TARIL · NSE

Transformers And Rectifiers (India) Limited

₹279.85

+1.39% (+₹3.85)

Prev. close

₹276

Volume

12,38,672

Delivery %

42.8%

As of

18 Sept 2026

Price history

₹279.85-₹29.65 (-9.58%) · 3M
10 Jun 202618 Sept 2026
₹358.95₹27610 Jun03 Jul03 Aug26 Aug18 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on Transformers And Rectifiers (India) Limited in the last 90 days.

Fundamentals

About Transformers And Rectifiers (India) Limited

Transformers and Rectifiers (India) Limited, together with its subsidiaries, manufactures and sells transformers in India. The company provides power transformers, such as generator transformers, unit and station auxiliary transformers, small and medium power transformers, and trackside transformers for railways; and rectifier transformers, including 6 and 12/24 pulse transformers with IPT, as well as transformers for bridge construction. It also offers distribution transformers, including energy efficient transformers, transformers with packaged substations, copper and aluminum wounds, hermitically sealed type transformers, and transformers with corrugated cooling fins. In addition, the company provides furnace transformers consisting of electric arc furnace and submerged arc furnace transformers, ladle refining furnace transformers, induction furnace transformers, and DC arc furnace transformers; specialty transformers, including testing and earthing transformers and transformers having multiple secondaries; and shunt and series reactors. It exports its products. It serves power transmission, cement, paper and pulp, metal processing, mining, railways, pharmaceutical, petrochemical, distribution, and green energy industries. The company was formerly known as Triveni Electric Company Limited and changed its name to Transformers and Rectifiers (India) Limited in March 1995. Transformers and Rectifiers (India) Limited was founded in 1981 and is based in Ahmedabad, India.

Details

Sector

Industrials

Industry

Electrical Equipment & Parts

CEO

Mr. Satyen Jitendra Mamtora

Headquarters

Ahmedabad

Employees

629

Key stats

Market cap

₹8,478.18 Cr

P/E ratio (TTM)

32.0

Dividend yield

0.09%

EPS (TTM)

₹8.83

Beta (1Y · daily vs NIFTY 50)

1.75

Beta (5Y · monthly vs NIFTY 50)

0.75

Shares float

10.68 Cr

EPS · quarter ended Jun 2026

₹2.05

Financial Performance

01 · Financials

0 Cr1000 Cr2000 Cr3000 Cr-50%0%50%100%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.6% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

035810FY21FY22FY23FY24FY26

03 · Dividend Profile

00000%25%50%75%100%02 Sept 2128 Jul 2228 Jul 2310 May 2409 May 2518 Sept 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-100%0%100%200%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr1000 Cr2000 Cr3000 Cr0.5×1.5×FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr1000 Cr2000 Cr3000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-250 Cr0 Cr250 Cr500 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹742.08 Cr₹1,158.33 Cr₹1,380.85 Cr₹1,294.68 Cr₹1,987.78 Cr₹2,508.80 Cr
EBITDA₹78.08 Cr₹83.88 Cr₹118.80 Cr₹127.43 Cr₹345.76 Cr₹427.83 Cr
₹7.06 Cr₹13.99 Cr₹40.71 Cr₹44.50 Cr₹214.27 Cr₹264.39 Cr
Diluted EPS₹0.28₹0.53₹1.54₹0.82₹9.07

Total expenses (as filed), Employee benefit expense, Other expenses, Other income, Diluted EPS have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1,185.68 Cr₹1,168.30 Cr₹2,184.96 Cr₹2,665.72 Cr
₹330.25 Cr₹256.00 Cr₹282.77 Cr₹456.65 Cr
Stockholders' equity₹393.22 Cr₹554.43 Cr₹1,251.93 Cr₹1,514.83 Cr

Total assets, Current assets, Inventory, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹96.26 Cr₹1.88 Cr₹28.38 Cr₹29.16 Cr₹156.58 Cr₹-105.38 Cr
Investing cash flow₹-6.96 Cr₹-7.99 Cr₹9.16 Cr₹-22.44 Cr₹-625.11 Cr₹-7.40 Cr
₹-93.09 Cr₹17.21 Cr₹-44.88 Cr₹-9.86 Cr₹468.50 Cr₹115.61 Cr
Capital expenditure₹-5.99 Cr₹-8.52 Cr₹-10.28 Cr₹-15.83 Cr₹-234.80 Cr₹-109.44 Cr
End cash position₹81.00 L₹12.08 Cr₹4.74 Cr₹1.60 Cr₹5.27 Cr₹8.10 Cr

Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Sep 23(9Q)Oct 23Mar 24(3Q)Jun 24Sep 24(3Q)Dec 24Jun 26(8Q)
Promoter74.91%69.65%66.16%64.36%
Public25.09%30.35%33.84%35.64%
Employee trusts0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Industrials

Company
Larsen & Toubro Limited₹5.24 L Cr₹3,836.231.64.7914.7%1.15+11.8%+4.1%
Adani Ports and Special Economic Zone Limited₹4.00 L Cr₹1,82429.44.1713.3%0.66+27.1%+29.1%
Hindustan Aeronautics Limited₹3.20 L Cr₹4,800.334.37.8022.2%0.00+5.6%-1.2%
Bharat Electronics Limited₹2.82 L Cr₹395.4546.011.7525.3%0.00+15.9%-4.1%
InterGlobe Aviation Limited₹1.87 L Cr₹4,92026.87-34.3%11.15+6.6%-13.9%
ABB India Limited₹1.51 L Cr₹7,270.595.519.2821.3%0.01+8.1%+33.7%
Bharat Heavy Electricals Limited₹1.43 L Cr₹429.258.85.476.1%0.31+18.3%+83.2%
Hitachi Energy India Limited₹1.39 L Cr₹32,700121.726.8919.1%0.02+27.2%+68.7%
Cummins India Limited₹1.39 L Cr₹5,099.557.816.4227.9%0.00+16.9%+24.3%
CG Power and Industrial Solutions Limited₹1.39 L Cr₹892107.617.3915.1%0.01+25.1%+13.7%
Siemens Limited₹1.33 L Cr₹3,763.578.810.0715.9%0.01+16.2%+13.3%
Transformers And Rectifiers (India) Limited₹8,296.58 Cr₹27631.25.4817.5%0.30+23.7%-47.8%

Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

22 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

TARIL

Transformers and Rectifiers shares rally 8% after receiving order worth up to Rs 100-500 crore from MEIL

The Economic Times · 19 days ago

TARIL

Transformers and Rectifiers (India) Seeks Shareholder Nod to Reallocate QIP Proceeds

TipRanks · 21 days ago