Transformers and Rectifiers (India) Ltd
TARILTransformers and Rectifiers (India) Ltd
TARILPrice Chart
Scorecard
Performance
HighThe creamy layer - amongst the top performing stocks
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
BadThe stock is overpriced and in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
126.91 | 27.24 | 0.02% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
49.98 | 7.01 | 0.55% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Transformers & Rectifiers (India) Limited is a holding company which manufacturers a range of transformers.
Peers
Compare with peersABB India Ltd
CG Power and Industrial Solutions Ltd
Bharat Heavy Electricals Ltd
Hitachi Energy India Ltd
GE Vernova T&D India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 660.92 | 826.85 | 721.49 | 867.30 | 716.82 | 751.68 | 1,171.56 | 1,404.66 | 1,300.50 | 1,684.36 | ||||||||||
Raw Materials | 477.47 | 612.58 | 577.88 | 611.19 | 532.49 | 534.21 | 974.89 | 1,045.14 | 924.69 | 1,444.14 | ||||||||||
Power & Fuel Cost | 8.18 | 8.17 | 10.64 | 11.34 | 10.79 | 8.85 | 12.52 | 14.82 | 14.78 | |||||||||||
Employee Cost | 25.16 | 29.11 | 33.02 | 32.40 | 32.36 | 28.44 | 32.44 | 41.18 | 47.70 | |||||||||||
Selling & Administrative Expenses | 86.27 | 44.44 | 29.61 | 41.59 | 34.34 | 44.57 | 57.30 | 57.27 | 61.63 | |||||||||||
Operating & Other expenses | 21.39 | 39.14 | -0.77 | 97.65 | 39.62 | 57.55 | 10.53 | 116.68 | 111.77 | |||||||||||
EBITDA | 42.45 | 93.41 | 71.11 | 73.13 | 67.22 | 78.06 | 83.88 | 129.57 | 139.93 | 240.22 | ||||||||||
Depreciation/Amortization | 14.70 | 14.73 | 16.11 | 18.52 | 19.59 | 19.34 | 16.99 | 24.53 | 24.73 | 25.53 | ||||||||||
PBIT | 27.75 | 78.68 | 55.00 | 54.61 | 47.63 | 58.72 | 66.89 | 105.04 | 115.20 | 214.69 | ||||||||||
Interest & Other Items | 37.88 | 42.39 | 44.44 | 45.97 | 45.77 | 46.21 | 43.59 | 47.97 | 50.80 | 46.21 | ||||||||||
PBT | -10.13 | 36.29 | 10.56 | 8.64 | 1.86 | 12.51 | 23.30 | 57.07 | 64.40 | 168.48 | ||||||||||
Taxes & Other Items | -2.63 | 12.93 | 5.17 | 4.12 | 1.46 | 5.45 | 9.31 | 16.33 | 19.90 | 47.64 | ||||||||||
Net Income | -7.50 | 23.36 | 5.39 | 4.52 | 0.40 | 7.06 | 13.99 | 40.74 | 44.50 | 120.84 | ||||||||||
EPS | -0.57 | 1.76 | 0.41 | 0.34 | 0.03 | 0.53 | 1.06 | 3.07 | 3.23 | 8.48 | ||||||||||
DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.15 | 0.15 | 0.20 | 0.20 | ||||||||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.19 | 0.14 | 0.05 | 0.06 | 0.02 |
Company Updates
Annual report
PDFInvestor Presentation
Annual report
PDFAnnual report
PDFPeers & Comparison
IndustrialsHeavy Electrical Equipments
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Transformers and Rectifiers (India) Ltd | 344.63 | 27.24 | 0.02% |
ABB India Ltd | 120.20 | 25.12 | 0.42% |
CG Power and Industrial Solutions Ltd | 76.72 | 36.27 | 0.18% |
Bharat Heavy Electricals Ltd | 294.93 | 3.41 | 0.10% |
Price Comparison
Compare TARIL with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 3.49%
High Pledged Promoter Holding
A significant proportion of promoter holdings is pledged
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 1.34%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Transformers and Rectifiers (India) Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HSBC Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6638% | Percentage of the fund’s portfolio invested in the stock 0.79% | Change in the portfolio weight of the stock over the last 3 months -0.18% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 77/97 (-9) |
HSBC Large & Mid Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3775% | Percentage of the fund’s portfolio invested in the stock 1.48% | Change in the portfolio weight of the stock over the last 3 months -0.38% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 65/107 (-7) |
HSBC Aggressive Hybrid Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3696% | Percentage of the fund’s portfolio invested in the stock 0.92% | Change in the portfolio weight of the stock over the last 3 months -0.16% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 74/120 (-1) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateMay 10, 2024
Dividend/Share
₹0.20
Ex DateEx Date
May 10, 2024
Cash Dividend
Ex DateEx DateJul 28, 2023
Dividend/Share
₹0.15
Ex DateEx Date
Jul 28, 2023
Cash Dividend
Ex DateEx DateJul 28, 2022
Dividend/Share
₹0.15
Ex DateEx Date
Jul 28, 2022
Cash Dividend
Ex DateEx DateSep 2, 2021
Dividend/Share
₹0.10
Ex DateEx Date
Sep 2, 2021
Cash Dividend
Ex DateEx DateSep 4, 2014
Dividend/Share
₹0.75
Ex DateEx Date
Sep 4, 2014
Revenue from operations jumped 79.55% to Rs 461.54 crore in Q2 FY25 as against Rs 257.06 crore posted in Q2 FY24. The company's profit before tax soared to Rs 64.09 crore in Q2 FY25 as compared to Rs 3.01 crore posted in Q2 FY24. EBITDA soared 290.41% to Rs 80.97 crore in Q2 FY25 as compared to Rs 20.74 crore recorded in Q2 FY24. EBITDA margin improved to 17.11% in Q2 FY25 as against 8.04% reported in the quarter ended 30 September 2023. During the quarter, the company secured new orders worth Rs 1,031 crore, while the unexecuted order book currently stands at Rs 3,500 crore. On half year basis the company reported consolidated net profit of Rs 65.34 crore in H1 FY25 as against net loss of Rs 11 crore recorded in H1 FY24. The company's revenue surged 89.88% to Rs 783.54 crore in H1 FY25 as compared to Rs 412.63 crore recorded in H1 FY24. Transformers & Rectifiers (India) produces transformers for both domestic and international markets.Powered by Capital Market - Live
Net profit of Transformers & Rectifiers India rose 2710.56% to Rs 45.25 crore in the quarter ended September 2024 as against Rs 1.61 crore during the previous quarter ended September 2023. Sales rose 79.55% to Rs 461.54 crore in the quarter ended September 2024 as against Rs 257.06 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales461.54257.06 80 OPM %14.997.66 - PBDT70.499.22 665 PBT64.083.01 2029 NP45.251.61 2711 Powered by Capital Market - Live
Shares of Power Grid Corporation of India slipped 1.35% to Rs 346.10 on the BSE. The project involves the supply of transformers and reactors with a capacity range of 80 MVAr to 500 MVA and voltage classes of 420 kV to 765 kV. The project cost stood at Rs 565 crore and it is expected to be delivered by next financial year. Transformers & Rectifiers (India) produces transformers for both domestic and international markets. Power Grid Corporation of India has been established by the Government of India (GoI) as the central transmission utility of India. The firm is a Maharatna' company under Ministry of Power, GoI. As of 30 June 2024, the Government of India owned a 51.34% stake in the company.Powered by Capital Market - Live
Transformers & Rectifiers India has secured order of Rs 565 crore from Power Grid Corporation of India for manufacture of transformer and reactors with range of 80 MVAr to 500 MVA and 420kV to 765 kV Class. Powered by Capital Market - Live
Transformers & Rectifiers India will hold a meeting of the Board of Directors of the Company on 8 October 2024.Powered by Capital Market - Live
Transformers & Rectifiers India has secured an order of Rs 114 crore from RRVPNL for supply of transformers. Powered by Capital Market - Live
The project entails manufacturing of power transformers of 50 MVA, 132/33 KV. The project cost stood at Rs 114 crore and the project is expected to be delivered by next financial year. 'The company is committed to delivering high-quality products and services and has established itself as a leading manufacturer of transformers in the country over time,' stated the firm in exchange filing. Transformers & Rectifiers (India) produces transformers for both domestic and international markets. The company reported a consolidated net profit of Rs 20.09 crore in Q1 FY25, as against a net loss of Rs 12.61 crore. Revenue from operations increased 106.98% to Rs 322 crore in Q1 FY25 from Rs 155.57 crore in Q1 FY24.Powered by Capital Market - Live
Transformers & Rectifiers India has secured three orders totaling Rs 252 crore. These include an order of Rs 91 crore from SPIL for supply of transformers with range of 50 to 500 MVA and 33 kV Class to 420 kV Class. The second order is of Rs 70 crore from KEPIPL for supply of transformers and reactors with range of 125MVAr to 500 MVA and 420 kV Class. Lastly, JSPL has placed an order for transformers with range of 250 MVA and 400 KV Class. The value of this order is Rs 91 crore. Powered by Capital Market - Live
The company has been received an export order for transformers from Linxon Global Sweden and the total contract value of the same is $14 million. The project involves supplying 18 units of 20 MVA trackside traction transformers & 55 units of 7.5 MVA track side auto transformers. The Entire work has to be completed by October 2025. TRIL has also received an order for supplying transformers from Arcelor Mittal Mexico worth $2.80 million. The project involves supplying 175 MVA & 66 KV electrical arc furnace transformer. The project has to be executed by December 2024. Transformers & Rectifiers (India) produces transformers for both domestic and international markets. The company reported a consolidated net profit of Rs 20.09 crore in Q1 FY25, as against a net loss of Rs 12.61 crore. Revenue from operations increased 106.98% to Rs 322 crore in Q1 FY25 from Rs 155.57 crore in Q1 FY24. Powered by Capital Market - Live
Transformers & Rectifiers India has received export orders worth USD 16.80 million as under: 1. Order worth USD 14 million from Linxon Global Sweden for supply of 18 Nos. of 20 MVA Trackside Traction Transformers & 55 Nos of 7.5 MVA, Track Side Auto Transformer. 2. Order worth USD 2.80 million from Arcelor Mittal Mexico for supply of 175 MVA, 66 KV Electrical Arc Furnace Transformer. Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 8.44%, vs industry avg of 0.22%
Increasing Market Share
Over the last 5 years, market share increased from 1.33% to 2.15%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 58%, vs industry avg of 28.24%