Transformers And Rectifiers (India) Limited
TARIL · 532928 · Industrials · Heavy Electrical Equipment
- Market cap
- Rs 9,480 Cr
- P/E
- 30.93x
- P/B
- 5.74x
- 52W high / low
- Rs 478.9 / Rs 224.05
About Transformers And Rectifiers (India)
Transformers And Rectifiers (India) Limited is listed on the NSE under the symbol TARIL and on the BSE under scrip code 532928. It is classified in the Industrials sector, industry: Heavy Electrical Equipment. It is a constituent of BSE 500, NIFTY 500 and NIFTY Smallcap 250. The company listed on 28 Dec 2007 and has a face value of Rs 1.
The latest available end-of-day price is Rs 315.8 (+0.35% on the day), for a market capitalisation of Rs 9,480 Cr. Trailing P/E is 30.93x and price-to-book is 5.74x. The 52-week range is Rs 224.05 to Rs 478.9. The latest price is 36% of the way from the 52-week low to the 52-week high.
Against the 15-company comparison set from the official BSE basic industry Heavy Electrical Equipment, its market capitalisation is 0.8 times the peer median of Rs 11,160 Cr, and its P/E of 30.93x compares with a peer median of 38.14x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.
Latest annual results
For FY26 (year ended 31 Mar 2026), Transformers And Rectifiers (India) Limited reported revenue of Rs 2,509 Cr and net profit of Rs 272 Cr, with a net margin of 10.85% and earnings per share of Rs 9.07 (consolidated statements).
Year-on-year change: revenue +25.28%; net profit +25.77%; EPS +25.80%. Three-year compound annual growth rate: revenue +22.75%; net profit +85.89%.
At the same date the balance sheet shows total assets of Rs 2,666 Cr, shareholders' equity of Rs 1,515 Cr, total debt of Rs 457 Cr, cash of Rs 8.1 Cr, a debt-to-equity ratio of 0.30 and operating cash flow of Rs -105.4 Cr.
On a trailing-twelve-month basis the filings add up to revenue of Rs 2,831 Cr, net income of Rs 313 Cr and a net margin of 11.06%.
Shareholding pattern
In the shareholding pattern for 30 Sept 2026, Transformers And Rectifiers (India) Limited's ownership is split: promoters 64.36%; foreign institutional investors (FIIs) 6.99%; domestic institutional investors (DIIs) 1.19%; retail and other shareholders 27.46%.
Compared with the filing for 30 Jun 2026: promoter holding 0.00 percentage points; FII holding −0.81 percentage points; DII holding −0.34 percentage points.
The same filing lists reported promoter pledge of 21.84% and 2,23,850 shareholders on record.
Recent filings and corporate actions
106 BSE corporate announcements were filed by Transformers And Rectifiers (India) Limited in the past twelve months; the most frequent category is "Company Update" (79). The most recent is "Press Release - Update on Manufacturing Facilities at Chiyada, Gujarat" (Company Update), filed on 27 Oct 2026.
The disclosed corporate-action timeline lists 6 entries: dividend (5), bonus (1). The latest is a dividend (Final Dividend - Rs. - 0.2500) with ex-date 18 Sept 2026.
Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.
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Peer comparison
Official BSE basic industry: Heavy Electrical Equipment. Limited to companies within a 0.1x–10x market-cap band.
Edit columns
| Suzlon Energy Limited | Rs 36.79 | Rs 50,610 Cr | Rs 18,550 Cr | Rs 2,259 Cr | 22.43x | 29.02% |
| Thermax Limited | Rs 3,193.1 | Rs 35,970 Cr | Rs 11,109 Cr | Rs 591 Cr | 60.64x | 11.32% |
| Schneider Electric Infrastructure Limited | Rs 1,130.7 | Rs 27,035 Cr | Rs 2,941 Cr | Rs 184 Cr | — | 27.50% |
| Azad Engineering Limited | Rs 2,533.9 | Rs 16,364 Cr | Rs 679 Cr | Rs 139 Cr | — | 9.51% |
| Triveni Turbine Limited | Rs 469.6 | Rs 14,933 Cr | Rs 2,335 Cr | Rs 336 Cr | 44.43x | 25.26% |
| Atlanta Electricals Limited | Rs 1,667 | Rs 12,821 Cr | Rs 2,018 Cr | Rs 217 Cr | 28.97x | 23.40% |
| TD Power Systems Limited | Rs 719.45 | Rs 11,240 Cr | Rs 2,144 Cr | Rs 275 Cr | 81.76x | 28.47% |
| Quality Power Electrical Equipments Limited | Rs 1,430.8 | Rs 11,081 Cr | Rs 1,069 Cr | Rs 195 Cr | 83.14x | 27.59% |
| Voltamp Transformers Limited | Rs 10,176 | Rs 10,295 Cr | Rs 2,541 Cr | Rs 323 Cr | 31.84x | 19.13% |
| Inox Wind Limited | Rs 59.18 | Rs 10,228 Cr | Rs 4,578 Cr | Rs 417 Cr | 24.56x | 6.03% |
| Karamtara Engineering Limited | Rs 349.25 | Rs 10,208 Cr | — | — | 44.60x | — |
| Elecon Engineering Company Limited | Rs 437.5 | Rs 9,818 Cr | Rs 2,535 Cr | Rs 245 Cr | 40.10x | 11.37% |
| Transformers And Rectifiers (India) LimitedThis company | Rs 315.8 | Rs 9,480 Cr | Rs 2,877 Cr | Rs 313 Cr | 30.93x | 22.63% |
| Kanohar Electricals Limited | Rs 981.4 | Rs 7,306 Cr | — | — | 56.31x | — |
| Powerica Limited | Rs 496.25 | Rs 6,281 Cr | — | — | 20.34x | — |
| Median | Rs 850.43 | Rs 11,160 Cr | Rs 2,541 Cr | Rs 313 Cr | 38.14x | 23.40% |
Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.
Reels about Transformers And Rectifiers (India)
Companies related to Transformers And Rectifiers (India)
Same official industry (Heavy Electrical Equipment)
- Suzlon Energy LimitedSUZLON · Market cap Rs 50,610 Cr
- Thermax LimitedTHERMAX · Market cap Rs 35,970 Cr
- Schneider Electric Infrastructure LimitedSCHNEIDER · Market cap Rs 27,035 Cr
- Azad Engineering LimitedAZAD · Market cap Rs 16,364 Cr
- Triveni Turbine LimitedTRITURBINE · Market cap Rs 14,933 Cr
- Atlanta Electricals LimitedATLANTAELE · Market cap Rs 12,821 Cr
- TD Power Systems LimitedTDPOWERSYS · Market cap Rs 11,240 Cr
- Quality Power Electrical Equipments LimitedQPOWER · Market cap Rs 11,081 Cr
Other Industrials companies of a similar market capitalisation
- Inox Wind LimitedINOXWIND · Market cap Rs 10,228 Cr
- Techno Electric & Engineering Company LimitedTECHNOE · Market cap Rs 9,886 Cr
- Elecon Engineering Company LimitedELECON · Market cap Rs 9,818 Cr
- Ircon International LimitedIRCON · Market cap Rs 9,488 Cr
- RITES LimitedRITES · Market cap Rs 9,363 Cr
- KEC International LimitedKEC · Market cap Rs 9,153 Cr
- TITAGARH RAIL SYSTEMS LIMITEDTITAGARH · Market cap Rs 8,952 Cr
- Jupiter Wagons LimitedJWL · Market cap Rs 8,253 Cr
Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.