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Transformers & Rectifiers India Ltd

TARIL

NSE

₹326.10-0.91%19 Oct 2026

Reports

Capital Goods Transformers

Transformers & Rectifiers India Ltd

TARIL

NSE

₹326.10

-0.91%

19 Oct 2026

SOICxStockScans Reports

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Capital Goods Transformers

Indices

Business Overview: What the company does, in plain English.Growth Catalysts: The forward growth drivers and triggers.Guidance Report: Management guidance vs outcomes.Forensic Report: Accounting quality and red flags.Deep Dive Report: In-depth business analysis.

Transformers & Rectifiers India Ltd (TARIL) is fundamentally a manufacturer of the giant, custom-built machines that move and shape electricity - the transformers and reactors that sit inside power stations, grid substations, and steel mills. Founded in 1981 by a first-generation electrical engineer, the company has spent over four decades climbing the voltage ladder, from low-voltage distribution units to some of the highest-voltage transformers ever made in India, entirely through indigenous design. The recurring approach is to target the technically demanding, high-barrier end of the market where fewer competitors can follow, then lock in its position with utility approvals, in-house component manufacturing, and a widening range that spans from a 500 KVA distribution unit to a 1,200 kV behemoth.

Business segments

A single engine with five interlocking product families - power transformers as the dominant core, flanked by reactors, furnace transformers, rectifier transformers, and distribution units - all built on the same manufacturing backbone and sold to the same universe of utilities and heavy industry.

1. Power transformers: the high-voltage backbone of the grid

The company earns the majority of its revenue making the largest, hardest-to-build transformers - the kind that connect power plants to the national grid - in a market where Chinese competitors have retreated and new players face steep approval barriers.

Approved without outside help - TARIL is qualified by Indian utilities to supply power transformers up to 765 kV class using only its own technology, a distinction that acts as an entry barrier for newcomers who would otherwise need to license designs from established players.
Tested to destruction, literally - it has successfully completed dynamic short-circuit tests on over 150 transformers at independent labs like KEMA and CPRI, the highest count in India and Asia-Pacific, which is how utilities gain confidence to place orders for one-off, high-stakes units.
A market that consolidated in its favour - an extended industry downturn forced many competitors out of business or into mergers, while Chinese suppliers exited the Indian market, leaving TARIL as the second-largest player by capacity with a 22-25% market share in power transformers.
Pushing the voltage frontier - the company has dispatched a 333 MVA, 1,200 kV auto transformer to India's national test station, the highest AC voltage class in the world, and secured the country's first HVDC transformer repair order from Power Grid, a stepping stone into the even more specialised HVDC segment.

2. Reactors: the grid's voltage managers

Shunt and series reactors are the companion product to power transformers - they stabilise transmission networks - and TARIL has used its high-voltage know-how to build the world's first ester-filled unit at 420 kV.

A technology-licence head start - the company absorbed 400 & 765 kV class reactor and generator transformer technology through a licence agreement with Fuji Electric, which let it enter the top tier of reactor manufacturing without starting from scratch.
An environmentally safer first - it designed and manufactured the world's first 420 kV shunt reactor filled with synthetic ester fluid instead of mineral oil, a product that reduces fire risk and environmental hazard in substations.
Tested at its own facility - Power Grid Corporation accepted supply of 245 kV shunt reactors from TARIL's Changodar testing facility, meaning the company can now qualify reactors without relying entirely on external test labs.

3. Furnace transformers: the muscle behind steelmaking

These are the transformers that feed electric arc and ladle furnaces with enormous currents - a niche where TARIL has become one of only three companies globally to build a 220 MVA unit.

Replacing imports with domestic builds - the company has won orders for arc furnace duty transformers that Indian steelmakers previously had to source from abroad, a shift driven by its ability to handle the extreme secondary currents and wide voltage regulation these furnaces demand.
A global top-three credential - it exported a 220/253 MVA electric arc furnace transformer, a rating that only two other manufacturers worldwide had achieved, which opens doors with large international steel producers.
Installed base across continents - units are operating at steel plants in Mexico, Iran, and Russia, including a 156 MVA furnace duty transformer at Novorross Steel described as the biggest furnace duty installation.

4. Rectifier transformers: the DC power source for industry and green hydrogen

TARIL is the market leader in India for transformers that convert AC to DC - a product family that has gained new relevance because it is the essential power supply for green hydrogen electrolysers.

The only Indian name in green hydrogen transformers - it is the sole domestic manufacturer qualified to supply rectifier transformers for green hydrogen energy applications, a position that ties its growth directly to India's renewable-energy push.
High-current DC for heavy industry - the company builds rectifier transformers up to 160 kA DC, serving electroplating, metal refining, and chemical plants that need precisely controlled direct current.

5. Distribution and specialty transformers: the tailored end of the range

The smallest part of the portfolio by revenue, this segment covers low-voltage distribution units and custom-designed specialty transformers for railways, solar plants, and STATCOM installations - often the products that lead to larger utility relationships.

First-mover in railway designs - TARIL was one of the first Indian manufacturers of V-Connect and Scott-Connect transformers for railway traction, a specialised configuration that feeds overhead lines from the three-phase grid.
A foot in the STATCOM door - it received maiden orders for a 193 MVA single-phase STATCOM transformer and a batch of 40 STATCOM transformers, devices used to stabilise grid voltage, which signals entry into a growing power-quality market.
Solar and inverter-duty tested - the company successfully short-circuit tested a 12.5 MVA inverter-duty transformer and has supplied pad-mounted compact transformers to the USA, building credentials in the renewable-energy supply chain.

Manufacturing and backward integration

Three plants around Ahmedabad with roughly 40,000 MVA of annual capacity - and a deliberate campaign to bring radiator, bushing, tank, and CRGO processing in-house - form the physical and cost-competitiveness engine under every product line.

Three plants, one voltage ladder - the Moraiya plant handles the largest units up to 500 MVA and 1,200 kV and also produces medium power transformers up to 160 MVA and 220 kV, Changodar covers medium power and renewables up to 160 MVA and 220 kV, and the smaller Odhav plant produces distribution transformers up to 10 MVA, so no single facility is stretched across the entire range.
Making what it used to buy - in-house radiator manufacturing (approved by Power Grid for up to 765 kV), OIP bushings up to 245 kV, current transformers up to 765 kV, and tank fabrication together cover 10-15% of raw material needs, with a CTC plant, press-board facility, and RIP bushing plant scheduled to come online through FY27.
Securing the scarcest input - the company acquired a 51% stake in Posco Poggenamp Electrical Steel, a CRGO processing facility with 24,000 MT of annual capacity, and signed a long-term supply contract with steel mills, because CRGO steel - which is entirely imported into India - accounts for roughly a third of raw material cost and its lead times have stretched to years.
A NABL-accredited steel lab - TARIL is the only Indian transformer company with an in-house NABL-accredited lab for testing electrical steel, which lets it verify the quality of its most critical material before it enters production.

Group structure and partners

A cluster of wholly owned and majority-owned subsidiaries supplies components and services to the parent, while technology licences from Fuji Electric and ZTR Ukraine underpin the highest-voltage products.

Subsidiaries as captive suppliers - Transpares, Transweld, TARIL Infrastructure, Savas Engineering, and TARIL Switchgear (which was reclassified from a joint venture to a subsidiary due to control over the board) provide goods and services to the parent, functioning as backward-integration and support units rather than standalone businesses.
The CRGO acquisition - the controlling stake in Posco Poggenamp Electrical Steel, which processes laminations and built-up cores for transformers up to 765 kV and 500 MVA, makes TARIL an integrated player for processed electrical steel while also generating revenue from external customers.
Technology partners for the top end - a licence agreement with Fuji Electric covers 400 and 765 kV reactor and generator transformers, while a strategic alliance with ZTR Ukraine provides 765 kV transformer technology, giving TARIL access to proven designs at voltage levels where failure is not an option.

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Balance Sheet

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Mkt Cap

Market Capitalization

₹9,875Cr

Close Price

₹329.00

Industry

Capital Goods Transformers

Price To Earnings

32.00

Price To Sales

3.49

Revenue

₹2,831Cr

Rev Gr TTM

Revenue Growth TTM

27.23%

PAT Gr TTM

PAT Growth TTM

23.00%

Consolidated

Standalone

Numbers

Percentage

Quarter	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue RevenueCr	369	513	322	462	559	676	529	460	737	783	572	739
Growth YoY Revenue Growth YoY%	11.4	17.0	107.0	79.5	51.4	31.9	64.4	-0.3	31.7	15.7	8.1	60.7
Expenses ExpensesCr	331	441	280	392	475	545	441	409	612	664	479	611
Operating Profit Operating ProfitCr	38	72	42	69	85	131	88	52	125	118	93	129
OPM OPM%	10.4	14.0	13.1	15.0	15.2	19.4	16.7	11.2	17.0	15.1	16.3	17.4
Other Income Other IncomeCr	2	1	4	12	9	10	20	14	4	22	16	3
Interest Expense Interest ExpenseCr	13	11	12	10	14	15	10	13	13	14	15	14
Depreciation DepreciationCr	6	6	7	6	6	7	8	7	8	7	7	7
PBT PBTCr	21	56	28	64	74	119	90	45	108	119	88	110
Tax TaxCr	5	14	7	18	18	25	23	8	32	28	24	29
PAT PATCr	16	42	21	46	55	94	67	37	76	91	64	81
Growth YoY PAT Growth YoY%	11.3	333.5	270.6	2,329.1	253.0	126.3	223.9	-18.6	36.9	-3.0	-4.7	117.9
NPM NPM%	4.3	8.1	6.5	9.9	9.9	13.9	12.7	8.1	10.3	11.7	11.2	11.0
EPS EPS₹	0.6	1.4	0.7	1.5	1.8	3.1	2.2	1.1	2.5	3.0	2.0	2.7

Quarter	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue RevenueCr	369	513	322	462	559	676	529	460	737	783	572	739
Growth YoY Revenue Growth YoY%	11.4	17.0	107.0	79.5	51.4	31.9	64.4	-0.3	31.7	15.7	8.1	60.7
Expenses ExpensesCr	331	441	280	392	475	545	441	409	612	664	479	611
Operating Profit Operating ProfitCr	38	72	42	69	85	131	88	52	125	118	93	129
OPM OPM%	10.4	14.0	13.1	15.0	15.2	19.4	16.7	11.2	17.0	15.1	16.3	17.4
Other Income Other IncomeCr	2	1	4	12	9	10	20	14	4	22	16	3
Interest Expense Interest ExpenseCr	13	11	12	10	14	15	10	13	13	14	15	14
Depreciation DepreciationCr	6	6	7	6	6	7	8	7	8	7	7	7
PBT PBTCr	21	56	28	64	74	119	90	45	108	119	88	110
Tax TaxCr	5	14	7	18	18	25	23	8	32	28	24	29
PAT PATCr	16	42	21	46	55	94	67	37	76	91	64	81
Growth YoY PAT Growth YoY%	11.3	333.5	270.6	2,329.1	253.0	126.3	223.9	-18.6	36.9	-3.0	-4.7	117.9
NPM NPM%	4.3	8.1	6.5	9.9	9.9	13.9	12.7	8.1	10.3	11.7	11.2	11.0
EPS EPS₹	0.6	1.4	0.7	1.5	1.8	3.1	2.2	1.1	2.5	3.0	2.0	2.7

Consolidated

Standalone

Numbers

Percentage

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Revenue RevenueCr	595	821	716	855	701	742	1,162	1,396	1,295	2,019	2,509	2,831
Growth Revenue Growth%	7.5	37.9	-12.8	19.5	-18.1	5.9	56.5	20.2	-7.3	56.0	24.2	27.2
Expenses ExpensesCr	560	738	650	794	650	674	1,088	1,275	1,161	1,692	2,126	2,366
Operating Profit Operating ProfitCr	35	82	65	61	51	68	74	121	134	327	383	466
OPM OPM%	5.8	10.0	9.2	7.2	7.3	9.2	6.4	8.7	10.4	16.2	15.3	16.4
Other Income Other IncomeCr	4	6	6	12	16	10	10	9	6	35	61	46
Interest Expense Interest ExpenseCr	34	38	44	46	46	46	44	48	51	51	51	57
Depreciation DepreciationCr	15	15	16	19	20	19	17	25	25	27	30	29
PBT PBTCr	-10	36	11	9	2	13	23	57	64	285	363	425
Tax TaxCr	-3	12	4	4	1	5	9	15	17	68	91	112
PAT PATCr	-7	24	6	5	1	8	14	42	47	216	272	313
Growth PAT Growth%	7.2	446.0	-74.0	-18.2	-79.4	626.6	87.2	196.5	11.0	360.4	25.8	23.0
NPM NPM%	-1.2	2.9	0.9	0.6	0.1	1.0	1.2	3.0	3.6	10.7	10.8	11.1
EPS EPS₹	-0.3	0.9	0.2	0.2	0.0	0.3	0.5	1.5	1.6	7.2	9.1	10.3

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Revenue RevenueCr	595	821	716	855	701	742	1,162	1,396	1,295	2,019	2,509	2,831
Growth Revenue Growth%	7.5	37.9	-12.8	19.5	-18.1	5.9	56.5	20.2	-7.3	56.0	24.2	27.2
Expenses ExpensesCr	560	738	650	794	650	674	1,088	1,275	1,161	1,692	2,126	2,366
Operating Profit Operating ProfitCr	35	82	65	61	51	68	74	121	134	327	383	466
OPM OPM%	5.8	10.0	9.2	7.2	7.3	9.2	6.4	8.7	10.4	16.2	15.3	16.4
Other Income Other IncomeCr	4	6	6	12	16	10	10	9	6	35	61	46
Interest Expense Interest ExpenseCr	34	38	44	46	46	46	44	48	51	51	51	57
Depreciation DepreciationCr	15	15	16	19	20	19	17	25	25	27	30	29
PBT PBTCr	-10	36	11	9	2	13	23	57	64	285	363	425
Tax TaxCr	-3	12	4	4	1	5	9	15	17	68	91	112
PAT PATCr	-7	24	6	5	1	8	14	42	47	216	272	313
Growth PAT Growth%	7.2	446.0	-74.0	-18.2	-79.4	626.6	87.2	196.5	11.0	360.4	25.8	23.0
NPM NPM%	-1.2	2.9	0.9	0.6	0.1	1.0	1.2	3.0	3.6	10.7	10.8	11.1
EPS EPS₹	-0.3	0.9	0.2	0.2	0.0	0.3	0.5	1.5	1.6	7.2	9.1	10.3

Consolidated

Standalone

Numbers

Percentage

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Sep 2026
Equity Capital Equity CapitalCr	13	13	13	13	13	13	13	13	14	30	30	30
Reserves ReservesCr	313	312	317	322	323	330	343	381	540	1,222	1,485	1,623
Current Liabilities Current LiabilitiesCr	406	504	715	500	537	493	672	708	539	801	1,032	1,167
Non Current Liabilities Non Current LiabilitiesCr	53	40	35	36	52	81	74	77	66	111	90	165
Total Liabilities Total LiabilitiesCr	791	876	1,088	879	932	925	1,109	1,186	1,168	2,185	2,666	3,017
Current Assets Current AssetsCr	579	670	869	654	714	711	909	990	989	1,398	1,874	1,979
Non Current Assets Non Current AssetsCr	212	205	219	225	218	214	200	196	180	787	792	1,038
Total Assets Total AssetsCr	791	876	1,088	879	932	925	1,109	1,186	1,168	2,185	2,666	3,017

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Sep 2026
Equity Capital Equity CapitalCr	13	13	13	13	13	13	13	13	14	30	30	30
Reserves ReservesCr	313	312	317	322	323	330	343	381	540	1,222	1,485	1,623
Current Liabilities Current LiabilitiesCr	406	504	715	500	537	493	672	708	539	801	1,032	1,167
Non Current Liabilities Non Current LiabilitiesCr	53	40	35	36	52	81	74	77	66	111	90	165
Total Liabilities Total LiabilitiesCr	791	876	1,088	879	932	925	1,109	1,186	1,168	2,185	2,666	3,017
Current Assets Current AssetsCr	579	670	869	654	714	711	909	990	989	1,398	1,874	1,979
Non Current Assets Non Current AssetsCr	212	205	219	225	218	214	200	196	180	787	792	1,038
Total Assets Total AssetsCr	791	876	1,088	879	932	925	1,109	1,186	1,168	2,185	2,666	3,017

Consolidated

Standalone

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow Operating Cash FlowCr	37	66	-102	179	16	96	2	28	29	157	-105
Investing Cash Flow Investing Cash FlowCr	-5	-24	-31	-8	-15	-7	-8	9	-22	-625	-7
Financing Cash Flow Financing Cash FlowCr	-31	-61	145	-182	2	-93	17	-45	-10	469	116
Net Cash Flow Net Cash FlowCr	0	-19	12	-11	3	-4	11	-7	-3	0	3
Free Cash Flow Free Cash FlowCr	29	55	-132	163	7	91	-6	19	14	-78	-215
CFO To PAT CFO To PAT%	-536.8	277.2	-1,636.6	3,508.5	1,558.0	1,263.8	13.3	67.0	62.0	72.3	-38.7
CFO To EBITDA CFO To EBITDA%	107.9	80.9	-155.8	292.0	31.9	140.8	2.5	23.5	21.7	47.8	-27.5

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow Operating Cash FlowCr	37	66	-102	179	16	96	2	28	29	157	-105
Investing Cash Flow Investing Cash FlowCr	-5	-24	-31	-8	-15	-7	-8	9	-22	-625	-7
Financing Cash Flow Financing Cash FlowCr	-31	-61	145	-182	2	-93	17	-45	-10	469	116
Net Cash Flow Net Cash FlowCr	0	-19	12	-11	3	-4	11	-7	-3	0	3
Free Cash Flow Free Cash FlowCr	29	55	-132	163	7	91	-6	19	14	-78	-215
CFO To PAT CFO To PAT%	-536.8	277.2	-1,636.6	3,508.5	1,558.0	1,263.8	13.3	67.0	62.0	72.3	-38.7
CFO To EBITDA CFO To EBITDA%	107.9	80.9	-155.8	292.0	31.9	140.8	2.5	23.5	21.7	47.8	-27.5

Consolidated

Standalone

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Current
Valuation Ratios Valuation Ratios
Market Cap Market CapitalizationCr	311	538	351	179	72	217	437	761	5,642	16,087	7,639	9,875
Price To Earnings Price To Earnings	-41.5	23.0	64.6	39.8	181.7	30.9	31.1	18.7	126.8	75.1	28.9	32.0
Price To Sales Price To Sales	0.5	0.7	0.5	0.2	0.1	0.3	0.4	0.5	4.4	8.0	3.0	3.5
Price To Book Price To Book	0.9	1.6	1.1	0.5	0.2	0.6	1.2	1.9	10.2	12.8	5.0	6.0
EV To EBITDA EV To EBITDA	12.3	8.6	10.6	6.4	6.3	6.6	9.7	8.8	43.8	49.5	20.8	22.3
Profitability Ratios Profitability Ratios
GPM GPM%	15.2	20.5	19.2	16.5	19.0	20.6	15.5	17.5	21.2	26.3	27.4	27.4
OPM OPM%	5.8	10.0	9.2	7.2	7.3	9.2	6.4	8.7	10.4	16.2	15.3	16.4
NPM NPM%	-1.2	2.9	0.9	0.6	0.1	1.0	1.2	3.0	3.6	10.7	10.8	11.1
ROCE ROCE%	5.1	14.2	7.7	9.5	7.6	9.7	9.8	14.5	14.2	21.9	21.0	21.6
ROE ROE%	-2.1	7.4	1.9	1.5	0.3	2.2	4.0	10.7	8.5	17.3	18.0	18.9
ROA ROA%	-0.9	2.7	0.6	0.6	0.1	0.8	1.3	3.6	4.0	9.9	10.2	10.4
Operational Ratios Operational Ratios
Solvency Ratios Solvency Ratios
Liquidity Ratios Liquidity Ratios

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Current
Valuation Ratios Valuation Ratios
Market Cap Market CapitalizationCr	311	538	351	179	72	217	437	761	5,642	16,087	7,639	9,875
Price To Earnings Price To Earnings	-41.5	23.0	64.6	39.8	181.7	30.9	31.1	18.7	126.8	75.1	28.9	32.0
Price To Sales Price To Sales	0.5	0.7	0.5	0.2	0.1	0.3	0.4	0.5	4.4	8.0	3.0	3.5
Price To Book Price To Book	0.9	1.6	1.1	0.5	0.2	0.6	1.2	1.9	10.2	12.8	5.0	6.0
EV To EBITDA EV To EBITDA	12.3	8.6	10.6	6.4	6.3	6.6	9.7	8.8	43.8	49.5	20.8	22.3
Profitability Ratios Profitability Ratios
GPM GPM%	15.2	20.5	19.2	16.5	19.0	20.6	15.5	17.5	21.2	26.3	27.4	27.4
OPM OPM%	5.8	10.0	9.2	7.2	7.3	9.2	6.4	8.7	10.4	16.2	15.3	16.4
NPM NPM%	-1.2	2.9	0.9	0.6	0.1	1.0	1.2	3.0	3.6	10.7	10.8	11.1
ROCE ROCE%	5.1	14.2	7.7	9.5	7.6	9.7	9.8	14.5	14.2	21.9	21.0	21.6
ROE ROE%	-2.1	7.4	1.9	1.5	0.3	2.2	4.0	10.7	8.5	17.3	18.0	18.9
ROA ROA%	-0.9	2.7	0.6	0.6	0.1	0.8	1.3	3.6	4.0	9.9	10.2	10.4
Operational Ratios Operational Ratios
Solvency Ratios Solvency Ratios
Liquidity Ratios Liquidity Ratios

	SCHNEIDER	ATLANTAELE	VOLTAMP	TARIL	KANOHAR	SHILCTECH	INDOTECH
Market CapitalizationMkt CapCr	26,899	12,988	10,530	9,875	8,306	4,441	3,144
Close PriceClose₹	1,125.00	1,689.00	10,408.00	329.00	1,048.95	3,882.00	2,960.00
IndustryIndustry	Capital Goods Transformers	Capital Goods Transformers	Capital Goods Transformers	Capital Goods Transformers	Capital Goods Transformers	Capital Goods Transformers	Capital Goods Transformers
Price To EarningsPE	146.29	43.30	33.21	32.00	57.04	32.29	31.65
Price To SalesPS	9.21	6.49	4.63	3.49	12.70	7.07	3.72
RevenueRevenueCr	2,920	2,003	2,274	2,831	654	628	846
Revenue Growth TTMRev Gr TTM%	9.6%	59.0%	17.8%	27.2%		-7.0%	22.0%
PAT Growth TTMPAT Gr TTM%	-29.5%	74.1%	-2.6%	23.0%		-16.3%	28.7%

	SCHNEIDER	ATLANTAELE	VOLTAMP	TARIL	KANOHAR	SHILCTECH	INDOTECH
Market CapitalizationMkt CapCr	26,899	12,988	10,530	9,875	8,306	4,441	3,144
Close PriceClose₹	1,125.00	1,689.00	10,408.00	329.00	1,048.95	3,882.00	2,960.00
IndustryIndustry	Capital Goods Transformers	Capital Goods Transformers	Capital Goods Transformers	Capital Goods Transformers	Capital Goods Transformers	Capital Goods Transformers	Capital Goods Transformers
Price To EarningsPE	146.29	43.30	33.21	32.00	57.04	32.29	31.65
Price To SalesPS	9.21	6.49	4.63	3.49	12.70	7.07	3.72
RevenueRevenueCr	2,920	2,003	2,274	2,831	654	628	846
Revenue Growth TTMRev Gr TTM%	9.6%	59.0%	17.8%	27.2%		-7.0%	22.0%
PAT Growth TTMPAT Gr TTM%	-29.5%	74.1%	-2.6%	23.0%		-16.3%	28.7%

FY2026

FY2025

FY2024

FY2022

FY2021

FY2020

FY2026

Sep 26

Result

PPT

Transcript Summary

Jun 26