Transformers & Rectifiers India Ltd (TARIL)
₹298.30
Mkt cap
₹8,954 Cr
P/E ratio
29.40
P/B
5.41
Div yield
0.08%
ROE
19.10%
ROCE
23.30%
EPS (TTM)
₹10.15
Book value
₹55
52W range
224–484
Sector
Industrials
Price history
Previous close
Transformers and Rectifiers (India) Ltd. is a manufacturer of Power, Furnace and Rectifier Transformers. [1]
NSE TARILBSE 532928
Health check
Mixed
ValuationFair
ProfitabilityStrong
GrowthModerate
TechnicalsBearish
52-week range
−38.36% from high₹298
₹224+33.14% from low₹484
Current
₹298.30
Prev close
₹315.80
Day
−5.54%
Price performance
1D
−5.76%
1W
−2.07%
1M
+9.07%
3M
+1.38%
6M
−8.01%
1Y
−38.27%
YTD
−11.33%
Financials
Revenue, profit & margin
P/E ratio
29.4×
TARIL is 3% below the sector median of 30.2×
TARIL29.4×
Sector median30.2×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 257 | 369 | 513 | 322 | 462 | 559 | 676 | 529 | 460 | 737 | 783 | 572 | 739 | |
| Expenses | 237 | 331 | 441 | 280 | 392 | 475 | 545 | 441 | 409 | 612 | 664 | 479 | 611 | |
| Operating Profit | 20 | 38 | 72 | 42 | 69 | 85 | 131 | 88 | 52 | 125 | 118 | 93 | 129 | |
| OPM % | 8% | 10% | 14% | 13% | 15% | 15% | 19% | 17% | 11% | 17% | 15% | 16% | 17% | |
| Other Income | 1 | 2 | 1 | 4 | 12 | 9 | 10 | 20 | 14 | 4 | 22 | 16 | 3 | |
| Interest | 12 | 13 | 11 | 12 | 10 | 14 | 15 | 10 | 13 | 13 | 14 | 15 | 14 | |
| Depreciation | 6 | 6 | 6 | 7 | 6 | 6 | 7 | 8 | 7 | 8 | 7 | 7 | 7 | |
| Profit before tax | 3 | 21 | 56 | 28 | 64 | 74 | 119 | 90 | 45 | 108 | 119 | 88 | 110 | |
| Tax % | 37% | 24% | 26% | 25% | 28% | 25% | 21% | 25% | 18% | 30% | 24% | 27% | 26% | |
| Net Profit | 2 | 16 | 42 | 21 | 46 | 55 | 94 | 67 | 37 | 76 | 91 | 64 | 81 | |
| EPS in Rs | 0.06 | 0.55 | 1.40 | 0.67 | 1.51 | 1.82 | 3.14 | 2.24 | 1.13 | 2.46 | 2.97 | 2.05 | 2.66 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +14.97% · closed higher next day 1 of last 1
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q2FY26† | Q3FY26† | Q4FY26 | Q1FY27† | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 10 Aug '23◦ | 3 Nov '23 | 22 Jan '24◦ | 8 Apr '24◦ | 19 Jul '24◦ | 8 Oct '24 | 8 Jan '25 | 8 Nov '25 | 8 Jan '26◦ | 21 Apr '26◦ | 20 Jul '26◦ | 13 Oct '26◦ |
| Earnings day | — | — | — | — | — | — | — | — | — | — | — | +14.97% |
| +1 day | — | — | — | — | — | — | — | — | — | — | — | +9.69% |
| +5 days | — | — | — | — | — | — | — | — | — | — | — | +3.45% |
| +15 days | — | — | — | — | — | — | — | — | — | — | — | — |
| +30 days | — | — | — | — | — | — | — | — | — | — | — | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 202664.36%Promoter
Promoters64.36%
FIIs6.98%0.82
DIIs1.19%0.35
Public27.46%1.14
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| A B B | ₹6,413.00 | 88.17 | 1,35,897 | 0.61% | 362 | +8.03% | 3,559 | +21.03% | 29.93% |
| B H E L | ₹387.60 | 46.89 | 1,34,965 | 0.36% | 821 | +118.98% | 9,300 | +23.81% | 9.14% |
| CG Power & Ind | ₹804.00 | 90.61 | 1,26,668 | 0.16% | 409 | +43.71% | 3,802 | +30.07% | 26.71% |
| Hitachi Energy | ₹27,225.00 | 101.87 | 1,21,348 | 0.03% | 294 | +123.52% | 2,494 | +68.62% | 29.36% |
| Siemens | ₹3,303.00 | 78.25 | 1,17,627 | 0.54% | 2,143 | −18.59% | 4,714 | +14.75% | 21.44% |
| GE Vernova T&D | ₹4,020.00 | 69.45 | 1,02,932 | 0.25% | 431 | +44.05% | 2,027 | +31.75% | 77.44% |
| Siemens Ener.Ind | ₹2,803.30 | 65.40 | 99,831 | 0.14% | 441 | +67.83% | 2,486 | +39.28% | 67.75% |
| T R I L | ₹298.30 | 29.41 | 8,954 | 0.08% | 81 | +135.33% | 739 | +60.74% | 23.31% |
| Median: 48 Co. | ₹421.55 | 30.17 | 4,751 | 0.04% | 46 | +28.59% | 466 | +24.96% | 23.51% |
Filings
Annual reports15
Concall transcripts67
TranscriptOct 2026PPTOct 2026RECOct 2026TranscriptJul 2026PPTJul 2026RECJul 2026PPTJun 2026TranscriptApr 2026PPTApr 2026RECApr 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptNov 2025PPTNov 2025RECNov 2025PPTNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptApr 2025PPTApr 2025RECApr 2025TranscriptJan 2025
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Press Release / Media Release 27 Oct - TARIL announces ₹1,250 crore investment in three Chiyada greenfield plants, commercial operationsQ1 FY2027-28.Announcement under Regulation 30 (LODR)-Earnings Call Transcript 21 OctAnnouncement under Regulation 30 (LODR)-Newspaper Publication 14 OctAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 13 Oct - Audio recording of 13 October 2026 earnings call for Q2 and half-year results available online.Announcement under Regulation 30 (LODR)-Press Release / Media Release 13 Oct - Q2FY27 revenue rose 66% YoY to ₹709 crore; PAT up 338%; order book ₹7,237 crore.