Indo Tech Transformers FY26 net profit rises 45.2% to ₹9,277 crore
Indo Tech Transformers reported a 45.2% rise in net profit to ₹9,277 crore for FY26, with revenue growing 27.8% to ₹78,208 crore. Q4 net profit stood at ₹2,392 crore. The audited results were approved by the Board on May 20, 2026.

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Indo Tech Transformers reported a 45.2% increase in net profit to ₹9,277 crore for the financial year ended March 31, 2026, driven by higher operational income. Revenue from operations for the year rose 27.8% to ₹78,208 crore from ₹61,178 crore in the previous year. For the quarter ended March 31, 2026, the company recorded a net profit of ₹2,392 crore on revenue of ₹23,899 crore.
The company's total income for FY26 stood at ₹79,251 crore, compared to ₹62,822 crore in the prior year. Total expenses for the year increased to ₹66,881 crore from ₹54,224 crore in FY25. The Board of Directors approved the audited financial results at a meeting held on May 20, 2026.
Financial Performance
The earnings per share (EPS) for the financial year increased to ₹87.36 from ₹60.15 in the previous year. For the quarter ended March 31, 2026, EPS was reported at ₹22.53. The company operates a single business segment focused on the manufacture and sale of transformers.
| Particulars | Year Ended 31-Mar-26 (₹ in lakhs) | Year Ended 31-Mar-25 (₹ in lakhs) |
|---|---|---|
| Revenue from operations | 78,208 | 61,178 |
| Total Income | 79,251 | 62,822 |
| Total Expenses | 66,881 | 54,224 |
| Profit Before Tax | 12,370 | 8,598 |
| Profit After Tax | 9,277 | 6,388 |
| Basic EPS (₹) | 87.36 | 60.15 |
Assets and Liabilities
The total assets of the company as of March 31, 2026, stood at ₹55,456 crore, an increase from ₹43,589 crore in the previous year. Total equity rose to ₹37,371 crore from ₹28,075 crore, while total liabilities increased to ₹18,085 crore from ₹15,514 crore.
| Particulars | As at 31-Mar-26 (₹ in lakhs) | As at 31-Mar-25 (₹ in lakhs) |
|---|---|---|
| Total Non-Current Assets | 10,991 | 7,694 |
| Total Current Assets | 44,465 | 35,895 |
| Total Assets | 55,456 | 43,589 |
| Total Equity | 37,371 | 28,075 |
| Total Liabilities | 18,085 | 15,514 |
Cash Flow and Auditor's Report
Net cash generated from operating activities for the year was ₹5,687 crore, compared to ₹5,530 crore in the previous year. Cash and cash equivalents at the end of the period stood at ₹6,263 crore. The statutory auditors, ASA & Associates LLP, issued an unqualified report on the financial results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for Indo Tech Transformers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.20% | -6.43% | -4.62% | +63.83% | +24.39% | +1,587.62% |
What are the company's capital expenditure plans for FY27 to support the continued growth in revenue?
How will the rising total expenses impact the company's profit margins in the upcoming fiscal year?
What is the outlook for demand in the transformer market, and how might it affect Indo Tech's future performance?


































