Star Delta Transformers Limited has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The Bhopal-based electrical transformer manufacturer reported strong revenue growth in the third quarter of FY26, driven primarily by its core transformer manufacturing business.

Financial Performance Overview

The company's financial performance for Q3FY26 showed robust revenue growth with some moderation in profitability compared to the previous quarter.

Nine-Month Performance

For the nine-month period ended December 31, 2025, Star Delta Transformers demonstrated consistent growth across key financial metrics.

Expense Analysis

The company's total expenses for Q3FY26 increased to ₹4979.25 lacs from ₹2984.13 lacs in the corresponding quarter of the previous year. Key expense components included:

• Cost of Materials Consumed: ₹3915.39 lacs (Q3FY26) vs ₹2644.73 lacs (Q3FY25)
• Employee Benefit Expense: ₹80.16 lacs vs ₹112.50 lacs
• Other Expenses: ₹582.41 lacs vs ₹338.01 lacs
• Finance Costs: ₹40.18 lacs vs ₹30.17 lacs

Segment Performance

Star Delta Transformers operates in two primary business segments: manufacturing of electrical transformers and production and supply of solar power. The transformer segment dominated revenue generation:

The transformer segment also contributed ₹390.81 lacs in segment profit before tax and finance costs for Q3FY26, while the solar power segment reported nil contribution.

Balance Sheet Highlights

The company maintained a stable capital structure with paid-up equity share capital of ₹300.02 lacs (face value ₹10 per share). Other equity increased to ₹9108.80 lacs as of December 31, 2025, compared to ₹7827.73 lacs in the previous year, reflecting retained earnings growth.

Board Approval and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 7, 2026. The results comply with Indian Accounting Standards (Ind-AS) and have been subjected to limited review by the company's statutory auditors, who expressed an unmodified review opinion.

Star Delta Transformers Limited , a prominent manufacturer of transformers, has announced a significant milestone in its order book, showcasing the company's strong market position and growth potential.

Substantial Order Book

Star Delta Transformers Limited has reported an unexecuted order book valued at approximately Rs. 236.69 Crores, inclusive of GST. This substantial figure underscores the company's robust demand and market presence in the transformer manufacturing sector.

Business as Usual

The company has clarified that these orders are part of its normal business operations. Importantly, Star Delta Transformers has confirmed that none of the orders involve related party transactions, emphasizing the company's commitment to transparent and arms-length business practices.

Quality Focus

Star Delta Transformers positions itself as a leading manufacturer of transformers, with a strong emphasis on delivering high-quality products and services. This focus on quality has likely contributed to the company's ability to secure a significant order book.

Regulatory Compliance

In adherence to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Star Delta Transformers has officially informed the BSE Limited about its current order book status. This disclosure aligns with the company's commitment to keeping shareholders and the market informed about material developments.

Management Statement

Kishore Gupta, Chairman and Managing Director of Star Delta Transformers Limited, signed off on the regulatory filing, reinforcing the company's dedication to transparency and corporate governance.

With its registered office in Bhopal, Madhya Pradesh, Star Delta Transformers Limited continues to strengthen its position in the transformer manufacturing industry. The substantial order book not only reflects the company's current market strength but also suggests a positive outlook for its near-term business performance.