Transformers & Rectifiers Share News - Latest Updates, Live News & More

Latest news about Transformers & Rectifiers

Transformers & Rectifiers India Limited Reports Strong Q3FY26 Performance with Strategic HVDC Order Win 1 day ago

Transformers & Rectifiers India Limited delivered exceptional Q3FY26 results with standalone revenue of ₹704.21 crores and EBITDA of ₹114 crores at 16.19% margin, marking significant improvement from Q2FY26. The company secured a strategic HVDC repair order from PowerGrid, becoming the first Indian company to receive such an order. With robust capacity expansion and backward integration plans progressing on schedule, management targets ₹2,600 crores revenue for FY26 and maintains confidence in achieving $1 billion revenue by FY29.

Transformers & Rectifiers Resubmits Complete Consolidated Limited Review Report for Q2FY26 1 day ago

Transformers & Rectifiers faces 31% downside risk as InCred cuts target price despite strong Q3 results 8 days ago

Transformers & Rectifiers Reports Strong Q3FY26 Financial Performance 8 days ago

Transformers & Rectifiers Shares Drop 9% Despite Strong Q3 Performance 8 days ago

More news about Transformers & Rectifiers

09Jan 26

InCred Maintains 'Reduce' Rating on Transformers & Rectifiers with ₹200 Price Target

InCred has maintained its 'Reduce' rating on Transformers & Rectifiers with a price target of ₹200.00. The rating suggests the brokerage expects the electrical equipment manufacturer's stock to underperform relative to market or sector peers, reflecting a cautious outlook on the company's near-term prospects.

09Jan 26

Taril Awaits World Bank Response by January 12, Confident About Market Position Against Chinese Competition

Transformers & Rectifiers (Taril) expects World Bank response by January 12th with resolution in 2-3 weeks. Company remains confident about market position, stating potential Chinese competition won't impact operations due to local manufacturing requirements and time-consuming approval processes for new entrants.

08Jan 26

Transformers & Rectifiers Targets Complete Net Debt Elimination Within 24 Months

Transformers & Rectifiers (Taril) has set an ambitious target to eliminate its net debt completely within 18 to 24 months. This strategic financial initiative aims to strengthen the company's balance sheet and achieve debt-free operations. The debt elimination plan reflects management's commitment to financial discipline and could enhance operational flexibility while reducing interest burden for improved financial stability.

08Jan 26

TARIL Awaits World Bank Response by January 12, Expects Resolution Within 2-3 Weeks

Transformers & Rectifiers (TARIL) expects World Bank response by January 12 with resolution anticipated within 2-3 weeks. The company states that potential Chinese firm market entry would not affect TARIL operations due to mandatory local manufacturing requirements and time-consuming regulatory approval processes for new entrants.

08Jan 26

Taril Targets 200 Basis Points Margin Growth by FY28

Transformers & Rectifiers (Taril) has set an ambitious target of 200 basis points margin growth by FY28 as part of its medium-term strategy. The company's growth plan reflects confidence in operational improvements and enhanced profitability. This strategic initiative demonstrates Taril's commitment to strengthening its financial performance and market position over the coming years.

08Jan 26

Taril Projects At Least 25% Growth For FY26 With 16% Operating Margin Target

Transformers & Rectifiers (Taril) has set ambitious growth targets for FY26, projecting at least 25% growth over FY25 with a 16% operating margin. The company has identified Q4 as crucial for both project execution and new order acquisition, reflecting a strategic approach to sustainable business expansion.

08Jan 26

Transformers & Rectifiers Targets ₹8000 Crore Order Book by FY26 End

Transformers & Rectifiers has announced plans to achieve an order book of ₹8000 crores by the end of FY26, as revealed during recent earnings call discussions. The ambitious target reflects management's confidence in business expansion and market opportunities in the electrical equipment sector.

08Jan 26

Transformers & Rectifiers Q3: Stock Falls 12% Despite Strong Results, CEO Change

Transformers & Rectifiers delivered robust Q3 financial performance with significant revenue and profit growth, but faced stock decline due to leadership transition. The company has disclosed its earnings conference call recording in compliance with regulatory requirements.

02Jan 26

TARIL Shares Jump 8% Following Q3 FY26 Results Schedule Announcement

TARIL shares surged 8.62% to ₹334.30 following the company's announcement of its Q3 FY26 results meeting scheduled for January 8, 2026. The stock traded at 8.09 times its average volume, significantly outperforming the Nifty 50's 0.62% gain. The company recently secured a landmark ₹53.33 crore HVDC converter transformer order from Power Grid Corporation, becoming the first Indian private sector company to receive such an order. Analysts maintain a positive outlook with an average price target of ₹407.50, indicating 22.2% upside potential.

31Dec 25

Transformers & Rectifiers Schedules Board Meeting and Earnings Call for Q3FY26 Results

Transformers & Rectifiers has announced comprehensive arrangements for Q3FY26 financial results review including board meeting and earnings conference call on January 8, 2026. The earnings call will be hosted by Nuvama Wealth Management at 4:00 PM IST featuring Managing Director Satyen Mamtora and Finance Director C.S.S Rajora. Trading window will reopen on January 11, 2026, ensuring regulatory compliance.

15Dec 25

Transformers & Rectifiers Maintains Order Guidance, Targets ₹8000 Crore Order Book by FY26 End

Transformers & Rectifiers has announced its strategic goal to achieve an order book of ₹8000 crores by the end of FY26. The company plans to maintain steady yearly order guidance while pursuing this ambitious target, demonstrating confidence in market opportunities and its ability to secure new business across various segments. This strategy reflects the company's commitment to sustainable growth and expansion in the electrical equipment sector.

25Nov 25

Transformers And Rectifiers Secures ₹389.97 Crore Order From Gujarat Energy Transmission Corporation

Transformers & Rectifiers (India) Ltd has won a significant contract worth ₹389.97 crore from Gujarat Energy Transmission Corporation. The order involves supplying 53 different types of transformers, with delivery expected by the next financial year. This contract represents a major achievement for the company in the power equipment sector, potentially boosting its order book and revenue prospects.

18Nov 25

Transformers & Rectifiers Independent Director Ajay S. Patil Resigns Citing Professional Commitments

Ajay S. Patil has resigned from his position as Independent Director of Transformers & Rectifiers (India) Limited, effective November 12, 2025. The resignation is due to increasing professional and personal commitments. The company confirms that Patil's departure does not affect Board or Committee composition, and they remain compliant with SEBI regulations. Patil also holds positions in Alicon Castalloy Limited as a Non-Executive Independent Director and various committee roles.

17Nov 25

TARIL Reports Q2 FY26 Revenue of INR 460 Crores, Maintains Full-Year Growth Target

Transformers & Rectifiers India Limited (TARIL) reported Q2 FY26 revenue of INR 460.00 crores and EBITDA of INR 65.00 crores. The company faced temporary challenges due to raw material shortages and heavy rainfall. TARIL's order book stands at INR 5,500.00 crores as of September 30, 2025. The company targets 25% full-year revenue growth to reach INR 2,600.00 crores with a 16% EBITDA margin. Expansion projects are underway, including facility expansions and new plants for CTC, RIP bushing, and tank manufacturing. Management remains confident in the company's fundamentals and expects a significant rebound in H2 FY26.

14Nov 25

Transformers And Rectifiers (India) Removed from World Bank's Debarred List, Granted Extension for USD 24.74 Million Order

Transformers & Rectifiers (India) Limited (TARIL) has been removed from the World Bank's list of debarred firms and individuals. The company has been granted an extended deadline until January 12, 2026, to submit its explanation in an ongoing sanctions case involving an order valued at USD 24.74 million. This removal potentially allows TARIL to participate in World Bank-funded projects and expand its global business opportunities.

11Nov 25

Transformers & Rectifiers India Shares Plunge 10% on Weak Q2 Results

Transformers & Rectifiers India Ltd (TRIL) shares hit the lower circuit, falling 10% to Rs 282.20 following disappointing Q2 results. The stock has declined for eight consecutive sessions, losing nearly 40% of its value. Q2 FY2026 saw a 20% drop in consolidated net profit to Rs 37.45 crore, flat revenue at Rs 460.00 crore, and a 19% decrease in EBITDA to Rs 65.44 crore. EBITDA margin contracted by 330 basis points to 13.81%. Despite weak performance, TRIL maintains a robust order book of Rs 5,472 crore with Rs 592 crore Q2 order inflow. The company recently secured a Rs 103.45 crore order from Gujarat Energy Transmission Corporation Limited.

11Nov 25

Transformers & Rectifiers (India) Limited Faces World Bank Debarment, Projects Strong Performance

Transformers & Rectifiers (India) Limited received a Notice of Uncontested Sanctions Proceedings from the World Bank related to a Nigeria Electricity Transmission Project. The company plans to contest the matter, stating it has no material impact on operations. Meanwhile, TARIL secured a new Rs. 103.45 Crore order from Gujarat Energy Transmission Corporation Limited and projects strong financial performance with expected revenue of Rs. 2,600.00 crore and an EBITDA margin of 16%.

11Nov 25

Transformers and Rectifiers Reports Q3FY26 QIP Fund Utilization with No Deviations

Transformers and Rectifiers (India) Limited has submitted its Q3FY26 monitoring agency report confirming no deviation from QIP objectives. The company has utilized ₹2,745.69 million out of ₹5,000 million raised, with remaining funds strategically invested across various instruments. The completion timeline has been revised to July 2026.

10Nov 25

Transformers And Rectifiers (India) Secures ₹103.45 Crore Order from Gujarat Energy Transmission Corporation

Transformers & Rectifiers (India) Limited (TARIL) has received a ₹103.45 crore order from Gujarat Energy Transmission Corporation Limited (GETCO) for supplying 54 various types of transformers. The order is to be delivered in the next financial year. TARIL, the second-largest transformer manufacturer in India by capacity, reported strong financial performance in H1 FY26 with increased revenue, EBITDA, and PAT compared to H1 FY25. The company's unexecuted order book stands at ₹5,472.00 crore, with over ₹18,700.00 crore in inquiries under negotiation.

08Nov 25

Transformers & Rectifiers Reports Q2 FY26 Results, Appoints New Independent Director

Transformers & Rectifiers announced Q2 FY26 results with consolidated revenue up 43% YoY to ₹460.03 crore, but net profit down to ₹339.1 million. H1 FY26 PAT improved to ₹76.95 crore. The company maintains an order book of ₹5,472 crore. Board appointed Mr. Ajay Shriram Patil as Independent Director and elevated Dr. Chanchal S.S. Rajora to Director Finance. 26,32,968 employee stock options were granted under TARIL ESOP 2024.

27Oct 25

TARIL Clarifies Transformer Issue with TGV SRAAC Limited, Emphasizes Prompt Service

Transformers & Rectifiers (India) Limited (TARIL) has issued a clarification regarding a transformer problem reported by TGV SRAAC Limited. The transformer, supplied in August 2015 with an 18-month warranty, operated without issues for nearly 10 years before a problem was reported on October 11, 2025. TARIL promptly sent an engineer to the site and submitted a rectification offer on October 13, 2025. The company is awaiting TGV's response to the quote. TARIL emphasized its 'Service First Policy' and stated that the event is not considered material under SEBI regulations.

06Aug 25

Transformers & Rectifiers India Reports No Deviation in QIP Fund Utilization for Q1

Transformers & Rectifiers (India) Limited raised INR 5,000 crore through a QIP, issuing 75,18,796 shares at INR 665 each. As of June 30, INR 1,939.90 crore has been utilized, with INR 3,060.10 crore remaining. Funds are allocated for business expansion, working capital, debt repayment, and inorganic growth. Issue expenses exceeded the plan by INR 29.93 crore. Implementation delays have pushed the completion date to July 2026. Unutilized funds are temporarily invested in various instruments.

04Aug 25

Transformers and Rectifiers India Reports 64% Revenue Growth in Q1, Secures Largest Export Order

Transformers & Rectifiers India Limited (TRIL) reported impressive Q1 results with 64% YoY revenue growth to INR 510.00 crores, 127% EBITDA increase to INR 97.00 crores, and 227% PAT surge to INR 60.00 crores. The company secured its largest export order of USD 16.60 million from Botswana. TRIL's order book stands at INR 5,246.00 crores, with plans to expand manufacturing capacity by 22,000 MVA. Management aims for USD 1.00 billion revenue in the next three years and expects to close the fiscal year with an order book of INR 5,000.00-5,500.00 crores.

04Aug 25

Transformers & Rectifiers Sets Ambitious $1 Billion Revenue Target for Next Three Years

Transformers & Rectifiers (India) Limited has announced a strategic growth plan targeting $1 billion in revenue within three years. The company aims for 17-18% EBITDA margins and projects an unexecuted order book of Rs 5,000-5,500 crore by next year-end. Capacity utilization is expected to improve to 85-90% this year, up from 65% previously. Export revenue is anticipated to maintain a 10% contribution to total revenue.

01Aug 25

Transformers & Rectifiers Sets Ambitious $1 Billion Revenue Target Amid Strong Q1 Performance

Transformers & Rectifiers (India) Limited (TARIL) has set a goal to achieve $1 billion in revenue within the next three financial years. The company reported strong Q1 FY26 results with revenue up 64% to ₹510.53 crore, EBITDA up 127% to ₹96.70 crore, and PAT up 227% to ₹60.20 crore. TARIL is expanding capacity at its Moraiya facility, undertaking backward integration, and increasing CRGO processing capacity. The company has an unexecuted order book of ₹5,246 crore and inquiries worth over ₹18,000 crore under negotiation.

01Aug 25

Transformers & Rectifiers India Reports Strong Q1 FY26 Results, On Track for $1 Billion Revenue Goal

Transformers & Rectifiers (India) Limited (TARIL) reported impressive Q1 FY26 results with 64% YoY revenue growth to ₹529.33 crore. EBITDA increased by 134.75% to ₹108.50 crore, and PAT grew by 222.95% to ₹67.41 crore. The company's order book stands at ₹5,246 crore with new inflows of ₹665 crore. TARIL is expanding capacity, focusing on backward integration, and has received notable awards and orders. Management confirms they are on track to achieve their $1 billion revenue target over the next three financial years.

01Aug 25

Transformers & Rectifiers Sets Sights on $1 Billion Revenue, Reports Strong Q1 Performance

Transformers & Rectifiers (India) Ltd (TARIL) aims to achieve $1 billion in revenue within the next three financial years. The company reported impressive Q1 FY26 results with revenue up 64% to ₹510.53 crore, EBITDA up 127% to ₹96.70 crore, and PAT up 227% to ₹60.20 crore. TARIL has an unexecuted order book of ₹5,246 crore and inquiries worth over ₹18,000 crore. The company is expanding its Moraiya facility, CRGO processing unit, and constructing backward integration units to support growth.

01Aug 25

Transformers and Rectifiers (India) Reports 224% Jump in Quarterly Profit to Rs 67.46 Crore

Transformers & Rectifiers (India) Ltd has reported a significant increase in its financial performance for Q1 ended June 30. The company's consolidated net profit rose by 224% to Rs 67.46 crore, up from Rs 20.83 crore in the same period last year. Revenue from operations grew by 64% to Rs 529.33 crore. On a standalone basis, the company's profit increased to Rs 60.15 crore from Rs 18.37 crore, with revenue rising to Rs 510.53 crore from Rs 311.59 crore year-on-year.

11Apr 25

Transformers & Rectifiers (India) Surges on Exceptional Q4 Performance and Robust Order Book

Transformers & Rectifiers (India) Limited (TARIL) reported impressive Q4 and FY25 financial results. Q4 net profit increased by 136% YoY to ₹94.20 crore, with revenue up 33% to ₹683.42 crore. FY25 net profit surged 360% to ₹216.44 crore. EBITDA margin expanded to 19.40%. The company's order book stands at ₹5,132.00 crore, with a target of ₹8,000.00 crore by FY26. TARIL's stock has risen 15,000% over five years. The company announced its 31st AGM for May 13, 2025, with a dividend record date of May 9, 2024.

09Apr 25

Transformers and Rectifiers India Ltd Reports Stellar Q4FY25 Performance with 125% Profit Surge

TARIL reported strong Q4FY25 results with revenue up 32% to ₹676.48 crore and net profit more than doubling to ₹94.20 crore. For FY25, revenue grew 56% to ₹2,019.38 crore, while net profit surged 357% to ₹216.44 crore. The company completed a 51% stake acquisition in Triveni Transtech, recommended a ₹0.20 per share dividend, and issued 1:1 bonus shares. EBITDA margin expanded to 20.22% in Q4FY25, and EPS increased to ₹3.17.

08Apr 25

Transformers & Rectifiers (India) Ltd Achieves Record Revenue and Profit in FY25

TARIL reported a 56% annual revenue growth to ₹2,019.00 crore in FY25, exceeding its ₹2,000.00 crore guidance. Net profit surged 357% to ₹217.00 crore. Q4 revenue reached ₹676.00 crore, up 32% year-on-year. The company's order book stands at ₹5,132.00 crore as of March 31, 2025. TARIL announced expansion plans, including new capacity additions and backward integration initiatives. A final dividend of ₹0.20 per equity share was recommended for FY25.

17Mar 25

Transformers And Rectifiers India Secures ₹726 Crore Order, Shares Surge Over 8%

Transformers And Rectifiers India Ltd (TARIL) has won a ₹726 crore order from Gujarat Energy Transmission Corporation Limited (GETCO) for supplying Auto Transformers and Bus Reactors. The project has an 18-month execution timeline. Following the announcement, TARIL's stock price surged over 8%, reflecting positive investor sentiment. The company, with three manufacturing plants near Ahmedabad and about 1,200 employees, is positioned as the second-largest transformer manufacturer in India by capacity.

03Mar 25

Transformers and Rectifiers (India) Ltd Secures ₹350 Crore in Domestic and Export Orders, Including ₹272 Crore from Adani Group

Transformers and Rectifiers (India) Ltd (TARIL) has received new orders totaling ₹350 crore. This includes a major domestic order of ₹272 crore from the Adani Group for transformers and reactors, and export orders worth ₹78 crore from Al Sabha Group, Iraq and Powerlink Queensland, Australia. All orders are scheduled for delivery by the next financial year. TARIL, India's second-largest transformer manufacturer, operates three plants near Ahmedabad and employs about 1,200 people.

20Feb 25

Transformers & Rectifiers India Shares Surge on ₹166 Crore Order Win

Transformers & Rectifiers India Ltd. (T&R) stock reached ₹405 per share, hitting the 5% upper circuit for the second consecutive day. The surge follows a new ₹166.45 crore order from Hyosung T&D India for transformer supply, adding to a ₹362 crore order received in January. T&R's Q3FY25 results show significant growth with revenue up 52% to ₹559 crore and net profit soaring 243% to ₹55 crore year-over-year.