Share Price and Basic Stock Data
Last Updated: October 18, 2025, 6:59 pm
| PEG Ratio | 0.75 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Transformers & Rectifiers India Ltd (TRIL) operates in the power transmission and equipment sector, having reported sales of ₹1,396 Cr for the fiscal year ending March 2023. This figure represents an increase from ₹1,158 Cr in the previous year, highlighting a robust growth trajectory. However, sales are projected to decline to ₹1,291 Cr in FY 2024 before significantly rebounding to ₹2,017 Cr in FY 2025. The quarterly sales figures illustrate fluctuations, with a notable dip to ₹156 Cr in June 2023, followed by a recovery to ₹513 Cr by March 2024. The company’s operating profit margin (OPM) stood at 9% for FY 2023, indicating a healthy operational efficiency despite varied quarterly performance. The company’s ability to navigate market conditions will be crucial as it aims to stabilize and enhance revenue generation. The reported operating profits for FY 2025 are expected to reach ₹327 Cr, suggesting improved profitability metrics moving forward.
Profitability and Efficiency Metrics
TRIL’s profitability metrics reflect a mixed performance, with a net profit of ₹216 Cr for FY 2025, a significant increase from ₹42 Cr in FY 2023. This improvement is underscored by a rise in earnings per share (EPS) from ₹1.54 in FY 2023 to ₹7.14 in FY 2025. The return on equity (ROE) was reported at 23.4%, while the return on capital employed (ROCE) reached 28%, indicating efficient use of capital. However, the company faced challenges in maintaining consistent operating profit margins, which fluctuated from 3% in June 2023 to a high of 19% in March 2025. The interest coverage ratio (ICR) of 7.10x demonstrates strong financial health, allowing TRIL to comfortably meet its interest obligations. The cash conversion cycle, currently at 94 days, indicates that the company effectively manages its working capital, which is essential for sustaining profitability amid changing market dynamics.
Balance Sheet Strength and Financial Ratios
TRIL’s balance sheet reveals a solid foundation, with total assets reported at ₹2,187 Cr against total liabilities of ₹1,170 Cr, resulting in a debt-to-equity ratio of 0.22. The company’s borrowings stood at ₹283 Cr, indicating a conservative financing strategy compared to its growing reserves of ₹1,222 Cr. This level of reserves provides a buffer against market volatility and supports future growth initiatives. The price-to-book value ratio (P/BV) of 12.85x suggests that the market has high expectations for TRIL’s future growth potential, although it may also indicate overvaluation in the context of sector averages. Liquidity ratios such as the current ratio of 1.74 and quick ratio of 1.19 demonstrate the company’s ability to meet short-term obligations, reinforcing its financial stability. Overall, TRIL’s balance sheet metrics showcase a prudent approach to leveraging debt while maintaining a strong reserve position.
Shareholding Pattern and Investor Confidence
As of March 2025, the shareholding pattern of TRIL indicates a significant level of promoter ownership at 64.36%, which aligns with a commitment to the company’s long-term growth. Foreign institutional investors (FIIs) have increased their stake to 10.94%, while domestic institutional investors (DIIs) hold 6.04%. The public shareholding stands at 18.67%, reflecting a diversified investor base. Notably, the number of shareholders rose to 181,103, illustrating growing investor interest and confidence in TRIL’s prospects. The gradual decline in promoter holding from 74.91% in September 2022 to the current level may raise concerns about dilution, yet it could also signal a strategic move to attract institutional investments. This evolving shareholding structure may enhance liquidity and marketability, making TRIL an appealing option for a broader range of investors in the competitive power equipment sector.
Outlook, Risks, and Final Insight
If TRIL maintains its momentum in revenue and profitability, it could further solidify its position in the power transmission sector. The company faces risks such as potential fluctuations in raw material costs and market competition, which could impact margins and pricing strategies. Additionally, the cyclical nature of the power sector may pose challenges in sustaining growth across economic cycles. However, if the company effectively manages operational efficiencies and leverages its strong balance sheet, it stands to benefit from increasing demand for power infrastructure. The ongoing investment in renewable energy projects and government initiatives to enhance power transmission capabilities could provide TRIL with growth opportunities. Ultimately, the ability to navigate these risks while capitalizing on market trends will be crucial for TRIL’s sustained success and shareholder value creation.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Transformers & Rectifiers India Ltd (TRIL)
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Bajel Projects Ltd | 2,202 Cr. | 190 | 308/145 | 166 | 50.6 | 0.00 % | 12.9 % | 2.68 % | 2.00 |
| Aartech Solonics Ltd | 183 Cr. | 57.4 | 106/49.8 | 69.1 | 9.90 | 0.22 % | 5.64 % | 8.23 % | 5.00 |
| Voltamp Transformers Ltd | 7,186 Cr. | 7,103 | 13,464/5,900 | 22.1 | 1,569 | 1.41 % | 29.1 % | 21.7 % | 10.0 |
| Transformers & Rectifiers India Ltd (TRIL) | 14,533 Cr. | 484 | 650/355 | 56.1 | 41.7 | 0.04 % | 28.0 % | 23.4 % | 1.00 |
| Power Grid Corporation of India Ltd | 2,69,485 Cr. | 290 | 345/247 | 17.5 | 99.6 | 3.11 % | 12.8 % | 17.0 % | 10.0 |
| Industry Average | 39,942.38 Cr | 1,334.28 | 53.84 | 280.07 | 0.68% | 18.23% | 15.50% | 5.25 |
All Competitor Stocks of Transformers & Rectifiers India Ltd (TRIL)
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 300 | 325 | 332 | 438 | 156 | 257 | 369 | 513 | 322 | 462 | 559 | 676 | 529 |
| Expenses | 278 | 291 | 300 | 406 | 151 | 237 | 331 | 441 | 280 | 392 | 475 | 545 | 441 |
| Operating Profit | 23 | 34 | 31 | 33 | 4 | 20 | 38 | 72 | 42 | 69 | 85 | 131 | 88 |
| OPM % | 8% | 10% | 9% | 7% | 3% | 8% | 10% | 14% | 13% | 15% | 15% | 19% | 17% |
| Other Income | 2 | 2 | 4 | 1 | 1 | 1 | 2 | 1 | 4 | 12 | 9 | 10 | 20 |
| Interest | 10 | 13 | 12 | 12 | 15 | 12 | 13 | 11 | 12 | 10 | 14 | 15 | 10 |
| Depreciation | 4 | 4 | 9 | 7 | 6 | 6 | 6 | 6 | 7 | 6 | 6 | 7 | 8 |
| Profit before tax | 10 | 18 | 14 | 15 | -15 | 3 | 21 | 56 | 28 | 64 | 74 | 119 | 90 |
| Tax % | 36% | 34% | -2% | 35% | -20% | 37% | 24% | 26% | 25% | 28% | 25% | 21% | 25% |
| Net Profit | 6 | 12 | 14 | 10 | -12 | 2 | 16 | 42 | 21 | 46 | 55 | 94 | 67 |
| EPS in Rs | 0.24 | 0.43 | 0.52 | 0.34 | -0.48 | 0.06 | 0.55 | 1.40 | 0.67 | 1.51 | 1.82 | 3.14 | 2.24 |
Last Updated: August 12, 2025, 2:41 pm
Below is a detailed analysis of the quarterly data for Transformers & Rectifiers India Ltd (TRIL) based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 529.00 Cr.. The value appears to be declining and may need further review. It has decreased from 676.00 Cr. (Mar 2025) to 529.00 Cr., marking a decrease of 147.00 Cr..
- For Expenses, as of Jun 2025, the value is 441.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 545.00 Cr. (Mar 2025) to 441.00 Cr., marking a decrease of 104.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 88.00 Cr.. The value appears to be declining and may need further review. It has decreased from 131.00 Cr. (Mar 2025) to 88.00 Cr., marking a decrease of 43.00 Cr..
- For OPM %, as of Jun 2025, the value is 17.00%. The value appears to be declining and may need further review. It has decreased from 19.00% (Mar 2025) to 17.00%, marking a decrease of 2.00%.
- For Other Income, as of Jun 2025, the value is 20.00 Cr.. The value appears strong and on an upward trend. It has increased from 10.00 Cr. (Mar 2025) to 20.00 Cr., marking an increase of 10.00 Cr..
- For Interest, as of Jun 2025, the value is 10.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 15.00 Cr. (Mar 2025) to 10.00 Cr., marking a decrease of 5.00 Cr..
- For Depreciation, as of Jun 2025, the value is 8.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7.00 Cr. (Mar 2025) to 8.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 90.00 Cr.. The value appears to be declining and may need further review. It has decreased from 119.00 Cr. (Mar 2025) to 90.00 Cr., marking a decrease of 29.00 Cr..
- For Tax %, as of Jun 2025, the value is 25.00%. The value appears to be increasing, which may not be favorable. It has increased from 21.00% (Mar 2025) to 25.00%, marking an increase of 4.00%.
- For Net Profit, as of Jun 2025, the value is 67.00 Cr.. The value appears to be declining and may need further review. It has decreased from 94.00 Cr. (Mar 2025) to 67.00 Cr., marking a decrease of 27.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 2.24. The value appears to be declining and may need further review. It has decreased from 3.14 (Mar 2025) to 2.24, marking a decrease of 0.90.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 12, 2025, 2:41 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 732 | 553 | 657 | 821 | 716 | 855 | 701 | 742 | 1,158 | 1,396 | 1,291 | 2,017 | 2,227 |
| Expenses | 690 | 523 | 618 | 733 | 650 | 794 | 649 | 673 | 1,084 | 1,275 | 1,157 | 1,689 | 1,853 |
| Operating Profit | 42 | 31 | 38 | 87 | 65 | 61 | 51 | 69 | 74 | 121 | 134 | 327 | 373 |
| OPM % | 6% | 6% | 6% | 11% | 9% | 7% | 7% | 9% | 6% | 9% | 10% | 16% | 17% |
| Other Income | 4 | 3 | 4 | 6 | 6 | 12 | 16 | 9 | 10 | 9 | 6 | 35 | 51 |
| Interest | 26 | 32 | 38 | 42 | 44 | 46 | 46 | 46 | 44 | 48 | 51 | 51 | 49 |
| Depreciation | 10 | 13 | 15 | 15 | 16 | 19 | 20 | 19 | 17 | 25 | 25 | 27 | 28 |
| Profit before tax | 9 | -11 | -10 | 36 | 11 | 9 | 2 | 13 | 23 | 57 | 64 | 285 | 348 |
| Tax % | 35% | -34% | -32% | 34% | 41% | 41% | 44% | 39% | 39% | 26% | 27% | 24% | |
| Net Profit | 5 | -8 | -7 | 24 | 6 | 5 | 1 | 8 | 14 | 42 | 47 | 216 | 263 |
| EPS in Rs | 0.20 | -0.30 | -0.28 | 0.88 | 0.20 | 0.17 | 0.02 | 0.27 | 0.53 | 1.54 | 1.56 | 7.14 | 8.71 |
| Dividend Payout % | 23% | 0% | 0% | 0% | 0% | 0% | 0% | 19% | 14% | 5% | 6% | 3% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -260.00% | 12.50% | 442.86% | -75.00% | -16.67% | -80.00% | 700.00% | 75.00% | 200.00% | 11.90% | 359.57% |
| Change in YoY Net Profit Growth (%) | 0.00% | 272.50% | 430.36% | -517.86% | 58.33% | -63.33% | 780.00% | -625.00% | 125.00% | -188.10% | 347.67% |
Transformers & Rectifiers India Ltd (TRIL) has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 24% |
| 3 Years: | 20% |
| TTM: | 52% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 40% |
| 5 Years: | 251% |
| 3 Years: | 148% |
| TTM: | 235% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 51% |
| 5 Years: | 151% |
| 3 Years: | 193% |
| 1 Year: | 37% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 13% |
| 3 Years: | 17% |
| Last Year: | 23% |
Last Updated: September 5, 2025, 1:46 pm
Balance Sheet
Last Updated: September 10, 2025, 2:42 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 14 | 30 |
| Reserves | 330 | 321 | 313 | 312 | 317 | 322 | 323 | 330 | 343 | 381 | 540 | 1,222 |
| Borrowings | 170 | 157 | 164 | 209 | 399 | 263 | 308 | 263 | 325 | 330 | 256 | 283 |
| Other Liabilities | 294 | 232 | 299 | 341 | 358 | 281 | 289 | 319 | 428 | 463 | 360 | 652 |
| Total Liabilities | 807 | 723 | 789 | 876 | 1,088 | 880 | 933 | 925 | 1,109 | 1,187 | 1,170 | 2,187 |
| Fixed Assets | 155 | 192 | 185 | 187 | 195 | 201 | 193 | 181 | 168 | 153 | 144 | 251 |
| CWIP | 26 | 11 | 11 | 6 | 12 | 3 | 2 | 0 | 3 | 3 | 5 | 62 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 4 | 268 |
| Other Assets | 626 | 519 | 592 | 682 | 881 | 676 | 738 | 744 | 936 | 1,030 | 1,017 | 1,605 |
| Total Assets | 807 | 723 | 789 | 876 | 1,088 | 880 | 933 | 925 | 1,109 | 1,187 | 1,170 | 2,187 |
Below is a detailed analysis of the balance sheet data for Transformers & Rectifiers India Ltd (TRIL) based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 30.00 Cr.. The value appears strong and on an upward trend. It has increased from 14.00 Cr. (Mar 2024) to 30.00 Cr., marking an increase of 16.00 Cr..
- For Reserves, as of Mar 2025, the value is 1,222.00 Cr.. The value appears strong and on an upward trend. It has increased from 540.00 Cr. (Mar 2024) to 1,222.00 Cr., marking an increase of 682.00 Cr..
- For Borrowings, as of Mar 2025, the value is 283.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 256.00 Cr. (Mar 2024) to 283.00 Cr., marking an increase of 27.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 652.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 360.00 Cr. (Mar 2024) to 652.00 Cr., marking an increase of 292.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 2,187.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,170.00 Cr. (Mar 2024) to 2,187.00 Cr., marking an increase of 1,017.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 251.00 Cr.. The value appears strong and on an upward trend. It has increased from 144.00 Cr. (Mar 2024) to 251.00 Cr., marking an increase of 107.00 Cr..
- For CWIP, as of Mar 2025, the value is 62.00 Cr.. The value appears strong and on an upward trend. It has increased from 5.00 Cr. (Mar 2024) to 62.00 Cr., marking an increase of 57.00 Cr..
- For Investments, as of Mar 2025, the value is 268.00 Cr.. The value appears strong and on an upward trend. It has increased from 4.00 Cr. (Mar 2024) to 268.00 Cr., marking an increase of 264.00 Cr..
- For Other Assets, as of Mar 2025, the value is 1,605.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,017.00 Cr. (Mar 2024) to 1,605.00 Cr., marking an increase of 588.00 Cr..
- For Total Assets, as of Mar 2025, the value is 2,187.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,170.00 Cr. (Mar 2024) to 2,187.00 Cr., marking an increase of 1,017.00 Cr..
Notably, the Reserves (1,222.00 Cr.) exceed the Borrowings (283.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -128.00 | -126.00 | -126.00 | -122.00 | -334.00 | -202.00 | -257.00 | -194.00 | -251.00 | -209.00 | -122.00 | 44.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 191 | 158 | 171 | 166 | 256 | 161 | 218 | 205 | 164 | 166 | 174 | 85 |
| Inventory Days | 78 | 147 | 155 | 120 | 182 | 109 | 153 | 147 | 104 | 93 | 109 | 118 |
| Days Payable | 136 | 160 | 209 | 149 | 203 | 114 | 161 | 179 | 129 | 118 | 95 | 109 |
| Cash Conversion Cycle | 134 | 145 | 117 | 138 | 235 | 156 | 210 | 173 | 139 | 141 | 188 | 94 |
| Working Capital Days | 91 | 76 | 77 | 63 | 57 | 55 | 73 | 94 | 60 | 68 | 119 | 34 |
| ROCE % | 7% | 4% | 6% | 15% | 9% | 8% | 8% | 9% | 10% | 15% | 15% | 28% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HSBC Midcap Fund | 3,698,488 | 1.49 | 180.87 | N/A | N/A | N/A |
| HSBC Large & Mid Cap Fund | 2,209,598 | 2.48 | 108.06 | 738,500 | 2025-08-12 12:29:25 | 199.2% |
| HSBC Aggressive Hybrid Fund | 1,476,284 | 1.3 | 72.2 | N/A | N/A | N/A |
| HSBC ELSS Tax saver Fund | 1,092,700 | 1.26 | 53.44 | 667,000 | 2025-08-12 12:29:25 | 63.82% |
| Aditya Birla Sun Life Small Cap Fund | 1,034,762 | 0.99 | 50.61 | N/A | N/A | N/A |
| HSBC Flexi Cap Fund | 1,009,532 | 0.96 | 49.37 | N/A | N/A | N/A |
| Invesco India Infrastructure Fund | 446,386 | 1.36 | 21.83 | N/A | N/A | N/A |
| HSBC Infrastructure Fund | 370,200 | 0.73 | 18.1 | N/A | N/A | N/A |
| HSBC Equity Savings Fund | 131,202 | 0.99 | 6.42 | 130,000 | 2025-08-12 12:29:25 | 0.92% |
| Nippon India Nifty Smallcap 250 Index Fund | 130,872 | 0.26 | 6.4 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 7.21 | 3.24 | 3.07 | 1.06 | 0.53 |
| Diluted EPS (Rs.) | 7.21 | 3.24 | 3.07 | 1.06 | 0.53 |
| Cash EPS (Rs.) | 8.11 | 5.03 | 5.04 | 2.36 | 2.04 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 41.71 | 39.49 | 30.24 | 27.40 | 26.41 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 41.71 | 39.49 | 30.24 | 27.40 | 26.41 |
| Revenue From Operations / Share (Rs.) | 67.28 | 90.81 | 104.16 | 87.38 | 55.98 |
| PBDIT / Share (Rs.) | 11.97 | 9.81 | 9.77 | 6.33 | 5.89 |
| PBIT / Share (Rs.) | 11.07 | 8.08 | 7.92 | 5.05 | 4.43 |
| PBT / Share (Rs.) | 9.49 | 4.52 | 4.30 | 1.76 | 0.94 |
| Net Profit / Share (Rs.) | 7.21 | 3.30 | 3.19 | 1.08 | 0.57 |
| NP After MI And SOA / Share (Rs.) | 7.14 | 3.12 | 3.07 | 1.06 | 0.53 |
| PBDIT Margin (%) | 17.78 | 10.80 | 9.38 | 7.24 | 10.52 |
| PBIT Margin (%) | 16.45 | 8.89 | 7.60 | 5.77 | 7.91 |
| PBT Margin (%) | 14.10 | 4.97 | 4.13 | 2.01 | 1.68 |
| Net Profit Margin (%) | 10.71 | 3.63 | 3.06 | 1.23 | 1.03 |
| NP After MI And SOA Margin (%) | 10.61 | 3.43 | 2.94 | 1.20 | 0.95 |
| Return on Networth / Equity (%) | 17.11 | 8.02 | 10.35 | 3.92 | 2.05 |
| Return on Capital Employeed (%) | 24.00 | 18.31 | 21.97 | 15.28 | 13.61 |
| Return On Assets (%) | 9.80 | 3.80 | 3.43 | 1.26 | 0.76 |
| Long Term Debt / Equity (X) | 0.06 | 0.09 | 0.16 | 0.15 | 0.19 |
| Total Debt / Equity (X) | 0.22 | 0.46 | 0.83 | 0.90 | 0.71 |
| Asset Turnover Ratio (%) | 1.20 | 1.10 | 1.20 | 1.12 | 0.79 |
| Current Ratio (X) | 1.74 | 1.83 | 1.40 | 1.35 | 1.44 |
| Quick Ratio (X) | 1.19 | 1.32 | 1.01 | 0.96 | 0.99 |
| Inventory Turnover Ratio (X) | 3.96 | 3.28 | 3.73 | 4.24 | 2.63 |
| Dividend Payout Ratio (NP) (%) | 1.33 | 4.46 | 4.88 | 2.37 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 1.18 | 2.87 | 3.04 | 1.07 | 0.00 |
| Earning Retention Ratio (%) | 98.67 | 95.54 | 95.12 | 97.63 | 0.00 |
| Cash Earning Retention Ratio (%) | 98.82 | 97.13 | 96.96 | 98.93 | 0.00 |
| Interest Coverage Ratio (X) | 7.10 | 2.75 | 2.70 | 1.92 | 1.69 |
| Interest Coverage Ratio (Post Tax) (X) | 5.21 | 1.93 | 1.88 | 1.33 | 1.17 |
| Enterprise Value (Cr.) | 16218.97 | 5879.03 | 1074.92 | 720.44 | 443.51 |
| EV / Net Operating Revenue (X) | 8.03 | 4.54 | 0.77 | 0.62 | 0.59 |
| EV / EBITDA (X) | 45.16 | 42.02 | 8.30 | 8.59 | 5.68 |
| MarketCap / Net Operating Revenue (X) | 7.97 | 4.36 | 0.55 | 0.37 | 0.29 |
| Retention Ratios (%) | 98.66 | 95.53 | 95.11 | 97.62 | 0.00 |
| Price / BV (X) | 12.85 | 10.18 | 1.93 | 1.23 | 0.63 |
| Price / Net Operating Revenue (X) | 7.97 | 4.36 | 0.55 | 0.37 | 0.29 |
| EarningsYield | 0.01 | 0.01 | 0.05 | 0.03 | 0.03 |
After reviewing the key financial ratios for Transformers & Rectifiers India Ltd (TRIL), here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 7.21. This value is within the healthy range. It has increased from 3.24 (Mar 24) to 7.21, marking an increase of 3.97.
- For Diluted EPS (Rs.), as of Mar 25, the value is 7.21. This value is within the healthy range. It has increased from 3.24 (Mar 24) to 7.21, marking an increase of 3.97.
- For Cash EPS (Rs.), as of Mar 25, the value is 8.11. This value is within the healthy range. It has increased from 5.03 (Mar 24) to 8.11, marking an increase of 3.08.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 41.71. It has increased from 39.49 (Mar 24) to 41.71, marking an increase of 2.22.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 41.71. It has increased from 39.49 (Mar 24) to 41.71, marking an increase of 2.22.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 67.28. It has decreased from 90.81 (Mar 24) to 67.28, marking a decrease of 23.53.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 11.97. This value is within the healthy range. It has increased from 9.81 (Mar 24) to 11.97, marking an increase of 2.16.
- For PBIT / Share (Rs.), as of Mar 25, the value is 11.07. This value is within the healthy range. It has increased from 8.08 (Mar 24) to 11.07, marking an increase of 2.99.
- For PBT / Share (Rs.), as of Mar 25, the value is 9.49. This value is within the healthy range. It has increased from 4.52 (Mar 24) to 9.49, marking an increase of 4.97.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 7.21. This value is within the healthy range. It has increased from 3.30 (Mar 24) to 7.21, marking an increase of 3.91.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 7.14. This value is within the healthy range. It has increased from 3.12 (Mar 24) to 7.14, marking an increase of 4.02.
- For PBDIT Margin (%), as of Mar 25, the value is 17.78. This value is within the healthy range. It has increased from 10.80 (Mar 24) to 17.78, marking an increase of 6.98.
- For PBIT Margin (%), as of Mar 25, the value is 16.45. This value is within the healthy range. It has increased from 8.89 (Mar 24) to 16.45, marking an increase of 7.56.
- For PBT Margin (%), as of Mar 25, the value is 14.10. This value is within the healthy range. It has increased from 4.97 (Mar 24) to 14.10, marking an increase of 9.13.
- For Net Profit Margin (%), as of Mar 25, the value is 10.71. This value exceeds the healthy maximum of 10. It has increased from 3.63 (Mar 24) to 10.71, marking an increase of 7.08.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 10.61. This value is within the healthy range. It has increased from 3.43 (Mar 24) to 10.61, marking an increase of 7.18.
- For Return on Networth / Equity (%), as of Mar 25, the value is 17.11. This value is within the healthy range. It has increased from 8.02 (Mar 24) to 17.11, marking an increase of 9.09.
- For Return on Capital Employeed (%), as of Mar 25, the value is 24.00. This value is within the healthy range. It has increased from 18.31 (Mar 24) to 24.00, marking an increase of 5.69.
- For Return On Assets (%), as of Mar 25, the value is 9.80. This value is within the healthy range. It has increased from 3.80 (Mar 24) to 9.80, marking an increase of 6.00.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.06. This value is below the healthy minimum of 0.2. It has decreased from 0.09 (Mar 24) to 0.06, marking a decrease of 0.03.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.22. This value is within the healthy range. It has decreased from 0.46 (Mar 24) to 0.22, marking a decrease of 0.24.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.20. It has increased from 1.10 (Mar 24) to 1.20, marking an increase of 0.10.
- For Current Ratio (X), as of Mar 25, the value is 1.74. This value is within the healthy range. It has decreased from 1.83 (Mar 24) to 1.74, marking a decrease of 0.09.
- For Quick Ratio (X), as of Mar 25, the value is 1.19. This value is within the healthy range. It has decreased from 1.32 (Mar 24) to 1.19, marking a decrease of 0.13.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 3.96. This value is below the healthy minimum of 4. It has increased from 3.28 (Mar 24) to 3.96, marking an increase of 0.68.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 1.33. This value is below the healthy minimum of 20. It has decreased from 4.46 (Mar 24) to 1.33, marking a decrease of 3.13.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 1.18. This value is below the healthy minimum of 20. It has decreased from 2.87 (Mar 24) to 1.18, marking a decrease of 1.69.
- For Earning Retention Ratio (%), as of Mar 25, the value is 98.67. This value exceeds the healthy maximum of 70. It has increased from 95.54 (Mar 24) to 98.67, marking an increase of 3.13.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 98.82. This value exceeds the healthy maximum of 70. It has increased from 97.13 (Mar 24) to 98.82, marking an increase of 1.69.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 7.10. This value is within the healthy range. It has increased from 2.75 (Mar 24) to 7.10, marking an increase of 4.35.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 5.21. This value is within the healthy range. It has increased from 1.93 (Mar 24) to 5.21, marking an increase of 3.28.
- For Enterprise Value (Cr.), as of Mar 25, the value is 16,218.97. It has increased from 5,879.03 (Mar 24) to 16,218.97, marking an increase of 10,339.94.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 8.03. This value exceeds the healthy maximum of 3. It has increased from 4.54 (Mar 24) to 8.03, marking an increase of 3.49.
- For EV / EBITDA (X), as of Mar 25, the value is 45.16. This value exceeds the healthy maximum of 15. It has increased from 42.02 (Mar 24) to 45.16, marking an increase of 3.14.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 7.97. This value exceeds the healthy maximum of 3. It has increased from 4.36 (Mar 24) to 7.97, marking an increase of 3.61.
- For Retention Ratios (%), as of Mar 25, the value is 98.66. This value exceeds the healthy maximum of 70. It has increased from 95.53 (Mar 24) to 98.66, marking an increase of 3.13.
- For Price / BV (X), as of Mar 25, the value is 12.85. This value exceeds the healthy maximum of 3. It has increased from 10.18 (Mar 24) to 12.85, marking an increase of 2.67.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 7.97. This value exceeds the healthy maximum of 3. It has increased from 4.36 (Mar 24) to 7.97, marking an increase of 3.61.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Transformers & Rectifiers India Ltd (TRIL):
- Net Profit Margin: 10.71%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 24% (Industry Average ROCE: 18.23%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 17.11% (Industry Average ROE: 15.5%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 5.21
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.19
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 56.1 (Industry average Stock P/E: 53.84)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.22
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 10.71%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Power - Transmission/Equipment | Survey No.427 P/3-4 & 431 P/1-2, Ahmedabad District Gujarat 382213 | cs@transformerindia.com http://www.transformerindia.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Jitendra U Mamtora | Chairman & Wholetime Director |
| Mr. Satyen J Mamtora | Managing Director |
| Mrs. Karuna J Mamtora | Executive Director |
| Mr. Rajendra S Shah | Independent Director |
| Mr. Subir Kumar Das | Independent Director |
| Mrs. Tanvi V Rangwala | Independent Director |
FAQ
What is the intrinsic value of Transformers & Rectifiers India Ltd (TRIL)?
Transformers & Rectifiers India Ltd (TRIL)'s intrinsic value (as of 18 October 2025) is 438.11 which is 9.48% lower the current market price of 484.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 14,533 Cr. market cap, FY2025-2026 high/low of 650/355, reserves of ₹1,222 Cr, and liabilities of 2,187 Cr.
What is the Market Cap of Transformers & Rectifiers India Ltd (TRIL)?
The Market Cap of Transformers & Rectifiers India Ltd (TRIL) is 14,533 Cr..
What is the current Stock Price of Transformers & Rectifiers India Ltd (TRIL) as on 18 October 2025?
The current stock price of Transformers & Rectifiers India Ltd (TRIL) as on 18 October 2025 is 484.
What is the High / Low of Transformers & Rectifiers India Ltd (TRIL) stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Transformers & Rectifiers India Ltd (TRIL) stocks is 650/355.
What is the Stock P/E of Transformers & Rectifiers India Ltd (TRIL)?
The Stock P/E of Transformers & Rectifiers India Ltd (TRIL) is 56.1.
What is the Book Value of Transformers & Rectifiers India Ltd (TRIL)?
The Book Value of Transformers & Rectifiers India Ltd (TRIL) is 41.7.
What is the Dividend Yield of Transformers & Rectifiers India Ltd (TRIL)?
The Dividend Yield of Transformers & Rectifiers India Ltd (TRIL) is 0.04 %.
What is the ROCE of Transformers & Rectifiers India Ltd (TRIL)?
The ROCE of Transformers & Rectifiers India Ltd (TRIL) is 28.0 %.
What is the ROE of Transformers & Rectifiers India Ltd (TRIL)?
The ROE of Transformers & Rectifiers India Ltd (TRIL) is 23.4 %.
What is the Face Value of Transformers & Rectifiers India Ltd (TRIL)?
The Face Value of Transformers & Rectifiers India Ltd (TRIL) is 1.00.