Transformers And Rectifiers (India) Limited — PPTs, 08-01-2025: Investor Presentation

**Financial Highlights:**

In Q3 FY25, TARIL reported a standalone revenue from operations of ₹54,531 lakhs, a robust 49% increase YoY, while consolidated revenue reached ₹55,936 lakhs, reflecting a 51% increase. EBITDA surged to ₹8,696 lakhs, up 136% YoY, with an EBITDA margin of 15.69%. The company's profit after tax (PAT) stood at ₹5,055 lakhs, a remarkable 276% rise compared to the previous year, which translates to a PAT margin of 9.12%.

**Strategic Initiatives and Growth Drivers:**

TARIL continues to expand its capacity and capabilities. The acquisition of a CRGO processing unit enhances backward integration, contributing approximately 30-35% of raw material costs. Future initiatives include new capacity expansions projected for Q4 FY25 and a fully automated radiator facility awaiting approval. The company aims for US$1 billion in revenue over the next three fiscal years.

**Business Developments:**

During the quarter, TARIL secured new orders totaling ₹631 crores and boasts an impressive order book of ₹3,686 crores. It is also negotiating inquiries worth over ₹19,000 crores. Notably, TARIL successfully exported a 220/253 MVA Electric Arc Furnace transformer, one of the highest ratings ever manufactured globally.

**Market Position and Competitive Advantage:**

As the second-largest transformer manufacturer in India by capacity, TARIL boasts a diverse product range servicing the power generation and distribution sectors, with a footprint in over 25 countries. Its commitment to innovation and operational excellence reinforces its competitive edge.

**Investor Implications:**

With solid financial performance, a growing order book, and strategic expansions underway, TARIL presents a positive outlook for investors. Its focus on high-quality production and international markets positions it favorably for future growth.