Transformers And Rectifiers (India) Limited — PPTs, 08-04-2025: Investor Presentation

**Financial Highlights:**

In FY25, Transformers and Rectifiers (India) Limited reported significant growth with revenues reaching ₹1,986 Cr, a 56% increase year-on-year. The EBITDA margin improved to 16.12%, reflecting enhanced operational efficiency. Profit After Tax (PAT) surged to ₹187 Cr, with a robust PAT margin of 9.45%.

**Strategic Initiatives and Growth Drivers:**

The company is expanding its Extra High Voltage (EHV) transformer capacity by an additional 22,000 MVA, with commercial production expected to start by February 2026. A new capital infusion of ₹550 Cr is planned over the next 15 months to support this growth, alongside strategic acquisitions to enhance backward integration, aiming for a 100% integrated operation by early FY26-27.

**Business Developments:**

TARIL secured a record order inflow of ₹4,504 Cr in FY25, including its highest-ever single order worth ₹740 Cr from GETCO. The current order book stands at ₹5,132 Cr with over ₹22,000 Cr in inquiries under negotiation.

**Market Position and Competitive Advantage:**

As the second-largest transformer manufacturer in India, TARIL leverages its strong product portfolio, which includes single-phase power transformers and specialty transformers. Its global footprint spans over 25 countries, with a significant presence in various industries such as energy, petrochemical, and green energy.

**Investor Implications:**

TARIL's strong financial performance and strategic expansion initiatives offer a positive outlook for investors, indicating potential growth and operational excellence in the coming years.