Transformers And Rectifiers (India) Limited — Investor Meet, 04-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

TARIL's Q1 FY26 earnings call highlights strong quarter performance. Revenue surged to INR 510 Cr (+64% YoY), EBITDA to INR 97 Cr (+127% YoY), and PAT to INR 60 Cr (+227% YoY). Margins are expanding and are seen as sustainable at 17-18%. New orders totaled INR 665 Cr, with the unexecuted order book at INR 5,246 Cr, providing 15-18 months of revenue visibility. A significant USD 16.6 million export order was secured. Capacity expansion at Moraiya is set for Q2 completion, supporting the goal of USD 1 billion revenue in 3 years. Management expresses confidence, prioritizing high-margin orders amid strong industry demand.