Transformers And Rectifiers (India) Limited — Investor Meet, 25-07-2026: Analysts/Institutional Investor Meet/Con. Call Updates

TARIL reported Q1 FY27 standalone revenue of INR559 Cr (+10% YoY) with consolidated EBITDA margin at 19.2%. Order inflow surged to INR2,114 Cr (+218% YoY), building an unexecuted order book of INR6,630 Cr for 18-24 months visibility. Management targets 25% revenue growth and 16% standalone EBITDA margin for FY27, aiming for INR8,000 Cr revenue by FY28-29. Q1 revenue was affected by Changodar plant expansion, expected to normalize from Q3 FY27. Backward integration facilities commissioning through FY27-Q1FY28 are set to boost margins by 200-300 basis points from FY28, enhancing efficiency.