Transformers & Rectifiers reports record 56% revenue growth in FY25 

The company secured a landmark ₹740 crore order from GETCO during the year, its largest ever. 
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Transformers & Rectifiers (India)Ltd (TARIL) announced robust financial results for Q4 FY25 and the full fiscal year, with annual revenue surging 56 per cent to ₹2,019 crore, exceeding its guidance of ₹2,000 crore.

The shares of Transformers & Rectifiers (India) Ltd (TARIL) closed today at ₹494.45 up ₹23.50 or 4.99 per cent on the NSE hitting the upper band.

The company’s Q4 performance showed significant year-over-year improvement with revenue reaching ₹676 crore, up 32 per cent from ₹513 crore in the same quarter last year. Quarterly EBITDA jumped 90 per cent to ₹138 crore, with margins expanding to 20.22 per cent from 14.19 per cent a year earlier.

Net profit for FY25 soared 357 per cent to ₹217 crore, translating to an EPS of ₹7.21, compared to ₹4.7 crore and ₹1.64 EPS in the previous year. The company’s profit after tax margin improved significantly to 10.56 per cent for the full year, from 3.65 per cent in FY24.

TARIL reported a strong order book of ₹5,132 crore as of March 31, 2025, with unexecuted orders worth ₹2,144 crore and a substantial pipeline exceeding ₹22,000 crore. The company secured a landmark ₹740 crore order from GETCO during the year, its largest ever.

The transformer manufacturer is on track with its expansion plans, with Phase 1 of its 15,000 MVA capacity expected to begin commercial production in May 2025. The company has announced a ₹550 crore capital expenditure plan for the next 15 months as part of its journey toward achieving $1 billion in revenue within three years.

TARIL is also working toward complete backward integration by Q1 FY27, with four new units currently under implementation.

Published on April 8, 2025