Transformers And Rectifiers (india) Limited · NSE:TARIL
Transformers And Rectifiers (india) — Q4 FY26 Earnings Presentation
26 slides from Transformers And Rectifiers (india)'s earnings presentation, Apr 21, 2026
Slide 1: Exchange filing cover letter
Date: 21st April, 2026 t21ril Ref: TARIL/SECT/2026-27/NSE-BSE/COMPL/006 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra - Kurla Complex, Mumbai - 400 001 Bandra (E), Mumbai - 400 051 Security Code : 532928 Tra
Slide 2: Investor's Presentation Q4 FY26 & FY26
Investor’s Presentation Q4 FY26 & FY26
Slide 3: Presentation Brief
Presentation Brief t21ril Corporate Snapshot Financial Overview Q4 FY26 and FY 2025-26 Key Performance Highlights from the Management & KMP Drivers that transcended TARIL’s growth story over the years 2
Slide 4: Corporate Snapshot
t21ril Corporate Snapshot l. 3
Slide 5: Brief Overview
Brief Overview t~ril Company Overview Financial Highlights - Standalone Headquartered in Ahmedabad, TARIL is a prominent player in the manufacturing of transformers & reactors in India Its diverse product range includes : Particulars (₹ crores) FY26 FY25 FY24 o Single phase power transformers up
Slide 6: Charting the Course for Continued Success
Charting the Course for Continued Success t21ril Raised ₹120 Cr by way of Successfully preferential issue on Mr. Jitendra Mamtora, Listed on NSE & BSE commissioned 1150 kV private placement basis in began his journey from raising ₹ 139 Cr at price of transformer October 2023 repairing to ₹ 4
Slide 7: Financial Overview Q4 FY26 & FY26
t21ril Financial Overview Q4 FY26 & FY26 l 6
Slide 8: Financial Highlights - Standalone
Financial Highlights - Standalone t~ril (Figures in Lakhs) Growth Growth Growth Particulars Q4 FY26 Q4 FY25 Q3 FY26 FY26 FY25 % % % Revenue from Operations 75,233 64,731 16.2% 70,421 6.8% 2,39,549 1,95,013 22.8% Other Income 2,242 794 566 5,685 3,292 Total Income 77,475 65,525 70,987 2,45,234 1,98,3
Slide 9: Financial Highlights - Consolidated
Financial Highlights - Consolidated t~ril (Figures in Lakhs) Particulars Q4 FY26 Q4 FY25 Growth % Q3 FY26 Growth % FY26 FY25 Growth % Revenue from Operations 78,267 67,648 15.7% 73,676 6.2% 2,50,880 2,01,938 24.2% Other Income 2,237 694 426 6,085 3,170 Total Income 80,504 68,342 74,102 2,56,965 2,05
Slide 10: Financial Highlights – Balance Sheet
Financial Highlights – Balance Sheet t~ril Figures in Crores Particulars FY26 FY25 FY24 Assets Fixed Assets 126.18 127.85 121.05 Capital Work-in-progress 137.80 61.63 3.38 Intangible Assets 16.92 16.16 7.97 Non-Current Trade Receivable 204.39 335.69 280.81 Other Non-Current Assets 241.23 164.63 49.1
Slide 11: Financial Highlights – Balance Sheet
Financial Highlights – Balance Sheet t~ril Figures in Crores Particulars FY26 FY25 FY24 Equity Equity Share Capital 30.02 30.02 14.26 Tangible Net Worth 1,410.19 1,180.40 525.13 Liabilities Non-Current Liabilities (i) Long-Term Borrowings 53.08 77.83 52.50 (ii) Other Non-Current Liabilities 22.99 11
Slide 12: Quarterly Financial Highlights (Standalone)
Quarterly Financial Highlights (Standalone) t~ril Q4 FY26 Highlights (₹ Lakhs except for EPS) Revenue from Operation Operational EBITDA & EBITDA % 16% 5% 17.1% 15.1% ₹ 64,731 ₹ 75,233 ₹ 11,690 ₹ 11,173 Q4FY25 Q4FY26 Q4 FY25 Q4 FY26 PAT & PAT Margins ₹ 7,658 EPS ₹7,731 11.70% 10.00% ₹ 2.55 ₹ 2.58 Q4
Slide 13: Yearly Financial Highlights (Standalone)
Yearly Financial Highlights (Standalone) t~ril FY26 Highlights (₹ Lakhs except for EPS) Revenue from operations EBITDA 15.1% 23% 16.0% 17% ₹ 1,95,013 ₹ 2,39,549 ₹ 36,996 ₹ 31,685 FY25 FY26 FY25 FY26 PAT & PAT Margins EPS ₹ 18,769 ₹ 22,547 9.46% 9.19% ₹ 6.31 ₹ 7.51 FY25 FY26 FY25 FY26 12
Slide 14: Key Operational Highlights – Q4 FY26 & FY26
Key Operational Highlights – Q4 FY26 & FY26 t21ril ₹5,005 crore Unexecuted Order Book – 31.03.26 ₹2,374 crore New Order Inflow – FY26 Exceptional Orders Operational Repair Order of HVDC from PGCIL Highlights ₹23,000+ crore Inquiries under Negotiation 13
Slide 15: Financial Highlights – FY26
Financial Highlights – FY26 t21ril Key Financial Highlights ₹2,395 crore 15.10% Revenue ₹370 crore 9.19% PAT EBITDA from EBITDA Margin Margin Operations 23% 17% -90 -30 YoY YoY Bps Bps 14
Slide 16: Key Performance Highlights from the Management & KMP
t21ril Key Performance Highlights from the Management & KMP l 15
Slide 17: Chairman's Comments on FY26 Financial Performance
Chairman’s Comments on FY26 Financial Performance t~ril • Commercial production of new capacity addition of 15,000 MVA at Changodar plant will start during Q2 FY26 (project is delayed by 4-5 months) • New capacity addition planned at Moraiya for 22,000 MVA • With this Expansions, the capacity of the
Slide 18: MD & CEO's Comments on FY26 Financial Performance
MD & CEO’s Comments on FY26 Financial Performance t~ril • New Orders during the quarter - ₹ 244 Crores. Strategically delaying new orders so that we can select orders with better margin, • better payment Received terms and operational new orders excellence awardarefrom more aligned Power Gridwith ou
Slide 19: CFO's Comments on FY26 Financial Performance
CFO’s Comments on FY26 Financial Performance t~ril • Q4FY26 revenue ₹ 752 crore; FY26 revenue ₹ 2,395 crore Received • •Q4FY26 operational EBIDTA ₹ 117 excellence crore and award EBIDTA from Power margin Grid FY26 15.1%; EBIDTA ₹ 370 crore and EBIDTA margin 15.1% • Successfully exported 220/253 MVA
Slide 20: Drivers that Transcended TARIL's growth story over the years
t21ril Drivers that Transcended TARIL’S growth story over the years L 19
Slide 21: Growth Drivers: Niche Transformers
Growth Drivers t21ril Niche Transformers Magnum Opus 333 MVA, 1200 kV auto 156 MVA transformer dispatched to Biggest Furnace duty National Test Station BINA India installed at Novorross through Power Grid. Steel, Russia Highest AC Voltage in the world 132 MVA, 33 kV Electric 315 MVA, 400/220kV Arc F
Slide 22: Product Portfolio
Product Portfolio t21ril Power Transformers Distribution Transformers Designed for high voltage transmission & distribution These transformers are tailored for low networks, ensuring efficient power flow and voltage applications and are vital for local reliability. distribution networks, ensurin
Slide 23: Transformers application in varied Industries
t21ril Transformers application in varied Industries Distribution Petrochemical Pharmaceutical Power Transmission Metal Processing t tranxfa rm1Zrx Et rizctifiizri (indi21) ltd Cement Green Energy Railways Paper and Pulp Mining 22
Slide 24: Driving Growth Through Strong Relationships
Driving Growth Through Strong Relationships t21ril Domestic Customer Base Qldi!fcils ~ DANIELi adani J1NoAY ' TATA POWER POWERGRID ~ Renewables STEEL & POWER ~ , ft~-; /-. ~ II;,~~~ : ffliorrent SIEMENS I~ ~, JINDAL SAW LTD. I GnGrGY -<COnCO>- 1• ~ i1 , . Q1 POWER GET&O India Limited 11nou TOTA L PI
Slide 25: Safe Harbor
Safe Harbor t~ril This presentation has been prepared by Transformers and Rectifiers (India) Limited solely to provide information about the Company to its stakeholders. No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, comp
Slide 26: Thank You
• . ' t21ril • ' I •• Thank You I. 25
Transformers and Rectifiers (India) — Q4 FY26 Earnings Presentation on 6ix