25 slides from Transformers And Rectifiers (india)'s earnings presentation, Apr 21, 2026
Slide 1: Investor’s Presentation Q4 FY26 & FY26
Investor’s Presentation Q4 FY26 & FY26
Slide 2: Presentation Brief
Presentation Brief 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 3: Corporate Snapshot
Earil Corporate Snapshot
Slide 4: Brief Overview
Brief Overview 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 to 50
Slide 5: Charting the Course for Continued Success
Charting the Course for Continued Success 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 ₹ 465/shar
Slide 6: Financial Overview Q4 FY26 & FY26
Financial Overview Q4 FY26 & FY26 6
Slide 7: Financial Highlights - Standalone
Financial Highlights - Standalone (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 1,98,305 Cos
Slide 8: Financial Highlights - Consolidated
Financial Highlights - Consolidated (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 2,05,108 C
Slide 9: Financial Highlights – Balance Sheet
Financial Highlights – Balance Sheet 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 49.12 Inve
Slide 10: Financial Highlights – Balance Sheet
Financial Highlights – Balance Sheet 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 11.53 12
Slide 11: Quarterly Financial Highlights (Standalone)
Quarterly Financial Highlights (Standalone) Q4 FY26 Highlights (₹ Lakhs except for EPS) Revenue from Operation Operational EBITDA & EBITDA % 16% 5% 15.5% 17.3% ₹ 64,731 ₹ 75,233 ₹ 11,690 ₹ 11,173 Q4 FY25 Q4 FY26 PAT & PAT Margins ₹ 7,658 EPS ₹7,731 11.80% 10.30% ₹ 2.55 ₹ 2.58 Q4 FY25 Q4 FY26 Q4 FY25
Slide 12: Yearly Financial Highlights (Standalone)
Yearly Financial Highlights (Standalone) FY26 Highlights (₹ Lakhs except for EPS) Revenue from operations EBITDA 15.4% 23% 16.2% 17% ₹ 1,95,013 ₹ 2,39,549 ₹ 36,996 ₹ 31,685 FY25 FY26 FY25 FY26 PAT & PAT Margins EPS ₹ 18,769 ₹ 22,547 9.62% 9.41% ₹ 6.31 ₹ 7.51 FY25 FY26 FY25 FY26 12
Slide 13: Key Operational Highlights – Q4 FY26 & FY26
Key Operational Highlights – Q4 FY26 & FY26 ₹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 14: Financial Highlights – FY26
Financial Highlights – FY26 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 15: Key Performance Highlights from the Management & KMP
Key Performance Highlights from the Management & KMP 15
Slide 16: Chairman’s Comments on FY26 Financial Performance
Chairman’s Comments on FY26 Financial Performance • 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 Compa
Slide 17: MD & CEO’s Comments on FY26 Financial Performance
MD & CEO’s Comments on FY26 Financial Performance • 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 our prod
Slide 18: CFO’s Comments on FY26 Financial Performance
CFO’s Comments on FY26 Financial Performance • 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 EAF Tr
Slide 19: Drivers that Transcended TARIL’S growth story over the years
Drivers that Transcended TARIL’S growth story over the years 19
Slide 20: Growth Drivers
Growth Drivers Niche Transformers 20
Slide 21: Product Portfolio
Product Portfolio 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, ensuring smoot
Slide 22: Transformers application in varied Industries
Transformers application in varied Industries Distribution Petrochemical Pharmaceutical Power Transmission Metal Processing Cement Green Energy Railways Paper and Pulp Mining 22
Slide 23: Driving Growth Through Strong Relationships
Driving Growth Through Strong Relationships Domestic Customer Base 23
Slide 24: Safe Harbor
Safe Harbor 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, completene
Slide 25: Thank You
Thank You -aril 25