Transformers and Rectifiers (India) Ltd
Transformers & Rectifiers (India) Reports FY26 Results š | Order Book Exceeds ā¹5,000 Cr
ā¢ FY26 standalone revenue: ā¹2,395 Cr | Consolidated revenue: ā¹2,509 Cr
ā¢ EBITDA margins around 15.4% standalone | Consolidated PAT: ā¹272 Cr
ā¢ Highest-ever production of 33,763 MVA in FY26
ā¢ First HVDC transformer repair order received from PGCIL
ā¢ Capacity expansion underway: Changodar (expected Q2 FY27) & Moraiya (post-monsoon FY27)
ā¢ Total capacity increasing from 40,000 MVA to 75,000 MVA
ā¢ Backward integration expected to improve margins by 150-200 basis points
ā¢ FY27 EBITDA margins guidance: 15-17%