Transformers And Rectifiers (India) Limited has informed the Exchange about Transcript
TARIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TARIL reported strong Q1 FY26 results with revenue of INR510 crores (up 64% YoY), EBITDA of INR97 crores (up 127% YoY), and PAT of INR60 crores (up 227% YoY). Order inflow for the quarter stood at INR665 crores, taking the unexecuted order book to INR5,246 crores, providing 15-18 months of revenue visibility. The company secured its largest-ever export order worth USD16.6 million from Botswana. Management reiterated its USD1 billion revenue target over the next 3 years, guided to sustainable PAT margins of 17-18%, and confirmed it is on track to become net debt-free in 18-24 months. Capacity utilization is targeted to rise to 85-90% this year from 65% last year, supported by a 22,000 MVA expansion at the Moraiya plant (operational by end of Q2) and backward integration into CRGO processing.
Strong Q1 print with triple-digit profit growth and robust order book signals healthy momentum and revenue visibility. Management's reaffirmed margin guidance of 17-18% PAT, net debt-free roadmap, and USD1 billion revenue ambition are positive for long-term shareholder value, though quarter-to-quarter order inflows may be lumpy given long project gestation.