Announced Tue, 21 Apr · 15:58 IST

Transformers And Rectifiers (India) Limited has informed the Exchange that Board of Directors at its meeting held on April 21, 2026, recommended Final Dividend of Rs. 0.25 per equity share.

Revenue Growth 20pctPat Growth 25pctEbitda Margin CompressionNegative Operating CashflowRelated Party TransactionsResults View source PDF

TARIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Transformers and Rectifiers (India) Limited reported strong full-year results for FY2026 ending March 31. Standalone revenue grew 23% to Rs. 2,395.49 crore from Rs. 1,950.14 crore, while PAT increased 20% to Rs. 225.43 crore from Rs. 187.57 crore. Consolidated revenue stood at Rs. 2,508.80 crore with consolidated PAT of Rs. 272.17 crore, representing 26% PAT growth year-on-year. EPS improved to Rs. 7.51 (standalone) and Rs. 9.07 (consolidated). The Board recommended a final dividend of Rs. 0.25 per equity share (25%), subject to shareholder approval. Statutory auditors issued unmodified opinions on both standalone and consolidated results. Operating cash flow turned negative at Rs. 105.38 crore for the year, compared to positive Rs. 156.58 crore in the previous year, driven by significant working capital outflows including higher inventory and trade receivables. Related party transactions with subsidiaries include loans given (Rs. 12.82 crore) and advances (Rs. 42.92 crore).

Likely market impact

The company delivered robust topline and bottomline growth with 20%+ increases in both revenue and PAT. However, the negative operating cash flow and rising working capital (trade receivables up significantly to Rs. 853 crore) may concern investors despite strong profitability. The small dividend payout signals retention of cash for growth or debt reduction.