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NSE:INDOTECH

INDO TECH TRANSFORM LTD.

₹2,715.00
at close · 6 Nov 2026
▲ 27.00 (+1.00%)

Latest filings

  1. Indo-Tech wins 47.485 crore domestic transformer order · Business Updates
  2. Routine filing: share dematerialisation certificate for Sep 2026 quarter · Compliance
  3. Trading window closure for designated persons ahead of Q2 results · Compliance
All filings ↓
Ask Nexa about INDO TECH TRANSFORM LTD.

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures power and distribution transformers for India's electricity sector, with current plant capacity of 14,000 MVA running at 80-90% utilisation. Revenue of ₹782.08 crore in FY26 was up 27.8% from the prior year, driven by higher transformer demand, with materials accounting for 76.2% of revenue. The product range historically extended up to 220 kV; in July 2026 the company received NTPC approval to manufacture 400 kV class transformers for Battery Energy Storage System (BESS) projects, and secured an initial order for two 90 MVA units through an EPC contractor. Capacity is being scaled up sharply — phased capex approvals total ₹495 crore (₹135 crore earlier tranches in progress and ₹360 crore approved on June 26, 2026) to lift capacity from 14,000 MVA to 50,000 MVA (up to 400 kV range) by March 2029, funded through internal accruals and bank term loans. The expansion opens access to higher-value utility, renewable energy, transmission and BESS projects.

Operating scale
Current plant capacity
14,000 MVAFY26
Capacity utilisation
80-90%FY26
Target plant capacity
50,000 MVA (up to 400 kV range)by March 2029
Total planned capex
₹495 croreFY26-FY29
FY26 revenue
₹782.08 croreFY26
Initial 400 kV order
2 transformers of 90 MVA capacityJuly 2026
Who pays it
Power utilities (including NTPC), EPC contractors, and renewable energy / Battery Energy Storage System projects.
Biggest cost
Materials at 76.2% of revenue, principally copper, electrical steel and transformer oil.
Kind of business
Capital-intensive, cyclical electrical equipment manufacturer in a multi-year capacity expansion phase.
Where it sits
Mid-sized Indian transformer maker, recently extended into 400 kV Extra High Voltage class with NTPC approval, targeting the utility, transmission, renewable energy and BESS segments.
Market Cap
₹2,707 Cr
P / E (TTM)
27.3×
EV / EBITDA
20.7×
Div Yield
—
Growth
30.6%▲
Revenue 5y CAGR
PAT +71.3% · EBITDA +70.3%
Quality
27.3%▲
ROCE (5y median)
ROE 21.6% (5y median) · margin 15.4%
Leverage
0.01·
Debt / Equity · low
Net cash ₹57 Cr
Revenue FY21→FY26
3.8×▲
Margin +8.8 pts
₹206 Cr → ₹782 Cr
Cash conversion
0.67×·
Operating cash ÷ profit · 5 yrs
₹162 Cr on ₹241 Cr
Moves on a normal day
1.96%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves

Scorecard

Measured from the filed financials · as of FY26 — not investment advice

Strengths
Revenue compounding 31% a year over 5 years
Profit compounding 71% a year over 5 years
Profit grew in every one of the last 5 years
Returns on capital 27.3% (5-year median)
up from 4.9% in FY21
Debt at 0.01× equity
Concerns
Heavy working capital — 121 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

INDOTECH · price

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

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from INDO TECH TRANSFORM LTD.'s filed financials and exchange disclosures

What does INDO TECH TRANSFORM LTD. do?

INDO TECH TRANSFORM LTD. is listed on NSE and BSE, trading under the symbol INDOTECH.

Is INDO TECH TRANSFORM LTD. profitable?

Yes. Over the trailing twelve months INDO TECH TRANSFORM LTD. reported a net profit of ₹99 Cr on revenue of ₹846 Cr.

Does INDO TECH TRANSFORM LTD. pay a dividend?

Not in the latest reported year — INDO TECH TRANSFORM LTD.'s dividend payout for FY26 was nil.

Is INDO TECH TRANSFORM LTD. debt-free?

On a net basis, yes. It reported borrowings of ₹5.20 Cr on its 31 Mar 2026 balance sheet, but holds ₹57 Cr more cash than debt.

How much does the INDO TECH TRANSFORM LTD. share price move in a day?

On a typical session INDO TECH TRANSFORM LTD. moves 1.96% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track INDO TECH TRANSFORM LTD.'s announcements?

Every NSE and BSE filing by INDO TECH TRANSFORM LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.