On November 9, 2025, Transformers and Rectifiers (India) Limited (TARIL) announced its revised Q2-2025-26 investor presentation, correcting typographical errors from an earlier release. The presentation includes unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. TARIL, a leading manufacturer in the transformer industry, operates out of Ahmedabad, boasting an installed capacity of approximately 40,000 MVA and a global footprint across 25+ countries. The company's continued commitment to quality is evident through its skilled workforce of around 1,200 employees.

TARIL reported a significant revenue increase, achieving ₹1,950 crores for FY25, compared to ₹1,273 crores in FY24. The company also saw its EBITDA rise sharply to ₹320 crores, resulting in an EBITDA margin of 16.41%, a notable improvement from previous years. The profit after tax (PAT) surged to ₹187 crores, reflecting a PAT margin of 9.44%. This financial performance indicates a robust recovery and a strong operational framework, bolstered by a healthy order book of ₹5,472 crores as of June 30, 2025, with inquiries exceeding ₹18,700 crores.

TARIL's diverse product offerings include single-phase power transformers, furnace transformers, and specialty transformers catering to various high-demand sectors such as power generation and industrial applications. The company has made significant strides, including raising ₹500 crores through a Qualified Institutional Placement (QIP) and securing its highest-ever order worth ₹740 crores from GETCO. As TARIL continues to innovate and expand its capabilities, it remains well-positioned to capitalize on the growth opportunities within the global transformer market.