Transformers and Rectifiers (India) Limited (TARIL) has reported impressive financial results for the quarter and half year ended 30th September 2025, revealing a significant revenue increase to ₹1,950 crores compared to ₹1,273 crores in the previous fiscal year. The company also noted a substantial rise in its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), which surged to ₹320 crores with a margin of 16.41%, up from 10.03% in FY24. Profit After Tax (PAT) reached ₹187 crores, reflecting a notable increase in PAT margin to 9.44% from 3.24% the previous year. These results underscore TARIL's robust performance amidst a competitive landscape in the transformer manufacturing sector.
As a leading manufacturer of transformers in India, TARIL operates on a B2B basis, serving various sectors including power generation, transmission, and industrial needs. The company boasts an installed capacity of approximately 40,000 MVA and a global footprint that spans over 25 countries. Its diverse product offerings include single-phase power transformers, furnace transformers, and specialty transformers for applications such as locomotive traction and green hydrogen. Notably, the company reported an order book of ₹5,472 crores as of 30th June 2025, with inquiries under negotiation exceeding ₹18,700 crores, indicating a solid pipeline for future growth.
The management team at TARIL, comprising around 1,200 skilled employees, is committed to maintaining high-quality standards across its manufacturing operations. In addition to its impressive financial growth, TARIL has recently made strategic moves, including a ₹500 crore capital raise through a Qualified Institutional Placement (QIP) and securing a record order worth ₹740 crores from Gujarat Energy Transmission Corporation (GETCO). As the company continues to innovate and expand its capabilities, its focus on sustainable and advanced technology positions it well for future success in the renewable energy sector.