Alfa Transformers Ltd
Incorporated in 1982, Alfa Transformers
Ltd is in the business of manufacturing
and repairing of electrical equipment
mainly transformers[1]
- Market Cap ₹ 42.4 Cr.
- Current Price ₹ 46.3
- High / Low ₹ 99.1 / 27.0
- Stock P/E
- Book Value ₹ 43.0
- Dividend Yield 0.00 %
- ROCE 0.58 %
- ROE -4.13 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.08 times its book value
- Debtor days have improved from 98.6 to 69.9 days.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -7.35% over last 3 years.
- Earnings include an other income of Rs.0.41 Cr.
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 30.10 | 19.27 | 20.58 | 19.24 | 21.48 | 26.21 | 26.33 | 26.81 | 25.46 | 46.09 | 64.41 | |
| 26.21 | 17.87 | 18.55 | 17.91 | 21.84 | 26.07 | 24.32 | 24.60 | 25.40 | 45.91 | 63.22 | |
| Operating Profit | 3.89 | 1.40 | 2.03 | 1.33 | -0.36 | 0.14 | 2.01 | 2.21 | 0.06 | 0.18 | 1.19 |
| OPM % | 12.92% | 7.27% | 9.86% | 6.91% | -1.68% | 0.53% | 7.63% | 8.24% | 0.24% | 0.39% | 1.85% |
| 4.01 | 2.38 | 0.25 | 0.18 | 0.15 | 2.79 | 0.16 | 0.23 | 0.27 | 0.17 | 0.41 | |
| Interest | 2.11 | 1.85 | 2.07 | 2.71 | 2.43 | 1.97 | 1.64 | 1.65 | 1.97 | 1.97 | 1.82 |
| Depreciation | 0.56 | 0.78 | 0.83 | 0.90 | 0.92 | 0.84 | 1.53 | 1.35 | 1.19 | 1.15 | 1.22 |
| Profit before tax | 5.23 | 1.15 | -0.62 | -2.10 | -3.56 | 0.12 | -1.00 | -0.56 | -2.83 | -2.77 | -1.44 |
| Tax % | 33.08% | 35.65% | -30.65% | 9.05% | 0.28% | 41.67% | 0.00% | -3.57% | 0.00% | 0.36% | -2.08% |
| 3.50 | 0.74 | -0.43 | -2.29 | -3.56 | 0.07 | -1.00 | -0.55 | -2.83 | -2.78 | -1.41 | |
| EPS in Rs | 6.53 | 1.38 | -0.80 | -4.27 | -6.64 | 0.13 | -1.87 | -1.03 | -4.49 | -3.76 | -1.54 |
| Dividend Payout % | 15.31% | 72.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 20% |
| 3 Years: | 34% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | % |
| TTM: | 45% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 32% |
| 3 Years: | 21% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | -7% |
| 5 Years: | -7% |
| 3 Years: | -7% |
| Last Year: | -4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.36 | 5.36 | 5.36 | 5.36 | 5.36 | 5.36 | 5.36 | 5.36 | 6.31 | 7.40 | 9.15 |
| Reserves | 18.78 | 18.70 | 18.15 | 15.75 | 12.08 | 11.95 | 10.84 | 10.30 | 28.66 | 27.24 | 30.24 |
| 14.94 | 16.88 | 14.80 | 16.50 | 10.67 | 7.53 | 6.62 | 9.28 | 9.46 | 7.84 | 7.36 | |
| 3.86 | 7.57 | 7.36 | 6.85 | 8.97 | 7.30 | 9.39 | 6.96 | 7.49 | 23.36 | 15.12 | |
| Total Liabilities | 42.94 | 48.51 | 45.67 | 44.46 | 37.08 | 32.14 | 32.21 | 31.90 | 51.92 | 65.84 | 61.87 |
| 17.30 | 18.00 | 18.37 | 18.45 | 17.58 | 16.33 | 14.44 | 13.20 | 31.75 | 31.00 | 30.42 | |
| CWIP | 0.19 | 0.59 | 1.21 | 0.22 | 0.08 | 0.06 | 0.00 | 0.00 | 0.02 | 0.03 | 0.03 |
| Investments | 1.40 | 1.35 | 0.88 | 0.51 | 0.51 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| 24.05 | 28.57 | 25.21 | 25.28 | 18.91 | 15.74 | 17.76 | 18.69 | 20.14 | 34.80 | 31.41 | |
| Total Assets | 42.94 | 48.51 | 45.67 | 44.46 | 37.08 | 32.14 | 32.21 | 31.90 | 51.92 | 65.84 | 61.87 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.24 | 1.23 | 5.55 | 2.25 | 6.48 | 3.36 | 1.98 | -0.96 | -2.34 | -1.52 | -2.32 | |
| -3.89 | -0.82 | -0.80 | 0.44 | 0.49 | 3.05 | 0.59 | -0.09 | 0.04 | -0.70 | -3.89 | |
| 1.69 | -0.52 | -4.75 | -2.68 | -6.90 | -6.47 | -2.57 | 1.01 | 2.34 | 2.19 | 6.18 | |
| Net Cash Flow | 0.04 | -0.11 | 0.00 | 0.01 | 0.07 | -0.06 | 0.01 | -0.04 | 0.04 | -0.03 | -0.03 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 84.40 | 218.58 | 138.69 | 161.06 | 124.22 | 61.41 | 78.60 | 69.57 | 85.01 | 140.80 | 69.93 |
| Inventory Days | 215.41 | 363.21 | 330.24 | 350.13 | 177.86 | 146.89 | 167.54 | 192.25 | 188.44 | 120.26 | 75.32 |
| Days Payable | 27.15 | 136.58 | 120.60 | 116.71 | 136.99 | 88.51 | 130.75 | 84.67 | 89.09 | 196.10 | 83.00 |
| Cash Conversion Cycle | 272.66 | 445.22 | 348.33 | 394.48 | 165.09 | 119.80 | 115.39 | 177.16 | 184.36 | 64.97 | 62.25 |
| Working Capital Days | 223.61 | 383.56 | 72.36 | 43.63 | -16.48 | 2.09 | 7.35 | 20.83 | 35.98 | 19.96 | 23.69 |
| ROCE % | 7.15% | 3.48% | 1.55% | -3.47% | -0.64% | 2.64% | 4.56% | -2.48% | -1.84% | 0.58% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Number of Manufacturing Plants Count |
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Documents
Announcements
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Installation Of 200 KW Rooftop Solar System
3 Mar - Installed 200 kW rooftop solar in Bhubaneswar; saves 24,000 units/month, ~Rs.1,872,000/year.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
14 Feb - Alfa Transformers received 'Best Performer - Supply of Distribution Transformers' award from TPNODL on 14-Feb-2026.
- Revised Unaudited Financial Result For The Quarter Ended 31St December,2025 3 Feb
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
3 Feb - Newspaper Publication of Unaudited Financial Statement for the Quarter ended 31st December,2025
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Consider And Approve Unaudited Financial Result For The Quarter Ended 31St December,2025
31 Jan - Q3 FY26 unaudited: income Rs1,143.71 lakh; PAT Rs100.03 lakh; EPS Rs0.11
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1]
ATL is an Odisha based company which manufactures small distribution transformers and offers related technical assistance and services, including repair work. The company executes EPC orders (for electrical installations) on behalf of various public sector entities like Odisha Power Transportation Company Limited, Paschim Gujrat Vij Company Limited, and Gupta Power Infrastructure Limited.