Raksan Transformers Ltd
Incorporated in July 1995, Raksan
Transformers Limited is an ISO 9001
:2015 certified manufacturer of the
transformers across different voltage
ratings.[1]
- Market Cap ₹ 580 Cr.
- Current Price ₹ 278
- High / Low ₹ 299 / 260
- Stock P/E 17.4
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 55.4 %
- ROE 54.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 243% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 53.3%
Cons
- Company might be capitalizing the interest cost
- Debtor days have increased from 59.4 to 73.7 days.
* 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 Heavy Electrical Equipment
Part of BSE SME IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 34 | 72 | 161 | 324 | 363 | |
| 33 | 66 | 150 | 294 | 316 | |
| Operating Profit | 1 | 6 | 11 | 30 | 47 |
| OPM % | 2.6% | 8% | 7% | 9% | 13% |
| 1 | 1 | 1 | 0 | 1 | |
| Interest | 1 | 2 | 2 | 2 | 1 |
| Depreciation | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 0 | 5 | 11 | 27 | 45 |
| Tax % | 72% | 30% | 31% | 24% | 26% |
| 0 | 3 | 7 | 21 | 33 | |
| EPS in Rs | 0.81 | 40.00 | 84.27 | 239.34 | 20.24 |
| Dividend Payout % | 0% | 0% | 0% | 1% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 61% |
| 3 Years: | 72% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 243% |
| 3 Years: | 113% |
| TTM: | 60% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 53% |
| Last Year: | 55% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.87 | 0.87 | 0.87 | 0.87 | 16 |
| Reserves | 11 | 16 | 23 | 44 | 61 |
| 9 | 6 | 10 | 24 | 21 | |
| 18 | 20 | 34 | 50 | 57 | |
| Total Liabilities | 39 | 42 | 67 | 118 | 155 |
| 6 | 6 | 8 | 32 | 40 | |
| CWIP | 0 | 0 | 0 | 3 | 4 |
| Investments | 1 | 1 | 1 | 1 | 2 |
| 33 | 35 | 58 | 82 | 110 | |
| Total Assets | 39 | 42 | 67 | 118 | 155 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 0 | 6 | 7 | 5 | 15 | |
| 5 | -0 | -7 | -23 | -11 | |
| 3 | -7 | 4 | 13 | -4 | |
| Net Cash Flow | 9 | -2 | 4 | -5 | -0 |
| Free Cash Flow | 0 | 5 | 5 | -22 | 5 |
| CFO/OP | 50% | 93% | 67% | 18% | 32% |
Ratios
Standalone / View Consolidated
| Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 107 | 78 | 46 | 59 | 74 |
| Inventory Days | 157 | 72 | 51 | 29 | 32 |
| Days Payable | 172 | 76 | 70 | 57 | 55 |
| Cash Conversion Cycle | 92 | 74 | 27 | 30 | 52 |
| Working Capital Days | -22 | 20 | 2 | 13 | 33 |
| ROCE % | 43% | 58% | 55% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Compliance-Certificate under Reg. 74(5) of SEBI (DP) Regulations 2018 for quarter ended September 30, 2026.
-
Intimation Regarding Extension Of Time For Holding The Annual General Meeting For Financial Year Ended March 31, 2026
- ROC granted 2 months 5 days extension for FY26 AGM; company may hold it by December 5, 2026.
- Closure of Trading Window
- Listing of Equity Shares of Raksan Transformers Ltd
Business Overview:[1]
Raksan Transformers Limited is an
ISO 9001:2015-certified manufacturer
of transformers across different voltage
ratings. It entered transformer manufacturing
in FY06 and subsequently established a second manufacturing facility to cater to rising demand. The company has also implemented backward integration through its group company, SHR Powers Private Limited, which manufactures transformer tanks/bodies, helping reduce the dependence on external suppliers and improve cost and supply-chain control.