Indo Tech Transformers Ltd
Indo Tech Transformers Ltd. is engaged in the business of manufacturing power and distribution transformers and various special application transformers, mobile substation transformers and substations. [1]
- Market Cap ₹ 2,417 Cr.
- Current Price ₹ 2,276
- High / Low ₹ 3,793 / 1,481
- Stock P/E 37.8
- Book Value ₹ 264
- Dividend Yield 0.00 %
- ROCE 34.5 %
- ROE 25.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 102% CAGR over last 5 years
- Debtor days have improved from 100 to 73.1 days.
Cons
- Stock is trading at 8.61 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoters have pledged 77.8% of their holding.
* 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
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 9m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
94 | 157 | 190 | 149 | 220 | 213 | 205 | 206 | 280 | 371 | 504 | 612 | |
109 | 166 | 191 | 152 | 221 | 215 | 203 | 195 | 258 | 335 | 435 | 536 | |
Operating Profit | -15 | -9 | -1 | -3 | -1 | -2 | 2 | 11 | 22 | 36 | 68 | 76 |
OPM % | -16% | -6% | -0% | -2% | -1% | -1% | 1% | 5% | 8% | 10% | 14% | 12% |
11 | 17 | 13 | 2 | 5 | 1 | 5 | 3 | 2 | 3 | 6 | 16 | |
Interest | 12 | 6 | 2 | 3 | 2 | 2 | 2 | 3 | 7 | 8 | 12 | 2 |
Depreciation | 3 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 4 |
Profit before tax | -19 | -4 | 4 | -9 | -4 | -8 | 0 | 6 | 12 | 26 | 57 | 86 |
Tax % | 0% | 0% | 0% | 24% | 0% | 0% | -1,820% | 1% | 2% | 0% | 18% | 26% |
-19 | -4 | 4 | -11 | -4 | -8 | 2 | 6 | 12 | 26 | 47 | 64 | |
EPS in Rs | -17.70 | -3.52 | 3.79 | -10.61 | -3.47 | -7.90 | 1.81 | 5.92 | 11.48 | 24.20 | 44.12 | 60.15 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 24% |
3 Years: | 30% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | 34% |
5 Years: | 102% |
3 Years: | 74% |
TTM: | 36% |
Stock Price CAGR | |
---|---|
10 Years: | 30% |
5 Years: | 100% |
3 Years: | 130% |
1 Year: | 49% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 18% |
3 Years: | 23% |
Last Year: | 26% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | -4 | 140 | 144 | 128 | 123 | 115 | 116 | 123 | 134 | 160 | 207 | 270 |
125 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 11 | 5 | 8 | |
52 | 57 | 59 | 64 | 75 | 69 | 77 | 55 | 94 | 121 | 164 | 147 | |
Total Liabilities | 184 | 207 | 214 | 202 | 209 | 195 | 203 | 188 | 240 | 303 | 386 | 436 |
71 | 66 | 62 | 54 | 50 | 52 | 48 | 44 | 41 | 44 | 49 | 50 | |
CWIP | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 6 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
112 | 141 | 152 | 148 | 159 | 143 | 155 | 144 | 197 | 258 | 337 | 380 | |
Total Assets | 184 | 207 | 214 | 202 | 209 | 195 | 203 | 188 | 240 | 303 | 386 | 436 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-32 | -13 | -3 | -12 | 4 | 17 | -14 | 8 | 22 | -4 | 32 | 56 | |
-3 | -0 | 8 | -1 | -1 | -1 | -2 | -3 | -9 | -15 | -12 | -18 | |
34 | 19 | 0 | -1 | -0 | -0 | -0 | -0 | -0 | 9 | -8 | 1 | |
Net Cash Flow | -1 | 5 | 6 | -14 | 2 | 16 | -16 | 5 | 13 | -9 | 12 | 39 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 172 | 121 | 124 | 146 | 132 | 106 | 131 | 123 | 106 | 127 | 101 | 73 |
Inventory Days | 151 | 117 | 88 | 162 | 91 | 79 | 113 | 92 | 98 | 102 | 126 | 112 |
Days Payable | 148 | 97 | 101 | 127 | 116 | 101 | 134 | 96 | 130 | 123 | 88 | 52 |
Cash Conversion Cycle | 176 | 141 | 111 | 181 | 107 | 84 | 110 | 118 | 75 | 106 | 139 | 133 |
Working Capital Days | 182 | 150 | 123 | 168 | 110 | 67 | 105 | 112 | 75 | 90 | 80 | 73 |
ROCE % | 1% | -3% | -4% | -1% | -5% | 2% | 7% | 14% | 21% | 34% | 34% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
10h - Secretarial compliance report confirming full regulatory adherence for FY ending March 31, 2025.
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Newspaper Clippings Of Published Audited Financial Results For The Quarter And Financial Year Ended 2024-25
10h - Publication of Indo-Tech Transformers Q4 and FY25 financial results in newspapers and website.
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Appointment of Company Secretary and Compliance Officer
2d - Appointment of Mr. Karthick D as Compliance Officer and Key Managerial Personnel effective March 27, 2025.
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Announcement under Regulation 30 (LODR)-Change in Directorate
2d - Appointment of Mr. M. Purushothaman as CEO and Whole-Time Director for 3 years from May 20, 2025.
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Announcement Under Reg 30 - Appointment Of Senior Management Personnel And Key Managerial Personnel
2d - Appointment of Dayanand Ramakrishnan as COO effective May 20, 2025.
Annual reports
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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
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Company Overview
Indo Tech Transformers Limited is engaged in the business of manufacturing Power, Distribution, Inverter, Convertor special application transformers, catering to various industries like Transmission, Generation, Hydro, Wind, Solar, Steel, Cement, Textiles, Utilities, DESCOMS, etc. Over 56000 Transformers of different ratings up to 245 KV are in service in various Substations and Industries across India and around the world. [1]