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 ₹ 1,979 Cr.
- Current Price ₹ 1,865
- High / Low ₹ 3,793 / 1,525
- Stock P/E 25.6
- Book Value ₹ 264
- Dividend Yield 0.00 %
- ROCE 37.8 %
- ROE 25.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- 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 7.06 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoters have pledged or encumbered 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
Industrials Capital Goods Electrical Equipment Heavy Electrical 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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
94 | 157 | 190 | 149 | 220 | 213 | 205 | 206 | 280 | 371 | 503 | 612 | 694 | |
109 | 166 | 191 | 152 | 221 | 215 | 203 | 195 | 258 | 335 | 435 | 527 | 602 | |
Operating Profit | -15 | -9 | -1 | -3 | -1 | -2 | 2 | 11 | 22 | 36 | 68 | 85 | 92 |
OPM % | -16% | -6% | -0% | -2% | -1% | -1% | 1% | 5% | 8% | 10% | 14% | 14% | 13% |
11 | 17 | 13 | 2 | 5 | 1 | 5 | 3 | 2 | 3 | 7 | 16 | 17 | |
Interest | 12 | 6 | 2 | 3 | 2 | 2 | 2 | 3 | 7 | 8 | 12 | 11 | 2 |
Depreciation | 3 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 5 |
Profit before tax | -19 | -4 | 4 | -9 | -4 | -8 | 0 | 6 | 12 | 26 | 57 | 86 | 103 |
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 | 77 | |
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 | 72.65 |
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: | 41% |
Compounded Profit Growth | |
---|---|
10 Years: | 34% |
5 Years: | 102% |
3 Years: | 74% |
TTM: | 57% |
Stock Price CAGR | |
---|---|
10 Years: | 29% |
5 Years: | 79% |
3 Years: | 117% |
1 Year: | -2% |
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 | 150 | |
Total Liabilities | 184 | 207 | 214 | 202 | 209 | 195 | 203 | 188 | 240 | 303 | 386 | 438 |
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 | 383 | |
Total Assets | 184 | 207 | 214 | 202 | 209 | 195 | 203 | 188 | 240 | 303 | 386 | 438 |
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 | 114 |
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 | 135 |
Working Capital Days | -306 | 150 | 123 | 168 | 110 | 67 | 105 | 112 | 74 | 80 | 79 | 73 |
ROCE % | 1% | -3% | -4% | -1% | -5% | 2% | 7% | 14% | 21% | 34% | 38% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
18 Aug - Dr. Sutanu Behuria ceased as Independent Director effective close of business August 18, 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Aug - Of newspaper publication on quarterly financial results in Financial Express and Makkal Kural on August 15, 2025
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Rumour verification - Regulation 30(11)
14 Aug - Company clarifies false news on stake increase; only additional pledge of 100,000 shares made.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 13 Aug
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 13 Aug
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
from nse
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Financial Year 2012
from bse
Company Overview
Indo Tech offers a wide array of transformer solutions, including Transformers, large power transformers, distribution transformers, and skid-mounted substations. It also manufactures inverters and converter transformers designed for special applications. It serves diverse industries, ranging from power and energy to steel, cement, textiles, and renewable energy sectors, including hydro, wind, and solar. [1]