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 ₹ 3,932 Cr.
- Current Price ₹ 3,702
- High / Low ₹ 4,035 / 1,100
- Stock P/E 39.6
- Book Value ₹ 352
- Dividend Yield 0.27 %
- ROCE 40.4 %
- ROE 28.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 71.3% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.4%
- Debtor days have improved from 76.8 to 56.5 days.
Cons
- Stock is trading at 10.5 times its book value
- Promoter holding has decreased over last quarter: -2.82%
- Promoters have pledged 80.3% 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 Industrials
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 157 | 190 | 149 | 220 | 213 | 205 | 206 | 280 | 371 | 503 | 612 | 782 | 846 | |
| 166 | 191 | 152 | 221 | 215 | 203 | 195 | 258 | 335 | 435 | 527 | 653 | 718 | |
| Operating Profit | -9 | -1 | -3 | -1 | -2 | 2 | 11 | 22 | 36 | 68 | 85 | 129 | 128 |
| OPM % | -6% | -0.5% | -2.0% | -0.6% | -1.0% | 0.9% | 5% | 8% | 10% | 14% | 14% | 17% | 15% |
| 17 | 13 | 2 | 5 | 1 | 5 | 3 | 2 | 3 | 7 | 16 | 10 | 13 | |
| Interest | 6 | 2 | 3 | 2 | 2 | 2 | 3 | 7 | 8 | 12 | 11 | 11 | 2 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 5 | 5 |
| Profit before tax | -4 | 4 | -9 | -4 | -8 | 0 | 6 | 12 | 26 | 57 | 86 | 124 | 133 |
| Tax % | 0% | 0% | 24% | 0% | 0% | -1,820% | 1% | 2% | 0% | 18% | 26% | 25% | |
| -4 | 4 | -11 | -4 | -8 | 2 | 6 | 12 | 26 | 47 | 64 | 93 | 99 | |
| EPS in Rs | -3.52 | 3.79 | -10.61 | -3.47 | -7.90 | 1.81 | 5.92 | 11.48 | 24.20 | 44.12 | 60.15 | 87.35 | 93.50 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 11% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 31% |
| 3 Years: | 28% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 71% |
| 3 Years: | 53% |
| TTM: | 29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 34% |
| 5 Years: | 85% |
| 3 Years: | 102% |
| 1 Year: | 94% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 23% |
| 3 Years: | 26% |
| Last Year: | 28% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 140 | 144 | 128 | 123 | 115 | 116 | 123 | 134 | 160 | 207 | 270 | 363 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 11 | 5 | 8 | 5 | |
| 57 | 59 | 64 | 75 | 69 | 77 | 55 | 94 | 121 | 164 | 150 | 178 | |
| Total Liabilities | 207 | 214 | 202 | 209 | 195 | 203 | 188 | 240 | 303 | 386 | 438 | 557 |
| 66 | 62 | 54 | 50 | 52 | 48 | 44 | 41 | 44 | 49 | 50 | 75 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 6 | 12 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 141 | 152 | 148 | 159 | 143 | 155 | 144 | 197 | 258 | 337 | 383 | 470 | |
| Total Assets | 207 | 214 | 202 | 209 | 195 | 203 | 188 | 240 | 303 | 386 | 438 | 557 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -13 | -3 | -12 | 4 | 17 | -14 | 8 | 22 | -4 | 32 | 55 | 57 | |
| -0 | 8 | -1 | -1 | -1 | -2 | -3 | -9 | -15 | -12 | -18 | -53 | |
| 19 | 0 | -1 | -0 | -0 | -0 | -0 | -0 | 9 | -8 | 1 | -5 | |
| Net Cash Flow | 5 | 6 | -14 | 2 | 16 | -16 | 5 | 13 | -9 | 12 | 39 | -1 |
| Free Cash Flow | -14 | 8 | -14 | 3 | 17 | -16 | 7 | 18 | -12 | 24 | 40 | 23 |
| CFO/OP | 137% | 270% | 400% | -311% | -856% | -756% | 28% | 100% | -12% | 67% | 87% | 68% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 121 | 124 | 146 | 132 | 106 | 131 | 123 | 106 | 127 | 101 | 73 | 56 |
| Inventory Days | 117 | 88 | 162 | 91 | 79 | 113 | 92 | 98 | 102 | 126 | 114 | 131 |
| Days Payable | 97 | 101 | 127 | 116 | 101 | 134 | 96 | 130 | 123 | 88 | 40 | 38 |
| Cash Conversion Cycle | 141 | 111 | 181 | 107 | 84 | 110 | 118 | 75 | 106 | 139 | 147 | 149 |
| Working Capital Days | 150 | 123 | 168 | 110 | 67 | 105 | 112 | 74 | 80 | 79 | 73 | 75 |
| ROCE % | 1% | -3% | -4% | -1% | -5% | 2% | 7% | 14% | 21% | 34% | 38% | 40% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- Indo Tech Transformers received ₹55 crore LoA from Waaree Renewable for 5 transformers, execution by April 2027.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- Indo Tech Transformers won ₹55 crore order from Waaree Renewable Technologies for five transformers, to execute by April 2027.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Intimation of newspaper publication on Intimation of AGM Notice and Date, Record Date, Book Closure and Cut-off Date for E-Voting dated August 27, 2026 in …
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Reg. 34 (1) Annual Report.
- FY2025-26 annual report and 34th AGM notice circulated on August 27, 2026.
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Intimation Of Date Of The AGM, Record Date, Book Closure And Cut-Off Date For E-Voting
- 34th AGM on Sept 23, 2026; record date Sept 16; book closure Sept 17-23; e-voting Sept 20-22.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2012
from nse
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]