Transformers & Rectifiers India Ltd
Transformers and Rectifiers (India) Ltd. is a manufacturer of Power, Furnace and Rectifier Transformers. [1]
- Market Cap ₹ 10,142 Cr.
- Current Price ₹ 676
- High / Low ₹ 846 / 142
- Stock P/E 131
- Book Value ₹ 38.9
- Dividend Yield 0.03 %
- ROCE 14.8 %
- ROE 9.33 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 57.2% CAGR over last 5 years
Cons
- Stock is trading at 17.4 times its book value
- Promoter holding has decreased over last quarter: -3.48%
- Company has a low return on equity of 8.25% over last 3 years.
- Company has high debtors of 174 days.
- 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
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
512 | 732 | 553 | 657 | 821 | 716 | 855 | 701 | 742 | 1,158 | 1,396 | 1,291 | 1,461 | |
489 | 690 | 523 | 618 | 733 | 650 | 794 | 649 | 673 | 1,084 | 1,275 | 1,157 | 1,289 | |
Operating Profit | 23 | 42 | 31 | 38 | 87 | 65 | 61 | 51 | 69 | 74 | 121 | 134 | 172 |
OPM % | 5% | 6% | 6% | 6% | 11% | 9% | 7% | 7% | 9% | 6% | 9% | 10% | 12% |
5 | 4 | 3 | 4 | 6 | 6 | 12 | 16 | 9 | 10 | 9 | 6 | 8 | |
Interest | 13 | 26 | 32 | 38 | 42 | 44 | 46 | 46 | 46 | 44 | 48 | 51 | 47 |
Depreciation | 8 | 10 | 13 | 15 | 15 | 16 | 19 | 20 | 19 | 17 | 25 | 25 | 25 |
Profit before tax | 8 | 9 | -11 | -10 | 36 | 11 | 9 | 2 | 13 | 23 | 57 | 64 | 107 |
Tax % | 25% | 35% | -34% | -32% | 34% | 41% | 41% | 44% | 39% | 39% | 26% | 27% | |
5 | 5 | -8 | -7 | 24 | 6 | 5 | 1 | 8 | 14 | 42 | 47 | 80 | |
EPS in Rs | 0.34 | 0.39 | -0.61 | -0.57 | 1.76 | 0.41 | 0.34 | 0.03 | 0.53 | 1.06 | 3.07 | 3.12 | 5.35 |
Dividend Payout % | 21% | 23% | -0% | -0% | -0% | -0% | -0% | -0% | 19% | 14% | 5% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 9% |
3 Years: | 20% |
TTM: | 17% |
Compounded Profit Growth | |
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10 Years: | 24% |
5 Years: | 57% |
3 Years: | 84% |
TTM: | 249% |
Stock Price CAGR | |
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10 Years: | 45% |
5 Years: | 148% |
3 Years: | 179% |
1 Year: | 291% |
Return on Equity | |
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10 Years: | 4% |
5 Years: | 6% |
3 Years: | 8% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 14 |
Reserves | 327 | 330 | 321 | 313 | 312 | 317 | 322 | 323 | 330 | 343 | 381 | 540 |
107 | 170 | 157 | 164 | 209 | 399 | 263 | 308 | 263 | 325 | 330 | 256 | |
188 | 294 | 232 | 299 | 341 | 358 | 281 | 289 | 319 | 428 | 463 | 360 | |
Total Liabilities | 634 | 807 | 723 | 789 | 876 | 1,088 | 880 | 933 | 925 | 1,109 | 1,187 | 1,170 |
154 | 155 | 192 | 185 | 187 | 195 | 201 | 193 | 181 | 168 | 153 | 144 | |
CWIP | 17 | 26 | 11 | 11 | 6 | 12 | 3 | 2 | 0 | 3 | 3 | 5 |
Investments | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 4 |
463 | 626 | 519 | 592 | 682 | 881 | 676 | 738 | 744 | 936 | 1,030 | 1,017 | |
Total Assets | 634 | 807 | 723 | 789 | 876 | 1,088 | 880 | 933 | 925 | 1,109 | 1,187 | 1,170 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-43 | -32 | 93 | 37 | 66 | -102 | 179 | 16 | 96 | 2 | 28 | 29 | |
-37 | -16 | -30 | -5 | -24 | -31 | -8 | -15 | -7 | -8 | 9 | -22 | |
54 | 37 | -50 | -31 | -61 | 145 | -182 | 2 | -93 | 17 | -45 | -10 | |
Net Cash Flow | -27 | -11 | 13 | 0 | -18 | 12 | -11 | 3 | -4 | 11 | -7 | -3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 164 | 191 | 158 | 171 | 166 | 256 | 161 | 218 | 205 | 164 | 166 | 174 |
Inventory Days | 95 | 78 | 147 | 155 | 120 | 182 | 109 | 153 | 147 | 104 | 93 | 109 |
Days Payable | 85 | 136 | 160 | 209 | 149 | 203 | 114 | 161 | 179 | 129 | 118 | 95 |
Cash Conversion Cycle | 174 | 134 | 145 | 117 | 138 | 235 | 156 | 210 | 173 | 139 | 141 | 188 |
Working Capital Days | 192 | 161 | 159 | 134 | 133 | 238 | 146 | 203 | 190 | 145 | 138 | 176 |
ROCE % | 5% | 7% | 4% | 6% | 15% | 9% | 8% | 8% | 9% | 10% | 15% | 15% |
Documents
Announcements
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Certificate Under Regulation 74(5) Of SEBI (Depositories And Participants) Regulations, 2018 For The Quarter Ended 30Th September, 2024
1d - Certificate under Regulation 74(5) for Q2 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the Company has arranged earnings conference call to discuss the Unaudited Standalone and Consolidated Financial Results …
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
2d - Secured orders of ₹565 Crore from Power Grid Corporation.
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Board Meeting Intimation for The Quarter And Half Year Ending On 30Th September, 2024 And Opening Of Trading Window
30 Sep - Board meeting to approve Q2 financial results.
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Closure of Trading Window
25 Sep - Closure of trading window from 1st October 2024.
Annual reports
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Financial Year 2025
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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 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Jul 2024TranscriptPPT
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Jul 2024Transcript PPT REC
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Jul 2024TranscriptNotesPPT
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Apr 2024Transcript PPT
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Jan 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Sep 2020TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Sep 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
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Nov 2016TranscriptNotesPPT
Leadership
<h1>Most preferred Indian Brand, known for manufacturing High Voltage Transformers viz. 220 kV 400 kV, 765 kV, 1200 kV indigenously.[1][2]`</h1>World’s First 420 kV ester fluid filled shunt reactor successfully designed and manufactured at TRIL.