Transformers & Rectifiers India Ltd
Transformers and Rectifiers (India) Ltd. is a manufacturer of Power, Furnace and Rectifier Transformers. [1]
- Market Cap ₹ 11,402 Cr.
- Current Price ₹ 760
- High / Low ₹ 846 / 83.6
- Stock P/E 148
- 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 19.5 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 | |
---|---|
10 Years: | 24% |
5 Years: | 57% |
3 Years: | 84% |
TTM: | 249% |
Stock Price CAGR | |
---|---|
10 Years: | 44% |
5 Years: | 138% |
3 Years: | 182% |
1 Year: | 754% |
Return on Equity | |
---|---|
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
- Announcement under Regulation 30 (LODR)-Newspaper Publication 20 Jul
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
20 Jul - The audio recording of the Conference Call with analysts and investors held on 19th July, 2024, to discuss Unaudited Standalone and Consolidated Financial Results of …
- Outcome Of Meeting Of Board Of Director And Submission Of Unaudited Standalone And Consolidated Financial Results Along With Limited Review Report For The Quarter Ended 30Th June, 2024 19 Jul
- Announcement under Regulation 30 (LODR)-Investor Presentation 19 Jul
- Board Meeting Outcome for Outcome Of Meeting Of Board Of Director And Submission Of Unaudited Standalone And Consolidated Financial Results Along With Limited Review Report For The Quarter Ended 30Th June, 2024 19 Jul
Annual reports
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Financial Year 2025
from bse
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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
from nse
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Financial Year 2012
from bse
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Financial Year 2011
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Financial Year 2011
from nse
Concalls
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Jul 2024TranscriptNotesPPT REC
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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.