Transformers & Key Ratios
NSE: TARIL | BSE: 532928
₹282.70
As on 22-Sep-2026 09:34IST
Market cap
₹8,355 Cr
Revenue (TTM)
₹2,552 Cr
P/E Ratio
32.3
P/B Ratio
5.3
Div. Yield
0.1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -26.87 | 8.13 | 14.60 | 26.84 | 24.76 |
| EBIT | -22.38 | 7.29 | 3.88 | 67.95 | 44.50 |
| Net Profit | -31.09 | -8.66 | -0.15 | 128.37 | 80.94 |
| EPS | -31.09 | -8.66 | -1.13 | 119.13 | 76.51 |
| Book Value | -- | -- | 20.18 | 49.95 | 31.11 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 11.03 | 9.86 | 14.07 | 14.09 | 14.90 |
| Net Margin
| 7.29 | 5.81 | 10.31 | 10.60 | 10.56 |
| Return on equity
| 15.81 | 13.80 | 18.08 | 19.75 | 23.96 |
| Return on Capital
| 20.38 | 18.52 | -- | 23.62 | 28.61 |
| Return on Assets
| 8.49 | 6.67 | 11.09 | 11.29 | 12.97 |
| Debt to Equity (x)
| -- | -- | 0.04 | 0.30 | 0.23 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
--
|
23.62
|
28.61
|
15.02
|
14.97
|
|
Peer Median
|
--
|
26.08
|
39.55
|
--
|
--
|
ROE
18.08
Lower than Peers by 0.41
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
18.08
|
19.75
|
23.96
|
9.91
|
11.28
|
|
Peer Median
|
18.49
|
21.21
|
32.51
|
--
|
--
|
ROA
11.09
No difference
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
11.09
|
11.29
|
12.97
|
4.00
|
3.69
|
|
Peer Median
|
11.09
|
16.02
|
16.60
|
--
|
--
|
EBIT Margin
14.07
Higher than Peers by 1.05
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
14.07
|
14.09
|
14.90
|
8.47
|
6.90
|
|
Peer Median
|
13.02
|
17.05
|
--
|
--
|
--
|
Net Margin
10.31
Higher than Peers by 0.94
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
10.31
|
10.60
|
10.56
|
3.62
|
3.02
|
|
Peer Median
|
9.37
|
11.93
|
11.38
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
--
|
12.04
|
12.05
|
5.54
|
4.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
14.60
Lower than Peers by 27.02
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
14.60
|
24.29
|
56.23
|
-7.49
|
20.48
|
|
Peer Median
|
41.62
|
54.22
|
--
|
--
|
--
|
EBIT Growth
3.88
Lower than Peers by 55.35
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
3.88
|
17.56
|
174.74
|
13.52
|
68.80
|
|
Peer Median
|
59.23
|
71.48
|
--
|
--
|
--
|
Net Profit Growth
-0.15
Lower than Peers by 56.69
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
-0.15
|
25.75
|
360.44
|
11.01
|
196.54
|
|
Peer Median
|
56.54
|
64.30
|
--
|
--
|
--
|
EPS Growth
-1.13
Lower than Peers by 22.91
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
-1.13
|
23.39
|
357.36
|
1.56
|
191.24
|
|
Peer Median
|
21.78
|
48.31
|
--
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
--
|
20.18
|
125.81
|
40.67
|
10.54
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.04
Higher than Peers by 0.03
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
0.04
|
0.30
|
0.23
|
0.46
|
0.84
|
|
Peer Median
|
0.01
|
0.09
|
0.12
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
--
|
0.25
|
0.14
|
0.34
|
0.64
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.82
Lower than Peers by 2.22
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
1.82
|
1.82
|
1.74
|
1.83
|
1.40
|
|
Peer Median
|
4.03
|
3.01
|
1.85
|
--
|
--
|
Quick Ratio
1.22
Lower than Peers by 1.15
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
1.22
|
1.22
|
1.19
|
1.32
|
1.02
|
|
Peer Median
|
2.37
|
4.18
|
--
|
--
|
--
|
Interest Coverage
7.51
Lower than Peers by 15.41
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
7.51
|
8.11
|
6.63
|
2.27
|
2.19
|
|
Peer Median
|
22.91
|
17.64
|
11.61
|
--
|
--
|
Operating Efficiency
Debtors to sales
34.77
Lower than Peers by 0.85
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
34.77
|
35.40
|
23.24
|
47.57
|
45.52
|
|
Peer Median
|
35.62
|
149.46
|
--
|
--
|
--
|
Asset Turnover
1.05
Lower than Peers by 0.02
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
1.05
|
1.04
|
1.21
|
1.10
|
1.22
|
|
Peer Median
|
1.07
|
1.47
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
--
|
98.65
|
97.87
|
176.11
|
151.25
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
--
|
77.14
|
65.04
|
77.00
|
69.71
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
--
|
75.54
|
86.04
|
115.63
|
114.47
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
--
|
100.25
|
76.87
|
137.48
|
106.49
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
32.31
Lower than Peers by 0.75
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
32.31
|
28.90
|
75.09
|
63.40
|
9.34
|
|
Peer Median
|
33.06
|
33.76
|
44.26
|
--
|
--
|
Price / Book Value
5.33
No difference
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
5.33
|
5.08
|
12.85
|
10.18
|
1.93
|
|
Peer Median
|
5.33
|
5.56
|
3.90
|
--
|
--
|
Dividend Yield
0.09
Higher than Peers by 0.02
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
0.09
|
0.10
|
0.04
|
0.05
|
0.26
|
|
Peer Median
|
0.07
|
0.03
|
--
|
--
|
--
|
EV/EBITDA
19.48
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
19.48
|
17.92
|
45.11
|
41.96
|
8.24
|
|
Peer Median
|
--
|
27.94
|
30.03
|
--
|
--
|
Market Cap
8,355
Higher than Peers by 1,476
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
8,355
|
7,640
|
16,089
|
5,642
|
761
|
|
Peer Median
|
6,879
|
3,928
|
2,098
|
--
|
--
|