Transformers & Key Ratios
NSE: TARIL | BSE: 532928
₹308.40
As on 02-Nov-2026IST
Market cap
₹9,263 Cr
Revenue (TTM)
₹2,831 Cr
P/E Ratio
30.4
P/B Ratio
5.6
Div. Yield
0.1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 29.20 | 60.74 | 27.23 | 33.78 | 24.77 |
| EBIT | 40.49 | 174.69 | 33.40 | 94.41 | 49.26 |
| Net Profit | 29.71 | 135.33 | 22.96 | 195.32 | 83.13 |
| EPS | 29.71 | 135.32 | 21.70 | 183.37 | 78.64 |
| 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 | 15.42 | 14.09 | 14.90 |
| Net Margin
| 7.29 | 5.81 | 10.88 | 10.60 | 10.56 |
| Return on equity
| 15.81 | 13.80 | 19.22 | 19.75 | 23.96 |
| Return on Capital
| 20.38 | 18.52 | -- | 23.62 | 28.61 |
| Return on Assets
| 8.49 | 6.67 | 11.58 | 11.29 | 12.97 |
| Debt to Equity (x)
| -- | -- | 0.08 | 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
|
--
|
24.10
|
39.55
|
--
|
--
|
ROE
19.22
Higher than Peers by 0.65
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
19.22
|
19.75
|
23.96
|
9.91
|
11.28
|
|
Peer Median
|
18.58
|
20.13
|
32.51
|
--
|
--
|
ROA
11.58
Higher than Peers by 0.55
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
11.58
|
11.29
|
12.97
|
4.00
|
3.69
|
|
Peer Median
|
11.03
|
15.95
|
16.60
|
--
|
--
|
EBIT Margin
15.42
Higher than Peers by 1.63
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
15.42
|
14.09
|
14.90
|
8.47
|
6.90
|
|
Peer Median
|
13.78
|
18.51
|
--
|
--
|
--
|
Net Margin
10.88
Higher than Peers by 1.13
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
10.88
|
10.60
|
10.56
|
3.62
|
3.02
|
|
Peer Median
|
9.75
|
11.35
|
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
27.23
Lower than Peers by 13.43
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
27.23
|
24.29
|
56.23
|
-7.49
|
20.48
|
|
Peer Median
|
40.66
|
58.93
|
--
|
--
|
--
|
EBIT Growth
33.40
Lower than Peers by 25.32
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
33.40
|
17.56
|
174.74
|
13.52
|
68.80
|
|
Peer Median
|
58.72
|
68.14
|
--
|
--
|
--
|
Net Profit Growth
22.96
Lower than Peers by 32.50
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
22.96
|
25.75
|
360.44
|
11.01
|
196.54
|
|
Peer Median
|
55.46
|
78.88
|
--
|
--
|
--
|
EPS Growth
21.70
Lower than Peers by 0.25
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
21.70
|
23.39
|
357.36
|
1.56
|
191.24
|
|
Peer Median
|
21.95
|
82.56
|
--
|
--
|
--
|
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
0.08
Higher than Peers by 0.08
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
0.08
|
0.30
|
0.23
|
0.46
|
0.84
|
|
Peer Median
|
0.00
|
0.10
|
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
1.70
Lower than Peers by 1.67
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
1.70
|
1.82
|
1.74
|
1.83
|
1.40
|
|
Peer Median
|
3.36
|
2.50
|
1.85
|
--
|
--
|
Quick Ratio
1.08
Lower than Peers by 1.17
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
1.08
|
1.22
|
1.19
|
1.32
|
1.02
|
|
Peer Median
|
2.24
|
3.52
|
--
|
--
|
--
|
Interest Coverage
8.48
Lower than Peers by 12.79
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
8.48
|
8.11
|
6.63
|
2.27
|
2.19
|
|
Peer Median
|
21.26
|
14.45
|
11.61
|
--
|
--
|
Operating Efficiency
Debtors to sales
29.57
Lower than Peers by 5.74
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
29.57
|
35.40
|
23.24
|
47.57
|
45.52
|
|
Peer Median
|
35.32
|
40.59
|
--
|
--
|
--
|
Asset Turnover
1.05
Lower than Peers by 0.00
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
|
1.05
|
1.20
|
--
|
--
|
--
|
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
30.43
Lower than Peers by 1.14
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 &
|
30.43
|
28.90
|
75.09
|
63.40
|
9.34
|
|
Peer Median
|
31.57
|
31.57
|
44.26
|
--
|
--
|
Price / Book Value
5.60
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 &
|
5.60
|
5.08
|
12.85
|
10.18
|
1.93
|
|
Peer Median
|
5.60
|
5.60
|
3.90
|
--
|
--
|
Dividend Yield
0.08
Higher than Peers by 0.01
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 &
|
0.08
|
0.10
|
0.04
|
0.05
|
0.26
|
|
Peer Median
|
0.07
|
--
|
--
|
--
|
--
|
EV/EBITDA
19.08
--
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 &
|
19.08
|
17.92
|
45.11
|
41.96
|
8.24
|
|
Peer Median
|
--
|
26.69
|
30.03
|
--
|
--
|
Market Cap
9,263
No difference
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Transformers &
|
9,263
|
7,640
|
16,089
|
5,642
|
761
|
|
Peer Median
|
9,263
|
3,809
|
2,098
|
--
|
--
|