IP
IndiaPulse

TARIL

Large Cap

Transformers And Rectifiers (India) Limited

Industrials

Transformers And Rectifiers (India) Limited operates in Transformers, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹320
+10.40 · +3.36%
Quote09 Jun, 10:02 am
Fundamentals08 Jun 2026 · screener
Score08 Jun, 11:00 pm · v4.2-nightly
Tags02 May 2026
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Mixed fundamentals, management trust is supportive, price trend is neutral, and recent execution is mixed.

Suggested next step
Research, do not rush
The four lenses are not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
FAIR VALUE
53

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Healthy Trust
76

low confidence · 0/0 claims checked

Technical
Neutral
54

Timing lens: price trend and sector relative strength.

Result consistency
stable
67

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 31 Mar 2026

Bad · 2/100

PAT -3% YoY · margin compression · Rev +16% YoY · +6% QoQ

Filed 31 Mar 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹783 Cr+15.8%+6.2%
EBITDA₹118 Cr-9.9%-5.6%
Operating margin15.0%-400 bps-200 bps
PAT₹91 Cr-3.2%+19.7%
PAT margin11.6%-229 bps+131 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business and thesis

Issuer presentation review pending

Transformers And Rectifiers (India) Limited operates in Transformers, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Technical timing lens

Trend score and candlestick chart

54Neutral

SMA20 +12.2% / mo

Stock trend: 57
Sector RS: 51
Sector 3M: +0.4% vs Nifty +0.1%

Technical chart

TARILdaily · 5Y+13.2%
Latest close ₹319.50 on 2026-06-09
Bar
+2.4%
RSI
54
MACD hist
0.05
52W pos
71%
Hover for OHLC, volume, and indicators. Use range buttons above the chart to zoom.
₹217₹254₹291₹328₹36552H52L2025-122026-03Vol2025-112026-012026-022026-042026-06
Up bar
Down bar
Volume
Result date
SMA 50
RSI(14)

Technical trend read

Mixed signals

Signals are conflicting — long-term trend unclear. RSI 54. Wait for confirmation.

  • SMA20 falling (~3.7% over last month) — short-term momentum negative.
  • RSI(14) at 54 — rising, no extreme reading.
  • MACD above signal, histogram expanding — bullish momentum building.
  • 11% off 52W high · 43% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Deep research

Valuation, score drivers, trust methodology, financials, and peers

Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.

53U-SCORE
FAIR_VALUE

Fundamental score breakdown

FAIR VALUE
Valuation4/30
Growth20/25
Quality14/20
Balance Sheet9/15
Cash Flow3/10
Piotroski
6/9 (+3)
Penalties
0
Raw sum
53

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

53/100 · FAIR VALUE

Positive drivers

  • Fair-value margin of safety is positive at 19.3%.
  • Growth contributes 20/25 to the score.
  • Quality contributes 14/20 to the score.

Main drags

  • Valuation is weaker at 4/30; verify the latest quarterly trend.
  • Cash flow is weaker at 3/10; verify the latest quarterly trend.
  • Balance sheet is weaker at 9/15; verify the latest quarterly trend.
Sector valuation model

Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks

For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.

Blended relative
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
35.2
PB
6.1
EV/EBITDA
23.6
ROE
19.1%
ROCE
23.3%
FCF Yield
Debt/Equity
0.3
MoS
+19.3%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 08 Jun 2026
v4.2-nightly
Final score
53
Previous: 53
Verdict
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+19.3%
Previous: +22.0%

Score history

12 stored score snapshots. Latest stored move: +0 points.

08 Jun 2026
v4.2-nightly
53
53
53
53
53
53
53
53
53
53
53
53

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Trust Score
76Healthy Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Healthy Trust: Claim history is still being built. It ranks around the 82nd percentile of the scored universe and 80th percentile within Industrials. Main check: cash conversion is weak at 52/100.

High Trust Lite: Promoter holding is 64.4%. Key concern: Operating cash flow is negative at ₹-105 Cr.

Computed 08 Jun 2026
management-trust-v1
114 docs indexed · 33 concall links
Score band
Healthy Trust

Generally investable credibility. Look for weak sub-scores before increasing position size.

Relative rank
82nd percentile

overall median 67 · Industrials: 80th pctile, median 68 · Large: 63rd pctile, median 74

Evidence depth
Financial-only

114 documents indexed, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Healthy Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
86
strong · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
90
strong · capital discipline
Results
67
acceptable · quarterly consistency

Trust positives

  • Promoter holding is 64.4%.
  • Promoter pledge is zero.
  • 8 years of positive FCF.
  • ROCE is 23.3%.

Trust risks

  • Operating cash flow is negative at ₹-105 Cr.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Intrinsic value

Graham Number
₹100.05
-219.8% MoS
DCF Fair PE
45.0
DCF Fair Value
₹396.45
+19.3% MoS
PEG
0.36

Fundamentals

Valuation

P/E
35.20
P/B
6.14
EV/EBITDA
23.62
Market Cap
9297.00Cr

Profitability

ROE
19.10%
ROCE
23.30%
ROA
10.20%
Dividend Y
0.06%

Growth (CAGR)

Revenue 5Y
28.00%
EPS 5Y
106.00%
Revenue 3Y
22.00%
EPS 3Y
87.00%

Balance Sheet

Debt/Equity
0.30
Interest Coverage
7.51×
Altman Z
7.25
Book Value
50.50

Cash Flow

FCF Yield
FCF Positive Y
8/5
OCF
-105.00 Cr
EPS TTM
8.81

Shareholding

Promoter Hold
64.36%
Promoter Pledge
0.00%
Momentum 52W
24%

Financial History

Updated 9/6/2026

Revenue

₹ Cr
Latest: 2,509+94.3% vs prev
02509Mar 2016: 657Mar 2017: 821Mar 2018: 716Mar 2019: 855Mar 2020: 701Mar 2021: 742Mar 2022: 1,158Mar 2023: 1,396Mar 2024: 1,291Mar 2025: 2,509FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

Net Profit

₹ Cr
Latest: 216+359.6% vs prev
-7.00216.0Mar 2016: -7.0Mar 2017: 24.0Mar 2018: 6.0Mar 2019: 5.0Mar 2020: 1.0Mar 2021: 8.0Mar 2022: 14.0Mar 2023: 42.0Mar 2024: 47.0Mar 2025: 216FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

Return on Equity

%
Latest: 17.3+103.4% vs prev
-2.1017.3Mar 2016: -2.1%Mar 2017: 7.4%Mar 2018: 1.8%Mar 2019: 1.5%Mar 2020: 0.3%Mar 2021: 2.3%Mar 2022: 3.9%Mar 2023: 10.7%Mar 2024: 8.5%Mar 2025: 17.3%FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.