Transformers & Rectifiers India Share Price ₹315

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Transformers & Rectifiers India Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	438	156	257	369	513	322	462	559	676	529	460	737	783
Expenses +	406	151	237	331	441	280	392	475	545	441	409	612	664
Operating Profit	33	4	20	38	72	42	69	85	131	88	52	125	118
OPM %	7%	3%	8%	10%	14%	13%	15%	15%	19%	17%	11%	17%	15%
Other Income +	1	1	1	2	1	4	12	9	10	20	14	4	22
Interest	12	15	12	13	11	12	10	14	15	10	13	13	14
Depreciation	7	6	6	6	6	7	6	6	7	8	7	8	7
Profit before tax	15	-15	3	21	56	28	64	74	119	90	45	108	119
Tax %	35%	-20%	37%	24%	26%	25%	28%	25%	21%	25%	18%	30%	24%
Net Profit +	10	-12	2	16	42	21	46	55	94	67	37	76	91
EPS in Rs	0.34	-0.48	0.06	0.55	1.40	0.67	1.51	1.82	3.14	2.24	1.13	2.46	2.97

Financials of Transformers & Rectifiers India Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	553	657	821	716	855	701	742	1,158	1,396	1,291	2,017	2,509
Expenses +	523	618	733	650	794	649	673	1,084	1,275	1,157	1,689	2,126
Operating Profit	31	38	87	65	61	51	69	74	121	134	327	383
OPM %	6%	6%	11%	9%	7%	7%	9%	6%	9%	10%	16%	15%
Other Income +	3	4	6	6	12	16	9	10	9	6	35	61
Interest	32	38	42	44	46	46	46	44	48	51	51	51
Depreciation	13	15	15	16	19	20	19	17	25	25	27	30
Profit before tax	-11	-10	36	11	9	2	13	23	57	64	285	363
Tax %	-34%	-32%	34%	41%	41%	44%	39%	39%	26%	27%	24%	25%
Net Profit +	-8	-7	24	6	5	1	8	14	42	47	216	272
EPS in Rs	-0.30	-0.28	0.88	0.20	0.17	0.02	0.27	0.53	1.54	1.56	7.14	8.81
Dividend Payout %	0%	0%	0%	0%	0%	0%	19%	14%	5%	6%	3%	3%

Financials of Transformers & Rectifiers India Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	13	13	13	13	13	13	13	13	13	14	30	30
Reserves	321	313	312	317	322	323	330	343	381	540	1,222	1,485
Borrowings +	157	164	209	399	263	308	263	325	330	256	283	457
Other Liabilities +	232	299	341	358	281	289	319	428	463	359	652	694
Total Liabilities	723	789	876	1,088	880	933	925	1,109	1,187	1,170	2,187	2,666
Fixed Assets +	192	185	187	195	201	193	181	168	153	144	251	250
CWIP	11	11	6	12	3	2	0	3	3	5	62	138
Investments	0	0	0	0	0	0	0	1	1	4	268	184
Other Assets +	519	592	682	881	676	738	744	936	1,030	1,017	1,605	2,093
Total Assets	723	789	876	1,088	880	933	925	1,109	1,187	1,170	2,187	2,666

Financials of Transformers & Rectifiers India Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	93	37	66	-102	179	16	96	2	28	29	157	-105
Cash from Investing Activity +	-30	-5	-24	-31	-8	-15	-7	-8	9	-22	-625	-7
Cash from Financing Activity +	-50	-31	-61	145	-182	2	-93	17	-45	-10	472	116
Net Cash Flow	13	0	-18	12	-11	3	-4	11	-7	-3	4	3
Free Cash Flow	61	29	55	-132	163	7	91	-6	19	14	-75	-215
CFO/OP	310%	100%	78%	-152%	296%	37%	140%	4%	34%	38%	58%	2%

Financials of Transformers & Rectifiers India Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	158	171	166	256	161	218	205	164	166	174	85	129
Inventory Days	147	155	120	182	109	153	147	104	93	109	118	133
Days Payable	160	209	149	203	114	161	179	129	118	95	109	62
Cash Conversion Cycle	145	117	138	235	156	210	173	139	141	188	94	199
Working Capital Days	76	77	63	57	55	73	94	60	68	119	34	102
ROCE %	4%	6%	15%	9%	8%	8%	9%	10%	15%	15%	28%	23%