Transformers And Rectifiers (India) Limited Q3 FY26 earnings call summary

Earnings call of 8 Jan 2026, summarised by AI from the filing.

TARIL Q3 FY26 standalone revenue ₹704 cr, EBITDA ₹114 cr; guides FY26 revenue ~₹2,600 cr and EBITDA margin 16-17%.

Key takeaways

1. FY26 guidance Revenue ~₹2,600 cr and EBITDA margin 16-17% for FY26.
2. Order book ₹5,500 cr now; targeting ₹8,000 cr by close of this year.
3. Backward integration Six facilities; CTC Q1 FY27, Press Board Q3 FY27, RIP bushing Q4 FY27.
4. World Bank No debarment; reply filed, settlement expected in 2-3 weeks.

Original filing on BSE

Transformers And Rectifiers (India) Limited Q1 FY27 results

As filed: Revenue ₹572 cr (+8% year on year), EBITDA ₹93.3 cr (+6% year on year), PAT ₹64.3 cr (−4% year on year), EBITDA margin 16.3% (−33 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹783 cr (+16% year on year), EBITDA ₹118 cr (−10% year on year), PAT ₹91.4 cr (−3% year on year), EBITDA margin 15.1% (−424 bps). Score 35 of 100, Below trend. EBITDA margin fell 424 bps year on year. Not enough history for a trend yet: scored on growth alone. Share price after the results: −8.2% in 30 days (Nifty 500: −1.9%).
• Q3 FY26: Revenue ₹737 cr (+32% year on year), EBITDA ₹125 cr (+47% year on year), PAT ₹76.0 cr (+38% year on year), EBITDA margin 17.0% (+176 bps). Score 85 of 100, Above trend. EBITDA margin rose 176 bps year on year. Not enough history for a trend yet: scored on growth alone. Share price after the results: −22.8% in 29 days (Nifty 500: −2.4%).
• Q2 FY26: Revenue ₹460 cr (0% year on year), EBITDA ₹51.0 cr (−25% year on year), PAT ₹37.0 cr (−20% year on year), EBITDA margin 11.1% (−363 bps). Score 8 of 100, Below trend. EBITDA margin fell 363 bps year on year. Other income 31% of PBT. Not enough history for a trend yet: scored on growth alone. Revenue fell 13% from last quarter. Share price after the results: −38.7% in 30 days (Nifty 500: 0.0%).
• Q1 FY26: Revenue ₹511 cr, EBITDA ₹80.0 cr, PAT ₹60.0 cr, EBITDA margin 15.7%. Not scored. No result for the same quarter last year. Share price after the results: −4.1% in 28 days (Nifty 500: −2.0%).
• Q4 FY25: Revenue ₹647 cr, EBITDA ₹103 cr, PAT ₹77.0 cr, EBITDA margin 15.9%. Not scored. No result for the same quarter last year. Share price after the results: −3.2% in 29 days (Nifty 500: +3.5%).
• Q3 FY25: Revenue ₹545 cr, EBITDA ₹78.0 cr, PAT ₹51.0 cr, EBITDA margin 14.3%. Not scored. No result for the same quarter last year.
• Q2 FY25: Revenue ₹446 cr, EBITDA ₹64.0 cr, PAT ₹42.0 cr, EBITDA margin 14.4%. Not scored. No result for the same quarter last year.

Past price moves after results do not indicate future moves. Not a recommendation.

Transformers And Rectifiers (India) Limited earnings call, investor presentation and press release summaries

• Q1 FY27: Earnings call (21 Jul 2026), Results deck (20 Jul 2026)
• Q4 FY26: Earnings call (21 Apr 2026), Results deck (21 Apr 2026), Results press release (22 Apr 2026)
• Q3 FY26: Earnings call (8 Jan 2026), Results deck (8 Jan 2026)
• Q2 FY26: Earnings call (10 Nov 2025), Results deck (8 Nov 2025), Results deck (9 Nov 2025)
• Q1 FY26: Earnings call (1 Aug 2025), Results deck (1 Aug 2025)
• Q4 FY25: Earnings call (8 Apr 2025), Results deck (8 Apr 2025)