Transformers Rectifiers Q4 Results: Transformers & Rectifiers (India) Limited (TARIL), a leading manufacturer of power and specialty transformers, has announced its financial performance for Q4 and FY2026. For FY26, the company has reported standalone revenue from operations of Rs 2,395 crore, representing a growth of 23 per cent YoY.
Profitability remained robust during the year, with EBITDA increasing to approximately Rs 370 crore, up 17 per cent YoY, while profit after tax (PAT) increased to Rs 225 crore, registering 20 per cent YoY growth.
The company said that improvement in profitability was driven by operating leverage, cost optimisation, and enhanced execution efficiencies.
For the Q4 FY26, the company reported revenue from operations of Rs. 752 crore, reflecting a year-on-year growth of approximately 16 per cent.
PAT for the quarter stood at Rs 77 crore, indicating stable profitability, while EBITDA remained resilient despite marginal pressure on margins.
TARIL Q4 Results: Key Highlights (Transformers Rectifiers Q4 Results)
FY26 revenue from operations grew 23% YoY to Rs 2,395 crore
FY26 EBITDA increased 17% YoY to Rs 370 crore
FY26 PAT increased 20% YoY to Rs 225 crore
Q4 FY26 revenue grew 16% YoY to Rs 752 crore
Q4 PAT stood at Rs 77 crore, reflecting stable profitability
Strong order book of Rs 5,005 crore with FY26 inflows of Rs 2,374 crore
Transformers Rectifiers Q4 Results: Order Inflows
Operational momentum remained strong during the year, with order inflows of approximately Rs 2,374 crore in FY26, including Rs 244 crore in Q4, while the unexecuted order book stood at around Rs 5,005 crore as of March 31, 2026.
The company continues to maintain a strong pipeline of inquiries under negotiation exceeding Rs 23,000 crore.
Transformers Rectifiers Q4 Results: CEO Statement
Satyen J Mamtora, Managing Director & CEO, said, “FY26 has been a year of strong and consistent performance for TARIL. Our ability to deliver robust revenue growth along with sustained profitability reflects the strength of our execution capabilities and disciplined operational approach. The healthy order inflows and strong order book provide us with clear visibility for the coming periods. As we continue to scale our capacities and enhance our technological capabilities, we remain focused on improving efficiencies, strengthening margins, and delivering long-term value.”
Transformers and Rectifiers (India) Limited (TARIL) is one of India’s leading manufacturers of power, distribution, and specialty transformers, offering a comprehensive portfolio ranging from 5 MVA to 1000 MVA and up to the 1200 kV class. The company is headquartered in Ahmedabad.
