Transformers and Rectifiers (India) Ltd

Transformers & Rectifiers India announced the resignation of Mukul Srivastava from the position of Chief Executive Officer (CEO) of the Company, with effect from the close of business hours on 07 January 2026. Powered by Capital Market - Live

Net profit of Transformers & Rectifiers India rose 34.89% to Rs 73.85 crore in the quarter ended December 2025 as against Rs 54.75 crore during the previous quarter ended December 2024. Sales rose 31.71% to Rs 736.76 crore in the quarter ended December 2025 as against Rs 559.36 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales736.76559.36 32 OPM %16.9615.16 - PBDT115.8780.23 44 PBT107.7973.74 46 NP73.8554.75 35 Powered by Capital Market - Live

Following his exit, the board appointed Satyen J. Mamtora, the company's managing director (MD), as CEO with effect from 8 January 2026. Satyen J. Mamtora is the MD of TARIL and a second-generation entrepreneur with over three decades of experience in the transformer manufacturing and power equipment sector. He joined TARIL in 1997 as director ' marketing and has since played a central role in expanding the company's market presence, strengthening customer relationships, and guiding its evolution from a regional manufacturer to a globally recognised transformer organisation. Meanwhile, the company announced its Q3 result, reporting 36.93% YoY jump in consolidated net profit to Rs 75.97 crore on 31.71% increase in revenue from operations to Rs 736.76 crore in Q3 FY26 over Q3 FY25. Profit before tax (PBT) jumped 46.2% YoY to Rs 107.79 crore in Q3 FY26. EBITDA surged 38% YoY to Rs 129.24 crore in Q3 FY26. EBITDA margin expanded to 17.54% in Q3 FY26 as against 16.76% in Q3 FY25. The unexecuted order book stood at Rs 5,450 crore, up 47.86% YoY and down 0.4% QoQ. Headquartered in Ahmedabad, Transformer & Rectifiers (India) (TARIL) is a leading manufacturer of transformers and reactors. It caters to power generation, transmission, distribution, and industrial sectors on a B2B model. Its product portfolio spans single-phase power transformers up to 500 MVA and 1200 kV, furnace, rectifier, and distribution transformers, as well as specialty units for locomotive traction, solar applications, green hydrogen, and mobile substations. Powered by Capital Market - Live

Ola Electric Mobility Ltd, Bosch Ltd, JBM Auto Ltd and Skipper Ltd are among the other gainers in the BSE's 'A' group today, 02 January 2026.Transformers & Rectifiers India Ltd surged 10.19% to Rs 339.65 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 14.09 lakh shares were traded on the counter so far as against the average daily volumes of 7.34 lakh shares in the past one month. Ola Electric Mobility Ltd soared 6.90% to Rs 40.1. The stock was the second biggest gainer in 'A' group. On the BSE, 149.04 lakh shares were traded on the counter so far as against the average daily volumes of 98.46 lakh shares in the past one month. Bosch Ltd spiked 6.79% to Rs 38596.95. The stock was the third biggest gainer in 'A' group. On the BSE, 4879 shares were traded on the counter so far as against the average daily volumes of 513 shares in the past one month. JBM Auto Ltd exploded 6.52% to Rs 666.7. The stock was the fourth biggest gainer in 'A' group. On the BSE, 5.91 lakh shares were traded on the counter so far as against the average daily volumes of 2.1 lakh shares in the past one month. Skipper Ltd added 6.01% to Rs 457. The stock was the fifth biggest gainer in 'A' group. On the BSE, 12257 shares were traded on the counter so far as against the average daily volumes of 12449 shares in the past one month. Powered by Capital Market - Live

Transformers & Rectifiers India will hold a meeting of the Board of Directors of the Company on 8 January 2026.Powered by Capital Market - Live

Thermax Ltd, Honasa Consumer Ltd, Anant Raj Ltd, Great Eastern Shipping Company Ltd are among the other stocks to see a surge in volumes on NSE today, 12 December 2025.Transformers & Rectifiers India Ltd witnessed volume of 379.82 lakh shares by 14:14 IST on NSE, a 10.69 times surge over two-week average daily volume of 35.52 lakh shares. The stock increased 12.19% to Rs.268.30. Volumes stood at 34.36 lakh shares in the last session.Thermax Ltd saw volume of 3.7 lakh shares by 14:14 IST on NSE, a 6.72 fold spurt over two-week average daily volume of 55164 shares. The stock increased 1.93% to Rs.2,852.70. Volumes stood at 34558 shares in the last session.Honasa Consumer Ltd registered volume of 47.02 lakh shares by 14:14 IST on NSE, a 6.13 fold spurt over two-week average daily volume of 7.67 lakh shares. The stock rose 2.36% to Rs.262.35. Volumes stood at 8.31 lakh shares in the last session.Anant Raj Ltd witnessed volume of 144.1 lakh shares by 14:14 IST on NSE, a 5.46 times surge over two-week average daily volume of 26.38 lakh shares. The stock increased 8.61% to Rs.548.35. Volumes stood at 27.37 lakh shares in the last session.Great Eastern Shipping Company Ltd registered volume of 9.87 lakh shares by 14:14 IST on NSE, a 4.58 fold spurt over two-week average daily volume of 2.15 lakh shares. The stock rose 1.65% to Rs.1,113.90. Volumes stood at 1.89 lakh shares in the last session.Powered by Capital Market - Live

The key equity benchmarks traded with minor gains in mid-afternoon trade. Investors remain focused on ongoing IPO activity and the RBI's monetary policy outcome due tomorrow, 5 December 2025. Market participants will also keep an eye on Russian President Putin's visit to India from 4 and 5 December 2025. The Nifty traded near the 26,000 level. Realty shares climbed after declining in the past five trading sessions. At 14:25 IST, the barometer index, the S&P BSE Sensex, advanced 54.62 points or 0.06% to 85,153.04. The Nifty 50 index jumped 21.85 points or 0.08% to 26,007.85. In the broader market, the S&P BSE Mid-Cap index shed 0.09% and the S&P BSE Small-Cap index fell 0.30%. The market breadth was weak. On the BSE, 1,179 shares rose and 2,260 shares fell. A total of 181 shares were unchanged. Buzzing Index: The Nifty Realty index jumped 0.66% to 891.20. The index fell 2.86% in the past five consecutive trading sessions. Oberoi Realty (up 1.54%), Prestige Estates Projects (up 0.93%), Godrej Properties (up 0.74%), Phoenix Mills (up 0.53%), Brigade Enterprises (up 0.5%) Lodha Developers (up 0.41%), DLF (up 0.19%) and Sobha (up 0.15%) advanced. Numbers to Track: The yield on India's 10-year benchmark federal paper was added 0.17% to 6.537 as compared with the previous close of 6.526. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 89.9700 compared with its close of 90.1500 during the previous trading session. MCX Gold futures for 5 December 2025 settlement fell 0.61% to Rs 1,31,787. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.06% to 98.82. The United States 10-year bond yield advanced 0.79% to 4.090. In the commodities market, Brent crude for January 2025 settlement advanced 17 cents or 0.27% to $62.84 a barrel. Stock in Spotlight: Transformers and Rectifiers (India) shed 0.67%. The company announced that it has secured an order worth Rs 53.33 crore from Power Grid Corporation of India for HVDC converter transformers and related works. Lemon Tree Hotels fell 0.46%. The company has signed a license agreement viz Lemon Tree Hotel, Pacific Mall, Jaipur.Powered by Capital Market - Live

In an exchange filing, the company said the order involves the repair, erection, testing, and commissioning of a 397 MVA HVDC converter transformer, with delivery scheduled by the next financial year. The company also clarified that neither its promoters nor the promoter group have any interest in the awarding authority, and the transaction does not qualify as a related-party deal under regulatory norms. Transformers and Rectifiers (India) is a leading manufacturer of transformers and reactors. It caters to power generation, transmission, distribution, and industrial sectors on a B2B model. Its product portfolio spans single-phase power transformers up to 500 MVA and 1200 kV, furnace, rectifier, and distribution transformers, as well as specialty units for locomotive traction, solar applications, green hydrogen, and mobile substations. With an installed capacity of around 40,000 MVA, TARIL serves clients across more than 25 countries. On a consolidated basis, revenue from operations stood at Rs 460 crore in Q2 FY26, nearly unchanged from Rs 462 crore in Q2 FY25. Profit after tax (PAT) fell 19% YoY to Rs 37.5 crore in Q2 FY26, with PAT margin narrowing to 7.9%, down from 9.7% last year. The counter shed 0.54% to Rs 246.70 on the BSE. The Power Grid Corporation of India has been established by the Government of India (GoI) as the central transmission utility of India. The firm is a Maharatna company under the Ministry of Power, GoI. As of 30 September 2025, the Government of India owned a 51.34% stake in the company. The company's consolidated net profit fell 5.98% to Rs 3,566.08 crore in Q2 FY26 as against Rs 3,793.02 crore posted in Q2 FY25. However, revenue from operations rose 1.75% YoY to Rs 11,475.95 crore recorded in the quarter ended 30 September 2025. The counter rose 0.48% to Rs 269.60 on the BSE. Powered by Capital Market - Live

Transformers and Rectifiers (India) has secured order of Rs. 53.33 crore from Power Grid Corporation of India for repair, erection, testing and commissioning of the 397 MVA HVDC Converter Transformer and related works. Powered by Capital Market - Live

According to the company's exchange filing, the order involves the manufacturing of 53 transformers of various types, with deliveries scheduled for the next financial year. The firm also clarified that neither its promoters nor members of the promoter group have any interest in the awarding authority, confirming that the transaction does not qualify as a related-party deal under regulatory norms With this order, the company has received a total order book of Rs 493.42 crore from Gujarat Energy Transmission Corporation during this quarter. The company is committed to delivering high-quality products and services and has established itself as a leading manufacturer of transformers in the country over time. Headquartered in Ahmedabad, Transformers and Rectifiers (India) is a leading manufacturer of transformers and reactors. It caters to power generation, transmission, distribution, and industrial sectors on a B2B model. Its product portfolio spans single-phase power transformers up to 500 MVA and 1200 kV, furnace, rectifier, and distribution transformers, as well as specialty units for locomotive traction, solar applications, green hydrogen, and mobile substations. With an installed capacity of around 40,000 MVA, TARIL serves clients across more than 25 countries. On a consolidated basis, revenue from operations stood at Rs 460 crore in Q2 FY26, nearly unchanged from Rs 462 crore in Q2 FY25. Profit after tax (PAT) fell 19% YoY to Rs 37.5 crore in Q2 FY26, with PAT margin narrowing to 7.9%, down from 9.7% last year. Powered by Capital Market - Live