The shares of leading transformer manufacturers gained up to 5 percent after the company received significant order for Power Transformers worth Rs 114 crore.
Transformers and Rectifiers India Ltd with a market capitalization of Rs 10,232.65 crore, the shares were trading at Rs 681.80 per share, increasing around 3 percent as compared to the previous closing price of Rs 664.65 apiece.
Reason for rise:-
Today, the shares of the company have seen significant movement after Transformers and Rectifiers India Ltd received a significant order from RRVPNL for Power Transformers of 50 MVA, 132/33 KV, this order valued at Rs 114 crore. The delivery of these transformers will take place within next financial year.
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Financial performance:-
Analyzing the company’s financial condition, revenue magnified by 106 percent from Rs 156 crore in Q1FY24 to Rs 322 crore in Q1FY25, during the same time frame net profit zoomed by 275 percent from a loss of Rs 12 crore to a profit of Rs 21 crore.
Order Book & Client base:-
Transformers & Rectifiers (India) Limited had an unexecuted order book of Rs. 2,926 crores as of Q1FY25, and inquiries worth Rs. 17,500 crores were being negotiated.
The product-wise order book breakdown as of Q1FY25 consists of Power Transformers at 64.79 percent, Reactors at 27.55 percent, Furnace Transformers at 2.09 percent, Distribution Transformers at 3.78 percent, Rectifier Transformers at 0.88 percent, and Others at 0.87 percent.
It has a robust client base that includes well-known companies such as Adani Renewables, Tata Power, KEC International, JSW, PowerGrid, Jindal Steel & Power, NTPC, Siemens Energy, Torrent Power, and others.
Remarkable Return:-
The stock has given a multi-bagger return of 113.90 percent in just six months and a 347.13 percent return in a year, A shareholder’s investment of Rs. 1 lakh in the firm is worth Rs. 4.47 lakh in a year.
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Company snapshot:-
Transformers and Rectifiers (India) Limited is an India-based company, which manufactures power, furnace, and rectifier transformers. The Company is a manufacturer of a range of transformers, which provides to both the domestic and the international market.
Written by:- Abhishek Singh
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