This multi-bag electrical equipment stock reports 106 percent growth in sales and receives new orders worth Rs 698 crore!

The company’s shares have risen more than 150 percent in the past six months.

Transformers and Rectifiers (India) Limited has posted robust revenue growth Quarterly resultsThe company’s revenue for Q1FY25 stood at Rs 322.00 crore, growing 106.98 percent YoY. The company’s operating profit stood at Rs 46.22 crore, while the company’s PAT stood at Rs 20.83 crore, registering an impressive growth of 171 percent YoY. The company secured orders of Rs 698 crore in Q1FY25.

Recently, Transformers and Rectifiers (India) Limited (TRIL) secured a total of Rs. 148.55 crore worth of orders for transformers and reactors. The largest order, worth Rs. 72.5 crore, came from NCC Limited for designing, manufacturing, supplying and installing transformers and reactors for their project. This domestic contract is expected to be completed by January 2026.

The company also received orders from Power Grid Corporation of India (Rs. 55.91 crore) for 765 kV reactors (to be completed within 21 months) and Adani Energy Solutions (Rs. 20.14 crore) for supply of power transformers (to be completed by March 2025). Both the contracts are also domestic.

These wins demonstrate TRIL’s capabilities in domestic markets. This order inflow strengthens TRIL’s position in the transformer manufacturing sector and increases future revenue generation. The stock has delivered over 750 percent returns in a year. The company has an order book of Rs 2,926 crore as on June 30, 2024.

Transformers & Rectifiers (India) Limited has consolidated its position in the Indian transformer industry as a manufacturer of a wide range of transformers, meeting the quality expectations of both domestic and international markets.

The stock has seen tremendous growth and investors should keep a close eye on this stock.

Disclaimer: This article is for information purposes only and is not investment advice.