Transformers And Rectifiers (India) balance sheet

As of Sep 2026

Total assets: ₹3,017cr+26.2% on Sep 2025
Shareholders' equity: ₹1,685cr+23.1% on Sep 2025
Total debt: ₹574cr+56.8% on Sep 2025
Cash and investments: ₹159cr−27.7% on Sep 2025

₹ crore except per share

Tap a line for its trend	H1 FY27Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	249	230	232	137	147
	267	138	61.8	3.6	3.4
	3.0	3.0	3.0	0.0	0.0
	14.9	17.0	16.2	6.8	5.9
	0.0	0.0	—	1.6	0.0
	34.9	33.1	30.5	0.5	0.4
	20.3	12.7	15.4	1.6	1.2
	240	208	337	2.2	4.2
	30.9	45.5	—	16.1	18.3
	326	299	—	20.3	24.0
	18.7	19.0	12.3	3.6	0.0
	160	85.0	—	6.9	15.6
	1,038	792	787	180	196
	723	616	445	275	271
	144	151	238	3.7	0.5
	837	887	469	614	635
	14.4	8.1	5.3	1.6	4.8
	66.1	133	166	25.6	18.1
	12.8	10.7	0.8	0.4	0.4
	20.3	12.7	—	3.4	1.7
	1,095	1,203	879	649	661
	158	53.8	65.9	64.8	57.5
	1,979	1,874	1,398	989	990
	3,017	2,666	2,185	1,168	1,186
Equity
	30.0	30.0	30.0	14.3	13.3
	1,623	1,485	1,222	540	380
	1,653	1,515	1,252	554	393
	32.5	28.2	20.4	8.5	7.7
	1,685	1,543	1,272	563	401
Liabilities
	136	66.9	81.0	53.1	63.8
	5.5	0.0	—	0.0	0.1
	141	66.9	—	53.1	63.9
	6.9	6.3	6.2	5.7	4.3
	—	—	—	0.0	1.8
	16.7	17.2	24.3	7.2	7.1
	165	90.4	111	66.0	77.1
	438	390	202	203	266
	384	290	—	241	346
	15.2	6.1	—	4.4	3.9
	837	685	—	448	616
	0.2	0.8	—	2.1	0.8
	45.8	41.8	56.2	13.0	12.1
	284	304	111	76.3	78.9
	1,167	1,032	801	539	708
	1,332	1,123	913	605	785
	3,017	2,666	2,185	1,168	1,186
Assets — additional as-filed lines
	1.8	1.6	—	0.1	0.0
Trade payables — MSME split
	27.4	13.9	—	—	—
	356	276	—	—	—

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

TARIL₹315.80

Transformers And Rectifiers (India) Ltd.

· Capital Goods & Defence

₹ CrorePeersVOLTAMP SYRMA TEGA SHYAMMETL TIMKEN TITAGARH RRKABEL USHAMARTMcap ₹9,477 Cr

View

In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Non-current Assets
+ Property, Plant & Equipment	147.2	136.9	232.0	230.5	249.0
+ Capital Work-in-Progress	3.4	3.6	61.8	138.3	267.3
+ Goodwill	0.0	0.0	3.0	3.0	3.0
+ Other Intangibles	5.9	6.8	16.2	17.0	14.9
+ Intangibles under Development	0.0	1.6	—	0.0	0.0
+ Non-current Investments	0.4	0.5	30.5	33.1	34.9
+ Long-term Loans	1.2	1.6	15.4	12.7	20.3
+ Trade Receivables — Non-current	4.2	2.2	337.0	207.9	240.0
+ Other Non-current Financial Assets	18.3	16.1	—	45.5	30.9
Non-current Financial Assets	24.0	20.3	—	299.1	326.1
+ Deferred Tax Assets	0.0	3.6	12.3	19.0	18.7
+ Other Non-current Assets	15.6	6.9	—	85.0	159.5
Total Non-current Assets	196.0	179.7	786.9	791.9	1,038.4
Current Assets
+ Inventories	271.4	274.8	444.9	615.5	723.3
+ Current Investments	0.5	3.7	237.6	151.3	144.5
+ Trade Receivables	635.3	614.1	468.8	887.3	837.2
+ Cash & Cash Equivalents	4.8	1.6	5.3	8.1	14.4
+ Other Bank Balances	18.1	25.6	166.4	132.9	66.1
+ Short-term Loans	0.4	0.4	0.8	10.7	12.8
+ Other Current Financial Assets	1.7	3.4	—	12.7	20.3
Current Financial Assets	660.8	648.9	878.9	1,203.0	1,095.3
+ Other Current Assets	57.5	64.8	65.9	53.8	158.3
Total Current Assets	989.7	988.6	1,398.1	1,873.9	1,978.6
Total Assets	1,185.7	1,168.3	2,185.0	2,665.7	3,017.0
Equity
+ Equity Share Capital	13.3	14.3	30.0	30.0	30.0
+ Other Equity / Reserves	380.0	540.2	1,221.9	1,484.8	1,622.7
Equity — Owners of Parent	393.2	554.4	1,251.9	1,514.8	1,652.7
+ Minority Interest	7.7	8.5	20.4	28.2	32.5
Total Equity	400.9	562.9	1,272.3	1,543.0	1,685.2
Liabilities
+ Borrowings — Non-current	63.8	53.1	81.0	66.9	135.6
+ Other Non-current Financial Liab	0.1	0.0	—	0.0	5.5
Non-current Financial Liabilities	63.9	53.1	—	66.9	141.1
+ Provisions — Non-current	4.3	5.7	6.2	6.3	6.9
+ Deferred Tax Liabilities	1.8	0.0	—	—	—
+ Other Non-current Liabilities	7.1	7.2	24.3	17.2	16.7
Non-current Liabilities	77.1	66.0	111.4	90.4	164.7
+ Borrowings — Current	265.7	202.7	201.8	389.7	438.1
+ Trade Payables	346.4	240.9	—	289.6	383.6
+ Other Current Financial Liab	3.9	4.4	—	6.1	15.2
Current Financial Liabilities	615.9	447.9	—	685.4	836.9
+ Provisions — Current	0.8	2.1	—	0.8	0.2
+ Current Tax Liabilities	12.1	13.0	56.2	41.8	45.8
+ Other Current Liabilities	78.9	76.3	110.7	304.2	284.2
Current Liabilities	707.7	539.4	801.2	1,032.3	1,167.1
Total Liabilities	784.8	605.4	912.6	1,122.7	1,331.8
Total Equity & Liabilities	1,185.7	1,168.3	2,185.0	2,665.7	3,017.0
Assets — additional as-filed lines
+ Current Tax Assets	0.0	0.1	—	1.6	1.8
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	—	13.9	27.4
+ Dues to Other Creditors — Current	—	—	—	275.7	356.2

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.