TRANS & RECTI. LTD

During the earnings conference call held on July 21, 2026, management reported that Transformers and Rectifiers (India) Limited (TARIL) achieved a 10% year-on-year revenue growth for Q1 FY27, with standalone revenue from operations at INR559 crores. The company highlighted a strong unexecuted order book of INR6,630 crores, reflecting a 26% year-on-year growth, and reported a healthy order inflow of INR2,114 crores during the quarter. Management noted that ongoing expansion at the Changodar facility temporarily impacted capacity utilization, but they expressed confidence in achieving operational efficiency as new facilities come online. Management set a goal of 25% revenue growth for FY27, with an EBITDA margin of 16% and a PAT margin of 9% to 10%. They emphasized their commitment to timely execution of orders and enhancing operational efficiencies through backward integration initiatives. The call concluded with management reiterating their focus on delivering value to stakeholders.

Management emphasized growth and operational improvements while addressing challenges.