TARIL IN EQUITY
loading…—
Day range—
52-week range—
Market cap—
P/E · TTM—
As of—
| CUSTOMER | BASIS | EST ₹CR | RANGE | % REV | BUCKET | PERIOD | METHOD | CONF |
|---|---|---|---|---|---|---|---|---|
| Business | REV SHARE | 2,256 | 2,256–2,256 | 90.0% | CAPEX | FY26 | DISC | 90% |
| “Details of business activities (accounting for 90% of the turnover): Sr. No. Description of Description of Business Activity % of Turnover of Main Activity the…” AR p.114 · 31-MAR-26 DOC | ||||||||
| SIEMENSSiemens Ltd. | CONTRACT | 2,256 | 2,256–2,256 | 90.0% | CAPEX | FY25 | EST | 85% |
| “Subject: Disclosure of Order received under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 In accordance with Re…” ORDER p.1 · 29-OCT-24 DOC | ||||||||
| ADANIENSOLAdani Energy Solutions Ltd. | CONTRACT | 2,256 | 2,256–2,256 | 90.0% | CAPEX | FY25 | EST | 85% |
| “Awarded Order of Transformers for total contract value of Rs. 20.14 Crores from Adani Energy Solutions Limited (Against PPP-8,9 & 10 RTM Rajasthan Project) and” ORDER p.2 · 01-JUL-24 DOC | ||||||||
| LTLarsen & Toubro Ltd. | CONTRACT | 2,256 | 2,256–2,256 | 90.0% | CAPEX | FY25 | EST | 85% |
| “Awarded Domestic Order of Transformers for total contract value of Rs. 19 Crores from L&T Group and The details of this order received are as follows: Particul…” ORDER p.2 · 23-MAY-24 DOC | ||||||||
| POWERINDIAHitachi Energy India Ltd. | UNSTATED | 2,256 | 251–2,256 | 90.0% | — | FY26 | EST | 75% |
| “The tier of companies capable of serving the 400 kV and above market with reliable, tested products is limited to: Hitachi Energy India (formerly ABB Power Pro…” AR p.55 · 31-MAR-26 DOC | ||||||||
| ABBABB India Ltd. | UNSTATED | 2,256 | 251–2,256 | 90.0% | — | FY26 | EST | 65% |
| “The tier of companies capable of serving the 400 kV and above market with reliable, tested products is limited to: Hitachi Energy India (formerly ABB Power Pro…” AR p.55 · 31-MAR-26 DOC | ||||||||
| POWERGRIDPower Grid Corporation of India Ltd. | CONTRACT | 1,505 | 1,505–1,505 | 60.0% | CAPEX | FY27 | EST | 85% |
| “Sub: Disclosure of Order received under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Bagging of Order(s)/Con…” ORDER p.1 · 30-JUN-26 · +2 DOC | ||||||||
| NTPCNTPC Ltd. | UNSTATED | 444 | 49–444 | 17.7% | — | FY26 | EST | 75% |
| “▶ Received prestigious orders from NTPC and PGCIL.” AR p.17 · 31-MAR-26 DOC | ||||||||
| BANKBARODABank of Baroda | UNSTATED | 395 | 395–395 | 15.8% | — | FY26 | EST | 75% |
| “45Corporate Overview Statutory Reports ESG Financial Statements Mr. Subir Kumar Das Mrs. Tanvi V. Rangwala Independent Director He is a Core Operational Banker…” AR p.46 · 31-MAR-26 DOC | ||||||||
| NTPCNTPC Ltd. | UNSTATED | 294 | 294–294 | 11.7% | CAPEX | FY25 | EST | 75% |
| “2001 - 2006 ·First 7.5 MVA Series Reactor supplied to Fluor Daniel, UK, installed in Kazakhstan with a short-circuit withstanding capacity of 105 kA ·First 100…” AR p.21 · 31-MAR-25 DOC | ||||||||
| POWERGRIDPower Grid Corporation of India Ltd. | UNSTATED | 188 | 21–188 | 7.5% | — | FY26 | EST | 70% |
| “On the utility and transmission side, the Company counts PowerGrid Corporation of India (PGCIL), NTPC, GETCO, UPPTCL, RRVPNL, MPPTCL, and WBSECL among its long…” AR p.58 · 31-MAR-26 · +1 DOC | ||||||||
| BSEBSE Ltd. | UNSTATED | 55 | 55–55 | 2.2% | CAPEX | FY25 | EST | 65% |
| “2001 - 2006 ·First 7.5 MVA Series Reactor supplied to Fluor Daniel, UK, installed in Kazakhstan with a short-circuit withstanding capacity of 105 kA ·First 100…” AR p.21 · 31-MAR-25 DOC | ||||||||
| Gujarat Energy Transmission Corporation Limited (GETCO) | CONTRACT | CT 100 | — | — | CAPEX | FY27 | EST | 85% |
| “Sub: Disclosure of Order received under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Bagging of Order(s)/Con…” ORDER p.1 · 02-OCT-26 · +1 DOC | ||||||||
| NCCNCC Ltd. | CONTRACT | CT 73 | — | — | CAPEX | FY25 | EST | 85% |
| “Awarded Order of Transformers for total contract value of Rs. 72.50 Crores from NCC Limited and The details of this order received are as follows: Particulars …” ORDER p.1 · 01-JUL-24 DOC | ||||||||
| FY27 | REV SHARE | CT 5,005 | — | 8.0% | — | FY27 | DISC | 80% |
| “So in Q2 FY27, our export is around 8% of the total revenue.” CONCALL p.10 · 31-OCT-26 · +2 DOC | ||||||||
| Australia | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “The Company has executed landmark orders for PGCIL, NTPC, GETCO, and state electricity boards, and built a growing international footprint with exports to Russ…” AR p.13 · 31-MAR-26 DOC | ||||||||
| PGCIL | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “▶ Received prestigious orders from NTPC and PGCIL.” AR p.17 · 31-MAR-26 · +1 DOC | ||||||||
| PGCIL | CONTRACT | CT 1,000 | — | — | CAPEX | FY26 | EST | 75% |
| “Between 2024 and 2026, the Company raised ₹500 crore through a qualified institutional placement, secured its then-highest single order of ₹740 crore from GETC…” AR p.57 · 31-MAR-26 · +2 DOC | ||||||||
| FY27 | CONTRACT | CT 1,000 | — | — | CAPEX | FY27 | EST | 75% |
| “In total, we have committed ₹900-1000 Crore in capital expenditure over the next 15 months, structured across three pillars: ▶ Capacity Expansion (₹~150-200 Cr…” AR p.30 · 31-MAR-26 DOC | ||||||||
| China. | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “The Eurozone expanded at a more modest 1.1 percent, weighed down by Germany’s industrial transition, energy costs, and subdued export demand from China.” AR p.50 · 31-MAR-26 DOC | ||||||||
| JINDALSTELJindal Steel Ltd. | UNSTATED | — | — | — | COGS | FY26 | EST | 75% |
| “In steel, metals, and process industries, TARIL serves Jindal Steel & Power, JSW, SAIL, Hindustan Zinc, Jindal SAW, Shyam Metallic, and Gajanan Ferro.” AR p.58 · 31-MAR-26 DOC | ||||||||
| HINDZINCHindustan Zinc Ltd. | UNSTATED | — | — | — | COGS | FY26 | EST | 75% |
| “In steel, metals, and process industries, TARIL serves Jindal Steel & Power, JSW, SAIL, Hindustan Zinc, Jindal SAW, Shyam Metallic, and Gajanan Ferro.” AR p.58 · 31-MAR-26 DOC | ||||||||
| JINDALSAWJindal Saw Ltd. | UNSTATED | — | — | — | COGS | FY26 | EST | 75% |
| “In steel, metals, and process industries, TARIL serves Jindal Steel & Power, JSW, SAIL, Hindustan Zinc, Jindal SAW, Shyam Metallic, and Gajanan Ferro.” AR p.58 · 31-MAR-26 DOC | ||||||||
| United States | UNSTATED | — | — | — | — | FY28 | — | 75% |
| “Management has signalled an ambition to grow the export share to approximately 10 percent by FY28, primarily targeting the United States and European grid-repl…” AR p.75 · 31-MAR-26 DOC | ||||||||
| Parties | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “Contracts or Arrangements with Related Parties All the related party transactions that were entered during the financial year were in the Ordinary course of bu…” AR p.84 · 31-MAR-26 · +1 DOC | ||||||||
| Damodar Valley Corporation | CONTRACT | CT 100 | — | — | CAPEX | FY27 | EST | 75% |
| “Sub: Disclosure of Order received under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Bagging of Order(s)/Con…” ORDER p.1 · 02-OCT-26 DOC | ||||||||
| Megha Engineering and Infrastructures Limited | CONTRACT | CT 100 | — | — | CAPEX | FY27 | EST | 75% |
| “Sub: Disclosure of Order received under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Bagging of Order(s)/Con…” ORDER p.1 · 29-AUG-26 · +1 DOC | ||||||||
| Gujarat Energy Transmission Corporation Limited | CONTRACT | CT 726 | — | — | CAPEX | FY26 | EST | 75% |
| “With this order, the Company has received a total order book of Rs. 493.42 crore from Gujarat Energy Transmission Corporation Limited during this quarter.” ORDER p.2 · 25-NOV-25 · +1 DOC | ||||||||
| RRVPNL. | CONTRACT | CT 114 | — | — | CAPEX | FY25 | EST | 75% |
| “Subject: Disclosure of Order received under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 In accordance with Re…” ORDER p.1 · 13-SEP-24 DOC | ||||||||
| AL Anwaar International | CONTRACT | CT 161 | — | — | CAPEX | FY25 | EST | 75% |
| “Awarded Export Order of Transformers for total contract value of Rs. 161 Crores from AL Anwaar International and The details of this order received are as foll…” ORDER p.1 · 23-MAY-24 DOC | ||||||||
| United States | UNSTATED | — | — | — | CAPEX | FY26 | EST | 70% |
| “The Edison Electric Institute has estimated that the United States alone faces a shortage of large power transformers in the order of millions of units over th…” AR p.55 · 31-MAR-26 DOC | ||||||||
| Business | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “3.2 CORPORATE IDENTITY 3.3 BUSINESS AND PRODUCT PORTFOLIO The Company operates a business-to-business model serving power generation, transmission, distributio…” AR p.57 · 31-MAR-26 · +1 DOC | ||||||||
| Others | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “MSME: - Disputed Dues - - - - - - Undisputed Dues 11.08 - - - 11.08 Other Trade payables - Disputed Dues - - 0.00 0.12 0.12 - Undisputed Dues 288.06 0.24 - 0.0…” AR p.191 · 31-MAR-26 · +1 DOC | ||||||||
| Uttar Pradesh Power Corporation Limited | UNSTATED | — | — | — | CAPEX | FY25 | EST | 70% |
| “The major orders won during the year are: Designing, Engineering, Manufacture, testing of reactors from Power Grid Corporation of India Limited worth ₹.456 cro…” AR p.17 · 31-MAR-25 DOC | ||||||||
| Securities and Exchange Board of India | UNSTATED | — | — | — | — | FY25 | EST | 70% |
| “To meet the requirements for the above purposes and for other general corporate purpose, as may be decided by the Board of Directors (hereinafter called the “B…” AR p.77 · 31-MAR-25 DOC | ||||||||
| Delhi Metro Rail Corporation | UNSTATED | — | — | — | CAPEX | FY25 | EST | 65% |
| “Achievements: Order from Solar Power Plants • Your Company received order for Solar Power Plants for 4 nos. 250 MVA 2x33KV/400 KV from a reputed EPC Company …” AR p.90 · 31-MAR-25 DOC | ||||||||
| Transmission Corporation of Andhra Pradesh Limited | CONTRACT | CT 100 | — | — | CAPEX | FY27 | EST | 65% |
| “Sub: Disclosure of Order received under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Bagging of Order(s)/Con…” ORDER p.1 · 14-AUG-26 DOC | ||||||||
| GETCO | UNSTATED | — | — | — | CAPEX | 2026-10 | EST | 65% |
| “Transformers and Rectifiers (India) Limited October 13, 2026 Page 3 of 16 Corporation in October 2026 for manufacturing and supplying 500 MVA and 200 MVA trans…” CONCALL p.4 · 31-OCT-26 DOC | ||||||||
| Damodar Valley Corporation | UNSTATED | — | — | — | — | 2026-10 | EST | 65% |
| “won a large order from Damodar Valley” CONCALL p.3 · 31-OCT-26 DOC | ||||||||
| CDSLCentral Depository Services (India) Ltd. | UNSTATED | — | — | — | — | FY25 | EST | 60% |
| “3) Now enter your User ID a. For CDSL: 16 digits beneficiary ID, b. For NSDL: 8 Character DP ID followed by 8 Digits Client ID, c. Shareholders holding shares …” AR p.72 · 31-MAR-25 DOC | ||||||||
| Commissioning | UNSTATED | — | — | — | CAPEX | 2026-07 | EST | 60% |
| “- Timely execution of the order book, - Ramping up utilization at Changodar, - Commissioning backward integration facilities as per revised time lines, - Susta…” CONCALL p.5 · 31-JUL-26 DOC | ||||||||
| Nuclear Power Corporation of India | UNSTATED | — | — | — | CAPEX | 2026-10 | EST | 55% |
| “Major orders we received during this quarter were: First-ever order of nuclear power sector, supplying generator transformers for NPCIL Kaiga Units 5 and 6, …” CONCALL p.3 · 31-OCT-26 DOC | ||||||||
| SUPPLIER | BASIS | EST ₹CR | RANGE | % COST | BUCKET | PERIOD | METHOD | CONF |
|---|---|---|---|---|---|---|---|---|
| ASTRALAstral Ltd. | UNSTATED | — | — | — | CAPEX | FY26 | EST | 75% |
| “• Mrs. Tanvi Rangwala, Independent Director, who also serves as an Independent Director on the Board of Transformers and Rectifiers (India) Limited.” AR DOC | ||||||||
| Business | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “As the Company scales and as ESG reporting requirements for listed companies expand under SEBI’s Business Responsibility and Sustainability Reporting (BRSR) fr…” AR p.71 · 31-MAR-26 DOC | ||||||||
| Others | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “st st Particulars As at 31 March 2026 As at 31 March 2025 Unsecured, Considered Good unless otherwise stated Loans Loan to Employees 0.65 0.83 Loan to Other 10…” AR p.185 · 31-MAR-26 · +1 DOC | ||||||||
| POWERGRIDPower Grid Corporation of India Ltd. | UNSTATED | — | — | — | CAPEX | FY25 | EST | 70% |
| “TRIL's accolades include awards like the "Best Under 1 Billion" Award by Forbes Asia, "Best Equipment Supplier" by GETCO thrice, and recognition from organizat…” AR p.8 · 31-MAR-25 DOC | ||||||||
| Business | UNSTATED | — | — | — | CAPEX | FY25 | EST | 70% |
| “Standalone basis 14 Name of assurance provider N.A. 15 Type of assurance obtained N.A. Sr. No. Description of Main Activity Description of Business Activity % …” AR p.105 · 31-MAR-25 DOC | ||||||||
| PGCIL | UNSTATED | — | — | — | — | 2026-04 | EST | 60% |
| “So it is of utmost importance for PGCIL also to make sure that they have one more vendor in India, which delivers CTC production.” CONCALL p.12 · 30-APR-26 DOC | ||||||||
| SOURCE | READ | % | LAST READ |
|---|---|---|---|
| ANNOUNCEMENTS | 28/28 | 100% | 08-NOV-26 |
| ANNUAL | 2/2 | 100% | 15-OCT-26 |
| CONCALL | 5/5 | 100% | 10-NOV-26 |
| ORDERS | 26/26 | 100% | 08-NOV-26 |
| RATINGS | 0/1 | 0% | — |
| SCREENER | 1/1 | 100% | 10-NOV-26 |
| SIGNAL | VALUE | AS OF | INPUTS |
|---|---|---|---|
| CUSTOMER HHI | 0.150 | 14-NOV-26 | NTPC Ltd. share 3% · Power Grid Corporation of India Ltd. share 11% · Bank of Baroda share 3% · Hitachi Energy India Ltd. share 16% · ABB India Ltd. share 16% · BSE Ltd. share 0% |
| CUST MOM 1M | +7.2% | 14-NOV-26 | from 15-OCT-26 · Bank of Baroda +20.1% w 0 · Hitachi Energy India Ltd. +9.8% w 0 · ABB India Ltd. +3.5% w 0 · Jindal Steel Ltd. +12.4% w 0 · Hindustan Zinc Ltd. +4.5% w 0 · Jindal Saw Ltd. -12.6% w 0 |
| SUPP MOM 1M | -11.6% | 13-NOV-26 | from 14-OCT-26 · Astral Ltd. -11.6% |