Transformers And Rectifiers (BSE: 532928) is a Ahmedabad, Gujarat-based company in the Power Transmission and Distribution Equipments industry. With a market capitalisation of ₹9,889 Cr, it ranks #586 by market cap among the 6,137 Indian listed companies on FinBizNet, and #11 of 29 in Power Transmission and Distribution Equipments. At ₹303.90 (as of 25 Oct 2026), the share price is 37.2% below its 52-week high of ₹483.95 and 35.6% above its 52-week low of ₹224.05. The share price is down 37.3% over one year and up 3.0% over three months.
| Current Price | ₹303.90 |
|---|---|
| Market Cap | ₹9,889 Cr |
| BSE Code | 532928 |
| Sector | Industrials > Capital Goods > Electrical Equipment |
| Sub-Industry | Heavy Electrical Equipment > Power Transmission and Distribution Equipments |
| P/E Ratio | 36.8 |
| Return on Equity | 19.33% |
| Return on Assets | 9.92% |
| 52-Week Range | ₹224.05 – ₹483.95 |
| 1-Year Price Change | -37.3% |
| 3-Month Price Change | +3.0% |
| Beta (1Y) | 0.44 |
| Dividend Yield | 0.08% |
| Headquarters | Ahmedabad, Gujarat |
| Website | www.transformerindia.com |
| Revenue | ₹739 Cr |
|---|---|
| Net Profit | ₹81 Cr |
| Net Margin | 11.0% |
| EPS (Basic) | ₹2.66 |
| Basis | consolidated |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
Transformers and Rectifiers (India) Limited, together with its subsidiaries, manufactures and sells transformers in India. The company provides power transformers, such as generator transformers, unit and station auxiliary transformers, small and medium power transformers, and trackside transformers for railways; and rectifier transformers, including 6 and 12/24 pulse transformers with IPT, as well as transformers for bridge construction. It offers distribution transformers, including energy efficient transformers, transformers with packaged substations, copper and aluminium wounds, hermitically sealed type transformers, and transformers with corrugated cooling fins. In addition, the company provides furnace transformers consisting of electric arc furnace and submerged arc furnace transformers, ladle refining furnace transformers, induction furnace transformers, and DC arc furnace transformers; specialty transformers, including testing and earthing transformers and transformers having
1. Manufacturing of Transformers and Its Components-This segment manufactures and sells power, furnace, and rectifier transformers.
1. Manufacturing of Transformers-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
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| Hitachi Energy India Ltd | ₹1,29,215 Cr | 129.2 | 21.04% | ₹2,494 Cr | +48.6% |
| Siemens Limited | ₹1,29,058 Cr | 86.1 | 17.44% | ₹4,714 Cr | +4.1% |
| Siemens Energy India Limited | ₹1,02,883 Cr | 92 | — | ₹2,486 Cr | -15.5% |
| GE Vernova T&D India Ltd | ₹1,01,420 Cr | 81.4 | 55.26% | ₹1,836 Cr | +26.8% |
| Schneider Electric Infrastructure Ltd. | ₹27,676 Cr | 127 | 31.81% | ₹651 Cr | +34.7% |
| Atlanta Electricals Limited | ₹13,036 Cr | 62.2 | 21.71% | ₹466 Cr | +55.3% |
| Karamtara Engineering Limited | ₹12,434 Cr | 47.3 | — | ₹1,581 Cr | — |
| Transformers And Rectifiers | ₹9,889 Cr | 36.8 | 19.33% | ₹739 Cr | -37.3% |
Listed by market capitalisation. Ratios are shown for context only.
Transformers And Rectifiers is trading at ₹303.90, with a market capitalisation of ₹9,889 Cr.
Transformers And Rectifiers operates in the Industrials > Capital Goods > Electrical Equipment space (Heavy Electrical Equipment > Power Transmission and Distribution Equipments).
Transformers And Rectifiers has a P/E of 36.8 and a return on equity of 19.33%.
Transformers And Rectifiers is listed on the BSE under the scrip code 532928.
Transformers And Rectifiers's share price is down 37.3% over one year and up 3.0% over three months. Its 52-week range is ₹224.05 to ₹483.95.
In Q2 FY27, Transformers And Rectifiers reported revenue of ₹739 Cr and net profit of ₹81 Cr, with basic EPS of ₹2.66 (consolidated, parsed from the company's exchange filing).
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.