TARIL Q2 profit rises 338% as order book reaches ₹7,237 crore
As filed · Transformers And Rectifiers (India) Limited has informed the Exchange regarding a press release dated October 13, 2026, titled "Press Release on the Unaudited Standalone and Consolidated Financial Res
What happened
FactTransformers and Rectifiers (India) reported Q2FY27 standalone revenue of ₹709.04 crore, up 66% YoY, while EBITDA rose 205% to ₹113.90 crore and PAT increased 338% to ₹75.06 crore. Q2 order inflow grew 97% YoY to ₹1,169 crore, taking the unexecuted order book to ₹7,237 crore as of 30 September 2026; the company said this is executable over the next 18–24 months.
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
WithdrawnRevenue target for current Financial Year - ₹ 2,600 Crores
We expect meaningful improvement in operational efficiency and execution levels with the growth expected to pick up from Q3 FY27 onwards.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
- the company is constantly working and progressing towards 1 billion by FY'28, FY'29. (management committed by FY28)
- We are targeting 25% revenue growth in FY27 along with EBITDA margin of 16% and PAT margin of 9% to 10%. (management committed by FY27)
Evidence
- Transformers And Rectifiers (India) Limited has informed the Exchange regarding a press release dated October 13, 2026, titled "Press Release on the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended 30th September, 2026. ".(opens the original filing in a new tab)
- Earlier statement · Q4 FY25
- Latest statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- The higher profitability and expanding order book provide revenue visibility, while the company expects the order book to be executed over the next 18–24 months. The Changodar manufacturing expansion, expected to start commercial production around Diwali, is intended to support execution of this backlog.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%