Transformers and Rectifiers (India) Ltd
Transformers and Rectifiers (India) Q2 FY27 Profit Rs. 75.01 Crore
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 13 Oct 2026, 03:35 PM IST · BSE ID: 06c2f7a9-b2a2-4d86-a8b4-56e10acdce4d
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported strong financial results for the second quarter, with higher revenue and profit.
🤖 AI Summary
- Board of Directors approved Unaudited Standalone and Consolidated Financial Results for Q2 and H1 FY27.
- Revenue from Operations for Q2 FY27 was Rs. 709.04 Crore, up from Rs. 428.42 Crore YoY.
- Profit for the period (PAT) for Q2 FY27 stood at Rs. 75.01 Crore, compared to Rs. 16.80 Crore YoY.
- Basic Earnings Per Share (EPS) for Q2 FY27 was Rs. 2.50, against Rs. 0.56 YoY.
- A subsidiary, Maxwell Grid Transformers (UK) Private Limited, was incorporated on September 4, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from Operations (Q2 FY27)
709.04 Rs. in Crore
65.5%
Profit for the period (Q2 FY27)
75.01 Rs. in Crore
346.5%
Basic EPS (Q2 FY27)
2.50 Rs.
346.4%
Total Assets (Sep 30, 2026)
2,817.90 Rs. in Crore
Total Borrowings (Sep 30, 2026)
544.58 Rs. in Crore
🏢 How This Affects the Company
The increase in revenue from operations to Rs. 709.04 Crore in Q2 FY27 indicates growth in the company's core transformer and rectifier manufacturing business. The incorporation of a UK subsidiary suggests a potential future international expansion strategy.
Profit for the period (PAT) increased to Rs. 75.01 Crore in Q2 FY27, improving profitability. Total Assets increased from Rs. 2,500.30 Crore as of March 31, 2026, to Rs. 2,817.90 Crore as of September 30, 2026.
The Company's operations remain limited to one segment: Manufacturing of Transformers and Rectifiers. The newly incorporated UK subsidiary has not yet commenced operations.
Non-current borrowings increased from Rs. 53.08 Crore on March 31, 2026, to Rs. 125.48 Crore on September 30, 2026. Current borrowings also increased from Rs. 370.92 Crore to Rs. 419.10 Crore.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, as reflected in the increased revenue and profit for the period for Q2 FY27, and higher Basic EPS of Rs. 2.50.
🔍
Management Signal
The approval of robust financial results and the incorporation of a UK subsidiary indicate management's focus on operational growth and potential future expansion.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 financial results — check for sustained revenue and profit growth
Updates on Maxwell Grid Transformers (UK) Private Limited's operations
Any further disclosures regarding order book additions or project executions
MEDIUM RISK
Increased finance costs and a rise in total borrowings are noted. The UK subsidiary has not yet commenced operations.
💡 Investor Takeaway
Transformers and Rectifiers (India) Ltd reported Q2 FY27 standalone revenue from operations of Rs. 709.04 Crore, marking a 65.5% increase year-on-year from Rs. 428.42 Crore in Q2 FY26. Profit for the period rose to Rs. 75.01 Crore from Rs. 16.80 Crore in the prior year period. Basic EPS increased to Rs. 2.50 from Rs. 0.56.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from Operations increased to Rs. 709.04 Crore in Q2 FY27 from Rs. 428.42 Crore in Q2 FY26.
- Profit for the period (PAT) significantly grew to Rs. 75.01 Crore in Q2 FY27 from Rs. 16.80 Crore in Q2 FY26.
⚠️ Concerns
- Finance costs increased to Rs. 12.96 Crore in Q2 FY27 from Rs. 10.75 Crore in Q2 FY26.
- Total borrowings (current and non-current) increased from Rs. 424.00 Crore on March 31, 2026, to Rs. 544.58 Crore on September 30, 2026.
📅 Company Track Record
Transformers and Rectifiers (India) Ltd reported FY26 revenue of Rs. 2,395 Crore, a 23% year-on-year increase, supported by an order book of Rs. 5,005 Crore. Q2 FY27 standalone net profit of Rs. 75.01 Crore and revenue of Rs. 709.04 Crore build upon this trend.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Transformers and Rectifiers (India) Ltd's revenue from operations in Q2 FY27?
Transformers and Rectifiers (India) Ltd reported Revenue from Operations of Rs. 709.04 Crore for the quarter ended September 30, 2026.
What was the Profit for the period for Transformers and Rectifiers (India) Ltd in Q2 FY27?
The Profit for the period for Transformers and Rectifiers (India) Ltd in Q2 FY27 was Rs. 75.01 Crore.
What was the Basic Earnings Per Share (EPS) for Transformers and Rectifiers (India) Ltd in Q2 FY27?
Basic EPS for Transformers and Rectifiers (India) Ltd in Q2 FY27 was Rs. 2.50.
Did Transformers and Rectifiers (India) Ltd incorporate any new subsidiaries?
Yes, Transformers and Rectifiers (India) Ltd incorporated a subsidiary company, Maxwell Grid Transformers (UK) Private Limited, in the United Kingdom on September 4, 2026.
What are the total assets of Transformers and Rectifiers (India) Ltd as of September 30, 2026?
The total assets of Transformers and Rectifiers (India) Limited as of September 30, 2026, stood at Rs. 2,817.90 Crore.
Questions based on this BSE filing only. For information purposes.