profit from every ₹100 of sales.
Trans & Recti.
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹35.90 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Trans & Recti. sold, what it kept, and what it did with the cash.
Sales went from ₹13.7 billion in 2023 to ₹25.1 billion in 2026, with ₹2.64 billion of profit last year.
Trans & Recti. vs. similar companies
Trans & Recti. grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Trans & Recti. | 35.9× · Expensive | ||
Contemporary Amperex Technology | 21.1× · Fair price | ||
ABB | 32.4× · Expensive | ||
Vertiv | 59.7× · Expensive | ||
Delta Electronics (Thailand) Public | 97.8× · Very expensive |
AI analysis
An AI analyst reads Trans & Recti.'s last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 13,729 | 12,673 | 20,194 | 25,088 | |
| 2,783 | 3,131 | 6,349 | 8,139 | |
| 1,026 | 1,225 | 3,005 | 3,533 | |
| 1,188 | 1,274 | 3,624 | 4,440 | |
| 407 | 445 | 2,143 | 2,644 | |
| 1.54 | 0.82 | 7.14 | 8.81 | |
| 20.3% | 24.7% | 31.4% | 32.4% | |
| 7.5% | 9.7% | 14.9% | 14.1% | |
| 3.0% | 3.5% | 10.6% | 10.5% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 11,857 | 11,683 | 21,850 | 26,657 |
| Cash | 47 | 16 | 53 | 81 |
| Total debt | 3,303 | 2,560 | 2,828 | 4,567 |
| Total liabilities | 7,839 | 6,054 | 9,126 | 11,227 |
| 3,941 | 5,544 | 12,519 | 15,148 | |
| 265 | 274 | 300 | 300 | |
| 9.8% | 9.5% | 16.4% | 15.8% | |
| 10.3% | 8.0% | 17.1% | 17.5% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 284 | 292 | 1,566 | -1,054 | |
| 103 | 158 | 2,348 | 1,094 | |
| 181 | 133 | -782 | -2,148 | |
| Dividends paid | 20 | 20 | 29 | 60 |
| – | – | – | – | |
| – | – | 0 | 103 |
Valuation
- 35.9×
- –
- 0.45
- 6.0×
- 3.8×
- –
- 22.4×
- -2.3%
- 2.8%
- 0.1%
Profitability
- 32.4%
- 14.1%
- 10.5%
- –
- 15.8%
- 12.9%
- –
- –
- –
- –
Growth
- +22.3%
- +79.0%
- –
- –
- +4.2%
Financial health
- 1.0×
- 0.30
- –
- 8.1×
- 1.82
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
2.3% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Trans & Recti.
Is Trans & Recti. a good stock to buy?
A solid business, but the price is high. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Trans & Recti. AI analysis
What does Trans & Recti. do?
Transformers and Rectifiers (India) Limited, together with its subsidiaries, manufactures and sells transformers in India. It is in Electrical Equipment & Parts, based in Ahmedabad, India.
Does Trans & Recti. pay a dividend?
Yes. At today's price the dividend is 0.1% a year, about 2% of its yearly profit. In 2026 it paid out ₹60.0 million in dividends.
Is Trans & Recti. stock halal?
Yes. Trans & Recti. passes our halal screen: its business is permitted and its debt is 5% of its market value, under the 30% limit. How we check
How has Trans & Recti. stock done over the past year?
Up 3.2% over the past twelve months, to ₹316.25. It traded between ₹229.58 and ₹358.95 and is 11.9% below its high.
Who are Trans & Recti.'s competitors?
The largest listed companies in the same industry are Contemporary Amperex Technology, ABB, Vertiv and Delta Electronics (Thailand) Public. The peers table on this page compares their profit, growth and price with Trans & Recti.'s.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



