TARIL Q1 FY27 Earnings Call Transcript Released; Order Book at ₹6,630 Crore
Transformers and Rectifiers (India) Limited released its Q1 FY27 earnings call transcript. The company's unexecuted order book stands at ₹6,630 crore, up 26% YoY. Q1 FY27 order inflow was ₹2,114 crore (up 218% YoY), including a ₹1,000+ crore order from PGCIL. TARIL targets 25% revenue growth in FY27 with 16% EBITDA margin.
The substantial growth in order book and inflow, coupled with strategic backward integration and clear financial targets, indicates strong future revenue visibility and operational improvements, which are highly material for investors.
The announcement details significant year-on-year growth in order book and order inflows, alongside strategic backward integration initiatives and positive financial targets for FY27. The company also highlights progress in testing and capacity expansion.
Transformers and Rectifiers (India) Limited (TARIL) has released the transcript of its Q1 FY27 earnings conference call, held on July 21, 2026, to discuss the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company reported an unexecuted order book of ₹6,630 crore as of June 30, 2026, representing a 26% year-on-year growth. This order book is executable over the next 18 to 24 months.
During Q1 FY27, TARIL received healthy order inflows of ₹2,114 crore, a 218% year-on-year increase. Key orders include an ultra-mega order from PGCIL above ₹1,000 crore, an order from GETCO of about ₹228 crore, an order from RRVPNL of ₹175 crore, and an export order from PDC AK LPIV, LLC - USA of about ₹150 crore. The company currently has ₹23,000 crore of inquiries under negotiation.
TARIL is focusing on backward integration initiatives, including CTC facility, pressboard and insulation facility, RIP bushings facility, and fabrication facility, with targeted commissioning dates between Q2 FY27 and Q1 FY28. These initiatives aim to cater to approximately 80% to 85% of raw material requirements in-house. The company is targeting 25% revenue growth in FY27, with an EBITDA margin of 16% and a PAT margin of 9% to 10%. On a consolidated basis, Q1 FY27 revenue was ₹572 crore, with EBITDA at ₹110 crore and PAT at ₹64 crore. Consolidated EBITDA margin stood at a healthy 19.2%.
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Transformers And Rectifiers (India) Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Transformers And Rectifiers (India) Limited. Read the original for the full detail.