TARIL
OVERVALUEDTransformers And Rectifiers (India) Limited
Capital Goods · NSE
↓ 66.2% vs fair value
52W Low
₹224
+38.7% from low
52W High
₹579
-46.3% from high
Valuation Gauge
Current Price
₹311
Fair Value
₹187
Fair Value Analysis
₹187
Based on balance sheet strength analysis and earnings growth potential for Capital Goods sector companies | ROCE improving (latest 21.3%) — capital allocation becoming more efficient. | Growth capped at 23.5% (ROE 20.4%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable. | COVID-resilient: PAT dropped from ₹5Cr (FY2019) to ₹1Cr (FY2020) during COVID but has fully recovered.
Balance Sheet Value
71% weight
Growth Valuation
29% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Financially Healthy
Profitability
ROE of 19.3% is above the Capital Goods sector benchmark of 15% — strong returns
Debt & Leverage
D/E ratio of 0.3x is well within the Capital Goods sector norm of 2.0x — strong balance sheet
Valuation vs Peers
P/E of 34.2x trades at a 69% discount to Capital Goods sector median (112x) — attractively valued
Cash Flow
Negative FCF of ₹-215 Cr — company is consuming more cash than it generates
Earnings Growth
5yr EPS CAGR of 86.5% is well above the Capital Goods sector average of 42.2% — strong growth
Dividend
Dividend yield of 0.1% is symbolic — low but positive
Company Health Timeline
10-year financial health at a glance
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
-1.2%
Free cash flow / market cap
Revenue Growth (YoY)
+15.8%
Year-on-year revenue change
Profit Growth (YoY)
-3.2%
Year-on-year PAT change
Operating Cash Flow
₹-105 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹8.8
P/E Ratio
34.3x
P/B Ratio
6.1x
ROE
19.3%
ROCE
25.3%
Debt / Equity
0.3x
Beta
-0.25
Div Yield
0.1%
FCF (Cr)
₹-215 Cr
Revenue (Cr)
₹2,509 Cr
EPS Growth 5Y
86.5%
Mkt Cap (Cr)
₹9,029 Cr
52W High
₹578.5
52W Low
₹224.1
Book Value/Share
₹49.5
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| 2026-03-31 | ₹2.5K Cr | ₹383 Cr | 15.0% | ₹272 Cr | ₹8.81 |
| 2025-03-31 | ₹2.0K Cr | ₹327 Cr | 16.0% | ₹216 Cr | ₹7.14 |
| 2024-03-31 | ₹1.3K Cr | ₹134 Cr | 10.0% | ₹47 Cr | ₹1.56 |
| 2023-03-31 | ₹1.4K Cr | ₹121 Cr | 9.0% | ₹42 Cr | ₹1.54 |
| 2022-03-31 | ₹1.2K Cr | ₹74 Cr | 6.0% | ₹14 Cr | ₹0.53 |
| 2021-03-31 | ₹742 Cr | ₹69 Cr | 9.0% | ₹8 Cr | ₹0.27 |
| 2020-03-31 | ₹701 Cr | ₹51 Cr | 7.0% | ₹1 Cr | ₹0.02 |
| 2019-03-31 | ₹855 Cr | ₹61 Cr | 7.0% | ₹5 Cr | ₹0.17 |
| 2018-03-31 | ₹716 Cr | ₹65 Cr | 9.0% | ₹6 Cr | ₹0.20 |
| 2017-03-31 | ₹821 Cr | ₹87 Cr | 11.0% | ₹24 Cr | ₹0.88 |
| 2016-03-31 | ₹657 Cr | ₹38 Cr | 6.0% | ₹-7 Cr | ₹-0.28 |
| 2015-03-31 | ₹553 Cr | ₹31 Cr | 6.0% | ₹-8 Cr | ₹-0.30 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Capital Goods| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Electrosteel Castings Limited | ₹78.2 | ₹228.8 | +65.8% | 16.1 | 13.2% | UNDERVALUED |
Vesuvius India Limited | ₹466 | ₹1,325.9 | +64.8% | 37.2 | 17.1% | UNDERVALUED |
Power Finance Corporation | ₹430.4 | ₹824.5 | +47.8% | 5.7 | 20.5% | FAIRLY_VALUED |
REC | ₹336.9 | ₹618.3 | +45.5% | 5.6 | 20.0% | FAIRLY_VALUED |
Surya Roshni Limited | ₹245.1 | ₹381.4 | +35.7% | 16.6 | 12.8% | FAIRLY_VALUED |
Shakti Pumps (India) Limited | ₹504.1 | ₹695.5 | +27.5% | 24.2 | 18.0% | UNDERVALUED |
AGI Greenpac Limited | ₹578.6 | ₹663.1 | +12.8% | 10.7 | 15.6% | FAIRLY_VALUED |
Elecon Engineering | ₹534 | ₹544.2 | +1.9% | 31.9 | 15.8% | FAIRLY_VALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
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