Transformers and Rectifiers (India) Ltd. (TARIL)

TRIL is a leading Indian manufacturer specializing in Power, Furnace, and Rectifier Transformers. The company is renowned for its indigenous production of high-voltage transformers, including the world’s first 420 kV ester fluid-filled shunt reactor.

Key Highlights

  • Product Portfolio: Offers transformers up to 1200 kV for diverse applications, contributing to FY24 revenue as follows:
    • Power Transformers: 58%
    • Shunt Reactors: 4%
    • Distribution Transformers: 12%
    • Furnace Transformers: 6%
    • Rectifier Transformers: 5%
  • Global Presence: Completed 16,000+ installations across 25+ countries.
  • Customer Base (FY24): Utilities (31%), Industrial/Renewables (49%), Exports (11%).
  • Order Book: Stands at ₹2,582 crore as of FY24, with significant growth compared to ₹1,499 crore in FY23.

Capabilities

  • Expertise in ultra-high voltage transformers (up to 1200 kV AC) and diverse transformer types, including reactors and distribution units.
  • Dynamic Short Circuit Testing: Conducted 153 tests, the highest in India and Asia Pacific.

Infrastructure & Expansion

  • Manufacturing capacity: 37,200 MVA across three Gujarat units.
  • New facility (12,000 MVA) to support renewable energy, operational by Q3FY25.

Technological Tie-ups

Collaborates with global leaders like Zaporozhtransformator (Ukraine), Fuji Electric (Japan), and Jiangsu Jingke (China).

Subsidiaries & Financing

  • Operates through four subsidiaries and a joint venture.
  • Raised ₹120 crore through preferential issue in October 2023.

TRIL continues to strengthen its presence in power and industrial sectors, leveraging innovation and global partnerships.

Investor Presentation- Q2-2024-25