Tarapur Transformers Ltd
NSE: TARAPUR · Heavy Electrical Equipment · sector
₹12.85NSE close 2026-10-26
Key numbers
Market cap₹25 cr
Price₹12.85
52w high / low₹40 / ₹11
P/E–Sector median 27.8x
P/B–Sector median 5.4x
Book value₹-0.9
Dividend yield–Sector median 0.19%
ROE–Sector median 18.8%
ROCE–Sector median 21.4%
OPM-1,191.2%Sector median 15.1%
Debt / equity–Sector median 0.09x
EV/EBITDA–Sector median 21.4x
Interest cover-0.3x
Current ratio0.57x
Sales growth 3y–Sector median +22.1%
Profit growth 3y–Sector median +27.5%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 43 companies in Heavy Electrical Equipment (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹0 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest -0.3x in the last 12 months.
- 93.31% of the promoters' shares are pledged (20.5% of all shares).
- Operating cash flow was below net profit in 1 of the last 5 years (FY22).
- Net loss in 6 of the last 8 quarters.
- No dividend in the last 5 financial years.
- Price ₹12.85 on 2026-10-26: -67.9% from the 52-week high, +19.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹49.86 · low ₹12.20
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | -0 | 3 | 23 | -0 | -0 | -0 | -0 | -0 |
| OPM % | – | – | – | – | -150.0% | – | – | – |
| Other income | 0 | 0 | -23 | 1 | 0 | 1 | 0 | 0 |
| Net profit | -1 | 2 | -0 | 0 | -0 | -0 | -1 | -0 |
| EPS (₹) | 0.70 | 1.24 | 0.07 | 0.05 | -0.23 | -0.12 | -0.64 | -0.23 |
| Revenue YoY | – | – | – | – | ||||
| Profit YoY | – | -110.0% | – | -540.0% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3 | 3 | 0 | 0 | 0 | 0 |
| EBITDA | -6 | -22 | -1 | 17 | -1 | -1 |
| Net profit | 6 | -23 | -1 | 16 | -2 | -2 |
| EPS (₹) | 3.14 | 11.76 | -0.64 | 8.28 | -0.95 | -1.22 |
| Revenue growth | +37.9% | -95.4% | -100.0% | – | – | |
| Profit growth | -474.2% | – | – | -111.5% | -240.3% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | -240.3% |
| EPS | – | – | – |
| Share price | – | -34.0% (2y) | -63.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | -14 | -15 | 1 | -2 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 1 | 1 | 1 | 0 |
| Total assets | – | 23 | 22 | 12 | 12 |
| Fixed assets | – | 6 | 5 | 4 | 4 |
| Capital work in progress | – | – | 0 | 0 | – |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 0 | 0 | 0 | 0 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 0 | 0 | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -1 | -13 | -0 | 26 | 2 |
| Cash from investing | -2 | 13 | 0 | 0 | 1 |
| Cash from financing | 3 | -1 | -0 | -26 | -3 |
| Capex | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | -1 | -13 | -0 | 26 | 2 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 158.7% | 8.2% | 2,538.9% | 99.2% |
| ROCE % | – | 156.7% | 5.8% | 2,771.3% | -13.5% |
| Debtor days | – | 0 | 0 | – | – |
| Inventory days | – | 32 | 0 | – | – |
| Payable days | – | 7 | 87 | – | – |
| Cash conversion cycle (days) | – | 25 | -87 | – | – |
| Working capital days | – | -2,169 | -47,269 | – | – |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 21.95% |
| Public (non-institutions) | 78.05% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 44.63% | 27.71% | 21.95% | 21.95% | 21.95% | 21.95% | 21.95% | 21.95% |
| Promoter group | % |
|---|---|
| Bilpower Limited | 20.48% |
| Rajendrakumar Anandilal Choudhary | 1.40% |
| Choudhary Global Ltd | 0.07% |
| Manjulata Rajendrakumar Choudhary | 0.00% |
| Varshadevi Choudhary | 0.00% |
| Mohan Waman Randive | 0.00% |
| Prabhadevi Choudhary | 0.00% |
| Public holders above 1% | % |
|---|---|
| Comfort Intech Limited | 14.47% |
| Lincoln P Coelho | 1.03% |
18,641 shareholders. Pledged: 93.31% of promoter shares.
Peers in Heavy Electrical Equipment
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| BHEL | ₹1,37,384 cr | 47.7x | 5.1x | 11.2% | 13.5% | 10.1% | +13.1% | 0.12% |
| ABB | ₹1,34,715 cr | 45.1x | 14.4x | 36.1% | 22.4% | 14.0% | – | – |
| CGPOWER | ₹1,31,237 cr | 104.9x | 16.5x | 16.5% | 21.3% | 12.5% | +30.7% | 0.16% |
| POWERINDIA | ₹1,19,751 cr | 104.0x | 23.1x | 24.5% | 29.9% | 14.9% | +22.2% | 0.02% |
| SIEMENS | ₹1,16,725 cr | 35.6x | 8.4x | 25.0% | 14.2% | 10.0% | +41.0% | 0.37% |
| ENRIN | ₹98,074 cr | 65.9x | 20.4x | 34.3% | 42.0% | 20.9% | – | 0.14% |
| GVT&D | ₹97,043 cr | 74.3x | 36.1x | 58.5% | 65.5% | 25.2% | +30.8% | 0.13% |
| SUZLON | ₹51,051 cr | 16.3x | 5.4x | 40.4% | 29.2% | 17.7% | +41.0% | – |
| THERMAX | ₹35,902 cr | 60.5x | 6.5x | 11.3% | 12.5% | 8.6% | +9.8% | 0.44% |
| TARAPUR | ₹25 cr | – | – | – | – | -1,191.2% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-23 | Other | Annual General Meeting |
| 2023-09-22 | Other | Annual General Meeting |
| 2022-09-23 | Other | Annual General Meeting |
| 2021-09-16 | Other | Annual General Meeting |
| 2020-09-24 | Other | Annual General Meeting |
| 2019-09-24 | Other | Annual General Meeting |
| 2018-09-19 | Other | Annual General Meeting |
| 2017-09-15 | Other | Annual General Meeting |
| 2016-09-22 | Other | Annual General Meeting |
| 2015-09-23 | Other | Annual General Meeting |
| 2014-09-23 | Other | Annual General Meeting |
| 2013-09-20 | Other | Annual General Meeting |
| 2012-09-20 | Other | Annual General Meeting |
| 2011-08-23 | Other | Annual General Meeting |
| 2010-09-23 | Dividend | Annual General Meeting And Dividend Re.0.50 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Heavy Electrical Equipment |
| Sub-industry | Heavy Electrical Equipment |
| Symbol | TARAPUR |
| BSE code | 533203 |
| ISIN | INE747K01017 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.