Share price jumps

TARIL share price rose 14% after reporting a 135% year-on-year increase in Q2FY27 net profit to ₹79.8 crore.

“TARIL share price today: Transformers and Rectifiers (India) share price jumped 14% on Wednesday, 14 October, after the company reported a sharp rise in its September-quarter earnings, supported by strong revenue growth, improved operating margins and an exceptional gain.”

Q2 profit surge

The company reported a 135% year-on-year increase in consolidated net profit to ₹79.8 crore in Q2FY27, including an exceptional gain of ₹131.5 crore.

Revenue growth

Revenue climbed 60.7% to ₹739.4 crore, while EBITDA margin expanded to 17.4% from 12.8%.

Order book expansion

Its order book grew 32% to ₹7,237 crore, with 97% YoY growth in order inflow.

Changodar expansion

The manufacturing expansion at Changodar is nearing completion, with commercial production expected to begin around Diwali.

Management outlook

Satyen Mamtora, Managing Director and CEO, said the company's Q2FY27 performance strengthened confidence in growth outlook with order inflows and expansion projects.

Investment advice

Rajesh Bhosale, Technical Analyst, expects positive momentum to continue with target price of ₹380 and support at ₹320.

Nuclear power entry

The company entered the nuclear power sector through NPCIL Kaiga Units 5 and 6 project.

What happens next

The company plans to invest in manufacturing capacity, technology and backward integration to support India's growing power infrastructure.