Indo Tech Transformers
INDOTECH NSE
Indo Tech Transformers
Capital GoodsNSE: INDOTECH BSE: 532717 Electrical Equipment
Key Fundamentals
MicrocapElectrical EquipmentCapital GoodsMarket Cap
₹3,693 Cr
Volatility
Moderate
P/E Ratio
37.68
EBITDA
₹131 Cr
Return on Equity
24.82%
Debt to Equity
0.01
Book Value
₹351.89
52W High
₹4,030
52W Low
₹1,100
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
5- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 71.3% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.4%
- Debtor days have improved from 76.8 to 56.5 days.
Weaknesses
3- Stock is trading at 10.0 times its book value
- Promoter holding has decreased over last quarter: -2.82%
- Promoters have pledged 80.3% of their holding.
Growth Rate
Revenue Growth
26.15% lower than
3Y
Net Income Growth
45.23% lower than
3Y
Cash Flow Change
2.86% lower than
3Y
ROE
9.1% lower than
3Y
ROCE
8.35% lower than
3Y
EBITDA Margin (Avg.)
11.94% lower than
3Y
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 93 | 96 | 139 | 175 | 82 | 146 | 177 | 206 | 164 | 183 | 196 | 239 | 228 |
| Expenses | 87 | 85 | 124 | 148 | 74 | 123 | 153 | 185 | 140 | 152 | 163 | 207 | 196 |
| Operating Profit | 6 | 11 | 15 | 27 | 8 | 23 | 24 | 21 | 24 | 31 | 33 | 32 | 32 |
| OPM % | 6% | 12% | 11% | 15% | 10% | 16% | 14% | 10% | 15% | 17% | 17% | 14% | 14% |
| Other Income | 1 | 2 | 1 | 3 | 2 | 3 | 6 | 5 | 3 | 4 | 2 | 1 | 5 |
| Interest | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| PBT | 5 | 11 | 14 | 27 | 8 | 24 | 29 | 24 | 25 | 33 | 34 | 32 | 34 |
| Tax % | 30% | 36% | 24% | 6% | 29% | 28% | 33% | 14% | 23% | 26% | 26% | 25% | 25% |
| Net Profit | 4 | 7 | 11 | 26 | 6 | 18 | 19 | 21 | 19 | 25 | 25 | 24 | 26 |
| EPS in Rs | 3.33 | 6.66 | 10.06 | 24.08 | 5.56 | 16.69 | 18.15 | 19.76 | 18.05 | 23.33 | 23.45 | 22.52 | 24.2 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 157 | 190 | 149 | 220 | 213 | 205 | 206 | 280 | 371 | 503 | 612 | 782 | 846 |
| Expenses | 166 | 191 | 152 | 221 | 215 | 203 | 195 | 258 | 335 | 435 | 527 | 653 | 718 |
| Operating Profit | -9 | -1 | -3 | -1 | -2 | 2 | 11 | 22 | 36 | 68 | 85 | 129 | 128 |
| OPM % | -6% | -0.5% | -2% | -0.6% | -1% | 0.9% | 5% | 8% | 10% | 14% | 14% | 17% | 15% |
| Other Income | 17 | 13 | 2 | 5 | 1 | 5 | 3 | 2 | 3 | 7 | 16 | 10 | 13 |
| Interest | 6 | 2 | 3 | 2 | 2 | 2 | 3 | 7 | 8 | 12 | 11 | 11 | 2 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 5 | 5 |
| PBT | -4 | 4 | -9 | -4 | -8 | 0 | 6 | 12 | 26 | 57 | 86 | 124 | 133 |
| Tax % | 0% | 0% | 24% | 0% | 0% | -1820% | 1% | 2% | 0% | 18% | 26% | 25% | — |
| Net Profit | -4 | 4 | -11 | -4 | -8 | 2 | 6 | 12 | 26 | 47 | 64 | 93 | 99 |
| EPS in Rs | -3.52 | 3.79 | -10.61 | -3.47 | -7.9 | 1.81 | 5.92 | 11.48 | 24.2 | 44.12 | 60.15 | 87.35 | 93.5 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 11% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 140 | 144 | 128 | 123 | 115 | 116 | 123 | 134 | 160 | 207 | 270 | 363 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 11 | 5 | 8 | 5 |
| Other Liabilities | 57 | 59 | 64 | 75 | 69 | 77 | 55 | 94 | 121 | 164 | 150 | 178 |
| Total Liabilities | 207 | 214 | 202 | 209 | 195 | 203 | 188 | 240 | 303 | 386 | 438 | 557 |
| Fixed Assets | 66 | 62 | 54 | 50 | 52 | 48 | 44 | 41 | 44 | 49 | 50 | 75 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 6 | 12 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 141 | 152 | 148 | 159 | 143 | 155 | 144 | 197 | 258 | 337 | 383 | 470 |
| Total Assets | 207 | 214 | 202 | 209 | 195 | 203 | 188 | 240 | 303 | 386 | 438 | 557 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -13 | -3 | -12 | 4 | 17 | -14 | 8 | 22 | -4 | 32 | 55 | 57 |
| Investing | 0 | 8 | -1 | -1 | -1 | -2 | -3 | -9 | -15 | -12 | -18 | -53 |
| Financing | 19 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 9 | -8 | 1 | -5 |
| Net Cash Flow | 5 | 6 | -14 | 2 | 16 | -16 | 5 | 13 | -9 | 12 | 39 | -1 |
| Free Cash Flow | -14 | 8 | -14 | 3 | 17 | -16 | 7 | 18 | -12 | 24 | 40 | 23 |
| CFO/OP | 137 | 270 | 400 | -311 | -856 | -756 | 28 | 100 | -12 | 67 | 87 | 68 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 121 | 124 | 146 | 132 | 106 | 131 | 123 | 106 | 127 | 101 | 73 | 56 |
| Inventory Days | 117 | 88 | 162 | 91 | 79 | 113 | 92 | 98 | 102 | 126 | 114 | 131 |
| Days Payable | 97 | 101 | 127 | 116 | 101 | 134 | 96 | 130 | 123 | 88 | 40 | 38 |
| Cash Conversion Cycle | 141 | 111 | 181 | 107 | 84 | 110 | 118 | 75 | 106 | 139 | 147 | 149 |
| Working Capital Days | 150 | 123 | 168 | 110 | 67 | 105 | 112 | 74 | 80 | 79 | 73 | 75 |
| ROCE % | 1% | -3% | -4% | -1% | -5% | 2% | 7% | 14% | 21% | 34% | 38% | 40% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Indo Tech Transformers insights
61 extracted metrics + investor summaries across FY11–FY26.
Documents
2
Closure of Trading Window
31 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results; Board date to be notified. 31 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results; Board date to be notified.
3
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
11 Mar - Renew Wind Energy canceled supply of 6 transformers worth INR 64.99 Cr; order dated 08-Jan-2026; project delay. 11 Mar - Renew Wind Energy canceled supply of 6 transformers worth INR 64.99 Cr; order dated 08-Jan-2026; project delay.
4
Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Feb - Of newspaper publication on financial results in Financial Express and Makkal Kural dated February 06, 2026 6 Feb - Of newspaper publication on financial results in Financial Express and Makkal Kural dated February 06, 2026
5
Board Meeting Outcome for Intimation Of Financial Results For The Quarter And Nine Month Period Ended December 31, 2025
4 Feb - Unaudited standalone Q3 and nine-month results for period ended Dec 31, 2025; limited review enclosed. 4 Feb - Unaudited standalone Q3 and nine-month results for period ended Dec 31, 2025; limited review enclosed.
Frequently Asked Questions about Indo Tech Transformers
What does Indo Tech Transformers Ltd do?
Indo Tech Transformers Ltd. is engaged in the business of manufacturing power and distribution transformers and various special application transformers, mobile substation transformers and substations. [1]
Where is Indo Tech Transformers Ltd (INDOTECH) listed?
Indo Tech Transformers Ltd trades as INDOTECH on the NSE and under code 532717 on the BSE.
Which sector does Indo Tech Transformers Ltd belong to?
Indo Tech Transformers Ltd is classified under the Capital Goods sector, in the Electrical Equipment industry.
What is the market capitalisation of Indo Tech Transformers Ltd?
Indo Tech Transformers Ltd has a market capitalisation of ₹3,693 Cr, which places it in the Small Cap band.
What is the PE ratio of Indo Tech Transformers Ltd?
Indo Tech Transformers Ltd trades at a PE ratio of 37.68, against a book value of ₹351.89 per share.
What is the 52-week high and low of Indo Tech Transformers Ltd?
Over the last 52 weeks Indo Tech Transformers Ltd has traded between ₹1,100 and ₹4,030.
Does Indo Tech Transformers Ltd pay dividends?
Indo Tech Transformers Ltd has a dividend yield of 0.28%.
What is the Return on Equity (ROE) of Indo Tech Transformers Ltd?
Indo Tech Transformers Ltd reported a return on equity of 24.82%. Its debt-to-equity ratio is 0.01.
Company Information
Indo Tech Transformers Ltd. is engaged in the business of manufacturing power and distribution transformers and various special application transformers, mobile substation transformers and substations. [1]
Website indo-tech.com
CEO Mr. C.P. Sai Krishnan
Listed 2006-03-16
Face Value ₹ 10
Issued Size 1,06,20,000
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