Loading...
Back to narrative

532928: Large Domestic Orders Will Support Stronger Earnings Visibility Ahead

Robust Orders And Grid Expansion Will Sustain Future Demand

532928 logo
532928
AnalystConsensusTarget
Not Invested
Published 28 Jan 2025

Update shared on 10 Dec 2025

Previous
n/a
n/a
AnalystConsensusTarget's Fair Value
n/a
Loading
1Y
-50.2%
7D
18.5%

Analysts have modestly raised their price target on Transformers and Rectifiers (India) to ₹412.50, citing a slightly higher required return, along with sustained expectations for strong revenue growth and stable profit margins.

What's in the News

  • Secured an INR 533.3 million domestic order from Power Grid Corporation of India Limited for repair, erection, testing, and commissioning of a 397 MVA HVDC converter transformer and related works, with delivery targeted for the next financial year (Client Announcements).
  • Won a large INR 3,899.7 million order from Gujarat Energy Transmission Corporation Limited for 53 transformers of various types, taking the total order book from GETCO to INR 4,934.2 million for the quarter, to be delivered by next financial year (Client Announcements).
  • Bagged an additional INR 1,034.5 million order from Gujarat Energy Transmission Corporation Limited for 54 transformers, further strengthening its domestic order pipeline for execution by the next financial year (Client Announcements).
  • Scheduled a board meeting on November 8, 2025, to review unaudited Q2 and half-year FY2026 results and to consider key management changes, including the appointment of Mr. Ajay Shriram Patil as Independent Director for five years and the elevation of CFO Mr. Chanchal S S Rajora to Director Finance (Board Meeting).

Valuation Changes

  • Fair Value: Unchanged at ₹412.50 per share. This indicates no revision to the central valuation estimate despite updated assumptions.
  • Discount Rate: Risen slightly from 16.22 percent to 16.40 percent, reflecting a modestly higher required return applied to future cash flows.
  • Revenue Growth: Effectively unchanged at around 30.72 percent, suggesting analysts continue to expect strong top line expansion.
  • Net Profit Margin: Essentially stable at about 9.85 percent, implying no material shift in long term profitability expectations.
  • Future P/E: Edged up slightly from 40.34x to 40.53x, indicating a marginally higher multiple being assigned to projected earnings.

Have other thoughts on Transformers and Rectifiers (India)?

Create your own narrative on this stock, and estimate its Fair Value using our Valuator tool.

Create Narrative

Disclaimer

AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.