company background image
TRIL

Transformers and Rectifiers (India) NSEI:TRIL Stock Report

Last Price

₹28.80

Market Cap

₹3.8b

7D

6.5%

1Y

-8.3%

Updated

29 Jun, 2022

Data

Company Financials
TRIL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health2/6
Dividends1/6

TRIL Stock Overview

Transformers and Rectifiers (India) Limited, together with its subsidiaries, manufactures, sells, and exports transformers in India and internationally.

Transformers and Rectifiers (India) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Transformers and Rectifiers (India)
Historical stock prices
Current Share Price₹28.80
52 Week High₹46.60
52 Week Low₹23.60
Beta1.51
1 Month Change-3.03%
3 Month Change-12.60%
1 Year Change-8.28%
3 Year Change141.00%
5 Year Change-17.31%
Change since IPO242.25%

Recent News & Updates

Jun 18
Do Transformers and Rectifiers (India)'s (NSE:TRIL) Earnings Warrant Your Attention?

Do Transformers and Rectifiers (India)'s (NSE:TRIL) Earnings Warrant Your Attention?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...

Mar 03
Here's What To Make Of Transformers and Rectifiers (India)'s (NSE:TRIL) Decelerating Rates Of Return

Here's What To Make Of Transformers and Rectifiers (India)'s (NSE:TRIL) Decelerating Rates Of Return

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...

Shareholder Returns

TRILIN ElectricalIN Market
7D6.5%3.5%3.0%
1Y-8.3%13.1%0.3%

Return vs Industry: TRIL underperformed the Indian Electrical industry which returned 14.1% over the past year.

Return vs Market: TRIL underperformed the Indian Market which returned 0.6% over the past year.

Price Volatility

Is TRIL's price volatile compared to industry and market?
TRIL volatility
TRIL Average Weekly Movement6.9%
Electrical Industry Average Movement6.6%
Market Average Movement7.0%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: TRIL is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: TRIL's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981516Satyen Mamtorahttps://www.transformerindia.com

Transformers and Rectifiers (India) Limited, together with its subsidiaries, manufactures, sells, and exports transformers in India and internationally. It provides power transformers, such as generator transformers, unit and station auxiliary transformers, interconnecting transformers, and trackside transformers for railways; and rectifier transformers, including six and twelve pulse transformers with IPT, as well as transformers for bridge connection and railway traction. The company also offers distribution transformers, energy efficient transformers, transformers for solar and wind applications, and transformers for mines applications, as well as hermitically sealed and conservator type of construction transformers.

Transformers and Rectifiers (India) Fundamentals Summary

How do Transformers and Rectifiers (India)'s earnings and revenue compare to its market cap?
TRIL fundamental statistics
Market Cap₹3.82b
Earnings (TTM)₹139.90m
Revenue (TTM)₹11.58b

27.3x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TRIL income statement (TTM)
Revenue₹11.58b
Cost of Revenue₹9.24b
Gross Profit₹2.34b
Other Expenses₹2.20b
Earnings₹139.90m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.06
Gross Margin20.23%
Net Profit Margin1.21%
Debt/Equity Ratio89.0%

How did TRIL perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

9%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is TRIL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TRIL?

Other financial metrics that can be useful for relative valuation.

TRIL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA9.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does TRIL's PE Ratio compare to its peers?

TRIL PE Ratio vs Peers
The above table shows the PE ratio for TRIL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average15.7x
522281 Ram Ratna Wires
7xn/a₹3.7b
590031 De Nora India
29xn/a₹4.5b
532051 Swelect Energy Systems
14.7xn/a₹4.8b
517059 Salzer Electronics
12.2xn/a₹2.8b
TRIL Transformers and Rectifiers (India)
27.3xn/a₹3.8b

Price-To-Earnings vs Peers: TRIL is expensive based on its Price-To-Earnings Ratio (27.3x) compared to the peer average (15.7x).


Price to Earnings Ratio vs Industry

How does TRIL's PE Ratio compare vs other companies in the IN Electrical Industry?

Price-To-Earnings vs Industry: TRIL is expensive based on its Price-To-Earnings Ratio (27.3x) compared to the Indian Electrical industry average (19.7x)


Price to Earnings Ratio vs Fair Ratio

What is TRIL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TRIL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TRIL's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of TRIL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TRIL (₹28.8) is trading above our estimate of fair value (₹0.72)

Significantly Below Fair Value: TRIL is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TRIL's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is Transformers and Rectifiers (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.7%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Transformers and Rectifiers (India) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

Past Performance

How has Transformers and Rectifiers (India) performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


1.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TRIL has high quality earnings.

Growing Profit Margin: TRIL's current net profit margins (1.2%) are higher than last year (1%).


Past Earnings Growth Analysis

Earnings Trend: TRIL's earnings have grown by 1% per year over the past 5 years.

Accelerating Growth: TRIL's earnings growth over the past year (98.2%) exceeds its 5-year average (1% per year).

Earnings vs Industry: TRIL earnings growth over the past year (98.2%) exceeded the Electrical industry 47.6%.


Return on Equity

High ROE: TRIL's Return on Equity (3.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Transformers and Rectifiers (India)'s financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TRIL's short term assets (₹9.1B) exceed its short term liabilities (₹6.7B).

Long Term Liabilities: TRIL's short term assets (₹9.1B) exceed its long term liabilities (₹742.3M).


Debt to Equity History and Analysis

Debt Level: TRIL's net debt to equity ratio (76.2%) is considered high.

Reducing Debt: TRIL's debt to equity ratio has increased from 63.4% to 89% over the past 5 years.

Debt Coverage: TRIL's debt is not well covered by operating cash flow (0.6%).

Interest Coverage: TRIL's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Transformers and Rectifiers (India) current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.35%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: TRIL's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: TRIL's dividend (0.35%) is low compared to the top 25% of dividend payers in the Indian market (1.85%).


Stability and Growth of Payments

Stable Dividend: TRIL's dividend payments have been volatile in the past 10 years.

Growing Dividend: TRIL's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (9.4%), TRIL's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: TRIL is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average management tenure


CEO

Satyen Mamtora (47 yo)

11.17yrs

Tenure

₹4,362,300

Compensation

Mr. Satyen Jitendra Mamtora has been the Managing Director of Transformers & Rectifiers (India) Ltd. since April 28, 2011. Mr. Mamtora served as Joint Managing Director of Transformers & Rectifiers from Ap...


CEO Compensation Analysis

Compensation vs Market: Satyen's total compensation ($USD55.21K) is above average for companies of similar size in the Indian market ($USD38.25K).

Compensation vs Earnings: Satyen's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: TRIL's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: TRIL's board of directors are seasoned and experienced ( 12.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Transformers and Rectifiers (India) Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Transformers and Rectifiers (India) Limited
  • Ticker: TRIL
  • Exchange: NSEI
  • Founded: 1981
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: ₹3.818b
  • Shares outstanding: 132.56m
  • Website: https://www.transformerindia.com

Number of Employees


Location

  • Transformers and Rectifiers (India) Limited
  • Survey No. 427 P/3-4 and 431 P/1-2
  • Sarkhej-Bavla Highway
  • Ahmedabad
  • Gujarat
  • 382213
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.