Ahmedabad, India – November 25, 2025 – Transformers and Rectifiers (India) Limited (TARIL), a leading player in the Indian power equipment sector, has announced a significant new order win, bolstering its order book and reinforcing its market position.
In a regulatory filing submitted to the BSE Limited and the National Stock Exchange of India Limited today, the company disclosed that it has secured a substantial new contract valued at ₹389.97 Crore. This disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Details of the New Contract
The contract has been awarded by Gujarat Energy Transmission Corporation Limited (GETCO), a key state-owned transmission utility. The order entails the manufacturing and supply of 53 units of various types of transformers.
Key operational and financial specifics of the order are as follows:
- Awarding Entity: Gujarat Energy Transmission Corporation Ltd. (GETCO) – a Domestic entity.
- Nature of Contract: Manufacturing of the aforementioned transformers and related work.
- Order Value: ₹389.97 Crore.
- Execution Timeline: The delivery of all transformers is scheduled to be completed by the next financial year.
- Related Party Transaction: The company has confirmed that this order does not constitute a related party transaction and that its promoters have no interest in the entity that awarded the contract.
Significant Boost to Order Book
This new order significantly enhances TARIL’s visibility and revenue pipeline. The company highlighted in its filing that with this latest win, the total order book received from GETCO alone in the current quarter has reached an impressive ₹493.42 crore. This indicates strong, recurring business from a major client and points towards robust execution capabilities.
Company Profile and Market Position
Transformers and Rectifiers (India) Limited is recognized as the second-largest transformer manufacturing company in India based on capacity. The company boasts world-class infrastructure spread across three manufacturing plants located in and around Ahmedabad, Gujarat.
TARIL’s product portfolio includes a wide range of power, distribution, furnace, and specialty transformers. With a skilled workforce of approximately 1,200 employees, the company has built a reputation for adhering to high-quality benchmarks, which has been instrumental in securing large-scale orders from prestigious clients like GETCO.
This contract win is expected to contribute positively to the company’s financial performance in the coming quarters, reflecting the ongoing investments and demand in India’s power transmission sector.
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Not a SEBI Registered Analyst
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