MarketFriction

Tarapur Transformers Ltd

NSE TARAPUR · BSE 533203 · Heavy Electrical Equipment
₹12.20 +0.33%
NSE close2026-10-01
52 week range10.80 - 39.99
Market cap₹24.2 Cr.
GSM Price band 10% Delivery 64.9%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.160.000.000.000.000.000.000.000.000.000.000.00
Expenses0.360.100.138.840.220.160.910.120.200.230.210.34
Operating Profit-0.20-0.10-0.13-8.84-0.22-0.16-0.91-0.12-0.20-0.23-0.21-0.34
OPM %-125.00%
Other Income0.100.240.0423.820.103.391.180.550.080.510.260.18
Interest0.070.140.080.250.370.630.050.170.170.420.240.20
Depreciation0.210.210.200.180.190.180.180.170.160.10-0.030.09
Profit before tax-0.38-0.21-0.3714.55-0.682.420.040.09-0.45-0.24-0.16-0.45
Tax %0.00%0.00%0.00%0.00%0.00%0.00%450.00%0.00%0.00%0.00%681.25%-2.22%
Net Profit-0.39-0.21-0.3714.54-0.682.41-0.130.10-0.44-0.24-1.26-0.44
EPS in Rs-0.20-0.11-0.197.46-0.351.24-0.070.05-0.23-0.12-0.65-0.23
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales22.0128.1412.1811.9511.951.592.533.490.160.000.000.00
Expenses24.3631.0822.3413.2619.7828.418.6725.700.7510.120.740.98
Operating Profit-2.35-2.94-10.16-1.31-7.83-26.82-6.14-22.21-0.59-10.12-0.74-0.98
OPM %-10.68%-10.45%-83.42%-10.96%-65.52%-1,686.79%-242.69%-636.39%-368.75%
Other Income3.302.572.573.86-0.781.3713.46-3.940.5428.481.401.03
Interest0.040.060.260.040.020.010.060.270.361.301.011.03
Depreciation1.961.843.161.781.621.181.130.900.840.730.400.32
Profit before tax-1.05-2.27-11.010.73-10.25-26.646.13-27.32-1.2516.33-0.75-1.30
Tax %0.00%0.00%1.36%0.00%0.00%0.00%0.00%0.04%0.00%1.10%229.33%
Net Profit-1.05-2.26-11.150.73-10.25-26.646.13-27.33-1.2516.15-2.48-2.38
EPS in Rs-0.54-1.16-5.720.37-5.26-13.663.14-14.02-0.648.28-1.27-1.23
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%%%
Compounded Profit Growth-12%14%24%91%
Stock Price CAGR9%24%39%-56%
Return on Equity%%%%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital19.5019.5019.5019.5019.5019.5019.5019.5019.5019.5019.5019.50
Reserves33.4832.4330.1619.0119.759.49-17.15-11.02-33.96-34.82-18.86-21.36
Borrowings35.3336.0636.3636.5334.8632.2032.1735.5635.2435.2510.318.62
Other Liabilities14.4822.2522.207.305.9210.4017.4815.441.741.881.004.88
Total Liabilities102.79110.24108.2282.3480.0371.5952.0059.4822.5221.8111.9511.64
Fixed Assets32.1229.1727.4024.0420.8213.8512.426.665.714.874.143.75
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments4.344.823.704.344.244.641.160.890.130.560.200.00
Other Assets66.3376.2577.1253.9654.9753.1038.4251.9316.6816.387.617.89
Total Assets102.79110.24108.2282.3480.0371.5952.0059.4822.5221.8111.9511.64
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity5.43-3.70-4.770.45-2.12-5.12-0.70-1.31-13.36-0.1225.572.01
Cash from Investing Activity-1.783.575.38-1.254.325.990.74-1.9612.590.360.450.65
Cash from Financing Activity-2.370.720.27-0.06-2.26-0.97-0.053.34-0.57-0.34-26.24-2.70
Net Cash Flow1.280.600.87-0.86-0.06-0.10-0.010.07-1.34-0.11-0.22-0.05
Free Cash Flow5.43-2.29-4.850.641.10-3.20-0.05-0.57-13.31-0.1225.572.00
CFO/OP-203%157%162%-6%162%65%3%21%60%20%-254%-419%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days278.62596.84555.67580.46717.48758.103,787.743,771.190.000.00
Inventory Days48.04103.3147.24100.830.000.00221.6168.5931.160.00
Days Payable126.70332.29265.81141.74537.07303.767.42
Cash Conversion Cycle199.95367.86337.10539.56717.48758.103,472.273,536.0223.740.00
Working Capital Days76.21142.62112.85167.22335.37227.55-3,271.23-248.14-2,253.80-49,845.31
ROCE %-3.10%-1.62%-2.53%-13.31%-1.34%-10.05%-56.42%14.10%-69.11%-4.37%-63.15%2.60%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters44.63%44.63%44.63%44.63%44.63%44.63%27.71%21.95%21.95%21.95%21.95%21.95%
Public55.36%55.38%55.37%55.36%55.37%55.37%72.30%78.05%78.05%78.04%78.05%78.05%
No. of Shareholders13,57213,72614,17614,47515,39816,96718,59218,51618,52818,29218,07918,412

Fundamentals

Market Cap₹ 24.2 Cr.
Current Price₹ 12.4
Book Value₹ -0.95
ROCE2.60 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)91%
Standalone figures.
Valuation
Market capRs 24 Cr
Enterprise valueRs 32 Cr
Price to book-12.79x
EV / EBITDA642.00x
Price to cash flow11.84x
Earnings yield-10.00%
P/E, 3-year average4.10x
P/B, 3-year average25.71x
P/E, 5-year average2.69x
P/B, 5-year average15.54x
Profitability
ROE406.56%
ROCE2.94%
ROA-21.03%
ROE, 3-year average64.97%
ROCE, 3-year average37.58%
ROA, 3-year average23.00%
ROE, 5-year average244.44%
ROCE, 5-year average9.01%
ROA, 5-year average2.67%
ROIC (approx.)-13.79%
Tax rate-229.33%
Other income / net worth-75.27%
Growth
Profit growth (latest year)-115.36%
Profit growth YoY (latest quarter)-540.00%
Per share
EPS (TTM)Rs -1.22
EPS (latest year)Rs -1.27
EPS (latest quarter)Rs -0.23
EPS, 3-year averageRs 2.12
EPS, 5-year averageRs -0.90
Book value per shareRs -0.95
Cash flow per shareRs 1.03
Free cash flow per shareRs 1.03
Efficiency
Creditor days7 days
Cash conversion cycle0 days
Working capital days-49845 days
Leverage
Total debtRs 9 Cr
Cash and bankRs 0 Cr
Net debtRs 8 Cr
Debt to equity-4.63x
Net debt / EBITDA166.20x
Interest coverage-0.26x
Owners' fund to total sources-15.98%
Debt to assets74.06%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs -3 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 2 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Statement figures
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 0 Cr
PBDT (TTM)Rs -1 Cr
Profit before tax (TTM)Rs -1 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs -2 Cr
Net profit (latest year)Rs -2 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total income (latest year)Rs 1 Cr
Share capitalRs 20 Cr
ReservesRs -21 Cr
Shareholders' fundsRs -2 Cr
Total assetsRs 12 Cr
Net blockRs 4 Cr
Other liabilitiesRs 5 Cr
Shares outstanding (crore)1.95
Ownership
Promoter holding21.95% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodTARAPURNifty 50Difference
1 week-0.2%-2.8% +2.6 pts
1 month-8.7%-6.8% -1.9 pts
3 months-34.1%-7.6% -26.5 pts
6 months-49.4%+0.4% -49.8 pts
1 year-54.4%-9.9% -44.4 pts
2 years-44.8%-13.6% -31.2 pts
3 years+174.2%+14.2% +160.0 pts
5 years+190.5%+27.9% +162.6 pts

Red flags

F-score 4 of 6
seriousNegative equity Shareholders' equity is negative
lookOn NSE surveillance On NSE surveillance: GSM
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹0 Cr. Net loss ₹0 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-23Annual General Meeting
2023-09-22Annual General Meeting
2022-09-23Annual General Meeting
2021-09-16 Annual General Meeting
2020-09-24 Annual General Meeting
2019-09-24 Annual General Meeting
2018-09-19 Annual General Meeting
2017-09-15 Annual General Meeting
2016-09-22 Annual General Meeting
2015-09-23 Annual General Meeting
2014-09-23Annual General Meeting
2013-09-20Annual General Meeting
2012-09-20Annual General Meeting
2011-08-23Annual General Meeting
2010-09-23Annual General Meeting And Dividend Re.0.50 Per Share
DateTypeWhat it says
2026-10-01Shareholder meetingVoting results.
2026-09-29Shareholder meetingProceedings of Annual General Meeting held on September 29, 2026
2026-09-08General UpdatesGeneral Updates
2026-09-05General UpdatesIntimation of Book Closing Dates, AGM Date, Venue & Time, E-voting Dates and Cut Off date.
2026-09-05Shareholder meetingNotice of Annual General Meeting to be held on September 29, 2026
2026-09-03Clarification - Financial ReThe Exchange has sought clarification from Tarapur Transformers Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (L...
2026-09-02General UpdatesOrder passed by the SEBI.
2026-08-13Board meeting outcomeOutcome of Board Meeting held on August 13, 2026.
2026-08-13Board meeting outcomeTarapur Transformers Limited has submitted to the Exchange, the Unaudited financial results for the period ended Jun 30, 2026.
2026-07-08Reply to Clarification- FinaThe Exchange had sought clarification from Tarapur Transformers Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (L...
2026-06-22Clarification - Financial ReThe Exchange has sought clarification from Tarapur Transformers Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (L...
2026-05-27Board meeting outcomeTarapur Transformers Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-27Board meeting outcomeTarapur Transformers Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-02-11Board meeting outcomeTarapur Transformers Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2025-11-13General UpdatesAnnouncement of Materiality - Updated Information As Per Regulation 30(5)
2025-11-13AppointmentAppointment of Ms Vaishali Anil Pawar as Chief Financial Officer of the company w.e.f. November 13, 2025.
2025-11-13Change in Company Secretary/Change in Company Secretary/Compliance Officer
2025-11-13Change in ManagementChange in Management Appoinment of Chief Financial Officer & Company Secretary
2025-11-13Board meeting outcomeBoard meeting held on November 13, 2025.
2025-11-13Board meeting outcomeTarapur Transformers Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
2025-10-17Price movementSignificant movement in price has been observed in Tarapur Transformers Limited. The Exchange, in order to ensure that investors have latest relevant ...
2025-10-16Price movementSignificant movement in price has been observed in Tarapur Transformers Limited. The Exchange, in order to ensure that investors have latest relevant ...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
EPS in the scrip is zero (4 trailing quarters)GSM
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03