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Transformers and Rectifiers (India) Limited Secures Order From Adani Group

Written by: Team Angel OneUpdated on: 3 Mar 2025, 9:30 pm IST
Transformers and Rectifiers (India) Limited has secured ₹350 crore in domestic and international orders, reinforcing its position in the global transformer market.
Transformers and Rectifiers (India) Limited Secures Order From Adani Group
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Transformers and Rectifiers (India) Limited (TARIL), a leading transformer manufacturer in India, has recently secured domestic and international orders amounting to ₹350 crore. 

These contracts involve the supply of transformers and reactors for the Adani Group in India and international clients in Iraq and Australia. The orders will be executed by the next financial year, reinforcing TARIL’s market presence.

Domestic Order from Adani Group

TARIL has received a domestic order worth ₹272 crores, including GST, from Adani Group. The contract involves manufacturing and supplying transformers and reactors. The project, classified under normal business operations, does not involve any related-party transactions. The delivery is scheduled for completion by the next financial year. This order further strengthens TARIL’s position in the Indian transformer industry.

International Orders from Iraq and Australia

The company has also secured export orders from Al Sabha Group in Iraq and Powerlink Queensland in Australia, amounting to ₹78 crore. The contract covers the supply of transformers, which are set to be delivered within the next financial year. These international deals reflect TARIL’s growing global footprint and commitment to high-quality production standards.

TARIL Share Performance

As of February 21, 2025, at 10:00 AM, the shares of TARIL are trading at ₹379.00 per share, reflecting a decline of 1.7% from the previous day’s closing price. Over the past month, the stock has registered a loss of 7.56%.

Conclusion

With these new contracts, TARIL continues to solidify its reputation as a key player in the transformer manufacturing sector. The company remains committed to delivering world-class products through its extensive infrastructure and skilled workforce.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 3, 2025, 4:00 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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