Transformers & Rectifiers India Ltd Company background
Founded in: 1994
Managing director: Satyen Mamtora
Transformers Rectifiers India Limited was originally incorporated on 11th July 1994 as Triveni Electric Company Limited. Mr. Jitendra U. Mamtora, Mrs. Karuna J. Mamtora and Mr. Satyen J. Mamtora promoted the Company. In 1995, the Companys name was changed to Transformers and Rectifiers (India) Limited. Currently, the company is having 2 manufacturing facilities situated at Changodar and Odhav situated in Ahmedabad. The Company acquired Odhav unit in 2006 as part of the expansion plans. The Companys business mainly comprises of manufacturing and selling of various kinds of transformers such as power, and distribution transformers, furnace transformers, rectifier transformers, and specialised transformers. In 1998, the company received as ISO 90012000 by Bureau Veritas, in respect of design manufacturing and servicing of distribution transformers, power transformers (up to 200 MVA, 220 kV class) and furnace transformers (up to 63 MVA, 33 kV class). The capability to develop world class power, distribution, furnace and specialty transformers is credited to the creation of a world class infrastructure at three plants around the city of Ahmedabad, one of the leading industrialized cities of India. In 2006, the company increased the production capacity of the plant located at Changodar from 4000 MVA p.a to its present capacity of 6,000 MVA p.a. In order to effectively augment this units production capacities, the company has initiated several expansion and debottlenecking procedures to facilitate this expansion, including installation of new winding machines, separate oven for coil drying, segregation of despatch area along with 100 MT capacity EOT crane and employing additional manpower.In year 200607, the Company acquired the manufacturing facility of M/s Transformers and Rectifiers India, the proprietorship concern of Mr. Jitendra Mamtora, at Odhav. The said Facility started regular manufacturing from December,2006. The Company carried out a debottlenecking exercise at the existing Changodar facility, which increased the total installed capacity between the existing Changodar Unit and Odhav unit to 7200 MVA per annum. In order to set up of greenfield manufacturing facility at Moraiya, near Ahmedabad for manufacturing of 220 kV Class above transformers and to part finance incremental working capital requirements, during December, 2007, the Company made an Initial Public Offer (IPO) of 29,95,000 Equity Shares of Rs.10/ each at a price of Rs.465/ per share aggregating to Rs. 13,927 lacs through 100% book building procedure. The shares were listed for trading on the Bombay Stock Exchange Limited (BSE) and National Stock Exchange of India Limited (NSE) w.e.f. 28th December, 2007.The Company started regular commercial supplies of 400 KV Class Transformers which was developed inhouse. In FY 2011, it supplied the first 400 KV Transformer to a State Electricity Board. Again, it entered into an arrangement with ZTR, a reputed Ukrainian company for manufacture and supply of 765 KV Class transformers to PGCIL.During the year 201415, the Company acquired the Shares of Savas Engineering Company Private Limited and hence it became the wholly owned subsidiary of the Company.
What is the current share price of Transformers & Rectifiers India Ltd today on both NSE and BSE?
Transformers & Rectifiers India Ltd shares are currently priced at 618.65 on NSE and 619.6 on BSE as of 5/23/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has Transformers & Rectifiers India Ltd [TRIL] shares performed in the past ?
The past 1-year return of Transformers & Rectifiers India Ltd [TRIL] share was 697.74. The Transformers & Rectifiers India Ltd [TRIL] share hit a 1-year low of Rs. 75.95 and a 1-year high of Rs. 769.1.
What is the market cap of Transformers & Rectifiers India Ltd [TRIL] ?
The market cap of Transformers & Rectifiers India Ltd is Rs. 8819.73 Cr. as of 5/23/2024 12:00:00 AM.
What is the current P/E ratio of Transformers & Rectifiers India Ltd [TRIL] share price ?
The PE ratios of Transformers & Rectifiers India Ltd is 217.4 as of 5/23/2024 12:00:00 AM.
What is the current PB ratio of Transformers & Rectifiers India Ltd [TRIL] share price ?
The PB ratios of Transformers & Rectifiers India Ltd is 16.37 as of 5/23/2024 12:00:00 AM
What is the Mutual Fund shareholding in Transformers & Rectifiers India Ltd?
The Mutual Fund Shareholding was 1.89% at the end of 5/23/2024 12:00:00 AM.
How can I buy Transformers & Rectifiers India Ltd shares?
You can easily buy Transformers & Rectifiers India Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.