I
1,749.10
as on 25 Sep 2025 at 15:48
Market Cap
₹1,858 Cr
PE Ratio
24.40
ROCE
30.43%
Indo-Tech Transformers Secures INR 78.39 Crore Order from Avaada Clean Project
Indo-Tech Transformers Limited received a purchase order worth INR 78.39 crores plus taxes from Avaada Clean Project Private Limited for manufacturing and supplying 9 transformers with 125 MVA capacity each. The delivery schedule spans from March to May 2026, with 2 transformers to be delivered in March 2026 and 3 transformers each in April and May 2026. The company confirmed this is not a related party transaction and considers the order material due to its significant value compared to ordinary business transactions.
Indo Tech Transformers Reports Strong Q1 Growth with Revenue Nearly Doubling
Indo Tech Transformers delivered robust quarterly performance with revenue reaching 1.64 billion rupees compared to 822 million rupees in the same period last year. Net profit surged to 192 million rupees from 59 million rupees year-over-year. EBITDA increased significantly to 240 million rupees versus 82 million rupees, while EBITDA margin improved to 14.64% from 9.97% in the previous year.
Indo-Tech Transformers Reports Quarterly Results and Notes Director Tenure Completion
Indo-Tech Transformers Limited's Board approved unaudited financial results for the quarter ended June 30, 2025. The company reported revenue from operations of Rs 16,393 lakhs and profit after tax of Rs 1,917 lakhs. Earnings per share stood at Rs 18.05. The Board also noted the completion of Dr. Sutanu Behuria's tenure, which expires on August 18, 2025. The company operates solely in the transformer manufacturing and sales segment. The results were reviewed by the Audit Committee and received an unqualified limited review report from statutory auditors.
Indo Tech Transformers Appoints CEO as Whole-Time Director, Re-appoints Two Independent Directors
Indo Tech Transformers Limited made three key board appointments following shareholder approval on August 11, 2025. M. Purushothaman, who serves as CEO, was appointed as Whole-Time Director for a 3-year term effective May 20, 2025. Purushothaman holds a bachelor's degree in Electrical & Electronics Engineering with 35 years of sales and marketing experience, having worked at Indo Tech for over 6 years as President – Sales & Marketing before becoming CEO on April 7, 2025. The company also re-appointed Ajay Kumar Dhagat as Independent Director for a second 5-year term starting August 13, 2025. Dhagat is an Electrical Engineering graduate with over four decades of industry experience, having held senior positions at GEC and served on the management board of Alstom SA and T&D France. Additionally, Leena Mukundh Sathyanarayanan was re-appointed as Independent Director for a second 5-year term effective November 5, 2025. She is a Chartered Accountant with credentials including ACS, Grad. CWA, and CISA, bringing close to 15 years of manufacturing sector experience as Business Controller and CFO, and practices as a Partner with CSR & Co., Chartered Accountants.
Indo Tech Transformers Court Hearing Adjourned to August 11
Indo Tech Transformers Limited announced that a hearing for an ongoing injunction suit scheduled for August 4, 2025, has been adjourned to August 11, 2025. The case involves an ad-interim injunction order and is being heard in the court of Principal Subordinate Judge, Kanchipuram. The company stated it continues to operate normally despite the legal proceedings.
Indo-Tech Transformers Secures INR 62.93 Crore Order for 6 Transformers
Indo-Tech Transformers Limited received a Letter of Award dated August 4, 2025, for supplying 6 transformers (175, 220/33-33kV MVA) valued at INR 62.93 crores plus applicable taxes. The order comes from a domestic entity with delivery scheduled for 4 transformers in July 2026 and 2 transformers in October 2026. The company confirmed that promoters have no interest in the awarding entity and the transaction does not qualify as a related party transaction. The company considers this a material event due to the significant order value compared to ordinary business transactions.
Indo Tech Transformers Secures Temporary Order Against Trade Unions
Indo Tech Transformers has obtained a temporary injunction order from the Madras High Court against three trade unions. The order restrains these unions from interfering with the company's operations or instigating employees to participate in illegal strikes or protests. This legal action aims to maintain the company's normal business activities.
Indo Tech Transformers Prepares for Potential Trade Union Issues
Indo Tech Transformers is taking precautionary measures against potential issues with trade unions at their Kancheepuram facility. The company has initiated legal action to safeguard its interests and assets. No specific details about the nature of the issues or the legal action have been provided in the news snippet.
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