TRANSFORMERS AND RECTIFIERS INDIA Net Assets
TRANSFORMERS AND RECTIFIERS INDIA net assets. Based on the latest financial reports, TRANSFORMERS AND RECTIFIERS INDIA (TARIL) has net assets worth Rs15.43 Billion INR (≈ $166.87 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs26.66 Billion ≈ $288.29 Million USD) and total liabilities (Rs11.23 Billion ≈ $121.42 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore TRANSFORMERS AND RECTIFIERS INDIA net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs15.43 Billion |
| % of Total Assets | 57.88% |
| Annual Growth Rate | 20.67% |
| 5-Year Change | 324.75% |
| 10-Year Change | 365.87% |
| Growth Volatility | 87.91 |
Net Assets of TRANSFORMERS AND RECTIFIERS INDIA (2007–2026)
Net assets of TRANSFORMERS AND RECTIFIERS INDIA from 2007 to 2026. This chart illustrates how TRANSFORMERS AND RECTIFIERS INDIA's net assets have evolved over time, based on quarterly financial data. See TARIL net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for TRANSFORMERS AND RECTIFIERS INDIA (2007–2026)
The table below shows the annual net assets of TRANSFORMERS AND RECTIFIERS INDIA from 2007 to 2026. For live market cap and overall valuation, see TRANSFORMERS AND RECTIFIERS INDIA market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs15.43 Billion ≈ $166.87 Million |
+21.27% |
| 2025-03-31 | Rs12.72 Billion ≈ $137.60 Million |
+126.02% |
| 2024-03-31 | Rs5.63 Billion ≈ $60.88 Million |
+40.43% |
| 2023-03-31 | Rs4.01 Billion ≈ $43.35 Million |
+10.35% |
| 2022-03-31 | Rs3.63 Billion ≈ $39.29 Million |
+3.76% |
| 2021-03-31 | Rs3.50 Billion ≈ $37.86 Million |
+2.03% |
| 2020-03-31 | Rs3.43 Billion ≈ $37.11 Million |
+0.10% |
| 2019-03-31 | Rs3.43 Billion ≈ $37.07 Million |
+1.59% |
| 2018-03-31 | Rs3.37 Billion ≈ $36.49 Million |
+1.89% |
| 2017-03-31 | Rs3.31 Billion ≈ $35.82 Million |
-0.23% |
| 2016-03-31 | Rs3.32 Billion ≈ $35.90 Million |
-2.05% |
| 2015-03-31 | Rs3.39 Billion ≈ $36.65 Million |
-2.62% |
| 2014-03-31 | Rs3.48 Billion ≈ $37.64 Million |
+1.16% |
| 2013-03-31 | Rs3.44 Billion ≈ $37.21 Million |
+1.19% |
| 2012-03-31 | Rs3.40 Billion ≈ $36.77 Million |
+3.02% |
| 2011-03-31 | Rs3.30 Billion ≈ $35.69 Million |
+11.59% |
| 2010-03-31 | Rs2.96 Billion ≈ $31.98 Million |
+17.72% |
| 2009-03-31 | Rs2.51 Billion ≈ $27.17 Million |
+18.72% |
| 2008-03-31 | Rs2.12 Billion ≈ $22.88 Million |
+386.86% |
| 2007-03-31 | Rs434.64 Million ≈ $4.70 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to TRANSFORMERS AND RECTIFIERS INDIA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
TRANSFORMERS AND RECTIFIERS INDIA Net Assets Breakdown (March 2026)
TRANSFORMERS AND RECTIFIERS INDIA net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs300.20 Million | 1.98% |
| Other Components | Rs14.85 Billion | 98.02% |
| Total Equity | Rs15.15 Billion | 100.00% |
TRANSFORMERS AND RECTIFIERS INDIA Competitors by Market Cap
The table below lists competitors of TRANSFORMERS AND RECTIFIERS INDIA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maas Group Holdings Ltd
AU:MGH
|
$979.20 Million |
|
Plymouth Industrial REIT Inc
NYSE:PLYM
|
$979.23 Million |
|
Guizhou Gas Group Corporation Ltd Class A
SHG:600903
|
$979.38 Million |
|
Tinavi Medical Technologies Co Ltd
SHG:688277
|
$979.54 Million |
|
Lemon Tree Hotels Limited
NSE:LEMONTREE
|
$978.47 Million |
|
4DMEDICAL Ltd
AU:4DX
|
$978.43 Million |
|
Shinyoung HappyTomorrow No.5 Special Purpose Acquisition Company
KQ:323280
|
$977.85 Million |
|
Dividend 15 Split Corp
TO:DFN
|
$977.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TRANSFORMERS AND RECTIFIERS INDIA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 12,519,200,000 to 15,148,300,000, a change of 2,629,100,000 (21.0%).
- Net income of 2,643,900,000 contributed positively to equity growth.
- Dividend payments of 60,000,000 reduced retained earnings.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs2.64 Billion | +17.45% |
| Dividends Paid | Rs60.00 Million | -0.4% |
| Other Changes | Rs45.20 Million | +0.3% |
| Total Change | Rs- | 21.00% |
Book Value vs Market Value Analysis
This analysis compares TRANSFORMERS AND RECTIFIERS INDIA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.80x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 112.19x to 5.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | Rs2.69 | Rs301.55 | x |
| 2008-03-31 | Rs8.79 | Rs301.55 | x |
| 2009-03-31 | Rs8.65 | Rs301.55 | x |
| 2010-03-31 | Rs10.18 | Rs301.55 | x |
| 2011-03-31 | Rs11.36 | Rs301.55 | x |
| 2012-03-31 | Rs11.70 | Rs301.55 | x |
| 2013-03-31 | Rs11.83 | Rs301.55 | x |
| 2014-03-31 | Rs12.95 | Rs301.55 | x |
| 2015-03-31 | Rs12.61 | Rs301.55 | x |
| 2016-03-31 | Rs12.32 | Rs301.55 | x |
| 2017-03-31 | Rs12.27 | Rs301.55 | x |
| 2018-03-31 | Rs12.47 | Rs301.55 | x |
| 2019-03-31 | Rs12.65 | Rs301.55 | x |
| 2020-03-31 | Rs12.67 | Rs301.55 | x |
| 2021-03-31 | Rs12.93 | Rs301.55 | x |
| 2022-03-31 | Rs13.45 | Rs301.55 | x |
| 2023-03-31 | Rs14.83 | Rs301.55 | x |
| 2024-03-31 | Rs20.20 | Rs301.55 | x |
| 2025-03-31 | Rs42.14 | Rs301.55 | x |
| 2026-03-31 | Rs51.97 | Rs301.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TRANSFORMERS AND RECTIFIERS INDIA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.45%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.54%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.76x
- Recent ROE (17.45%) is above the historical average (8.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 43.38% | 8.20% | 1.39x | 3.79x | Rs138.89 Million |
| 2008 | 16.83% | 11.52% | 0.91x | 1.60x | Rs142.87 Million |
| 2009 | 18.44% | 10.64% | 1.07x | 1.63x | Rs209.55 Million |
| 2010 | 17.55% | 9.88% | 1.13x | 1.58x | Rs220.95 Million |
| 2011 | 12.72% | 7.70% | 0.99x | 1.67x | Rs88.90 Million |
| 2012 | 2.92% | 1.89% | 0.97x | 1.59x | Rs-237.97 Million |
| 2013 | 1.44% | 0.96% | 0.81x | 1.87x | Rs-290.60 Million |
| 2014 | 1.51% | 0.71% | 0.91x | 2.35x | Rs-291.59 Million |
| 2015 | -2.40% | -1.45% | 0.76x | 2.17x | Rs-414.56 Million |
| 2016 | -2.30% | -1.26% | 0.75x | 2.42x | Rs-401.81 Million |
| 2017 | 7.18% | 2.88% | 0.93x | 2.69x | Rs-91.65 Million |
| 2018 | 1.63% | 0.77% | 0.64x | 3.29x | Rs-276.70 Million |
| 2019 | 1.35% | 0.54% | 0.96x | 2.62x | Rs-290.26 Million |
| 2020 | 0.12% | 0.06% | 0.74x | 2.78x | Rs-331.84 Million |
| 2021 | 2.06% | 0.96% | 0.79x | 2.70x | Rs-272.32 Million |
| 2022 | 3.92% | 1.22% | 1.03x | 3.11x | Rs-216.66 Million |
| 2023 | 10.36% | 2.97% | 1.16x | 3.02x | Rs14.16 Million |
| 2024 | 8.03% | 3.44% | 1.11x | 2.11x | Rs-109.46 Million |
| 2025 | 17.12% | 10.61% | 0.92x | 1.75x | Rs890.78 Million |
| 2026 | 17.45% | 10.54% | 0.94x | 1.76x | Rs1.13 Billion |
Industry Comparison
This section compares TRANSFORMERS AND RECTIFIERS INDIA's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $12,732,359,123
- Average return on equity (ROE) among peers: 13.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TRANSFORMERS AND RECTIFIERS INDIA (TARIL) | Rs15.43 Billion | 43.38% | 0.73x | $978.89 Million |
| Apar Industries Limited (APARINDS) | $6.28 Billion | 17.42% | 4.19x | $6.74 Billion |
| Amara Raja Batteries Limited (ARE&M) | $25.93 Billion | 18.45% | 0.38x | $1.38 Billion |
| Bharat Bijlee Limited (BBL) | $1.16 Billion | 47.55% | 1.93x | $300.68 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $81.98 Billion | 14.71% | 0.55x | $13.80 Billion |
| Cords Cable Industries Limited (CORDSCABLE) | $1.41 Billion | 7.55% | 1.23x | $38.97 Million |
| De Nora India Limited (DENORA) | $259.95 Million | 11.77% | 0.28x | $40.45 Million |
| Dynamic Cables Limited (DYCL) | $151.72 Million | 3.43% | 5.18x | $173.18 Million |
| Elin Electronics Limited (ELIN) | $2.28 Billion | 12.07% | 0.70x | $38.99 Million |
| Eveready Industries India Limited (EVEREADY) | $5.55 Billion | 3.50% | 1.10x | $246.08 Million |
| Exicom Tele-Systems Limited (EXICOM) | $2.32 Billion | 2.75% | 2.04x | $195.38 Million |
About TRANSFORMERS AND RECTIFIERS INDIA
Transformers and Rectifiers (India) Limited, together with its subsidiaries, manufactures and sells transformers in India. The company provides power transformers, such as generator transformers, unit and station auxiliary transformers, small and medium power transformers, and trackside transformers for railways; and rectifier transformers, including 6 and 12/24 pulse transformers with IPT, as we… Read more