Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Indo Tech Transformers Limited

NSE: INDOTECHHeavy Electrical Equipment

Share price

₹3,121.70

-0.86% close of 9 Oct 2026

Market cap ₹3,434 CrP/E 34.3

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

63

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹3,434 Cr

P/E ratio

34.3

P/B ratio

8.9

ROCE

40.4%

ROE

28.4%

Dividend yield

0.3%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹3,902.5052-week low ₹1,104.90

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 22.0% over the past year, and 8.1% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 7.3% to 15.3% over the last four years.

Whether it grew faster than its sector

It grew 8.1% a year against a sector median of 10.6% — 2.6 percentage points slower.

Room to re-rate, or risk of de-rating

At 34.6× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 92.3×, across 5 companies. It is against its own five-year median of 21.0×, the 71st percentile of its own range.

Whether growth justifies the valuation

Priced at 0.7 times its growth rate, on earnings growth of 53%.

Profit growthPrice per ₹1 profitPer 1% growth
Indo Tech Transformers Limited — this one53%/yr34.6×₹0.65
Bharat Heavy Electricals36%/yr61.5×₹1.7
ABB India—92.3×—
Hitachi Energy India Limited122%/yr121.2×—
CG Power and Industrial Solutions Limited10%/yr106.7×₹10.7
Siemens India23%/yr86.0×₹3.7

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Heavy Electrical Equipment), it ranks 7 of 36 on returns, 17 of 31 on growth, 16 of 36 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 40.4% on capital, ahead of 81% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹162 crore of cash from the business, spent ₹70 crore on plant and equipment, and returned ₹3 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 66 arrived as cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY26

What the last results showed. Whether management kept its word is in Pro.

Announced 13 Sep 2026 · Standalone · Unaudited

Revenue

₹164 Cr

Revenue vs last year

+99.5%

Revenue vs last quarter

-20.4%

Net profit

₹19 Cr

Profit vs last year

+219.5%

Profit vs last quarter

-8.7%

Net margin

11.7%

EPS

₹18.05

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹3,434 Cr
Prev close
₹3,121.70
52w High
₹4,030
52w Low
₹1,100
Enterprise value
₹3,325 Cr
Beta
1.5
Price CAGR 1y
84.0%
Price CAGR 3y
93.0%
Price CAGR 5y
81.0%
Price CAGR 10y
30.0%

Ratios

Return on assets
16.7%
PEG ratio
0.6
P/E ratio
34.3
P/B ratio
8.9
EV / EBITDA
26.0
Industry P/E
48.8
ROCE
40.4%
ROCE 5y average
29.4%
ROE
28.4%
Debt / Equity
0.0
Interest coverage
12.3
Dividend yield
0.3%
ROE 3y average
26.0%
ROE last year
28.0%

Annual P&L

Annual revenue
₹782 Cr
Annual profit
₹93 Cr
Operating margin
17.0%
Net profit margin
11.9%
EBITDA margin
16.5%
Sales growth 3y
28.2%
Sales growth 5y
30.6%
Profit growth 3y
53.0%
Profit growth 5y
71.0%
EPS
₹87.4
Sales growth TTM
22.0%
Profit growth TTM
29.0%
Dividend payout
11.0%

Quarter P&L

Sales latest quarter
₹228 Cr
Profit latest quarter
₹26 Cr
YoY quarterly sales growth
39.0%
YoY quarterly profit growth
36.8%
OPM latest quarter
13.9%

Balance Sheet

Book Value
₹340
Face Value
₹10.0
Total debt
₹5 Cr
Total cash
₹114 Cr
Borrowings
₹5 Cr
Reserves / Equity
33.0

Cash Flow

Operating cash flow
₹57 Cr
Free cash flow
₹23 Cr
FCF yield
0.3%
Net cash flow
-₹1 Cr

Shareholding

Promoter holding
72.2%
FII holding
0.3%
DII holding
0.1%
Public holding
27.5%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
B H E L448.5064.21,56,1710.31376.7182.77,697.740.39.1
A B B7,005.0096.31,48,4420.56362.38.03,558.921.029.9
CG Power & Ind894.50110.71,40,9260.15308.316.33,280.814.026.7
Hitachi Energy31,610.00118.31,40,8930.03294.2123.52,493.768.629.4
Siemens3,793.0089.81,35,0770.472,143.1-18.64,713.714.821.4
Siemens Ener.Ind3,344.0078.01,19,0870.12440.967.82,485.639.367.8
GE Vernova T&D4,316.3081.81,10,5190.23363.024.61,836.138.077.4
Indo Tech.Trans.3,323.3035.53,5290.3025.734.1227.939.040.4
Median448.5033.76,1140.0441.215.5466.320.123.5

Competes with: ABB India, Bharat Heavy Electricals, CG Power and Industrial Solutions Limited, GE Vernova T&D India Limited, Hitachi Energy India Limited, Siemens Energy India Limited, Siemens India

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales939613917582146177206164183196239228
Expenses878512414874123153185140152163207196
Material Cost125137127150181169
Change in Inventories29-21-1.75-14-3.89-2.06
Purchases of Stock-in-Trade000000
Employee Cost118.539.31101010
Other Expenses221617171919
Operating Profit611152782324212431333232
OPM %6.501211159.971614101517171414
Other Income1213236534215
Exceptional items (within Other Income)000000
Interest1111001111110
Depreciation1111111111112
Profit before tax511142782429242533343234
Tax %3036246292833142326262525
Net Profit47112661819211925252426
EPS in Rs3.336.6610245.561718201823232324
Diluted EPS in Rs201823232324

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales157190149220213205206280371503612782846
Expenses166191152221215203195258335435527653718
Material Cost433596
Change in Inventories6.25-41
Purchases of Stock-in-Trade00
Employee Cost3538
Other Expenses6169
Operating Profit-9-1-3-1-221122366885129128
OPM %-6-0.50-2-0.60-10.90581014141715
Other Income171325153237161013
Exceptional items (within Other Income)00
Interest6232223781211112
Depreciation5555555554.914.474.815
Profit before tax-44-9-4-80612265786124133
Tax %002400-1,820120182625
Net Profit-44-11-4-826122647649399
EPS in Rs-3.523.79-11-3.47-7.901.815.92112444608794
Diluted EPS in Rs6087
Dividend Payout %0000000000011

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
15%
5 years
31%
3 years
28%
TTM
22%

Compounded profit growth

10 years
32%
5 years
71%
3 years
53%
TTM
29%

Stock price CAGR

10 years
30%
5 years
81%
3 years
93%
1 year
84%

Return on equity

10 years
13%
5 years
23%
3 years
26%
Last year
28%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital111111111111111111111111
Reserves140144128123115116123134160207270363
Borrowings0000000111585
Other Liabilities5759647569775594121164150178
Total Liabilities207214202209195203188240303386438557
Fixed Assets666254505248444144495075
CWIP0000000110612
Investments000000000000
Other Assets141152148159143155144197258337383470
Total Assets207214202209195203188240303386436555

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-13-3-12417-14822-4325557
Cash from Investing Activity-08-1-1-1-2-3-9-15-12-18-53
Cash from Financing Activity190-1-0-0-0-0-09-81-5
Net Cash Flow56-14216-16513-91239-1
Free Cash Flow-148-14317-16718-12243923

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1211241461321061311231061271017356
Inventory Days1178816291791139298102126114131
Days Payable9710112711610113496130123884038
Cash Conversion Cycle1411111811078411011875106139147149
Working Capital Days150123168110671051127480797375
ROCE %1-3-4-1-5271421343840

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters757575757575757575757572
FIIs000.020.420.390.480.240.160.170.190.270.28
DIIs0000.0100.660.660.410.600.6600.05
Public252525252524242424242528
No. of Shareholders8,9328,90011,07516,21017,30220,67525,07727,56126,56126,36125,87124,680

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +74.1% (₹1,792.90 → ₹3,121.70)Brick size ₹158.71 (fixed)Bricks 25
₹2,000₹3,122Jan '26May '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹3,121.70 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-109inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Indo Tech Transformers Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • CRGO steel
  • copper
  • steel
  • transformer oil

Depends on the price of

  • copper
  • steel

Sells to

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Heavy Electrical Equipment
Classification
Capital Goods › Heavy Electrical Equipment
ISIN
INE332H01014

Plants

  • Indo Tech Works 1 (Kancheepuram, Regd Office & Factory)
  • Indo Tech Works 2 (SIDCO Industrial Estate, Thirumazhisai)

News impact

Big market events that reach Indo Tech Transformers Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

16 Sep 2026unspecified₹10

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
30 Jun 2026SHIRDI SAI ELECTRICALS LIMITEDSELL68,048₹3,231.23

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.