Investor Presentation

Date: 13th October, 2026 Ref: TARIL/SECT/2026-27/NSE-BSE/COMPL/064 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra - Kurla Complex, Mumbai - 400 001 Bandra (E), Mumbai - 400 051 Security Code : 532928 Trading Symbol : TARIL Dear Sir/Madam, Sub: Investor Presentation - Q2-2026-27 - Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 In terms of Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we send herewith the Investor Presentation on the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended 30th September, 2026. The said Investor Presentation is also being uploaded on the website of the Company (www.transformerindia.com). Please take the same on your record. Thanking you, Yours faithfully, For Transformers and Rectifiers (India) Limited Rakesh Kiri Company Secretary Encl.: As above Transformers and Rectifiers (India) Limited INVESTOR PRESENTATION Q2FY27 & H1FY27 13 OCTOBER 2026 ISO 9001: 2015, ISO 14001: 2015 ISO 45001: 2018 Certified Company Safe Harbor This presentation has been prepared by Transformers and Rectifiers (India) Limited solely to provide information about the Company to its stakeholders. No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions contained herein. None of the Company nor any of its respective affiliates, advisers or representatives, shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. The information contained in this presentation is only current as of its date. The Company may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes. Certain statements made in this presentation may not be based on historical information or facts and may be "forward-looking statements", including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects, and future developments in its industry and its competitive and regulatory environment. Actual results may differ materially from these forward-looking statements due to number of factors, including future changes or developments in the Company’s business, its competitive environment, information technology and political, economic, legal and social conditions in India. Please note that this presentation is based on the publicly available information including but not limited to Company’s website and Annual Reports. This communication is for general information purposes only, without regard to specific objectives, financial situations and needs of any particular person. Please note that investments in securities are subject to risks including loss of principal amount. This presentation does not constitute an offer or invitation to purchase or subscribe for any shares in the company and neither any part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. Table of Content Overview of Q2FY27 & H1FY27 Investment Annexures TARIL Update Case Industry Tailwinds, Financial Performance, Business Model, Product Operational Metrics and Portfolio, Manufacturing Recent Developments Base to Drive Sustainable Growth OVERVIEW OF TARIL Leading Indian manufacturer of Power, Distribution & Specialty Transformers and Reactors ▪ Most preferred Indian Brand due to its designing expertise, technology know how and a legacy of 4 decades of operations 5-year CAGR Growth FY21-FY26* ▪ Promoted by first generation entrepreneur Mr. Jitendra Mamtora, a bachelor’s in electrical engineering and a well respected name in Indian Power Industry ▪ TARIL manufactures entire range of transformers viz. Power, Distribution, Furnace, Specialty, Revenue from Operations Rectifier Transformers & Shunt Reactors, Solar Application Transformers, Earthing Transformers creating a unique positioning for itself in the transformer industry 38% 101% 71% ▪ Product capabilities across 5 kV-1,200 kV and 0.5 MVA-500 MVA EBITDA PAT EPS ▪ Serves Utilities, EPC players, Industrials, and Renewable Energy Sectors FY26 ▪ Installed capacity of 75,000 MWA across 3 plants; supported by backward integrated manufacturing facilities in Gujarat ₹ 2,395 cr 23% YoY ▪ International presence in 40+ countries Revenue from Operations Un-executed ORDER INFLOW Bid Pipeline Order Book ₹ 370 cr 17% YoY EBITDA ₹21,000 crore ₹3,283 crore ₹7,237 crore Inquiries under ₹ 225 H1FY27 As on Sept 30, 2026 20% YoY Negotiation PAT 161% YoY 32% YoY * Based on standalone financial numbers Q2FY27 & H1FY27 UPDATE Financial Performance, Operational Metrics and Recent Developments Q2FY27 & H1FY27 Standalone Financial Highlights (₹. Cr) Revenue from Operations EBITDA & EBITDA Margin* + 205% YoY + 47% YoY 16.1% 14.6% + 66% YoY + 35% YoY 200 19.0% 120 19.0% 180 17.0% 100 13.3% 114 17.0% 160 13.4% 185 15.0% 15.0% 709 1,268 80 13.0% 140 13.0% 559 939 8.7% 75 91 .1 0. %0% 11 02 00 126 91 .1 0. %0% 428 7.0% 80 7.0% 40 5.0% 60 5.0% 20 37 3.0% 40 3.0% ▪ Q2FY27 performance 1.0% 20 1.0% - -1.0% - -1.0% reflects better Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 execution, improved capacity utilisation, and operating leverage PAT & PAT Margin* across manufacturing facilities. + 338% YoY + 62% YoY 10.6% 80 19.0% 140 9.9% 19.0% 3.00 4.50 67 00 8.9% 75 111 357 ... 000 %%% 11 02 00 8.2% 125 111 357 ... 000 %%% 22 .. 05 00 2.53 334 ... 050 000 4.19 50 11.0% 80 11.0% 2.50 40 50 9.0% 60 77 79 .. 00 %% 1.50 1.66 2.00 2.58 30 4.0% 57 .. 00 %% 40 5.0% 1.00 1.50 20 3.0% 1.00 3.0% 20 0.50 10 17 1.0% 1.0% 0.57 0.50 - -1.0% - - - -1.0% H1FY26 H1FY27 Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 Q2FY26 Q1FY27 Q2FY27 * EBIDTA Margin including other operative income Q2FY27 & H1FY27 Consolidated Financial Highlights (₹. Cr) Revenue from Operations EBITDA & EBITDA Margin* + 61% YoY + 33% YoY + 119% YoY 17.4% + 42% YoY 250 23.0% 130 16.6% 19.0% 16.8% 110 12.8% 129 17.0% 200 15.7% 220 18.0% 739 1,312 15.0% 90 95 13.0% 150 13.0% 572 989 70 11.0% 155 460 9.0% 100 8.0% 50 59 7.0% 30 5.0% 50 3.0% 3.0% 1.0% - -2.0% -10 Q2FY26 Q1FY27 Q2FY27 -1.0% H1FY26 H1FY27 Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 PAT & PAT Margin* EPS + 117% YoY + 39% YoY 11.0% 160 11.1% 19.0% 85 19.0% 140 17.0% 75 11.2% 81 17.0% 146 15.0% 4.71 65 15.0% 120 10.6% 13.0% 2.66 55 64 13.0% 100 11.0% 8.1% 11.0% 105 2.05 3.37 45 80 9.0% 9.0% 35 60 7.0% 37 7.0% 5.0% 25 5.0% 40 1.13 3.0% 15 3.0% 20 1.0% 5 1.0% - -1.0% -5 -1.0% Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 Consolidated Financial Numbers include financials of 6 subsidiaries * EBIDTA Margin including other operative income Q2FY27 & H1FY27: Operational Metrics & Updates ₹3,283 crore New Order Inflow during the Quarter ₹7,237 crore Major Orders Received: Un-executed Order Book ➢ Secured first-ever order in nuclear Order Book Growth ₹21,000 crore power sector, supplying Generator ▪ 32% growth to Rs.7,237 crore from Rs.5,472 crore in Transformers for NPCIL's Kaiga Units 5 & H1FY26 Inquiries under Negotiation 6 project, marking a strategic entry into Business Update: a high-value infrastructure segment. ▪ Completed dynamic short-circuit testing on 7 ➢ Received large transformer order from Win Ratio units Megha Engineering & Infrastructures ▪ Historically, win ratio in range of 10%-15% ▪ This test assesses an electrical apparatus's ability Ltd. in August 2026 with execution (such as a power transformer) to withstand the scheduled over the next 35 months. intense mech [Showing first 8,000 characters — download PDF for full document]