Investor Presentation

t21ril Date: 20th July, 2026 Ref: TARIL/SECT/2026-27/NSE-BSE/COMPL/028 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- Q1-2026-27 In terms of Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we send herewith Investor Presentation of the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June, 2026. Further, in terms of Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the aforesaid Investor Presentation is also 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) Ltd RegisteredOfficePlant: Trl Survey No. 427 P/3-4, & 431 P/1-2, Sarkhej-Bavla Highway, Village: Moraiya, Taluka: Sanand, Dist. Ahmedabad -382213, Gujarat, INDIA. Tel.: +91 2717 661661/500/501 I Fax: +91 2717 661716 I E-mail: marketing@transformerindia.com Website: www.transformerindia.com CIN No. L33121GJ1994PLC022460 liso 9001:20151 ISO 14001:20151 ISO 45001:2018 t21r· TTrraannsfsofromrmeres rasn da nRdec Rtifeiecrtsi f(iIenrdsia ()I nLidmiait)e dL imited IINNVVEESSTOTRO R PPRREESESNETNATTAIOTNION QQ11FFYY227 7| 2200 JJuulyly 2 2020626 REENGINEERING THE FUTURE OF~ PO WE R ISO 9001: 2015, ISO 14001: 2015 ISO 45001: 2018 Certified Company tLtri SSaafefe H Harabrobror 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. TTaabblele o of f CCoonntetentnt Overview of Q1FY27 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 LLeeaaddining gIn Idniadnia mn amnuafnacutfuarcetru orfe Pro owfe Pr,o Dwisetrr,i bDuitsiotnri b&u Stpioenci a&lt Sy pecialty tLtri TTrraannsfsofromrmeres rasn da nRde aRcteoarsctors ▪ 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 ₹23,000 crore ₹2,114 crore ₹6,630 crore Inquiries under ₹ 225 Q1FY27 As on June 30, 2026 20% YoY t t Negotiation PAT 218% YoY 26% YoY * Based on standalone financial numbers QQ11FFYY227 7 UUPPDDAATTEE FFiinnaanncicaila Pl ePrfeorrfmoramncaen, ce, OOppeerraatitoionanla Ml Meteritcrsi cansd a nd RReecceentn Dt eDveevloeplmopemntesnts tLJrill Q1FY27 Standalone Financial Highlights (₹. Cr) EBITDA & EBITDA Margin* Revenue from Operations 18.9% 140 15.5% 15.6% 19.0% 752 t 120 17.0% 15.0% 100 13.0% 511 559 80 97 87 11.0% 9.0% 10% YoY 60 107.0%% YoY ▪ Revenue grew by 10% YoY, though QoQ 40 5.0% 3.0% revenue growth was impacted during 1.0% - -1.0% Q1FY27 due to comparatively lower Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 capacity utilization at Changodar plant, as on-going expansion activities affected operational throughput. ▪ Project Expansion is likely to be over by PAT & PAT Margin EPS August-26 following which the plant is 11.8% anticipated to operate at improved 10.3% 90 12.0% 8.9% utilization levels. 10.0% 2.58 70 77 60 8.0% 60 2.00 50 6.0% 1.66 17% YoY 30 4.0% 2.0% - 0.0% Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 * EBIDTA Margin including other income • tLtri Q1FY27 Consolidated Financial Highlights (₹. Cr) EBITDA & EBITDA Margin* Revenue from Operations 20.5% 19.2% 160 18.0% 22.0% 141 17.0% 783 t 100 109 110 12.0% 572 80 529 8% YoY 60 7.0% 12.%0% YoY - -3.0% Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 PAT & PAT Margin EPS 12.8% 11.6% 100 11.2% 14.0% 91 12.0% 70 10.0% 3.04 60 68 64 8.0% 50 2.24 40 6.0% 2.05 30 5%4.0% YoY 2.0% - 0.0% Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 Consolidated Financial Numbers include financials of 6 subsidiaries * EBIDTA Margin including other income tLtri QQ11FFYY2277: O: Opepreatriaotnioaln Male Mtriecst r&ic Usp &d aUtepsd ates ₹2,114 crore New Order Inflow during the Quarter ₹6,630 crore Major Orders Received: Un-executed Order Book ▪ Ultra Mega Order from PGCIL of above Rs. 1000 Crores for manufacturing of Order Book Growth ₹23,000 crore transformers of various ratings (within ▪ 26% growth to Rs.6,630 crore from Rs.5,246 crore 30 Months) in Q1FY26 Inquiries under Negotiation ▪ Order from GETCO of about Rs. 228 Business Update: ▪ Completed dynamic short-circuit testing on 4 Crores for manufacturing of Win Ratio units transformers and reactors (On or before ▪ Historically, win ratio in range of 10%-15% ▪ This test assesses an electrical apparatus's ability August-28) (such as a power transformer) to withstand the ▪ Order from RRVPNL of about Rs. 175 intense mechanical forces and therm [Showing first 8,000 characters — download PDF for full document]