Transformers and Rectifiers (India) Limited (TARIL) has made a significant announcement on March 3rd, 2025, revealing that it has secured orders worth ₹350 Crore from both domestic and international entities. This is an important development for the company, underscoring its dominance in the transformer manufacturing sector. The orders cover a wide range of transformers and reactors required for diverse applications. The company has been growing steadily and is now recognized as one of the leading manufacturers of transformers in India and the second-largest transformer manufacturing company based on capacity in the country.

In accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, TARIL has disclosed this vital information to the BSE (Bombay Stock Exchange) and the National Stock Exchange (NSE), highlighting the value and scope of these orders.

Domestic Order: Adani Group Order for ₹272 Crore

The domestic order is awarded by the prestigious Adani Group, one of the largest and most prominent business conglomerates in India. The order covers the supply of transformers and reactors, with a total value of ₹272 Crore, inclusive of GST. This contract will see TARIL deliver high-quality transformers within the next financial year.

The details of this order indicate that it is a domestic contract, reaffirming TARIL’s strong foothold in the Indian transformer manufacturing market. The agreement specifies that the delivery of transformers will be executed by the end of the next financial year, ensuring a timely completion that meets the rigorous demands of the Adani Group.

One of the notable highlights of this order is that the Promoter Group of TARIL has no interest in the Adani Group. Additionally, this transaction falls under normal business operations and does not involve any related party transactions. This ensures that the deal was struck on an arm’s length basis, maintaining the transparency and integrity of the transaction.

Export Orders: Expanding Global Reach to Iraq and Australia

TARIL’s export orders are equally promising. The company has secured contracts worth ₹78 Crore from two international entities: Al Sabha Group in Iraq and Powerlink Queensland in Australia. This further strengthens the company's position on the global stage. The export orders also involve the supply of transformers, with both companies requiring TARIL to manufacture and deliver high-quality transformers for various industrial needs.

The Iraqi and Australian contracts underscore TARIL's international presence and its ability to meet the transformer demands of global markets. Just like the domestic order, these international contracts are to be delivered within the next financial year, ensuring that TARIL maintains a consistent supply chain.

Importantly, TARIL has again emphasized that the Promoter Group does not have any interest in these foreign entities. The export contracts too are not related party transactions, making this deal consistent with TARIL’s ethical business practices and commitment to transparency.

Future Prospects and Commitment to Quality

TARIL continues to showcase its capabilities as a leading manufacturer of transformers and reactors. The company’s extensive experience and state-of-the-art manufacturing infrastructure across three plants in Ahmedabad, Gujarat have positioned it well to handle large-scale orders, both domestic and international. The transformer manufacturing process is highly specialized, and TARIL consistently adheres to global quality benchmarks to meet the needs of customers, whether domestic entities or foreign markets.

The company’s growth trajectory is further supported by its dedicated workforce of over 1200 employees, who ensure that every order is executed efficiently and meets the quality standards expected by clients. The recent orders from Adani Group, Al Sabha Group, and Powerlink Queensland are testament to TARIL’s robust operational capabilities and its commitment to delivering products that meet global standards. The company is also actively working to expand its product portfolio and is investing in technological upgrades to meet future demand and stay ahead of industry trends.

This announcement reflects TARIL’s strong market position and its ability to attract high-value orders from both domestic and international clients. It is clear that TARIL is on a path to further strengthen its leadership in the transformer manufacturing industry, not only in India but also in key international markets.

In conclusion, TARIL’s recent order wins demonstrate the company's consistent growth and its commitment to quality manufacturing. With a strong focus on innovative transformer solutions and a dedication to timely delivery, TARIL is set to continue its upward trajectory in the global transformer market. The future looks bright for this powerhouse in the transformer manufacturing sector, and stakeholders can expect the company to further solidify its position as a trusted name in the industry.

Acknowledgment of receipt by the stock exchanges is awaited as TARIL continues its journey toward greater success and global expansion.

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