Integrated Filing — IndAS

General information about company
Scrip Code	532928
NSE Symbol	TARIL
MSEI Symbol	NOTLISTED
ISIN	INE763I01026
Name of company	Transformers and Rectifiers (India) Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	08-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	31-Mar-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Various Types of Transformers
Start date and time of board meeting	08-Apr-2025   13:00:00
End date and time of board meeting	08-Apr-2025   14:45:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	6764800000	20193800000
	Other income	69400000	317000000
	Total income	6834200000	20510800000
2	Expenses
(a)	Cost of materials consumed	4343400000	14243700000
(b)	Purchases of stock-in-trade	66900000	98400000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-7900000	-496900000
(d)	Employee benefit expense	235500000	600700000
(e)	Finance costs	149200000	506000000
(f)	Depreciation, depletion and amortisation expense	72800000	269600000
(f)	Other Expenses
1	Other Expenses	814400000	2473500000
	Total other expenses	814400000	2473500000
	Total expenses	5674300000	17695000000
3	Total profit before exceptional items and tax	1159900000	2815800000
4	Exceptional items	32400000	32400000
5	Total profit before tax	1192300000	2848200000
6	Tax expense
7	Current tax	329900000	769400000
8	Deferred tax	-79500000	-85300000
9	Total tax expenses	250400000	684100000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	941900000	2164100000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	941900000	2164100000
17	Other comprehensive income net of taxes	-200000	1700000
18	Total Comprehensive Income for the period	941700000	2165800000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	0	0
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	941700000	2142700000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	300000	21600000
21	Details of equity share capital
	Paid-up equity share capital	300200000	300200000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		12219000000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.17	7.21
	Diluted earnings (loss) per share from continuing operations	3.17	7.21
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	3.17	7.21
	Diluted earnings (loss) per share from continuing and discontinued operations	3.17	7.21
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	2319700000
	Capital work-in-progress	617600000
	Investment property	0
	Goodwill	30000000
	Other intangible assets	162000000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	305300000
	Trade receivables, non-current	3369500000
	Loans, non-current	153700000
	Other non-current financial assets	240400000
	Total non-current financial assets	4068900000
	Deferred tax assets (net)	122600000
	Other non-current assets	548400000
	Total non-current assets	7869200000
2	Current assets
	Inventories	4449000000
	Current financial asset
	Current investments	2376400000
	Trade receivables, current	4688100000
	Cash and cash equivalents	52700000
	Bank balance other than cash and cash equivalents	1663500000
	Loans, current	8300000
	Other current financial assets	80400000
	Total current financial assets	8869400000
	Current tax assets (net)	3200000
	Other current assets	659000000
	Total current assets	13980600000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	21849800000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	300200000
	Other equity	12219000000
	Total equity attributable to owners of parent	12519200000
	Non controlling interest	204300000
	Total equity	12723500000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	809500000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities
	Total non-current financial liabilities	809500000
	Provisions, non-current	61800000
	Deferred tax liabilities (net)
	Deferred government grants, Non-current
	Other non-current liabilities	242800000
	Total non-current liabilities	1114100000
	Current liabilities
	Current financial liabilities
	Borrowings, current	2018400000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	306700000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	3812100000
	Total Trade payable	4118800000
	Other current financial liabilities	181700000
	Total current financial liabilities	6318900000
	Other current liabilities	1107000000
	Provisions, current	24000000
	Current tax liabilities (Net)	562300000
	Deferred government grants, Current	0
	Total current liabilities	8012200000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	9126300000
	Total equity and liabilites	21849800000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of Defined Benefit Obligation	-200000	2200000
	Total Amount of items that will not be reclassified to profit and loss	-200000	2200000
2	Income tax relating to items that will not be reclassified to profit or loss	0	500000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	-200000	1700000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			2848200000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			506000000
	Adjustments for decrease (increase) in inventories			-1700700000
	Adjustments for decrease (increase) in trade receivables, current			-2080800000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-75000000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-48800000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			1809200000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			515000000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			269500000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			9800000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			38900000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-94900000
	Adjustments for dividend income			0
	Adjustments for interest income			45900000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-139900000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			236000000
	Other adjustments for non-cash items			-142600000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-944200000
	Net cash flows from (used in) operations			1904000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			338200000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			1565800000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			4800000
	Purchase of property, plant and equipment			2348000000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			-30000000
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			2499900000
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			45900000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-1483900000
	Net cash flows from (used in) investing activities	-6251100000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			97500000
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			4861700000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			-278200000
	Payments of lease liabilities			500000
	Dividends paid			28500000
	Interest paid			505700000
	Income taxes paid (refund)			-600000
	Other inflows (outflows) of cash			18600000
	Net cash flows from (used in) financing activities			4721900000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			36600000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			36600000
	Cash and cash equivalents cash flow statement at beginning of period			16100000
	Cash and cash equivalents cash flow statement at end of period			52700000