Transformers & Rectifiers

Ahmedabad, India Founded: 1994 • Age: 32 yrs
Manufacturer of transformers and rectifier
Annual revenue $235.9M Latest available
Total funding - 1 rounds
Employees 1750 Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Transformers & Rectifiers

Transformers & Rectifiers is a company based in Ahmedabad (India) founded in 1994 by Jitendra U. Mamtora, Karuna J. Mamtora, and Satyen Mamtora. The company has 1,750 employees as of March 31, 2024. Transformers & Rectifiers has completed 1 acquisition, including Posco Poggen. Transformers & Rectifiers offers products and services including Power Transformers and Switch Gears.

  • Headquarter Ahmedabad, India
  • Employees 1750 as on 31 Mar, 2024
  • Founders Jitendra U. Mamtora, Karuna J. Mamtora, Satyen Mamtora
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Transformers And Rectifiers (India) Limited
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
    $235.86 M (USD)
    56.15
    as on Mar 31, 2025
  • Net Profit
    $25.05 M (USD)
    381.54
    as on Mar 31, 2025
  • EBITDA
    $38.28 M (USD)
    142.99
    as on Mar 31, 2025
  • Latest Funding Round
    $1.44 M (USD), Post-IPO

    Oct 13, 2023

  • Investors
  • Employee Count
    1750

    as on Mar 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Transformers & Rectifiers

Transformers & Rectifiers is a publicly listed company on the NSE with ticker symbol TARIL in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: TARIL · Sector: Producer manufacturing · India

Products & Services of Transformers & Rectifiers

Transformers & Rectifiers offers a comprehensive portfolio of products and services, including Power Transformers and Switch Gears.

Primary

Power transformers are designed and manufactured for generation, transmission, and infrastructure projects

Switch gears are produced for controlling and protecting electrical circuits in various applications

People of Transformers & Rectifiers

Headcount 500-1000
Employee Profiles 69
Board Members and Advisors 5
Employee Profiles
People
Mehul Dave
COO - Transformers And Rectifiers (india) Ltd. (s/g Division)
People
Jaimin Kotecha
Electrical Design Executive
People
Vishal Adheda
Manager - IT
People
Anirudha Jhala
Head of R&D & Quality

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Board Members and Advisors
people
Subir Kumar Das
Independent Director
people
Jitendra Mamtora
Chairman & Whole-time Director
people
Karuna Mamtora
Executive Director
people
Rajendra Shah
Independent Director

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Funding Insights of Transformers & Rectifiers

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $1.4M
  • First Round

    (13 Oct 2023)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2023 Amount Post-IPO - Transformers & Rectifiers Valuation

investors

Investors in Transformers & Rectifiers

Transformers & Rectifiers has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include Madhuri Madhusudan Kela, Sumit Bhalotia and Siddharth Shah.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Financial advisory services are provided to clients in Mumbai.
Founded Year Domain Location

Madhuri Madhusudan Kela

-
Founded Year Domain Location

Sumit Bhalotia

-
Founded Year Domain Location

Investments & Acquisitions by Transformers & Rectifiers

Transformers & Rectifiers has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Posco Poggen.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
Electrical steel and transformer services are provided via joint venture.
0

Financial Statements - Transformers Rectifiers

Transformers & Rectifiers Comparisons

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Competitors of Transformers & Rectifiers

Latest news on Transformers & Rectifiers

Frequently Asked Questions about Transformers & Rectifiers

Transformers & Rectifiers was founded in 1994 and raised its 1st funding round 29 years after it was founded.

Transformers & Rectifiers is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

As of Mar 31, 2024, the latest employee count at Transformers & Rectifiers is 1,750.

Annual revenue of Transformers & Rectifiers is $235.86M as on Mar 31, 2025.

Manufacturer of transformers and rectifier. The capability to develop world class power, distribution, furnace and specialty transformers is credited to the creation of a world class infrastructure at three plants, one of the leading industrialized cities.

Transformers & Rectifiers offers Power Transformers and Switch Gears.

Yes, Transformers & Rectifiers is publicly traded on NSE under the ticker symbol TARIL.

Transformers & Rectifiers has made 1 acquisition, including Posco Poggen.

Transformers & Rectifiers has 4 investors. Key investors include Madhuri Madhusudan Kela, Sumit Bhalotia, Siddharth Shah, and Anantroop Financial Advisory.

The ticker symbol of Transformers & Rectifiers is TARIL on NSE.

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