Indo-Tech Transformers Limited - energy and power in Kancheepuram, Tamil Nadu, India. FY 2026 financials & compliance.
CIN L29113TN1992PLC022011 Incorporated 16 January 1992 ROC Chennai HQ Kancheepuram, Tamil Nadu, India
Active Listed - NSE: INDOTECH · BSE: 532717 Public Limited Company energy and power
Data last updated
Market Cap
₹2,758 Cr
INDOTECH · NSE
Share Price
₹2,732.40
+5.23% today
Revenue
₹782 Cr
FY 2025-26 · +27.8% YoY
EBITDA
₹129 Cr
Margin 16.5%
Net Profit
₹92.76 Cr
FY 2025-26 · +45.2% YoY
P/E (TTM)
28.2x
P/B 7.5x
ROE
28.4%
ROCE 39.8%
Debt / Equity
0.02
Interest cover 8.9x

About Indo-Tech Transformers Limited

Data last updated:

Indo-Tech Transformers Limited is a public limited company based in Kancheepuram, Tamil Nadu, India, a subsidiary of Shirdi Sai Electricals Limited. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 16 January 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L29113TN1992PLC022011. Its GSTIN is 33AAACI5775P1Z2 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 532717 and NSE: INDOTECH.

The company has an authorised share capital of ₹15.3 Cr and a paid-up capital of ₹10.62 Cr. It is led by directors including Manohar Purushothaman (Whole-Time Director) and Sudheer Vennam.

Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Survey No. 153 – 210 Illuppapattu Village Near Rajakulam Kancheepuram (Dist.), Tamil Nadu, India – 631561.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹782.08 Cr, a growth of 27.8% compared to the previous year. For the same year it recorded a net profit of ₹92.76 Cr (net margin 11.9%) and EBITDA of ₹129.11 Cr (EBITDA margin 16.5%). The net worth stands at ₹373.71 Cr (up 33.1% YoY). Total assets are valued at ₹384.9 Cr (up 31.6% YoY).

The company is associated with 1 brand: Indo Tech Transformers. As per MCA filings, the company has open charges of ₹379.31 Cr and satisfied charges of ₹311.25 Cr on record. Court records list 32 cases involving the company, including 19 filed by the company and 13 filed against it; 4 cases are pending. The company has 72 deals on record (70 market trades, 1 acquisition, 1 ipo); the latest was in June 2026. Its 3 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 1 smaller; the largest is Solex Energy Limited with revenue of ₹663.64 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 890 overdue payments to 123 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indo-tech.com.

Company details

CIN L29113TN1992PLC022011
Registration Number 022011
Incorporation Date 16 January 1992
ROC Chennai
Listing Status Listed - Listed on NSE (INDOTECH); Listed on BSE (532717)
Company Status Active
Date of Last AGM 11 August 2025
Date of Balance Sheet 31 March 2026
Parent Company Shirdi Sai Electricals Limited
Compliance Status Active Compliant

Contact details

Indo-Tech Transformers Limited's registered office is in Kancheepuram, Tamil Nadu. Its website is indo-tech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Survey No. 153 – 210 Illuppapattu Village Near Rajakulam Kancheepuram (Dist.), Tamil Nadu, India – 631561
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Indo-Tech Transformers Limited, buy the company report.

Comprehensive company report
Indo-Tech Transformers Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Indo-Tech Transformers operates one associated brand: Indo Tech Transformers. Each brand links to its own profile.

BrandDescriptionWebsite
Transformers are manufactured by Indo Tech Transformers in India.indo-tech.com

Business activity

The main business activity of Indo-Tech Transformers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Indo-Tech Transformers Limited, buy the company report.

Financials of Indo-Tech Transformers Limited

FY 2025-26 filings available

Indo-Tech Transformers Limited reported revenue of ₹782.08 Cr (up 27.8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹782 Cr
+27.8% YoY
EBITDA
₹129 Cr
+52.5% YoY
Profit After Tax
₹92.76 Cr
+45.2% YoY
Net Worth
₹374 Cr
+33.1% YoY
Total Assets
₹385 Cr
+31.6% YoY
Total Debt
₹5.19 Cr
-36.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue782612503371280206205
Revenue growth+27.8%+21.6%+35.7%+32.4%+36.0%+0.3%-
EBITDA12984.6467.9536.3222.1111.281.91
EBITDA margin+16.5%+13.8%+13.5%+9.8%+7.9%+5.5%+0.9%
Profit before tax12486.0057.2925.6912.486.360.11
Net profit92.7663.9046.8725.6912.196.291.93
Net profit margin+11.9%+10.4%+9.3%+6.9%+4.4%+3.1%+0.9%
EPS (₹)87.3660.1544.1224.2011.485.921.81
Balance sheet
Total assets385292225183147134128
Net worth374281217171145133127
Total debt5.198.165.0011.340.560.000.00
Cash & bank11493.0957.5442.3642.5021.7812.65
Net working capital27521516513298.5383.4670.44
Cash flow
Cash from operations56.8855.3031.77(3.94)21.697.83(14.50)
Cash from investing(53.22)(17.70)(11.60)(14.75)(8.73)(2.59)(1.80)
Cash from financing(5.09)1.43(8.09)9.37(0.11)(0.15)(0.07)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue228239196183164206177146
Revenue growth (YoY)+39.0%+16.0%+10.7%+25.1%+99.6%---
Other income4.801.312.304.182.645.356.343.06
Total expenses196207163152140185153123
EBITDA31.7932.3632.9930.9524.0020.6724.2523.02
EBITDA margin+13.9%+13.5%+16.8%+16.9%+14.6%+10.0%+13.7%+15.7%
Depreciation1.741.291.211.191.121.141.141.11
Interest0.500.510.580.620.510.580.600.47
Profit before tax34.3531.8733.5033.3225.0124.3028.8524.50
Tax8.657.958.608.545.843.329.586.78

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 04 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue228239196183164206177146
Revenue growth (YoY)+39.0%+16.0%+10.7%+25.1%+99.6%---
Other income4.801.312.304.182.645.356.343.06
Total expenses196207163152140185153123
EBITDA31.7932.3632.9930.9524.0020.6724.2523.02
EBITDA margin+13.9%+13.5%+16.8%+16.9%+14.6%+10.0%+13.7%+15.7%
Depreciation1.741.291.211.191.121.141.141.11
Interest0.500.510.580.620.510.580.600.47
Profit before tax34.3531.8733.5033.3225.0124.3028.8524.50
Tax8.657.958.608.545.843.329.586.78
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue782612503371280206205
Revenue growth+27.8%+21.6%+35.7%+32.4%+36.0%+0.3%-
Other income10.4316.456.712.661.692.925.42
Total expenses653527435335258195203
Employee cost38.4234.5831.8730.9525.1122.5221.58
EBITDA12984.6467.9536.3222.1111.281.91
EBITDA margin+16.5%+13.8%+13.5%+9.8%+7.9%+5.5%+0.9%
Depreciation4.814.474.914.824.524.824.79
Interest11.0410.6212.468.476.803.022.43
Profit before tax12486.0057.2925.6912.486.360.11
Tax30.9322.1010.420.000.290.07(1.82)
Net profit92.7663.9046.8725.6912.196.291.93
Net profit margin+11.9%+10.4%+9.3%+6.9%+4.4%+3.1%+0.9%
EPS (₹)87.3660.1544.1224.2011.485.921.81
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.6210.6210.6210.6210.6210.6210.62
Reserves & surplus363270207160134123116
Shareholders' funds (net worth)374281217171145133127
Secured loans5.198.165.0011.340.560.000.00
Unsecured loans0.000.000.000.000.000.000.00
Total debt5.198.165.0011.340.560.000.00
Total liabilities385292225183147134128
Assets
Gross block12191.3386.1076.4668.8767.3166.71
Net block74.7749.6648.9044.1741.3943.7447.96
Capital work in progress12.036.260.361.141.140.000.00
Investments0.000.000.000.000.000.000.00
Inventories19913712273.9152.9035.8847.55
Sundry debtors12112313912981.5969.2773.85
Cash & bank balances11493.0957.5442.3642.5021.7812.65
Loans & advances13.388.627.185.7514.7210.2511.97
Total current assets447362326251192137146
Total current liabilities17214616112093.1853.7275.58
Net working capital27521516513298.5383.4670.44
Total assets385292225183147134128
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash64.0625.0312.9522.279.414.3320.70
Net cash from operating activities56.8855.3031.77(3.94)21.697.83(14.50)
Net cash from investing activities(53.22)(17.70)(11.60)(14.75)(8.73)(2.59)(1.80)
Net cash from financing activities(5.09)1.43(8.09)9.37(0.11)(0.15)(0.07)
Net change in cash(1.43)39.0312.08(9.32)12.855.08(16.37)
Closing cash11493.0957.5442.3642.5021.7812.65
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+27.8%+21.6%+35.7%+32.4%+36.0%+0.3%-
EBITDA growth+52.5%+24.6%+87.1%+64.3%+96.0%+490.6%-
PBT growth+43.8%+50.1%+123.0%+105.9%+96.2%+5681.8%+9998.0%
Net income growth+45.2%+36.3%+82.4%+110.8%+93.8%+225.9%-
Revenue CAGR (3Y)+28.2%+29.8%+34.7%+21.8%+9.5%-2.2%+11.3%
EBITDA CAGR (3Y)+52.6%+56.4%+82.0%+166.9%---
Profitability & leverage
Net income margin+11.9%+10.4%+9.3%+6.9%+4.4%+3.1%+0.9%
Return on capital employed+39.8%+37.4%+30.8%+15.4%+8.9%+4.3%+1.5%
Return on net worth+28.4%+25.7%+21.7%+12.0%+5.7%+2.9%+1.1%
Debt / equity0.020.030.040.040.000.000.00
Long-term debt / equity0.010.020.010.000.000.000.00
Interest cover8.8813.2519.7726.8938.6646.75-84.38
Efficiency & per share
Fixed asset turnover7.376.906.195.104.113.073.10
Inventory turnover4.654.725.135.856.314.944.94
Debtors turnover6.424.683.753.523.712.883.03
EPS (₹)87.3660.1544.1224.2011.485.921.81
Dividend per share (₹)10.000.000.000.000.000.000.00
Book value per share (₹)351.89264.36204.48160.93136.65125.45119.14

To see the full year-wise statements and ratios of Indo-Tech Transformers Limited, buy the company report.

Board of directors of Indo-Tech Transformers Limited

Indo-Tech Transformers has 6 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sudheer VennamDirector12 Aug 20224 Years 2 MonthsCurrent
Ajay Kumar DhagatDirector13 Aug 20206 Years 2 MonthsCurrent
Visweswara Reddy NarreddyDirector03 Sep 20206 Years 2 MonthsCurrent
Leena Mukundh SathyanarayananDirector05 Nov 20205 Years 11 MonthsCurrent
Sharat Chandra KollaDirector03 Sep 20206 Years 2 MonthsCurrent
Manohar PurushothamanWhole-Time Director20 May 20251 Years 5 MonthsCurrent

Peer comparison

Indo-Tech Transformers Limited is compared with the 3 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Indo-Tech Transformers Limitedthis company₹782.08 Cr (FY 2026)₹92.76 Cr11.9%27.8%Kancheepuram, Tamil Nadu, India
Solex Energy Limited₹663.64 Cr (FY 2025)80.0%Surat, Gujarat, India
Hind Rectifiers Limited₹656.85 Cr (FY 2025)27.0%Mumbai, Maharashtra, India
Karad Projects and Motors Limited₹592.81 Cr (FY 2025)12.0%Pune, Maharashtra, India

To see the full peer comparison of Indo-Tech Transformers Limited, buy the company report.

Auditor

Indo-Tech Transformers Limited is audited by ASA & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ASA & Associates LLPFY 2023009571N/N500006

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 72.20%, foreign institutional investors hold 0.30%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 27.50%.

Promoters: 72.20%FII (Foreign Institutional): 0.30%Retail & Others: 27.50%
Sep 2026
QUARTER
72.20% Promoters
0.30% FII (Foreign Institutional)
27.50% Retail & Others
Promoter holding - history
Now 72.20% · Sep 2026High 75.00% · Dec 2025Low 72.20% · Sep 2026
71%72.3%73.5%74.8%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 75.00%Mar 2026: 75.00%Jun 2026: 75.00%Sep 2026: 72.20%75.00%72.20%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters72.20%75.00%75.00%75.00%
Public27.80%25.00%25.00%25.00%

Charges & borrowings

Open charges
₹379.31 Cr
Satisfied charges
₹311.25 Cr
Breakdown by lending institutions
Sbicap Trustee Company Limited₹371.45 Cr
State Bank of India₹7.80 Cr
Others₹0.06 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Feb 2022100540790State Bank of India₹7.8 CrOpen
13 Feb 2018100157560Others₹5.92 LakhOpen
11 Jan 200590289237Sbicap Trustee Company Limited₹371.45 CrOpen
30 Sep 2024100991462Others₹30 CrSatisfied
30 Mar 2023100699188Others₹73 CrSatisfied

To see the full charge records of Indo-Tech Transformers Limited, buy the company report.

Total charge records: 18 View all charges

Deals & funding

Indo-Tech Transformers Limited has 72 deals on record (70 market trades, 1 acquisition, 1 ipo); the latest was in June 2026.

Total deals
72
Market trades
70
Acquisition
1
IPO
1

Deals on record (5 of 72)

WhenDealAmountParties
Jun 2026Market trade₹42.43 CrSeller: Shirdi Sai Electricals Limited
Jun 2026Market trade₹21.99 CrSeller: Shirdi Sai Electricals Limited
Jun 2026Market trade₹90.47 CrBuyer: Iifl Asset Management Limited
Seller: Shirdi Sai Electricals Limited
Jun 2026Market trade₹59.7 CrBuyer: Iifl Asset Management Limited
Seller: Shirdi Sai Electricals Limited
May 2025Market trade₹23.79 CrBuyer: Neo Apex Venture LLP
Seller: Neo Apex Venture LLP

To see the full deal history of Indo-Tech Transformers Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Indo-Tech Transformers Limited was last rated by Icra on 16 Aug 2021.

Rating agencyRated onRating
Icra16 Aug 2021

To see the full credit ratings and regulatory alerts of Indo-Tech Transformers Limited, buy the company report.

MSME payment delays

Indo-Tech Transformers Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 890 overdue payments to 123 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 123)

SupplierAmount dueDue sinceReported on
Primastir Solutions Private Limited
an individual supplier
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Indo-Tech Transformers Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Indo-Tech Transformers Limited has 1 active EPFO establishment as of Apr 05, 2024.

Active EPFO establishments
1

GST

Indo-Tech Transformers has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAACI5775P1Z2Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Indo-Tech Transformers Limited, buy the company report.

Recent activity

Indo-Tech Transformers Limited has 67 board changes on record since 1992: 37 appointments and 30 cessations. The latest: Sutanu Behuria ceased to be Director on 18 Aug 2025.

Filing
Indo-Tech Transformers Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
Charges
A charge with State Bank Of India of Rs. 7.80 Cr registered on 03 Feb 2022 with Charge ID 100540790 was modified on 15 Oct 2025.
Ceased
Sutanu Behuria ceased to be Director.
AGM
Indo-Tech Transformers Limited last Annual general meeting of members was held on 11 Aug 2025 as per latest MCA records.
Appointed
Shiva Prasad Padhy was appointed as Company Secretary.
Appointed
Manohar Purushothaman was appointed as Whole-Time Director.
Ceased
Manikandan Manickawasagar ceased to be Company Secretary.
Ceased
Shridhar Gokhale ceased to be Whole-Time Director.
Charges
A charge registered on 30 Sep 2024 via Charge ID 100991462 with Others was fully satisfied on 20 Feb 2025.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 371.45 Cr registered on 11 Jan 2005 with Charge ID 90289237 was modified on 13 Dec 2024.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100991462 was registered on 30 Sep 2024.
Charges
A charge registered on 30 Mar 2023 via Charge ID 100699188 with Others was fully satisfied on 07 Jul 2023.

103 earlier events are in the company report.

Frequently asked questions

Indo-Tech Transformers is an active public limited company based in Kancheepuram, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 16 January 1992 (34+ years old) and is registered under CIN L29113TN1992PLC022011. Listed on BSE: 532717 and NSE: INDOTECH.

Indo-Tech Transformers reported revenue of ₹782.08 Cr for FY 2025-26 (up 27.8% YoY) based on standalone financials.

Indo-Tech Transformers has 6 current directors:

The latest financial statements of Indo-Tech Transformers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 11 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Indo-Tech Transformers is 33AAACI5775P1Z2, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Indo-Tech Transformers is L29113TN1992PLC022011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Indo-Tech Transformers is a listed company as per MCA records. Its shares are listed on both BSE (code: 532717) and NSE (symbol: INDOTECH).

Indo-Tech Transformers has 32 court cases on record: 19 filed by the company and 13 filed against it. 4 are pending. Most are in the high courts.

Indo-Tech Transformers was incorporated on 16 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chennai.

Indo-Tech Transformers has 72 deals on record (70 market trades, 1 acquisition, 1 ipo); the latest was in June 2026.

The peers of Indo-Tech Transformers by revenue are Solex Energy Limited, Hind Rectifiers Limited, Karad Projects and Motors Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Sutanu Behuria ceased to be Director on 18 Aug 2025. Shiva Prasad Padhy was appointed as Company Secretary on 18 Jun 2025. Manohar Purushothaman was appointed as Whole-Time Director on 20 May 2025. Indo-Tech Transformers has 67 board changes on record in total.