Raksan Transformers Limited

BSE: 544924
Raksan Transformers Limited - energy and power in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U31103DL1995PLC184910 Incorporated 21 July 1995 ROC Delhi HQ New Delhi, Delhi, India
Active Listed - BSE: 544924 Public Limited Company energy and power MSME · Medium
Market Cap
₹496 Cr
RAKSAN · BSE
Share Price
₹207.00
-12.75% today
Revenue
₹363 Cr
FY 2025-26 · +12.0% YoY
EBITDA
₹47.11 Cr
Margin 13.0%
Net Profit
₹33.55 Cr
FY 2025-26 · +64.5% YoY
P/E (TTM)
14.6x
P/B 2.5x
ROE
55.3%
ROCE 55.1%
Debt / Equity
0.36
Interest cover 2.3x

About Raksan Transformers Limited

Data last updated:

Raksan Transformers Limited is a public limited company based in New Delhi, Delhi, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 21 July 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31103DL1995PLC184910. Its GSTIN is 06AAACR6940H1ZE (Haryana). The company holds 3 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 544924.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹20.89 Cr. It is led by directors including Sanjeev Kanda (Managing Director) and Dievam Singh Kanda (Whole-Time Director).

Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Shop No. 16 Local Shopping Centre – 3 Sector – 8 Rohini, New Delhi, Delhi, India – 110085.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹363.11 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹33.55 Cr (net margin 9.2%) and EBITDA of ₹47.11 Cr (EBITDA margin 13%). The net worth stands at ₹77.42 Cr (up 75.7% YoY). Total assets are valued at ₹98.95 Cr (up 43.8% YoY).

The company has about 28 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹54.55 Cr and satisfied charges of ₹51.3 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it. The company has 1 deal on record (1 ipo); the latest was in September 2026. Its 5 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, 4 larger and 1 smaller; the largest is Riello Power India Private Limited with revenue of ₹338.99 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 550 overdue payments to 50 micro and small suppliers.

Raksan Transformers Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-18-0002146). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U31103DL1995PLC184910
Registration Number 184910
Incorporation Date 21 July 1995
ROC Delhi
Listing Status Listed - Listed on BSE (544924)
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-18-0002146

CIN history

Raksan Transformers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U31103DL1995PLC184910, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U31103DL1995PLC184910Current
U31103PB1995PTC016812Previous
U31103DL1995PTC184910Previous
Key People
Sanjeev Kanda Managing Director Dievam Singh Kanda Whole-Time Director Renu Kanda Director

Recognitions & Rankings of Raksan Transformers

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-HR-18-0002146

Contact details

Raksan Transformers Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Shop No. 16 Local Shopping Centre – 3 Sector – 8 Rohini, New Delhi, Delhi, India – 110085
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Raksan Transformers Limited, buy the company report.

Comprehensive company report
Raksan 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Raksan 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 Raksan Transformers Limited, buy the company report.

Financials of Raksan Transformers Limited

FY 2025-26 filings available

Raksan Transformers Limited reported revenue of ₹363.11 Cr (up 12% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹363 Cr
+12.0% YoY
EBITDA
₹47.11 Cr
+57.0% YoY
Profit After Tax
₹33.55 Cr
+64.5% YoY
Net Worth
₹77.42 Cr
+75.7% YoY
Total Assets
₹98.95 Cr
+43.8% YoY
Total Debt
₹20.74 Cr
-11.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Income statement
Revenue36332416172.33
Revenue growth+12.0%+101.4%+122.5%-
EBITDA47.1130.0111.055.95
EBITDA margin+13.0%+9.3%+6.9%+8.2%
Profit before tax45.1927.7410.414.85
Net profit33.5520.397.533.36
Net profit margin+9.2%+6.3%+4.7%+4.7%
EPS (₹)20.39234.9187.5039.06
Balance sheet
Total assets98.9568.7935.3723.94
Net worth77.4244.0723.7016.11
Total debt20.7423.519.815.71
Cash & bank0.230.214.641.06
Net working capital44.9124.9313.619.65
Cash flow
Cash from operations14.895.367.455.60
Cash from investing(11.19)(22.55)(7.42)(7.54)
Cash from financing(3.68)12.763.55(6.99)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2020-21
Income statement
Revenue36332416172.3734.22
Revenue growth+12.0%+101.4%+122.4%--
EBITDA46.9529.6411.146.020.89
EBITDA margin+12.9%+9.1%+6.9%+8.3%+2.6%
Profit before tax45.0327.3810.544.940.26
Net profit33.2920.867.263.430.08
Net profit margin+9.2%+6.4%+4.5%+4.7%+0.2%
EPS (₹)20.24239.3784.2539.950.83
Balance sheet
Total assets99.1369.1735.1223.8921.21
Net worth77.5944.5023.7416.4312.23
Total debt20.7423.519.815.708.99
Cash & bank0.110.114.648.328.53
Net working capital45.0725.1913.3416.8814.43
Cash flow
Cash from operations14.865.277.455.610.44
Cash from investing(11.23)(22.55)(7.42)(0.28)5.11
Cash from financing(3.64)12.763.55(6.99)2.98

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 15 Nov 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Revenue36332416172.33
Revenue growth+12.0%+101.4%+122.5%-
Other income0.520.571.581.27
Total expenses31629415066.38
Employee cost6.206.674.023.60
EBITDA47.1130.0111.055.95
EBITDA margin+13.0%+9.3%+6.9%+8.2%
Depreciation1.380.960.380.25
Interest1.061.881.842.12
Profit before tax45.1927.7410.414.85
Tax11.587.372.811.46
Net profit33.5520.397.533.36
Net profit margin+9.2%+6.3%+4.7%+4.7%
EPS (₹)20.39234.9187.5039.06
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Equity & liabilities
Share capital16.480.870.870.87
Reserves & surplus60.9443.2022.8315.24
Shareholders' funds (net worth)77.4244.0723.7016.11
Minority interest0.000.040.040.04
Secured loans20.7423.519.145.29
Unsecured loans0.000.000.670.42
Total debt20.7423.519.815.71
Total liabilities98.9568.7935.3723.94
Assets
Gross block46.6736.4011.689.88
Net block41.5132.568.686.59
Capital work in progress3.732.750.000.00
Investments0.000.100.000.10
Inventories25.9121.2419.4511.18
Sundry debtors73.2152.0220.1215.32
Cash & bank balances0.230.214.641.06
Loans & advances2.200.571.050.23
Total current assets10274.0445.2627.79
Total current liabilities56.6449.1131.6518.14
Net working capital44.9124.9313.619.65
Total assets98.9568.7935.3723.94
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Opening cash0.214.641.069.99
Net cash from operating activities14.895.367.455.60
Net cash from investing activities(11.19)(22.55)(7.42)(7.54)
Net cash from financing activities(3.68)12.763.55(6.99)
Net change in cash0.02(4.43)3.58(8.93)
Closing cash0.230.214.641.06
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Growth
Sales growth+12.0%+101.4%+122.5%-
EBITDA growth+57.0%+171.6%+85.7%-
PBT growth+62.9%+166.5%+114.6%+9997.0%
Net income growth+64.5%+170.8%+124.1%-
Revenue CAGR (3Y)+71.2%---
EBITDA CAGR (3Y)+99.3%---
Profitability & leverage
Net income margin+9.3%+6.3%+4.7%+4.7%
Return on capital employed+55.2%+56.9%+41.3%+29.2%
Return on net worth+55.3%+60.1%+38.1%+21.0%
Debt / equity0.360.490.390.35
Long-term debt / equity0.150.160.02-0.02
Interest cover2.326.4717.2437.19
Efficiency & per share
Fixed asset turnover8.7413.4914.937.32
Inventory turnover15.4015.9410.516.47
Debtors turnover5.808.999.084.72
EPS (₹)20.39234.9187.5039.06
Dividend per share (₹)0.003.000.000.00
Book value per share (₹)46.97508.09273.18185.67
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2020-21
Revenue36332416172.3734.22
Revenue growth+12.0%+101.4%+122.4%--
Other income0.520.581.431.240.67
Total expenses31629515066.3533.33
Employee cost6.207.283.953.552.73
EBITDA46.9529.6411.146.020.89
EBITDA margin+12.9%+9.1%+6.9%+8.3%+2.6%
Depreciation1.380.960.380.250.37
Interest1.061.881.652.070.93
Profit before tax45.0327.3810.544.940.26
Tax11.686.623.221.480.18
Net profit33.2920.867.263.430.08
Net profit margin+9.2%+6.4%+4.5%+4.7%+0.2%
EPS (₹)20.24239.3784.2539.950.83
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2020-21
Equity & liabilities
Share capital16.480.870.870.870.87
Reserves & surplus61.1143.6322.8715.5611.36
Shareholders' funds (net worth)77.5944.5023.7416.4312.23
Secured loans13.9315.249.815.708.99
Unsecured loans6.818.270.000.000.00
Total debt20.7423.519.815.708.99
Total liabilities99.1369.1735.1223.8921.21
Assets
Gross block44.9535.6210.909.098.71
Net block39.8331.827.935.835.70
Capital work in progress3.732.750.000.000.00
Investments1.690.970.850.940.81
Inventories25.9121.2419.4511.1812.06
Sundry debtors73.2152.0220.2015.329.91
Cash & bank balances0.110.114.648.328.53
Loans & advances2.190.571.080.231.87
Total current assets10173.9445.3735.0532.37
Total current liabilities56.3548.7532.0318.1717.94
Net working capital45.0725.1913.3416.8814.43
Total assets99.1369.1735.1223.8921.21
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2020-21
Opening cash0.114.641.069.990.01
Net cash from operating activities14.865.277.455.610.44
Net cash from investing activities(11.23)(22.55)(7.42)(0.28)5.11
Net cash from financing activities(3.64)12.763.55(6.99)2.98
Net change in cash(0.01)(4.53)3.58(1.67)8.53
Closing cash0.110.114.648.328.53
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2020-21
Growth
Sales growth+12.0%+101.4%+122.4%--
EBITDA growth+58.4%+166.1%+85.1%--
PBT growth+64.5%+159.8%+113.4%+1800.0%+9997.0%
Net income growth+59.6%+187.3%+111.7%--
Revenue CAGR (3Y)+71.2%+111.6%---
EBITDA CAGR (3Y)+98.3%+221.7%---
Profitability & leverage
Net income margin+9.2%+6.4%+4.6%+4.8%+0.2%
Return on capital employed+54.8%+56.1%+41.3%+29.4%+5.6%
Return on net worth+54.6%+60.8%+36.4%+21.1%+0.6%
Debt / equity0.360.490.390.350.74
Long-term debt / equity0.150.170.04-0.620.02
Interest cover2.336.5615.3335.88178.85
Efficiency & per share
Fixed asset turnover9.0113.9416.107.963.93
Inventory turnover15.4015.9410.516.472.84
Debtors turnover5.808.989.064.723.45
EPS (₹)20.24239.3784.2539.950.83
Dividend per share (₹)0.003.000.000.000.00
Book value per share (₹)47.08513.04273.67189.42140.93

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

Board of directors of Raksan Transformers Limited

Raksan Transformers has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjeev Kanda
Also directs: Shr Powers Private Limited
Managing Director21 Jul 199531 Years 3 MonthsCurrent
Renu Kanda
Also directs: Shr Powers Private Limited
Director01 May 20233 Years 6 MonthsCurrent
Kamal Dev AroraDirector29 Jul 20251 Years 3 MonthsCurrent
Lokesh Vats
Also directs: Associated Chartereds (Ac) Consulting LLP
Director29 Jul 20251 Years 3 MonthsCurrent
Dievam Singh KandaWhole-Time Director03 Feb 20251 Years 9 MonthsCurrent
View all directors

Peer comparison

Raksan Transformers Limited is compared with the 5 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
Raksan Transformers Limitedthis company₹363.11 Cr (FY 2026)₹33.55 Cr9.2%12.0%28New Delhi, Delhi, India
Riello Power India Private Limited₹338.99 Cr (FY 2025)6.0%New Delhi, Delhi, India
Southern Batteries Private Limited₹333.42 Cr (FY 2017)3.0%Bangalore, Karnataka, India
Advance Panels and Switchgears Private Limited₹333.39 Cr (FY 2025)-9.0%Delhi, India
Norisys Technology Private Limited₹324.98 Cr (FY 2025)11.0%New Delhi, Delhi, India
L&T - Mhi Power Turbine Generators Private Limited₹319.93 Cr (FY 2025)-2.0%Mumbai, Maharashtra, India

To see the full peer comparison of Raksan Transformers Limited, buy the company report.

Auditor

Raksan Transformers Limited is audited by T U & CO. for the financial year 2025.

Auditor firmFinancial yearFirm registration number
T U & CO.FY 2025004555N

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 73.60%, foreign institutional investors hold 2.30%, domestic institutional investors hold 8.00% and retail and other public shareholders hold 16.10%.

Promoters: 73.60%DII (Domestic Institutional): 8.00%FII (Foreign Institutional): 2.30%Retail & Others: 16.10%
Sep 2026
QUARTER
73.60% Promoters
8.00% DII (Domestic Institutional)
2.30% FII (Foreign Institutional)
16.10% Retail & Others
Shareholding trend - last 6 quarters
Sep 2026
Promoters73.60%
Public26.40%

Charges & borrowings

Open charges
₹54.55 Cr
Satisfied charges
₹51.3 Cr
Breakdown by lending institutions
Indian Bank₹52.38 Cr
Axis Bank Limited₹1.79 Cr
Hdfc Bank Limited₹0.38 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Jul 2025101140211Indian Bank₹31 LakhOpen
30 Nov 2024101035558Hdfc Bank Limited₹38.08 LakhOpen
09 Feb 2024100863987Indian Bank₹52.07 CrOpen
23 Jan 2024100860678Axis Bank Limited₹1.79 CrOpen
11 Sep 2023100800852Indian Bank₹19.29 CrSatisfied

To see the full charge records of Raksan Transformers Limited, buy the company report.

Total charge records: 23 View all charges

Deals & funding

Raksan Transformers Limited has 1 deal on record (1 ipo); the latest was in September 2026.

Total deals
1
IPO
1

Deals on record (1 of 1)

WhenDealAmountParties
Sep 2026IPO₹150.5 CrInvestors: LRSD Securities Private Limited , Shine Star Build-Cap Private Limited , Saint Capital Fund
Seller: an individual

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

Credit ratings & regulatory alerts

Raksan Transformers Limited was last rated by Icra on 07 Sep 2015.

Rating agencyRated onRating
Icra07 Sep 2015

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

MSME payment delays

Raksan Transformers Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 550 overdue payments to 50 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 50)

SupplierAmount dueDue sinceReported on
Super Electric Corner
Kumar and Kumar
Raj Petro Specialities Private Limited
Bihar Ceramics
an individual supplier

To see the full MSME payment records of Raksan Transformers Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Raksan Transformers Limited has a workforce of 28 employees on its EPFO records as of May 2026.

Employee count
28
Employee growth
115.4%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2728
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Raksan Transformers Limited, buy the company report.

GST

Raksan Transformers has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
06AAACR6940H1ZEHaryanaActive01 Jul 2017

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

Recent activity

Raksan Transformers Limited has 7 board changes on record since 1995: 5 appointments and 2 cessations. The latest: Dievam Singh Kanda ceased to be Director on 03 Aug 2025.

Charges
A charge with Indian Bank of Rs. 52.07 Cr registered on 09 Feb 2024 with Charge ID 100863987 was modified on 25 May 2026.
Filing
Raksan Transformers Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi Ii.
AGM
Raksan Transformers Limited last Annual general meeting of members was held on 04 Sep 2025 as per latest MCA records.
Ceased
Dievam Singh Kanda ceased to be Director.
Appointed
Kamal Dev Arora was appointed as Director.
Appointed
Lokesh Vats was appointed as Director.
Charges
A charge with Indian Bank amounted to Rs. 0.31 Cr with Charge ID 101140211 was registered on 08 Jul 2025.
Appointed
Dievam Singh Kanda was appointed as Whole-Time Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.38 Cr with Charge ID 101035558 was registered on 30 Nov 2024.
Charges
A charge registered on 11 Sep 2023 via Charge ID 100800852 with Indian Bank was fully satisfied on 19 Nov 2024.
Charges
A charge registered on 29 Nov 2018 via Charge ID 100258805 with Yes Bank Limited was fully satisfied on 26 Jun 2024.
Charges
A charge with Indian Bank amounted to Rs. 52.07 Cr with Charge ID 100863987 was registered on 09 Feb 2024.

45 earlier events are in the company report.

Frequently asked questions

Raksan Transformers is an active public limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 21 July 1995 (31+ years old) and is registered under CIN U31103DL1995PLC184910. Listed on BSE: 544924.

Raksan Transformers reported revenue of ₹363.11 Cr for FY 2025-26 (up 12% YoY) based on consolidated financials.

Raksan Transformers has 5 current directors:

The latest financial statements of Raksan Transformers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Raksan Transformers is 06AAACR6940H1ZE, registered in Haryana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Raksan Transformers is U31103DL1995PLC184910. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Raksan Transformers is a listed company as per MCA records. Its shares are listed on BSE (code: 544924).

Raksan Transformers has 4 court cases on record: 2 filed by the company and 2 filed against it.

Raksan Transformers was incorporated on 21 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.

Raksan Transformers has 1 deal on record (1 ipo); the latest was in September 2026.

The peers of Raksan Transformers by revenue are Riello Power India Private Limited, Southern Batteries Private Limited, Advance Panels and Switchgears Private Limited, Norisys Technology Private Limited, L&T - Mhi Power Turbine Generators Private 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).

Dievam Singh Kanda ceased to be Director on 03 Aug 2025. Kamal Dev Arora was appointed as Director on 29 Jul 2025. Lokesh Vats was appointed as Director on 29 Jul 2025. Raksan Transformers has 7 board changes on record in total.