Tarapur Transformers Limited (TARAPUR) AI Stock Analysis

Tarapur Transformers Limited

(NSE:TARAPUR)

Select Model

Rating:49Neutral

Price Target:INR 13.50▼(-1.53% Downside)

Action:reiterated

Date:10/14/26

The score is primarily held down by weak financial performance (collapsed revenue, inconsistent profitability, and balance-sheet stress with high leverage/negative equity). Technical indicators provide some support due to recent positive momentum, but valuation remains unfavorable given the negative P/E and lack of dividend yield data.

Positive Factors

Transformer Industry FocusThe company is focused on a defined electrical-equipment niche serving power transmission and distribution applications. This specialization gives its business a clear market role and provides exposure to infrastructure-related demand, although execution remains important.

Negative Factors

Revenue CollapseThe severe and sustained decline in revenue indicates that the company currently lacks a dependable top-line base. Near-zero sales reduce operating scale, weaken customer and market traction, and make any future earnings recovery highly dependent on rebuilding revenue.

Tarapur Transformers Limited (TARAPUR) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 234.20M
Dividend Yield: ―
Average Volume (3M): 21.62K
Price to Earnings (P/E): -11.1
Beta (1Y): 1.63
Revenue Growth: ―
EPS Growth: -240.30%
Country: India
Employees: 6
Sector: General
Sector Strength: 55
Industry: Electrical Equipment & Parts

Tarapur Transformers Limited Business Overview & Revenue Model

Company Description

Tarapur Transformers Limited engages in the manufacture, repair, refurbishment, and upliftment of transformers in India. The company offers power transformers, such as systems, generator, auto, and furnace transformers, as well as rectifiers and rail...

Tarapur Transformers Limited Financial Statement Overview

Summary

Financial fundamentals are weak: revenue collapsed from FY2023 to near-zero by FY2025–FY2026, profitability has been repeatedly negative with generally poor/negative gross profit, and the balance sheet shows high leverage with recurring negative equity. Cash flow improved in FY2025–FY2026, but the rebound is inconsistent and not supported by stable revenue.

Income Statement

12Very Negative

Balance Sheet

18Very Negative

Cash Flow

32Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Jun 2023	Mar 2022
Income Statement
Total Revenue	0	0	1,000	1.60M	34.88M	25.34M
Gross Profit	-3.25M	-4.01M	-7.33M	-11.71M	-3.75M	1.15M
EBITDA	-8.96M	6.52M	183.61M	-538.00K	-261.46M	73.27M
Net Income	-23.86M	-18.46M	161.50M	-12.49M	-273.29M	61.28M
Balance Sheet
Total Assets	0	116.36M	119.55M	218.11M	225.21M	594.78M
Cash, Cash Equivalents and Short-Term Investments	3.14M	3.14M	5.59M	11.41M	8.19M	29.18M
Total Debt	0	86.12M	103.09M	352.53M	352.39M	355.56M
Total Liabilities	18.62M	134.98M	113.18M	371.32M	369.76M	509.98M
Stockholders Equity	-18.62M	-18.62M	6.36M	-153.22M	-144.56M	84.80M
Cash Flow
Free Cash Flow	2.89M	0	255.72M	-1.21M	-133.71M	-13.13M
Operating Cash Flow	2.89M	13.38M	255.72M	-1.21M	-133.57M	-13.13M
Investing Cash Flow	6.62M	3.11M	4.50M	3.56M	125.86M	-19.56M
Financing Cash Flow	-10.26M	-16.97M	-262.43M	-3.41M	-5.70M	33.42M

Tarapur Transformers Limited Technical Analysis

Technical Analysis SentimentPositive

Last Price13.71

Price Trends

50DMA13.55Positive

100DMA15.46Negative

200DMA20.30Negative

Market Momentum

MACD-0.04Positive

RSI50.14Neutral

STOCH39.39Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TARAPUR, the sentiment is Positive. The current price of 13.71 is below the 20-day moving average (MA) of 13.96, above the 50-day MA of 13.55, and below the 200-day MA of 20.30, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 50.14 is Neutral, neither overbought nor oversold. The STOCH value of 39.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:TARAPUR.

Tarapur Transformers Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:TARAPUR against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:BHEL	71Outperform	INR 1.35T	46.87	―	0.49%	29.08%	415.38%
IN:ABB	70Outperform	INR 1.36T	45.48	―	0.61%	7.92%	66.43%
IN:TDPOWERSYS	64Neutral	INR 229.42B	81.13	―	0.15%	54.29%	45.24%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:SIEMENS	53Neutral	INR 1.17T	35.90	―	0.55%	-12.45%	12.44%
IN:TARAPUR	49Neutral	INR 267.35M	-11.06	―	―	―	-240.30%
IN:KECL	47Neutral	INR 6.88B	91.63	―	―	3.38%	234.48%

* General Sector Average

Performance Comparison

IN:TARAPUR and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:TARAPUR	Tarapur Transformers Limited	13.71	-21.73	-61.31%
IN:ABB	ABB India Limited	6403.00	1229.22	23.76%
IN:BHEL	Bharat Heavy Electricals Limited	387.35	123.20	46.64%
IN:KECL	Kirloskar Electric Co. Ltd.	103.60	-13.55	-11.57%
IN:SIEMENS	Siemens Limited	3285.00	174.88	5.62%
IN:TDPOWERSYS	TD Power Systems Limited	713.70	307.29	75.61%

Tarapur Transformers Limited Corporate Events

Tarapur Transformers Files SEBI Compliance Certificate; No Demat Activity in Quarter

Oct 13, 2026

Tarapur Transformers Limited has submitted to the Indian stock exchanges a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter and half year ended 30 September 2026. The certific...

Tarapur Transformers Sets Dates for 38th AGM and Shareholder E-Voting

Sep 5, 2026

Tarapur Transformers Limited operates in the electrical equipment sector, focusing on the manufacture and servicing of transformers. The company is listed on both BSE and the National Stock Exchange of India under the symbol TARAPUR, with its adminis...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 14, 2026

Tarapur Transformers Limited AI Stock Analysis