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Indo Tech Transformers Ltd. is engaged in the business of manufacturing power and distribution transformers and various special application transformers, mobile substation transformers and substations.
Indo-Tech Transformers' board approved financial results: Q-revenue 118.79 Cr, profit 15.86 Cr, EPS Rs. 14.77. They proposed a Rs. 10/share final dividend and cleared an ESOP plan. Also seeking shareholder nod for higher borrowing & security creation limits.
INDOTECH expanded its product portfolio to 400 kV transformers with NTPC approval and an order for two 90 MVA units. This strategic move from 220 kV strengthens its competitive position, enabling access to higher-value EHV utility, renewable, and BESS projects.
INDOTECH has approved a total INR 495 Cr CAPEX to expand transformer manufacturing capacity to 50,000 MVA by March 2029. This major investment, funded by internal accruals and borrowings, aims to meet market demand and strengthen its position.
Indo Tech Transformers posted robust financial results for the quarter and year ended March. Annual revenue from operations hit ₹782.08 Cr (up from ₹611.78 Cr). PAT for the year rose to ₹92.77 Cr (up from ₹63.88 Cr). Q4 revenue was ₹238.99 Cr, with PAT at ₹23.92 Cr.
Indo-Tech Transformers clarified a previous Board meeting outcome. The Stakeholder Relationship Committee was re-constituted, appointing Mr. Sudheer Vennam as Chairperson, replacing Mr. Sharat Chandra Kolla. This governance update details a leadership change.