As of 6 Nov 2026, Alfa Transformers is loss-making on a trailing 12-month basis, so it has no P/E ratio. The share price is ₹48.08, 16% below its 52-week high. Sales grew 3.1% a year over 3 years. Debt is 0.59× equity. It is a small-cap company with a market cap of ₹44 Cr, ranked 127th of 138 Specialty Industrial Machinery companies by market cap; the shares fell 6.0% over the past year.
- ₹49.40
- ₹50.82
- ₹47.50
- ₹49.31
- 16.8K
Health check
- ReturnsBehind
−6.0% over a year, better than 1 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthUnder pressure
Sales +3.1% a year over 3 years, but loss-making now.
- ProfitabilityNegative
ROCE -1.4% vs peer median 24.8%.
- Balance sheetStretched
Debt 0.59× equity, operating profit doesn’t cover interest, Piotroski 3 of 9.
- Red flags3 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹44 Cr
- Small cap
- P/E
- n/a
- Industry 33.8
- Price to book
- 1.87
- Peers 9.16
- Dividend yield
- 0.00%
- ROE
- 6.2%
- Peers 19.1%
- ROCE
- −1.4%
- Peers 24.8%
- Debt to equity
- 0.59
- Debt ₹14 Cr
- EPS (TTM)
- −₹2.06
- OPM (TTM)
- 0.4%
- Net margin 2.9%
- Sales growth
- +14.0%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.89
- EV/EBITDA 17.7
Strengths and risks
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at 6.2%.
- Interest coverage of only 0.1×.
About Alfa Transformers
Alfa Transformers Limited engages in the manufacture and repair of power and distribution transformers primarily in India. The company offers power transformers from medium to ultra-high voltage (1200 kV AC) and from small (5 MVA) to large power ratings (50 MVA); manufactures customized distributions transformers, 4- or 5-star energy transformers and station transformers that are used in residential, power utilities, industrial, commercial, and the…
- Headquarters
- Bhubaneswar
- Employees
- 117
- Sector
- Industrials
- ISIN
- INE209C01015
- Website
- alfa.in
Price range
- Avg volume (3M)
- 30.5K
- 1-year return
- minus 6.0%
- From 52-week high
- minus 16.4%
Peers · Specialty Industrial Machinery
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BHELBharat Heavy Electricals | 418.80 | plus 0.17% | 1,45,829 | 50.6 | 74.6 | 6.6% | 10.1% | 0.22 | 13.5% | plus 56.4% |
| ABBABB India | 6,774.00 | plus 2.20% | 1,43,547 | 92.3 | 68.2 | 28.5% | 13.8% | 0.02 | 15.4% | plus 26.4% |
| SIEMENSSiemens | 3,560.00 | plus 3.73% | 1,26,779 | 86.1 | 59.3 | 16.5% | 10.4% | 0.02 | 3.0% | plus 10.0% |
| CUMMINSINDCummins India | 4,048.80 | minus 0.25% | 1,12,233 | 49.8 | 41.7 | 35.0% | 19.1% | 0.00 | 16.1% | minus 6.0% |
| GVT&DGE Vernova T&D India | 4,018.00 | minus 3.06% | 1,02,879 | 71.3 | 56.6 | 58.5% | 26.5% | 0.01 | 31.1% | plus 31.7% |
| SUZLONSuzlon Energy | 38.80 | plus 0.54% | 53,337 | 23.7 | 17.3 | 24.8% | 16.7% | 0.07 | 41.4% | minus 35.7% |
| AIAENGAIA Engineering | 3,113.60 | minus 2.77% | 29,056 | 23.5 | 19.6 | 19.9% | 27.4% | 0.00 | −3.4% | minus 3.9% |
| ALFATRANAlfa Transformers | 48.08 | minus 2.49% | 44 | – | 397.4 | −1.4% | 0.4% | 0.59 | 3.1% | minus 6.0% |
| Median of 7 peers | – | 0.17% | 1,12,233 | 50.6 | 56.6 | 24.8% | 16.7% | 0.02 | 15.4% | 10.0% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 4.9 | 5.7 | 11.4 | 9.9 | 5.6 | |
| 4.9 | 5.7 | 10.1 | 11 | 5.5 | |
| 0 | 0 | 1.2 | −1.2 | 0 | |
| 0.1% | 0.1% | 10.9% | −11.7% | 0.5% | |
| 0.1 | 0.1 | 0.5 | −0.1 | 0 | |
| 0.4 | 0.4 | 0.4 | 0.1 | 0.4 | |
| 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | |
| −0.5 | −0.7 | 1 | −1.6 | −0.7 | |
| 24.7% | 12.5% | 59.0% | 33.0% | 1.8% | |
| −0.4 | −0.6 | 0.4 | −1 | −0.7 | |
| -0.44 | -0.63 | 0.45 | – | -0.72 |
Profit & loss
- Sales CAGR 3Y
- +3.1%
- ROE
- 6.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 29 | 50.9 | 50.2 | 31.9 | |
| – | +75.2% | minus 1.3% | minus 36.5% | |
| 26.1 | 47.1 | 46 | 31.7 | |
| 3 | 3.8 | 4.2 | 0.1 | |
| 10.3% | 7.4% | 8.4% | 0.4% | |
| 0.1 | 0.3 | 0.3 | 0.6 | |
| 0.9 | 1.2 | 1.4 | 1.3 | |
| 1 | 1.1 | 1.1 | 1.1 | |
| −0.4 | −0.2 | −0 | – | |
| 0.7 | 1.6 | 1.9 | −1.7 | |
| −38.6% | −364.5% | 48.2% | 8.1% | |
| 1 | 7.6 | 1 | −1.6 | |
| – | +652.5% | minus 86.8% | minus 257.8% | |
| 1.11 | 8.22 | 1.11 | -1.75 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.2 | 9.2 | 9.2 | 9.2 | |
| 5.3 | 12.9 | 13.9 | 12.3 | |
| 7.8 | 9.3 | 9.4 | 11.8 | |
| 13.9 | 8.7 | 7.3 | 8.4 | |
| 36.1 | 40.1 | 39.7 | 41.6 | |
| 21.8 | 21 | 20.9 | 21.6 | |
| – | 0.2 | 0.8 | – | |
| 0 | 2.9 | 2.9 | 3.3 | |
| 14.3 | 16 | 15 | 16.7 | |
| 36.1 | 40.1 | 39.7 | 41.6 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −2.3 | −0.1 | −0.1 | 0.9 | |
| −0.6 | 0 | −0.7 | −1.8 | |
| 2.8 | 0 | 0.9 | 0.9 | |
| 0 | 0 | −0 | −0 | |
| −0.1 | −0.3 | −1 | −1.7 | |
| −2.4 | −0.4 | −1.1 | −0.9 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.