On 6 Nov 2026, Raksan Transformers was priced at ₹232.80, or 14.5× trailing earnings, against an industry P/E of 30.0×, and the shares are 22% below their 52-week high. Its ROCE of 53% is the highest among the 7 largest Electrical Equipment & Parts peers, and sales and net profit grew 71% and 113% a year over 3 years. It is listed on an SME platform with a market cap of ₹486 Cr, ranked 56th of 97 Electrical Equipment & Parts companies by market cap; the shares fell 19% over the past year.
- ₹237.75
- ₹237.75
- ₹231.05
- ₹238.25
- 18.4K
Health check
- ReturnsBehind
−18.8% over a year, better than 1 of 7 peers.
- Price tagCheaper
P/E 14.5 vs industry 30.0.
- GrowthStrong
Sales +71.5%, profit +113.2% a year over 3 years.
- ProfitabilityStrong
ROCE 53.0% vs peer median 22.1%.
- Balance sheetFair
Piotroski 7 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹486 Cr
- Small cap
- P/E
- 14.5
- Industry 30.0
- Price to book
- 4.94
- Peers 7.24
- Dividend yield
- 0.00%
- ROE
- 54.6%
- Peers 18.0%
- ROCE
- 53.0%
- Peers 22.1%
- Debt to equity
- n/a
- EPS (TTM)
- ₹16.08
- OPM (TTM)
- 12.6%
- Net margin 9.2%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 1.34
Strengths and risks
Strengths
- Return on equity of 54.6%.
- Return on capital employed of 53.0%.
- P/E of 14.5 against an industry P/E of 30.0.
- Positive operating cash flow in each of the last 4 years.
About Raksan Transformers
Raksan Transformers Limited manufactures power and distribution transformers. The company offers power transformer, distribution transformers, special purpose transformers, renewable energy transformers, and compact substations. It serves power and energy, manufacturing and industrial, oil and gas, railway, telecommunications, healthcare, data centers, renewable energy, and mining industries. The company was incorporated in 1995 and is headquartered in…
- Headquarters
- Sonepat
- Employees
- 143
- Sector
- Industrials
- ISIN
- INE1S7M01017
- Website
- raksantransformers.com
Price range
- Avg volume (3M)
- 1.9 L
- 1-year return
- minus 18.8%
- From 52-week high
- minus 22.1%
Peers · Electrical Equipment & Parts
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| POWERINDIAHitachi Energy India | 27,800.00 | minus 1.42% | 1,23,911 | 107.7 | 95.3 | 24.9% | 16.1% | 0.02 | 22.2% | plus 37.9% |
| CGPOWERCG Power and Industrial Solutions | 773.00 | minus 4.43% | 1,21,785 | 88.6 | 72.5 | 19.3% | 13.1% | 0.02 | 21.2% | plus 8.2% |
| POLYCABPolycab India | 7,871.00 | plus 0.28% | 1,18,613 | 37.5 | 29.0 | 30.4% | 13.6% | 0.02 | 26.6% | plus 3.8% |
| HAVELLSHavells India | 1,128.00 | plus 5.61% | 70,789 | 42.6 | 30.0 | 22.1% | 9.1% | 0.02 | 9.9% | minus 28.1% |
| APARINDSApar Industries | 14,106.00 | minus 9.65% | 59,065 | 41.6 | 30.7 | 26.7% | 9.5% | 0.12 | 17.0% | plus 87.2% |
| KEIKEI Industries | 3,988.00 | minus 1.80% | 38,143 | 36.1 | 29.9 | 18.7% | 11.0% | 0.04 | 19.1% | plus 1.8% |
| HONAUTHoneywell Automation India | 30,080.00 | minus 0.79% | 26,613 | 47.0 | 35.7 | 15.7% | 13.8% | 0.02 | 10.9% | minus 17.5% |
| RAKSANRaksan Transformers | 232.80 | minus 2.29% | 486 | 14.5 | 10.7 | 53.0% | 12.6% | – | 71.5% | minus 18.8% |
| Median of 7 peers | – | −1.42% | 70,789 | 42.6 | 30.7 | 22.1% | 13.1% | 0.02 | 19.1% | 3.8% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +71.5%
- Profit CAGR 3Y
- +113.2%
- ROE
- 54.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 71.8 | 160 | 323 | 362 | |
| – | +123.2% | +101.3% | +12.3% | |
| 65.2 | 149 | 293 | 315 | |
| 6.6 | 11.1 | 30.1 | 47.2 | |
| 9.2% | 6.9% | 9.3% | 13.0% | |
| −0.7 | −0.1 | 0.3 | 0.1 | |
| 0.9 | 1.1 | 1.6 | 0.7 | |
| 0.2 | 0.4 | 1 | 1.4 | |
| 0.2 | 0.9 | −0 | −0 | |
| 5 | 10.4 | 27.7 | 45.2 | |
| 30.0% | 27.0% | 26.6% | 25.6% | |
| 3.5 | 7.6 | 20.4 | 33.6 | |
| – | +119.0% | +168.5% | +64.9% | |
| 1.66 | 3.63 | 9.75 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.9 | 0.9 | 0.9 | 16.5 | |
| 15.6 | 22.8 | 43.2 | 60.9 | |
| 5.7 | 9.8 | 23.5 | 20.7 | |
| 19.9 | 33.5 | 50.3 | 57.4 | |
| 42 | 67 | 118 | 156 | |
| 2.3 | 12.7 | 35.3 | 46.5 | |
| – | 4 | 2.7 | 5.9 | |
| 0.1 | 8.8 | 8.2 | 6.1 | |
| 1.1 | 4.6 | 0.2 | 0.2 | |
| 38.5 | 36.9 | 71.6 | 96.8 | |
| 42 | 67 | 118 | 156 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5.6 | 7.4 | 5.4 | 14.9 | |
| −0.3 | −7.4 | −22.6 | −11.2 | |
| −7 | 3.6 | 12.8 | −3.7 | |
| −1.7 | 3.6 | −4.4 | 0 | |
| −0.3 | −2.5 | −27.6 | −11.3 | |
| 5.3 | 4.9 | −22.3 | 3.6 | |
| – | – | – | −0.3 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders. Institutions hold about 1.7% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.