Indo Tech Transformers Ltd. (INDOTECH) AI Stock Analysis

• Market Cap: ₹17.73B
• Dividend Yield: N/A
• Average Volume (3M): 1.83K
• Price to Earnings (P/E): 23.0
• Beta (1Y): 1.75
• Revenue Growth: 34.48%
• EPS Growth: 40.61%
• Country: IN
• Employees: 286
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): 23.33
• Shares Outstanding: 10,620,000
• 10 Day Avg. Volume: 2,059
• 30 Day Avg. Volume: 1,826
• PEG Ratio: 1.04
• Price to Book (P/B): 8.63
• Price to Sales (P/S): 3.96
• P/FCF Ratio: 61.19
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: ₹2,025.00 ▲(20.97% Upside)

Indo Tech Transformers Ltd. demonstrates strong financial health with robust revenue and profit growth, efficient cost management, and solid cash generation. Technical indicators show a positive trend, though some bearish signals are present. The stock is moderately valued, with no dividend yield to attract income investors. Overall, the company is well-positioned for future growth, but careful monitoring of liabilities is advised.

Positive Factors

Revenue Growth

Strong revenue growth indicates expanding market reach and successful product adoption, positioning the company well for future expansion.

Cash Generation

Improved cash flow enhances the company's ability to fund operations and invest in growth opportunities, supporting long-term stability.

Profitability

Enhanced profitability through improved net profit margins reflects efficient cost management and operational effectiveness, boosting financial health.

Negative Factors

Increasing Liabilities

Rising liabilities could strain financial resources, potentially impacting cash flow and limiting the company's ability to invest in growth.

Debt Management

While leverage is currently prudent, growing liabilities may pose risks to financial stability if not managed effectively.

Market Resistance

Potential market resistance could hinder stock performance, affecting investor confidence and the company's ability to raise capital.

Indo Tech Transformers Ltd. Business Overview & Revenue Model

Company Description

Indo Tech Transformers Ltd. (INDOTECH) is a leading manufacturer and supplier of electrical transformers and related products in India. The company operates primarily in the power and energy sector, delivering high-quality solutions for various applications including power generation, transmission, and distribution. INDOTECH's core offerings include power transformers, distribution transformers, reactor transformers, and various specialized transformer designs tailored to meet the needs of its diverse clientele.

How the Company Makes Money

Indo Tech Transformers Ltd. generates revenue primarily through the manufacturing and sale of electrical transformers and related products. The company's revenue model is structured around direct sales to utility companies, industrial clients, and infrastructure projects, which represent significant key revenue streams. INDOTECH also engages in after-sales services, including maintenance and repair, which provides recurring income. Additionally, partnerships with government agencies and private sector enterprises for large-scale infrastructure projects enhance its earnings potential. The company's focus on research and development allows it to innovate and offer customized solutions, further attracting customers and boosting revenue.

Indo Tech Transformers Ltd. Financial Statement Overview

Summary

Indo Tech Transformers Ltd. presents a strong financial performance with robust revenue and profit growth, efficient cost management, and solid cash generation. The balance sheet shows a stable financial position with prudent leverage, while the cash flow statement highlights effective cash management. The company is well-positioned for future growth with its current financial health, though careful management of increasing liabilities is recommended to sustain its strong financial standing.

Income Statement

Indo Tech Transformers Ltd. demonstrates excellent revenue growth, with a strong revenue increase from 2024 to 2025. The gross profit margin is robust, indicating efficient production cost management. The net profit margin has improved significantly, reflecting enhanced profitability. EBIT and EBITDA margins are healthy, showcasing strong operational efficiency. Overall, the income statement reveals a well-managed business with growing profitability.

Balance Sheet

The company maintains a strong equity position, with a favorable debt-to-equity ratio indicating prudent use of leverage. The return on equity has improved, reflecting better profitability relative to shareholder equity. The equity ratio is solid, suggesting financial stability and a low risk of insolvency. However, a check on increasing liabilities is advisable to maintain this stability.

Cash Flow

Indo Tech Transformers Ltd. shows a significant improvement in free cash flow, with strong growth in free cash flow from 2024 to 2025. The operating cash flow to net income ratio is healthy, indicating efficient cash generation relative to reported net income. Free cash flow to net income ratio suggests effective conversion of earnings into cash. The cash flow statement reflects a strong ability to generate cash, which supports ongoing operations and potential growth investments.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.94B	6.12B	5.04B	3.71B	2.80B	2.05B
Gross Profit	1.82B	1.66B	1.46B	983.17M	751.90M	610.90M
EBITDA	1.09B	915.11M	649.55M	323.26M	182.21M	113.10M
Net Income	771.40M	638.80M	468.60M	257.02M	121.89M	62.86M
Balance Sheet
Total Assets	0.00	4.36B	3.82B	3.01B	2.38B	1.87B
Cash, Cash Equivalents and Short-Term Investments	930.88M	938.40M	575.40M	433.90M	425.03M	94.13M
Total Debt	0.00	81.60M	49.95M	113.35M	5.59M	0.00
Total Liabilities	-2.81B	1.55B	1.65B	1.30B	932.50M	533.67M
Stockholders Equity	2.81B	2.81B	2.17B	1.71B	1.45B	1.33B
Cash Flow
Free Cash Flow	0.00	396.10M	236.47M	-115.54M	183.60M	72.27M
Operating Cash Flow	0.00	557.50M	317.67M	-39.42M	216.94M	78.26M
Investing Cash Flow	0.00	-181.50M	-115.95M	-147.47M	-87.28M	-25.88M
Financing Cash Flow	0.00	14.30M	-80.90M	93.69M	-1.11M	-1.53M

Indo Tech Transformers Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1674.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INDOTECH, the sentiment is Negative. The current price of 1674 is below the 20-day moving average (MA) of 1700.48, below the 50-day MA of 1730.87, and below the 200-day MA of 1982.68, indicating a bearish trend. The MACD of -6.02 indicates Positive momentum. The RSI at 47.15 is Neutral, neither overbought nor oversold. The STOCH value of 16.35 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:INDOTECH.

Indo Tech Transformers Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INDOTECH	74 Outperform	₹17.73B	22.98	―	―	34.48%	40.61%
VOLTAMP	73 Outperform	₹74.52B	22.89	―	1.26%	15.87%	-4.28%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
HIRECT	58 Neutral	₹31.89B	74.14	―	0.13%	35.05%	99.65%
TARIL	56 Neutral	₹125.78B	48.10	―	0.07%	33.60%	100.44%
KECL	49 Neutral	₹7.08B	99.48	―	―	-11.25%	-48.96%

Indo Tech Transformers Ltd. Corporate Events

Indo Tech Transformers Ltd. Updates on Injunction Order Status

Indo Tech Transformers Ltd. has announced that the ad-interim injunction order previously granted by the court has been vacated as of October 13, 2025, following the disposal of an interlocutory application. The original suit for a permanent injunction will continue, but the company’s factory operations remain unaffected and continue as normal.