Alfa Transformers Ltd (517546)
Q2 FY27 results
📅 Next results: 27 Oct 2026 (board meeting)Alfa Transformers Ltd's board meets on 27 Oct 2026 to consider its Q2 FY27 results (July-September 2026).
In its latest reported quarter, Q1 FY27, Alfa Transformers' revenue was ₹5.6 Cr (+14.0% year on year, -42.0% on the previous quarter), and net profit ₹-0.7 Cr (a bigger loss than a year earlier); the operating margin was 0.5%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹5.6 | +14.0% | -42.0% |
| Operating profit | ₹0.0 | +177.0% | from loss |
| Net profit | ₹-0.7 | loss widened | loss narrowed |
| EPS (₹) | -0.72 | loss widened | loss narrowed |
| Operating margin | 0.5% | — | — |
📢 Recent Corporate Announcements
Promoter group entity D.K. Das & Sons HUF acquired 1,000 equity shares of Alfa Transformers Ltd on September 30, 2026. The total transaction value was Rs 37,074.21, executed in the open market under SEBI Insider Trading Regulations. Given the company's Rs 30 Cr market cap, this transaction is negligible in size and represents a microscopic change in shareholding.
- Promoter entity D.K. Das & Sons HUF acquired 1,000 shares
- Total transaction consideration stands at Rs 37,074.21
- Purchase took place on 30.09.2026
Alfa Transformers has submitted an insider trading disclosure under SEBI PIT Regulation 7(2) regarding open-market share purchases by the promoter group. Promoter member Geetishree Das purchased 3,200 equity shares on September 29, 2026, for a total consideration of Rs 1,22,178.02. Relative to the company's Rs 30 crore market cap, this purchase is negligible, representing less than 0.01% of the company's equity.
- Promoter group member Geetishree Das acquired 3,200 shares on 29.09.2026
- Total transaction value stood at Rs 1,22,178.02
- Disclosure filed under Regulation 7(2) of SEBI PIT Regulations
- Company market cap stands at Rs 30 Cr with promoter holding at 46.8%
Promoter group entities of Alfa Transformers Limited acquired a total of 7,000 equity shares via open-market transactions on September 21, 2026. Industrial Designs & Services Pvt. Ltd bought 5,000 shares for ₹1.65 lakh, increasing its holding from 4.28% to 4.33%. Managing Director Dillip Kumar Das purchased 2,000 shares for ₹66,108, slightly increasing his stake from 17.32% to 17.34%. Given Alfa Transformers' market cap of ₹30 crore and TTM revenue of ₹43 crore, the aggregate purchase value of ₹2.32 lakh is extremely small.
- Industrial Designs & Services Pvt. Ltd purchased 5,000 shares for ₹1,65,531.12 on 21.09.2026
- Managing Director Dillip Kumar Das bought 2,000 shares for ₹66,108.04 on 21.09.2026
- Total combined purchase across the promoter group is 7,000 shares valued at ₹2.32 lakh
- Dillip Kumar Das's equity holding increased from 17.32% to 17.34%
- Industrial Designs & Services Pvt. Ltd's stake rose from 4.28% to 4.33%
Alfa Transformers reported a net loss of ₹0.66 crore for the quarter ended June 30, 2026, widening from a loss of ₹0.40 crore in the same period last year. While revenue from operations grew 14% YoY to ₹5.55 crore, it saw a sharp sequential decline from ₹9.57 crore in the March 2026 quarter. The company continues to struggle with high input costs, with material consumption alone accounting for over 91% of operational revenue. Additionally, the board approved a monthly honorarium of ₹1,00,000 for Mr. J C Marathe starting August 2026.
- Revenue from operations increased 14% YoY to ₹5.55 crore compared to ₹4.87 crore in June 2025.
- Net loss for the quarter widened to ₹0.66 crore from ₹0.40 crore in the year-ago period.
- Cost of materials consumed stood at ₹5.07 crore, representing 91.3% of revenue from operations.
- Total expenses of ₹6.25 crore exceeded total income of ₹5.58 crore for the quarter.
- Basic and Diluted EPS remained negative at ₹(0.72) for the quarter.
Alfa Transformers reported a net loss of ₹0.66 Cr for the quarter ended June 30, 2026, compared to a loss of ₹0.40 Cr in the same period last year. While revenue from operations grew 15.1% YoY to ₹5.55 Cr, the company remains unprofitable at the operational level. Total expenses of ₹6.25 Cr exceeded total income, primarily driven by high material costs. Additionally, the board approved a monthly honorarium of ₹1,00,000 for Mr. J C Marathe effective August 2026.
- Revenue from operations increased 15.1% YoY to ₹5.55 Cr from ₹4.82 Cr in Q1 FY26.
- Net loss widened to ₹0.66 Cr from a loss of ₹0.40 Cr in the corresponding previous quarter.
- Cost of materials consumed stood at ₹5.08 Cr, accounting for 91.5% of revenue from operations.
- Total expenses for the quarter reached ₹6.25 Cr against a total income of ₹5.58 Cr.
- Board approved a monthly honorarium of ₹1,00,000 for Mr. J C Marathe starting August 1, 2026.
Alfa Transformers Ltd has scheduled a board meeting for August 13, 2026, to approve its standalone un-audited financial results for the quarter ended June 30, 2026. The company is currently in a challenging financial position, reporting a TTM net loss of Rs 3 Cr and a negative ROCE of -0.3%. Investors will be monitoring if the company can improve upon its June 2025 revenue base of Rs 4.87 Cr. The trading window for insiders has been closed since June 22, 2026, and will remain so until 48 hours after the results are declared.
- Board meeting scheduled for August 13, 2026, at 3:00 PM IST
- Financial results to be considered for the quarter ended June 30, 2026
- Trading window has been closed since June 22, 2026
- Company reported a net loss of Rs 1.05 Cr in the preceding quarter (March 2026)
- TTM revenue stands at Rs 42 Cr against a market cap of Rs 35 Cr
Alfa Transformers Ltd has received shareholder approval to appoint M/s. PBM & Associates as Internal Auditors for a two-year term covering FY 2026-27 and FY 2027-28. The appointment, effective from April 1, 2026, is a regulatory requirement under Section 138 of the Companies Act, 2013. This move aims to strengthen internal controls and risk management for the company, which currently operates with a thin TTM operating margin of 0.3% and a TTM revenue of Rs 42 Cr.
- Appointment of M/s. PBM & Associates (FRN: 325307E) as Internal Auditors for a 2-year period.
- The term covers the financial years 2026-27 and 2027-28, starting from the 44th AGM.
- Shareholders approved the appointment at the meeting held on July 28, 2026.
- The audit engagement is effective retrospectively from April 1, 2026.
- Company reported a TTM net loss of Rs 3 Cr against a market cap of Rs 37 Cr.
Alfa Transformers Ltd has received shareholder approval at its 44th AGM to appoint M/s. PBM & Associates as Internal Auditors. The appointment is for a two-year term covering FY 2026-27 and FY 2027-28, effective retrospectively from April 1, 2026. This is a standard regulatory compliance move under Section 138 of the Companies Act, 2013. The company currently operates with a small market cap of Rs 37 Cr and reported a TTM net loss of Rs 3 Cr.
- Appointment of M/s. PBM & Associates (FRN: 325307E) as Internal Auditors for a 2-year period.
- The term spans from the conclusion of the 44th AGM until the 46th AGM (FY 2026-27 and FY 2027-28).
- Appointment is effective from April 1, 2026, to conduct internal audits for the specified financial years.
- Company reported TTM revenue of Rs 42 Cr against a market cap of Rs 37 Cr.
- The move ensures compliance with Section 138 of the Companies Act, 2013.
Alfa Transformers has received shareholder approval for several key board positions during its meeting on July 28, 2026. Mr. Dillip Kumar Das has been re-appointed as Managing Director for one year (until July 2027), notably continuing in the role after surpassing 75 years of age. Additionally, Mr. Debasis Das (son of the MD) was re-appointed as Whole Time Director for two years. The company also inducted Mr. Jayramrao Marathe, a former utility professional, as a Director for a two-year term to strengthen the board of this ₹37 Cr market cap entity.
- Re-appointment of MD Dillip Kumar Das for a 1-year term from July 19, 2026, to July 18, 2027, post attaining 75 years of age.
- Re-appointment of Whole Time Director Debasis Das for a 2-year term effective from March 31, 2026, to March 30, 2028.
- Appointment of Mr. Jayramrao Marathe as Director for a 2-year term starting July 17, 2026.
- Re-appointment of two Independent Directors for a second term spanning July 29, 2026, to July 30, 2027.
- Company maintains leadership continuity despite a TTM PAT loss of ₹3 Cr and low OPM of 0.3%.
Alfa Transformers Ltd has received shareholder approval to appoint M/s. PBM & Associates as Internal Auditors for a two-year period. The term covers Financial Years 2026-27 and 2027-28, effective from April 1, 2026. This appointment is a mandatory compliance requirement under Section 138 of the Companies Act, 2013. Given the company's current financial position with a TTM loss of ₹3 Cr and a low operating margin of 0.3%, maintaining robust internal controls is a standard but necessary governance step.
- Appointment of M/s. PBM & Associates (FRN: 325307E) as Internal Auditors for a 2-year term.
- The audit period spans from the conclusion of the 44th AGM to the 46th AGM (FY 2026-27 and 2027-28).
- Shareholders approved the appointment at the meeting held on July 28, 2026.
- The appointment is effective retrospectively from April 1, 2026.
- Company currently operates with a TTM revenue of ₹42 Cr and a market capitalization of ₹37 Cr.
Alfa Transformers Ltd has received shareholder approval to appoint M/s Goutam & Co, Chartered Accountants, as the company's Statutory Auditors. The appointment is for a fixed term of 5 years, effective from the conclusion of the 44th Annual General Meeting (AGM) until the 49th AGM. This move follows the Board's recommendation on May 30, 2026, and is a standard regulatory requirement under the Companies Act, 2013. The company, with a market cap of ₹37 Cr, is currently navigating a loss-making period with a TTM PAT of -₹3 Cr.
- Appointment of M/s Goutam & Co (FRN: 326869E) as Statutory Auditors for a 5-year tenure.
- Shareholder approval finalized at the meeting held on July 28, 2026.
- The term spans from the conclusion of the 44th AGM to the 49th AGM.
- The appointment follows the initial Board recommendation made on May 30, 2026.
- The company reported a TTM revenue of ₹42 Cr against a market cap of ₹37 Cr.
Alfa Transformers has issued an addendum to its 44th Annual General Meeting (AGM) notice, scheduled for July 28, 2026. The board has appointed Mr. Jayramrao Marathe as an Additional Director (Non-Executive Non-Independent) effective July 17, 2026. Mr. Marathe brings over 36 years of experience, including a previous role as Joint Managing Director at Madhya Gujarat Vij Co. Ltd. (MGVCL). Shareholders will now vote on this appointment as an ordinary resolution during the upcoming meeting.
- Appointment of Mr. Jayramrao Marathe as Additional Director effective July 17, 2026
- 44th Annual General Meeting scheduled for July 28, 2026, at 12:30 PM
- Director brings over 36 years of management experience, specifically in the power utility sector
- Proposed appointment term is for 2 years, subject to shareholder approval at the AGM
- Item No. 11 added as Ordinary Business to the original AGM notice dated June 30, 2026
Alfa Transformers Ltd has appointed Mr. Jayramrao Marathe as a Non-Executive Non-Independent Director effective July 17, 2026. Mr. Marathe brings over 36 years of experience, notably having served as the Joint Managing Director of Madhya Gujarat Vij Co. Ltd. (MGVCL). The appointment is for a period of two years and is subject to shareholder approval at the upcoming General Meeting on July 28, 2026.
- Appointment of Mr. Jayramrao Marathe for a fixed term of 2 years
- Appointee brings over 36 years of experience in top management and utility sectors
- Shareholder approval for the appointment is scheduled for July 28, 2026
- The board meeting was conducted and concluded within 1 hour on July 17, 2026
Financial Performance
Financial analysis data not yet available for this company.
Operational Drivers
Operational analysis data not yet available for this company.
Strategic Growth
Strategic growth analysis not yet available for this company.
External Factors
External factors analysis not yet available for this company.
Regulatory & Governance
Regulatory analysis not yet available for this company.
Risk Analysis
Risk analysis not yet available for this company.