Penny Stock Surges: ₹3 to ₹317 in Six Years Generates 10,500% Return

Transformers and Rectifiers (India) Emerges as Multibagger Penny Stock

Investing in the stock market is a high-risk endeavor, especially when global tensions are at their peak. In such a scenario, investors must conduct thorough research to identify potential opportunities. One stock that has consistently outperformed and rewarded investors with multibagger returns is Transformers and Rectifiers (India).

The share price of Transformers and Rectifiers (India) has experienced a remarkable surge, rising from ₹3 in April 2020 to ₹317 on the NSE. On Thursday, the stock price increased by as much as 2.62% to ₹317.75. While the stock has been volatile in the near term, with a 18% rise in a month and a 3.22% year-to-date (YTD) growth, it has also descended 43.27% in a year.

However, the stock has delivered impressive multibagger returns, with a 871% growth in three years and a staggering 3,519.59% growth in five years. To put this into perspective, an investment of ₹1 lakh made in the stock six years ago and held over time would have surged to around ₹1.05 crore.

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Transformers and Rectifiers (India) has also delivered a strong financial performance in FY26, with revenue from operations rising by approximately 23% year-over-year (YoY) to ₹2,395 crore. The company's profitability also remained healthy during the year, with EBITDA increasing by around 17% YoY to nearly ₹370 crore. Profit after tax (PAT) grew about 20% YoY to ₹225 crore, driven by operating leverage, cost optimisation, and enhanced execution efficiencies.

The company's operational momentum remained strong during the year, with order inflows of approximately ₹2,374 crore in FY26, including ₹244 crore in Q4. The unexecuted order book stood at around ₹5,005 crore as of March 31, 2026, providing strong visibility for future revenues.

The company's management has expressed confidence in its future prospects, citing the strong order inflows and healthy order book as a clear visibility for future revenues. The company remains focused on improving efficiencies, strengthening margins, and delivering long-term value.

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