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Transformer Manufacturers · India

Transformer Manufacturers in India

₹6,818 crore of revenue reported in the latest year (mostly FY25) by the 35 of India's 396 transformer manufacturers with accounts on file. The ten largest produce 90% of it; the typical filer earns ₹38.6 crore.

Active companies
396
transformer manufacturers on the register
Reported revenue
₹6,818 crore
35 companies with accounts
Profitable
94%
of filers · India 94%
Secured loans
53.3%
of companies have one on record

What stands out about India's transformer manufacturers

01
Revenue
₹6,818 crore

of revenue reported in the latest year (mostly FY25) by the 35 of India's 396 transformer manufacturers with accounts on file. The ten largest produce 90% of it; the typical filer earns ₹38.6 crore.

02
Profitability
94%

of filers reported a profit (India, same segment: 94%); the median net margin is 3.1% against 3.1% nationally.

03
Growth
+9%

median revenue growth across 35 companies with two consecutive years on file (India: +9%); 5 grew by more than half and 9 shrank. Only companies still filing are counted.

04
Labour cost
5%

of revenue goes on employee cost for the median filer (5% nationally), about the same labour intensity as across India.

05
Funding
9

transformer manufacturers in India have outside funding on record at Fliar Radar (investment, incubator or grant support). Most frequent backers: Nalanda Capital (1), Samena Capital (1), Exim Banka Slovakia (1).

06
Lending
53.3%

of India transformer manufacturers have a secured loan on record (India: 53.4%). Most frequent lenders: State Bank Of India (65), HDFC Bank (30), Bank Of Baroda (27). Open borrowings against company assets total ₹5,576 crore.

07
Where the money is
58%

of reported revenue comes from Gujarat, which holds 6% of India's transformer manufacturers.

Cities with the most transformer manufacturers

Companies by the city or district of their registered address.

CityCompaniesShareReported revenueShare of revenue
Maharashtra8421.2%₹116 crore2%
Uttar Pradesh379.3%₹18.3 crore0%
Delhi348.6%₹431 crore6%
Rajasthan338.3%₹210 crore3%
Telangana307.6%₹293 crore4%
Madhya Pradesh287.1%₹587 crore9%
Tamil Nadu256.3%₹714 crore10%
Gujarat235.8%₹3,968 crore58%
Karnataka225.6%₹235 crore3%
West Bengal174.3%₹32.2 crore0%

Transformer Manufacturers in India by size

From the latest accounts each company has filed, split by annual revenue. Growth compares with the year before; net margin is profit after tax over revenue.

Bigger companies

₹100 crore+ revenue · 10 transformer manufacturers
01 · FY25 accounts · Gujarat

Transformers And Rectifiers (india) Limited

Transformers & Rectifiers

Manufacturer of transformers and rectifier. The capability to develop world class power, distribution, furnace and specialty transformers is credited to the creation of a world class infrastructure at three plants, one of the leading industrialized cities.

Transformers And Rectifiers (india) Limited is a public company incorporated in 1994, with its registered office in Gujarat, India, classified under medical & precision instruments. In FY25 it reported revenue of ₹1,950 crore, up 53% on the year before, with a net margin of 9.6%.

  • Revenue (FY25)₹1,950 crore
  • Growth vs prior year+53%
  • Net margin9.6%
  • Net worth₹1,210 crore
  • Paid-up capital₹13.3 crore
  • AreaGujarat
  • Incorporated1994 · Public company
  • BackingCorporate · Post IPO 2023
  • Secured loans13 open
  • Key peopleJitendra Mamtora (Co-Founder & Chairman); Karuna Mamtora (Co-Founder)
  • OffersAuto Transformers, Rectifiers, Solar Inverter Transformers, EAF Transformers
Founders & leadershipJKSJitendra Mamtora, Karuna Mamtora, Satyen Mamtora3 people
JM
Jitendra Mamtora
Co-Founder & Chairman
    KM
    Karuna Mamtora
    Co-Founder
      SM
      Satyen Mamtora
      Co-Founder & Managing Director
        ProductsSeries Reactor Transformer, Shunt Reactors . +35 products
        Product 01 / 05

        Series Reactor Transformer

        • Price₹4.5 lakh
        • Range5 products listed by Transformers & Rectifiers
        Series Reactor Transformer
        Product 02 / 05

        Shunt Reactors .

        • Price₹5 lakh
        • Range5 products listed by Transformers & Rectifiers
        Shunt Reactors .
        Product 03 / 05

        Power Reactors, Series

        • Price₹4.5 lakh per piece
        • Range5 products listed by Transformers & Rectifiers
        Power Reactors, Series
        Product 04 / 05

        Power Distribution Transformer

        • Price₹4.5 lakh per piece
        • Range5 products listed by Transformers & Rectifiers
        Power Distribution Transformer
        Product 05 / 05

        Furnace Transformers transformer

        • Price₹3 lakh per piece
        • Range5 products listed by Transformers & Rectifiers
        Furnace Transformers transformer
        1 / 5
        02 · FY25 accounts · Gujarat

        Voltamp Transformers Limited

        Manufacturer of oil-filled, cast resin, and induction furnace transformers. They also produce unitised substations and offer switchgear and associated services. The company designs and manufactures power and distribution transformers, including dry-type and cast resin varieties. A service business unit focuses on optimizing the lifespan and reliability of transformer assets for clients.

        Voltamp Transformers Limited is a public company incorporated in 1967, with its registered office in Gujarat, India, classified under electrical machinery. In FY25 it reported revenue of ₹1,934 crore, up 20% on the year before, with a net margin of 16.8%.

        • Revenue (FY25)₹1,934 crore
        • Growth vs prior year+20%
        • Net margin16.8%
        • Net worth₹1,588 crore
        • Paid-up capital₹10.1 crore
        • AreaGujarat
        • Incorporated1967 · Public company
        • BackingCorporate
        • Secured loans2 open
        Directors on recordKunjal Lalitkumar Patel, Vallabh Nanjibhai Madhani, Kanubhai Shakarabhai Patel6 directors
        • Kunjal Lalitkumar PatelManaging Director · since 1994
        • Vallabh Nanjibhai MadhaniWholetime Director · since 2008
        • Kanubhai Shakarabhai PatelManaging Director · since 2010
        • Neelaben Arvindbhai ShelatDirector · since 2015
        • Hemant Pravinchandra ShapariaDirector · since 2015
        • Ashish Surendrabhai PatelDirector · since 2018
        ProductsOil Filled Transformers, Cast Resin Transformers +46 products
        Product 01 / 06

        Oil Filled Transformers

        • PriceOn request
        • Range23 products listed by Voltamp Transformers
        Oil Filled Transformers
        Product 02 / 06

        Cast Resin Transformers

        • PriceOn request
        • Range23 products listed by Voltamp Transformers
        Cast Resin Transformers
        Product 03 / 06

        Unitised Sub-Station

        • PriceOn request
        • Range23 products listed by Voltamp Transformers
        Unitised Sub-Station
        Product 04 / 06

        Induction Furnace Transformers

        • PriceOn request
        • Range23 products listed by Voltamp Transformers
        Induction Furnace Transformers
        Product 05 / 06

        Lighting Transformers

        • PriceOn request
        • Range23 products listed by Voltamp Transformers
        Lighting Transformers
        Product 06 / 06

        Manufacturing Process Core

        • PriceOn request
        • Range23 products listed by Voltamp Transformers
        1 / 6
        03 · FY25 accounts · Tamil Nadu

        Indo-tech Transformers Limited

        Manufacturer of transformers

        Indo-tech Transformers Limited is a public company incorporated in 1992, with its registered office in Tamil Nadu, India, classified under machinery & equipment. In FY25 it reported revenue of ₹612 crore, up 22% on the year before, with a net margin of 10.4%.

        • Revenue (FY25)₹612 crore
        • Growth vs prior year+22%
        • Net margin10.4%
        • Net worth₹281 crore
        • Paid-up capital₹10.6 crore
        • AreaTamil Nadu
        • Incorporated1992 · Public company
        • Brand founded2004
        • BackingCorporate-Backed
        • Secured loans3 open
        Directors on recordAjay Kumar Dhagat, Shridhar Gokhale, Sutanu Behuria6 directors
        • Ajay Kumar DhagatDirector · since 2012
        • Shridhar GokhaleWholetime Director · since 2019
        • Sutanu BehuriaDirector · since 2020
        • Sharat Chandra KollaDirector · since 2020
        • Visweswara Reddy NarreddyDirector · since 2020
        • Leena Mukundh SathyanarayananAdditional Director · since 2020
        ProductsDistribution Transformer, Power Transformer +46 products
        Product 01 / 06

        Distribution Transformer

        • CategoryPower Transformers
        • PriceOn request
        • Range15 products listed by Indo Tech Transformers
        Distribution Transformer
        Product 02 / 06

        Power Transformer

        • CategoryPower Transformers
        • PriceOn request
        • Range15 products listed by Indo Tech Transformers
        Power Transformer
        Product 03 / 06

        Large Power Transformer

        • CategoryPower Transformers
        • PriceOn request
        • Range15 products listed by Indo Tech Transformers
        Large Power Transformer
        Product 04 / 06

        Special Transformer

        • CategoryPower Transformers
        • PriceOn request
        • Range15 products listed by Indo Tech Transformers
        Special Transformer
        Product 05 / 06

        Power Transformers Service

        • CategoryUnitized Substation
        • PriceOn request
        • Range15 products listed by Indo Tech Transformers
        Power Transformers Service
        Product 06 / 06

        OVDT Transformer

        • CategoryPower Transformers
        • PriceOn request
        • Range15 products listed by Indo Tech Transformers
        1 / 6
        04 · FY25 accounts · Delhi

        Modern Transformers Private Limited

        Moderntransformers

        Retailer of Makita power tools and accessories. This company offers a wide selection of power tools, including drills, impact drivers, saws, grinders, and more, along with a comprehensive range of accessories. The product catalog covers various applications, such as drilling, cutting, grinding, and sanding, catering to both professional contractors and DIY enthusiasts. They also provide batteries and chargers for cordless tools. The business model focuses on direct sales through its online store and potentially physical locations.

        Modern Transformers Private Limited is a private company incorporated in 1989, with its registered office in Delhi, India, classified under business services (consulting, advertising, staffing). Its latest accounts on file are for FY25; revenue, growth and margin are locked below.

        • Revenue (FY25)
        • Growth vs prior year
        • Net margin
        • Net worth
        • Paid-up capital
        • AreaDelhi
        • Incorporated1989 · Private company
        • Brand founded2011
        • Secured loans4 open
        • OffersDistribution Transformers, Power Transformer, CRGO Lamination Sheet, Three Phase Electronic Energy Meter
        Directors on recordChanchal Rani, Ankit Agarwal, Dinesh Kumar4 directors
        • Chanchal RaniDirector · since 1998
        • Ankit AgarwalDirector · since 2002
        • Dinesh KumarDirector · since 2005
        • Anubhav AggarwalAdditional Director · since 2021
        ProductsSingle Phase Electronic…, Three Phase Electronic… +35 products
        Product 01 / 05

        Single Phase Electronic Energy Meter

        • CategoryPower Transformers
        • PriceOn request
        • Range5 products listed by Moderntransformers
        Single Phase Electronic Energy Meter
        Product 02 / 05

        Three Phase Electronic Energy Meter

        • CategoryPower Transformers
        • PriceOn request
        • Range5 products listed by Moderntransformers
        Three Phase Electronic Energy Meter
        Product 03 / 05

        Pressed Steel Radiator

        • CategoryPower Transformers
        • PriceOn request
        • Range5 products listed by Moderntransformers
        Pressed Steel Radiator
        Product 04 / 05

        Wound Core Distribution Transformer

        • CategoryPower Transformers
        • PriceOn request
        • Range5 products listed by Moderntransformers
        Wound Core Distribution Transformer
        Product 05 / 05

        Transformer Pressed Steel Radiator

        • CategoryPower Transformers
        • PriceOn request
        • Range5 products listed by Moderntransformers
        Transformer Pressed Steel Radiator
        1 / 5
        05 · FY25 accounts · Madhya Pradesh

        Tesla Transformers (india) Limited

        Tesla Transformers (india) Limited is a public company incorporated in 2017, with its registered office in Madhya Pradesh, India, classified under electrical machinery. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.

        • Revenue (FY25)
        • Growth vs prior year
        • Net margin
        • Net worth
        • Paid-up capital
        • AreaMadhya Pradesh
        • Incorporated2017 · Public company
        • Secured loans2 open
        Directors on recordJaideep Jain, Ritu Jain, Sarla Binzzani5 directors
        • Jaideep JainDirector · since 2017
        • Ritu JainDirector · since 2017
        • Sarla BinzzaniDirector · since 2019
        • Vishwas GhusheDirector · since 2019
        • Veena JainAdditional Director · since 2020
        06 · FY25 accounts · Telangana

        Esennar Transformers Private Limited

        Manufacturer of power and distribution transformers

        Esennar Transformers Private Limited is a private company incorporated in 2000, with its registered office in Telangana, India, classified under electricity, gas & power. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.

        • Revenue (FY25)
        • Growth vs prior year
        • Net margin
        • Net worth
        • Paid-up capital
        • AreaTelangana
        • Incorporated2000 · Private company
        • Secured loans2 open
        • Key peopleArumalla Sridhar Reddy (Managing Director)
        • OffersHermetically Sealed Type Oil Cooled…, Cast Resin Transformer For Outdoor…, Technically Honest Transformers, Compact / Packaged / Unitised Substation
        Founders & leadershipAArumalla Sridhar Reddy1 person
        AS
        Arumalla Sridhar Reddy
        Managing Director
        LinkedIn profile ↗
        • ProfileEsennar Transformers Hyderabad
        ProductsEsennar IP00 Cast Resin…, Esennar 31500 Kva Core Coil… +46 products
        Product 01 / 06

        Esennar IP00 Cast Resin Transformer

        • CategoryThree Phase Distribution Transformers
        • PriceOn request
        • Range14 products listed by Esennar Transformers
        Esennar IP00 Cast Resin Transformer
        Product 02 / 06

        Esennar 31500 Kva Core Coil Assembly

        • CategoryThree Phase Distribution Transformers
        • PriceOn request
        • Range14 products listed by Esennar Transformers
        Esennar 31500 Kva Core Coil Assembly
        Product 03 / 06

        Esennar 1000KVA Power & Distribution Transformer

        • CategoryThree Phase Distribution Transformers
        • PriceOn request
        • Range14 products listed by Esennar Transformers
        Esennar 1000KVA Power & Distribution Transformer
        Product 04 / 06

        Esennar 33KV Solar Inverter Duty Transformer

        • CategoryThree Phase Distribution Transformers
        • PriceOn request
        • Range14 products listed by Esennar Transformers
        Esennar 33KV Solar Inverter Duty Transformer
        Product 05 / 06

        Esennar Compact And Packaged And Unitized Substations

        • CategoryThree Phase Distribution Transformers
        • PriceOn request
        • Range14 products listed by Esennar Transformers
        Esennar Compact And Packaged And Unitized Substations
        Product 06 / 06

        Cast Resin Transformer

        • PriceOn request
        • Range14 products listed by Esennar Transformers
        Cast Resin Transformer
        1 / 6
        Financials locked for 7 of 10 bigger transformer manufacturersRevenue, growth, margin and net worth for every one of them are in Fliar Radar.
        Unlock in Radar

        Mid-size companies

        ₹10–100 crore · 19 transformer manufacturers
        01 · FY25 accounts · Rajasthan

        Oswal Transformers Private Limited

        Oswal Transformers Private Limited established in April 1992 is one of the largest transformer manufacturers in India with the longest history, the largest scale and the most advanced technology. After more than 21 years development, the group with the ability to design and manufacture transformers of the highest voltage level, the largest capacity and DC converter transformers has become the international base for the manufacturing, researching, developing and exporting various types of transformers.

        Oswal Transformers Private Limited is a private company incorporated in 2003, with its registered office in Rajasthan, India, classified under electrical machinery. In FY25 it reported revenue of ₹69.4 crore, up 5% on the year before, with a net margin of 2.7%.

        • Revenue (FY25)₹69.4 crore
        • Growth vs prior year+5%
        • Net margin2.7%
        • Net worth₹6.1 crore
        • Paid-up capital₹1.4 crore
        • AreaRajasthan
        • Incorporated2003 · Private company
        • Secured loans1 open
        • OffersThree Phase Transformer, Oil Cooled Transformers, Step Up Transformers, Step Down Transformers
        Directors on recordMoti Lal Choraria, Alok Tater, Rajendra Kumar Sharma3 directors
        • Moti Lal ChorariaDirector · since 2003
        • Alok TaterDirector · since 2013
        • Rajendra Kumar SharmaDirector · since 2015
        ProductsThree Phase Transformer, Oil Cooled Transformers +35 products
        Product 01 / 05

        Three Phase Transformer

        • CategoryTransformers
        • PriceOn request
        • Range5 products listed by Oswal Transformers
        Three Phase Transformer
        Product 02 / 05

        Oil Cooled Transformers

        • CategoryTransformers
        • PriceOn request
        • Range5 products listed by Oswal Transformers
        Oil Cooled Transformers
        Product 03 / 05

        Step Up Transformers

        • CategoryTransformers
        • PriceOn request
        • Range5 products listed by Oswal Transformers
        Step Up Transformers
        Product 04 / 05

        Step Down Transformers

        • CategoryTransformers
        • PriceOn request
        • Range5 products listed by Oswal Transformers
        Step Down Transformers
        Product 05 / 05

        Air Cooled Transformers

        • CategoryTransformers
        • PriceOn request
        • Range5 products listed by Oswal Transformers
        Air Cooled Transformers
        1 / 5
        02 · FY25 accounts · Tamil Nadu

        Sps Transformers Private Limited

        Manufacturer of transformers

        Sps Transformers Private Limited is a private company incorporated in 2014, with its registered office in Tamil Nadu, India, classified under electricity, gas & power. In FY25 it reported revenue of ₹54.1 crore, down 4% on the year before, with a net margin of 13.5%.

        • Revenue (FY25)₹54.1 crore
        • Growth vs prior year−4%
        • Net margin13.5%
        • Net worth₹27 crore
        • Paid-up capital₹4.5 crore
        • AreaTamil Nadu
        • Incorporated2014 · Private company
        • Secured loans1 open
        • Key peopleVenkatesan C (Owner); Peruvamba Shekar (Managing Director)
        • OffersOil Cooled Power and Distribution…, Product B, Product C, Product D
        Founders & leadershipVPVenkatesan C, Peruvamba Shekar2 people
        VC
        Venkatesan C
        Owner
          PS
          Peruvamba Shekar
          Managing Director
            ProductsS P S Transformer, Creadentials +46 products
            Product 01 / 06

            S P S Transformer

            • CategoryPower Transformers
            • PriceOn request
            • Range9 products listed by SPS Transformers
            S P S Transformer
            Product 02 / 06

            Creadentials

            • CategoryPower Transformers
            • PriceOn request
            • Range9 products listed by SPS Transformers
            Creadentials
            Product 03 / 06

            Auxiliary Transformer

            • PriceOn request
            • Range9 products listed by SPS Transformers
            Auxiliary Transformer
            Product 04 / 06

            Power Transformers

            • CategoryPower Transformers
            • PriceOn request
            • Range9 products listed by SPS Transformers
            Product 05 / 06

            Electrical Transformer

            • CategoryPower Transformers
            • PriceOn request
            • Range9 products listed by SPS Transformers
            Product 06 / 06

            Distribution Transformer

            • CategoryPower Transformers
            • PriceOn request
            • Range9 products listed by SPS Transformers
            1 / 6
            03 · FY25 accounts · Rajasthan

            Mor Transformers And Cables Private Limited

            Mor Transformers & Cables Pvt. Ltd. is a reliable manufacturer of current transformers for electric energy, catering to a wide range of product qualities. With a focus on innovation, the company develops its own designs, which are approved by prominent industry bodies.

            Mor Transformers And Cables Private Limited is a private company incorporated in 1997, with its registered office in Rajasthan, India, classified under electrical machinery. In FY25 it reported revenue of ₹53 crore, down 15% on the year before, with a net margin of 1.0%.

            • Revenue (FY25)₹53 crore
            • Growth vs prior year−15%
            • Net margin1.0%
            • Net worth₹8.1 crore
            • Paid-up capital₹37.7 lakh
            • AreaRajasthan
            • Incorporated1997 · Private company
            • Brand founded2019
            • Secured loans1 open
            Directors on recordKanta Prasad Mor, Sheela Devi Mor2 directors
            • Kanta Prasad MorDirector · since 1997
            • Sheela Devi MorDirector · since 1997
            04 · FY25 accounts · Karnataka

            Unimag Power Transformer Private Limited

            Manufacturer of transformers

            Unimag Power Transformer Private Limited is a private company incorporated in 2014, with its registered office in Karnataka, India, classified under electrical machinery. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.

            • Revenue (FY25)
            • Growth vs prior year
            • Net margin
            • Net worth
            • Paid-up capital
            • AreaKarnataka
            • Incorporated2014 · Private company
            • Secured loans2 open
            • Key peopleRamachandra S R (Managing Director)
            • OffersOutdoor type oil immersed distribution…, 500kVA, Nominal voltage 3.3kV, 6.6kV
            Founders & leadershipRRamachandra S R1 person
            RS
            Ramachandra S R
            Managing Director
            LinkedIn profile ↗
            • ProfileUnimag Power Transformer P
            ProductsElectrical Power Transformer, Dry Transformers +46 products
            Product 01 / 06

            Electrical Power Transformer

            • CategoryTransformers
            • PriceOn request
            • Range14 products listed by Unimag Power Transformer
            Electrical Power Transformer
            Product 02 / 06

            Dry Transformers

            • CategoryTransformers
            • PriceOn request
            • Range14 products listed by Unimag Power Transformer
            Dry Transformers
            Product 03 / 06

            Transformers Parts

            • CategoryTransformers
            • PriceOn request
            • Range14 products listed by Unimag Power Transformer
            Transformers Parts
            Product 04 / 06

            Oil Transformer

            • CategoryTransformers
            • PriceOn request
            • Range14 products listed by Unimag Power Transformer
            Oil Transformer
            Product 05 / 06

            Power Transformer

            • CategoryTransformers
            • PriceOn request
            • Range14 products listed by Unimag Power Transformer
            Power Transformer
            Product 06 / 06

            DISTRIBUTION OCTC TRANSFORMER

            • CategoryPower Transformers
            • PriceOn request
            • Range14 products listed by Unimag Power Transformer
            DISTRIBUTION OCTC TRANSFORMER
            1 / 6
            05 · FY25 accounts · Odisha

            Alfa Transformers Limited

            Manufacturer of electrical distribution products & power transformers

            Alfa Transformers Limited is a public company incorporated in 1982, with its registered office in Odisha, India, classified under electrical machinery. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.

            • Revenue (FY25)
            • Growth vs prior year
            • Net margin
            • Net worth
            • Paid-up capital
            • AreaOdisha
            • Incorporated1982 · Public company
            • BackingCorporate · Post IPO 2018
            • Secured loans2 open
            Directors on recordDeepak Kumar Das, Debasis Das, Dillip Kumar Das6 directors
            • Deepak Kumar DasWholetime Director · since 1982
            • Debasis DasWholetime Director · since 2004
            • Dillip Kumar DasManaging Director · since 2007
            • Sujita PatnaikDirector · since 2014
            • Gopal Krishan GuptaDirector · since 2016
            • Rahul GuptaDirector · since 2018
            ProductsElectric Transformer, Electric Transformers +46 products
            Product 01 / 06

            Electric Transformer

            • PriceOn request
            • Range8 products listed by Alfa
            Electric Transformer
            Product 02 / 06

            Electric Transformers

            • PriceOn request
            • Range8 products listed by Alfa
            Electric Transformers
            Product 03 / 06

            Power System Products

            • PriceOn request
            • Range8 products listed by Alfa
            Power System Products
            Product 04 / 06

            Distribution Transformers

            • CategoryThree Phase Distribution Transformers
            • PriceOn request
            • Range8 products listed by Alfa
            Distribution Transformers
            Product 05 / 06

            Pulse Power Cores-Distribution Transformers

            • PriceOn request
            • Range8 products listed by Alfa
            Product 06 / 06

            Pulse Power Cores-Industrial Transformer

            • PriceOn request
            • Range8 products listed by Alfa
            1 / 6
            06 · FY25 accounts · Rajasthan

            Rajasthan Powergen Transformer Private Limited

            Rajasthan Powergen is a leading Indian manufacturer of power transformers, offering a range of products that cater to various power transmission and distribution requirements. With a focus on quality and energy efficiency, the company provides customized solutions for clients across the country. Its portfolio includes low-loss transformers, dry type transformers, and other specialized products.

            Rajasthan Powergen Transformer Private Limited is a private company incorporated in 2010, with its registered office in Rajasthan, India, classified under electricity, gas & power. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.

            • Revenue (FY25)
            • Growth vs prior year
            • Net margin
            • Net worth
            • Paid-up capital
            • AreaRajasthan
            • Incorporated2010 · Private company
            • Brand founded2011
            • Secured loans3 open
            Directors on recordJivaram Motaji Choudhary, Laxmichand Bhomraj Jain, Sumermal Bastimal Jain5 directors
            • Jivaram Motaji ChoudharyDirector · since 2010
            • Laxmichand Bhomraj JainDirector · since 2010
            • Sumermal Bastimal JainDirector · since 2014
            • Rohit Govindraj MehtaDirector · since 2017
            • Mahendra Jivaram ChoudharyDirector · since 2020
            ProductsRajasthan Powergen…, Distribution Transformers +46 products
            Product 01 / 06

            Rajasthan Powergen Distribution Transfomer

            • CategoryThree Phase Distribution Transformers
            • PriceOn request
            • Range13 products listed by Rajasthan Powergen Transformer
            Rajasthan Powergen Distribution Transfomer
            Product 02 / 06

            Distribution Transformers

            • CategoryThree Phase Distribution Transformers
            • PriceOn request
            • Range13 products listed by Rajasthan Powergen Transformer
            Distribution Transformers
            Product 03 / 06

            Distribution Transformer

            • CategoryThree Phase Distribution Transformers
            • PriceOn request
            • Range13 products listed by Rajasthan Powergen Transformer
            Distribution Transformer
            Product 04 / 06

            Tank Fabrication & Sand Blasting Services

            • PriceOn request
            • Range13 products listed by Rajasthan Powergen Transformer
            Tank Fabrication & Sand Blasting Services
            Product 05 / 06

            Explosion Doors

            • PriceOn request
            • Range13 products listed by Rajasthan Powergen Transformer
            Explosion Doors
            Product 06 / 06

            Drying/ Ovening Services

            • PriceOn request
            • Range13 products listed by Rajasthan Powergen Transformer
            Drying/ Ovening Services
            1 / 6
            Financials locked for 16 of 19 mid-size transformer manufacturersRevenue, growth, margin and net worth for every one of them are in Fliar Radar.
            Unlock in Radar

            Smaller companies

            under ₹10 crore · 6 transformer manufacturers
            01 · FY25 accounts · Tamil Nadu

            Jayanthi Transformers Private Limited

            Prime Manufacturer of Transformers in Chennai.One of the OEM in chennai to supply industrial Grade Low Tension Transformers. We have proved our mettle in specialized fields of industrial transformers by offering industrial Low Tension transformers, electrical transformers, energy efficient transformers, single phase transformers, shielded isolation transformers, non-linear transformers, drive isolation transformers, non-ventilated transformers, buck transformers, boost transformers, current transformers, coil transformers and line reactors. Our gamut goes under strict performance tests to make sure they have superior performance and are in accordance to national and international standards.

            Jayanthi Transformers Private Limited is a private company incorporated in 1992, with its registered office in Tamil Nadu, India, classified under office & computing machinery. In FY25 it reported revenue of ₹9.7 crore, up 2% on the year before, with a net margin of 0.5%.

            • Revenue (FY25)₹9.7 crore
            • Growth vs prior year+2%
            • Net margin0.5%
            • Net worth₹2 crore
            • Paid-up capital₹15 lakh
            • AreaTamil Nadu
            • Incorporated1992 · Private company
            • Secured loans2 open
            • Offers3-Phase Line Reactors, Input Line Reactors, Three Phase Electric Transformer, Transformer Loading Unloading
            Directors on recordDharman Vally, Dharman Thiru Velayudhan, Manoj Dharman4 directors
            • Dharman VallyDirector · since 1992
            • Dharman Thiru VelayudhanDirector · since 1992
            • Manoj DharmanDirector · since 2001
            • Prasmitha ManojAdditional Director · since 2021
            Products3-Phase Line Reactors, Input Line Reactors +35 products
            Product 01 / 05

            3-Phase Line Reactors

            • Price₹9,800 per piece
            • Range5 products listed by Jayanthi Transformers
            3-Phase Line Reactors
            Product 02 / 05

            Input Line Reactors

            • Price₹10,000
            • Range5 products listed by Jayanthi Transformers
            Input Line Reactors
            Product 03 / 05

            Transformer Loading Unloading

            • Price₹1,000 per hour
            • Range5 products listed by Jayanthi Transformers
            Transformer Loading Unloading
            Product 04 / 05

            R Core Transformer

            • Price₹9,800 per piece
            • Range5 products listed by Jayanthi Transformers
            R Core Transformer
            Product 05 / 05

            Three Phase Electric Transformer

            • PriceOn request
            • Range5 products listed by Jayanthi Transformers
            Three Phase Electric Transformer
            1 / 5
            02 · FY25 accounts · Gujarat

            Prima Transformers Private Limited

            Prima Transformers Pvt. Ltd. is a renowned manufacturer of control and power transformers, reactors, filters, and other related products. With a focus on quality and affordability, the company has established itself as a reliable partner for customers seeking high-performance solutions. Prima Transformers offers a range of products, including control transformers, auto transformers, current transformers, and cast resin transformers, among others.

            Prima Transformers Private Limited is a private company incorporated in 2005, with its registered office in Gujarat, India, classified under electrical machinery. In FY25 it reported revenue of ₹9.1 crore, up 38% on the year before, with a net margin of 3.5%.

            • Revenue (FY25)₹9.1 crore
            • Growth vs prior year+38%
            • Net margin3.5%
            • Net worth₹32.1 lakh
            • Paid-up capital₹10 lakh
            • AreaGujarat
            • Incorporated2005 · Private company
            • Brand founded2007
            • Secured loans1 open
            • OffersControl & Power Transformers, Reactors, filters, CT
            Directors on recordMitin Ambalal Patel, Vinod Vitthalbhai Patel2 directors
            • Mitin Ambalal PatelDirector · since 2005
            • Vinod Vitthalbhai PatelDirector · since 2005
            ProductsControl & Power Transformers, Reactors +46 products
            Product 01 / 06

            Control & Power Transformers

            • AboutListed by Prima Transformer as one of its products or services; details on primatransformer.com.
            Product 02 / 06

            Reactors

            • AboutListed by Prima Transformer as one of its products or services; details on primatransformer.com.
            Product 03 / 06

            filters

            • AboutListed by Prima Transformer as one of its products or services; details on primatransformer.com.
            Product 04 / 06

            CT

            • AboutListed by Prima Transformer as one of its products or services; details on primatransformer.com.
            Product 05 / 06

            control panels

            • AboutListed by Prima Transformer as one of its products or services; details on primatransformer.com.
            Product 06 / 06

            Magnetic Products

            • AboutListed by Prima Transformer as one of its products or services; details on primatransformer.com.
            1 / 6
            03 · FY25 accounts · Rajasthan

            Melcon Transformers And Electricals Private Limited

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            Melcon Transformers And Electricals Private Limited is a private company incorporated in 2005, with its registered office in Rajasthan, India, classified under electrical machinery. In FY25 it reported revenue of ₹4.2 crore, down 36% on the year before, with a net margin of 2.5%.

            • Revenue (FY25)₹4.2 crore
            • Growth vs prior year−36%
            • Net margin2.5%
            • Net worth₹27.6 lakh
            • Paid-up capital₹1 lakh
            • AreaRajasthan
            • Incorporated2005 · Private company
            • Brand founded2009
            • Key peopleRajesh Jain (Founder); Aparna Jain (CEO)
            • OffersOil Immersed Power & Distribution…, Power & Distribution TRANSFORMERS upto…, Energy Efficient/ Star rated…, Renewable Energy Power ¢¨0©3 Solar/ Wind
            Founders & leadershipRARajesh Jain, Aparna Jain2 people
            RJ
            Rajesh Jain
            Founder
            LinkedIn profile ↗
            Ex-Founder
            • ProfileBITS Pilani BE 1979
            • EducationBITS Pilani
            • LinkedIn634 followers · Alwar, Rajasthan, India
            • AboutGraduated from BITS Pilani in 1979 Have worked with DLW,Hindalco,Telco Pune
            AJ
            Aparna Jain
            CEO
            LinkedIn profile ↗
            • ProfileNMIMS MBA 2007
            • EducationNMIMS; Alwar Public School
            ProductsOil Immersed Power &…, Power & Distribution… +46 products
            Product 01 / 06

            Oil Immersed Power & Distribution Transformers

            • AboutListed by Melcon Transformers as one of its products or services; details on melcontransformers.com.
            Product 02 / 06

            Power & Distribution TRANSFORMERS upto 10MVA, 33kv class and other…

            • AboutListed by Melcon Transformers as one of its products or services; details on melcontransformers.com.
            Product 03 / 06

            Energy Efficient/ Star rated Transformers

            • AboutListed by Melcon Transformers as one of its products or services; details on melcontransformers.com.
            Product 04 / 06

            Renewable Energy Power ¢¨0©3 Solar/ Wind

            • AboutListed by Melcon Transformers as one of its products or services; details on melcontransformers.com.
            Product 05 / 06

            Textile Mills & processing plants

            • AboutListed by Melcon Transformers as one of its products or services; details on melcontransformers.com.
            Product 06 / 06

            Real estate/ Infrastructure development Projects

            • AboutListed by Melcon Transformers as one of its products or services; details on melcontransformers.com.
            1 / 6
            04 · FY25 accounts · Gujarat

            Meem Transformer Private Limited

            Meem Transformers

            Manufacturer of transformers

            Meem Transformer Private Limited is a private company incorporated in 2013, with its registered office in Gujarat, India, classified under electrical machinery. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.

            • Revenue (FY25)
            • Growth vs prior year
            • Net margin
            • Net worth
            • Paid-up capital
            • AreaGujarat
            • Incorporated2013 · Private company
            • Brand founded2010
            • Secured loans1 open
            Directors on recordIbrahim Khan Moin Khan Pathan, Israr Moin Khan Pathan2 directors
            • Ibrahim Khan Moin Khan PathanDirector · since 2013
            • Israr Moin Khan PathanDirector · since 2013
            ProductsSingle Phase Electronic…, Single Phase Isolation… +35 products
            Product 01 / 05

            Single Phase Electronic Transformer

            • Price₹1,200 per piece
            • Range5 products listed by Meem Transformers
            Single Phase Electronic Transformer
            Product 02 / 05

            Single Phase Isolation Transformer

            • Price₹4,500 per piece
            • Range5 products listed by Meem Transformers
            Single Phase Isolation Transformer
            Product 03 / 05

            Electronic Single Phase Control Transformer

            • Price₹2,700 per piece
            • Range5 products listed by Meem Transformers
            Electronic Single Phase Control Transformer
            Product 04 / 05

            1 KVA Sigle Phase Isolation Transformer

            • Price₹4,200 per piece
            • Range5 products listed by Meem Transformers
            1 KVA Sigle Phase Isolation Transformer
            Product 05 / 05

            Single Phase Control Transformer

            • Price₹2,700 per piece
            • Range5 products listed by Meem Transformers
            Single Phase Control Transformer
            1 / 5
            05 · FY25 accounts · Uttar Pradesh

            Vishal Transformers And Switchgears Private Limited

            Manufacturer of power and distribution transformers. The company also offers transformer repairing services, catering to industrial and utility clients. Their products cater to various sectors, including power generation, transmission, and distribution.

            Vishal Transformers And Switchgears Private Limited is a private company incorporated in 1981, with its registered office in Uttar Pradesh, India, classified under wholesale trade. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.

            • Revenue (FY25)
            • Growth vs prior year
            • Net margin
            • Net worth
            • Paid-up capital
            • AreaUttar Pradesh
            • Incorporated1981 · Private company
            • Brand founded2003
            • Secured loans15 open
            • Key peopleAmit Somani (Founder & Owner)
            Founders & leadershipAAmit Somani1 person
            AS
            Amit Somani
            Founder & Owner
              ProductsNeutral Ct, Auxillary Transformer +46 products
              Product 01 / 06

              Neutral Ct

              • CategoryCurrent Transformers
              • PriceOn request
              • Range15 products listed by Vishal Transformer
              Neutral Ct
              Product 02 / 06

              Auxillary Transformer

              • CategoryCurrent Transformers
              • PriceOn request
              • Range15 products listed by Vishal Transformer
              Auxillary Transformer
              Product 03 / 06

              Metering Cubicle

              • CategoryCurrent Transformers
              • PriceOn request
              • Range15 products listed by Vishal Transformer
              Metering Cubicle
              Product 04 / 06

              Distribution Transformer

              • CategoryCurrent Transformers
              • PriceOn request
              • Range15 products listed by Vishal Transformer
              Distribution Transformer
              Product 05 / 06

              Low-Tension Current Transformer

              • CategoryCurrent Transformers
              • PriceOn request
              • Range15 products listed by Vishal Transformer
              Low-Tension Current Transformer
              Product 06 / 06

              33 KV Metering Cubicle

              • CategoryCurrent Transformers
              • PriceOn request
              • Range15 products listed by Vishal Transformer
              33 KV Metering Cubicle
              1 / 6
              06 · FY25 accounts · Karnataka

              Wealth Transformers India Private Limited

              Financial advisory firm providing wealth management services. It offers a range of services, including asset management, financial planning, risk management, estate planning, retirement planning, income protection, fixed deposite, risk management, insurance planning, child future planning, NRI investment and more.

              Wealth Transformers India Private Limited is a private company incorporated in 2016, with its registered office in Karnataka, India, classified under business services (consulting, advertising, staffing). Its latest accounts on file are for FY25; revenue, growth and margin are locked below.

              • Revenue (FY25)
              • Growth vs prior year
              • Net margin
              • Net worth
              • Paid-up capital
              • AreaKarnataka
              • Incorporated2016 · Private company
              • Brand founded2009
              • Secured loans1 open
              • Key peopleHarry Septem (Co-Founder); Peter Adams (Co-Founder)
              Founders & leadershipHPHarry Septem, Peter Adams2 people
              HS
              Harry Septem
              Co-Founder
                PA
                Peter Adams
                Co-Founder
                  Financials locked for 3 of 6 smaller transformer manufacturersRevenue, growth, margin and net worth for every one of them are in Fliar Radar.
                  Unlock in Radar

                  Standout transformer manufacturers in India

                  Transformer manufacturers with at least ₹5 crore of revenue: the fastest growing (two consecutive years on file) and the most profitable.

                  Fastest growing
                  CompanyRevenueGrowth
                  Gvolts Transformers Private Limited
                  Transformers And Rectifiers (india) Limited₹1,950 crore+53%
                  Jds Transformers Industries Private Limited
                  Gujarat Transformers Pvt Ltd
                  Modern Transformers Private Limited
                  Prima Transformers Private Limited₹9.1 crore+38%
                  Divya Electrical Transformers And Services Private Limited
                  Tesla Transformers (global) Private Limited
                  Highest margins
                  CompanyRevenueNet margin
                  Voltamp Transformers Limited₹1,934 crore16.8%
                  Sps Transformers Private Limited₹54.1 crore13.5%
                  Indo-tech Transformers Limited₹612 crore10.4%
                  Transformers And Rectifiers (india) Limited₹1,950 crore9.6%
                  Star Delta Transformers Limited
                  Esennar Transformers Private Limited
                  U P Transformers (india) Private Limited
                  Modern Transformers Private Limited
                  Financials locked for 10 of 35 companiesRevenue, growth, margin and net worth for every one of them are in Fliar Radar.
                  Unlock in Radar

                  How big are they?

                  Annual revenueCompaniesShare of filersShare of revenueProfitable
                  Under ₹1 crore26%0%100%
                  ₹1–10 crore411%0%100%
                  ₹10–100 crore1954%10%95%
                  ₹100–1,000 crore823%33%88%
                  ₹1,000 crore and above26%57%100%

                  Who lends to India's transformer manufacturers

                  Secured loans registered against company assets. The median open loan is ₹79.4 lakh.

                  LenderCompaniesLoansOpen borrowings
                  State Bank Of India65148₹2,075 crore
                  HDFC Bank3050₹237 crore
                  Bank Of Baroda2764₹184 crore
                  Canara Bank2663₹79.4 crore
                  Punjab National Bank2165₹96.9 crore
                  ICICI Bank1424₹359 crore
                  Bank Of India1348₹157 crore
                  Axis Bank1218₹70.6 crore

                  Backed transformer manufacturers in India

                  Companies with venture, private-equity, incubator or grant funding on Fliar Radar, most recent rounds first.

                  CompanyBackingLatest roundBackers on recordNamed backers
                  Transformers & RectifiersCorporatePost IPO · 2023-10––
                  EnpayFunding RaisedGrant (prize money) · 2023-03–Exim Banka Slovakia
                  SGB-SMIT GroupAcquiredGrant (prize money) · 2021-05–Europa, AlpInvest Partners, Rivean Capital
                  AlfaCorporatePost IPO · 2018-10–CCube Angels, Frontline Strategy
                  KryfsAcquiredUnattributed · 2013-11––
                  Century TransformersSeedAngel · 2011-011–
                  M/s Universal Power TransformersSeries ASeries A · 2007-01––
                  Voltamp TransformersCorporate––Nalanda Capital, Samena Capital
                  Indo Tech TransformersCorporate-Backed–––

                  Frequently asked questions

                  How many transformer manufacturers are there in India?

                  The register lists 396 active transformer manufacturers in India; 35 have filed accounts and 27 are tracked in Radar.

                  What is the biggest of the transformer manufacturers in India?

                  By latest revenue: Transformers And Rectifiers (india) Limited (₹1,950 crore, FY25); Voltamp Transformers Limited (₹1,934 crore, FY25); Indo-tech Transformers Limited (₹612 crore, FY25).

                  How much revenue do transformer manufacturers in India generate?

                  The 35 companies with accounts on file reported ₹6,818 crore in their latest year; the median is ₹38.6 crore and the top ten make up 90%.

                  Are transformer manufacturers in India profitable?

                  94% of filers reported a profit and the median net margin is 3.1%; median revenue growth is +9%.

                  Which city in India has the most transformer manufacturers?

                  Maharashtra (84); Uttar Pradesh (37); Delhi (34).

                  Which banks lend to transformer manufacturers in India?

                  State Bank Of India (65 companies); HDFC Bank (30 companies); Bank Of Baroda (27 companies); Canara Bank (26 companies).

                  Companies come from the Ministry of Corporate Affairs register (active companies; incorporations through 2022). Revenue, profit and net worth are the latest statutory accounts on file for companies that file them, standalone where available; companies without accounts are not in revenue figures. Secured loans are charges registered against company assets. Hiring is from Fliar Radar job tracking. Directory figures come from business-directory listings collected in 2026 (reviews to 2021). Counts are a floor: some incorporation years are only partly covered.

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