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Top Transformer and Electrical Equipment Stocks Compared: Bharat Bijlee vs GE Vernova T&D India vs Transformers and Rectifiers vs Voltamp Transformers vs Shilchar Technologies on Price, Valuation, Q2 FY27 Results and Risks

Previous close: Bharat Bijlee Rs 2,734.30, GE Vernova T&D India Rs 4,200.00, Transformers and Rectifiers Rs 315.80, Voltamp Transformers Rs 9,722.00, Shilchar Technologies Rs 3,559.50.


13 Nov 2026 • 9:40 am

Top Transformer and Electrical Equipment Stocks Compared: Bharat Bijlee vs GE Vernova T&D India vs Transformers and Rectifiers vs Voltamp Transformers vs Shilchar Technologies on Price, Valuation, Q2 FY27 Results and Risks

Quick Answer

This transformer and electrical equipment stocks compared snapshot checks five names on price, valuation and Q2 FY27 results: Bharat Bijlee, GE Vernova T&D India, Transformers and Rectifiers, Voltamp Transformers and Shilchar Technologies. GE Vernova T&D India is the largest by market capitalisation at Rs 1,07,413 crore. GE Vernova T&D India reports the highest return on equity at 43.61%. Grid equipment makers follow utility orders, so read growth and margins alongside every multiple.

Transformer and electrical equipment stocks compared here means Bharat Bijlee, GE Vernova T&D India, Transformers and Rectifiers, Voltamp Transformers and Shilchar Technologies on one page, checked on previous close, market value, valuation and the latest quarterly numbers. The group mixes a maker of transformers and motors, a grid equipment and transmission solutions firm and three transformer makers, so each name earns from a different part of the power equipment chain, which is exactly why a side-by-side look helps.

Transformers and Rectifiers has filed its September 2026 quarter, so its result below is Q2 FY27. Bharat Bijlee, GE Vernova T&D India, Voltamp Transformers and Shilchar Technologies are tracked on price and valuation. Transformer makers follow utility spending, grid upgrades and order timing, so a glance at the Nifty 500 page and the Sensex page before you read the tables gives useful backdrop.

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Table of Contents

Transformer and Electrical Equipment Stocks Compared: Five Grid Makers

The transformer and electrical equipment stocks compared here are Bharat Bijlee, GE Vernova T&D India, Transformers and Rectifiers, Voltamp Transformers and Shilchar Technologies. GE Vernova T&D India is the largest by market capitalisation at Rs 1,07,413 crore. Previous closes run from Rs 315.80 for Transformers and Rectifiers to Rs 9,722.00 for Voltamp Transformers, which is why a side-by-side look at value rather than price is more useful. This transformer and electrical equipment stocks compared list is the base for every table that follows.

Stock Previous close (Rs) Market cap (Rs crore)
Bharat Bijlee 2,734.30 3,092
GE Vernova T&D India 4,200.00 1,07,413
Transformers and Rectifiers 315.80 9,469
Voltamp Transformers 9,722.00 9,859
Shilchar Technologies 3,559.50 4,076

A quick look at the business behind each ticker puts the numbers in context. Bharat Bijlee makes transformers, motors and other electrical equipment, while GE Vernova T&D India makes grid equipment and offers power transmission solutions. Transformers and Rectifiers makes power and distribution transformers, and Voltamp Transformers makes power and distribution transformers. To compare transformer and electrical equipment stocks properly, line up price to earnings, return on equity and operating margin before forming a view.

Rounding out the group, Shilchar Technologies makes transformers for power and railway users. A fair transformer and electrical equipment stock comparison looks at what each company actually earns from, not only at the share price. Transformer makers, grid solutions firms and mixed equipment makers belong in separate mental boxes whenever you compare transformer and electrical equipment stocks fairly.

Transformer and Electrical Equipment Stocks Valuation: Multiples, Returns and Payouts

Bharat Bijlee trades at the lowest price to earnings ratio in this group at 23.85. GE Vernova T&D India reports the highest return on equity at 43.61%. Bharat Bijlee has the lowest price to book value at 1.34. These transformer and electrical equipment stocks valuation readings come from the previous close and the latest reported financials. That is the idea behind this transformer and electrical equipment stocks compared table: price to earnings and return on equity sit side by side so a high or low reading stands out at once.

Stock Price to earnings Price to book ROE (%) Dividend yield (%) Debt to equity
Bharat Bijlee 23.85 1.34 5.61 1.28 0.17
GE Vernova T&D India 74.75 32.60 43.61 0.24 0.01
Transformers and Rectifiers 30.24 5.73 18.42 0.08 0.35
Voltamp Transformers 30.49 5.28 17.32 1.03 0.00
Shilchar Technologies 32.72 7.68 23.48 0.35 0.00

Transformer and grid equipment names often trade at premium price to earnings multiples because order books extend over several quarters. Return on equity and dividend yield help you judge how well each uses its capital and how much it pays back. Earnings per share and book value per share are the building blocks behind price to earnings and price to book, so a glance at both in each filing is time well spent. A simple transformer and electrical equipment stock comparison like this one is only as useful as the context behind it, which is why operating margin is worth checking as well.

In this group, price to earnings runs from 23.85 for Bharat Bijlee to 74.75 for GE Vernova T&D India. Bharat Bijlee offers the highest dividend yield at 1.28%. Industry price to earnings readings differ by sub-sector: Bharat Bijlee, GE Vernova T&D India, Voltamp Transformers and Shilchar Technologies at 53.78; Transformers and Rectifiers at 43.20. The industry price to earnings is a handy anchor: a stock above it is priced for faster growth, and one below it is priced for steadier earnings. A well-built transformer and electrical equipment stock comparison also notes that utility orders and commodity costs can move results between quarters. Run the same transformer and electrical equipment stock comparison on your own watchlist and the pattern in these numbers will be easier to spot. Whenever you compare transformer and electrical equipment stocks, note whether a premium is backed by returns or only by size.

Transformer and Electrical Equipment Stocks Q2 FY27 Results: Revenue and Profit Check

One of the five transformer and electrical equipment stocks compared has filed Q2 FY27 numbers. Transformers and Rectifiers posted the fastest revenue growth at 56.6% year on year. Transformers and Rectifiers showed the sharpest rise in net profit at 117.9%. Read revenue first and quarterly profit second, since the two together show how much of the growth reaches shareholders. The others are shown on their latest reported quarter, so read each one for what it is. Treat the Q2 FY27 numbers in this transformer and electrical equipment stocks compared review as a snapshot of one quarter, not a verdict on any equipment maker.

Stock Q2 FY27 revenue (Rs crore) Q2 FY26 revenue (Rs crore) Q2 FY27 net profit (Rs crore) Q2 FY26 net profit (Rs crore)
Transformers and Rectifiers 742.2 473.9 81.4 37.4

Bharat Bijlee Results Snapshot

Bharat Bijlee is tracked here on price and valuation. Its quarterly filing on the exchange website carries the revenue and profit detail, so read it before you set the stock against the rest.

GE Vernova T&D India Results Snapshot

GE Vernova T&D India is tracked here on price and valuation. Its quarterly filing on the exchange website carries the revenue and profit detail, so read it before you set the stock against the rest.

Transformers and Rectifiers Results Snapshot

Transformers and Rectifiers' Q2 FY27 top line stood at Rs 742.2 crore, versus Rs 473.9 crore in Q2 FY26, a rise of 56.6%. Net profit rose 117.9% to Rs 81.4 crore from Rs 37.4 crore. Operating margin expanded to 17.8% from 14.2% a year ago. Earnings per share for the quarter rose to Rs 2.66 from Rs 1.13.

Voltamp Transformers Results Snapshot

Voltamp Transformers is tracked here on price and valuation. Its quarterly filing on the exchange website carries the revenue and profit detail, so read it before you set the stock against the rest.

Shilchar Technologies Results Snapshot

Shilchar Technologies is tracked here on price and valuation. Its quarterly filing on the exchange website carries the revenue and profit detail, so read it before you set the stock against the rest.

Transformer results depend on order inflow, commodity costs, delivery pace and margins, so profit can look different from revenue in a single quarter. That is why a transformer and electrical equipment stock comparison works best when revenue and profit are read together across two or three quarters. Used this way, a transformer and electrical equipment stocks compared review becomes a map of the sector rather than a price list. When you compare transformer and electrical equipment stocks after each result season, track how operating margin changes from one quarter to the next. A transformer and electrical equipment stock comparison built on one quarter of data is a starting point, and the next set of results will update it.

Transformer and Electrical Equipment Stocks Compared Two at a Time: Three Pairings

Readers rarely want a five-way table and nothing else, so here are three head-to-head reads drawn from the same data. Use them as a quick way to compare transformer and electrical equipment stocks two at a time.

Voltamp Transformers vs Transformers and Rectifiers

Voltamp Transformers and Transformers and Rectifiers both make power and distribution transformers. The two are close in size, with market capitalisations of Rs 9,859 crore for Voltamp Transformers and Rs 9,469 crore for Transformers and Rectifiers. On price to earnings, Transformers and Rectifiers carries the lower multiple at 30.24 against 30.49 for Voltamp Transformers. Transformers and Rectifiers reports the higher return on equity, at 18.42% against 17.32% for Voltamp Transformers. Both depend on utility orders, so read growth next to valuation before you judge either multiple.

GE Vernova T&D India vs Bharat Bijlee

GE Vernova T&D India offers grid equipment and transmission solutions, while Bharat Bijlee makes transformers, motors and other electrical equipment. On price to earnings, Bharat Bijlee carries the lower multiple at 23.85 against 74.75 for GE Vernova T&D India. GE Vernova T&D India reports the higher return on equity, at 43.61% against 5.61% for Bharat Bijlee. For dividend income, Bharat Bijlee offers 1.28% against 0.24% at GE Vernova T&D India. A grid solutions firm and a mixed equipment maker are priced differently, so read the business mix before you read the ratio.

Shilchar Technologies vs Voltamp Transformers

Shilchar Technologies makes transformers for power and railway users, while Voltamp Transformers serves utilities and industry. Voltamp Transformers is about 2.4 times the size of Shilchar Technologies by market capitalisation, at Rs 9,859 crore against Rs 4,076 crore. Shilchar Technologies reports the higher return on equity, at 23.48% against 17.32% for Voltamp Transformers. For dividend income, Voltamp Transformers offers 1.03% against 0.35% at Shilchar Technologies. Both are focused makers, so read returns and valuation together.

Best Transformer and Electrical Equipment Stocks for Each Type of Investor

People who ask for the best transformer and electrical equipment stocks often have very different goals, so here is who leads on each measure today, row by row. Any transformer and electrical equipment stocks compared table can mislead if you stop at one row, because each equipment maker leads on a different measure. Used with care, a transformer and electrical equipment stock comparison turns scattered ratios into a short list of questions worth asking.

If you care most about Start your research with The number
Lowest price to earnings Bharat Bijlee 23.85
Highest return on equity GE Vernova T&D India 43.61%
Highest dividend yield Bharat Bijlee 1.28%
Lowest price to book value Bharat Bijlee 1.34
Largest by market capitalisation GE Vernova T&D India Rs 1,07,413 crore
Fastest Q2 FY27 revenue growth Transformers and Rectifiers 56.6%
Sharpest Q2 FY27 net profit rise Transformers and Rectifiers 117.9%

No single name tops every row, which is exactly why a transformer and electrical equipment stock comparison helps. Order books, margins, returns and valuation each point to a different maker, so decide what matters most to you before you rank the numbers.

What Is Driving Orders for Transformers and Grid Equipment Right Now?

Grid upgrades, new power plants, renewable connections and railway electrification keep transformer and grid equipment orders rising. Makers with large order books can plan output well ahead. Knowing what moves utility orders and commodity costs helps you compare transformer and electrical equipment stocks with the right questions in mind.

Order inflow, copper and steel costs and delivery pace decide margins. Firms with long customer ties and testing capacity can win repeat orders. A good transformer and electrical equipment stocks compared routine therefore tracks order books, commodity costs and margins. The sector backdrop helps every name here, but a transformer and electrical equipment stock comparison shows it does not help them equally.

Risks to Weigh When You Compare Transformer and Electrical Equipment Stocks

Transformer and electrical equipment stocks depend on utility spending, commodity costs, order timing and execution. Valuations can run high on order hopes, so read each filing for order book, execution and margin commentary before you compare them. Every transformer and electrical equipment stock comparison has blind spots, and for this group the biggest is utility orders and commodity costs. A thoughtful transformer and electrical equipment stocks compared review keeps these risks next to the numbers instead of in a footnote.

Because order books, commodity costs and margins drive these businesses, the most useful habit is to read the management commentary that comes with every result and note what is expected for the next quarter. Read together, the risk notes and the tables make this transformer and electrical equipment stocks compared guide a balanced starting point.

How to Compare Transformer and Electrical Equipment Stocks and Build a Shortlist

Start by deciding whether you prefer pure transformer makers, a grid solutions firm or a mixed equipment maker, because each responds to different triggers. Transformer makers reward readers who track order books, while grid solutions firms reward those who track transmission spending. Done step by step, this transformer and electrical equipment stocks compared routine becomes repeatable rather than a one-off exercise.

Then check valuation and returns, because premium multiples leave less room for slips in orders or margins. Spreading your attention across one transformer maker and one grid or mixed equipment name is a simple way to see both sides of the sector. Keep the shortlist of best transformer and electrical equipment stocks short enough that you can actually follow each company's quarterly results. When you compare transformer and electrical equipment stocks again after new results, update only the rows that changed instead of starting over.

The Univest stock screener lets you filter transformer and electrical equipment stocks by market capitalisation, return on equity and price to earnings, and the app keeps live prices a tap away through the trading day. Come back to this transformer and electrical equipment stocks compared page after the next set of results to see which numbers have moved.

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Conclusion: Transformer and Electrical Equipment Stocks Compared at a Glance

This transformer and electrical equipment stocks compared review on price, valuation and Q2 FY27 results shows that no single name wins every measure. GE Vernova T&D India leads on both size and return on equity, though the others bring strengths of their own. Treat the transformer and electrical equipment stocks Q2 FY27 results and transformer and electrical equipment stocks valuation tables as a research starting point, then check the filings and speak to a SEBI-registered advisor before you invest. If you plan to compare transformer and electrical equipment stocks again next quarter, the same checklist of price to earnings, return on equity and operating margin will work.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions on Transformer and Electrical Equipment Stocks Compared

Which are the top transformer and electrical equipment stocks compared in this article?

Ans. The transformer and electrical equipment stocks compared in this article are Bharat Bijlee, GE Vernova T&D India, Transformers and Rectifiers, Voltamp Transformers and Shilchar Technologies. They are checked on previous close, market capitalisation, price to earnings, price to book, return on equity and the latest quarterly results, giving you a quick, even-handed view of the group ahead of any detailed filing review.

Which transformer and electrical equipment stock has the highest market capitalisation?

Ans. Among the five names, GE Vernova T&D India has the highest market capitalisation at Rs 1,07,413 crore. Voltamp Transformers follows at Rs 9,859 crore. The figure reflects what the market is paying for the whole company today, and it will change as prices move, so refresh it before you decide.

Which of these transformer and electrical equipment stocks has the lowest price to earnings ratio?

Ans. On transformer and electrical equipment stocks valuation, Bharat Bijlee has the lowest price to earnings ratio among these transformer and electrical equipment stocks at 23.85, based on the latest reported earnings. GE Vernova T&D India sits at the other end at 74.75. The lowest ratio is not a verdict on the stock, since earnings growth and quality decide whether a multiple is fair.

Which transformer and electrical equipment stock has the highest return on equity?

Ans. GE Vernova T&D India reports the highest return on equity in this group at 43.61%. A higher return on equity points to a company that turns shareholder funds into profit efficiently. Check the trend over time and the debt level before leaning on a single reading.

How did transformer and electrical equipment stocks perform in Q2 FY27 results?

Ans. One of the five names has filed Q2 FY27 numbers in our data. Transformers and Rectifiers recorded the fastest revenue growth at 56.6% year on year. Transformers and Rectifiers showed the sharpest net profit rise at 117.9%. For transformer and electrical equipment stocks Q2 FY27 results, the others are covered on their latest reported quarter, and each filing on the exchange website carries the full detail.

What are the main risks when you compare transformer and electrical equipment stocks?

Ans. Transformer and electrical equipment stocks depend on utility spending, commodity costs, order timing and execution. Valuations can run high on order hopes, so read each filing for order book, execution and margin commentary before you compare them. Keep an eye on order books, commodity costs and margins.

Which metrics matter most when you compare transformer and electrical equipment stocks?

Ans. Order book, execution pace, operating margin and return on equity matter most for operating performance. Price to earnings and dividend yield show how the market values each maker. Read each company's filing for these along with the numbers in this article.

Which is the best transformer and electrical equipment stock to buy among these five?

Ans. The best transformer and electrical equipment stock depends on whether you value a pure transformer maker, a grid solutions firm or a mixed equipment maker, because the five names differ on all of these. On the numbers in this article, GE Vernova T&D India has the largest market capitalisation as well as the highest return on equity; Bharat Bijlee has the lowest price to earnings as well as the highest dividend yield. The leaders change from row to row, so no stock stands out on everything, and this article is not advice. Shortlist from the tables, verify with the latest filings, and consult a SEBI-registered advisor, since time horizon and risk appetite matter most.

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