Power transformers
Tirathai designs and builds large power transformers used in electricity substations and power networks to change voltage for transmission and grid use.
Customers and revenue model
T
Tirathai PCL
SET:TRT
Tirathai PCL
SET:TRT
Price:
9.8
THB
-11.71%
Market Closed
Market Cap:
฿3B
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Company Overview
Business Description
- Sector
- Industrials
- Industry
- Electrical Equipment
- Headquarters
- Thailand TH
- Employees
- 518
- IPO date
- May 10, 2006
Tirathai PCL makes power transformers and related electrical equipment used in power transmission and distribution. Its products sit between electricity generators and the end users on the grid, helping utilities move power safely and efficiently at high voltage. The company also handles engineering, installation, testing, and maintenance for these systems, which means it sells both equipment and technical services.
Its main customers are electric utilities, industrial plants, infrastructure projects, and other organizations that need reliable high-voltage power equipment. Tirathai earns money by manufacturing transformers and related parts, then charging for project work, service contracts, and repairs over the life of the equipment. This gives it a mix of one-time equipment sales and longer-term service revenue.
What makes Tirathai’s business model distinct is that it is tied to the backbone of the power grid rather than to consumer electronics or household appliances. Transformers are essential, long-lived assets, so customers care about engineering quality, reliability, and after-sales support. That makes the company part manufacturer, part technical service provider, with a role in keeping electricity networks running.