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CTR Manufacturing Industries Limited

At a glance

  • Sales

    FY25

    ₹549 Cr

    +13.5%on FY24

    What the company earned from its customers in the year.

  • Profit

    FY25

    ₹65.1 Cr

    +17.1%on FY24

    What was left after every cost and tax was paid.

From the company's published figures; sources are beside each figure further down the page.

Key details

Company
CTR Manufacturing Industries Limited
ISIN
INE372G01053
Sector
Industrials & Engineering
Type of share
Unlisted equity share
Indicative price per share
On request
Price last updated
12 Oct 2026
Minimum quantity
Confirmed by the desk
How you hold it
In your own demat account
Enquiries
GrowFast desk, on WhatsApp

Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.

Company

About CTR Manufacturing Industries Limited

CTR is a Pune-based maker of equipment that goes into and around power transformers: on-load tap changers, explosion-prevention and fire-protection systems, pressed steel radiators, capacitors and substation products, with factories in Pune, Aurangabad and Nashik. ICRA describes it as the market leader in India for on-load tap changers and transformer fire-protection systems. The company was set up in 1964 by the late Pratap Kumar; his son Anil Pratap Kumar is Vice Chairman, and the business is run by Managing Director Vijay K. Wakchaure.

Written from: icra.in, ctr.in

Listing status. Not listed. The shares were formerly listed on BSE (scrip code 503968, as CTR Manufacturing Industries Ltd); BSE now shows the scrip as Delisted, with the last trade on 31 January 2003 BSE scrip page for 503968

Financials

Ask for the full annual report.

The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.

Ask for the financials
Sector
Industrials & Engineering
ISIN
INE372G01053
Year of incorporation
1964
Headquarters
Pune, Maharashtra
Promoter
Founded by the late Pratap Kumar; his son Anil Pratap Kumar is Vice Chairman
Key people
Managing Director: Vijay K. Wakchaure; Vice Chairman: A. P. Kumar
Employees
1,200 people
CTR website
Website
ctr.in

Read from: ICRA rating rationale, 30 June 2026, unless another source is shown on a card.

Figures in ₹ crore

Financials

CTR Manufacturing Industries Private Limited. As published in the company's audited reports. GrowFast has not audited them.

Published figures by financial year
ParticularsFY22FY23FY24FY25Latest
Operating income (as reported by ICRA from audited accounts)337.2442.3483.9549.4▲14%
Profit after tax (as reported by ICRA from audited accounts)29.246.655.665.1▲17%

Rupees crore unless marked, standalone, consolidated. The change shown is the latest year against the year before. Read from: ICRA rating rationale, 22 December 2023, ICRA rating rationale, 24 March 2025, ICRA rating rationale, 30 June 2026.

Credit rating. [ICRA]A+ (Stable) long term, reaffirmed, and [ICRA]A1+ short term, upgraded from [ICRA]A1, on ₹124 crore of bank facilities, 30 June 2026 (30 June 2026) ICRA rating rationale, 30 June 2026

Leadership

Management

  • Vijay K. Wakchaure

    Managing Director

  • A. P. Kumar

    Vice Chairman

Read from: CTR website, ICRA rating rationale, 30 June 2026

Corporate calendar

Events

  • 30 Jun 2026Credit ratingICRA reaffirmed the A+ (Stable) long-term rating and raised the short-term rating to A1+Open
  • 24 Mar 2025Credit ratingICRA reaffirmed ratings of A+ (Stable) and A1Open
  • 22 Dec 2023Credit ratingICRA reaffirmed ratings of A+ (Stable) and A1Open

Reports and filings

Annual reports and results

Each link opens the document where its publisher keeps it.

Before you buy

Six things to check on any unlisted share.

The same list applies to every stock. None of it is advice on this one.

  • The company's latest financials

    Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.

  • What the price implies

    Compare the price per share with earnings and book value per share, and with listed companies in the same business.

  • Whether a listing is planned

    A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.

  • How you would sell

    There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.

  • Lock-in after a listing

    Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.

  • Tax on your gains

    Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.

Questions

What buyers ask about this stock.

Not answered here? Ask the desk.

Inquire about CTR Manufacturing Industries Limited on WhatsApp
Is the price shown for CTR Manufacturing Industries Limited final?

No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.

How do I buy these shares?

Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.

Do I pay anything on this website?

No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.

What do I need before I can buy?

A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.

Can I sell my CTR Manufacturing Industries Limited shares to GrowFast?

GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.

How do I sell CTR Manufacturing Industries Limited shares I already hold?

Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.

Is there a lock-in if the company lists?

Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.

Is buying unlisted shares legal in India?

Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.

What is the minimum I can buy?

It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.

What is an ISIN?

The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.

Why are unlisted shares riskier than listed ones?

Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.

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Risk disclosure

Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.

Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.

Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.

Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.

GrowFast is not affiliated with, sponsored by or endorsed by CTR Manufacturing Industries Limited. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.

CTR Manufacturing Industries Limited

On request

Inquire about CTR Manufacturing Industries Limited on WhatsApp