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    Producer manufacturing

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    Electrical products
Voltamp Transformers Limited

Voltamp Transformers Limited

9,603.50
INR
-349.10
(-3.51%)
313.40EPS
33.03P/E
104.72BMarket Cap
Oct 29Next Earn
Voltamp Transformers Limited
BSE:VOLTAMP
(Bombay Stock Exchange)

Recent

price

9,603.50

P/E

ratio

33.03

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
529.14
563.21
500.94
439.63
510.9
556.78
595.29
623.52
811.52
842.49
680.54
1,108.79
1,360.24
1,590.79
1,902.44
2,120.82
2,247.66
Revenue per Share
51.18
32.89
32.52
25.98
28.08
43.47
71.37
72.63
83.86
88.34
110.92
131.3
197.63
303.8
321.65
301.85
313.4
Basic EPS, GAAP
-1.94
-17.08
73.57
36.54
-12.51
-4.29
71.44
29.61
21.32
86.91
9.54
46.4
157.94
194.65
157.11
14.48
- -
Free Cash Flow per Basic Share
14.58
10.49
11.62
17.55
11.7
12.05
15.07
18.02
18.06
27.13
24.99
25
35
59.99
89.99
100.02
- -
Dividend per Share
369.3
390.56
405.53
419.82
435.71
464.14
558.48
612.95
678.77
739.56
824.5
931.24
1,094.41
1,337.94
1,569.24
1,771.06
- -
Book Value per Share
368.83
390.16
405.13
419.55
435.34
463.23
557.48
612.09
677.23
738.57
824.09
930.84
1,094.05
1,337.51
1,568.82
1,770.46
- -
Tangible Book Value per Share
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
Basic Weighted Avg Shares
5,353
5,698
5,068
4,448
5,169
5,633
6,023
6,308
8,210
8,524
6,885
11,218
13,762
16,094
19,247
21,457
22,739
Sales/Revenue/Turnover
14.46
6.82
6.63
3.54
2.91
6.08
9.03
9.82
10.65
12.46
9.99
11.97
16.31
19.51
18.52
16
15.31
Operating Margin (%)
75
83
77
71
72
60
58
60
72
90
89
79
97
114
132
146
148
Depreciation Expense
518
333
329
263
284
440
722
735
848
894
1,122
1,328
1,999
3,074
3,254
3,054
3,171
Net Income, GAAP
32.58
31.29
28.53
23.16
14.91
25.82
22.21
26.62
30.84
21.15
20.11
23.31
23.21
22.75
25.42
24.74
24.34
Effective Tax Rate (%)
9.67
5.84
6.49
5.91
5.5
7.81
11.99
11.65
10.33
10.49
16.3
11.84
14.53
19.1
16.91
14.23
13.94
Profit Margin (%)
2,592
2,542
2,188
2,002
2,041
2,529
2,227
2,454
2,769
2,580
2,951
4,004
3,978
3,988
5,521
6,146
- -
Working Capital
2
2
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
17
4
- -
- -
LT Debt
3,736
3,951
4,103
4,247
4,408
4,696
5,650
6,201
6,867
7,482
8,342
9,421
11,072
13,536
15,876
17,918
- -
Total Equity
14.78
8.74
8.25
6.28
6.55
5.61
8.59
7.96
9.28
11.71
7.01
11.36
16.72
19.71
18
15.24
- -
Return on Invested Capital (%)
14.78
8.74
8.25
6.36
6.62
9.73
14.04
12.4
12.98
12.46
14.24
15.03
19.58
25.08
22.16
18.12
- -
Return on Capital (%)
14.67
8.66
8.17
6.3
6.57
9.66
13.96
12.4
12.98
12.46
14.18
14.96
19.51
24.98
22.13
18.07
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
5
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
79,346
87,871
104,719

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
8,093
- -
Cash, Cash Equivalents & STI
- -
1,009
- -
Accounts Receivable, Net
- -
2,720
- -
Inventories
- -
3,897
- -
Total Current Liabilities
- -
1,947
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
5
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.41%
16.57%
12.86%
Free Cash Flow
-109.45%
108.01%
-90.78%
Net Income, GAAP
23.46%
24.47%
-6.15%
Sales/Revenue/Turnover
16%
26.73%
11.48%
Total Cash Common Dividend
25.98%
34.52%
11.15%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4,282
3,977
4,835
6,248
19,247
2026
4,236
4,826
6,303
6,172
21,457
2027
5,438
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
78.52
74.87
72.55
95.7
321.65
2026
78.63
77.94
97.94
47.35
301.85
2027
90.17
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
89.99
2026
- -
- -
- -
- -
100.02
2027
- -
- -
- -
- -
- -
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Business
Voltamp Transformers Limited manufactures a comprehensive range of transformers and related electrical equipment, including oil-filled power and distribution transformers up to 160 MVA in 220 KV class; dry-type transformers up to 12.5 MVA in 33 KV class, encompassing vacuum pressure impregnated (VPI) and cast resin variants; induction furnace transformers; compact substations up to 2.5 MVA in 33 KV class; ring main units rated at 12 KV and 630 Amps; and unitized substations, along with after-sales services such as maintenance, testing, repairs, overhaul, spares, asset management, and diagnostic services for transformers and electrical systems. The company serves diversified industries including power utilities, steel, cement, oil and gas, chemicals, petrochemicals, data centres, green energy, infrastructure, transportation, real estate, automobiles, textiles, and electronics, with a strong customer base comprising PSUs, MNCs, large cooperatives, and EPC firms such as Larsen & Toubro, Siemens, ABB, GE, and Technip, primarily in India and select overseas markets. Incorporated in 1967 in Vadodara, Gujarat, India, following the conversion of a partnership firm established in 1963, Voltamp operates four manufacturing facilities in Gujarat with a total installed capacity of 14,000 MVA and holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 accreditations, with NABL-accredited in-house testing labs. In recent developments, the company is executing a Rs200 crore capital expenditure program, fully funded internally, to expand power transformer capacity by 6,000 MVA through a new facility at Jarod, Vadodara, enabling production up to 250 MVA from the current 160 MVA limit, with operations slated to commence by July 2026; it reported FY25 revenue of Rs1,935 crore, up 20% year-over-year on 15,458 MVA volume sales exceeding capacity; and promoter Kunjal L Patel sold a 7.8% stake via block deal in September 2025, reducing holdings to 30%.