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Voltamp Transformers Limited

Voltamp Transformers Limited

VOLTAMP.BO
Voltamp Transformers LimitedIN flagBombay Stock Exchange
9,699.85
INR
-153.75
- -
98.10BMarket Cap
Voltamp Transformers Limited
VOLTAMP.BO
(Bombay Stock Exchange)

Recent

price

9,699.85

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
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
1,911.86
2,128.76
2,128.83
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
301.86
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
10
10
20.01
19.47
20.54
24.25
118.44
172.92
238.7
299.6
384.49
491.2
654.51
898.04
1,129.35
10
10
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
1,568.84
1,770.47
1,770.52
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
19,342
21,537
21,537
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
18.25
15.82
15.82
Operating Margin (%)
75
83
77
71
72
60
58
60
72
90
89
79
97
114
132
146
146
Depreciation Expense
518
333
329
263
284
440
722
735
848
894
1,122
1,328
1,999
3,074
3,254
3,054
3,054
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
24.74
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
16.82
14.18
14.18
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
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
17,918
Total Equity
14.78
6.94
5.96
2.89
2.95
5.61
8.23
7.68
9.24
11.67
6.94
11.56
16.8
19.68
17.85
15.14
15.14
Return on Invested Capital (%)
510.66
325.51
217.53
133.06
141.67
195.55
100.59
49.86
40.75
32.82
32.57
30.13
34.62
39.26
31.75
53.05
53.05
Return on Capital (%)
511.81
328.91
216.72
131.64
140.4
194.11
100.04
49.86
40.75
32.82
32.43
29.99
34.5
39.14
31.73
52.99
52.99
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
13
- -
5
LT Borrowings
- -
- -
- -
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
- -
10
Market Capitalization
73,118
79,345
87,868

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
6,957
- -
8,093
Cash, Cash Equivalents & STI
589
- -
1,148
Accounts Receivable, Net
2,604
- -
2,720
Inventories
3,628
- -
3,897
Total Current Liabilities
2,245
- -
1,947
Payables & Accruals
- -
- -
- -
ST Debt
13
- -
5
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

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
16.05%
26.82%
11.35%
Total Cash Common Dividend
25.98%
34.52%
11.15%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,222
3,814
4,085
4,974
16,094
2025
4,282
3,977
4,835
6,248
19,342
2026
4,236
4,826
6,303
6,172
21,537

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
50.19
67.65
93.52
- -
303.8
2025
78.52
74.87
72.55
95.7
321.65
2026
78.63
77.94
97.94
47.35
301.85

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
59.99
2025
- -
- -
- -
- -
89.99
2026
- -
- -
- -
- -
100.02
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Business
Voltamp Transformers Limited manufactures a wide range of energy-efficient transformers and related electrical equipment for power utilities, industrial applications, and infrastructure projects primarily in India. The company produces oil-filled power and distribution transformers up to 120 MVA in 11 kV to 220 kV voltage class; dry-type transformers up to 10 MVA in 3.3 kV to 33 kV voltage class including vacuum pressure impregnated and cast resin variants with technology from HTT Germany; compact substations up to 2.5 MVA in 33 kV class; ring main units at 12 kV 630 amps; and offers comprehensive services including maintenance, testing, repairs, overhaul, spares, and asset management through its pan-India service business unit. Voltamp serves diverse sectors such as power, steel, cement, oil and gas, chemicals, petrochemicals, data centers, and green energy, supplying to PSUs, MNCs, EPC firms like Larsen & Toubro and Siemens, and state electricity boards with over 70,000 installations. Incorporated in 1967 in Vadodara, Gujarat, following the 1963 founding of predecessor Voltamp Corporation, the company operates four manufacturing facilities in the state with total installed capacity of 14,000 MVA and holds ISO 9001:2015, 14001:2015, and 45001:2018 accreditations along with NABL-accredited testing labs. Recent developments include securing a Rs 149 crore order from Gujarat Energy Transmission Corporation in October 2025 for power transformers; amassing new orders worth Rs 1,377 crore since April 2025 with an opening order book of Rs 938 crore as of late 2025; and progressing construction of a new greenfield power transformer facility near Vadodara with 6,000 MVA initial capacity for up to 250 MVA 220 kV units, funded by Rs 200 crore internal accruals and slated for completion by mid-2026.