VOLTAMP TRANSFORMERS LIMITED

BSE: VOLTAMP532757ISIN INE540H01012

Industrials
Heavy Electrical Equipment
BSE 1000

Share price

₹10,015.35-30.70 (-0.31%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹12,825.55
52W low: ₹6,670.00
Off 52W high: -21.91%
1M return: -5.12%
3M return: -0.31%
6M return: +0.14%
1Y return: +35.97%
20D avg volume: 1,733
50 DMA: ₹10,609.51
200 DMA: ₹9,560.59

Key ratios Standalone

Market cap: ₹10,133 Cr
Current price: ₹10,015.35
52W high / low: ₹12,825.55 / ₹6,670.00
Face value: ₹10.00
P/E: 31.34
P/B: 7.15
EPS (TTM): ₹319.55
Book value / share: ₹1,400.75
ROE: 22.81%
ROCE: 22.30%
Operating margin: 16.62%
Net margin: 12.44%
Debt / equity: 0.00
Net debt: ₹-73.10 Cr
Interest cover: 280.86
Dividend yield: 1.00%
Dividend / share (TTM): ₹100.00
Payout: 31.29%
Cash conversion cycle: 110.6 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	684.19	543.78	617.23	630.32	482.56	423.58	624.81	483.52	397.74	428.15	504.16	408.48
	7.93	41.61	-10.06	26.14	14.76	35.69	17.00	6.85	32.05	28.79	23.24	24.80
	692.12	585.39	607.17	656.47	497.33	459.27	641.82	490.38	429.79	456.94	527.40	433.28
	582.62	467.50	540.09	526.59	393.13	354.62	512.48	388.20	326.26	355.68	408.02	306.89
	524.77	488.07	522.10	430.01	382.57	344.06	376.40	363.95	336.02	300.06	343.29	292.84
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	18.69	19.34	23.94	21.20	15.06	15.53	18.64	13.61	14.25	13.71	16.70	11.90
	0.43	0.45	0.32	0.22	0.60	0.31	0.42	0.34	0.34	0.34	1.25	0.28
	3.78	3.56	3.91	3.79	3.53	3.37	3.64	3.39	3.17	2.97	3.35	2.96
	38.96	33.96	36.82	35.50	32.85	28.59	32.86	28.34	27.75	25.87	33.48	19.84
	109.50	117.90	67.08	129.88	104.19	104.65	129.34	102.17	103.53	101.27	119.38	126.39
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	109.50	117.90	67.08	129.88	104.19	104.65	129.34	102.17	103.53	101.27	119.38	126.39
	24.41	26.67	19.18	30.80	25.34	25.10	32.51	28.77	27.78	21.82	25.85	31.78
	85.08	91.22	47.90	99.08	78.85	79.55	96.83	73.40	75.74	79.44	93.53	94.61
	84.10	90.17	47.35	97.94	77.94	78.63	95.70	72.55	74.87	78.52	92.45	93.52
Key metrics
	113.71	121.91	71.31	133.89	108.32	108.33	133.40	105.90	107.04	104.58	123.98	129.63
	16.60%	22.40%	11.60%	21.20%	22.40%	25.60%	21.40%	21.90%	26.90%	24.40%	24.60%	31.70%
	12.40%	16.80%	7.80%	15.70%	16.30%	18.80%	15.50%	15.20%	19.00%	18.60%	18.60%	23.20%
	5.80%	—	3.70%	—	6.30%	—	8.00%	—	—	—	—	—
	41.80%	28.40%	-1.20%	30.40%	21.30%	-1.10%	23.90%	18.40%	—	—	—	—
	7.90%	14.70%	-50.50%	35.00%	4.10%	0.10%	3.50%	-22.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,476	2,154	1,934	1,616	1,385	1,127
	65.62	66.54	84.70	88.98	40.08	42.95
	2,541	2,220	2,019	1,705	1,425	1,170
	2,117	1,814	1,583	1,307	1,165	996.95
	1,965	1,679	1,376	1,192	1,029	910.13
	0.00	0.00	0.00	—	—	—
	83.17	75.73	60.21	53.87	40.13	38.88
	1.42	1.45	1.45	2.08	0.89	0.80
	15.04	14.60	13.17	11.37	9.69	7.94
	145.24	133.76	114.82	109.67	81.44	72.05
	424.36	405.80	436.30	397.88	260.37	173.21
	0.00	0.00	0.00	—	—	—
	424.36	405.80	436.30	397.88	260.37	173.21
	101.06	100.41	110.89	90.52	60.42	40.37
	323.28	305.38	325.41	307.36	199.94	132.84
	319.56	301.85	321.65	303.80	197.63	131.30
Key metrics
	440.82	421.85	450.92	411.33	270.95	181.95
	17.81%	19.60%	23.30%	25.50%	19.60%	16.10%
	13.06%	14.20%	16.80%	19.00%	14.40%	11.80%
	—	22.30%	27.10%	—	—	—
	22.89%	11.30%	19.70%	16.70%	22.90%	—
	-1.63%	-6.20%	5.90%	53.70%	50.50%	—
	—	14.65	158.95	—	—	—
	—	0.46	0.67	—	—	—
	—	0.00	0.00	—	—	—
	—	-73.10	-38.60	—	—	—
	—	110.6	99.2	—	—	—
Balance sheet
	—	2,018	1,776	—	—	—
	—	809.27	712.54	—	—	—
	—	73.10	38.60	—	—	—
	—	272.05	292.60	—	—	—
	—	389.66	237.43	—	—	—
	—	32.41	6.33	—	—	—
	—	116.96	117.33	—	—	—
	—	8.62	4.22	—	—	—
	—	194.65	160.45	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	1,792	1,588	—	—	—
Cash flow
	—	139.71	219.21	—	—	—
	—	-0.98	-116.02	—	—	—
	—	-104.23	-93.81	—	—	—
	—	125.06	60.26	—	—	—

Compounded growth

Sales CAGR 3Y: +15.85%
Sales CAGR 5Y: —
Profit CAGR 3Y: +15.16%
Profit CAGR 5Y: —
Sales YoY (TTM): +22.89%
Profit YoY (TTM): -1.63%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 30.00%

Quarter	September 2026	June 2026
Promoter %	30.00%	30.00%

Holder	Type	Holding	Previous	Change
Kunjal Lalitkumar Patel	Promoter	30.00%	30.00%	0.00%
Hdfc Small Cap Fund	Public	6.69%	6.80%	-0.11%
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund	Public	6.35%	6.35%	0.00%
Nalanda India Equity Fund Limited	Public	6.00%	6.08%	-0.08%
Icici Prudential Manufacturing Fund	Public	4.78%	3.92%	+0.86%
Uti-Mid Cap Fund	Public	3.29%	2.86%	+0.43%
Dsp Small Cap Fund	Public	2.79%	2.57%	+0.22%
Mahindra Manulife Multi Cap Fund	Public	2.70%	—	—
Axis Max Life Insurance Limited A/C - Ulif01311/02/08lifehighgr104 - High Growth Fund	Public	1.73%	1.91%	-0.18%
Nalanda India Fund Limited	Public	1.70%	1.70%	0.00%
Mirae Asset Small Cap Fund	Public	1.24%	1.22%	+0.02%
The Prudential Assurance Company Limited	Public	1.04%	1.50%	-0.46%
Taral Kunjal Patel	Promoter Group	0.00%	0.00%	0.00%
Aayushi Kunjal Patel	Promoter Group	0.00%	0.00%	0.00%
Kunjal Lalitkumar Patel (HUF)	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Bharat Heavy Electricals Ltd.	1,47,639	424.00	51.29	6.50%	+29.08% TTM	+415.37% TTM	+58.68%
ABB India Limited S	1,43,123	6,754.00	46.67	—	+7.92% TTM	+66.43% TTM	+28.89%
CG Power and Industrial Solutions Limited	1,32,631	841.85	97.18	19.30%	+23.76% TTM	+28.33% TTM	+12.62%
HITACHI ENERGY INDIA LIMITED S	1,29,262	29,000.40	112.37	24.90%	+40.17% TTM	+127.73% TTM	+41.26%
Siemens Ltd.	1,25,176	3,515.00	42.11	20.80%	—	—	+12.74%
GE Vernova T&D India Limited S	1,09,206	4,265.10	76.00	58.50%	+41.34% TTM	+56.22% TTM	+35.57%
Siemens Energy India Limited S	1,05,412	2,960.00	70.85	26.10%	—	—	-8.69%
SUZLON ENERGY LTD.	51,481	37.45	22.79	27.00%	+33.90% TTM	-28.79% TTM	-37.58%
Thermax Ltd.	39,095	3,280.95	66.19	15.40%	+4.68% TTM	-11.68% TTM	+0.66%
SCHNEIDER ELECTRIC INFRASTRUCTURE LIMITED S	27,448	1,147.95	149.28	24.90%	+9.56% TTM	-29.50% TTM	+28.95%
TD Power Systems Ltd	23,403	728.05	85.10	30.30%	+54.29% TTM	+45.27% TTM	+77.57%
Azad Engineering Limited	16,664	2,580.35	119.64	11.50%	+28.72% TTM	+40.92% TTM	+55.76%
Triveni Turbine Limited	15,868	499.15	47.21	32.00%	+17.70% TTM	-1.90% TTM	-6.73%
KARAMTARA ENGINEERING LIMITED	12,315	382.65	—	—	+36.52% FY26	+64.18% FY26	—
Atlanta Electricals Limited	11,643	1,514.10	51.86	34.60%	—	—	+50.82%
QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED	11,249	1,452.55	50.36	27.30%	+89.92% TTM	+82.64% TTM	+50.72%
Inox Wind Limited	10,986	63.57	26.34	10.40%	+17.10% TTM	-14.81% TTM	-58.92%
VOLTAMP TRANSFORMERS LIMITED S	10,133	10,015.35	31.34	22.30%	+22.89% TTM	-1.63% TTM	+35.97%
Elecon Engineering Co.Ltd.	9,841	438.55	40.22	18.60%	+2.58% TTM	-52.69% TTM	-22.35%
Transformers and Rectifiers (India) Limited	9,527	317.40	30.44	25.40%	+27.23% TTM	+23.01% TTM	-24.26%
Kanohar Electricals Limited S	8,509	941.15	—	—	—	—	—
Skipper Limited	6,581	538.95	26.79	22.20%	+16.04% TTM	+47.75% TTM	+4.65%
Powerica Ltd.	6,316	499.05	—	11.20%	—	—	—
Transrail Lighting Limited	6,115	454.60	14.60	31.90%	+14.51% TTM	+0.35% TTM	-35.99%
GE Power India Limited	4,196	624.10	15.45	47.60%	+18.73% TTM	+9.86% TTM	+106.66%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Newspaper publication of Unaudited Financial Result for the quarter and half year ended September 30, 2026.30 Oct 2026 · Company Update / Newspaper Publication
Press Release in connection with the Financial Result for the quarter and half year ended September 30, 202629 Oct 2026 · Company Update / Press Release / Media Release
Outcome of the Board Meeting held on October 29, 202629 Oct 2026 · Board Meeting / Outcome of Board Meeting
Unaudited Financial Results for the quarter ended 30.09.202629 Oct 2026 · Result / Financial Results
Voltamp Transformers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/10/2026 ,inter alia, to consider and approve the Unaudited Financial ....21 Oct 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (DP) Regulation, 201810 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Commencement of Commercial Production at the New Manufacturing Plant7 Oct 2026 · Company Update / General
Intimation of Trading Window Closure Period.24 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of Credit Rating as affirmed by CARE Ratings Limited12 Aug 2026 · Company Update / Credit Rating
Intimation of Schedule of Analyst / Institutional Investor Meet6 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper publication of Unaudited Financial Results for the quarter ended June 30, 2026.1 Aug 2026 · Company Update / Newspaper Publication
Voting Result pursuant to clause 44(3) of the SEBI LODR Regulation 2015 and Report of Scrutinizer31 Jul 2026 · AGM/EGM / AGM
Proceedings of the 59th Annual General Meeting of the Company.31 Jul 2026 · AGM/EGM / AGM
Press Release in connection with the Financial Results for the quarter ended June 30, 2026.31 Jul 2026 · Company Update / Press Release / Media Release
Unaudited Financial Result of the Company for the quarter ended June 30, 2026.31 Jul 2026 · Result / Financial Results
Outcome of the Board Meeting held on July 31, 202631 Jul 2026 · Board Meeting / Outcome of Board Meeting
Voltamp Transformers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2026 ,inter alia, to consider and approve Unaudited Financial Results ....23 Jul 2026 · Board Meeting / Board Meeting
Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018.11 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Newspaper publication of 59th Annual General Meeting, Record date for dividend and E-voting information8 Jul 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report for the FY: 2025-267 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Annual Report of 59th Annual General Meeting (AGM) for the F.Y. 2025-267 Jul 2026 · Others / Reg. 34 (1) Annual Report
Intimation of Record date under Regulation 42 of SEBI (LODR) Regulation, 2015.7 Jul 2026 · Corp. Action / Record Date
Notice of 59th Annual General Meeting7 Jul 2026 · AGM/EGM / AGM
Intimation for Closure of Trading Window Period26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of Schedule of Analyst / Institutional Investor Meet4 Jun 2026 · Company Update / Analyst / Investor Meet
Intimation of Schedule of Analyst / Institutional Investor Meet20 May 2026 · Company Update / Analyst / Investor Meet
Newspaper Advertisement on notice of transfer of shares of the Company to IEPF.20 May 2026 · Company Update / Newspaper Publication
Newspaper publication of Notice to Shareholders12 May 2026 · Company Update / Newspaper Publication
Annual Secretarial Compliance Report for the year ended March 31, 2026.8 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Newspaper publications of Audited Financial Results of the Company for the quarter and year ended March 31, 2026.6 May 2026 · Company Update / Newspaper Publication
Press Release issued in connection with the Financial Results for the quarter and year ended March 31, 2026.5 May 2026 · Company Update / Press Release / Media Release
The Board has declared dividend on Equity Shares @1000% i.e. Rs.100/- per equity share of Rs.10/- each for the year ended March 31, 2026.5 May 2026 · Corp. Action / Dividend
Outcome of the Board Meeting held on May 05, 20265 May 2026 · Board Meeting / Outcome of Board Meeting
Audited Financial Result of the Company for the quarter and year ended March 31, 20265 May 2026 · Result / Financial Results
Voltamp Transformers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/05/2026 ,inter alia, to consider and approve 1. Audited Financial ....28 Apr 2026 · Board Meeting / Board Meeting
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''> <tr> <td>Sr. No.</td> <td>Particulars</td> ....25 Apr 2026 · Others / Format of the Annual Disclosure to be made by an entity identified as a LC : Annexure B2
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....25 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations, 20189 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Trading Window Closure Period24 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper publication of Unaudited Financial Result for the quarter and nine months ended 31.12.20256 Feb 2026 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 100.0000	24 Jul 2026	24 Jul 2026	—
Final Dividend - Rs. - 100.0000	22 Jul 2025	22 Jul 2025	—
Final Dividend - Rs. - 90.0000	22 Jul 2024	—	—

Board meetings

29 Oct 2026 Board Meeting - Financial Results
31 Jul 2026 Board Meeting - Financial Results