Voltamp Transformers Limited

NSE: VOLTAMP · Capital Goods

₹9,731.00-2.09%06 Nov 2026

Ask the data

Instant answers about Voltamp Transformers Limited — computed from its filings, no language model

Market cap₹9,845 cr

Current price₹9,731.00

High / Low₹12,520 / ₹6,778

P/E30.5

P/B5.27

Book value₹1,845.3

ROE17.3%

ROCE22.8%

Debt / equity0.00

Dividend yield1.03%

EPS (TTM)₹319.54

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 8 periods

	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	829	859	692	1,127	1,385	1,616	1,934	2,154
EBITDA	94	108	77	139	231	322	366	355
Operating margin	11.3%	12.6%	11.1%	12.3%	16.7%	19.9%	18.9%	16.5%
Interest	0	0	0	1	1	2	1	1
Depreciation	7	9	9	8	10	11	13	15
Profit before tax	123	113	140	173	260	398	436	406
Tax	38	24	28	40	60	91	111	100
Net profit	0	89	112	133	200	307	325	305
EPS ₹	83.86	88.34	110.92	131.30	197.63	303.80	321.65	301.85
Operating cash flow	—	—	—	66	168	216	219	140
Capex	—	—	—	19	8	19	60	125
Dividend paid	—	—	—	25	35	61	91	101
Total assets	—	—	—	—	1,223	1,521	1,776	2,018
Equity	—	—	—	—	1,107	1,354	1,588	1,792

Quarterly performance

last 36 quarters · ₹ crore

showing latest 8 of 36 periods

	MAR '17	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	256	220	166	189	215	259	187	195	251	225	72	160	176	284	162	263	315	387	270	318	357	440	322	381	408	504	428	398	484	625	424	483	630	617	544	684
Operating profit	32	29	16	19	24	34	21	21	30	36	3	22	16	33	6	31	34	67	36	46	55	93	48	69	105	101	76	75	99	116	73	94	108	81	80	106
Operating margin	12.3%	13.2%	9.9%	10.1%	11.2%	13.3%	11.0%	10.7%	12.1%	15.9%	4.0%	13.7%	9.4%	11.6%	4.0%	11.9%	10.9%	17.2%	13.4%	14.6%	15.5%	21.1%	14.9%	18.0%	25.7%	20.0%	17.7%	18.9%	20.5%	18.6%	17.1%	19.4%	17.1%	13.2%	14.8%	15.5%
Other income	8	4	7	6	10	14	7	10	13	-15	22	16	26	11	13	14	8	8	-0	16	14	11	23	18	25	23	29	32	7	17	36	15	26	-10	42	8
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	0	0	0	0	0	1	0	0	0	0
Depreciation	2	2	1	2	2	2	2	2	2	3	2	2	2	2	2	2	2	2	2	2	3	3	2	3	3	3	3	3	3	4	3	4	4	4	4	4
Profit before tax	37	31	22	23	32	46	25	29	41	19	23	35	41	41	18	43	40	72	33	60	66	101	68	84	126	119	101	104	102	129	105	104	130	67	118	110
Tax	12	11	7	8	9	14	9	3	6	7	4	6	9	10	2	8	10	20	7	14	16	24	18	15	32	26	22	28	29	33	25	25	31	19	27	24
Net profit	0	0	0	0	0	0	17	0	35	12	19	30	32	31	16	35	30	52	27	46	51	77	51	68	95	94	79	76	73	97	80	79	99	48	91	85
EPS ₹	24.80	19.87	14.87	15.22	22.00	31.80	16.72	25.61	34.63	11.40	19.07	29.46	31.68	30.70	15.60	34.67	29.77	51.26	26.37	45.40	50.17	75.68	50.19	67.65	93.52	92.45	78.52	74.87	72.55	95.70	78.63	77.94	97.94	47.35	90.17	84.10
Revenue YoY	—	-14.1%	—	—	—	17.9%	12.9%	3.1%	16.8%	-13.0%	-61.4%	-17.8%	-30.1%	26.2%	123.7%	64.2%	79.2%	36.3%	66.9%	20.7%	13.5%	13.6%	19.3%	20.1%	14.3%	14.6%	32.9%	4.3%	18.4%	23.9%	-1.1%	21.3%	30.4%	-1.2%	28.4%	41.8%
Profit YoY	—	—	—	—	—	—	—	—	—	—	14.2%	—	-8.5%	169.2%	-18.1%	17.7%	-6.1%	67.0%	69.0%	31.0%	68.6%	47.6%	90.3%	49.0%	86.4%	22.1%	56.4%	10.7%	-22.4%	3.5%	0.1%	4.1%	35.0%	-50.5%	14.7%	7.9%

Earlier results (standalone, Sep '07 – Dec '16)

₹ crore · from BSE, before the NSE XBRL filings begin

Voltamp Transformers Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†
Revenue	643	542	526	570	516	445	517	563
Operating profit	150	106	67	42	34	15	20	37
Operating margin	23.3%	19.5%	12.7%	7.4%	6.6%	3.4%	3.8%	6.6%
Other income	24	23	18	15	20	27	21	28
Interest	0	1	1	1	0	0	0	0
Depreciation	4	6	7	8	8	7	7	6
Profit before tax	169	103	77	48	43	34	33	59
Tax	54	21	25	15	10	8	5	15
Net profit	115	83	52	33	33	26	28	44

Quarters

showing latest 8 of 38 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†
Revenue	148	143	135	170	170	136	167	104	111	144	182	119	124	134	149	94	136	146	195	100	111	130	175	93	98	109	144	83	134	129	170	87	133	140	204	115	161	105
Operating profit	28	33	33	34	38	41	36	16	20	33	37	13	13	14	27	9	12	4	17	4	5	9	17	4	1	2	8	4	3	4	9	2	6	11	18	7	12	10
Operating margin	18.7%	22.9%	24.7%	20.2%	22.3%	30.3%	21.7%	15.6%	17.9%	22.7%	20.3%	10.9%	10.1%	10.8%	18.0%	9.4%	9.2%	2.8%	8.5%	3.9%	4.5%	6.5%	9.6%	3.8%	1.4%	2.2%	5.3%	4.9%	1.9%	3.4%	5.1%	2.8%	4.1%	8.0%	9.0%	6.0%	7.3%	9.5%
Other income	3	2	3	3	4	7	9	7	6	4	5	5	5	5	4	6	3	3	3	6	4	4	7	9	5	6	7	6	5	4	6	6	5	6	10	6	16	11
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	1	1	1	1	1	1	1	1	1	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	1	1	1	1	2	1	1	2
Profit before tax	30	33	35	36	41	47	44	22	17	24	40	16	15	17	29	13	13	5	17	8	7	7	21	11	4	6	13	8	6	6	13	7	9	16	27	12	26	19
Tax	11	11	14	13	14	13	14	7	0	0	13	5	6	5	10	4	4	1	6	2	2	0	6	3	0	1	4	1	1	2	1	1	2	4	8	2	5	4
Net profit	19	23	22	23	27	34	30	15	17	24	26	11	9	13	19	9	9	4	11	6	5	7	15	8	4	5	10	7	5	5	12	6	7	12	19	9	21	15
EPS ₹	18.30	22.46	21.38	22.91	27.01	33.71	29.85	14.68	16.95	23.80	26.15	10.58	9.21	12.64	18.75	9.17	9.29	3.50	10.92	5.64	4.79	7.33	14.75	7.88	3.92	4.78	9.41	6.65	4.84	4.55	12.04	6.35	6.70	11.43	18.98	8.99	20.72	15.09
Revenue YoY	—	—	—	—	14.8%	-4.5%	23.2%	-38.8%	-34.6%	5.9%	9.4%	14.5%	11.8%	-7.5%	-18.2%	-21.1%	9.0%	8.9%	30.6%	5.8%	-18.2%	-10.6%	-10.1%	-6.7%	-11.6%	-15.9%	-17.4%	-10.3%	37.2%	18.1%	17.6%	4.5%	-1.3%	8.1%	20.0%	32.1%	21.1%	-24.6%
Profit YoY	—	—	—	—	47.6%	50.0%	39.6%	-35.9%	-37.2%	-29.4%	-12.4%	-27.9%	-45.7%	-46.9%	-28.3%	-13.4%	0.9%	-72.3%	-41.8%	-38.5%	-48.5%	109.6%	35.1%	39.6%	-18.0%	-34.9%	-36.2%	-15.6%	23.4%	-4.6%	27.9%	-4.5%	38.4%	150.8%	57.7%	41.4%	209.1%	32.1%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 32 periods

	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	15.8%	17.9%	18.1%	20.2%	21.1%	24.9%	22.7%	24.8%	24.2%	22.7%	20.5%	20.5%	20.0%	21.5%	17.0%	17.7%	17.3%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	21.0%	23.7%	23.6%	26.8%	27.5%	32.6%	29.5%	32.0%	31.9%	30.2%	27.6%	27.8%	26.9%	28.6%	22.7%	23.5%	22.8%
Net margin	0.0%	0.0%	2.0%	2.0%	5.8%	7.4%	8.9%	13.5%	14.6%	16.2%	13.9%	12.9%	10.9%	11.8%	11.6%	12.0%	13.2%	14.4%	15.6%	16.4%	18.7%	19.0%	19.5%	19.7%	17.8%	16.8%	16.9%	16.3%	16.4%	14.2%	13.9%	13.1%
EBITDA margin	11.2%	11.3%	11.5%	11.7%	11.9%	12.6%	12.1%	12.8%	12.2%	10.7%	10.0%	9.9%	10.3%	12.3%	13.6%	14.2%	15.4%	16.7%	16.9%	17.7%	20.3%	19.9%	20.3%	20.5%	19.3%	18.9%	18.8%	18.9%	18.1%	16.5%	16.0%	15.2%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest coverage	154.51	286.28	452.82	880.00	—	—	—	—	—	—	—	844.24	348.76	271.64	215.41	226.29	261.22	293.55	332.91	320.36	358.87	192.28	198.56	204.87	188.81	303.99	312.83	264.68	302.97	280.86	264.55	299.85
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1.14	1.18	1.13	1.18	1.12	1.16	1.06	1.13	1.08	1.13	1.09	1.09	1.06	1.14	1.07	1.13	1.12

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	10	10	10	10	10	10	10	10	10
Other equity / reserves	969	1,097	1,156	1,344	1,407	1,578	1,635	1,782	1,857
Total equity	980	1,107	1,166	1,354	1,418	1,588	1,645	1,792	1,867
Borrowings	0	0	0	0	0	0	0	0	0
Current liabilities	138	102	158	147	163	160	224	195	314
Non-current liabilities	13	13	17	20	26	28	32	32	36
Total assets	1,131	1,223	1,340	1,521	1,606	1,776	1,901	2,018	2,216
Property, plant & equipment	64	67	72	76	76	117	113	117	141
Capital work-in-progress	3	0	0	1	9	3	37	108	172
Investments	587	718	809	922	995	1,056	1,047	995	1,020
Inventories	311	175	206	226	314	237	363	390	545
Receivables	113	226	207	239	161	293	260	272	236
Cash & equivalents	10	18	9	29	8	39	29	73	22

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	66	168	216	219	140
Cash from investing	-46	-127	-141	-116	-1
Cash from financing	-26	-36	-63	-94	-104
Capex	19	8	19	60	125
Free cash flow	47	160	197	159	15
Dividends paid	25	35	61	91	101

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹141 cr6%

CWIP

₹172 cr8%

Investments

₹1,020 cr46%

Inventories

₹545 cr25%

Receivables

₹236 cr11%

Cash & equivalents

₹22 cr1%

Other assets

₹81 cr4%

Peer comparison

largest in Capital Goods · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Hindustan Aeronautics Ltd.	3,33,052	4,980.00	35.7	8.12	22.7%
Bharat Electronics Ltd.	2,89,468	396.00	45.2	11.02	24.4%
Tata Motors Ltd.	1,56,797	425.50	24.8	10.26	41.3%
Bharat Heavy Electricals Ltd.	1,45,828	418.80	50.7	5.45	10.8%
ABB India Ltd.	1,43,541	6,774.00	55.7	15.37	27.6%
Siemens Ltd.	1,26,736	3,560.00	28.2	8.02	28.4%
Hitachi Energy India Ltd.	1,23,988	27,800.00	107.8	23.95	22.2%
CG Power and Industrial Solutions Ltd.	1,21,786	773.00	89.1	13.94	15.6%
Polycab India Ltd.	1,18,610	7,871.00	37.6	9.06	24.1%
Cummins India Ltd.	1,12,233	4,048.80	49.8	13.52	27.1%
Voltamp Transformers Limited	9,845	9,731.00	30.5	5.27	17.3%

StoxGud checklist: Bullish setup · 8/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-7.4%

6 months+1.0%

1 year+35.0%

3Y CAGR+21.9%

5Y CAGR+43.2%

10Y CAGR+28.2%

50-day avg₹10,560.26

200-day avg₹9,588.66

RSI (14)34

FAQs

What is the share price of Voltamp Transformers Limited?

Voltamp Transformers Limited (VOLTAMP) closed at ₹9,731.00 on NSE on 06 Nov 2026.

What is the market cap of Voltamp Transformers Limited?

₹9,845 crore at the latest close.

What is the P/E ratio of Voltamp Transformers Limited?

30.5, on trailing-twelve-month earnings from its filings.

How fast is Voltamp Transformers Limited growing?

Voltamp Transformers Limited: revenue has compounded at 15.9% a year over three years; net profit at 15.2% a year. Latest-quarter revenue is up 41.8% year on year, profit up 7.9%.

How profitable is Voltamp Transformers Limited?

On a trailing-twelve-month basis return on equity is 17.3%, return on capital employed 22.8%, operating margin 15.2%, net margin 13.1%.

How much debt does Voltamp Transformers Limited have?

Voltamp Transformers Limited is debt-free: debt to equity is 0.00 with borrowings of ₹0 cr against cash of ₹22 cr (balance sheet of 2026-09-30). Operating profit covers interest 299.8 times.

Financials parsed from Voltamp Transformers Limited's own XBRL filings to NSE (standalone), ₹ crore unless marked. Quarterly from MAR '17, annual from FY19, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.