Voltamp Transformers Ltd is a Baroda based company and is mainly into manufacturing of various types of Oil filled Power & Distribution Transformers of various classes.
Q2 FY26 Earnings Results
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Revenue from Operations: ₹482.56 crore, up 21.33% YoY and 13.92% QoQ from ₹423.58 crore in Q1 FY26, marking a strong demand environment in the power infrastructure sector.
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Operating Profit (EBITDA excluding other income): ₹93.56 crore, up 24.8% YoY with an improved margin of 19.39%, driven by operational efficiency and capacity utilization gains.
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Net Profit (PAT): ₹78.85 crore, up 4.1% YoY, slightly down 0.88% QoQ, reflecting stable profitability despite cost inflation.
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Earnings per Share (EPS): ₹77.94, up 4.1% YoY.
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Operating cash flow was strong at ₹219 crore for FY25 despite some working capital build-up, with a net cash position of ₹932 crore with zero debt indicating financial strength.
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Fixed assets increased to ₹309 crore indicating ongoing investments in capacity expansion.
Management Commentary & Strategic Insights
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Management emphasized robust demand from utilities and renewable energy projects, supporting sustained revenue growth.
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The company is focusing on operational excellence with improved capacity utilization and cost control measures to sustain margin expansion.
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Raw material price volatility, especially in copper and electrical steel, remains a challenge but is being mitigated through pricing and supply chain strategies.
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Further order inflows and improving market dynamics are expected to support future growth and profitability.
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Strong institutional interest and consistent dividend payouts reinforce investor confidence.
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Outlook remains positive with government infrastructure spending expected to boost demand for transformers.
Q1 FY26 Earnings Results
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Revenue from Operations: ₹423.58 crore, down 1.07% YoY with some execution delays affecting top line.
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EBITDA: ₹72.7 crore, down 2.8% YoY and margin at 17.2%.
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Net Profit (PAT): ₹79.5 crore, up 1.27% YoY, with steady net profit margins despite slight revenue dip.
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Order book value at ₹938 crore with order inflows of ₹1,377 crore for the half-year period indicating healthy pipeline.
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Management remains confident of market opportunities, expecting full capacity utilization and improved financial performance in H2 FY26.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.