Is Voltamp Transformers Ltd (VOLTAMP) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Voltamp Transformers Ltd is a good quality company .

Is Voltamp Transformers Ltd (VOLTAMP) undervalued or overvalued?

The key valuation ratios of Voltamp Transformers Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Voltamp Transformers Ltd (VOLTAMP) share price return in the past 10 years?

Voltamp Transformers Ltd share price has appreciated 28.7% annually (CAGR) over the past ten years.

Is Voltamp Transformers Ltd (VOLTAMP) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Voltamp Transformers Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the share price of Voltamp Transformers Ltd (VOLTAMP)?

Company share prices are keep on changing according to the market conditions. The current trading price of Voltamp Transformers Ltd (VOLTAMP) on 17-Apr-2026 16:59:59 at 16:59 is 10139.25.

What is the market cap of Voltamp Transformers Ltd (VOLTAMP)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 17-Apr-2026 at 16:59, the market cap of Voltamp Transformers stood at Rs. 10258.00 Cr.

What is the P/E ratio of Voltamp Transformers?

The latest standalone P/E ratio of Voltamp Transformers as of 17-Apr-2026 is 28.95.

What is the P/B ratio of Voltamp Transformers Ltd (VOLTAMP)?

The latest standalone P/B ratio of Voltamp Transformers Ltd (VOLTAMP) as of 17-Apr-2026 is 5.88.

What is the 52-week high and low of Voltamp Transformers Ltd (VOLTAMP)?

The 52-week high of Voltamp Transformers Ltd (VOLTAMP) is Rs. 10212.95 and the 52-week low is Rs. 6670.00.

What is the TTM revenue of Voltamp Transformers Ltd (VOLTAMP)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Voltamp Transformers is Rs. 2161.28 (Cr.).

Voltamp Transformers Ltd (VOLTAMP) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Voltamp Transformers Ltd (VOLTAMP)
Brand: Voltamp Transformers

10 Year X-Ray :

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	13.1%	18%	17%	18.9%	15.9%	17.8%	19.6%	25.5%	32.5%	29.8%	-
Value Creation Index ⓘ	-0.1	0.3	0.2	0.4	0.1	0.3	0.4	0.8	1.4	1.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	563	611	639	829	859	692	1,127	1,385	1,616	1,934	2,161
Sales YoY Gr.	-	8.5%	4.6%	29.8%	3.6%	-19.4%	62.8%	22.9%	16.7%	19.7%	-
Adj EPS ⓘ	36.4	67.9	69.1	81.9	92.6	93.1	126.1	194.5	296	315.4	350.2
YoY Gr.	-	86.6%	1.8%	18.5%	13.1%	0.5%	35.5%	54.2%	52.2%	6.6%	-
BVPS (₹) ⓘ	464.1	558.5	613	678.8	739.6	824.5	931.2	1,094.4	1,338	1,569.2	1,723.6
Adj Net Profit ⓘ	36.8	68.7	69.9	82.9	93.7	94.2	128	197	299	319	354
Cash Flow from Ops. ⓘ	-1.2	78.1	42.6	32.5	108	19.6	65.6	168	216	219	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	14.7%	17.6%	19.7%	19.7%
Adj EPS ⓘ	27.1%	27.8%	35.8%	6.6%
BVPSⓘ	14.5%	16.2%	19%	17.3%
Share Price	28.7%	57.5%	53.7%	39.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	8.1	13.3	11.8	12.7	13.1	11.9	14.4	19.2	24.3	21.7	21.3
Op. Profit Mgn % ⓘ	6.7	9.9	10.5	11.4	13.3	11.2	12.3	16.7	19.9	18.9	18.1
Net Profit Mgn % ⓘ	6.5	11.3	11	10	10.9	13.6	11.3	14.2	18.5	16.5	16.4
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	147	140	146	126	129	167	122	110	103	99	58
Cash Conv. Cycle ⓘ	133	129	133	115	115	145	111	105	96	92	42

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 19.72%

Net Profit is growing at healthy rate in last 3 years 35.76%

Sales growth is good in last 4 quarters at 18.64%

Return on Equity has declined versus last 3 years average to 21.30%

	Standalone	Consolidated
TTM EPS (₹)	350.2	-
TTM Sales (₹ Cr.)	2,161	-
BVPS (₹) ⓘ	1,723.6	-
Reserves (₹ Cr.) ⓘ	1,734	-
P/BV ⓘ	5.88	-
PE ⓘ	28.95	-

From the Market
52 Week Low / High (₹)	6670.00 / 10212.95
All Time Low / High (₹)	265.00 / 14800.00
Market Cap (₹ Cr.)	10,258
Equity (₹ Cr.)	10.1
Face Value (₹)	10
Industry PE ⓘ	58.6

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	563	611	639	829	859	692	1,127	1,385	1,616	1,934
Operating Expenses ⓘ +	526	551	571	735	754	615	988	1,154	1,294	1,568
Manufacturing Costs	149	137	145	204	220	171	282	299	414	422
Material Costs	324	359	369	467	451	378	620	764	763	1,020
Employee Cost	21	22	24	29	33	33	39	40	54	60
Other Costs ⓘ	31	33	33	34	50	33	47	51	62	66
Operating Profit ⓘ	37	60	67	94	105	77	139	231	322	366
Operating Profit Margin (%)	6.6%	9.9%	10.5%	11.4%	12.2%	11.2%	12.3%	16.7%	19.9%	18.9%
Other Income ⓘ +	28	39	39	36	18	72	43	40	89	85
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0	1	1	1	1	1	1	1	2	1
Depreciation ⓘ	6	6	6	7	9	9	8	10	11	13
Profit Before Tax ⓘ	59	93	100	123	113	140	173	260	398	436
Tax ⓘ	15	21	27	38	24	28	40	60	91	111
Profit After Tax	44	72	73	85	89	112	133	200	307	325
PAT Margin (%)	7.8%	11.8%	11.5%	10.2%	10.4%	16.2%	11.8%	14.4%	19.0%	16.8%
Adjusted EPS (₹)	43.5	71.4	72.6	83.9	88.3	110.9	131.3	197.6	303.8	321.7
Dividend Payout Ratio (%)	29%	21%	21%	27%	28%	23%	27%	30%	30%	31%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	470	565	620	687	748	834	942	1,107	1,354	1,588
Share Capital ⓘ	10	10	10	10	10	10	10	10	10	10
Reserves ⓘ	459	555	610	677	738	824	932	1,097	1,343	1,578
Debt +	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	4	2	1	1	7	7	2	3	8	4
Others Liabilities ⓘ	45	46	48	63	59	75	117	112	159	184
Total Liabilities ⓘ	518	613	670	751	814	916	1,061	1,223	1,521	1,776
Fixed Assets
Net Fixed Assets ⓘ +	39	38	43	48	58	53	62	67	77	118
Gross Block	102	44	55	67	84	87	102	117	137	190
Accumulated Depreciation	63	6	12	19	26	34	40	50	60	72
CWIP ⓘ	0	1	3	0	1	8	8	0	1	3
Investments ⓘ	220	313	352	381	454	492	561	718	922	1,056
Inventories	95	83	97	108	116	127	209	175	226	237
Trade Receivables	149	154	144	177	150	171	190	226	239	293
Cash Equivalents	2	4	8	11	6	25	13	18	29	39
Others Assets ⓘ	14	20	23	25	30	39	17	18	28	30
Total Assets ⓘ	518	613	670	751	814	916	1,061	1,223	1,521	1,776

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-1	78	43	32	108	20	66	168	216	219
PBT ⓘ	59	93	100	123	113	140	173	260	398	436
Adjustment ⓘ	-8	-27	-25	-23	2	-62	-32	-24	-71	-65
Changes in Working Capital ⓘ	-38	33	-4	-31	22	-36	-37	-7	-24	-50
Tax Paid ⓘ	-14	-21	-28	-37	-30	-24	-39	-62	-86	-102
Cash Flow From Investing Activity ⓘ +	12	-60	-20	-11	-86	21	-46	-127	-141	-116
Capex	-3	-6	-13	-11	-19	-10	-18	-7	-18	-60
Net Investments	1	-66	-20	-11	-79	20	-42	-135	-141	-89
Others ⓘ	14	12	13	11	13	11	15	16	17	33
Cash Flow From Financing Activity ⓘ +	-12	-16	-18	-18	-27	-26	-26	-36	-63	-94
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	-1	-0	-0	-0	-1	-1	-1	-2	-1
Dividend Paid ⓘ	-10	-15	-18	-18	-27	-25	-25	-35	-61	-91
Others ⓘ	-2	0	0	0	0	0	0	-0	-1	-1
Net Cash Flow ⓘ	-2	2	4	3	-5	14	-7	4	12	9

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	9.66	13.96	12.4	12.98	12.46	14.18	14.96	19.51	24.98	22.13
ROCE (%)	13.12	18.04	16.99	18.86	15.9	17.83	19.59	25.5	32.51	29.77
Asset Turnover Ratio	1.22	1.18	1.02	1.17	1.1	0.8	1.14	1.21	1.18	1.17
PAT to CFO Conversion(x)	-0.02	1.08	0.59	0.38	1.21	0.18	0.5	0.84	0.7	0.67
Working Capital Days
Receivable Days	87	83	84	71	69	85	58	55	53	50
Inventory Days	52	48	50	45	47	64	55	51	45	44
Payable Days	10	3	2	1	3	7	3	1	3	2

About Voltamp Transformers Ltd

Voltamp Transformers Ltd. was initially incorporated as private limited company and established in year 1967 in Vadodara. Further, by a special resolution passed by the shareholders under section 31 and 44 of the Companies Act, 1956, the Company has been converted from private limited to public limited company with effect from 22.02.2006.

The Company has installed facility to manufacture oil filled power and distribution transformers up to 160MVA, 220kV class, resin impregnated dry type transformers up to 5 MVA, 11kv class (in technical collaboration with MORA, GERMANY) and cast resin dry type transformers up to 12.5 MVA, 33 kV class (in technical collaboration with HTT, GERMANY). There are two plants located at;

1. Makarpura, Vadodara , Gujarat for Power Transformers and 2. Village Vadadla, Tehsil Savli, Dist. Vadodara, Gujarat for Distribution and Dry Type Transformers. We have started this new unit at Savli for manufacturing of Oil filled distribution transformers and dry type transformers.

The company receives orders from various government and semi-government projects, refineries, fertilizer plants, various other industries and state electricity boards. Many of these transformers are specified by consulting engineering companies.Besides India, the company has presence in Nepal, Bhutan, Indonesia, Sri Lanka and Middle East Asia.

The company has received an ISO 9001 certification from KPMG Peat Marwick LLP, USA for its quality management.

Products

Oil filled transformers- Under this category company manufactures power and distribution transformers.

Cast resin(dry type) transformers- Under this, the company manufacture cast resin power and distribution transformers, converter transformers, transformers with On Load Tap Changers (OLTC), motor - starting transformers, testing transformers, etc.

Unitised sub-station- The company manufactures HT Switchgear, Transformer and LT Switchgear and associated equipments to form a composite compartmentalised unitised sub-station.

Induction Furnace â€“ It also manufactures Induction Furnace, which has coil constructed from heavy copper tubing. It is designed and tuned to the inverter circuit which applies a medium frequency (generally 500 Hz or 1000 Hz) voltage to the Induction coil. The magnetic field produced by the induction coil induces eddy currents in the charge and heats it. Medium frequency is necessary to enhance the rate of heat generation.

The company also provides services related to all aspects of assembly, commissioning, maintenance repairing and trouble shooting of transformers.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Voltamp Transformers Ltd (VOLTAMP) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Voltamp Transformers Share Price