TickerSutra

NSE: VOLTAMP · BSE: 532757 · ISIN INE540H01012

Voltamp Transformers Limited stock analysis

Voltamp Transformers Limited ranks #857 in the TickerSutra evidence-ranked universe with a score of 59/100 and 95% data confidence. The latest captured fundamentals show ROCE of 23.5%, quarterly sales growth of 28.4% and quarterly profit growth of 14.7%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE59/100

Monitor only

#857 of 5,430 ranked equities
Market capitalisation₹11,468.02cr
ROCE23.5%
Quarterly sales growth28.4%
Quarterly profit growth14.7%
P/E ratio36.2×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • ROCE is 23.5%
  • Low debt/equity of 0×
  • 15.9% three-year sales CAGR
  • Institutional ownership is rising
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • CFO/EBITDA is below 0.6×

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹1,127cr₹139cr₹133cr12.0%
2023₹1,385cr₹231cr₹200cr17.0%
2024₹1,616cr₹322cr₹307cr20.0%
2025₹1,934cr₹366cr₹325cr19.0%
2026₹2,154cr₹355cr₹305cr16.0%
TTM₹2,274cr₹363cr₹317cr16.0%
Debt / equity0.00×
CFO / EBITDA0.39×
Operating margin16.0%
Free cash flow₹15cr
Sales CAGR · 3Y15.9%
Profit CAGR · 3Y15.1%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts0 routine filings
No current exchange announcement is mapped to this research snapshot.

MANAGEMENT COMMENTARY

Signals from filed documents

Pricing commentaryHigh severity · 1 mention
Caution

These trends provide significant growth opportunities for the Company. At the industry level, intensifying competition from organized players with large capacity expansion plans, coupled with aggressive pricing trends, may pressure margins. Additionally, the availability of imported materials at budgeted costs, delays in customer decision-making due to commodity price volatility, and potential policy shifts in power

Capacity expansion plansHigh severity · 5 mentions
Positive catalyst

With the planned capacity additions across the industry and increasing competition, margins are expected to get normalized going forward. Strategic Focus and Capacity Planning: The new capacity for power transformers is expected to be operational from July 2026 and will be partly utilized during the year. This phased ramp-up will support higher production volumes and strengthen the Company’s ability to scale operatio

Regulatory updatesModerate severity · 24 mentions
Watch

Effective energy management has led to cost savings, increased efficiency, regulatory compliance and enhanced reputation. Similarly, waste management is a material concern due to its environmental and health impacts, along with growing regulatory pressure. To address this, the Company has implemented sustainable practices such as recycling and waste reduction, minimizing its environmental footprint while ensuring com

Regulatory approvalLow severity · 10 mentions
Watch

DISCLOSURES: (A) Disclosure on materially significant related party transactions: There was no materially significant related party transaction during the year having potential conflict with the interest of the Company. Further, the policy on Related Party Transactions duly approved by the Board of Directors of the Company has been posted on the website of the Company. (https://www.voltamptransformers.com/investors_d

Export market updatesLow severity · 1 mention
Constructive

: The contribution of exports was 3.24% of the total turnover of the Company for the financial year ended March 31, 2026. A brief on types of customers : The Company operates in both domestic and international markets, offering a diverse range of products and services primarily to clients in the manufacturing sector, many of whom prioritize sustainable solutions that are both environmentally responsible and economica

Institutional interestLow severity · 1 mention
Watch

The facility of participation at the AGM through VC/ OAVM will be made available for 1000 members on first come first served basis. This will not include large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Audito

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

DIRECTOR & BUSINESS NETWORK

Loading corporate intelligence

Loading universe coverage and exchange-backed evidence…