āagman

Not investment advice. Data and computed figures, for information only.

Voltamp Transformers Ltd

NSE: VOLTAMP
₹10,394.00
−₹386.00 (−3.58%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹10,423 Cr
CMP
₹10,394.00
52-wk High / Low
₹12,863 / 6,666
P/E
32.9
P/B
5.8
Book Value
₹1,771.0
Div Yield
0.97%
ROCE
24.0%
ROE
17.4%
Face Value
₹10
D/E
0.00

Price+44.5% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹3,468
√(22.5 × EPS × book value per share)
ROIC
14.2%
vs 12.3% sector median
Cash flow to profit
0.46
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−251
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
11.8%
ROE × earnings retention ratio
ROE stability
2.9
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −1.29DII +2.19
Latest quarter vs the previous one
Cash-accrual divergence
8.7%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 19% vs the 2022 sector median of 17%)
+Price trades above its 200-day moving average (1.1x)
+FII holding rose by 7.9pp over the last year
+PE of 32.9x is below the sector median of 43.6x
Watch-outs
−Promoter holding fell by 20pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Standalone basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales322381408504428398484625424483630617544
Expenses274313304403352323384508351389523536463
Operating Profit486910510176759911673941088180
OPM %14.9%18.1%25.7%20.0%17.8%18.8%20.5%18.6%17.2%19.5%17.1%13.1%14.7%
Other Income231825232932717361526−1042
Interest0001000001000
Depreciation2333333434444
Profit before tax688412611910110410212910510413067118
Net Profit51689594797673978079994891
EPS (₹)50.1967.6593.5192.4578.5274.8672.5595.7178.6377.9497.9347.3590.16

Profit & Loss

As of 30 Jun 2026
Standalone · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5175636116398298596921,1271,3851,6161,9342,1542,274
Expenses4975265515717357446159881,1541,2941,5681,7981,911
Operating Profit203760679411477139231322366355363
OPM %3.9%6.6%9.8%10.5%11.3%13.3%11.1%12.3%16.7%19.9%18.9%16.5%16.0%
Other Income2128393936972434089856772
Interest0011111112112
Depreciation766679981011131515
Profit before tax335993100123113140173260398436406419
Net Profit284472738589112133200307325305317
EPS (₹)28.0843.4771.3772.6383.8688.35110.92131.30197.63303.80321.64301.85313.38

Balance Sheet

As of 30 Jun 2026
Standalone · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital101010101010101010101010—
Reserves4314595556106777388249321,0971,3441,5781,782—
Borrowings000000000321—
Other Liabilities55514850646982119115164186226—
Total Liabilities4955216136707518179161,0611,2231,5211,7762,018—
Fixed Assets41393843485853626777118118—
CWIP10130188013108—
Investments2112203133523814544925617189221,056995—
Other Assets242262260272321304363431437522599797—
Total Assets4955216136707518179161,0611,2231,5211,7762,018—

Cash Flows

As of 31 Mar 2026
Standalone · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity−10−17843321082066168216219140
Cash from Investing Activity2412−60−20−11−8621−46−127−141−116−1
Cash from Financing Activity−12−12−16−18−18−27−26−26−36−63−94−104
Net Cash Flow2−2243−514−7412934

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %6.011.017.016.018.015.015.019.025.032.029.024.0
ROE %———————————17.4
EPS (₹)28.0843.4771.3772.6383.8688.35110.92131.30197.63303.80321.64301.85
Book Value (₹)———————————1,771.0
Face Value (₹)———————————10
P/E———————————32.9
Div Yield %———————————0.97
NPM %5.27.411.110.89.810.314.711.414.018.016.113.7
OPM %3.87.010.011.011.013.011.012.017.020.019.016.0
D/E0.000.000.000.000.000.000.000.000.000.000.000.00
P/B———————————5.8

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+14.0%
5 years+25.0%
3 years+16.0%
TTM+18.0%
Compounded profit growth
10 years+23.0%
5 years+26.0%
3 years+14.0%
TTM−3.0%
Stock price CAGR
10 years+29.0%
5 years+47.0%
3 years+32.0%
Last year+43.0%
Return on equity
10 years17.0%
5 years20.0%
3 years21.0%
Last year17.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters47.48%47.48%47.48%49.88%50.00%50.00%50.00%50.00%38.00%38.00%30.00%30.00%
FIIs20.88%20.88%15.58%14.40%15.84%15.37%15.83%13.66%24.84%23.91%22.82%21.53%
DIIs15.74%15.74%20.14%19.27%21.57%21.57%21.81%25.85%26.88%23.53%31.66%33.85%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.02%0.00%0.07%0.07%0.05%0.06%
Public15.89%15.89%16.79%16.45%12.59%13.06%12.34%10.48%10.19%14.48%15.47%14.57%
No. of shareholders13,84913,84915,98714,89514,92018,75816,99024,54426,75456,96056,67952,732
Change since Jun 2023 (pp)
Promoters −17.48FIIs +0.65DIIs +18.11Public −1.32

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015Closure of Trading WindowAnnouncement under Regulation 30 (LODR)-Credit RatingAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update

Corporate actions

As of 24 Jul 2026
24 Jul 2026DIVIDENDDividend - Rs 100 Per Share—
22 Jul 2025DIVIDENDAnnual General Meeting/Dividend - Rs 100 Per Share—
22 Jul 2024DIVIDENDAnnual General Meeting/Dividend - Rs 90 Per Share—
31 Jul 2023DIVIDENDAnnual General Meeting/Dividend - Rs 40 Per Share/Special Dividend - Rs 20 Per Share—
4 Aug 2022DIVIDENDAnnual General Meeting/Dividend - Rs 35 Per Share—
22 Sep 2021DIVIDEND Annual General Meeting/ Dividend - Rs 25 Per Share—
18 May 2020DIVIDEND Interim Dividend - Rs 25 Per Share—
5 Aug 2019DIVIDEND Annual General Meeting/Final Dividend - Rs 15 Per Share/ Special Dividend - Rs 7.5 Per Share—
3 Aug 2018DIVIDEND Annual General Meeting/Dividend- Rs 15 Per Share—
3 Aug 2017DIVIDEND Dividend - Rs.15 Per Share—
28 Jul 2016DIVIDEND Dividend - Rs 12.50/- Per Share—
30 Jul 2015DIVIDENDDividend - Rs 10/- Per Share—
31 Jul 2014DIVIDENDDividend Rs 10 Per Share—
30 Jul 2013DIVIDENDFinal Dividend Rs.10/- Per Share And Special Dividend Rs.5/- Per Share—
30 Jul 2012DIVIDENDDividend Rs 10 Per Share—
28 Jul 2011DIVIDENDDividend-Rs.9/- Per Share—
15 Jul 2010DIVIDENDDividend-Rs.12.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman