Voltamp Transformers Reports Record Revenue in FY26, Announces Divisional Update

Voltamp Transformers Reports Record Revenue in FY26, Announces Divisional Update​

Voltamp Transformers Limited announced its financial results for the quarter and the year ended March 31, 2026, reporting significant revenue growth for the fiscal year 2025-26.

The company's financial performance highlights, including Revenue from Operations, Operating Profit, and EPS, are detailed as follows:

FY2025-26 Performance Highlights​

During the fiscal year 2025-26, Voltamp Transformers recorded net sales and service revenue of ₹2,153.69 crores. This represents a growth of 11.34% compared to the previous year's revenue of ₹1,934.23 crores. The company attributed this performance to its strong market presence, timely execution, and an ever-expanding loyal customer base.

The Board of Directors recommended a final dividend of 1000%, equating to Rs. 100 per share for the year, which is subject to shareholder approval.

Looking ahead, the company commenced FY2026-27 with an order backlog of ₹1,200 crores (10270 MVA). Furthermore, new orders worth ₹310 crores (2107 MVA) were added in April 2026, and the enquiry pipeline remains robust. The company stated that it continues to remain selective while bidding for and accepting new orders.

Factors Impacting Margins​

The EBITDA Margin for the March 2026 quarter was impacted by several factors, including:

• A one-time provision of ₹4.85 crores, necessary to comply with the revised Labour Code.
• A one-time provision of ₹5.50 crores, related to target linked group incentives for employees.
• Increased costs due to rupee depreciation, which heightened the expense of imported raw materials.
• A steep increase in critical components costs, attributed to vendors focusing on export markets and passing on the increased cost burden.
• The ongoing Middle East conflict, which severely escalated the input cost of transformer oil.

In terms of other income, the decline was due to the decrease in mark-to-market (MTM) gains during the March quarter. This negative MTM gain occurred because the long term GSEC yields increased compared to the first quarter of the financial year. The company noted that its investment strategy is guided by a long-term perspective, and while short-term market volatility influenced quarterly results, the reported losses are described as mere accounting book entries.

Capital Expenditure and Operational Updates​

Voltamp Transformers reported that the construction work for its new Power Transformer factory is proceeding as planned, with an expected operationalization from July 2026 onwards.

Furthermore, the Board of Directors approved an investment of ₹25 crores for acquiring a new plot of land near Vadodara, aimed at bolstering the company’s land bank for future needs. This acquisition will be funded through internal accruals.

VOLTAMP Stock Price Movement​

As of 2:30 PM, shares of Voltamp Transformers Limited are slipping by 18.45% in live trading, currently trading at ₹10,210. The drop of ₹2,310.00—on a volume of 379,463 shares—is especially notable as the stock had recently hit an all-time 52-week high of ₹12,863.