Voltamp Transformers Limited has announced its financial results for the year ended March 31, 2026, achieving its highest-ever annual revenue of ₹2,153.68 crore, representing an 11.34% growth. Despite facing margin pressures in the final quarter due to one-time provisions, raw material cost fluctuations, and negative mark-to-market gains, the company remains optimistic, backed by a robust order backlog and ongoing expansion plans for its power transformer manufacturing facilities.
Annual Financial Highlights
Voltamp Transformers Limited concluded FY 2025-26 with a strong performance, recording net sales and service revenue of ₹2,153.68 crore, up from ₹1,934.23 crore in the previous year. The company’s board has recommended a final dividend of 1000%, amounting to ₹100 per share, subject to shareholder approval.
Quarterly Margin Pressures
During the January-March 2026 quarter, the company experienced an impact on its EBIDTA margins. This was attributed to several factors, including a ₹4.85 crore one-time provision for revised labour codes and ₹5.50 crore in employee performance incentives. Additionally, rising raw material costs driven by rupee depreciation and increased input costs for transformer oil, combined with negative mark-to-market accounting adjustments on government security investments, weighed on the quarter’s profitability.
Strategic Growth and Capex Update
The company maintains a strong competitive position as it enters FY 2026-27 with an order backlog of ₹1,200 crore (10,270 MVA). New orders totaling ₹310 crore were secured in April 2026 alone. To support future demand, construction of the new power transformer factory is progressing as scheduled, with operations expected to commence from July 2026. Furthermore, the board has approved a ₹25 crore investment to acquire additional land near Vadodara, funded through internal accruals.
Source: BSE
