Voltamp Transformers Reports 21% YoY growth in Q2 FY26

Voltamp Transformers Ltd has announced its financial results for the quarter and half-year ending September 30, 2025. The company reported a significant increase in net sales and services income for the second quarter of FY26, amounting to ₹483 crores, a 21% rise from the previous year. Total income for the quarter reached ₹497 crores, marking a 16% increase. Operating profit for the quarter stood at ₹90 crores, reflecting a 24% growth. The EBITDA margin improved to 19.39% from 18.85% in the same quarter last year.

For the first half of FY26, Voltamp Transformers recorded net sales and services income of ₹906 crores, a 10% increase from the previous year. Total income for the half-year period was ₹957 crores, up by 8%. The net profit before tax for the half-year was ₹209 crores, a 2% increase. Operating profit for the period was ₹159 crores, showing a 10% rise. The EBITDA margin for the half-year remained stable at 18.34%.

The company’s operational activities were impacted by heavy rainfall during the September quarter, which affected invoicing by approximately ₹10 crores due to inaccessible delivery sites. Despite this, Voltamp Transformers achieved a milestone by manufacturing and delivering its highest-rated power transformer, a 160 MVA / 220 kV class, ahead of schedule.

The construction of the greenfield EHV Power Transformer manufacturing facility is progressing as planned, with completion targeted by June 2026. As of now, ₹83 crores have been invested in this project. The company began FY26 with an order book of ₹938 crores and has secured new orders worth ₹1,377 crores so far this year. Additionally, orders worth ₹92 crores are finalized and awaiting formal purchase orders.

Voltamp Transformers’ management team has been strengthened with the elevation of Mr. Vijay Gupta to Chief Operating Officer. Mr. Gupta has been with the company for 18 years and brings extensive experience in the transformer industry. In terms of promoter shareholding, Mr. Kunjal Lalitkumar Patel divested 8% of his equity shareholding to institutional investors, retaining a 30% stake in the company.

The company continues to focus on maintaining a robust supply chain network to ensure timely procurement of raw materials and components. It remains selective in accepting new orders, prioritizing profitability and execution certainty. The enquiry pipeline remains strong, supporting a positive outlook for the coming quarters.

Voltamp Transformers Ltd specializes in the manufacturing of transformers and related electrical equipment. The company focuses on expanding its production capacities and maintaining a strong order book to support its strategic growth initiatives.