Yash Highvoltage Ltd
Incorporated in 2002, Yash Highvoltage
Ltd is in the business of power engineering
and specialized high voltage and high current Transformer Bushing[1]
- Market Cap ₹ 661 Cr.
- Current Price ₹ 232
- High / Low ₹ 340 / 145
- Stock P/E 30.9
- Book Value ₹ 51.7
- Dividend Yield 0.00 %
- ROCE 28.5 %
- ROE 22.6 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 49.9% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 38 | 37 | 65 | 90 | 108 | 150 | |
| 32 | 30 | 51 | 71 | 88 | 118 | |
| Operating Profit | 6 | 7 | 15 | 19 | 20 | 32 |
| OPM % | 16% | 20% | 22% | 21% | 19% | 21% |
| 0 | 0 | 0 | 0 | 1 | 2 | |
| Interest | 1 | 1 | 1 | 1 | 2 | 3 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 3 |
| Profit before tax | 4 | 6 | 12 | 16 | 16 | 28 |
| Tax % | 28% | 30% | 30% | 30% | 27% | 24% |
| 3 | 4 | 9 | 11 | 12 | 21 | |
| EPS in Rs | 9.14 | 12.68 | 28.32 | 37.13 | 39.21 | 7.50 |
| Dividend Payout % | 38% | 67% | 30% | 29% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 32% |
| TTM: | 38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 50% |
| 3 Years: | 35% |
| TTM: | 78% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 28% |
| Last Year: | 23% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 14 |
| Reserves | 10 | 14 | 21 | 29 | 39 | 133 |
| 3 | 2 | 7 | 8 | 7 | 23 | |
| 9 | 12 | 11 | 19 | 21 | 32 | |
| Total Liabilities | 26 | 31 | 43 | 59 | 70 | 203 |
| 0 | 8 | 14 | 17 | 18 | 46 | |
| CWIP | 0 | 1 | 0 | 0 | 5 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 26 | 22 | 28 | 42 | 47 | 154 | |
| Total Assets | 26 | 31 | 43 | 59 | 70 | 203 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 3 | 7 | 7 | 9 | 10 | 9 | |
| -1 | -3 | -10 | -4 | -5 | -84 | |
| -1 | -2 | 3 | -5 | -5 | 97 | |
| Net Cash Flow | 0 | 2 | 0 | 0 | 0 | 22 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 68 | 66 | 53 | 66 | 42 | 68 |
| Inventory Days | 133 | 193 | 130 | 126 | 137 | 132 |
| Days Payable | 90 | 132 | 81 | 110 | 102 | 89 |
| Cash Conversion Cycle | 111 | 127 | 102 | 82 | 78 | 111 |
| Working Capital Days | 80 | 78 | 65 | 61 | 53 | 85 |
| ROCE % | 35% | 52% | 48% | 42% | 29% |
Documents
Announcements
-
Submission Of Statement Of Deviation Or Variation In Utilization Of Funds Raised Through IPO.
9h - No deviation in utilization of Rs 93.51 Cr IPO funds for quarter ended 31 Mar 2025.
-
Audited Financial Results For The Years Ended 31St March 2025
11h - Approved FY25 audited results; acquired wholly owned subsidiary Yash HV Power Components Pvt. Ltd.; appointed secretarial auditor; amended related party policy.
-
Announcement under Regulation 30 (LODR)-Acquisition
13h - Approved FY25 audited results; acquired wholly owned subsidiary Yash HV Power Components Pvt Ltd.
-
Appointment Of Secretarial Auditor For FY 2025-26.
13h - Approved FY25 audited results; acquired wholly owned subsidiary Yash HV Power Components Pvt Ltd; appointed secretarial auditor; amended related party policy.
-
Board Meeting Outcome for Intimation Of Outcome Of Board Meeting Held On 20Th May 2025
13h - Approved FY25 audited results; acquired wholly owned subsidiary Yash HV Power Components Pvt Ltd.
Annual reports
No data available.
Concalls
-
Jan 2025TranscriptPPT
Business Overview:[1]
a) YHVL is in manufacturing and distribution of wide range of transformer which includes:
- Oil Impregnated Paper [OIP] condenser
bushing
- Resin Impregnated Paper [RIP] / Resin Impregnated Synthetic [RIS] condenser
bushing
- High Voltage and High Current bushing
- OIP Wall bushing
- Oil to Oil bushing
b) The company also undertakes repairing, retrofitting and replacement services of old bushings.
c) It provides on-site/off-site bushings
technical testing, analysis and repairing
services.
d) Company is on the approved vendor
list of various Indian Government Enterprises
and large private companies engaged in
Power sector.
e) YHVL is an ISO 9001:2015 accredited manufacturer of HV condenser-graded transformer bushings, compliant with
IEC, IEEE and ANSI standards.