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 ₹ 3,454 Cr.
- Current Price ₹ 1,156
- High / Low ₹ 1,168 / 366
- Stock P/E 88.7
- Book Value ₹ 64.4
- Dividend Yield 0.12 %
- ROCE 28.6 %
- ROE 23.5 %
- Face Value ₹ 5.00
Pros
Cons
- Stock is trading at 17.9 times its book value
- Promoter holding has decreased over last quarter: -3.15%
* 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
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 150 | 235 | |
| 117 | 178 | |
| Operating Profit | 33 | 57 |
| OPM % | 22% | 24% |
| 2 | 4 | |
| Interest | 3 | 4 |
| Depreciation | 3 | 6 |
| Profit before tax | 28 | 50 |
| Tax % | 24% | 25% |
| 21 | 37 | |
| EPS in Rs | 7.51 | 13.07 |
| Dividend Payout % | 13% | 11% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 57% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 82% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 154% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 23% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 14 | 14 |
| Reserves | 133 | 170 |
| 24 | 38 | |
| 32 | 43 | |
| Total Liabilities | 204 | 264 |
| 42 | 52 | |
| CWIP | 8 | 52 |
| Investments | 0 | 5 |
| 154 | 156 | |
| Total Assets | 204 | 264 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 10 | 9 | |
| -84 | -15 | |
| 96 | 1 | |
| Net Cash Flow | 22 | -5 |
| Free Cash Flow | -29 | -50 |
| CFO/OP | 49% | 42% |
Ratios
Consolidated / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 68 | 47 |
| Inventory Days | 138 | 201 |
| Days Payable | 93 | 62 |
| Cash Conversion Cycle | 112 | 187 |
| Working Capital Days | 44 | 69 |
| ROCE % | 29% |
Insights
In beta| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Bushing units sold units ・Standalone data |
|
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| Cumulative bushings installed units ・Standalone data |
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| Capacity utilization % ・Standalone data |
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| Export share in revenue (geography mix) % ・Standalone data |
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| Installed capacity (units) units ・Standalone data |
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| Order book Rs. Cr ・Standalone data |
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| RIP share in revenue (product mix) % ・Standalone data |
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| Repeat order rate % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Yash HV USA signs 36-month agreement with Gateway Power Sales, expanding US reach from 19 to 22 states.
-
Intimation Of Execution Of Representation Agreement Entered By The Company.
- YASH HV USA INC. appoints Gateway Power Sales for 36 months to promote products in three US Midwest states.
-
Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 Regarding The Commencement Of Commercial Production At New Manufacturing Facility.
- Commercial production started on 30 Sep 2026 at Vadodara RIP/RIS bushing facility; first invoice raised.
-
Closure of Trading Window
- Trading window closed from 1 October 2026 until 48 hours after half-year results.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Find attached herewith Intimation of Analyst Meet for 23rd September, 2026
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from web
Concalls
-
May 2026Transcript PPT REC
-
Oct 2025Transcript PPT REC
-
Jun 2025Transcript
-
Jan 2025Transcript
-
Sep 2024PPT
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.