Voltamp Transformers Ltd

Voltamp Transformers Ltd

₹ 10,438 4.35%
25 Apr - close price
About

Voltamp Transformers Ltd is a Baroda based company and is mainly into manufacturing of various types of Oil filled Power & Distribution Transformers of various classes.[1]

Key Points

Product Portfolio
The company is engaged in the manufacturing of electrical transformers. Its product portfolio comprises oil-filled power and distribution transformers up to 160 megavolt ampere (MVA), 220 kilovolts (KV) class, and dry type transformers up to 12.50 MVA, 33 KV class. [1]

  • Market Cap 10,560 Cr.
  • Current Price 10,438
  • High / Low 10,664 / 2,885
  • Stock P/E 36.4
  • Book Value 1,152
  • Dividend Yield 0.38 %
  • ROCE 25.1 %
  • ROE 19.2 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 23.0% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 26.5%
  • Company's working capital requirements have reduced from 104 days to 82.4 days

Cons

  • Stock is trading at 9.06 times its book value
  • Promoter holding has decreased over last 3 years: -12.0%

* 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.

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
176 284 162 263 315 387 270 318 357 440 322 381 408
157 251 155 232 281 320 234 271 302 347 274 313 304
Operating Profit 19 33 7 31 34 67 36 46 55 93 48 69 105
OPM % 11% 12% 4% 12% 11% 17% 13% 15% 16% 21% 15% 18% 26%
24 11 13 14 8 8 -0 16 14 11 23 18 25
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 2 2 2 2 2 2 2 2 3 3 2 3 3
Profit before tax 41 41 18 43 40 72 33 60 66 101 68 84 126
Tax % 21% 25% 12% 19% 24% 28% 20% 23% 24% 24% 26% 18% 25%
32 31 16 35 30 52 27 46 51 77 51 68 95
EPS in Rs 31.69 30.70 15.61 34.67 29.76 51.26 26.37 45.41 50.17 75.68 50.19 67.65 93.51
Raw PDF
Upcoming result date: 2 May 2024

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
570 516 445 517 563 611 639 829 859 692 1,127 1,385 1,552
529 481 430 497 526 551 571 735 744 615 988 1,154 1,238
Operating Profit 40 34 15 20 37 60 67 94 114 77 139 231 314
OPM % 7% 7% 3% 4% 7% 10% 11% 11% 13% 11% 12% 17% 20%
17 20 27 21 28 39 39 36 9 72 43 40 77
Interest 0 0 0 0 0 1 1 1 1 1 1 1 1
Depreciation 8 8 7 7 6 6 6 7 9 9 8 10 11
Profit before tax 48 46 34 33 59 93 100 123 113 140 173 260 379
Tax % 31% 29% 23% 15% 26% 22% 27% 31% 21% 20% 23% 23%
33 33 26 28 44 72 73 85 89 112 133 200 290
EPS in Rs 32.89 32.52 25.99 28.08 43.47 71.37 72.63 83.86 88.35 110.92 131.30 197.63 287.03
Dividend Payout % 30% 46% 38% 36% 29% 21% 21% 27% 28% 23% 27% 30%
Compounded Sales Growth
10 Years: 10%
5 Years: 17%
3 Years: 17%
TTM: 16%
Compounded Profit Growth
10 Years: 20%
5 Years: 23%
3 Years: 31%
TTM: 66%
Stock Price CAGR
10 Years: 35%
5 Years: 55%
3 Years: 114%
1 Year: 246%
Return on Equity
10 Years: 12%
5 Years: 14%
3 Years: 15%
Last Year: 19%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 10 10 10 10 10 10 10 10 10 10 10 10 10
Reserves 385 400 415 431 459 555 610 677 738 824 932 1,097 1,156
0 0 0 0 0 0 0 0 0 0 0 0 2
57 51 56 55 51 48 50 64 69 82 119 115 172
Total Liabilities 452 461 481 495 521 613 670 751 817 916 1,061 1,223 1,340
54 52 47 41 39 38 43 48 58 53 62 67 74
CWIP 1 0 0 1 0 1 3 0 1 8 8 0 0
Investments 110 174 218 211 220 313 352 381 454 492 561 718 809
288 235 215 242 262 260 272 321 304 363 431 437 457
Total Assets 452 461 481 495 521 613 670 751 817 916 1,061 1,223 1,340

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-11 79 40 -10 -1 78 43 32 108 20 66 168
-8 -61 -32 24 12 -60 -20 -11 -86 21 -46 -127
-11 -12 -18 -12 -12 -16 -18 -18 -27 -26 -26 -36
Net Cash Flow -30 6 -10 2 -2 2 4 3 -5 14 -7 4

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 111 103 117 102 96 92 83 78 64 90 62 60
Inventory Days 82 63 57 70 78 63 96 84 94 123 123 83
Days Payable 6 0 16 11 4 1 1 1 6 7 1 1
Cash Conversion Cycle 187 166 158 161 171 154 177 161 152 206 184 142
Working Capital Days 145 123 130 130 135 120 118 106 91 130 99 82
ROCE % 12% 11% 7% 6% 11% 17% 16% 18% 15% 15% 19% 25%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 38.00% 38.00% 38.00%
15.17% 15.39% 15.61% 15.83% 16.25% 17.14% 13.99% 13.66% 14.09% 22.34% 23.23% 24.84%
21.78% 21.43% 21.41% 21.81% 21.63% 21.86% 25.57% 25.85% 25.68% 28.45% 28.69% 26.88%
0.00% 0.00% 0.00% 0.02% 0.02% 0.00% 0.00% 0.00% 0.00% 0.02% 0.07% 0.07%
13.05% 13.18% 12.98% 12.34% 12.10% 11.00% 10.43% 10.48% 10.22% 11.18% 10.00% 10.19%
No. of Shareholders 18,41117,45616,92416,99024,31526,20725,12824,54425,55828,90130,22326,754

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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