Voltamp Transformers Limited - energy and power in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN L31100GJ1967PLC001437 Incorporated 02 March 1967 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Listed - NSE: VOLTAMP · BSE: 532757 Public Limited Company energy and power
Data last updated
Market Cap
₹10,064 Cr
VOLTAMP · NSE
Share Price
₹9,615.00
-3.34% today
Revenue
₹2,154 Cr
FY 2025-26 · +11.4% YoY
EBITDA
₹355 Cr
Margin 16.5%
Net Profit
₹293 Cr
FY 2025-26 · -6.8% YoY
P/E (TTM)
32.1x
P/B 5.7x
ROE
18.1%
ROCE 23.8%
Authorised capital
₹12.04 Cr
Registered with MCA

About Voltamp Transformers Limited

Data last updated:

Voltamp Transformers Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 02 March 1967 and has been in existence for over 59 years.

Its director Kunjal Lalitkumar Patel is #666 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L31100GJ1967PLC001437. Its GSTIN is 24AAACV5048G1ZH (Gujarat). The company holds 9 GST registrations, of which 8 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532757 and NSE: VOLTAMP.

The company has an authorised share capital of ₹12.04 Cr and a paid-up capital of ₹10.12 Cr. It was formerly known as Voltamp Transformers P Limited. It is led by directors including Kunjal Lalitkumar Patel (Managing Director) and Kanubhai Shakarabhai Patel (Managing Director).

Its last annual general meeting (AGM) was held on 31 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Makarpura, Vadodara, Gujarat, India – 390019.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹2,153.69 Cr, a growth of 11.3% compared to the previous year. For the same year it recorded a net profit of ₹293.12 Cr (net margin 13.6%) and EBITDA of ₹355.32 Cr (EBITDA margin 16.5%). The net worth stands at ₹1,791.81 Cr (up 12.9% YoY). Total assets are valued at ₹1,813.2 Cr (up 13% YoY).

The company has about 357 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Voltamp Transformers. As per MCA filings, the company has open charges of ₹643.5 Cr and satisfied charges of ₹570.77 Cr on record. Court records list 45 cases involving the company, including 29 filed by the company and 16 filed against it; 6 cases are pending. The company has 75 deals on record (70 market trades, 4 funding rounds, 1 ipo), with disclosed funding of ₹124.86 Cr; the latest was in September 2025. Its 9 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 5 larger and 4 smaller; the largest is Saatvik Green Energy Limited with revenue of ₹2,192.47 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website voltamptransformers.com.

Company details

CIN L31100GJ1967PLC001437
Registration Number 001437
Incorporation Date 02 March 1967
ROC Ahmedabad
Listing Status Listed - Listed on NSE (VOLTAMP); Listed on BSE (532757)
Company Status Active
Date of Last AGM 31 July 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Voltamp Transformers has one previous CIN (Corporate Identification Number): U31100GJ1967PLC001437. The current CIN is L31100GJ1967PLC001437, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L31100GJ1967PLC001437Current
U31100GJ1967PLC001437Previous

Recognitions & Rankings of Voltamp Transformers

India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#433
Valuation
₹11,570 Cr

Contact details

Voltamp Transformers Limited's registered office is in Vadodara, Gujarat. Its website is voltamptransformers.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Makarpura, Vadodara, Gujarat, India – 390019
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Voltamp Transformers Limited, buy the company report.

Comprehensive company report
Voltamp Transformers Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Voltamp Transformers operates one associated brand: Voltamp Transformers. Each brand links to its own profile.

BrandDescriptionWebsite
Oil-filled, cast resin, and induction furnace transformers are manufactured.voltamptransformers.com

Business activity

The main business activity of Voltamp Transformers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Voltamp Transformers Limited, buy the company report.

Financials of Voltamp Transformers Limited

FY 2025-26 filings available

Voltamp Transformers Limited reported revenue of ₹2,153.69 Cr (up 11.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹2,154 Cr
+11.3% YoY
EBITDA
₹355 Cr
-3.0% YoY
Profit After Tax
₹293 Cr
-6.8% YoY
Net Worth
₹1,792 Cr
+12.9% YoY
Total Assets
₹1,813 Cr
+13.0% YoY
Total Debt
₹0.54 Cr
-74.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,1541,9341,6161,3851,127692859
Revenue growth+11.4%+19.7%+16.7%+22.9%+62.8%-19.4%-
EBITDA35536632223113977.45114
EBITDA margin+16.5%+18.9%+19.9%+16.7%+12.3%+11.2%+13.3%
Profit before tax406436398260173140113
Net profit29331429919712791.5186.80
Net profit margin+13.6%+16.3%+18.5%+14.2%+11.3%+13.2%+10.1%
EPS (₹)301.85321.65303.80197.63131.30110.9288.34
Balance sheet
Total assets1,8131,6041,3701,119954845756
Net worth1,7921,5881,3541,107942834748
Total debt0.542.133.210.000.000.000.00
Cash & bank73.7338.7929.4217.9113.4725.476.00
Net working capital587430369331319272221
Cash flow
Cash from operations14021921616865.5719.61108
Cash from investing(0.98)(116)(141)(127)(46.30)20.75(85.73)
Cash from financing(104)(93.81)(63.33)(36.30)(26.09)(25.89)(27.45)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue544617630483424625484398
Revenue growth (YoY)+28.4%-1.2%+30.4%+21.3%-1.1%---
Other income41.61(10.06)26.1414.7635.6917.006.8532.05
Total expenses463536523389351508384323
EBITDA80.3081.3710893.5672.6511699.0574.98
EBITDA margin+14.8%+13.2%+17.1%+19.4%+17.2%+18.6%+20.5%+18.9%
Depreciation3.563.913.793.533.373.643.393.17
Interest0.450.320.220.600.310.420.340.34
Profit before tax11867.08130104105129102104
Tax26.6719.1730.8025.3425.1032.5228.7727.79

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 25 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue544617630483424625484398
Revenue growth (YoY)+28.4%-1.2%+30.4%+21.3%-1.1%---
Other income41.61(10.06)26.1414.7635.6917.006.8532.05
Total expenses463536523389351508384323
EBITDA80.3081.3710893.5672.6511699.0574.98
EBITDA margin+14.8%+13.2%+17.1%+19.4%+17.2%+18.6%+20.5%+18.9%
Depreciation3.563.913.793.533.373.643.393.17
Interest0.450.320.220.600.310.420.340.34
Profit before tax11867.08130104105129102104
Tax26.6719.1730.8025.3425.1032.5228.7727.79
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,1541,9341,6161,3851,127692859
Revenue growth+11.4%+19.7%+16.7%+22.9%+62.8%-19.4%-
Other income66.5484.7088.9840.0842.9572.478.61
Total expenses1,7981,5681,2941,154988615744
Employee cost75.7360.2153.8740.1338.8833.2333.29
EBITDA35536632223113977.45114
EBITDA margin+16.5%+18.9%+19.9%+16.7%+12.3%+11.2%+13.3%
Depreciation14.6013.1711.379.697.938.858.99
Interest1.451.452.080.890.800.600.73
Profit before tax406436398260173140113
Tax10011190.5260.4240.3728.2423.97
Net profit29331429919712791.5186.80
Net profit margin+13.6%+16.3%+18.5%+14.2%+11.3%+13.2%+10.1%
EPS (₹)301.85321.65303.80197.63131.30110.9288.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.1210.1210.1210.1210.1210.1210.12
Reserves & surplus1,7821,5781,3441,097932824738
Shareholders' funds (net worth)1,7921,5881,3541,107942834748
Secured loans0.000.000.000.000.000.000.00
Unsecured loans0.542.133.210.000.000.000.00
Total debt0.542.133.210.000.000.000.00
Total liabilities1,8131,6041,3701,119954845756
Assets
Gross block20419013711710286.6583.99
Net block11811876.6767.3361.5052.6857.72
Capital work in progress1083.430.680.237.788.291.22
Investments9951,056922718561492454
Inventories390237226175209127116
Sundry debtors272293239226190171150
Cash & bank balances73.7338.7929.4217.9113.4725.476.00
Loans & advances46.0420.0120.2813.5210.8619.099.93
Total current assets781589515433424343282
Total current liabilities19415914610210570.9560.62
Net working capital587430369331319272221
Total assets1,8131,6041,3701,119954845756
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash38.6029.2217.7213.3020.125.6411.04
Net cash from operating activities14021921616865.5719.61108
Net cash from investing activities(0.98)(116)(141)(127)(46.30)20.75(85.73)
Net cash from financing activities(104)(93.81)(63.33)(36.30)(26.09)(25.89)(27.45)
Net change in cash34.509.3811.504.42(6.82)14.48(5.40)
Closing cash73.7338.7929.4217.9113.4725.476.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+11.4%+19.7%+16.7%+22.9%+62.8%-19.4%-
EBITDA growth-3.0%+13.6%+39.6%+66.1%+79.4%-32.3%-
PBT growth-7.0%+9.7%+52.8%+50.3%+23.3%+23.9%-7.6%
Net income growth-6.8%+5.2%+52.0%+54.6%+38.9%+5.4%-
Revenue CAGR (3Y)+15.9%+19.7%+32.7%+17.3%+10.8%+2.7%+12.0%
EBITDA CAGR (3Y)+15.5%+38.1%+60.9%+26.3%+13.9%+4.8%+23.9%
Profitability & leverage
Net income margin+14.2%+16.8%+19.0%+14.4%+11.8%+16.2%+10.4%
Return on capital employed+23.8%+29.4%+32.1%+25.2%+19.4%+14.4%+15.7%
Return on net worth+18.1%+22.1%+25.0%+19.5%+15.0%+11.6%+12.5%
Debt / equity0.000.000.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover0.430.410.670.400.610.870.69
Efficiency & per share
Fixed asset turnover10.9211.8412.7412.6511.968.1111.39
Inventory turnover6.878.348.067.216.705.707.69
Debtors turnover7.637.286.956.656.244.315.25
EPS (₹)301.85321.65303.80197.63131.30110.9288.34
Dividend per share (₹)100.00100.0090.0060.0035.0025.0025.00
Book value per share (₹)1,771.061,569.241,337.951,094.41931.24824.50739.56

To see the full year-wise statements and ratios of Voltamp Transformers Limited, buy the company report.

Board of directors of Voltamp Transformers Limited

Voltamp Transformers has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kunjal Lalitkumar PatelManaging Director04 Jun 199432 Years 4 MonthsCurrent
Kanubhai Shakarabhai PatelManaging Director11 Feb 201016 Years 8 MonthsCurrent
Taral Kunjal PatelDirector14 Aug 20206 Years 2 MonthsCurrent
Mayur SwadiaDirector30 Jan 20251 Years 8 MonthsCurrent
Sameer Subhash KheraDirector02 May 20242 Years 5 MonthsCurrent
Roopa Bharat PatelDirector02 May 20242 Years 5 MonthsCurrent

Peer comparison

Voltamp Transformers Limited is compared with the 9 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Saatvik Green Energy Limited₹2,192.47 Cr (FY 2025)100.0%Ambala, Haryana, India
Perkins India Private Limited₹2,177.5 Cr (FY 2025)11.0%Chennai, Tamil Nadu, India
Voltamp Transformers Limitedthis company₹2,153.69 Cr (FY 2026)₹293.12 Cr13.6%11.3%357Vadodara, Gujarat, India
Hyosung T & D India Private Limited₹2,059.47 Cr (FY 2025)109.0%Pune, Maharashtra, India
Transformers and Rectifiers (India) Limited₹2,051.08 Cr (FY 2025)58.0%Ahmedabad, Gujarat, India
Cummins Generator Technologies India Private Limited₹2,049.19 Cr (FY 2025)11.0%Pune, Maharashtra, India
Bharat Bijlee Limited₹1,945.15 Cr (FY 2025)Mumbai, Maharashtra, India
Olectra Greentech Limited₹1,814.21 Cr (FY 2025)56.0%Hyderabad, Telangana, India
Andritz Hydro Private Limited₹1,760.22 Cr (FY 2024)24.0%Mandideep, Madhya Pradesh, India
Goldi Sun Private Limited₹1,576.12 Cr (FY 2025)38.0%Mumbai, Maharashtra, India

To see the full peer comparison of Voltamp Transformers Limited, buy the company report.

Auditor

Voltamp Transformers Limited is audited by CNK & Associates, LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
CNK & Associates, LLPFY 2023101961W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 30.00%, foreign institutional investors hold 21.50%, domestic institutional investors hold 33.90% and retail and other public shareholders hold 14.60%.

Promoters: 30.00%DII (Domestic Institutional): 33.90%FII (Foreign Institutional): 21.50%Retail & Others: 14.60%
Sep 2026
QUARTER
30.00% Promoters
33.90% DII (Domestic Institutional)
21.50% FII (Foreign Institutional)
14.60% Retail & Others
Promoter holding - history
Now 30.00% · Sep 2026High 30.00% · Dec 2025Low 30.00% · Dec 2025
29%29.5%30%30.5%31%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 30.00%Mar 2026: 30.00%Jun 2026: 30.00%Sep 2026: 30.00%30.00%30.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters30.00%30.00%30.00%30.00%
Public70.00%70.00%70.00%70.00%

Charges & borrowings

Open charges
₹643.5 Cr
Satisfied charges
₹570.77 Cr
Breakdown by lending institutions
Others₹643.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Oct 2023100802787Others₹350 CrOpen
04 Dec 2019100311948Others₹1 CrOpen
17 Feb 201210336532Others₹292.5 CrOpen
13 Dec 2022100655601Others₹150 CrSatisfied
02 Feb 200910143737Axis Bank Limited₹50.77 CrSatisfied

To see the full charge records of Voltamp Transformers Limited, buy the company report.

Total charge records: 8 View all charges

Deals & funding

Voltamp Transformers Limited has 75 deals on record (70 market trades, 4 funding rounds, 1 ipo), with disclosed funding of ₹124.86 Cr; the latest was in September 2025.

Total deals
75
Market trades
70
Funding rounds
4
IPO
1
Disclosed funding
₹124.86 Cr

Deals on record (5 of 75)

WhenDealAmountParties
Sep 2025Market trade₹644.41 CrBuyer: The Prudential Assurance Company Limited, Bajaj Life Insurance Limited , Aditya Birla Sun Life Insurance Company Limited
Seller: F3 Advisors Private Limited , an individual
Feb 2020Market trade₹24.48 CrBuyer: Kunjal Investments Private Limited
Seller: an individual
Dec 2019Market trade₹20.71 CrBuyer: Kunjal Investments Private Limited
Seller: an individual
Sep 2019Market trade₹40.44 CrBuyer: Kunjal Investments Private Limited
Seller: Kunjal Lalitkumar Patel Huf, an individual
Feb 2019Market trade₹10.53 CrBuyer: Kunjal Investments Private Limited
Seller: Nalanda India Equity

To see the full deal history of Voltamp Transformers Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Voltamp Transformers Limited was last rated by Care on 27 Sep 2022.

Rating agencyRated onRating
Care27 Sep 2022

To see the full credit ratings and regulatory alerts of Voltamp Transformers Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Voltamp Transformers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Voltamp Transformers Limited has a workforce of 357 employees on its EPFO records as of Mar 29, 2024, across 2 active EPFO establishments.

Employee count
357
Active EPFO establishments
2
Employee growth
5.31%

GST

Voltamp Transformers has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
9
Active
8
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAACV5048G1ZHGujaratActive01 Jul 2017
27AAACV5048G1ZBMaharashtraActive30 Aug 2017
19AAACV5048G1Z8West BengalActive11 Mar 2019
33AAACV5048G1ZITamil NaduActive27 Mar 2019

To see the full GST registrations and return filing status of Voltamp Transformers Limited, buy the company report.

Recent activity

Voltamp Transformers Limited has 32 board changes on record since 1967: 19 appointments and 13 cessations. The latest: Hemant Pravinchandra Shaparia ceased to be Director on 18 Mar 2025.

AGM
Voltamp Transformers Limited last Annual general meeting of members was held on 31 Jul 2026 as per latest MCA records.
Filing
Voltamp Transformers Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 350.00 Cr registered on 18 Oct 2023 with Charge ID 100802787 was modified on 24 Mar 2026.
Ceased
Hemant Pravinchandra Shaparia ceased to be Director.
Appointed
Mayur Swadia was appointed as Director.
Ceased
Visha Sharad Suchde ceased to be Director.
Ceased
Jabal Lashkari Chandravadan ceased to be Director.
Appointed
Roopa Bharat Patel was appointed as Director.
Appointed
Sameer Subhash Khera was appointed as Director.
Charges
A charge registered on 13 Dec 2022 via Charge ID 100655601 with Others was fully satisfied on 17 Nov 2023.
Charges
A charge with Others amounted to Rs. 350.00 Cr with Charge ID 100802787 was registered on 18 Oct 2023.
Charges
A charge with Others amounted to Rs. 150.00 Cr with Charge ID 100655601 was registered on 13 Dec 2022.

41 earlier events are in the company report.

Frequently asked questions

Voltamp Transformers is an active public limited company based in Vadodara, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 02 March 1967 (59+ years old) and is registered under CIN L31100GJ1967PLC001437. Listed on BSE: 532757 and NSE: VOLTAMP.

Voltamp Transformers reported revenue of ₹2,153.69 Cr for FY 2025-26 (up 11.3% YoY) based on standalone financials.

Voltamp Transformers has 6 current directors:

The latest financial statements of Voltamp Transformers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 July 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Voltamp Transformers is 24AAACV5048G1ZH, registered in Gujarat. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACV5048G1ZB (Maharashtra), 19AAACV5048G1Z8 (West Bengal), 33AAACV5048G1ZI (Tamil Nadu).

The CIN (Corporate Identification Number) of Voltamp Transformers is L31100GJ1967PLC001437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Voltamp Transformers is a listed company as per MCA records. Its shares are listed on both BSE (code: 532757) and NSE (symbol: VOLTAMP).

Voltamp Transformers has 45 court cases on record: 29 filed by the company and 16 filed against it. 6 are pending. Most are in the district courts.

Voltamp Transformers was incorporated on 02 March 1967, making it 59+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Voltamp Transformers has 75 deals on record (70 market trades, 4 funding rounds, 1 ipo), with disclosed funding of ₹124.86 Cr; the latest was in September 2025.

The peers of Voltamp Transformers by revenue are Saatvik Green Energy Limited, Perkins India Private Limited, Hyosung T & D India Private Limited, Transformers and Rectifiers (India) Limited, Cummins Generator Technologies India Private Limited and 4 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).