Voltamp Transformers Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 12, 2025, 10:27 am

Market Cap	6,723 Cr.
Current Price	6,645
High / Low	14,800/6,051
Stock P/E	20.9
Book Value	1,401
Dividend Yield	1.35 %
ROCE	31.6 %
ROE	24.3 %
Face Value	10.0
PEG Ratio	0.89

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Voltamp Transformers Ltd

Competitors of Voltamp Transformers Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Aartech Solonics Ltd	200 Cr.	62.9	106/48.3	49.8	9.92	0.40 %	4.81 %	1.64 %	5.00
Voltamp Transformers Ltd	6,723 Cr.	6,645	14,800/6,051	20.9	1,401	1.35 %	31.6 %	24.3 %	10.0
Transformers & Rectifiers India Ltd (TRIL)	11,186 Cr.	745	846/110	145	38.9	0.03 %	14.8 %	9.33 %	1.00
Power Grid Corporation of India Ltd	2,47,071 Cr.	266	366/247	15.9	99.0	4.24 %	13.2 %	19.0 %	10.0
KEC International Ltd	18,561 Cr.	698	1,313/648	40.9	190	0.58 %	16.0 %	8.80 %	2.00
Industry Average	41,125.14 Cr	1,494.04		50.93	280.98	0.94%	16.58%	14.55%	5.71

All Competitor Stocks of Voltamp Transformers Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	315	387	270	318	357	440	322	381	408	504	428	398	484
Expenses	281	320	234	271	302	347	274	313	304	403	352	323	384
Operating Profit	34	67	36	46	55	93	48	69	105	101	76	75	99
OPM %	11%	17%	13%	15%	16%	21%	15%	18%	26%	20%	18%	19%	20%
Other Income	8	8	-0	16	14	11	23	18	25	23	29	32	7
Interest	0	0	0	0	0	0	0	0	0	1	0	0	0
Depreciation	2	2	2	2	3	3	2	3	3	3	3	3	3
Profit before tax	40	72	33	60	66	101	68	84	126	119	101	104	102
Tax %	24%	28%	20%	23%	24%	24%	26%	18%	25%	22%	22%	27%	28%
Net Profit	30	52	27	46	51	77	51	68	95	94	79	76	73
EPS in Rs	29.76	51.26	26.37	45.41	50.17	75.68	50.19	67.65	93.51	92.45	78.52	74.86	72.55

Last Updated: February 28, 2025, 4:13 pm

Below is a detailed analysis of the quarterly data for Voltamp Transformers Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹484.00 Cr.. The value appears strong and on an upward trend. It has increased from 398.00 Cr. (Sep 2024) to ₹484.00 Cr., marking an increase of ₹86.00 Cr..
For Expenses, as of Dec 2024, the value is ₹384.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 323.00 Cr. (Sep 2024) to ₹384.00 Cr., marking an increase of ₹61.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹99.00 Cr.. The value appears strong and on an upward trend. It has increased from 75.00 Cr. (Sep 2024) to ₹99.00 Cr., marking an increase of ₹24.00 Cr..
For OPM %, as of Dec 2024, the value is 20.00%. The value appears strong and on an upward trend. It has increased from 19.00% (Sep 2024) to 20.00%, marking an increase of 1.00%.
For Other Income, as of Dec 2024, the value is ₹7.00 Cr.. The value appears to be declining and may need further review. It has decreased from 32.00 Cr. (Sep 2024) to ₹7.00 Cr., marking a decrease of 25.00 Cr..
For Interest, as of Dec 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹3.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 3.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹102.00 Cr.. The value appears to be declining and may need further review. It has decreased from 104.00 Cr. (Sep 2024) to ₹102.00 Cr., marking a decrease of 2.00 Cr..
For Tax %, as of Dec 2024, the value is 28.00%. The value appears to be increasing, which may not be favorable. It has increased from 27.00% (Sep 2024) to 28.00%, marking an increase of 1.00%.
For Net Profit, as of Dec 2024, the value is ₹73.00 Cr.. The value appears to be declining and may need further review. It has decreased from 76.00 Cr. (Sep 2024) to ₹73.00 Cr., marking a decrease of 3.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 72.55. The value appears to be declining and may need further review. It has decreased from ₹74.86 (Sep 2024) to 72.55, marking a decrease of ₹2.31.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:23 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	516	445	517	563	611	639	829	859	692	1,127	1,385	1,616	1,814
Expenses	481	430	497	526	551	571	735	744	615	988	1,154	1,294	1,463
Operating Profit	34	15	20	37	60	67	94	114	77	139	231	322	351
OPM %	7%	3%	4%	7%	10%	11%	11%	13%	11%	12%	17%	20%	19%
Other Income	20	27	21	28	39	39	36	9	72	43	40	89	91
Interest	0	0	0	0	1	1	1	1	1	1	1	2	2
Depreciation	8	7	7	6	6	6	7	9	9	8	10	11	13
Profit before tax	46	34	33	59	93	100	123	113	140	173	260	398	426
Tax %	29%	23%	15%	26%	22%	27%	31%	21%	20%	23%	23%	23%
Net Profit	33	26	28	44	72	73	85	89	112	133	200	307	322
EPS in Rs	32.52	25.99	28.08	43.47	71.37	72.63	83.86	88.35	110.92	131.30	197.63	303.80	318.38
Dividend Payout %	46%	38%	36%	29%	21%	21%	27%	28%	23%	27%	30%	30%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-21.21%	7.69%	57.14%	63.64%	1.39%	16.44%	4.71%	25.84%	18.75%	50.38%	53.50%
Change in YoY Net Profit Growth (%)	0.00%	28.90%	49.45%	6.49%	-62.25%	15.05%	-11.73%	21.14%	-7.09%	31.63%	3.12%

Voltamp Transformers Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	14%
5 Years:	14%
3 Years:	33%
TTM:	17%

Compounded Profit Growth
10 Years:	30%
5 Years:	29%
3 Years:	48%
TTM:	11%

Stock Price CAGR
10 Years:	26%
5 Years:	42%
3 Years:	52%
1 Year:	-17%

Return on Equity
10 Years:	15%
5 Years:	17%
3 Years:	20%
Last Year:	24%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:34 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	10	10	10	10	10	10	10	10	10	10	10	10	10
Reserves	400	415	431	459	555	610	677	738	824	932	1,097	1,344	1,407
Borrowings	0	0	0	0	0	0	0	0	0	0	0	3	3
Other Liabilities	51	56	55	51	48	50	64	69	82	119	115	164	186
Total Liabilities	461	481	495	521	613	670	751	817	916	1,061	1,223	1,521	1,606
Fixed Assets	52	47	41	39	38	43	48	58	53	62	67	77	76
CWIP	0	0	1	0	1	3	0	1	8	8	0	1	9
Investments	174	218	211	220	313	352	381	454	492	561	718	922	995
Other Assets	235	215	242	262	260	272	321	304	363	431	437	522	526
Total Assets	461	481	495	521	613	670	751	817	916	1,061	1,223	1,521	1,606

Below is a detailed analysis of the balance sheet data for Voltamp Transformers Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹10.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹10.00 Cr..
For Reserves, as of Sep 2024, the value is ₹1,407.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,344.00 Cr. (Mar 2024) to ₹1,407.00 Cr., marking an increase of 63.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹3.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded ₹3.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹186.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹164.00 Cr. (Mar 2024) to ₹186.00 Cr., marking an increase of 22.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹1,606.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹1,521.00 Cr. (Mar 2024) to ₹1,606.00 Cr., marking an increase of 85.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹76.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹77.00 Cr. (Mar 2024) to ₹76.00 Cr., marking a decrease of 1.00 Cr..
For CWIP, as of Sep 2024, the value is ₹9.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1.00 Cr. (Mar 2024) to ₹9.00 Cr., marking an increase of 8.00 Cr..
For Investments, as of Sep 2024, the value is ₹995.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹922.00 Cr. (Mar 2024) to ₹995.00 Cr., marking an increase of 73.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹526.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹522.00 Cr. (Mar 2024) to ₹526.00 Cr., marking an increase of 4.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹1,606.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,521.00 Cr. (Mar 2024) to ₹1,606.00 Cr., marking an increase of 85.00 Cr..

Notably, the Reserves (₹1,407.00 Cr.) exceed the Borrowings (3.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	79	40	-10	-1	78	43	32	108	20	66	168	216
Cash from Investing Activity +	-61	-32	24	12	-60	-20	-11	-86	21	-46	-127	-141
Cash from Financing Activity +	-12	-18	-12	-12	-16	-18	-18	-27	-26	-26	-36	-63
Net Cash Flow	6	-10	2	-2	2	4	3	-5	14	-7	4	12

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	34.00	15.00	20.00	37.00	60.00	67.00	94.00	114.00	77.00	139.00	231.00	319.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	103	117	102	96	92	83	78	64	90	62	60	54
Inventory Days	63	57	70	78	63	96	84	94	123	123	83	108
Days Payable	0	16	11	4	1	1	1	6	7	1	1	4
Cash Conversion Cycle	166	158	161	171	154	177	161	152	206	184	142	158
Working Capital Days	123	130	130	135	120	118	106	91	130	99	82	77
ROCE %	11%	7%	6%	11%	17%	16%	18%	15%	15%	19%	25%	32%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	50.00%	50.00%	50.00%	50.00%	50.00%	50.00%	38.00%	38.00%	38.00%	38.00%	38.00%	38.00%
FIIs	15.83%	16.25%	17.14%	13.99%	13.66%	14.09%	22.34%	23.23%	24.84%	27.28%	28.50%	26.70%
DIIs	21.81%	21.63%	21.86%	25.57%	25.85%	25.68%	28.45%	28.69%	26.88%	24.30%	22.60%	23.70%
Government	0.02%	0.02%	0.00%	0.00%	0.00%	0.00%	0.02%	0.07%	0.07%	0.07%	0.07%	0.07%
Public	12.34%	12.10%	11.00%	10.43%	10.48%	10.22%	11.18%	10.00%	10.19%	10.35%	10.82%	11.51%
No. of Shareholders	16,990	24,315	26,207	25,128	24,544	25,558	28,901	30,223	26,754	32,028	37,198	45,154

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India Small Cap Fund	864,398	1.52	696.21	130,000	2025-03-11	564.92%
HDFC Small Cap Fund - Regular Plan	494,626	1.2	322.53	130,000	2025-03-11	280.48%
HDFC Childrens Gift Fund - Regular Plan	279,820	2.22	182.46	130,000	2025-03-11	115.25%
Kotak Multicap Fund	130,000	1.05	84.77	130,000	2025-03-11	0%
HDFC Retirement Savings Fund - Equity - Regular Plan	90,190	1.34	58.81	130,000	2025-03-11	-30.62%
Mahindra Manulife Small Cap Fund	64,000	1.47	51.55	130,000	2025-03-11	-50.77%
Tata Infrastructure Fund - Regular Plan	43,295	1.81	28.23	130,000	2025-03-11	-66.7%
HDFC Defence Fund	26,504	0.93	17.28	130,000	2025-03-11	-79.61%
HDFC Multi Cap Fund	26,016	0.15	16.96	130,000	2025-03-11	-79.99%
Kotak Equity Savings Fund - Regular Plan	23,000	0.36	15	130,000	2025-03-11	-82.31%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	303.80	197.63	131.30	110.92	88.34
Diluted EPS (Rs.)	303.80	197.63	131.30	110.92	88.34
Cash EPS (Rs.)	315.04	207.21	139.15	119.67	97.23
Book Value[Excl.RevalReserv]/Share (Rs.)	1337.94	1094.41	931.24	824.49	739.56
Book Value[Incl.RevalReserv]/Share (Rs.)	1337.94	1094.41	931.24	824.49	739.56
Dividend / Share (Rs.)	90.00	60.00	35.00	25.00	25.00
Revenue From Operations / Share (Rs.)	1597.52	1369.07	1114.16	684.30	848.64
PBDIT / Share (Rs.)	406.57	267.82	179.84	147.58	120.94
PBIT / Share (Rs.)	395.33	258.23	171.99	138.84	112.05
PBT / Share (Rs.)	393.27	257.35	171.20	138.84	112.04
Net Profit / Share (Rs.)	303.80	197.63	131.30	110.92	88.34
PBDIT Margin (%)	25.44	19.56	16.14	21.56	14.25
PBIT Margin (%)	24.74	18.86	15.43	20.28	13.20
PBT Margin (%)	24.61	18.79	15.36	20.28	13.20
Net Profit Margin (%)	19.01	14.43	11.78	16.20	10.40
Return on Networth / Equity (%)	22.70	18.05	14.09	13.45	11.94
Return on Capital Employeed (%)	29.11	23.31	18.20	16.61	14.98
Return On Assets (%)	20.20	16.35	12.51	12.32	10.94
Asset Turnover Ratio (%)	1.18	1.21	1.14	0.80	1.10
Current Ratio (X)	3.71	4.90	4.80	5.53	5.26
Quick Ratio (X)	2.17	3.19	2.81	3.58	3.35
Inventory Turnover Ratio (X)	5.94	5.36	5.41	4.26	5.97
Dividend Payout Ratio (NP) (%)	19.74	17.71	19.04	22.53	30.70
Dividend Payout Ratio (CP) (%)	19.04	16.89	17.96	20.89	27.89
Earning Retention Ratio (%)	80.26	82.29	80.96	77.47	69.30
Cash Earning Retention Ratio (%)	80.96	83.11	82.04	79.11	72.11
Interest Coverage Ratio (X)	197.60	304.30	228.34	1493127.00	26598.48
Interest Coverage Ratio (Post Tax) (X)	148.66	225.55	167.71	1122169.00	19430.80
Enterprise Value (Cr.)	9772.12	2692.77	1970.55	1088.52	889.36
EV / Net Operating Revenue (X)	6.05	1.94	1.75	1.57	1.04
EV / EBITDA (X)	23.76	9.94	10.83	7.29	7.27
MarketCap / Net Operating Revenue (X)	6.06	1.96	1.76	1.60	1.04
Retention Ratios (%)	80.25	82.28	80.95	77.46	69.29
Price / BV (X)	7.24	2.45	2.11	1.33	1.20
Price / Net Operating Revenue (X)	6.06	1.96	1.76	1.60	1.04
EarningsYield	0.03	0.07	0.06	0.10	0.09

After reviewing the key financial ratios for Voltamp Transformers Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 303.80. This value is within the healthy range. It has increased from 197.63 (Mar 23) to 303.80, marking an increase of 106.17.
For Diluted EPS (Rs.), as of Mar 24, the value is 303.80. This value is within the healthy range. It has increased from 197.63 (Mar 23) to 303.80, marking an increase of 106.17.
For Cash EPS (Rs.), as of Mar 24, the value is 315.04. This value is within the healthy range. It has increased from 207.21 (Mar 23) to 315.04, marking an increase of 107.83.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 1,337.94. It has increased from 1,094.41 (Mar 23) to 1,337.94, marking an increase of 243.53.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 1,337.94. It has increased from 1,094.41 (Mar 23) to 1,337.94, marking an increase of 243.53.
For Dividend / Share (Rs.), as of Mar 24, the value is 90.00. This value exceeds the healthy maximum of 3. It has increased from 60.00 (Mar 23) to 90.00, marking an increase of 30.00.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 1,597.52. It has increased from 1,369.07 (Mar 23) to 1,597.52, marking an increase of 228.45.
For PBDIT / Share (Rs.), as of Mar 24, the value is 406.57. This value is within the healthy range. It has increased from 267.82 (Mar 23) to 406.57, marking an increase of 138.75.
For PBIT / Share (Rs.), as of Mar 24, the value is 395.33. This value is within the healthy range. It has increased from 258.23 (Mar 23) to 395.33, marking an increase of 137.10.
For PBT / Share (Rs.), as of Mar 24, the value is 393.27. This value is within the healthy range. It has increased from 257.35 (Mar 23) to 393.27, marking an increase of 135.92.
For Net Profit / Share (Rs.), as of Mar 24, the value is 303.80. This value is within the healthy range. It has increased from 197.63 (Mar 23) to 303.80, marking an increase of 106.17.
For PBDIT Margin (%), as of Mar 24, the value is 25.44. This value is within the healthy range. It has increased from 19.56 (Mar 23) to 25.44, marking an increase of 5.88.
For PBIT Margin (%), as of Mar 24, the value is 24.74. This value exceeds the healthy maximum of 20. It has increased from 18.86 (Mar 23) to 24.74, marking an increase of 5.88.
For PBT Margin (%), as of Mar 24, the value is 24.61. This value is within the healthy range. It has increased from 18.79 (Mar 23) to 24.61, marking an increase of 5.82.
For Net Profit Margin (%), as of Mar 24, the value is 19.01. This value exceeds the healthy maximum of 10. It has increased from 14.43 (Mar 23) to 19.01, marking an increase of 4.58.
For Return on Networth / Equity (%), as of Mar 24, the value is 22.70. This value is within the healthy range. It has increased from 18.05 (Mar 23) to 22.70, marking an increase of 4.65.
For Return on Capital Employeed (%), as of Mar 24, the value is 29.11. This value is within the healthy range. It has increased from 23.31 (Mar 23) to 29.11, marking an increase of 5.80.
For Return On Assets (%), as of Mar 24, the value is 20.20. This value is within the healthy range. It has increased from 16.35 (Mar 23) to 20.20, marking an increase of 3.85.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.18. It has decreased from 1.21 (Mar 23) to 1.18, marking a decrease of 0.03.
For Current Ratio (X), as of Mar 24, the value is 3.71. This value exceeds the healthy maximum of 3. It has decreased from 4.90 (Mar 23) to 3.71, marking a decrease of 1.19.
For Quick Ratio (X), as of Mar 24, the value is 2.17. This value exceeds the healthy maximum of 2. It has decreased from 3.19 (Mar 23) to 2.17, marking a decrease of 1.02.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 5.94. This value is within the healthy range. It has increased from 5.36 (Mar 23) to 5.94, marking an increase of 0.58.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 19.74. This value is below the healthy minimum of 20. It has increased from 17.71 (Mar 23) to 19.74, marking an increase of 2.03.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 19.04. This value is below the healthy minimum of 20. It has increased from 16.89 (Mar 23) to 19.04, marking an increase of 2.15.
For Earning Retention Ratio (%), as of Mar 24, the value is 80.26. This value exceeds the healthy maximum of 70. It has decreased from 82.29 (Mar 23) to 80.26, marking a decrease of 2.03.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 80.96. This value exceeds the healthy maximum of 70. It has decreased from 83.11 (Mar 23) to 80.96, marking a decrease of 2.15.
For Interest Coverage Ratio (X), as of Mar 24, the value is 197.60. This value is within the healthy range. It has decreased from 304.30 (Mar 23) to 197.60, marking a decrease of 106.70.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 148.66. This value is within the healthy range. It has decreased from 225.55 (Mar 23) to 148.66, marking a decrease of 76.89.
For Enterprise Value (Cr.), as of Mar 24, the value is 9,772.12. It has increased from 2,692.77 (Mar 23) to 9,772.12, marking an increase of 7,079.35.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 6.05. This value exceeds the healthy maximum of 3. It has increased from 1.94 (Mar 23) to 6.05, marking an increase of 4.11.
For EV / EBITDA (X), as of Mar 24, the value is 23.76. This value exceeds the healthy maximum of 15. It has increased from 9.94 (Mar 23) to 23.76, marking an increase of 13.82.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 6.06. This value exceeds the healthy maximum of 3. It has increased from 1.96 (Mar 23) to 6.06, marking an increase of 4.10.
For Retention Ratios (%), as of Mar 24, the value is 80.25. This value exceeds the healthy maximum of 70. It has decreased from 82.28 (Mar 23) to 80.25, marking a decrease of 2.03.
For Price / BV (X), as of Mar 24, the value is 7.24. This value exceeds the healthy maximum of 3. It has increased from 2.45 (Mar 23) to 7.24, marking an increase of 4.79.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 6.06. This value exceeds the healthy maximum of 3. It has increased from 1.96 (Mar 23) to 6.06, marking an increase of 4.10.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.07 (Mar 23) to 0.03, marking a decrease of 0.04.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Voltamp Transformers Ltd as of March 12, 2025 is: ₹5,769.05

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, Voltamp Transformers Ltd is Overvalued by 13.18% compared to the current share price 6,645.00

Intrinsic Value of Voltamp Transformers Ltd as of March 12, 2025 is: 7,123.47

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, Voltamp Transformers Ltd is Undervalued by 7.20% compared to the current share price 6,645.00

Last 5 Year EPS CAGR: 23.48%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 16.00%, which is a positive sign. The company has higher reserves (760.69 cr) compared to borrowings (0.46 cr), indicating strong financial stability. The company has shown consistent growth in sales (436.54 cr) and profit (153.69 cr) over the years.	The stock has a high average Working Capital Days of 111.75, which may not be favorable. The stock has a high average Cash Conversion Cycle of 165.83, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Voltamp Transformers Ltd:
1. Net Profit Margin: 19.01%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 29.11% (Industry Average ROCE: 16.58%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 22.7% (Industry Average ROE: 12.47%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 148.66
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.17
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 20.9 (Industry average Stock P/E: 50.93)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Voltamp Transformers Ltd. is a Public Limited Listed company incorporated on 02/03/1967 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L31100GJ1967PLC001437 and registration number is 001437. Currently Company is involved in the business activities of Manufacture of electric power distribution transformers, arc-welding transformers, fluorescent ballasts, transmission and distribution voltage regulators. Company's Total Operating Revenue is Rs. 1616.22 Cr. and Equity Capital is Rs. 10.12 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Power - Transmission/Equipment	Makarpura, Vadodra Gujarat 390014	voltamp@voltamptransformers.com http://www.voltamptransformers.com

Management
Name	Position Held
Mr. Kanubhai S Patel	Chairman & Managing Director
Mr. Kunjalbhai L Patel	Vice Chairman & Mng.Director
Mr. Hemant P Shaparia	Independent Director
Mrs. Taral K Patel	Non Executive Director
Mr. Jabal C Lashkari	Independent Director
Ms. Visha S Suchde	Independent Woman Director
Mr. Sameer Khera	Independent Director
Mrs. Roopa B Patel	Independent Woman Director

FAQ

What is the latest intrinsic value of Voltamp Transformers Ltd?

The latest intrinsic value of Voltamp Transformers Ltd as on 12 March 2025 is 5769.05, which is 13.18% lower than the current market price of 6,645.00, indicating the stock is overvalued by 13.18%. The intrinsic value of Voltamp Transformers Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹6,723 Cr. and recorded a high/low of ₹14,800/6,051 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,407 Cr and total liabilities of ₹1,606 Cr.

What is the Market Cap of Voltamp Transformers Ltd?

The Market Cap of Voltamp Transformers Ltd is 6,723 Cr..

What is the current Stock Price of Voltamp Transformers Ltd as on 12 March 2025?

The current stock price of Voltamp Transformers Ltd as on 12 March 2025 is ₹6,645.

What is the High / Low of Voltamp Transformers Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Voltamp Transformers Ltd stocks is ₹14,800/6,051.

What is the Stock P/E of Voltamp Transformers Ltd?

The Stock P/E of Voltamp Transformers Ltd is 20.9.

What is the Book Value of Voltamp Transformers Ltd?

The Book Value of Voltamp Transformers Ltd is 1,401.

What is the Dividend Yield of Voltamp Transformers Ltd?

The Dividend Yield of Voltamp Transformers Ltd is 1.35 %.

What is the ROCE of Voltamp Transformers Ltd?

The ROCE of Voltamp Transformers Ltd is 31.6 %.

What is the ROE of Voltamp Transformers Ltd?

The ROE of Voltamp Transformers Ltd is 24.3 %.

What is the Face Value of Voltamp Transformers Ltd?

The Face Value of Voltamp Transformers Ltd is 10.0.