Latest news with #VoltampTransformers
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Business Standard
21-07-2025
- Business
- Business Standard
Dividend stocks: These 8 stocks to go ex-date on July 22; do you own any?
Dividend stocks today, Monday, July 21, 2025: Shares of Voltamp Transformers, Happy Forgings, Hind Rectifiers, Menon Pistons, SIL Investments, Siyaram Silk Mills, Strides Pharma Science, and Wires & Fabriks SA are expected to remain in spotlight today following their announcements of dividend rewards for shareholders. The BSE data suggests that they are slated to trade as they will trade ex-date tomorrow, Tuesday, July 22, 2025. Notably, the ex-date is the day a stock begins trading without the entitlement to corporate benefits such as dividends or bonus shares. Thus, the investors must hold the stock before the ex-date to be eligible for these benefits. The record date, however, is when the companies determine the list of shareholders who qualify for the corporate action. Among the companies, Voltamp Transformers has declared a final dividend of ₹100 per share for the financial year 2024-25 (FY25), with the record date set for July 22 to determine eligible shareholders. Among others, Siyaram Silk Mills has announced a final dividend of ₹5 per share, with the record date also fixed for July 22. Strides Pharma Science has declared a final dividend of ₹4 per share for FY25, Happy Forgings will pay a final dividend of ₹3 per share, and SIL Investments has announced a final dividend of ₹2.20 per share. All three have also set July 22 as the record date. Company Ex-date Purpose Record date Happy Forgings July 22, 2025 Final Dividend - ₹3 July 22, 2025 Hind Rectifiers July 22, 2025 Final Dividend - ₹2 July 22, 2025 Menon Pistons July 22, 2025 Final Dividend - ₹1 July 22, 2025 SIL Investments July 22, 2025 Final Dividend - ₹2.50 July 22, 2025 Siyaram Silk Mills July 22, 2025 Final Dividend - ₹5 July 22, 2025 Strides Pharma Science July 22, 2025 Final Dividend - ₹4 July 22, 2025 Voltamp Transformers July 22, 2025 Final Dividend - ₹100 July 22, 2025 Wires & Fabriks SA July 22, 2025 Final Dividend - ₹0.10 July 22, 2025 (Source: BSE/ Furthermore, Menon Pistons and Wires & Fabriks SA will distribute final dividends of ₹1 and ₹0.10 per share, respectively. These companies have also set July 22 as the record date for determining eligible shareholders.
Economic Times
20-07-2025
- Business
- Economic Times
Corporate actions this week: LIC, Hero Moto, 23 more stocks to have record dates for dividend. Do you own any?
India's largest life insurer Life Insurance Corporation (LIC), two-wheeler major Hero MotoCorp and pharma stocks like Novartis, Zydus Lifesciences and Lupin will be among 25 companies which will be holding their record dates for the purpose of dividend. Check if you own any of these stocks: ADVERTISEMENT Monday, July 21 It will be the ex-date and record date for dividends of: --Shree Cement: Final Dividend of Rs 60-- Thangamayil Jewellery: Final Dividend of Rs 12.50 ADVERTISEMENT Tuesday, July 22It will be the ex-date and record date for final dividend of Rs 100 Voltamp Transformers ADVERTISEMENT Wednesday, July 23It will be the ex-date and record date for dividends of: ADVERTISEMENT -- Aditya Birla Sun Life AMC: Dividend of Rs 24-- EL CID Investments: Final Dividend of Rs 25-- Novartis India: Final Dividend of Rs 25 ADVERTISEMENT -- Pidilite Industries: Final Dividend of Rs 20 Thursday, July 24 It will be the ex-date and record date for dividends of:-- Birlanu: Final Dividend of Rs 30 -- Fiem Industries: Final Dividend of Rs 30 -- Hero MotoCorp: Final Dividend of Rs 65-- Paushak: Final Dividend of Rs 20-- TCPL Packaging: Dividend of Rs 30 Friday, July 25 It will be the ex-date and record date for dividends of: -- 3M India: Dividend of Rs 535 -- Abbott India: Final Dividend of Rs 475 -- Akzo Nobel India: Final Dividend of Rs 30 -- Bharti Hexacom: Final Dividend of Rs 10-- Divis Laboratories: Final Dividend of Rs 30-- Fine Organic Industries: Final Dividend of Rs 11-- GOCL Corporation: Dividend Rs 10 -- ICRA: Final Dividend of Rs 60 -- Life Insurance Corporation of India (LIC): Final dividend of Rs 12-- Lupin: Final dividend of Rs 12 -- Thyrocare Technologies: Final Dividend of Rs 21 -- Timken India: Rs Final Dividend of Rs 36 -- Zydus Lifesciences: Final Dividend of Rs 11 (You can now subscribe to our ETMarkets WhatsApp channel)
Mint
12-06-2025
- Business
- Mint
As India switches gears to renewable energy, these five switchgear stocks may benefit
Renewable energy generation in India is on the rise, which in turn is raising demand for switchgear and switchboard parts to support grid infrastructure. Switchgear plays a crucial role in controlling, protecting and isolating electrical equipment to ensure that electricity is distributed safely and efficiently. Increasing demand for smart switchgear is an upcoming trend in the market, and investors are looking for opportunities for long-term gains. Here are five switchgear stocks to watch in 2025. These have been filtered using Equitymaster's powerful stock screener – best switchgear stocks in India. #1 CG Power & Industrial Solutions Headquartered in Mumbai, CG Power is an 86-year-old engineering conglomerate and a leader in the electrical engineering industry. It has two business lines—industrial systems and power systems. The company provides a comprehensive array of switchgear products. Its product portfolio includes: These are crucial components for power distribution, protection, and control in the industrial, commercial, and utility sectors. Also read: As India looks to attract global EV makers, these five companies could win big The company plans a capacity expansion of switchgears (Nashik) for ₹155 crore. The board has also approved a greenfield expansion for 45,000 mega volt-amperes (MVA) of power transformer capacity for ₹712 crore, which would increase its overall capacity to 85,000 MVA by FY28. In the MV switchgear business, the company expanded its presence in the metro segment by securing a 33kV AIS order for projects in Bhopal, Indore, and Agra. It operates world-class switchgear manufacturing facilities at Nashik and Aurangabad in Maharashtra. Revenue increased at a compounded annual growth rate (CAGR) of 39.5% over the past three years, while net profit has grown slowly since FY22. The company maintained strong financial health, with an average return on equity (RoE) of 45.9% and return on capital employed (RoCE) of 53.8%. #2 GE Vernova T&D India GE T&D is the listed entity of GE's Grid Solutions business in India. It builds power transmission and distribution infrastructure, and has a product portfolio comprising the entire range of transmission equipment up to EHV (765 kV and beyond), including AIS and locally manufactured power transformers and GIS. The company offers products for the power industry, including power transformers, circuit breakers, switchgear, instrument transformers, substation automation equipment, digital software solutions and more. It manufactures electricity distribution and control apparatus for switching or protecting electrical circuits – switches, fuses, voltage limiters, surge suppressors, junction boxes, etc. This contributes 23.7% of the company's revenue. Revenue has been flat over the past three years, while the company recorded a strong bottom line in 2024 after a bout of losses. It has an average RoE of 4.9% and RoCE of 10.6%. #3 Voltamp Transformers Voltamp Transformers is a Baroda-based company that primarily manufactures various types of oil-filled power & distribution transformers of various classes. It has two main business segments: Its clients include companies in the power, oil refinery, textile, chemical, real estate, automobile, infrastructure, and steel sectors. These include Larsen & Toubro, TECHNIP, Thyssenkrupp, Toyo, Petrofac, Engineers India, Tata Projects, Thermax, Siemens, ABB, GE and Hitachi. The company has four manufacturing facilities in Gujarat with a total installed capacity of 14,000 MVA. Also read: Five shipbuilding stocks to watch as India strengthens ties with Japan Revenue increased at a CAGR of 32.7% over the past three years, while net profit grew at a CAGR of 39.9%. The company has maintained strong financial health, with an average RoE of 18.3% and RoCE of 23.9%. #4 HPL Electric & Power The companyis a leading electrical equipment manufacturer in India, with a significant presence in five product verticals – metering solutions, modular switches, switchgears, LED lighting, and wires& cables. It is the largest manufacturer of on-load change-over switches, with a50%market share in India. It also has a 20% sharein domestic electric meters, and 5% in LV switchgear. The company has seven manufacturing facilities in Gurugram, Jabli, Kundli & has an order book of more than ₹3,500 crore as of 20 May. Revenue grew 16.39% and domestic switchgear grew 16% in FY25. Revenue grew at a CAGR of 18.6% over the past three years, while net profit grew at a CAGR of 63.3%. The company maintained strong financial health, with an average RoE of 3.4% and RoCE of 13.9%. #5 RMC Switchgears Incorporated in 1994, RMC Switchgears is in the business of switchgear engineering and early contractor involvement (ECI) contracts for the power distribution/transmission sector. Its manufacturing facilities are located at Badodiya, with an installed production capacity of 36,000 MT. RMC Switchgears caters to diverse industries including railways, electrical, utility, aerospace, automotive, roads & highways, oil & gas, chemical processing, and cooling towers. The company is developing innovative products such as advanced metering infrastructure and distributed automation systems. These are designed to minimise transmission losses and enhance the efficiency of India's evolving electrical infrastructure. It is also focusing on products such as smart meter enclosures and distribution boxes for various transformers. Revenue grew at a CAGR of 57.2% over the past three years, while net profit grew at a CAGR of 221.1%. The company has maintained strong financial health, with an average RoE of 17.5% and RoCE of 27.9%. Also read: Top 5 precision engineering stocks in India to add to your watchlist Conclusion Switchgear companies play a critical role in India's energy transition, electrification push, and infrastructure upgrades. Investors could consider these stocks based on the company's market position, scalability, and future growth. It's important, however, to keep in mind the risks of margin volatility, policy execution, and competitive differentiation. Thorough research on financials and corporate governance is vital before making any investment decisions to ensure they align with your financial goals and risk appetite. Happy investing! Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. This article is syndicated from
Zawya
20-05-2025
- Business
- Zawya
Hyosung and Hitachi in race for Bahrain's 66kV substation transformer works project
Bahrain's Electricity and Water Authority (EWA) has opened bids for the 66kV Substation Transformer Works package, part of a broader plan to establish new 66kV substations to meet rising electricity demand across the Kingdom. The international limited tender attracted three bids, with offers submitted by South Korea's Hyosung Heavy Industries Corporation, Oman's Voltamp Transformers Oman, and Switzerland's Hitachi Energy. The scope includes the design, manufacturing, supply, transportation, erection, testing, and commissioning of 19 units of 66kV power transformers for the establishment of a new 66kV substation. Hyosung submitted the highest bid at 21.75 million Bahraini dinars ($58 million), followed by Hitachi Energy at BHD 9.48 million ($25 million). Voltamp Transformers Oman offered the lowest bid at BHD 7.31 million ($19 million); however, the bid was marked as suspended. EWA is proceeding with the evaluation of the accepted bids. (Writing by Deva Palanisamy; Editing by Anoop Menon) (
Mint
06-05-2025
- Business
- Mint
Multibagger stock to buy: Prabhudas Lilladher expects 25% upside after Q4 results 2025
Multibagger stock to buy: Brokerage firm Prabhudas Lilladher has given 'buy' rating to multibagger smallcap stock Voltamp Transformers. The brokerage firm has given the target price of Rs10,285, sees an upside potential up to 25 per cent after the company reported healthy Q4 results for 2025. 'We remain positive on VAMP considering its 1) strong market position in industrial transformers, 2) healthy demand momentum, 3) debt-free balance sheet, 4) consistent free cash flow generation, and 5) growing high-margin services business. The stock is trading at a P/E of 25.2x/22.3x FY26/27E. We maintain 'Buy' rating and roll forward to Mar'27E valuing the stock at a PE of 28x FY27E (33x Sep'26E earlier) with a revised TP of Rs10,285 (Rs11,437 earlier),' the brokerage firm said in a note. The brokerage firm has also revised its FY25/26E EPS estimates of Voltamp Transformers by -2.5%/-3.6%, factoring in expected margin normalization driven by a moderation in realizations against high base. 'The company's outlook remains positive, supported by strong demand from sectors such as data centers, steel, cement, and green energy, while commercial and industrial projects are expected to boost demand for IDT transformers. However, margins are expected to normalize going ahead due to a high base and rising competition,' it added. For the financial year ending March 31, 2025, the company recorded a 24% rise in net sales and services income, reaching ₹ 624.81 crores compared to ₹ 504.16 crores the previous year. Total income increased by 22% to ₹ 641.82 crores, while net profit before tax climbed to ₹ 129.34 crores from ₹ 119.38 crores. Operating profit rose 18% year-on-year to ₹ 114.01 crores, up from ₹ 96.99 crores. Despite these gains, the EBITDA margin dipped slightly to 18.63% from 19.92%, mainly due to a 27% decline in other income and a 32% drop in investment income. Voltamp Transformers also declared a record-breaking dividend of ₹ 100 per share (equivalent to 1000% of the ₹ 10 face value), marking the highest payout in the company's history. This results in a total distribution of ₹ 101.17 crore, which represents 43% of its net profit after accounting for capital expenditures and book profits. 'Reflecting on the Company's stellar performance, the Board of Directors proposed payment of dividend @ 1000% i.e. Rs.100 per equity share on face value of Rs.10 per share, the ever highest in its history entailing total payout of Rs.101.17 crores, representing 43% payout of after tax profit, adjusted for CAPEX and marked to market gain (being book entry),' the company said in the filing. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions. First Published: 6 May 2025, 01:27 PM IST
