Latest news with #VoltampTransformers
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
Business Standard
03-05-2025
- Business
- Business Standard
Voltamp Transformers standalone net profit rises 3.53% in the March 2025 quarter
Sales rise 23.93% to Rs 624.81 crore Net profit of Voltamp Transformers rose 3.53% to Rs 96.83 crore in the quarter ended March 2025 as against Rs 93.53 crore during the previous quarter ended March 2024. Sales rose 23.93% to Rs 624.81 crore in the quarter ended March 2025 as against Rs 504.16 crore during the previous quarter ended March 2024. For the full year,net profit rose 5.87% to Rs 325.41 crore in the year ended March 2025 as against Rs 307.36 crore during the previous year ended March 2024. Sales rose 19.68% to Rs 1934.23 crore in the year ended March 2025 as against Rs 1616.22 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 624.81504.16 24 1934.231616.22 20 OPM % 18.6319.98 - 18.9319.94 - PBDT 132.99122.73 8 449.47409.25 10 PBT 129.35119.38 8 436.30397.88 10 NP 96.8393.53 4 325.41307.36 6
