Voltamp Transformers Reports Steady Q2 FY26 Growth, Achieves Manufacturing Milestone

Voltamp Transformers Limited announced its financial results for the second quarter of Fiscal Year 2026 (Q2 FY26), demonstrating steady performance. The company reported a net profit of ₹78.85 crore, a 4.2% increase from ₹75.67 crore in the same quarter last year. Revenue saw a substantial jump of 21.3%, reaching ₹482.6 crore, supported by a 24.8% growth in EBITDA to ₹93.55 crore, maintaining a healthy operating margin of 19.4%.

However, the company faced challenges due to heavy rainfall, which led to delivery disruptions and inaccessibility to certain sites, resulting in an estimated impact of ₹10 crore on invoicing for the quarter.

Despite these operational hurdles, Voltamp Transformers achieved a significant engineering and manufacturing feat by successfully producing and delivering its highest-rated power transformer to date – a 160 MVA, 220 kV class unit – ahead of schedule. This accomplishment highlights the company's technical capabilities.

In terms of leadership, Voltamp Transformers announced the elevation of Vijay Gupta as its new Chief Operating Officer (COO). Gupta brings over three decades of experience in the transformer industry and has been a long-standing member of Voltamp for 18 years, having previously worked with Crompton Greaves Ltd.

Work on the company's greenfield power transformer facility is progressing as planned, with an expected completion date in June 2026. As of September, the company had already invested ₹82.8 crore in this expansion project.

The company's financial health is further bolstered by a strong order pipeline. Starting FY26 with an order book of ₹938 crore, Voltamp added new orders worth ₹1,377 crore during the year so far, with an additional ₹92 crore in contracts awaiting confirmation. This robust order position provides strong revenue visibility for the upcoming quarters.

Shares of Voltamp Transformers closed 1.54% higher at ₹7,199 on the NSE on Friday. The results and developments are expected to be closely watched by investors on Monday.

Impact: This news is positive for Voltamp Transformers, showcasing growth, operational strength, and strategic expansion. It reinforces investor confidence in the company's ability to manage challenges and achieve milestones. The sustained growth and robust order book suggest good future prospects for the company. Impact Rating: 7/10

Difficult Terms: EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure of a company's operating performance, indicating profitability before accounting for financing, taxes, and non-cash expenses. MVA: Mega Volt-Ampere. A unit of apparent power used to measure the capacity of electrical equipment like transformers. A higher MVA rating indicates a transformer's ability to handle more power. kV: Kilovolt. A unit of electrical potential difference or voltage. 220 kV represents a very high voltage level, indicating a transformer designed for large-scale power transmission. Greenfield Facility: A new facility or project built from scratch on a new site, often undeveloped land, rather than expanding or renovating an existing site. Order Book: The total value of confirmed contracts or orders that a company has secured but has not yet fulfilled. It represents future revenue. Revenue Visibility: The extent to which a company's future revenues can be reliably forecast, typically based on its current order book, ongoing projects, and market conditions.