About Voltamp Transformers Limited

Voltamp Transformers Limited was incorporated in 1967 in Vadodara as a private company and was converted into a public company in 2006, with a registered office in Vadodara and manufacturing plants at Makarpura and Savli, District Vadodara. The company designs and manufactures transformers, with sales volumes reaching 15,460 MVA in FY 2024–25, up from 13,070 MVA in the previous year, reflecting strong operations and market demand. Operations are primarily in India, with a healthy domestic order book of Rs 1,129.00 crore equivalent to 9,856 MVA and full capacity utilisation targeted for FY 2025–26, underpinned by robust enquiry momentum in Indian power sector capex cycles. Key milestones in FY 2024–25 include achieving highest-ever sales and service revenue of Rs 1,934.23 crore, record PBT of Rs 436.30 crore, and PAT of Rs 325.41 crore, alongside commencement of construction of a new power transformer factory at Jarod, Vadodara. The financial statements for the year ended March 31, 2025 were authorised by the Board on May 03, 2025, confirming audited governance cadence and compliance with Ind AS.

Voltamp Transformers Limited Business Segments

• The company reports revenue from operations of Rs 1,934.23 crore in FY 2024–25; segmental percentage contribution by product vertical or domestic vs international is not disclosed in the report sections reviewed.

Voltamp Transformers Limited Key Management

• Kanubhai S. Patel — Chairman & Managing Director

• Kunjal L. Patel — Vice Chairman & Managing Director

• Taral K. Patel — Director; Chairperson, CSR Committee

• Roopa B. Patel — Director

• Pareen Shah — Director

• Mayur Swadia — Director

• Shailesh Prajapa — Chief Financial Officer

• Sanket Rathod — Company Secretary & Compliance Officer

Latest Updates on Voltamp Transformers Limited

• Achieved highest-ever sales and service revenue of Rs 1,934.23 crore and record profitability in FY 2024–25, with PBT at Rs 436.30 crore and PAT at Rs 325.41 crore, supported by volume of 15,460 MVA and capacity utilisation exceeding 100%.

• Healthy order book of Rs 1,129.00 crore (9,856 MVA), with strategic policy to avoid delivery schedules beyond nine months to mitigate margin risk amid supply chain constraints.

• Jarod, Vadodara: Land acquisition formalities completed and factory building construction started for a new power transformers plant; long lead-time plant and machinery orders concluded, with phase one designed for up to 6,000 MVA p.a. within a broader plan up to 250 MVA/220 kV class.

• Governance moves: Appointment of Ms. Y. S. Thakar & Co. as Cost Auditors for FY 2025–26 at Rs 0.75 lakh, subject to shareholder ratification; proposal to appoint Ms. J. J. Gandhi & Co. as Secretarial Auditors for five years from April 01, 2025, at Rs 0.60 lakh for FY 2025–26 plus taxes.

• ESG progress: Rooftop solar installed at all factory locations with a target that by 2027 all electricity needs will be met from renewable sources; Zero Liquid Discharge approach at Savli unit and strengthened HSE systems (ISO 45001:2018).