Voltamp Transformers Ltd
About
Voltamp Transformers Limited was founded by Lalitkumar H. Patel in Vadodara to design, manufacture, and supply transformers to the Indian and overseas markets. With a total of 70,000 installations, Voltamp is one of the largest suppliers of transformers to public sector undertakings, cooperatives, and multinational companies in industries like power, steel, oil and gas, cement, green energy, and chemicals, among others. Its 2 manufacturing units, located in the Makarpura and Savli districts of Vadodara, Gujarat, offer oil-filled power and distribution transformers, dry type transformers, ring main unit, compact substation, and other services including maintenance, testing, repairing, and overhauling. With clients like Larsen & Toubro, Thyssenkrupp, Hitachi, Siemens, and Tata Projects, Voltamp was able to generate sales of ₹1,616.22 cr in FY 23-24.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 1766 24.3% | 1422 18.2% | 1203 59.7% | 753 -14.6% | 882 0.6% | 877 29.1% | 679 5.1% | 647 7.2% | 603 9.2% | 553 22.1% | 453 -12.1% | 515 -14.2% | 600 6.3% | 565 -0.5% | 568 -12.9% | 652 - |
| Net Operating Income (INR Cr) | 1616 16.69% | 1385 22.88% | 1127 62.82% | 692 -19.37% | 859 3.59% | 829 29.75% | 639 4.56% | 611 8.46% | 563 8.98% | 517 16.21% | 445 -13.72% | 516 -9.53% | 570 6.44% | 535 -1.22% | 542 -16.48% | 649 16.86% |
| Profit (INR Cr) | 307 53.7% | 200 50.5% | 133 18.4% | 112 25.6% | 89 5.4% | 85 15.5% | 73 1.8% | 72 64.2% | 44 54.8% | 28 8.1% | 26 -20.1% | 33 -1.1% | 33 -35.7% | 52 -37.3% | 83 -28.1% | 115 - |
| Assets (INR Cr) | 1370 22.4% | 1119 17.3% | 954 12.9% | 845 11.8% | 756 9.1% | 693 10.8% | 626 9.9% | 570 20.4% | 473 6.6% | 444 4.2% | 426 3.5% | 412 3.8% | 397 4.9% | 378 13.8% | 332 25.6% | 265 - |
| Net Worth (INR Cr) | 1354 22.3% | 1107 17.5% | 942 13.0% | 834 11.5% | 748 9.0% | 687 10.7% | 620 9.8% | 565 20.3% | 470 6.5% | 441 3.8% | 425 3.5% | 410 3.8% | 395 5.8% | 374 12.4% | 332 25.6% | 265 60.7% |
| Employee Cost (INR Cr) | 54 34.2% | 40 3.2% | 39 17.0% | 33 -0.2% | 33 13.0% | 29 20.3% | 24 11.0% | 22 3.9% | 21 0.1% | 21 15.0% | 18 -6.6% | 20 5.1% | 19 18.1% | 16 48.3% | 11 -3.9% | 11 - |
| Interest Cost (INR Cr) | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Cash & Bank Balance (INR Cr) | 29 | 18 | 13 | 25 | 6 | 11 | 8 | 4 | 2 | 3 | 1 | 11 | 5 | 36 | 41 | 6 |
| Total Debt (INR Cr) | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 17.4% | 14.1% | 11.0% | 14.9% | 10.1% | 9.7% | 10.8% | 11.2% | 7.3% | 5.1% | 5.8% | 6.4% | 5.5% | 9.2% | 14.5% | 17.6% |
| Profit As % Of Assets | 22.4% | 17.9% | 13.9% | 13.3% | 11.8% | 12.2% | 11.7% | 12.7% | 9.3% | 6.4% | 6.2% | 8.0% | 8.4% | 13.7% | 24.8% | 43.4% |
| Profit As % Of Networth | 22.7% | 18.1% | 14.1% | 13.5% | 12.0% | 12.4% | 11.9% | 12.8% | 9.4% | 6.4% | 6.2% | 8.0% | 8.4% | 13.9% | 24.8% | 43.4% |
| Interest Cost to EBITDA % | 0.7% | 0.4% | 0.6% | 0.8% | 0.6% | 0.6% | 0.8% | 0.9% | 1.2% | 1.5% | 2.5% | 1.4% | 1.2% | 0.9% | 0.7% | 0.4% |
| Debt to Equity Ratio | 0.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 25.0% | 19.5% | 15.0% | 11.6% | 12.5% | 13.0% | 12.4% | 14.0% | 8.0% | 5.2% | 5.0% | 8.2% | 8.7% | 14.7% | 27.6% | 53.5% |
| ROCE | 32.1% | 25.2% | 19.4% | 14.4% | 15.7% | 18.7% | 16.9% | 17.9% | 10.8% | 5.8% | 6.6% | 11.5% | 12.6% | 21.8% | 41.2% | 78.8% |