Overview
- Voltamp shares have fallen about 25% over the last three sessions after a weaker Q4, with brokerages cutting forecasts and Emkay Global downgrading the stock.
- Operating profit in the March quarter fell 30% year on year to Rs 79.77 crore and the EBITDA margin dropped to about 13.17%, which drove a roughly 51% decline in reported net profit.
- Management said a weaker rupee, pricier critical components, and a jump in transformer oil costs tied to the Middle East conflict squeezed margins.
- For FY26, revenue reached a record Rs 2,153.7 crore, and the board proposed a final dividend of Rs 100 per share funded from internal accruals.
- A Rs 200 crore expansion to add 6,000 MVA of capacity remains on track for July 2026, and an order book near Rs 1,200 crore plus Rs 310 crore of April wins points to steady demand.