Results     01-Feb-22
Analysis
Voltamp Transformers
PAT down 6%, despite strong operating show, hit by lower OI




Standalone net sales (including other operating income) of Voltamp Transformers for the quarter ended Dec 2021 has increased 79% to Rs 314.95 crore.  Operating profit margin has jumped from 10.8% to 10.9%, leading to 81% rise in operating profit to Rs 34.38 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 79.30% to 78.02%.   Employee cost decreased from 4.40% to 4.32%.   Other expenses rose from 6.33% to 6.38%.   Other income fell 68% to Rs 7.66 crore.  PBIDT fell 2% to Rs 42.04 crore.  Provision for interest up 50% to Rs 0.24 crore.  PBDT fell 2% to Rs 41.8 crore.  Provision for depreciation down 13% to Rs 1.98 crore.  Profit before tax down 2% to Rs 39.82 crore.  Provision for tax was expense of Rs 9.71 crore, compared to Rs 8.53 crore.  Effective tax rate was 24.38% compared to 21.02%. Profit after tax fell 6% to Rs 30.11 crore.  

Nine month performance

Net sales (including other operating income) of Voltamp Transformers has increased 81.22% to Rs 740.01 crore.  Operating profit margin has declined from 10.87% to 9.77%, leading to 62.77% rise in operating profit to Rs 72.27 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 75.82% to 80.96%.   Employee cost decreased from 5.74% to 3.82%.   Other expenses fell from 7.84% to 6.21%.   Other income fell 43.02% to Rs 35.14 crore.  PBIDT rose 1.26% to Rs 107.41 crore.  Provision for interest up 33.33% to Rs 0.56 crore.  PBDT rose 1.14% to Rs 106.85 crore.  Provision for depreciation down 13.70% to Rs 5.73 crore.  Profit before tax grew 2.13% to Rs 101.12 crore.  Provision for tax was expense of Rs 20.15 crore, compared to Rs 17.86 crore.  Effective tax rate was 19.93% compared to 18.04%. Profit after tax fell 0.22% to Rs 80.97 crore.  

Promoters’ stake was 50.00% as of 31 December 2021, compared to 50.00% as of 31 December 2020.  


 

Voltamp Tranformers: Result

 

2112 (3)

2012 (3)

Var.(%)

2112 (9)

2012 (9)

Var.(%)

2103 (12)

2003 (12)

Var.(%)

Sales

314.95

175.75

79

740.01

408.34

81

692.31

858.58

-19

OPM (%)

10.9

10.8

 

9.8

10.9

 

11.2

13.2

 

OP

34.39

19.00

81

72.29

44.40

63

77.45

113.74

-32

Other inc.

7.66

24.02

-68

35.14

61.67

-43

72.47

8.61

742

PBIDT

42.05

43.03

-2

107.42

106.07

1

149.92

122.35

23

Interest

0.24

0.16

49

0.56

0.42

33

0.60

0.00

 

PBDT

41.80

42.86

-2

106.86

105.65

1

149.31

122.35

22

Dep.

1.98

2.27

-13

5.73

6.64

-14

8.85

8.99

-2

PBT

39.82

40.59

-2

101.13

99.01

2

140.46

113.35

24

Taxation

9.71

8.53

14

20.15

17.86

13

28.24

23.98

18

PAT

30.11

32.06

-6

80.97

81.15

0

112.22

89.38

26

EPS (Rs)*

#

#

 

#

#

 

110.9

88.3

 

* EPS is on Current Equity Of Rs 10.12 Crore of face value of Rs 10 each

# EPS is not annualised due to seasonality of business

Figures in Rs crore

Source: Capitaline Corporate Database

    

Peer Comparision (Standalone) Q-202112
Sales
(Rs. Crs)
var.(%) OP
(Rs. Crs)
var.(%) Net Profit
(Rs. Crs)
var.(%) Share Price(Rs)
31-Jan-2022
var.(%)
over
One year
TTM EPS TTM PE
Voltamp Transformers Ltd 314.95 79.2 34.38 80.95 30.11 -6.08 2,087.90 71.71 110.74 18.85
Apar Industries Ltd 2,063.76 30.77 106.54 -24.65 52.87 -20.77 695.50 89.69 52.97 13.13
Bharat Heavy Electricals Ltd 4,918.98 17.03 89.21 LP 14.26 LP 58.00 51.83 -4.40 -
CG Power & Industrial Solutions Ltd 1,446.23 105.63 672.81 -72.64 143.66 711.18 174.15 331.60 2.40 72.54
Crompton Greaves Consumer Electricals Ltd 1,410.19 6.58 201.64 3.31 148.12 0.47 423.60 1.78 10.48 40.42
Havells India Ltd 3,652.25 15.36 440.34 -13.33 305.92 -12.38 1,183.60 11.53 18.27 64.80
JSL Industries Ltd 16.59 26.45 1.69 -26.2 1.11 -37.29 239.40 199.25 20.02 11.96
Kaycee Industries Ltd 8.23 34.48 0.71 173.08 0.54 390.91 4,076.65 50.15 234.92 17.35
KLK Electrical Ltd 0.10 -87.95 0.03 0 0.04 33.33 27.30 102.22 -0.23 -
Shilchar Technologies Ltd 45.67 34.28 5.87 40.1 4.56 80.24 313.25 43.04 17.64 17.76
Surana Solar Ltd 2.62 -28.42 0.25 -80.92 0.31 287.5 30.30 200.30 0.11 266.25
Suzlon Energy Ltd 983.34 132.88 52.07 LP -182.28 20.48 11.94 80.64 -0.90 -
TD Power Systems Ltd 187.71 52.34 21.91 60.04 14.72 135.52 426.05 217.59 13.70 31.09
Triveni Turbine Ltd 216.81 24.8 40.19 21.24 31.28 25.62 202.70 139.88 3.12 65.02
Ujaas Energy Ltd 13.66 112.44 -0.95 56.82 -3.51 35.12 5.93 85.89 -0.39 -
Industry 15,281.09 28.06 1,666.69 -47.72 561.71 206.76 1,83,858.98 65.48 112.63
Previous News
  Voltamp Transformers standalone net profit rises 90.33% in the June 2023 quarter
 ( Results - Announcements 07-Aug-23   18:08 )
  Voltamp Transformers standalone net profit declines 8.50% in the December 2020 quarter
 ( Results - Announcements 12-Feb-21   10:50 )
  Voltamp Transformers schedules board meeting
 ( Corporate News - 27-Jul-23   09:51 )
  Voltamp Transformers schedules board meeting
 ( Corporate News - 19-Oct-23   13:48 )
  Voltamp Transformers
 ( Results - Analysis 16-Aug-20   16:09 )
  Voltamp Transformers to convene board meeting
 ( Corporate News - 08-Aug-22   14:13 )
  Voltamp Transformers net profit rises 35.11% in the March 2013 quarter
 ( Results - Announcements 18-May-13   09:49 )
  Voltamp Transformers to announce Quarterly Result
 ( Corporate News - 25-Jan-23   15:59 )
  Voltamp Transformers to hold board meeting
 ( Corporate News - 20-May-22   16:14 )
  Voltamp Transformers to table results
 ( Corporate News - 18-Jun-21   12:32 )
  Voltamp Transformers
 ( Results - Analysis 16-Feb-17   18:24 )
Other Stories
  Gillette India
  30-Aug-24   10:08
  AIA Engineering
  17-Aug-24   11:47
  Voltas
  17-Aug-24   11:43
  ABB India
  17-Aug-24   11:39
  NHPC
  17-Aug-24   11:23
  NTPC
  17-Aug-24   11:20
  Tata Power Company
  17-Aug-24   11:10
  Adani Ports & Special Economic Zone
  17-Aug-24   10:53
  Adani Power
  17-Aug-24   10:44
  Crompton Greaves Consumer Electricals
  17-Aug-24   10:34
Back Top