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Earnings Call

Yash Highvoltage Earnings Call: Key Takeaways

Yash Highvoltage reported FY26 revenue growth of 57% and PAT growth of 75%, driven by domestic demand and international expansion via a new US subsidiary.

Why this was an Alfa AlertNot a filter event. Performance is strong but no prior guidance range was provided for comparison.
Highlights
Revenue growth57% YoY to ₹235.1 Cr
MarginsEBITDA margins expanded to 25.7% from 23.1% YoY
Order book₹400+ Cr as of March 31, 2026
Demand visibilityIndia transformer industry growing 7-8% CAGR through FY30
Management confidenceStrong outlook given 'structural tailwinds' and 'multi-decade growth'

Growth

Revenue: ₹235 Cr (+57% YoY); PAT: ₹37.4 Cr (+75% YoY); EBITDA Margin: 25.7% vs 23.1%.

Outlook

₹153 Cr greenfield facility commissioning in H2FY27; targeting 6,000 units annually with ₹400+ Cr order book.

Risks

Long qualification cycles (8-10 years) for new suppliers and dependence on specialized transformer bushing niches.

Source

Earnings Call filed with BSE, BSE: 544310. Summary written with AI assistance from the document.

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Yash Highvoltage Ltd: key numbers

Share price
₹1,086.40
Market cap
₹3,108 Cr
Revenue (annual)
₹235.2 Cr
Net profit (annual)
₹37.32 Cr
P/E (TTM)
83.3×Sector 53.6×
Promoter holding
54.79%
FII holding
2.17%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Yash Highvoltage Partnership

Yash Highvoltage’s US subsidiary signed a 36-month representation agreement with Ensales Electrical Associates. This partnership targets utility homologation and sales growth across 19 US states.

Execution
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Yash Highvoltage Business Update

Yash Highvoltage's subsidiary, YASH HV USA INC., appointed ENSALES ELECTRICAL ASSOCIATES, INC. as its sales representative for the USA for a 36-month term.

Execution
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Yash Highvoltage Promoter Selling: ₹239.9 Cr

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Value
₹239.9 Cr
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