VOLTAMP TRANSFORMERS
CMP-1160
Voltamp transformers is a 52 Year old 100% debt free leading transformer manufacturing company in India. The company is engaged in the business of offering distribution transformers, power transformers and dry type transformers, in which the distribution and power transformers are oil-filled transformers.
Established in the year 1963 Voltamp transformers was started to manufacture transformers. The company began it with manufacturing of transformer upto 10,000 KVA, 66 KV for utilities and industrial clients. In the year 1998, the company entered into technical license with Mora Tranformatoren GmbH, Germany for manufacturing Vacuum Resin Impregnated Dry Type Transformers. Later in the year 2002, the company entered into a technical license with German based Hochspannungstechnik und Transformatorbau GmbH for manufacturing Cast Resin Dry Type Transformer.
Voltamp transformer has manufacturing facility is located at Makarapura in Vadodara. Company also has four independent units each for oil filled power transformer, oil filled distribution transformer, resin impregnated dry type transformer and cast resin type transformer.
Financials-:
The Company has achieved net sales and service revenue of 828.82 Crores as compared to 651.41 crores in the previous year (+27% growth) and the PBT increased to 122.67 crores as compared to 100.14 crores in the previous year(22% growth) and PAT increased to 84.89 crores as compared to 73.37 crores in the previous year (+15% growth). Company has a solid track record of Compounded sales growth of 13% and Compounded Pofit growth of 31% over both 3 and 5 years. It is regularly dividend paying company and it has paid healthy 150 percent dividend for FY19 along with a special dividend of 75% in 2019.
The company an equity base of just 1.01 Cr equity shares of 10 Rs FV of which promoters hold 48% while Mutual Funds hold 18.88 percent and FIIs hold 15.58 percent stake in this company.
Investments-: Company has in total 381Cr in Investments of which 5cr has been invested in PMS and AIF ,228 Cr is invested in various Mutual Fund shcemes, 79 Cr in tax free bonds and corporate bonds. Thus total Investment and Cash value per share of the company comes around 400 Rs.Apart from that the company has a huge reserve of around Rs 677 crore.
(Voltamp Transformers was suggested in DARKHORSESTOCKS on 2nd Sept 2018 , since than the stock has delievered 37% returns.)
