Prabhudas Lilladher: Voltamp Transformers - A Major Beneficiary To Capex Spending
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Prabhudas Lilladher Report
We recently hosted Mr. KS Patel, Chairman and Managing Director of Voltamp Transformers Ltd. to gain insights on company’s growth strategy and industry outlook.
Despite of challenging environment, company reported healthy performance during Q2 FY21 with 55% capacity utilization. Management indicated that operations have started resuming gradually and enquiries continue to remain strong.
However, there is some delay in order finalization as projects are getting delayed at site and finalization process is largely project progress specific.
Order book currently stands at Rs 5.2 billion, providing revenue visibility for next two-three quarters.
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