Voltamp Transformers - Long-Term Story Remains Intact: Prabhudas Lilladher
Electrical power lines and poles. (Photographer: David Paul Morris/Bloomberg)

Voltamp Transformers - Long-Term Story Remains Intact: Prabhudas Lilladher

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Prabhudas Lilladher Report

Voltamp Transformers Ltd. reported disappointing performance for the quarter wherein revenue de-grew by 30% YoY aided by slower dispatch of goods due to delay in clearance/payments from clients.

Margins contracted by 300 basis points owing to sharp increase in raw material prices. Thus, overall weak operating performance led to miss in profitability.

Order inflows during the quarter came in at Rs 1.9 billion, down 8% YoY largely affected due to deferment of orders.

Order backlog stood strong at Rs 5.4 billion, up 20% YoY providing revenue visibility for two-three quarters.

Click on the attachment to read the full report:

Prabhudas Lilladher Voltamp Transformers Q3FY21 Result Update.pdf

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