One of the micro-cap transformer stocks engaged in the business of power engineering and specialized high voltage and high current transformer bushing. The stock has hit a 5 percent upper circuit after an agreement with WEIDMANN Electrical Technology AG, Switzerland.
Stock Price Movement
With a market capitalization of Rs. 807.86 crores, the shares of Yash Highvoltage Limited’s stock surged by 5 percent, reaching an upper circuit of Rs. 282.95 per share on Wednesday, up from its previous closing price of Rs. 282.95 per share.
What Happened
Yash HighVoltage Limited has entered into a 48-month agency agreement with WEIDMANN Electrical Technology AG, Switzerland, effective from January 1, 2025.
The agreement covers the promotion and sale of Yash HighVoltage’s products, including LV high current bushings up to 25,000 amps and OIP condenser bushings up to 245 kV in Germany, France, Spain, and several other European and North African countries.
In addition to its expertise in power generation, transmission, and distribution, Yash HighVoltage also manufactures a range of high-voltage equipment, ensuring comprehensive service offerings in the electrical industry.
Products Offering
Yash HighVoltage Limited offers high-quality electrical products, including high current bushings for transformers, oil-impregnated (OIP) and resin-impregnated (RIP) condenser bushings for insulation, and insulation materials like fiberglass cylinders and FRP guard rings to ensure durability and performance in power generation and transmission systems.
Manufacturing Capacity
Yash Highvoltage boasts robust manufacturing capabilities with an annual production capacity of 2,500 OIP bushings, 500 high-current bushings, 1,500 RIP bushings, and 1,200 FRP cylinders and guard rings, ensuring a consistent supply of high-quality products for the power transmission industry.
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Global Market Presence
Yash HighVoltage Limited has a strong global presence, exporting to markets such as the United States, Turkey, and Iran. The company has established key partnerships with prominent transformer industry firms, expanding its reach and enhancing its market position.
Recent quarter results and ratios
Yash Highvoltage Limited’s revenue has increased from Rs. 90 crore in FY23 to Rs. 108 crore in FY24, which has grown by 20 percent. The net profit of Yash Highvoltage Limited has also grown by 0.09 percent, from Rs. 11 crore in FY23 to Rs. 12 crore in FY24.
Yash Highvoltage Limited’s revenue and net profit have grown at a CAGR of 37.74 percent and 41.42 percent, respectively, over the last four years.
In terms of return ratios, the company’s ROCE and ROE should be 41.6 percent and 32.4 percent, respectively. The debt-to-equity ratio of the company is to be 0.28x, which shows the company is almost debt-free. Yash Highvoltage Limited’s EPS is to be Rs. 39.2.
Company Overview
Yash Highvoltage Limited was incorporated in 2002 and specializes in power engineering, manufacturing high voltage and high current transformer bushings. The company plays a crucial role in the power industry, providing essential components for transformers, ensuring efficient energy distribution, and enhancing power infrastructure.
Written By – Nikhil Naik
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