Voltamp Transformers - Higher Capacity Utilisation Aids Profitability: ICICI Securities

BQ Prime’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 BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.Voltamp Transformers Ltd.’s product portfolio comprises oil-filled power and distribution transformers up to 160 mega volt ampere, 220 kilo volt class and dry type transformers up to 12.50 MVA, 33 KV class. Company has 20% market share in distribution transformers, ~40% in dry type transformers and ~10% in industry-based transformers. As per the management: the currently strong demand momentum is likely to be sustained through the medium term mainly on the back of the government’s production linked incentive scheme, revival in private sector capex and ‘China plus one’ strategy; Voltamp remains focused on short-cycle orders mainly from the private sector, which helps balance volatile commodity prices;company is focusing on scaling up its services business revenue over the next five years;emphasis now is more on improving profitability via a better sales mix; and competitive intensity continues to be high despite uptick in demand since the acquisition of CG Power and Industrial Solutions Ltd. by Murugappa Group (which has led to pricing pressures)..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Voltamp Transformers - Higher Capacity Utilisation Aids Profitability: ICICI Securities

Voltamp Transformers - Higher Capacity Utilisation Aids Profitability: ICICI Securities

Choose a plan