Yash Highvoltage Limited (BSE: 544310)., a leading manufacturer of condenser-graded high voltage and high current transformer bushings, has announced its audited consolidated financial results for the Half Year and the year ended March 31, 2026.
The key highlights are as follows:
H2 FY26 – Consolidated Performance Highlights
- Revenue from Operations stood at ₹ 135.5 crore, registering a growth of 46% YoY compared to ₹ S2.5 crore in H2 FY25
- EBITDA stood at ₹ 37.2 crore, reflecting a growth of 61% YoY
- EBITDA Margin stood at 27.4%, compared to 25.0% in H2 FY25
- Net Profit stood at ₹ 23.7 crore, registering a growth of 58% YoY with the PAT margin of 17.5%
- Earnings Per Share (EPS) stood at ₹ 8.31, compared to ₹ C.7C in H2 FY25
FY26 – Consolidated Performance Highlights
- Revenue from Operations stood at ₹ 235.1 crore, reflecting a growth of 57% YoY over FY25
- EBITDA for the year stood at ₹ 60.4 crore, registering a growth of 34.5% YoY
- EBITDA Margin for FY26 stood at 25.7%, compared to 23.1% in FY25
- Net Profit for FY26 came in at ₹ 37.4 crore, registering a growth of 75% YoY. The PAT margin came in at 15.9% compared to 14.3% in FY25.
- Earnings Per Share (EPS) stood at ₹ 13.08, compared to ₹ 8.94 in FY25
Operational G Strategic Highlights for FY26:
- Greenfield RIP/RIS manufacturing facility entered the final phase of execution, with trial production expected in H1 FY27
- Achieved the highest-ever sales in FY26 at 7,272 units, compared to 5,752 units in the previous yearOperationalized Yash HV USA Inc. and expanded international presence through strategic distribution partnerships across Europe and the UK
- Completed the acquisition of Sukrut Electric in partnership with Ǫuality Power, strengthening participation across the broader transformer component ecosystem
- Successfully completed in-house testing of the first 245 kV oil-to-oil transformer bushing, strengthening the company’s technological capabilities
- Strengthened global market presence through strategic partnerships with Weidmann for select European and North African markets, and Electrolink for the UK, Ireland, and Wales
Commenting on the Company’s performance, Mr. Keyur Shah, Managing Director, Yash Highvoltage, said:
“FY2C has been Yash Highvoltage’s strongest year in our two-decade history – and we are just getting started. Revenue grew 57% YoY to Rs. 235 crore, and PAT rose 75% YoY to Rs. 37 crore, reflecting disciplined execution across domestic and export markets and continued demand momentum in the transformer and power infrastructure space.
During the year, we also made significant strategic progress with the greenfield expansion entering its final phase of execution, strengthening our RIP/RIS capabilities and localization initiatives. In addition, the acquisition of Sukrut Electric, operationalization of Yash HV USA Inc., and expansion of our international distribution network further strengthened our long-term growth platform.
Structural tailwinds in power infrastructure remain strong both in India and globally. With a differentiated niche positioning, deep customer relationships, and a growing international footprint, Yash Highvoltage is well placed for the next phase of multi decade growth.”
About Yash Highvoltage Ltd
Established in 2002, Yash Highvoltage Limited (Yash®) operates from Vadodara, Gujarat is an ISO 9001 and 14001 certified, independent and indigenous manufacturer of High Voltage (HV) and Extra High Voltage (EHV) condenser-graded transformer bushings, including High Current (HC) variants. With over 40,000 bushings installed across India and international markets, Yash® has earned a reputation as a trusted partner for utilities, EPCs, and OEMs, delivering reliable, customised solutions that meet IEC, IEEE, and other global standards. Listed on the BSE SME segment in December 2024, Yash® continues to strengthen its market presence and drive innovation, technological excellence, and engineering quality. Focused solely on transformer bushings, the company offers flexible, customer-centric solutions with fast lead times and superior value. Guided by its vision to position India as a self-reliant superpower, Yash® proudly operates under the ethos: “Made in India for the World,” providing dependable, globally competitive power infrastructure solutions.
