On 6 Nov 2026, Yash Highvoltage was priced at ₹1,202.45, or 58.5× trailing earnings, against an industry P/E of 30.0×. Sales and net profit grew 38% and 48% a year over 3 years; its ROCE of 27% is the second-highest among the 7 largest Electrical Equipment & Parts peers. It carries very little debt, and its dividend yield is 0.1%. It is listed on an SME platform with a market cap of ₹3,595 Cr, ranked 30th of 97 Electrical Equipment & Parts companies by market cap; the shares rose 157% over the past year.
- ₹1,245.00
- ₹1,252.05
- ₹1,193.10
- ₹1,269.65
- 1.2 L
Health check
- ReturnsAhead
+157.3% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 58.5 vs industry 30.0.
- GrowthStrong
Sales +37.6%, profit +48.4% a year over 3 years.
- ProfitabilityStrong
ROCE 27.5% vs peer median 22.1%.
- Balance sheetSolid
Debt 0.05× equity, interest covered 13.6×, Piotroski 7 of 9.
- Red flags1 to check
P/E of 58.5 against an industry P/E of 30.0.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹3,595 Cr
- Small cap
- P/E
- 58.5
- Industry 30.0
- Price to book
- 10.90
- Peers 7.24
- Dividend yield
- 0.12%
- ROE
- 25.0%
- Peers 18.0%
- ROCE
- 27.5%
- Peers 22.1%
- Debt to equity
- 0.05
- Debt ₹16 Cr
- EPS (TTM)
- ₹20.57
- OPM (TTM)
- 25.3%
- Net margin 18.2%
- Sales growth
- +94.2%
- Latest quarter vs a year ago
- Profit growth
- +153.0%
- Latest quarter vs a year ago
- Price to sales
- 10.89
- EV/EBITDA 38.5
Strengths and risks
Strengths
- Return on equity of 25.0%.
- Return on capital employed of 27.5%.
- Practically debt-free.
- Quarterly profit up 153.0% on a year ago.
- Quarterly sales up 94.2% on a year ago.
Risks to check
- P/E of 58.5 against an industry P/E of 30.0.
About Yash Highvoltage
Yash Highvoltage Ltd. manufactures and sells high voltage and high current transformer bushings in India and internationally. It also offers transformer bushings, including oil-impregnated paper (OIP) condenser bushings, resin-impregnated paper (RIP) and resin-impregnated synthetic (RIS) condenser bushings, high voltage and high current bushings, OIP wall bushings, and oil-to-oil bushings. The company also provides specialized services, such as repairing,…
- Headquarters
- Vadodara
- Employees
- 208
- Sector
- Industrials
- ISIN
- INE00GK01023
- Website
- yashhv.com
Price range
- Avg volume (3M)
- 1 L
- 1-year return
- plus 157.3%
- From 52-week high
- minus 8.2%
Peers · Electrical Equipment & Parts
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| POWERINDIAHitachi Energy India | 27,800.00 | minus 1.42% | 1,23,911 | 107.7 | 95.3 | 24.9% | 16.1% | 0.02 | 22.2% | plus 37.9% |
| CGPOWERCG Power and Industrial Solutions | 773.00 | minus 4.43% | 1,21,785 | 88.6 | 72.5 | 19.3% | 13.1% | 0.02 | 21.2% | plus 8.2% |
| POLYCABPolycab India | 7,871.00 | plus 0.28% | 1,18,613 | 37.5 | 29.0 | 30.4% | 13.6% | 0.02 | 26.6% | plus 3.8% |
| HAVELLSHavells India | 1,128.00 | plus 5.61% | 70,789 | 42.6 | 30.0 | 22.1% | 9.1% | 0.02 | 9.9% | minus 28.1% |
| APARINDSApar Industries | 14,106.00 | minus 9.65% | 59,065 | 41.6 | 30.7 | 26.7% | 9.5% | 0.12 | 17.0% | plus 87.2% |
| KEIKEI Industries | 3,988.00 | minus 1.80% | 38,143 | 36.1 | 29.9 | 18.7% | 11.0% | 0.04 | 19.1% | plus 1.8% |
| HONAUTHoneywell Automation India | 30,080.00 | minus 0.79% | 26,613 | 47.0 | 35.7 | 15.7% | 13.8% | 0.02 | 10.9% | minus 17.5% |
| YASHHVYash Highvoltage | 1,202.45 | minus 5.29% | 3,595 | 58.5 | 63.7 | 27.5% | 25.3% | 0.05 | 37.6% | plus 157.3% |
| Median of 7 peers | – | −1.42% | 70,789 | 42.6 | 30.7 | 22.1% | 13.1% | 0.02 | 19.1% | 3.8% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +37.6%
- Profit CAGR 3Y
- +48.4%
- EPS CAGR 3Y
- +47.9%
- ROE
- 25.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 90.2 | 108 | 150 | 235 | |
| – | +20.0% | +38.3% | +57.2% | |
| 70.8 | 86.6 | 117 | 178 | |
| 19.4 | 21.5 | 32.5 | 56.7 | |
| 21.5% | 19.9% | 21.8% | 24.1% | |
| −0.6 | −1 | 2 | 5.8 | |
| 0.5 | 0.6 | 3.2 | 4 | |
| 2 | 2.2 | 3.1 | 6.3 | |
| −0.1 | 0 | – | −2.1 | |
| 16.2 | 17.7 | 28.2 | 50.1 | |
| 29.6% | 30.5% | 24.0% | 25.4% | |
| 11.4 | 12.3 | 21.4 | 37.3 | |
| – | +7.9% | +74.0% | +74.0% | |
| 4.00 | 5.57 | 8.94 | 12.95 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.1 | 3.1 | 14.3 | 14.3 | |
| 29 | 38.7 | 133 | 170 | |
| 7.8 | 7.1 | 22.7 | 37.6 | |
| 19.3 | 21.7 | 32.5 | 42.9 | |
| 59.1 | 70.6 | 203 | 264 | |
| 17.5 | 27.2 | 57.8 | 94.6 | |
| 0.9 | 9.1 | 17.3 | 43 | |
| 1.1 | 3.2 | 0.1 | 6.8 | |
| 5.8 | 1.6 | 70.5 | 23.3 | |
| 33.8 | 29.6 | 56.9 | 96.7 | |
| 59.1 | 70.6 | 203 | 264 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.1 | 14.4 | 9.5 | 8.8 | |
| −4.1 | −9.3 | −83.7 | −14.9 | |
| −4.7 | −4.9 | 96.4 | 1.2 | |
| 0.3 | 0.2 | 22.3 | −4.9 | |
| −4.1 | −13.3 | −38.5 | −59.2 | |
| 5 | 1.1 | −28.9 | −50.4 | |
| −3.8 | −2 | – | −2.9 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders. Institutions hold about 4.1% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.