Voltamp shares rise 6.99% after Q1 results, with heavy volume
Operating profit was Rs 80.3 cr, but other income of Rs 41.61 cr made a material contribution to reported standalone profit.
Filed 31 Jul 2026, 13:33 IST · Voltamp Transformers Ltd (VOLTAMP)
Key takeaways
- Other income of Rs 41.61 cr was a meaningful contributor to standalone PBT of Rs 117.9 cr, making earnings quality an important focus.
- Voltamp's standalone operating margin was 14.77%, 0.58 percentage points above the 14.19% median for 34 reported Industrials peers.
- The stock rose 6.99% on the results day, with traded volume at 24.81 times its reference level.
Price around the results
Other income shaped reported profitability
The gap between operating profit of Rs 80.3 cr and PBT of Rs 117.9 cr shows that non-operating income was important to the quarter's earnings. Other income of Rs 41.61 cr therefore warrants attention when assessing profit quality. Interest was only Rs 0.45 cr, so financing costs did not materially dilute earnings.
Operating margin was slightly ahead of Industrials peers
Voltamp's standalone operating margin of 14.77% was 0.58 percentage points above the 14.19% median for 34 Industrials companies that have reported the quarter. With no comparable quarter-on-quarter or year-on-year driver data, the sector comparison is the clearest measure of its operating position this quarter.
The market reaction built during the session
The stock gained 6.99% on the results date, while the opening gap was only 0.09%. That points to most of the move developing after the open rather than through an immediate repricing. Volume was 24.81 times the reference level, making the reaction unusually active even though there is no prior-results reaction history here for comparison.
Q1FY27 at a glance
Standalone figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹544 cr |
| Other income | ₹42 cr |
| Expenses | ₹463 cr |
| Operating profit | ₹80 cr |
| Operating margin (%) | 14.77% |
| Interest | ₹0 cr |
| Depreciation | ₹4 cr |
| Profit before tax | ₹118 cr |
| Tax | ₹27 cr |
| Net profit | ₹91 cr |
| EPS (₹) | ₹90.17 |
Operating margin of 14.77% compares with a Industrials sector median of 14.19% across 34 peers that have reported Q1FY27.
How the stock reacted
| Window | Stock | vs NIFTY |
|---|---|---|
| Results day | +6.99% | +6.71% |
Volume on the results session was 24.81× its 20-day average.
What to watch
- Whether standalone operating margin holds above the 14.19% Industrials peer median.
- Whether other income remains material relative to PBT of Rs 117.9 cr.
- Whether trading volume normalises from 24.81 times the reference level after the results reaction.