Yash Highvoltage Ltd (544310) — concall transcript | 31 March 2026

Yash Highvoltage reported record FY26 revenue of INR235.1 crores, up 57% YoY, with EBITDA at INR60.4 crores (25.7% margin) and net profit of INR37.4 crores (15.9% margin), driven by strong order book of INR400+ crores and strategic expansion. Management highlighted margin expansion from localization, pricing power, and export growth targeting 20%+ of revenue within 2-3 years. Greenfield facility trial production is expected by end of Q2 FY27, with commercial ramp-up targeted in H2 FY26. Sukrut acquisition integration is underway, contributing to long-term revenue potential of INR150-160 crores in 4-5 years. Capex additions include high-speed winding machines and SCADA-controlled autoclave ovens to support 550kV production. The company plans to expand into higher voltage classes globally while maintaining OIP production in India.