Yash Highvoltage Limited announced its unaudited consolidated financial results for the half year ended September 30, 2026, demonstrating significant growth across all key financial metrics.

Financial Performance Highlights (H1 FY27 Consolidated):

  • Revenue from Operations: ₹194.5 crore, representing 95% year-on-year growth compared to ₹99.6 crore in H1 FY26
  • EBITDA: ₹54.7 crore, reflecting 136% year-on-year growth
  • EBITDA Margin: 28.1%, improved from 23.3% in H1 FY26
  • Profit After Tax (PAT): ₹36.2 crore, registering 165% year-on-year growth
  • PAT Margin: 18.6%, improved from 13.7% in H1 FY26
  • Earnings Per Share (EPS): ₹12.5, compared to ₹4.8 in H1 FY26

Operational & Strategic Highlights for H1 FY27:

International Expansion:

  • Entered into representation agreements through Yash HV USA Inc. with two US-based firms:
  • Ensales Electrical Associates, Inc
  • Gateway Power Sales
  • These agreements cover 22 US states

Technical Achievements:

  • Seismic Qualification: Yash became the first Indian OEM and among select global OEMs to complete stringent seismic qualification testing of IEEE compliant 138 kV and 230 kV OIP condenser transformer bushings
  • This enables the company to serve customers in seismically active regions of the US and South Americas
  • Product Development: Successfully tested and supplied first 245 kV wall-through transformer bushing to a premier public sector undertaking (PSU)

Operational Improvements:

  • Successfully migrated to SAP S/4HANA while maintaining seamless business operations throughout the transition
  • The migration supports business evolution requirements and future growth

Management Commentary:

Mr. Keyur Shah, Managing Director, commented on the strong financial performance and operational progress. He highlighted the 95% revenue growth and 136% EBITDA growth, attributing the improved profitability to stronger operating performance creating value for shareholders.

Forward-looking Statements and Guidance:

  • Capacity Expansion: The company is on track to commission end-to-end manufacturing of resin-impregnated paper (RIP) and resin-impregnated synthetic (RIS) bushings at its new greenfield facility in Jarod during Q3 FY27
  • Expected Benefits: This expansion is expected to strengthen manufacturing capabilities, broaden product offerings, improve cost efficiencies, and support ability to address evolving customer requirements
  • Industry Outlook: Management views the industry outlook as encouraging, supported by sustained investments in transmission and distribution infrastructure, renewable energy integration, grid modernization, and electrification initiatives across India and global markets

Company Background:

Yash Highvoltage Limited is an ISO 9001 and 14001 certified manufacturer of High Voltage (HV) and Extra High Voltage (EHV) condenser-graded transformer bushings, including High Current (HC) variants. The company has over 50,000 bushings installed across India and international markets and serves utilities, EPCs, and OEMs. The company was listed on the BSE SME segment in December 2024.

Additional Information:

The complete press release is available on the company's website at www.yashhv.com