MarketFriction

Yash Highvoltage Ltd

BSE 544310 · Other Electrical Equipment
₹1,105.75 +2.70%
BSE close2026-10-01
Market cap₹3,293 Cr.
P/E84.6

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales48605793100136
Expenses3750467179100
Operating Profit111011212136
OPM %23%17%19%23%21%26%
Other Income010222
Interest111222
Depreciation111224
Profit before tax999191932
Tax %28%33%27%23%26%25%
Net Profit666151424
EPS in Rs20.7719.312.895.254.918.31
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales38376590108150235
Expenses3230517187117178
Operating Profit671519223357
OPM %16%20%22%21%20%22%24%
Other Income0000124
Interest1111234
Depreciation1112236
Profit before tax461216182850
Tax %28%30%30%30%31%24%25%
Net Profit34911122137
EPS in Rs9.1412.6828.3237.1340.097.5113.08
Dividend Payout %38%67%30%29%-0%13%11%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%44%38%57%
Compounded Profit Growth%58%51%82%
Stock Price CAGR%%%139%
Return on Equity%27%24%24%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital333331414
Reserves1014212939133170
Borrowings327872438
Other Liabilities9121119223243
Total Liabilities2631435971204264
Fixed Assets-081417184252
CWIP-010-05852
Investments0-0-0-0-005
Other Assets2622284247154156
Total Assets2631435971204264
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity377914109
Cash from Investing Activity-1-3-10-4-9-84-15
Cash from Financing Activity-1-23-5-5961
Net Cash Flow0200022-5
Free Cash Flow24151-29-50
CFO/OP66%112%76%75%87%49%42%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days68665366426847
Inventory Days133193130126143138201
Days Payable90132811101039362
Cash Conversion Cycle1111271028282112187
Working Capital Days80684547454469
ROCE %35%52%48%45%28%29%
Dec 2024Mar 2025Sep 2025Mar 2026Jun 2026Aug 2026
Promoters57.70%57.89%57.94%57.94%57.24%54.79%
FIIs2.19%1.15%0.18%0.05%0.62%2.17%
DIIs12.79%10.64%10.13%11.06%9.50%8.99%
Public27.31%30.32%31.74%30.96%32.64%34.06%
No. of Shareholders3,4072,5662,5013,7415,1906,341

Fundamentals

Market Cap₹ 3,293 Cr.
Current Price₹ 1,102
Stock P/E84.6
Book Value₹ 64.4
ROCE28.6 %
ROE23.5 %
Dividend Yield0.13 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)57%
Compounded Profit Growth (TTM)82%
Standalone figures.
Valuation
Market capRs 3,305 Cr
Enterprise valueRs 3,307 Cr
P/E (TTM)289.39x
Price to book102.99x
Price to sales36.57x
EV / EBITDA170.44x
EV / EBIT190.36x
EV / sales36.59x
Price to cash flow362.37x
Earnings yield0.35%
Dividend yield0.10%
Profitability
Operating margin (excl. other income)21.19%
Operating margin (incl. other income)21.47%
EBITDA margin21.47%
Pre-tax margin17.96%
Net profit margin12.64%
ROE40.35%
ROCE48.37%
ROA22.33%
ROE, 3-year average36.09%
ROCE, 3-year average45.06%
ROA, 3-year average19.81%
ROIC (approx.)36.10%
Tax rate29.64%
Other income / net worth0.78%
Growth
Sales growth (latest year)38.89%
Profit growth (latest year)31.11%
Sales CAGR, 3 years33.65%
Profit CAGR, 3 years59.58%
Per share
EPS (TTM)Rs 3.82
EPS (latest year)Rs 37.13
EPS, 3-year averageRs 26.04
Book value per shareRs 10.74
Sales per shareRs 30.23
Cash flow per shareRs 3.05
Free cash flow per shareRs -16.73
Dividend per share (latest year)Rs 10.60
Dividend per share, 3-year averageRs 9.17
Dividends
Dividend payout28.55%
Dividend payout, 3-year average41.69%
Efficiency
Asset turnover1.53x
Fixed asset turnover5.40x
Inventory turnover3.26x
Inventory days112 days
Debtor days66 days
Debtors turnover5.50x
Creditor days62 days
Cash conversion cycle187 days
Working capital days69 days
Leverage
Total debtRs 8 Cr
Cash and bankRs 6 Cr
Net debtRs 2 Cr
Debt to equity0.24x
Net debt / EBITDA0.09x
Interest coverage15.24x
Owners' fund to total sources54.26%
Debt to assets13.16%
Cash flow
Cash from Operating Activity (latest year)Rs 9 Cr
Cash from Investing Activity (latest year)Rs -4 Cr
Cash from Financing Activity (latest year)Rs -5 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -50 Cr
FCFE (approx.: FCF + change in debt)Rs -50 Cr
Cash from ops / profit, 5 years0.54x
Sales to cash flow9.91x
Statement figures
Net sales (TTM)Rs 90 Cr
Net sales (latest year)Rs 90 Cr
Operating profit excl. other income (latest year)Rs 19 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 19 Cr
PBDT (TTM)Rs 18 Cr
Profit before tax (TTM)Rs 16 Cr
Tax (latest year)Rs 5 Cr
Net profit (TTM)Rs 11 Cr
Net profit (latest year)Rs 11 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 53 Cr
Total expenditure (latest year)Rs 71 Cr
Total income (latest year)Rs 91 Cr
Share capitalRs 3 Cr
ReservesRs 29 Cr
Shareholders' fundsRs 32 Cr
Total assetsRs 59 Cr
Net blockRs 17 Cr
ReceivablesRs 16 Cr
InventoryRs 16 Cr
Other liabilitiesRs 19 Cr
Shares outstanding (crore)2.99
Ownership
Promoter holding54.79% (-3.10 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Period544310Nifty 50Difference
1 week+4.7%-2.8% +7.5 pts
1 month+20.2%-6.8% +27.0 pts
3 months+26.2%-7.6% +33.8 pts

Red flags

F-score 5 of 8
explainReceivables outrunning sales Receivables grew 74% vs sales +39% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Mar 2026
Sales ₹136 Cr +126.7% vs Mar 2024. Net profit ₹24 Cr +300.0%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Yash Highvoltage Ltd?

Yash Highvoltage Ltd (544310) has a market capitalisation of Rs 3,293 Cr. at the 2026-10-01 close.

What is the P/E ratio of Yash Highvoltage Ltd?

Yash Highvoltage Ltd trades at a P/E of 84.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Yash Highvoltage Ltd's latest quarterly results?

In the Mar 2026 quarter, Yash Highvoltage Ltd sales was Rs 136 Cr (+126.7% vs Mar 2024) and net profit was Rs 24 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03