Is Yash Highvoltage a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Yash Highvoltage Ltd is a good quality company .

Is Yash Highvoltage undervalued or overvalued?

The key valuation ratios of Yash Highvoltage Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Yash Highvoltage share price return in the past 10 years?

Data is not available for this company

Is Yash Highvoltage a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Yash Highvoltage Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Yash Highvoltage Ltd - Stock Valuation and Financial Performance

Name: Yash Highvoltage
Brand: Yash Highvoltage

BSE: 544310 | NSE: | Electric Equipment | Small Cap

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Yash Highvoltage Share Price

₹305.80 14.55 5.00%
as on 20-Dec'24 16:59

10 Year X-Ray of Yash Highvoltage:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	25.1%	16.5%	12.9%	17.9%	18.3%	0%	0%	68.1%	48.4%	41.7%	-
Value Creation Index ⓘ	0.8	0.2	-0.1	0.3	0.3	NA	NA	3.9	2.5	2.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	6	6	6.2	8.5	11.8	0	0	65.1	90.4	108	108
Sales YoY Gr.	-	-0.2%	3.8%	35.6%	39.7%	-100%	NA	NA	38.9%	20.1%	-
Adj EPS ⓘ	0.3	0.1	0	0.2	0.4	0	0	3.9	5.2	5.3	4.2
YoY Gr.	-	-63%	-60%	500%	50%	-100%	NA	NA	33.8%	2.3%	-
BVPS (₹) ⓘ	0.8	1	1	1.3	1.6	0	0	11.1	14.5	19	55.9
Adj Net Profit ⓘ	0.3	0.1	0	0.3	0.6	0	0	8.6	11.5	11.8	12
Cash Flow from Ops. ⓘ	0.2	1.1	1.4	-0.5	2	0	0	7.3	9.1	10.3	-
Debt/CF from Ops. ⓘ	11.1	3.7	3.3	-7.3	2.6	0	0	1	0.9	0.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	37.9%	55.8%	NA	20.1%
Adj EPS ⓘ	39.2%	71.3%	NA	2.3%
BVPSⓘ	41.6%	65.1%	NA	31.3%
Share Price	-	-	-	-

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	32.5	11.3	3.7	20.8	28.8	63.5	40.7	31.7	11.3
Op. Profit Mgn % ⓘ	18.6	15.3	19.4	16	14.4	22.3	21.3	18.6	NAN
Net Profit Mgn % ⓘ	5.3	2	0.7	3.3	4.9	13.2	12.7	10.8	11.1
Debt to Equity ⓘ	2.4	3.5	3.8	2.6	2	0.3	0.2	0.2	-
Working Cap Days ⓘ	0	144	148	145	173	86	119	135	0
Cash Conv. Cycle ⓘ	0	41	20	24	11	30	50	45	0

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 11.30%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Yash Highvoltage Ltd.

	Standalone	Consolidated
TTM EPS (₹)	4.2	-
TTM Sales (₹ Cr.)	108	-
BVPS (₹.) ⓘ	55.9	-
Reserves (₹ Cr.) ⓘ	145	-
P/BV ⓘ	5.47	-
PE ⓘ	72.38	-

From the Market
52 Week Low / High (₹)	277.40 / 305.80
All Time Low / High (₹)	277.40 / 291.25
Market Cap (₹ Cr.)	873
Equity (₹ Cr.)	14.3
Face Value (₹)	5
Industry PE ⓘ	91.8

Management X-Ray of Yash Highvoltage:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Yash Highvoltage

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Yash Highvoltage

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'22	Mar'23	Mar'24
Sales	6	6	6	8	12	65	90	108
Operating Expenses ⓘ	5	5	5	7	10	51	71	88
Manufacturing Costs	0	0	0	0	1	5	7	8
Material Costs	2	2	3	5	6	35	47	57
Employee Cost	1	1	1	1	1	5	8	10
Other Costs ⓘ	1	1	1	1	2	6	9	13
Operating Profit ⓘ	1	1	1	1	2	15	19	20
Operating Profit Margin (%)	18.6%	15.3%	19.4%	15.9%	14.0%	22.3%	21.2%	18.6%
Other Income ⓘ	0	0	0	0	0	0	0	1
Interest ⓘ	0	0	1	1	0	1	1	2
Depreciation ⓘ	0	0	1	0	1	1	2	2
Exceptional Items ⓘ	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	0	0	0	0	1	12	16	16
Tax ⓘ	0	0	0	0	0	4	5	4
Profit After Tax	0	0	0	0	1	9	11	12
PAT Margin (%)	5.3%	2.9%	0.8%	3.6%	4.7%	13.4%	12.6%	11.1%
Adjusted EPS (₹)	0.3	0.1	0.0	0.3	0.3	3.9	5.2	5.5
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	30%	29%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	1	1	1	2	3	25	32	42
Share Capital ⓘ	0	0	0	0	0	3	3	3
Reserves ⓘ	1	1	1	1	2	21	29	39
Minority Interest	0	0	0	0	0	0	0	0
Debt	2	4	3	4	4	7	6	5
Long Term Debt	1	1	1	2	3	4	4	5
Short Term Debt	1	2	2	2	1	3	2	0
Trade Payables	1	1	1	2	5	8	14	16
Others Liabilities ⓘ	1	1	2	1	1	4	7	7
Total Liabilities ⓘ	5	7	7	8	14	43	59	70
Fixed Assets
Gross Block	2	3	5	4	7	23	27	29
Accumulated Depreciation	0	0	1	0	1	8	10	11
Net Fixed Assetsⓘ	2	3	4	4	6	14	17	18
CWIP ⓘ	0	1	0	0	0	0	0	5
Investmentsⓘ	0	0	0	0	0	0	0	0
Inventories	1	1	1	1	2	12	16	21
Trade Receivables	1	2	1	3	4	9	16	13
Cash Equivalents	0	0	0	0	0	5	6	3
Others Assetsⓘ	0	0	1	1	1	1	3	10
Total Assets ⓘ	5	7	7	8	14	43	59	70

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	0	1	1	-1	2	7	9	10
PBT ⓘ	0	0	0	0	1	12	16	16
Adjustment ⓘ	1	1	1	1	1	2	3	4
Changes in Working Capital ⓘ	0	0	0	-2	0	-4	-5	-6
Tax Paid ⓘ	-1	0	0	0	0	-4	-5	-4
Cash Flow From Investing Activity ⓘ	0	-2	-1	0	-3	-10	-4	-5
Capex	0	-1	-1	0	-3	-7	-4	-9
Net Investments	0	0	0	0	0	0	0	0
Others ⓘ	0	-1	0	0	0	-3	0	4
Cash Flow From Financing Activityⓘ	0	1	0	0	1	3	-5	-5
Net Proceeds from Shares ⓘ	0	0	0	0	1	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	3	0	1
Interest Paid ⓘ	0	0	-1	-1	0	-1	-1	-2
Dividend Paid ⓘ	0	0	0	0	0	-1	-4	-2
Others ⓘ	0	2	0	1	1	3	0	-1
Net Cash Flow ⓘ	0	0	0	0	0	0	0	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	32.65	16.08	4.43	22.62	27.41	64.39	40.37	32.51
ROCE (%)	25.08	16.49	12.86	17.87	18.28	68.06	48.4	41.69
Asset Turnover Ratio	1.46	1.14	0.97	1.21	1.17	2.29	1.77	1.68
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	2	0.78	0.82	0.83
Working Capital Days
Receivable Days	71	81	64	72	95	37	52	49
Inventory Days	45	48	48	41	52	42	58	63
Payable Days	150	175	169	137	224	69	85	97

Yash Highvoltage Ltd Stock News

Yash Highvoltage Ltd FAQs

What is the share price of Yash Highvoltage?

Company share prices are keep on changing according to the market conditions. The closing price of Yash Highvoltage on 20-Dec-2024 16:59 is ₹305.8.

What is the market cap of Yash Highvoltage?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Yash Highvoltage stood at ₹873.1.

What is the P/E ratio of Yash Highvoltage?

The latest P/E ratio of Yash Highvoltage as of 20-Dec-2024 16:59 is 72.38.

What is the P/B ratio of Yash Highvoltage?

The latest P/B ratio of Yash Highvoltage as of 20-Dec-2024 16:59 is 5.47.

What is the 52-week high and low of Yash Highvoltage?

The 52-week high of Yash Highvoltage is ₹305.8 and the 52-week low is ₹277.4.

What is the TTM revenue of Yash Highvoltage?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Yash Highvoltage is ₹108.5 ( Cr.) .

About Yash Highvoltage Ltd

Yash Highvoltage Limited was originally incorporated as a private limited company under the Companies Act 1956 in the name and style of ‘Yash Highvoltage Insulators Private Limited’ pursuant to certificate of incorporation dated June 06, 2002 issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli. Pursuant to special resolution passed by the shareholders at the Extra Ordinary General Meeting, held on February 05, 2018, the name of the company was changed to ‘Yash Highvoltage Private Limited’ vide a fresh Certificate of Incorporation dated February 13, 2018 issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli at Ahmedabad. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on February 19, 2018, the company was converted into a public limited company and consequently the name of the company was changed from ‘Yash Highvoltage Private Limited’ to ‘Yash Highvoltage Limited’ vide a fresh certificate of incorporation dated March 07, 2018 issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli at Ahmedabad.

The Company was originally incorporated as ‘Yash Highvoltage Insulators Private Limited’ in 2002 by a group of technocrats to manufacture Fiber Reinforced Polymer Cylinders and high-current bushing products. In 2008, Keyur Shah acquired the Company and transformed it into a successful and profitable organisation. Keyur Shah is a first-generation entrepreneur and the Promoter and Managing Director of the Company, with a vision to be among the top transformer bushing manufacturers globally. The company was converted to a Limited Company and the name was changed to ‘Yash Highvoltage Limited’ in 2018.

The company is engaged in the manufacturing and distribution of wide range of transformer bushings - Oil Impregnated Paper (OIP) condenser bushing, Resin Impregnated Paper (RIP) / Resin Impregnated Synthetic (RIS) condenser bushing, High Voltage and High Current bushing, OIP Wall bushing and Oil to Oil bushing. The company also undertakes repairing, retrofitting and replacement services of old bushings. Its manufacturing facility is fully equipped with in-house quality testing facilities. Through its team of experienced engineers, it provides on-site/off-site bushings technical testing, analysis and repairing services.

Business area of the company

The company is engaged in the business of manufacturing of high end transformer bushings.

Products of the company

High Current Bushings
OIP Condenser Bushings
OIP Wall Bushings / Oil to Oil Bushings
RIP / RIS Condenser Bushings

Awards, accreditations or recognition

2009: ISO 9001:2015 Certificate for design, manufacture and supply of transformer bushings and FRP Cylinder.
2013: Certificate of Merit by the Federation of Gujarat Industries for its exceptional work in Research in Science & Technology, specifically for the indigenous development of High Current Transformer Bushings and Fiber Glass Products aimed at import substitution.
2016: Certificate of Merit for excellence in the field of Outstanding MSME from Federation of Gujarat Industries (FGI) in 2016 at the “FGI Awards for Excellence 2015”.
2016: Received Switch Global Expo 2016 Participation certificate for exhibiting products and services at the SWICH Global Expo 2016 organised by Federation of Gujarat Industries (FGI) from October 6, 2016 to October 10, 2016, at Vadodara.
2017: Featured in the special edition on Bushings - November 2017 of the international magazine “Transformers” wherein the features of its products were highlighted.
2019: Certificate of Appreciation awarded in 2019 during the Vendor Meet-2019 by Bharat Heavy Electricals Limited (BHEL), Jhansi for the best supplier in the category “For carrying out Import substitution under Make in India Initiative” for supplying products to BHEL.
2020: Certificate of Honour presented as distinguished guest on the occasion of Exclusive Program for SMEs on “Enhancing Export- to $200 Billion” in Vadodara organised on January 30, 2020 by INDIA SME FORUM, Gujarat Chapter, United Growth Foundation.
2023: Appreciation for Development is awarded by Bharat Heavy Electricals Limited (BHEL) for development made for RIP Bushing (245 kV) in BHEL SAMVAAD 3.0 organised on November 09, 2023.
2024: Accreditation by the National Accreditation Board for Testing and Calibration Laboratories, for compliance with the ISO/IEC 17025:2017 standard, which outlines the general requirements for the competence of testing and calibration laboratories.
2024: Certificate of Recognition awarded for establishing new product development & creating value to customer awarded by GE T&D India Limited in Global Supplier Partner Conference organised on September 26, 2024.
2024: Awarded for Valuable contribution in ‘Mission for Conservation of Transformers’ organized by TRAFO CARE on February 6-7, 2024.

History and milestones

2002: The company was incorporated as a private limited company under the name of ‘Yash Highvoltage Insulators Private Limited’.
2012: The majority shareholding in the Company i.e. 69.86% has been acquired by its Promoter i.e., Keyur Girishchandra Shah.
2016: The company launched a new product line i.e., RIP Transformer Bushing and dry type RIP/RIS bushing in collaboration with M/s. MGC Moser Glaser AG, Switzerland.
2018: The name of the company was changed from ‘Yash Highvoltage Insulators Private Limited’ to ‘Yash Highvoltage Private Limited’.
2018: The company was converted into Public Limited Company under the name of ‘Yash Highvoltage Limited’.
2021: The company achieved the milestone of Rs 3,700 lakh from Revenue from Operations.
2022: The company achieved the milestone of Rs 6,500 lakh from Revenue from Operations.
2023: The company achieved the milestone of Rs 9,000 lakh from Revenue from Operations.
2024: The company achieved the milestone of Rs 10,848 lakh in Revenue from Operations.