Yash Highvoltage Posts Record FY26 Consolidated Results

15 May 2026 CW Team

In the second half of FY26 the company recorded revenue of Rs 1,355 million (Rs 1,355 mn), up 46 per cent from Rs 925 million (Rs 925 mn) in the corresponding period. EBITDA for H2 reached Rs 372 million (Rs 372 mn) with a margin of 27.4 per cent, while net profit for the half year was Rs 237 million (Rs 237 mn) and the PAT margin was 17.5 per cent. Earnings per share for H2 stood at Rs eight point three one compared to Rs six point seven six a year earlier, while full year EPS was 13.08.

Operationally the company entered the final phase of execution for its greenfield RIP/RIS manufacturing facility, with trial production expected in H1 FY27. Sales in FY26 reached a record 7,272 units compared to 5,752 units in the prior year, and the group operationalised Yash HV USA Inc while expanding distribution partnerships across Europe and the UK. The acquisition of Sukrut Electric in partnership with Quality Power was completed and in-house testing of a 245 kV oil-to-oil transformer bushing was successfully concluded, strengthening technological capabilities.

The managing director described FY26 as the company’s strongest year in its two-decade history and attributed the performance to disciplined execution across domestic and export markets. He noted that strategic initiatives such as the greenfield expansion, recent acquisition activity and international partnerships have strengthened the long-term growth platform. The company maintained that structural tailwinds in power infrastructure support its focused positioning and continued internationalisation.

Yash Highvoltage Limited reported audited consolidated results for the year ended 31 March 2026, with total revenue rising to Rs 2,351 million (Rs 2,351 mn), an increase of 57 per cent year on year. Earnings before interest, depreciation and tax stood at Rs 604 million (Rs 604 mn), with an annual EBITDA margin of 25.7 per cent. Net profit for FY26 rose to Rs 374 million (Rs 374 mn), representing growth of 75 per cent and a PAT margin of 15.9 per cent. In the second half of FY26 the company recorded revenue of Rs 1,355 million (Rs 1,355 mn), up 46 per cent from Rs 925 million (Rs 925 mn) in the corresponding period. EBITDA for H2 reached Rs 372 million (Rs 372 mn) with a margin of 27.4 per cent, while net profit for the half year was Rs 237 million (Rs 237 mn) and the PAT margin was 17.5 per cent. Earnings per share for H2 stood at Rs eight point three one compared to Rs six point seven six a year earlier, while full year EPS was 13.08. Operationally the company entered the final phase of execution for its greenfield RIP/RIS manufacturing facility, with trial production expected in H1 FY27. Sales in FY26 reached a record 7,272 units compared to 5,752 units in the prior year, and the group operationalised Yash HV USA Inc while expanding distribution partnerships across Europe and the UK. The acquisition of Sukrut Electric in partnership with Quality Power was completed and in-house testing of a 245 kV oil-to-oil transformer bushing was successfully concluded, strengthening technological capabilities. The managing director described FY26 as the company’s strongest year in its two-decade history and attributed the performance to disciplined execution across domestic and export markets. He noted that strategic initiatives such as the greenfield expansion, recent acquisition activity and international partnerships have strengthened the long-term growth platform. The company maintained that structural tailwinds in power infrastructure support its focused positioning and continued internationalisation.

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