BSECompany Update21 Oct 2026 · 21 Oct 2026, 04:37 pm
Press Release pertaining to Unaudited Financial Result (Standalone & Consolidated) for the half year ended 30th September, 2026.
Yash Highvoltage Ltd · 544310
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Yash Highvoltage Ltd reported strong financial performance for H1 FY27, with revenue from operations rising 95% YoY to ₹194.5 crore, EBITDA increasing 136% to ₹54.7 crore, and PAT rising 165% to ₹36.2 crore.
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Yash Highvoltage Ltd - 544310 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Date: 21-10-2026
BSE Limited
2nd Floor, P. J. Towers
Dalal Street
Mumbai – 400 001
Scrip Code: 544310
ISIN- INE00GK01023
Sub: Press Release pertaining to the Unaudited Financial Results (Standalone and
Consolidated) for the half year ended September 30, 2026.
Dear Sir/Madam,
With reference to the captioned subject, please find enclosed the Press Release issued by Yash
Highvoltage Limited pertaining to the Unaudited financial results (Standalone and Consolidated)
for the half year ended September 30, 2026.
The above information shall also be made available on the Company’s website www.yashhv.com
We hereby request you to take the above information on your record.
Yours sincerely,
For Yash Highvoltage Limited
Bhoomi Talati
Company Secretary & Compliance O(cid:431)icer
FCS:12828
Earnings Release
Yash Highvoltage® Reports Strong Financial Performance for H1 FY27
H1 FY27 Revenue from Opera(cid:415)ons rises to ₹195cr v/s ₹100cr, growth of 95% YoY
H1 FY27 EBIDTA rises to ₹55cr v/s ₹23cr, growth of 136% YoY
H1 FY27 PAT rises to ₹36cr v/s ₹14cr, growth of 165% YoY
Vadodara, October 21, 2026: Yash Highvoltage Limited (BSE: 544310), a leading manufacturer of
condenser-graded high voltage and high current transformer bushings, has announced its unaudited
consolidated financial results for the half year ended on September 30, 2026.
The key highlights are as follows:
H1 FY27 – Consolidated Performance Highlights
Revenue from Opera(cid:415)ons stood at ₹ 194.5 crore, registering a growth of 95% YoY compared
to ₹ 99.6 crore in H1 FY26
EBITDA stood at ₹ 54.7 crore, reflec(cid:415)ng a growth of 136% YoY
EBITDA Margin stood at 28.1%, compared to 23.3% in H1 FY26
PAT stood at ₹ 36.2 crore, registering a growth of 165% YoY with the PAT margin of 18.6%
Earnings Per Share (EPS) stood at ₹ 12.5, compared to ₹ 4.8 in H1 FY26
Opera(cid:415)onal & Strategic Highlights for H1 FY27:
US Representa(cid:415)on Agreements: Entered in Representa(cid:415)on Agreement through Yash HV USA
Inc. with Ensales Electrical Associates, Inc and Gateway Power Sales – covering 22 US states.
Seismic Qualifica(cid:415)on of IEEE Range: Yash® became the first Indian OEM and amongst select
few dis(cid:415)nguished global OEMs to have completed stringent seismic qualifica(cid:415)on tes(cid:415)ng of
IEEE compliant 138 kV and 230 kV OIP condenser transformer bushings, ready to serve
customers in seismically ac(cid:415)ve regions of the US.
First 245 kV Wall Through Transformer Bushing Tested: A landmark in technical capability,
successfully tested in-house, and supplied to premier PSU, strengthening our wall through
bushings product range.
Migra(cid:415)on to SAP S/4HANA: Migrated to SAP S/4HANA in H1 FY27 while maintaining seamless
business opera(cid:415)ons throughout the transi(cid:415)on, suppor(cid:415)ng business evolu(cid:415)on requirements
and future growth.
Commen(cid:415)ng on the Company’s performance, Mr. Keyur Shah, Managing Director, Yash
Highvoltage®, said:
“The first half of the current financial year marked a significant period for Yash Highvoltage®,
characterized by strong financial performance, progress in interna(cid:415)onal market expansion and
con(cid:415)nued enhancement of our product capabili(cid:415)es. Revenue from opera(cid:415)ons grew 95% year-on-year
to ₹194.5 crore, while EBITDA increased 136% to ₹54.7 crore, with EBITDA margin expanding to 28.1%
from 23.3% in H1 FY26. Profit a(cid:332)er tax (PAT) rose 165% to ₹36.2 crore, with PAT margin improving to
18.6% from 13.7%, reflec(cid:415)ng stronger opera(cid:415)ng performance and improved profitability crea(cid:415)ng
value for our shareholders.
On the business front, we con(cid:415)nued to advance our interna(cid:415)onal expansion strategy through Yash HV
USA Inc., entering into representa(cid:415)on agreements covering 22 US states. We also achieved seismic
qualifica(cid:415)on for our 138 kV and 230 kV oil-impregnated paper (OIP) condenser transformer bushings
as a product suite of IEEE range of bushings, strengthening our ability to cater to customers in the US
and South Americas. In another important milestone, we successfully tested and supplied our first 245
kV wall-through transformer bushing to a premier public sector undertaking (PSU), further broadening
our product por(cid:414)olio and applica(cid:415)on capabili(cid:415)es.
Looking ahead, we are on track to commission end-to-end manufacturing of resin-impregnated paper
(RIP) and resin-impregnated synthe(cid:415)c (RIS) bushings at our new greenfield facility in Jarod during Q3
of the current financial year. This expansion is expected to further strengthen our manufacturing
capabili(cid:415)es, broaden our product offerings, improve cost efficiencies and support our ability to address
evolving customer requirements.
The industry outlook remains encouraging, supported by sustained investments in transmission and
distribu(cid:415)on infrastructure, renewable energy integra(cid:415)on, grid modernisa(cid:415)on and electrifica(cid:415)on
ini(cid:415)a(cid:415)ves across India and the global markets. Backed by our expanding product capabili(cid:415)es, planned
capacity addi(cid:415)ons and a growing interna(cid:415)onal presence, we are well posi(cid:415)oned to capitalize on the
emerging opportuni(cid:415)es in the power infrastructure space and crea(cid:415)ng a strong founda(cid:415)on for
sustainable and long-term value for our shareholders.”
About Yash Highvoltage Ltd
Established in 2002, Yash Highvoltage Limited (Yash®) operates from Vadodara, Gujarat is an ISO 9001
and 14001 cer(cid:415)fied, independent and indigenous manufacturer of High Voltage (HV) and Extra High
Voltage (EHV) condenser-graded transformer bushings, including High Current (HC) variants. With over
50,000 bushings installed across India and interna(cid:415)onal markets, Yash® has earned a reputa(cid:415)on as a
trusted partner for u(cid:415)li(cid:415)es, EPCs, and OEMs, delivering reliable, customised solu(cid:415)ons that meet IEC,
IEEE, and other global standards. Listed on the BSE SME segment in December 2024, Yash® con(cid:415)nues
to strengthen its market presence and drive innova(cid:415)on, technological excellence, and engineering
quality. Focused solely on transformer bushings, the Company offers flexible, customer-centric
solu(cid:415)ons with short lead (cid:415)mes and superior value. Guided by its vision to posi(cid:415)on India as a self-reliant
superpower, Yash® proudly operates under the ethos: “Made in India for the World,” providing
dependable, globally compe(cid:415)(cid:415)ve power infrastructure solu(cid:415)ons.
Website: h(cid:425)ps://www.yashhv.com/
For further informa(cid:415)on please contact:
Zenobia Vaz / Disha Shah
Email: Zenobia.vaz@adfactorspr.com / disha.shah@adfactorspr.com
This document includes certain forward-looking statements. These statements are based on management's current
expecta(cid:415)ons or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from
those expressed or implied by the statements herein due to changes in economic, business, compe(cid:415)(cid:415)ve, technological and/or
regulatory factors. The Company is under no obliga(cid:415)on to, and expressly disclaims any such obliga(cid:415)on to, update or alter its
forward-looking statements, whether as a result of new informa(cid:415)on, future events, or otherwise.