Yash Highvoltage , a player in the electrical equipment sector, has reported impressive financial results for the first half of the fiscal year, showcasing substantial growth across key metrics.

Financial Highlights

Strong Revenue Growth

Yash Highvoltage demonstrated robust performance with its revenue surging to ₹1,000.00 crore, marking a significant 119.00% increase from ₹570.00 crore in the corresponding period of the previous year. This substantial growth indicates a strong market demand for the company's high-voltage electrical products and solutions.

Profitability Boost

The company's bottom line saw an equally impressive improvement. Net profit more than doubled, reaching ₹140.00 crore compared to ₹64.00 crore in the previous year, representing a 119.00% year-over-year increase. This growth in profitability aligns with the revenue surge, suggesting effective cost management and operational efficiency.

Enhanced Operational Efficiency

Yash Highvoltage's operational performance also showed notable improvement:

• EBITDA Growth: The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to ₹203.00 crore from ₹109.00 crore, marking an 86.00% rise.
• Margin Improvement: The EBITDA margin expanded to 20.25% from 19.14% in the previous year, indicating enhanced operational efficiency and better cost control measures.

The substantial growth across all financial parameters reflects Yash Highvoltage's strong market position and effective business strategies. The company's ability to significantly increase its revenue while simultaneously improving profitability and operational efficiency positions it well for continued growth in the high-voltage electrical equipment market.

Yash Highvoltage , a leading manufacturer of high voltage and high current bushings, has reported robust financial results for the first half of fiscal year 2026 and confirmed proper utilization of its IPO proceeds.

Financial Highlights

The company has demonstrated significant year-over-year growth across key financial metrics for H1 FY26:

The company's EBITDA margin improved by 341 basis points to 22.81%, while the PAT margin increased by 256 basis points to 13.73%.

Performance Overview

Yash Highvoltage's strong performance in H1 FY26 was driven by robust order inflows from both domestic and international power and infrastructure sectors. The company's focus on manufacturing excellence and product diversification contributed to the healthy margins.

Mr. Keyur Shah, Chairman & Managing Director of Yash Highvoltage, commented on the results: "We are proud to report another period of robust financial and operational achievement in H1 FY26. These results not only reflect our ability to deliver sustained growth through execution and innovation but also reinforce Yash Highvoltage's position as a sector leader with a growing global footprint."

IPO Fund Utilization

In a statement to the BSE, Yash Highvoltage confirmed that there has been no deviation or variation in the utilization of proceeds from its Initial Public Offering (IPO) for the half-year ended September 30, 2025. The company had raised ₹93.51 crores through its IPO on December 19, 2024.

The funds were allocated as follows:

As of September 2025, the company has utilized ₹42.47 crores from the total raised amount. The Audit Committee reviewed and confirmed this statement at its meeting held on October 10, 2025.

Future Outlook

The company expects strong demand momentum as global and domestic infrastructure investments grow. With ongoing expansion projects, Yash Highvoltage envisions multifold revenue growth over the next five years, targeting about 30% CAGR as new facilities come online post-FY27.

Investor Communication

Yash Highvoltage has scheduled an earnings call on October 15, 2025, at 11:00 am to discuss the operational and financial performance for H1 FY26 with investors and analysts.

The company's commitment to transparency and growth, coupled with its strong financial performance, positions it well in the high voltage and high current bushings manufacturing sector.