Voltamp Transformers (NSE:VOLTAMP) ROE %: 10.69% (As of Mar. 2026) — 27% Below Median


NSE:VOLTAMP Voltamp Transformers Ltd NSE:VOLTAMP
97 GF Score
Price ₹9,847.00
GF Value ₹9,589.78
Valuation Fairly Valued
! 2 Warning Signs
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What is Voltamp Transformers ROE %?

Voltamp Transformers NSE:VOLTAMP +1.49% 97 ROE % is 10.69% as of Mar. 2026, which is 27% below its 10-year median of 14.57. GuruFocus rates NSE:VOLTAMP with a GF Score™ of 97/100 and a GF Value™ of ₹9,589.78 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,998 Industrial Products companies, Voltamp Transformers ranks better than 87.56% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Voltamp Transformers's annualized net income for the quarter that ended in Mar. 2026 was ₹1,916 Mil. Voltamp Transformers's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹17,918 Mil. Therefore, Voltamp Transformers's annualized ROE % for the quarter that ended in Mar. 2026 was 10.69%.

The historical rank and industry rank for Voltamp Transformers's ROE % or its related term are showing as below:

NSE:VOLTAMP' s ROE % Range Over the Past 10 Years
Min: 12.4   Med: 14.57   Max: 24.98
Current: 18.24

During the past 13 years, Voltamp Transformers's highest ROE % was 24.98%. The lowest was 12.40%. And the median was 14.57%.

NSE:VOLTAMP's ROE % is ranked better than
87.56% of 2998 companies
in the Industrial Products industry
Industry Median: 5.855 vs NSE:VOLTAMP: 18.24

Voltamp Transformers  (NSE:VOLTAMP) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1916.108/17918.041
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1916.108 / 24689.036)*(24689.036 / 20179.64)*(20179.64 / 17918.041)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.76 %*1.2235*1.1262
=ROA %*Equity Multiplier
=9.49 %*1.1262
=10.69 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1916.108/17918.041
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1916.108 / 2683.128) * (2683.128 / 3098.128) * (3098.128 / 24689.036) * (24689.036 / 20179.64) * (20179.64 / 17918.041)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7141 * 0.866 * 12.55 % * 1.2235 * 1.1262
=10.69 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Voltamp Transformers ROE % Related Terms


Voltamp Transformers ROE % Historical Data

* Premium members only.

The historical data trend for Voltamp Transformers's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Voltamp Transformers ROE % Chart

Voltamp Transformers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.96 19.51 24.98 22.13 18.07

Voltamp Transformers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.40 20.04 19.18 24.10 10.69

NSE:VOLTAMP vs VRT, BE: ROE % Comparison

For the Electrical Equipment & Parts subindustry, Voltamp Transformers's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Voltamp Transformers ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Voltamp Transformers's ROE % distribution charts can be found below:

* The bar in red indicates where Voltamp Transformers's ROE % falls into.


NSE:VOLTAMP
97GF Score
Voltamp Transformers Ltd NSE:VOLTAMP
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Voltamp Transformers ROE % Calculation

Voltamp Transformers's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=3053.842/( (15876.201+17918.041)/ 2 )
=3053.842/16897.121
=18.07 %

Voltamp Transformers's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1916.108/( (0+17918.041)/ 1 )
=1916.108/17918.041
=10.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 10.69% mean?
Voltamp Transformers (NSE:VOLTAMP) has a ROE % of 10.69% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Voltamp Transformers and its competitors. This is 27% below median its historical median of 14.57. Over the past decade, Voltamp Transformers' ROE % has ranged from 12.40 to 24.98. According to the industry distribution chart, Voltamp Transformers ranks #373 out of 2998 companies in the Industrial Products industry, placing it in the top 12.4%.
Is Voltamp Transformers' ROE % too high?
Voltamp Transformers' current ROE % of 10.69% is 27% below median its 10-year median of 14.57. Over the past 10 years, this metric has ranged from a low of 12.40 to a high of 24.98. The Industrial Products industry median ROE % is 5.86. Voltamp Transformers' value of 10.69% is 82.6% above this industry median. Based on the distribution chart, Voltamp Transformers ranks #373 out of 2998 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Voltamp Transformers has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Voltamp Transformers' ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Voltamp Transformers ranks #373 out of 2998 companies for ROE %. This places Voltamp Transformers in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 5.86. Voltamp Transformers' value of 10.69% is 82.6% above this benchmark. Historically, Voltamp Transformers' own ROE % has ranged from 12.40 to 24.98 over the past decade. While the company's 10-year median is 14.57 vs. the industry median of 5.86, Voltamp Transformers has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.86, based on 2,998 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Voltamp Transformers's current ROE % of 10.69% is 82.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Voltamp Transformers and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voltamp Transformers's current ROE % is 10.69%, which is 27% below median its own 10-year median of 14.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voltamp Transformers stock overvalued right now?
Based on GuruFocus' analysis, Voltamp Transformers (NSE:VOLTAMP) is currently considered Fairly Valued. The stock's GF Value™ is ₹9,589.78, compared to a current price of ₹9,847.00 — trading 2.7% above its estimated fair value. The current ROE % is 10.69%, which is 27% below median its 10-year median of 14.57 and 82.6% above the Industrial Products industry median of 5.86. Voltamp Transformers' overall GF Score™ is 97/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Voltamp Transformers (NSE:VOLTAMP), the current ROE % is 10.69% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Voltamp Transformers (NSE:VOLTAMP) Overvalued in 2026?

Based on GuruFocus' analysis, Voltamp Transformers stock appears to be overvalued. The current stock price of ₹9,847.00 is trading 2.7% above its estimated GF Value™ of ₹9,589.78. GuruFocus considers Voltamp Transformers to be Fairly Valued.

Key valuation signals for NSE:VOLTAMP:

  • ROE %: 10.69% (27% below median its 10-year median of 14.57)
  • GF Value™: ₹9,589.78 vs. price of ₹9,847.00 (2.7% above fair value)
  • GF Score™: 97/100 with 2 warning signs
  • Industry Position: 82.6% above the Industrial Products median (#373 of 2998)

No single metric tells the full story. See the NSE:VOLTAMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Voltamp Transformers Business Description

Other Exchanges 532757:India
Address Makarpura, Vadodara, GJ, IND, 390014
Voltamp Transformers Ltd is an India-based company engaged in the manufacture of electrical transformers. Its products include Oil-filled transformers, Cast resin transformers, Unitized substations, Induction furnace transformers, and lighting transformers. It also offers repair, overhauling, conversion, and maintenance services for transformers, and supplies spares for transformers. The company has only one operating segment, i.e., manufacturing of electrical transformers.
97GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹9,847.00
Price
₹9,589.78
GF Value