Yash Highvoltage Ltd was originally incorporated on 6 June 2002 as “Yash Highvoltage Insulators Private Limited” in Gujarat. https://www.moneycontrol.com
The company later evolved into a leading Indian manufacturer of high-voltage and high-current transformer bushings. Game Changers Texfab Limited IPO 2025 – Everything You Need to Know
Yash Highvoltage Ltd deals in producing transformer bushings like Oil-Impregnated Paper (OIP), Resin-Impregnated Paper (RIP), and Resin-Impregnated Synthetic (RIS).
The company also manufactures wall bushings, oil-to-oil bushings, and provides retrofit and repair services for power transformers. Dixon Technologies (India) Pvt Ltd.
With more than 40,000+ bushings installed in 60+ countries, Yash Highvoltage has established a robust worldwide presence, catering to utilities, OEMs, and EPCs in the power and transmission industry.
Financial & IPO Highlights
Based on SME IPO papers, the business reported:
- Revenue: ₹109.12 crore in FY2024 (up from ₹90.61 crore in FY2023)
- PAT: ₹12.06 crore in FY2024
Production Capacity: Around 7,000 bushings per year (3,700 OIP + 3,000 RIP + 300 High Current) from its Gujarat plant. Canara HSBC Life Insurance IPO 2025 – All You Need to Know Before Investing
IPO Details of Yash Highvoltage Ltd:
- Issue Size: ₹110.01 crore
- Face Value: ₹5 per share
- IPO Price: ₹146 per share
- Listing Exchange: BSE-SME segment
Key Strengths of Yash Highvoltage Ltd
- A niche producer in a technologically specialized segment of transformer bushings with established competence and export focus.
- Strong fit with the “Make in India” policy, providing indigenous technology in RIP and RIS segments.
- Global reach with thousands of installations maintaining brand validity and long-term client relationships.
Risks & Considerations
- Small-scale operations in contrast to global industry players, constraining economies of scale.
- Raw material and special component dependence can affect margins.
- Increasing capacity and diversifying into new markets will be key to maintaining future growth.
Conclusion
Yash Highvoltage Ltd has established itself well in India’s high-voltage equipment production arena through its emphasis on cutting-edge bushing technology. The company’s increase in revenue, technical competence, and international presence consolidates its long-term outlook. But scaling up operations and raw material dependence are the chief challenges in the future. https://www.nseindia.com