This stock has been the least discussed of the TED XI
the performance has been dismal
the stock has been a dog
any views TEDies from here?

http://www.myiris.com/shares/research/KSL1/VOLTRANS_20101210.pdf

Edited by excel_monkey - 12/Dec/2010 at 12:32pm

Its bit old but worth looking

Nalanda Capital Ups Stakes in Voltamp Transforrmers to 8.75%

Not sure about Voltas and Blue star. They have some moat in their brands with limited number of brands and also in their project biz.

But there are just too many transformer companies out there. Numerous unlisted players. Right from GE/BHEL/CG to SMEs.

Volt-face!

Q3 results out...

Total Income DOWN 7.5% to 133.64 Cr from 144.46 Cr.
EBIDTA DOWN 55.8% to 14.48 Cr from 32.77 Cr.
Net Profit DOWN 47% to 12.79 Cr from 24.08 Cr.

EBIDTA margin is 10.83% V/s 22.68% (DQ-09) and 10.06% (SQ-10)
NET Pr margin is 9.57% V/s 16.67% (DQ-09) and 7.49% (SQ-10)

Cost of goods sold as a %ge to Income is 84.81% V/s 73.54% (DQ-09) and 84.07% (SQ-10)
Tax Rate 26.27% v/s 31.33%

Y-t-D 9-month 2010 to 9-month 2009:
Total Income UP 5% to 377.3 Cr from 359.84 Cr (FY10 Full year 541.97 Cr)
EBIDTA DOWN 42% to 39.98 Cr from 68.86 Cr (FY10 Full year 105.8 Cr)
Net DOWN 41.5% to 32.81 Cr from 56.08 Cr (FY10 Full year 82.53 Cr)

Reported Nine month EPS is 32.43 V/s 55.43 (FY10 Full year 81.58)

Whats wrong with India Power story? What happened to Rajiv Gandhi Gramin Vidyut Yojana etc