Appointment of M/s. Kashyap Shah & Co. as Secretarial Auditor for FY 2025-26.
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Yash Highvoltage Limited's board met on 20th May 2025 and approved audited financial results for FY25 (ended 31st March 2025). Revenue from operations jumped to Rs 15,014.13 lakhs, up about 38% from Rs 10,848.08 lakhs in FY24. Profit after tax rose to Rs 2,140.76 lakhs, a strong ~74% jump from Rs 1,232.87 lakhs last year, with EPS climbing to Rs 8.92 from Rs 5.57. The statutory auditor, Shah Mehta & Bakshi, issued a clean, unqualified opinion on the results. The board also approved acquiring Yash HV Power Components Pvt Ltd as a wholly owned subsidiary (newly incorporated, paid-up capital Rs 1 lakh) for transformer component sales and services, and appointed M/s. Kashyap Shah & Co. as the Secretarial Auditor for FY26 to comply with listing norms following its December 2024 IPO. The company's balance sheet has expanded sharply with cash and bank balances at Rs 7,159.72 lakhs (vs Rs 263.88 lakhs), largely from IPO proceeds.
Strong FY25 results with double-digit revenue growth and over 70% PAT growth signal robust business momentum and improving profitability, which is positive for shareholders. The acquisition expands the company's footprint into sales and services of transformer components, while the clean audit opinion and strengthening balance sheet (low debt-to-equity at ~0.15) reinforce investor confidence.