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Increases to Voltamp Transformers Limited's (NSE:VOLTAMP) CEO Compensation Might Cool off for now
Key Insights
- Voltamp Transformers' Annual General Meeting to take place on 29th of July
- Salary of ₹39.2m is part of CEO Kanubhai Patel's total remuneration
- The total compensation is 148% higher than the average for the industry
- Voltamp Transformers' EPS grew by 35% over the past three years while total shareholder return over the past three years was 209%
CEO Kanubhai Patel has done a decent job of delivering relatively good performance at Voltamp Transformers Limited (NSE:VOLTAMP) recently. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 29th of July. However, some shareholders will still be cautious of paying the CEO excessively.
See our latest analysis for Voltamp Transformers
How Does Total Compensation For Kanubhai Patel Compare With Other Companies In The Industry?
Our data indicates that Voltamp Transformers Limited has a market capitalization of ₹95b, and total annual CEO compensation was reported as ₹83m for the year to March 2025. We note that's an increase of 14% above last year. While we always look at total compensation first, our analysis shows that the salary component is less, at ₹39m.
On comparing similar companies from the Indian Electrical industry with market caps ranging from ₹35b to ₹138b, we found that the median CEO total compensation was ₹33m. Hence, we can conclude that Kanubhai Patel is remunerated higher than the industry median.
Component | 2025 | 2024 | Proportion (2025) |
Salary | ₹39m | ₹37m | 47% |
Other | ₹43m | ₹35m | 53% |
Total Compensation | ₹83m | ₹72m | 100% |
Speaking on an industry level, nearly 83% of total compensation represents salary, while the remainder of 17% is other remuneration. In Voltamp Transformers' case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. If total compensation is slanted towards non-salary benefits, it indicates that CEO pay is linked to company performance.
Voltamp Transformers Limited's Growth
Over the past three years, Voltamp Transformers Limited has seen its earnings per share (EPS) grow by 35% per year. Its revenue is up 20% over the last year.
Overall this is a positive result for shareholders, showing that the company has improved in recent years. It's a real positive to see this sort of revenue growth in a single year. That suggests a healthy and growing business. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.
Has Voltamp Transformers Limited Been A Good Investment?
Most shareholders would probably be pleased with Voltamp Transformers Limited for providing a total return of 209% over three years. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.
In Summary...
Seeing that the company has put up a decent performance, only a few shareholders, if any at all, might have questions about the CEO pay in the upcoming AGM. Still, not all shareholders might be in favor of a pay raise to the CEO, seeing that they are already being paid higher than the industry.
Shareholders may want to check for free if Voltamp Transformers insiders are buying or selling shares.
Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies that have HIGH return on equity and low debt.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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