Synopsis: Ampvolts Ltd hit a 10% upper circuit after its Q3 results, and Revenue surged 1,620% YoY from ₹0.40 crore to ₹6.88 crore, while net profit turned around from a ₹0.12 crore loss to a ₹1.53 crore profit.
The shares of the Penny stock company specializing in Electric Vehicle (EV) charging infrastructure and green mobility solutions are in focus following their Q3 results, with a 1,620 percent rise in revenue.
With a market capitalization of Rs. 65.72 Crores on the Day’s Trade, the shares of Ampvolts Ltd hit a 10 percent upper circuit, reaching a high of Rs. 25.56 compared to its previous close of Rs. 23.24.
What Happened
Ampvolts Ltd, engaged in electric vehicle (EV) charging infrastructure and green mobility solutions, is in the spotlight today as it has rallied 10 percent in a single day following its Q3 results, as follows:
Its Revenue from operations rose by 1,620percent YoY from Rs. 0.40 Crores in Q3FY25 to Rs. 6.88 Crores in Q3FY26, and it rose by 374 percent QoQ from Rs. 1.45 Crores in Q2FY26 to Rs. 6.88 Crores in Q3FY26.
From Net Loss of Rs. 0.12 Crores in Q3FY25 turned to a profit of Rs. 1.53 Crores in Q3FY26, and on a QoQ basis, it rose by 629 percent from Rs. 0.21 Crores in Q2FY26 to Rs. 1.53 Crores in Q3FY26. The earnings per share (EPS) for the quarterly period stood at Rs. 0.60, compared to Rs. 0.08 in the previous quarter.
Company Overview & Others
Ampvolts Ltd, formerly known as Quest Softech (India) Limited (incorporated in 2000), is a Mumbai-based company that rebranded in June 2024 to focus on the electric vehicle (EV) charging infrastructure market
As a subsidiary of AV AC DC Renew Private Limited, it specializes in the supply, installation, operation, and maintenance of AC and DC fast chargers for residential, commercial, and fleet applications, aiming to support India’s green energy transition. Ampvolts is actively expanding its footprint to support India’s EV adoption, aiming to provide accessible, safe, and efficient charging solutions.
The company has significantly improved its operational efficiency, with debtor days reducing from 297 to 129 days, indicating faster collections. Its debt-to-equity ratio stands at 0.45, reflecting a relatively comfortable leverage position. Additionally, the stock’s P/E ratio of 25.1 is considerably lower than the industry average of 54.7, suggesting the stock may be undervalued compared to its peers.
The company has delivered strong long-term performance, achieving a compounded sales growth of 101% over the past five years, while compounded profit growth stood at 60% during the same period, reflecting robust revenue expansion and healthy earnings growth.
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