Voltas Limited VOLTAS NIFTY_MIDNSE
Company Overview
Voltas Limited operates as air conditioning and engineering solutions in India, the Middle East, Africa, and internationally. The company operates through three segments: Unitary Cooling Products; Electro - Mechanical Projects and Services; and Engineering Products and Services. The company manufactures, sells, and services cooling appliances and cold storage products, such as room air conditioners, water dispensers and coolers, visi coolers, chest and convertible freezers, cold rooms, medical refrigeration, air coolers and purifiers, water heaters, ducted AC, variable refrigerant flow, cassette and tower AC, and chillers, as well as refrigerators, washing machines, microwave ovens, dishwashers, dry iron, and mixer grinders. It also offers a comprehensive range of electromechanical services, including HVAC (heating, ventilation, and air conditioning), electrical systems, plumbing, firefighting, extra low voltage, and specialized services. In addition, it provides facilities maintenance services, such as operations and maintenance contracts in various sectors, AMCs, spares, and retrofit jobs, etc. Further, it engages in the provision of water treatment solutions for the industrial and domestic sewage segments, as well as last-mile connectivity of water tabs under various government schemes; sale and service of capital machinery for textile industry; sale of spares and accessories for textile equipment; and sale of mining and construction equipment. Additionally, the company offers operations and maintenance services for the mining and construction industry; it undertakes rural electrification, power augmentation, substations, industrial electrification, and solar projects related to engineering, procurement, and construction. Furthermore, it engages in manufacturing ducts and duct accessories; drilling, irrigation, and landscaping activities; and construction of water treatment plants. Voltas Limited was incorporated in 1954 and is headquartered in Mumbai, India.
Why Investors Should Care
Net profit has compounded at 40.7% per year over the last five years.
Revenue has grown at a 14.5% CAGR over the past five years.
Carries low leverage with a debt-to-equity ratio of 0.16.
Recent Developments
- Mar 2026 Revenue of ₹14,122.99 Cr (-7.8% YoY); net profit ₹375.88 Cr.
- Trailing 12 Months Year-on-year growth — revenue -7.8%, earnings -55.3%.
- 5-Year Trend Long-term compounding — revenue CAGR 14.5%, profit CAGR 40.7%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 14.54% |
| 1 Year: | -7.82% |
Compounded Profit Growth
| 5 Years: | 40.68% |
| 1 Year: | -55.33% |
Stock Price Performance
| 1 Year: | +0.23% |
| 6 Months: | -6.55% |
| 3 Months: | -4.72% |
| 1 Month: | +3.03% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMABelow
- RSI (14)63.71 · Neutral
P/E of 120.40 is above the sector median of 30.43 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 14.5% over 5 years.
- Profit CAGR of 40.7% over 5 years.
CONS
- Trading at a high P/E of 120.4.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Consumer Cyclical).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VOLTAS Voltas Limited NIFTY_MIDNSE | 1,367.80 | 120.40 | ₹45,258.41 Cr | 0.31% | 9.26% | 5.90% | 14.54% | 40.68% |
| 2 | MARUTI Maruti Suzuki India Limited NIFTY50NSEAI | 13,542.00 | 29.36 | ₹4.26 L Cr | 1.01% | 17.22% | 13.70% | 16.60% | 21.11% |
| 3 | TITAN Titan Company Limited NIFTY50NSE | 4,602.10 | 80.47 | ₹4.09 L Cr | 0.33% | 38.43% | 32.31% | 29.24% | 16.00% |
| 4 | M&M Mahindra & Mahindra Limited NIFTY50NSEAI | 3,108.80 | 20.43 | ₹3.87 L Cr | 1.05% | 17.14% | 18.37% | 17.50% | 18.48% |
| 5 | BAJAJ-AUTO Bajaj Auto Limited NIFTY50NSE | 10,348.50 | 26.92 | ₹2.89 L Cr | 1.48% | 26.12% | 27.67% | 19.49% | 21.03% |
| 6 | ETERNAL Eternal Limited NSEAITECH | 290.35 | 744.49 | ₹2.80 L Cr | 0.00% | 2.87% | 1.18% | 97.70% | 45.90% |
| 7 | EICHERMOT Eicher Motors Limited NIFTY50NSEAI | 7,354.50 | 42.67 | ₹2.02 L Cr | 1.11% | 26.43% | 21.97% | 17.47% | 23.70% |
| 8 | TVSMOTOR TVS Motor Company Limited NSE | 3,644.70 | 57.37 | ₹1.73 L Cr | 0.33% | 28.82% | 31.56% | 20.21% | 31.46% |
| 9 | HYUNDAI HYUNDAI MOTOR INDIA LTD NSE | 2,035.00 | 30.44 | ₹1.65 L Cr | 1.06% | 32.62% | 27.14% | 5.50% | 4.87% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,957.00 Cr | 3,360.00 Cr | 2,293.00 Cr | 2,626.00 Cr | 4,203.00 Cr | 4,921.00 Cr | 2,619.00 Cr | - | 4,728.00 Cr | 3,912.29 Cr | 2,314.39 Cr | 3,052.77 Cr | 4,843.54 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 3,745.37 Cr | 3,079.59 Cr | 1,764.46 Cr | 2,344.18 Cr | 3,881.55 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 982.63 Cr | 832.70 Cr | 549.93 Cr | 708.59 Cr | 961.99 Cr |
| Operating Expenses | 2,767.00 Cr | 3,206.00 Cr | 2,256.00 Cr | 2,633.00 Cr | 4,051.00 Cr | 4,527.00 Cr | 2,489.00 Cr | - | 663.94 Cr | 672.64 Cr | 503.94 Cr | 551.92 Cr | 761.91 Cr |
| Operating Income | 180.00 Cr | 143.00 Cr | 25.00 Cr | -21.00 Cr | 140.00 Cr | 381.00 Cr | 114.00 Cr | - | 318.69 Cr | 160.06 Cr | 45.99 Cr | 156.67 Cr | 200.08 Cr |
| EBITDA | 190.00 Cr | 154.00 Cr | 37.00 Cr | -8.00 Cr | 152.00 Cr | 394.00 Cr | 130.00 Cr | - | 380.50 Cr | 234.72 Cr | 98.50 Cr | 167.48 Cr | 227.29 Cr |
| Interest Expense | 12.00 Cr | 10.00 Cr | 11.00 Cr | 14.00 Cr | 21.00 Cr | 10.00 Cr | 14.00 Cr | - | 23.28 Cr | 13.53 Cr | 19.96 Cr | 31.09 Cr | 22.20 Cr |
| Pretax Income | 214.00 Cr | 203.00 Cr | 85.00 Cr | 24.00 Cr | 174.00 Cr | 452.00 Cr | 205.00 Cr | - | 343.17 Cr | 202.72 Cr | 54.12 Cr | 115.77 Cr | 184.50 Cr |
| Tax Provision | 70.62 Cr | 73.08 Cr | 49.30 Cr | 51.84 Cr | 62.64 Cr | 117.52 Cr | 71.75 Cr | - | 107.48 Cr | 62.11 Cr | 22.62 Cr | 31.31 Cr | 71.07 Cr |
| Net Income | 143.00 Cr | 129.00 Cr | 36.00 Cr | -28.00 Cr | 111.00 Cr | 335.00 Cr | 133.00 Cr | - | 241.02 Cr | 140.46 Cr | 34.29 Cr | 84.95 Cr | 116.18 Cr |
| Diluted EPS | 4.35 | 3.91 | 1.11 | -0.92 | 3.52 | 10.10 | 4.05 | - | 7.28 | 4.25 | 1.03 | 2.57 | 3.51 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,183.00 Cr | 5,720.00 Cr | 6,033.00 Cr | 6,404.00 Cr | 7,124.00 Cr | 7,658.00 Cr | 7,556.00 Cr | 7,934.00 Cr | 9,399.37 Cr | 12,407.36 Cr | 15,320.45 Cr | 14,122.99 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 7,385.19 Cr | 9,822.89 Cr | 11,975.43 Cr | 11,088.15 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 2,014.18 Cr | 2,584.47 Cr | 3,345.02 Cr | 3,034.84 Cr |
| Operating Expenses | 4,773.00 Cr | 5,376.00 Cr | 5,484.00 Cr | 5,742.00 Cr | 6,564.00 Cr | 7,040.00 Cr | 6,975.00 Cr | 7,362.00 Cr | 1,723.35 Cr | 2,157.10 Cr | 2,276.37 Cr | 2,432.38 Cr |
| Operating Income | 383.00 Cr | 318.00 Cr | 525.00 Cr | 639.00 Cr | 536.00 Cr | 586.00 Cr | 546.00 Cr | 535.00 Cr | 290.83 Cr | 427.37 Cr | 1,068.65 Cr | 602.46 Cr |
| EBITDA | 411.00 Cr | 344.00 Cr | 549.00 Cr | 663.00 Cr | 560.00 Cr | 618.00 Cr | 580.00 Cr | 572.00 Cr | 376.35 Cr | 589.27 Cr | 1,314.64 Cr | 727.99 Cr |
| Interest Expense | 23.00 Cr | 16.00 Cr | 16.00 Cr | 12.00 Cr | 33.00 Cr | 21.00 Cr | 26.00 Cr | 26.00 Cr | 29.59 Cr | 55.88 Cr | 62.11 Cr | 86.78 Cr |
| Pretax Income | 514.00 Cr | 563.00 Cr | 720.00 Cr | 805.00 Cr | 677.00 Cr | 744.00 Cr | 709.00 Cr | 697.00 Cr | 307.14 Cr | 485.80 Cr | 1,190.75 Cr | 557.11 Cr |
| Tax Provision | 128.50 Cr | 168.90 Cr | 201.60 Cr | 225.40 Cr | 162.48 Cr | 223.20 Cr | 177.25 Cr | 188.19 Cr | 170.92 Cr | 237.69 Cr | 356.47 Cr | 187.11 Cr |
| Net Income | 388.00 Cr | 393.00 Cr | 520.00 Cr | 578.00 Cr | 514.00 Cr | 521.00 Cr | 529.00 Cr | 506.00 Cr | 135.01 Cr | 252.00 Cr | 841.37 Cr | 375.88 Cr |
| Diluted EPS | 11.62 | 11.70 | 15.64 | 17.30 | 15.35 | 15.63 | 15.87 | 15.23 | 4.08 | 7.62 | 25.43 | 11.36 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 4,886.00 Cr | 5,869.00 Cr | 6,469.00 Cr | 7,296.00 Cr | 7,515.00 Cr | 8,156.00 Cr | 8,655.00 Cr | 9,734.00 Cr | 10,279.01 Cr | 12,035.72 Cr | 13,152.02 Cr | 14,509.68 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 6,446.49 Cr | 7,724.64 Cr | 8,877.92 Cr | 10,329.19 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 692.72 Cr | 815.30 Cr | 649.79 Cr | 755.10 Cr |
| Inventory | - | - | - | - | - | - | - | - | 1,591.97 Cr | 2,135.38 Cr | 2,714.81 Cr | 3,432.85 Cr |
| Receivables | - | - | - | - | - | - | - | - | 2,191.85 Cr | 2,400.31 Cr | 2,231.86 Cr | 3,034.95 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 4,785.29 Cr | 6,181.51 Cr | 6,611.72 Cr | 8,110.63 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 4,619.54 Cr | 5,756.38 Cr | 6,005.50 Cr | 7,554.03 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 21.15 Cr | 228.00 Cr | 382.28 Cr | 375.80 Cr |
| Total Debt | 122.00 Cr | 271.00 Cr | 171.00 Cr | 142.00 Cr | 315.00 Cr | 219.00 Cr | 261.00 Cr | 361.00 Cr | 650.58 Cr | 743.63 Cr | 891.97 Cr | 992.48 Cr |
| Total Equity | 2,102.00 Cr | 2,811.00 Cr | 3,307.00 Cr | 3,905.00 Cr | 4,110.00 Cr | 4,280.00 Cr | 4,993.00 Cr | 5,499.00 Cr | 5,452.07 Cr | 5,820.50 Cr | 6,513.25 Cr | 6,376.21 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 33.09 Cr | 33.09 Cr | 33.09 Cr | 33.09 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 311.00 Cr | 219.00 Cr | 428.00 Cr | 325.00 Cr | -321.00 Cr | 462.00 Cr | 556.00 Cr | 584.00 Cr | 159.38 Cr | 761.51 Cr | -225.15 Cr | 70.97 Cr |
| Investing Cash Flow | -104.00 Cr | -315.00 Cr | -73.00 Cr | -199.00 Cr | 393.00 Cr | -210.00 Cr | -256.00 Cr | -365.00 Cr | -81.60 Cr | -522.36 Cr | 157.94 Cr | 281.75 Cr |
| Financing Cash Flow | -236.00 Cr | 48.00 Cr | -211.00 Cr | -181.00 Cr | -18.00 Cr | -294.00 Cr | -122.00 Cr | -107.00 Cr | 55.05 Cr | -116.32 Cr | -99.71 Cr | -262.41 Cr |
| Capital Expenditure | 205.00 Cr | -16.00 Cr | -23.00 Cr | -33.00 Cr | -81.00 Cr | -83.00 Cr | -19.00 Cr | -47.00 Cr | -179.93 Cr | -293.05 Cr | -208.18 Cr | -132.74 Cr |
| Free Cash Flow | 516.00 Cr | 203.00 Cr | 405.00 Cr | 292.00 Cr | -402.00 Cr | 379.00 Cr | 537.00 Cr | 537.00 Cr | -20.55 Cr | 468.46 Cr | -433.33 Cr | -61.77 Cr |
| Net Change in Cash | -29.00 Cr | -47.00 Cr | 143.00 Cr | -55.00 Cr | 53.00 Cr | -42.00 Cr | 179.00 Cr | 113.00 Cr | 132.83 Cr | 122.83 Cr | -166.92 Cr | 90.31 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 21.4% | 20.8% | 21.8% | 21.5% |
| Operating Margin % | 7.4% | 5.6% | 8.7% | 10.0% | 7.5% | 7.7% | 7.2% | 6.7% | 3.1% | 3.4% | 7.0% | 4.3% |
| Net Margin % | 7.5% | 6.9% | 8.6% | 9.0% | 7.2% | 6.8% | 7.0% | 6.4% | 1.4% | 2.0% | 5.5% | 2.7% |
| ROE % | 18.5% | 14.0% | 15.7% | 14.8% | 12.5% | 12.2% | 10.6% | 9.2% | 2.5% | 4.3% | 12.9% | 5.9% |
| ROCE % | - | - | - | - | - | - | - | - | 5.1% | 6.8% | 15.0% | 8.7% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for VOLTAS
Voltas Share Price Gains 4% As Rare Post-June AC Price Hike Signals Strong Margin Defense - NDTV Profit
<a href="https://news.google.com/rss/articles/CBMizAFBVV95cUxQZks3LWtGUG5kQk9mMnZsNWVqU1I1Vlk5dUx1RG9vSWwycElab2VFeUJSRDFqc3YtTXp2MExxbktjd1paOEl2anBWRTJuT2pxTHRpbU5FbjM4QmNPZWItTkhVN1ZmVjJKMm9yNVNtRWl3Y25pS1N3QTZWeGpqWkdYNHlpV0VlN0o5UXhvV3…
Voltas sells 1 million ACs in 81 days, shares jump 5% - MSN
<a href="https://news.google.com/rss/articles/CBMi6AFBVV95cUxNZHRaZWRLWGpTNzVZRXVaRDJLWGEya0FISHdQNk5uRFBBaHFDa3JFOFdqTGVIdUtDSDNLalBZQUE3aGRaYTZRdlJWRDF6UW1mOTBwc0ZTUjI3OEVIc0dORXhDclBzRHlGNHBHbHl0OTdvSWFpQmFSZmdSeWczNlFEUVJiT2k4WmlKOTdpVn…
Voltas Hits One Million AC Sales in Record Time, Cements Market Lead - The Globe and Mail
<a href="https://news.google.com/rss/articles/CBMi4gFBVV95cUxObnR2a1BUdW4zaU5kRWh3QzloZ1o5OGg5eDBKemVuSlp6MXJ2ZFppMTI0ZkZKWWY0UWloaW96Nk9KOEFiZ1Z4VWY0cHViYTAyUWpWV2Z6ckVDODl2Q1lpOUQtRTVST1FNazFUN01ERXkxZi1nc0Y1cktMN05BUGwxU1NxSUQtNE9TbnVoN2…
Voltas jumps over 4% as company hikes AC prices with immediate effect - Business Standard
<a href="https://news.google.com/rss/articles/CBMi0AFBVV95cUxPeWt1OW92X3FoRHRGcDRxUmZwZWZJWmszRWlCdldpMDIwVEVBb0d1VUhSaU5jVDhpMHRMWXFTQmtGTjZhTFBkcmdmbGg4V2tualNuOHlhdlQyTHZ3QmJqWGV4d1ViYURPcFZUM29hYXRQdTZDQnFtTVoxRzlBbGZDX0FTVGdXNWx4V05oWW…
Voltas urges shareholders to claim unpaid dividends before IEPF transfer - scanx.trade
<a href="https://news.google.com/rss/articles/CBMiyAFBVV95cUxPeTJLSnN3am1QTklyaHdIeFlYb1dwaGJrbTlxS2ZwT0oxTGo4Qkswd0JIOGp2a0FUVHk2MXByT0F5Tnc1aDdXVTE4VGd6ZTUwSUdhRFE4UURHUlNDMFBGLS1EU0NDbUlnVUUxcF9yVlZ2RndqaGdTX1pDV1FTM0JmVDZoWldIeHdUSW1BR0…
We Think That There Are More Issues For Voltas (NSE:VOLTAS) Than Just Sluggish Earnings - simplywall.st
<a href="https://news.google.com/rss/articles/CBMi0gFBVV95cUxOa2p3eTI3OGt2SjU1V2diLUpQU0FCMURBRFl4cmtqZWo1cFJRaXF3alBhcDVJZFdiaHZPUlRKUHR1d2VNQXpSQlZzZHlRMV9MQUFZa2JNUUVVYV9JS0p3UE10b005Y0hnWW81SHV6MlIxNTVKdHFMUzFjQkkwLWtnSmtmRGptdnlSdjNpYW…
VOLTAS — Frequently Asked Questions
What is the current share price of Voltas Limited (VOLTAS)?
As of 2026-07-15 09:52 IST, Voltas Limited (VOLTAS) trades at ₹1,367.80 on NSE. Its 52-week range is ₹1,216.38 to ₹1,556.41.
What is the market capitalisation of VOLTAS?
Voltas Limited (VOLTAS) has a market capitalisation of ₹45,258.41 Cr on NSE.
What is the P/E ratio of VOLTAS?
VOLTAS trades at a trailing price-to-earnings (P/E) ratio of 120.40. The industry average P/E is 30.43. Its price-to-book (P/B) ratio is 7.00.
Does VOLTAS pay a dividend?
Voltas Limited (VOLTAS) currently offers a dividend yield of 0.31%.
What is the return on equity (ROE) of VOLTAS?
VOLTAS has a return on equity (ROE) of 5.90%. Its return on capital employed (ROCE) is 9.26%.
Is VOLTAS a good stock to buy?
This page provides a data-driven analysis of Voltas Limited (VOLTAS), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.