Voltas Limited VOLTAS NIFTY_MIDNSE
Voltas Limited operates as an air conditioning and engineering solutions provider primarily in India, the Middle East, Africa, and internationally. It 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 electro-mechanical services, including HVAC (heating, ventilation, and air conditioning), electrical systems, plumbing, firefighting, extra low voltage, and specialized services. In addition, the company provides facilities maintenance services, such as operations and maintenance contracts in various sectors, AMCs, retrofit jobs, etc. Further, it engages in the provision of water treatment solutions for industrial and domestic sewage segments, as well as last mile connectivity of water tab 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 mining and construction industry; undertakes rural electrification, power augmentation, substations, industrial electrification, and solar projects related to engineering, procurement, and construction. Furthermore, it engages in manufacturing of ducts and ducts accessories; drilling, irrigation, and landscaping activities; and construction of water treatment plants. Voltas Limited was incorporated in 1954 and is headquartered in Mumbai, India.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 14.5% over 5 years.
- Profit CAGR of 40.7% over 5 years.
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 109.9.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
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
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
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 | 1,245.70 | 109.85 | ₹41,218.31 Cr | 0.32% | 9.26% | 5.72% | 14.54% | 40.68% |
| 2 | MARUTI Maruti Suzuki India Limited NIFTY50NSEAI | 13,127.00 | 28.09 | ₹4.13 L Cr | 1.07% | 17.22% | 14.43% | 16.60% | 21.11% |
| 3 | M&M Mahindra & Mahindra Limited NIFTY50NSEAI | 3,045.60 | 20.00 | ₹3.66 L Cr | 1.08% | 17.26% | 18.75% | 18.44% | 18.48% |
| 4 | TITAN Titan Company Limited NIFTY50NSE | 4,074.90 | 71.43 | ₹3.61 L Cr | 0.27% | 38.43% | 37.13% | 23.83% | 16.00% |
| 5 | ETERNAL Eternal Limited NSEAITECH | 250.58 | 626.45 | ₹2.30 L Cr | - | 2.87% | 1.19% | 97.70% | 45.90% |
| 6 | EICHERMOT Eicher Motors Limited NIFTY50NSEAI | 7,177.00 | 35.71 | ₹1.97 L Cr | 0.98% | 26.43% | 23.77% | 17.47% | 23.70% |
| 7 | TVSMOTOR TVS Motor Company Limited NSE | 3,355.70 | 52.91 | ₹1.59 L Cr | 0.36% | 28.86% | 31.62% | 26.91% | 31.46% |
| 8 | HYUNDAI HYUNDAI MOTOR INDIA LTD NSE | 1,924.00 | 28.82 | ₹1.56 L Cr | 1.09% | 32.62% | 29.92% | 5.50% | 4.87% |
| 9 | MOTHERSON Samvardhana Motherson International Limited NSEAI | 145.74 | 39.82 | ₹1.53 L Cr | 0.41% | 11.82% | 10.11% | 17.10% | 37.17% |
Quarterly Results
Figures in INR.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | - | 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 | - | 663.94 Cr | 672.64 Cr | 503.94 Cr | 551.92 Cr | 761.91 Cr |
| Operating Income | - | 318.69 Cr | 160.06 Cr | 45.99 Cr | 156.67 Cr | 200.08 Cr |
| EBITDA | - | 380.50 Cr | 234.72 Cr | 98.50 Cr | 167.48 Cr | 227.29 Cr |
| Interest Expense | - | 23.28 Cr | 13.53 Cr | 19.96 Cr | 31.09 Cr | 22.20 Cr |
| Pretax Income | - | 343.17 Cr | 202.72 Cr | 54.12 Cr | 115.77 Cr | 184.50 Cr |
| Tax Provision | - | 107.48 Cr | 62.11 Cr | 22.62 Cr | 31.31 Cr | 71.07 Cr |
| Net Income | - | 241.02 Cr | 140.46 Cr | 34.29 Cr | 84.95 Cr | 116.18 Cr |
| Diluted EPS | - | 7.28 | 4.25 | 1.03 | 2.57 | 3.51 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 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 | 11,980.39 Cr | 11,069.78 Cr |
| Gross Profit | - | 2,014.18 Cr | 2,584.47 Cr | 3,340.06 Cr | 3,053.21 Cr |
| Operating Expenses | - | 1,723.35 Cr | 2,157.10 Cr | 2,305.66 Cr | 2,490.41 Cr |
| Operating Income | - | 290.83 Cr | 427.37 Cr | 1,034.40 Cr | 562.80 Cr |
| EBITDA | - | 376.35 Cr | 589.27 Cr | 1,314.64 Cr | 727.99 Cr |
| Interest Expense | - | 29.59 Cr | 55.88 Cr | 62.11 Cr | 86.78 Cr |
| Pretax Income | - | 307.14 Cr | 485.80 Cr | 1,190.75 Cr | 557.11 Cr |
| Tax Provision | - | 170.92 Cr | 237.69 Cr | 356.47 Cr | 187.11 Cr |
| Net Income | - | 135.01 Cr | 252.00 Cr | 841.37 Cr | 375.88 Cr |
| Diluted EPS | 15.23 | 4.08 | 7.62 | 25.43 | - |
Compounded Sales Growth
| 5 Years: | 14.54% |
| 1 Year: | 2.50% |
Compounded Profit Growth
| 5 Years: | 40.68% |
| 1 Year: | -51.80% |
Stock Price Performance
| 1 Year: | -0.75% |
| 6 Months: | -8.04% |
| 3 Months: | -19.02% |
| 1 Month: | -15.53% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 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 | 2,511.47 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 | - | 650.58 Cr | 743.63 Cr | 891.97 Cr | 992.48 Cr |
| Total Equity | - | 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 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 159.38 Cr | 761.51 Cr | -225.15 Cr | 70.97 Cr |
| Investing Cash Flow | - | -81.60 Cr | -522.36 Cr | 157.94 Cr | 281.75 Cr |
| Financing Cash Flow | - | 55.05 Cr | -116.32 Cr | -99.71 Cr | -262.41 Cr |
| Capital Expenditure | - | -179.93 Cr | -293.05 Cr | -208.18 Cr | -132.74 Cr |
| Free Cash Flow | - | -20.55 Cr | 468.46 Cr | -433.33 Cr | -61.77 Cr |
| Net Change in Cash | - | 132.83 Cr | 122.83 Cr | -166.92 Cr | 90.31 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 21.4% | 20.8% | 21.8% | 21.6% |
| Operating Margin % | - | 3.1% | 3.4% | 6.8% | 4.0% |
| Net Margin % | - | 1.4% | 2.0% | 5.5% | 2.7% |
| ROE % | - | 2.5% | 4.3% | 12.9% | 5.9% |
| ROCE % | - | 5.1% | 6.8% | 14.5% | 8.1% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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