Voltas

Why is Voltas Ltd. falling/rising?

As of 01-Sep, Voltas Ltd. is seeing a slight stock price increase to 1,205.00, despite a year-to-date decline of 11.44% and a one-year drop of 14.65%. Positive quarterly results and increased investor interest are contributing to the uptick, but long-term concerns remain due to poor growth and high valuation relative to peers.

As of 01-Sep, Voltas Ltd. is experiencing a slight rise in its stock price, currently at 1,205.00, with a change of 5.0 (0.42%) upwards. This increase comes despite the stock's overall poor performance in the longer term, as indicated by its year-to-date decline of 11.44% and a one-year drop of 14.65%. <BR><BR>The stock is currently trading 1.83% away from its 52-week low, suggesting some upward movement but still reflecting a challenging market position. Additionally, Voltas has underperformed its sector by 0.5% today and is trading lower than its moving averages across various time frames, indicating a generally weak trend.<BR><BR>However, there are some positive factors contributing to the recent uptick in price. Notably, the company has declared positive quarterly results after four consecutive negative quarters, with a significant growth in profit after tax (PAT) of 116.4% and net sales growth of 31.2% compared to the previous four-quarter average. Furthermore, the rising investor participation, evidenced by an 81.47% increase in delivery volume, suggests a growing interest in the stock, which may be supporting its current price rise.<BR><BR>Despite these positive developments, the long-term outlook remains concerning due to poor growth in operating profit over the past five years and a high valuation relative to its peers. The stock's return on equity (ROE) of 6.2 and a price-to-book value of 6.3 indicate that it is trading at a premium, which could deter potential investors. Overall, while there is a slight rise in the stock price, the underlying fundamentals suggest a cautious approach moving forward.

Which are the latest news on Voltas?

Who are in the management team of Voltas?

The management team of Voltas includes Chairman N N Tata, Managing Director & CEO Pradeep Bakshi, and several non-executive and independent directors, such as Debendranath Sarangi and Anjali Bansal, bringing diverse expertise to the company.

The management team of Voltas includes the following key members:<BR><BR>1. **N N Tata** - Chairman (Non-Executive)<BR>2. **V P Malhotra** - Company Secretary & Compliance Officer<BR>3. **Vinayak Deshpande** - Non-Executive & Non-Independent Director<BR>4. **Debendranath Sarangi** - Non-Executive & Independent Director<BR>5. **Bahram N Vakil** - Non-Executive & Independent Director<BR>6. **Anjali Bansal** - Non-Executive & Independent Director<BR>7. **Arun Kumar Adhikari** - Non-Executive & Independent Director<BR>8. **Pradeep Bakshi** - Managing Director & CEO<BR>9. **Zubin S Dubash** - Non-Executive & Independent Director<BR>10. **Saurabh Agrawal** - Director<BR><BR>This team brings a diverse range of experience and expertise to the company.

What does Voltas do?

Voltas Ltd. is a leading provider of cooling products and engineering solutions in India, primarily known for its air conditioners. As of June 2026, it reported net sales of ₹4,674 Cr and a net profit of ₹214 Cr, with a market cap of ₹39,155 Cr.

Overview: <BR>Voltas Ltd. is a leading provider of cooling products and engineering solutions in the Electronics & Appliances industry, categorized as a Mid Cap company.<BR><BR>History: <BR>Voltas Limited was incorporated on 6th September, 1954, under the Tata Group. It has established itself as the number one room air conditioner brand in India. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 4,674 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 214 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 39,155 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 85.00 <BR>Industry P/E: 73 <BR>Dividend Yield: 0.33% <BR>Debt Equity: -0.01 <BR>Return on Equity: 6.20% <BR>Price to Book: 6.23<BR><BR>Contact Details: <BR>Address: Voltas House A Block, Dr B A Road Chinchpokli Mumbai Maharashtra : 400033 <BR>Tel: 91-22-66656666 <BR>Email: shareservices@voltas.com <BR>Website: http://www.voltas.com

Who are the peers of the Voltas?

Voltas' peers include Dixon Technologies, Havells India, Blue Star, Amber Enterprises, PG Electroplast, Crompton Greaves Consumer, V-Guard Industries, Whirlpool India, and Eureka Forbes. In terms of management risk, growth, and capital structure, Voltas shows average performance compared to its peers, with a 1-year return of -12.57%.

Peers: The peers of Voltas are Dixon Technologies, Havells India, Blue Star, Amber Enterprises, PG Electroplast, Crompton Greaves Consumer, V-Guard Industries, Whirlpool India, and Eureka Forbes.<BR><BR>Quality Snapshot: Excellent management risk is observed at Dixon Technologies and Blue Star, while Good management risk is found at Havells India, Crompton Greaves Consumer, and V-Guard Industries. Average management risk is present at Voltas, Amber Enterprises, PG Electroplast, and Whirlpool India, while Below Average management risk is noted at Eureka Forbes. In terms of Growth, Excellent growth is seen at Dixon Technologies, Blue Star, Amber Enterprises, PG Electroplast, and Eureka Forbes, while Average growth is found at Havells India, and Below Average growth is noted at Voltas, Crompton Greaves Consumer, and V-Guard Industries. For Capital Structure, Excellent capital structure is observed at Havells India, Voltas, Blue Star, Crompton Greaves Consumer, and V-Guard Industries, while Good capital structure is seen at Dixon Technologies, and Average capital structure is noted at Amber Enterprises and PG Electroplast.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Amber Enterprises at 5.03%, while the peer with the lowest is Whirlpool India at -38.22%. Voltas has a 1-year return of -12.57%, which is better than Whirlpool India but worse than Amber Enterprises. Additionally, the six-month return is negative for Havells India, Blue Star, Crompton Greaves Consumer, and Whirlpool India.

How big is Voltas?

As of 31st August, Voltas Ltd. has a market capitalization of 39,155.00 Cr, with net sales of 14,979.42 Cr and a net profit of 449.18 Cr reported in the latest four quarters.

As of 31st August, Voltas Ltd. has a market capitalization of 39,155.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, Voltas reported net sales of 14,979.42 Cr and a net profit of 449.18 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, with shareholder's funds amounting to 6,376.21 Cr and total assets of 14,459.07 Cr.

Should I buy, sell or hold Voltas Ltd.?

Are Voltas Ltd. latest results good or bad?

Voltas Ltd.'s latest Q4 FY26 results show mixed performance: while revenue increased by 2.52% year-on-year to ₹4,887.83 crores, net profit plummeted by 51.80%, indicating serious profitability concerns. Overall, the results are considered bad due to declining profits and compressed operating margins.

Voltas Ltd.'s latest results for Q4 FY26 indicate a mixed performance, with significant concerns regarding profitability despite a notable increase in revenue. The company reported a net profit of ₹116.18 crores, which represents a sharp decline of 51.80% year-on-year. This decline in profit is troubling, especially considering that it follows a pattern of decreasing profits in previous quarters.<BR><BR>On the positive side, revenue for the quarter reached ₹4,887.83 crores, marking a 2.52% increase year-on-year and a substantial 59.17% increase from the previous quarter. This revenue growth is the highest quarterly figure on record for Voltas, driven by seasonal demand in the air conditioning business.<BR><BR>However, the operating margin has significantly compressed to 4.56%, down from 7.04% in the same quarter last year. This indicates that while sales are increasing, the company is struggling to maintain profitability due to rising costs and competitive pressures. The profit after tax margin also fell to 2.34%, reflecting a concerning trend in the company's financial health.<BR><BR>Overall, while the revenue growth is a positive sign, the drastic decline in net profit and operating margins suggests that Voltas is facing serious operational challenges. Therefore, the latest results can be characterized as bad, particularly from a profitability standpoint. Investors should approach with caution given these trends.

When is the next results date for Voltas Ltd.?

The next results date for Voltas Ltd. is 14 May 2026.

The next results date for Voltas Ltd. is scheduled for 14 May 2026.

Is Voltas technically bullish or bearish?

As of December 2, 2025, Voltas is in a mildly bearish trend, indicated by bearish signals from the MACD, Bollinger Bands, KST, and OBV on weekly charts, despite some mildly bullish daily moving averages.

As of 2 December 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance for Voltas is mildly bearish. Key indicators driving this stance include the MACD on both weekly and monthly time frames showing mildly bearish signals, and the Bollinger Bands indicating bearish conditions on both weekly and monthly charts. Additionally, the KST and OBV are also mildly bearish on the weekly time frame. Although the daily moving averages are mildly bullish, they are not strong enough to offset the overall bearish sentiment reflected in the weekly indicators.

Is Voltas overvalued or undervalued?

As of November 17, 2025, Voltas is considered very expensive and overvalued with a PE ratio of 83.25, an EV to EBITDA of 59.75, and a Price to Book Value of 7.16, significantly higher than its peers, while also underperforming the Sensex with a year-to-date return of -22.98%.

As of 17 November 2025, the valuation grade for Voltas has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued based on its high valuation ratios, including a PE ratio of 83.25, an EV to EBITDA of 59.75, and a Price to Book Value of 7.16. These figures suggest that investors are paying a premium for the stock compared to its earnings and book value.<BR><BR>In comparison to its peers, Voltas' PE ratio is notably higher than Blue Star's 68.34 and Johnson Controls' 118.05, while its EV to EBITDA is also elevated compared to Blue Star's 42.73. This disparity highlights that Voltas is trading at a premium relative to its competitors, further supporting the conclusion that it is overvalued. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -22.98% compared to the Sensex's 8.72%, reinforcing the notion of overvaluation in the current market context.

How has been the historical performance of Voltas?

Voltas has shown significant growth in net sales, increasing from 7,124.07 crore in March 2019 to 15,412.79 crore in March 2025, with profit after tax rising from 507.91 crore to 960.28 crore during the same period, despite challenges in cash flow management. Total assets also grew from 8,083.19 crore in March 2020 to 13,107.65 crore in March 2025.

Answer:<BR>The historical performance of Voltas shows significant growth in net sales and profit over the years, with the latest figures for March 2025 indicating net sales of 15,412.79 crore and a profit after tax of 960.28 crore.<BR><BR>Breakdown:<BR>Voltas has demonstrated a consistent upward trend in net sales, increasing from 7,124.07 crore in March 2019 to 15,412.79 crore in March 2025. This growth reflects a robust operating income that rose from 7,658.08 crore in March 2020 to 15,412.79 crore in March 2025. Despite rising raw material costs, which climbed from 3,556.79 crore in March 2019 to 8,125.96 crore in March 2025, the company managed to maintain a positive operating profit, reaching 1,440.64 crore in March 2025. The profit before tax also saw a substantial increase, from 729.23 crore in March 2019 to 1,316.75 crore in March 2025. The profit after tax surged to 960.28 crore in March 2025, up from 507.91 crore in March 2019. Additionally, the total assets of Voltas grew from 8,083.19 crore in March 2020 to 13,107.65 crore in March 2025, while total liabilities increased from 8,599.71 crore to 13,107.65 crore in the same period. The cash flow from operating activities showed a decline in March 2025, resulting in a net cash outflow of 165.00 crore, contrasting with a net inflow of 122.00 crore in March 2024. Overall, Voltas has shown strong growth in revenue and profitability, despite challenges in cash flow management.

Who are the top shareholders of the Voltas?

The top shareholders of Voltas include Tata Sons Private Ltd with 26.64%, foreign institutional investors at 21.96%, and mutual funds holding 18.88%. Additionally, NPS Trust owns 3.66%, while individual investors hold 11.4%.

The top shareholders of Voltas include several key players. The largest shareholder is Tata Sons Private Ltd, holding 26.64% of the shares. Promoters collectively hold the majority, with no pledged promoter holdings reported. Additionally, foreign institutional investors (FIIs) own 21.96% of the company, while mutual funds are represented by 37 schemes, accounting for 18.88%. The highest public shareholder is NPS Trust, which holds 3.66%. Individual investors also have a notable stake, owning 11.4% of the shares.

Has Voltas declared dividend?

Yes, Voltas has declared a dividend of 550%, amounting to ₹5.5 per share, with an ex-date of June 25, 2024. While recent returns have been negative, the company has shown substantial growth over the past five years, with a total return of 122.47%.

Voltas has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 550%<BR>- Amount per share: 5.5<BR>- Ex-date: Jun-25-2024<BR><BR>Dividend Yield: 0.44%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -26.02%, the dividend return was 0%, resulting in a total return of -26.02%.<BR><BR>Over the past year, the price return was -12.69%, the dividend return was 0.38%, leading to a total return of -12.31%.<BR><BR>In the 2-year period, the price return was 57.44%, the dividend return was 0.70%, resulting in a total return of 58.14%.<BR><BR>For the 3-year period, the price return was 24.64%, the dividend return was 1.03%, culminating in a total return of 25.67%.<BR><BR>In the last 4 years, the price return was 14.59%, the dividend return was 1.94%, which led to a total return of 16.53%.<BR><BR>Finally, over the past 5 years, the price return was 118.16%, the dividend return was 4.31%, resulting in a total return of 122.47%.<BR><BR>Overall, Voltas has declared a significant dividend, and while recent returns over shorter periods have been negative, longer-term returns show substantial growth, particularly over the 5-year period.