Consumer Durables · NIFTY 500

Voltas Limited

NSEVOLTAS BSE500575 ISININE226A01021 SeriesEQ Listed on NSE · BSE

₹1,114.70 -8.00 (-0.71%) Updated 12 Nov, 6:47 pm IST

Open chart Back to screener

Price, daily close-19.16% in a year

Today

Open: ₹1,122.00
Prev close: ₹1,122.70
Day high: ₹1,139.00
Day low: ₹1,110.20
Volume: 13.41 L
Value traded: ₹150.74 Cr
Upper circuit: ₹1,147.50
Lower circuit: ₹1,080.70
52W high: ₹1,582.50
52W low: ₹930.50
1 month: +6.49%
6 months: -15.88%

52W low52W high

Ratios

Key numbers

Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.

Market cap₹36,874 Cr

P/E (TTM)78.89

P/B5.46

Book value / share₹204.02

EPS (TTM)₹14.13

ROE6.9%

Dividend yield0.36%

Dividend (12m)₹4.00 / share

Net margin (TTM)3.0%

Operating margin4.7%

Debt / equity0.22

Current ratio1.49

EV / EBITDA49.52

Sales growth (YoY qtr)+15.30%

Profit growth (YoY qtr)+53.53%

Sales CAGR 3Y+14.46%

Profit CAGR 3Y+40.68%

Shares33.08 Cr

Quarterly results

Results for each quarter

Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.

Revenue and net profit

2,626-30.4

Dec 23

4,203116

Mar 24

4,921334

Jun 24

2,619134

Sep 24

3,105132

Dec 24

4,768241

Mar 25

3,939140

Jun 25

2,34734.3

Sep 25

3,07185.0

Dec 25

4,888116

Mar 26

4,674214

Jun 26

2,70752.6

Sep 26

Revenue · QoQ (vs last quarter)

—+60%+17%-47%+19%+54%-17%-40%+31%+59%-4.4%-42%

Revenue · YoY (vs a year ago)

————+18%+13%-20%-10%-1.1%+2.5%+19%+15%

Net profit · QoQ (vs last quarter)

—+483%+187%-60%-1.4%+82%-42%-76%+148%+37%+84%-75%

Net profit · YoY (vs a year ago)

————+534%+107%-58%-74%-36%-52%+52%+54%

RevenueNet profitLine = trend

-0.92

Dec 23

3.52

Mar 24

10.10

Jun 24

4.05

Sep 24

3.99

Dec 24

7.28

Mar 25

4.25

Jun 25

1.03

Sep 25

2.57

Dec 25

3.51

Mar 26

6.46

Jun 26

1.59

Sep 26

EPS (₹) · YoY (vs a year ago)

————+534%+107%-58%-75%-36%-52%+52%+54%

EPS (₹)Line = trend

₹ Cr	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
Revenue	2,626	4,203	4,921	2,619	3,105	4,768	3,939	2,347	3,071	4,888	4,674	2,707
Other income	57.9	54.4	80.3	105	59.1	79.7	82.1	64.6	48.8	42.6	91.2	39.5
Total income	2,684	4,257	5,001	2,725	3,164	4,847	4,021	2,412	3,120	4,930	4,765	2,746
Raw material	1,735	1,928	1,722	1,781	2,199	2,423	2,210	1,684	1,728	2,635	2,271	1,946
Purchases	585	1,335	1,652	632	700	1,033	1,118	265	542	1,158	1,339	358
Employee cost	205	199	202	238	231	219	231	241	225	243	258	267
Other expenses	332	440	403	277	296	471	450	272	325	543	499	386
Total expenses	2,624	4,045	4,520	2,487	2,941	4,472	3,792	2,321	2,945	4,710	4,442	2,622
Operating profit	28.4	191	424	162	197	333	179	70.4	151	221	266	128
OPM %	1.1%	4.5%	8.6%	6.2%	6.4%	7.0%	4.5%	3.0%	4.9%	4.5%	5.7%	4.7%
Finance cost	13.5	20.8	9.8	13.6	15.5	23.3	13.5	20.0	31.1	22.2	12.8	19.8
Depreciation	12.8	11.8	13.4	16.4	17.9	14.1	18.5	24.4	20.6	20.6	21.3	23.6
Exceptional items	—	—	—	—	—	—	—	—	-26.5	—	—	—
Profit before tax	59.9	212	481	238	223	375	229	90.6	148	221	323	124
Tax	51.5	63.4	117	72.6	59.9	107	62.1	22.6	31.3	71.1	72.7	35.2
Net profit	-27.6	111	335	133	131	236	141	31.5	84.5	113	213	47.7
Profit to shareholders	-30.4	116	334	134	132	241	140	34.3	85.0	116	214	52.6
EPS (₹)	-0.92	3.52	10.10	4.05	3.99	7.28	4.25	1.03	2.57	3.51	6.46	1.59

Profit & loss

Results for each year

8 financial years (April to March), consolidated, ₹ crore.

Sales, operating profit and net profit

7,124600508

FY19

7,658635517

FY20

7,457542525

FY21

7,934682504

FY22

9,499329135

FY23

12,481475252

FY24

15,4131,116841

FY25

14,245620376

FY26

Revenue · YoY (vs a year ago)

—+7.5%-2.6%+6.4%+20%+31%+23%-7.6%

Net profit · YoY (vs a year ago)

—+1.8%+1.5%-4.0%-73%+87%+234%-55%

RevenueOperating profitNet profitLine = trend

₹ Cr	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	7,124	7,658	7,457	7,934	9,499	12,481	15,413	14,245
Other income	186	231	288	189	168	253	324	238
Total expenses	6,569	7,024	6,974	7,316	8,996	12,110	14,421	13,768
Employee cost	642	672	602	618	667	779	890	939
Operating profit	600	635	542	682	329	475	1,116	620
OPM %	8.4%	8.3%	7.3%	8.6%	3.5%	3.8%	7.2%	4.4%
Finance cost	33.0	21.1	26.2	25.9	29.6	55.9	62.1	86.8
Depreciation	24.0	32.0	33.9	37.3	39.6	47.6	61.8	84.1
Profit before tax	729	813	770	808	428	624	1,317	688
Tax	164	223	180	191	171	238	356	187
Tax rate %	22.4%	27.5%	23.4%	23.7%	40.0%	38.1%	27.1%	27.2%
Net profit	514	521	529	506	136	248	834	370
Profit to shareholders	508	517	525	504	135	252	841	376
Net margin %	7.1%	6.8%	7.0%	6.4%	1.4%	2.0%	5.5%	2.6%
EPS (₹)	15.35	15.63	7.18	15.23	4.08	7.62	25.43	11.36

Balance sheet

Assets and debt

At each year end (and the latest half year), ₹ crore.

Equity, debt and assets

5,452616693

Mar 23

5,821713815

Mar 24

6,513863650

Mar 25

6,376966755

Mar 26

6,7491,513511

Sep 26

Shareholders' equity · YoY (vs a year ago)

—+6.8%+12%-2.1%—

Shareholders' equityBorrowingsCashLine = trend

₹ Cr	Mar 23	Mar 24	Mar 25	Mar 26	Sep 26
Shareholders' equity	5,452	5,821	6,513	6,376	6,749
Long-term borrowings	21.2	228	382	376	376
Short-term borrowings	595	485	481	591	1,138
Total borrowings	616	713	863	966	1,513
Current liabilities	4,620	5,756	6,006	7,554	6,380
Fixed assets (PPE)	361	390	820	967	1,011
Inventories	1,592	2,135	2,715	3,433	3,494
Trade receivables	2,192	2,533	2,511	3,035	1,717
Cash & equivalents	693	815	650	755	511
Current assets	6,446	7,725	8,878	10,329	9,484
Total assets	10,279	12,036	13,152	14,510	13,768
Debt / equity	0.11	0.12	0.13	0.15	0.22

Cash flow

Cash coming in and going out

For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.

Operating, investing and financing cash

695-365-107

FY22

159-81.655.1

FY23

762-522-116

FY24

-224158-99.7

FY25

71.0282-262

FY26

Operations · YoY (vs a year ago)

—-77%+378%-129%+132%

OperationsInvestingFinancingLine = trend

₹ Cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	695	159	762	-224	71.0
Cash from investing	-365	-81.6	-522	158	282
Cash from financing	-107	55.1	-116	-99.7	-262
Spent on fixed assets	-48.2	-180	-293	-208	-133
Free cash flow	646	-20.6	468	-432	-61.8
Net cash flow	223	133	123	-166	90.3

Shareholding

Who holds the shares

Promoter and public holding at each quarter end, as filed with NSE.

Holding over time

30.3%Dec 23

30.3%Mar 24

30.3%Jun 24

30.3%Sep 24

30.3%Dec 24

30.3%Mar 25

30.3%Jun 25

30.3%Sep 25

30.3%Dec 25

30.3%Mar 26

30.3%Jun 26

30.3%Sep 26

Promoter & groupPublic

Latest (30 Sep 2026)

30.3%promoter

Promoter & group: 30.30%
Public (FIIs, mutual funds, retail…): 69.70%
Promoter change, last quarter: 0.00 pts

Dividends & news

Latest dividends and announcements

Dividends & corporate actions

Dividend - Rs 4 Per ShareEx 12-Jun-2026
Dividend - Rs 7 Per ShareEx 20-Jun-2025
Annual General Meeting/Dividend - Rs 5.50 Per ShareEx 25-Jun-2024
Annual General Meeting/Dividend - Rs 4.25 Per ShareEx 09-Jun-2023
Annual General Meeting/Dividend - Rs 5.50 Per ShareEx 09-Jun-2022
Annual General Meeting/Dividend - Rs 5 Per ShareEx 11-Aug-2021
Annual General Meeting/Dividend - Rs 4 Per ShareEx 05-Aug-2020
Annual General Meeting/ Dividend - Rs 4 Per ShareEx 17-Jul-2019

Board meetings

VOLTAS LIMITED has informed the Exchange about Board Meeting to be held on 06-Nov-2026 to inter-alia consider and approve the Unaudited Financial res…06-Nov-2026
the financial results for the period ended September 30, 202606-Nov-2026
Voltas Limited has informed the Exchange about Board Meeting to be held on 14-Aug-2026 to inter-alia consider and approve the Unaudited Financial res…14-Aug-2026
the financial results for the period ended Jun 30, 202614-Aug-2026
the financial results for the period ended Jun 30, 202614-Aug-2026

Filings with NSE

Analysts/Institutional Investor Meet/Con. Call Updates6 Nov
Investor Presentation6 Nov
Press Release6 Nov
Appointment6 Nov
Retirement6 Nov
Appointment6 Nov
Appointment6 Nov

Latest news

VOLTAS Outlook for the WeekEquitypandit · 8 Nov, 1:30 pm Who is Sunil D'Souza, the new Voltas Chairman succeeding Noel Tata?Business Standard · 12 Nov, 4:38 pm Voltas share price slips 3% after Q2 results: Jefferies bullish, Goldman Sachs bearish – Check targetsZee Business · 9 Nov, 10:13 am Voltas shares fall nearly 4% intraday on Q2 results but pare losses; brokerages cautious, flag margin...Moneycontrol.com · 9 Nov, 11:16 am Tata Steel, Tata Chemicals, Voltas shares: Buy, sell or hold? Target prices for Tata stocks -IndiaIPO · 9 Nov, 12:04 pm Voltas share price: Nuvama upgrades rating but Jefferies cuts target price after analyst meet. Here’s whyThe Economic Times · 23 Sep, 12:30 pm Better Data Center Stock: Hitachi Energy vs VoltasEquitymaster · 10 Nov, 3:07 pm Voltas Q2 Results: Net profit zooms 53% on RAC growth, better UCP profitability; misses estimatesCNBC TV18 · 6 Nov, 5:30 pm

About

About Voltas Limited

Voltas Limited is an Indian multinational home appliance company, headquartered in Mumbai. It designs, develops, manufactures and sells products including air conditioners, air coolers, refrigerators, washing machines, dishwashers, microwaves, air purifiers, water dispensers. Voltas is India's largest air conditioning company by market share.

From Wikipedia (CC BY-SA 4.0).

BRANDS

Voltas Beko

Company details

Company name: Voltas Limited
NSE symbol: VOLTAS
BSE scrip code: 500575
ISIN: INE226A01021
Listed on: NSE, BSE
Series: EQ (normal equity)
Listed on NSE since: 12 Apr 1995
Face value: ₹1 per share
Market lot: 1 share
Shares issued: 33.08 crore
Index: NIFTY 500
Sector (NSE): Consumer Durables
Industry: Industrial Machinery
Managing director / CEO: Mukundan Menon C P
Chair: Noel Tata
Headquarters: Mumbai, Maharashtra, India
Registered address: Voltas House ‘A’, Dr. Babasaheb Ambedkar Road, Chinchpokli, Mumbai 400 033
Founded: 1954
Employees: 16,372
Financial year: April to March
Results basis: Consolidated
Website: voltas.com

Peers

Other Consumer Durables stocks

Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.

India, Wall Street, crypto and commodities, live.

Every product, one clear workflow.

Built from data, on the record.

A clearer view of the markets.

Calculators and tools that show the maths.

Read the numbers, not the noise.

Voltas Limited

Today

Ratios

Quarterly results

Revenue and net profit

Profit & loss

Sales, operating profit and net profit

Balance sheet

Equity, debt and assets

Cash flow

Operating, investing and financing cash

Shareholding

Holding over time

Latest (30 Sep 2026)

Dividends & news

Dividends & corporate actions

Board meetings

Filings with NSE

Latest news

About

Company details

Peers