Voltas Ltd (VOLTAS)
₹1,144.80
Mkt cap
₹38,621 Cr
P/E ratio
82.70
P/B
5.93
Div yield
0.34%
ROE
6.10%
ROCE
9.04%
EPS (TTM)
₹13.84
Book value
₹193
52W range
1,145–1,561
Sector
Consumer Discretionary
Price history
Previous close
Voltas is engaged in the business of air conditioning, refrigeration, electro - mechanical projects as an EPC contractor both in domestic and international geographies (Middle East and Singapore) and engineering product services for mining, water management and treatment, construction equipments and textile industry. Voltas was created 6 decades ago when Tata Sons joined hands with a swiss company Volkart Brothers. Voltas is also one of the most reputed engineering solution providers specializing in project management. [1] The company has 5,000+ Customer sites actively managed across India [2]
NSE VOLTASBSE 500575
Health check
Cautious
ValuationExpensive
ProfitabilityWeak
GrowthModerate
TechnicalsBearish
52-week range
−26.68% from high₹1,145
₹1,1450.00% from low₹1,561
Current
₹1,144.80
Prev close
₹1,167.20
Day
−1.92%
Price performance
1D
−1.92%
1W
−5.00%
1M
−9.71%
3M
−11.26%
6M
−22.92%
1Y
−20.53%
YTD
−19.96%
Financials
Revenue, profit & margin
P/E ratio
82.7×
VOLTAS is 117% above the sector median of 38.1×
VOLTAS82.7×
Sector median38.1×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,360 | 2,293 | 2,626 | 4,203 | 4,921 | 2,619 | 3,105 | 4,768 | 3,939 | 2,347 | 3,071 | 4,888 | 4,674 | |
| Expenses | 3,206 | 2,256 | 2,633 | 4,051 | 4,527 | 2,489 | 2,940 | 4,467 | 3,786 | 2,313 | 2,926 | 4,703 | 4,445 | |
| Operating Profit | 154 | 37 | -8 | 152 | 394 | 130 | 165 | 301 | 153 | 34 | 145 | 185 | 228 | |
| OPM % | 4.6% | 1.6% | -0.3% | 3.6% | 8% | 5.0% | 5% | 6% | 3.9% | 1.4% | 4.7% | 3.8% | 4.9% | |
| Other Income | 70 | 71 | 58 | 54 | 80 | 105 | 59 | 80 | 82 | 65 | 22 | 43 | 91 | |
| Interest | 10 | 11 | 14 | 21 | 10 | 14 | 16 | 23 | 14 | 20 | 31 | 22 | 13 | |
| Depreciation | 11 | 12 | 13 | 12 | 13 | 16 | 18 | 14 | 18 | 24 | 21 | 21 | 21 | |
| Profit before tax | 203 | 85 | 24 | 174 | 452 | 205 | 191 | 343 | 203 | 54 | 116 | 184 | 285 | |
| Tax % | 36% | 58% | 216% | 36% | 26% | 35% | 31% | 31% | 31% | 42% | 27% | 39% | 25% | |
| Net Profit | 129 | 36 | -28 | 111 | 335 | 133 | 131 | 236 | 141 | 32 | 84 | 113 | 213 | |
| EPS in Rs | 3.91 | 1.11 | -0.92 | 3.52 | 10.10 | 4.05 | 3.99 | 7.28 | 4.24 | 1.04 | 2.57 | 3.51 | 6.46 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.29% · closed higher next day 22 of last 59
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 19 Oct '23◦ | 31 Jan '24 | 8 May '24 | 12 Aug '24◦ | 30 Oct '24 | 29 Jan '25◦ | 7 May '25◦ | 8 Aug '25◦ | 13 Nov '25◦ | 29 Jan '26◦ | 14 May '26◦ | 14 Aug '26◦ |
| Earnings day | −2.41% | +7.46% | −5.07% | −0.58% | −4.11% | −13.89% | −1.68% | −4.58% | +1.05% | −1.57% | −4.86% | −4.05% |
| +1 day | −2.09% | +3.13% | −8.14% | −2.04% | −6.84% | −14.47% | −0.68% | −4.59% | +2.77% | −1.65% | −3.15% | −5.12% |
| +5 days | −0.51% | +2.16% | −6.17% | +5.90% | −0.21% | −5.40% | +1.48% | +5.67% | +4.41% | +6.37% | −1.96% | −5.94% |
| +15 days | −2.96% | +8.87% | −1.00% | +12.49% | −7.14% | −12.89% | +1.45% | +9.61% | −0.74% | +14.66% | −1.34% | −11.61% |
| +30 days | +0.74% | +5.58% | +6.83% | +20.75% | +2.12% | −4.85% | +1.37% | +5.17% | +3.23% | +4.25% | −1.23% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 4 Per Share | 4.00 | 12 Jun '26 | 12 Jun '26 |
Shareholding
as of Jun 202630.30%Promoter
Promoters30.30%
FIIs16.94%1.50
DIIs38.93%0.65
Public13.72%0.86
Government0.11%
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| LGEINDIA | ₹1,647.80 | 61.30 | 1,11,848 | 0.00% | 653 | +27.20% | 7,233 | +15.49% | 32.27% |
| VOLTAS | ₹1,167.20 | 82.71 | 38,621 | 0.34% | 213 | +52.19% | 4,674 | +18.66% | 9.04% |
| BLUESTARCO | ₹1,496.00 | 58.13 | 30,760 | 0.57% | 103 | −21.03% | 3,378 | +13.27% | 21.24% |
| AMBER | ₹7,439.00 | 127.15 | 26,236 | 0.00% | 3 | −3.37% | 3,888 | +12.72% | 10.29% |
| CROMPTON | ₹231.02 | 32.77 | 14,876 | 1.30% | 140 | +12.12% | 2,022 | +11.20% | 18.98% |
| VGUARD | ₹332.55 | 38.23 | 14,530 | 0.45% | 130 | +76.37% | 1,811 | +23.50% | 18.38% |
| WHIRLPOOL | ₹815.35 | 37.94 | 10,344 | 0.61% | 103 | −29.40% | 2,727 | +12.10% | 10.67% |
| Median: 23 Co. | ₹548.00 | 38.08 | 3,949 | 0.34% | 32 | +29.34% | 886 | +17.10% | 10.93% |
Filings
Annual reports15
Annual Report 2026bseAnnual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013nseAnnual Report 2013bse
Concall transcripts34
TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024TranscriptSep 2024PPTSep 2024RECSep 2024
Credit ratings6
Announcements5
Intimation - Update On A Pending Material Litigation As Required Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 1 Sep - Qatar Court of Cassation dismissed OHL&C appeal on 30 Aug 2026; May 4 order stands, guarantees cancelled.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 20 Aug - Voltas released Q1 FY27 earnings call transcript; income Rs 4,765 crore, profit Rs 213 crore, RAC share 17.3%.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 14 Aug - Audio recording of Q1FY27 earnings conference call released on Voltas website.Announcement under Regulation 30 (LODR)-Investor Presentation 14 AugBoard Meeting Outcome for Outcome Of Board Meeting Of Voltas Limited Held On 14Th August, 2026 14 Aug - Voltas reported Q1 FY27 consolidated PAT of ₹213 crore and 1 million RAC sales in 81 days.






