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Voltas Ltd

Voltas Ltd

VOLTAS Share Price

NSE
1,349.200.02% (-0.30)
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With a market cap of ₹44,652 cr, stock is ranked 216

Stock is 2.35x as volatile as Nifty

VOLTAS Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

Avg

Average profitability - not good, not bad

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹44,652 cr, stock is ranked 216

Stock is 2.35x as volatile as Nifty

VOLTAS Performance & Key Metrics

VOLTAS Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
118.806.980.30%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
26.085.670.54%

VOLTAS Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
41%
Analysts have suggested that investors can buy this stock

from 32 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

VOLTAS Company Profile

Voltas Limited is engaged in room air conditioners, contract revenue, commercial refrigeration products and sale of services.

Investor Presentation

View older View older 

May 14, 2026

PDF
View Older Presentations

VOLTAS Similar Stocks (Peers)

Compare with peers Compare with peers 

VOLTAS Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
62.17
62.17
1Y Return
8.66%
8.66%
Buy Reco %
96.30
96.30
PE Ratio
57.33
57.33
1Y Return
15.15%
15.15%
Buy Reco %
69.23
69.23
BLUESTARCO
PE Ratio
66.86
66.86
1Y Return
6.15%
6.15%
Buy Reco %
50.00
50.00
PE Ratio
154.27
154.27
1Y Return
1.91%
1.91%
Buy Reco %
77.27
77.27
PE Ratio
-69.61
-69.61
1Y Return
22.69%
22.69%
Buy Reco %
94.12
94.12
Compare with Peers

VOLTAS Sentiment Analysis

VOLTAS Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

VOLTAS Stock Summary · May 2026

Strong but uneven recovery: Q4 showed consolidated income of INR 4,930 crore while unitary product margins compressed to about 3.2% in FY26, underscoring recovery in volumes alongside margin pressure. Management struck a constructive, disciplined tone, highlighting a major cooling portfolio refresh (AI‑enabled Vertis split ACs and repositioned marketing), accelerated appliances scale‑up via the Voltbek JV, disciplined project execution with a ~INR 6,200 crore carry‑forward order book, and ongoing factory automation and localization to boost responsiveness. They acknowledged clear tensions — erratic summer demand, channel stock overhang, double‑digit commodity and currency cost moves and H2 FX mark‑to‑market losses — and described blended price actions plus a GST rate cut as cushioning demand. Cost‑out programs underway are beginning to show benefits, but full gross‑margin recovery is expected only gradually, with management targeting a return toward FY25 margin quantum by FY27. Near term they expect channel inventory to normalize (sub‑45 to nearer 30 days) and room AC volumes to recover 15%–20% next year, with further price moves conditional on cost pass‑through.

VOLTAS Stock Growth Drivers
VOLTAS Stock Growth Drivers
8
  • Progressive Q4 Recovery and Operational Resilience

    Voltas delivered a progressive recovery in Q4 driven primarily by a strong cooling segment and

  • Product Innovation and Premium RAC Refresh

    A comprehensive refresh of the RAC portfolio in FY26 culminated in the Summer 2026 launch

VOLTAS Stock Challenges
VOLTAS Stock Challenges
6
  • Material deterioration in consolidated profitability and revenues

    Voltas reported a meaningful weakening in financial performance: while quarterly consolidated revenue was only marginally

  • Severe margin compression in the Unitary Products segment with uncertain recovery trajectory

    Unitary product margins contracted sharply from about 8.4% in FY25 to roughly 3.2% in FY26,

VOLTAS Forecast

VOLTAS Forecasts

Price

Revenue

Earnings

VOLTAS

VOLTAS

Income

Balance Sheet

Cash Flow

VOLTAS Income Statement

VOLTAS Income Statement

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Quarterdec 2023mar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026
Total Revenue2,683.614,257.305,001.272,724.583,164.164,847.254,020.652,411.933,119.614,930.46
Operating & Other expensessubtract2,633.394,050.624,526.572,489.162,940.144,466.753,785.932,313.432,952.134,703.17
Depreciation/Amortizationsubtract12.8411.8113.4316.4317.8714.0518.4724.4220.6220.59
Interest & Other Itemssubtract13.5320.799.7513.5615.5223.2813.5319.9631.0922.20
Taxes & Other Itemssubtract54.2657.64117.2971.4458.50102.1562.2619.8330.8268.32
EPS-0.923.5210.104.053.997.284.251.032.573.51

VOLTAS Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual report

PDF

Investor Presentation

May 14PDF
Jan 29PDF
Nov 14PDF
Aug 8PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

May 8PDF
Jan 30PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF
 

VOLTAS Stock Peers

VOLTAS Past Performance & Peer Comparison

VOLTAS Past Performance & Peer Comparison

Comparing 3 stocks from 
Consumer DiscretionaryHome Electronics & Appliances

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Voltas Ltd118.806.980.30%
LG Electronics India Ltd62.1717.55
Dixon Technologies (India) Ltd57.3323.710.07%
Blue Star Ltd66.8611.500.50%

VOLTAS Stock Price Comparison

Compare VOLTAS with any stock or ETF
Compare VOLTAS with any stock or ETF
VOLTAS
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VOLTAS Holdings

VOLTAS Shareholdings

VOLTAS Promoter Holdings Trend

VOLTAS Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

VOLTAS Institutional Holdings Trend

VOLTAS Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

VOLTAS Shareholding Pattern

VOLTAS Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding30.30%14.70%23.70%18.45%12.86%

Jun 2025

Sep 2025

Dec 2025

Mar 2026

VOLTAS Shareholding History

VOLTAS Shareholding History

Dec '24MarJunSepDec '25Mar21.31%21.96%21.16%20.26%18.41%18.45%

Mutual Funds Invested in VOLTAS

Mutual Funds Invested in VOLTAS

No mutual funds holding trends are available

Top 5 Mutual Funds holding Voltas Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
1.5575%0.98%-0.17%46/71 (-4)
1.0922%2.31%-0.34%12/65 (-6)
0.5267%0.66%0.06%32/99 (+2)

Compare 3-month MF holding change on Screener

VOLTAS Insider Trades & Bulk Stock Deals

VOLTAS Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing VOLTAS stock

smallcases containing VOLTAS stock

Looks like this stock is not in any smallcase yet.

VOLTAS Events

VOLTAS Events

VOLTAS Dividend Trend

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.30%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.96 every year

Dividends

Corp. Actions

Announcements

Legal Orders

VOLTAS Dividend Trend

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.30%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.96 every year

VOLTAS Upcoming Dividends

VOLTAS Upcoming Dividends

No upcoming dividends are available

VOLTAS Past Dividends

VOLTAS Past Dividends

Cash Dividend

Ex DateEx DateJun 12, 2026

Final
Final | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Jun 12, 2026

Cash Dividend

Ex DateEx DateJun 20, 2025

Final
Final | Div/Share: ₹7.00

Dividend/Share

7.00

Ex DateEx Date

Jun 20, 2025

Cash Dividend

Ex DateEx DateJun 25, 2024

Final
Final | Div/Share: ₹5.50

Dividend/Share

5.50

Ex DateEx Date

Jun 25, 2024

Cash Dividend

Ex DateEx DateJun 9, 2023

Final
Final | Div/Share: ₹4.25

Dividend/Share

4.25

Ex DateEx Date

Jun 9, 2023

Cash Dividend

Ex DateEx DateJun 9, 2022

Final
Final | Div/Share: ₹5.50

Dividend/Share

5.50

Ex DateEx Date

Jun 9, 2022

VOLTAS Stock News & Opinions

VOLTAS Stock News & Opinions

Spotlight
Spotlight
Voltas gains as FY27 AC sales cross 1 million units in record time

The Tata Group company attributed the achievement to strong consumer demand, a refreshed product portfolio, wider market reach and continued focus on innovation and execution. Voltas said it strengthened its market proposition over the past year through a clearly defined segmentation strategy across premium, mid and value categories. The company also enhanced consumer engagement through marketing campaigns featuring AI-enabled products and celebrity endorsements. To mark the achievement, Voltas has launched a nationwide campaign titled India's First. Keeping India First. The campaign celebrates the trust of more than one million families who purchased Voltas air conditioners this season. Mukundan Menon, managing director of Voltas, said crossing the one million sales milestone within the first three months of the financial year reflects consumer trust in the brand and the execution capabilities of its teams and channel partners. He added that the company remains focused on innovation, customer experience and sustainable growth as the air conditioner category continues to expand. Jayant Balan, head of the room air conditioner business at Voltas, said the milestone reflects the success of the company's product portfolio refresh, sharper market segmentation and consumer communication initiatives. He added that demand remains encouraging across markets and the company expects to build on the momentum in the coming months. Founded in 1954 and part of the Tata Group, Voltas is a leading provider of air conditioning and engineering solutions. The company also has a presence in home appliances, commercial refrigeration, air coolers, water heaters, fans and commercial air conditioning products. On a consolidated basis, Voltas' net profit declined 51.80% to Rs 116.18 crore while net sales rose 2.44% to Rs 4843.54 crore in Q4 March 2026 over Q4 March 2025. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Corporate
Voltas to convene AGM

Voltas announced that the Annual General Meeting(AGM) of the company will be held on 30 June 2026.

1 month agoCapital Market - Live
Corporate
Corporate
Board of Voltas recommends final dividend

Voltas announced that the Board of Directors of the Company at its meeting held on 14 May 2026, inter alia, have recommended the final dividend of Rs 4 per equity Share (i.e. 400%) , subject to the approval of the shareholders.

1 month agoCapital Market - Live
Earnings
Earnings
Voltas consolidated net profit declines 51.80% in the March 2026 quarter

Net profit of Voltas declined 51.80% to Rs 116.18 crore in the quarter ended March 2026 as against Rs 241.02 crore during the previous quarter ended March 2025. Sales rose 2.44% to Rs 4843.54 crore in the quarter ended March 2026 as against Rs 4728.04 crore during the previous quarter ended March 2025. For the full year,net profit declined 55.33% to Rs 375.88 crore in the year ended March 2026 as against Rs 841.37 crore during the previous year ended March 2025. Sales declined 7.82% to Rs 14122.99 crore in the year ended March 2026 as against Rs 15320.45 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales4843.544728.04 2 14122.9915320.45 -8 OPM %3.816.36 -3.666.46 - PBDT205.09357.22 -43 667.701252.53 -47 PBT184.50343.17 -46 583.601190.75 -51 NP116.18241.02 -52 375.88841.37 -55 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Corporate
Voltas to declare Quarterly Results

Voltas will hold a meeting of the Board of Directors of the Company on 14 May 2026.

2 months agoCapital Market - Live
Spotlight
Spotlight
Volumes jump at Voltas Ltd counter

HDFC Bank Ltd, Adani Total Gas Ltd, Gujarat Gas Ltd, ACME Solar Holdings Ltd are among the other stocks to see a surge in volumes on BSE today, 19 March 2026.Voltas Ltd saw volume of 2.62 lakh shares by 10:45 IST on BSE, a 8.89 fold spurt over two-week average daily volume of 29540 shares. The stock dropped 3.66% to Rs.1,371.00. Volumes stood at 27267 shares in the last session.HDFC Bank Ltd saw volume of 37.92 lakh shares by 10:45 IST on BSE, a 2.31 fold spurt over two-week average daily volume of 16.44 lakh shares. The stock dropped 4.42% to Rs.805.65. Volumes stood at 11.01 lakh shares in the last session.Adani Total Gas Ltd clocked volume of 37.01 lakh shares by 10:45 IST on BSE, a 2.08 times surge over two-week average daily volume of 17.80 lakh shares. The stock gained 8.86% to Rs.561.65. Volumes stood at 3.17 lakh shares in the last session.Gujarat Gas Ltd saw volume of 5.01 lakh shares by 10:45 IST on BSE, a 1.98 fold spurt over two-week average daily volume of 2.54 lakh shares. The stock increased 0.35% to Rs.360.30. Volumes stood at 1.2 lakh shares in the last session.ACME Solar Holdings Ltd saw volume of 2.09 lakh shares by 10:45 IST on BSE, a 1.84 fold spurt over two-week average daily volume of 1.14 lakh shares. The stock increased 5.03% to Rs.261.00. Volumes stood at 47808 shares in the last session.Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
Spotlight
Voltas Ltd Spurts 0.73%

Voltas Ltd rose 0.73% today to trade at Rs 1543. The BSE Consumer Durables index is up 0.42% to quote at 60106.29. The index is up 0.71 % over last one month. Among the other constituents of the index, PG Electroplast Ltd increased 0.52% and Crompton Greaves Consumer Electricals Ltd added 0.26% on the day. The BSE Consumer Durables index went up 10.24 % over last one year compared to the 9.99% surge in benchmark SENSEX. Voltas Ltd has added 10.32% over last one month compared to 0.71% gain in BSE Consumer Durables index and 0.37% rise in the SENSEX. On the BSE, 1028 shares were traded in the counter so far compared with average daily volumes of 51717 shares in the past one month. The stock hit a record high of Rs 1546 on 18 Feb 2026. The stock hit a 52-week low of Rs 1172.2 on 07 Apr 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Spotlight
Spotlight
Voltas records over 35% YoY fall in Q3 PAT

Total income for the period under review was Rs 3,120 crore, down 1.4% YoY. Profit before tax stood at Rs 116 crore in Q3 FY26, down by 39.3% from Rs 191 crore recorded in Q3 FY25. Voltas stated that the management had stayed firmly focused on strengthening market leadership in the cooling segment, sharpening its competitive edge through disciplined network expansion, precise micro level market targeting, stronger channel readiness, and more impactful retail and digital activation across priority markets. At the same time, the diversified portfolio spanning Electro Mechanical Projects and Services and Engineering Products provided resilience and business continuity, reinforcing Voltas' steady transformation into a full stack, consumer durable and engineering projects and services company. Mukundan Menon C P, managing director, Voltas, said, 'In Q3, the Room Air Conditioner business remained the anchor of our overall performance, navigating inherent seasonality and the impact of a shorter second summer through stronger channel momentum, improved product mix, and the benefit of the GST rate reduction. With refreshed product lineups, sharper pricing architecture, and focused cost optimisation, Voltas is entering the upcoming season with heightened readiness, stronger execution capability, and a more efficient operating base. Built on this solid foundation, we are well positioned to further strengthen our leadership in cooling while accelerating the growth of our diversified portfolio across Home Appliances and Engineering Project Solutions.' Voltas, a part of the Tata Group, is a premier air conditioning and engineering solutions provider, projects specialist, and one of the leading players in the consumer durables category. The scrip had declined 1.24% to end at Rs 1330.50 on the BSE today. Powered by Capital Market - Live

5 months agoCapital Market - Live
Earnings
Earnings
Voltas consolidated net profit declines 35.71% in the December 2025 quarter

Net profit of Voltas declined 35.71% to Rs 84.95 crore in the quarter ended December 2025 as against Rs 132.13 crore during the previous quarter ended December 2024. Sales declined 1.12% to Rs 3052.77 crore in the quarter ended December 2025 as against Rs 3087.36 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales3052.773087.36 -1 OPM %4.755.34 - PBDT162.88208.50 -22 PBT142.26190.63 -25 NP84.95132.13 -36 Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Corporate
Voltas to discuss results

Voltas will hold a meeting of the Board of Directors of the Company on 29 January 2026.Powered by Capital Market - Live

5 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Voltas Ltd (VOLTAS) today?

    The share price of VOLTAS as on 14th July 2026 is ₹1349.20. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Voltas Ltd (VOLTAS) share?

    The past returns of Voltas Ltd (VOLTAS) share are
    • Past 1 week: 4.92%
    • Past 1 month: 3.02%
    • Past 3 months: -0.89%
    • Past 6 months: -7.61%
    • Past 1 year: -1.98%
    • Past 3 years: 80.21%
    • Past 5 years: 30.58%

  3. What are the peers or stocks similar to Voltas Ltd (VOLTAS)?
  4. What is the dividend yield % of Voltas Ltd (VOLTAS) share?

    The current dividend yield of Voltas Ltd (VOLTAS) is 0.30.

  5. What is the market cap of Voltas Ltd (VOLTAS) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Voltas Ltd (VOLTAS) is ₹44652.90 Cr as of 14th July 2026.

  6. What is the 52 week high and low of Voltas Ltd (VOLTAS) share?

    The 52-week high of Voltas Ltd (VOLTAS) is ₹1582.50 and the 52-week low is ₹1186.80.

  7. What is the PE and PB ratio of Voltas Ltd (VOLTAS) stock?

    The P/E (price-to-earnings) ratio of Voltas Ltd (VOLTAS) is 118.80. The P/B (price-to-book) ratio is 6.98.

  8. Which sector does Voltas Ltd (VOLTAS) belong to?

    Voltas Ltd (VOLTAS) belongs to the Consumer Discretionary sector & Home Electronics & Appliances sub-sector.

  9. How to buy Voltas Ltd (VOLTAS) shares?

    You can directly buy Voltas Ltd (VOLTAS) shares on Tickertape. Simply sign up, connect your demat account and place your order.