VOLTAS
Voltas Limited (VOLTAS) Stock Analysis
Voltas Limited is a Tata group company leading in air conditioning, refrigeration, and engineering services in India. It sells room and commercial ACs, offers MEP contracting, and provides textile machinery globally. Voltas is known for desert coolers and market leadership in room ACs. It is listed on the NSE and BSE.
Consumer Cyclical › Furnishings, Fixtures & Appliances
₹1,114.70
+9.33% 1W | -18.50% 52W
Market Cap
36.9k CR
P/E Ratio
78.9
52W High
₹1582.5
52W Low
₹930.5
Div. Yield
0.36%
Beta
0.2
50 DMA
₹1077.2
200 DMA
₹1280
Profit Margin
3%
Inst. Own.
40.2%
📊 ANALYZING TREND
📉 CONSOLIDATING DOWN
Fundamentals
Profit & Loss
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,183 | 5,720 | 6,033 | 6,404 | 7,124 | 7,658 | 7,556 | 7,934 | 9,499 | 12,481 | 15,413 | 14,244 | 14,979 |
| Expenses | 4,773 | 5,376 | 5,484 | 5,742 | 6,564 | 7,040 | 6,975 | 7,362 | 9,045 | 12,145 | 14,423 | 13,728 | 14,387 |
| Operating Profit | 411 | 344 | 549 | 663 | 560 | 618 | 580 | 572 | 454 | 336 | 990 | 516 | 592 |
| OPM % | 8% | 6% | 9% | 10% | 8% | 8% | 8% | 7% | 4.8% | 2.7% | 6% | 3.6% | 4.0% |
| Other Income | 154 | 261 | 212 | 178 | 174 | 179 | 189 | 188 | -77 | 253 | 324 | 212 | 221 |
| Interest | 23 | 16 | 16 | 12 | 33 | 21 | 26 | 26 | 30 | 56 | 62 | 87 | 86 |
| Depreciation | 28 | 26 | 24 | 24 | 24 | 32 | 34 | 37 | 40 | 48 | 62 | 84 | 87 |
| Profit before tax | 514 | 563 | 720 | 805 | 677 | 744 | 709 | 697 | 307 | 486 | 1,191 | 557 | 640 |
| Tax % | 25% | 30% | 28% | 28% | 24% | 30% | 25% | 27% | 56% | 49% | 30% | 34% | |
| Net Profit | 388 | 393 | 520 | 578 | 514 | 521 | 529 | 506 | 136 | 248 | 834 | 370 | 442 |
| EPS in Rs | 11.62 | 11.70 | 15.64 | 17.30 | 15.35 | 15.63 | 15.87 | 15.23 | 4.08 | 7.62 | 25.43 | 11.36 | 13.58 |
| Dividend Payout % | 19% | 22% | 22% | 23% | 26% | 26% | 32% | 36% | 104% | 72% | 28% | 35% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 14.0% | 14.0% | 10.0% |
| Profit CAGR | 17.0% | -6.0% | 2.0% |
Shareholding Pattern
Promoters30.30%
FIIs21.16%
DIIs33.15%
Public15.17%
Promoters30.30%
FIIs20.26%
DIIs35.62%
Public13.61%
Promoters30.30%
FIIs18.41%
DIIs37.74%
Public13.40%
Promoters30.30%
FIIs18.44%
DIIs38.28%
Public12.86%
Promoters30.30%
FIIs16.94%
DIIs38.93%
Public13.72%
Promoters30.30%
FIIs20.58%
DIIs33.14%
Public15.78%
Promoters30.30%
FIIs14.71%
DIIs40.36%
Public14.41%
Promoters30.30%
FIIs21.95%
DIIs32.99%
Public14.53%
Promoters30.30%
FIIs18.44%
DIIs38.28%
Public12.86%
Promoters30.30%
FIIs16.94%
DIIs38.93%
Public13.72%
VOLTAS
Holdings Analysis
Key strengths & risk signals
64
Overall
73
Fundamental
56
Technical
Risks (3)
LOW MARGIN! 3.0% profit margin - thin profits.
WEAK YEAR! Stock declined 18.5% in the last year.
LOWER HALF! Trading at 28.3% of 52W range - weakness visible.
Strengths (4)
FAIRLY VALUED! PEG of 1.94 indicates reasonable valuation.
LOW VOLATILITY! Beta of 0.20 - stable stock, less market risk.
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 838,203 vs down days: 792,279. Ratio: 1.06x
MIXED POSITION! Current price (1114.7) above 50-day but below 200-day.
Fundamental & Technical Analysis
64Overall
73Fundamental
56Technical
Fundamental Breakdown
Growth Quality
26/30
Revenue CAGR: 14.5% (GOOD, 11/15). Profit CAGR: 40.7% (EXCELLENT, 15/15).
Profit Margin
2/10
LOW MARGIN! 3.0% profit margin - thin profits.
PEG Valuation
8/10
FAIRLY VALUED! PEG of 1.94 indicates reasonable valuation.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.36% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.27 - excellent financial health.
Public Holding
16/20
LESS PUBLIC HOLDING! 16.78% public ownership - good institutional/promoter control.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
5/10
BEARISH TREND! 50-day average (1077.2) is below 200-day average (1280.0) - negative signal.
Price Position
6/10
MIXED POSITION! Current price (1114.7) above 50-day but below 200-day.
Trend Pattern
10/20
Current trend: CONSOLIDATING DOWN
52W Performance
2/10
WEAK YEAR! Stock declined 18.5% in the last year.
Volume Sentiment
20/30
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 838,203 vs down days: 792,279. Ratio: 1.06x
RSI
3/5
NEUTRAL! RSI at 54.2 - balanced momentum.
52W Range
2/5
LOWER HALF! Trading at 28.3% of 52W range - weakness visible.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - 9.3% (1 week), 7.1% (1 month), -15.6% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.20 - stable stock, less market risk.
VOLTAS
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q2FY272026-11-12 | Concall PDF | |
| Q4FY262026-05-20 | Concall PDF | |
| Q3FY262026-02-03 | Concall PDF | |
| Q2FY262025-11-20 | Concall PDF |
Peer Comparison
Consumer Cyclical · Furnishings, Fixtures & Appliances · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VOLTAS | ₹1,114.70 | 78.9 | 3.0% | 14.5% | 40.7% | -18.5% | 64 | CONSOLIDATING DOWN | +53.4% | -75.4% | +10.9% | -44.5% |
| AMBER | ₹6,209.00 | 228.9 | 0.8% | 20.7% | 4.2% | -13.5% | 47 | APPROACHING RESISTANCE | -78.5% | -83.3% | +12.7% | -6.3% |
| CROMPTON | ₹216.00 | – | -2.0% | 5.6% | – | -22.2% | 54 | CONSOLIDATING DOWN | – | -15.1% | – | +1.3% |
| WHIRLPOOL | ₹833.00 | 45 | 3.0% | 6.4% | 10.3% | -32.4% | 63 | APPROACHING SUPPORT | – | -75.6% | – | -31.3% |
| CELLO | ₹369.40 | 26.8 | 13.3% | 9.2% | 7.6% | -40.3% | 70 | BREAKOUT | -10.3% | +11.6% | +7.8% | +20.2% |
| TTKPRESTIG | ₹579.90 | 33.1 | 6.1% | 2.3% | -14.2% | -10.8% | 66 | BREAKOUT | – | +87.4% | – | +24.0% |
| EUREKAFORB | ₹374.80 | 37.9 | 6.6% | 9.0% | 83.1% | -35.2% | 69 | BOUNCE FROM SUPPORT | +17.8% | +30.0% | +15.1% | +26.9% |
| SFL | ₹592.90 | 25.8 | 6.0% | 10.0% | -7.1% | -16.1% | 50 | APPROACHING SUPPORT | – | -24.6% | – | +1.3% |
Data from TradeAlone · Updated daily
