1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Industrial machinery
Voltas Limited

Voltas Limited

989.10
INR
-9.30
(-0.93%)
13.34EPS
94.24P/E
422.74BMarket Cap
Nov 03Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
158.47
155.47
172.05
180.44
192.11
214.11
230.51
225.35
236.97
284.07
374.98
463.01
426.83
447.7
Basic EPS, GAAP
7.42
11.62
11.7
15.64
17.3
15.35
15.63
15.87
15.23
4.08
7.62
25.43
11.36
13.56
Free Cash Flow per Basic Share
8.93
9.39
6.62
12.94
9.83
-9.71
11.24
16.18
16.2
-0.62
14.16
-13.1
-1.87
- -
Dividend per Share
1.59
1.88
2.4
2.85
4.25
4.77
4.92
4.1
5.07
5.53
4.33
5.5
7.02
- -
Book Value per Share
54.98
76
84.96
99.93
118.02
124.21
129.36
150.91
166.21
164.77
175.91
196.84
192.7
- -
Tangible Book Value per Share
52.29
73.29
82.51
97.47
115.55
121.76
126.88
148.47
163.81
162.4
173.55
194.56
190.4
- -
Basic Weighted Avg Shares
331
331
331
331
331
331
331
331
331
331
331
331
331
331
Sales/Revenue/Turnover
52,437
51,443
56,930
59,706
63,568
70,846
76,272
74,566
78,411
93,994
124,074
153,205
141,230
148,340
Operating Margin (%)
4.65
7.53
7.2
9.31
10.21
8.46
8.58
8.36
8.23
3.09
3.44
6.98
4.27
4.36
Depreciation Expense
248
280
264
245
244
240
320
339
373
396
476
618
841
869
Net Income, GAAP
2,454
3,843
3,871
5,174
5,724
5,079
5,172
5,251
5,041
1,350
2,520
8,414
3,759
4,492
Effective Tax Rate (%)
27.69
24.84
30.14
27.82
28.2
24.14
30
25.44
27.43
55.65
48.93
29.94
33.59
30.9
Profit Margin (%)
4.68
7.47
6.8
8.67
9
7.17
6.78
7.04
6.43
1.44
2.03
5.49
2.66
3.03
Working Capital
12,296
11,140
11,760
9,475
13,264
23,619
18,646
16,853
18,233
18,270
19,683
28,724
27,752
- -
LT Debt
54
43
- -
- -
- -
- -
54
57
127
465
2,490
4,005
3,906
- -
Total Equity
18,331
25,345
28,378
33,351
39,370
41,447
43,167
50,295
55,376
54,937
58,542
65,403
63,991
- -
Return on Invested Capital (%)
10.01
14.28
11.02
12.49
12.63
11.07
9.96
10
8.83
2.29
3.79
12.08
5.75
- -
Return on Capital (%)
13.07
16.74
13.59
15.92
15.17
12.34
11.74
11.01
9.31
2.44
4.46
12.72
5.93
- -
Return on Common Equity (%)
14.24
17.74
14.54
16.92
15.87
12.67
12.33
11.33
9.61
2.47
4.47
13.64
5.83
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
6,019
- -
LT Borrowings
- -
3,758
- -
LT Finance Leases
- -
148
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
331
331
331
Market Capitalization
450,400
421,150
422,738

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
103,292
- -
Cash, Cash Equivalents & STI
- -
15,537
- -
Accounts Receivable, Net
- -
30,350
- -
Inventories
- -
34,329
- -
Total Current Liabilities
- -
75,540
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
6,019
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.69%
5.09%
-2.16%
Free Cash Flow
-306.08%
-552.31%
-85.75%
Net Income, GAAP
22.44%
37.59%
-55.33%
Sales/Revenue/Turnover
10.09%
14.54%
-7.82%
Total Cash Common Dividend
13.22%
13.09%
27.56%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
49,039
26,012
30,874
47,280
153,205
2026
39,123
23,144
30,528
48,435
141,230
2027
46,233
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
10.1
4.05
3.99
7.28
25.43
2026
4.25
1.03
2.57
3.51
11.36
2027
6.46
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
5.5
2026
- -
- -
- -
- -
7.02
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
C. P. Mukundan Menon
Full Time Employees
16,372
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Voltas House Mumbai MA India 400033
IPO Date
Nov 7, 1994
Website
voltas.com
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Business
Voltas Limited Voltas Limited (VOLTAS.NS), a Tata Group company headquartered in Mumbai, India, and founded in 1954, operates as India's largest air conditioning company by market share and a premier provider of engineering solutions and home appliances. The company manufactures, markets, and services a comprehensive portfolio of unitary cooling products including room air conditioners, commercial air conditioners, ducted ACs, VRF systems, chillers, air coolers, water coolers, water dispensers, and visi coolers; commercial refrigeration solutions such as cold rooms and medical refrigeration; and home appliances encompassing refrigerators, washing machines, dishwashers, microwaves, air purifiers, water heaters, and accessories under its own brands and the Voltas Beko joint venture with Turkey's Arçelik. It also delivers electro-mechanical projects, engineering services, HVAC systems, water management, textile machinery, and mining equipment primarily for infrastructure, government, public sector, defense, and international clients across India, the Middle East, Singapore, and other regions. In its engineering and projects segments, Voltas Limited executes turnkey solutions for large-scale domestic and international infrastructure including cooling installations in landmarks like the Burj Khalifa and Ferrari World, alongside domestic operations in manufacturing facilities at Pantnagar, Uttarakhand, and Waghodia, Gujarat. Recent developments include intensified product portfolio upgrades with enhanced features, distribution network expansion, manufacturing automation, and cost optimization to align with market demand; a leadership transition with Mukundan Menon assuming the role of Managing Director effective September 1, 2025; and a significant stake increase by Life Insurance Corporation of India to 7.089% through market purchases between September and November 2025, signaling institutional confidence.