Voltas

    VOLTAS
    Consumer
    ₹1165.00
    price as of 11/9/2026, 5:45:30 pm

    Market cap ₹38,548 Cr

    P/E
    85.98
    Day range
    ₹1,138.00 – ₹1,169.00
    52-week range
    ₹1,131.40 – ₹1,582.50
    Volume
    7.62 L
    Open
    ₹1,149.00
    Prev close
    ₹1,158.50
    Promoters pledged 3.4% of their shares
    52-week range, adjusted for splits and bonuses
    ₹1,131.4₹1,582.5
    10 Sept 202627 Feb 2026
    Index membership & F&O
    NIFTY 200NIFTY 500NIFTY MIDCAP 150NIFTY CONSUMER DURABLESF&O lot 375

    Price history

    6M change -20.82%RSI (14) 37.2 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 46.4% today vs 41.5% average · BSE close ₹1,164.5

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹1,140₹1,235₹1,330₹1,425₹1,5200%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Neutral
    Near-month future
    ₹1,171.1
    Change
    +1.50%
    Basis over spot
    +₹6.10
    Futures OI (shares)
    1.13 Cr
    OI change
    -0.49%
    Put-call ratio
    0.68
    Max pain
    ₹1,200
    Resistance (call OI)
    ₹1,300
    Support (put OI)
    ₹1,140
    Lot size
    375

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    960102010601100114011801220126013001340138014201460152003.0 L6.0 L9.0 L12.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    85.0
    EPS (TTM)
    ₹13.57
    ROE (FY26)
    5.7%
    ROCE (latest year)
    9%
    Dividend yield
    0.35%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +14.5%
    Profit 3Y CAGR
    +39.6%
    Revenue YoY (Jun 2026)
    +18.7%
    Profit YoY (Jun 2026)
    +51.1%
    Operating margin
    4.9%
    Net margin
    4.6%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 2026-2.0K Cr0 Cr2.0K Cr4.0K Cr6.0K Cr-3%0%3%6%9%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • DII
    • Promoter
    • FII
    • Public
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-800 Cr-400 Cr0 Cr400 Cr800 Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%5%10%15%20%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr2.0K Cr4.0K Cr6.0K Cr8.0K Cr0.0x0.0x0.1x0.1x0.2x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales2,2932,6264,2034,9212,6193,1054,7683,9392,3473,0714,8884,674
    Expenses2,2562,6334,0514,5272,4892,9404,4673,7862,3132,9264,7034,445
    Operating Profit37-815239413016530115334145185228
    OPM %1.6%-0.3%3.6%8%5%5%6%3.9%1.4%4.7%3.8%4.9%
    Other Income7158548010559808265224391
    Interest111421101416231420312213
    Depreciation121312131618141824212121
    Profit before tax852417445220519134320354116184285
    Tax %58%216%36%26%35%31%31%31%42%27%39%25%
    Net Profit36-281113351331312361413284113213
    EPS in Rs₹1.11₹-0.92₹3.52₹10.10₹4.05₹3.99₹7.28₹4.24₹1.04₹2.57₹3.51₹6.46

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    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]

    Strengths

    • Company has been maintaining a healthy dividend payout of 45.0%

    Risks

    • Stock is trading at 6.05 times its book value
    • Company has a low return on equity of 8.03% over last 3 years.
    • Earnings include an other income of Rs.221 Cr.

    Compounded Sales Growth

    10 Years
    +10%
    5 Years
    +14%
    3 Years
    +14%
    TTM
    +4%

    Compounded Profit Growth

    10 Years
    +2%
    5 Years
    -6%
    3 Years
    +17%
    TTM
    -28%

    Stock Price CAGR

    10 Years
    +12%
    5 Years
    -1%
    3 Years
    +10%
    1 Year
    -17%

    Return on Equity

    10 Years
    +10%
    5 Years
    +8%
    3 Years
    +8%
    Last Year
    +6%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter30.30%30.30%30.30%30.30%0.00 pp
    FII20.26%18.41%18.44%16.94%-1.50 pp
    DII35.62%37.74%38.28%38.93%+0.65 pp
    Government0.21%0.14%0.11%0.11%0.00 pp
    Public13.61%13.40%12.86%13.72%+0.86 pp

    Filed with NSE for Jun 2026: promoters 30.30%, public 69.70% · XBRL filing

    Analysts & fund holdings

    42%
    42% recommend buy
    31 analysts cover the stock
    Valuation vs Household Durables
    P/E86.0 vs 27.6
    Sector P/B5.69
    Beta0.88

    Who holds the shares, quarter by quarter

    Mutual funds 15.58% (+0.88 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters30.3%
    • Foreign institutions16.9%
    • Mutual funds15.6%
    • Insurance16.3%
    • Other domestic institutions7.2%
    • Retail10.3%
    • Others3.5%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Nippon India Growth Mid Cap Fund2.02%1.58%-0.22 pp
    Kotak Mid Cap Fund1.69%1.00%-0.17 pp
    Nippon India Multi Cap Fund1.41%1.02%-0.10 pp
    DSP Midcap Fund1.18%2.36%-0.32 pp
    Nippon India Small Cap Fund0.73%0.36%-0.05 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Avg
    Profitability
    Avg
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹4.00

      Dividend - Rs 4 Per Share

      12 Jun 2026
      ex-date
    • dividend
      ₹7.00

      Dividend - Rs 7 Per Share

      20 Jun 2025
      ex-date
    • dividend
      ₹5.50

      Annual General Meeting/Dividend - Rs 5.50 Per Share

      25 Jun 2024
      ex-date
    • dividend
      ₹4.25

      Annual General Meeting/Dividend - Rs 4.25 Per Share

      9 Jun 2023
      ex-date
    • dividend
      ₹5.50

      Annual General Meeting/Dividend - Rs 5.50 Per Share

      9 Jun 2022
      ex-date
    • dividend
      ₹5.00

      Annual General Meeting/Dividend - Rs 5 Per Share

      11 Aug 2021
      ex-date
    • dividend
      ₹4.00

      Annual General Meeting/Dividend - Rs 4 Per Share

      5 Aug 2020
      ex-date
    • dividend
      ₹4.00

      Annual General Meeting/ Dividend - Rs 4 Per Share

      17 Jul 2019
      ex-date
    • dividend
      ₹4.00

      Annual General Meeting / Dividend- Rs 4 Per Share

      3 Aug 2018
      ex-date
    • dividend
      ₹3.50

      Annual General Meeting/Dividend - Rs 3.50 Per Share

      4 Aug 2017
      ex-date
    • dividend
      ₹2.60

      Annual General Meeting And Dividend Rs.2.60 Per Share

      5 Aug 2016
      ex-date
    • dividend
      ₹2.25

      Annual General Meeting/Dividend - Rs 2.25/- Per Share

      10 Jul 2015
      ex-date
    • dividend
      ₹1.60

      Annual General Meeting / Dividend - Rs 1.60/- Per Share & Special Diamond Jubilee Dividend - Re 0.25/- Per Share

      8 Aug 2014
      ex-date
    • dividend
      ₹1.60

      Annual General Meeting / Dividend - Rs 1.60/- Per Share

      2 Aug 2013
      ex-date
    • dividend
      ₹1.60

      Annual General Meeting And Dividend Rs.1.60 Per Share

      1 Aug 2012
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting And Dividend Rs.2/- Per Share

      22 Jul 2011
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting And Dividend Rs.2/- Per Share

      16 Jul 2010
      ex-date
    • other
      Not available — not reported in this filing

      Agm/Div-Rs.1.60 Per Share

      10 Jul 2009
      ex-date
    • dividend
      Not available — not reported in this filing

      Agm/Dividend-135%

      27 Jun 2008
      ex-date
    • dividend
      Not available — not reported in this filing

      Agm/Dividend-100%

      6 Jul 2007
      ex-date

    Company announcements

    Company Update
    Intimation - Update On A Pending Material Litigation As Required Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    Please find enclosed herewith update on Pending Material Litigation.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Please find enclosed herewith Transcript of Q1FY27 Earnings Conference Call.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Further to our letter dated 10th August, 2026 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Audio Recording of the Q1FY27 ....

    Company Update
    Announcement under Regulation 30 (LODR)-Investor Presentation

    Announcement under Regulation 30 (LODR)- Investor Presentation

    Board Meeting
    Board Meeting Outcome for Outcome Of Board Meeting Of Voltas Limited Held On 14Th August, 2026

    Outcome of Board Meeting of Voltas Limited Held on 14th August, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    Please find enclosed herewith Press Release.

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    Please find enclosed herewith Press Release.

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Joint Venture

    Please find enclosed herewith disclosure Regulation 30 (LODR).

    Result
    Unaudited Financial Results For The Quarter Ended 30Th June, 2026

    Please find enclosed herewith Results for quarter ended 30th June, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith details of the Analysts / Institutional Investors Meeting.

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Consideration Of Unaudited Financial Results For The Quarter Ended 30Th June, 2026.

    Voltas Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve Unaudited Financial Results for the ....

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Intimation under Regulation 30 of SEBI Listing Regulations - Change in Senior Management Personal

    Filed with BSE (scrip 500575); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 29 Jan 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.