| Announced on | Meeting on |
| Apr 25, 2024 | May 07, 2024 |
| Audited Results & Dividend | |
| Jan 16, 2024 | Jan 30, 2024 |
| Quarterly Results | |
| Oct 09, 2023 | Oct 19, 2023 |
| Quarterly Results | |
| Aug 01, 2023 | Aug 11, 2023 |
| Quarterly Results | |
| Apr 17, 2023 | Apr 26, 2023 |
| Audited Results & Final Dividend | |
Voltas Share Price
NSE
- Open1,445.95
- High1,456.00
- Low1,417.20
- Prev Close1,444.25
- Volume6,45,115
- VWAP(₹)1,436.03
Voltas share price insights
Rank 206 - ET 5002023 ranking
Intraday fact check
In the last 19 years, only 2.96 % trading sessions saw intraday declines higher than 5 % .Quarterly Topline Performance
Company witnessed QoQ revenue growth of 58.64%, which is highest in the last 3 years. (Source: Consolidated Financials)Sell Signal: Bears back on track
20 day moving crossover appeared yesterday. Average price decline of -2.58% within 7 days of this signal in last 5 years.Stock Returns vs Nifty 100
Stock gave a 3 year return of 38.07% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)Voltas Share Price Update
Voltas Ltd. share price moved down by -1.81% from its previous close of Rs 1,444.25. Voltas Ltd. stock last traded price is 1,418.25
Share Price Value Today/Current/Last 1,418.25 Previous Day 1,444.25
Voltas Share Price Returns
| 1 Day | -1.81% |
| 1 Month | 4.31% |
| 3 Months | 19.14% |
| 1 Year | 86.67% |
| 3 Years | 39.88% |
| 5 Years | 116.31% |
Key Metrics
| PE Ratio(x) | 186.57 |
| EPS - TTM(₹) | 7.62 |
| MCap(₹ Cr.) | 47,266.89 |
| MCap Rank | 5 |
| PB Ratio(x) | 8.16 |
| Div Yield(%) | 0.39 |
| Face Value(₹) | 1.00 |
| 52W High(₹) | 1,560.00 |
| 52W Low(₹) | 745.00 |
| MCap/Sales | 2.92 |
| Beta(1 Month) | 0.97 |
| BV/Share(₹) | 176.93 |
Voltas Share Recommendations
Mean recosCurrent
HOLD
34 Analysts
Strong
SellSellHoldBuyStrong
Buy
SellSellHoldBuyStrong
Buy
Analyst Trends
| Ratings | Current | 1W Ago | 1M Ago | 3M Ago |
|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 |
| Buy | 9 | 9 | 9 | 8 |
| Hold | 12 | 12 | 12 | 12 |
| Sell | 6 | 5 | 5 | 6 |
| Strong Sell | 2 | 3 | 3 | 3 |
| # Analysts | 34 | 34 | 34 | 34 |
Recent Recos
- Target₹1770
- OrganizationJM Financial
- BUY
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Voltas Financials
Consolidated
Mar 2024 Dec 2023 Sep 2023 Jun 2023 Mar 2023 Total Income 4,257.30 2,683.61 2,363.73 3,429.83 3,003.46 Total Income Growth (%) 58.64 13.53 -31.08 14.20 47.50 Total Expenses 4,024.11 2,610.14 2,234.16 3,185.77 2,749.01 Total Expenses Growth (%) 54.17 16.83 -29.87 15.89 32.31 EBIT 233.19 73.47 129.57 244.06 254.45 EBIT Growth (%) 217.39 -43.30 -46.91 -4.08 - Profit after Tax (PAT) 116.44 -30.41 36.68 129.29 143.92 PAT Growth (%) - -182.91 -71.63 -10.17 - EBIT Margin (%) 5.48 2.74 5.48 7.12 8.47 Net Profit Margin (%) 2.74 -1.13 1.55 3.77 4.79 Basic EPS (₹) 3.52 -0.92 1.11 3.91 4.35 All figures in Rs Cr, unless mentioned otherwise
InsightsQuarterly Topline Performance
Company witnessed QoQ revenue growth of 58.64%, which is highest in the last 3 years. (Source: Consolidated Financials)Beating 3 Yr Revenue CAGR
Company's annual revenue growth of 31.73% outperformed its 3 year CAGR of 17.83%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Total Assets 12,035.72 10,279.01 9,746.33 8,655.48 8,156.06 Total Assets Growth (%) 17.09 5.47 12.60 6.12 8.43 Total Liabilities 6,181.51 4,785.29 4,208.69 3,626.03 3,839.36 Total Liabilities Growth (%) 29.18 13.70 16.07 -5.56 13.68 Total Equity 5,854.21 5,493.72 5,537.64 5,029.45 4,316.70 Total Equity Growth (%) 6.56 -0.79 10.10 16.51 4.15 Current Ratio (x) 1.34 1.40 1.45 1.48 1.49 Total Debt to Equity (x) 0.12 0.11 0.06 0.05 0.05 Contingent Liabilities 836.94 782.02 705.14 691.83 2,766.08 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities 761.51 159.38 584.23 556.11 462.45 Net Cash used in Investing Activities -522.36 -81.60 -364.63 -255.91 -210.49 Net Cash flow from Financing Activities -116.32 55.05 -107.04 -121.51 -293.66 Net Cash Flow 122.83 132.83 112.56 178.69 -41.70 Closing Cash & Cash Equivalent 816.19 693.36 560.53 447.97 269.28 Closing Cash & Cash Equivalent Growth (%) 17.72 23.70 25.13 66.36 -13.41 Total Debt/ CFO (x) 0.94 3.86 0.59 0.45 0.47 All figures in Rs Cr, unless mentioned otherwise
InsightsConservative Profit Recognition
Over last 5 years, operating cash flow has been continuously rising as compared to company's net profit. (Source: Consolidated Financials)Increase in Cash from Investing
Company has used Rs 522.36 cr for investing activities which is an YoY increase of 540.15%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) 4.32 2.47 9.16 10.51 12.08 Return on Capital Employed (%) 10.83 12.38 14.64 15.45 20.00 Return on Assets (%) 2.09 1.31 5.17 6.06 6.34 Interest Coverage Ratio (x) 13.03 25.04 33.66 31.75 41.96 Asset Turnover Ratio (x) 1.12 0.78 0.79 0.79 93.89 Price to Earnings (x) 144.93 204.08 81.97 63.29 30.67 Price to Book (x) 6.27 4.96 7.49 6.64 3.70 EV/EBITDA (x) 50.01 36.47 47.06 39.71 17.21 EBITDA Margin (%) 5.83 7.79 10.97 10.98 11.97
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Peer Comparison
NAME 1D 1W 1M 3M 1Y 3Y 5Y Voltas Stock Performance -1.41 4.73 11.59 31.60 83.05 36.14 130.72 Blue Star Stock Performance -0.55 2.38 16.32 21.91 121.37 289.97 299.62 Amber Enterprises Stock Performance -0.52 24.07 15.18 22.35 114.06 60.06 443.20 JohnsonCtrls Hitachi Stock Performance 0.66 11.76 70.71 80.34 93.29 -8.94 10.79 All values in %
Insights
Stock Returns vs Nifty 100
Stock gave a 3 year return of 38.07% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)Stock Returns vs BSE Consumer Durables
Stock generated 38.07% return as compared to BSE Consumer Durables which gave investors 62.1% return over 3 year time period. (as of last trading session)
Mutual Funds Ownership
MF Ownership as on 31 May 2024
649.52
Amount Invested (in Cr.)
1.44%
% of AUM
0.00
% Change (MoM basis)
596.80
Amount Invested (in Cr.)
2.14%
% of AUM
0.00
% Change (MoM basis)
543.88
Amount Invested (in Cr.)
2.96%
% of AUM
33.84
% Change (MoM basis)
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Voltas Futures & Options
Date Price Open Interest 25-07-2024Current
50.70-12.80 (-20.16%)
4,8004,200 (87.50%)
63.55Open63.75High49.20Low63.50Close63Contracts Traded943.56Turnover (₹ Lakhs)Open Interest as of 01 Jul 2024
Date Price Open Interest 25-07-2024Current
1,429.00-23.10 (-1.59%)
80,51,400-251,400 (-3.12%)
1,451.75Open1,465.00High1,427.65Low1,452.10Prev Close2,152Contracts Traded31,139.54Turnover (₹ Lakhs)Open Interest as of 01 Jul 2024
Corporate Actions
Final
550%
May 07, 2024
Board Meeting
Audited Results & Dividend
Apr 25, 2024
Board Meeting
Quarterly Results
Jan 16, 2024
Announced on Ex-Date Dividend% May 07, 2024 Jun 25, 2024 550% Apr 26, 2023 Jun 09, 2023 425% May 05, 2022 Jun 09, 2022 550% May 12, 2021 Aug 11, 2021 500% May 29, 2020 Aug 05, 2020 400% Announced on Ex-Date Jan 30, 1989 Dec 12, 1989 Bonus Ratio: 1 share(s) for every 2 shares held Aug 23, 1981 - Bonus Ratio: 1 share(s) for every 4 shares held Aug 23, 1970 - Bonus Ratio: 1 share(s) for every 5 shares held - Bonus Ratio: 1 share(s) for every 5 shares held Announced on Ex-Date May 11, 2006 Sep 22, 2006 Split: Old FV10.0| New FV:1.0 Jan 03, 1996 - Split: Old FV100.0| New FV:10.0 Announced on Ex-Date Sep 30, 1992 Jan 17, 1992 Rights ratio: 1 share for every 2 held at a price of Rs 10.0 Announced on Meeting on Aug 22, 2023 Sep 23, 2023 - Apr 28, 2023 Jun 22, 2023 Book closure from 10 Jun, 2023 to 22 Jun, 2023 May 11, 2022 Jun 24, 2022 Book closure from 11 Jun, 2022 to 24 Jun, 2022 May 20, 2021 Aug 27, 2021 Book closure from 13 Aug, 2021 to 27 Aug, 2021 Jul 01, 2020 Aug 21, 2020 Book closure from 7 Aug, 2020 to 21 Aug, 2020
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About
Voltas Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 47,788.03 Crore) operating in Consumer Durables sector.
Voltas Ltd. key Products/Revenue Segments include Electrical Goods, Sale of services, Contract Revenue, Other Operating Revenue and Scrap for the year ending 31-Mar-2024.
For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 4,257.30 Crore, up 58.64 % from last quarter Total Income of Rs 2,683.61 Crore and up 41.75 % from last year same quarter Total Income of Rs 3,003.46 Crore. Company has reported net profit after tax of Rs 148.96 Crore in latest quarter.
The company’s top management includes Mr.Noel N Tata, Mr.Noel N Tata, Mr.Pradeep Bakshi, Mr.Pradeep Bakshi, Ms.Anjali Bansal, Ms.Anjali Bansal, Mr.Arun Kumar Adhikari, Mr.Arun Kumar Adhikari, Mr.Bahram N Vakil, Mr.Bahram N Vakil, Mr.Debendranath Sarangi, Mr.Debendranath Sarangi, Mr.Jayesh Tulsidas Merchant, Mr.Jayesh Tulsidas Merchant, Mr.Mukundan Menon, Mr.Mukundan Menon, Mr.Saurabh Agrawal, Mr.Saurabh Agrawal, Mr.Vinayak Deshpande, Mr.Vinayak Deshpande, Mr.Zubin S Dubash, Mr.Zubin S Dubash, Mr.Jitender P Verma, Mr.Jitender P Verma, Mr.V P Malhotra, Mr.V P Malhotra. Company has S R B C & Co. LLP as its auditors. As on 31-03-2024, the company has a total of 33.09 Crore shares outstanding.
About Voltas
Voltas Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 47,788.03 Crore) operating in Consumer Durables sector. Voltas Ltd. key Products/Revenue Segments include Electrical Goods, Sale of services, Contract Revenue, Other Operating Revenue and Scrap for the year ending 31-Mar-2024.For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 4,257.30 Crore, up 58.64 % from last quarter Total Income of Rs 2,683.61 Crore and up 41.75 % from last year same quarter Total Income of Rs 3,003.46 Crore. Company has reported net profit after tax of Rs 148.96 Crore in latest quarter.The company’s top management includes Mr.Noel N Tata, Mr.Noel N Tata, Mr.Pradeep Bakshi, Mr.Pradeep Bakshi, Ms.Anjali Bansal, Ms.Anjali Bansal, Mr.Arun Kumar Adhikari, Mr.Arun Kumar Adhikari, Mr.Bahram N Vakil, Mr.Bahram N Vakil, Mr.Debendranath Sarangi, Mr.Debendranath Sarangi, Mr.Jayesh Tulsidas Merchant, Mr.Jayesh Tulsidas Merchant, Mr.Mukundan Menon, Mr.Mukundan Menon, Mr.Saurabh Agrawal, Mr.Saurabh Agrawal, Mr.Vinayak Deshpande, Mr.Vinayak Deshpande, Mr.Zubin S Dubash, Mr.Zubin S Dubash, Mr.Jitender P Verma, Mr.Jitender P Verma, Mr.V P Malhotra, Mr.V P Malhotra. Company has S R B C & Co. LLP as its auditors. As on 31-03-2024, the company has a total of 33.09 Crore shares outstanding.
Industry
Key Indices Listed On
Nifty Midcap 100, Nifty 200, Nifty 500, BSE 500, BSE MidCap
Address
Voltas House `A',Dr. Babasaheb Ambedkar Road,Mumbai, Maharashtra - 400033
Executive Leadership
NN
Noel N Tata
ChairmanNN
Noel N Tata
ChairmanPB
Pradeep Bakshi
Managing Director & CEOPB
Pradeep Bakshi
Managing Director & CEOShow More
Auditors
S R B C & Co. LLP
FAQs about Voltas share
- 1. What's Voltas share price today and what are Voltas share returns ?Voltas share price was Rs 1,418.25 as on 02 Jul, 2024, 01:05 PM IST. Voltas share price was down by 1.81% based on previous share price of Rs. 1472.2. In last 1 Month, Voltas share price moved up by 4.31%.
- 2. What is the market cap of Voltas?Voltas share has a market capitalization of Rs 47,266.89 Cr. Within Consumer Durables sector, it's market cap rank is 5.
- 3. What is the PE & PB ratio of Voltas?The PE ratio of Voltas stands at 189.64, while the PB ratio is 8.16.
- 4. How can I quickly analyze Voltas stock?Key Metrics for Voltas are:
- PE Ratio of Voltas is 186.57
- Price/Sales ratio of Voltas is 2.92
- Price to Book ratio of Voltas is 8.16
- 5. Who is the CEO of Voltas?Pradeep Bakshi is the Managing Director & CEO of Voltas
- 6. What is the recommendation for Voltas - Buy or Sell?As per Refinitiv (erstwhile Thomson Reuters), overall mean recommendation by 34 analysts for Voltas stock is to Hold. Recommendation breakup is as follows
- 5 analysts are recommending Strong Buy
- 9 analysts are recommending to Buy
- 12 analysts are recommending to Hold
- 5 analysts are recommending to Sell
- 3 analysts are recommending Strong Sell
- 7. Who's the owner of Voltas?Promoter,DII and FII owns 30.3, 36.9 and 17.18 shares of Voltas as on 31 Mar 2024
- There is no change in promoter holding from 31 Dec 2023 to 31 Mar 2024
- Domestic Institutional Investors holding has gone up from 36.9 (31 Dec 2023) to 40.22 (31 Mar 2024)
- Foreign Institutional Investors holding have gone down from 17.18 (31 Dec 2023) to 14.7 (31 Mar 2024)
- Other investor holding have gone down from 15.62 (31 Dec 2023) to 14.78 (31 Mar 2024)
- 8. Who's the chairman of Voltas?Noel N Tata is the Chairman of Voltas
- 9. What is the CAGR of Voltas?The CAGR of Voltas is 13.37.
- 10. What are the returns for Voltas share?Return Performance of Voltas Shares:
- 1 Week: Voltas share price moved down by 5.73%
- 1 Month: Voltas share price moved up by 4.31%
- 3 Month: Voltas share price moved up by 19.14%
- 6 Month: Voltas share price moved up by 42.94%
- 11. What is 52 week high/low of Voltas share price?52 Week high of Voltas share is Rs 1,560.00 while 52 week low is Rs 745.00
- 12. What are the Voltas quarterly results?Total Revenue and Earning for Voltas for the year ending 2024-03-31 was Rs 12734.47 Cr and Rs 252.00 Cr on Consolidated basis. Last Quarter 2024-03-31, Voltas reported an income of Rs 4257.30 Cr and profit of Rs 116.44 Cr.
- 13. Who are the peers for Voltas in Consumer Durables sector?Top 3 Peers for Voltas are Blue Star Ltd., Amber Enterprises India Ltd. and Johnson Controls-Hitachi Air Conditioning India Ltd.
- 14. What dividend is Voltas giving?Voltas Ltd. announced an equity dividend of 550% on a face value of 1.0 amounting to Rs 5.5 per share on 07 May 2024. The ex dividend date was 25 Jun 2024.
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