Share Price and Basic Stock Data
Last Updated: October 28, 2025, 7:37 pm
| PEG Ratio | 14.23 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Voltas Ltd, a prominent player in the consumer electronics industry, reported a market capitalization of ₹47,239 Cr with a share price of ₹1,428. The company has shown significant revenue growth, with sales standing at ₹9,499 Cr for the fiscal year ending March 2023, rising to ₹12,481 Cr in March 2024. For the trailing twelve months (TTM), sales were recorded at ₹14,430 Cr, indicating an upward trajectory. Quarterly sales figures also highlight this trend, with the latest quarter ending June 2024 achieving ₹4,921 Cr, up from ₹2,957 Cr in March 2023. However, the company faced fluctuations, with a decline to ₹2,293 Cr in September 2023, showcasing the volatility often seen in consumer electronics. Overall, the revenue growth reflects Voltas’s ability to capture market demand, though it must manage the inherent seasonality of its business.
Profitability and Efficiency Metrics
Voltas’s profitability metrics exhibit a mixed performance. The operating profit margin (OPM) recorded a low of 2% in December 2022, but it rose to 8% in June 2024, demonstrating an improving operational efficiency. The net profit for the fiscal year ending March 2023 was ₹136 Cr, which increased to ₹248 Cr in March 2024, reflecting strong profit recovery. However, the company reported a net profit of ₹640 Cr for the TTM, showing a significant improvement compared to previous years. The return on equity (ROE) was reported at 13.5%, while the return on capital employed (ROCE) stood at 17.6%, both indicating a reasonable efficiency in generating returns for shareholders. Despite these positive trends, the fluctuating OPM and occasional losses, such as the ₹110 Cr net loss in December 2022, pose challenges for sustained profitability.
Balance Sheet Strength and Financial Ratios
Voltas’s balance sheet reflects stability, with total assets amounting to ₹13,108 Cr as of March 2025. The company’s reserves have grown to ₹6,480 Cr, up from ₹5,419 Cr in March 2023, indicating a solid capital foundation. Borrowings stood at ₹892 Cr, which is manageable given the overall equity structure. The debt-to-equity ratio is relatively low at 0.13, showcasing prudent financial leverage. Key financial ratios also support the company’s stability; the interest coverage ratio (ICR) is robust at 23.19x, indicating that Voltas can comfortably meet its interest obligations. The price-to-book value (P/BV) ratio of 7.41x suggests that the stock is trading at a premium compared to its book value, reflecting investor confidence. However, the high P/E ratio of 73.0 indicates that the stock may be overvalued relative to its earnings, which could pose a risk if growth expectations are not met.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Voltas reflects a balanced distribution among different investor classes. Promoters hold a consistent 30.30% stake, providing stability in management and strategic direction. Institutional investors, including Foreign Institutional Investors (FIIs) at 21.16% and Domestic Institutional Investors (DIIs) at 33.15%, show strong confidence in the company’s prospects. The public shareholding stands at 15.17%, with a total of 3,21,348 shareholders, indicating a broad base of retail participation. The institutional ownership has seen fluctuations, with FIIs decreasing from 24.37% in September 2022 to 21.16% by March 2025, while DIIs increased their stake over the same period. This suggests a shift in investor sentiment, potentially influenced by the company’s performance and market conditions. Overall, the diverse shareholding structure is a positive indicator of investor confidence in Voltas’s long-term viability.
Outlook, Risks, and Final Insight
Looking ahead, Voltas faces both opportunities and challenges. The company must leverage its growth trajectory in revenue and profitability while addressing the inherent risks of fluctuating demand in the consumer electronics market. Key strengths include a strong balance sheet, improving operational efficiency, and a diverse shareholding structure that supports long-term stability. Conversely, risks include potential market volatility, high valuations reflected in the P/E ratio, and the impact of economic conditions on consumer spending. The management’s ability to navigate these challenges will be critical. If Voltas can sustain its growth momentum and enhance profitability, it stands to strengthen its position in the competitive landscape. However, failure to manage operational costs or market fluctuations could hinder its performance. Overall, the company appears well-positioned but must remain vigilant in its strategic execution.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Voltas Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Misquita Engineering Ltd | 50.9 Cr. | 108 | 152/78.1 | 231 | 30.4 | 0.00 % | 1.86 % | 1.92 % | 10.0 |
| IKIO Lighting Ltd | 1,614 Cr. | 209 | 304/165 | 78.2 | 72.5 | 0.00 % | 8.22 % | 5.55 % | 10.0 |
| Epack Durable Ltd | 3,253 Cr. | 338 | 674/316 | 59.6 | 99.2 | 0.00 % | 9.70 % | 5.98 % | 10.0 |
| Elin Electronics Ltd | 1,059 Cr. | 213 | 239/108 | 32.3 | 108 | 0.00 % | 6.97 % | 4.38 % | 5.00 |
| CWD Ltd | 677 Cr. | 1,580 | 1,765/590 | 270 | 154 | 0.00 % | 9.51 % | 5.78 % | 10.0 |
| Industry Average | 17,628.44 Cr | 1,394.29 | 73.73 | 128.78 | 0.18% | 14.89% | 11.51% | 6.44 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,768 | 1,768 | 2,006 | 2,957 | 3,360 | 2,293 | 2,626 | 4,203 | 4,921 | 2,619 | 3,105 | 4,768 | 3,939 |
| Expenses | 2,622 | 1,696 | 1,962 | 2,767 | 3,206 | 2,256 | 2,633 | 4,051 | 4,527 | 2,489 | 2,940 | 4,467 | 3,786 |
| Operating Profit | 146 | 72 | 44 | 190 | 154 | 37 | -8 | 152 | 394 | 130 | 165 | 301 | 153 |
| OPM % | 5% | 4% | 2% | 6% | 5% | 2% | -0% | 4% | 8% | 5% | 5% | 6% | 4% |
| Other Income | 27 | -42 | -107 | 47 | 70 | 71 | 58 | 54 | 80 | 105 | 59 | 80 | 82 |
| Interest | 4 | 7 | 6 | 12 | 10 | 11 | 14 | 21 | 10 | 14 | 16 | 23 | 14 |
| Depreciation | 8 | 10 | 11 | 10 | 11 | 12 | 13 | 12 | 13 | 16 | 18 | 14 | 18 |
| Profit before tax | 160 | 13 | -80 | 214 | 203 | 85 | 24 | 174 | 452 | 205 | 191 | 343 | 203 |
| Tax % | 32% | 145% | 37% | 33% | 36% | 58% | 216% | 36% | 26% | 35% | 31% | 31% | 31% |
| Net Profit | 110 | -6 | -110 | 143 | 129 | 36 | -28 | 111 | 335 | 133 | 131 | 236 | 141 |
| EPS in Rs | 3.29 | -0.22 | -3.34 | 4.35 | 3.91 | 1.11 | -0.92 | 3.52 | 10.10 | 4.05 | 3.99 | 7.28 | 4.24 |
Last Updated: August 20, 2025, 1:15 am
Below is a detailed analysis of the quarterly data for Voltas Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 3,939.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4,768.00 Cr. (Mar 2025) to 3,939.00 Cr., marking a decrease of 829.00 Cr..
- For Expenses, as of Jun 2025, the value is 3,786.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4,467.00 Cr. (Mar 2025) to 3,786.00 Cr., marking a decrease of 681.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 153.00 Cr.. The value appears to be declining and may need further review. It has decreased from 301.00 Cr. (Mar 2025) to 153.00 Cr., marking a decrease of 148.00 Cr..
- For OPM %, as of Jun 2025, the value is 4.00%. The value appears to be declining and may need further review. It has decreased from 6.00% (Mar 2025) to 4.00%, marking a decrease of 2.00%.
- For Other Income, as of Jun 2025, the value is 82.00 Cr.. The value appears strong and on an upward trend. It has increased from 80.00 Cr. (Mar 2025) to 82.00 Cr., marking an increase of 2.00 Cr..
- For Interest, as of Jun 2025, the value is 14.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 23.00 Cr. (Mar 2025) to 14.00 Cr., marking a decrease of 9.00 Cr..
- For Depreciation, as of Jun 2025, the value is 18.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 14.00 Cr. (Mar 2025) to 18.00 Cr., marking an increase of 4.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 203.00 Cr.. The value appears to be declining and may need further review. It has decreased from 343.00 Cr. (Mar 2025) to 203.00 Cr., marking a decrease of 140.00 Cr..
- For Tax %, as of Jun 2025, the value is 31.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 31.00%.
- For Net Profit, as of Jun 2025, the value is 141.00 Cr.. The value appears to be declining and may need further review. It has decreased from 236.00 Cr. (Mar 2025) to 141.00 Cr., marking a decrease of 95.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 4.24. The value appears to be declining and may need further review. It has decreased from 7.28 (Mar 2025) to 4.24, marking a decrease of 3.04.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: September 18, 2025, 3:16 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,266 | 5,183 | 5,720 | 6,033 | 6,404 | 7,124 | 7,658 | 7,556 | 7,934 | 9,499 | 12,481 | 15,413 | 14,430 |
| Expenses | 5,000 | 4,773 | 5,376 | 5,484 | 5,742 | 6,564 | 7,040 | 6,975 | 7,362 | 9,045 | 12,145 | 14,423 | 13,682 |
| Operating Profit | 266 | 411 | 344 | 549 | 663 | 560 | 618 | 580 | 572 | 454 | 336 | 990 | 748 |
| OPM % | 5% | 8% | 6% | 9% | 10% | 8% | 8% | 8% | 7% | 5% | 3% | 6% | 5% |
| Other Income | 121 | 154 | 261 | 212 | 178 | 174 | 179 | 189 | 188 | -77 | 253 | 324 | 326 |
| Interest | 23 | 23 | 16 | 16 | 12 | 33 | 21 | 26 | 26 | 30 | 56 | 62 | 66 |
| Depreciation | 25 | 28 | 26 | 24 | 24 | 24 | 32 | 34 | 37 | 40 | 48 | 62 | 67 |
| Profit before tax | 340 | 514 | 563 | 720 | 805 | 677 | 744 | 709 | 697 | 307 | 486 | 1,191 | 942 |
| Tax % | 28% | 25% | 30% | 28% | 28% | 24% | 30% | 25% | 27% | 56% | 49% | 30% | |
| Net Profit | 246 | 388 | 393 | 520 | 578 | 514 | 521 | 529 | 506 | 136 | 248 | 834 | 640 |
| EPS in Rs | 7.42 | 11.62 | 11.70 | 15.64 | 17.30 | 15.35 | 15.63 | 15.87 | 15.23 | 4.08 | 7.62 | 25.43 | 19.56 |
| Dividend Payout % | 25% | 19% | 22% | 22% | 23% | 26% | 26% | 32% | 36% | 104% | 72% | 28% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 57.72% | 1.29% | 32.32% | 11.15% | -11.07% | 1.36% | 1.54% | -4.35% | -73.12% | 82.35% | 236.29% |
| Change in YoY Net Profit Growth (%) | 0.00% | -56.43% | 31.03% | -21.16% | -22.23% | 12.43% | 0.17% | -5.88% | -68.77% | 155.48% | 153.94% |
Voltas Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 15% |
| 3 Years: | 25% |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 9% |
| 3 Years: | 18% |
| TTM: | 42% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 17% |
| 3 Years: | 12% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 9% |
| 3 Years: | 8% |
| Last Year: | 13% |
Last Updated: September 5, 2025, 1:51 pm
Balance Sheet
Last Updated: July 25, 2025, 2:04 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 |
| Reserves | 1,786 | 2,069 | 2,778 | 3,274 | 3,872 | 4,077 | 4,247 | 4,960 | 5,466 | 5,419 | 5,787 | 6,480 |
| Borrowings | 264 | 122 | 271 | 171 | 142 | 315 | 219 | 261 | 361 | 651 | 744 | 892 |
| Other Liabilities | 2,660 | 2,662 | 2,788 | 2,991 | 3,249 | 3,091 | 3,657 | 3,402 | 3,874 | 4,171 | 5,430 | 5,702 |
| Total Liabilities | 4,744 | 4,886 | 5,869 | 6,469 | 7,296 | 7,515 | 8,156 | 8,655 | 9,734 | 10,274 | 11,994 | 13,108 |
| Fixed Assets | 288 | 269 | 276 | 300 | 297 | 343 | 380 | 388 | 384 | 525 | 548 | 973 |
| CWIP | 2 | 4 | 1 | 1 | 4 | 16 | 26 | 9 | 59 | 98 | 368 | 82 |
| Investments | 732 | 1,094 | 1,975 | 2,268 | 2,754 | 2,386 | 2,343 | 3,046 | 3,615 | 3,109 | 3,508 | 3,243 |
| Other Assets | 3,721 | 3,519 | 3,617 | 3,901 | 4,242 | 4,771 | 5,406 | 5,212 | 5,676 | 6,542 | 7,571 | 8,809 |
| Total Assets | 4,744 | 4,886 | 5,869 | 6,469 | 7,296 | 7,515 | 8,156 | 8,655 | 9,734 | 10,274 | 11,994 | 13,108 |
Below is a detailed analysis of the balance sheet data for Voltas Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 33.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 33.00 Cr..
- For Reserves, as of Mar 2025, the value is 6,480.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,787.00 Cr. (Mar 2024) to 6,480.00 Cr., marking an increase of 693.00 Cr..
- For Borrowings, as of Mar 2025, the value is 892.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 744.00 Cr. (Mar 2024) to 892.00 Cr., marking an increase of 148.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 5,702.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5,430.00 Cr. (Mar 2024) to 5,702.00 Cr., marking an increase of 272.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 13,108.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11,994.00 Cr. (Mar 2024) to 13,108.00 Cr., marking an increase of 1,114.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 973.00 Cr.. The value appears strong and on an upward trend. It has increased from 548.00 Cr. (Mar 2024) to 973.00 Cr., marking an increase of 425.00 Cr..
- For CWIP, as of Mar 2025, the value is 82.00 Cr.. The value appears to be declining and may need further review. It has decreased from 368.00 Cr. (Mar 2024) to 82.00 Cr., marking a decrease of 286.00 Cr..
- For Investments, as of Mar 2025, the value is 3,243.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3,508.00 Cr. (Mar 2024) to 3,243.00 Cr., marking a decrease of 265.00 Cr..
- For Other Assets, as of Mar 2025, the value is 8,809.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,571.00 Cr. (Mar 2024) to 8,809.00 Cr., marking an increase of 1,238.00 Cr..
- For Total Assets, as of Mar 2025, the value is 13,108.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,994.00 Cr. (Mar 2024) to 13,108.00 Cr., marking an increase of 1,114.00 Cr..
Notably, the Reserves (6,480.00 Cr.) exceed the Borrowings (892.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 2.00 | 289.00 | 73.00 | 378.00 | 521.00 | 245.00 | 399.00 | 319.00 | 211.00 | -197.00 | -408.00 | 98.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 93 | 94 | 87 | 88 | 89 | 92 | 87 | 87 | 97 | 84 | 70 | 59 |
| Inventory Days | 85 | 88 | 65 | 78 | 65 | 76 | 97 | 84 | 103 | 79 | 79 | 83 |
| Days Payable | 154 | 156 | 156 | 172 | 174 | 165 | 177 | 161 | 182 | 149 | 140 | 119 |
| Cash Conversion Cycle | 24 | 26 | -4 | -6 | -19 | 3 | 7 | 9 | 18 | 14 | 9 | 24 |
| Working Capital Days | 25 | 27 | 21 | 25 | 32 | 41 | 49 | 47 | 38 | 31 | 18 | 43 |
| ROCE % | 17% | 22% | 19% | 22% | 22% | 17% | 18% | 15% | 13% | 10% | 9% | 18% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Kotak Emerging Equity Fund - Regular Plan | 4,776,936 | 1.43 | 703.26 | 4,776,936 | 2025-04-22 17:25:15 | 0% |
| Nippon India Growth Fund | 4,600,000 | 2.2 | 677.21 | 4,600,000 | 2025-04-22 17:25:15 | 0% |
| SBI Magnum Midcap Fund | 4,000,000 | 2.9 | 588.88 | 4,000,000 | 2025-04-22 17:25:15 | 0% |
| SBI Large & Midcap Fund | 3,800,000 | 2.18 | 559.44 | 3,800,000 | 2025-04-22 17:25:15 | 0% |
| Motilal Oswal Midcap Fund | 3,000,000 | 3.5 | 441.66 | 3,000,000 | 2025-04-22 17:25:15 | 0% |
| Nippon India Multi Cap Fund | 3,000,000 | 1.26 | 441.66 | 3,000,000 | 2025-04-22 17:25:15 | 0% |
| Nippon India Small Cap Fund | 2,503,080 | 0.65 | 368.5 | 2,503,080 | 2025-04-22 17:25:15 | 0% |
| DSP Mid Cap Fund | 2,482,559 | 1.91 | 365.48 | 2,482,559 | 2025-04-22 17:25:15 | 0% |
| Axis Midcap Fund | 2,435,295 | 1.19 | 358.52 | 2,435,295 | 2025-04-22 17:25:15 | 0% |
| Kotak Equity Opportunities Fund - Regular Plan | 2,000,000 | 1.22 | 294.44 | 2,000,000 | 2025-04-22 17:25:15 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 25.43 | 7.62 | 4.08 | 15.23 | 15.87 |
| Diluted EPS (Rs.) | 25.43 | 7.62 | 4.08 | 15.23 | 15.87 |
| Cash EPS (Rs.) | 30.90 | 13.13 | 8.96 | 19.76 | 18.85 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 196.89 | 176.97 | 166.07 | 167.40 | 152.04 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 196.89 | 176.97 | 166.07 | 167.40 | 152.04 |
| Revenue From Operations / Share (Rs.) | 465.92 | 377.30 | 287.15 | 239.86 | 228.41 |
| PBDIT / Share (Rs.) | 43.55 | 22.00 | 22.39 | 26.32 | 25.10 |
| PBIT / Share (Rs.) | 41.68 | 20.56 | 21.20 | 25.20 | 24.07 |
| PBT / Share (Rs.) | 39.81 | 18.88 | 12.93 | 24.41 | 23.28 |
| Net Profit / Share (Rs.) | 29.03 | 11.69 | 7.77 | 18.63 | 17.83 |
| NP After MI And SOA / Share (Rs.) | 25.43 | 7.62 | 4.08 | 15.24 | 15.87 |
| PBDIT Margin (%) | 9.34 | 5.83 | 7.79 | 10.97 | 10.98 |
| PBIT Margin (%) | 8.94 | 5.45 | 7.38 | 10.50 | 10.53 |
| PBT Margin (%) | 8.54 | 5.00 | 4.50 | 10.17 | 10.19 |
| Net Profit Margin (%) | 6.23 | 3.09 | 2.70 | 7.76 | 7.80 |
| NP After MI And SOA Margin (%) | 5.45 | 2.01 | 1.42 | 6.35 | 6.95 |
| Return on Networth / Equity (%) | 12.91 | 4.32 | 2.47 | 9.16 | 10.51 |
| Return on Capital Employeed (%) | 19.31 | 10.83 | 12.38 | 14.64 | 15.45 |
| Return On Assets (%) | 6.39 | 2.09 | 1.31 | 5.17 | 6.06 |
| Long Term Debt / Equity (X) | 0.05 | 0.03 | 0.00 | 0.00 | 0.00 |
| Total Debt / Equity (X) | 0.13 | 0.12 | 0.11 | 0.06 | 0.05 |
| Asset Turnover Ratio (%) | 1.22 | 1.12 | 0.77 | 0.79 | 0.79 |
| Current Ratio (X) | 1.48 | 1.34 | 1.40 | 1.45 | 1.48 |
| Quick Ratio (X) | 1.02 | 0.97 | 1.05 | 1.04 | 1.12 |
| Inventory Turnover Ratio (X) | 3.35 | 3.64 | 2.25 | 2.39 | 1.91 |
| Dividend Payout Ratio (NP) (%) | 21.63 | 55.80 | 134.79 | 32.94 | 25.20 |
| Dividend Payout Ratio (CP) (%) | 20.15 | 46.94 | 104.21 | 30.67 | 23.67 |
| Earning Retention Ratio (%) | 78.37 | 44.20 | -34.79 | 67.06 | 74.80 |
| Cash Earning Retention Ratio (%) | 79.85 | 53.06 | -4.21 | 69.33 | 76.33 |
| Interest Coverage Ratio (X) | 23.19 | 13.03 | 25.04 | 33.66 | 31.75 |
| Interest Coverage Ratio (Post Tax) (X) | 16.46 | 7.92 | 17.92 | 24.82 | 23.55 |
| Enterprise Value (Cr.) | 48459.29 | 36400.13 | 27016.95 | 40977.66 | 32969.91 |
| EV / Net Operating Revenue (X) | 3.14 | 2.92 | 2.84 | 5.16 | 4.36 |
| EV / EBITDA (X) | 33.64 | 50.01 | 36.47 | 47.06 | 39.71 |
| MarketCap / Net Operating Revenue (X) | 3.13 | 2.92 | 2.85 | 5.19 | 4.39 |
| Retention Ratios (%) | 78.36 | 44.19 | -34.79 | 67.05 | 74.79 |
| Price / BV (X) | 7.41 | 6.27 | 4.96 | 7.49 | 6.64 |
| Price / Net Operating Revenue (X) | 3.13 | 2.92 | 2.85 | 5.19 | 4.39 |
| EarningsYield | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 |
After reviewing the key financial ratios for Voltas Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 25.43. This value is within the healthy range. It has increased from 7.62 (Mar 24) to 25.43, marking an increase of 17.81.
- For Diluted EPS (Rs.), as of Mar 25, the value is 25.43. This value is within the healthy range. It has increased from 7.62 (Mar 24) to 25.43, marking an increase of 17.81.
- For Cash EPS (Rs.), as of Mar 25, the value is 30.90. This value is within the healthy range. It has increased from 13.13 (Mar 24) to 30.90, marking an increase of 17.77.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 196.89. It has increased from 176.97 (Mar 24) to 196.89, marking an increase of 19.92.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 196.89. It has increased from 176.97 (Mar 24) to 196.89, marking an increase of 19.92.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 465.92. It has increased from 377.30 (Mar 24) to 465.92, marking an increase of 88.62.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 43.55. This value is within the healthy range. It has increased from 22.00 (Mar 24) to 43.55, marking an increase of 21.55.
- For PBIT / Share (Rs.), as of Mar 25, the value is 41.68. This value is within the healthy range. It has increased from 20.56 (Mar 24) to 41.68, marking an increase of 21.12.
- For PBT / Share (Rs.), as of Mar 25, the value is 39.81. This value is within the healthy range. It has increased from 18.88 (Mar 24) to 39.81, marking an increase of 20.93.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 29.03. This value is within the healthy range. It has increased from 11.69 (Mar 24) to 29.03, marking an increase of 17.34.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 25.43. This value is within the healthy range. It has increased from 7.62 (Mar 24) to 25.43, marking an increase of 17.81.
- For PBDIT Margin (%), as of Mar 25, the value is 9.34. This value is below the healthy minimum of 10. It has increased from 5.83 (Mar 24) to 9.34, marking an increase of 3.51.
- For PBIT Margin (%), as of Mar 25, the value is 8.94. This value is below the healthy minimum of 10. It has increased from 5.45 (Mar 24) to 8.94, marking an increase of 3.49.
- For PBT Margin (%), as of Mar 25, the value is 8.54. This value is below the healthy minimum of 10. It has increased from 5.00 (Mar 24) to 8.54, marking an increase of 3.54.
- For Net Profit Margin (%), as of Mar 25, the value is 6.23. This value is within the healthy range. It has increased from 3.09 (Mar 24) to 6.23, marking an increase of 3.14.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 5.45. This value is below the healthy minimum of 8. It has increased from 2.01 (Mar 24) to 5.45, marking an increase of 3.44.
- For Return on Networth / Equity (%), as of Mar 25, the value is 12.91. This value is below the healthy minimum of 15. It has increased from 4.32 (Mar 24) to 12.91, marking an increase of 8.59.
- For Return on Capital Employeed (%), as of Mar 25, the value is 19.31. This value is within the healthy range. It has increased from 10.83 (Mar 24) to 19.31, marking an increase of 8.48.
- For Return On Assets (%), as of Mar 25, the value is 6.39. This value is within the healthy range. It has increased from 2.09 (Mar 24) to 6.39, marking an increase of 4.30.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.05. This value is below the healthy minimum of 0.2. It has increased from 0.03 (Mar 24) to 0.05, marking an increase of 0.02.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.13. This value is within the healthy range. It has increased from 0.12 (Mar 24) to 0.13, marking an increase of 0.01.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.22. It has increased from 1.12 (Mar 24) to 1.22, marking an increase of 0.10.
- For Current Ratio (X), as of Mar 25, the value is 1.48. This value is below the healthy minimum of 1.5. It has increased from 1.34 (Mar 24) to 1.48, marking an increase of 0.14.
- For Quick Ratio (X), as of Mar 25, the value is 1.02. This value is within the healthy range. It has increased from 0.97 (Mar 24) to 1.02, marking an increase of 0.05.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 3.35. This value is below the healthy minimum of 4. It has decreased from 3.64 (Mar 24) to 3.35, marking a decrease of 0.29.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 21.63. This value is within the healthy range. It has decreased from 55.80 (Mar 24) to 21.63, marking a decrease of 34.17.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 20.15. This value is within the healthy range. It has decreased from 46.94 (Mar 24) to 20.15, marking a decrease of 26.79.
- For Earning Retention Ratio (%), as of Mar 25, the value is 78.37. This value exceeds the healthy maximum of 70. It has increased from 44.20 (Mar 24) to 78.37, marking an increase of 34.17.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 79.85. This value exceeds the healthy maximum of 70. It has increased from 53.06 (Mar 24) to 79.85, marking an increase of 26.79.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 23.19. This value is within the healthy range. It has increased from 13.03 (Mar 24) to 23.19, marking an increase of 10.16.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 16.46. This value is within the healthy range. It has increased from 7.92 (Mar 24) to 16.46, marking an increase of 8.54.
- For Enterprise Value (Cr.), as of Mar 25, the value is 48,459.29. It has increased from 36,400.13 (Mar 24) to 48,459.29, marking an increase of 12,059.16.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.14. This value exceeds the healthy maximum of 3. It has increased from 2.92 (Mar 24) to 3.14, marking an increase of 0.22.
- For EV / EBITDA (X), as of Mar 25, the value is 33.64. This value exceeds the healthy maximum of 15. It has decreased from 50.01 (Mar 24) to 33.64, marking a decrease of 16.37.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 3.13. This value exceeds the healthy maximum of 3. It has increased from 2.92 (Mar 24) to 3.13, marking an increase of 0.21.
- For Retention Ratios (%), as of Mar 25, the value is 78.36. This value exceeds the healthy maximum of 70. It has increased from 44.19 (Mar 24) to 78.36, marking an increase of 34.17.
- For Price / BV (X), as of Mar 25, the value is 7.41. This value exceeds the healthy maximum of 3. It has increased from 6.27 (Mar 24) to 7.41, marking an increase of 1.14.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 3.13. This value exceeds the healthy maximum of 3. It has increased from 2.92 (Mar 24) to 3.13, marking an increase of 0.21.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Voltas Ltd:
- Net Profit Margin: 6.23%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 19.31% (Industry Average ROCE: 14.89%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 12.91% (Industry Average ROE: 11.51%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 16.46
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.02
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 73 (Industry average Stock P/E: 73.73)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.13
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 6.23%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Consumer Electronics | Voltas House `A', Dr. Babasaheb Ambedkar Road, Mumbai Maharashtra 400033 | shareservices@voltas.com http://www.voltas.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Noel N Tata | Chairman |
| Mr. Pradeep Bakshi | Managing Director & CEO |
| Mr. Vinayak Deshpande | Director |
| Mr. Aditya Sehgal | Director |
| Mr. Saurabh Mahesh Agrawal | Director |
| Mr. Pheroz Naswanjee Pudumjee | Director |
| Ms. Sonia Singh | Director |
| Mr. Arun Kumar Adhikari | Director |
| Mr. Jayesh Tulsidas Merchant | Director |
| Mr. Mukundan C P Menon | Director |
FAQ
What is the intrinsic value of Voltas Ltd?
Voltas Ltd's intrinsic value (as of 28 October 2025) is 1560.76 which is 9.30% higher the current market price of 1,428.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 47,308 Cr. market cap, FY2025-2026 high/low of 1,860/1,135, reserves of ₹6,480 Cr, and liabilities of 13,108 Cr.
What is the Market Cap of Voltas Ltd?
The Market Cap of Voltas Ltd is 47,308 Cr..
What is the current Stock Price of Voltas Ltd as on 28 October 2025?
The current stock price of Voltas Ltd as on 28 October 2025 is 1,428.
What is the High / Low of Voltas Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Voltas Ltd stocks is 1,860/1,135.
What is the Stock P/E of Voltas Ltd?
The Stock P/E of Voltas Ltd is 73.0.
What is the Book Value of Voltas Ltd?
The Book Value of Voltas Ltd is 197.
What is the Dividend Yield of Voltas Ltd?
The Dividend Yield of Voltas Ltd is 0.49 %.
What is the ROCE of Voltas Ltd?
The ROCE of Voltas Ltd is 17.6 %.
What is the ROE of Voltas Ltd?
The ROE of Voltas Ltd is 13.5 %.
What is the Face Value of Voltas Ltd?
The Face Value of Voltas Ltd is 1.00.