Voltas Ltd
Voltas Ltd (VOLTAS) last reported results for the quarter ended Jun 2026, with sales of ₹4,674 crore and net profit of ₹213 crore. The stock last traded at ₹1,034, a market capitalisation of ₹34,222 crore, on a P/E of 73.3. Over the past 52 weeks the stock has ranged between ₹1,024 and ₹1,582. Figures are as of 9 Oct 2026 and are not real time.
Voltas Ltd share price and key metrics
- Current price
- ₹1,034
- Market cap
- ₹34,222 cr
- Stock P/E
- 73.3
- Book value
- ₹193
- ROE
- 6.10%
- ROCE
- 9.04%
- Dividend yield
- 0.39%
- 52w high / low
- 1582/1024
Metrics as of 9 Oct 2026. Not real time.
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Voltas Ltd growth and returns
- 10 Years
- 10%
- 5 Years
- 14%
- 3 Years
- 14%
- TTM
- 4%
- 10 Years
- 2%
- 5 Years
- -6%
- 3 Years
- 17%
- TTM
- -28%
- 10 Years
- 10%
- 5 Years
- -4%
- 3 Years
- 7%
- 1 Year
- -25%
- 10 Years
- 10%
- 5 Years
- 8%
- 3 Years
- 8%
- Last Year
- 6%
Voltas Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹4,674 cr, up 18.7% from ₹3,939 cr a year earlier. Net profit was ₹213 cr, up 51.1% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 2,619 | 3,105 | 4,768 | 3,939 | 2,347 | 3,071 | 4,888 | 4,674 |
| Expenses | 2,489 | 2,940 | 4,467 | 3,786 | 2,313 | 2,926 | 4,703 | 4,445 |
| Operating profit | 130 | 165 | 301 | 153 | 34 | 145 | 185 | 228 |
| OPM % | 5.0% | 5% | 6% | 3.9% | 1.4% | 4.7% | 3.8% | 4.9% |
| Other income | 105 | 59 | 80 | 82 | 65 | 22 | 43 | 91 |
| Interest | 14 | 16 | 23 | 14 | 20 | 31 | 22 | 13 |
| Depreciation | 16 | 18 | 14 | 18 | 24 | 21 | 21 | 21 |
| Profit before tax | 205 | 191 | 343 | 203 | 54 | 116 | 184 | 285 |
| Tax % | 35% | 31% | 31% | 31% | 42% | 27% | 39% | 25% |
| Net profit | 133 | 131 | 236 | 141 | 32 | 84 | 113 | 213 |
| EPS (₹) | 4.05 | 3.99 | 7.28 | 4.24 | 1.04 | 2.57 | 3.51 | 6.46 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Voltas Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6,033 | 6,404 | 7,124 | 7,658 | 7,556 | 7,934 | 9,499 | 12,481 | 15,413 | 14,244 | 14,979 |
| Operating profit | 549 | 663 | 560 | 618 | 580 | 572 | 454 | 336 | 990 | 516 | 592 |
| OPM % | 9% | 10% | 8% | 8% | 8% | 7% | 4.8% | 2.7% | 6% | 3.6% | 4.0% |
| Net profit | 520 | 578 | 514 | 521 | 529 | 506 | 136 | 248 | 834 | 370 | 442 |
| EPS (₹) | 15.64 | 17.30 | 15.35 | 15.63 | 15.87 | 15.23 | 4.08 | 7.62 | 25.43 | 11.36 | 13.58 |
TTM is the trailing twelve months to the most recent quarter.
Voltas Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 |
| Reserves | 3,274 | 3,872 | 4,077 | 4,247 | 4,960 | 5,466 | 5,419 | 5,787 | 6,480 | 6,343 |
| Borrowings | 171 | 142 | 315 | 219 | 261 | 361 | 651 | 744 | 892 | 992 |
| Other liabilities | 2,991 | 3,249 | 3,091 | 3,657 | 3,402 | 3,874 | 4,171 | 5,430 | 5,702 | 7,127 |
| Total liabilities | 6,469 | 7,296 | 7,515 | 8,156 | 8,655 | 9,734 | 10,274 | 11,994 | 13,108 | 14,496 |
| Fixed assets | 300 | 297 | 343 | 380 | 388 | 384 | 525 | 548 | 973 | 1,080 |
| CWIP | 1 | 4 | 16 | 26 | 9 | 59 | 98 | 368 | 82 | 22 |
| Investments | 2,268 | 2,754 | 2,386 | 2,343 | 3,046 | 3,615 | 3,109 | 3,508 | 3,243 | 2,762 |
| Other assets | 3,901 | 4,242 | 4,771 | 5,406 | 5,212 | 5,676 | 6,542 | 7,571 | 8,809 | 10,632 |
| Total assets | 6,469 | 7,296 | 7,515 | 8,156 | 8,655 | 9,734 | 10,274 | 11,994 | 13,108 | 14,496 |
As reported by the company. Total assets equal total liabilities by construction.
Voltas Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 428 | 325 | -321 | 462 | 556 | 584 | 159 | 762 | -225 | 71 |
| Cash from investing | -73 | -199 | 393 | -210 | -256 | -365 | -82 | -522 | 158 | 297 |
| Cash from financing | -211 | -181 | -18 | -294 | -122 | -107 | 55 | -116 | -100 | -262 |
| Net cash flow | 143 | -55 | 53 | -42 | 179 | 113 | 133 | 123 | -166 | 105 |
| Free cash flow | 405 | 292 | -402 | 379 | 537 | 537 | -18 | 473 | -416 | -58 |
| CFO / operating profit | 111% | 87% | -9% | 108% | 108% | 140% | 72% | 289% | 9% | 55% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Voltas Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 22% | 22% | 17% | 18% | 15% | 13% | 10% | 9% | 18% | 9% |
| Debtor days | 88 | 89 | 92 | 87 | 87 | 97 | 84 | 70 | 53 | 78 |
| Inventory days | 78 | 65 | 76 | 97 | 84 | 103 | 79 | 79 | 83 | 113 |
| Days payable | 172 | 174 | 165 | 177 | 161 | 182 | 149 | 140 | 119 | 172 |
| Cash conversion cycle | -6 | -19 | 3 | 7 | 9 | 18 | 14 | 9 | 17 | 19 |
| Working capital days | 25 | 32 | 41 | 49 | 47 | 38 | 31 | 18 | 43 | 44 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Voltas Ltd shareholding pattern
Promoters held 30.30% at Jun 2026, broadly unchanged since Jun 2025. FIIs 16.94% and DIIs 38.93%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 30.30% | 30.30% | 30.30% | 30.30% | 30.30% | 30.30% | 30.30% | 30.30% |
| FIIs | 18.09% | 21.31% | 21.95% | 21.16% | 20.26% | 18.41% | 18.44% | 16.94% |
| DIIs | 37.25% | 34.39% | 32.99% | 33.15% | 35.62% | 37.74% | 38.28% | 38.93% |
| Government | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.14% | 0.11% | 0.11% |
| Public | 14.16% | 13.78% | 14.53% | 15.17% | 13.61% | 13.40% | 12.86% | 13.72% |
| No. of shareholders | 2,35,015 | 2,39,130 | 2,85,642 | 3,21,348 | 2,84,355 | 2,68,704 | 2,60,008 | 2,71,399 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Voltas Ltd corporate filings
- Closure of Trading WindowInsider Trading / SASTlow impact
Cruxal's analysis: Please find enclosed intimation on Trading Window Closure.
Read the full analysis - Voltas Ltd receives Show Cause Notice under SEBI Listing RegulationsCompany Updatelow impact
Cruxal's analysis: Voltas Ltd has filed an intimation regarding the receipt of a Show Cause Notice (SCN) in…
Read the full analysis - Voltas Ltd publishes newspaper advertisement regarding statutory disclosuresCompany Updatelow impact
Cruxal's analysis: Voltas Ltd has released copies of newspaper advertisements as part of its routine…
Read the full analysis - Voltas Ltd schedules institutional investor and analyst meetings for September 22, 2026Company Updatelow impact
Cruxal's analysis: Voltas Ltd has announced a schedule for one group institutional analyst meet and two…
Read the full analysis - Voltas Ltd provides update on pending material litigation under SEBI Regulation 30Company Updatelow impact
Cruxal's analysis: Voltas Ltd has filed a routine disclosure regarding the status of pending material…
Read the full analysis - Voltas Q1 FY27 Earnings Call: Strong Revenue Growth and Strategic Compressor JV with AtombergCompany Updatehigh impact
Cruxal's analysis: Voltas Limited reported a strong Q1 FY27 performance with consolidated income of 4,765…
Read the full analysis - Voltas Ltd releases audio recording of Q1FY27 earnings conference callCompany Updatelow impact
Cruxal's analysis: Voltas Ltd has made the audio recording of its Q1FY27 earnings conference call, held on…
Read the full analysis - Voltas Reports Strong Q1 FY27 Results with 18% Revenue Growth and 51% Net Profit SurgeCompany Updatehigh impact
Cruxal's analysis: Voltas Limited delivered a robust performance for the quarter ended 30 June 2026…
Read the full analysis - Voltas Ltd releases press statement following Q1 FY26 earnings announcementCompany Updatelow impact
Cruxal's analysis: Voltas Ltd has filed a press release following its earnings announcement for the quarter…
Read the full analysis - Voltas Ltd releases press statement following Q1 FY26 earnings announcementCompany Updatelow impact
Cruxal's analysis: Voltas Ltd has issued a press release following its financial results for the quarter…
Read the full analysis - Voltas Limited Announces Strategic Joint Venture with Atomberg Innovation for Indigenous Room AC Compressor ManufacturingCompany Updatehigh impact
Cruxal's analysis: Voltas Limited has entered into a binding term sheet with Atomberg Innovation Private…
Read the full analysis - Voltas Q1 FY27 Results: Consolidated PAT Rises to 213 Crore on Strong Unitary Cooling PerformanceResulthigh impact
Cruxal's analysis: Voltas Limited reported a strong Q1 FY27 performance with consolidated total income of…
Read the full analysis - Voltas Ltd announces analyst and institutional investor meetingCompany Updatelow impact
Cruxal's analysis: Voltas Ltd has issued a formal intimation regarding a scheduled meeting with analysts and…
Read the full analysis - Voltas Limited schedules Board Meeting for June 2026 quarterly financial resultsBoard Meetinglow impact
Cruxal's analysis: Voltas Limited has formally notified the stock exchanges that a meeting of its Board of…
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