V

Voltas Limited

VOLTASNSE
Market snapshot · 2026-08-11 12:44 UTC

1,280.00

+₹12.10 (+0.95%)

MARKET CAP

₹42.35K Cr

STOCK P/E

112.2x

52W HIGH

₹1,582.50

52W LOW

₹1,186.80

BOOK VALUE

₹192.70

EPS

₹11.41

ROE

5.72%

SECTOR

Consumer Discretionary

DEBT/EQUITY

15.51

VOLUME

5.30L

P/B RATIO

6.64x

PEG RATIO

-2.17

Sector

Consumer Discretionary

Themes

Home Electronics & AppliancesTata GroupAcData Center
D
Dividend
E
Earnings
₹1,556.41₹1,474.02₹1,391.63₹1,309.24₹1,226.85VolumeEEEDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for VOLTAS.

35.00 analysts

Price Forecast

Current
₹1,280
High Target
₹1,550
▲ +21.1%
Median Target
₹1,365
▲ +6.6%
Low Target
₹1,025
▼ -19.9%
Now₹1,280High ₹1,550Median ₹1,365Low ₹1,025Aug '25Now12M Target
Price history (1Y)
Analyst target range
35 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹1,048 - ₹1,55680%
6M₹964.05 - ₹1,68480%
12M₹854.99 - ₹1,88280%
Realized vol: +30.8% · Drift: +3.8%

Revenue Forecast

₹ Cr
Dec '25Current₹2,230.0
Sep 2026 ETrend estimate range
High₹1,414.6Base₹1,309.8Low₹1,205.1
Mar '25: ₹3,635.0 · Jun '25: ₹3,081.0 · Sep '25: ₹1,441.0 · Dec '25: ₹2,230.0 · Sep '26: ₹1,309.8 · Dec '26: ₹2,027.0
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E3,635.03,081.01,441.02,230.01,309.82,027.0
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Dec '25Current₹1.45
Sep 2026 ETrend estimate range
High₹0.17Base₹0.15Low₹0.14
Mar '25: ₹6.66 · Jun '25: ₹6.15 · Sep '25: ₹0.22 · Dec '25: ₹1.45 · Sep '26: ₹0.15 · Dec '26: ₹1.02
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E6.666.150.221.450.151.02
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
54%
Analyst Consensus
Weakening

From 35 analysts

Mean upside+4.5%

Fundamentals

Weakening

Fundamentals institutional score is 18 using EVA spread proxy -6.3%; growth durability 21.5.

Valuation

Fairly valued

Valuation institutional score is 60 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 42 using mean target upside 4.5%; dispersion penalty 15.7; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 72 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is skewing constructive on impact and recency. Based on 9 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. technical structure and market sentiment provide support, while fundamentals and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Fairly valuedAnalyst Consensus WeakeningTechnical Structure Strong TrendMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price1,337.6 target
Mean Upside+4.5%
Technical Score72%
Fundamental Score18%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 3.4% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -0.14). Confidence: 80%.

Live forward EPS implies next-12-month EPS of ₹33.62. Applying the stock's normalized valuation corridor produces a fair range of ₹3,618.18 to ₹4,241.16, with base value near ₹3,904.29 (+205.0% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹33.62

Forward P/E

38.1x

Base Fair Value

₹3,904.29

Fair Range

₹3,618.18 - ₹4,241.16

Upside To Base

+205.0%

Estimate Source

Live forward EPS

Growth Estimate

-51.8%

P/E
Strongly Undervalued

5Y Average

103.78

Current

112.18

Overvalued

126.15

Undervalued

107.62

EV/EBITDA
Fair

5Y Average

54.15

Current

58.54

Overvalued

61.79

Undervalued

42.95

P/S
Fair

5Y Average

2.75

Current

2.97

Overvalued

3.16

Undervalued

2.34

Peers & Comparison

Sector: Consumer Discretionary · Theme: Home Electronics & Appliances

Home Electronics & Appliances Peers8 peers
Avg P/E: 72.5x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
BLUE STAR LIMITED
BLUESTARCOHome Electronics & Appliances
+13.3%4.0%
60.6x
Undervalued
-16% vs avg
-13.6%
AMBER ENTERPRISES (I) LTD
AMBERHome Electronics & Appliances
+10.5%1.5%
140.5x
Premium
+94% vs avg
+3.7%
WHIRLPOOL OF INDIA LTD
WHIRLPOOLHome Electronics & Appliances
+12.1%3.0%
40.2x
Undervalued
-45% vs avg
-34.6%
DIXON TECHNO (INDIA) LTD
DIXONHome Electronics & Appliances
+21.1%3.6%
41.1x
Undervalued
-43% vs avg
-10.8%
LG ELECTRONICS INDIA LTD
LGEINDIAHome Electronics & Appliances
+8.1%6.8%
64.0x
Fair
-12% vs avg
-7.8%
CROMPT GREA CON ELEC LTD
CROMPTONHome Electronics & Appliances
+11.8%-2.7%
-22.0%
TRENT LTD
TRENTRetail - Apparel
+17.8%8.6%
88.5x
Premium
+22% vs avg
-43.6%
TATA MOTORS PASS VEH LTD
TMPVFour Wheelers
-11.8%24.3%
-46.9%
WHY THESE PEERS

VOLTAS LTD trades at a premium (113.2x vs peer avg 72.5x), implying higher growth or quality expectations from the Home Electronics & Appliances cohort. Peers include BLUE STAR LIMITED, AMBER ENTERPRISES (I) LTD, WHIRLPOOL OF INDIA LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹2.23K CrDec 2025

Latest net profit

₹65 CrDec 2025

Latest EPS

₹1.45Dec 2025

Net margin

2.3%Dec 2025

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26-3.0%0.0%3.0%6.0%9.0%-1.25K Cr0.00 Cr1.25K Cr2.50K Cr3.75K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr950 Cr1.90K Cr2.85K Cr3.80K Cr₹0₹2₹4₹6₹8
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestProfitbefore taxTax & otherNet Profit0.00 Cr600 Cr1.20K Cr1.80K Cr2.40K Cr

Latest reported period: Dec 2025

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
20212022202320242025-250 Cr0.00 Cr250 Cr500 Cr750 Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales2,2522,6991,3441,5883,0573,9201,7052,0353,6353,0811,4412,230
Expenses2,1192,5221,2701,5012,8733,6271,6211,9283,3932,9671,4532,160
Operating Profit12316763.9874.717428169.0890.622997.41-34.7350.68
OPM %5.48%6.18%4.76%4.71%5.68%7.17%4.05%4.45%6.3%3.16%-2.41%2.27%
Other Income48.4810671.9557.1964.7515099.2363.1188.6615255.4652.09
Interest6.983.425.046.475.953.496.917.4616.818.0213.1625.53
Depreciation9.4810.2610.5411.5410.4812.0215.0216.4912.6417.1323.0519.28
Profit before tax1652701311252324271611463012427.5777.24
Tax %25.39%20.73%22.07%22.4%23.78%20.61%32.6%25.92%27.29%15.84%185.73%15.91%
Net Profit12321410297.33177339109108219203-6.4964.95
EPS in Rs4.736.493.082.945.7510.253.293.276.666.150.221.45

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters30.30%30.30%30.30%30.30%30.30%
FII21.95%21.16%20.26%18.41%18.44%
DII33.20%33.36%35.83%37.88%38.39%
Public11.40%11.86%10.73%10.45%10.15%
Others3.15%3.32%2.88%2.96%2.72%
Mar 2026
Promoters
FII
DII
Public
Others

Events Timeline

Concall Transcript - FY2027

May 28, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 20, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 14, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 11, 2026PDFKnowledge Base Open

Recording for earnings call Feb 2026

Feb 01, 2026PDFKnowledge Base Open