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Voltas share price & results

Voltas Limited· Consumer Durables· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Voltas (Tata Group): India's No.1 room-AC brand; also home appliances, HVAC/MEP projects, industrial gear.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue4,674 ₹ crore+18.7% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin4.9 %+1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit213 ₹ crore+51.1% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity7.25 %−7.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-0.41 %+2.3 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)3.80 %−31.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

3 of 8 judged targets kept · 5 open · verdicts reflect calls analysed to Q1 FY27.

Voltas Limited management guidance track record on Inve: 13 targets tracked across analysed earnings calls (3 achieved, 5 missed, 5 open).

TargetOriginal wordingSaidLatest callVerdict
UCP Market Sharemaintain our leadership position... hovering around 19%
Call transcript, Q4 FY25 · 8 May 2025		Q4 FY25Q1 FY27:Achieved 17.3% market share, widening lead to 4 percentage points. Leadership maintained, though share is below 19%.
Call transcript, Q1 FY27 · 14 Aug 2026		Achieved
UCP EBIT Marginhovering around 9%, 10% all along in the UCP category
Call transcript, Q4 FY25 · 8 May 2025		Q4 FY25Q1 FY27:Reported 5.3% EBIT margin. While an improvement from 3.2%, it remains a significant miss from the 9-10% target. Management has now guided for >7% over the next 8 quarters.
Call transcript, Q1 FY27 · 14 Aug 2026		Missed
Voltbek BreakevenBreakeven may get pushed over by a few quarters.
Call transcript, Q1 FY27 · 14 Aug 2026		Q1 FY27Q1 FY27:Management explicitly stated that Voltbek's breakeven timeline is delayed by a few quarters due to commodity price pressures.
Call transcript, Q1 FY27 · 14 Aug 2026		Delayed

Source: Inve Guidance Tracker for Voltas Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

5 of Voltas Limited's 13 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 10 more targets are in the full ledger.

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Price

₹947.6 −0.25% · −₹2.4

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −34.3% 1Y

₹1.0k₹1.2k₹1.4k₹1.6kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 14 Nov 2025Q3 FY26 — 29 Jan 2026Q4 FY26 — 14 May 2026Q1 FY27 — 14 Aug 2026

1Y: ₹1,441.4 on 24 Oct 2025 → ₹947.6. High ₹1,561.3 (27 Feb 2026), low ₹947.6 (26 Oct 2026).

Previous close
₹950
Market cap
₹31.4k Cr
52-week range
₹947.6 – ₹1,561.3
One year
−34.04%
Price to earnings (TTM to Jun 2026)
67.22×
Return on equity (TTM to Jun 2026)
7.25%

Overview

Symbol
NSE:VOLTAS
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Voltas Limited does

Based on the company's own presentations, annual report and earnings calls.

Voltas, established in 1954 and part of the Tata Group, is India's market-leading room air conditioner (RAC) manufacturer, also making commercial air conditioning and refrigeration equipment. It earns through three lines: cooling and home-appliance products sold via a nationwide dealer/retail network; execution of electro-mechanical (HVAC, MEP, water, solar) projects in India and the Middle East/GCC region; and sale/service of mining, construction and textile-spinning machinery. Its Voltbek subsidiary, a joint venture with Europe's Arçelik, makes washing machines and refrigerators for the Indian home-appliances market.

Segments

  • Unitary Cooling Products (UCP)
  • Electro-Mechanical Projects and Services (EMPS)
  • Engineering Products and Services
Manufacturing locations
Chennai, Pantnagar (2 units), Sanand and Waghodia (2 units)
Chennai RAC plant installed capacity
1.5 million units/year (India's largest integrated AC manufacturing facility)
Customer touchpoints
30,000+
Exclusive brand outlets
400+
International presence
40+ years, 25+ countries (Middle East, Africa, Southeast Asia, select Europe)
RAC market position
No. 1 (market leader, ahead of the No. 2 player)
Founded 1954Headquarters Voltas House 'A', Dr Babasaheb Ambedkar Road, Chinchpokli, Mumbai 400 033, India Company website

How the price took the results

close before → close after

Q1 FY27
+2.4%
14 Aug
Q4 FY26
+2.7%
14 May
Q3 FY26
−1.7%
29 Jan
Q2 FY26
+1.0%
14 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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