Business description: Voltas Limited

Voltas Limited is an air conditioning and engineering solutions provider and a project specialist. Its segments include Unitary Cooling Products, Electro-Mechanical Projects and Services, and Engineering Products and Services. Unitary Cooling Products segment includes room air conditioners, air coolers, commercial refrigeration products, and commercial air conditioning. Electro-Mechanical Projects and Services include mechanical, electrical & plumbing, such as electricals, heating, ventilation and air conditioning, plumbing, firefighting, extra low voltage and specialized services, water solutions comprise water treatment solutions for industrial, domestic sewage segments, and electrical and solar includes engineering, procurement and construction relating to projects of rural electrification and distribution, power augmentation and separation, and others. The Engineering Products and Services segment includes textile machinery and mining and construction equipment.

Number of employees: 1,964

Sales by Activity: Voltas Limited

Fiscal Period: March 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR) 2026 (INR)

Unitary Cooling Products

48.82B 64.74B 81.6B 106B 95.01B

Electro - Mechanical Projects and Services

24.7B 24.03B 36.83B 41.57B 40.53B

Engineering Products and Services

4.89B 5.22B 5.88B 5.69B 5.99B

Unallocated Other Operating Income

934M 994M 738M 923M 1.22B

Inter Segment Revenue

- - -241M -195M -296M

Geographical breakdown of sales: Voltas Limited

Fiscal Period: March 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR) 2026 (INR)

India

64.6B 80.86B 108B 133B 123B

Middle East

12.56B 11.71B 14.72B 18.79B 16.92B

Africa

- 1.13B 1.11B 879M 1.03B

Others

1.17B 178M 382M 283M 222M

Singapore

85.3M 118M - - -

Executive Committee: Voltas Limited

Manager TitleAgeSince
Chief Executive Officer 64 2025-08-31
Director of Finance/CFO - 2025-03-30
Chief Tech/Sci/R&D Officer - 2026-06-14
Compliance Officer - 2024-08-14
Investor Relations Contact - -

Composition of the Board of Directors: Voltas Limited

Director TitleAgeSince
Chairman 69 2017-08-31
Director/Board Member 69 2012-02-13
Director/Board Member 72 2017-06-07
Director/Board Member 57 2021-01-20
Director/Board Member 64 2023-07-09
Director/Board Member 68 2024-01-29
Director/Board Member - 2024-08-29
Director/Board Member 55 2024-08-29
Director/Board Member 61 2025-03-06
Director/Board Member 58 2026-05-13

Shareholders: Voltas Limited

NameStocks%Valuation
Tata Sons Pvt Ltd.
27.22 %
90,057,730 27.22 % 1 006 M ₹
National Pension System Trust
5.493 %
18,176,899 5.493 % 203 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt)
5.374 %
17,782,276 5.374 % 199 M ₹
SBI Life Insurance Co. Ltd. (Investment Portfolio)
5.192 %
17,180,735 5.192 % 192 M ₹
3.011 %
9,962,330 3.011 % 111 M ₹

Holdings: Voltas Limited

NameStocks%Valuation
579,6725.43% 102 M $
237,2890.02% 2 M $
200,4400.08% 1 M $

Company details: Voltas Limited

Voltas Ltd.

Voltas House

400033, Mumbai

+91 22 6665 6666

http://www.voltas.com
address Voltas Limited(VOLTAS)

Group companies: Voltas Limited

NameCategory and Sector
Wholesale Distributors

Heating, Ventilation & Air Conditioning Systems

Change 5-day change 1-year change 3-year change Capi.($)
-0.15%-5.23%-34.14%+13.33% 3.3B
+0.93%+1.33%+6.85%+115.41% 225B
+0.17%-10.87%-38.31%+33.66% 166B
+2.44%-1.08%-6.61%+68.92% 149B
+1.59%-5.00%-1.16%+89.22% 144B
-4.00%-4.88%+54.46%+423.49% 124B
+2.28%-2.15%+6.85%+142.77% 100B
+0.07%+0.72%+21.87%+82.51% 90.2B
+2.46%-0.49%+30.60%+201.70% 89.35B
+2.99%-4.37%+17.56%+233.56% 88.98B
Average +0.91%-3.96%+5.80%+140.46% 117.99B
Weighted average by Cap. +0.93%-3.94%+6.47%+142.26%
Trader
Investor
Global
Quality
ESG MSCI
AA
MarketScreener Ratings - Voltas Limited
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
34
Last Close Price
947.60INR
Average target price
1,314.91INR
Spread / Average Target
+38.76%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Voltas Limited
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