Company Voltas Limited

Equities

VOLTAS

INE226A01021

Electrical Components & Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Voltas Limited

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Heating, Ventilation & Air Conditioning Systems

Market Closed - NSE India S.E. Other stock markets 07:40:31 2024-04-24 am EDT			5-day change	1st Jan Change
1,414 ^INR	+1.33%		+9.48%	+44.54%

Apr. 15	Voltas Limited Receives Order from the Office of the Deputy Commissioner of State Tax, Mumbai, Maharashtra	CI
Apr. 15	India consumer firms gear up to cash in on a sizzling summer	RE

Voltas Limited is an India-based air conditioning and engineering solutions provider and a projects specialist. The Company's segments include Unitary Cooling Products, Electro - Mechanical Projects and Services, and Engineering Products and Services. Unitary Cooling Products segment includes manufacturing, selling and after sales services of cooling appliances and cold storage products, and facilities maintenance and hard services, such as operations and maintenance contracts in various sectors, retrofits and energy management, among others. Electro - Mechanical Projects and Services segment includes electro-mechanical projects, such as electricals, heating, ventilation and air conditioning, plumbing, extra low voltage and specialized services, and water solutions, such as comprises water treatment solutions for industrial, oil and gas and domestic sewage segments, among others. Engineering Products and Services segment includes textile machinery and mining and construction equipment.

Number of employees: 1,689

INR in Million	2022	Weight	2023	Weight	Delta
Unitary Cooling Products for Comfort and Commercial Use 68.2 %	48,819	61.5 %	64,745	68.2 %	+32.62%
Electro-mechanical Projects and Services 25.3 %	4,887	6.2 %	24,029	25.3 %	+391.73%
Engineering Products and Services 5.5 %	24,705	31.1 %	5,220	5.5 %	-78.87%
Other Operating Income 1.0 %	934	1.2 %	994	1.0 %	+6.45%

INR in Million	2022	Weight	2023	Weight	Delta
India 86.0 %	64,599	82.4 %	80,857	86.0 %	+25.17%
Middle East 12.5 %	12,558	16.0 %	11,713	12.5 %	-6.73%
Africa 1.2 %	-	-	1,127	1.2 %	-
Others 0.2 %	1,169	1.5 %	178	0.2 %	-84.74%
Singapore 0.1 %	85	0.1 %	118	0.1 %	+38.22%

Managers	Title	Age	Since
Pradeep Kumar Bakshi CEO	Chief Executive Officer	62	01-11-22
Jitender Pal Verma DFI	Director of Finance/CFO	59	21-07-18
Varun Prakash Malhotra CMP	Compliance Officer	59	88-07-17
Manish J. Desai IRC	Investor Relations Contact	-	12-04-01
Manish Khodidas Desai PRN	Corporate Officer/Principal	51	-
Rakesh Tripathi PRN	Corporate Officer/Principal	54	-
Dinesh Singh PRN	Corporate Officer/Principal	-	15-08-29
Narendren Nair HRO	Human Resources Officer	54	14-12-31

Members of the board	Title	Age	Since
Zubin Soli Dubash BRD	Director/Board Member	64	19-08-08
Noel Naval Tata CHM	Chairman	66	03-01-26
Vinayak Kashinath Deshpande BRD	Director/Board Member	66	12-02-13
Pradeep Kumar Bakshi CEO	Chief Executive Officer	62	01-11-22
Debendranath L. Sarangi BRD	Director/Board Member	71	12-12-31
C. P. Mukundan Menon BRD	Director/Board Member	-	23-07-09
Bahram Navroz Vakil BRD	Director/Board Member	65	14-08-31
Anjali Bansal BRD	Director/Board Member	53	15-02-28
Arun Adhikari Kumar BRD	Director/Board Member	70	17-06-07
Saurabh Mahesh Agrawal BRD	Director/Board Member	54	21-01-20

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	330,766,040	227,682,237 ( 68.83 %)	0	68.83 %

Name	Equities	%	Valuation
Tata Sons Pvt Ltd. 27.22 %	90,057,730	27.22 %	1 192 M ₹
Life Insurance Corporation of India (Investment Portfolio) 10.25 %	33,903,563	10.25 %	449 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt) 3.830 %	12,672,281	3.830 %	168 M ₹
Aditya Birla Sun Life Amc Ltd. (Investment Management) 3.508 %	11,605,876	3.508 %	154 M ₹
TATA INVESTMENT CORPORATION LIMITED 3.011 %	9,962,330	3.011 %	132 M ₹
SBI Funds Management Ltd. 2.904 %	9,610,249	2.904 %	127 M ₹
UTI Asset Management Co. Ltd. (Investment Management) 2.655 %	8,783,843	2.655 %	116 M ₹
Kotak Mahindra Asset Management Co. Ltd. 2.574 %	8,517,092	2.574 %	113 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt) 2.284 %	7,557,540	2.284 %	100 M ₹
HDFC Life Insurance Co. Ltd. (Investment Portfolio) 1.661 %	5,495,476	1.661 %	73 M ₹

Name	Equities	%	Valuation
LAKSHMI MACHINE WORKS LIMITED 5.43%	579,672	5.43%	105,396,015 $
TATA CONSUMER PRODUCTS LIMITED 0.02%	228,501	0.02%	3,001,109 $
TATA CHEMICALS LIMITED 0.08%	200,440	0.08%	2,596,991 $

Voltas Ltd.

Voltas House Dr. Babasaheb Ambedkar Road

400033, Mumbai

+91 22 6665 6251

http://www.voltas.com

Name	Category and Sector
Rohini Industrial Electricals Ltd. Rohini Industrial Electricals Ltd. Wholesale DistributorsDistribution Services Rohini Industrial Electricals Ltd. was founded in 1983. The private company is based in Mumbai, India. The Indian company supplies and installs turn-key electrical products.	Wholesale Distributors

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1,396 INR

Average target price

1,164 INR

Spread / Average Target

-16.63%

Consensus

Estimates Revisions

Company calendar

Industrials

Industrial Goods

Machinery, Equipment & Components

Electrical Components & Equipment

Heating, Ventilation & Air Conditioning Systems

	1st Jan change	Capi.
VOLTAS LIMITED	+44.54%	5.54B
TRANE TECHNOLOGIES PLC	+23.62%	67.01B
CARRIER GLOBAL CORPORATION	-3.17%	49.63B
JOHNSON CONTROLS INTERNATIONAL PLC	+13.25%	44.41B
DAIKIN INDUSTRIES, LTD.	-11.81%	37.73B
LENNOX INTERNATIONAL INC.	+8.81%	16.96B
WATSCO, INC.	+3.94%	15.26B
A. O. SMITH CORPORATION	+6.99%	12.93B
NIBE INDUSTRIER AB	-27.82%	9.52B
AAON, INC.	+23.63%	7.27B

Heating, Ventilation & Air Conditioning Systems