Voltas logo

Voltas share price

NSE: VOLTASBSE: 500575Consumer DurablesMid Cap

Last close ₹950.00down ₹39.10 (3.95%)BSE ₹950.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹989.10.

52-week range of traded prices to 23 Oct 2026
₹939.20Low, 23 Oct 2026₹1,582.50High, 27 Feb 2026
Market cap
₹31,434 Cr204th largest listed
P/E
70.0
P/B
4.9
Dividend yield
0.42%
ROE
7.0%
ROCE
8.8%
Debt to equity
0.15
Volume, NSE
5,68,76838.3% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−33.6%over a year

Results20-session average 6,96,940 shares a day, 42.5% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 14 Aug

Revenue
₹4,674 Crdown 4.39%
Net profit
₹213 Crup 87.57%
Net margin
4.6%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2021, the company's revenue for that year, ₹7,457 Cr, differs from its quarters added, ₹7,532 Cr.

₹ croreSep 2024Filed 31 OctDec 2024Filed 29 JanMar 2025Filed 10 JunJun 2025Filed 8 AugSep 2025Filed 13 NovDec 2025Filed 29 JanMar 2026Filed 14 MayJun 2026Filed 14 Aug
Revenue2,6193,1054,7683,9392,3473,0714,8884,674
Net profit1331312361413284113213
Net margin5.1%4.2%4.9%3.6%1.3%2.8%2.3%4.6%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Unitary Cooling Products₹9,501 Crdown 10.49%67.1%
  • Electro - Mechanical Projects and Services₹4,053 Crdown 2.51%28.6%
  • Engineering Products and Services₹599 Crup 5.31%4.2%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2021: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 66% of 2,480 trading days over the last 10 years.

LowestHighest
Its median62.4Industry median31.8
Price to book

At or below today's level on 20% of 1,973 trading days since Nov 2018.

LowestHighest
Its median6.1Industry median4.1
EV to EBITDA43.1

At or below today's level on 31% of 1,973 trading days since Nov 2018.

LowestHighest
Its median49.7Industry median19.2
Dividend yield

At or below today's level on 26% of 2,452 trading days over the last 10 years.

LowestHighest
Its median0.55%Industry median0.60%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−12.4%−55.3%+95.3%0.3%
3 years+16.3%+40.7%−17.6%0.4%
5 years+5.4%−6.5%+12.2%0.5%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2023.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters30.30%
  • Foreign institutions16.94%
  • Indian institutions38.52%
  • Individuals and others14.24%
Holder
Tata Sons Private LimitedPromoter26.64%
Life Insurance Corporation of India - P & Gs FundInsurance companies7.39%
NPS Trust- A/C SBI Pension Fund Scheme - State GovtProvident and pension funds6.09%
Tata Investment Corporation LtdPromoter3.01%
SBI Life Insurance Co. LtdInsurance companies2.23%
HDFC Life Insurance Company LimitedInsurance companies2.02%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

172 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 97 of the 108 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
4
Bought again
2
Added
56
Cut
52
Held unchanged
56
Sold out
4
Fund
Nippon India Mutual Fund logoNippon India Growth Mid Cap FundNippon India Mutual Fund69,09,9781.47%₹739.4 Cr
Kotak Mahindra Mutual Fund logoKotak Mid Cap FundKotak Mahindra Mutual Fund51,90,2110.83%₹555.4 Cr
Nippon India Mutual Fund logoNippon India Multi Cap FundNippon India Mutual Fund48,15,8890.96%₹515.3 Cr
DSP Mutual Fund logoDSP Midcap FundDSP Mutual Fund36,39,5272.00%₹389.4 Cr
Mirae Asset Mutual Fund logoMirae Asset Midcap FundMirae Asset Mutual Fund35,02,5121.92%₹374.8 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund24,93,0090.33%₹266.8 Cr
SBI Mutual Fund logoSBI Large & Midcap FundSBI Mutual Fund18,75,0000.50%₹200.6 Cr
Axis Mutual Fund logoAxis Midcap FundAxis Mutual Fund13,25,6410.42%₹141.8 Cr
Nippon India Mutual Fund logoNippon India Value FundNippon India Mutual Fund12,04,6601.52%₹128.9 Cr
HDFC Mutual Fund logoHDFC Large & Mid Cap FundHDFC Mutual Fund11,64,7030.44%₹124.6 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Household Appliances, 26 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Voltas in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
LG Electronics India logoLG Electronics IndiaLGEINDIA1,09,33059.914.340.4––23.8%28.4%0.00%
Blue Star logoBlue StarBLUESTARCO30,82260.59.034.3+5.9%−6.3%15.7%17.5%0.57%
Amber Enterprises India logoAmber Enterprises IndiaAMBER21,177220.54.823.2+14.6%−65.1%2.9%7.5%0.00%
Crompton Greaves Consumer Electricals logoCrompton Greaves Consumer ElectricalsCROMPTON12,568–4.113.9+12.1%−137.2%−5.5%20.4%1.54%
V-Guard Industries logoV-Guard IndustriesVGUARD11,76632.35.019.7+13.4%+26.4%16.3%20.4%0.56%
Whirlpool of India logoWhirlpool of IndiaWHIRLPOOL10,02940.02.418.3+6.0%−30.5%6.2%4.8%0.63%
TTK Prestige logoTTK PrestigeTTKPRESTIG7,12637.03.620.7+16.2%+100.1%10.0%11.5%1.44%
Eureka Forbes logoEureka ForbesEUREKAFORB5,99733.11.317.4+12.5%+5.8%4.0%5.4%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹7.00 a share, year to Mar 2025.
Ex-dateTypePer share
12 Jun 2026Final₹4.00
20 Jun 2025Final₹7.00
25 Jun 2024Final₹5.50
9 Jun 2023Final₹4.25
9 Jun 2022Final₹5.50
11 Aug 2021Final₹5.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Voltas share price by year

Each calendar year to 2025.Voltas share price history

YearClose at year endChangeHighest closeLowest close
20251,361.20−24.0%1,835.801,207.80
20241,789.95+83.0%1,929.20977.95
2023978.35+22.3%985.20744.95
2022799.85−34.4%1,322.00777.75
20211,219.15+47.7%1,337.70831.45
2020825.65+25.2%838.45436.30
2019659.30+19.1%719.75507.50
2018553.50−15.6%654.60479.15
2017655.90+99.8%668.55324.20
2016328.25+1.2%401.90223.40
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026990.20993.90939.20950.00953.895,68,76838.3%
22 Oct 2026991.001,001.00971.70989.10988.145,41,43946.5%
21 Oct 20261,024.701,026.20985.40998.401,001.295,09,76242.1%
19 Oct 20261,029.101,033.501,013.201,019.601,021.413,76,83233.7%
16 Oct 20261,042.501,052.101,023.701,029.101,032.085,43,78746.5%
15 Oct 20261,038.001,060.501,034.201,052.001,051.5610,08,54654.4%
14 Oct 20261,036.701,051.301,021.101,039.801,039.306,71,83244.8%
13 Oct 20261,020.001,041.001,012.501,041.001,031.314,69,56235.7%
12 Oct 20261,042.501,046.001,018.301,020.001,030.332,82,43440.1%
9 Oct 20261,035.401,048.501,028.601,033.701,038.662,36,98636.6%
Prices in ₹ per share as traded, not adjusted.

About Voltas

Voltas Limited is a Tata company that makes air conditioners and other cooling products, offers home appliances through a joint venture, and carries out engineering projects. Its customers include households, shops and businesses, construction and mining sites, and the textile industry. It was incorporated in 1954.

The business is organised in three segments. Unitary Cooling Products covers room air conditioners, air coolers, water heaters, commercial refrigeration, and commercial air conditioning such as VRF systems and chillers. Electro-Mechanical Projects and Services delivers mechanical, electrical and plumbing projects in India and overseas. Engineering Products and Services includes the Textile Machinery Division, which supplies machinery for spinning, knitting, weaving and processing, and the Mining and Construction Equipment business. Both sit within Universal MEP Projects & Engineering Services Limited, a wholly owned subsidiary.

Voltbek Home Appliances Private Limited is a joint venture with the home appliance manufacturer Arçelik, and offers refrigerators, washing machines, microwave ovens and dishwashers.

Voltas manufactures in India at Chennai, Pantnagar, Sanand and Waghodia, and sells through more than 30,000 customer touchpoints and over 400 exclusive brand outlets. Its International Operations Business Group, part of the projects segment, works in the UAE, Saudi Arabia, Oman, Qatar and Bahrain. The mining equipment business also operates in Mozambique.

Voltas began in 1954 with the Tata Group, and the Voltbek partnership was established in 2018.

Legal name
Voltas Limited
NSE symbol
VOLTAS
BSE code
500575
ISIN
INE226A01021
Industry
Consumer Durables
Listed
Sep 1957 on BSE, Apr 1995 on NSE
Face value
₹1
CIN
L29308MH1954PLC009371
Corporate identity number, the registrar of companies' code for it