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Earnings Call

Voltas Earnings Call: Key Takeaways

Voltas reported Q4 FY26 consolidated total income of ₹4,930 cr with PAT of ₹113 cr, focusing on market leadership in cooling and structural transformation.

Highlights
Revenue growthFY26 revenue down ~8% YoY; Q4 revenue up ~1.7%.
MarginsUCP margins hit (3.2% vs 8.4% FY25); targeting progressive improvement.
Order bookSegment B carry forward order book at ₹6,200 cr.
Demand visibilityStrong traction in April/May due to heatwaves; secondary sales moving fast.
Management confidenceHigh in market leadership and demand recovery for summer season.

Growth

Q4 revenue grew to ₹4,930 cr from ₹4,847 cr YoY; FY26 revenue was ₹14,483 cr vs ₹15,737 cr.

Outlook

Targeting recovery to FY25 margin levels through price hikes and operational efficiencies; order book at ₹6,200 cr.

Risks

Commodity inflation, currency depreciation, and geopolitical tensions impacting margins and supply chains.

Source

Earnings Call filed with NSE, NSE: VOLTAS. Summary written with AI assistance from the document.

Read the document ↗

Voltas Ltd: key numbers

Share price
₹1,118.20
Market cap
₹37,000 Cr
Revenue (annual)
₹14,244 Cr
Net profit (annual)
₹375.9 Cr
P/E (TTM)
82.4×Sector 45.9×
Promoter holding
30.30%+0.00% QoQ
FII holding
16.94%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Legal & Regulatory

Voltas Legal & Regulatory

Voltas received a Show Cause Notice from State Tax authorities alleging wrongful Input Tax Credit and short tax payment for FY 2022-23.

Value
₹30.22 Cr