ALFA Finder| Revenue growth | 18.5% YoY growth reaching ₹4,765 crores. |
|---|---|
| Margins | UCP margins improved despite inflation through price hikes and cost optimization. |
| Order book | Segment B carry forward order book at ₹6,345 crores. |
| Demand visibility | Strong cooling demand; RAC penetration increasing in Tier II/III. |
| Management confidence | High; citing widened market lead and structural initiatives. |
Growth
Revenue grew 18.5% YoY; Net Profit surged 51% YoY. RAC volumes increased 45% YoY, significantly outperforming industry.
Outlook
Focus on consolidating AC leadership, scaling Voltbek home appliances, and strategic 50:50 JV with Atomberg for compressor localization.
Risks
Commodity inflation, currency depreciation, and geopolitical tensions in the Middle East impacting international project order bookings.
Last quarter's promises, checked
Delivered
- Guided progressive margin improvement → UCP margins improved (= BEAT)
- Targeted RAC market leadership → Widened lead to 4% over No. 2 (= BEAT)
- Planned Chennai capacity expansion to 1.5M units → Delivered 1.5M capacity (= BEAT)
Partly delivered
- Guided gradual margin return to FY25 levels → Improving but still below FY25 (= PARTIAL)
Investor Presentation filed with BSE, NSE: VOLTAS. Summary written with AI assistance from the document.
Voltas Ltd: key numbers
- Share price
- ₹1,114.70
- Market cap
- ₹36,884 Cr
- Revenue (annual)
- ₹14,244 Cr
- Net profit (annual)
- ₹375.9 Cr
- P/E (TTM)
- 78.9×Sector 44.3×
- 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.
More from Voltas Ltd
All →Voltas Earnings Call Transcript: Key Takeaways
Q2 FY27: consolidated income up 13.8% to ₹2,746 Cr; PAT ₹48 Cr (vs ₹32 Cr) on RAC volume +32%. Margins pressured by commodity and currency costs; management defers recovery to Q3-Q4 without quantified guidance.
Voltas Investor Presentation: Key Takeaways
Q2 FY27 consolidated total income ₹2,746 cr (+14% YoY), PBT ₹83 cr, PAT ₹48 cr. RAC volume +32%, UCP revenue +29%.
Voltas Board Meeting Outcome
Voltas Limited's board approved Deloitte Haskins & Sells as statutory auditors for five years from the 73rd AGM, replacing SRBC & Co. LLP, whose second and final term ends at that AGM. Subject to shareholder approval.
- Execution
- Five years: financial years 2027-28 to 2031-32 (from the 73rd AGM in 2027 to the 78th AGM in 2032)
Voltas Management Change
Voltas Limited's board approved changes in leadership: Noel Tata retires as Chairman, Sunil D'Souza becomes Chairman, and Jayant Balan is named future MD. Venkatesalu Palaniswamy joins as a non-independent director.
Voltas Q2 FY27 Results: Net Profit ₹47.7 Cr, Up 51.4% YoY
Voltas Ltd reported revenue from operations of ₹2,707 Cr (+15.3% YoY) and net profit of ₹47.7 Cr (+51.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹47.7 Cr · +51.4% YoY
Voltas Board Meeting Date
Voltas has scheduled its Board of Directors meeting for 6 November 2026 to approve Q2 FY27 standalone and consolidated financial results. No financial figures or other decisions are disclosed in this advance notice.