ALFA Finder| Revenue growth | Consolidated income +13.8% YoY to ₹2,746 Cr; UCP revenue +29%. |
|---|---|
| Margins | Management claims YoY profit improvement; Segment B net margin ~2.5-3%. |
| Order book | Projects order book ~₹6,800 Cr; no peer comparison. |
| Demand visibility | RAC volume +32%; channel inventory ~3 weeks vs 4-6 last year. |
| Management confidence | Balanced: admits margin pressure, promises Q3-Q4 recovery without numbers. |
Growth
Consolidated income ₹2,746 Cr vs ₹2,412 Cr; PBT ₹83 Cr vs ₹54 Cr; PAT ₹48 Cr vs ₹32 Cr, off a low base.
Outlook
Price hike 5-7% from October; Volbec EBITDA break-even targeted next FY; Q3-Q4 margins expected better, unquantified.
Risks
Input cost spikes (copper, plastics, freight, FX) and price lag; analyst-cited EBITA decline ~40%; Volbec losses persist.
Last quarter's promises, checked
Partly delivered
- UCP EBIT 5.3% to 7%+ over ~8 qtrs, YoY gains → PAT +50% YoY (₹48 Cr vs ₹32 Cr) but analyst-cited EBITA ~-40% (= PARTIAL)
- Channel inventory ~4 wks → ~3 wks (= PARTIAL)
- Segment B Q2 soft, Q3-Q4 recovery → net margin ~2.5-3%, recovery unquantified (= PARTIAL)
Missed
- Volbec EBITDA breakeven this FY → now targeted next FY (= MISS)
Earnings Call Transcript filed with NSE, NSE: VOLTAS. Summary written with AI assistance from the document.
Voltas Ltd: key numbers
- Share price
- ₹1,099.00
- Market cap
- ₹36,364 Cr
- Revenue (annual)
- ₹14,244 Cr
- Net profit (annual)
- ₹375.9 Cr
- P/E (TTM)
- 77.8×Sector 43.8×
- 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 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.
Voltas Other Announcement
Voltas Ltd filed its quarterly shareholding pattern for the period ending September 30, 2026, as required by SEBI regulations.