Voltas Ltd (VOLTAS) — shareholding pattern, promoter holding, financials and share price
About Voltas Ltd (VOLTAS)
Voltas Ltd operates in the Household Appliances industry, within the Consumer Durables sector. It trades on the NSE as VOLTAS and on the BSE under scrip code 500575. Its ISIN is INE226A01021.
Voltas is engaged in the business of air conditioning, refrigeration, electro - mechanical projects as an EPC contractor both in domestic and international geographies (Middle East and Singapore) and engineering product services for mining, water management and treatment, construction equipments and textile industry. Voltas was created 6 decades ago when Tata Sons joined hands with a swiss company Volkart Brothers. Voltas is also one of the most reputed engineering solution providers specializing in project management. [1] The company has 5,000+ Customer sites actively managed across India [2]
Voltas Limited, established under the Tata Group, leads India in cooling products, offering a range of ACs, air coolers, and engineering solutions.
The company faced macroeconomic challenges in 2025, yet maintained leadership in room air conditioners with a 17.9% market share through strategic network expansions.
Listed peers in Household Appliances: Blue Star Ltd, Amber Enterprises India Ltd, Crompton Greaves Consumer Electricals Ltd, V-Guard Industries Ltd, Whirlpool of India Ltd, Eureka Forbes Ltd.
Valuation & Returns
10 Jul 2026At ₹1,286.4 a share on 10 Jul 2026, Voltas Ltd (VOLTAS) was valued at a price-to-earnings ratio of 115.04x against an industry P/E of 50.62x and a price-to-book of 6.68x on a book value of ₹192.7 per share as of Mar 2026. Solomo computes return on equity of 5.8% and return on capital employed of 8.74% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 115.04x
- Industry P/E
- 50.62x
- P/B
- 6.68x
- EPS (TTM)
- ₹11.18
- Book value / share
- ₹192.7
- ROE
- 5.8%
- ROCE
- 8.74%
- ROA
- 2.55%
- Debt / equity
- 0.16x
- Dividend yield
- 0.31%
- EBITDA margin
- 5.15%
- 52-week range
- ₹1,187.5 – ₹1,582
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Voltas Ltd (VOLTAS) reported revenue of ₹14,244 crore, net profit of ₹370 crore and earnings per share of ₹11.36. That compares with revenue of ₹15,413 crore and net profit of ₹834 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹4,888 crore and net profit ₹113 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 7,934 | 9,499 | 12,481 | 15,413 | 14,244 |
| Net profit (₹ cr) | 506 | 136 | 248 | 834 | 370 |
| EPS (₹) | 15.23 | 4.08 | 7.62 | 25.43 | 11.36 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 7.55% | 10.56% | 11.14% | -7.58% |
| Profit growth | -3.87% | -9.78% | -37.63% | -55.65% |
| Stock price CAGR | 16% | 6% | 22% | -2% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 30.3% of Voltas Ltd (VOLTAS) (unchanged from the previous quarter), foreign institutional investors (FII) hold 16.94% and domestic institutional investors (DII) hold 39.05%. Market capitalisation was ₹42,565 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Life Insurance Corporation Of India 7.72%, NPS Trust- A/C SBI Pension Fund Scheme - State Govt 5.79%, Nippon Life India Trustee Ltd (Various Accounts) 5.73%, Kotak Midcap Fund (Various Accounts) 2.29%, SBI Life Insurance Co. Ltd 2.26%, HDFC Life Insurance Company Limited 1.92%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 30.3% | - | 16.94% | 39.05% | 69.7% |
| Mar 2026 | 30.3% | - | 18.45% | 38.4% | 69.7% |
| Dec 2025 | 30.3% | - | 18.41% | 37.89% | 69.7% |
| Sep 2025 | 30.3% | - | 20.26% | 35.83% | 69.7% |
| Jun 2025 | 30.3% | - | 21.16% | 33.36% | 69.7% |
| Mar 2025 | 30.3% | - | 21.96% | 33.21% | 69.7% |
| Dec 2024 | 30.3% | - | 21.31% | 34.61% | 69.7% |
| Sep 2024 | 30.3% | - | 18.08% | 37.46% | 69.7% |