| Revenue growth | Total income +14% YoY; UCP revenue +29% |
|---|---|
| Margins | UCP profitability improved despite cost pressure; no margin figures |
| Order book | Projects order book above ₹6,800 cr as of 30 Sep 2026 |
| Demand visibility | Stable domestic demand; extended summer; festive season momentum |
| Management confidence | Upbeat tone; 'steady' performance; no numeric guidance |
Growth
Total income ₹2,746 cr vs ₹2,412 cr (+14%). PAT ₹48 cr vs ₹32 cr (+50%). UCP revenue +29%.
Outlook
No numeric guidance. Focus on RAC leadership, Voltbek frost-free refrigerators and automatic washing machines, localisation, and selective project bidding.
Risks
Commodity inflation, currency volatility, geopolitical uncertainty, Middle East exposure, Projects working-capital pressure, softer commercial refrigeration demand.
Last quarter's promises, checked
Partly delivered
- UCP EBIT toward 7% (Q1 5.3%) → 'improved', no % (= PARTIAL)
- Binding JV, 18-mo runway → sourcing 'under evaluation' (= PARTIAL)
- Q3/Q4 Projects recovery → Q2 unquantified (= PARTIAL)
Missed
- Voltbek FY27 EBITDA breakeven → none disclosed; mgmt already slipped it (= MISS)
- CR traction improving → softer CR demand (= MISS)
Investor Presentation filed with BSE, 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)
- 81.0×Sector 44.4×
- 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 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.
Voltas Legal & Regulatory
Voltas Limited received an order from GST authorities dropping the previously reported tax demand of ₹30.22 crores. The company has been granted complete relief.
- Value
- ₹30.22 Cr