Commodity
MEDIUMTrigger: Direct impact on Bill of Materials (BOM) cost
Monitor: commodity
Voltas Ltd: Stock Analysis & Fundamentals
Updated this weekVoltas Ltd (Consumer Electronics) — fundamental analysis, earnings data, and key metrics. PE: 110.0. ROE: 6.1%. This stock is not currently in the Nifty 500 momentum outperformers list.
Voltas Ltd Key Facts
What's Happening
📊Debt increased 77% YoY — leverage rising
🌐FII stake increased 2.2% this quarter
🏛️DII reducing — stake down 1.6%
Key Risks
1. Commodity
MEDIUM2. Fx
LOW3. Regulatory
MEDIUMKey Numbers
Current Price
₹1,310
Dividend Yield
0.31%
Market Cap
43.3K Cr
Valuation
N/AWhat Are the Key Risks for Voltas Ltd?
Earnings deceleration risks from management commentary
Fx
LOWTrigger: Currency impact on imported components
Monitor: fx
Regulatory
MEDIUMTrigger: Mandatory compliance for air conditioners
Monitor: regulatory
Geopolitical
LOWTrigger: Trade policy impact on TMD segment MSME clients
Monitor: geopolitical
What Is Voltas Ltd's Management Saying?
Key quotes from recent conference calls
“Will the commodity and the currency fluctuation have an impact on the pricing? Definitely, yes. There will be an impact of the pricing. But how much and when to sort of pass on is something it's a very dynamic decision [Risk (commodity): MEDIUM]”
“So, the overall numbers will be a summation of these three things. The table change impact for the 5-Star and the copper and the currency impact for the same. [Risk (fx): LOW]”
“BEE norms, there was a Gazette which came in a year ago... it prohibits you from manufacturing the new products from 1st of January 2026. But both the manufacturing brands as well as the channel partners can sell this till June end. [Risk (regulatory): MEDIUM]”
“The Textile Machinery Division (TMD) business was adversely impacted by macro backdrop, notably the 50% U.S. tariff imposition on certain textile products, which weighed on MSMEs and led to production cuts [Risk (geopolitical): LOW]”
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Apr 30, 2026.
Other Top Consumer Electronics Stocks Beating Nifty 500
Frequently Asked Questions: Voltas Ltd
Based on publicly available financial data. This is educational research, not investment advice.
What were Voltas Ltd's latest quarterly results?
Voltas Ltd's latest quarterly results (Mar 2026) show
- PAT Growth YoY: -52.1%
- Revenue Growth YoY: +2.5%
- Operating Margin: 4.0%
What is Voltas Ltd's current PE ratio?
Voltas Ltd's current PE ratio is 110.0x.
- Current PE: 110.0x
- Market Cap: 43.3K Cr
- Dividend Yield: 0.31%
What is Voltas Ltd's price-to-book ratio?
Voltas Ltd's price-to-book ratio is 6.8x.
- Price-to-Book (P/B): 6.8x
- Book Value per Share: ₹193
- Current Price: ₹1310
Is Voltas Ltd a fundamentally strong company?
Voltas Ltd's fundamental strength based on key financial ratios
- Return on Capital (ROCE): 9.0%
Is Voltas Ltd debt free?
Voltas Ltd has a debt-to-equity ratio of N/A.
- Total Debt: ₹992 Cr
What is Voltas Ltd's return on equity (ROE) and ROCE?
Voltas Ltd's return ratios over recent years
- FY2024: ROCE 9.0%
- FY2025: ROCE 18.0%
- FY2026: ROCE 9.0%
Is Voltas Ltd's cash flow positive?
Voltas Ltd's operating cash flow is positive (FY2026).
- Cash from Operations (CFO): ₹71 Cr
- Free Cash Flow (FCF): ₹368 Cr
- CFO/PAT Ratio: 19% (weak cash conversion)
What is Voltas Ltd's dividend yield?
Voltas Ltd's current dividend yield is 0.31%.
- Dividend Yield: 0.31%
- Current Price: ₹1310
Who holds Voltas Ltd shares — promoters, FII, DII?
Voltas Ltd's shareholding pattern (Mar 2026)
- Promoters: 30.3%
- FII (Foreign): 18.4%
- DII (Domestic): 38.3%
- Public: 12.9%
Is promoter holding increasing or decreasing in Voltas Ltd?
Voltas Ltd's promoter holding has remained stable recently.
- Current Promoter Holding: 30.3% (Mar 2026)
- Previous Quarter: 30.3% (Dec 2025)
- Change: 0.00% (stable)
Is Voltas Ltd a new momentum entry or an established outperformer?
Voltas Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
What are the key risks in Voltas Ltd?
Voltas Ltd has 4 key risks worth monitoring
- [MEDIUM] Commodity — Direct impact on Bill of Materials (BOM) cost
- [LOW] Fx — Currency impact on imported components
- [MEDIUM] Regulatory — Mandatory compliance for air conditioners
- [LOW] Geopolitical — Trade policy impact on TMD segment MSME clients
What did Voltas Ltd's management say in the latest earnings call?
In Q3 FY26, Voltas Ltd's management highlighted
- "Will the commodity and the currency fluctuation have an impact on the pricing? Definitely, yes. There will be an impact of the pricing. But how much a..."
- "So, the overall numbers will be a summation of these three things. The table change impact for the 5-Star and the copper and the currency impact for t..."
- "BEE norms, there was a Gazette which came in a year ago... it prohibits you from manufacturing the new products from 1st of January 2026. But both the..."
Is Voltas Ltd worth studying for long term investment?
Based on quantitative research signals, here is why Voltas Ltd may be worth studying
- Cash flow is positive — CFO ₹71 Cr
What is the investment thesis for Voltas Ltd?
Voltas Ltd investment thesis summary:
Risk Factors (Bear Case)
- Key risk: Commodity
What is the future outlook for Voltas Ltd?
Voltas Ltd's forward outlook based on current data signals
- Key Risk: Commodity
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.