profit from every ₹100 of sales.
₹0₹100
Voltas
₹1,122.70+2.99% today
-19.5% in 1 year
1-year low ₹946.201-year high ₹1,561.30
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹98.83 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Voltas sold, what it kept, and what it did with the cash.
Sales went from ₹94.0 billion in 2023 to ₹141 billion in 2026, with ₹3.76 billion of profit last year.
SalesProfit
Voltas vs. similar companies
Voltas grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Voltas | 98.8× · Very expensive | ||
 Midea Group | 15.2× · Fair price | ||
 Gree Electric Appliances, Inc. of Zhuhai | 7.5× · Cheap | ||
 SharkNinja | 45.6× · Expensive | ||
 King Slide Works | 84.6× · Very expensive |
AI analysis
An AI analyst reads Voltas's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 93,994 | 124,074 | 153,205 | 141,230 | |
| 20,142 | 25,845 | 33,450 | 30,348 | |
| 2,908 | 4,274 | 10,687 | 6,025 | |
| 3,764 | 5,893 | 13,146 | 7,280 | |
| 1,350 | 2,520 | 8,414 | 3,759 | |
| 4.08 | 7.62 | 25.43 | 11.36 | |
| 21.4% | 20.8% | 21.8% | 21.5% | |
| 3.1% | 3.4% | 7.0% | 4.3% | |
| 1.4% | 2.0% | 5.5% | 2.7% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 102,790 | 120,357 | 131,520 | 145,097 |
| Cash | 6,927 | 8,153 | 6,498 | 7,551 |
| Total debt | 6,506 | 7,436 | 8,920 | 9,925 |
| Total liabilities | 47,853 | 61,815 | 66,117 | 81,106 |
| 54,521 | 58,205 | 65,133 | 63,762 | |
| 331 | 331 | 331 | 331 | |
| 4.1% | 6.2% | 12.7% | 6.6% | |
| 2.5% | 4.3% | 12.9% | 5.9% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 1,594 | 7,615 | -2,252 | 710 | |
| 1,799 | 2,931 | 2,082 | 1,327 | |
| -206 | 4,685 | -4,333 | -618 | |
| Dividends paid | 1,829 | 1,432 | 1,820 | 2,321 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 98.8×
- –
- 2.43
- 5.7×
- 2.6×
- –
- 51.4×
- -0.2%
- 1.0%
- 0.6%
Profitability
- 21.5%
- 4.3%
- 2.7%
- –
- 6.6%
- 7.4%
- –
- –
- –
- –
Growth
- +14.5%
- +40.7%
- –
- –
- +0.0%
Financial health
- 0.3×
- 0.16
- –
- 7.4×
- 1.37
- –
- –
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 40%of 978
Bottom 24%of 992
Bottom 5%of 854
Top 27%of 993
Bottom 17%of 979
0.6%of the share price, paid each year
On $1,000 invested$6a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
61.8% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
31No pass
Benjamin Graham
35No pass
Philip Fisher
39No pass
Peter Lynch
59No pass
Joel Greenblatt
3No pass
Charlie Munger
22No pass
Terry Smith
18No pass
Questions about Voltas
Is Voltas a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Voltas AI analysis
What does Voltas do?
Voltas Limited operates as air conditioning and engineering solutions in India, the Middle East, Africa, and internationally. The company operates through three segments: Unitary Cooling Products; Electro - Mechanical Projects and Services; and Engineering Products and Services. It is in Furnishings, Fixtures & Appliances, based in Mumbai, India, with 1,964 employees.
Does Voltas pay a dividend?
Yes. At today's price the dividend is 0.6% a year, about 62% of its yearly profit. In 2026 it paid out ₹2.32 billion in dividends.
Is Voltas stock halal?
Yes. Voltas passes our halal screen: its business is permitted and its debt is 3% of its market value, under the 30% limit. How we check
How has Voltas stock done over the past year?
Down 19.5% over the past twelve months, to ₹1,122.70. It traded between ₹946.20 and ₹1,561.30 and is 28.1% below its high.
Who are Voltas's competitors?
The largest listed companies in the same industry are Midea Group, Gree Electric Appliances, Inc. of Zhuhai, SharkNinja and King Slide Works. The peers table on this page compares their profit, growth and price with Voltas's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.