Voltas Ltd. News and Updates

Name: Latest research reports of Voltas Ltd. authored by Prabhudas Lilladhar and published by - Trendlyne research reports.
Item: Voltas Ltd.
Rating: 3
Author: Prabhudas Lilladhar

Keep track of all breaking news on Voltas Ltd. from all sources in a single place.

Load latest

Voltas Ltd.

07 Nov 2019

1414.60

-0.08%

Q2FY20 Result Update

Hold: Voltas Ltd.

Target

Prabhudas Lilladhar

maintaining annual margin guidance at 11%. MEP segment shall continue to focus on domestic projects in Urban Infra and Rural Electrification. With Voltas Beko JV to remain in an investment phase over the next 2-3 years, we expect the JV to drag profitability in the medium term and report a loss of Rs1.5bn/Rs1.2bn in FY20/21. We estimate 18% EPS CAGR over FY19-22 and value the stock at 28x Sept21 EPS. Maintain Hold with a target price of Rs662. Sales flat at Rs14.2bn; Adj PAT up by 8.8%: Revenues were flat YoY at Rs14.2bn as gains from UCP segment were offset by fall in EMPS segment. Benign...

Number of FII/FPI investors decreased from 719 to 689 in Jun 2025 qtr

Voltas Ltd.

27 Sep 2019

1414.60

-0.08%

Top stock recommendations by Anand Rathi: Buy Voltas, Reliance Ind, Concor

Business Standard

Trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers

Voltas Ltd.'s price crossed above 200Day SMA today

Voltas Ltd.

23 Sep 2019

1414.60

-0.08%

Voltas' rich valuations price in prospects amid strong air conditioner sales

livemint

In a recent analyst meet, the firm indicated a good beginning to the festive season starting with Onam.There are global and domestic macroeconomic challenges that weigh on order flows and projects in both electromechanical and engineering products and services

Number of FII/FPI investors decreased from 719 to 689 in Jun 2025 qtr

Voltas Ltd.

23 Sep 2019

1414.60

-0.08%

Pick Of The Week - Voltas Limited

Voltas Ltd.

Edelweiss

Voltas Limited, part of the TATA group, is a leading air conditioning and engineering services...

Voltas Ltd.'s price crossed above 200Day SMA today

Voltas Ltd.

19 Sep 2019

1414.60

-0.08%

Analyst Meet Update

Hold: Voltas Ltd.

Prabhudas Lilladhar

Voltas Analyst meet indicated cautious demand scenario post positive start to UCP in FY20 as continuing slowdown in the economy can negatively impact festive season sales. The management has maintained annual margin guidance of 11% in UCP. With no presence in key product segments (Direct Cool refrigerator & Semi-automatic Washing Machines) Voltbek is unlikely to make any major inroads this festival season. It is expected to remain in an investment phase over the next 3-4 years given expenses on distribution, branding and stiff competition in white goods market. We estimate the JV to...

Number of FII/FPI investors decreased from 719 to 689 in Jun 2025 qtr

Voltas Ltd.

19 Sep 2019

1414.60

-0.08%

Voltas Ltd

Hold: Voltas Ltd.

Target

ICICI Securities Limited

Voltas has indicated that while other consumer durable products saw a slight slowdown, demand for cooling products such as room air conditioners (RAC), air coolers and refrigerators remained firm during H1FY20. The volume growth of RACs is likely to remain strong in H2FY20 as well supported by demand remaining intact from Tier II, Tier III cities. In addition to this, deferral of rating change norm by a year coupled with absence of price hikes would help drive volume growth of industry, going forward. The management further said that despite launch of various premium SKUs in...

Voltas Ltd. has an average target of 1400.14 from 7 brokers.

Voltas Ltd.

10 Sep 2019

1414.60

-0.08%

Analysts positive on Voltas despite slowdown, see growth in projects, ACs

Business Standard

While the company's projects segment is expected to perform better, a strong Q1 and moves to clear inventory are positives for room air-conditioner business

Voltas Ltd. has lost -26.38% in the last 1 Year

Voltas Ltd.

22 Aug 2019

1414.60

-0.08%

VOLTAS LTD

Hold: Voltas Ltd.

Target

Geojit BNP Paribas

We maintain our Hold rating on the stock with a target price of Rs. 635 based on 29x FY21E adjusted EPS. Margins contract as costs increase Q1FY20 revenue was Rs. 2,647cr (up 24.0% YoY) against Rs. 2,134cr. for the same period last year. EBITDA margin declined 39bps YoY due to an increase in cost of sales (up 26.7% YoY), marginally offset by a decrease in employee benefit expenses (down 8.0% YoY). Reported PAT reduced 10.2% YoY to Rs. 165cr, as the VRS scheme...

Voltas Ltd. has an average target of 1400.14 from 7 brokers.

Voltas Ltd.

09 Aug 2019

1414.60

-0.08%

Voltas Ltd - Result Update Q1FY20

Buy: Voltas Ltd.

Edelweiss

Voltas reported stellar Q1FY20 results (revenue/EBITDA/adj. PAT up 12%/18%/13% from estimate) driven by better-than-expected improvement in UCP segment.

Number of FII/FPI investors decreased from 719 to 689 in Jun 2025 qtr

Voltas Ltd.

09 Aug 2019

1414.60

-0.08%

Voltas Ltd

Hold: Voltas Ltd.

ICICI Securities Limited

Voltas's UCP segment revenue growth at 47% was much higher than domestic air conditioner industry growth of 36% during Q1FY20. With a slight gain in market share (~24% market share in Q1FY20) coupled with rising contribution of inverter AC into sales (Inverter AC contributes ~50% in AC sales) helped drive the UCP division performance in Q1FY20. The management guided for a strong demand recovery in the UCP division given the low base of last year, low channel inventory and strong order from EESL. On the EMPS front, the management guided for a revival in the business...

Voltas Ltd. has lost -26.38% in the last 1 Year

Is Voltas Ltd. worth buying?

387 Votes:

Buy 75.97%

Sell 17.31%

Hold 6.72%

RESEARCH REPORTS

Hold SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf