Voltas Ltd.

NSE: VOLTAS | BSE: 500575 | ISIN: INE226A01021 | Industry: Consumer Electronics
| Mid-range Performer
1353.2000 -9.50 (-0.70%)
NSE Aug 22, 2025 15:31 PM
Volume: 616.3K
 

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Voltas Ltd.
09 Nov 2018
1353.20
-0.70%
HDFC Securities
We value based on SOTP, valuing EMPS/EPS/UCP at Sep-20 P/E at 17/20/35x with TP of Rs 640 (Rs 651 earlier). Voltas reported a mixed bag, with a beat in EMPS segment, market share gains in UCP but a sharp decline in UCP EBIT margins. Net revenues grew by 37% (exp. 10%) driven by robust execution in the project biz (trend prevalent across the capital goods sector). EBITDA/APAT grew by 25/9% (exp. of 12/6%).
Voltas Ltd. has an average target of 1400.14 from 7 brokers.
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