Voltas Ltd.

NSE: VOLTAS | BSE: 500575 | ISIN: INE226A01021 | Industry: Consumer Electronics
| Mid-range Performer
1365.7000 1.30 (0.10%)
NSE Jul 07, 2025 15:31 PM
Volume: 874.3K
 

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Voltas Ltd.
14 Nov 2018
1365.70
0.10%
Religare
Voltas Ltd's Q2FY19 numbers were largely in line with our estimates. Consolidated net revenue growth stood healthy at 37.1% YoY, driven by strong performance from projects business ( 61.7%). Further, unitary cooling products segment reported decent growth of 8.2% after two quarters of muted performance. However, growth in EBITDA was relatively lower at 24.8%, while EBITDA margins contracted 76bps YoY to 7.6%, led by a sharp margin erosion of 616bps in unitary cooling products.
Emkay upgraded Voltas Ltd. to Buy with a price target of 1450.0 on 18 Jun, 2025.
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