NSE: VOLTAS | BSE: 500575

Expensive Underperformer

Download real time

1178.00 25.90 (2.25%)

New 52W Low in past week

910.7K NSE+BSE Volume

NSE 03 Sep, 2026 3:31 PM (IST)

38,978.2

Market Cap

High in industry

Beta 1Year

High Volatility

Voltas Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for VOLTAS, BSE:500575 Voltas Ltd.

Search Inside the pdf :

Voltas Ltd.

17 Aug 2026

1178.00

2.25%

Voltas (HOLD): UCP growth accelerates; cost inflation limits margin recoveryRevenue grew 19% YoY but was 9% below estimates; EBITDA rose 49% YoY, supported by UCP margin expansion and cost optimisationView Report

Hold: Voltas Ltd.

BOB Capital Markets Ltd.

Revenue grew 19% YoY but was 9% below estimates; EBITDA rose 49% YoY, supported by UCP margin expansion and cost optimisation

Voltas has lost -21.42% in the last 6 Months

Voltas Ltd.

14 Aug 2026

1178.00

2.25%

Earnings miss; RAC leadership strengthens

Neutral: Voltas Ltd.

Target

Motilal Oswal

VOLT’s 1QFY27 revenue increased ~19% YoY to INR46.7b (~7% miss), driven by ~32%/17% YoY growth in UCP/PES segments, while EMPS revenue declined ~27% YoY.

Voltas Ltd. is trading below all available SMAs

Voltas Ltd.

25 May 2026

1178.00

2.25%

VOLTAS LTD

Hold: Voltas Ltd.

Target

Geojit BNP Paribas

EBITDA fell 33.7% YoY to Rs. 221cr, and the EBITDA margin contracted 240bps YoY to 4.6%, due to increase in cost of materials. Rep. PAT declined 51.9% YoY to Rs. 113cr, due to lower operating profitability, especially in cooling, along with inflation and currency-related margin pressure. The company delivered marginal growth driven by its leadership in cooling products, portfolio refresh with AI-powered innovations and strengthened brand positioning through refreshed marketing. Management remains focused on premiumisation, deeper localisation at manufacturing facilities, expanded distribution and intelligent...

BOB Capital Markets Ltd. released a Hold report for Voltas Ltd. with a price target of 1440.0 on 17 Aug, 2026.

Voltas Ltd.

15 May 2026

1178.00

2.25%

Weak Q4; supportive valuations limit downside

Buy: Voltas Ltd.

Emkay

Voltas posted a weak Q4, with revenue at Rs48.9bn (up only 3% YoY); margins too disappointed, with EBITM at 5% (missed our estimate of ~7.8%; BLSTR posted 10.4% UP EBITM in Q4) and resilient UCP demand (up 1% YoY despite the high Q4FY25 base).

Voltas Ltd. is trading below all available SMAs

Voltas Ltd.

15 May 2026

1178.00

2.25%

Voltas (HOLD): UCP margin pressure persists; demand outlook improves

Hold: Voltas Ltd.

Target

BOB Capital Markets Ltd.

Q4 revenue rose 3% YoY to Rs 48.9bn, while EBITDA missed by ~25% on a 499bps YoY UCP margin contraction

Voltas Ltd. has an average target of 1416.86 from 7 brokers.

Voltas Ltd.

14 May 2026

1178.00

2.25%

Voltas (VOLT IN) Q4FY26 Result Update Recovery in margins likely to remain gradual Downgrade to HOLD'

Hold: Voltas Ltd.

Target

Prabhudas Lilladhar

manufacturing utilization at Chennai and Pantnagar facilities, deeper localization and commodity inflation, currency depreciation and continued investments in branding supported by calibrated price hikes, cost optimization initiatives, improved operating leverage. However, additional price hikes may be undertaken depending on...

Number of FII/FPI investors decreased from 637 to 619 in Jun 2026 qtr

Voltas Ltd.

09 Mar 2026

1178.00

2.25%

Axis Punch:Voltas

Buy: Voltas Ltd.

Recommendation Target

Axis Direct

We recommend a BUY rating on the stock with a TP of Rs 1,628/share, implying an upside of 10% from the CMP.

BOB Capital Markets Ltd. released a Hold report for Voltas Ltd. with a price target of 1440.0 on 17 Aug, 2026.

Voltas Ltd.

30 Jan 2026

1178.00

2.25%

Voltas (HOLD): Recovery underway, but margins remain under pressure

Hold: Voltas Ltd.

Target

BOB Capital Markets Ltd.

Q3 revenue flat YoY with strong QoQ recovery; EBITDA missed estimates as UCP margin took a hit, on account of channel support

Number of FII/FPI investors decreased from 637 to 619 in Jun 2026 qtr

Voltas Ltd.

29 Jan 2026

1178.00

2.25%

UCP beats estimates; strong margin in EMPS

Neutral: Voltas Ltd.

Target

Motilal Oswal

Voltas (VOLT)’s 3QFY26 revenue declined ~1% YoY to INR30.7b (in line), led by ~21%/9% YoY growth in the PES/UCP segments, while EMPS revenue dipped ~18% YoY.

Voltas Ltd. is trading below all available SMAs

Voltas Ltd.

18 Dec 2025

1178.00

2.25%

RAC downtrend bottoming out; market share in focus

Neutral: Voltas Ltd.

Motilal Oswal

VOLT highlighted that RAC volume remained under pressure in 3QFY26 due to higher channel inventory (~45 days) and a strong winter, though the YoY decline has moderated and there are multiple levers (GST rate cut increase affordability, energy label changes) to drive demand going forward.

Number of FII/FPI investors decreased from 637 to 619 in Jun 2026 qtr

Is Voltas Ltd. worth buying?

402 Votes:

Buy 76.37%

Sell 17.16%

Hold 6.47%

RESEARCH REPORTS

Hold SEE REPORTS >

pdf

Neutral SEE REPORTS >

pdf