details

Peer companies

;

Share Market News

Voltas is currently trading at Rs. 691.90, up by 5.95 points or 0.87% from its previous closing of Rs. 685.95 on the BSE.The scrip opened at Rs. 690.00 and has touched a high and low of Rs. 697.00 and Rs. 676.00 respectively. So far 36974 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 740.50 on 20-Feb-2020 and a 52 week low of Rs. 537.00 on 10-May-2019.Last one week high and low of the scrip stood at Rs. 697.95 and Rs. 655.40 respectively. The current market cap of the company is Rs. 22882.33 crore.The promoters holding in the company stood at 30.30%, while Institutions and Non-Institutions held 49.49% and 20.20% respectively.Voltas has launched new Maha Adjustable Inverter AC. With this, the company has reinforced its leadership position in the cooling products space. Voltas’ Maha-Adjustable Inverter AC comes with the unique value proposition of ‘Flexible Air Conditioning’ that allows the user to choose from multiple tonnage options. Consumers have the ability to switch from 1.5 Ton to 1 Ton capacity or 2 Ton, depending on the ambient heat or number of people in the room; leading to savings and optimization of running cost. As a part of its 2020 product launch, the company has also launched 30 SKUs of its Voltas Fresh Air Coolers with Smart Humidity Controller and Turbo Air Throw, under various subcategories such as Personal, Window, Tower and Desert Air Coolers.Voltas Beko, a 50:50 venture between Arcelik and Voltas, has also launched a wide range of Refrigerators, including the Direct Cool refrigerator series. The StoreFresh technology in the Voltas Beko refrigerators enable 30 day freshness of fruits & vegetables. The company has also increased the portfolio of Washing Machines and Dishwashers. Voltas is among India’s leading air-conditioning, refrigeration and engineering services companies.

The total revenue for the quarter ended December 2019 remained nearly unchanged at Rs. 14074.00 millions.An average growth of 41.63% was recorded for the quarter ended December 2019 to Rs. 883.90  millions from Rs. 624.10 millions.Operating profit surged to 1229.40 millions from the corresponding previous quarter of 1064.20 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 14074.00 13842.60 1.67 52748.20 46524.50 13.38 66931.90 58322.60 14.76 Other Income 530.60 564.60 -6.02 2325.10 2034.00 14.31 2625.50 2371.00 10.73 PBIDT 1229.40 1064.20 15.52 6065.10 4988.40 21.58 6478.70 7134.70 -9.19 Interest 24.40 103.40 -76.40 50.60 151.30 -66.56 229.30 75.00 205.73 PBDT 1205.00 897.30 34.29 5522.80 4773.60 15.69 6505.10 7019.90 -7.33 Depreciation 68.90 50.30 36.98 203.00 147.50 37.63 197.10 192.30 2.50 PBT 1136.10 847.00 34.13 5319.80 4626.10 15.00 6308.00 6827.60 -7.61 TAX 252.20 222.90 13.14 1386.40 1236.50 12.12 1663.30 1815.30 -8.37 Deferred Tax 12.40 -42.70 -129.04 377.90 -103.70 -464.42 -151.00 65.40 -330.89 PAT 883.90 624.10 41.63 3933.40 3389.60 16.04 4644.70 5012.30 -7.33 Equity 330.80 330.80 0.00 330.80 330.80 0.00 330.80 330.80 0.00 PBIDTM(%) 8.74 7.69 13.62 11.50 10.72 7.24 9.68 12.23 -20.88

Voltas is currently trading at Rs. 667.00, down by 5.75 points or 0.85% from its previous closing of Rs. 672.75 on the BSE.The scrip opened at Rs. 674.60 and has touched a high and low of Rs. 681.20 and Rs. 658.35 respectively. So far 46219 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 725.45 on 29-Oct-2019 and a 52 week low of Rs. 501.65 on 14-Feb-2019.Last one week high and low of the scrip stood at Rs. 708.55 and Rs. 658.35 respectively. The current market cap of the company is Rs. 21974.06 crore.The promoters holding in the company stood at 30.30%, while Institutions and Non-Institutions held 49.65% and 20.06% respectively.Voltas has reported 6.38% rise in its net profit at Rs 157.90 crore for the quarter ended September 30, 2019 as compared to Rs 148.43 crore for the same quarter in the previous year. Total income of the company increased by 4.50% at Rs 1462.76 crore for Q2FY20 as compared Rs 1399.76 crore for the corresponding quarter previous year.On the consolidated basis, the company has reported a rise of 0.26% in its net profit at Rs 107.28 crore for the quarter under review as compared to Rs 107.00 crore for the same quarter in the previous year. Total income of the company increased by 1.85% at Rs 1494.56 crore for Q2FY20 as compared Rs 1467.44 crore for the corresponding quarter previous year.

Voltas is currently trading at Rs. 636.50, up by 1.60 points or 0.25% from its previous closing of Rs. 634.90 on the BSE.The scrip opened at Rs. 645.00 and has touched a high and low of Rs. 645.00 and Rs. 634.80 respectively. So far 6702 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 662.15 on 01-Jul-2019 and a 52 week low of Rs. 471.00 on 08-Oct-2018.Last one week high and low of the scrip stood at Rs. 645.00 and Rs. 626.55 respectively. The current market cap of the company is Rs. 21060.81 crore.The promoters holding in the company stood at 30.30%, while Institutions and Non-Institutions held 48.88% and 20.41% respectively.Voltas is eyeing a 20% volume growth during this fiscal year, despite widening slowdown. The company, which sold 1.25 million in FY19, is expecting volume to touch 1.5 million units by March.Voltas is among India’s leading air-conditioning, refrigeration and engineering services companies.

Voltas is currently trading at Rs. 642.25, up by 2.20 points or 0.34% from its previous closing of Rs. 640.05 on the BSE.The scrip opened at Rs. 644.00 and has touched a high and low of Rs. 644.00 and Rs. 640.90 respectively. So far 3919 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 662.15 on 01-Jul-2019 and a 52 week low of Rs. 471.00 on 08-Oct-2018.Last one week high and low of the scrip stood at Rs. 644.00 and Rs. 606.80 respectively. The current market cap of the company is Rs. 21178.28 crore.The promoters holding in the company stood at 30.30%, while Institutions and Non-Institutions held 48.88% and 20.41% respectively.Voltas has entered into partnership with Tata Power to promote energy efficient ACs in Mumbai. As part of the exclusive scheme, the consumers will be able to avail up to 50% discount on purchase of Voltas’ 5-star rated ACs. The partnership is in line with the Group’s energy conversation drive.Under the scheme, Tata Power’s consumers in the city can exchange their ACs for Voltas’ 5-star rated inverter split AC (1 ton, 1.5 ton and 2 ton). The scheme is open for residential segments of consumers, wherein one AC can be purchased under this scheme, and for the commercial segment, the customer can buy two ACs.Voltas is among India’s leading air-conditioning, refrigeration and engineering services companies.

Voltas is currently trading at Rs. 630.25, up by 4.40 points or 0.70% from its previous closing of Rs. 625.85 on the BSE.The scrip opened at Rs. 626.00 and has touched a high and low of Rs. 631.95 and Rs. 617.30 respectively. So far 82339 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 662.15 on 01-Jul-2019 and a 52 week low of Rs. 471.00 on 08-Oct-2018.Last one week high and low of the scrip stood at Rs. 631.95 and Rs. 586.00 respectively. The current market cap of the company is Rs. 20832.50 crore.The promoters holding in the company stood at 30.30%, while Institutions and Non-Institutions held 48.88% and 20.41% respectively.Voltas has received a Letter of Award (LoA) from Mumbai Metro Rail Corporation (MMRCL) for Environmental Control System (ECS) and Tunnel Ventilation System (TVS) works for Phase 2, Lot 2 Package comprising 8 out of total 27 stations, i.e. from Cuffe Parade to Grant Road station and tunnel upto Mumbai Central station.Mumbai Central ECS is not covered under Voltas scope and is part of the other package. The ECS and TVS works for the entire Line 3 has been divided into 3 packages and Voltas has received LoA for 1 package (value: Rs 233 crore approximately). The total value of 3 packages is over Rs 800 crore. Bid was submitted by company in February 2019 and was subject to various post-bid clarifications on technical aspects.Voltas is among India’s leading air-conditioning, refrigeration and engineering services companies.

Voltas is currently trading at Rs. 604.60, up by 13.30 points or 2.25% from its previous closing of Rs. 591.40 on the BSE.The scrip opened at Rs. 589.15 and has touched a high and low of Rs. 609.00 and Rs. 585.25 respectively. So far 74004 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 662.15 on 01-Jul-2019 and a 52 week low of Rs. 471.00 on 08-Oct-2018.Last one week high and low of the scrip stood at Rs. 616.20 and Rs. 579.10 respectively. The current market cap of the company is Rs. 20054.92 crore.The promoters holding in the company stood at 30.30%, while Institutions and Non-Institutions held 48.88% and 20.41% respectively.Voltas and Arcelik’s joint venture company -- Voltbek Home Appliances (Voltbek) has launched India`s first 5 Star rated washing machines. These products provide superior wash quality with minimal water usage and are energy efficient.The brand Voltas Beko has an extensive range of 5 star rated products including 21 models of Twin Tub, Semi-automatic Washing Machines with Dual Power Rain feature and 2 models of Front Load Washing Machines.Voltas is among India’s leading air-conditioning, refrigeration and engineering services companies.

The sales for the June 2019 quarter moved up 27.72% to Rs. 25368.00 millions as compared to Rs. 19862.50 millions during the corresponding quarter last year.Modest increase of 14.78% in the Net Profit was reported from. 1281.20 millions to Rs. 1470.50  millions.Operating profit for the quarter ended June 2019 rose to 2704.70 millions as compared to 1968.50 millions of corresponding quarter ended June 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 25368.00 19862.50 27.72 25368.00 19862.50 27.72 66931.90 58322.60 14.76 Other Income 473.10 291.20 62.47 473.10 291.20 62.47 2625.50 2371.00 10.73 PBIDT 2704.70 1968.50 37.40 2704.70 1968.50 37.40 6478.70 7134.70 -9.19 Interest 12.10 7.80 55.13 12.10 7.80 55.13 229.30 75.00 205.73 PBDT 2262.30 1960.70 15.38 2262.30 1960.70 15.38 6505.10 7019.90 -7.33 Depreciation 65.80 48.50 35.67 65.80 48.50 35.67 197.10 192.30 2.50 PBT 2196.50 1912.20 14.87 2196.50 1912.20 14.87 6308.00 6827.60 -7.61 TAX 726.00 631.00 15.06 726.00 631.00 15.06 1663.30 1815.30 -8.37 Deferred Tax 33.70 -39.50 -185.32 33.70 -39.50 -185.32 -151.00 65.40 -330.89 PAT 1470.50 1281.20 14.78 1470.50 1281.20 14.78 4644.70 5012.30 -7.33 Equity 330.80 330.80 0.00 330.80 330.80 0.00 330.80 330.80 0.00 PBIDTM(%) 10.66 9.91 7.58 10.66 9.91 7.58 9.68 12.23 -20.88

Voltas is currently trading at Rs. 600.30, up by 18.15 points or 3.12% from its previous closing of Rs. 582.15 on the BSE.The scrip opened at Rs. 583.90 and has touched a high and low of Rs. 603.40 and Rs. 583.25 respectively. So far 77912 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 662.15 on 01-Jul-2019 and a 52 week low of Rs. 471.00 on 08-Oct-2018.Last one week high and low of the scrip stood at Rs. 603.40 and Rs. 557.20 respectively. The current market cap of the company is Rs. 19884.52 crore.The promoters holding in the company stood at 30.30%, while Institutions and Non-Institutions held 48.88% and 20.41% respectively.Voltas has unveiled its Onam Celebration Offer, for its customers in Kerala. As a part of the offer, on purchase of Voltas or Voltas Beko products, consumers get the chance to win assured gifts through a scratch card, including the unique Onam Dream Home Pack worth Rs 1 lakh. The consumers also have the chance to win ACs, Refrigerators, Washing Machines, Water Dispensers and Microwaves, besides the assured chance of winning a branded football. Along with these gifts, consumers also have the facility to avail easy EMI finance through NBFCs, and 5% Cashback on select credit cards. The offer commences on August 1, 2019, and is valid till September 15, 2019.Voltas is among India’s leading air-conditioning, refrigeration and engineering services companies.

Voltas is currently trading at Rs. 589.50, up by 14.85 points or 2.58% from its previous closing of Rs. 574.65 on the BSE.The scrip opened at Rs. 582.00 and has touched a high and low of Rs. 605.25 and Rs. 582.00 respectively. So far 38206 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 641.55 on 01-Apr-2019 and a 52 week low of Rs. 471.00 on 08-Oct-2018.Last one week high and low of the scrip stood at Rs. 605.25 and Rs. 550.60 respectively. The current market cap of the company is Rs. 19422.93 crore.The promoters holding in the company stood at 30.30%, while Institutions and Non-Institutions held 48.78% and 20.92% respectively.Voltas has opened its new Brand Shop ‘REKO Electronic’, near Girja More, Asansol, West Bengal.The brand store features a well-designed and visually appealing display of new range of Voltas and Voltas Beko products, comprising Air Conditioners, Air Coolers, Commercial Refrigerators, Water Dispensers, Water Coolers, Refrigerators, Washing Machines, Microwaves and Dishwashers.Conveniently located in the heart of Asansol, the new brand shop would enhance Voltas` brand experience and visibility. The Brand Shop is being launched to meet the expectations of consumers from a growing city like Asansol with technologically advanced products of Voltas and Voltas Beko.Voltas is among India’s leading air-conditioning, refrigeration and engineering services companies.

Voltas is currently trading at Rs. 574.50, up by 1.30 points or 0.23 % from its previous closing of Rs. 573.20 on the BSE.The scrip opened at Rs. 539.80 and has touched a high and low of Rs. 580.05 and Rs. 537.00 respectively. So far 609129 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 641.55 on 01-Apr-2019 and a 52 week low of Rs. 471.00 on 08-Oct-2018.Last one week high and low of the scrip stood at Rs. 611.05 and Rs. 537.00 respectively. The current market cap of the company is Rs. 19058.96 crore.The promoters holding in the company stood at 30.30% while Institutions and Non-Institutions held 48.78 % and 20.92 % respectively.Voltas has reported a fall of 29.34% in its net profit at Rs 125.21 crore for the quarter ended March 31, 2019 as compared to Rs 177.21 crore for the same quarter in the previous year. However, total income of the company increased by 9.80% at Rs 2,099.89 crore for quarter under review as compared to Rs 1,912.44 crore for the quarter ended March 31, 2018.On consolidated basis, the company has reported fall of 27.01% in its net profit at Rs 141.74 crore for the quarter ended March 31, 2019 as compared to Rs 194.19 crore for the corresponding quarter in the FY18. However, total consolidated income of the company marginally rose 1.33% at Rs 2,120.02 crore for quarter under review as compared to Rs 2,092.17 crore for the same quarter ended previous year. For the year ended March 31, 2019, the company has posted a fall of 7.33% in its net profit at Rs 464.47 crore as compared to Rs 501.23 crore for the previous year. However, total income of company increased 14.60% at Rs 6,955.74 crore for year under review as compared to Rs 6,069.36 crore for year ended March 31, 2018.For the year ended March 31, 2019, on the consolidated basis, the company has posted fall of 11.08% in its net profit at Rs 513.88 crore as compared to Rs 577.90 crore for the previous year. However, total income of company increased by 10.73% at Rs 7,310.32 crore for year under review as compared to Rs 6,602.00 crore for year ended March 31, 2018.

A fair growth of 9.54% in the revenue at Rs. 20407.40 millions was reported in the March 2019 quarter as compared to Rs. 18629.90 millions during year-ago period.The Net proft of the company remain more or less same to Rs. 1255.10  millions from Rs. 1772.10 millions ,decline by -29.17%.The Operating Profit of the company witnessed a decrease to 1490.30 millions from 2432.70 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201803 201703 % Var Sales 20407.40 18629.90 9.54 66931.90 58322.60 14.76 58322.60 54725.80 6.57 Other Income 591.50 494.50 19.62 2625.50 2371.00 10.73 2371.00 2673.40 -11.31 PBIDT 1490.30 2432.70 -38.74 6478.70 7134.70 -9.19 7134.70 6848.10 4.19 Interest 78.00 34.00 129.41 229.30 75.00 205.73 75.00 96.60 -22.36 PBDT 1731.50 2496.70 -30.65 6505.10 7019.90 -7.33 7019.90 6691.40 4.91 Depreciation 49.60 47.80 3.77 197.10 192.30 2.50 192.30 181.20 6.13 PBT 1681.90 2448.90 -31.32 6308.00 6827.60 -7.61 6827.60 6510.20 4.88 TAX 426.80 676.80 -36.94 1663.30 1815.30 -8.37 1815.30 1648.30 10.13 Deferred Tax -47.30 2.10 -2352.38 -151.00 65.40 -330.89 65.40 -0.30 -21900.00 PAT 1255.10 1772.10 -29.17 4644.70 5012.30 -7.33 5012.30 4861.90 3.09 Equity 330.80 330.80 0.00 330.80 330.80 0.00 330.80 330.80 0.00 PBIDTM(%) 7.30 13.06 -44.07 9.68 12.23 -20.88 12.23 12.51 -2.24