Voltas Limited Share Price and Company Fundamentals



Price
₹981.4
Change
5.300 (0.543%)
52 week
922.55 - 1356.9

Last traded: Today at 5:04 AM

Voltas Limited operates as an air conditioning and engineering company primarily in India, the Middle East, Singapore, and internationally. It operates through three segments: Unitary Cooling Products for Comfort and Commercial Use; Electro-Mechanical Projects and Services; and Engineering Products and Services. The company manufactures, sells, and services cooling appliances and cold storage products, such as air conditioners, air coolers, freezers, visi coolers, water dispensers, variable refrigerant flow, and chillers. It also undertakes electro-mechanical projects, including electrical; heating, ventilation, and air conditioning projects; and plumbing, firefighting, extra low voltage, and specialized activities. In addition, the company provides facilities maintenance and hard services, such as operations and maintenance contracts in various sectors, AMCs, retrofits and energy management, etc. Further, it engages in the provision of water treatment solutions for industrial, oil and gas, and sewage segments; sale and service of capital machinery for textile industry; sale of spares and accessories for textile equipment; and sale of mining and construction equipment. Additionally, the company offers operations and maintenance services for mining and construction industry; manufactures ducts and duct accessories; and undertakes engineering, procurement, and construction projects. It also engages in the drilling, irrigation, and landscaping activities; and construction of water treatment plants. Voltas Limited was incorporated in 1954 and is headquartered in Mumbai, India.

Key Metrics

PE ratio

63.40

PB ratio

5.81

Dividend yield

0.56%

Beta

0.61

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSpecialty Industrial Machinery / Industrials
Full time employees2576
Websitehttps://www.voltas.com
Mailing addressVoltas House A Block Dr. Babasaheb Ambedkar Road Chinchpokli Mumbai 400033 India
Phone / Fax91 22 6665 6666 / 91 22 6665 6311

Dividends

Dividend yield

0.56%

Dividend amount

₹5.50

Payout ratio

32.83%

5Y Avg. yield

0.58%

Voltas Limited paid ₹5.50 dividend and the ex-dividend date was 09 June 2022.The dividend payout ratio is 32.83%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.VOLTAS dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

VOLTAS's forward dividend amount is ₹5.5 and the forward dividend yield is 0.57%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Voltas Limited.

NameTitleAgeTotal Pay
Mr. Pradeep Kumar Bakshi B.Sc., D. M. M.CEO, MD & Exec. Director5966.28M
Mr. Jitender Pal VermaChief Financial Officer56
Mr. Kalyanaraman VisweswaranVP & Operations Director of International Operations Bus. Group62
Mr. Manish DesaiHead of Corp. Fin.
Mr. Varun P. MalhotraVP of Taxation & Legal, Compliance Officer and Company Sec.57
Mr. B. N. GarudacharSr. Gen. Mang. of Corp. Communications Department65
Mr. Narendren NairChief HR Officer & Exec. VP51
Mr. Prabhuajgaonkar G. BalkrishnaCFO of Projects & VP of Fin.63
Utsav ShahChief Financial Officer of Corp. Fin. and Sr. Gen. Mang. of Property Devel. Cell60
Mr. Dinesh SinghVP & Chief Strategy Officer of Corp. Planning53

Profitability and management effectiveness

Profit margin

6.35%

Operating margin

8.44%

Return on assets

4.55%

Return on equity

9.58%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Voltas Limited is and its enterprise value is .

The VOLTAS's stocks Beta value is 0.61 making it 39% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Voltas Limited (NSE:VOLTAS) Frequently Asked Questions

1. What is Voltas Limited's Stock Symbol?

Voltas Limited trades on NSE under the ticker symbol "VOLTAS".

2. What is Voltas Limited's stock price today?

One share of VOLTAS stock can currently be purchased for approximately ₹981.4.

3. How can I contact Voltas Limited?

Voltas Limited's mailing address is Voltas House A Block Dr. Babasaheb Ambedkar Road Chinchpokli Mumbai 400033 India. The company can be reached via phone at 91 22 6665 6666.

4. What is Voltas Limited's official website?

The official website of Voltas Limited is https://www.voltas.com.