VOLTASNSEVoltas Limited· EngineeringMediumNeutral
Announced Wed, 20 May · 19:52 IST

Voltas Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedInvestor Communications View source PDF

VOLTAS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹1298.00
prior close
₹1300.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2+0.1-0.4-0.7-2.3-0.7-1.9-2.6-3.1-4.4-1.1+4.1+4.9
Up moveDown movePending
AI summary

Voltas reported Q4 FY26 consolidated total income of INR 4,930 crores (flat YoY), but net profit declined sharply to INR 113 crores from INR 236 crores, impacted by commodity inflation, currency depreciation, and a weak prior-year summer. Full-year FY26 net profit fell to INR 377 crores from INR 834 crores. The UCP (cooling) segment margins collapsed to ~3.2% in FY26 from 8.4% in FY25 due to input cost pressures and demand weakness. Management took price hikes of 5-10% on new product models and an additional 2-3% for commodity costs. The GST rate reduction from 28% to 18% provided some cushioning. MEP segment order book stands at INR 6,200 crores providing revenue visibility. Management guided for progressive margin recovery toward FY25 levels, contingent on demand sustained and further price pass-throughs. Current summer season showing positive traction with strong secondary sales.

Likely market impact

Margins remain significantly depressed due to cost pressures but management expects gradual recovery as price hikes are absorbed and summer demand sustains. Voltas maintains strong market leadership in RAC with a 5.1% gap to nearest competitors, positioning it to benefit from any demand upturn.