- Net Income: Voltas reported a net income of 3.34 billion rupees, significantly higher compared to 1.29 billion rupees last year and exceeding the estimate of 2.41 billion rupees.
- Revenue: The company’s total revenue increased by 46% year-over-year to 49.2 billion rupees, surpassing the estimated 45.33 billion rupees.
- Unitary Cooling Segment: Revenue in this segment rose by 51% year-over-year to 38 billion rupees, although it fell short of the estimated 45.54 billion rupees.
- Electro-Mechanical Projects Segment: This segment saw a 40% year-over-year increase in revenue, reaching 9.49 billion rupees, which is above the estimated 7.48 billion rupees.
- Engineering Products & Services: Revenue for this segment came in at 1.61 billion rupees, a 13% increase year-over-year, and slightly above the estimate of 1.52 billion rupees.
- Total Costs: The company’s total costs rose by 41% year-over-year to 45.2 billion rupees.
- Other Income: Voltas reported other income of 802.5 million rupees, marking a 15% increase year-over-year.
- Analyst Ratings: The company has received 17 buy recommendations, 13 hold recommendations, and 10 sell recommendations.
Voltas Ltd on Smartkarma
Analyst coverage of Voltas Ltd on Smartkarma has highlighted concerns about margin pressures in the industry, as detailed in the report by Pranav Bhavsar. Titled “[#22] Namaste India 🙏 | Voltas Ltd (VOLT IN) | Margin Pressure to Continue,” the research indicates that Voltas Ltd is facing challenges in maintaining margins while actively seeking to increase its market share. The report also discusses other companies such as PNB Housing Finance Ltd, Vedant Fashions, and Bandhan Bank Ltd, providing insights into the broader industry landscape.
Pranav Bhavsar‘s analysis leans bearish on Voltas Ltd, reflecting the current industry environment where margin pressures are a significant concern. The report mentions Varun Beverages and Schaeffler India as noteworthy companies to explore further, offering valuable information for investors looking to gain a deeper understanding of the market dynamics affecting Voltas Ltd and its peers.
A look at Voltas Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Voltas Ltd appears to have a promising long-term outlook. The company has strong resilience and momentum, scoring high in those areas. With a focus on providing engineering solutions across various industries such as HVAC, refrigeration, and construction equipment, Voltas Ltd seems well-positioned to weather market fluctuations and maintain its growth trajectory. While the scores for value and growth are moderate, the above-average score for dividends indicates a commitment to rewarding shareholders.
Voltas Limited, known for its diverse offerings in engineering solutions for industries ranging from HVAC to water management, appears to have a solid foundation for future growth. The company’s high score in resilience suggests a capacity to adapt to changing market conditions, while its momentum score indicates positive upward movement. Despite moderate scores in value and growth, Voltas Ltd‘s emphasis on dividends highlights a shareholder-friendly approach. Overall, Voltas Ltd seems poised to leverage its expertise across multiple sectors to drive continued success in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
