- Voltas reported a net income of 342.9 million rupees, which missed analysts’ estimates of 889.5 million rupees.
- The company generated revenue of 23.47 billion rupees, falling short of the expected 24.61 billion rupees.
- Revenue from the Unitary Cooling segment stood at 12.15 billion rupees.
- Voltas’ Engineering Products & Services segment recorded revenue of 1.39 billion rupees.
- Other income for the company amounted to 646.1 million rupees.
- Investment analyst recommendations for Voltas include 17 buys, 16 holds, and 8 sells.
Voltas Ltd on Smartkarma
Analyst coverage of Voltas Ltd on Smartkarma reveals insights from Nitin Mangal, who authored the report titled “Voltas Ltd: Forensic Analysis”. In the report, it is highlighted that Voltas Ltd, a well-known player in the Indian household sector, is facing challenges related to revenue recognition, capital allocation, and market share. The company, traded as VOLT IN, specializes in air conditioning and cooling technology, offering services across various industrial sectors in India and internationally. However, issues such as revenue recognition policies, capital allocation concerns, and a decline in market share are addressed in the analysis.
A look at Voltas Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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 is positioned for a positive long-term outlook. With a strong momentum score of 4, the company is showing impressive growth trends that are expected to continue. Additionally, Voltas scores well in areas of dividend, growth, and resilience with scores of 3 each, indicating stability and potential for future expansion. While the value score is slightly lower at 2, overall, Voltas Ltd appears to be a promising investment choice.
Voltas Limited is known for providing engineering solutions across various industries including heating, ventilation, air conditioning, refrigeration, and more. With a diversified portfolio that includes projects in mining, construction equipment, water management, and indoor air quality, Voltas has established itself as a leading player in the engineering sector. The company’s strong Smartkarma Smart Scores reflect its robust performance across key financial factors, hinting at a bright future ahead.
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.
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