Consumer DurablesLarge capRs 40,854 crRs 76.3 cr traded a dayManufacturing
Close on 2026-08-21
1,235.00
+1.27%
52-week range5% of the way up
1,219.501,561.30
Market cap
40,854 cr
P/E (TTM)
75.5×
industry 44×
EPS (TTM)
16.37
Revenue YoY
-5.0%
Q1 FY27
Profit YoY
-36.5%
Net margin
4.6%
-2.3pt vs a year ago
Growth trend
-21.3pt
vs last quarter’s YoY
1 month
-5.7%
Below 52w high
26.4%
RSI (14)
32
Daily swing
2.9%
average true range
Volume
0.6×
vs 20-day average
Traded
Rs 76 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
1 week
−6.47%
1 month
−5.74%
3 months
−2.86%
6 months
−20.04%
1 year
−14.27%
The read
written from the numbers on this page
The evidence is mixed4 supporting, 5 against, 0 worth knowing
Supporting
matches near a 52-week low, which has beaten the market by +0.45 points over 20 sessions across 47,393 past signals
3 independent kinds of evidence agree today, which is uncommon
futures show a long buildup — the move is being funded by new positions
the future trades at a 0.61% premium to spot
Against
trading 9% below its 200-day average
at 5% of its 52-week range — nearly everyone who bought in the past year is underwater
down 14% over twelve months
revenue fell 5% year on year in the quarter ending 2026-06-30
priced at 75× earnings against an industry median of 44× — 70% above its peers
Worth knowing
nothing the data supports either way
VOLTAS sits in Manufacturing — worth checking whether the whole group is moving together or whether this name is doing it alone.
What would change this read: a close back above 1,362, its 200-day average; open interest reversing while price keeps going.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
read from the filings, with the figure behind every line
Working3
Revenue +78.4% year on year, Rs 2,619 cr to Rs 4,674 cr.
+78.4%Rs 2,619 crRs 4,674 cr
Net profit +60.2% year on year, Rs 133 cr to Rs 213 cr.
+60.2%Rs 133 crRs 213 cr
Borrowings are 0.15 times owners' equity, Rs 966 cr against Rs 6,376 cr.
0.15Rs 966 crRs 6,376 cr
Needs watching3
Operating cash flow was only Rs 71 cr against Rs 541 cr of reported profit, 13% of it.
Rs 71 crRs 541 cr13%
Segment - A ( Unitary Cooling Products ) is 82% of revenue, so the business rests on one segment.
Segment - A ( Unitary Cooling Products )82%
Profit grew slower than revenue, +60.2% against +78.4%.
+60.2%+78.4%
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.
How it has performed
price return over each window, measured against zero
What the scans say today
4 of 47 matched on 2026-08-21
VOLTAS matches 4 of the 47 scans today, across 3 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
segments and revenue mix, as the company reports them
VOLTAS reports 3 business segments. The largest is Segment - A ( Unitary Cooling Products ) at 82% of revenue in the quarter ending 2026-06-30. On these numbers this is effectively a single-segment business, so the group result and that segment’s result move together.
SegmentRevenueSharevs a year ago
Segment - A ( Unitary Cooling Products )3,794 cr82.0%—
Segment - B ( Electro - Mechanical Projects and Services )672 cr14.5%—
Segment - C ( Engineering Products and Services )159 cr3.4%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 2026-03-31
Return on equity
8.5%
trailing profit over shareholders’ funds
Return on capital
12.5%
pre-tax profit over equity plus borrowings
Debt to equity
0.15×
966 cr borrowed against 6,376 cr of equity
Net debt
211 cr
borrowings less cash
Cash conversion
13%
operating cash flow as a share of profit
Receivable days
70
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
500 sessions since 2024-09-06
59×
median 67×
132×
now 75×
VOLTAS trades at 75× trailing earnings, above its median of 67× over this window — 13% more expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352) · Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · Board meeting filings were typically -0.04pt vs the market over the next 5 sessions (n=5,458)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
net margin widened from 2.3% to 4.6%
Going against it
revenue fell 5% against the same quarter a year earlier
profit dropped 36% year on year
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · consolidated
4,674
323
213
6.46
4.6%
Q4 FY26
2026-03-31 · consolidated
4,888
221
113
3.51
2.3%
Q3 FY26
2025-12-31 · consolidated
3,071
148
84
2.57
2.8%
Q3 FY25
2024-12-31 · consolidated
3,105
223
131
3.99
4.2%
Q2 FY25
2024-09-30 · consolidated
2,619
238
133
4.05
5.1%
Q1 FY25
2024-06-30 · consolidated
4,921
481
335
10.10
6.8%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-5.5%
Versus 200-day average-9.3%
Below 52-week high-20.9%
Above 52-week low+1.3%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)32.2
Higher closes in last 51 of 5
Six-month return−20.04%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)2.88%
Volume versus 20-day0.6x
Median daily turnoverRs 76.3 cr
Derivatives
near expiry 2026-08-25 · 2026-08-20
Long Buildup
Price up, open interest up. New buyers are arriving rather than old sellers leaving — the move is being funded, not squeezed.
Futures basis versus spot+0.61%
Open interest change+1.1%
Put / call ratio0.48
Put wall (support)1,300
Call wall (resistance)1,300
Max pain1,280
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.
Peers
Consumer Durables · 40 classified companies
VOLTAS trades at 75.5× trailing earnings against an industry median of 44.4× across 35 other classified companies in its industry — more expensive than them, by 70%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.