Voltas Ltd
Fortune 500 2024
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OVERVIEW
FINANCIALS
NEWS
About
Voltas Limited, established in 1954 is a listed company and part of the leading Indian multinational Tata group which has operations in over 100 countries across 6 continents. The firm came into existence when the Swiss based Volkart Brothers joined hands with Tata Sons Ltd. over 6 decades ago. Voltas is India's largest air conditioning company and offers a comprehensive range of cooling & home appliances including air conditioners, coolers, purifiers, refrigerators among other things. The company is currently chaired by Noel Tata. Voltas has successfully finished numerous international projects, such as providing air conditioning for the Burj Khalifa, the tallest building in the world.
Incorporation Year: 1954
Headquarters: Mumbai, India
Top Management: Tata Group
Industry: Consumer Durables
Website: www.voltas.com
Featured In Fortune India Ranking
Fortune 500 India
#189(2024)
#226(2023)
#217(2022)
#193(2021)
#179(2020)
#197(2019)
#215(2018)
#198(2017)
#213(2016)
#214(2015)
#212(2014)
#191(2013)
#187(2012)
#155(2011)
#140(2010)
#189(2024)#226(2023)#217(2022)#193(2021)#179(2020)#197(2019)#215(2018)#198(2017)#213(2016)#214(2015)#212(2014)#191(2013)#187(2012)#155(2011)#140(2010)
Ranking Trend Fortune 500 India
Financial Data 2024
Revenue
13,126
(INR Cr)
Net Operating Income
12,481
(INR Cr)
Assets
6,715
(INR Cr)
Profit
252
(INR Cr)
Net Worth
5,821
(INR Cr)
Fortune India Coverage
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 13126 39.7% | 9394 13.2% | 8302 11.2% | 7465 -8.9% | 8191 7.9% | 7591 17.2% | 6479 0.7% | 6436 10.2% | 5840 6.0% | 5511 4.6% | 5270 -10.3% | 5877 8.3% | 5425 0.2% | 5414 9.6% | 4942 7.5% | 4599 - |
| Net Operating Income (INR Cr) | 12481 31.40% | 9499 19.72% | 7934 5.01% | 7556 -1.34% | 7658 7.50% | 7124 11.24% | 6404 6.16% | 6033 5.47% | 5720 10.36% | 5183 -1.58% | 5266 -4.79% | 5531 6.66% | 5186 -0.11% | 5191 9.12% | 4757 9.98% | 4326 35.06% |
| Profit (INR Cr) | 252 86.7% | 135 -73.2% | 504 -4.0% | 525 1.5% | 517 1.8% | 508 -11.3% | 572 10.6% | 517 33.7% | 387 0.7% | 384 56.6% | 245 18.1% | 208 28.2% | 162 -54.6% | 357 -6.2% | 381 51.6% | 251 - |
| Assets (INR Cr) | 6715 7.3% | 6258 3.9% | 6026 11.5% | 5406 16.2% | 4655 2.4% | 4545 9.1% | 4168 15.8% | 3598 12.8% | 3191 34.7% | 2368 6.8% | 2217 9.9% | 2018 10.5% | 1826 13.6% | 1608 41.7% | 1134 14.9% | 987 - |
| Net Worth (INR Cr) | 5821 6.8% | 5452 -0.9% | 5500 10.1% | 4993 16.7% | 4280 4.1% | 4110 5.2% | 3905 18.1% | 3307 17.6% | 2811 33.7% | 2102 15.5% | 1819 11.9% | 1626 10.0% | 1478 8.5% | 1362 25.5% | 1085 37.4% | 790 36.8% |
| Employee Cost (INR Cr) | 779 16.7% | 667 8.0% | 618 2.7% | 602 -10.4% | 672 4.7% | 642 9.4% | 587 -5.1% | 618 -2.6% | 635 7.7% | 590 -0.8% | 595 -7.8% | 645 7.5% | 600 7.6% | 557 5.6% | 528 16.2% | 454 - |
| Interest Cost (INR Cr) | 56 | 30 | 26 | 26 | 21 | 33 | 12 | 16 | 16 | 23 | 23 | 33 | 31 | 17 | 10 | 13 |
| Cash & Bank Balance (INR Cr) | 852 | 708 | 572 | 459 | 308 | 321 | 284 | 331 | 185 | 252 | 282 | 350 | 271 | 489 | 469 | 457 |
| Total Debt (INR Cr) | 744 | 651 | 361 | 261 | 219 | 315 | 142 | 171 | 271 | 122 | 264 | 262 | 225 | 138 | 35 | 181 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 1.9% | 1.4% | 6.1% | 7.0% | 6.3% | 6.7% | 8.8% | 8.0% | 6.6% | 7.0% | 4.7% | 3.5% | 3.0% | 6.6% | 7.7% | 5.5% |
| Profit As % Of Assets | 3.8% | 2.2% | 8.4% | 9.7% | 11.1% | 11.2% | 13.7% | 14.4% | 12.1% | 16.2% | 11.1% | 10.3% | 8.9% | 22.2% | 33.6% | 25.5% |
| Profit As % Of Networth | 4.3% | 2.5% | 9.2% | 10.5% | 12.1% | 12.4% | 14.7% | 15.7% | 13.8% | 18.3% | 13.5% | 12.8% | 11.0% | 26.2% | 35.1% | 31.8% |
| Interest Cost to EBITDA % | 16.6% | 14.2% | 4.5% | 4.5% | 3.7% | 6.0% | 1.8% | 2.9% | 3.7% | 10.6% | 8.5% | 25.0% | 52.6% | 3.6% | 2.2% | 4.7% |
| Debt to Equity Ratio | 0.13 | 0.12 | 0.07 | 0.05 | 0.05 | 0.08 | 0.04 | 0.05 | 0.10 | 0.06 | 0.15 | 0.16 | 0.15 | 0.10 | 0.03 | 0.23 |
| RONW | 4.4% | 4.5% | 9.6% | 11.4% | 12.4% | 12.8% | 16.0% | 17.0% | 13.8% | 17.6% | 14.2% | 13.2% | 15.1% | 28.4% | 40.4% | 36.8% |
| ROCE | 8.4% | 9.5% | 12.7% | 14.7% | 16.8% | 16.4% | 21.2% | 21.9% | 18.0% | 21.1% | 17.2% | 16.3% | 20.7% | 39.4% | 51.0% | 46.9% |