Company Valuation: Voltas Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 412,084 270,746 365,148 482,662 421,150 398,716 - -
Change - -34.3% 34.87% 32.18% -12.74% -5.33% - -
Enterprise Value (EV) 1 409,975 269,822 363,758 484,512 423,005 383,700 383,367 375,977
Change - -34.19% 34.81% 33.2% -12.69% -9.29% -0.09% -1.93%
P/E 81.8x 201x 145x 57.4x 112x 53.2x 37.2x 29.6x
PBR 7.49x 4.97x 6.27x 7.41x 6.6x 5.78x 5.2x 4.71x
PEG - -2.7x 1.7x 0x -2x 0.5x 0.9x 1.1x
Capitalization / Revenue 5.19x 2.85x 2.93x 3.13x 2.96x 2.38x 2.03x 1.78x
EV / Revenue 5.17x 2.84x 2.91x 3.14x 2.97x 2.29x 1.96x 1.68x
EV / EBITDA 60.2x 47.1x 76.6x 43.4x 65.4x 37.1x 27.3x 22.9x
EV / EBIT 63.6x 50.6x 85.2x 46x 75.2x 41.1x 29.6x 24.3x
EV / FCF 76.5x -1,494x 76.9x -112x -685x 70.4x 57.2x 50.2x
FCF Yield 1.31% -0.07% 1.3% -0.89% -0.15% 1.42% 1.75% 1.99%
Dividend per Share 2 5.5 4.25 5.5 7 4 6.783 8.832 10.85
Rate of return 0.44% 0.52% 0.5% 0.48% 0.31% 0.56% 0.73% 0.9%
EPS 2 15.23 4.08 7.62 25.43 11.35 22.64 32.37 40.77
Distribution rate 36.1% 104% 72.2% 27.5% 35.2% 30% 27.3% 26.6%
Net sales 1 79,344 94,988 124,812 154,128 142,445 167,508 195,998 223,795
EBITDA 1 6,816 5,724 4,746 11,162 6,469 10,347 14,059 16,402
EBIT 1 6,443 5,328 4,270 10,544 5,628 9,344 12,971 15,500
Net income 1 5,041 1,350 2,520 8,414 3,759 7,574 10,739 13,480
Net Debt 1 -2,108 -924.1 -1,390 1,851 1,855 -15,016 -15,349 -22,739
Reference price 2 1,245.40 818.25 1,103.55 1,458.70 1,272.80 1,205.00 1,205.00 1,205.00
Nbr of stocks (in thousands) 330,885 330,885 330,885 330,885 330,885 330,885 - -
Announcement Date 5/5/22 26/4/23 7/5/24 7/5/25 14/5/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
53.23x2.29x37.08x0.56% 4.2B
29.11x4.19x20.5x0.93% 96.84B
29.19x3.65x19.56x1.16% 84.35B
28.19x2.48x12.06x1.72% 47.19B
20.92x1.13x8.13x1.72% 36.41B
15.92x2.51x11.42x1.36% 13.04B
25.87x1.51x14.83x3.97% 12.16B
26.36x2.31x13.44x1.15% 8.89B
16.14x2.14x10.42x2.46% 7.95B
25.83x1.96x15.06x1.23% 7.17B
Average 27.08x 2.42x 16.25x 1.63% 31.82B
Weighted average by Cap. 27.24x 3.09x 16.64x 1.38%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. VOLTAS Stock
  4. Valuation Voltas Limited