Voltas has established itself as a leading player as a provider of air conditioning and engineering solutions in India, due to its strong brand image and cutting-edge offerings.
As the stock market continues to be a popular investment option for many, the question arises – is Voltas a good auto stock to buy? This question is particularly relevant for investors who are looking for long-term investment options.
In this article, we will explore Voltas share price target for the next 7 years, from 2023 to 2030. We will analyze the company’s financial performance, market trends, and other relevant factors to determine whether investing in Voltas is a good decision.
Whether you are a seasoned investor or a first-time buyer, this article will provide valuable insights into the future prospects of Voltas and help you make informed investment decisions.
About the Company
Voltas is an Indian multinational company that manufactures air conditioning and engineering solutions. It is one of the largest manufacturers of air conditioning solutions in India and the Middle East. Founded in 1954, Voltas is a Tata Group company and it has been recognized as one of the most trusted and reliable brands in India. The company also provides engineering solutions for a range of industrial applications. Its product range includes air conditioners, cooling towers, chillers, industrial refrigeration systems, HVAC solutions, and water treatment systems.
Voltas has a presence in over 60 countries and is dedicated to providing innovative and energy-efficient solutions to its customers. Voltas has a strong pan-India presence, with a network of over 800 dealers and distributors and more than 1,200 service centers. In addition, Voltas is committed to sustainability and is actively engaged in eco-friendly initiatives. By providing solutions that are tailored to the needs of its customers, Voltas has become a trusted name in the air conditioning and engineering solutions industry.
Voltas is a market leader in the air conditioning and engineering solutions space in India, with a wide range of products and services catering to different segments.
Stock Price History of Voltas
The stock history of Voltas dates back to its listing on the National Stock Exchange of India on December 8, 1993. Since then, the stock has seen significant growth, with its share price increasing from Rs. 17.50 in 1993 to Rs. 531.90 as of March 16, 2021.
Voltas has seen a steady increase in its share price over the past few decades, with its stock reaching an all-time high of Rs. 644.40 in January 2020. The stock has seen a recent dip due to the COVID-19 pandemic but is still up significantly from its 1993 listing price.
The company has seen a steady increase in revenue and profits over the years and is well-positioned to benefit from the growth of the Indian economy in the future. Voltas also has a strong presence in the air conditioning and engineering space, which is likely to see continued growth in the years ahead.
As of February 2023, the stocks are trading at Rs. 849.5.
Voltas in Recent News
- Voltas Shares gain 3.15% as Sensex falls. [11-Feb-2023 ].
- Voltas reported a consolidated net loss of Rs 110 crore in Q3 FY23 as against a net profit of Rs 97 crore in Q3 FY22. [11-feb-2023].
How to buy Voltas shares? [ Online / Offline ]
To buy Voltas shares, you need to open a demat and trading account with a registered stockbroker. After that, you can log in to your account, search for Voltas, and place an order to buy the stock. The order will be executed once the price of the stock reaches the limit price you specified. Once the transaction is completed, the shares will be credited to your demat account.
You can also buy shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Share Price Prediction of Voltas: 2023 to 2030
Share Price Target 2023 of Voltas is ₹1,096.84
| When | Maximum Price | Minimum Price |
| February 2023 | ₹860.53 | ₹728.87 |
| March 2023 | ₹855.15 | ₹771.65 |
| April 2023 | ₹874.46 | ₹718.82 |
| May 2023 | ₹862.05 | ₹732.35 |
| June 2023 | ₹674.46 | ₹518.82 |
| July 2023 | ₹809.35 | ₹622.58 |
| August 2023 | ₹890.29 | ₹684.84 |
| September 2023 | ₹934.80 | ₹719.08 |
| October 2023 | ₹890.29 | ₹684.84 |
| November 2023 | ₹979.32 | ₹753.32 |
| December 2023 | ₹1,096.84 | ₹843.72 |
The table shows the predicted share price of Voltas for the year 2023. The maximum price for February 2023 is ₹860.53 and the minimum price is ₹728.87, a growth percentage of 17.97%. Similarly, the maximum price for March 2023 is ₹855.15 and the minimum price is ₹771.65, a growth percentage of 9.88%.
The share price of Voltas is expected to continue its bullish trend, with a predicted uptrend in the coming months. The highest maximum price is expected in November 2023 at ₹979.32 and the lowest minimum price is predicted in June 2023 at ₹518.82.
The overall growth percentage for the year 2023 is expected to be around 20%. This table presents a positive outlook for Voltas shareholders and investors can expect a steady increase in their investments.
Share Price Target 2024 of Voltas is ₹1,535.62
| When | Maximum Price | Minimum Price |
| January 2024 | ₹1,154.57 | ₹888.13 |
| February 2024 | ₹1,297.26 | ₹1,081.05 |
| March 2024 | ₹1,365.54 | ₹1,110.20 |
| April 2024 | ₹1,241.40 | ₹954.92 |
| May 2024 | ₹1,034.50 | ₹795.77 |
| June 2024 | ₹1,241.40 | ₹954.92 |
| July 2024 | ₹1,055.19 | ₹817.98 |
| August 2024 | ₹1,160.71 | ₹921.20 |
| September 2024 | ₹1,218.75 | ₹937.50 |
| October 2024 | ₹1,433.82 | ₹1,102.94 |
| November 2024 | ₹1,505.51 | ₹1,158.08 |
| December 2024 | ₹1,535.62 | ₹1,181.25 |
According to the table, the maximum price for January 2024 is ₹1,154.57 and the minimum price is ₹888.13, a growth percentage of 27.86%. This bullish trend continues in the coming months, with the highest maximum price expected in October 2024 at ₹1,433.82 and the lowest minimum price in May 2024 at ₹795.77. The overall growth percentage for the year 2024 is expected to be around 34%.
This positive outlook is a good indication for Voltas shareholders, who can expect a significant increase in their investments. The maximum share price target for 2024 is ₹1,535.62 and the minimum share price target is ₹795.77. These predictions indicate a bright future for Voltas, and investors can look forward to a profitable year in 2024.
Share Price Target 2025 of Voltas is ₹1,862.73
| When | Maximum Price | Minimum Price |
| January 2025 | ₹1,566.33 | ₹1,204.87 |
| February 2025 | ₹1,648.77 | ₹1,268.29 |
| March 2025 | ₹1,731.21 | ₹1,331.70 |
| April 2025 | ₹1,545.72 | ₹1,189.02 |
| May 2025 | ₹1,405.20 | ₹1,080.93 |
| June 2025 | ₹1,545.72 | ₹1,189.02 |
| July 2025 | ₹1,472.12 | ₹1,132.40 |
| August 2025 | ₹1,533.46 | ₹1,179.58 |
| September 2025 | ₹1,610.13 | ₹1,238.56 |
| October 2025 | ₹1,706.74 | ₹1,312.87 |
| November 2025 | ₹1,826.21 | ₹1,404.77 |
| December 2025 | ₹1,862.73 | ₹1,432.87 |
The table provides Voltas’ predicted share price target for the year 2025. The maximum price for January 2025 is ₹1,566.33 and the minimum price is ₹1,204.87, a growth percentage of 16.53%. This positive trend continues in the coming months, with the highest maximum price expected in November 2025 at ₹1,826.21 and the lowest minimum price in May 2025 at ₹1,080.93. The overall growth percentage for the year 2025 is expected to be around 19%.
This bullish outlook is a positive sign for Voltas shareholders, who can anticipate a substantial increase in their investments. The maximum share price target for 2025 is ₹1,862.73 and the minimum share price target is ₹1,080.93.
Voltas Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹1,303.91 | ₹912.74 |
| 2027 | ₹1,108.33 | ₹775.83 |
| 2028 | ₹1,994.99 | ₹1,396.49 |
| 2029 | ₹4,098.01 | ₹2,868.61 |
| 2030 | ₹4,563.69 | ₹3,194.58 |
According to the table, the Voltas share price target for the period 2026 to 2030 presents a varied outlook. In 2026, the maximum price is expected to be ₹1,303.91 and the minimum price is ₹912.74. This shows a moderate increase in the share price, but with a growth percentage of only 12.56%.
The year 2027 is expected to see a dip in the share price with a maximum price of ₹1,108.33 and a minimum price of ₹775.83, a growth percentage of only 8.19%. However, this trend is short-lived as the share price experiences a substantial hike in 2028 with a maximum price of ₹1,994.99 and a minimum price of ₹1,396.49, a growth percentage of 46.24%.
The years 2029 and 2030 present an even more optimistic outlook with maximum prices of ₹4,098.01 and ₹4,563.69, respectively, and minimum prices of ₹2,868.61 and ₹3,194.58. The overall growth percentage for these two years is around 100%.
These projections suggest that Voltas’ share price has a lot of room for growth in the coming years and could be a wise investment decision.
Financial Condition of Voltas: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Sales | 6,404.38 | 7,124.07 | 7,658.08 | 7,555.78 | 7,934.45 |
| Expenses | 5,741.70 | 6,563.66 | 7,040.12 | 6,975.39 | 7,362.07 |
| Operating Profit | 662.68 | 560.41 | 617.96 | 580.39 | 572.38 |
| Other Income | 178.50 | 173.96 | 179.41 | 188.86 | 188.05 |
| Depreciation | 24.35 | 23.98 | 31.96 | 33.89 | 37.26 |
| Interest | 11.92 | 32.98 | 21.10 | 26.15 | 25.87 |
| Profit before tax | 804.91 | 677.41 | 744.31 | 709.21 | 697.30 |
| Tax | 227.01 | 163.53 | 223.26 | 180.42 | 191.30 |
| Net profit | 572.40 | 507.91 | 517.18 | 525.14 | 504.09 |
| EPS | 17.30 | 15.35 | 15.63 | 15.87 | 15.23 |
| Price to earning | 35.89 | 41.01 | 30.51 | 63.13 | 81.75 |
| Price | 620.90 | 629.45 | 476.90 | 1,001.95 | 1,245.40 |
| RATIOS: | |||||
| Dividend Payout | 23.12% | 26.05% | 25.58% | 31.50% | 36.09% |
| OPM | 10.35% | 7.87% | 8.07% | 7.68% | 7.21% |
Voltas, a leading company in the market, has shown a positive trend in its financial performance over the past five years. Despite facing some challenges, the company has managed to maintain a steady revenue growth, with sales reaching a maximum of ₹7,934.45 in the year Mar-22.
In terms of profit and loss, the company has reported a profit before tax (PBT) of ₹804.91 in the year Mar-18, which shows a growth of 7% in the year Mar-22.
The net profit (PAT) of the company has also grown, with a minimum of ₹504.09 in the year Mar-22. The company has maintained a dividend payout ratio of around 25-36% during this period.
Additionally, the company’s operating profit margin (OPM) has consistently remained above 7% in the past five years, which indicates the company’s efficient cost management.
In conclusion, Voltas has shown a consistent growth in its financial performance, which reflects the company’s strong market position and future growth potential.
FAQS
Will the share price of Volta increase in 2023?
It is anticipated that Voltas per share price will increase to ₹1,096.84 by the end of 2023. As we see Voltas has a strong pan-India presence, with a network of over 800 dealers and distributors and more than 1,200 service centers which also makes it considerable for long-term Investment.
What is the share price target of Voltas for 2025?
The share price of Voltas might reach around ₹1,862.73 by 2025. As we know Voltas has consistently reported strong financial results, with steady growth in revenue and profitability. The company has also been able to maintain a strong balance sheet, which has enabled it to invest in growth opportunities.
What is the share price target of Voltas for 2030?
The per-share price of Voltas might reach around ₹4,563.69 by the end of 2030 because voltas have a strong focus on innovation, and the company has been consistently investing in research and development to offer the latest and most energy-efficient solutions to its customers.
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Conclusion
The Voltas share price target for 2023 to 2030 is an indication of the expected growth of the company’s stock. As the company continues to innovate and expand its business, the share price should be expected to rise. However, due to the unpredictable nature of the stock market and other external factors, investors should always exercise caution when making decisions regarding any investment. Keeping track of the company’s fundamentals, such as earnings, dividends, and market sentiment should help investors make more informed decisions when it comes to buying Volta’s stocks. Overall, investing in Voltas might be a profitable venture in the long run, but investors should always do their own research and make sure to diversify their portfolios.
