Voltas Peer Comparison

NSE: VOLTAS | BSE: 500575

₹1,064.80

₹18.80 (1.80%)

As on 04-Nov-2026IST

Market cap

₹35,198 Cr

Revenue (TTM)

₹14,979 Cr

P/E Ratio

78.4

P/B Ratio

5.3

Div. Yield

0.4 %

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	Voltas	Blue Star	KRN Heat Exchanger And Refrigeration	Johnson Controls	JNK India
Market cap (₹ Cr)	35,198	31,923	6,667	4,707	2,311
Revenue (₹ Cr)	14,979	13,306	904	3,008	899
Net Profit (₹ Cr)	584.08	530.72	115.03	2.97	73.71
Net Margin (%)	3.84	3.97	12.53	0.10	8.00
RoE (%)	7.29	15.54	14.72	1.42	13.87
Price to Earnings	78.36	59.77	57.96	1,584.94	30.69
Price-To-Book	5.31	9.15	6.77	9.77	4.00

Income Statement (₹ Cr)

	Voltas	Blue Star	KRN Heat Exchanger And Refrigeration	Johnson Controls	JNK India
Operating Revenue	14,979.42	13,306.24	687.44	3,007.56	899.42
Total Income	15,226.74	13,378.62	700.07	3,016.99	921.01
Total Expenditure	14,245.53	12,381.73	607.38	2,939.12	794.92
EBITDA	733.89	924.51	80.07	68.44	104.50
Depreciation	86.94	218.61	3.03	52.62	9.82
EBIT	646.95	705.90	77.04	15.82	94.68
Interest	86.00	75.47	5.26	11.59	17.99
Other Income	247.32	72.38	12.63	9.43	21.60
Exceptional Items	-26.49	-6.64	0.40	-5.08	0.00
Profit before Tax	781.78	696.17	84.81	8.58	98.28
Provision for Tax	197.70	165.45	18.62	5.61	24.58
Profit after Tax	584.08	530.72	66.19	2.97	73.71

	Voltas	Blue Star	KRN Heat Exchanger And Refrigeration	Johnson Controls	JNK India
Shareholder's Funds	6,376.21	3,487.30	942.17	482.02	567.65
Minority Interest	7.03	-0.02	0.00	0.00	1.61
Non-Current Liabilities	556.60	345.51	1.49	81.38	17.52
Current Liabilities	7,554.03	4,650.58	161.95	970.98	476.05
Total Liabilities	14,496.08	8,566.72	--	2,015.38	1,061.56

	Voltas	Blue Star	KRN Heat Exchanger And Refrigeration	Johnson Controls	JNK India
Non-Current Assets	3,606.17	1,721.02	610.74	454.34	48.09
Current Assets	10,329.19	6,156.44	494.00	1,012.70	968.90
Total Assets	14,496.08	8,566.72	--	2,015.38	1,061.56
Total Debt*	966.40	626.80	--	60.02	74.08
Net Current Assets	2,775.16	1,505.86	332.05	41.72	492.85
Contingent Liabilities	1,730.23	179.49	--	105.11	0.20

	Voltas	Blue Star	KRN Heat Exchanger And Refrigeration	Johnson Controls	JNK India
Cash From Operating Activities	70.97	153.81	--	113.43	-2.18
Cash Flow from Investing Activities	281.75	-358.76	--	-94.84	-161.83
Cash from Financing Activities	-262.41	137.14	--	-100.94	51.63
Net Cash Inflow / Outflow	90.31	-67.81	--	-82.35	-112.38

	Voltas	Blue Star	KRN Heat Exchanger And Refrigeration	Johnson Controls	JNK India
ROCE (%)	8.75	21.17	--	1.83	17.82
ROE (%)	7.29	15.54	8.73	1.42	13.87
ROA (%)	4.22	6.48	7.39	0.22	7.97
EBIT Margin (%)	4.32	5.31	11.21	0.53	10.53
Net Margin (%)	3.84	3.97	9.45	0.10	8.00
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Voltas	Blue Star	KRN Heat Exchanger And Refrigeration	Johnson Controls	JNK India
Revenue Growth (%)	3.80	8.79	20.05	14.71	84.36
EBIT Growth (%)	-19.54	-1.56	-6.12	-57.36	213.29
Net Profit Growth (%)	-23.39	-3.43	0.62	-89.40	195.33
EPS Growth (%)	-28.29	0.10	-2.46	-81.63	200.65
Book Value Growth (%)	-2.10	11.72	--	-21.91	13.16

	Voltas	Blue Star	KRN Heat Exchanger And Refrigeration	Johnson Controls	JNK India
Price / Earnings	76.07	59.52	96.52	676.35	30.45
Price / Book Value	5.33	9.17	6.92	9.79	3.97
Dividend Yield (%)	0.37	0.55	0.00	2.09	0.07
EV/EBITDA	48.01	34.37	83.22	68.97	20.62
Market Cap (₹ Cr)	42,019.85	33,112.07	--	2,820.40	1,177.32

	Voltas	Blue Star	KRN Heat Exchanger And Refrigeration	Johnson Controls	JNK India
Debt to Equity	0.06	0.00	0.00	0.00	0.00
Short term debt to equity ratio	0.09	0.18	--	0.12	0.13
Current Ratio	1.37	1.32	3.05	1.04	2.04
Quick Ratio	0.91	0.83	2.54	0.31	1.98
Interest Coverage	10.09	10.22	17.13	1.74	6.46

	Voltas	Blue Star	KRN Heat Exchanger And Refrigeration	Johnson Controls	JNK India
Debtors to sales (%)	20.26	12.59	45.66	7.00	38.34
Asset Turnover	1.08	1.62	0.77	2.19	0.97
Receivable days	67.48	60.32	--	60.83	152.52
Inventory Days	78.76	63.50	--	109.44	15.11
Payable days	150.37	164.02	--	190.71	129.72
Cash Conversion Cycle	-4.12	-40.20	--	-20.43	37.90

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.