If you invest in the stock market, you must know the Voltas share price target for 2025, 2026, 2027, 2028, 2029, and 2030. Here, you will get detailed information regarding all your queries, such as its fundamentals, shareholdings, financial performance, future predictions, and more.
Voltas Limited Company Overview
Voltas Limited, founded in 1954, is a leading Indian multinational company specializing in air conditioning, cooling technology, and engineering solutions. Headquartered in Mumbai, Maharashtra, the company is part of the Tata Group and has a strong presence in both the consumer and industrial sectors.
Voltas is widely known for its air conditioners and commercial refrigeration and cooling equipment, which hold a significant market share in India. Apart from consumer products, the company is also a major player in HVAC (heating, ventilation, and air conditioning), electro-mechanical projects, water management, and engineering solutions across industries. It has executed major infrastructure projects in India, the Middle East, Southeast Asia, and Africa.
Led by Chairman Noel Tata, Voltas continues to innovate and expand its product portfolio, focusing on energy-efficient and sustainable cooling solutions. The company is publicly listed on the NSE and BSE, making it one of the most trusted and well-established brands in the Indian and global markets.

Fundamentals of Voltas Limited
- Market Cap: ₹47,237.11 Cr.
- ROE: 8.47%
- ROCE: 10.41%
- P/E Ratio: 63.27
- P/B Ratio: 5.88
- Dividend Yield: 0.39%
- Book Value: ₹242.80
- Face Value: ₹1
- EPS (TTM): ₹22.56
- 52-Week High: ₹1,946.20
- 52-Week Low: ₹1,080
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Voltas Share Price Target 2025
After analyzing NDL’s past price trends and market performance, it is estimated that the stock could reach ₹1,260.85 by early 2025.
By the middle of the year, driven by market demand and sector performance, the price could rise to around ₹1,420.32
By the end of 2025, NDL’s share price can achieve the target of ₹1,590.72.
Month | Target Price (₹) |
---|---|
January | ₹1,260.85 |
February | ₹1,320.10 |
March | ₹1,340.75 |
April | ₹1,365.42 |
May | ₹1,390.68 |
June | ₹1,420.32 |
July | ₹1,450.78 |
August | ₹1,475.54 |
September | ₹1,500.86 |
October | ₹1,530.47 |
November | ₹1,560.38 |
December | ₹1,590.72 |
Voltas Share Price Target 2026
After analyzing NDL’s past price trends and market performance, it is estimated that the stock could reach ₹1,610.48 by early 2026.
By the middle of the year, driven by market demand and sector performance, the price could rise to around ₹1,750.36.
By the end of 2026, NDL’s share price can achieve the target of ₹1,890.62.
Year | Target Price (₹) |
---|---|
Beginning | ₹1,610.48 |
Middle | ₹1,750.36 |
End | ₹1,890.62 |
Voltas Share Price Target 2027
After analyzing NDL’s past price trends and market performance, it is estimated that the stock could reach ₹1,920.45 by early 2027.
By the middle of the year, driven by market demand and sector performance, the price could rise to around ₹2,050.74.
By the end of 2027, NDL’s share price can achieve the target of ₹2,180.58.
Year | Target Price (₹) |
---|---|
Beginning | ₹1,920.45 |
Middle | ₹2,050.74 |
End | ₹2,180.58 |
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Voltas Share Price Target 2028
After analyzing NDL’s past price trends and market performance, it is estimated that the stock could reach ₹2,220.86 by early 2028.
By the middle of the year, driven by market demand and sector performance, the price could rise to around ₹2,360.42.
By the end of 2028, NDL’s share price can achieve the target of ₹2,500.68.
Year | Target Price (₹) |
---|---|
Beginning | ₹2,220.86 |
Middle | ₹2,360.42 |
End | ₹2,500.68 |
Voltas Share Price Target 2029
After analyzing NDL’s past price trends and market performance, it is estimated that the stock could reach ₹2,540.72 by early 2029.
By the middle of the year, driven by market demand and sector performance, the price could rise to around ₹2,700.38.
By the end of 2029, NDL’s share price can achieve the target of ₹2,860.45.
Year | Target Price (₹) |
---|---|
Beginning | ₹2,540.72 |
Middle | ₹2,700.38 |
End | ₹2,860.45 |
Voltas Share Price Target 2030
After analyzing NDL’s past price trends and market performance, it is estimated that the stock could reach ₹2,920.54 by early 2030.
By the middle of the year, driven by market demand and sector performance, the price could rise to around ₹3,080.68.
By the end of 2030, NDL’s share price can achieve the target of ₹3,250.76.
Year | Target Price (₹) |
---|---|
Beginning | ₹2,920.54 |
Middle | ₹3,080.68 |
End | ₹3,250.76 |
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Voltas Share Price Target & Forecast 2025 To 2030
Year | Target Price |
---|---|
2025 | ₹1,590.72 |
2026 | ₹1,890.62 |
2027 | ₹2,180.58 |
2028 | ₹2,500.68 |
2029 | ₹2,860.45 |
2030 | ₹3,250.76 |
Shareholding Pattern of Voltas Ltd
- Retail & Other: 13.79%
- Promoters: 30.30%
- Foreign Institution: 21.31%
- Mutual Funds: 21.40%
- Other Domestic Institutions: 13.20%
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Voltas Limited Income Statement
Revenue declined marginally by 0.85% to ₹20.10 billion, reflecting a stable topline with minor fluctuations.
Operating expenses decreased by 7.09%, reflecting improved cost efficiency.
Net income increased by 8,359.29% to ₹449.70 million, possibly reflecting a sharp turnaround due to lower costs, improved margins, or one-time gains.
Net profit margin increased by 7,366.67% to 2.24%, reflecting improved profitability.
EBITDA increased by 42.31% to ₹1.25 billion, reflecting strong operating performance.
The effective tax rate stood at 30.94%, reflecting significant tax outflows.
Voltas Limited Balance Sheet
Total assets declined by 6.73% to ₹11.82 billion, indicating a reduction or depreciation in the asset base.
Total liabilities declined by 17.93% to ₹5.97 billion, indicating improved financial stability.
Total equity is ₹5.85 billion, indicating a solid net worth.
Cash and short-term investments increased significantly by 382.37% to ₹153.10 million, improving liquidity.
The price-to-book ratio is 1.00, indicating fair valuation in terms of assets.
The return on assets (ROA) improved to 4.29%, and the return on capital (ROC) is at 5.47%, indicating efficient capital utilization.
Voltas Limited Cash Flow
Cash from operations increased by 63.45% to ₹2.30 billion, reflecting improved cash flow generation from core activities.
Cash from investments is negative at -₹497.72 million, reflecting continued capital expenditure or investments.
Cash from financing is negative at -₹1.69 billion, reflecting debt repayment or dividend payments.
Net change in cash is positive at ₹121.36 million, up 147.64%, reflecting improved liquidity.
Free cash flow increased by 10.53% to ₹703.06 million, reflecting strong financial health.
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Key Competitors of Voltas Ltd
- Blue Star
- Johnson Controls
- EPACK Durable
- LEEL Electricals
Voltas Ltd Share Price FAQ
-
Is Voltas a good company?
Yes, Voltas is a good company.
-
What will be the share price of Voltas in 2025?
The share price of NDL in 2025 is ₹1,590.72
-
What will be the share price of Voltas in 2030?
The share price of HCC in 2030 is ₹3,250.76
-
Is Voltas a debt-free company?
Voltas is a nearly debt-free company.
-
Is Voltas overvalued or undervalued?
Voltas is overvalued.
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Disclaimer: The information in this article is for educational purposes only, and market analysts give the targets mentioned in it as suggestions. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.

I am a seasoned stock market expert who specializes in analyzing India’s economic indicators and their impact on listed companies. My market forecasts are based on macroeconomic insights, corporate earnings, and sector performance. I am known for offering practical and reliable predictions for retail and institutional investors alike.