Voltas is India’s No. 1 Room Air Conditioner brand with a market share of over 24%. Founded in 1954, the Company is also globally recognised as an engineering solutions provider and a project specialist. It enjoys a strong presence across India, the Middle East, South East Asia, and Africa.
Voltas offers a comprehensive range of cooling solutions including air conditioners, air coolers, water coolers, water dispensers and commercial refrigeration products. Recently, the Company also forayed into the air purifiers market. Through its 50:50 Joint Venture with a Turkish-based company Arcelik, Voltas entered the home appliances industry under the brand, Voltas Beko in 2018. The brand’s product portfolio comprises refrigerators, washing machines, microwave ovens, and dishwashers.
Recognized for its engineering prowess, the company’s Projects business provides MEP (Mechanical, Electrical and Plumbing) and HVAC (Heat, Ventilation, and Air Conditioning) solutions and has successfully implemented several landmark projects in India and overseas. The Company also closely works with the Government of India for various rural electrification and water management projects. The Engineering Products and Services business represents leading equipment manufacturers in Textile Machinery and Mining & Construction Equipment for sale, distribution and after sales service.
Business Highlights
- Room AC Market leader since 2012. Currently has a market share of over 24%
- Market leaders in inverter room AC
- Market leader with a 55% market share in Textile Spinning machinery
- Over 5000+ customer sites are currently managed across India impacting industries like healthcare, IT infrastructure, hospitality, metro Rail, Airports etc
Financial Highlights FY20
No. | Label | 2019-20 (Rs Crore) |
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1 | Revenue | 7,889 |
2 | EBITDA | 744 |
4 | PAT | 521 |
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