Research ReportsVoltas Q4 Results Review: Dolat Capital Maintains 'Add' Post Mixed Segmental Performance, Cuts Target Price
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Voltas Q4 Results Review: Dolat Capital Maintains 'Add' Post Mixed Segmental Performance, Cuts Target Price
Owing to unfavorable summer season so far, Dolat Capital has reduced its FY26E/27E EPS estimate by 4.6/4.1% to Rs 31/38 respectively and maintains ‘Accumulate’ rating on Voltas
Voltas' net sales grew 13.4% YoY to Rs 47.7 billion in Q4 FY25. (Photo source: Freepik)
Delayed summer and unseasonal rains in some regions hampered secondary room AC sales in April 2025. Voltas is hopeful of pickup in demand over May-June’25. Hence, owing to unfavorable summer season so far, Dolat Capitas has reduced our FY26E/27E EPS estimate by 4.6/4.1% to Rs 31/38 respectively.