Voltas Stock Forecast

Stock Price Forecast

According to 35 analysts polled by S&P Global, Voltas stock has a consensus rating of "Hold" and an average price target of ₹1,335. The average 1-year stock price forecast is 3.84% higher than the current stock price, while the lowest is ₹1,025 (-20.30%) and the highest is ₹1,550 (+20.52%).

Price Target: ₹1,335 (+3.84%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	₹1,025	₹1,335	₹1,359	₹1,550
Change	-20.30%	+3.84%	+5.67%	+20.52%

* Price targets were last updated on May 15, 2026.

Analyst Ratings

The average analyst rating for Voltas stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	8	7	8	7	6	6
Buy	7	7	8	7	7	7
Hold	15	14	13	15	15	15
Sell	2	4	3	3	4	4
Strong Sell	3	3	3	3	3	3
Total	35	35	35	35	35	35

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sonali Salgaonkar Jefferies	Jefferies	Buy Maintains ₹1,550 → ₹1,530	Buy	Maintains	₹1,550 → ₹1,530	+18.96%	May 15, 2026

Financial Forecast

Revenue This Year

170.83B

from 142.45B

19.92%

from 142.45B

Revenue Next Year

198.39B

from 170.83B

16.14%

from 170.83B

EPS This Year

24.01

from 11.88

102.08%

from 11.88

EPS Next Year

33.68

from 24.01

40.29%

from 24.01

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	79.34B	94.99B	124.81B	154.13B	142.45B	170.83B
Revenue Growth	5.01%	19.72%	31.40%	23.49%	-7.58%	19.92%
Gross Profit	20.26B	21.06B	26.48B	34.49B	31.66B	38.31B
Gross Margin	25.54%	22.17%	21.22%	22.38%	22.23%	22.43%
Operating Income	6.70B	5.59B	4.54B	11.05B	6.41B	9.97B
Net Income	5.04B	1.35B	2.52B	8.41B	3.76B	7.89B
EPS	-	-	-	-	11.88	24.01
EPS Growth	-	-	-	-	-53.28%	102.08%
Forward PE	50.15	45.89	51.17	49.10	49.66	53.57
Dividend / Share	5.50	4.25	5.50	7.00	4.00	6.82
Dividend Growth	-	-22.73%	29.41%	27.27%	-42.86%	70.51%
Free Cash Flow	4.32B	-202.83M	6.69B	-4.83B	-1.27B	5.33B
No. Analysts	-	-	-	-	-	33

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	182.8B
Avg	170.8B
Low	162.1B

Revenue Growth

Revenue Growth	2027	2028	2029
High	28.3%
Avg	19.9%
Low	13.8%

EPS Forecast

EPS	2027	2028	2029
High	30.80
Avg	24.01
Low	17.50

EPS Growth

EPS Growth	2027	2028	2029
High	159.2%
Avg	102.1%
Low	47.3%