AC, will be made profit in fridge making company! Brokerage gave a target of Rs. 1640 with BUY rating

Voltas Q3 Results: Voltas Limited (Voltas) has recorded a huge increase in its income and profit in the third quarter of FY 2025. The company’s total income increased by 18% annually to ₹ 3,110 crore, which is 10% more than estimates. However, the low margin (5.9%) of the Unitari Cooling Products (UCP) segment affected the performance slightly.

The company’s third quarter main figures:

Ebitda increased by 6.7 times and it reached ₹ 200 crores.

It rose to 6.4% with a gain of 5.3% in the operating margin (OPM).

The company recorded a profit of ₹ 130 crore, compared to a loss of ₹ 30 crore in the same period last year.

Impact of expenditure on increasing market share

According to Motilal Oswal’s report, the main reason for low margin in the UCP segment is a large -scale expenses by the company to increase market share. This includes add, promotion and in-store demo. The company aims to margin the margin of this segment in the fourth quarter on a high single digit (high single digit) are.

Summer season expected to increase sales

According to the report, Voltas is expected to increase the demand for air conditioners and other cooling products during the summer season. The company will also benefit from the positive spirit of consumers. Motilal Oswal has deducted 8% in income (EPS) per share for FY25 and 14% for FY26/FY27 in view of the ongoing network expansion and branding spending in Voltbek.

Recommendation of ‘shopping’ intact

Motilal Oswal has retained the ‘Buy’ rating on Voltas and has fixed a target price of ₹ 1,640. The company’s stock closed at Rs 1,320 on Saturday. In terms of this price, this stock can give 24 % return in long term. This stock has given a return of 93.93 percent in the last five years.

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