{"id":128107,"date":"2022-03-03T12:42:55","date_gmt":"2022-03-03T17:42:55","guid":{"rendered":"https:\/\/44.250.171.167\/?p=128107"},"modified":"2022-10-05T06:28:29","modified_gmt":"2022-10-05T10:28:29","slug":"voltas-q3-fy-22-research-tear-sheet","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/voltas-q3-fy-22-research-tear-sheet\/","title":{"rendered":"Voltas Q3 FY 22 Research Tear sheet"},"content":{"rendered":"\n<p>Voltas Limited&nbsp;is an Indian&nbsp;multinational company. It mainly deals with electronic goods and home appliances. The company has its headquarter in Mumbai, India. It was incorporated in 1954. The stocks of Voltas are traded on both BSE and NSE. For Q3 FY22 the Consolidated Total Income for was Rs 1822 crores. Profit before tax (PBT) was Rs. 139 crores for Q3 2021 and Profit after tax (PAT) was Rs. 97 crores. Earnings per Share (EPS) recorded Rs. 2.90.<\/p>\n\n\n\n<p><strong><u>Key Financial Highlights<\/u><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td>Revenue<\/td><td>Q3 FY21<\/td><td>Q3 FY22<\/td><\/tr><tr><td>Segment A : Unitary Cooling<\/td><td>1003<\/td><td>1094<\/td><\/tr><tr><td>Segment B : Eng. Projects<\/td><td>847<\/td><td>554<\/td><\/tr><tr><td>Segment C : Eng. Products<\/td><td>121<\/td><td>125<\/td><\/tr><tr><td>Income from Operations<\/td><td>1970<\/td><td>1772<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>For 9M-2021, consolidated total income increased by 27% at Rs. 5,420. PBT increased by 16% at Rs. 450. Profit After Tax grew 11% to Rs. 323 crores. For Q3 FY22 consolidated total income is Rs. 1,822 crores as compared to Rs. 2,046 crores in Q3 FY21. Profit Before Tax is 139 crores as compared to Rs. 166 croresin Q3 2021. Profit After Tax was Rs. 97 crores compared to Rs. 128 crores in Q3 2021.<\/p>\n\n\n\n<p><strong><u>Unitary cooling Product<\/u><\/strong><\/p>\n\n\n\n<p>The Unitary cooling Product shows a revenue hike of 9% in Q3 2021. The unitary Cooling segment reported revenue of Rs 1094 crores. However it has been observed that divisional bottom line has declined by 17% to Rs. 102 crs driven by increasing input cost, disruptive pricing by the competition and resistance by the trade on price.<\/p>\n\n\n\n<p><strong><u>Electro-Mechanical Projects and Services<\/u><\/strong><strong><u><\/u><\/strong><\/p>\n\n\n\n<p>Segment Revenue for the quarter is Rs. 125 crores as compared to the previous quarter. The business has increased due to the outstanding performance in India and Mozambique. The business mainly generated revenue from Crushing &amp; Screening equipment and the renewal of the Maintenance &amp; Repair contracts (MARC) with the Customer.<\/p>\n\n\n\n<p><strong><u>Conference Call Highlights:<\/u><\/strong><\/p>\n\n\n\n<p><strong><u>Management Updates<\/u><\/strong><\/p>\n\n\n\n<p>Supply disruptions continued due to a COVID outbreak in Q3 2021.<\/p>\n\n\n\n<p>Voltas has been awarded with prestigious National Energy Conservation Award.<\/p>\n\n\n\n<p>Voltbek has registered a market share of 2.8% and 3.4% in refrigerator and washing machine category.<\/p>\n\n\n\n<p><strong><u>Business Updates:<\/u><\/strong><\/p>\n\n\n\n<p>Voltas enters into Joint Venture with international partner for compressor manufacturing and invest around Rs 500 crores.<\/p>\n\n\n\n<p>Voltas Ltd launched its 1st Brand Shop in Shahjahanpur, Uttar Pradesh.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Voltas Limited&nbsp;is an Indian&nbsp;multinational company. It mainly deals with electronic goods and home appliances. The company has its headquarter in Mumbai, India. It was incorporated in 1954. The stocks of Voltas are traded on both BSE and NSE. For Q3 FY22 the Consolidated Total Income for was Rs 1822 crores. Profit before tax (PBT) was [&hellip;]<\/p>\n","protected":false},"author":1796,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6352,9908],"tags":[9170,2382],"class_list":["post-128107","post","type-post","status-publish","format-standard","hentry","category-research-summary","category-research-tear-sheet","tag-consumer-electronics","tag-electronics"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":128388,"url":"https:\/\/alphastreet.com\/india\/blue-star-limited-research-tear-sheet-q3-fy-2022\/","url_meta":{"origin":128107,"position":0},"title":"Blue Star Limited  Research Tear Sheet Q3 FY 2022","author":"sreerupa","date":"March 30, 2022","format":false,"excerpt":"Blue Star Limited\u00a0is an Indian\u00a0multinational\u00a0company. 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