Voltas Profile
Key Indicators
- Authorised Capital ₹ 150.00 Cr
- Paid Up Capital ₹ 33.08 Cr
- Company Age 70 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 92.94 Cr
- Satisfied Charges ₹ 2,357.33 Cr
- Revenue Growth 8.03%
- Profit Growth 140.85%
- Ebitda -33.65%
- Net Worth 21.63%
- Total Assets 8.96%
About Voltas
Voltas Limited (VL) was founded in India on 06 September 1954 and has a glorious history of 70 years and four months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500575 and on the National Stock Exchange(NSE) under VOLTAS.
The Company is engaged in the Engineering Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 150.00 Cr and a paid-up capital of Rs 33.08 Cr.
The company currently has active open charges totaling ₹92.94 Cr. The company has closed loans amounting to ₹2,357.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Voltas Limited India are Jitender Verma as CFO and Ratnesh Rukhariyar as Company Secretary. Pheroz Naswanjee, Noel Tata, Vinayak Deshpande, and Seven other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
Industry
What products or services does Voltas Limited offer?
Voltas Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Forklift Parts, Computer, IT & Software Training, Computer Language Training Services, Apparel & Textile Machinery, Textile Machines, Drilling & Boring Equipment, Mining Equipment Accessories, Sewing,Knitting & Embroidery Machine, Circular Knitting Machines.
Who are the key members and board of directors at Voltas?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pradeep Kumar
|
Managing Director | 01-Sep-2017 | Current |
| Jitender Verma | CFO | 19-Jul-2021 | Current |
| Ratnesh Rukhariyar | Company Secretary | 22-Aug-2024 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vinayak Deshpande
|
Director | 14-Feb-2012 | Current |
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Saurabh Agrawal
|
Director | 21-Jan-2021 | Current |
Noel Tata
|
Director | 27-Jan-2003 | Current |
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Arun Kumar
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Director | 08-Jun-2017 | Current |
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Anjali Bansal
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Director | 09-Mar-2015 | Current |
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Pheroz Naswanjee
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Additional Director | 25-Sep-2024 | Current |
Financial Performance of Voltas.
Voltas Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.03% increase. The company also saw a substantial improvement in profitability, with a 140.85% increase in profit. The company's net worth Soared by an impressive increase of 21.63%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Voltas?
In 2023, Voltas had a promoter holding of 30.30% and a public holding of 69.70%. The company had 2 Subsidiaries, 2 Joint Ventures and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Trent Hypermarket Private LimitedNoel Tata is a mutual person
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Titan Company LimitedNoel Tata is a mutual person
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Tata Play LimitedSaurabh Agrawal is a mutual person
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Tata International LimitedNoel Tata is a mutual person
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Signify Innovations India LimitedVinayak Deshpande is a mutual person
Charges (Loans)
₹92.94 Cr
₹2,357.33 Cr
Charges Breakdown by Lending Institutions
- The Investment Corporation Of India Ltd : 24.00 Cr
- American Express Bank Ltd : 14.34 Cr
- State Bank Of Bikaner And Jaipur : 13.40 Cr
- The State Bank Of Bikaner And Jaipur : 7.25 Cr
- United Bank Of India : 6.14 Cr
- Others : 27.81 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 May 2023 | Bank Of India | ₹5.66 Cr | Open |
| 27 Mar 2023 | Others | ₹2.18 Cr | Open |
| 01 Apr 2005 | Bank Of Baroda | ₹4.80 Cr | Open |
| 27 Jun 1996 | United Bank Of India | ₹2.10 Cr | Open |
| 27 Jun 1996 | United Bank Of India | ₹5.00 M | Open |
How Many Employees Work at Voltas?
Voltas has a workforce of 1809 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Voltas, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Voltas's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
