- Brokerage firms are optimistic about Voltas, expecting strong AC sales driven by extreme heatwaves.
- The Room Air Conditioner (RAC) industry grew 30%, with Voltas outperforming at 35% growth.
- Voltas has maintained its market share and EBIT margin guidance, focusing on revenue growth without raising prices.
- Both domestic and global brokerages are bullish on Voltas, a Tata Group company, due to its confidence in meeting AC demand.
- Voltas aims to grow above the industry growth rate, despite challenges, in line with increased demand.
- Strong sales are expected in CY25, driven by extreme heatwaves across India, similar to those in CY24.
- Early signs of summer are already visible in Western and Southern India.
- Voltas’ growth in the current fiscal year has been higher than the industry’s 30%, with Voltas achieving 35% growth.
- The company has maintained its guidance for market share gains in RAC and high-single-digit EBIT margins.
