Voltas Limited

NSEI:VOLTAS Stock Report

Market Cap: ₹558.0b

Voltas Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Pradeep Bakshi

Chief executive officer

₹72.1m

Total compensation

CEO salary percentage17.3%
CEO tenure6.8yrs
CEO ownershipn/a
Management average tenure2.4yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

Voltas Limited's (NSE:VOLTAS) Price Is Out Of Tune With Revenues

Dec 06
Voltas Limited's (NSE:VOLTAS) Price Is Out Of Tune With Revenues

Voltas Limited (NSE:VOLTAS) Half-Year Results: Here's What Analysts Are Forecasting For This Year

Nov 01
Voltas Limited (NSE:VOLTAS) Half-Year Results: Here's What Analysts Are Forecasting For This Year

Is Voltas (NSE:VOLTAS) Using Too Much Debt?

Sep 19
Is Voltas (NSE:VOLTAS) Using Too Much Debt?

Voltas Limited's (NSE:VOLTAS) Popularity With Investors Is Clear

Sep 01
Voltas Limited's (NSE:VOLTAS) Popularity With Investors Is Clear

Earnings Beat: Voltas Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 14
Earnings Beat: Voltas Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Voltas (NSE:VOLTAS) Might Be Having Difficulty Using Its Capital Effectively

Jul 30
Voltas (NSE:VOLTAS) Might Be Having Difficulty Using Its Capital Effectively

Voltas' (NSE:VOLTAS) Earnings Are Of Questionable Quality

Jun 22
Voltas' (NSE:VOLTAS) Earnings Are Of Questionable Quality

Voltas Limited Just Missed EPS By 34%: Here's What Analysts Think Will Happen Next

May 10
Voltas Limited Just Missed EPS By 34%: Here's What Analysts Think Will Happen Next

Voltas (NSE:VOLTAS) Has A Pretty Healthy Balance Sheet

May 09
Voltas (NSE:VOLTAS) Has A Pretty Healthy Balance Sheet

Voltas (NSE:VOLTAS) Will Want To Turn Around Its Return Trends

Apr 18
Voltas (NSE:VOLTAS) Will Want To Turn Around Its Return Trends

The Price Is Right For Voltas Limited (NSE:VOLTAS)

Mar 28
The Price Is Right For Voltas Limited (NSE:VOLTAS)

Is Voltas (NSE:VOLTAS) A Risky Investment?

Feb 01
Is Voltas (NSE:VOLTAS) A Risky Investment?

Be Wary Of Voltas (NSE:VOLTAS) And Its Returns On Capital

Jan 14
Be Wary Of Voltas (NSE:VOLTAS) And Its Returns On Capital

CEO Compensation Analysis

How has Pradeep Bakshi's remuneration changed compared to Voltas's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹6b

Jun 30 2024n/an/a

₹5b

Mar 31 2024₹72m₹13m

₹3b

Dec 31 2023n/an/a

₹3b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹38m₹12m

₹1b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹4b

Jun 30 2022n/an/a

₹5b

Mar 31 2022₹66m₹11m

₹5b

Dec 31 2021n/an/a

₹6b

Sep 30 2021n/an/a

₹6b

Jun 30 2021n/an/a

₹6b

Mar 31 2021₹44m₹8m

₹5b

Dec 31 2020n/an/a

₹4b

Sep 30 2020n/an/a

₹4b

Jun 30 2020n/an/a

₹4b

Mar 31 2020₹27m₹8m

₹5b

Dec 31 2019n/an/a

₹5b

Sep 30 2019n/an/a

₹5b

Jun 30 2019n/an/a

₹5b

Mar 31 2019₹52m₹8m

₹5b

Dec 31 2018n/an/a

₹6b

Sep 30 2018n/an/a

₹6b

Jun 30 2018n/an/a

₹6b

Mar 31 2018₹24m₹4m

₹6b

Compensation vs Market: Pradeep's total compensation ($USD848.04K) is about average for companies of similar size in the Indian market ($USD744.54K).

Compensation vs Earnings: Pradeep's compensation has increased by more than 20% in the past year.

CEO

Pradeep Bakshi (62 yo)

6.8yrs

Tenure

₹72,100,000

Compensation

Mr. Pradeep Kumar Bakshi, B.Sc., D. M. M., serves as the Managing Director, Chief Executive Officer and the Executive Director at Voltas Limited. He was Managing Director and Chief Executive Officer at Vol...

Leadership Team

NamePositionTenureCompensationOwnership
Pradeep Bakshi
CEO, MD & Executive Director6.8yrs₹72.10mno data
Mukundan C. Menon
Executive Director & Head of Room Air Conditioner Business1.4yrs₹34.61mno data
Jitender Verma
Executive VP & CFO3.4yrsno datano data
Nikhil Chandarana
Head of Corporate Finance & PDCno datano datano data
Varun Malhotra
Head of Taxation & Legalno data₹15.25mno data
B. Garudachar
Senior General Manager of Corporate Communications Departmentno datano datano data
Jogesh Jaitly
Head of Salesno datano datano data
Boishakhi Banerjee
Head of People & Cultureless than a yearno datano data
Prabhuajgaonkar Balkrishna
CFO of Projects & VP of Financeno datano datano data
Nuti Sridhar
Head of BIG & QAno datano datano data
Dinesh Singh
Head of Merger & Acquisitionno datano datano data
Sharad Thussu
Head of Mining & Construction Equipment -UMPESLno datano datano data

2.4yrs

Average Tenure

61yo

Average Age

Experienced Management: VOLTAS's management team is considered experienced (2.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Pradeep Bakshi
CEO, MD & Executive Director7.3yrs₹72.10mno data
Mukundan C. Menon
Executive Director & Head of Room Air Conditioner Business1.4yrs₹34.61mno data
Pheroz Pudumjee
Independent Directorless than a yearno datano data
Arun Adhikari
Independent Non-Executive Director7.5yrs₹3.72mno data
Jayesh Merchant
Non-Executive Independent Directorless than a year₹860.00kno data
Noel Tata
Non Independent Non-Executive Chairman21.9yrs₹4.41mno data
Vinayak Deshpande
Non Independent Non Executive Director12.8yrs₹2.28mno data
Anjali Bansal
Non-Executive Independent Director9.8yrs₹3.34mno data
Saurabh Agrawal
Non-Independent Non-Executive Director3.9yrs₹350.00kno data
Aditya Sehgal
Additional Non-Executive Independent Directorless than a yearno datano data

5.6yrs

Average Tenure

62yo

Average Age

Experienced Board: VOLTAS's board of directors are considered experienced (5.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 18:17
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Voltas Limited is covered by 68 analysts. 32 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dhruv JainAmbit Capital
Nitin BhasinAmbit Capital
Manish ValechaAnand Rathi Shares and Stock Brokers Limited