Вы находитесь на странице: 1из 12

Get Instant Updates from Equitymaster

Helping You
Click Build
'allow' Wealth
to start receivingWith
instantHonest
notifications
Research
for our latest research and opinions on the stock
Since
market 1996. Try Now
and economy.

Home About Team Today's Market Thanks    it


Premium NoResearch AllowOutlook Portfolio

Mobile Trust Equitymaster Help Free Reports

Get Quote Go Key Sector St Go MyStocks MEMBER'S LOGIN

  

Member's Login

Home
+

Equitymaster Home

Fundamental
+

StockSelect

Hidden Treasure

Permanent Wealth Circle

Phase One Alert

Smart Money Secrets

ValuePro

Microcap Millionaires

Exponential Profits

Power Profits

Profit Velocity

Equitymaster Insider

Wealth Alliance

Reserve

IPOs

S Features

Private Briefing

Investor Hour 

Trading
+

Profit Hunter Pro

Weekly Cash Alert

The Vijay Bhambwani Show 


Learning
+ Get Instant Updates from Equitymaster
Click 'allow' to start receiving instant notifications
DeriVantage for our latest research and opinions on the stock
market and economy.

TradeMaster No Thanks    Allow

Equitymaster's Secrets

OptionMaster

Learning Forum

About
>

Team
>

Today's
+ Market

Today's
+ Market

Read Today's Commentary

BSE Replica

ADRs

Key Sector Quotes

NSE Replica

FIIs

Market Stats

Other Indices

Gold

Track
+ Your Stocks

My Stocks

Portfolio Tracker

Premium
+

Premium Services

Fundamental
+

StockSelect

Hidden Treasure

Permanent Wealth Circle

Phase One Alert

Smart Money Secrets

ValuePro
Microcap Millionaires Get Instant Updates from Equitymaster
Click 'allow' to start receiving instant notifications
Exponential Profits for our latest research and opinions on the stock
market and economy.

Power Profits No Thanks    Allow

Profit Velocity

Equitymaster Insider

Wealth Alliance

Reserve

IPOs

S Features

Private Briefing

Investor Hour 

Trading
+

Profit Hunter Pro

Weekly Cash Alert

The Vijay Bhambwani Show 

Learning
+

DeriVantage

TradeMaster

Equitymaster's Secrets

OptionMaster

Learning Forum

Research
+ it

Company
+ Info

Factsheets

Compare Company

Company Results

Sector
+ Info

Sector Reports

Sector-wise Results

Dig
+ Deeper

Stock Screener
Outlook
+ Get Instant Updates from Equitymaster
Click 'allow' to start receiving instant notifications
Start Here! for our latest research and opinions on the stock
> +
market and economy.
Recommended Reading No Thanks    Allow

Timeless Reading

Free
+ Newsletters

The 5 Minute Wrapup

Profit Hunter

The Honest Truth

Vivek Kaul's Diary

Views
+ on News

Read Here

The Outside View

Portfolio
+

Portfolio Tracker

Portfolio
+

Register

Demo

Portfolio

Tutorials

Release Notes

Terms Of Use

Mobile
+

Mobile
+ App

Trust
+ Equitymaster

Trust
+ Equitymaster

Why Trust Equitymaster?

The Equitymaster Way

Testimonials
+

StockSelect
Hidden Treasure Get Instant Updates from Equitymaster
Click 'allow' to start receiving instant notifications
ValuePro for our latest research and opinions on the stock
market and economy.
Microcap Millionaires No Thanks    Allow

Portfolio Tracker

DeriVantage

Trademaster

Equitymaster's Secrets

Help
+

Help
+

Sitemap

How To Reach Us

Advertising Info

Legal

Press Release

About Us

The Equitymaster Way

Free
+ Reports

The
+ 5 Minute Wrapup

Multibagger Stock Ideas

The "Crash Score" Report

The Super Investors Of India

How to Get Rich with IPOs

Stock Market YearBook

The Best of The 5 Minute WrapUp

Profit
+ Hunter

Zero to Millions

Vivek
+ Kaul's Diary

India in Crisis 2017

GST & YOU

Real Estate: The (In)Complete Guide

Retail Investors or Chickens


The Fight Against BLACK MONEY Get Instant Updates from Equitymaster
Click 'allow' to start receiving instant notifications
for our latest research and opinions on the stock
Get Quote Go
market and economy.

Key Sector Stocks No Thanks    Allow

Go

Home > Research It > Compare Company > Indian - Engineering > VOLTAS - BLUE STAR

VOLTAS vs BLUE STAR - Comparison Results

Enter Base Company

VOLTAS      Change 118

111
Voltas, a Tata group company, is a
103
major player in the electro- Base 100
96
mechanical engineering
89

BLUE STAR     Change 81

74
Sep 18 Dec 18 Mar 19 Jun 19
Blue Star (BSL) is one of India's
largest central air-conditioning and VOLTAS BLUE STAR

commercial refrigeration
1d 1w 1m 3m 6m 1y 3y 5y Max
companies. The company has
divided its business segments as
central & packaged air-
conditioning systems (CPAS),
cooling products and professional
electronics & industrial
equipments (PIES). The rst
business involves designing,
engineering, manufacturing,
installation, commissioning and
support of central air-conditioning
plants and ducted systems. As for
the second business unit, BSL
offers a wide range of window
A/Cs, split air-conditioners and
commercial refrigeration products.

DO YOU LIKE THESE REPORTS? TELL US!

CURRENT VALUATIONS

VOLTAS/
    VOLTAS BLUE STAR  
BLUE STAR
P/E (TTM) x 36.8 35.0 105.0% View Chart

P/BV x 5.1 8.0 63.4% View Chart

Dividend Yield % 0.6 1.4 46.9%  

FINANCIALS

 VOLTAS    BLUE STAR


EQUITY SHARE DATA
Get Instant Updates from Equitymaster
5-Yr Chart
Click 'allow' toBLUE
VOLTAS startSTAR
receiving instant notifications
VOLTAS/
    Click to
for our latest research
Mar-19 Mar-18and opinions
BLUEon the stock
STAR
enlarge
market and economy.
High Rs 665 845 78.7%   

Low Rs 471 587 No Thanks   80.2%


Allow   

Sales per share (Unadj.) Rs 215.3 493.8 43.6%

Earnings per share (Unadj.) Rs 15.5 15.5 99.9%

Cash ow per share (Unadj.) Rs 16.3 22.2 73.2%

Dividends per share (Unadj.) Rs 4.00 10.00 40.0%

Dividend yield (eoy) % 0.7 1.4 50.4%

Book value per share (Unadj.) Rs 124.2 86.6 143.4%

Shares outstanding (eoy) m 330.88 96.00 344.7%   

Bonus/Rights/Conversions - - -   

Price / Sales ratio x 2.6 1.5 181.9%   

Avg P/E ratio x 36.6 46.1 79.4%

P/CF ratio (eoy) x 34.9 32.3 108.3%

Price / Book Value ratio x 4.6 8.3 55.3%

Dividend payout % 25.8 64.3 40.0%   

Avg Mkt Cap Rs m 187,874 68,746 273.3%   

No. of employees `000 8.3 2.8 293.0%   

Total wages/salary Rs m 6,419 3,977 161.4%   

Avg. sales/employee Rs Th 8,623.7 16,817.3 51.3%   

Avg. wages/employee Rs Th 777.0 1,410.9 55.1%   

Avg. net pro t/employee Rs Th 622.1 529.4 117.5%   

INCOME DATA

Net Sales Rs m 71,241 47,408 150.3%

Other income Rs m 1,863 94 1,977.2%   

Total revenues Rs m 73,103 47,502 153.9%   

Gross pro t Rs m 6,117 2,839 215.5%

Depreciation Rs m 240 638 37.6%   

Interest Rs m 330 287 114.8%   

Pro t before tax Rs m 7,410 2,007 369.2%   

Minority Interest Rs m -518 -3 19,192.6%   

Prior Period Items Rs m 0 -19 0.0%   

Extraordinary Inc (Exp) Rs m -118 53 -223.3%   

Tax Rs m 1,635 546 299.7%   

Pro t after tax Rs m 5,139 1,493 344.3%

Gross pro t margin % 8.6 6.0 143.4%

Effective tax rate % 22.1 27.2 81.2%   

Net pro t margin % 7.2 3.1 229.1%

BALANCE SHEET DATA


Current assets Rs m 56,472 25,328 223.0%   

Current liabilities Rs m 32,853 23,049 142.5%   

Net working cap to sales % 33.2 4.8 689.5%

Current ratio x 1.7 1.1 156.4%

Inventory Days Days 56 64 87.1%

Debtors Days Days 92 85 109.1%

Net xed assets Rs m 2,775 4,306 64.4%   

Share capital Rs m 331 192 172.3%   

"Free" reserves Rs m 40,769 8,121 502.0%   

Net worth Rs m 41,100 8,313 494.4%   

Long term debt Rs m 0 259 0.0%   

Total assets Rs m 75,220 31,831 236.3%


BALANCE SHEET DATA
Get Instant Updates from Equitymaster
Interest coverage x 23.5 8.0 293.9%   
Click 'allow' to start receiving instant notifications
Debt to equity ratio x for0our latest research0and opinions on0.0% the stock
Sales to assets ratio x market
0.9 and economy. 1.5 63.6%   

Return on assets % 7.3 5.6 No Thanks    Allow


130.0%

Return on equity % 12.5 18.0 69.6%

Return on capital % 17.3 27.1 63.7%

Exports to sales % 0 0 -   

Imports to sales % 18.2 0 -   

Exports (fob) Rs m NA NA -   

Imports (cif) Rs m 12,953 NA -   

Fx in ow Rs m 2,649 2,637 100.5%   

Fx out ow Rs m 12,968 12,521 103.6%   

Net fx Rs m -10,319 -9,885 104.4%   

CASH FLOW

From Operations Rs m -3,214 239 -1,347.7%

From Investments Rs m 3,927 -925 -424.6%

From Financial Activity Rs m -183 488 -37.4%

Net Cash ow Rs m 531 -199 -267.2%

SHARE HOLDING

Indian Promoters % 30.2 39.1 77.2%  

Foreign collaborators % 0.0 0.6 -  

Indian inst/Mut Fund % 25.4 19.1 133.2%  

FIIs % 18.6 6.8 275.6%  

ADR/GDR % 0.0 0.0 -  

Free oat % 25.9 34.5 75.1%  

Shareholders   134,810 22,490 599.4%  

Pledged promoter(s) holding % 0.0 1.7 -  


NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare VOLTAS With:   SHANTHI GEARS  SUZLON ENERGY  CARBORUNDUM UNIVERSAL  NITIN FIRE


PROTECTION  EASUN REYROLLE  

Compare VOLTAS With:   ANSALDO STS (Italy)  SHANGHAI ELEC. (China)  DONGFANG ELEC. (China)  ABB (Switz.)  
Get Instant Updates from Equitymaster
Click 'allow' to start receiving instant notifications
TODAY'S MARKET for our latest research and opinions on the stock
market and economy.

No Thanks    Allow
Are You Buying Quality Stocks in these Gloomy Times? (Podcast)

A mix of macroeconomic factors including weak GDP data and lower manufacturing output spooked
investors on Dalal street this week.

RELATED VIEWS ON NEWS MOST POPULAR

BLUE STAR Announces Quarterly The One Safe Stock that Two Big
Results (1QFY20); Net Profit Down Mutual Funds Are Buying Now
17.7% (The 5 Minute Wrapup)
(Quarterly Result Update) Aug 30, 2019

Aug 27, 2019 | Updated on Aug 27, 2019


The market correction has increased the
For the quarter ended June 2019, BLUE STAR appetite for safe stocks like this one.
has posted a net pro t of Rs 754 m (down
17.7% YoY). Sales on the other hand came in at
Rs 16 bn (up 4.4% YoY). Read on for a
Worst is Over for the Auto
complete analysis of BLUE STAR's quarterly Sector...Which Stock Will You Buy Now?
results. (Profit Hunter)
Aug 30, 2019

The Auto sector could generate massive gains


VOLTAS Announces Quarterly Results
over the next 32 months. Which stocks will you
(1QFY20); Net Profit Up 0.3%
invest in?
(Quarterly Result Update)
Aug 8, 2019 | Updated on Aug 8, 2019

For the quarter ended June 2019, VOLTAS has


A High-Quality Stock with 92% Upside
posted a net pro t of Rs 2 bn (up 0.3% YoY). (The 5 Minute Wrapup)
Sales on the other hand came in at Rs 27 bn Aug 28, 2019

(up 23.6% YoY). Read on for a complete Our high-quality recommendation is now
analysis of VOLTAS's quarterly results. available at buy levels.

Garden Reach Shipbuilders and 2 Disruptive Smallcap Ideas from My


Engineers Ltd: Is This PSU Shipbuilder Malaysian Diaries
Worth Betting On? (Profit Hunter)
(IPO) Aug 27, 2019
Sep 24, 2018
These disruptive smallcap plays will emerge
Should you apply for the IPO of Garden Reach stronger from the cleanup and formalisation in
Shipbuilders and Engineers Ltd? the economy.

VOLTAS 2018-19 Annual Report Analysis The India of Tomorrow Will Be Very
(Annual Result Update) Different. Watch Out for Stocks That
Jul 18, 2019 | Updated on Jul 18, 2019 Will Thrive in it.
Here's an analysis of the annual report of (The 5 Minute Wrapup)
VOLTAS for 2018-19. It includes a full income Aug 29, 2019
statement, balance sheet and cash ow
Many of tomorrow's big winners are already
analysis of VOLTAS. Also includes updates on
being conceived today. The tomorrow of
the valuation of VOLTAS.
corporate India is going to be here sooner than
you think.
VOLTAS Announces Quarterly Results
More
(4QFY19); Net Profit Down 17.5%
(Quarterly Result Update)
May 10, 2019 | Updated on May 10, 2019

For the quarter ended March 2019, VOLTAS has


posted a net pro t of Rs 2 bn (down 17.5%
YoY). Sales on the other hand came in at Rs 21
bn (up 0.7% YoY). Read on for a complete
analysis of VOLTAS's quarterly results. Get Instant Updates from Equitymaster
Click 'allow' to start receiving instant notifications
for our latest research and opinions on the stock
More Views on News
market and economy.

No Thanks    Allow

Get the Indian Stock Market's


Most Profitable Ideas
Get our special report,
How to Beat Sensex
Nearly 3X Now!

Enter E-Mail Address

Send My Free Report!


We will never sell or rent your email id.
Please read our Terms

VOLTAS SHARE PRICE

700

600

500

400
Jan '19 Jul '19

BSE: 629.55  -0.11%   NSE: 629.50  -0.12%


Sep 6, 2019 (Close)

TRACK VOLTAS

Track your investment in VOLTAS with


Equitymaster's Portfolio Tracker. Set live price
alerts, get research alerts and more. Get
access now...
Add To MyStocks

MORE ON VOLTAS

5-Yr Analysis (Factsheet)


8-Qtr Analysis

VOLTAS 8-QTR ANALYSIS

Gross Pro t (Rs m)

3k

2k

1k

0
2018 2019

Detailed Quarterly Results With Charts


Get Instant Updates from Equitymaster
COMPARE VOLTAS WITH
Click 'allow' to start receiving instant notifications
for our latest research and opinions on the stockBLUE STAR
market and economy. JAIN IRRIGATION
ANSALDO STS (Italy)
No Thanks    Allow
Compare With

OTHER USEFUL LINKS

Engineering Sector Report


Engineering Sector Quotes
Latest Engineering Sector Results
Fastest Growing Engineering Companies
Engineering Companies With Highest Dividend
Yield

MARKET STATS

Gainers Today
Engineering
25 results Go

ABOUT EQUITYMASTER

Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth
analysis Equitymaster is dedicated towards making its readers- smarter, more con dent and richer every day. Here's why hundreds of
thousands of readers spread across more than 70 countries Trust Equitymaster.

FREE NEWSLETTERS PREMIUM PRODUCTS QUICK LINKS APPS FOLLOW

The 5 Minute WrapUp Equitymaster Insider Trust Equitymaster Follow


Pro t Hunter Hidden Treasure The Equitymaster Way
The Honest Truth Microcap Millionaires Equitymaster FAQ
Vivek Kaul's Diary Exponential Pro ts How Does
Phase One Alert Equitymaster Work
Power Pro ts Views on News Archive
Pro t Velocity Today's Stock Market
Smart Money Secrets Update
StockSelect Research a Stock
ValuePro Sector Reports
Weekly Cash Alert India Stock Screener
The Vijay Bhambwani Portfolio Tracker
Show Customer Support
Private Brie ng
Investor Hour
Pro t Hunter Pro

Copyright © Equitymaster Agora Research Private Limited.


Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap

Equitymaster Agora Research Private Limited (Research Analyst) 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407

All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is
strictly prohibited and shall be deemed to be copyright infringement.

LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is
an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at
one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or
decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal
recommendation or take into account the particular investment objectives, nancial situations, or needs of individual subscribers. Before acting on any recommendation,
subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for
access or use by anyone in a country, especially, USA, Canada orGet InstantUnion
the European Updates from
countries, Equitymaster
where such use or access is unlawful or which may subject Equitymaster
Click 'allow'
or its a liates to any registration or licensing requirement. All content to start receiving
and information instant
is provided notifications
on an 'As Is' basis by Equitymaster. Information herein is believed to be
reliable but Equitymaster does not warrant its completeness or for our latest
accuracy researchdisclaims
and expressly and opinions on the stock
all warranties and conditions of any kind, whether express or implied.
Equitymaster may hold shares in the company/ies discussed market herein. Asanda economy.
condition to accessing Equitymaster content and website, you agree to our Terms and
Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.
No Thanks    Allow
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.

Вам также может понравиться