Voltas, a Tata Group company is one of the leading air conditioning and cooling solutions providers in India. Over the years, it has also diversified its product range to include home appliances, refrigeration etc.
In this episode, RJ Rohan will take you through the journey of Voltas.
[00:00:00] Hello everyone, Welcome to the latest episode of Har Stock Kuch Kehta Hai, presented by Angel One
[00:00:09] A K S A Podcast where we will go and we will explain how it is a company's journey
[00:00:14] Let's hope that you will enjoy our last episodes
[00:00:17] If you are listening to this podcast first then we would recommend that you check out our last episodes
[00:00:23] where we talked about Tata, Raymond's, Indico Airlines and Jilit India Limited JSC companies
[00:00:29] My name is Rohan and let's start today's episode
[00:00:41] So today we will talk about Volta's
[00:00:44] Volta's in 1954, Tata's and Volkart Brothers collaboration was established
[00:00:50] Volkart Brothers, a trading house founded in 1851 by Swiss Brothers, Salmon and John George Volkart
[00:00:56] which used to buy a raw cotton in India and then export manufactured goods back to India
[00:01:01] And today, Volta's is one of the India's leading air conditioning and cooling solution providers
[00:01:07] Volta's a part of Tata Group is a cooling solutions and engineering service provider
[00:01:12] Volta's has been in the shape of its position in the form of room air conditioners
[00:01:16] and in the world of the world, engineering solutions are provided
[00:01:20] Volta's portfolio has air conditioners, coolers, purifiers, commercial refrigerations
[00:01:25] and home appliances products are available
[00:01:27] Volta's has developed India and Gulf Corporation Council countries
[00:01:30] such as Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates
[00:01:36] which have delivered great projects successfully
[00:01:38] Unitary cooling products, Volta's Beko, International Operations, Infrastructure Solutions
[00:01:44] and mining and construction equipment have been seen in significant growth and achievements
[00:01:49] By using technology and innovation, it has also set new standards in the market
[00:01:53] The company has recently launched some new cooling solutions
[00:01:57] which are efficient and provides the diverse needs of consumers
[00:02:01] Volta's also established an amazing presence in international markets
[00:02:05] which includes Abu Dhabi and Qatar as well as major locations
[00:02:09] This global expansion helps the world wide consumers to reach the world
[00:02:15] Now, let's understand the value of Volta's
[00:02:17] Volta's in its conduct is given to Integrity by being fair, honest and transparent at every step
[00:02:24] In responsibility, environmental and social principles integrate into their business
[00:02:29] Let's look at the competition of Volta
[00:02:32] In the competitive landscape of air conditioning and refrigeration sector
[00:02:36] Volta stands out prominently with a sustainable market cap of Rs. 36,307.98 crores
[00:02:43] and a commendable net profit of Rs. 14505.31 crores
[00:02:49] Blue Star, another significant player holds a considerable market cap of Rs. 24,200.79 crores
[00:02:56] but trails behind Volta's in net profit with Rs. 366.58 crores
[00:03:00] Amber Enterprises India Limited, while having a lower market cap of Rs. 12,730.17 crores
[00:03:07] Demonstrates are relatively modest net profit of Rs. 48.92 crores
[00:03:12] Johnson controls with a market cap of Rs. 3145.71 crores
[00:03:17] Faces, challenges, evident from its negative net profit of Rs. minus 82.14 crores
[00:03:24] Now let's go to the industry
[00:03:28] Volta has a very big name in India, which is the major in engineering solutions
[00:03:38] LG and Blue Star are also a special player
[00:03:40] and also a special competitor for Volta's
[00:03:44] Both have around 11% market share
[00:03:47] Volta has developed a wide distribution network through India's different markets
[00:03:55] The company's engineering expertise helps the company to provide air conditioning solutions
[00:04:07] Volta supports sustainable growth and the development of the Indian vision
[00:04:11] Environmental and social responsibility is also committed
[00:04:15] Volta's future plan is to introduce new products and solutions to the market leadership
[00:04:20] Incaudish, not only to provide better-earned products and services
[00:04:25] but to provide sustainable and responsible business model through
[00:04:28] Samaj and Environment
[00:04:31] Volta provides her customer value for money and her goal
[00:04:36] to reach the market every year
[00:04:39] Now let's look at Volta's financial performances
[00:04:43] Volta has shown a remarkable financial growth in recent years
[00:04:47] which has increased their revenue and profit
[00:04:50] Volta has also shown a significant growth with its diverse business units
[00:04:57] Volta's limited on January 30, 2024
[00:05:00] reported a net loss of Rs. 27.6 crore for the third quarter that ended December 31, 2023
[00:05:07] The company's revenue from operations increased 30.9% to Rs. 2006-25.7 crores
[00:05:14] As against Rs. 2005 crores in the corresponding period of the preceding fiscal
[00:05:20] So we talked about Volta's financial performance
[00:05:22] Now let's talk about some CSR initiatives
[00:05:25] Volta's through its CSR initiatives
[00:05:28] Environment protection, community development and education
[00:05:31] in the fields that are in the field
[00:05:33] The company's belief is that sustainable growth
[00:05:35] is not only a financial success but also a responsibility for society
[00:05:40] Volta's make an initiative to support the initiative
[00:05:44] and to diversify its product portfolio
[00:05:48] Along with sustainable practices with a focused approach to engage, equip and empower
[00:05:53] Building people's participation
[00:05:55] Equipping them to work towards social development and bringing in ownership
[00:05:59] It has trained 20,600 youth towards skilled development programs
[00:06:03] trained 2089 teachers to provide quality education
[00:06:07] and taught 501 farmers about improved agricultural techniques
[00:06:11] Volta's innovation was focused on the industry
[00:06:15] to improve their leadership position
[00:06:21] So this was Volta's journey
[00:06:23] Thank you so much for listening to us
[00:06:24] We hope that you will like our episode
[00:06:27] If yes, then please do share it with your friends and family
[00:06:30] From this show's point of view
[00:06:31] We bring a new company's story for you
[00:06:35] So don't forget to follow the show
[00:06:38] Her stock is something presented by Angel 1
[00:06:40] We'll meet you in the next episode
[00:06:42] with a new company
[00:06:43] So until next time
[00:06:44] wishing you good luck in your financial journey
[00:06:54] We'll meet you in the next episode