A Vault For Profits: How Voltas Snowballed Investors’ ₹1 L to ₹2.04 Cr

Published by Trinkerr Academy on

If you had invested ₹1 lakh in August 2002, then you could have had ₹2.04 crores today! This multibagger gave immense returns of 20,469.77% with a dividend of ₹1,08,29,484. Let’s take a closer look at this company.

❄️ Stock: Voltas Ltd.


🧊 About The Company

Tata Sons and Volkart Brothers collaborated to build Voltas more than 60 years ago! As an engineering, procurement and construction contractor, Voltas works on electro-mechanical, air conditioning, and refrigeration projects both domestically and abroad (in the Middle East and Singapore). It also provides engineered product services for mining, water management and textile industries. Today, Voltas is one of the best-known companies offering engineering solutions with a focus on project management, with over 5,000+ customer sites actively managed across India.

🍨 Key Business Segments

58% ➡️ Engineering Projects

In projects involving electromechanical components, Voltas provides comprehensive end-to-end solutions. It offers mechanical, electrical and plumbing services for hospitals, malls, hotels and other facilities, including metro stations and airports. Voltas International is acknowledged as a preferred mechanical, electrical and plumbing contractor for mid-to-large size projects in several GCC nations, including the UAE, Qatar, Oman, Bahrain etc. To date, it has completed over 130 projects in over 35 nations.

36% ➡️ Unitary Cooling Products

Air conditioners, air coolers and commercial refrigeration devices are included in unitary cooling products.

5% ➡️ Engineering Products

Engineering products include mining and construction equipment as well as textile machinery.

☃️ Growth Potential

Voltas seeks to boost localisation while reducing its reliance on imports. The corporation has 4 production plants in India alone.

❄️ Started up a Gujarat manufacturing unit in cooperation with Arçelik. In order to increase production and gain a bigger market share in the white goods sector, the facility also includes research and development (R&D) and testing capabilities.

❄️ A distribution channel expansion programme and 180 EBOs are in progress.

❄️ Unique stores that will serve as “Experience Zones,” giving customers a chance to interact directly with the full spectrum of Voltas’ goods, are being established.

❄️ On August 7, 2002, the shares of the company were trading at ₹4.73, while they were priced at ₹972.95 as of August 5, 2022.


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