Voltas (NSE:VOLTAS) EV-to-EBITDA: 59.66 (As of Aug. 03, 2026) — 46% Above Median

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NSE:VOLTAS Voltas Ltd NSE:VOLTAS
88 GF Score
Price ₹1,328.90
GF Value ₹1,460.83
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Voltas EV-to-EBITDA?

Voltas NSE:VOLTAS -0.32% 88 EV-to-EBITDA is 59.66 as of Aug. 03, 2026, which is 46% above its 10-year median of 40.76. GuruFocus rates NSE:VOLTAS with a GF Score™ of 88/100 and a GF Value™ of ₹1,460.83 (Fairly Valued). The stock has 7 warning signs investors should review. Among 348 Furnishings, Fixtures & Appliances companies, Voltas ranks worse than 91.38% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Voltas's enterprise value is ₹434,329 Mil. Voltas's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹7,280 Mil. Therefore, Voltas's EV-to-EBITDA for today is 59.66.

The historical rank and industry rank for Voltas's EV-to-EBITDA or its related term are showing as below:

NSE:VOLTAS' s EV-to-EBITDA Range Over the Past 10 Years
Min: 13.5   Med: 40.76   Max: 82.31
Current: 59.66

During the past 13 years, the highest EV-to-EBITDA of Voltas was 82.31. The lowest was 13.50. And the median was 40.76.

NSE:VOLTAS's EV-to-EBITDA is ranked worse than
91.38% of 348 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.03 vs NSE:VOLTAS: 59.66

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-03), Voltas's stock price is ₹1328.90. Voltas's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹11.360. Therefore, Voltas's PE Ratio (TTM) for today is 116.98.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Voltas  (NSE:VOLTAS) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Voltas's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1328.90/11.360
=116.98

Voltas's share price for today is ₹1328.90.
Voltas's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹11.360.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Voltas EV-to-EBITDA Related Terms


Voltas EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Voltas's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Voltas EV-to-EBITDA Chart

Voltas Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.34 70.51 59.94 35.98 57.11

Voltas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.98 40.46 48.17 51.11 57.11

NSE:VOLTAS vs SN, SGI, MHK: EV-to-EBITDA Comparison

For the Furnishings, Fixtures & Appliances subindustry, Voltas's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Voltas EV-to-EBITDA vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Voltas's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Voltas's EV-to-EBITDA falls into.


NSE:VOLTAS
88GF Score
Voltas Ltd NSE:VOLTAS
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Voltas EV-to-EBITDA Calculation

Voltas's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=434329.331/7279.9
=59.66

Voltas's current Enterprise Value is ₹434,329 Mil.
Voltas's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹7,280 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 59.66 mean?
Voltas (NSE:VOLTAS) has a EV-to-EBITDA of 59.66 as of Aug. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Voltas. This is 46% above median its historical median of 40.76. Over the past decade, Voltas' EV-to-EBITDA has ranged from 13.50 to 82.31. According to the industry distribution chart, Voltas ranks #318 out of 348 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 91.4%.
Is Voltas' EV-to-EBITDA too high?
Voltas' current EV-to-EBITDA of 59.66 is 46% above median its 10-year median of 40.76. Over the past 10 years, this metric has ranged from a low of 13.50 to a high of 82.31. The Furnishings, Fixtures & Appliances industry median EV-to-EBITDA is 9.03. Voltas' value of 59.66 is 560.7% above this industry median. Based on the distribution chart, Voltas ranks #318 out of 348 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Voltas has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Voltas' EV-to-EBITDA compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Voltas ranks #318 out of 348 companies for EV-to-EBITDA. This places Voltas in the lower half of its industry. The industry median EV-to-EBITDA is 9.03. Voltas' value of 59.66 is 560.7% above this benchmark. Historically, Voltas' own EV-to-EBITDA has ranged from 13.50 to 82.31 over the past decade. While the company's 10-year median is 40.76 vs. the industry median of 9.03, Voltas has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Furnishings, Fixtures & Appliances company?
The median EV-to-EBITDA among Furnishings, Fixtures & Appliances companies is 9.03, based on 348 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Voltas's current EV-to-EBITDA of 59.66 is 560.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Voltas. For the Furnishings, Fixtures & Appliances industry, the median EV-to-EBITDA is 9.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voltas's current EV-to-EBITDA is 59.66, which is 46% above median its own 10-year median of 40.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voltas stock overvalued right now?
Based on GuruFocus' analysis, Voltas (NSE:VOLTAS) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,460.83, compared to a current price of ₹1,328.90 — trading 9% below its estimated fair value. The current EV-to-EBITDA is 59.66, which is 46% above median its 10-year median of 40.76 and 560.7% above the Furnishings, Fixtures & Appliances industry median of 9.03. Voltas' overall GF Score™ is 88/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Voltas (NSE:VOLTAS), the current EV-to-EBITDA is 59.66 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Voltas (NSE:VOLTAS) Overvalued in 2026?

Based on GuruFocus' analysis, Voltas stock appears to be undervalued. The current stock price of ₹1,328.90 is trading 9% below its estimated GF Value™ of ₹1,460.83. GuruFocus considers Voltas to be Fairly Valued.

Key valuation signals for NSE:VOLTAS:

  • EV-to-EBITDA: 59.66 (46% above median its 10-year median of 40.76)
  • GF Value™: ₹1,460.83 vs. price of ₹1,328.90 (9% below fair value)
  • GF Score™: 88/100 with 7 warning signs
  • Industry Position: 560.7% above the Furnishings, Fixtures & Appliances median (#318 of 348)

No single metric tells the full story. See the NSE:VOLTAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Voltas Business Description

Other Exchanges 500575:India
Address Dr. Babasaheb Ambedkar Road, Voltas House ‘A’, Chinchpokli, Mumbai, MH, IND, 400 033
Voltas Ltd is one of India's air conditioning companies. It provides engineering solutions for heating, ventilation, and air conditioning, refrigeration, textile machinery, and heavy equipment. Voltas has three operating segments: Unitary Cooling Products for Comfort and Commercial use, Engineering Products and Services, and Electro-Mechanical Projects and Services. The majority of its revenue is generated from the Unitary Cooling Products for Comfort and Commercial use segment. Remote monitoring and maintenance systems keep track of performance and strengthen relationships with customers. The majority of revenue comes from India, with the remainder split among the Middle East, Singapore, and other regions.
88GF Score

Get the complete analysis for NSE:VOLTAS

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,328.90
Price
₹1,460.83
GF Value