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Voltas
4.0
based on 2.2k Reviews
Video summary
Company Overview
Associated Companies
Company Locations
Working at Voltas
Company Summary
Voltas is India's leading brand in home appliances and a global brand in providing engineering solutions. They offer products like AC, refrigerators, and washing machines at affordable prices.
Overall Rating
4.0/5
based on 2.2k reviews
3% above
industry average
Highly rated for
Job security, Company culture, Work-life balance
Critically rated for
Promotions
Work Policy
Work from office
81% employees reported
Monday to Saturday
73% employees reported
Flexible timing
53% employees reported
Within city
39% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
161 employees reported
Health insurance
138 employees reported
Office cab/shuttle
79 employees reported
Cafeteria
53 employees reported
View all benefits
About Voltas
Founded in1954 (71 yrs old)
India Employee Count1k-5k
Global Employee Count10k-50k
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websitevoltas.com
Primary Industry
Other Industries
View in video summary
Voltas is the No. 1* Room Air Conditioner Brand in India. Apart from ACs, Voltas offers a wide range of cooling products including Air Coolers, Commercial Refrigeration, Water Coolers and Water Dispensers. Apart from being the leaders in consumer products, Voltas is also one of the world's premier engineering solutions providers and project specialists. We offer engineering solutions for a wide spectrum of industries such as heating, ventilation, air conditioning, refrigeration, electro-mechanical projects, water management, mining, construction & textile.
Voltas Ratings
based on 2.2k reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
1k
4
610
3
303
2
90
1
136
Category Ratings
4.1
Job security
3.8
Company culture
3.8
Work-life balance
3.8
Skill development
3.7
Work satisfaction
3.6
Salary
3.2
Promotions
Voltas is rated 4.0 out of 5 stars on AmbitionBox, based on 2.2k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Voltas
based on 2k reviews
3.9
Rated by 100 Women
Rated 4.1 for Job security and 3.8 for Work-life balance
4.0
Rated by 1.9k Men
Rated 4.1 for Job security and 3.8 for Work-life balance
Work Policy at Voltas
based on 259 reviews in last 6 months
Work from office
81%
Hybrid
12%
Permanent work from home
7%
Voltas Reviews
Top mentions in Voltas Reviews
+ 5 more
Compare Voltas with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 2.2k reviews | 4.0/5 based on 3.9k reviews | 4.1/5 based on 4.3k reviews | 4.0/5 based on 4.1k reviews |
Highly Rated for | Job security Skill development Work-life balance | Work-life balance Company culture | Skill development Company culture Work-life balance | Skill development |
Critically Rated for | Promotions | Promotions | Promotions | Promotions |
Primary Work Policy | Work from office 81% employees reported | Hybrid 52% employees reported | Work from office 79% employees reported | Work from office 83% employees reported |
Rating by Women Employees | 3.9 Good rated by 100 women | 3.9 Good rated by 1.1k women | 4.0 Good rated by 310 women | 3.9 Good rated by 237 women |
Rating by Men Employees | 4.0 Good rated by 1.9k men | 4.0 Good rated by 2.4k men | 4.1 Good rated by 3.6k men | 4.0 Good rated by 3.5k men |
Job security | 4.1 Good | 3.5 Good | 3.6 Good | 3.4 Average |
View more
Voltas Salaries
Voltas salaries have received with an average score of 3.6 out of 5 by 2.2k employees.
Service Engineer
(218 salaries)
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₹1.8 L/yr - ₹9.5 L/yr
Safety Officer
(154 salaries)
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₹2.8 L/yr - ₹7 L/yr
Senior Engineer
(145 salaries)
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₹3.5 L/yr - ₹9.5 L/yr
Site Engineer
(134 salaries)
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₹2 L/yr - ₹6.5 L/yr
Sales Executive
(123 salaries)
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₹1.2 L/yr - ₹5.5 L/yr
Area Service Manager
(115 salaries)
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₹4.5 L/yr - ₹18.6 L/yr
Area Sales Manager
(110 salaries)
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₹6.5 L/yr - ₹16.8 L/yr
Sales Manager
(81 salaries)
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₹6.6 L/yr - ₹23 L/yr
Project Engineer
(77 salaries)
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₹2.4 L/yr - ₹9 L/yr
Project Manager
(65 salaries)
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₹8.5 L/yr - ₹27 L/yr
Voltas Interview Questions
Interview questions by designation
Top Voltas interview questions and answers
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Voltas Jobs
Popular Designations Voltas Hires for
Diploma Trainee Engineer
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Graduate Engineer Trainee (Get)
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Project Manager
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Chartered Accountant
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Industrial Trainee
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Legal Manager
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Voltas News
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Compressor Crunch: India’s race to build domestic capacity
- Manufacturing domestic air-conditioner compressors is gaining focus in India due to the surge in demand for room ACs and import pressures caused by China's dominance.
- India's room AC market is projected to reach 14-15 million units in FY25, with a future demand expected to rise to 18 million units. However, the limited installed capacity for room AC compressors, currently at 6 million units, calls for domestic expansion.
- The high dependence on imported compressors from China is causing a supply gap in the market. Compressor imports from China have surged by 43% in volume from April to December 2024.
- Leading AC brands like Voltas, Blue Star, PG, and Amber are considering large-scale investments in compressor manufacturing facilities, but the process may take three to four years. Precision machining and capital investment in advanced technology are major challenges for Indian manufacturers in this sector.
HinduBusinessLine | 20 Mar, 2025
Voltas To Focus On Volume, Market Share, Says ICICI Securities Maintaining 'Add' Rating On The Stock
- Voltas has decided to focus on volume growth and regaining lost market share.
- ICICI Securities maintains 'Add' rating on the stock and trims FY26-27E earnings.
- Voltas wants to focus on absolute profitability rather than just the margins.
- The increased investments in ATL spends, sales team, and merchandisers may slightly weigh on margins in the near term.
Bloomberg Quint | 20 Mar, 2025
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'Buy' Voltas Maintains Motilal Oswal, Target Of Rs 1710 — Here's Why
- Motilal Oswal reiterates Buy rating on Voltas with a target price of Rs 1710.
- The target price is based on 50x FY27E EPS for UCP segment, 25x FY27E EPS for PES and EMPS segments, and Rs 22/share for Voltbek.
- The brokerage expects the margin of the UCP segment to be in the high single digits.
- Higher volume growth is expected to have a positive impact.
Bloomberg Quint | 20 Mar, 2025
Why Polycab, Amber Enterprises, Voltas, Crompton Are Jefferies' Picks In Small, Mid-Caps
- Jefferies prefers Polycab India Ltd., Amber Enterprises India Ltd., Voltas Ltd., and Crompton Greaves Consumer Electricals Ltd. in India's small and midcap space.
- Polycab India Ltd. has a 'buy' rating with a target price of Rs 6,485, which implies a 29.18% upside from Monday's closing price.
- Amber Enterprises India Ltd. has a 'buy' rating from Jefferies with Rs 8,845 as target price, implying a 36.1% upside from Monday's closing price.
- Crompton Greaves Consumer Electricals Ltd. has a 'buy' rating with a target price Rs 480 apiece, implying a 36.13% upside from Monday's closing price.
Bloomberg Quint | 18 Mar, 2025
Stock Market Today: All You Need To Know Going Into Trade On March 17
- On March 17, the NSE Nifty 50 closed 0.33% lower at 22,397.20, and the BSE Sensex dropped 0.27% to 73,828.9.
- Asian equities saw gains, with Japan's Nikkei up 1.3%, Australia's S&P ASX 200 up 0.6%, and South Korea's Kospi up 1.5%.
- In the US, major indices rose, but futures hinted at a weaker opening; US Dollar Index stood at 103.74.
- Foreign portfolio investors continued as net sellers while domestic institutional investors remained net buyers in Indian equities.
- Notable stock updates included IndusInd Bank, Ola Electric, Alkem Laboratories, and companies like NTC Industries, Dr. Reddy's, and Voltas.
- Various companies announced appointments, strategic decisions, project launches, and financial updates, impacting stock movements.
- Trading tweaks, F&O cues, and currency updates were also observed, with the rupee ending stronger against the US dollar.
- Overall, the article provides a comprehensive overview of the stock market movements and significant company announcements on March 17.
- For more details and live updates, viewers can watch NDTV Profit for ongoing stock market updates.
- The stock market landscape on March 17 reflected a mix of global and domestic factors influencing trading activities and investor sentiment.
Bloomberg Quint | 17 Mar, 2025
Amber, Crompton, Voltas: Jefferies' Top Picks Set To See Big Summer Boost
- Jefferies' top summer picks include Amber Group, Voltas Ltd., and Crompton Greaves Consumer Electricals Ltd. in the air-conditioning space.
- Amber Group is a demand aggregator, with 70% domestic market share in AC contract manufacturing and 25% overall value share.
- Jefferies maintains a 'hold' rating on Havells India Ltd., Whirlpool, and Bluestar due to relatively rich valuations.
- Stay updated with live TV, stock market updates, business news, IPO, and more on NDTV Profit.
Bloomberg Quint | 11 Mar, 2025
Stock Market Live Updates 3 March 2025: Sensex, Nifty brace for volatility amid global uncertainties
- Q4CY24 GDP shows shallow recovery, with downgraded GDP forecasts for FY25 and FY26 by various financial institutions.
- RBI indicates the rate cutting cycle will continue amid the recovery.
- Stock updates: Companies like Axis Bank, Adani Green, Voltas, and Jindal Steel make significant moves and announcements.
- Key agreements, contracts, and developments in various sectors including solar energy, gaming, and technology reported.
- M&M reports higher tractor and auto sales numbers, exceeding estimates, indicating positive performance.
- US Core PCE Price Index in line with expectations, while NSE and BSE witness substantial turnover.
- Stock analysis and recommendations for companies like Chambal Fertilisers, Shyam Metalics, and HG Infra Engineering shared.
- Updates on crude oil prices, dollar index, gold and silver futures, rupee's performance, and investments in gold ETFs discussed.
- Information on UltraTech Cement investments, HealthCare Global growth prospects, and NTPC investment opportunities provided.
- Trade recommendations for AU Small Finance Bank, Axis Bank, Cholamandalam Investment and Finance Company, and insights on Nifty indices changes shared.
HinduBusinessLine | 3 Mar, 2025
Market penetration of ACs in India anticipated to grow to nearly 60%: Voltas’ RAC head
- Voltas' RAC head expects the market penetration of ACs in India to grow to nearly 60%.
- Voltas has a 20% market share in the RAC category and crossed the 2-million mark in the sale of RAC units in the past year.
- Key drivers of RAC demand include rising temperatures, growing consumer affordability, and expanding finance options.
- Voltas is also targeting growth in the commercial air conditioning segment, particularly in data centers.
HinduBusinessLine | 20 Feb, 2025
Voltas Share Price Target 2025, 2026 to 2030
- TATA Voltas, founded in 1954, is a leading AC and home appliances manufacturer with a market share of over 21%.
- Predictions for Voltas' share price target include Rs 1,447 to Rs 1,080 for 2025 and Rs 1,586 to Rs 1,206 for 2026.
- Further projections extend to 2030, with targets ranging from Rs 2,309 to Rs 1,490.
- The company's shareholding pattern includes promoters at 30.3%, FII at 17.18%, DII at 37.21%, and public at 15.32%.
- Voltas faces competition from companies like Blue Star, Amber Enterprise, Johnson Control, and Virtuoso Optoel.
- Over the past 15 years, Voltas’ stock has grown significantly, showing an increase of 8,101% since 1999.
- The article also provides insights into the stock's historical performance and recommends expert advice before investing.
- Key FAQs include share price targets for years 2025, 2026, 2027, 2028, 2029, and 2030.
- Disclosure: Stock market predictions are subject to change, and readers are advised to verify information independently.
- For further inquiries or expert advice on stock market investments, readers can contact the provider via email.
VIE Stories | 19 Feb, 2025
Pradeep Bakshi to Step Down as Voltas MD and CEO, Mukundan Menon to Take Over in September
- Pradeep Bakshi will step down as Voltas MD and CEO in August.
- Mukundan Menon, current Executive Director, will take over as MD in September.
- Bakshi's leadership made Voltas the market leader in the Indian AC industry.
- Voltas reported impressive financial results for Q3 with increased total income and net profit.
All Things Talent | 31 Jan, 2025
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Voltas Subsidiaries
Rohini Industrial Electricals
4.1
• 66 reviews
Weather Makers
4.8
• 7 reviews
Olayan Voltas Contracting Company
4.6
• 3 reviews
Voltas Water Solutions
4.6
• 3 reviews
Universal Comfort Products
4.0
• 1 review
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Voltas FAQs
When was Voltas founded?
Voltas was founded in 1954. The company has been operating for 71 years primarily in the Consumer Electronics & Appliances sector.
Where is the Voltas headquarters located?
Voltas is headquartered in Mumbai, Maharashtra.
How many employees does Voltas have in India?
Voltas currently has more than 1,900+ employees in India. Construction & Site Engineering department appears to have the highest employee count in Voltas based on the number of reviews submitted on AmbitionBox.
Does Voltas have good work-life balance?
Voltas has a Work-Life Balance Rating of 3.8 out of 5 based on 2,100+ employee reviews on AmbitionBox. 76% employees rated Voltas 4 or above, while 24% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Voltas work-life balance reviews for more details
Is Voltas good for career growth?
Career growth at Voltas is rated as moderate, with a promotions and appraisal rating of 3.2. 24% employees rated Voltas 3 or below, while 76% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Voltas promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in Voltas?
Working at Voltas comes with several advantages and disadvantages. It is highly rated for job security, company culture and skill development. However, it is poorly rated for promotions / appraisal, based on 2,100+ employee reviews on AmbitionBox.
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