30 September 2014

Leader in cooling products.. Voltas :: ICICI Securities, pdf link

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Leader in cooling products..
Voltas is a leading air conditioning company in India and operating mainly
into the three business segments namely Electro Mechanical Projects and
services (EMPS, contributes ~52% in FY14 topline), Engineering Products
& Services (EPS, contributes ~9% in FY14 topline) and Unitary Cooling
Products for comfort & commercial use (UCP, contributes ~39% in FY14
topline). Voltas has migrated from initial HVAC (Heat, Ventilation and air
conditioning) projects to wide scope of services called MEP projects
(includes both domestic and international). MEP projects are
encompassing Mechanical, Electrical and Public health of which HVAC is
a sub category of Mechanical. Under EPS segment, it provides mining &
construction equipments (M&CE) and textiles machineries to the
respective industries. The products offered under M&CE are Shovels,
dumpers, loaders, crushers & screening plants, and textiles machines
includes spinning, knitting and weaving machines respectively. Voltas is
India’s largest room air conditioner manufacturers with market share over
20% in FY14 with over 9000 touch points in India.



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LINK
http://content.icicidirect.com/mailimages/IDirect_Voltas_CoUpdate_Sept14.pdf

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