Voltas Share Price Drops 1.11%; Govt Exempts BIS Certification for AC Parts

Voltas Ltd has been gaining attention on Thursday. On March 20, 2025, Voltas share price opened at ₹1,510.15, up from its previous close of ₹1,495.20. However, at 10:14 AM, the share price of Voltas was trading at ₹1,478.65, down by 1.11% on the NSE. The company’s share price hit its day’s low so far at ₹1,469.50. 

Government Relaxes BIS Certification for AC and Refrigerator Components

In a key regulatory move, the government has exempted certain critical air-conditioner and refrigerator components from mandatory Bureau of Indian Standards (BIS) certification. 

The Department for Promotion of Industry and Internal Trade (DPIIT) removed the factory requirement for BIS certification for grooved copper tubes and AC compressors of 2 tonnes and above capacity, including those imported from China. 

This decision is aimed at preventing supply shortages amid expectations of a scorching summer.

Voltas Sees RAC Revenue Growth

Voltas reported a 35% year-on-year growth in its room air conditioner (RAC) revenue for April 2024 – February 2025, outpacing the industry’s 30% growth. The company reassured investors that its market share typically dips in January and February but rebounds from April onwards. 

Addressing supply chain concerns, Voltas stated that despite a drop in compressor imports from China in the December quarter, it has successfully secured alternate supply sources. The company also expects the government to permit continued imports until domestic production capacity is sufficient to meet demand.

With strong revenue growth and proactive supply chain management, Voltas remains optimistic about the upcoming peak summer season.

Conclusion

With the government easing BIS norms to prevent supply shortages, Voltas seems to be well-positioned for the peak summer season despite short-term market fluctuations.

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