Voltas vs Blue Star vs Havells India: Which Stock Should You Track
- September 23, 2026
- Posted by: Harsh Piplani
- Category: Market
Voltas PE 82.49, mkt cap Rs 36,464 crore. Blue Star PE 61.79, mkt cap Rs 31,459 crore. Havells India PE 41.85, mkt cap Rs 68,279 crore.
Quick Answer
Voltas vs Blue Star vs Havells India is a side-by-side comparison of three companies from the Consumer Durables and Electricals space. On this comparison, Voltas carries a market capitalisation of about Rs 36,464 crore against Rs 31,459 crore for Blue Star and Rs 68,279 crore for Havells India, with return on equity of 5.89%, 15.38% and 17.88% respectively. Each company’s numbers are presented here without a declared better pick, since the right stock depends on an investor’s own criteria.
Voltas vs Blue Star vs Havells India starts with the core numbers most investors compare within the Consumer Durables and Electricals segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of September 2026 and will shift with daily price moves.
All three names sit in the Consumer Durables and Electricals bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.
Click Here – Get Free Investment Predictions
Voltas, Blue Star and Havells India: Company Overview
Voltas is a listed Indian company in the Consumer Durables and Electricals space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Blue Star is a listed Indian company in the Consumer Durables and Electricals space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Havells India is a listed Indian company in the Consumer Durables and Electricals space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Voltas vs Blue Star vs Havells India: Valuation and Profitability Snapshot
| Metric | Voltas | Blue Star | Havells India |
|---|---|---|---|
| Market Cap (approx.) | Rs 36,464 crore | Rs 31,459 crore | Rs 68,279 crore |
| PE Ratio (TTM) | 82.49 | 61.79 | 41.85 |
| PB Ratio | 5.72 | 9.17 | 7.22 |
| Return on Equity (ROE) | 5.89% | 15.38% | 17.88% |
| EPS (TTM, Rs) | 13.36 | 24.76 | 26.00 |
| Dividend Yield | 0.36% | 0.56% | 0.92% |
| Debt to Equity | 0.16 | 0.24 | 0.03 |
| Book Value per Share (Rs) | 192.70 | 166.89 | 150.67 |
Check the Univest Screener for Live Data
On valuation, Voltas trades at a PE of 82.49 and a PB of 5.72, Blue Star at a PE of 61.79 and a PB of 9.17, while Havells India trades at a PE of 41.85 and a PB of 7.22. On return on equity, the three post 5.89%, 15.38% and 17.88% respectively, and on dividend yield they stand at 0.36%, 0.56% and 0.92%.
Voltas vs Blue Star vs Havells India: Latest Quarterly Results
| Company | Latest Quarter Revenue | Latest Quarter Net Profit | YoY Change (Revenue) | QoQ Change (Revenue) |
|---|---|---|---|---|
| Voltas | Rs 4,764.74 crore | Rs 212.76 crore | +18.5% | -3.4% |
| Blue Star | Rs 3,398.68 crore | Rs 102.51 crore | +13.4% | -17.0% |
| Havells India | Rs 6,572.35 crore | Rs 289.71 crore | +19.0% | -6.1% |
Quarterly figures above are the most recent reported quarter for each company (Q1 FY28, quarter ended June 2026), compared with the year-ago and preceding quarter.
Download the Univest iOS App or Univest Android App to track Voltas, Blue Star and Havells India live prices.
What Should Investors Look at Beyond These Numbers?
Beyond the metrics above, investors comparing these three consumer durables and electricals names should track quarter-on-quarter revenue and margin trends, management commentary on demand and input costs, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.
Conclusion
Voltas vs Blue Star vs Havells India highlights how differently three companies in the same consumer durables and electricals segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Voltas vs Blue Star vs Havells India
What is the market cap difference between Voltas, Blue Star and Havells India?
Ans. As of September 2026, Voltas has a market cap of approximately Rs 36,464 crore, Blue Star is at approximately Rs 31,459 crore, and Havells India is at approximately Rs 68,279 crore.
Which of the three has the highest PE ratio?
Ans. Among Voltas, Blue Star and Havells India, the PE ratios stand at 82.49, 61.79 and 41.85 respectively as of September 2026.
Which of the three has the highest ROE?
Ans. Voltas, Blue Star and Havells India post ROE of 5.89%, 15.38% and 17.88% respectively as of September 2026.
Which of these three stocks pays the highest dividend yield?
Ans. Voltas, Blue Star and Havells India carry dividend yields of 0.36%, 0.56% and 0.92% respectively.
What is the debt to equity ratio for Voltas, Blue Star and Havells India?
Ans. Voltas carries a debt to equity of 0.16, Blue Star of 0.24, and Havells India of 0.03.
Which of the three trades at the highest price to book value?
Ans. Voltas, Blue Star and Havells India trade at price to book ratios of 5.72, 9.17 and 7.22 respectively.
Is one of Voltas, Blue Star or Havells India better than the others?
Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor’s own criteria and research.
