Intimation of investor presentation

October 29, 2026 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, G Block, Bandra-Kurla Complex, Mumbai- 400 001 Bandra-East, Mumbai- 400 051 Scrip Code: 532953 Symbol: VGUARD Dear Sir/Madam, Sub: Submission of Investor Presentation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit Investor Presentation on Un-Audited Financial Results of the Company for the quarter and half year ended September 30, 2026. We request you to kindly take the above information on record. Thanking You, Yours Sincerely, For V-Guard Industries Limited Vikas Kumar Tak Company Secretary & Compliance Officer Membership No. FCS 6618 Encl: As above V-GUARD INDUSTRIES LTD P . W +91 484 300 5000, 200 5000 Regd. Office: 42/962, mail@vguard.in Vennala High School Road, www.vguard.in Vennala, Kochi – 682 028. CIN: L31200KL1996PLC010010 V-Guard Industries Q2 FY27 Earnings Presentation Disclaimer 2 Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Important developments that could affect the Company’s operations include changes in the industry structure, significant changes in political and economic environment in India and overseas, tax laws, import duties, litigation and labour relations. V-Guard Industries Limited (V-Guard) will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. Table of Contents 3 CMD’s Message 04 Key Highlights 05 Financial Highlights 06-10 Segment-wise/Geographical Breakup of Revenues 11-13 Annexure 14-16 Chairman & Managing Director’s Commenting on the performance for Q2 FY27, Mr. Mithun Chittilappilly, Chairman & Message Managing Director – V-Guard Industries Limited said, “The business delivered another quarter of robust and consistent performance with all segments delivering strong growth which was a combination of both price and healthy volume growth for most of the categories. The growth was driven by inherent resilience of the business, right focus and supportive market conditions. In Q2 FY27, Consolidated Net Revenue from operations stood at ₹1,853 crore, higher by 38.2% YoY while Profit after Tax was ₹112 crore, higher by 71% YoY. For the half year, Consolidated Net Revenue from operations stood at ₹3,664 crore, higher by 30.5% YoY while Profit after Tax was ₹242 crore, higher by 74% YoY. While all segments delivered strong growth, the Electronics segment reported particularly high growth aided by Solar Products as well as Digital Inverter & Battery. The Electricals segment witnessed both volume growth and higher price realisations driven by commodity price inflation, while Consumer Durables reported growth in revenues along with an improvement in profitability. On the back of functional integration of Sunflame, our initiatives to further strengthen product portfolio and improve market presence are beginning to yield results. Gross margin moderated during the quarter, due to both product mix and continued input cost inflation. Pricing actions are being undertaken to mitigate these pressures. We expect some recovery in margins as these pricing actions take effect, supported by our ongoing initiatives around cost optimisation and increasing the share of in-house manufacturing. We continue to monitor the geo-political situation and will take appropriate actions necessary to protect supplies and margins. We are hopeful to deliver healthy growth in the upcoming quarters.” Based on Consolidated Financials Key Highlights – Q2 FY27 5 • Q2 FY27 revenue increased by 38.2% YoY to Rs. 1,852.89 crore Revenue increased by • South markets witnessed a YoY growth of 51% whereas Non-South markets grew by 23.2% in Q2 FY27 38.2% YoY in Q2 FY27 • Non-South markets contributed to 41% of total revenues in Q2 FY27 as compared to 46% in Q2 FY26 • Gross margin at 34.3%, a decrease of 325 bps YoY as compared to 37.6% in Q2 FY26 EBITDA performance • Ad/promotional spends, at 2.3% of revenues in Q2 FY27 as compared to 2.9% in Q2 FY26 and PAT • EBITDA at Rs. 167.93 crore in Q2 FY27 grew 53.7% YoY, as compared to Rs. 109.26 crore in Q2 FY26 • EBITDA margin for Q2 FY27 is 9.1% as compared to 8.1% in Q2 FY26 • Q2 FY27 PAT increased 71% YoY to Rs. 111.67 crore Robust cash flow • CFO generation for H1 FY27 at Rs. 458.35 crore compared to Rs. 195.08 crore for H1 FY26 generation and • ROE and Core ROCE (excl. cash) at 16% and 23.4%, respectively over the last 12 months balance sheet • Net cash as on 30th September 2026 is Rs. 530.44 crore, as against net cash on 30th September 2025 of Rs. 92.78 crore Based on Consolidated Financials 5 P&L Snapshot (including Sunflame) 6 P&L Statement Q2 FY27 Q2 FY26 Change Q1 FY27 H1 FY27 H1 FY26 Change Particulars (Rs. Cr) (Rs. Cr) % (Rs. Cr) (Rs. Cr) (Rs. Cr) % Net Revenue (NR) 1,852.89 1,340.92 38.2% 1,810.65 3,663.54 2,807.00 30.5% COGS 1,216.87 837.10 45.4% 1,142.82 2,359.69 1,762.51 33.9% Gross Margin 34.3% 37.6% -3.3% 36.9% 35.6% 37.2% -1.6% EBITDA (excluding other income) 167.93 109.26 53.7% 190.96 358.89 232.85 54.1% as a % to NR 9.1% 8.1% 1.0% 10.5% 9.8% 8.3% 1.5% Other Income (including finance income) 13.65 4.91 178.0% 11.68 25.33 10.16 149.3% EBITDA including other income 181.58 114.17 59.0% 202.64 384.22 243.01 58.1% as a % to NR 9.8% 8.5% 1.3% 11.2% 10.5% 8.7% 1.8% PBT 149.74 85.08 76.0% 171.87 321.61 183.34 75.4% as a % to NR 8.1% 6.3% 1.8% 9.5% 8.8% 6.5% 2.3% PAT 111.67 65.29 71.0% 130.25 241.92 139.14 73.9% as a % to NR 6.0% 4.9% 1.1% 7.2% 6.6% 5.0% 1.6% Based on Consolidated Financials P&L Snapshot (excluding Sunflame) 7 P&L Statement Q2 FY27 Q2 FY26 Change Q1 FY27 H1 FY27 H1 FY26 Change Particulars (Rs. Cr) (Rs. Cr) % (Rs. Cr) (Rs. Cr) (Rs. Cr) % Net Revenue (NR) 1,779.63 1,277.78 39.3% 1,745.28 3,524.91 2,688.35 31.1% COGS 1,171.13 799.90 46.4% 1,101.32 2,272.45 1,692.32 34.3% Gross Margin 34.2% 37.4% -3.2% 36.9% 35.5% 37.0% -1.5% EBITDA (excluding other income) 164.12 105.10 56.2% 188.29 352.41 226.41 55.7% as a % to NR 9.2% 8.2% 1.0% 10.8% 10.0% 8.4% 1.6% Other Income (including finance income) 13.40 4.58 192.6% 11.43 24.83 9.49 161.6% EBITDA including other income 177.52 109.68 61.9% 199.72 377.24 235.90 59.9% as a % to NR 10.0% 8.6% 1.4% 11.4% 10.7% 8.8% 1.9% PBT 147.81 82.54 79.1% 170.91 318.72 180.02 77.0% as a % to NR 8.3% 6.5% 1.8% 9.8% 9.0% 6.7% 2.3% PAT 109.98 60.82 80.8% 129.77 239.75 136.65 75.4% as a % to NR 6.2% 4.8% 1.4% 7.4% 6.8% 5.1% 1.7% Based on Consolidated Financials Financial Highlights (Q2 FY27 vs. Q2 FY26) 8 Net Revenue (Rs. crore) Gross Profit (Rs. crore) 1,853 1,341 Key Ratios (%) Q2 FY27 Q2 FY26 Gross Margin 34.3% 37.6% 38.2% 26.2% EBITDA Margin (excl. other income) 9.1% 8.1% Profit after Tax 6.0% 4.9% Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Ad & Promotion Exp./ Net Revenue 2.3% 2.9% EBITDA (Rs. crore) PAT (Rs. crore) Employee Cost/ Net Revenue 8.7% 10.2% 168 Other Expenditure/ Net Revenue 16.6% 19.3% 109 Tax rate 25.4% 23.3% Diluted EPS (Rs.) 2.54 1.48 53.7% 71.0% Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Based on Consolidated Financials Financial Highlights (H1 FY27 vs. H1 FY26) 9 Net Revenue (Rs. crore) Gross Profit (Rs. crore) 3,664 1,304 2,807 1,044 Key Ratios (%) H1 FY27 H1 FY26 Gross Margin 35.6% 37.2% 30.5% 24.8% EBITDA Margin (excl. other income) 9.8% 8.3% Profit after Tax 6.6% 5.0% H1 FY26 H1 FY27 H1 FY26 H1 FY27 Ad & P [Showing first 8,000 characters — download PDF for full document]