BSECompany Update3d ago · 29 Jul 2026, 01:40 pm
Press release
V-Guard Industries Ltd · 532953
✦ AI Summary▲ PositiveResults
V-Guard Industries Ltd reported a 23.5% growth in consolidated net revenue from operations for the quarter ended June 30, 2026, with profit after tax growing 76.4% to Rs. 130.25 crs.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
V-Guard Industries Ltd - 532953 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Attachments (1)
📄pdf
Download →
2fb5d106-9a50-4a21-a1de-717c8f04bd11.pdf
View document text
July 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: Press Release
Please find enclosed herewith press release on the Un-Audited Financial Results of the
Company for the quarter ended June 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's Ql FY 2026-27 Revenue grows by 23.5%; Profit after tax grows 76.4%
V-Guard Industries Ltd., a leading Consumer Electricals and Electronics Company announced its
unaudited financial results for the quarter ended June 30, 2026.
Q1 FY 2026-27 highlights:
• Consolidated Net Revenue from operations for the quarter ended June 30, 2026 is Rs. 1810.65 crs; a
growth of 23.5% over the revenue recorded in corresponding period of the previous year (Rs.
1466.08 crs).
• Consolidated Profit After Tax for the quarter is Rs.130.25 crs, a growth of76.4% as against Rs. 73.85
crs recorded in corresponding period of the previous year.
Business Outlook:
Commenting on the company's performance, Mr. Mithun. K. Chittilappilly, Managing Director, V-Guard
Industries Ltd said "The business delivered a strong performance for the quarter with all segments
delivering double digit growth. Despite challenges posed by the West Asia war, the company delivered
robust results while sustaining healthy margins driven by inherent resilience of the business, proactive
actions and a supportive summer season.
We will continue to monitor the geo-political situation and will take appropriate actions necessary to
protect supplies and margins. We are hopeful that the growth momentum will sustain in the upcoming
quarters."
V-Guard Industries Ltd.
Key highlights
Ql FV27 update
1 P&L Summary
if in crores
Particulars Ql FV27 Ql FV26 Change
Net revenue (NR) 1810.65 1466.08 23.5%
COGS 1142.82 925.41 23.5%
Gross margin 36.9% 36.9%
EBITDA excluding other income 190.96 ·123.59 54.5%
as a% to NR 10.5% 8.4%
Other income 11.68 5.25 122.5%
EBITDA after other income 202.64 128.84 57.3%
as a% to NR 11.2% 8.8%
PBT 171.87 98.26 74.9%
as a% to NR 9.5% 6.7%
PAT 130.25 73.85 76.4%
as a% to NR 7.2% 5.0%
P&L Summary (excluding Sunflame)
Particulars Ql FV27 Ql FV26 Change
Net revenue (NR) 1745.28 1410.57 23.7%
COGS 1101.32 892.42 23.4%
Gross margin 36.9% 36.7%
People costs 159.58 134.33 18.8%
Other expenses 296.09 262.51 12.8%
EBITDA excluding other income 188.29 121.31 55.2%
as a% to NR 10.8% 8.6%
Depreciation 25.75 24.50 5.1%
Finance costs 3.06 4.24 -27.8%
Other income 11.43 4.91 132.8%
EBITDA after other income 199.72 126.22 58.2%
as a% to NR 11.4% 8.9%
PBT 170.91 97.48 75.3%
as a% to NR 9.8% 6.9%
PAT 129.77 73.29 77.1%
as a% to NR 7.4% 5.2%
2 South / Non-South growth
Contribution Contribution
Region Ql FV27 Ql FY26 YoY growth
(%) (%)
South 932.31 51.5% 681.87 46.5% 36.7%
Non-South 878.34 48.5% 784.21 53.5% 12.0%
Total revenue 1810.65 100% 1466.08 100% 23.5%
3 Segment wise analysis
Contribution Contribution
Products Ql FY27 Ql FV26 Change
(%) (%)
Segment revenue:
Electronics 658.46 36.4% 536.29 36.6% 22.8%
Electricals 670.12 37.0% 524.70 35.8% 27.7%
Consumer Durables 416.71 23.0% 349.58 23.8% 19.2%
Sunflame 65.69 3.6% 55.51 3.8% 18.3%
Less : lntersegment Revenue -0.33 -0.0% - - -
Total 1810.65 100% 1466.08 100% 23.5%
Segment results:
Electronics 130.70 59.7% 104.87 71.1% 24.6%
Electricals 70.64 32.3% 47.37 32.1% 49.1%
Consumer Durables 14.92 6.8% -7.17 -4.9% 308.1%
Sunflame 2.62 1.2% 2.43 1.7% 7.8%
Total 218.88 100% 147.50 100% 48.4%
Segment margins:
Electronics 19.8% 19.6% 0.2%
Electricals 10.5% 9.0% 1.5%
Consumer Durables 3.6% -2.1% 5.7%
Sunflame 4.0% 4.4% -0.4%
Total 12.1% 10.1% 2.0%
4 Other financial highlights
Ql FY27 Ql FV26
Debtor days 22 27
Inventory days 100 102
Creditor days 91 66
Working capital days 31 63
RoE 14.5% 13.2%
RoCE 17.8% 16.7%
Core RoCE (excl. cash) 22.9% 17.1%
Based on trailing twelve months