| Quarterly Financials | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
Revenue  | 646 | 608 | 606 | 754 | 713 | 631 | 638 | 546 | 413 | 630 | 841 | 859 | 569 | 910 | 970 | 1,062 | 1,023 | 989 | 987 | 1,143 | 1,227 | 1,148 | 1,169 | 1,348 | 1,484 | 1,298 | 1,274 | 1,543 | 1,471 | 1,346 |
| Expenses | 595 | 554 | 555 | 665 | 635 | 544 | 571 | 496 | 398 | 547 | 720 | 745 | 520 | 813 | 881 | 947 | 936 | 913 | 915 | 1,042 | 1,110 | 1,041 | 1,064 | 1,215 | 1,321 | 1,184 | 1,165 | 1,395 | 1,343 | 1,232 |
| EBITDA | 51 | 54 | 51 | 89 | 79 | 87 | 67 | 51 | 15 | 83 | 121 | 114 | 49 | 98 | 90 | 115 | 87 | 76 | 72 | 101 | 117 | 107 | 105 | 133 | 163 | 114 | 110 | 148 | 129 | 114 |
| Operating Profit % | 7 % | 8 % | 8 % | 11 % | 10 % | 13 % | 10 % | 8 % | 2 % | 12 % | 14 % | 13 % | 8 % | 10 % | 9 % | 11 % | 8 % | 7 % | 7 % | 9 % | 9 % | 8 % | 9 % | 10 % | 11 % | 9 % | 8 % | 9 % | 8 % | 8 % |
| Depreciation | 6 | 6 | 6 | 6 | 7 | 7 | 8 | 7 | 8 | 9 | 10 | 12 | 11 | 11 | 14 | 13 | 14 | 15 | 17 | 19 | 20 | 20 | 19 | 22 | 22 | 22 | 25 | 27 | 26 | 27 |
| Interest | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 10 | 11 | 9 | 9 | 10 | 9 | 8 | 6 | 3 | 4 | 2 |
| Profit Before Tax | 45 | 48 | 44 | 82 | 70 | 79 | 59 | 42 | 5 | 73 | 110 | 100 | 37 | 83 | 74 | 100 | 72 | 59 | 53 | 72 | 86 | 78 | 76 | 101 | 132 | 85 | 79 | 118 | 98 | 85 |
| Tax | 10 | 10 | 10 | 21 | 17 | 20 | 14 | 10 | 2 | 22 | 32 | 31 | 11 | 24 | 20 | 10 | 18 | 16 | 14 | 19 | 22 | 19 | 18 | 25 | 33 | 21 | 19 | 27 | 24 | 20 |
| Net Profit | 35 | 38 | 34 | 61 | 53 | 59 | 44 | 32 | 4 | 52 | 78 | 68 | 26 | 59 | 54 | 90 | 53 | 44 | 39 | 53 | 64 | 59 | 58 | 76 | 99 | 63 | 60 | 91 | 74 | 65 |
| EPS in ₹ | 0.81 | 0.89 | 0.79 | 1.43 | 1.24 | 1.36 | 1.03 | 0.75 | 0.09 | 1.20 | 1.82 | 1.58 | 0.59 | 1.38 | 1.23 | 2.08 | 1.24 | 1.01 | 0.91 | 1.22 | 1.48 | 1.35 | 1.33 | 1.74 | 2.26 | 1.45 | 1.38 | 2.08 | 1.69 | 1.49 |
V-Guard Industries
V-Guard Industries
351.25
-3.05
(-0.86%)
Key Fundamentals
Market Cap
15,447.40 Cr
EPS
7.17
PE Ratio
53.24
Dividend Yield
0.42 %
Industry
Consumer Goods 52 Week High
450.00
52 Week Low
300.00
PB Ratio
7.06
Debt to Equity
0.14
Sector
Household Appliances Analyst Rating and Forecast
- By Refinitiv from17 analysts
Actual
Company News
View All News
V-Guard aims to achieve mid-teen growth through synergies with Sunflame, expansion in North India, and optimizing its premium product mix. The company expects margin expansion through cost control and manufacturing efficiency improvements in FY26-27.
V-Guard Industries announced that a total tax demand of 207 million rupees has been withdrawn. The company made this statement regarding the resolution of the tax matter.
V-Guard Industries reported net profit of ₹65 crore for the July-September quarter, marking a 4% year-on-year increase, while revenue grew 3.6% to ₹1,341 crore. EBITDA declined 1% to ₹109 crore with margins compressing to 8.2% from 8.5%. For the first half, consolidated revenue reached ₹2,807 crore (up 1.3%) but profit after tax fell 14.3% to ₹139.1 crore. Managing Director Mithun K Chittilappilly attributed modest growth to challenges including higher rainfall, weak consumer sentiment, and GST transition disruptions. He noted improved gross margins and expects demand recovery following GST 2.0 reforms. Shares traded 1% higher at ₹381.50 after touching an intraday high of ₹384.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
1,350.90 | #1 44,236.00 | 69.15 | #1 15,737.30 | 23.58 | #1 834 | -76.28 | 45.97 | |
1,768.40 | 36,757.80 | 67.20 | 12,042.70 | 23.73 | 591 | 2.81 | 33.00 | |
7,376.00 | 25,033.10 | 109.35 | 10,046.60 | #1 48.08 | 251 | -252.86 | 38.07 | |
276.15 | 17,939.10 | #1 37.09 | 7,932.40 | 7.48 | 564 | -41.14 | 33.55 | |
1,245.00 | 15,571.00 | 44.17 | 8,110.20 | 15.97 | 363 | -21.87 | 40.43 | |
351.25 | #6 15,447.40 | #4 53.24 | #6 5,598.70 | #7 14.48 | #5 314 | #4 3.00 | 37.98 | |
587.45 | 11,183.60 | 65.62 | 2,451.50 | 11.53 | 164 | 31.87 | 65.00 | |
663.55 | 9,033.20 | 87.05 | 2,789.50 | 1.31 | 108 | 20.84 | 51.35 | |
1,764.30 | 7,041.40 | 55.61 | 5,126.90 | 14.69 | 119 | #1 61.78 | 46.81 | |
888.20 | 6,100.10 | 47.13 | 1,622.70 | 34.46 | 213 | -66.07 | 40.03 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
14.48 %
Net Income Growth
21.78 %
Cash Flow Change
21.44 %
ROE
5.28 %
ROCE
7.67 %
EBITDA Margin (Avg.)
1.27 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 934 | 1,171 | 1,372 | 1,455 | 1,875 | 2,107 | 2,907 | 3,161 | 3,338 |
| Fixed Assets | 169 | 218 | 231 | 285 | 370 | 463 | 1,247 | 1,334 | 1,374 |
| Current Assets | 722 | 916 | 1,086 | 1,061 | 1,401 | 1,530 | 1,505 | 1,637 | 1,753 |
| Capital Work in Progress | 10 | 8 | 8 | 67 | 20 | 17 | 27 | 37 | 49 |
| Investments | 89 | 75 | 83 | 36 | 33 | 33 | 34 | 101 | 81 |
| Other Assets | 666 | 871 | 1,050 | 1,068 | 1,452 | 1,594 | 1,599 | 1,689 | 1,835 |
| Total Liabilities | 934 | 1,171 | 1,372 | 1,455 | 1,875 | 2,107 | 2,907 | 3,161 | 3,338 |
| Current Liabilities | 287 | 405 | 452 | 409 | 593 | 627 | 817 | 1,002 | 1,023 |
| Non Current Liabilities | 13 | 15 | 18 | 47 | 66 | 68 | 483 | 345 | 217 |
| Total Equity | 634 | 751 | 902 | 999 | 1,216 | 1,412 | 1,608 | 1,814 | 2,098 |
| Reserve & Surplus | 592 | 707 | 857 | 953 | 1,168 | 1,364 | 1,564 | 1,771 | 2,054 |
| Share Capital | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 44 |
Cash Flow
| Cash Flow | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 8 | -10 | 80 | -62 | 257 | -220 | -21 | 8 | 3 |
| Investing Activities | -106 | -25 | -51 | -112 | 41 | -121 | -771 | -153 | -97 |
| Operating Activities | 130 | 52 | 156 | 141 | 222 | -37 | 424 | 393 | 477 |
| Financing Activities | -16 | -37 | -25 | -92 | -6 | -62 | 326 | -232 | -378 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 57.22 % | 56.05 % | 56.05 % | 55.96 % | 55.88 % | 55.88 % | 55.86 % | 55.85 % | 55.80 % | 55.62 % | 55.62 % | 54.57 % | 54.48 % | 54.42 % | 54.39 % | 54.35 % | 54.30 % | 54.28 % | 53.32 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 13.02 % | 13.35 % | 13.90 % | 13.85 % | 13.72 % | 13.43 % | 12.56 % | 12.45 % |
| DIIs | 12.58 % | 15.15 % | 15.28 % | 15.99 % | 17.31 % | 18.04 % | 17.96 % | 18.93 % | 19.09 % | 19.28 % | 19.32 % | 20.45 % | 20.17 % | 20.16 % | 19.88 % | 20.25 % | 20.62 % | 21.61 % | 22.86 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 12.83 % | 12.91 % | 13.08 % | 12.89 % | 13.29 % | 12.84 % | 11.88 % | 11.11 % | 11.05 % | 10.58 % | 10.26 % | 10.43 % | 10.28 % | 9.76 % | 10.13 % | 9.92 % | 9.83 % | 9.77 % | 9.57 % |
| Others | 17.37 % | 15.88 % | 15.59 % | 15.16 % | 13.52 % | 13.25 % | 14.30 % | 14.11 % | 14.06 % | 14.52 % | 14.80 % | 1.54 % | 1.72 % | 1.76 % | 1.75 % | 1.75 % | 1.82 % | 1.78 % | 1.79 % |
| No of Share Holders | 92,182 | 1,25,500 | 1,35,621 | 1,27,972 | 1,45,164 | 1,36,986 | 1,37,008 | 1,25,431 | 1,23,131 | 1,17,061 | 1,18,152 | 1,18,276 | 1,19,562 | 1,15,823 | 1,40,417 | 1,32,003 | 1,32,948 | 1,33,000 | 1,32,841 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 7 | 0.7 | 0.7 | 0.8 | 0.9 | 1.2 | 1.3 | 1.3 | 1.4 | 1.5 |
| Dividend Yield (%) | 3.92 | 0.32 | 0.31 | 0.52 | 0.36 | 0.56 | 0.52 | 0.39 | 0.39 | 0.42 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 16 Mar 2017 |  Bonus | 2:5 | 15 Mar 2017 | 162.14 | 178.54 |
| 30 Jul 2021 |  Dividend | ₹ 1.20 /share | 28 Jul 2021 | 239.25 | 248.70 |
| 22 Jul 2022 | Dividend | ₹ 1.30 /share | 20 Jul 2022 | 219.20 | 224.45 |
| 18 Aug 2023 | Dividend | ₹ 1.30 /share | 17 Aug 2023 | 249.85 | 312.35 |
| 26 Jul 2024 | Dividend | ₹ 1.40 /share | 25 Jul 2024 | 366.55 | 460.20 |
| 01 Aug 2024 |  Annual General Meeting | NA | 01 Aug 2024 | 373.90 | 459.70 |
| 29 Oct 2024 |  Quarterly Result Announcement | NA | 29 Oct 2024 | 440.05 | 413.65 |
| 28 Jan 2025 | Quarterly Result Announcement | NA | 28 Jan 2025 | 392.40 | 365.70 |
| 14 May 2025 | Quarterly Result Announcement | NA | 14 May 2025 | 359.75 | 379.15 |
| 29 Jul 2025 | Quarterly Result Announcement | NA | 29 Jul 2025 | 396.00 | 386.90 |
| 31 Jul 2025 | Dividend | ₹ 1.50 /share | 31 Jul 2025 | 379.15 | 388.75 |
| 07 Aug 2025 | Annual General Meeting | NA | 07 Aug 2025 | 379.15 | 366.00 |
| 29 Oct 2025 | Quarterly Result Announcement | NA | 29 Oct 2025 | 351.80 | 378.25 |
Announcements
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Earnings Call Transcript7 days ago
7 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeOct 30, 2025
Oct 30, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 30, 2025
Oct 30, 2025Announcement under Regulation 30 (LODR)-Investor PresentationOct 29, 2025
Oct 29, 2025Demand Dropped By Central GST Gangotok SikkimOct 29, 2025
Oct 29, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 29, 2025
Oct 29, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSOct 29, 2025
Oct 29, 2025Board Meeting Outcome for Outcome Of Board MeetingOct 29, 2025
Oct 29, 2025Unaudited Financial Results For The Quarter Ended September 30 2025Oct 29, 2025
Oct 29, 2025Announcement under Regulation 30 (LODR)-Meeting UpdatesOct 28, 2025
Oct 28, 2025Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011Oct 24, 2025
Oct 24, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 21, 2025
Oct 21, 2025Board Meeting Intimation for Review Consider And Approve The Standalone And Consolidated Un-Audited Financial Results Of The Company For Quarter And Half Year Ended September 30 2025 Along With Limited Review Report.Oct 15, 2025
Oct 15, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 09, 2025
Oct 09, 2025Announcement under Regulation 30 (LODR)-Change in ManagementSep 26, 2025
Sep 26, 2025Clarification On Increase In VolumeSep 26, 2025
Sep 26, 2025Clarification sought from V-Guard Industries LtdSep 26, 2025
Sep 26, 2025Closure of Trading WindowSep 25, 2025
Sep 25, 2025Announcement under Regulation 30 (LODR)-Change in ManagementSep 18, 2025
Sep 18, 2025Announcement under Regulation 30 (LODR)-Change in ManagementSep 09, 2025
Sep 09, 2025Appointment Of Senior Managerial Personnel Of The CompanySep 01, 2025
Sep 01, 2025Announcement Under Regulation 30 - ESG RatingAug 13, 2025
Aug 13, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 08, 2025
Aug 08, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMAug 07, 2025
Aug 07, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 06, 2025
Aug 06, 2025Appointment Of Senior Managerial Personnel Of The CompanyAug 01, 2025
Aug 01, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJul 30, 2025
Jul 30, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 30, 2025
Jul 30, 2025Announcement under Regulation 30 (LODR)-Investor PresentationJul 29, 2025
Jul 29, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 29, 2025
Jul 29, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSJul 29, 2025
Jul 29, 2025New Line Of BusinessJul 29, 2025
Jul 29, 2025Announcement under Regulation 30 (LODR)-Scheme of ArrangementJul 29, 2025
Jul 29, 2025Financial Results For The Quarter Ended June 30 2025.Jul 29, 2025
Jul 29, 2025Announcement under Regulation 30 (LODR)-Meeting UpdatesJul 28, 2025
Jul 28, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 16, 2025
Jul 16, 2025Board Meeting Intimation for Considering And Approving The Standalone And Consolidated Un-Audited Financial Results Of The Company For Quarter Ended June 30 2025 Along With Limited Review Report.Jul 16, 2025
Jul 16, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 15, 2025
Jul 15, 2025Notice Of 29Th Annual General Meeting Scheduled To Be Held On August 7 2025Jul 12, 2025
Jul 12, 2025Business Responsibility and Sustainability Reporting (BRSR)Jul 12, 2025
Jul 12, 2025Reg. 34 (1) Annual Report.Jul 12, 2025
Jul 12, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 07, 2025
Jul 07, 2025Closure of Trading WindowJun 26, 2025
Jun 26, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 24, 2025
Jun 24, 2025Intimation Under Regulation 30Jun 23, 2025
Jun 23, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 23, 2025
Jun 23, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJun 23, 2025
Jun 23, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 19, 2025
Jun 19, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 16, 2025
Jun 16, 2025Mutual Fund Holdings
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Baroda BNP Paribas India Consumption Fund Direct - Growth 
NJ ELSS Tax Saver Scheme Direct - Growth 
Nippon India Nifty Smallcap 250 Index Fund Direct - Growth 
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HDFC Nifty Smallcap 250 Index Fund Direct-Growth 
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Navi Nifty 500 Multicap 50:25:25 Index Fund Direct-Growth Technical Indicators
RSI(14)
Neutral 40.23
ATR(14)
Less Volatile 9.10
STOCH(9,6)
Oversold 14.95
STOCH RSI(14)
Oversold 0.00
MACD(12,26)
Bearish -1.79
ADX(14)
Weak Trend 14.07
UO(9)
Bearish 41.40
ROC(12)
Downtrend And Accelerating -5.65
WillR(14)
Oversold -95.81
About V-Guard Industries
V-Guard Industries Limited is an India-based company engaged in manufacturing, trading, and selling electronic products. The company operates in four segments: Electronics, Electricals, Consumer Durables, and Sunflame. Its product range includes voltage stabilizers, inverters, batteries, solar power systems, water heaters, wires, cables, fans, and kitchen appliances. V-Guard has manufacturing facilities across multiple states in India and maintains a nationwide distribution network with 32 branches and over 50,000 channel partners. The company has expanded through acquisitions, including Guts ElectroMech Ltd and Sunflame Enterprises Private Limited, which are now wholly-owned subsidiaries. V-Guard has also merged with Simon Electric Private Limited to strengthen its market position.
Listing Date
13 Mar, 2008(17 Years,
1 days)
Website
Chairperson NameRadha Unni
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