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V-Guard Industries Ltd.

Capital GoodsElectric Equipment

www.vguard.in BSE: 532953NSE: VGUARD

₹327.10BSE1.08%

16 Sep, 4:01 PM

₹327.10

₹14.31K Cr

39.23

5.86

14.14%

₹330.95

₹316.35

₹392.25

₹289.05

Customise metrics bar

Price Performance

Peer Comparison

Name
ABB LTD. ABB	6,982.00	49.52	1,47,954.43	0.56	362.30	3.00%	3,558.87	21.03%	30.18
CGPOWER CGPOWER	851.70	107.34	1,34,181.08	0.15	308.28	15.52%	3,280.81	13.99%	27.94
SIEMENS LTD. SIEMENS	3,748.10	40.75	1,33,477.53	0.48	2,143.10	406.16%	4,713.70	14.75%	21.42
GVT&D GVT&D	4,280.00	586.84	1,09,587.92	0.23					20.90
WAAREEENER WAAREEENER	2,503.95	18.87	72,026.46	0.16	891.87	15.39%	7,931.79	79.22%	37.93
APAR INDUS. APARINDS	17,061.30	60.50	71,439.65	0.35	467.45	77.80%	6,591.06	29.13%	31.84
HAVELLSINDIA HAVELLS	1,091.95	41.96	68,526.59	0.92	289.71	-16.64%	6,518.19	19.48%	25.74
V-Guard Industries Ltd. VGUARD	327.10	39.23	14,308.97	0.46	130.25	76.37%	1,810.65	23.50%	18.72

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	1,342.77	1,477.10	1,293.99	1,268.65	1,538.08	1,466.08	1,340.92	1,403.51	1,755.27	1,810.65
Expenses	1,214.92	1,321.33	1,183.73	1,164.51	1,395.03	1,342.49	1,231.66	1,280.32	1,584.55	1,619.69
	127.85	155.77	110.26	104.14	143.05	123.59	109.26	123.19	170.72	190.96
	9.52%	10.55%	8.52%	8.21%	9.30%	8.43%	8.15%	8.78%	9.73%	10.55%
	4.89	6.91	4.05	5.43	4.50	5.25	4.91	-16.38	7.62	11.68
Interest	9.94	8.59	7.58	5.79	2.55	4.27	2.13	2.97	3.01	3.11
	22.17	21.73	22.11	25.04	26.78	26.31	26.96	26.52	28.10	27.66
	100.63	132.36	84.62	78.74	118.22	98.26	85.08	77.32	147.22	171.87
	24.31%	25.23%	25.09%	23.52%	22.91%	24.84%	23.26%	26.20%	23.84%	24.22%
	76.17	98.97	63.39	60.22	91.13	73.85	65.29	57.06	112.13	130.25
	1.75	2.28	1.46	1.38	2.09	1.69	1.50	1.31	2.57	2.98

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
INCOME :
	3,678.02	4,379.78	5,211.41	5,978.81	6,396.42
	3,500.19	4,127.19	4,856.67	5,577.82	5,965.78
EXPENDITURE :
Increase/Decrease in Stock	-141.18	79.04	-47.80	-148.05	42.33
Raw Material Consumed	2,555.07	2,805.76	3,260.76	3,703.80	3,755.07
Power & Fuel Cost	15.83	19.07	24.55	32.75	34.10
Employee Cost	270.00	302.54	402.85	518.78	536.37
Other Manufacturing Expenses	165.13	194.68	267.48	321.06	355.41
General and Administration Expenses	62.97	104.12	122.04	137.27	181.08
Selling and Distribution Expenses	158.98	240.42	316.62	397.03	410.27
Miscellaneous Expenses	73.17	72.28	84.26	102.60	124.54
	3,159.96	3,817.91	4,430.76	5,065.24	5,439.17
Operating Profit (Excl OI)	340.23	309.28	425.91	512.58	526.61
	10.76	27.07	34.83	21.54	23.66
	350.99	336.35	460.74	534.12	550.27
Interest	7.88	16.19	39.54	24.51	12.38
PBDT	343.11	320.16	421.20	509.61	537.89
	49.15	64.42	80.88	95.66	107.89
Profit Before Taxation & Exceptional Items	293.96	255.74	340.32	413.95	430.00
Exceptional Income / Expenses					-22.11
	293.96	255.74	340.32	413.95	407.89
Provision for Tax	65.53	66.69	82.74	100.23	99.55
	228.44	189.05	257.58	313.72	308.34
Extra items				0.00	0.00
Minority Interest	-0.75	0.07
Share of Associate					-0.01
Consolidated Net Profit	227.69	189.12	257.58	313.72	308.33
Profit Balance B/F	957.08	1,132.62	1,267.45	1,465.90	1,715.57
Appropriations	1,184.77	1,321.74	1,525.03	1,779.62	2,023.90
Equity Dividend %	130.00%	130.00%	140.00%	150.00%	150.00%
	5.28	4.38	5.93	7.20	7.06
Adjusted EPS	5.28	4.38	5.93	7.20	7.06

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	43.15	43.22	43.44	43.58	43.68
Share Warrants & Outstandings	36.91	69.68	34.68	46.99	62.89
Total Reserves	1,326.90	1,494.72	1,736.10	2,007.26	2,266.48
Reserve excluding Revaluation Reserve	1,326.90	1,494.72	1,736.10	2,007.26	2,266.48
	1,406.96	1,607.62	1,814.22	2,097.83	2,373.05
Minority Interest	5.47
Secured Loans		272.91	137.26
Deferred Tax Assets / Liabilities	-9.08	95.06	91.94	90.57	84.01
Other Long Term Liabilities	54.37	92.24	89.92	98.35	130.55
Long Term Provisions	13.43	14.22	16.14	19.43	20.89
Total Non-Current Liabilities	58.71	474.43	335.26	208.35	235.45
Trade Payables	453.48	488.34	550.02	656.95	738.47
Other Current Liabilities	110.43	116.84	345.99	253.77	206.03
Short Term Borrowings	11.79	146.70	17.08	10.81	8.84
Short Term Provisions	50.91	64.80	88.95	101.42	136.19
Total Current Liabilities	626.60	816.68	1,002.04	1,022.95	1,089.53
Total Liabilities	2,097.74	2,898.73	3,151.52	3,329.13	3,698.03
Gross Block	635.24	1,477.01	1,632.85	1,756.58	1,988.90
Less: Accumulated Depreciation	172.57	231.89	300.36	383.00	465.67
Net Block	462.66	1,245.12	1,332.49	1,373.58	1,523.23
Capital Work in Progress	9.15	23.70	24.75	48.62	19.93
Non Current Investments	33.40	33.40	70.57	70.60	95.59
Long Term Investment	33.40	33.40	70.57	70.60	95.59
Long Term Loans & Advances	50.35	81.31	70.60	81.52	91.99
Other Non Current Assets	3.70	4.54	1.62	1.54	1.40
Total Non-Current Assets	567.39	1,393.50	1,514.08	1,576.64	1,733.52
Currents Investments		0.12	30.17	10.14	180.70
Inventories	859.58	767.44	811.83	997.29	1,023.93
Sundry Debtors	484.13	557.00	595.82	542.31	532.85
Cash and Bank	61.27	66.87	57.37	64.50	59.30
Other Current Assets	22.02	28.75	28.93	21.23	24.85
Short Term Loans and Advances	103.36	85.05	113.32	117.02	142.88
Total Current Assets	1,530.35	1,505.23	1,637.44	1,752.49	1,964.51
Net Current Assets (Including Current Investments)	903.75	688.55	635.40	729.54	874.98
Total Assets	2,097.74	2,898.73	3,151.52	3,329.13	3,698.03
Contingent Liabilities	56.97	56.77	64.73	69.97	83.76
Total Debt	11.79	419.61	291.03	10.81	8.84
	31.75	35.58	40.97	47.06	52.89
Adjusted Book Value	31.75	35.58	40.97	47.06	52.89

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
	293.96	255.74	340.32	413.95	407.89
Adjustment	76.52	75.53	104.87	138.24	140.90
Changes In working Capital	-318.47	141.38	30.80	32.48	17.37
Cash Flow after changes in Working Capital	52.01	472.65	475.99	584.67	566.16
Cash Flow from Operating Activities	-36.82	423.81	392.74	476.96	458.55
Cash Flow from Investing Activities	-120.84	-771.16	-152.61	-96.92	-363.94
Cash Flow from Financing Activitie	-62.32	326.09	-232.22	-377.51	-97.67
Net Cash Inflow / Outflow	-219.97	-21.26	7.91	2.53	-3.06
Opening Cash & Cash Equivalents	280.77	60.80	39.54	47.45	49.98
Closing Cash & Cash Equivalent	60.80	39.54	47.45	49.98	46.92

Ratios

Valuation

39.23

5.86

22.85

2.27

8.35

55.86

Profitability

14.14

18.72

8.78

8.23

4.82

Leverage & Liquidity

0.00

1.80

33.95

Returns

0.46

1.82

Shareholding Pattern

Numbers in percentages

Particulars	Jun '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26
	54.42	54.39	54.35	54.30	54.28	53.32	53.28	53.23	53.22
	34.06	33.72	33.97	34.05	34.17	35.31	35.45	35.46	35.25
	11.52	11.88	11.68	11.65	11.56	11.36	11.26	11.31	11.53
	45.58	45.61	45.65	45.70	45.72	46.68	46.72	46.77	46.78
No. of Shareholders	1,15,823	1,40,417	1,32,003	1,32,948	1,33,000	1,32,841	1,30,218	1,33,257	1,33,376

Corporate Actions

Showing: All

Date	Type	Details	Ex-Date	Record Date
2026-07-16	Board Meeting	Quarterly Results
2026-05-12	Ex Dividend	Rs.1.5000 per share(150%)Final Dividend	2026-07-31	2026-07-31
2026-05-12	AGM

Insider Trading

Date	Person	Category	Transaction Type	Shares
2026-09-03	DEEPAK AUGUSTINE	Market	Sell	3,000
2026-08-19	PRIYA SARAH CHEERAN JOSEPH	Market	Sell	418,053
2026-08-19	DEEPAK AUGUSTINE	Market	Sell	3,000
2026-08-19	DEEPAK AUGUSTINE	Market	Sell	1,000
2026-08-17	PRIYA SARAH CHEERAN JOSEPH	Market	Sell	481,947
2026-08-17	PRIYA SARAH CHEERAN JOSEPH	Market	Sell	100,000
2026-05-26	PRIYA SARAH CHEERAN JOSEPH	Market	Sell	270,000
2026-05-26	PRIYA SARAH CHEERAN JOSEPH	Market	Sell	730,000

Sector Overview

Capital GoodsElectric Equipment

V-Guard Industries Ltd. operates in the Capital Goods sector under the Electric Equipment industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

10 members across the board and senior leadership

Vikas Kumar Tak

Company Secretary & Compliance Officer

—

Radha Unni

Chairperson

₹56.75 L

Mar '26

Mithun K Chittilappilly

Managing Director

₹10.68 Cr

Mar '26

George Muthoot Jacob

Non Executive Independent Director

₹33.75 L

Mar '26

Biju Varkkey

Non Executive Independent Director

₹31.50 L

Mar '26

Ishwar Subramanian

Non Executive Independent Director

₹38.25 L

Mar '26

Usha Sunny

Non Executive Independent Director

—

Antony Sebastian K

Whole Time Director

₹1.11 Cr

Mar '26

Ramachandran V

Whole Time Director & Chief Operating Officer

₹21.93 Cr

Mar '26

Reena Philip

Non Independent & Non Executive Director

₹5.33 L

Mar '26

VGUARD Latest News

News

8 of 8 articles

EQUITY1 Sept 2026 · 14:48

V-Guard Industries submits analyst meet intimation

EQUITY19 Aug 2026 · 16:04

V-Guard Industries informs about SAST

EQUITY19 Aug 2026 · 13:28

V-Guard Industries informs about disclosures

EQUITY30 Jul 2026 · 15:02

V-Guard Industries informs about press release

EQUITY16 Jul 2026 · 16:51

V-Guard Industries submits board meeting intimation

EQUITY30 Jun 2026 · 16:16

V-Guard Industries informs about newspaper publication

EQUITY20 May 2026 · 15:08

V-Guard Industries informs about newspaper publication

EQUITY12 May 2026 · 14:24

V-Guard Inds. reports Profit after tax of Rs 953.50 Mln, in the March 2026 quarter

VGUARD

₹327.10

+1.08%