V-Guard Industries Limited VGUARD NSEINFRA
Company Overview
V-Guard Industries Limited manufactures and sells electrical and electronic products in India and internationally. It operates through four segments: Electronics, Electrical, Consumer Durables and Sunflame. The Electronics segment offers voltage stabilizers; and inverter, digital DUPS, inverter batteries, UPS, solar inverters, solar power systems, off grid and on grid systems and inverters, and on grid photovoltaic (PV) inverters. The Electrical segment provides wires; pumps, such as domestic and agricultural pumps, and electric motors; modular switches, including matteo, novio, and torio switches; switchgears; and PVC insulated cables. The Consumer Durables Segment offers fans, such as ceiling, table, pedestal, wall, ventilating and exhaust, and other fans; air coolers, including desert, window-mounted, and personal and room variants; water heaters, such as electric, solar and heat pump water heaters; and kitchen appliances comprising induction cooktop, mixer grinders, gas cooktops, rice cookers, water purifiers, small and large appliances like kitchen hoods, and breakfast appliances. The Sunflame segment sells products under Sunflame and Superflame brands. It sells its products through a network of distributors and dealers. V-Guard Industries Limited was founded in 1977 and is based in Kochi, India.
Why Investors Should Care
Return on capital employed stands at 16.0%.
Net profit has compounded at 17.7% per year over the last five years.
Revenue has grown at a 13.4% CAGR over the past five years.
Carries low leverage with a debt-to-equity ratio of 0.07.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹5,965.78 Cr (+7.0% YoY); net profit ₹308.33 Cr.
- Trailing 12 Months Year-on-year growth — revenue +7.0%, earnings -1.7%.
- 5-Year Trend Long-term compounding — revenue CAGR 13.4%, profit CAGR 17.7%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 13.39% |
| 1 Year: | 6.96% |
Compounded Profit Growth
| 5 Years: | 17.70% |
| 1 Year: | -1.72% |
Stock Price Performance
| 1 Year: | -22.58% |
| 6 Months: | -6.33% |
| 3 Months: | -5.74% |
| 1 Month: | -0.20% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)45.53 · Neutral
P/E of 42.42 is above the sector median of 29.60 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 13.4% over 5 years.
- Profit CAGR of 17.7% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 25.0% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VGUARD V-Guard Industries Limited NSEINFRA | 302.85 | 42.42 | ₹13,228.60 Cr | 0.49% | 16.02% | 12.99% | 13.39% | 17.70% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 3,849.40 | 32.93 | ₹5.30 L Cr | 0.96% | 14.55% | 14.72% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,834.20 | 31.50 | ₹4.23 L Cr | 0.42% | 10.97% | 13.32% | 22.93% | 34.11% |
| 4 | BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU | 410.75 | 56.42 | ₹3.00 L Cr | 1.05% | 31.88% | 25.27% | 16.63% | 26.64% |
| 5 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,463.30 | 32.75 | ₹2.98 L Cr | 0.44% | 13.80% | 22.21% | 7.87% | 16.08% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 5,202.50 | -84.07 | ₹2.01 L Cr | 0.24% | 4.02% | -34.31% | 16.59% | -227.40% |
| 7 | CUMMINSIND Cummins India Limited NSEINFRA | 5,535.50 | 64.97 | ₹1.53 L Cr | 1.17% | 34.95% | 27.87% | 16.07% | 24.35% |
| 8 | ABB ABB India Limited NSEAIINFRA | 6,951.50 | 88.30 | ₹1.47 L Cr | 0.58% | 28.45% | 21.29% | 15.41% | 17.97% |
| 9 | POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA | 33,005.00 | 148.92 | ₹1.47 L Cr | 0.02% | 24.92% | 19.09% | 22.24% | 119.12% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,139.00 Cr | 1,215.00 Cr | 1,134.00 Cr | 1,165.00 Cr | 1,343.00 Cr | 1,477.00 Cr | 1,294.00 Cr | 1,268.65 Cr | 1,538.08 Cr | 1,466.08 Cr | 1,341.00 Cr | 1,403.51 Cr | 1,755.27 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 804.19 Cr | 991.77 Cr | 925.41 Cr | - | 899.21 Cr | 1,135.68 Cr |
| Gross Profit | - | - | - | - | - | - | - | 464.46 Cr | 546.31 Cr | 540.67 Cr | - | 504.30 Cr | 619.59 Cr |
| Operating Expenses | 1,042.00 Cr | 1,110.00 Cr | 1,041.00 Cr | 1,064.00 Cr | 1,215.00 Cr | 1,321.00 Cr | 1,184.00 Cr | 385.33 Cr | 430.04 Cr | 443.39 Cr | 1,232.00 Cr | 407.63 Cr | 476.97 Cr |
| Operating Income | 78.00 Cr | 85.00 Cr | 72.00 Cr | 83.00 Cr | 106.00 Cr | 134.00 Cr | 88.00 Cr | 79.13 Cr | 116.27 Cr | 97.28 Cr | 82.00 Cr | 96.67 Cr | 142.62 Cr |
| EBITDA | 97.00 Cr | 105.00 Cr | 92.00 Cr | 102.00 Cr | 128.00 Cr | 156.00 Cr | 110.00 Cr | 109.57 Cr | 147.55 Cr | 128.84 Cr | 109.00 Cr | 106.81 Cr | 178.24 Cr |
| Interest Expense | 10.00 Cr | 11.00 Cr | 9.00 Cr | 9.00 Cr | 10.00 Cr | 9.00 Cr | 8.00 Cr | 5.79 Cr | 2.55 Cr | 4.27 Cr | 2.00 Cr | 2.97 Cr | 3.01 Cr |
| Pretax Income | 72.00 Cr | 86.00 Cr | 78.00 Cr | 76.00 Cr | 101.00 Cr | 132.00 Cr | 85.00 Cr | 78.74 Cr | 118.22 Cr | 98.26 Cr | 85.00 Cr | 77.32 Cr | 147.13 Cr |
| Tax Provision | 19.44 Cr | 21.50 Cr | 18.72 Cr | 18.24 Cr | 24.24 Cr | 33.00 Cr | 21.25 Cr | 18.52 Cr | 27.09 Cr | 24.41 Cr | 19.55 Cr | 20.26 Cr | 35.09 Cr |
| Net Income | 53.00 Cr | 64.00 Cr | 59.00 Cr | 58.00 Cr | 76.00 Cr | 99.00 Cr | 63.00 Cr | 60.22 Cr | 91.13 Cr | 73.85 Cr | 65.00 Cr | 57.06 Cr | 112.13 Cr |
| Diluted EPS | 1.22 | 1.48 | 1.36 | 1.34 | 1.75 | 2.28 | 1.46 | 1.37 | 2.07 | 1.68 | 1.50 | 1.30 | 2.55 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,086.00 Cr | 2,326.00 Cr | 2,594.00 Cr | 2,503.00 Cr | 2,721.00 Cr | - | 4,091.96 Cr | 4,821.81 Cr | 5,577.82 Cr | 5,965.78 Cr |
| Cost of Revenue | - | - | - | - | - | - | 2,954.14 Cr | 3,312.48 Cr | 3,555.75 Cr | 3,797.40 Cr |
| Gross Profit | - | - | - | - | - | - | 1,137.82 Cr | 1,509.33 Cr | 2,022.07 Cr | 2,168.38 Cr |
| Operating Expenses | 1,876.00 Cr | 2,135.00 Cr | 2,369.00 Cr | 2,244.00 Cr | 2,409.00 Cr | - | 881.94 Cr | 1,159.62 Cr | 1,604.50 Cr | 1,749.51 Cr |
| Operating Income | 194.00 Cr | 171.00 Cr | 202.00 Cr | 230.00 Cr | 273.00 Cr | - | 255.88 Cr | 349.71 Cr | 417.57 Cr | 418.87 Cr |
| EBITDA | 210.00 Cr | 191.00 Cr | 225.00 Cr | 259.00 Cr | 312.00 Cr | - | 336.35 Cr | 460.74 Cr | 534.12 Cr | 528.16 Cr |
| Interest Expense | 2.00 Cr | 2.00 Cr | 2.00 Cr | 4.00 Cr | 6.00 Cr | - | 16.19 Cr | 39.54 Cr | 24.51 Cr | 12.38 Cr |
| Pretax Income | 204.00 Cr | 180.00 Cr | 220.00 Cr | 250.00 Cr | 288.00 Cr | - | 255.74 Cr | 340.32 Cr | 413.95 Cr | 407.89 Cr |
| Tax Provision | 59.16 Cr | 45.00 Cr | 50.60 Cr | 62.50 Cr | 86.40 Cr | - | 66.69 Cr | 82.74 Cr | 100.23 Cr | 99.55 Cr |
| Net Income | 145.00 Cr | 135.00 Cr | 168.00 Cr | 188.00 Cr | 202.00 Cr | - | 189.12 Cr | 257.58 Cr | 313.72 Cr | 308.33 Cr |
| Diluted EPS | 3.41 | 3.15 | 3.92 | 4.37 | 4.67 | 5.25 | 4.35 | 5.88 | 7.14 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 934.00 Cr | 1,171.00 Cr | 1,372.00 Cr | 1,455.00 Cr | 1,875.00 Cr | - | 2,906.93 Cr | 3,161.28 Cr | 3,338.21 Cr | 3,713.72 Cr |
| Current Assets | - | - | - | - | - | - | 1,505.23 Cr | 1,637.44 Cr | 1,752.49 Cr | 1,964.51 Cr |
| Cash & Equivalents | - | - | - | - | - | - | 39.54 Cr | 47.45 Cr | 49.98 Cr | 46.92 Cr |
| Inventory | - | - | - | - | - | - | 767.44 Cr | 811.83 Cr | 997.29 Cr | 1,023.93 Cr |
| Receivables | - | - | - | - | - | - | 557.00 Cr | 595.82 Cr | 542.31 Cr | 532.85 Cr |
| Total Liabilities | - | - | - | - | - | - | 1,299.31 Cr | 1,347.06 Cr | 1,240.38 Cr | 1,340.67 Cr |
| Current Liabilities | - | - | - | - | - | - | 816.68 Cr | 1,002.04 Cr | 1,022.95 Cr | 1,089.53 Cr |
| Long Term Debt | - | - | - | - | - | - | 272.91 Cr | 137.26 Cr | 0 | - |
| Total Debt | 6.00 Cr | 7.00 Cr | 14.00 Cr | 13.00 Cr | 69.00 Cr | - | 502.98 Cr | 401.29 Cr | 133.52 Cr | 165.26 Cr |
| Total Equity | 634.00 Cr | 750.00 Cr | 900.00 Cr | 996.00 Cr | 1,211.00 Cr | - | 1,607.62 Cr | 1,814.22 Cr | 2,097.83 Cr | 2,373.05 Cr |
| Shares Outstanding | - | - | - | - | - | - | 43.22 Cr | 43.44 Cr | 43.58 Cr | 43.68 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 130.00 Cr | 52.00 Cr | 156.00 Cr | 141.00 Cr | 222.00 Cr | - | 423.81 Cr | 392.74 Cr | 476.96 Cr | 458.55 Cr |
| Investing Cash Flow | -106.00 Cr | -25.00 Cr | -51.00 Cr | -112.00 Cr | 41.00 Cr | - | -771.16 Cr | -152.61 Cr | -96.92 Cr | -363.94 Cr |
| Financing Cash Flow | -16.00 Cr | -37.00 Cr | -25.00 Cr | -91.00 Cr | -6.00 Cr | - | 326.09 Cr | -232.22 Cr | -377.51 Cr | -97.67 Cr |
| Capital Expenditure | -42.00 Cr | -41.00 Cr | -53.00 Cr | -84.00 Cr | -64.00 Cr | - | -102.63 Cr | -128.23 Cr | -120.66 Cr | -179.85 Cr |
| Free Cash Flow | 88.00 Cr | 11.00 Cr | 103.00 Cr | 57.00 Cr | 158.00 Cr | - | 321.18 Cr | 264.51 Cr | 356.30 Cr | 278.70 Cr |
| Net Change in Cash | 8.00 Cr | -10.00 Cr | 80.00 Cr | -62.00 Cr | 257.00 Cr | - | -21.26 Cr | 7.91 Cr | 2.53 Cr | -3.06 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | 27.8% | 31.3% | 36.3% | 36.3% |
| Operating Margin % | 9.3% | 7.4% | 7.8% | 9.2% | 10.0% | - | 6.3% | 7.3% | 7.5% | 7.0% |
| Net Margin % | 7.0% | 5.8% | 6.5% | 7.5% | 7.4% | - | 4.6% | 5.3% | 5.6% | 5.2% |
| ROE % | 22.9% | 18.0% | 18.7% | 18.9% | 16.7% | - | 11.8% | 14.2% | 15.0% | 13.0% |
| ROCE % | - | - | - | - | - | - | 12.2% | 16.2% | 18.0% | 16.0% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for VGUARD
V-Guard Industries files BRSR for FY26 - scanx.trade
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Here's What Analysts Are Forecasting For V-Guard Industries Limited (NSE:VGUARD) After Its Full-Year Results - simplywall.st
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VGUARD — Frequently Asked Questions
What is the current share price of V-Guard Industries Limited (VGUARD)?
As of 2026-07-15 09:52 IST, V-Guard Industries Limited (VGUARD) trades at ₹302.85 on NSE. Its 52-week range is ₹293.45 to ₹403.99.
What is the market capitalisation of VGUARD?
V-Guard Industries Limited (VGUARD) has a market capitalisation of ₹13,228.60 Cr on NSE.
What is the P/E ratio of VGUARD?
VGUARD trades at a trailing price-to-earnings (P/E) ratio of 42.42. The industry average P/E is 29.60. Its price-to-book (P/B) ratio is 6.09.
Does VGUARD pay a dividend?
V-Guard Industries Limited (VGUARD) currently offers a dividend yield of 0.49%.
What is the return on equity (ROE) of VGUARD?
VGUARD has a return on equity (ROE) of 12.99%. Its return on capital employed (ROCE) is 16.02%.
Is VGUARD a good stock to buy?
This page provides a data-driven analysis of V-Guard Industries Limited (VGUARD), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.