V-Guard Industries LimitedVGUARDCorporate

Industrials Electrical Equipment & Parts Latest results: Jun 2026 15 quarters of data
₹287.60
MCap ₹12,565 Cr · P/E 40.4
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹1,737 Cr
Sales · Jun 2026
+23.5% YoY
₹155 Cr
Operating Profit · Jun 2026
+65.2% YoY
8.9%
OPM % · Jun 2026
+32.8% YoY
₹108 Cr
Net Profit · Jun 2026
+93.5% YoY
₹2.46
EPS · Jun 2026
+93.7% YoY

📝 V-Guard Industries Limited — results explained

Quarter ended June 2026 (Q1 FY27)

V-Guard Industries Limited reported revenue of ₹1,737 crore for the quarter ended June 2026 (Q1 FY27), up 23.5% from ₹1,406 crore in the same quarter last year, and up 3.0% sequentially over the March 2026 quarter.

Net profit rose 93.5% year-on-year to ₹108 crore, from ₹56 crore. Earnings per share (EPS) came in at ₹2.46.

Operating profit stood at ₹155 crore — an operating margin (OPM) of 8.9%, compared with 6.7% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, V-Guard Industries Limited posted revenue of ₹5,692 crore, a growth of 7.2% over FY25, with a net profit of ₹259 crore (down 0.6% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹6,022 crore with a net profit of ₹311 crore.

Valuation snapshot

At the current price of ₹287.60, VGUARD has a market capitalisation of ₹12,565 crore and a trailing P/E of about 40.4.

Within the Electrical Equipment & Parts industry, it is the 13th-largest of the 18 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 53.21%, foreign institutional investors (FIIs) 13.02%, domestic institutional investors (DIIs) 21.62%, public shareholders 12.15% of V-Guard Industries Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹12,565 Cr
Current Price ?
₹287.6
P/E ?
40.43below ind
Industry P/E ?
45.80
P/B ?
5.65
P/S ?
2.09
P/FCF ?
47.59
Enterprise Value ?
₹12,629 Cr
EV/EBITDA ?
26.34
PEG ?
2.70
Earnings Yield ?
3.1%
Dividend Yield ?
0.52%
Profitability & Returns
Sales (TTM) ?
₹6,022 Cr
OPM ?
8.0%
Profit after tax (TTM) ?
₹311 Cr
EPS (TTM) ?
₹7.11
ROCE ?
17.0%
ROE ?
14.0%
ROA ?
9.4%
Growth
Sales — latest qtr ?
₹1,737 Cr
PAT — latest qtr ?
₹108 Cr
YoY qtr sales growth ?
23.5%
YoY qtr profit growth ?
93.5%
Sales growth (3y) ?
12%
Sales growth (5y) ?
16%
Profit growth (3y) ?
15%
Profit growth (5y) ?
7%
Financial Health
Debt ?
₹64 Cr
Debt to Equity ?
0.03
Interest Coverage ?
49.3
Current Ratio ?
N/A
Ownership
Promoter holding ?
53.21%
Change in promoter holding ?
-1.07%
Pledged percentage ?
N/A
Market
Return 3 months ?
-4.2%
Return 6 months ?
-12.5%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 9771,0801,1481,0721,0781,2621,4151,2291,1851,4801,4061,2721,3261,6871,737 +23.5% +3.0%
Operating Profit 60868880851001289183121948596143155 +65.2% +8.4%
Other Income 7211142257453519-16711 +129.2% +59.4%
Interest 21011999875131212 -46.5% +59.0%
Depreciation 151617161717171720202021202121 +3.5% -0.4%
Profit Before Tax 4962726862991107164102768358128144 +90.2% +12.3%
Net Profit 3646535247798252487856664295108 +93.5% +13.5%
EPS 0.831.071.231.191.071.811.871.191.101.781.271.500.972.182.46 +93.7% +12.8%
OPM % 6.1% 8.0% 7.7% 7.5% 7.9% 7.9% 9.0% 7.4% 7.0% 8.2% 6.7% 6.7% 7.2% 8.5% 8.9% +32.8% +4.7%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹5,309 Cr ₹5,692 Cr ₹6,022 Cr +7.2%
Operating Profit ₹422 Cr ₹418 Cr ₹479 Cr -1.0%
OPM % 7.96% 7.35% 7.96% -7.7%
NPM % 4.90% 4.54% 5.16% -7.3%
Other Income ₹19 Cr ₹14 Cr ₹21 Cr -23.1%
Depreciation ₹74 Cr ₹82 Cr ₹82 Cr +11.0%
Interest ₹20 Cr ₹7 Cr ₹5 Cr -65.8%
EBIT ₹349 Cr ₹336 Cr ₹397 Cr -3.5%
PBT ₹348 Cr ₹344 Cr ₹412 Cr -1.0%
Tax ₹88 Cr ₹36 Cr ₹53 Cr -58.4%
Net Profit ₹260 Cr ₹259 Cr ₹311 Cr -0.6%
EPS ₹5.94 ₹5.92 ₹7.11 -0.3%
Material Cost ₹3,727 Cr ₹1,770 Cr ₹2,125 Cr -52.5%
Employee Cost ₹479 Cr ₹255 Cr ₹279 Cr -46.8%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 43434444 +0.0%
Reserves 1,5451,7251,9552,181 +11.6%
Borrowings 5013567764 -16.9%
Other Liabilities 6267629641,001 +3.8%
Total Liabilities 2,7152,8863,0393,290 +8.3%
Fixed Assets 447435465572 +23.0%
CWIP 1636498 -83.7%
Investments 8519198991,094 +21.7%
Other Assets 1,4011,4961,6261,616 -0.6%
Total Assets 2,7152,8863,0393,290 +8.3%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 416350444388 -12.6%
Cash from Investing Activity -774-107-77-299 -288.3%
Cash from Financing Activity 328-232-372-88 +76.3%
Net Cash Flow -3011-52 +140.0%
Free Cash Flow 365267342264 -22.8%
CFO/OP 153%118%127%115% -9.4%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 47443533 -5.7%
Inventory Days 87838879 -10.2%
Days Payable 55566565 +0.0%
Cash Conversion Cycle 79715947 -20.3%
Working Capital Days 50373743 +16.2%
ROCE % 14%16%17%17% +0.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 54.28%53.33%53.28%53.22%53.21% -0.0%
FIIs 12.55%12.45%12.12%12.07%13.02% +7.9%
DIIs 21.61%22.86%23.32%23.39%21.62% -7.6%
Public 11.55%11.35%11.27%11.32%12.15% +7.3%
No. of Shareholders 1,33,0001,32,8411,30,2181,33,2571,36,486 +2.4%

⚖️ Peer comparison

Industry: Electrical Equipment & Parts · 18 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 CGPOWER CG Power ₹909.00 143,208 114.5 12,821 1,240 12.8% 9.7% 25.3% 23.1% 14.0% 15.5%
2 POWERINDIA Hitachi Energy ₹30,760.00 137,105 119.2 9,163 1,149 15.5% 12.5% 27.6% 157.4% 68.6% 122.8%
3 POLYCAB Polycab India ₹8,241.00 124,138 39.3 34,609 3,203 13.5% 9.3% 28.9% 32.5% 52.8% 42.9%
4 APARINDS APAR Industries ₹17,940.00 75,119 61.0 24,389 1,181 8.9% 4.8% 23.3% 18.9% 29.1% 77.8%
5 HAVELLS Havells India ₹1,111.00 69,722 42.6 23,576 1,632 9.2% 6.9% 3.4% 15.0% 19.5% -16.6%
6 KEI KEI Industries ₹4,578.00 43,766 43.9 12,342 997 11.1% 8.1% 20.8% 31.8% 23.0% 40.0%
7 HONAUT Honeywell Automation ₹34,700.00 30,700 51.0 4,513 602 15.9% 13.3% 3.3% 15.4% 19.2% 4.5%
8 SCHNEIDER Schneider Electric ₹1,225.00 29,290 159.3 2,920 183 11.5% 6.3% 9.6% -20.9% 4.7% -69.7%
9 RRKABEL R R ₹2,428.00 27,462 45.2 10,832 608 8.5% 5.6% 27.6% 58.0% 53.9% 128.6%
10 FINCABLES Finolex Cables ₹1,430.10 21,872 27.3 6,939 800 10.5% 11.5% 18.9% 1.8% 44.3% 53.1%
11 HBLENGINE HBL ENGINEERING ₹717.55 19,890 25.5 3,339 781 32.0% 23.4% 67.8% 193.8% 6.0% -23.8%
12 GRAPHITE Graphite India ₹815.30 15,929 74.7 3,029 209 3.0% 6.9% 11.4% -62.7% 26.6% 28.6%
13 VGUARD V-Guard Industries ₹327.15 14,293 39.3 6,310 365 9.4% 5.8% 7.0% -1.8% 23.5% 76.4%
14 KANOHAR Kanohar Electricals ₹1,153.40 9,133 — — — — — — — 104.6% 148.5%
15 LASERPOWER Laser Power ₹284.95 4,000 — — — — — — — 14.9% -57.7%
16 MARSONS Marsons ₹129.91 2,236 50.8 247 44 16.9% 17.9% 45.5% 72.5% 4.7% -26.2%
17 MVELECTRO MV Electrosystems ₹798.60 2,179 — — — — — — — -5.0% -20.2%
18 RMC RMC Switchgears ₹194.98 206 — — — — — — — -58.0% -54.5%
❓ Frequently asked questions
What was V-Guard Industries Limited's revenue in Q1 FY27?
V-Guard Industries Limited reported revenue of ₹1,737 crore for the quarter ended June 2026 (Q1 FY27), up 23.5% from ₹1,406 crore in the same quarter last year, and up 3.0% sequentially over the March 2026 quarter.
What was V-Guard Industries Limited's net profit in Q1 FY27?
Net profit rose 93.5% year-on-year to ₹108 crore, from ₹56 crore. Earnings per share (EPS) came in at ₹2.46.
What is VGUARD's market capitalisation and P/E ratio?
At the current price of ₹287.60, VGUARD has a market capitalisation of ₹12,565 crore and a trailing P/E of about 40.4.
Who owns V-Guard Industries Limited? (shareholding pattern)
As of Sep 2026, promoters held 53.21%, foreign institutional investors (FIIs) 13.02%, domestic institutional investors (DIIs) 21.62%, public shareholders 12.15% of V-Guard Industries Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI