V-Guard Industries financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹1,853cr+38.2% on Q2 FY26
Net profit
₹112cr+71.0% on Q2 FY26
EBITDA margin
9.1%+0.9 pts on Q2 FY26
EPS
₹2.54+70.5% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue1,8531,341+38.2%
EBITDA168109+53.7%
EBITDA margin9.1%8.2%+0.9 pts
Profit before tax15085.1+76.0%
Net profit11265.3+71.0%
EPS₹2.54₹1.49+70.5%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹1,853 crNet profit₹112 crNet margin6.0%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
11,532————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
52722860.177.639.7
8.88.810.8291420
11,013————
6,8225,9665,5784,8574,126
—+7.0%+14.8%+17.7%—
653527513427320
9.6%8.8%9.2%8.8%7.8%
542419418346255
411308314258189
6.0%5.2%5.6%5.3%4.6%
₹9.41₹7.06₹7.18₹5.90₹4.33
—−1.7%+21.8%+36.2%—
—459477393424
—−180−121−128−103
279279356265321
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

VGUARD₹264.00

V-Guard Industries Ltd.

· Consumer Goods
₹ CrorePeersHAVELLSCROMPTONPOLYCABVIPINDVAIBHAVGBLWAKEFITTHANGAMAYLSKYGOLDMcap ₹11,532 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————11,531.5
- Cash, Equiv & ST Investments39.777.660.1227.6527.0
+ Total Debt419.6291.010.88.88.8
Enterprise Value————11,013.4
Revenue4,126.04,856.75,577.85,965.86,822.3
Growth %, YoY—+17.7+14.8+7.0—
EBITDA319.9426.7513.2526.8652.8
Margin %7.758.799.208.839.57
EBIT255.5345.8417.6418.9541.6
Net Income189.0257.6313.7308.3411.1
Margin %4.585.305.625.176.03
EPS, Adj (current shares)4.335.907.187.069.41
Growth %, YoY—+36.2+21.8-1.7—
Cash from Operations423.8392.7477.0458.6—
Capital Expenditures-102.6-128.2-120.7-179.9—
Free Cash Flow321.2264.5356.3278.7278.7
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

V-Guard Industries financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

V-Guard Industries (NSE: VGUARD) had a market capitalisation of ₹12,445 crore at the 29 October 2026 close (₹284.85 a share), a PE ratio of 30.3 on the last four quarters' profit and a price-to-book ratio of 4.86. In FY26 its consolidated net profit was ₹308 crore on revenue of ₹5,966 crore; in Q2 FY27 (July–September 2026) it was ₹112 crore, up 71.0% year on year. Its debt-to-equity ratio was 0.00 on 30 September 2026. Promoters held 53.21% of the shares on 30 September 2026.

Share price used
₹284.85 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

V-Guard Industries at a glance · consolidated

Market cap
₹12,445 Crat ₹284.85 · 29 Oct close
PE ratio (last 4 quarters)
30.340.4 on FY26 profit
Price to book (PB)
4.86book value ₹58.67 a share
ROE (FY26)
13.8%−2.3 pts vs FY25ROCE 17.0%
Debt to equity
0.00net cash ₹530 Cr
Promoter holding
53.21%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.53%₹1.50 a share in 12 months
Net worth
₹2,563 Cr+17.0% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
₹279 Cr−21.8% vs FY25

Questions

What is the V-Guard Industries PE ratio today?

V-Guard Industries' PE ratio is 30.3 at the 29 October 2026 close (₹284.85 a share): a market capitalisation of ₹12,445 crore divided by consolidated net profit of ₹411 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹308 crore) it is 40.4.

Is V-Guard Industries debt free?

No. V-Guard Industries had borrowings of ₹8 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.00. Its cash and current investments were ₹538 crore, so it held net cash of ₹530 crore.

What is the V-Guard Industries debt to equity ratio?

V-Guard Industries' debt-to-equity ratio was 0.00 on 30 September 2026: borrowings of ₹8 crore against total equity of ₹2,563 crore. A year earlier, on 30 September 2025, it was 0.00.

What is the V-Guard Industries PB ratio (price to book value)?

V-Guard Industries' price-to-book (PB) ratio is 4.86 at the 29 October 2026 close: a market capitalisation of ₹12,445 crore divided by shareholders' equity (book value) of ₹2,563 crore on 30 September 2026. That is a book value of ₹58.67 per share against a share price of ₹284.85.

What is the V-Guard Industries net worth?

V-Guard Industries' net worth — shareholders' equity in its consolidated balance sheet — was ₹2,563 crore on 30 September 2026, up 17.0% from ₹2,190 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹12,445 crore at the 29 October 2026 close.

What is the V-Guard Industries ROE and ROCE?

In FY26, V-Guard Industries' return on equity (ROE) was 13.8% and its return on capital employed (ROCE) was 17.0%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 16.0% and ROCE 18.7%.

What is the V-Guard Industries market cap?

V-Guard Industries' market capitalisation was ₹12,445 crore at the 29 October 2026 close: 43.69 crore shares at ₹284.85 each.

What is the V-Guard Industries EPS?

V-Guard Industries' basic earnings per share (EPS) were ₹7.03 in FY26, against ₹7.17 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹9.37.

What is the V-Guard Industries dividend in 2026 and its record date?

In 2026, V-Guard Industries has declared one dividend: ₹1.50 with record date 31 July 2026.

What is the V-Guard Industries book value per share?

V-Guard Industries' book value per share was ₹58.67 on 30 September 2026: shareholders' equity of ₹2,563 crore divided by the 43.69 crore shares in issue, up 16.8% from ₹50.23 a year earlier. The share price at the 29 October 2026 close was ₹284.85.

What is the V-Guard Industries promoter holding?

Promoters held 53.21% of V-Guard Industries on 30 September 2026, down 0.01 percentage points from 53.22% the previous quarter and down 0.11 percentage points from 53.32% a year earlier, according to the shareholding pattern filed with NSE.

What are the V-Guard Industries latest quarterly results?

V-Guard Industries' latest results are for Q2 FY27 (July–September 2026), filed on 29 October 2026: consolidated net profit ₹112 crore, up 71.0% from ₹65.3 crore in Q2 FY26; revenue from operations ₹1,853 crore, up 38.2% year on year.

What is the V-Guard Industries dividend yield?

V-Guard Industries' dividend yield is 0.53% at the 29 October 2026 close: dividends of ₹1.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹284.85. They were ₹1.50 on 31 July 2026.

What is the V-Guard Industries free cash flow?

In FY26, V-Guard Industries generated ₹459 crore of cash from operations and spent ₹180 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹279 crore. In FY25 it was ₹356 crore.

When are the V-Guard Industries next results?

V-Guard Industries has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

What is the V-Guard Industries shareholding pattern?

On 30 September 2026, V-Guard Industries' shares were held by promoters 53.21%, foreign portfolio investors (FII/FPI) 13.02%, domestic institutions (DII) 21.62% (including mutual funds at 20.96%) and retail and other non-institutional investors 12.15%. Over the year, FII holding was up 0.57 percentage points from 12.45% and DII holding was down 1.24 percentage points from 22.86%.

What is the V-Guard Industries revenue and profit in FY26?

In FY26 (April 2025–March 2026), V-Guard Industries' consolidated net profit was ₹308 crore, down 1.7% from ₹314 crore in FY25, on revenue from operations of ₹5,966 crore (up 7.0%). Over three years, from FY23, net profit was up 63.0%.

V-Guard Industries vs Havells India: how do they compare?

In FY26, V-Guard Industries earned net profit of ₹308 crore on revenue of ₹5,966 crore, against ₹1,691 crore on ₹22,528 crore for Havells India. V-Guard Industries' operating margin was 7.0% (Havells India 7.9%) and its return on equity 13.8% (Havells India 19.0%). At the 29 October 2026 close, V-Guard Industries' market capitalisation was ₹12,445 crore against ₹64,005 crore for Havells India, and its PE ratio on FY26 profit 40.4 against 37.9.

How does V-Guard Industries compare with its peers?

On FY26 consolidated figures, against Havells India, Crompton Greaves Consumer Electricals and Polycab India: V-Guard Industries' operating margin of 7.0% is the lowest of the four (Havells India 7.9%, Crompton Greaves Consumer Electricals 8.1%, Polycab India 12.5%; peer average 9.5%); its return on equity of 13.8% is the third highest of the four (Havells India 19.0%, Crompton Greaves Consumer Electricals −7.6%, Polycab India 24.5%; peer average 12.0%); its revenue growth over three years of 13.1% a year is the second highest of the four (Havells India 10.0% a year, Crompton Greaves Consumer Electricals 5.6% a year, Polycab India 27.0% a year; peer average 14.2% a year).

Where do these V-Guard Industries figures come from?

From V-Guard Industries' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.