V-Guard Industries quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	1,853	1,341	+38.2%
EBITDA	168	109	+53.7%
EBITDA margin	9.1%	8.2%	+0.9 pts
Profit before tax	150	85.1	+76.0%
Net profit	112	65.3	+71.0%
EPS	₹2.54	₹1.49	+70.5%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	1,853	1,811	1,755	1,404	1,341	1,466	1,538	1,269	1,294	1,477	1,343	1,165	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	13.7	11.7	7.6	5.7	4.9	5.3	4.5	5.4	4.1	6.9	4.9	3.2
	1,867	1,822	1,763	1,409	1,346	1,471	1,543	1,274	1,298	1,484	1,348	1,169
	733	780	538	448	472	498	403	530	461	604	473	403
	668	464	599	407	376	418	565	348	477	331	435	385
	−184	−102	−1.1	44.6	−11.0	9.8	23.0	−68.3	−109	5.9	−25.3	−17.7
	160	165	144	116	136	140	137	130	129	123	110	82.6
	3.0	3.1	3.0	3.0	2.1	4.3	2.6	5.8	7.6	8.6	9.9	9.4
	28.9	27.7	28.1	26.5	27.0	26.3	26.8	25.0	22.1	21.7	22.2	19.1
	308	312	305	265	258	277	266	225	224	258	222	211
	1,717	1,650	1,616	1,310	1,261	1,373	1,424	1,195	1,213	1,352	1,247	1,092
	168	191	171	123	109	124	143	104	110	156	128	102
	139	163	143	96.7	82.3	97.3	116	79.1	88.2	134	106	82.5
Profit
	150	172	147	99.4	85.1	98.3	118	78.7	84.6	132	101	76.3
	0.0	0.0	0.0	−22.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	150	172	147	77.3	85.1	98.3	118	78.7	84.6	132	101	76.3
	33.8	43.8	35.5	23.8	21.2	25.2	28.3	18.7	21.1	32.5	26.1	20.4
	4.3	−2.2	−0.4	−3.6	−1.5	−0.8	−1.2	−0.2	0.1	0.9	−1.6	−2.4
	38.1	41.6	35.1	20.3	19.8	24.4	27.1	18.5	21.2	33.4	24.5	18.0
	0.0	0.0	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	112	130	112	57.1	65.3	73.9	91.1	60.2	63.4	99.0	76.2	58.2
	112	130	112	57.1	65.3	73.9	91.1	60.2	63.4	99.0	76.2	58.2
	0.0	0.0	−0.8	0.0	0.0	0.0	−3.1	0.0	0.0	0.0	−2.8	0.0
	112	130	111	57.1	65.3	73.9	88.0	60.2	63.4	99.0	73.4	58.2
	112	130	112	57.1	65.3	73.9	91.1	60.2	63.4	99.0	76.2	58.2
Per share
	₹2.54	₹2.97	₹2.56	₹1.30	₹1.49	₹1.69	₹2.08	₹1.38	₹1.45	₹2.26	₹1.74	₹1.33
	₹2.54	₹2.96	₹2.55	₹1.30	₹1.48	₹1.68	₹2.07	₹1.37	₹1.44	₹2.25	₹1.74	₹1.33
Other comprehensive income — detail
	0.0	0.0	−0.8	0.0	0.0	0.0	−3.1	—	—	—	—	—
	—	—	—	—	—	—	—	—	—	—	−2.8	—
	0.0	0.0	0.8	0.0	0.0	0.0	3.1	—	—	—	—	—
	112	130	111	57.1	65.3	73.9	88.0	60.2	63.4	99.0	73.4	58.2
Per share — as-filed variants
	₹2.54	₹2.97	₹2.56	₹1.30	₹1.49	₹1.69	₹2.08	₹1.38	₹1.45	₹2.26	₹1.74	₹1.33
	₹2.54	₹2.96	₹2.55	₹1.30	₹1.48	₹1.68	₹2.07	₹1.37	₹1.44	₹2.25	₹1.74	₹1.33
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	636	668	620	504	504	541	546	459	464	536	460	395
	34.3%	36.9%	35.3%	35.9%	37.6%	36.9%	35.5%	36.2%	35.8%	36.3%	34.3%	33.9%
Adjusted (ex-exceptional items) — derived
	150	172	147	99.4	85.1	98.3	118	78.7	84.6	132	101	76.3
	0.0	0.0	0.0	−22.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	112	130	112	73.4	65.3	73.9	91.1	60.2	63.4	99.0	76.2	58.2
	₹2.54	₹2.97	₹2.56	₹1.67	₹1.49	₹1.69	₹2.08	₹1.38	₹1.45	₹2.26	₹1.74	₹1.33

Open the chart

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

alphave

VGUARD₹284.85

V-Guard Industries Ltd.

· Consumer Goods

Annual Quarterly₹ CrorePeersHAVELLS CROMPTON POLYCAB VIPIND VAIBHAVGBL WAKEFIT THANGAMAYL SKYGOLDMcap ₹12,442 Cr

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In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	1,165.4	1,342.8	1,477.1	1,294.0	1,268.7	1,538.1	1,466.1	1,340.9	1,403.5	1,755.3	1,810.7	1,852.9
Other Income	3.2	4.9	6.9	4.1	5.4	4.5	5.3	4.9	5.7	7.6	11.7	13.7
Total Income	1,168.6	1,347.7	1,484.0	1,298.0	1,274.1	1,542.6	1,471.3	1,345.8	1,409.2	1,762.9	1,822.3	1,866.5
Expenses
+ Cost of Materials Consumed	403.4	472.5	604.0	461.4	530.4	403.3	497.9	471.9	448.0	538.2	780.4	732.6
+ Purchases of Stock-in-Trade	384.9	435.4	330.9	477.5	347.9	565.5	417.7	376.2	406.6	598.6	464.2	668.5
+ Changes in Inventories	-17.7	-25.3	5.9	-108.7	-68.3	23.0	9.8	-11.0	44.6	-1.1	-101.7	-184.2
+ Employee Benefit Expense	82.6	110.2	122.6	129.3	130.0	136.9	140.4	136.2	115.9	143.9	165.2	160.4
+ Finance Costs	9.4	9.9	8.6	7.6	5.8	2.6	4.3	2.1	3.0	3.0	3.1	3.0
+ Depreciation & Amortisation	19.1	22.2	21.7	22.1	25.0	26.8	26.3	27.0	26.5	28.1	27.7	28.9
+ Other Expenses	210.6	222.2	258.0	224.2	224.5	266.4	276.7	258.3	265.3	305.0	311.7	307.7
Total Expenses	1,092.3	1,247.0	1,351.7	1,213.4	1,195.3	1,424.4	1,373.1	1,260.8	1,309.8	1,615.7	1,650.5	1,716.8
EBITDA	101.6	127.9	155.8	110.3	104.1	143.1	123.6	109.3	123.2	170.7	191.0	167.9
EBIT	82.5	105.7	134.0	88.2	79.1	116.3	97.3	82.3	96.7	142.6	163.3	139.0
Profit
PBT before Exceptional Items	76.3	100.6	132.4	84.6	78.7	118.2	98.3	85.1	99.4	147.2	171.9	149.7
+ Exceptional Items	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-22.1	0.0	0.0	0.0
Pretax Income	76.3	100.6	132.4	84.6	78.7	118.2	98.3	85.1	77.3	147.2	171.9	149.7
+ Current Tax	20.4	26.1	32.5	21.1	18.7	28.3	25.2	21.2	23.8	35.5	43.8	33.8
+ Deferred Tax	-2.4	-1.6	0.9	0.1	-0.2	-1.2	-0.8	-1.5	-3.6	-0.4	-2.2	4.3
Tax Expense	18.0	24.5	33.4	21.2	18.5	27.1	24.4	19.8	20.3	35.1	41.6	38.1
+ Share of Associates & JVs	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-0.0	0.0	0.0
Net Income	58.2	76.2	99.0	63.4	60.2	91.1	73.9	65.3	57.1	112.1	130.3	111.7
+ Net Income — Continuing Ops	58.2	76.2	99.0	63.4	60.2	91.1	73.9	65.3	57.1	112.1	130.3	111.7
+ Other Comprehensive Income	0.0	-2.8	0.0	0.0	0.0	-3.1	0.0	0.0	0.0	-0.8	0.0	0.0
Total Comprehensive Income	58.2	73.4	99.0	63.4	60.2	88.0	73.9	65.3	57.1	111.4	130.3	111.7
Net Income to Common	58.2	76.2	99.0	63.4	60.2	91.1	73.9	65.3	57.1	112.1	130.3	111.7
Per Share
Basic EPS	1.33	1.74	2.26	1.45	1.38	2.08	1.69	1.49	1.30	2.56	2.97	2.54
Diluted EPS	1.33	1.74	2.25	1.44	1.37	2.07	1.68	1.48	1.30	2.55	2.96	2.54
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	-3.1	0.0	0.0	0.0	-0.8	0.0	0.0
+ Items NOT to be Reclassified to P&L	—	-2.8	—	—	—	—	—	—	—	—	—	—
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	3.1	0.0	0.0	0.0	0.8	0.0	0.0
Comprehensive Income — Owners of Parent	58.2	73.4	99.0	63.4	60.2	88.0	73.9	65.3	57.1	111.4	130.3	111.7
Per Share — as-filed variants
Basic EPS — Continuing Operations	1.33	1.74	2.26	1.45	1.38	2.08	1.69	1.49	1.30	2.56	2.97	2.54
Diluted EPS — Continuing Operations	1.33	1.74	2.25	1.44	1.37	2.07	1.68	1.48	1.30	2.55	2.96	2.54
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	394.8	460.2	536.3	463.8	458.7	546.3	540.7	503.8	504.3	619.6	667.8	636.0
Gross Margin %	33.88	34.27	36.31	35.84	36.16	35.52	36.88	37.57	35.93	35.30	36.88	34.33
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	76.3	100.6	132.4	84.6	78.7	118.2	98.3	85.1	99.4	147.2	171.9	149.7
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-22.1	0.0	0.0	0.0
Net Income Adj (tax-effected)	58.2	76.2	99.0	63.4	60.2	91.1	73.9	65.3	73.4	112.1	130.3	111.7
EPS Adj	1.33	1.74	2.26	1.45	1.38	2.08	1.69	1.49	1.67	2.56	2.97	2.54
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Filed Debt Equity	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00
Filed Dscr	5.00	8.00	2.00	2.00	2.00	4.30	10.20	11.47	11.99	16.64	21.13	17.31
Filed Iscr	9.00	—	—	9.00	9.00	47.36	24.01	40.94	34.48	49.91	56.26	51.76
Paid Up Equity Capital	43.4	43.4	43.5	43.5	43.5	43.6	43.6	43.6	43.6	43.7	43.7	43.7

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · 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 Q2 FY27 results (July–September 2026)

Filed with NSE on Thursday, 29 October 2026 at 1:03 pm IST

V-Guard Industries (NSE: VGUARD) reported its Q2 FY27 results (July–September 2026) on Thursday, 29 October 2026 at 1:03 pm IST. Consolidated net profit was ₹112 crore, up 71.0% from ₹65.3 crore in Q2 FY26 and down 14.3% from ₹130 crore in Q1 FY27. Revenue from operations was ₹1,853 crore, up 38.2% year on year and up 2.3% from the previous quarter.

Q2 FY26 results (a year earlier): 29 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹112 Cr+71.0% vs Q2 FY26−14.3% vs Q1 FY27
Revenue from operations: ₹1,853 Cr+38.2% vs Q2 FY26+2.3% vs Q1 FY27
Operating margin (EBIT): 7.5%+1.4 pts vs Q2 FY26−1.5 pts vs Q1 FY27EBIT ₹139 Cr
EBITDA: ₹168 Cr+53.7% vs Q2 FY26−12.1% vs Q1 FY27margin 9.1%
Earnings per share (basic): ₹2.54+70.5% vs Q2 FY26−14.5% vs Q1 FY27
Net profit margin: 6.0%+1.2 pts vs Q2 FY26−1.2 pts vs Q1 FY27

Questions

What was V-Guard Industries' net profit in Q2 FY27?

Consolidated net profit was ₹112 crore, up 71.0% from ₹65.3 crore in Q2 FY26 and down 14.3% from ₹130 crore in Q1 FY27.

What was V-Guard Industries' revenue in Q2 FY27?

Revenue from operations was ₹1,853 crore, up 38.2% year on year and up 2.3% from the previous quarter.

What is V-Guard Industries' net profit margin?

V-Guard Industries' net profit margin was 6.0% in Q2 FY27 (net profit as a share of revenue from operations), against 4.9% in Q2 FY26 (up 1.2 percentage points). For FY26 as a whole it was 5.2%.

How were V-Guard Industries' Q2 FY27 results?

Both grew from a year earlier: net profit was up 71.0% at ₹112 crore and revenue was up 38.2% at ₹1,853 crore. The operating margin was 7.5%, up 1.4 percentage points from 6.1% a year earlier. Against Q1 FY27, net profit was down 14.3% and revenue up 2.3%.

What was V-Guard Industries' operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹139 crore, a margin of 7.5%, against 9.0% in Q1 FY27 and 6.1% in Q2 FY26. EBITDA was ₹168 crore, 9.1% of revenue.

What was V-Guard Industries' net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹242 crore, up 73.9% from ₹139 crore in the same months a year earlier. Revenue from operations was ₹3,664 crore, up 30.5%.

What was V-Guard Industries' EPS in Q2 FY27?

Basic earnings per share were ₹2.54, against ₹1.49 in Q2 FY26.

What was V-Guard Industries' revenue in FY26?

Revenue from operations was ₹5,966 crore in FY26 (April 2025–March 2026), up 7.0% from ₹5,578 crore in FY25. It was ₹4,857 crore in FY24 and ₹4,126 crore in FY23: up 44.6% over three years, 13.1% a year on average.

When did V-Guard Industries announce its Q2 FY27 results?

On Thursday, 29 October 2026 at 1:03 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 29 October 2025.

How has V-Guard Industries' profit changed over the last four quarters?

Net profit by quarter: ₹57.1 crore in Q3 FY26, ₹112 crore in Q4 FY26, ₹130 crore in Q1 FY27 and ₹112 crore in Q2 FY27. That is ₹411 crore over the four quarters, up 41.5% from ₹290 crore in the four quarters before. Revenue from operations: ₹1,404 crore, ₹1,755 crore, ₹1,811 crore and ₹1,853 crore.

What was V-Guard Industries' net profit in FY26?

Consolidated net profit was ₹308 crore in FY26 (April 2025–March 2026), down 1.7% from ₹314 crore in FY25. It was ₹258 crore in FY24 and ₹189 crore in FY23: up 63.0% over three years, 17.7% a year on average.

When will V-Guard Industries announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these V-Guard Industries figures come from?

From V-Guard Industries' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 29 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.