- Total income
- ₹5,747 Cr
- Profit
- ₹314 Cr
About V-Guard Industries
V-Guard Industries is a publicly listed company based in Kochi (India) founded in 1977 by Kochouseph Chittilappilly. Electrical home appliances are manufactured by V-Guard Industries. The company has 7,180 employees. V-Guard Industries has completed 2 acquisitions, including Global Manufacturers and Sunflame. Its chief executive, as recorded, is Gangesh Shukla. Its website vguard.in draws about 604 thousand monthly visits. Its Indian entity V Guard Industries Limited reported revenue of ₹5,989 Cr. V-Guard Industries offers products and services including Voltage Stabilizers and Inverters and Batteries. Its focus areas include High Tech, Smart Homes, Kitchen Appliances and Water Purifiers.
Company details
V-Guard Industries was founded in 1977 in Kochi, India, as a manufacturer of electrical home appliances. Products such as voltage stabilizers, pumps, water heaters, cables, UPS systems, and ceiling fans are produced. A network of 83 distributors, 75 service centers, and 7000 retailers is operated nationwide. Electricity is also generated, with 13 lakh units produced annually and supplied to the state grid. Sales occur through retail channels.
V-Guard Industries is ranked #413 on the Fortune India 500 (2025).
Recognitions & Rankings of V-Guard Industries
- Valuation
- ₹18,950 Cr
- Headquarters Kochi, India
- Employees 7,180
- Founders Kochouseph Chittilappilly
- Stage Public
- SectorsTechnology
- Website category Computers Electronics and Technology
- Email••••••••
- Phone•••• ••••
- Website vguard.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name V-Guard Industries Limited
- Market Cap₹11,535 Cr
VGUARD · NSE
- Share Price₹284.85
+7.90% today
- Revenue₹5,966 Cr
FY 2025-26 · +7.0% YoY
- EBITDA₹505 Cr
Margin 8.5%
- Net Profit₹322 Cr
FY 2025-26 · +4.6% YoY
- P/E (TTM)30.2x
P/B 4.8x
- ROE13.8%
ROCE 17.5%
- Debt / Equity0.07
Interest cover 3.1x
- Investors
- Employee Count7,180
- Investments & AcquisitionsGlobal Manufacturers
& 1 more
Associated legal entities of V-Guard Industries
V-Guard Industries operates through V Guard Industries Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| V Guard Industries Limited Listed CIN L31200KL1996PLC010010 | Active | 12 Feb 1996 | Kochi, Kerala | ₹5,989 Cr | 3,309 | 10 | View details |
Products & Services of V-Guard Industries
V-Guard Industries offers a comprehensive portfolio of products and services, including Voltage Stabilizers and Inverters and Batteries.
Voltage regulation is provided for electronic equipment to ensure stability and protection
Backup power supply is offered through inverters and batteries for uninterrupted electricity needs
Apps and channels of V-Guard Industries
its YouTube channel V-GuardOnline has 106K subscribers and 30 videos.
Videos from V-Guard Industries
The most watched videos on V-Guard Industries's YouTube channel, V-GuardOnline (106K subscribers). Click a video to play it here.
More on V-GuardOnline.
Funding Insights of V-Guard Industries
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of V-Guard Industries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2014 | Private Equity Round | – | – |
1 investors in total: 1 institutional.
Investors in V-Guard Industries
V-Guard Industries has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MCap Fund Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE firm investing in India | 2010 | mcapfundadvisors.com | Gurugram, India |
Investor details for V-Guard Industries
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of V Guard Industries Limited (V-Guard Industries)
V Guard Industries Limited is the primary company behind V-Guard Industries. The board of V Guard Industries Limited currently have 8 directors; the longest-serving is Mithun Chittilappilly, appointed in 2012. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mithun Chittilappilly DIN 00027610 | Managing Director | 01 Apr 2012 | 14 yrs 6 mo | V Guard Industries Limited |
| Ramachandran DIN 06576300 | Whole-time director | 23 Jul 2013 | 13 yrs 3 mo | V Guard Industries Limited |
| George Muthoot Jacob DIN 00018955 | Director | 05 Oct 2020 | 6 yrs | V Guard Industries Limited |
| Biju Varkkey DIN 01298281 | Director | 26 May 2021 | 5 yrs 5 mo | V Guard Industries Limited |
| Antony Sebastian Karathra DIN 01628332 | Whole-time director | 30 May 2023 | 3 yrs 5 mo | V Guard Industries Limited |
| Ishwar Subramanian DIN 01473535 | Director | 30 May 2023 | 3 yrs 5 mo | V Guard Industries Limited |
| Reena Philip DIN 11462302 | Director | 28 Jan 2026 | 9 mo | V Guard Industries Limited |
| Usha Sunny DIN 07215012 | Director | 12 May 2026 | 5 mo | V Guard Industries Limited |
People of V-Guard Industries
97 people are tracked at V-Guard Industries (23 in leadership, 7 in board & advisors, 67 in team); the tracked headcount is 7,180.
| Name | Role | Group |
|---|---|---|
Gangesh Shukla | Owner & Co-CEO | Leadership |
Kochouseph Chittilappilly | Founder & Co-CEO | Leadership |
| Managing Director | Leadership | |
V Ramachandran | Chief Operating Officer | Leadership |
Anish Mathews | Assistant Vice President - Strategy | Leadership |
Freddy D'Silva | Chief Officer -it | Leadership |
Kesavan M | Supply Chain Finance Head - V Guard | Leadership |
Kunal Rathore | Channel Partner | Leadership |
James M Varghese | Sr. General Manager & Head - Industrial Design | Leadership |
Sajesh R | Deputy General Manager Sourcing | Leadership |
Gnana Reuben A | Head Technical And Development | Leadership |
Gopika Unnikrishnan | Chief Officer Finance | Leadership |
Saket Kandharkar | Head Strategic Sourcing And Procurement | Leadership |
Rakesh Nair | Chief Officer | Leadership |
Neeraj Bajpai | Deputy General Manager | Leadership |
Anoop Bhardwaj | Head Of Retail (emerging Channel And Digital Initiatives) V-guard Industries Ltd. | Leadership |
Rajeev Menon | GM & Head Of Administration | Leadership |
Varun Gopinath | Chief Officer | Leadership |
Surendra Prakash Pandey | DGM & Branch Head | Leadership |
Akhil Kumar | Chief Officer | Leadership |
77 more people are available in the full profile.
Complete people profiles for V-Guard Industries
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of V-Guard Industries
V-Guard Industries is a publicly listed company on the NSE with ticker symbol VGUARD in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date13 Mar 2008
- Listed onBSE: 532953 · NSE: VGUARD
- Listed entityV-Guard Industries Limited
- Exchange sectorProducer manufacturing
- ISININE951I01027
- Share price₹294.65 (+1.43% on the day) · 2026-10-14
- Market capitalisation₹12,697 Cr
- Price to earnings35.5
- EPS (diluted, trailing year)₹8.30
- Dividend yield0.52%
- Volume (last session)124,457
Financials of V-Guard Industries
Exchange-reported figures of V Guard Industries Limited, the listed company behind V-Guard Industries (NSE: VGUARD).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,966 | 5,578 | 4,857 | 4,127 | 3,500 | 2,721 | 2,503 |
| Revenue growth | +7.0% | +14.9% | +17.7% | +17.9% | +28.6% | +8.7% | - |
| EBITDA | 505 | 513 | 427 | 320 | 340 | 312 | 258 |
| EBITDA margin | +8.5% | +9.2% | +8.8% | +7.8% | +9.7% | +11.5% | +10.3% |
| Profit before tax | 408 | 414 | 340 | 256 | 294 | 288 | 250 |
| Net profit | 322 | 308 | 257 | 185 | 228 | 201 | 188 |
| Net profit margin | +5.4% | +5.5% | +5.3% | +4.5% | +6.5% | +7.4% | +7.5% |
| EPS (₹) | 7.06 | 7.20 | 5.93 | 4.38 | 5.28 | 4.67 | 4.37 |
| Balance sheet | |||||||
| Total assets | 2,559 | 2,251 | 2,232 | 2,150 | 1,500 | 1,302 | 1,059 |
| Net worth | 2,373 | 2,098 | 1,814 | 1,608 | 1,407 | 1,211 | 995 |
| Total debt | 165 | 134 | 401 | 503 | 68.35 | 69.27 | 12.77 |
| Cash & bank | 59.30 | 64.50 | 57.37 | 66.87 | 61.27 | 281 | 112 |
| Net working capital | 729 | 755 | 779 | 852 | 923 | 828 | 628 |
| Cash flow | |||||||
| Cash from operations | 459 | 477 | 393 | 424 | (36.82) | 222 | 141 |
| Cash from investing | (364) | (96.92) | (153) | (771) | (121) | 40.92 | (112) |
| Cash from financing | (97.67) | (378) | (232) | 326 | (62.32) | (5.74) | (91.46) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,811 | 1,755 | 1,404 | 1,341 | 1,466 | 1,538 | 1,269 | 1,294 |
| Revenue growth (YoY) | +23.5% | +14.1% | +10.6% | +3.6% | -0.8% | - | - | - |
| Other income | 11.68 | 7.62 | 5.73 | 4.91 | 5.25 | 4.50 | 5.43 | 4.05 |
| EBITDA | 191 | 171 | 101 | 109 | 124 | 143 | 104 | 110 |
| EBITDA margin | +10.5% | +9.7% | +7.2% | +8.1% | +8.4% | +9.3% | +8.2% | +8.5% |
| Depreciation | 27.66 | 28.10 | 26.52 | 26.96 | 26.31 | 26.78 | 25.04 | 22.11 |
| Interest | 3.11 | 3.01 | 2.97 | 2.13 | 4.27 | 2.55 | 5.79 | 7.58 |
| Profit before tax | 172 | 147 | 77.32 | 85.08 | 98.26 | 118 | 78.74 | 84.62 |
| Tax | 41.62 | 35.09 | 20.26 | 19.79 | 24.41 | 27.09 | 18.52 | 21.23 |
| Net profit | 130 | 112 | 57.06 | 65.29 | 73.85 | 91.13 | 60.22 | 63.39 |
| EPS (₹) | 2.96 | 2.55 | 1.30 | 1.48 | 1.68 | 2.07 | 1.37 | 1.44 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,692 | 5,309 | 4,559 | 4,051 | 3,477 | 2,699 | 2,482 |
| Revenue growth | +7.2% | +16.4% | +12.6% | +16.5% | +28.8% | +8.7% | - |
| EBITDA | 397 | 422 | 354 | 301 | 334 | 306 | 253 |
| EBITDA margin | +7.0% | +8.0% | +7.8% | +7.4% | +9.6% | +11.4% | +10.2% |
| Profit before tax | 344 | 348 | 301 | 241 | 290 | 285 | 245 |
| Net profit | 272 | 253 | 230 | 179 | 227 | 199 | 186 |
| Net profit margin | +4.8% | +4.8% | +5.0% | +4.4% | +6.5% | +7.4% | +7.5% |
| EPS (₹) | 5.94 | 5.97 | 5.32 | 4.15 | 5.26 | 4.63 | 4.32 |
| Balance sheet | |||||||
| Total assets | 2,307 | 2,092 | 2,139 | 2,128 | 1,487 | 1,290 | 1,050 |
| Net worth | 2,225 | 1,998 | 1,768 | 1,588 | 1,402 | 1,208 | 994 |
| Total debt | 64.36 | 76.73 | 356 | 501 | 66.35 | 66.25 | 10.00 |
| Cash & bank | 32.02 | 30.49 | 35.63 | 24.10 | 53.88 | 281 | 112 |
| Net working capital | 550 | 593 | 674 | 746 | 908 | 824 | 628 |
| Cash flow | |||||||
| Cash from operations | 388 | 444 | 350 | 416 | (32.90) | 222 | 139 |
| Cash from investing | (299) | (77.25) | (107) | (774) | (133) | 41.21 | (110) |
| Cash from financing | (88.02) | (372) | (232) | 328 | (60.89) | (5.65) | (89.80) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,737 | 1,687 | 1,326 | 1,272 | 1,406 | 1,480 | 1,185 | 1,229 |
| Revenue growth (YoY) | +23.5% | +14.0% | +11.9% | +3.5% | -0.6% | - | - | - |
| Other income | 11.16 | 7.25 | 5.37 | 18.63 | 4.87 | 3.23 | 5.41 | 3.70 |
| Total expenses | 1,582 | 1,544 | 1,251 | 1,187 | 1,313 | 1,359 | 1,102 | 1,138 |
| EBITDA | 155 | 143 | 74.71 | 85.34 | 93.86 | 121 | 82.80 | 91.03 |
| EBITDA margin | +8.9% | +8.5% | +5.6% | +6.7% | +6.7% | +8.2% | +7.0% | +7.4% |
| Depreciation | 20.91 | 21.04 | 20.25 | 20.57 | 20.20 | 20.47 | 19.65 | 17.01 |
| Interest | 1.59 | 1.43 | 1.68 | 0.85 | 2.97 | 1.28 | 4.58 | 6.51 |
| Profit before tax | 144 | 128 | 58.15 | 82.55 | 75.56 | 102 | 63.98 | 71.21 |
| Tax | 35.93 | 32.26 | 15.81 | 16.58 | 19.85 | 24.22 | 15.89 | 19.02 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,811 | 1,755 | 1,404 | 1,341 | 1,466 | 1,538 | 1,269 | 1,294 |
| Revenue growth (YoY) | +23.5% | +14.1% | +10.6% | +3.6% | -0.8% | - | - | - |
| Other income | 11.68 | 7.62 | 5.73 | 4.91 | 5.25 | 4.50 | 5.43 | 4.05 |
| EBITDA | 191 | 171 | 101 | 109 | 124 | 143 | 104 | 110 |
| EBITDA margin | +10.5% | +9.7% | +7.2% | +8.1% | +8.4% | +9.3% | +8.2% | +8.5% |
| Depreciation | 27.66 | 28.10 | 26.52 | 26.96 | 26.31 | 26.78 | 25.04 | 22.11 |
| Interest | 3.11 | 3.01 | 2.97 | 2.13 | 4.27 | 2.55 | 5.79 | 7.58 |
| Profit before tax | 172 | 147 | 77.32 | 85.08 | 98.26 | 118 | 78.74 | 84.62 |
| Tax | 41.62 | 35.09 | 20.26 | 19.79 | 24.41 | 27.09 | 18.52 | 21.23 |
| Net profit | 130 | 112 | 57.06 | 65.29 | 73.85 | 91.13 | 60.22 | 63.39 |
| EPS (₹) | 2.96 | 2.55 | 1.30 | 1.48 | 1.68 | 2.07 | 1.37 | 1.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,966 | 5,578 | 4,857 | 4,127 | 3,500 | 2,721 | 2,503 |
| Revenue growth | +7.0% | +14.9% | +17.7% | +17.9% | +28.6% | +8.7% | - |
| Other income | 23.51 | 20.89 | 34.03 | 16.23 | 10.76 | 20.73 | 25.13 |
| Total expenses | 5,461 | 5,065 | 4,430 | 3,807 | 3,160 | 2,409 | 2,245 |
| Employee cost | 536 | 519 | 403 | 303 | 270 | 227 | 209 |
| EBITDA | 505 | 513 | 427 | 320 | 340 | 312 | 258 |
| EBITDA margin | +8.5% | +9.2% | +8.8% | +7.8% | +9.7% | +11.5% | +10.3% |
| Depreciation | 108 | 95.66 | 80.88 | 64.42 | 49.15 | 38.63 | 29.38 |
| Interest | 12.38 | 24.51 | 39.54 | 16.19 | 7.88 | 6.10 | 4.16 |
| Profit before tax | 408 | 414 | 340 | 256 | 294 | 288 | 250 |
| Tax | 99.55 | 100 | 82.74 | 66.69 | 65.53 | 86.21 | 61.33 |
| Net profit | 322 | 308 | 257 | 185 | 228 | 201 | 188 |
| Net profit margin | +5.4% | +5.5% | +5.3% | +4.5% | +6.5% | +7.4% | +7.5% |
| EPS (₹) | 7.06 | 7.20 | 5.93 | 4.38 | 5.28 | 4.67 | 4.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 43.68 | 43.58 | 43.44 | 43.22 | 43.15 | 43.02 | 42.83 |
| Reserves & surplus | 2,329 | 2,054 | 1,771 | 1,564 | 1,364 | 1,168 | 953 |
| Shareholders' funds (net worth) | 2,373 | 2,098 | 1,814 | 1,608 | 1,407 | 1,211 | 995 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 5.47 | 4.71 | 3.63 |
| Secured loans | 0.00 | 0.00 | 274 | 273 | 1.79 | 3.01 | 2.77 |
| Unsecured loans | 165 | 134 | 127 | 230 | 66.56 | 66.26 | 10.00 |
| Total debt | 165 | 134 | 401 | 503 | 68.35 | 69.27 | 12.77 |
| Total liabilities | 2,559 | 2,251 | 2,232 | 2,150 | 1,500 | 1,302 | 1,059 |
| Assets | |||||||
| Gross block | 1,989 | 1,757 | 1,635 | 1,479 | 636 | 486 | 364 |
| Net block | 1,524 | 1,374 | 1,334 | 1,247 | 463 | 370 | 284 |
| Capital work in progress | 21.03 | 49.12 | 37.12 | 27.35 | 16.99 | 19.55 | 66.87 |
| Investments | 276 | 80.74 | 101 | 33.52 | 33.40 | 33.40 | 36.00 |
| Inventories | 1,024 | 997 | 812 | 767 | 860 | 632 | 479 |
| Sundry debtors | 533 | 542 | 596 | 557 | 484 | 388 | 324 |
| Cash & bank balances | 59.30 | 64.50 | 57.37 | 66.87 | 61.27 | 281 | 112 |
| Loans & advances | 168 | 138 | 142 | 114 | 125 | 100 | 110 |
| Total current assets | 1,784 | 1,742 | 1,607 | 1,505 | 1,530 | 1,401 | 1,024 |
| Total current liabilities | 1,055 | 988 | 828 | 653 | 607 | 573 | 396 |
| Net working capital | 729 | 755 | 779 | 852 | 923 | 828 | 628 |
| Total assets | 2,559 | 2,251 | 2,232 | 2,150 | 1,500 | 1,302 | 1,059 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 49.98 | 47.45 | 39.54 | 60.80 | 281 | 23.43 | 85.31 |
| Net cash from operating activities | 459 | 477 | 393 | 424 | (36.82) | 222 | 141 |
| Net cash from investing activities | (364) | (96.92) | (153) | (771) | (121) | 40.92 | (112) |
| Net cash from financing activities | (97.67) | (378) | (232) | 326 | (62.32) | (5.74) | (91.46) |
| Net change in cash | (3.06) | 2.53 | 7.91 | (21.26) | (220) | 257 | (61.88) |
| Closing cash | 59.30 | 64.50 | 57.37 | 66.87 | 61.27 | 281 | 112 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +7.0% | +14.9% | +17.7% | +17.9% | +28.6% | +8.7% | - |
| EBITDA growth | -1.7% | +20.3% | +33.3% | -5.9% | +9.0% | +21.0% | - |
| PBT growth | -1.5% | +21.6% | +33.1% | -13.0% | +2.0% | +15.4% | +13.7% |
| Net income growth | +4.6% | +19.8% | +38.7% | -18.8% | +13.5% | +7.1% | - |
| Revenue CAGR (3Y) | +13.1% | +16.8% | +21.3% | +18.1% | +10.5% | +5.4% | +6.3% |
| EBITDA CAGR (3Y) | +16.4% | +14.7% | +11.0% | +7.5% | +14.9% | +17.9% | +7.3% |
| Profitability & leverage | |||||||
| Net income margin | +5.2% | +5.6% | +5.3% | +4.6% | +6.5% | +7.4% | +7.5% |
| Return on capital employed | +17.5% | +19.6% | +17.3% | +14.9% | +21.6% | +25.0% | +25.6% |
| Return on net worth | +13.8% | +16.0% | +15.1% | +12.5% | +17.5% | +18.3% | +19.9% |
| Debt / equity | 0.07 | 0.14 | 0.26 | 0.19 | 0.05 | 0.04 | 0.01 |
| Long-term debt / equity | 0.05 | 0.08 | 0.17 | 0.13 | 0.04 | 0.02 | 0.00 |
| Interest cover | 3.12 | 5.87 | 11.43 | 6.33 | 2.71 | 2.23 | 1.82 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.19 | 3.29 | 3.12 | 3.90 | 6.24 | 6.40 | 7.73 |
| Inventory turnover | 5.90 | 6.17 | 6.15 | 5.07 | 4.69 | 4.90 | 5.85 |
| Debtors turnover | 11.10 | 9.80 | 8.43 | 7.93 | 8.03 | 7.64 | 6.39 |
| EPS (₹) | 7.06 | 7.20 | 5.93 | 4.38 | 5.28 | 4.67 | 4.37 |
| Dividend per share (₹) | 1.50 | 1.50 | 1.40 | 1.30 | 1.30 | 1.20 | 0.90 |
| Book value per share (₹) | 54.33 | 48.14 | 41.76 | 37.20 | 32.60 | 28.16 | 23.24 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,737 | 1,687 | 1,326 | 1,272 | 1,406 | 1,480 | 1,185 | 1,229 |
| Revenue growth (YoY) | +23.5% | +14.0% | +11.9% | +3.5% | -0.6% | - | - | - |
| Other income | 11.16 | 7.25 | 5.37 | 18.63 | 4.87 | 3.23 | 5.41 | 3.70 |
| Total expenses | 1,582 | 1,544 | 1,251 | 1,187 | 1,313 | 1,359 | 1,102 | 1,138 |
| EBITDA | 155 | 143 | 74.71 | 85.34 | 93.86 | 121 | 82.80 | 91.03 |
| EBITDA margin | +8.9% | +8.5% | +5.6% | +6.7% | +6.7% | +8.2% | +7.0% | +7.4% |
| Depreciation | 20.91 | 21.04 | 20.25 | 20.57 | 20.20 | 20.47 | 19.65 | 17.01 |
| Interest | 1.59 | 1.43 | 1.68 | 0.85 | 2.97 | 1.28 | 4.58 | 6.51 |
| Profit before tax | 144 | 128 | 58.15 | 82.55 | 75.56 | 102 | 63.98 | 71.21 |
| Tax | 35.93 | 32.26 | 15.81 | 16.58 | 19.85 | 24.22 | 15.89 | 19.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,692 | 5,309 | 4,559 | 4,051 | 3,477 | 2,699 | 2,482 |
| Revenue growth | +7.2% | +16.4% | +12.6% | +16.5% | +28.8% | +8.7% | - |
| Other income | 36.12 | 18.86 | 51.84 | 14.76 | 10.92 | 21.10 | 23.99 |
| Total expenses | 5,295 | 4,886 | 4,206 | 3,750 | 3,143 | 2,393 | 2,229 |
| Employee cost | 494 | 479 | 377 | 295 | 267 | 225 | 207 |
| EBITDA | 397 | 422 | 354 | 301 | 334 | 306 | 253 |
| EBITDA margin | +7.0% | +8.0% | +7.8% | +7.4% | +9.6% | +11.4% | +10.2% |
| Depreciation | 82.06 | 73.68 | 66.95 | 58.44 | 47.50 | 37.32 | 28.09 |
| Interest | 6.93 | 19.92 | 37.46 | 15.92 | 7.52 | 5.60 | 3.73 |
| Profit before tax | 344 | 348 | 301 | 241 | 290 | 285 | 245 |
| Tax | 84.50 | 87.51 | 70.14 | 62.05 | 63.25 | 85.69 | 60.28 |
| Net profit | 272 | 253 | 230 | 179 | 227 | 199 | 186 |
| Net profit margin | +4.8% | +4.8% | +5.0% | +4.4% | +6.5% | +7.4% | +7.5% |
| EPS (₹) | 5.94 | 5.97 | 5.32 | 4.15 | 5.26 | 4.63 | 4.32 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 43.68 | 43.58 | 43.44 | 43.22 | 43.15 | 43.02 | 42.83 |
| Reserves & surplus | 2,181 | 1,955 | 1,725 | 1,545 | 1,359 | 1,165 | 951 |
| Shareholders' funds (net worth) | 2,225 | 1,998 | 1,768 | 1,588 | 1,402 | 1,208 | 994 |
| Secured loans | 0.00 | 0.00 | 274 | 273 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 64.36 | 76.73 | 81.75 | 228 | 66.35 | 66.25 | 10.00 |
| Total debt | 64.36 | 76.73 | 356 | 501 | 66.35 | 66.25 | 10.00 |
| Total liabilities | 2,307 | 2,092 | 2,139 | 2,128 | 1,487 | 1,290 | 1,050 |
| Assets | |||||||
| Gross block | 965 | 803 | 711 | 667 | 567 | 466 | 344 |
| Net block | 571 | 465 | 435 | 447 | 400 | 354 | 268 |
| Capital work in progress | 8.69 | 48.67 | 36.25 | 15.82 | 16.48 | 19.55 | 66.87 |
| Investments | 1,094 | 899 | 919 | 851 | 102 | 42.25 | 44.85 |
| Inventories | 832 | 865 | 709 | 689 | 850 | 629 | 476 |
| Sundry debtors | 511 | 514 | 554 | 520 | 479 | 385 | 322 |
| Cash & bank balances | 32.02 | 30.49 | 35.63 | 24.10 | 53.88 | 281 | 112 |
| Loans & advances | 157 | 131 | 122 | 99.71 | 120 | 99.19 | 108 |
| Total current assets | 1,532 | 1,540 | 1,421 | 1,333 | 1,503 | 1,394 | 1,018 |
| Total current liabilities | 982 | 947 | 747 | 587 | 595 | 570 | 390 |
| Net working capital | 550 | 593 | 674 | 746 | 908 | 824 | 628 |
| Total assets | 2,307 | 2,092 | 2,139 | 2,128 | 1,487 | 1,290 | 1,050 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 30.07 | 35.07 | 23.65 | 53.45 | 281 | 23.41 | 84.27 |
| Net cash from operating activities | 388 | 444 | 350 | 416 | (32.90) | 222 | 139 |
| Net cash from investing activities | (299) | (77.25) | (107) | (774) | (133) | 41.21 | (110) |
| Net cash from financing activities | (88.02) | (372) | (232) | 328 | (60.89) | (5.65) | (89.80) |
| Net change in cash | 1.56 | (5.00) | 11.42 | (29.80) | (227) | 257 | (60.86) |
| Closing cash | 32.02 | 30.49 | 35.63 | 24.10 | 53.88 | 281 | 112 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +7.2% | +16.4% | +12.6% | +16.5% | +28.8% | +8.7% | - |
| EBITDA growth | -6.1% | +19.5% | +17.5% | -9.9% | +9.0% | +21.0% | - |
| PBT growth | -1.1% | +15.5% | +24.7% | -16.8% | +1.9% | +16.0% | +14.4% |
| Net income growth | +7.5% | +9.9% | +28.2% | -21.1% | +14.1% | +7.3% | - |
| Revenue CAGR (3Y) | +12.0% | +15.2% | +19.1% | +17.7% | +10.7% | +5.3% | +6.0% |
| EBITDA CAGR (3Y) | +9.7% | +8.1% | +4.9% | +5.9% | +15.1% | +17.9% | +6.7% |
| Profitability & leverage | |||||||
| Net income margin | +4.6% | +4.9% | +5.1% | +4.4% | +6.5% | +7.4% | +7.5% |
| Return on capital employed | +16.0% | +17.4% | +15.9% | +14.2% | +21.4% | +24.8% | +25.2% |
| Return on net worth | +12.3% | +13.8% | +13.8% | +12.0% | +17.4% | +18.1% | +19.6% |
| Debt / equity | 0.03 | 0.11 | 0.26 | 0.19 | 0.05 | 0.03 | 0.01 |
| Long-term debt / equity | 0.02 | 0.06 | 0.16 | 0.13 | 0.04 | 0.02 | 0.00 |
| Interest cover | 2.20 | 5.71 | 13.07 | 6.56 | 2.62 | 2.08 | 1.66 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.44 | 7.01 | 6.62 | 6.57 | 6.73 | 6.66 | 8.15 |
| Inventory turnover | 6.71 | 6.74 | 6.52 | 5.26 | 4.70 | 4.88 | 5.86 |
| Debtors turnover | 11.11 | 9.95 | 8.50 | 8.11 | 8.05 | 7.64 | 6.29 |
| EPS (₹) | 5.94 | 5.97 | 5.32 | 4.15 | 5.26 | 4.63 | 4.32 |
| Dividend per share (₹) | 1.50 | 1.50 | 1.40 | 1.30 | 1.30 | 1.20 | 0.90 |
| Book value per share (₹) | 50.93 | 45.85 | 40.70 | 36.74 | 32.50 | 28.08 | 23.20 |
Investments & Acquisitions by V-Guard Industries
V-Guard Industries has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Global Manufacturers and Sunflame.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Manufacturer of home and kitchen appliances | sunflame.com | Delhi, India | 2010 | Dec 2022 | $82.52M | |
Companies from diverse sectors are listed on a horizontal platform. | gmdu.net | Los Angeles, United States | 2008 | Aug 2017 | •••• |
Complete acquisition details for V-Guard Industries
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Timeline of V-Guard Industries
5 dated milestones of V-Guard Industries across 45 years, from founding to its latest funding, stage changes and deals.
- Founded V-Guard Industries is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round.
- Acquisition Acquires Global Manufacturers.
- Acquisition Acquires Sunflame.
Web traffic of V-Guard Industries
The website of V-Guard Industries (vguard.in) receives about 603.7K visits a month and ranks #31,683 among all websites worldwide, #3,961 in Computers Electronics and Technology.
- Monthly visits603.7K
▼ 20.1% vs previous month
- Unique visitors221.5K
per month
- Global rank#31,683
among all websites
- Category rank#3,961
Computers Electronics and Technology
- Bounce rate26%
- Pages per visit26.4
- Average visit14 min 28 sec
- DevicesDesktop 36% · Mobile 64%
Websites whose visitors overlap most with V-Guard Industries. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| havells.com | 100% | 1.6M | #33,910 | View details | |
| bajajelectricals.com | 84% | 541.4K | #111,679 | View details | |
| facebook.com | 70% | 12.1B | #3 | View details | |
| reddit.com | 70% | 4.4B | #9 | View details | |
ilovepdf.com | ilovepdf.com | 69% | #124 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 38 similar websites and full traffic analytics for V-Guard Industries
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Related news about V-Guard Industries
Complete news archive for V-Guard Industries
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Articles about V-Guard Industries on our blog
- Funding in Indian Startups [18 Jan – 23 Jan]25 Jan 2021
Frequently Asked Questions about V-Guard Industries
V-Guard Industries was founded in 1977 and raised its 1st funding round 37 years after it was founded.
V-Guard Industries is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
Gangesh Shukla is the CEO of V-Guard Industries, as recorded in our data.
V-Guard Industries has 7,180 employees.
The primary company behind V-Guard Industries, V Guard Industries Limited, reported revenue of ₹5,989 Cr for FY 2026, up 7% year on year.
V-Guard Industries was founded in 1977 in Kochi, India, as a manufacturer of electrical home appliances. Products such as voltage stabilizers, pumps, water heaters, cables, UPS systems, and ceiling fans are produced. A network of 83 distributors, 75 service centers, and 7000 retailers is operated nationwide. Electricity is also generated, with 13 lakh units produced annually and supplied to the state grid. Sales occur through retail channels.
V-Guard Industries offers Voltage Stabilizers and Inverters and Batteries.
Yes, V-Guard Industries is publicly traded on NSE under the ticker symbol VGUARD.
V-Guard Industries has made 2 acquisitions, including Global Manufacturers, and Sunflame.
V-Guard Industries has 1 investor. Key investors include MCap Fund Advisors.
V-Guard Industries operates through V Guard Industries Limited.
The legal entities of V-Guard Industries currently have 10 directors, including Ramachandran, Kasturi Sudarshan, Mithun Chittilappilly and others.

