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V-Guard Industries Limited share price

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 cei…Read more

WebsiteNSEहिंदी मेंBSE

Consumer DurablesElectrical Equipment & PartsNifty Microcap 250NSE: VGUARDISIN INE951I01027
16 Oct 2026, 3:29 PM IST₹287.60▼ 0.40 (0.14%)
  • Market Cap₹ 12,565 Cr.
  • Current Price₹ 287.60
  • High / Low₹ 384 / 285
  • Stock P/E34.7
  • Book Value₹ 54
  • Dividend Yield0.52 %
  • ROCE16.0 %
  • ROE13.80 %
  • Face Value₹ 1.0
More figures (10)
  • EPS (TTM)₹ 8.29
  • Price / Book5.29
  • OPM7.1 %
  • Debt / Equity0.07
  • Sales growth (5Y)17.0 %
  • Profit growth (5Y)8.8 %
  • Promoter holding55.4 %
  • EV / EBITDA22.5
  • Beta0.02
  • All-time high₹ 577

Price chart

Returns1M3M6MYTD1Y3Y CAGR5Y CAGR
VGUARD-12.09%-4.52%-11.58%-12.32%-20.11%-1.51%+1.90%
Nifty 50-0.31%-3.85%-4.34%-11.42%-9.53%+5.46%+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

  • V-Guard Industries Limited is in the Electrical Equipment & Parts industry (Industrials), with a market value of ₹12,565 crore.
  • It trades at 34.7 times its last 12 months' earnings and 5.3 times book value.
  • Revenue grew 17.0% a year over the last 5 years, profit 8.8% a year.
  • Return on equity was 13.8% and return on capital employed 16.0% in the latest year.
  • Debt was 0.07 times shareholders' equity.
  • The share price is 25.1% below its 52-week high and down 20.1% over one year.
  • Promoters and insiders hold about 55.4%; institutions about 31.2%.

Pros

  • Company is almost debt-free (debt is 0.07 times equity).
  • Sales have grown 17.0% a year over the last 5 years.
  • Latest quarter (Jun 2026): sales up 24% and profit up 76% from a year ago.
  • Healthy return on equity of 15.0% on average over the last 3 years.
  • Trades at 34.7 times earnings, below its 3-year median of 55.2.

Cons

No standout weaknesses in the reported figures.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About V-Guard Industries Limited

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 pum…

Employees
3,219
Head office
Kochi
NSE industry
Consumer Durables

Peer comparison

IndustrialsConsumer DurablesElectrical Equipment & Parts

Part ofNifty Microcap 250

S.No.CompanyCMP ₹P/EMar Cap ₹ CrDiv Yld %NP Qtr ₹ CrQtr Profit Var %Sales Qtr ₹ CrQtr Sales Var %ROCE %
1.V-Guard Industries287.6034.712,5650.5213076.371,81123.5016.0
2.CG Power and Industrial Solutions846.00106.71,33,2850.1631315.093,28119.1819.3
3.Hitachi Energy India28,990.00112.31,29,2150.0329459.962,44132.6524.9
4.Polycab India8,219.0039.21,23,8070.577847.948,21017.5230.4
5.Havells India1,121.0043.570,3501.08290-43.926,518-0.3922.1
6.APAR Industries16,033.0054.667,1340.3546786.996,56726.5626.7
7.KEI Industries4,482.3043.042,8710.1027421.013,1859.2818.7
8.Honeywell Automation India32,095.0051.528,3960.341517.721,2048.0715.7
9.Schneider Electric Infrastructure1,157.50150.527,6760.0012-69.846514.7824.8
10.R R Kabel2,388.0044.527,0100.4220558.913,16842.8526.5
Median: 29 Co.3,435.1541.112,5650.3428218.053,17718.3523.5

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ CrJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
1,2151,1341,1651,3431,4771,2941,2691,5381,4661,3411,4041,7551,811
1,1101,0411,0641,2151,3211,1841,1651,3951,3421,2321,2801,5851,620
Operating Profit10592102128156110104143124109123171191
OPM %9%8%9%10%11%9%8%9%8%8%9%10%11%
1214357455556812
Interest119910986342333
Depreciation20201922222225272627272828
Profit before tax8678761011328579118988577147172
25%24%24%24%25%25%24%23%25%23%26%24%24%
6459587699636091746557112130
EPS in Rs1.481.351.331.742.261.451.382.081.691.491.302.562.97
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ CrMar 2017Mar 2018Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
2,3352,3352,5032,7213,4984,1264,8575,5785,9666,310
2,1452,1452,2452,4093,1603,8064,4305,0655,4395,716
Operating Profit190190258312338320427513527594
OPM %8%8%10%11%10%8%9%9%9%9%
11112521131634212430
Interest224681640251211
Depreciation2020293949648196108109
Profit before tax180180250288294256340414408482
25%25%25%30%22%26%24%24%24%24%
135135188202228189258314308365
EPS in Rs3.163.164.384.685.294.385.897.177.038.32
Dividend Payout %30%22%19%21%

Compounded Sales Growth

5 Years:
17%
3 Years:
13%
TTM:
13%

Compounded Profit Growth

5 Years:
9%
3 Years:
18%
TTM:
26%

Stock Price CAGR

5 Years:
2%
3 Years:
-2%
1 Year:
-20%

Return on Equity

4 Years:
14%
Last Year:
14%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital43434444
Reserves1,5641,7712,0542,329
503401134165
7969461,1071,175
Total Liabilities2,9073,1613,3383,714
590669719853
CWIP24254920
2,2932,4672,5712,841
Total Assets2,9073,1613,3383,714

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
424393477459
-771-153-97-364
326-232-378-98
Net Cash Flow-2183-3
Free Cash Flow321265356279

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

RatioMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE—11.8%15.1%16.0%13.8%
ROCE—13.0%17.6%18.9%16.0%
Operating margin—6.3%7.3%7.6%7.1%
Net margin—4.6%5.3%5.7%5.2%
Debt / equity—0.310.220.060.07
Current ratio—1.841.631.711.80
Debtor days—50453633
Inventory days—95899995
Days payable—60616569
Cash conversion cycle—85737059
Working capital days—61484854

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

  • Promoters 53.21%
  • FIIs 13.02%
  • DIIs 21.62%
  • Public 12.15%
%Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters54.57%54.48%54.42%54.39%54.35%54.30%54.28%53.32%53.28%53.23%53.22%53.21%
13.02%13.35%13.90%13.85%13.72%13.43%12.56%12.45%12.13%12.07%12.01%13.02%
20.45%20.17%20.16%19.88%20.25%20.62%21.61%22.86%23.33%23.39%23.24%21.62%
11.97%12.00%11.52%11.88%11.68%11.65%11.56%11.36%11.26%11.31%11.53%12.15%
No. of Shareholders1,18,2761,19,5621,15,8231,40,4171,32,0031,32,9481,33,0001,32,8411,30,2181,33,2571,33,3761,36,486

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding V-Guard Industries

Holder (above 1%)Stake
SBI SMALL CAP FUNDMutual fund6.51%
Icici Prudential Multi-Asset FundMutual fund4.81%
Kotak Small Cap FundMutual fund3.74%
Aditya Birla Sun Life Flexi Cap FundMutual fund3.63%
Canara Robeco Small Cap FundMutual fund1.70%

As named in the shareholding pattern for Sep 2026 filed with NSE; mutual funds together hold 20.96% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date
31 Jul 2026
Latest quarter
30 Jun 2026
Financial year end
31 Mar 2026

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Latest news

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about V-Guard Industries Limited

What is the share price of V-Guard Industries Limited today?
V-Guard Industries Limited (VGUARD) last traded at ₹287.60 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.
What is the market cap of V-Guard Industries Limited?
About ₹12,565 crore at the latest price.
What is the P/E ratio of V-Guard Industries Limited?
About 34.7 times its earnings over the last 12 months.
Is V-Guard Industries Limited a good investment?
We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.
How can I buy V-Guard Industries Limited shares?
You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.
Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).
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