V-Guard Industries surpassed estimations in Q4, thanks to a strong expansion across its segments. The company's COO, Ramachandran Venkataraman, attributes this recovery to several demand catalysts. [ET Now]
V-Guard Industries Limited
VGUARDPrice History
Recent Discussions
V-Guard Industries has been ordered by customs to pay a penalty of approximately 6.8 crore rupees for incorrectly classifying imported goods, which also includes interest. They have the option to reduce this penalty by 25%, and the review of these imports dates back to May 2020.
V-Guard Industries shares experienced a 2.2% dip, closing at Rs 360.95 after a Rs 8.25 drop. Despite the recent decline in one year, the company still boasts a 33% increase over three years.
The MD of V-Guard has highlighted challenges in West Asia, as unpredictable market conditions are driving up costs and disrupting supply chains. This could potentially impact the company's operations and product availability.
V Guard Industries reports a 14.1% increase in Q4 revenues, indicating steady growth. The company aims for a significant 10-12% expansion in product volumes by the financial year 2026-2027.
V-Guard's Q4 revenue has increased by 14%, reaching INR 17.55 billion compared to the same quarter last year.
V-Guard Industries reported a 23% year-over-year increase in Q4 net profit, reaching ₹112 crore, while revenue grew by 14% to ₹1,755.3 crore. The company's EBITDA increased by 19.4%, and margins improved significantly to 9.7%.
V-Guard Industries has declared a final dividend of INR 1.50 per share for the fiscal year 2025-26, subject to approval at their Annual General Meeting on August 11. The company also allocated 87,239 equity shares under ESOS and reappointed auditors for the upcoming fiscal year 2026-27.
V-Guard has scheduled a board meeting on May 12, 2026, to review and announce the financial results for Q4 and FY2026. Additionally, they have announced the final dividend recommendation for FY25-26 and will be closing the trading window during this period.
V-Guard, an Indian electrical appliances manufacturer, has received a GST show cause notice regarding allegedly excessive input tax credit claims totaling Rs 177.6 crore for the years FY20-FY224. The exact amount of potential interest and penalties isn't specified yet, but V-Guard plans to examine the notice and contest it accordingly.
V-Guard Industries has been slapped with a duty of approximately INR 162 crores due to misclassification issues, as announced by Customs. Additionally, they face a penalty worth over INR 212 crores, and imports from September 2019 to June 2024 are currently under review.
V-Guard, an electronics company, was notified of a significant GST shortfall amounting to INR 17.8 crore in their FY 2020-24 audit report. The potential interest and penalty fees are yet to be determined, but the company intends to contest these findings.
V-Guard Industries has been upgraded to an 'AA' credit rating by ICRA, indicating strong financial stability. This change applies to their working capital facilities worth INR 820 crores, signaling a positive outlook for the company's future prospects.