V-guard Industries Limited · NSE:VGUARD
V-guard Industries — Q1 FY27 Earnings Presentation
17 slides from V-guard Industries's earnings presentation, Jul 29, 2026
Slide 1: Exchange filing cover letter for investor presentation
July 29, 2026 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, G Block, Bandra-Kurla Complex, Mumbai- 400 001 Bandra-East, Mumbai- 400 051 Scrip Co
Slide 2: V-Guard Industries Q1 FY27 Earnings Presentation
V-Guard Industries Q1 FY27 Earnings Presentation
Slide 3: Disclaimer
2 Disclaimer Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those
Slide 4: Table of Contents
3 Table of Contents MD’s Message 04 Key Highlights 05 Financial Highlights 06-09 Segment-wise/Geographical Breakup of Revenues 10-11 Annexure 12-14
Slide 5: Managing Director's Message
4 Managing Director’s Commenting on the performance for Q1 FY27, Mr. Mithun Chittilappilly, Managing Director – V-Guard Message Industries Limited said, “The business has commenced FY27 by delivering a strong performance in the first quarter, with all segments reporting double-digit growth. Despite
Slide 6: Key Highlights – Q1 FY27
Key Highlights – Q1 FY27 5 • Q1 FY27 revenue increased by 23.5% YoY to Rs. 1,810.65 crore Revenue increased by • South markets witnessed a YoY growth of 36.7% whereas Non-South markets grew by 12% in Q1 FY27 23.5% YoY in Q1 FY27 • Non-South markets contributed to 48.5% of total revenues in Q1 FY27 a
Slide 7: P&L Snapshot (including Sunflame)
6 P&L Snapshot (including Sunflame) P&L Statement Q1 FY27 Q1 FY26 Change Q4 FY26 FY26 FY25 Change Particulars (Rs. Cr) (Rs. Cr) % (Rs. Cr) (Rs. Cr) (Rs. Cr) % Net Revenue (NR) 1,810.65 1,466.08 23.5% 1,755.27 5,965.78 5,577.82 7.0% COGS 1,142.82 925.41 23.5% 1,135.68 3,797.40 3,555.75 6.8% Gross Mar
Slide 8: P&L Snapshot (excluding Sunflame)
7 P&L Snapshot (excluding Sunflame) P&L Statement Q1 FY27 Q1 FY26 Change Q4 FY26 FY26 FY25 Change Particulars (Rs. Cr) (Rs. Cr) % (Rs. Cr) (Rs. Cr) (Rs. Cr) % Net Revenue (NR) 1,745.28 1,410.57 23.7% 1,695.79 5,716.17 5,323.44 7.4% COGS 1,101.32 892.42 23.4% 1,100.39 3,648.88 3,396.51 7.4% Gross Mar
Slide 9: Financial Highlights (Q1 FY27 vs. Q1 FY26)
8 Financial Highlights (Q1 FY27 vs. Q1 FY26) Net Revenue (Rs. crore) Gross Profit (Rs. crore) 1,811 1,466 668 541 Key ratios (%) Q1 FY27 Q1 FY26 Gross Margin 36.9% 36.9% 23.5% 23.5% EBITDA Margin (excl. other income) 10.5% 8.4% Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Profit after Tax Margin 7.2% 5.0% Ad & P
Slide 10: Financial Highlights – Balance Sheet Perspective
Financial Highlights – Balance Sheet Perspective 9 Balance Sheet Snapshot (Rs. Cr) 30 June 2026 31 March 2026 30 June 2025 Net Worth 2,509.90 2,373.05 2,182.20 Gross Debt 7.83 8.84 10.59 Current Investments 575.85 180.70 60.26 Cash & Cash Equivalents (inc. bank balance) 101.56 59.30 105.65 Net Cash
Slide 11: Segment-wise Breakup – Q1 FY27 vs. Q1 FY26
10 Segment-wise Breakup – Q1 FY27 vs. Q1 FY26 Q1 FY27 Q1 FY26 YoY growth Segment Revenue Contribution (%) Contribution (%) (Rs. Cr) (Rs. Cr) (%) Electronics 658.46 36.4% 536.29 36.6% 22.8% Electricals 670.12 37.0% 524.70 35.8% 27.7% Consumer Durables 416.71 23.0% 349.58 23.8% 19.2% Sunflame 65.69 3.
Slide 12: Geographical Breakup of Revenues
11 Geographical Breakup of Revenues Q1 FY27 Q1 FY26 YoY growth Region Contribution (%) Contribution (%) (Rs. Cr) (Rs. Cr) (%) South 932.31 51.5% 681.87 46.5% 36.7% Non-South 878.34 48.5% 784.21 53.5% 12.0% Total Revenue 1,810.65 100% 1,466.08 100% 23.5% Based on Consolidated Financials
Slide 13: UARD
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Slide 14: Market Overview of V-Guard's Product Portfolio
13 Market Overview of V-Guard’s Product Portfolio Total Market Size Indicative Org. Industry Growth VG Share in Electronics Product Other Key Players (Rs. Crs.) Market Size (%) Rate (%) Org. Market (%) Microtek, Everest, Stabilizers 1,600-2,000 65-70% 4-6% 40-45% Premier Exide, Luminous, DUPS & Batt
Slide 15: Market Overview of V-Guard's Product Portfolio
14 Market Overview of V-Guard’s Product Portfolio Total Market Size Indicative Org. Industry Growth VG Share in Appliances Product Other Key Players (Rs. Crs.) Market Size (%) Rate (%) Org. Market (%) Water Heaters 3,000-4,000 80-85% 8-10% 14-16% Bajaj, Havells, Crompton, Racold Electric Fans 12,000
Slide 16: About V-Guard Industries
15 About V-Guard Industries V-Guard Industries Limited (BSE:532953, NSE: VGUARD) is a Kochi based company, founded in 1977 by Kochouseph Chittilappilly to manufacture and market Voltage stabilizers. The Company has since then established a strong brand name and aggressively diversified to become a m
Slide 17: Thank You
THANK YOU