V-guard Industries Limited · NSE:VGUARD
V-guard Industries — Q1 FY27 Earnings Presentation
16 slides from V-guard Industries's earnings presentation, 2026
Slide 1: V-Guard Industries Q1 FY27 Earnings Presentation
V-Guard Industries Q1 FY27 Earnings Presentation
Slide 2: 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 3: 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 4: 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 5: 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 6: 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 7: 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 8: 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 9: 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 10: 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 11: 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 12: UARD
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Slide 13: 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 14: 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 15: 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 16: Thank You
THANK YOU