V-Guard Industries

₹291.95As of Sun 8 Nov 2026, 12:00 UTC
NSE:VGUARDIndustrials
Country India
PE (Fwd) 35.66
TSR 10Y CAGR 7.29%
Div yield 0.51%
ROE —
Electrical Equipment & Parts
Beta (5Y) 0.04
PE TTM 41.65
TSR TTM (19.02%)
Mkt cap ₹130.4B
ROIC —
SE Grade™
Value
Quality
Moat
1Y Price
Reference
₹326
11.74%
(78.40%)
Price above Reference Value
FY23
FY24
FY25
FY26
Earnings per share₹
4.35
5.88
7.14
7.01
(17.14%)
35.17%
21.43%
(1.82%)
Revenue₹B
41.27
48.57
55.78
59.66
17.91%
17.67%
14.85%
6.96%
TTM
FYE 31 Mar INR
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
FY2026
FY2027E
Trend
5Y
10Y
Peers
59.66
Revenue₹B
—
—
—
—
—
35.00
41.27
48.57
55.78
59.66
65.29
14.26%
14.26%
57
6.96
Revenue growth%
—
—
—
—
—
—
17.91
17.67
14.85
6.96
9.45
16.26
—
60
35.29
Gross margin%
—
—
—
—
—
30.16
29.23
32.90
35.12
35.29
35.26
32.90
32.90
90
7.03
Operating margin%
—
—
—
—
—
8.34
6.20
7.20
7.56
7.03
6.96
7.20
7.20
63
5.17
Net margin%
—
—
—
—
—
6.51
4.58
5.30
5.62
5.17
5.11
5.30
5.30
63
41.65
P/E ratio (avg)x
—
—
—
—
—
47.47
55.02
52.12
57.46
51.36
38.51
52.12
52.12
62
30.63
EV/EBITx
—
—
—
—
—
37.03
40.65
38.38
42.77
37.77
28.25
38.38
38.38
64
—
FCF yield (avg)%
—
—
—
—
—
—
—
—
—
—
—
—
—
83
—
FCF margin%
—
—
—
—
—
—
—
—
—
—
—
—
—
80
—
FCF / Net incomex
—
—
—
—
—
—
—
—
—
—
—
—
—
79
—
ROIC%
—
—
—
—
—
—
—
—
—
—
—
—
—
83
—
Return on equity%
—
—
—
—
—
—
—
—
—
—
—
—
—
90
—
Return on assets%
—
—
—
—
—
—
—
—
—
—
—
—
—
93
7.01
EPS₹
—
—
—
—
—
5.25
4.35
5.88
7.14
7.01
7.58
7.50%
7.50%
—
(1.81)
EPS growth%
—
—
—
—
—
—
(17.16)
35.17
21.47
(1.81)
8.18
9.83
—
80
—
Bookvalue per sh₹
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
FCF per share₹
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1.50
Dividend per sh₹
—
—
—
—
—
1.30
1.30
1.40
1.50
1.50
1.55
3.64%
3.64%
—
0.51
Div yield (avg)%
—
—
—
—
—
0.52
0.54
0.46
0.37
0.42
0.53
0.46
0.46
29
21.40
Payout ratio%
—
—
—
—
—
24.76
29.89
23.81
21.01
21.40
20.46
23.81
23.81
22
439.9
Shares (diluted)M
◇—
—
—
—
—
433.9
435.0
438.3
439.5
439.9
◌439.9
0.35%
0.35%
60
(0.09)
Buyback yield%
—
—
—
—
—
—
(0.26)
(0.76)
(0.27)
(0.09)
◌—
(0.27)
—
60
—
D/E ratiox
—
—
—
—
—
—
—
—
—
—
—
—
—
83
128.4
Enterprise value₹B
—
—
—
—
—
108.1
104.1
134.3
180.3
158.4
128.4
10.02%
10.02%
40
—
LT debt₹M
—
—
—
—
—
—
—
—
—
—
—
—
—
17
Peers (US$1.363B)
Cap (US$)
PE
1.509B
61.01x
1.202B
50.25x
1.376B
170.8x
Capital
TTM
5Y
10Y
Leveragex
—
—
—
EBIT/Intx
33.87
17.20
17.20
Own earn%
—
—
—
Sh yield%
0.42
0.19
0.19
Owners
Insiders/Inst%
51.66
32.42
Short interest%
—
SBC / revenue%
0.35
Record
10Y
Profitable years
5/5
Revenue growth years
4/4
EPS growth years
2/4
Dividend streakyrs
2
Op margin range%
6–8
$1 testx
—
Incr. ROIC%
—

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.

Growth vs revenue
Latest
Trend
4Y CAGR
Rel growth
Revenue
₹59.66B
14.26%
1.00×
Cost of revenue
₹38.61B
12.10%
0.93×
Operating expenses
₹16.86B
21.89%
1.30×
Revenue by region
No breakdown available
Reinvestment returns
n/m
Trend
Reinvestment rate
n/m
-
Return on capital
n/m
-
Spread over hurdle
n/m
-