VGUARDConsumer Durables

V-Guard Industries Limited

Household Appliances · ISIN INE951I01027 · BSE 532953 · NSE EQ · FV ₹1
Last price
₹330
+0.92%today
What this company does

V-Guard Industries Limited operates in Household Appliances, part of the Consumer Durables sector. It booked ₹1,811 cr of revenue in its latest quarter (Q1 FY27) and kept 7.2% of sales as profit. It is the 5th largest of 9 Household Appliances companies we track, by market value.

In the report:
74out of 100
Equitytale Health Score
Solid

Healthier than 74% of companies in Consumer Durables, on all six measures of filed financials. Each measure is ranked against the 25–41 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
53

At close. Not part of the score.

Profitability & returns68

How much profit it earns on the money it employs

Balance sheet83

How much it owes, and whether earnings cover the interest

Cash quality77

Whether reported profit actually arrives as cash

Growth & consistency65

Whether sales and profit have grown, and how steadily

Valuation63

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 24% vs last year
Profit up 76% vs last year
Promoters hold 53%
No promoter shares pledged
Strong 22% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
! Thin 7.2% net margin

What if I invest in VGUARD?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹330 +0.92%
latest close · 2026-09-17
1-year return
+38.0%
52-wk low ₹18152-wk high ₹350
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio27.8Average
LowAverageHigh
P/B ratio6.08High
Below bookModerateHigh
EV / EBITDA17.7High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity22.0%Strong
WeakFairStrong ▸15%
Return on capital26.7%Strong
WeakFairStrong
Net margin7.2%Decent
ThinDecentStrong
EBITDA margin11.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover56.3×Strong
RiskyOkayStrong ▸5×
Current ratio1.84Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹14,424 cr
Book value
₹54
EPS
₹2.97
latest quarter
Net debt
₹-38 cr
more cash than debt
Enterprise value
₹14,386 cr
EBITDA
₹811 cr
annualised
EBIT
₹700 cr
annualised
Operating margin
9.7%
Return on assets
14.0%
Earnings yield
3.60%
P/S
1.99
Sales / share
₹165.8
Tax rate
24.2%
Face value
₹1
Shares
43.7 cr
Working capital
₹913 cr
Current assets
₹2,002 cr
Current liabilities
₹1,090 cr
Delivery %
56.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹59₹68, midpoint ₹63

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,811 cr
Other Income₹12 cr
Total Income₹1,822 cr
Cost of Materials₹780 cr
Purchases of Stock-in-Trade₹464 cr
Inventory Change (±)₹-102 cr
Employee Benefit Expense₹165 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹28 cr
Other Expenses₹312 cr
Total Expenses₹1,650 cr
Profit before Tax₹172 cr
Tax Expense₹42 cr
Net Profit₹130 cr
Net margin on total income7.1%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹1,143 cr62.7%
Employee benefit expense₹165 cr9.1%
Finance costs₹3 cr0.2%
Depreciation & amortisation₹28 cr1.5%
Other expenses₹312 cr17.1%
Tax expense₹42 cr2.3%
Profit for the period₹130 cr7.1%
Total income ₹1,822 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,404 cr1,755 cr1,811 cr
Total income1,409 cr1,763 cr1,822 cr
Expenses1,310 cr1,616 cr1,650 cr
Profit before tax77 cr147 cr172 cr
Tax20 cr35 cr42 cr
Net profit (owners' share)57 cr112 cr130 cr
Net margin (owners' share, on revenue)4.1%6.4%7.2%
EPS (₹)1.302.562.97
YoY (latest quarter): total income +23.9% · net profit +76.4%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹3,714 cr
Shareholder equity
₹2,373 cr
parent shareholders
Total debt
₹9 cr
Cash
₹47 cr
Cash flow · H1 FY26
Operating
₹195 cr
Investing
₹-119 cr
Financing
₹-83 cr
Peer comparison
Household Appliances · by market value
CompanyPriceMarket capP/E
LG Electronics India Limited₹1,653₹1.12 L cr43.0
Voltas Limited₹1,135₹37,546 cr43.9
Blue Star Limited₹1,553₹31,930 cr77.8
Crompton Greaves Consumer Electricals Limited₹225₹14,494 cr25.8
V-Guard Industries Limitedthis company₹330₹14,424 cr27.8
Whirlpool of India Limited₹727₹9,229 cr22.4
Eureka Forbes Limited₹391₹7,568 cr33.4
TTK Prestige Limited₹544₹7,447 cr31.4
IFB Industries Limited₹1,218₹5,027 cr28.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.45%
trailing 12 months
Dividend / share (TTM)
₹1.5
Last dividend
₹1.5
ex 31 Jul 2026
ActionDetailEx-date
Dividend₹1.5 / share31 Jul 2026
Dividend₹1.5 / share31 Jul 2025
Dividend₹1.4 / share25 Jul 2024
Dividend₹1.3 / share17 Aug 2023
Dividend₹1.3 / share20 Jul 2022
Dividend₹1.2 / share28 Jul 2021
Who owns it · 2026-06-30
No pledge
Promoter
53.2%
FII / Foreign
12.0%
DII / Domestic
23.2%
Retail / others
11.5%
Promoter stake down 2.4% over the last 12 quarters.
Smart-money activity
Insider trades
SoldDEEPAK AUGUSTINE · Employee3,000 · ₹10.4 L31 Aug 26
SoldDEEPAK AUGUSTINE · Employee3,000 · ₹10.4 L31 Aug 26
SoldPRIYA SARAH CHEERAN JOSEPH · Other4.18 L · ₹13.8 cr17 Aug 26
Bulk / block deals
short · NSE143 Sep 26
short · NSE11 Sep 26
short · NSE718 Aug 26
Stake changes
SoldICICI Prudential Mutual Fund→ 4.93% · 91.83 L17 Aug 26
SoldICICI Prudential Mutual Fund→ 4.93% · 91.83 L17 Aug 26
SoldSBI Mutual Fund under its Various Schemes→ 7.01% · 12.40 L15 Jul 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 11 Aug 2026
See the official result
1
Adoption of the audited standalone and consolidated financial statements of the company for the financial year ended 31st March 2026, together with the reports of the Statutory Auditors and the Board of Directors thereon
Backed by 100% of shareholders other than promotersneeded 50%
14.98 cr votes for, 11,836 against · 0% of mutual funds and other big investors said no
2
Declaration of dividend of Rs. 1.50 per equity share for the financial year 2025-26
Backed by 100% of shareholders other than promotersneeded 50%
14.98 cr votes for, 11,842 against · 0% of mutual funds and other big investors said no
3
Re-appointment of Mr. Antony Sebastian K (DIN: 01628332) as a Director on retirement by rotation
Backed by 100% of shareholders other than promotersneeded 50%
14.97 cr votes for, 1.18 L against · 0% of mutual funds and other big investors said no
4
Ratification of the remuneration payable to M/s. BBS & Associates (FRN: 00273), Cost Accountants, Ernakulam, Cost Auditors for the financial year ending on March 31, 2027
Backed by 100% of shareholders other than promotersneeded 50%
14.98 cr votes for, 12,136 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 24 named members
owning 53.2% between them · as of 2026-06-30
Mithun Kochouseph Chittilappilly19.78%
Arun K Chittilappilly8.65%
Chittilappily Thomas Kochouseph8.41%
Anekha Chittilappilly Trust(Mithun Kochouseph Chittilappilly, Joshna Johnson Thomas-Trustees)4.88%
K Chittilappilly Trust (Kochouseph Thomas Chittilappilly,Sheela Grace Kochouseph,Mithun Kochouseph Chittilappilly,Arun K Chittilappilly,Jayaraj B , Vinod SM, Jayasree K-Trustees)4.76%
Arav Chittilappilly Trust (Kochouseph Chittilappilly, Sheela Grace Kochouseph,Arun K Chittilappilly,Priya Sarah Cheeran Joseph-Trustees)4.24%
Sheela Grace Kochouseph2.50%
Achamma Tharayil Chackono shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.