V-Guard Industries Limited (VGUARD) AI Stock Analysis

• Market Cap: ₹161.76B
• Dividend Yield: 0.41%
• Average Volume (3M): 90.18K
• Price to Earnings (P/E): 56.0
• Beta (1Y): 0.92
• Revenue Growth: 8.75%
• EPS Growth: -1.44%
• Country: IN
• Employees: 3,006
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Electrical Equipment & Parts
• EPS (TTM): 1.70
• Shares Outstanding: 435,998,780
• 10 Day Avg. Volume: 247,371
• 30 Day Avg. Volume: 90,180
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹393.00
• Price Target Upside: 7.11% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 64 Neutral
• Price Target: ₹393.00 ▲(7.11% Upside)

V-Guard Industries' strong financial performance is the most significant factor, supported by solid revenue and profit growth, and a strong balance sheet. However, the high P/E ratio suggests potential overvaluation, and technical indicators present a cautious outlook. The absence of earnings call data and corporate events limits additional insights.

V-Guard Industries Limited Business Overview & Revenue Model

Company Description

V-Guard Industries Limited manufactures, sells, and trades in electric and electronic goods in India and internationally. It operates through Electronics, Electrical, and Consumer Durables segments. The company offers a range of products, including voltage stabilizers, digital UPS, inverters and inverter batteries, electric water heaters, solar water heaters, wiring and industrial cables, fans, mixer grinders, induction and gas cooktops, gas stoves, rice cookers, grill king, toasters, kettles, chimneys, sandwich maker, kitchen hoods, water purifier, domestic pumps, agricultural pumps, electric and industrial motors, domestic switch gears, distribution boards, and modular switches, as well as solar power systems and air coolers. It sells its products through distributors, dealers, sellers, and service centers. The company was founded in 1977 and is based in Kochi, India.

How the Company Makes Money

V-Guard Industries Limited generates revenue primarily through the sale of its diverse product portfolio, which spans multiple categories such as power and electrical solutions, consumer durables, and electronics. The company's revenue streams are driven by its wide distribution network across India, which includes dealers, distributors, and retailers. V-Guard's strategic partnerships with suppliers and a focus on R&D contribute to the innovation and quality of its products, enhancing customer satisfaction and brand loyalty. Furthermore, the company's marketing initiatives and after-sales service play a crucial role in maintaining its competitive edge, thereby boosting sales and profitability.

V-Guard Industries Limited Financial Statement Overview

Summary

V-Guard Industries demonstrates a strong financial performance with significant revenue and profit growth. The company's balance sheet is solid with low leverage and efficient equity utilization. Cash flow generation is robust, though there is potential for further improvement in cash flow efficiency. Overall, the financial health of V-Guard Industries is positive with a strong growth trajectory.

Income Statement

V-Guard Industries shows strong revenue growth with a 14.85% increase from 2024 to 2025. Gross profit margin improved to 36.26%, indicating efficient cost management. Net profit margin increased to 5.62%, and EBIT margin rose to 26.95%, reflecting enhanced profitability. However, EBITDA margin decreased to 9.20%, suggesting potential increases in operating expenses.

Balance Sheet

The company maintains a solid financial position with a low debt-to-equity ratio of 0.064, indicating low leverage. ROE improved to 14.95%, showing efficient use of equity. The equity ratio is stable at 62.85%, implying a strong equity base. However, a slight increase in total liabilities warrants monitoring.

Cash Flow

Free cash flow grew by 34.68%, reflecting strong cash generation. The operating cash flow to net income ratio of 1.52 indicates robust cash conversion. However, free cash flow to net income ratio of 1.14 suggests room for improvement in cash flow generation relative to net income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	55.77B	55.78B	48.57B	41.26B	35.00B	26.99B
Gross Profit	17.09B	20.22B	15.53B	12.42B	9.85B	8.20B
EBITDA	5.27B	5.13B	4.60B	3.36B	3.50B	3.33B
Net Income	3.14B	3.14B	2.58B	1.89B	2.28B	2.01B
Balance Sheet
Total Assets	33.38B	33.38B	31.61B	29.07B	20.97B	18.75B
Cash, Cash Equivalents and Short-Term Investments	746.40M	746.40M	876.70M	733.76M	642.18M	2.81B
Total Debt	1.34B	1.34B	4.01B	5.03B	683.52M	692.68M
Total Liabilities	12.40B	12.40B	13.47B	12.99B	6.84B	6.59B
Stockholders Equity	20.98B	20.98B	18.14B	16.08B	14.07B	12.11B
Cash Flow
Free Cash Flow	0.00	3.56B	2.65B	3.21B	-1.63B	1.57B
Operating Cash Flow	0.00	4.77B	3.93B	4.24B	-387.07M	2.22B
Investing Cash Flow	0.00	-969.20M	-1.53B	-7.71B	-1.20B	409.23M
Financing Cash Flow	0.00	-3.78B	-2.32B	3.26B	-614.81M	-57.37M

V-Guard Industries Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 366.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VGUARD, the sentiment is Negative. The current price of 366.9 is below the 20-day moving average (MA) of 368.44, below the 50-day MA of 372.44, and below the 200-day MA of 373.87, indicating a bearish trend. The MACD of -0.24 indicates Negative momentum. The RSI at 47.08 is Neutral, neither overbought nor oversold. The STOCH value of 32.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:VGUARD.

V-Guard Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JYOTHYLAB	68 Neutral	₹114.09B	31.22	18.07%	1.12%	1.59%	-2.52%
TRIDENT	68 Neutral	₹146.15B	33.10	8.00%	1.74%	-1.51%	31.81%
WHIRLPOOL	65 Neutral	₹156.31B	43.31	9.09%	0.41%	7.78%	26.20%
VGUARD	64 Neutral	₹161.76B	56.00	―	0.41%	8.75%	-1.44%
BAJAJELEC	61 Neutral	₹62.67B	58.98	7.71%	0.55%	1.15%	-13.12%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

V-Guard Industries Limited Corporate Events

V-Guard Industries Appoints New Business Head for Switches & Switchgears

V-Guard Industries Limited has appointed Mr. Manoj Panditrao Dalal as the Business Head for Switches & Switchgears, effective September 9, 2025. Mr. Dalal brings 32 years of experience in sales and marketing, having worked with prominent brands like GM Modular and Anchor by Panasonic. His expertise in revenue growth and market expansion is expected to enhance V-Guard’s strategic positioning in the market.