{"id":169551,"date":"2025-07-30T07:59:39","date_gmt":"2025-07-30T11:59:39","guid":{"rendered":"https:\/\/44.250.171.167\/?p=169551"},"modified":"2025-07-30T07:59:39","modified_gmt":"2025-07-30T11:59:39","slug":"v-guard-industries-ltd-q1-fy26-earnings-results-25-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/v-guard-industries-ltd-q1-fy26-earnings-results-25-fall-in-profits\/","title":{"rendered":"V-Guard Industries Ltd Q1 FY26 Earnings Results &#8211; 25% fall in Profits"},"content":{"rendered":"<p>Founded in 1977, V-Guard Industries Ltd. (\u2018V-Guard\u2019) is a reputed Indian company manufacturing innovative and experiential products in the categories of Electronics, Electricals and Consumer Durables. It has grown from being a brand synonymous with voltage stabilizers across South India, to a brand offering a wide array of thoughtfully engineered products to consumers across the length and breadth of the country. Underpinned by its continuous quest to enrich consumer lives and power a stronger tomorrow.<\/p>\n<h2 id=\"q1-fy26-earnings-summary-aprjun-2025\" class=\"mb-2 mt-6 text-base font-[500] first:mt-0 md:text-lg dark:font-[475] [hr+&amp;]:mt-4\">Q1 FY26 Earnings Summary (Apr\u2013Jun 2025)<\/h2>\n<ul class=\"marker:text-textOff list-disc\">\n<li>\n<p class=\"my-0\"><strong>Consolidated Net Revenue:<\/strong>\u00a0\u20b91,466.08 crore, down 0.7% YoY from \u20b91,477.10 crore in Q1 FY25.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Cost of Goods Sold (COGS):<\/strong>\u00a0\u20b9925.41 crore.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Gross Margin:<\/strong>\u00a036.9%.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>EBITDA (excluding other income):<\/strong>\u00a0\u20b9123.59 crore, 8.4% margin.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Other Income:<\/strong>\u00a0\u20b95.25 crore.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>EBITDA after other income:<\/strong>\u00a0\u20b9128.84 crore, 8.8% margin.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Profit Before Tax (PBT):<\/strong>\u00a0\u20b998.26 crore, 6.7% margin.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Profit After Tax (PAT):<\/strong>\u00a0\u20b973.85 crore, down 25.4% YoY from \u20b998.97 crore in Q1 FY25.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>PAT Margin:<\/strong>\u00a05.0%.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Total Expenses:<\/strong>\u00a0Increased marginally by 1.6% to \u20b91,373.07 crore.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Business Segments:<\/strong>\u00a0Electronics and electricals segments showed moderate growth, while the durables segment declined due to weak demand for summer categories.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Sales:<\/strong>\u00a0Affected by a subdued summer season and a high base in the previous year.<\/p>\n<\/li>\n<\/ul>\n<h3 id=\"key-management-commentary--strategic-highlights\" class=\"mb-2 mt-6 text-base font-[500] first:mt-0 md:text-lg dark:font-[475] [hr+&amp;]:mt-4\">Key Management Commentary &amp; Strategic Highlights<\/h3>\n<ul class=\"marker:text-textOff list-disc\">\n<li>\n<p class=\"my-0\">Managing Director Mithun K. Chittilappilly stated that the subdued topline growth in <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/82841d7c-5c24-4bff-9e9a-8a175ddee38d.pdf\" target=\"_blank\" rel=\"noopener\">Q1 FY26<\/a> was primarily due to a weak summer season and last year&#8217;s strong base effect.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\">Electronics and electrical segments witnessed moderate growth, but the durables segment faced demand softness, mainly for summer-related products.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/82841d7c-5c24-4bff-9e9a-8a175ddee38d.pdf\" target=\"_blank\" rel=\"noopener\">Gross margins remained healthy<\/a> despite the revenue pressures.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\">The company plans to normalize demand in the coming quarters and will continue investing in brand building and capacity enhancement.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\">Actions have been initiated to merge Sunflame operations with V-Guard to fast-track synergy realization. The Sunflame acquisition from FY23 is expected to create operational efficiencies.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\">Overall focus on sustaining operational efficiencies and driving growth through portfolio and capacity expansion.<\/p>\n<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-169554\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-3-839x1024.png\" alt=\"\" width=\"640\" height=\"781\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-3-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-3-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-3-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-3-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-3.png 1489w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2 id=\"q4-fy25-earnings-summary-janmar-2025\" class=\"mb-2 mt-6 text-base font-[500] first:mt-0 md:text-lg dark:font-[475] [hr+&amp;]:mt-4\">Q4 FY25 Earnings Summary (Jan\u2013Mar 2025)<\/h2>\n<ul class=\"marker:text-textOff list-disc\">\n<li>\n<p class=\"my-0\"><strong>Consolidated Net Revenue:<\/strong>\u00a0\u20b91,538.08 crore, up 14.5% YoY.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Profit After Tax (PAT):<\/strong>\u00a0\u20b991.13 crore, up 44.5% YoY.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>EBITDA:<\/strong>\u00a0\u20b9134.36 crore.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Earnings Per Share (EPS):<\/strong>\u00a0Around \u20b91.7 for the quarter.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Expenses:<\/strong>\u00a0Rose 16.5% YoY.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\">The quarter showed robust revenue growth aided by better consumer demand, especially in electricals and electronics categories.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\">Profit growth driven by improved operational efficiencies and cost control.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\">The management highlighted a positive business environment supporting growth and profitability improvements.<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Founded in 1977, V-Guard Industries Ltd. (\u2018V-Guard\u2019) is a reputed Indian company manufacturing innovative and experiential products in the categories of Electronics, Electricals and Consumer Durables. It has grown from being a brand synonymous with voltage stabilizers across South India, to a brand offering a wide array of thoughtfully engineered products to consumers across the [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":169554,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,6351],"tags":[10512,13786],"class_list":["post-169551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-consumer-stocks","tag-consumer-durables","tag-stabilizers"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-3.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":160093,"url":"https:\/\/alphastreet.com\/india\/v-guard-industries-ltd-q3fy24-31-rise-in-profits\/","url_meta":{"origin":169551,"position":0},"title":"V-Guard Industries Ltd Q3FY24; 31% rise in Profits","author":"Chirag Gupta","date":"March 21, 2024","format":false,"excerpt":"Founded in 1977, V-Guard Industries Ltd. (\u2018V-Guard\u2019) is a reputed Indian company manufacturing innovative and experiential products in the categories of Electronics, Electricals and Consumer Durables. 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(\u2018V-Guard\u2019) is a reputed Indian company manufacturing innovative and experiential products in the categories of Electronics, Electricals and Consumer Durables. It has grown from being a brand synonymous with voltage stabilizers across South India, to a brand offering a wide array of thoughtfully engineered\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"V Guard Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/V-Guard-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/V-Guard-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/V-Guard-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/V-Guard-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/V-Guard-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/V-Guard-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":147586,"url":"https:\/\/alphastreet.com\/india\/v-guard-industries-ltd-q4fy23-results-out-revenue-grows-by-3\/","url_meta":{"origin":169551,"position":2},"title":"V-Guard Industries Ltd Q4FY23 results out, revenue grows by 3%","author":"Chirag Gupta","date":"May 30, 2023","format":false,"excerpt":"Founded in 1977, V-Guard Industries Ltd. 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(\u2018V-Guard\u2019) is a reputed Indian company manufacturing innovative and experiential products in the categories of Electronics, Electricals and Consumer Durables. 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(\u2018V-Guard\u2019) is a reputed Indian company manufacturing innovative and experiential products in the categories of Electronics, Electricals and Consumer Durables. 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(\u2018V-Guard\u2019) is a reputed Indian company manufacturing innovative and experiential products in the categories of Electronics, Electricals and Consumer Durables. 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