V-Guard Industries Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
V-Guard reported Q1 FY27 consolidated revenue of Rs 1,810 crore, up 23.5% year-on-year, with all business segments posting double-digit growth aided by a stronger summer season and price increases passed through to customers. EBITDA excluding other income rose 54.5% to Rs 191 crore with margin at 10.5%, and consolidated PAT grew 76% to Rs 130 crore. Management said gross margin held at 36.9% despite commodity cost pressure from the West Asia conflict, attributing the stability to pricing actions, cost management and manufacturing mix.
V-Guard reported Q4 FY26 consolidated revenue of Rs 1,755 crores, up 14.1% year-on-year, with growth across Electronics, Electrical and Consumer Durables segments. EBITDA for the quarter grew 19.3% to Rs 171 crores and consolidated PAT rose 23% to Rs 112 crores, while full-year PAT declined 1.7% due to an exceptional charge in Q3. Management discussed input cost inflation linked to the West Asia conflict, ongoing price hikes across categories, and progress on the Sunflame integration.