Summary

V-Guard Industries Ltd. concluded FY26 with a strong fourth quarter, reporting a consolidated net revenue growth of 14.1% to ₹1,755.27 crore and a 23.0% increase in profit after tax to ₹112.13 crore. For the full financial year, consolidated net revenue expanded by 7.0% to ₹5,965.78 crore. While full-year consolidated PAT saw a slight decrease of 1.7% to ₹308.33 crore due to a one-time Labour Code impact, the underlying PAT grew by a healthy 3.6%. Managing Director Mr. Mithun K. Chittilappilly noted the business's robust performance in Q4, particularly in the electronics and electrical segments, highlighting the company's resilience in navigating external challenges, and expressed hope for a strong start to FY27.

Key Highlights

1. 1

   V-Guard Industries Ltd. reported a consolidated net revenue from operations of ₹1,755.27 crore for Q4 FY26, demonstrating a significant year-over-year growth of 14.1%.

2. 2

   Consolidated Profit After Tax for Q4 FY26 surged by 23.0% to ₹112.13 crore, compared to ₹91.13 crore in the corresponding period of the previous year.

3. 3

   For the full financial year ended March 31, 2026, the company's consolidated net revenue from operations reached ₹5,965.78 crore, reflecting a 7.0% growth over FY25.

4. 4

   Consolidated Profit After Tax for FY26 was ₹308.33 crore, which represented a 1.7% decline year-over-year from ₹313.72 crore, primarily due to a one-time Labour Code impact, though the underlying PAT grew by 3.6%.

5. 5

   EBITDA, excluding other income, for Q4 FY26 increased by 19.3% to ₹170.72 crore, achieving an EBITDA margin of 9.7% of net revenue.

6. 6

   The business delivered a robust performance in the last quarter, driven mainly by the electronics and electrical segments, despite significant challenges from the West Asia war.

7. 7

   Management expressed optimism for FY27, anticipating a strong start fueled by indications of a supportive summer.