How has V-Guard Industries Limited (VGUARD) been performing? We dig into revenue, profitability, valuation, and ownership trends.
V-Guard Industries Revenue Trend
For FY2025, V-Guard Industries Limited recorded revenue of ₹5,599 Cr. That's 14.5% higher than the ₹4,891 Cr it brought in during FY2024.
The 10-year revenue CAGR of 12.4% is a good number — V-Guard Industries Limited's top line has expanded meaningfully from ₹1,746 Cr to ₹5,599 Cr.
V-Guard Industries Limited is a mid-sized electrical equipment company by revenue, with a top line of ₹5,599 Cr.
V-Guard Industries Limited has posted revenue growth for 5 consecutive years — that's a sustained trend, not a one-off.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹5,599 Cr | +14.5% |
| FY2024 | ₹4,891 Cr | +18.1% |
| FY2023 | ₹4,142 Cr | +18.0% |
| FY2022 | ₹3,511 Cr | +28.0% |
| FY2021 | ₹2,742 Cr | — |
View V-Guard Industries Limited's full 10-year revenue trend with CAGR analysis →
V-Guard Industries Profitability
V-Guard Industries Limited delivered net profit of ₹314 Cr in FY2025, a solid 21.8% jump from ₹258 Cr in FY2024.
Not much change on the margin front — net profit margin held at roughly 5.6% in FY2025.
On an EPS basis, the company earned ₹7.14 (diluted) in FY2025 versus ₹5.88 in FY2024.
Is V-Guard Industries Undervalued
Using the P/E Ratio methodology, the calculated intrinsic value comes to ₹377.
V-Guard Industries Limited shares are currently trading at ₹300.70.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹377 | 25.3% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for V-Guard Industries Limited with detailed assumptions →
V-Guard Industries Shareholding Pattern
The promoter group reduced its holding to 53.2% from 54.3%.
Foreign institutional investors (FIIs) held 12.1% as of March 2026, down from 12.6% a year ago.
DII ownership is at 23.4%, up from the 21.6% recorded a year ago.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 53.2% | 12.1% | 23.4% | 11.3% |
| Dec 2025 | 53.3% | 12.1% | 23.3% | 11.3% |
| Sep 2025 | 53.3% | 12.4% | 22.9% | 11.4% |
| Jun 2025 | 54.3% | 12.6% | 21.6% | 11.6% |
Track quarterly shareholding changes for V-Guard Industries Limited →
V-Guard Industries Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2025 total assets: ₹33.38B (up 5.6% YoY from ₹31.61B).
Top categories: Inventories (29.9%), Intangibles & Goodwill (21.1%), Property, Plant & Equipment (17.3%).
Of the ₹33.38B in liabilities and equity, 62.8% is shareholder equity, 4.0% is interest-bearing debt, and 33.2% is operating liabilities. Over the year, debt is down 66.7% and equity is up 15.6%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 601.20M |
| Receivables | 5.42B |
| Inventories | 9.97B |
| Property, Plant & Equipment | 5.78B |
| Investments | 706.00M |
| Intangibles & Goodwill | 7.04B |
| Other Assets | 3.86B |
| Category | Value |
|---|---|
| Equity | 20.98B |
| Short-term Debt | 351.70M |
| Long-term Debt | 983.50M |
| Trade Payables | 6.57B |
| Other Liabilities | 4.50B |
V-Guard Industries Key Takeaways
What should investors take away from V-Guard Industries Limited's (VGUARD) latest numbers? Here's the summary.
Revenue of ₹5,599 Cr in FY2025, up 14.5% year-over-year.
Long-term revenue has been compounding at 12.4% annually over 10 years.
The company is profitable, with a net margin of 5.6% and net income of ₹314 Cr.
The P/E Ratio model implies 25.3% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Get the complete view of V-Guard Industries Limited on Craytheon — 10 years of financials, three valuation models, and institutional holding trends.