V-Guard Industries announced robust financial results for the first quarter of FY27 (ending June 30, 2026). The company reported a consolidated net revenue of ₹1,810.65 crore, marking a significant 23.5% year-on-year growth. This performance was driven by strong contributions across all business segments, with particular strength in Electronics & Consumer Durables and Electricals. Profit after tax also saw a substantial increase of 76.4%.
V-Guard Industries Delivers Robust Q1 FY27 Performance
V-Guard Industries has commenced the fiscal year 2027 with a strong performance, reporting substantial growth in its first-quarter financial results. The company achieved a consolidated net revenue of ₹1,810.65 crore for the quarter ended June 30, 2026, representing a significant year-on-year increase of 23.5%.
Key Financial Highlights
The impressive revenue growth was complemented by healthy margins and improved profitability. Key financial highlights for Q1 FY27 include:
- Net Revenue: ₹1,810.65 crore (up 23.5% YoY)
- Gross Margin: Maintained at 36.9%
- EBITDA (excluding other income): ₹190.96 crore (up 54.5% YoY), with an EBITDA margin of 10.5%
- Profit After Tax (PAT): ₹130.25 crore (up 76.4% YoY), resulting in a PAT margin of 7.2%
- Diluted EPS: ₹2.96
Segment Performance
All business segments contributed to the growth, with Electronics & Consumer Durables benefiting from improved demand due to the supportive summer season. The Electricals segment continued its high growth trajectory, partly supported by price inflation. The integration of the Sunflame business is also progressing well.
Segment-wise revenue breakdown for Q1 FY27:
- Electronics: ₹658.46 crore (22.8% YoY growth)
- Electricals: ₹670.12 crore (27.7% YoY growth)
- Consumer Durables: ₹416.71 crore (19.2% YoY growth)
- Sunflame: ₹65.69 crore (18.3% YoY growth)
Geographical Performance
The company witnessed strong performance across regions, with South markets growing by 36.7% and Non-South markets by 12.0% year-on-year. The contribution from Non-South markets to total revenues was 48.5% in Q1 FY27.
Balance Sheet Strength
The balance sheet remains robust, with a net worth of ₹2,509.90 crore as of June 30, 2026. The net cash position stood at a healthy ₹669.58 crore, indicating strong liquidity and financial stability.
Source: BSE
