ALFA Finder| Revenue guidance | 15.0% → 16.0% Raised by 1.0 percentage points |
|---|---|
| Management target | Revenue 15.0% FY27 |
| Revenue growth | 23.5% YoY growth reaching 1,810 crore. |
|---|---|
| Margins | Healthy gross margins at 36.9%; EBITDA margin 10.5%. |
| Demand visibility | Strong summer demand in South; mixed trends in North. |
| Management confidence | Confident, highlighting structural improvements and resilient business model. |
Growth
Growth was balanced but price-led (14%) over volume (9%), with exceptional performance in the South market due to weather.
Outlook
Management raised FY27 revenue growth guidance to above 15% while maintaining a 9-10% EBITDA margin target.
Risks
Commodity price volatility and increased competitive intensity in the wires segment remain primary concerns.
Last quarter's promises, checked
Delivered
- Guided 10-12% volume growth → delivered 9% (= MISS)
- Guided 15% revenue growth → delivered 23.5% (= BEAT)
- Guided 10% EBITDA margin → delivered 10.5% (= BEAT)
Partly delivered
- Guided 1-2% price growth → delivered 14% (= PARTIAL, pricing power high but volume-mix shifted)
Earnings Call Transcript filed with NSE, NSE: VGUARD. Summary written with AI assistance from the document.
V-Guard Industries Ltd: key numbers
- Share price
- ₹304.50
- Market cap
- ₹13,309 Cr
- Revenue (annual)
- ₹5,966 Cr
- Net profit (annual)
- ₹308.3 Cr
- P/E (TTM)
- 32.4×Sector 42.6×
- Promoter holding
- 53.21%-0.01% QoQ
- FII holding
- 13.02%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from V-Guard Industries Ltd
All →V-Guard Industries Other Announcement
V-Guard director Ramachandran Venkataraman sold 10,000 shares on the NSE on November 11, 2026, worth about Rs.0.30 Crore. His holding fell to 26,54,248 shares, about 0.61%.
- Value
- ₹0.30 Cr
V-Guard Industries Annual General Meeting
V-Guard seeks shareholder approval via postal ballot to appoint Kurian Puthenpurayil John as independent director for five years. E-voting runs 7 November to 6 December 2026.
V-Guard Industries Earnings Call Transcript: Key Takeaways
V-Guard delivered strong volume growth but faced margin compression from input costs and a pricing lag.
- Call
- Guides 15% growth
V-Guard Industries Investor Presentation: Key Takeaways
V-Guard delivered robust Q2 FY27 performance with consolidated revenue growing 38.2% YoY to ₹1,852.89 Cr and PAT rising 71% to ₹111.67 Cr, driven by strong growth across all business segments.
V-Guard Industries Management Change
V-Guard Industries appointed Mr Kurian Puthenpurayil John as Non-Executive Independent Director. He is a chartered accountant with corporate governance and investment experience.
V-Guard Industries Q2 FY27 Results: Net Profit ₹111.7 Cr, Up 71.1% YoY
V-Guard Industries Ltd reported revenue from operations of ₹1,853 Cr (+38.2% YoY) and net profit of ₹111.7 Cr (+71.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹111.7 Cr · +71.1% YoY