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Earnings Call

V-Marc India Earnings Call: Key Takeaways

V-Marc India reported FY26 revenue growth of 99% to ₹17,973 Mn and 177% PAT growth to ₹1,001 Mn, driven by segment demand and B2C expansion.

Highlights
Revenue growth99% YoY in FY26; targeting 40%+ in FY27.
MarginsEBITDA margin 11.2%; targeting 11%+ for FY27.
Demand visibilityStrong across building wires, industrial, and HT cables.
Management confidenceHigh, citing landmark year and doubling scale.

Growth

FY26 Revenue: ₹17,973 Mn (+99% YoY); EBITDA: ₹2,008 Mn (+107%); PAT: ₹1,001 Mn (+177%); ROCE expanded to 35%.

Outlook

Targeting 40%+ revenue growth in FY27 and EBITDA margin of 11%+; planned ₹5 Bn capex through FY30.

Risks

Gross margin compression from higher trading purchases; interest costs; competitive industry landscape.

Source

Earnings Call filed with NSE, NSE: VMARCIND. Summary written with AI assistance from the document.

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V-Marc India Ltd: key numbers

Share price
₹322.45
Market cap
₹4,725 Cr
Revenue (annual)
₹1,797 Cr
Net profit (annual)
₹100.0 Cr
P/E (TTM)
47.2×Sector 45.9×
Promoter holding
64.87%+0.00% QoQ
FII holding
0.25%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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15:45 IST NSE
Annual General Meeting

V-Marc India Annual General Meeting

V-MARC India Limited held its 13th Annual General Meeting on September 25, 2026. Shareholders approved the company's migration from the NSE SME platform to the NSE Main Board.

15:06 IST NSE
Financial Results

V-Marc India H2 FY26 Results: Net Profit ₹63.6 Cr, Up 157.5% YoY

V-Marc India Ltd reported revenue from operations of ₹1,106 Cr (+97.6% YoY) and net profit of ₹63.6 Cr (+157.5% YoY) for H2 FY26.

Key figure
Net profit ₹63.6 Cr · +157.5% YoY