FY26 Financial Highlights
V-Guard Industries' Board of Directors approved the audited financial results for fiscal year 2025-26. The company reported consolidated revenue of ₹5,989.29 crore and consolidated profit after tax of ₹308.33 crore.
The Board recommended a final dividend of ₹1.50 per equity share for FY26, pending shareholder approval at the Annual General Meeting. Ms. Usha Sunny was appointed as an Additional Director, serving as a Non-Executive Independent Director for a five-year term.
Performance and Investor Value
The strong financial performance demonstrates V-Guard's continued growth in the competitive consumer durables market. A consistent dividend payout shows the company's commitment to returning value to shareholders. Appointing an independent director helps uphold corporate governance standards.
About V-Guard Industries
V-Guard Industries is a leading Indian manufacturer of consumer electricals and appliances. Its product range includes Cooling (fans, water heaters), Home Appliances, Electricals (cables, switches), and Digital Solutions. The company focuses on expanding its product range and distribution network across India.
Peer Landscape
V-Guard's FY26 consolidated revenue of ₹5,989.29 crore and profit after tax (PAT) of ₹308.33 crore places it in terms of scale close to Crompton Greaves Consumer Electricals (approx. ₹6,400 Cr revenue and ₹350 Cr PAT in FY25). It remains significantly smaller than market leader Havells India, which reported revenue of around ₹17,600 crore and profit of ₹1,200 crore in FY25. Bajaj Electricals also competes in similar product categories.
Key Figures at a Glance
- Consolidated revenue for FY26: ₹5,989.29 crore.
- Consolidated profit after tax for FY26: ₹308.33 crore.
- Standalone revenue for FY26: ₹5,727.90 crore.
- Standalone profit after tax for FY26: ₹259.37 crore.
- Recommended final dividend for FY26: ₹1.50 per equity share.
Looking Ahead
Shareholders will vote on the recommended final dividend of ₹1.50 per share at the Annual General Meeting. Key discussions at the 30th Annual General Meeting are scheduled for August 11, 2026. Investors will watch for management commentary and outlook discussed during the meeting.
