V-Guard Industries Ltd
V-Guard Industries Q1 FY26 earnings call: Revenue & Margins
Q1 FY26 earnings call: what management said on revenue, margins and capex.
Guidance rank: #59 of 86 in Consumer Durables
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The short version
Company expects revenue growth of 11% to 13% for the current financial year, down from earlier guidance of 14%-15% due to challenging Q1 and adverse weather conditions. Revenue growth for FY26 is expected to be between 11% to 13%, down from the initial 14-15% guidance due to a challenging Q1 and adverse weather impacting key products.
From V-Guard Industries Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Company expects revenue growth of 11% to 13% for the current financial year, down from earlier guidance of 14%-15% due to challenging Q1 and adverse weather conditions.
- In a good year, growth can be around 17%; in tough years, about 11%-13%.
- Non-South markets are gaining share; expectation to reach 65% sales from non-South regions, showing expansion beyond traditional strongholds.
- New markets and geographies continue to open, providing room for volume growth.
- Solar rooftop and inverter battery segments show healthy demand, offsetting some declines in other product lines.
2 more points from V-Guard Industries Ltd's call on revenue
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Profitability & Margins
See what V-Guard Industries Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- The company is initially seeding new categories like Lighting through an outsourcing model and plans to look at manufacturing once sufficient scale is achieved.
- Investment is being made in deepening the value chain for Inverters & Batteries, improving competitiveness.
- There is a focus on expanding non-South markets with multiple branches in large states to capture growth.
- Integration and merger of acquired entities like Sunflame are underway, expected to create operational synergies, improve service TAT, quality, and vendor management.
2 more points from V-Guard Industries Ltd's call on capex
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Top-ranked in Consumer Durables
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
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Order Book & Pipeline
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V-Guard Industries Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹1.9K Cr, net profit ₹112 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What V-Guard Industries Ltd's management said in earlier quarters
- Q2 FY27 earnings call analysis →
- Q1 FY27 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q4 FY25 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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Potential multibaggers · Q2 FY27
Potential multibaggers in Consumer Durables
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were V-Guard Industries Ltd Q1 FY26 results?
Company expects revenue growth of 11% to 13% for the current financial year, down from earlier guidance of 14%-15% due to challenging Q1 and adverse weather conditions. Revenue growth for FY26 is expected to be between 11% to 13%, down from the initial 14-15% guidance due to a challenging Q1 and adverse weather impacting key products.
What is V-Guard Industries Ltd share price analysis?
V-Guard Industries Ltd currently shows a neutral. The stock trades at a P/E of 35.7 with a market cap of ₹13,555 Cr. Investors should review the full earnings analysis for detailed insights.
Is V-Guard Industries Ltd planning capital expenditure?
The company is initially seeding new categories like Lighting through an outsourcing model and plans to look at manufacturing once sufficient scale is achieved.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.