Open Demat Account

50years
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
left-arrow
Fundamentals
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
right-arrow

V-Guard Industries Ltd Performance

Today's Low
345.15
arrowIcon
Today's High
351.70
52 Wk Low
239.00
arrowIcon
52 Wk High
353.80


Open

348.75

Traded Value (Cr)

10.69 Cr

Prev. Close

348.75

VWAP

348.43

Volume

10,56,332

Face Value

1

V-Guard Industries Ltd Fundamentals

Market Cap
₹ 14,968 Cr
P/E Ratio (TTM)
63.93
P/B Ratio
8.90
Debt to Equity
0.23
ROE
12.79 %
EPS (TTM)
5.39
Dividend Yield
0.38%
Book Value
38.74

Click here to know more about Fundamentals

V-Guard Industries Ltd Financials

V-Guard Industries Ltd Financials

V-Guard Industries Ltd Shareholding Pattern

Held By Dec 2023 Sep 2023 Jun 2023 Mar 2023
Promoters 54.57 % 55.62 % 55.62 % 55.80 %
Mutual Funds 20.04 % 18.90 % 18.81 % 18.30 %
FII 13.02 % 13.16 % 12.83 % 12.84 %
Retail 10.43 % 10.26 % 10.58 % 11.05 %
Others 1.95 % 2.06 % 2.16 % 2.03 %

Promoters

54.57%

Mutual Funds

20.04%

FII

13.02%

Retail

10.43%

Others

1.95%

Promoters

55.62%

Mutual Funds

18.90%

FII

13.16%

Retail

10.26%

Others

2.06%

Promoters

55.62%

Mutual Funds

18.81%

FII

12.83%

Retail

10.58%

Others

2.16%

Promoters

55.80%

Mutual Funds

18.30%

FII

12.84%

Retail

11.05%

Others

2.03%

Resistance and Support

₹321.67

PIVOT

resistance-arrow
Resistance
First Resistance₹325.183
Second Resistance₹328.467
Third Resistance₹331.983
support-arrow
Support
First Resistance₹318.383
Second Resistance₹314.867
Third Resistance₹311.583
RSI88.394
MACD9.131
ADX24.808
CCI120.370

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day1,056,332171,21155.53
Week589,376252,14446.78
1 Month345,204154,70745.46
6 Months1,056,332521,44449.36

About V-Guard Industries Ltd

V-Guard Industries Limited based in Kochi, Kerala is a multi-product company catering to the mass consumption market. The Company is engaged in manufacturing, trading and selling of a wide range of Electronics, Electrical and Consumer Durables. Its manufacturing facilities are located at Coimbatore, Tamil Nadu; at Kashipur and Roorkee, Uttarakhand; at Kala Amb, Himachal Pradesh; at SIPCOT Industrial Growth Center, Perundurai, Tamil Nadu and at Majitar, Rangpo and Mamring in Sikkim. The Company has a strong nationwide distribution network of 32 branches, 624 distributors, more than 50,000 channel partners. The foundation of V-Guard Industries was laid with the formation of a partnership concern viz. Priemere Electronics by Mr. Kochouseph Chittilappilly in the year 1977 which was engaged in the business of manufacturing and marketing voltage stabilizers under the brand name 'V-Guard'. In the year 1992, Premier Electronics, the partnership concern was dissolved and Chittilappilly continued the business as a proprietary concern. In the year, 1985, Chittilappilly started another proprietorship concern by the name of M/s Prompt India for marketing of the products under the brand name of V-Guard. Subsequently, M/s Prompt India changed its name to M/s V-Guard Industries. On 12 February 1996, V-Guard Industries Limited was incorporated under the Companies Act, 1956. With effect from 1 April 1996, V-Guard Industries took over the business of the proprietary concern i.e. M/s V-Guard Industries on going concern basis for a lump sum consideration of Rs.234 lakhs and carried on the business of the firm namely manufacturing and marketing of electronic and electro mechanical appliances. In 1996, the company launched electric water heaters. In 1998, the company launched UPS (Online & Offline). In 1999, the company launched digital stabilizers. During the year under review, the company's cable manufacturing unit was inaugurated at Coimbatore. In 2001, the company launched compressor pumps. With effect from 15 November 2001, V-Guard Industries was converted into a private limited company. In 2002, the company launched solar water heaters. In 2006, the company launched fans under the V-Guard brand. The company got converted into a public limited company on 1 August 2007 and received a fresh certificate of incorporation in the name of 'V-Guard Industries Limited'. In 2008, the company entered in capital market with IPO of 80,00,000 of equity shares of Rs.10 each. On 20 June 2012, V-Guard has launched Enviro, a hi-speed pedestal fan, which uses the Magneto Motive Drive (MMD) Technology. Unlike other pedestal fans, Enviro consumes only 55 watts electricity. V-Guard Industries' new plant for manufacture of solar water heaters at the SIPCOT Industrial Complex at Perundurai in Tamil Nadu became operational on 25 September 2013. The unit will have a capacity to produce 90,000 units of solar water heaters annually. On 14 May 2014, V-Guard Industries Ltd. in line with its long-term growth strategy for the Northern Indian market announced the opening of its third branch office in U.P at Panditpur, PO Jagatpur in Varanasi. On 9 December 2015, V-Guard Industries informed the stock exchanges that in order to meet the growing demand of stabilizers in non-South markets, the company has set up a manufacturing unit of Voltage Stabilizers in the State of Sikkim. The unit is eligible for benefits under North East Industrial & Investment Promotion Policy (NEIIPP), 2007 which also covers the state of Sikkim. V-Guard is also exploring inorganic expansion opportunities in companies, with product range having synergy with V-Guard, and manufacturing capabilities. A consultant has been appointed to assist the company in identifying and evaluating potential opportunities. The Board of Directors of V-Guard Industries at its meeting held on 16 June 2016 considered and approved the proposal for splitting of one equity share of face value of Rs.10/- each into ten equity shares of face value of Re. 1/- each. The Board of Directors of V-Guard Industries at its meeting held on 26 July 2016 considered the proposal of commencement of operations of the in-house PVC compounding unit at Chavadi, Coimbatore as part of backward integration and the unit is expected to commence commercial production by end of August 2016. The Board of Directors of V-Guard Industries at its meeting held on 30 January 2017 recommended the issue of bonus shares by way of capitalization of reserves in the ratio of 2:5 (two shares for every five shares held). The Board of Directors of V-Guard Industries at its meeting held on 28 March 2017 accorded in-principle approval to make majority investment in equity of GUTS Electro-Mech Ltd., Hyderabad, a company which is engaged in the manufacture and marketing of various kinds of domestic switch gears and current transformers. GUTS reached a turnover of about Rs 30 crore in FY 2015-16. GUTS has its manufacturing facilities in Hyderabad and Haridwar. On 31 August 2017, V-Guard Industries announced that the company has acquired additional 7.82 lakh equity shares of Rs 10 each of Guts Electro-Mech Limited, Hyderabad, vide share purchase and subscription agreement dated 31 August 2017. The total shareholding of the company in Guts Electro-Mech Limited, including the acquisition of shares made vide share purchase agreement dated 21 August 2017 is 14.54 lakh shares and the same constitutes 74% of the paid-up share capital of Guts Electro-Mech Limited. In January '21, the Company acquired minority stake in Gegadyne Energy Labs Pvt Ltd. (GEL) for a consideration of Rs. 33.4 crores constituting 18.77% of total shareholding. During FY21, the Company launched several new products such as water purifiers, breakfast appliances, kitchen hobs and chimneys through online channels. During the year 2021-22, the Board of Directors has approved Scheme of Amalgamation amongst the Company, SEPL (Transferor Company) and their respective Shareholders and Creditors in compliance with provisions of the Companies Act, 2013 to merge the Simon's Indian business with the business of the Company upon effecting the Scheme of Amalgamation. In December '21, the Company acquired Simon Electric Private Limited (SEPL) from SIMON, SA. During 2021-22, it launched BLDC fans. During the year 2021-22, the Company formed V-Guard Consumer Products Limited (VCPL), as Wholly Owned Subsidiary, for increasing in-house manufacturing capacity. It set up its first manufacturing facility for production of Stabilizer and Digital UPS in Pantnagar, Uttarakhand, and commercialized the unit in March, 2022. In 2022-23, the merger of Simon Electric Private Ltd. (SEPL/ Transferor Company) with V-Guard Industries Ltd. (Transferee Company) through the Scheme of Amalgamation was made effective from April 28, 2023. Pursuant to said Scheme of Amalgamation, 10,83,008 Equity Shares were allotted having Face Value of Re 1 each to the Shareholders of SEPL in the share swap ratio of 0.0076646:1. In 2022-23, the Company acquired 100% shareholding of Guts ElectroMech Ltd. making it a wholly-owned subsidiary. Similarly, the Company acquired 100% shareholding of Sunflame Enterprises Private Limited and accordingly, Sunflame Enterprises became a wholly-owned subsidiary of the Company effective on January 12, 2023.

Managing Director

Mithun K Chittilappilly

Founded

1996

NSE Symbol

VGUARD

V-Guard Industries Ltd Management

NameDesignation
Kochouseph ChittilappillyChairman Emeritus
Mithun K ChittilappillyManaging Director
C J GeorgeIndependent Director
Ramachandran VenkataramanExecutive Director & COO
Cherian N PunnooseChairman (Non-Executive)
Ullas K KamathIndependent Director
Radha UnniIndependent Director
BIJU VARKKEYIndependent Director
George Muthoot JacobIndependent Director
Vikas Kumar TakCompany Sec. & Compli. Officer
Ishwar subramanian.Independent Director
Antony Sebastian K..Executive Director

V-Guard Industries Ltd News

V-Guard Industries allots 2.40 lakh equity shares under ESOS
V-Guard arm starts commercial production of kitchen appliances
V-Guard Consumer Products (VCPL), wholly owned subsidiary (WOS) of the company commenced commercial production of kitchen appliances (mixer grinder & gas stove) at its manufacturing facility set up in Vapi, Gujarat on 6 March 2024.
V-Guard Industries consolidated net profit rises 48.27% in the December 2023 quarter
Sales rise 18.64% to Rs 1165.39 crore
V-Guard Industries to table results
On 1 February 2024
CRISIL reaffirms ratings of V-Guard Inds at 'A1+'
V-Guard Industries informed that CRISIL Ratings has reaffirmed its 'CRISIL A1+’ rating on the commercial paper of the company.
V-Guard Industries consolidated net profit rises 35.02% in the September 2023 quarter
Sales rise 14.92% to Rs 1133.75 crore
V-Guard Industries to announce Quarterly Result
On 31 October 2023
V-Guard Industries consolidated net profit rises 20.17% in the June 2023 quarter
Sales rise 19.29% to Rs 1214.76 crore
Volumes jump at V-Guard Industries Ltd counter
V-Guard Industries Ltd saw volume of 13.15 lakh shares by 14:09 IST on NSE, a 8.61 fold spurt over two-week average daily volume of 1.53 lakh shares
V-Guard Industries to conduct board meeting
On 9 August 2023

Similar Stocks

CompanyMarket CapMarket PriceP/E Ratio
SIEMENS₹ 1,98,624 Cr
₹ 5,577.45
(-0.10 %)
102.53
ABB₹ 1,43,100 Cr
₹ 6,752.95
(1.68 %)
114.59
BHEL₹ 91,404 Cr
₹ 262.50
(0.00 %)
0.00
CGPOWER₹ 75,488 Cr
₹ 494.25
(-1.95 %)
85.19
SUZLON₹ 56,866 Cr
₹ 42.15
(0.00 %)
0.00

V-Guard Industries Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase V-Guard Industries Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. V-Guard Industries Ltd's share price is ₹346.80 as of April 12, 2024

V-Guard Industries Ltd's P/E ratio is 63.93 times as of April 12, 2024.

V-Guard Industries Ltd's most recent financial reports indicate a price-to-book ratio of 8.90, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. V-Guard Industries Ltd's market is 14,969 Cr as on April 12, 2024.

The current financial records of V-Guard Industries Ltd show a 12.79% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a V-Guard Industries Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. V-Guard Industries Ltd's 52-week high and low as of April 12, 2024 are ₹351.7 and ₹345.15 respectively.

As of the Dec 2023 quarter, the promoter shareholding in V-Guard Industries Ltd stands at 54.57%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 13.16% to 13.02%.