V-Guard Industries Ltd is an Indian electricals and home appliances manufacturer, headquartered in Kochi. It was founded in 1977 by Kochouseph Chittilappilly as a small voltage stabilizer manufacturing unit. In 1977, Kochouseph Chittilappilly began a small manufacturing unit for voltage stabilizers with a vision and a capital of Rs 1,00,000 borrowed from his father. What started as a modest venture has evolved into one of India's most trusted brands in the electrical and electronic goods sector.
V-Guard Industries Limited was established in the year 1977 with two employees and a burning passion is now a force to reckon with in the Indian electric and electronic goods panorama. Our untiring commitment for performance, cutting edge technology, innovative design and dependable service standards have lead to unrivalled product quality and a trusted brand image.
V-Guard operates through three primary business segments that cater to diverse consumer needs across India. It operates through Electronics, Electrical, and Consumer Durables segments. The company's comprehensive product portfolio spans across multiple categories, establishing its presence in various household and industrial applications.
V-Guard India manufactures and sells a wide range of consumer appliances such as voltage stabilizers, DUPS, Inverters, Inverter Batteries, Electric and Solar Water Heaters, Geysers, Inverter Batteries, Wires and Cables, Household Appliances, Induction Cooktops, mixer grinders, ceiling fans, domestic switches and gears for your home needs.
The Electronics segment, which includes voltage stabilizers and digital UPS systems, represents the company's core strength and original business foundation. The largest selling and trusted stabilizer brand of India, V-Guard, offers the best technology. The Consumer Durables segment encompasses fans, water heaters, and kitchen appliances, while the Electrical segment focuses on wires, cables, and electrical accessories.
V-Guard Industries has demonstrated robust financial performance with consistent growth across key metrics. V-Guard Industri · Mkt Cap: 16,342 Crore (up 1.49% in 1 year) · Revenue: 5,309 Cr · Profit: 260 Cr · Stock is trading at 8.18 times its book value · Company has a low return on equity of 13.3% over last 3 years. As of March 2025, the company maintains a strong market capitalization of ₹16,342 crore.
- Sales rose 14.85% to Rs 5577.82 crore in the year ended March 2025 as against Rs 4856.67 crore during the previous year ended March 2024.
- For the full year,net profit rose 21.80% to Rs 313.72 crore in the year ended March 2025 as against Rs 257.58 crore during the previous year ended March 2024.
- 14 May - V-Guard Q4 FY25 revenue up 14.5%, PAT up 19.6%; FY25 revenue Rs.5578 Cr, PAT Rs.314 Cr, debt-free status.
- Sales rose 14.55% to Rs 1538.08 crore in the quarter ended March 2025 as against Rs 1342.77 crore during the previous quarter ended March 2024.
- Net profit of V-Guard Industries rose 19.64% to Rs 91.13 crore in the quarter ended March 2025 as against Rs 76.17 crore during the previous quarter ended March 2024.
V-Guard continues to invest in expanding its manufacturing capabilities and diversifying its product portfolio. The Board of V-Guard Industries at its meeting held on 28 January 2025 has approved the proposal for capacity addition in the fans manufacturing facility of V-Guard Consumer Products (VCPL), Wholly-owned Subsidiary of the Company to be set up in Hyderabad. In addition to manufacturing of Table Pedestal & Wall fans, the subsidiary will be manufacturing ceiling fans in the same facility. Total investment of Rs 100 crore will be invested in phases to ramp up to the proposed capacity of 26 lakh units of ceiling fans per annum in a phased manner of 4-5 years.
The company has also approved significant expansion plans for its battery manufacturing segment. 14 May - Approved FY25 audited results; re-appointed MD and independent director; ₹50 Cr battery plant expansion; final dividend ₹1.50/share.
V-Guard maintains a balanced shareholding structure with promoters holding a significant stake in the company. · Promoter Holding: 54.3% The company's commitment to shareholder value is evident through its consistent dividend policy. V-Guard Industries has fixed 31 July 2025 as record date for payment of final dividend of Rs 1.50 per share of Re 1 each for FY 2024-25. The dividend, if approved, shall be paid on or before 05 September 2025.
V-Guard competes in the highly competitive electrical appliances market alongside established players. Havells and Bajaj Electricals are competitors of V-Guard Industries. The company's strong brand recognition, particularly in voltage stabilizers, and its expanding product portfolio across multiple segments position it well for sustained growth in the Indian market.
The company's debt-free status and consistent financial performance reflect its prudent financial management and operational efficiency. With a diversified product portfolio, strong distribution network, and ongoing capacity expansion initiatives, V-Guard Industries is well-positioned to capitalize on the growing demand for electrical appliances in India's expanding consumer market.
