V-Guard Industries Limited — PPTs, 28-01-2026: Investor Presentation

V-Guard Industries (VGUARD) reported robust Q3 FY26 results with consolidated net revenue climbing 10.6% YoY to Rs 1,404 Cr. This growth was mainly powered by the Electricals segment, which surged 25.8% YoY to Rs 602 Cr, supported by higher copper prices and increased volumes. Geographically, South markets delivered strong 20.1% growth.

EBITDA saw a significant 18.3% YoY increase to Rs 123 Cr, improving margins to 8.8%. However, reported PAT decreased 5.2% to Rs 57 Cr due to a one-time employee benefit charge of Rs 22.11 Cr. Excluding this, underlying PAT grew a strong 22%. Diluted EPS stood at Rs 1.30.

A key strategy involves continued expansion into non-South markets. The company maintains a strong net cash position of Rs 294 Cr. Management anticipates taking pricing actions in the coming months due to rising input costs and expects strong results for the upcoming summer season.