V-Guard Industries Limited — Investor Meet, 18-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

V-Guard posted strong Q4 FY26 results: Revenue up 14.1% YoY to INR 1,755 Cr, EBITDA up 19.3% to INR 171 Cr, and PAT up 23% to INR 112 Cr. Full-year revenue grew 7%. Gross margins held at 35.3% despite 8-13% input cost hikes, with 75% passed on. Management aims for 10-12% volume growth, expecting double-digit EBITDA once inflation normalizes. Electronics and Electricals drove growth. Sunflame integration is on track. The solar inverter business shows rapid growth potential. Company secured raw material supplies amid West Asia conflict, and the board declared a 150% dividend.