KOCHI | May 14, 2025 — V-Guard Industries Ltd (BSE: 532953, NSE: VGUARD), a leading player in the Indian consumer electricals and electronics market, announced its audited financial results for the quarter and year ended March 31, 2025. The company reported a strong finish to the fiscal year, with consolidated net profit surging to ₹91.13 crore in Q4 FY25, compared to ₹76.17 crore in Q4 FY24.
Key Financial Highlights
Consolidated Financial Performance (₹ in crore)
| Particulars | Q4 FY25 | Q4 FY24 | YoY Growth | FY25 | FY24 | YoY Growth |
|---|---|---|---|---|---|---|
| Revenue from Operations | 1,538.08 | 1,342.77 | 14.54% | 5,577.82 | 4,856.67 | 14.86% |
| EBITDA (Derived) | 145.00 | 132.74 | 9.25% | 534.12 | 420.20 | 27.06% |
| Profit Before Tax | 118.22 | 100.63 | 17.49% | 413.95 | 340.32 | 21.65% |
| Net Profit | 91.13 | 76.17 | 19.61% | 313.72 | 257.58 | 21.82% |
| EPS (₹) | 2.08 | 1.74 | — | 7.17 | 5.89 | — |
Segment-Wise Revenue (FY25)
- Electronics: ₹1,509.63 crore (↑29.55% YoY)
- Electricals: ₹2,169.94 crore (↑10.0% YoY)
- Consumer Durables: ₹1,643.87 crore (↑13.84% YoY)
- Sunflame: ₹254.38 crore (↓7.2% YoY)
Dividend Declaration
The Board has recommended a final dividend of ₹1.50 per equity share (150% of face value) for FY25, subject to shareholder approval at the 29th AGM to be held on August 7, 2025. The record date is July 31, 2025VGUARD4321_140520251438….Strategic Developments
Expansion in Battery Manufacturing
The Board approved a ₹50 crore investment to expand the battery manufacturing capacity of its wholly-owned subsidiary, V-Guard Consumer Products Ltd, at Hyderabad. The enhancement will add 3.96 lakh units annually, nearly doubling the current capacity. It will be funded through internal accruals and is expected to be completed within 18 months.Corporate Announcements
- Re-appoint Mr. Mithun K Chittilappilly as Managing Director for five years from April 1, 2026, to March 31, 2031.
- Re-appoint Mr. George Muthoot Jacob as Independent Director for a second term from October 5, 2025, to October 4, 2030.
- Appointment and re-appointment of various auditors for secretarial, internal, cost, and tax audits
Management Commentary
Mithun K Chittilappilly, Managing Director, stated:“Our robust performance in FY25 is a reflection of strategic product diversification and continued investments in brand and manufacturing capabilities. We remain committed to driving long-term shareholder value through innovation and disciplined capital allocation.”
Outlook
With strong financials, prudent capital allocation, and continued market expansion efforts, V-Guard is well-positioned to capture growth across India's evolving consumer electricals landscape. Strategic capacity additions in batteries and brand investments are expected to further strengthen its competitive edge in FY26 and beyond.
