V-Guard Industries Limited — Quarter and year ended 31.03.2026 (reporting period as per financial results)
| Sl. No | Particulars | For the three months ended | For the year ended |
|---|---|---|---|
| 31.03.2026 (Refer note 8) | 31.12.2025 (Unaudited) | ||
| 1 | Income | ||
| Revenue from operations | 1,687.16 | 1,325.92 | |
| Other income | 7.25 | 5.37 | |
| Total income | 1,694.41 | 1,331.29 | |
| 2 | Expenses | ||
| Cost of raw materials consumed | 338.30 | 329.84 | |
| Purchase of stock-in-trade | 830.60 | 512.17 | |
| Decrease / (increase) in inventories of finished goods, work-in-progress and stock-in-trade | (11.43) | 61.18 | |
| Employee benefits expense | 133.54 | 105.72 | |
| Depreciation and amortization expense | 21.04 | 20.25 | |
| Finance costs | 1.43 | 1.68 | |
| Other expenses | 253.32 | 221.39 | |
| Total expenses | 1,566.80 | 1,252.23 | |
| 3 | Profit before exceptional item and tax (1 – 2) | 127.61 | 79.06 |
| 4 | Exceptional item (Refer Note 6) | – | 20.91 |
| 5 | Profit before tax (3-4) | 127.61 | 58.15 |
| 6 | Tax expenses: | ||
| – Current tax | 30.65 | 20.92 | |
| – Deferred tax (credit) / expense | 1.61 | (5.11) | |
| Total tax expenses | 32.26 | 15.81 | |
| 7 | Profit for the period / year (5-6) | 95.35 | 42.34 |
| 8 | Other comprehensive income | ||
| Other comprehensive income not to be reclassified to profit or loss in subsequent periods, net of tax | (0.67) | – | |
| Other comprehensive income for the period / year net of tax | (0.67) | – | |
| 9 | Total comprehensive income for the period / year (Comprising Profit for the period / year and Other comprehensive income for the period / year (7+8)) | 94.68 | 42.34 |
| 10 | Earnings per equity share (EPS) (nominal value of ₹ 1/- each) (not annualised for quarter and year to date) | ||
| (a) Basic (₹) | 2.17 | 0.97 | |
| (b) Diluted (₹) | 2.17 | 0.96 |
| Particulars | As at 31.03.2026 (Audited) | As at 31.03.2025 (Audited) |
|---|---|---|
| A. Assets | ||
| 1. Non-current assets | ||
| – Property plant and equipment | 468.12 | 343.53 |
| – Capital work-in-progress | 7.59 | 48.17 |
| – Investment property | 0.28 | 0.28 |
| – Other intangible assets | 42.14 | 51.03 |
| – Intangible assets under development | 1.10 | 0.50 |
| – Right of use assets | 59.99 | 70.42 |
| – Financial assets | ||
| — (a) Investments | 913.58 | 888.58 |
| — (b) Loans | 0.92 | 1.05 |
| — (c) Other financial assets | 17.98 | 17.91 |
| – Current tax assets (net) | 35.56 | 33.96 |
| – Deferred tax assets (net) | 14.80 | 8.48 |
| – Other non-current assets | 14.86 | 24.97 |
| Total Non-current assets | 1,576.92 | 1,488.88 |
| 2. Current assets | ||
| – Inventories | 832.11 | 865.03 |
| – Financial assets | ||
| — (a) Investments | 180.55 | 10.00 |
| — (b) Trade receivables | 511.45 | 513.53 |
| — (c) Cash and cash equivalents | 31.63 | 30.07 |
| — (d) Bank balances other than (c) above | 0.39 | 0.42 |
| — (e) Loans | 1.32 | 2.85 |
| — (f) Other financial assets | 1.70 | 2.96 |
| – Other current assets | 153.64 | 125.12 |
| Total Current assets | 1,712.79 | 1,549.98 |
| Total assets | 3,289.71 | 3,038.86 |
| B. Equity and liabilities | ||
| 1. Equity | ||
| – Equity share capital | 43.68 | 43.58 |
| – Other equity | 2,181.00 | 1,954.76 |
| Total equity | 2,224.68 | 1,998.34 |
| 2. Non-current liabilities | ||
| – Financial liabilities | ||
| — Lease liabilities | 38.53 | 47.17 |
| – Provisions | 18.23 | 17.19 |
| Total Non-current liabilities | 56.76 | 64.36 |
| 3. Current liabilities | ||
| – Financial liabilities | ||
| — (a) Borrowings | 8.84 | 10.81 |
| — (b) Lease liabilities | 16.99 | 18.75 |
| — (c) Trade payables | ||
| — (i) Total outstanding dues of micro enterprises and small enterprises | 32.42 | 38.11 |
| — (ii) Total outstanding dues of creditors other than micro enterprises and small enterprises | 650.33 | 598.35 |
| — (d) Other financial liabilities | 77.01 | 137.91 |
| – Other current liabilities | 91.60 | 75.65 |
| – Provisions | 131.08 | 96.58 |
| Total Current liabilities | 1,008.27 | 976.16 |
| Total liabilities | 1,065.03 | 1,040.52 |
| Total equity and liabilities | 3,289.71 | 3,038.86 |
| Particulars | For the year ended 31.03.2026 (Audited) | For the year ended 31.03.2025 (Audited) |
|---|---|---|
| A. Cash flow from operating activities | ||
| Profit before tax | 343.87 | 347.73 |
| Adjustments to reconcile profit before tax to net cash flows | ||
| – Depreciation and amortization expense | 82.06 | 73.68 |
| – Loss / (profit) on property, plant and equipment sold / scrapped / written off (net) | 0.31 | (0.12) |
| – Finance costs | 6.93 | 19.92 |
| – Finance income | (1.02) | (1.21) |
| – Net gain on sale of investments | (4.40) | (5.86) |
| – Fair value gain on investments | (0.55) | – |
| – Dividend received from subsidiary | (14.09) | – |
| – (Gain) / loss on lease modifications / termination | (0.08) | – |
| – Liabilities / provisions no longer required written back | (0.55) | (0.09) |
| – Loss allowance for trade receivables (net) | 1.23 | 1.18 |
| – Impairment allowance for doubtful advances (net) | (0.15) | (0.65) |
| – Unrealised (gain) / loss on foreign currency transaction | (1.17) | 0.24 |
| – Share based payments expense | 27.07 | 25.91 |
| Operating profit before working capital changes | 95.59 | 113.00 |
| Movement in working capital | ||
| – Decrease / (increase) in inventories | 32.92 | (155.56) |
| – Decrease / (increase) in trade receivables | 0.85 | 38.88 |
| – Decrease / (increase) in loans | 0.06 | (0.30) |
| – Decrease / (increase) in other financial assets | 1.34 | (1.06) |
| – Decrease / (increase) in other assets | (28.78) | (5.66) |
| – Increase / (decrease) in trade payables | 48.01 | 152.32 |
| – Increase / (decrease) in other financial liabilities | (63.95) | 32.07 |
| – Increase / (decrease) in provisions | 34.63 | 13.23 |
| – Increase / (decrease) in other liabilities | 15.95 | 1.29 |
| Cash generated from operations | 41.03 | 75.21 |
| 480.49 | 535.94 | |
| Income tax paid (net of refunds) | (92.18) | (91.45) |
| Net cash flow from / (used in) operating activities (A) | 388.31 | 444.49 |
| B. Cash flow from investing activities | ||
| – Purchase of property, plant and equipment, intangible assets including capital work-in-progress, intangible assets under development and capital advances | (124.98) | (103.45) |
| – Proceeds from sale of property, plant and equipment | 0.26 | 0.76 |
| – Purchase of non current investment | – | (0.03) |
| – Investment in associate | (25.00) | – |
| – (Purchase) / sale of current investments (net) | (165.60) | 25.90 |
| – (Investment in) / redemption of fixed deposits with maturity more than 3 months (net) | (0.12) | 0.01 |
| – Loan granted to associate | (9.00) | (1.60) |
| – Loan repaid by associate | 10.60 | – |
| – Finance income | 1.02 | 1.16 |
| – Dividend received from subsidiary | 14.09 | – |
| Net cash flow (used in) / from investing activities (B) | (298.73) | (77.25) |
| C. Cash flow from financing activities | ||
| – Proceeds from exercise of share options (including share application money) | 5.97 | 8.04 |
| – Payment of principal portion of lease liabilities | (19.66) | (17.92) |
| – (Repayment of) / proceeds from short term borrowings (net) | (1.97) | (6.27) |
| – (Repayment of) / proceeds from long term borrowings | – | (273.95) |
| – Finance costs paid | (6.93) | (21.09) |
| – Dividends paid on equity shares | (65.43) | (61.05) |
| Net cash flow (used in) / from financing activities (C) | (88.02) | (372.24) |
| Net increase / (decrease) in cash and cash equivalents (A+B+C) | 1.56 | (5.00) |
| Cash and cash equivalents at the beginning of the year | 30.07 | 35.07 |
| Cash and cash equivalents at the end of the year | 31.63 | 30.07 |
| Components of cash and cash equivalents as at year end: | ||
| (a) Cash on hand | – | 0.03 |
| (b) Balances with banks: | ||
| – In current accounts | 18.63 | 25.04 |
| – In fixed deposits with original maturity of less than 3 months | 13.00 | 5.00 |
| 31.63 | 30.07 | |
| Non cash investing activities | ||
| – Acquisition of right of use assets | 11.01 | 19.19 |
| – Disposal of right of use assets | (21.81) | (4.35) |
| Sl. No | Particulars | For the three months ended | For the year ended |
|---|---|---|---|
| 31.03.2026 (Refer note 8) |
31.12.2025 (Unaudited) |