VGUARD V-Guard Industries Q1 FY27 results (Apr–Jun 2026) and concall
V-Guard Industries delivered a strong Q1 FY27, with consolidated revenue growing 23.5% and PAT up 76%, driven by a favorable summer season and effective pricing actions. EBITDA margin expanded to 10.5%, and the company achieved a robust net cash position. While all segments showed double-digit growth, wires experienced minimal volume growth due to high price hikes, and air coolers faced headwinds. The company is focused on integrating Sunflame, expanding into solar and lighting, and maintaining strong margins despite commodity volatility.
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What they filed
Q1 FY27: revenue up 23.5%, net profit up 92.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,229 | 1,185 | 1,480 | 1,406 | 1,272 +3% | 1,326 +12% | 1,687 +14% | 1,737 +24% |
| EBITDA | 91 | 83 | 121 | 94 | 85 −7% | 96 +16% | 143 +18% | 155 +65% |
| Net profit | 52 | 48 | 78 | 56 | 66 +27% | 42 −12% | 95 +22% | 108 +93% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





