VGUARD

What V-Guard Industries promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 18 tracked 2 delivered 4 missed 12 open
  • Sunflame Revenue Growth delivered said Q3 FY25 Promised: mid-teens to high teens Q1 FY27: Sunflame reported 18.3% YoY revenue growth, meeting the 'high teens' part of the original target for the first time after a series of misses.
  • FY26 Revenue Growth missed said Q4 FY25 Promised: 14% to 15% Q1 FY27: This is a historical promise for a completed fiscal year. No new updates are expected.
  • FY27 Revenue Growth revised up said Q4 FY26 Promised: 15% (10-12% volume + 1-2% price) Q1 FY27: After 23.5% YoY growth in Q1, management stated growth 'will be more than 15%' for FY27, revising the guidance upwards.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 18 tracked commitments for V-Guard Industries — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens