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V-Guard Industries BSE:532953 Stock Report

Last Price

₹219.50

Market Cap

₹95.3b

7D

1.9%

1Y

-15.8%

Updated

05 Jul, 2022

Data

Company Financials +
532953 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends3/6

532953 Stock Overview

V-Guard Industries Limited manufactures, sells, and trades in electric and electronic goods in India and internationally.

V-Guard Industries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for V-Guard Industries
Historical stock prices
Current Share Price₹219.50
52 Week High₹274.80
52 Week Low₹181.90
Beta0.41
1 Month Change-6.10%
3 Month Change-1.15%
1 Year Change-15.82%
3 Year Change-7.79%
5 Year Change22.05%
Change since IPO4,083.80%

Recent News & Updates

Shareholder Returns

532953IN ElectricalIN Market
7D1.9%0.5%0.3%
1Y-15.8%12.0%-0.3%

Return vs Industry: 532953 underperformed the Indian Electrical industry which returned 12% over the past year.

Return vs Market: 532953 underperformed the Indian Market which returned -0.3% over the past year.

Price Volatility

Is 532953's price volatile compared to industry and market?
532953 volatility
532953 Average Weekly Movement3.8%
Electrical Industry Average Movement6.4%
Market Average Movement6.8%
10% most volatile stocks in IN Market9.8%
10% least volatile stocks in IN Market4.4%

Stable Share Price: 532953 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 532953's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19772,313Mithun Chittilappillyhttps://www.vguard.in

V-Guard Industries Limited manufactures, sells, and trades in electric and electronic goods in India and internationally. It operates through Electronics, Electrical, and Consumer Durables segments. The company offers a range of products, including voltage stabilizers, digital UPS, inverters and inverter batteries, electric water heaters, solar water heaters, wiring and industrial cables, fans, mixer grinders, induction and gas cooktops, gas stoves, rice cookers, grill king, toasters, kettles, chimneys, sandwich maker, kitchen hoods, water purifier, domestic pumps, agricultural pumps, electric and industrial motors, domestic switch gears, distribution boards, and modular switches, as well as solar power systems and air coolers.

V-Guard Industries Fundamentals Summary

How do V-Guard Industries's earnings and revenue compare to its market cap?
532953 fundamental statistics
Market Cap₹95.31b
Earnings (TTM)₹2.28b
Revenue (TTM)₹35.04b

41.6x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
532953 income statement (TTM)
Revenue₹35.04b
Cost of Revenue₹24.14b
Gross Profit₹10.90b
Other Expenses₹8.62b
Earnings₹2.28b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 27, 2022

Earnings per share (EPS)5.28
Gross Margin31.10%
Net Profit Margin6.50%
Debt/Equity Ratio0.8%

How did 532953 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

25%

Payout Ratio

Does 532953 pay a reliable dividends?

See 532953 dividend history and benchmarks
When do you need to buy 532953 by to receive an upcoming dividend?
V-Guard Industries dividend dates
Ex Dividend DateJul 20 2022
Dividend Pay DateAug 26 2022
Days until Ex dividend14 days
Days until Dividend pay date51 days

Does 532953 pay a reliable dividends?

See 532953 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is 532953 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 532953?

Other financial metrics that can be useful for relative valuation.

532953 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.7x
Enterprise Value/EBITDA27.8x
PEG Ratio2.7x

Price to Earnings Ratio vs Peers

How does 532953's PE Ratio compare to its peers?

532953 PE Ratio vs Peers
The above table shows the PE ratio for 532953 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average25.7x
500008 Amara Raja Batteries
15.3x17.1%₹80.4b
517569 KEI Industries
29.2x22.7%₹107.8b
FINCABLES Finolex Cables
10.1x4.0%₹58.3b
532757 Voltamp Transformers
48.5xn/a₹56.1b
532953 V-Guard Industries
41.6x15.3%₹95.3b

Price-To-Earnings vs Peers: 532953 is expensive based on its Price-To-Earnings Ratio (41.6x) compared to the peer average (25.7x).


Price to Earnings Ratio vs Industry

How does 532953's PE Ratio compare vs other companies in the IN Electrical Industry?

Price-To-Earnings vs Industry: 532953 is expensive based on its Price-To-Earnings Ratio (41.6x) compared to the Indian Electrical industry average (19.4x)


Price to Earnings Ratio vs Fair Ratio

What is 532953's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

532953 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio41.6x
Fair PE Ratio22.7x

Price-To-Earnings vs Fair Ratio: 532953 is expensive based on its Price-To-Earnings Ratio (41.6x) compared to the estimated Fair Price-To-Earnings Ratio (22.7x).


Share Price vs Fair Value

What is the Fair Price of 532953 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 532953 (₹219.5) is trading above our estimate of fair value (₹91.76)

Significantly Below Fair Value: 532953 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: 532953 is poor value based on its PEG Ratio (2.7x)


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Future Growth

How is V-Guard Industries forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532953's forecast earnings growth (15.3% per year) is above the savings rate (6.8%).

Earnings vs Market: 532953's earnings (15.3% per year) are forecast to grow slower than the Indian market (17.4% per year).

High Growth Earnings: 532953's earnings are forecast to grow, but not significantly.

Revenue vs Market: 532953's revenue (11.1% per year) is forecast to grow slower than the Indian market (11.5% per year).

High Growth Revenue: 532953's revenue (11.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 532953's Return on Equity is forecast to be low in 3 years time (19.2%).


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Past Performance

How has V-Guard Industries performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


9.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 532953 has a high level of non-cash earnings.

Growing Profit Margin: 532953's current net profit margins (6.5%) are lower than last year (7.4%).


Past Earnings Growth Analysis

Earnings Trend: 532953's earnings have grown by 9.9% per year over the past 5 years.

Accelerating Growth: 532953's earnings growth over the past year (13.4%) exceeds its 5-year average (9.9% per year).

Earnings vs Industry: 532953 earnings growth over the past year (13.4%) underperformed the Electrical industry 46.2%.


Return on Equity

High ROE: 532953's Return on Equity (16.2%) is considered low.


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Financial Health

How is V-Guard Industries's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 532953's short term assets (₹15.2B) exceed its short term liabilities (₹6.2B).

Long Term Liabilities: 532953's short term assets (₹15.2B) exceed its long term liabilities (₹678.0M).


Debt to Equity History and Analysis

Debt Level: 532953 has more cash than its total debt.

Reducing Debt: 532953's debt to equity ratio has reduced from 0.9% to 0.8% over the past 5 years.

Debt Coverage: 532953's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 532953's interest payments on its debt are well covered by EBIT (549.7x coverage).


Balance Sheet


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Dividend

What is V-Guard Industries's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.59%

Current Dividend Yield

Upcoming Dividend Payment

TodayJul 05 2022Ex Dividend DateJul 20 2022Dividend Pay DateAug 26 202237 days from Ex DividendBuy in the next 14 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 532953's dividend (0.59%) is higher than the bottom 25% of dividend payers in the Indian market (0.42%).

High Dividend: 532953's dividend (0.59%) is low compared to the top 25% of dividend payers in the Indian market (1.83%).


Stability and Growth of Payments

Stable Dividend: 532953's dividend payments have been volatile in the past 10 years.

Growing Dividend: 532953's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (24.6%), 532953's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 532953 is paying a dividend but the company has no free cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

6.4yrs

Average management tenure


CEO

Mithun Chittilappilly (42 yo)

10.25yrs

Tenure

₹52,444,000

Compensation

Mr. Mithun K. Chittilappilly has been the Managing Director and Executive Director of V-Guard Industries Limited since April 1, 2012 and April 01, 2003 respectively. Mr. Chittilappilly served as a Director...


CEO Compensation Analysis

Compensation vs Market: Mithun's total compensation ($USD664.41K) is above average for companies of similar size in the Indian market ($USD456.99K).

Compensation vs Earnings: Mithun's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 532953's management team is seasoned and experienced (6.4 years average tenure).


Board Members

Experienced Board: 532953's board of directors are considered experienced (6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 532953 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

V-Guard Industries Limited's employee growth, exchange listings and data sources


Key Information

  • Name: V-Guard Industries Limited
  • Ticker: 532953
  • Exchange: BSE
  • Founded: 1977
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: ₹95.306b
  • Shares outstanding: 431.54m
  • Website: https://www.vguard.in

Number of Employees


Location

  • V-Guard Industries Limited
  • 42/962, Vennala High School Road
  • Vennala
  • Kochi
  • Kerala
  • 682028
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/05 00:00
End of Day Share Price2022/07/05 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.