BSE:532953

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Executive Summary

V-Guard Industries Limited, a consumer electrical company, manufactures, trades, and sells electrical/electro mechanical and electronic goods in India and internationally.


Snowflake Analysis

Outstanding track record with flawless balance sheet.


Similar Companies

Share Price & News

How has V-Guard Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532953 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

8.0%

532953

12.8%

IN Electrical

8.2%

IN Market


1 Year Return

-21.7%

532953

-36.5%

IN Electrical

-18.2%

IN Market

Return vs Industry: 532953 exceeded the Indian Electrical industry which returned -40.3% over the past year.

Return vs Market: 532953 underperformed the Indian Market which returned -20.6% over the past year.


Shareholder returns

532953IndustryMarket
7 Day8.0%12.8%8.2%
30 Day4.1%1.5%1.5%
90 Day-10.1%-17.5%-11.5%
1 Year-21.1%-21.7%-35.1%-36.5%-16.6%-18.2%
3 Year-1.1%-2.6%-33.6%-36.0%-6.1%-11.1%
5 Year201.5%193.4%-37.3%-40.5%19.2%8.0%

Price Volatility Vs. Market

How volatile is V-Guard Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

1 year ago | Simply Wall St

Top Growth Stocks in June

1 year ago | Simply Wall St

Top Growth Stocks in June

1 year ago | Simply Wall St

Top Growth Stocks in June

Valuation

Is V-Guard Industries undervalued compared to its fair value and its price relative to the market?

36.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 532953 (₹184) is trading above our estimate of fair value (₹35.11)

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


Price To Earnings Ratio

PE vs Industry: 532953 is poor value based on its PE Ratio (36.4x) compared to the Electrical industry average (10.3x).

PE vs Market: 532953 is poor value based on its PE Ratio (36.4x) compared to the Indian market (10x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532953's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532953 is overvalued based on its PB Ratio (8.2x) compared to the IN Electrical industry average (0.6x).


Next Steps

Future Growth

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

5.0%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 532953's forecast earnings growth is above the savings rate (7.2%).

Earnings vs Market: Insufficient data to determine if 532953's earnings are forecast to grow faster than the Indian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 532953's revenue (5% per year) is forecast to grow slower than the Indian market (7.2% per year).

High Growth Revenue: 532953's revenue (5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 532953's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

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

17.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532953 has high quality earnings.

Growing Profit Margin: 532953's current net profit margins (8%) are higher than last year (5.3%).


Past Earnings Growth Analysis

Earnings Trend: 532953's earnings have grown by 17.9% per year over the past 5 years.

Accelerating Growth: 532953's earnings growth over the past year (59.7%) exceeds its 5-year average (17.9% per year).

Earnings vs Industry: 532953 earnings growth over the past year (59.7%) exceeded the Electrical industry 7.6%.


Return on Equity

High ROE: 532953's Return on Equity (22.5%) is considered high.


Next Steps

Financial Health

How is V-Guard Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 532953's short term assets (₹11.2B) exceed its short term liabilities (₹4.5B).

Long Term Liabilities: 532953's short term assets (₹11.2B) exceed its long term liabilities (₹462.3M).


Debt to Equity History and Analysis

Debt Level: 532953's debt to equity ratio (1.5%) is considered satisfactory.

Reducing Debt: 532953's debt to equity ratio has reduced from 32.9% to 1.5% over the past 5 years.

Debt Coverage: 532953's debt is well covered by operating cash flow (1219.4%).

Interest Coverage: 532953 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

0.49%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 532953's dividend (0.49%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.84%).

High Dividend: 532953's dividend (0.49%) is low compared to the top 25% of dividend payers in the Indian market (3.55%).


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.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (15.8%), 532953's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 532953's dividends in 3 years are forecast to be well covered by earnings (21.8% payout ratio).


Next Steps

Management

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

4.3yrs

Average management tenure


CEO

Mithun Chittilappilly (39yo)

8.17yrs

Tenure

₹42,260,000

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 ($USD558.91K) is about average for companies of similar size in the Indian market ($USD468.45K).

Compensation vs Earnings: Mithun's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Mithun Chittilappilly
MD & Executive Director8.17yrs₹42.26m25.14% 19.8b
Sudarshan Kasturi
Senior VP & CFO3yrs₹24.49m0.0032% 2.5m
Ramachandran Venkataraman
COO, Business Responsibility Head & Whole Time Director7yrs₹22.02m0.099% 77.8m
K. Jayasree
Compliance Officer & Company Secretary4.58yrs₹3.72m0.016% 12.5m
A. Joy
VP & Chief Information Officerno datano datano data
Roopak Ahluwalia
GM - Head & Legalno datano datano data
Sumit Jha
Senior General Manager of Marketingno datano datano data
Amit Jain
GM and Head of Emerging Channels & Digital Initiativeno datano datano data
Arunabha Dhar
Branch Head of Puneno datano datano data
Shaik Parwez
Head of Logistics & Warehousingno datano datano data

4.3yrs

Average Tenure

49yo

Average Age

Experienced Management: 532953's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mithun Chittilappilly
MD & Executive Director8.17yrs₹42.26m25.14% 19.8b
Ramachandran Venkataraman
COO, Business Responsibility Head & Whole Time Director7yrs₹22.02m0.099% 77.8m
Kasaragod Kamath
Independent Non-Executive Director6.08yrs₹260.00kno data
Cherian Punnoose
Chairman of the Board0.17yr₹1.33mno data
C. George
Independent Non-Executive Director12.83yrs₹250.00kno data
Radha Unni
Independent Non-Executive Director1.75yrs₹165.00kno data
Kochouseph Chittilappilly
Chairman Emeritus0.17yr₹13.59m26.38% 20.8b
Jayaraj Balakrishnan
Additional Non-Executive Non-Independent Director0.17yrno datano data
Joshna Thomas
Non-Executive Non-Independent Director6.08yrs₹5.67mno data

6.1yrs

Average Tenure

56yo

Average Age

Experienced Board: 532953's board of directors are considered experienced (6.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 532953 insiders have sold more shares than they have bought 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 company bio, 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
  • Market Cap: ₹78.805b
  • Shares outstanding: 428.29m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VGUARDNSEI (National Stock Exchange of India)INR1ININRNo data
532953BSE (Mumbai Stock Exchange)INR1ININRNo data
532953BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2008
VGUARDNSEI (National Stock Exchange of India)YesEquity SharesININRMar 2008

Biography

V-Guard Industries Limited, a consumer electrical company, manufactures, trades, and sells electrical/electro mechanical and electronic goods in India and internationally. The company operates through Electronics, Electrical, and Consumer Durables segments. It offers a range of products, including voltage stabilizers, UPS, inverters and inverter batteries, electric water heaters, solar water heaters, wiring cables, fans, mixer grinders, induction cooktops, domestic pumps, agricultural pumps, industrial motors, domestic switch gears, distribution boards, and industrial cables, as well as solar inverters, gas stoves, and air coolers. The company sells its products through distributors, dealers, retailers, and service centers. V-Guard Industries Limited was founded in 1977 and is based in Kochi, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/01 13:56
End of Day Share Price2020/06/01 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.