V-Guard Industries Limited

BSE:532953 Stock Report

Market Cap: ₹160.2b

V-Guard Industries Management

Management criteria checks 2/4

V-Guard Industries' CEO is Mithun Chittilappilly, appointed in Apr 2012, has a tenure of 13.5 years. total yearly compensation is ₹94.71M, comprised of 35.5% salary and 64.5% bonuses, including company stock and options. directly owns 24.7% of the company’s shares, worth ₹39.56B. The average tenure of the management team and the board of directors is 2.7 years and 5 years respectively.

Key information

Mithun Chittilappilly

Chief executive officer

₹94.7m

Total compensation

CEO salary percentage35.52%
CEO tenure13.5yrs
CEO ownership24.7%
Management average tenure2.7yrs
Board average tenure5yrs

Recent management updates

Recent updates

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In-House Manufacturing Expansion Will Reduce Costs And Improve Margins

V-Guard's expansion in in-house manufacturing and premium product lines may boost operational efficiency and improve gross and net margins.

CEO Compensation Analysis

How has Mithun Chittilappilly's remuneration changed compared to V-Guard Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

₹3b

Mar 31 2025₹95m₹34m

₹3b

Dec 31 2024n/an/a

₹3b

Sep 30 2024n/an/a

₹3b

Jun 30 2024n/an/a

₹3b

Mar 31 2024₹77m₹28m

₹3b

Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹69m₹24m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹3b

Mar 31 2022₹65m₹17m

₹2b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹2b

Mar 31 2021₹52m₹14m

₹2b

Dec 31 2020n/an/a

₹2b

Sep 30 2020n/an/a

₹1b

Jun 30 2020n/an/a

₹1b

Mar 31 2020₹48m₹14m

₹2b

Dec 31 2019n/an/a

₹2b

Sep 30 2019n/an/a

₹2b

Jun 30 2019n/an/a

₹2b

Mar 31 2019₹42m₹11m

₹2b

Compensation vs Market: Mithun's total compensation ($USD1.07M) is above average for companies of similar size in the Indian market ($USD548.61K).

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

CEO

Mithun Chittilappilly (45 yo)

13.5yrs
Tenure
₹94,713,000
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...

Leadership Team

NamePositionTenureCompensationOwnership
Mithun Chittilappilly
MD & Executive Director13.5yrs₹94.71m24.7%
₹ 39.6b
Sudarshan Kasturi
Senior VP & CFO8.3yrs₹18.56mno data
Ramachandran Venkataraman
COO, Business Responsibility Head & Whole Time Director9.3yrs₹331.75m0.57%
₹ 910.8m
Vikas Tak
Company Secretary & Compliance Officer2.7yrs₹2.28mno data
Nandagopal Nair
VP and Head of Brand & Communicationsno datano datano data
Deepak Augustine
Senior Vice President of Marketingno datano datano data
Antony Sebastian K.
Executive Director2.4yrs₹13.53mno data
Kochouseph Chittilappilly
Founder & Promoterless than a year₹15.49m13.63%
₹ 21.8b
Atul Singh
Chief Information Officer1.2yrsno datano data
Roopak Ahluwalia
Sr GM & Head of Legalno datano datano data
Vikram Singh
Sr General Manager & Head Salesno datano datano data
Venkateshwaran Sundaram
Vice President - HRno datano datano data
2.7yrs
Average Tenure
60yo
Average Age

Experienced Management: 532953's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mithun Chittilappilly
MD & Executive Director22.5yrs₹94.71m24.7%
₹ 39.6b
Ramachandran Venkataraman
COO, Business Responsibility Head & Whole Time Director12.3yrs₹331.75m0.57%
₹ 910.8m
Antony Sebastian K.
Executive Director2.4yrs₹13.53mno data
Radha Unni
Independent Non-Executive Chairman7.1yrs₹1.38mno data
Ishwar Subramanian
Independent Non-Executive Director2.4yrs₹1.18mno data
Biju Varkkey
Independent Director4.4yrs₹1.00mno data
George Jacob
Independent Director5yrs₹1.18mno data
5.0yrs
Average Tenure
62yo
Average Age

Experienced Board: 532953's board of directors are considered experienced (5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/04 09:03
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

V-Guard Industries Limited is covered by 39 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Manish ValechaAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited