V-Guard Industries Limited

NSEI:VGUARD Stock Report

Market Cap: ₹165.3b

V-Guard Industries Management

Management criteria checks 3/4

V-Guard Industries' CEO is Mithun Chittilappilly, appointed in Apr 2012, has a tenure of 13.17 years. total yearly compensation is ₹77.04M, comprised of 36.6% salary and 63.4% bonuses, including company stock and options. directly owns 24.71% of the company’s shares, worth ₹40.35B. The average tenure of the management team and the board of directors is 5.2 years and 4.7 years respectively.

Key information

Mithun Chittilappilly

Chief executive officer

₹77.0m

Total compensation

CEO salary percentage36.60%
CEO tenure13.2yrs
CEO ownership24.7%
Management average tenure5.2yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

V-Guard Industries Limited (NSE:VGUARD) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year

May 17
V-Guard Industries Limited (NSE:VGUARD) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Does V-Guard Industries (NSE:VGUARD) Deserve A Spot On Your Watchlist?

May 06
Does V-Guard Industries (NSE:VGUARD) Deserve A Spot On Your Watchlist?

Capital Allocation Trends At V-Guard Industries (NSE:VGUARD) Aren't Ideal

Apr 09
Capital Allocation Trends At V-Guard Industries (NSE:VGUARD) Aren't Ideal

Subdued Growth No Barrier To V-Guard Industries Limited's (NSE:VGUARD) Price

Mar 08
Subdued Growth No Barrier To V-Guard Industries Limited's (NSE:VGUARD) Price

V-Guard Industries Limited Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

Jan 31
V-Guard Industries Limited Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

We Ran A Stock Scan For Earnings Growth And V-Guard Industries (NSE:VGUARD) Passed With Ease

Jan 09
We Ran A Stock Scan For Earnings Growth And V-Guard Industries (NSE:VGUARD) Passed With Ease

Here's What's Concerning About V-Guard Industries' (NSE:VGUARD) Returns On Capital

Dec 21
Here's What's Concerning About V-Guard Industries' (NSE:VGUARD) Returns On Capital

We Think V-Guard Industries (NSE:VGUARD) Can Manage Its Debt With Ease

Nov 26
We Think V-Guard Industries (NSE:VGUARD) Can Manage Its Debt With Ease

V-Guard Industries Limited (NSE:VGUARD) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

Nov 02
V-Guard Industries Limited (NSE:VGUARD) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

Subdued Growth No Barrier To V-Guard Industries Limited's (NSE:VGUARD) Price

Sep 21
Subdued Growth No Barrier To V-Guard Industries Limited's (NSE:VGUARD) Price

We Think V-Guard Industries (NSE:VGUARD) Can Manage Its Debt With Ease

Aug 14
We Think V-Guard Industries (NSE:VGUARD) Can Manage Its Debt With Ease

V-Guard Industries Limited Just Beat EPS By 21%: Here's What Analysts Think Will Happen Next

Jul 27
V-Guard Industries Limited Just Beat EPS By 21%: Here's What Analysts Think Will Happen Next

Returns On Capital Signal Tricky Times Ahead For V-Guard Industries (NSE:VGUARD)

Jun 27
Returns On Capital Signal Tricky Times Ahead For V-Guard Industries (NSE:VGUARD)

Getting In Cheap On V-Guard Industries Limited (NSE:VGUARD) Is Unlikely

Jun 09
Getting In Cheap On V-Guard Industries Limited (NSE:VGUARD) Is Unlikely

Here's Why We Think V-Guard Industries (NSE:VGUARD) Is Well Worth Watching

May 22
Here's Why We Think V-Guard Industries (NSE:VGUARD) Is Well Worth Watching

Is V-Guard Industries (NSE:VGUARD) A Risky Investment?

Mar 21
Is V-Guard Industries (NSE:VGUARD) A Risky Investment?

V-Guard Industries Limited Just Recorded A 8.6% EPS Beat: Here's What Analysts Are Forecasting Next

Feb 04
V-Guard Industries Limited Just Recorded A 8.6% EPS Beat: Here's What Analysts Are Forecasting Next

Getting In Cheap On V-Guard Industries Limited (NSE:VGUARD) Might Be Difficult

Jan 05
Getting In Cheap On V-Guard Industries Limited (NSE:VGUARD) Might Be Difficult

Some Investors May Be Worried About V-Guard Industries' (NSE:VGUARD) Returns On Capital

Nov 29
Some Investors May Be Worried About V-Guard Industries' (NSE:VGUARD) Returns On Capital

These 4 Measures Indicate That V-Guard Industries (NSE:VGUARD) Is Using Debt Reasonably Well

Aug 10
These 4 Measures Indicate That V-Guard Industries (NSE:VGUARD) Is Using Debt Reasonably Well

V-Guard Industries (NSE:VGUARD) May Have Issues Allocating Its Capital

Jun 22
V-Guard Industries (NSE:VGUARD) May Have Issues Allocating Its Capital

V-Guard Industries (NSE:VGUARD) Might Become A Compounding Machine

Oct 26
V-Guard Industries (NSE:VGUARD) Might Become A Compounding Machine

V-Guard Industries (NSE:VGUARD) Has A Pretty Healthy Balance Sheet

Sep 30
V-Guard Industries (NSE:VGUARD) Has A Pretty Healthy Balance Sheet

Here's Why We Think V-Guard Industries (NSE:VGUARD) Might Deserve Your Attention Today

Aug 03
Here's Why We Think V-Guard Industries (NSE:VGUARD) Might Deserve Your Attention Today

V-Guard Industries (NSE:VGUARD) Will Pay A Larger Dividend Than Last Year At ₹1.30

Jul 06
V-Guard Industries (NSE:VGUARD) Will Pay A Larger Dividend Than Last Year At ₹1.30

We Think V-Guard Industries (NSE:VGUARD) Can Stay On Top Of Its Debt

Jun 14
We Think V-Guard Industries (NSE:VGUARD) Can Stay On Top Of Its Debt

V-Guard Industries' (NSE:VGUARD) Shareholders Will Receive A Bigger Dividend Than Last Year

May 22
V-Guard Industries' (NSE:VGUARD) Shareholders Will Receive A Bigger Dividend Than Last Year

Investors Could Be Concerned With V-Guard Industries' (NSE:VGUARD) Returns On Capital

Feb 13
Investors Could Be Concerned With V-Guard Industries' (NSE:VGUARD) Returns On Capital

I Ran A Stock Scan For Earnings Growth And V-Guard Industries (NSE:VGUARD) Passed With Ease

Oct 19
I Ran A Stock Scan For Earnings Growth And V-Guard Industries (NSE:VGUARD) Passed With Ease

We Think Some Shareholders May Hesitate To Increase V-Guard Industries Limited's (NSE:VGUARD) CEO Compensation

Jul 29
We Think Some Shareholders May Hesitate To Increase V-Guard Industries Limited's (NSE:VGUARD) CEO Compensation

CEO Compensation Analysis

How has Mithun Chittilappilly's remuneration changed compared to V-Guard Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

₹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 ($USD902.26K) is above average for companies of similar size in the Indian market ($USD524.08K).

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

CEO

Mithun Chittilappilly (45 yo)

13.2yrs
Tenure
₹77,044,000
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 Director13.2yrs₹77.04m24.71%
₹ 40.9b
Sudarshan Kasturi
Senior VP & CFO8yrs₹293.00kno data
Ramachandran Venkataraman
COO, Business Responsibility Head & Whole Time Director9yrs₹191.23mno data
Vikas Tak
Company Secretary & Compliance Officer2.3yrs₹52.00kno data
Antony Sebastian K.
Executive Director2.1yrs₹12.07mno data
Atul Singh
Chief Information Officerless than a yearno datano data
Roopak Ahluwalia
Sr GM & Head of Legalno datano datano data
Nandagopal Nair
Vice President of Brand & Communicationsno datano datano data
Vikram Singh
Sr General Manager & Head Salesno datano datano data
R. Balaji
Asst Vice President of Marketingno datano datano data
Venkateshwaran Sundaram
Vice President - HRno datano datano data
Amit Jain
Assistant VPno datano datano data
5.2yrs
Average Tenure
60yo
Average Age

Experienced Management: VGUARD's management team is seasoned and experienced (5.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mithun Chittilappilly
MD & Executive Director22.2yrs₹77.04m24.71%
₹ 40.9b
Ramachandran Venkataraman
COO, Business Responsibility Head & Whole Time Director12yrs₹191.23mno data
Antony Sebastian K.
Executive Director2.1yrs₹12.07mno data
Radha Unni
Independent Non-Executive Chairman6.8yrs₹1.58mno data
Ishwar Subramanian
Independent Non-Executive Director2.1yrs₹400.00kno data
Biju Varkkey
Additional Independent Director4.1yrs₹1.00mno data
George Jacob
Independent Director4.7yrs₹1.38mno data
4.7yrs
Average Tenure
62yo
Average Age

Experienced Board: VGUARD's board of directors are considered experienced (4.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/02 15:10
End of Day Share Price 2025/06/02 00:00
Earnings2025/03/31
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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 35 analysts. 17 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
Prasheel GandhiAnand Rathi Shares and Stock Brokers Limited