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V-Guard Industries Limited (NSE:VGUARD) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Investors in V-Guard Industries Limited (NSE:VGUARD) had a good week, as its shares rose 2.3% to close at ₹375 following the release of its full-year results. It looks like the results were a bit of a negative overall. While revenues of ₹56b were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 3.0% to hit ₹7.14 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
Taking into account the latest results, the current consensus from V-Guard Industries' 16 analysts is for revenues of ₹63.2b in 2026. This would reflect a meaningful 13% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to jump 27% to ₹9.14. In the lead-up to this report, the analysts had been modelling revenues of ₹63.5b and earnings per share (EPS) of ₹9.44 in 2026. The analysts seem to have become a little more negative on the business after the latest results, given the minor downgrade to their earnings per share numbers for next year.
View our latest analysis for V-Guard Industries
It might be a surprise to learn that the consensus price target was broadly unchanged at ₹432, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values V-Guard Industries at ₹530 per share, while the most bearish prices it at ₹344. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the V-Guard Industries' past performance and to peers in the same industry. We would highlight that V-Guard Industries' revenue growth is expected to slow, with the forecast 13% annualised growth rate until the end of 2026 being well below the historical 18% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 21% per year. Factoring in the forecast slowdown in growth, it seems obvious that V-Guard Industries is also expected to grow slower than other industry participants.
The Bottom Line
The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that V-Guard Industries' revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
With that in mind, we wouldn't be too quick to come to a conclusion on V-Guard Industries. Long-term earnings power is much more important than next year's profits. We have forecasts for V-Guard Industries going out to 2028, and you can see them free on our platform here.
You should always think about risks though. Case in point, we've spotted 1 warning sign for V-Guard Industries you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NSEI:VGUARD
V-Guard Industries
Manufactures and sells electrical and electronic products in India and internationally.
Flawless balance sheet with proven track record and pays a dividend.
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