NSEI:VGUARD

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Executive Summary

V-Guard Industries Limited, a consumer electrical company, manufactures, trades, and sells electric and electronic goods in India and internationally. More Details


Snowflake Analysis

Flawless balance sheet with high growth potential.


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: VGUARD has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.1%

VGUARD

2.5%

IN Electrical

-1.1%

IN Market


1 Year Return

-31.7%

VGUARD

-20.0%

IN Electrical

-1.4%

IN Market

Return vs Industry: VGUARD underperformed the Indian Electrical industry which returned -20% over the past year.

Return vs Market: VGUARD underperformed the Indian Market which returned -1.4% over the past year.


Shareholder returns

VGUARDIndustryMarket
7 Day4.1%2.5%-1.1%
30 Day1.2%2.6%2.0%
90 Day4.8%8.8%6.4%
1 Year-31.4%-31.7%-17.9%-20.0%0.4%-1.4%
3 Year-23.2%-24.1%-29.2%-32.9%-3.9%-8.6%
5 Year175.0%168.9%-14.3%-19.6%38.9%28.5%

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

Valuation

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

54.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: VGUARD (₹170.7) is trading above our estimate of fair value (₹19.47)

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


Price To Earnings Ratio

PE vs Industry: VGUARD is poor value based on its PE Ratio (54.9x) compared to the IN Electrical industry average (15.3x).

PE vs Market: VGUARD is poor value based on its PE Ratio (54.9x) compared to the Indian market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: VGUARD is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: VGUARD is overvalued based on its PB Ratio (7.2x) compared to the IN Electrical industry average (0.7x).


Next Steps

Future Growth

How is V-Guard Industries forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

44.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VGUARD's forecast earnings growth (44.9% per year) is above the savings rate (7.2%).

Earnings vs Market: VGUARD's earnings (44.9% per year) are forecast to grow faster than the Indian market (25.7% per year).

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

Revenue vs Market: VGUARD's revenue (21.8% per year) is forecast to grow faster than the Indian market (11.3% per year).

High Growth Revenue: VGUARD's revenue (21.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if VGUARD'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?

10.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VGUARD has high quality earnings.

Growing Profit Margin: VGUARD's current net profit margins (6%) are lower than last year (7.7%).


Past Earnings Growth Analysis

Earnings Trend: VGUARD's earnings have grown by 10% per year over the past 5 years.

Accelerating Growth: VGUARD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VGUARD had negative earnings growth (-36.4%) over the past year, making it difficult to compare to the Electrical industry average (-13.5%).


Return on Equity

High ROE: VGUARD's Return on Equity (13.2%) is considered low.


Next Steps

Financial Health

How is V-Guard Industries's financial position?


Financial Position Analysis

Short Term Liabilities: VGUARD's short term assets (₹10.6B) exceed its short term liabilities (₹4.1B).

Long Term Liabilities: VGUARD's short term assets (₹10.6B) exceed its long term liabilities (₹469.1M).


Debt to Equity History and Analysis

Debt Level: VGUARD's debt to equity ratio (1.3%) is considered satisfactory.

Reducing Debt: VGUARD's debt to equity ratio has reduced from 17.7% to 1.3% over the past 5 years.

Debt Coverage: VGUARD's debt is well covered by operating cash flow (2476.5%).

Interest Coverage: VGUARD 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?

0.53%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VGUARD's dividend (0.53%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.56%).

High Dividend: VGUARD's dividend (0.53%) is low compared to the top 25% of dividend payers in the Indian market (2.31%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.3%), VGUARD's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

4.6yrs

Average management tenure


CEO

Mithun Chittilappilly (40 yo)

8.5yrs

Tenure

₹48,077,000

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 ($USD647.95K) is above average for companies of similar size in the Indian market ($USD388.44K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Mithun Chittilappilly
MD & Executive Director8.5yrs₹48.08m25.11%
₹ 18.3b
Sudarshan Kasturi
Senior VP & CFO3.33yrs₹32.47m0.00026%
₹ 189.9k
Ramachandran Venkataraman
COO, Business Responsibility Head & Whole Time Director7.33yrs₹24.05m0.099%
₹ 72.0m
K. Jayasree
Compliance Officer & Company Secretary4.92yrs₹3.79m0.016%
₹ 11.5m
A. Joy
VP & Chief Information Officerno datano datano data
Roopak Ahluwalia
GM - Head & Legalno datano data0%
₹ 0
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
M. Murlidharan
Chief Manager of Marketingno data₹590.46k0.065%
₹ 47.5m

4.6yrs

Average Tenure

53yo

Average Age

Experienced Management: VGUARD's management team is considered experienced (4.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mithun Chittilappilly
MD & Executive Director8.5yrs₹48.08m25.11%
₹ 18.3b
Ramachandran Venkataraman
COO, Business Responsibility Head & Whole Time Director7.33yrs₹24.05m0.099%
₹ 72.0m
Kasaragod Kamath
Independent Non-Executive Director6.42yrs₹370.00kno data
Cherian Punnoose
Independent Chairman of the Board0.50yr₹1.50mno data
Chenayappillil George
Independent Non-Executive Director13.17yrs₹380.00kno data
Radha Unni
Independent Non-Executive Director2.08yrs₹460.00kno data
Kochouseph Chittilappilly
Chairman Emeritus0.50yr₹15.49m17.17%
₹ 12.5b
Jayaraj Balakrishnan
Additional Non-Executive Non-Independent Director0.50yrno data0.035%
₹ 25.5m
Joshna Thomas
Non-Executive Non-Independent Director6.42yrs₹5.67mno data
George Jacob
Independent Directorno datano datano data

6.4yrs

Average Tenure

61yo

Average Age

Experienced Board: VGUARD's board of directors are considered experienced (6.4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: VGUARD 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: VGUARD
  • Exchange: NSEI
  • Founded: 1977
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: ₹73.044b
  • Shares outstanding: 428.91m
  • 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
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 electric and electronic goods in India and internationally. It operates through Electronics, Electrical, and Consu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 12:51
End of Day Share Price2020/10/28 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.