Outcome of Board meeting 12.05.2026
VGUARD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
V-Guard Industries reported audited FY2025-26 results with standalone revenue of Rs 5,691.78 crore (up 7.2% YoY) and consolidated revenue of Rs 5,965.78 crore (up 7% YoY). Consolidated PAT declined marginally to Rs 308.33 crore from Rs 313.72 crore in the prior year, while standalone PAT stood at Rs 259.37 crore. The company recorded an exceptional item of Rs 20.91 crore (standalone) and Rs 22.11 crore (consolidated) due to the implementation of new labour codes. The Board appointed Ms. Usha Sunny as Additional Director (Independent) and approved allotment of 87,239 equity shares under ESOS 2013 to employees. Auditors gave an unmodified (clean) opinion on the financial statements. The Board recommended a final dividend of Rs 1.50 per share (150%) for shareholder approval at the AGM scheduled on August 11, 2026.
V-Guard delivered modest revenue growth but saw a slight dip in profitability due to one-time labour code compliance costs. The clean audit opinion and dividend recommendation are positive signals for shareholders. The stock has seen recent ESOP dilution with 87,239 new shares allotted.