VGUARDNSEV-Guard Industries Limited· Electronics - IndustrialMediumNeutral
Announced Wed, 14 May · 14:37 IST

V-Guard Industries Limited has informed the Exchange regarding Appointment of Mr George Muthoot Jacob as Independent Director of the company w.e.f. October 05, 2025.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

V-Guard's Board approved audited standalone and consolidated results for Q4 and FY25 with an unmodified auditor opinion. Consolidated revenue from operations grew about 15% YoY to ₹5,577.82 crore and profit after tax rose roughly 22% to ₹313.72 crore, translating to a basic EPS of ₹7.17 versus ₹5.89 last year. Q4 FY25 consolidated revenue stood at ₹1,538.08 crore with PAT of ₹91.13 crore. The Board re-appointed Mithun K Chittilappilly as Managing Director for a 5-year term from April 1, 2026 and re-appointed George Muthoot Jacob as Independent Director for a second and final 5-year term from October 5, 2025, both subject to shareholder approval. A final dividend of ₹1.50 per share (150%) was recommended and the 29th AGM was scheduled for August 7, 2025. The Board also approved a ₹50 crore capex to expand the Hyderabad battery plant of subsidiary V-Guard Consumer Products by 3.96 lakh units per annum (to be completed in ~18 months, funded via internal accruals), and allotted 2,15,253 equity shares under ESOS 2013 to 7 employees.

Likely market impact

Strong topline and bottomline growth in FY25, continuity in leadership with promoter-family MD re-appointed, a healthy dividend, and a clear growth capex plan are all positive signals for shareholders. The capacity expansion targets rising demand in battery storage and supports future margin improvement.