V-Guard Industries Limited has informed the Exchange regarding Allotment of 4500 Shares.
VGUARD · price
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Awaiting price reaction for this filing.
V-Guard's board approved Q1 FY26 results: standalone revenue stood at ₹1,406.38 crores (vs ₹1,414.53 crores YoY), while standalone profit after tax fell to ₹55.71 crores from ₹81.88 crores last year, with EPS at ₹1.27 (vs ₹1.87). Consolidated revenue was ₹1,466.08 crores with profit of ₹73.85 crores. The Consumer Durables segment posted a loss of ₹7.17 crores, while Electronics remained the strongest contributor at ₹104.87 crores in segment results. The board allotted 4,500 equity shares under ESOS 2013 to an employee and gave in-principle approval to merge its wholly-owned subsidiary Sunflame Enterprises (FY25 turnover ₹254.39 crores, PAT ₹3.29 crores) into the company, with no change in shareholding pattern. The company also announced entry into the Lighting Business to diversify beyond its existing Electronics, Electricals, and Consumer Durables portfolio.
Q1 profits declined around 25-32% YoY with margin pressure, especially in Consumer Durables, which may weigh on the stock in the short term. The Sunflame merger is non-dilutive and should bring operational synergies, while the Lighting foray signals long-term diversification but investment details are yet to be finalized.