V-Guard Industries Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 10400.16 Crore) operating in Consumer Durables sector.
V-Guard Industries Ltd. key Products/Revenue Segments include Electricals, Consumer Durables, Electronics & Mechanical Components, Scrap, Other Operating Revenue and Sale of services for the year ending 31-Mar-2022.
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 1023.41 Crore, down -3.62 % from last quarter Total Income of Rs 1061.85 Crore and up 79.84 % from last year same quarter Total Income of Rs 569.06 Crore. Company reported net profit after tax of Rs 53.37 Crore in latest quarter.
VGRD offers robust growth prospects due to (1) Scale up in diversified product categories, (2) Rising share of in-house manufacturing, (3) Penetrating Non-South region (47% of total Q1FY23 sales) and (4) High potential of distribution reach expansion and alternate sales channels.
Promoters held 55.88 per cent stake in the company as of 30-Jun-2022, while FIIs owned 12.39 per cent, DIIs 18.09 per cent.
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