V-Guard Key Ratios
NSE: VGUARD | BSE: 532953
₹304.50
As on 13-Nov-2026IST
Market cap
₹13,329 Cr
Revenue (TTM)
₹6,822 Cr
P/E Ratio
32.4
P/B Ratio
5.2
Div. Yield
0.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 2.33 | 38.18 | 21.53 | 15.14 | 16.62 |
| EBIT | -14.86 | 68.94 | 44.45 | 23.72 | 10.95 |
| Net Profit | -14.26 | 71.04 | 47.14 | 25.71 | 13.14 |
| EPS | -14.27 | 70.68 | 41.20 | 23.72 | 11.91 |
| Book Value | -- | -- | 12.39 | 14.12 | 14.01 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 6.24 | 7.17 | 7.94 | 7.02 | 7.47 |
| Net Margin
| 4.81 | 5.41 | 5.99 | 5.15 | 5.60 |
| Return on equity
| 13.65 | 15.39 | 17.32 | 14.14 | 16.38 |
| Return on Capital
| 17.09 | 19.31 | -- | 18.72 | 20.81 |
| Return on Assets
| 8.44 | 9.21 | 10.80 | 8.78 | 9.68 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.01 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
--
|
18.72
|
20.81
|
18.38
|
15.78
|
|
Peer Median
|
--
|
18.16
|
14.85
|
12.05
|
--
|
ROE
17.32
Higher than Peers by 7.54
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
17.32
|
14.14
|
16.38
|
15.53
|
13.00
|
|
Peer Median
|
9.78
|
13.74
|
12.08
|
10.77
|
--
|
ROA
10.80
Higher than Peers by 3.26
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
10.80
|
8.78
|
9.68
|
8.51
|
7.57
|
|
Peer Median
|
7.54
|
9.65
|
7.06
|
6.31
|
--
|
EBIT Margin
7.94
Lower than Peers by 1.30
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
7.94
|
7.02
|
7.47
|
7.10
|
5.93
|
|
Peer Median
|
9.24
|
37.72
|
10.52
|
8.33
|
--
|
Net Margin
5.99
Higher than Peers by 0.30
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
5.99
|
5.15
|
5.60
|
5.27
|
4.55
|
|
Peer Median
|
5.69
|
10.45
|
6.78
|
4.38
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
--
|
6.51
|
6.85
|
6.49
|
5.79
|
|
Peer Median
|
--
|
0.00
|
--
|
--
|
--
|
Revenue Growth
21.53
Higher than Peers by 8.23
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
21.53
|
6.96
|
14.85
|
17.68
|
17.91
|
|
Peer Median
|
13.29
|
159.91
|
35.23
|
34.68
|
--
|
EBIT Growth
44.45
Higher than Peers by 21.84
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
44.45
|
0.43
|
20.84
|
40.91
|
-15.88
|
|
Peer Median
|
22.61
|
193.74
|
46.23
|
63.29
|
--
|
Net Profit Growth
47.14
Higher than Peers by 31.92
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
47.14
|
-1.71
|
21.80
|
36.25
|
-17.24
|
|
Peer Median
|
15.22
|
197.09
|
57.82
|
138.55
|
--
|
EPS Growth
41.20
Higher than Peers by 25.08
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
41.20
|
-1.94
|
21.40
|
35.51
|
-17.07
|
|
Peer Median
|
16.13
|
109.28
|
57.62
|
162.50
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
--
|
12.64
|
15.25
|
15.71
|
12.25
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
--
|
0.00
|
0.01
|
0.16
|
0.27
|
|
Peer Median
|
0.00
|
0.09
|
0.17
|
0.31
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
--
|
0.00
|
0.01
|
0.01
|
0.09
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.70
Lower than Peers by 0.53
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
1.70
|
1.80
|
1.71
|
1.63
|
1.84
|
|
Peer Median
|
2.23
|
2.44
|
2.24
|
1.88
|
--
|
Quick Ratio
0.80
Lower than Peers by 0.90
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
0.80
|
0.86
|
0.74
|
0.82
|
0.90
|
|
Peer Median
|
1.70
|
385.19
|
1.96
|
1.75
|
--
|
Interest Coverage
46.36
Higher than Peers by 34.99
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
46.36
|
33.95
|
17.89
|
9.61
|
16.80
|
|
Peer Median
|
11.37
|
15.79
|
7.08
|
5.15
|
--
|
Operating Efficiency
Debtors to sales
5.70
Lower than Peers by 13.45
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
5.70
|
8.93
|
9.72
|
12.27
|
13.50
|
|
Peer Median
|
19.15
|
137.82
|
26.22
|
32.77
|
--
|
Asset Turnover
1.79
Higher than Peers by 0.95
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
1.79
|
1.82
|
1.85
|
1.72
|
1.75
|
|
Peer Median
|
0.84
|
2.42
|
1.28
|
1.54
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
--
|
30.68
|
34.74
|
40.37
|
43.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
--
|
57.67
|
55.22
|
55.31
|
67.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
--
|
67.06
|
61.95
|
58.98
|
59.58
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
--
|
21.28
|
28.02
|
36.70
|
51.60
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
32.42
Lower than Peers by 0.21
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
32.42
|
44.56
|
49.68
|
55.90
|
57.16
|
|
Peer Median
|
32.63
|
32.42
|
49.68
|
68.08
|
--
|
Price / Book Value
5.20
Higher than Peers by 1.46
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
5.20
|
5.95
|
7.60
|
8.09
|
7.03
|
|
Peer Median
|
3.74
|
5.03
|
5.73
|
7.62
|
--
|
Dividend Yield
0.49
Higher than Peers by 0.32
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
0.49
|
0.48
|
0.42
|
0.42
|
0.52
|
|
Peer Median
|
0.17
|
--
|
--
|
0.11
|
--
|
EV/EBITDA
19.14
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
19.14
|
24.88
|
29.08
|
31.76
|
33.19
|
|
Peer Median
|
--
|
22.31
|
45.76
|
56.41
|
--
|
Market Cap
13,329
Higher than Peers by 10,854
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
V-Guard
|
13,329
|
13,740
|
15,584
|
14,398
|
10,810
|
|
Peer Median
|
2,475
|
1,089
|
1,163
|
1,893
|
--
|