|
13 Sep 2025 |
V-Guard Industries
|
Consensus Share Price Target
|
369.75 |
426.67 |
- |
15.39 |
buy
|
|
|
|
|
14 Dec 2022
|
V-Guard Industries
|
ICICI Direct
|
369.75
|
310.00
|
269.80
(37.05%)
|
Target met |
Buy
|
|
|
|
|
12 Dec 2022
|
V-Guard Industries
|
ICICI Securities Limited
|
369.75
|
275.00
|
260.95
(41.69%)
|
Target met |
Accumulate
|
|
|
V-Guard’s planned acquisition of Sunflame is likely to be both earnings- accretive (in FY24E) and DCF-accretive. V-Guard’s two major segments – (1) stabilisers, and (2) UPS & battery – are likely to grow at low-to-mid single digits in tandem with improving availability of electricity across urban and rural markets.
|
|
01 Nov 2022
|
V-Guard Industries
|
Geojit BNP Paribas
|
369.75
|
286.00
|
255.00
(45.00%)
|
Target met |
Accumulate
|
|
|
|
|
31 Oct 2022
|
V-Guard Industries
|
ICICI Securities Limited
|
369.75
|
275.00
|
253.00
(46.15%)
|
Target met |
Accumulate
|
|
|
V-Guard’s Q2FY23 print was largely similar to other listed peers.
|
|
28 Oct 2022
|
V-Guard Industries
|
ICICI Direct
|
369.75
|
285.00
|
253.00
(46.15%)
|
Target met |
Hold
|
|
|
|
|
19 Sep 2022
|
V-Guard Industries
|
ICICI Securities Limited
|
369.75
|
250.00
|
235.25
(57.17%)
|
Target met |
Accumulate
|
|
|
We remain positive on V-Guard as we believe the ECD segment margin is likely to expand over FY23-24 due to (1) input price correction, (2) higher scale of operations and (3) better utilization of Roorkee plant and lower effect tax rate in FY24-25.
|
|
03 Aug 2022
|
V-Guard Industries
|
Geojit BNP Paribas
|
369.75
|
266.00
|
235.50
(57.01%)
|
Target met |
Accumulate
|
|
|
|
|
30 Jul 2022
|
V-Guard Industries
|
LKP Securities
|
369.75
|
275.00
|
235.90
(56.74%)
|
Target met |
Buy
|
|
|
|
|
29 Jul 2022
|
V-Guard Industries
|
ICICI Direct
|
369.75
|
255.00
|
226.20
(63.46%)
|
Target met |
Hold
|
|
|
|
|
29 Jul 2022
|
V-Guard Industries
|
BOB Capital Markets Ltd.
|
369.75
|
250.00
|
226.20
(63.46%)
|
Target met |
Hold
|
|
|
Q1 EBITDA margin hit by A&P spend and write-offs; ECD/electronics margins guided to recover to ~7%/16% in FY23
|