|
09 Sep 2025 |
V-Guard Industries
|
Consensus Share Price Target
|
368.60 |
426.67 |
- |
15.75 |
buy
|
|
|
|
|
30 Jul 2022
|
V-Guard Industries
|
LKP Securities
|
368.60
|
275.00
|
235.90
(56.25%)
|
Target met |
Buy
|
|
|
|
|
29 Jul 2022
|
V-Guard Industries
|
ICICI Direct
|
368.60
|
255.00
|
226.20
(62.95%)
|
Target met |
Hold
|
|
|
|
|
29 Jul 2022
|
V-Guard Industries
|
BOB Capital Markets Ltd.
|
368.60
|
250.00
|
226.20
(62.95%)
|
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
|
|
24 May 2022
|
V-Guard Industries
|
Emkay
|
368.60
|
245.00
|
234.50
(57.19%)
|
Target met |
Hold
|
|
|
|
|
23 May 2022
|
V-Guard Industries
|
ICICI Direct
|
368.60
|
255.00
|
224.15
(64.44%)
|
Target met |
Hold
|
|
|
|
|
23 May 2022
|
V-Guard Industries
|
Yes Securities
|
368.60
|
293.00
|
230.45
(59.95%)
|
|
Buy
|
|
|
|
|
21 May 2022
|
V-Guard Industries
|
Sharekhan
|
368.60
|
280.00
|
230.45
(59.95%)
|
|
Buy
|
|
|
|
|
23 Feb 2022
|
V-Guard Industries
|
ICICI Securities Limited
|
368.60
|
220.00
|
198.75
(85.46%)
|
Target met |
Accumulate
|
|
|
V-Guard reported earnings CAGR of 8.6% over FY17-21 vs Havells (15.4%), Crompton (21.5%) and Polycab (39.2%). We model V-Guard’s earnings growth to be lower than peers ahead too due to (1) negligible growth in stabilizer business with improving quality and quantity of power supply pan India, (2) While V-Guard has forayed into high-growth consumer durables business, it generates lowest margin among all three segments, (3) Non-South region also offers higher
growth but lower margins and (4) V-Guard’s right-to-win in kitchen appliances also appears low
|
|
16 Feb 2022
|
V-Guard Industries
|
Geojit BNP Paribas
|
368.60
|
243.00
|
210.65
(74.98%)
|
Target met |
Accumulate
|
|
|
VGIL continues to focus on increasing penetration in Non-south market, new product launches and expanding retail chains. Despite downgrade in EPS, considering healthy balance sheet and...
|
|
29 Oct 2021
|
V-Guard Industries
|
LKP Securities
|
368.60
|
354.00
|
260.75
(41.36%)
|
|
Buy
|
|
|
c.46% yoy on the back of strong recovery in the consumption scenario with gradual opening up. 194 bps on yoy basis. VGIL has been quick in passing on its price increase on selected product categories like wires, cables and kitchen appliances; however, in the seasonal products such as water heaters and fans, there is a price transmission lag. The company is expected to take a price hike in these products in the following quarters to normalize its margin profile. Both the South and Non-South markets delivered a strong yoy growth of c.45% and c.49% respectively. Faster...
|