iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

V-Guard gains after Q4 PAT rises 32% YoY to Rs 224 cr

19 May 2022 , 01:59 PM

On the segmental front, revenue from Electricals was Rs 507.26 crore (up 32.6% YoY), revenue from Consumer Durables was Rs 295.88 crore (up 32.3% YoY) and revenue from Electronics was Rs 247.13 crore (up 1.8% YoY) during the period under review. Cost of goods sold jumped 28.5% to Rs 748.37 crore in Q4 FY22 from Rs 582.24 crore in Q4 FY21. EBITDA improved marginally by 0.8% year on year to Rs 110.82 crore in Q4 FY22. On the margins front, gross margin declined to 28.7% in the quarter ended 31 March 2022 as against 31.4% in the quarter ended 31 March 2021 while EBITDA margin fell to 10.6% in Q4 FY22 from 12.9% in Q4 FY21. On full year basis, the company reported 14% rise in net profit to Rs 226.8 crore on a 28.7% increase in net sales to Rs 3,474.66 crore in the financial year ended 31 March 2022 over the financial year ended 31 March 2021. Mithun. K. Chittilappilly, managing director, V-Guard Industries, said, The business has shown a very good performance during the quarter, with both South and non-South regions doing well. We were able to overcome supply chain challenges we faced in the earlier waves of Covid. Electrical and Durables categories have shown strong growth. Summer related products recovered from a slow start to the quarter to grow well in March. Commodity prices remain elevated in the context of on-going uncertainties at global level. We have continued to take pricing actions and some more actions will follow in the coming months. Meanwhile, the companys board recommended a dividend of Rs 1.30 per equity share for the financial year ended 31 March 2022. V-Guard Industries makes consumer electrical and electronics products. The companys product range includes voltage stabilizers, inverter, electric & solar water heaters, fans, kitchen appliances, pumps, wires & cables, domestic switch gears, air coolers, etc. Meanwhile, the S&P BSE Sensex tumbled 1,266.85 points or 2.34% to 52,941.68 amid weak global cues. Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.