V Guard Industries

V Guard delivered a robust Q4 FY26 with consolidated revenue of ₹755 crCurrent reported value: ₹755 cr. No comparable prior figure is available in the source record. (+14.1Current reported value: 14.1. No comparable prior figure is available in the source record.% YoY) and PAT of ₹112 crCurrent reported value: ₹112 cr. No comparable prior figure is available in the source record. (+23Current reported value: 23. No comparable prior figure is available in the source record.% YoY), driven by strong performance in electronics (+22.3%Current 22.3%. Reported change: +22.3pp YoY.) and electricals (+15.9%). EBITDA grew 19.3%Current reported value: 19.3%. No comparable prior figure is available in the source record. to ₹171Current reported value: 171. No comparable prior figure is available in the source record. cr, though full-year EBITDA margin contracted to 8.8% due to a weak H1. Management highlighted proactive price hikes (75% passed) to offset 8-13% input cost inflation from the West Asia conflict, with the balance expected by May-June. Summer demand has started well in South India, and the low base from last year's poor summer supports optimism for FY27. However, sustained commodity inflation and supply chain disruptions (e.g., polymers, sulfuric acid) remain key risks that could pressure margins if pricing actions lag.