5329532026-01-012026-03-315329532026-03-315329532025-03-315329532025-04-012026-03-315329532026-01-012026-03-31in-capmkt:OtherExpenses1Member5329532025-04-012026-03-31in-capmkt:OtherExpenses1Member5329532026-03-31OtherNoncurrentFinancialAssetsDomain15329532026-03-31OtherNoncurrentAssetsDomain15329532026-03-31OtherNoncurrentAssetsDomain25329532026-03-31OtherCurrentFinancialAssetsDomain15329532026-03-31OtherCurrentAssetsDomain15329532026-03-31OtherNoncurrentFinancialLiabilitiesDomain15329532026-03-31OtherCurrentFinancialLiabilitiesDomain15329532026-03-31OtherCurrentFinancialLiabilitiesDomain25329532026-03-31OtherCurrentLiabilitiesDomain15329532026-01-012026-03-31in-capmkt:ReportableSegments1Member5329532026-01-012026-03-31in-capmkt:ReportableSegments2Member5329532026-01-012026-03-31in-capmkt:ReportableSegments3Member5329532026-01-012026-03-31in-capmkt:ReportableSegments4Member5329532025-04-012026-03-31in-capmkt:ReportableSegments1Member5329532025-04-012026-03-31in-capmkt:ReportableSegments2Member5329532025-04-012026-03-31in-capmkt:ReportableSegments3Member5329532025-04-012026-03-31in-capmkt:ReportableSegments4Member5329532026-01-012026-03-31in-capmkt:ReportableSegments1Member5329532026-01-012026-03-31in-capmkt:ReportableSegments2Member5329532026-01-012026-03-31in-capmkt:ReportableSegments3Member5329532026-01-012026-03-31in-capmkt:ReportableSegments4Member5329532025-04-012026-03-31in-capmkt:ReportableSegments1Member5329532025-04-012026-03-31in-capmkt:ReportableSegments2Member5329532025-04-012026-03-31in-capmkt:ReportableSegments3Member5329532025-04-012026-03-31in-capmkt:ReportableSegments4Member5329532026-01-012026-03-31in-capmkt:ReportableSegments1Member5329532026-03-31in-capmkt:ReportableSegments1Member5329532026-01-012026-03-31in-capmkt:ReportableSegments2Member5329532026-03-31in-capmkt:ReportableSegments2Member5329532026-01-012026-03-31in-capmkt:ReportableSegments3Member5329532026-03-31in-capmkt:ReportableSegments3Member5329532026-01-012026-03-31in-capmkt:ReportableSegments4Member5329532026-03-31in-capmkt:ReportableSegments4Member5329532026-01-012026-03-31in-capmkt:ReportableSegments1Member5329532026-03-31in-capmkt:ReportableSegments1Member5329532026-01-012026-03-31in-capmkt:ReportableSegments2Member5329532026-03-31in-capmkt:ReportableSegments2Member5329532026-01-012026-03-31in-capmkt:ReportableSegments3Member5329532026-03-31in-capmkt:ReportableSegments3Member5329532026-01-012026-03-31in-capmkt:ReportableSegments4Member5329532026-03-31in-capmkt:ReportableSegments4Member5329532026-01-012026-03-31AuditorDomain1iso4217:INRxbrli:pureiso4217:INRxbrli:shares532953VGUARDNOTLISTEDINE951I01027V-GUARD INDUSTRIES LIMITEDMain BoardEquity2025-04-012026-03-312026-05-122026-04-21INRCroresQuarterlyFourth quarterMulti segment2026-05-1211:00:002026-05-1214:05:00trueCash Flow IndirectDeclaration of unmodified opinion2026-01-012026-03-31AuditedConsolidated17552700000762000001762890000053816000005985900000-10700000143920000030100000281000000304950000016156600000147230000001472300000355200000-430000035090000001121400000000-1000001121300000-75000001113800000112130000001113800000043680000012.562.55002.562.5500.16640.4991Notes to the standalone and consolidated financial results for the quarter and year ended 31.03.2026 <BR> <BR> 1. The above standalone and consolidated financial results have been prepared in accordance with Indian Accounting Standards Ind AS as prescribed under section 133 of Companies Act 2013 read with relevant rules issued thereunder. <BR> <BR> 2. The above standalone and consolidated financial results for the quarter and year ended March 31 2026 were reviewed by the Audit Committee and approved by the Board of Directors and taken on record at the meetings held on May 12 2026. <BR> <BR> 3. Based on the management approach as defined in IndAS 108 Operating Segments the Chief Operating Decision Maker evaluates the Groups performance and allocates resources based on an analysis of various performance indicators by business segments and segment information is presented accordingly. Accordingly the management has identified Electronics Electricals Consumer Durables and Sunflame as business segments. Electronics includes Stabilizers Digital UPS and Solar Inverters, Electricals includes PVC Insulated Cables Switch Gears Pumps and Modular Switches, Consumer Durables includes Water Heaters Fans Kitchen Appliances and Air Coolers; Sunflame includes products sold under trademark Sunflame and Superflame. <BR> <BR> The Company publishes the standalone financial results along with the consolidated financial results. In accordance with IndAS 108 Operating Segments the Company has disclosed the segment information only for the consolidated financial results. <BR> <BR> 4. The consolidated financial results include the results of the following entities <BR> Holding Company <BR> VGuard Industries Limited <BR> Subsidiaries wholly owned <BR> VGuard Consumer Products Limited <BR> Guts ElectroMech Limited <BR> Sunflame Enterprises Private Limited <BR> Associate <BR> Gegadyne Energy Labs Private Limited <BR> <BR> 5. The Board of Directors in its meeting held on July 29 2025 have accorded inprinciple approval for merger of Sunflame Enterprises Private Limited with VGuard Industries Limited Holding Company subject to necessary approvals. The proposed merger is being carried out to take advantage of synergies with the Holding Company. <BR> <BR> 6. On November 21 2025 the Government of India notified the four Labour Codes the Code on Wages 2019 the Industrial Relations Code 2020 the Code on Social Security 2020 and the Occupational Safety Health and Working Conditions Code 2020 replacing 29 existing labour laws collectively referred to as the New Labour Codes. The Group has assessed and disclosed the incremental financial impact of these changes taking into consideration the best information available read with the FAQs released by the Ministry of Labour Employment and the Institute of Chartered Accountants of India and the rules notified subsequent to the year end. Considering the materiality and nonrecurring nature of this impact the Group has presented incremental charge of Rs. 20.91 crores and Rs. 22.11 crores under Exceptional item in the standalone and consolidated interim financial results for the quarter ended December 31 2025 respectively. <BR> <BR> 7. The Board of Directors have recommended a final dividend of Rs 1.50 per share 150 percentage for the year ended March 31 2026 subject to the approval of the members in the ensuing Annual General Meeting. <BR> <BR> 8. The figures for the quarters ended March 31 2026 and March 31 2025 are the balancing figures between audited figures in respect of the full financial year up to March 31 2026 and March 31 2025 respectively and the unaudited published year to date figures up to December 31 2025 and December 31 2024 respectively being the date of the end of the third quarter of the respective financial years which were subjected to limited review. <BR> 2025-04-012026-03-31AuditedConsolidated596578000002351000005989290000019559100000179916000004233000005363700000123800000107890000011052500000555929000004300000000-22110000040789000001058300000-6280000099550000003083400000000-1000003083300000-7500000307580000030833000000307580000004368000001232937000007.037.01007.037.0100.12570.3573Other Expenses3049500000Other Expenses11052500000661840000019930000028000002528000000437280000011000000009559000000920000021220000011773000001569000002049700000171162000001023930000018070000005328500000469200000123800000133000001790000077597000003759000001646100000200210000003713720000043680000023293700000237305000000237305000000000130550000013055000002089000009970000002511400000884000007578000006626900000738470000010805000008553600000979800000135190000010000000108953000001340670000037137200000Other financial assets212200000Other non-current assets336600000Right of use of assets1713100000Other financial assets17900000Other current assets1646100000Lease Liabilities1305500000Lease Liabilities258700000Other current financial liabilities821800000Other current liabilities979800000Electronics4982700000Electricals7717800000Cosumer Durables4261100000Sunflame601000000Electronics16395800000Electricals24610800000Cosumer Durables16158800000Sunflame25023000001756260000059667700000990000099000001755270000059657800000Electronics866000000Electricals950800000Cosumer Durables69600000Sunflame40300000Electronics2941200000Electricals2796000000Cosumer Durables260800000Sunflame1316000001926700000612960000030100000123800000424300000192690000014723000004078900000Electronics7303100000Electricals7195200000Cosumer Durables7135000000Sunflame791730000029550600000758660000037137200000Electronics3112100000Electricals2845900000Cosumer Durables3285700000Sunflame136730000010611000000279570000013406700000In segment results, other unallocable expenditure net off unallocable income includes exceptional item of Rs. (22.11) crores.123800000-266400000794000000-31140000000-133000000832400000014340000001078900000-15000003510000000-6421000000-11700000022700000270700000-550000000-2230000000158270000056616000000001076100000045855000000000000065000001798500000000000000000165610000090000000106000000000228000000-230100000-363940000000000059700000001970000023860000065430000012380000000-976700000-306000000-306000004998000004692000007500000750000000-7500000-7500000AuditedtruePrice Waterhouse Chartered Accountants LLPtrue2026-11-30