Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
174.91
125.53
120.20
88.29
46.41
31.46
27.80
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
174.91
125.53
120.20
88.29
46.41
31.46
27.80
Raw Material Cost
34.15
25.17
29.80
23.75
9.70
8.47
8.21
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
32.53
37.03
26.12
14.07
22.44
9.88
7.94
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
60.45
47.75
40.11
42.91
24.19
17.63
19.78
Selling and Distribution Expenses
52.60
52.66
42.94
29.48
49.68
27.22
19.89
Other Expenses
-8.22
-7.44
-6.03
-4.95
-3.92
-2.14
-0.67
Total Expenditure (Excl Depreciation)
97.48
88.19
78.67
60.70
66.81
41.77
49.09
Operating Profit (PBDIT) excl Other Income
77.4
37.3
41.5
27.599999999999998
-20.4
-10.3
-21.299999999999997
Other Income
97.05
143.02
93.10
103.12
23.07
175.18
40.44
Operating Profit (PBDIT)
185.21
188.96
140.55
135.19
5.09
166.95
40.13
Interest
60.45
47.75
40.11
42.91
24.19
17.63
19.78
Exceptional Items
183.12
94.19
28.94
-184.45
598.73
200.22
153.27
Gross Profit (PBDT)
130.03
91.75
84.47
60.06
34.27
20.92
18.38
Depreciation
10.73
8.61
5.92
4.48
2.43
2.08
1.21
Profit Before Tax
297.16
226.80
123.46
-96.65
577.20
347.47
172.42
Tax
48.00
32.55
25.45
-20.04
113.84
39.87
32.51
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
290.44
286.99
87.29
-122.54
650.05
370.94
205.61
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
290.44
286.99
87.29
-122.54
650.05
370.94
205.61
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
290.44
286.99
87.29
-122.54
650.05
370.94
205.61
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Reserves
2,600.80
2,400.43
2,214.42
2,202.18
2,175.57
1,305.74
699.78
Earnings per share (EPS)
10.64
10.52
3.2
-5.49
29.51
17.46
10.39
Diluted Earnings per share
10.64
10.52
3.2
-5.49
29.51
17.46
10.39
Operating Profit Margin (Excl OI)
44.27%
29.75%
34.55%
31.25%
-43.98%
-32.75%
-76.58%
Gross Profit Margin
176.02%
187.54%
107.64%
-104.4%
1249.06%
1111.0%
624.5%
PAT Margin
166.05%
228.63%
72.62%
-138.8%
1400.83%
1179.01%
739.56%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is 39.36% vs 4.41% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is 1.18% vs 228.75% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is 92.16% vs -3.37% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is 26.62% vs 18.95% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has improved from Dec 2024
Compare Annual Results Of VGP NV With
Figures in Million
Consolidate Annual Results
Change(EUR)
Change(%)
Net Sales
174.91
369.57
-194.66
-52.67%
Other Operating Income
0.00
0.00
0.00
Total Operating income
174.91
369.57
-194.66
-52.67%
Raw Material Cost
34.15
20.56
13.59
66.10%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
32.53
18.85
13.68
72.57%
Power Cost
0
0
0.00
Manufacturing Expenses
60.45
72.58
-12.13
-16.71%
Selling and Distribution Expenses
52.60
18.68
33.92
181.58%
Other Expenses
-8.22
-8.04
-0.18
-2.24%
Total Expenditure (Excl Depreciation)
97.48
50.30
47.18
93.80%
Operating Profit (PBDIT) excl Other Income
77.43
319.27
-241.84
-75.75%
Other Income
97.05
-10.76
107.81
1,001.95%
Operating Profit (PBDIT)
185.21
311.01
-125.80
-40.45%
Interest
60.45
72.58
-12.13
-16.71%
Exceptional Items
183.12
47.78
135.34
283.26%
Gross Profit (PBDT)
130.03
346.50
-216.47
-62.47%
Depreciation
10.73
2.51
8.22
327.49%
Profit Before Tax
297.16
283.70
13.46
4.74%
Tax
48.00
38.58
9.42
24.42%
Provisions and contingencies
0
0
0.00
Profit After Tax
290.44
244.43
46.01
18.82%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
290.44
244.43
46.01
18.82%
Share in Profit of Associates
0
0
0.00
Minority Interest
0.00
0.69
-0.69
-100.00%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
290.44
245.12
45.32
18.49%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
2,600.80
3,663.70
-1,062.90
-29.01%
Earnings per share (EPS)
10.64
5.14
5.50
107.00%
Diluted Earnings per share
10.64
5.14
5.50
107.00%
Operating Profit Margin (Excl OI)
44.27%
86.39%
0.00
-42.12%
Gross Profit Margin
176.02%
77.45%
0.00
98.57%
PAT Margin
166.05%
66.14%
0.00
99.91%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 17.49 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 39.36% vs 4.41% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 29.04 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 1.18% vs 228.75% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 8.82 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 92.16% vs -3.37% in Dec 2024
Annual - Interest
Interest 6.04 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 26.62% vs 18.95% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 44.27%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has improved from Dec 2024






