Results Snapshot
Figures in Cr
Consolidated - Balance Sheet Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
EQUITY AND LIABILITIES
No of Months
12
12
12
12
12
12
Share Capital
43.68
43.58
43.44
43.22
43.15
43.02
Share Warrants & Outstandings
Total Reserve
2,329.37
2,054.25
1,770.78
1,564.40
1,363.80
1,168.27
Shareholder's Funds
2,373.05
2,097.83
1,814.22
1,607.62
1,406.96
1,211.29
Minority Interest
0.00
0.00
0.00
0.00
5.47
4.71
Long-Term Borrowings
0.00
0.00
137.26
272.91
0.00
0.00
Secured Loans
0.00
0.00
137.26
272.91
0.00
0.00
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
Deferred Tax Assets / Liabilities
84.01
90.57
91.94
95.06
-9.08
-3.82
Other Long Term Liabilities
130.55
98.35
89.92
92.24
54.37
54.55
Long Term Trade Payables
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
20.89
19.43
16.14
14.22
13.43
11.70
Total Non-Current Liabilities
235.45
208.35
335.26
474.43
58.71
62.43
Current Liabilities
Trade Payables
738.47
656.95
550.02
488.34
453.48
474.72
Other Current Liabilities
207.03
254.67
212.81
118.16
112.90
61.73
Short Term Borrowings
8.84
10.81
153.77
146.70
11.79
13.01
Short Term Provisions
135.19
100.52
85.44
63.48
48.43
43.26
Total Current Liabilities
1,089.53
1,022.95
1,002.04
816.68
626.60
592.72
Total Liabilities
3,698.03
3,329.13
3,151.52
2,898.73
2,097.74
1,871.16
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00
0.00
0.00
Gross Block
1,743.95
1,549.14
1,452.42
1,334.80
536.64
486.07
Less: Accumulated Depreciation
392.03
316.39
253.16
196.97
151.69
116.62
Less : Impairment of Assets
0.00
0.00
0.00
0.00
0.00
0.00
Net Block
1,351.92
1,232.75
1,199.26
1,137.83
384.95
369.45
Lease Adjustment
0.00
0.00
0.00
0.00
0.00
0.00
Capital Work in Progress
19.93
48.62
24.75
23.70
9.15
18.50
Intangible assets under development
1.10
0.50
12.37
3.65
7.84
1.05
Pre-operative Expenses pending
0.00
0.00
0.00
0.00
0.00
0.00
Assets in transit
0.00
0.00
0.00
0.00
0.00
0.00
Non Current Investments
95.87
70.88
72.25
35.18
33.68
33.68
Long Term Loans & Advances
91.99
81.52
70.60
84.59
50.35
43.58
Other Non Current Assets
1.40
1.54
1.62
1.26
3.70
3.87
Total Non-Current Assets
1,733.52
1,576.64
1,514.08
1,393.50
567.39
470.13
Current Assets Loans & Advances
Current Investments
180.70
10.14
30.17
0.12
0.00
0.00
Inventories
1,023.93
997.29
811.83
767.44
859.58
631.51
Sundry Debtors
532.85
542.31
595.82
557.00
484.13
388.07
Cash and Bank
59.30
64.50
57.37
66.87
61.27
281.18
Other Current Assets
24.59
20.96
28.72
28.55
22.02
18.37
Short Term Loans and Advances
143.14
117.29
113.53
85.25
103.36
81.90
Total Current Assets
1,964.51
1,752.49
1,637.44
1,505.23
1,530.35
1,401.03
Net Current Assets (Including Current Investments)
874.98
729.54
635.40
688.55
903.75
808.30
Total Current Assets Excluding Current Investments
1,783.81
1,742.35
1,607.27
1,505.11
1,530.35
1,401.03
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00
0.00
0.00
Total Assets
3,698.03
3,329.13
3,151.52
2,898.73
2,097.74
1,871.16
Contingent Liabilities
83.76
69.97
64.73
56.77
56.97
299.59
Total Debt
8.84
10.81
291.03
419.61
11.79
13.01
Book Value per share (adjusted)
54.33
48.14
41.76
37.2
32.6
28.16
Balance Sheet Analysis Highlights
Borrowings
YoY Growth in year ended Mar 2026 is -18.22% vs -96.29% in Mar 2025
Other Long Term Liabilities
YoY Growth in year ended Mar 2026 is 32.74% vs 9.37% in Mar 2025
Fixed Assets
YoY Growth in year ended Mar 2026 is 7.06% vs 4.69% in Mar 2025
Investments
YoY Growth in year ended Mar 2026 is 35.26% vs -1.90% in Mar 2025
Current Assets
YoY Growth in year ended Mar 2026 is 12.10% vs 7.03% in Mar 2025
Compare Balance Sheet Results of V-Guard Industri
Figures in Cr
Consolidated - Balance Sheet Results
Change(INR)
Change(%)
No of Months
12
12
EQUITY AND LIABILITIES
Share Capital
43.68
128.78
-85.10
-66.08%
Share Warrants & Outstandings
Total Reserve
2,329.37
2,763.27
-433.90
-15.70%
Shareholder's Funds
2,373.05
2,966.30
-593.25
-20.00%
Minority Interest
0.00
469.36
-469.36
-100.00%
Long-Term Borrowings
0.00
0.00
0.00
0.00%
Secured Loans
0.00
0.00
0.00
0.00%
Unsecured Loans
0.00
0.00
0.00
0.00%
Deferred Tax Assets / Liabilities
84.01
-39.83
123.84
310.92%
Other Long Term Liabilities
130.55
149.35
-18.80
-12.59%
Long Term Trade Payables
0.00
20.62
-20.62
-100.00%
Long Term Provisions
20.89
145.54
-124.65
-85.65%
Total Non-Current Liabilities
235.45
275.68
-40.23
-14.59%
Current Liabilities
Trade Payables
738.47
1,849.66
-1,111.19
-60.08%
Other Current Liabilities
207.03
325.55
-118.52
-36.41%
Short Term Borrowings
8.84
0.00
8.84
0.00%
Short Term Provisions
135.19
152.09
-16.90
-11.11%
Total Current Liabilities
1,089.53
2,327.30
-1,237.77
-53.18%
Total Liabilities
3,698.03
6,038.64
-2,340.61
-38.76%
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00%
Gross Block
1,743.95
3,016.99
-1,273.04
-42.20%
Less: Accumulated Depreciation
392.03
641.87
-249.84
-38.92%
Less : Impairment of Assets
0.00
0.00
0.00
0.00%
Net Block
1,351.92
2,375.12
-1,023.20
-43.08%
Lease Adjustment
0.00
0.00
0.00
0.00%
Capital Work in Progress
19.93
8.75
11.18
127.77%
Intangible assets under development
1.10
21.20
-20.10
-94.81%
Pre-operative Expenses pending
0.00
0.00
0.00
0.00%
Assets in transit
0.00
0.00
0.00
0.00%
Non Current Investments
95.87
0.00
95.87
0.00%
Long Term Loans & Advances
91.99
92.69
-0.70
-0.76%
Other Non Current Assets
1.40
41.24
-39.84
-96.61%
Total Non-Current Assets
1,733.52
2,720.92
-987.40
-36.29%
Current Assets Loans & Advances
Current Investments
180.70
971.04
-790.34
-81.39%
Inventories
1,023.93
744.18
279.75
37.59%
Sundry Debtors
532.85
1,084.64
-551.79
-50.87%
Cash and Bank
59.30
183.93
-124.63
-67.76%
Other Current Assets
24.59
186.93
-162.34
-86.85%
Short Term Loans and Advances
143.14
147.00
-3.86
-2.63%
Total Current Assets
1,964.51
3,317.72
-1,353.21
-40.79%
Net Current Assets (Including Current Investments)
874.98
990.42
-115.44
-11.66%
Total Current Assets Excluding Current Investments
1,783.81
2,346.68
-562.87
-23.99%
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00%
Total Assets
3,698.03
6,038.64
-2,340.61
-38.76%
Contingent Liabilities
83.76
504.85
-421.09
-83.41%
Total Debt
8.84
0.00
8.84
0.00%
Book Value per share (adjusted)
54.33
46.07
8.26
17.93%
Annual - Borrowings
Borrowings 8.84 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -18.22% vs -96.29% in Mar 2025
Annual - Other Long Term Liabilities
Other Long Term Liabilities 130.55 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 32.74% vs 9.37% in Mar 2025
Annual - Fixed Assets
Fixed Assets 1,371.85 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 7.06% vs 4.69% in Mar 2025
Annual - Investments
Investments 95.87 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 35.26% vs -1.90% in Mar 2025
Annual - Current Assets
Current Assets 1,964.51 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 12.10% vs 7.03% in Mar 2025






