V-Guard Industries Reports Decline in Q2 FY24-25 Profit Amid Market Adjustments

V-Guard Industries has recently undergone an adjustment in evaluation, reflecting the company's current market dynamics and financial metrics. The consumer durables sector player has reported a notable decline in profit after tax (PAT) for the second quarter of FY24-25, amounting to Rs 63.39 crore, which indicates a shift in profitability trends. Additionally, profit before tax (PBT) less other income has also shown a decline, recorded at Rs 80.57 crore.
Over the past five years, V-Guard has demonstrated a consistent growth trajectory in net sales, achieving an annual growth rate of 14.55%. Operating profit has similarly shown a positive trend, increasing at a rate of 10.30%. Despite a return of 30.98% over the past year, the stock is currently trading at a premium, with a price-to-book value of 8.7 and a return on equity (ROE) of 15.4.

The company's market capitalization stands at Rs 17,067 crore, positioning it as the second-largest entity in its sector, contributing 12.79% to the industry with annual sales of Rs 5,279.25 crore. However, the technical outlook has indicated a shift, with various indicators suggesting a bearish trend.

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