V-Guard Industries
 | |
| Traded as | NSE: VGUARD |
|---|---|
| Founded | 1977 |
| Founder | Kochouseph Chittilappilly |
| Headquarters | Kochi, India |
Key people |
Kochouseph Chittilappilly, Founder and Chairman Mithun Chittilappilly, Managing Director |
| Products | Voltage Stabilizers, Water Pumps, Electric and Solar Water Heaters, Electrical Wires & Appliances, Mixer Grinders, Fans, Induction Cooktops |
| Revenue | INR 1745.92 Crs ( FY 2014-15) |
Number of employees | 1,859 ( As on 31st March, 2015) |
| Website |
www |
V-Guard Industries Ltd is a major electrical appliances manufacturer in India, and the largest in the state of Kerala with an annual turnover of ₹ 17.50 billion (FY 2014-15).[1][2] It manufactures voltage stabilizers, wiring cables, electric pumps, electric motors, geysers, solar water heaters, electric fans and UPSs. It was founded in 1977 by Kochouseph Chittilappilly as a small voltage stabilizer manufacturing unit.
Kochouseph Chittilappilly also founded other establishments such as V Star, an Indian manufacturer of innerwear for men, women, and children, and Wonderla, a chain of amusement parks in South India.[3][4]
Introduction
Founded in the year 1977 by Mr. Kochouseph Chittilappilly, V-Guard is one of India’s leading consumer goods company with technologically diversified product offerings.
Headquartered in city of Kochi, Kerala, the company now has over 500 distributors, 20,000 retailers, and a growing count of branches across India. It’s listed with the NSE and BSE since 2008. Over the years V-Guard has ventured into domestic, industrial and agricultural electronic goods and appliances category taking the total company revenue to over Rs. 1700 Crore.
History
The origin dates back to 1977, when Mr. Kochouseph Chittilappilly set out to build a brand in the Indian electric and electronic goods panorama. With a small manufacturing unit for voltage stabilizers, a capital of Rs.100,000 and two employees, the company set sail.
Leadership
The company’s current Managing Director, Mr. Mithun Chittilappilly is a Post Graduate in Management from the University Of Melbourne, Australia. In the year 2006, he joined V-Guard as the Executive Director and six years later, he was appointed as the Managing Director of the company. Mithun Chittilappilly has previously worked with leading MNCs like Deloitte & Hewlett Packard.
Mr. Kochouseph Chittilapilly:
Chairman and founder, Mr. Kochouseph Chittilappilly was born in 1950 in Thrissur District, Kerala into a family traditionally engaged in agriculture. He holds a master's degree in Physics and began his career as a Supervisor in an electronics company.
At the age of 27, he started this SSI Unit engaged in the manufacturing and selling of Electronic Voltage stabilizers with only two employees and a capital of Rs. 1,00,000 borrowed from his father.
He is one of the founder promoters and was also the acting Managing Director of the company till in April, 2012 he passed the baton on to his son Mr. Mithun Chittilappilly.
Product Portfolio
Voltage Stabilizers
Inverter, DUPS, Solar Power Systems & Inverter Batteries
Water Heaters
Fans
Mixer Grinders
Induction Cooktops
Pumps
Wires & Cables
Domestic SwitchGears
References
- ↑ The Hindu. V-Guard turnover.
- ↑ The Hindu. 'V-Guard registers increase in profit'.
- ↑ V-Guard Industries Official Website.
- ↑ The Hindu BusinessLine. Stock Insight: V-Guard Industries.