Synopsis: V-Marc India has fixed July 3, 2026, as the record date for its 5:1 bonus issue, with eligible shareholders receiving five bonus shares for every share held.
This Ashish Kacholia’s stock, engaged in manufacturing and marketing electrical wires, cables, switches, switchgear, PVC pipes, and other electrical products for residential, commercial, and industrial applications, jumped 2.73 percent after the company’s board fixed a record date for a 5:1 bonus issue.
With a market capitalization of Rs. 3,923.67 crores, the share of V-Marc India Limited has reached an intraday high of Rs. 1,644 per equity share, rising nearly 2.73 percent from its previous day’s close price of Rs. 1,600.35. Since then, the stock has retreated and is currently trading at Rs. 1,606.70 per equity share.
Reason Behind the Surge
V-Marc India Limited’s Board of Directors has fixed Friday, July 3, 2026, as the Record Date for determining the eligibility of shareholders for the allotment of 5:1 Bonus Equity Shares. The deemed date of allotment of the bonus equity shares shall be the next working day after the record date.
The board has decided to issue bonus shares at a ratio of 5:1, meaning that shareholders will receive five new fully paid-up equity shares of Rs. 10 each for every one existing fully paid-up equity share they hold.
For example, if a shareholder owns 10,000 shares of V-Marc India Limited, they will receive 50,000 bonus shares under the 5:1 bonus issue, bringing their total holding to 60,000 shares after the bonus issue.
Product Portfolio
V-Marc manufactures a wide range of electrical products for residential, commercial, industrial, and infrastructure applications. Its portfolio includes house wires, low-tension (LT) and high-tension (HT) power cables, control cables, communication cables, coaxial and LAN cables, aerial bundled cables, and specialty cables with fire-resistant and low-smoke properties. The company has also expanded into electrical accessories such as switchgear, switches, and fans.
Business Highlights
V-Marc India Limited has a strong manufacturing and distribution network to support its business growth. The company operates 3 manufacturing facilities with a combined production capacity of 2,12,600 km and owns 57,600 square metres of land. Its wide manufacturing base helps meet growing demand across different product categories.
The company has a strong market presence through a network of more than 1,200 dealers and over 150 turnkey EPC contractors. It operates across more than 24 states in India and is supported by a workforce of more than 850 employees, enabling it to efficiently serve customers across residential, commercial, and industrial markets.
Client Base
V-Marc India serves a diversified client base that includes leading government departments, public sector undertakings (PSUs), power distribution companies, and infrastructure organizations. Its key customers include BHEL, NTPC, NMDC, Hindustan Petroleum (HPCL), HAL, CIDCO, CPWD, NOIDA Authority, Maharashtra State Electricity Distribution Company (MSEDCL), TANGEDCO, GETCO, DHBVN, and UHBVN, reflecting the company’s strong presence in India’s power, infrastructure, and industrial sectors.
Shareholding Pattern
In March 2026, V-Marc India Limited had a majority stake held by the promoters at 64.87 percent, foreign institutional investors at 0.02 percent, and the public at 35.11 percent. Ace investor Ashish Kacholia holds a 2.71 percent stake in V-Marc India Limited, valued at Rs. 106.6 crores, consisting of 661,000 shares.
Company Overview
V-Marc India Limited is an Indian manufacturer of electrical wires, cables, and related electrical products headquartered in Haridwar, Uttarakhand. The company has established a presence in the country’s electrical infrastructure sector through a broad portfolio of power and communication cables, an expanding distribution network, and a focus on quality certifications and manufacturing capabilities.
Financial Highlights
Coming into financial highlights, V-Marc India Limited’s revenue has increased from Rs. 560 crore in H2 FY25 to Rs. 1,105 crore in H2 FY26, which has grown by 97.32 percent. The net profit has also grown by 156 percent from Rs. 25 crore in H2 FY25 to Rs. 64 crore in H2 FY26. V-Marc India Limited’s revenue and net profit have grown at a CAGR of 60 percent and 77 percent, respectively, over the last five years.
In terms of return ratios, the company’s ROCE and ROE stand at 41.4 percent and 41.8 percent, respectively. V-Marc India Limited has an earnings per share (EPS) of Rs. 41, and its debt-to-equity ratio is 0.74x.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
