Samiksha Jaiswal (Editor)

V Guard Industries

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Traded as
  
NSE: VGUARD

Website
  
www.vguard.in

Headquarters
  
Founded
  
1977

Customer service
  
1800 3000 1800


Key people
  
Kochouseph Chittilappilly, Founder and ChairmanMithun Chittilappilly, Managing Director

Revenue
  
INR 1745.92 Crs ( FY 2014-15)

Number of employees
  
1,859 ( As on 31st March, 2015)

Stock price
  
VGUARD (NSE) ₹ 174.70 +1.30 (+0.75%)3 Apr, 3:30 PM IST - Disclaimer

Let s talk mr kochouseph chittilappilly v guard industries ltd part 01


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). 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.

Contents

Kochouseph Chittilappilly also founded other establishments held as subsidiaries such as V Star Creations, an Indian manufacturer of innerwear for men, women, and children, and Wonderla, a chain of amusement parks in South India.

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. The famous Kangaroo logo was created by artist Sreekandan V.A. (Mani).

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. Automatic Voltage stabilisers for all domestic applications

References

V-Guard Industries Wikipedia


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