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Vardhman Textiles Ltd Share Price

Textiles - Spinning/Cotton/Blended Yarn - Ring Spg

NSE: VTL Small Cap ISIN: INE825A01020
As on 31 January 2025 at 14:04 IST
As on 31 January 2025 at 14:04 IST
453.40
-6.75
(-1.47%)
About Vardhman Textiles Ltd

Vardhman Textiles Ltd. is a leading Indian textile manufacturing company. It engages in the production and sale of fabrics, garments, yarns, and acrylic fibre among other products. The company was initiated in the year 1962. It has decades of experience in the textile industry. The headquarters of the company is located in Ludhiana, Punjab, India. Vardhman Textiles' main products include yarns, fabrics, garments, and acrylic fibre. The company also manufactures woven fabrics, shirting, and trouser materials, as well as garments and alloy steel. Vardhman Textiles Ltd. falls under the textiles sector. Read More...

Over 1 Month
-9.02%
Over 6 Months
-17.34%
Over 1 Year
16.58%
Over 3 Years
-4.29%

Vardhman Textiles Ltd Summary

Close ₹ 453.40
Open ₹ 461.70
High ₹ 463.20
Low ₹ 450.80
Volume 1,13,260
Net Turnover (in ₹ Cr) ₹ 4.82
52Wk High ₹ 592
52Wk Low ₹ 395.70
52Wk High / Low
395.70
592

Vardhman Textiles Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 13,306.38
EPS (TTM) 28.94
Book Value (BV) 316.07
Div. Yield 0.87 %
P/E (TTM) 15.90
Price/Book Value 1.46
Delivery % 56.79 %
Face Value 2

Key Ratios

PE Ratio 21.11
PB Ratio 1.46
EV to Sales 1.56
PEG Ratio -1.12
ROA 5.72
ROE 7.11
Debt-Equity 0.20
Net Profit Margin 6.53
Operating Profit Margin 13.89

Vardhman Textiles Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue9,830.6210,329.449,846.856,341.436,909.47
Total Expenses9,038.349,310.087,815.665,803.166,266.14
Profit Before Tax834.931,059.912,070.69558.90655.47
Profit After Tax636.70804.751,551.04426.91590.97
Operating Profit after Depreciation894.561,121.512,130.91651.59778.60

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets3,769.023,937.433,494.023,529.033,628.43
Total Non Current Assets5,549.205,548.045,123.844,414.734,470.98
Total Current Assets6,431.595,784.525,855.265,202.214,882.54
TOTAL ASSETS11,980.7911,332.5610,979.109,616.949,353.52
Total Shareholder's Fund9,100.138,563.447,703.766,468.266,047.87

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities-1,055.191,852.841,444.58167.68849.41
Net Cash used in Investing Activities1,103.60-1,444.70-899.19-115.89-379.02
Net Cash used in Financing Activities-89.71-399.17-571.40-174-295.59

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue9,632.2210,033.599,771.366,114.396,497.13
Total Expenses8,841.249,046.557,585.615,630.335,894.12
Profit Before Tax790.98987.042,185.75484.06603.01
Profit After Tax607.63749.071,677.44366.74545.49
Operating Profit after Depreciation892.971,088.902,285.28596.84735.55

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets3,710.773,880.503,435.693,467.963,481.12
Total Non Current Assets5,268.115,302.744,958.634,280.344,248.52
Total Current Assets6,218.415,558.145,617.424,783.414,478.16
TOTAL ASSETS11,486.5210,860.8810,576.059,063.758,726.68
Total Shareholder's Fund8,804.958,293.997,539.126,138.555,666.21

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities-1,062.451,814.811,429.90115.40851.17
Net Cash used in Investing Activities1,106.83-1,405.56-882.66-31.09-461.95
Net Cash used in Financing Activities-86.04-396.65-521.23-198.79-278.19

Particulars (in ₹ Cr.) 2024-12 2024-09 2024-06 2024-03 2023-12
Total Revenue2,465.302,502.422,308.592,459.412,329.51
Total Expenses2,152.552,187.291,960.592,151.212,085.30
Profit Before Tax272.54290.51312.05264.07211.51
Profit After Tax211.77197.30239.77202.13161.86
Operating Profit after Depreciation392.15407.95426.81389.39330.29

Particulars (in ₹ Cr.) 2024-12 2024-09 2024-06 2024-03 2023-12
Total Revenue2,403.942,454.782,270.312,413.232,288.79
Total Expenses2,093.922,139.651,925.982,110.212,051.33
Profit Before Tax263.87308.60295.13243.68206.49
Profit After Tax203.56219.64226.90186.63161.12
Operating Profit after Depreciation382.73425.23409.09367.52323.78

Vardhman Textiles Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3
S1 454.40
S2 448.65
S3 444.85
Pivot 458.20
R1 463.95
R2 467.75
R3 473.50

Moving Average

20 SMA 473.62
50 SMA 494.72
100 SMA 482.04
200 SMA 483.60

Vardhman Textiles Ltd Corporate Actions

Vardhman Textiles Ltd

₹4/Share

Announcement Date 06 Sep 2024
Record Date 07 Sep 2024
Div Yield 200%

Vardhman Textiles Ltd Peer Comparison

Company Price Market Cap (in ₹ Cr)
Vardhman Textiles Ltd ₹460.20 ₹13,307.82
Grasim Industries Ltd ₹2,493.90 ₹1,64,225.73
Trident Ltd ₹30.70 ₹15,644.93
Welspun Living Ltd ₹139.50 ₹13,556.73
Raymond Lifestyle Ltd ₹1,530.25 ₹9,322.84
Alok Industries Ltd ₹18.20 ₹9,036.74

Vardhman Textiles Ltd News

Vardhman Textiles rises after Q3 PAT climbs 31% YoY to Rs 211 cr

Vardhman Textiles advanced 1.51% to Rs 485 after the company's consolidated net profit jumped 31.44% to Rs 210.61 crore on 5.83% increase in revenue from operations to Rs 2,465.30 crore in Q3 FY25 over Q3 FY24.

22 Jan 2025, 03:14 pm

Vardhman Textiles to conduct board meeting

On 22 January 2025

16 Jan 2025, 09:41 am

Volumes jump at Vardhman Textiles Ltd counter

Vardhman Textiles Ltd witnessed volume of 61.99 lakh shares by 14:14 IST on NSE, a 41.46 times surge over two-week average daily volume of 1.50 lakh shares

15 Jan 2025, 02:30 pm

Vardhman Textiles Ltd leads gainers in 'A' group

360 ONE WAM Ltd, Kaynes Technology India Ltd, UTI Asset Management Company Ltd and Welspun Corp Ltd are among the other gainers in the BSE's 'A' group today, 15 January 2025.

15 Jan 2025, 12:00 pm

Vardhman Textiles edges higher after board OKs proposal to enhance processed fabric capacity

Vardhman Textiles said added 1.18% to Rs 478.60 after its board has approved to increase the processed fabric capacity at Vardhman Fabrics, Budhni, Madhya Pradesh, by about 31 million meters per annum with a total capital outlay of Rs 350 crore.

28 Nov 2024, 12:33 pm

Vardhman Textiles Ltd Stock Analysis

  1. Annual revenue for Vardhman Textiles Ltd decreased by 4.00% to ₹9,632.22 crore in FY 2024 from ₹10,033.59 crore in FY 2023.
  2. Annual Net Profit for Vardhman Textiles Ltd decreased by 18.88% to ₹607.63 crore in FY 2024 from ₹749.07 crore in FY 2023.
  3. Promoter Shareholding in Vardhman Textiles Ltd increased by 0.03% in the most recent quarter, from 64.19% in September 2024 to 64.21% in December 2024.
  4. Vardhman Textiles Ltd delivered a 1-year return of 16.58% compared to the Nifty 50, which provided a return of 8.03% as of the last trading session.
  5. Vardhman Textiles Ltd share price moved down by 1.47% from its previous close of INR ₹460.15. The latest Vardhman Textiles Ltd share price is INR ₹453.40.
  6. Vardhman Textiles Ltd share price today has been at a low of 450.80 and a high of 463.20. Over the past 52 weeks, the Vardhman Textiles Ltd share price has seen a low of 395.70 and a high of 592.

About Vardhman Textiles Ltd

Vardhman Textiles Ltd. is a leading Indian textile manufacturing company. It focuses on the production and sale of fabrics, garments, and acrylic fibre. The company operates in the textiles sector and is known for its vertically integrated operations. This ensures high-quality products and efficient supply chain management.

Vardhman Textiles Ltd. falls under the textiles sector. The company was incorporated in 1962 as Vardhman Spinning & General Mills (VSGML). It has decades of experience in the industry. Vardhman Textiles has grown to become one of the largest vertically integrated textile manufacturers in India.

The headquarters of Vardhman Textiles Ltd. is located in Ludhiana, Punjab, India. The company is promoted by the Vardhman Group, with key promoters including Shri Paul Oswal. He serves as the Chairman and Managing Director. The other vital managerial promoters of the company include:
  • Suchita Jain
  • Neeraj Jain
  • Harpreet Kaur Kang
  • Sachit Jain

Vardhman Textiles' main products include yarns, fabrics, garments, and acrylic fibre. The company produces a wide range of yarns. This includes cotton, polyester, acrylic, and blended yarns. It also manufactures woven fabrics, shirting, and trouser materials, as well as garments and alloy steel.

Vardhman Textiles Ltd. has a significant market share in the textile sector. The company has a strong market capitalization, which makes it a major player in the industry. Vardhman Textiles is recognised for its commitment to quality, innovation, and sustainability.

The promoter shareholding in Vardhman Textiles Ltd. stands at 61.19%. This indicates strong promoter commitment to the business. The major promoter shareholder of the company is Vardhaman Holdings Ltd., which holds 28.82% shares.

The registered office of Vardhman Textiles Ltd. is located at Chandigarh Road, Ludhiana - 141010, Punjab, India. The registrar of the company is situated at 205-208, Anarkali Complex, Jhandewalan Extension, New Delhi 110055, Delhi, India.

Vardhman Textiles Ltd. is a well-established textile company in India. The company is known for its comprehensive range of products and strong market presence. Its commitment to quality, innovation, and sustainability has solidified its position as a trusted name in the textile sector.

Goals of the Company

Vardhman Textiles Ltd. stands as an inspiration for strategic vision and industrial excellence in the Indian textile landscape. Its goals extend far beyond mere product manufacturing. Since its start in 1962, the company has consistently demonstrated a commitment to transformative objectives that align with technological innovation, sustainable practices, and market leadership within the textile sector.

At the core of Vardhman Textiles' strategic goals is the pursuit of vertical integration. This comprehensive approach is what sets the company apart in the competitive textile industry. The company aims to ensure unparalleled quality control, operational efficiency, and cost optimisation. This is achieved by controlling every stage of textile production—from yarn manufacturing to fabric creation and garment production.

Their integrated model allows them to respond swiftly to market demands, reduce production complexities, and maintain competitive pricing while delivering superior product quality. Additionally, the company's goal of creating a seamless, end-to-end textile production ecosystem reflects a forward-thinking approach. This strategy minimises supply chain disruptions and maximizes value creation.

Technological advancement and product diversification represent another critical strategic goal for Vardhman Textiles. The company has consistently invested in cutting-edge manufacturing technologies. Also, it is expanding its product portfolio to include a wide range of fabrics, yarns, garments, and specialized materials.

By producing cotton, polyester, acrylic, and blended yarns, along with woven fabrics and garments, Vardhman aims to cater to diverse market segments and global customer requirements. This strategic diversification not only mitigates market risks but also positions the company as a versatile and adaptive textile manufacturer capable of meeting evolving industry trends and consumer preferences.

Sustainability and environmental responsibility form a paramount goal in Vardhman Textiles' strategic framework. Recognising the textile industry's significant environmental footprint, the company has committed to implementing eco-friendly manufacturing processes, reducing carbon emissions, and promoting sustainable textile production.

Their goals include minimising water consumption, implementing energy-efficient technologies, and developing sustainable fabric alternatives that meet growing global demands for environmentally conscious textile solutions. This commitment extends beyond mere compliance, representing a genuine corporate philosophy of responsible industrial development.

The company's leadership, led by S. P. Oswal, has consistently emphasised the goal of maintaining market leadership and expanding global reach. With a substantial market capitalisation and promoter shareholding, Vardhman Textiles aims to strengthen its position as India's largest vertically integrated textile manufacturer. This involves continuous expansion of manufacturing capabilities and exploring new international markets. Additionally, their aim is to build more strategic partnerships that enhance the company's global competitiveness.

Vardhman Textiles Ltd.'s goals represent a holistic approach to industrial growth and innovation. The company has positioned itself not just as a textile manufacturer but as a visionary organisation driving the future of the textile industry.

This is due to their focus on vertical integration, technological advancement, product diversification, sustainability, and global expansion. Their strategic objectives reflect a deep understanding of market dynamics, technological potential, and the critical importance of sustainable industrial development in the 21st century.

FAQ’s

What is the share price of Vardhman Textiles Ltd today?

Vardhman Textiles Ltd share price as on 31 Jan 2025 is ₹ 453.4

What is the Market Cap of Vardhman Textiles Ltd?

The market cap of Vardhman Textiles Ltd stock is ₹13,306.38 Cr.

What is the PE Ratio of Vardhman Textiles Ltd?

The Price to Earnings (P/E) Ratio of Vardhman Textiles Ltd is 21.11

What is the PB Ratio of Vardhman Textiles Ltd?

The Price to Book (P/B) Ratio of Vardhman Textiles Ltd is 1.46

What is the 52 week high of Vardhman Textiles Ltd Share Price?

The 52 week high of Vardhman Textiles Ltd share price stands at ₹592

What is the 52 week low of Vardhman Textiles Ltd Share Price?

The 52 week low of Vardhman Textiles Ltd share price stands at ₹395.70

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