Vardhman Textiles Ltd Share Price

Textiles - Spinning/Cotton/Blended Yarn - Ring Spg

NSE: VTL Small Cap ISIN: INE825A01020
As on 26 December 2024 at 15:59 IST
As on 26 December 2024 at 15:59 IST
512.40
-17.50
(-3.30%)
Over 1 Month
16.38%
Over 6 Months
11.22%
Over 1 Year
35.52%
Over 3 Years
20.82%

Vardhman Textiles Ltd Summary

Close 512.40
Open 529.90
High 532.70
Low 508.55
Volume 1,25,443
Net Turnover (in ₹) 5,92,94,177
52 Week High 592
52 Week Low 374.90
52Wk High / Low
374.90
592

Vardhman Textiles Ltd Key Financial Data

Market Cap (in ₹ Cr) 15,323.37
EPS (TTM) 27.47
Book Value (BV) 316.07
Div. Yield 0.75
P/E (TTM) 19.30
Price/Book Value 1.68
Delivery % 47.20
Face Value 2

Vardhman Textiles Ltd Key Ratios

P/E ratio 21.11
P/B 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 Peer Comparison

Company LTP Market Cap (in ₹ Cr)
Vardhman Textiles Ltd ₹530.20 ₹15,332.05
Grasim Industries Ltd ₹2,505.30 ₹1,64,976.43
Trident Ltd ₹33.41 ₹17,025.96
Welspun Living Ltd ₹159.15 ₹15,466.33
Raymond Lifestyle Ltd ₹2,019.90 ₹12,305.96
LS Industries Ltd ₹130.03 ₹11,037.19

Vardhman Textiles Ltd News

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

Board of Vardhman Textiles approves capex of Rs 350 cr

At meeting held on 28 November 2024

28 Nov 2024

Vardhman Textiles to conduct board meeting

On 30 October 2024

23 Oct 2024

Vardhman Textiles to hold AGM

On 19 September 2024

31 Aug 2024

Vardhman Textiles to convene board meeting

On 30 July 2024

24 Jul 2024

Vardhman Textiles Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 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 2024 FY 2023 FY 2022 FY 2021 FY 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 2024 FY 2023 FY 2022 FY 2021 FY 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

Vardhman Textiles Ltd Corporate Actions

Vardhman Textiles Ltd

₹4/Share

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

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.

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 remains unchanged by 0.00% in the most recent quarter, from 64.19% in June 2024 to 64.19% in September 2024.
  4. Vardhman Textiles Ltd delivered a 1-year return of 35.52% compared to the Nifty 50, which provided a return of 10.66% as of the last trading session.
  5. Vardhman Textiles Ltd share price moved down by 3.30% from its previous close of INR ₹529.90. The latest Vardhman Textiles Ltd share price is INR ₹512.40.
  6. Vardhman Textiles Ltd share price today has been at a low of 508.55 and a high of 532.70. Over the past 52 weeks, the Vardhman Textiles Ltd share price has seen a low of 374.90 and a high of 592.

FAQ’s

What is the share price of Vardhman Textiles Ltd today?

Vardhman Textiles Ltd share price as on 26 Dec 2024 is ₹ 512.4

What is the Market Cap of Vardhman Textiles Ltd?

The market cap of Vardhman Textiles Ltd stock is ₹15,323.37 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 ₹374.90

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