Vedant Fashions Ltd Share Price

Textiles - Readymade Apparel

NSE: MANYAVAR Small Cap ISIN: INE825V01034
As on 02 January 2025 at 23:47 IST
As on 02 January 2025 at 23:47 IST
1,263.40
-7.65
(-0.60%)
Over 1 Month
-11.37%
Over 6 Months
16.73%
Over 1 Year
-0.34%
Over 3 Years
36.15%

Vedant Fashions Ltd Summary

Close 1,263.40
Open 1,271.05
High 1,287.65
Low 1,249
Volume 68,030
Net Turnover (in ₹) 8,64,84,155.10
52 Week High 1,512
52 Week Low 886.05
52Wk High / Low
886.05
1,512

Vedant Fashions Ltd Key Financial Data

Market Cap (in ₹ Cr) 30,690.81
EPS (TTM) 16.53
Book Value (BV) 62.66
Div. Yield 0.67
P/E (TTM) 76.53
Price/Book Value 20.19
Delivery % 46.24
Face Value 1

Vedant Fashions Ltd Key Ratios

P/E ratio 54.38
P/B ratio 14.12
EV to Sales 16.83
PEG Ratio -27.07
ROA 18.61
ROE 27.71
Debt-Equity 0.25
Net Profit Margin 30.37
Operating Profit Margin 53.14

Vedant Fashions Ltd Peer Comparison

Company LTP Market Cap (in ₹ Cr)
Vedant Fashions Ltd ₹1,265 ₹30,729.68
Page Industries Ltd ₹48,193.55 ₹53,754.48
K P R Mill Ltd ₹1,015.80 ₹34,721.47
Gokaldas Exports Ltd ₹1,146.55 ₹8,193.99
Pearl Global Industries Ltd ₹1,533.25 ₹7,041.17
Kitex Garments Ltd ₹729.25 ₹4,849.51

Vedant Fashions Ltd News

Vedant Fashions allots 9,741 equity shares under ESOS

18 Dec 2024

Vedant Fashions spurts after Q2 PAT jumps 37% YoY to Rs 67 cr

Vedant Fashions surged 8.17% to Rs 1,353.10 after the company reported 37.31% increase in consolidated net profit to Rs 66.90 crore in Q2 FY25 as against Rs 48.72 crore posted in Q2 FY24.

29 Oct 2024

Vedant Fashions allots Equity Shares

Under ESOP

29 Oct 2024

Vedant Fashions to announce Quarterly Result

On 29 October 2024

23 Oct 2024

Volumes spurt at Vedant Fashions Ltd counter

Vedant Fashions Ltd registered volume of 4.72 lakh shares by 10:47 IST on BSE, a 39.26 fold spurt over two-week average daily volume of 12024 shares

16 Oct 2024

Vedant Fashions Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue1,433.131,363.011,057.29599.97947.28
Total Expenses884.72795.97643.52421.48624.47
Profit Before Tax548.42567.03413.77178.49322.81
Profit After Tax414.57422.89308.35130.74245.12
Operating Profit after Depreciation592.88597.38440.84203.56347.61

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets663.06517.71495.19445.92482.74
Total Non Current Assets1,135.87843.35731.99652.50651.67
Total Current Assets1,366.731,317.481,016.97970.13939.01
TOTAL ASSETS2,502.602,160.821,748.961,622.631,590.68
Total Shareholder's Fund1,597.451,395.051,084.131,099.361,076.14

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities478.21459.12341.07252.70240.66
Net Cash used in Investing Activities-103.80-227.8962.01-90.02-95.93
Net Cash used in Financing Activities-360.74-226.39-406.45-164.75-137.90

Vedant Fashions Ltd Corporate Actions

Vedant Fashions Ltd

₹8.5/Share

Announcement Date 23 Aug 2024
Record Date 23 Aug 2024
Div Yield 850%

About Vedant Fashions Ltd

Vedant Fashions Ltd, established in 2002, is a prominent player in the Indian wedding and celebration wear market. The company is renowned for its flagship brand, Manyavar, which specializes in men's ethnic wear. Over the years, Vedant Fashions has expanded its portfolio by introducing new brands such as Mohey, Twamev, Mebaz, and Manthan. These brands cater to a diverse range of customers, spanning different age groups and genders.

Vedant Fashions, operating within the apparel and fashion sector, has carved a niche for itself. It seamlessly blends traditional Indian craftsmanship with contemporary fashion trends. They have been in the business for decades, consistently growing their presence both domestically and internationally. The headquarters of Vedant Fashions is in Kolkata, West Bengal.

The promoters of the company include Ravi Modi Family Trust, with a 57.17% stake. Ravi Modi serves as the Chairman & Managing Director of the company. Other than him, there is also a team of managerial promoters who manage the operations of the company. They are-
  • Shilpi Modi
  • Sunish Sharma
  • Manish Mahendra Choksi
  • Tarun Puri

The main products offered by Vedant Fashions include a variety of ethnic wear for men, women, and children, with a focus on wedding and celebration attire.

Vedant Fashions is a dominant player in its sector, with Manyavar being one of the most recognized brands in the Indian ethnic wear market. The company's stock performance and market share reflect its strong position in the industry. Specific details about its ranking as the number one stock in the sector are not readily available. However, Vedant Fashions' strong market presence and brand recognition are noteworthy.

The registered office of Vedant Fashions is in Kolkata, West Bengal. Meanwhile the office of the registrars is in Hyderabad, Telangana. The company's commitment to quality, innovation, and customer satisfaction has helped it build a loyal customer base and achieve long-term success in the competitive fashion industry.

The Contribution of Vedant Fashions Limited to the Indian Wedding and Celebration Wear Market

Vedant Fashions Ltd has made a significant impact on the Indian wedding and celebration wear market. Established in 2002, the company has grown to become a leading name in the industry. Its flagship brand, Manyavar, is synonymous with high-quality ethnic wear for men. Over the years, Vedant Fashions has expanded its portfolio to include other brands like Mohey, Twamev, Mebaz, and Manthan, catering to a diverse customer base.

The company's success can be attributed to its ability to blend traditional Indian craftsmanship with contemporary fashion trends. This unique approach has resonated with customers, making Vedant Fashions a preferred choice for wedding and celebration attire. The company's commitment to quality and innovation has helped it build a loyal customer base and achieve long-term success.

Vedant Fashions operates in the apparel and fashion sector, focusing on ethnic wear for men, women, and children. The company's products are designed to cater to various occasions, including weddings and other celebrations. This focus on special occasions has allowed Vedant Fashions to carve a niche for itself in the highly competitive fashion industry.

The headquarters of Vedant Fashions is located in Kolkata, West Bengal. The company is led by Ravi Modi, who serves as the Chairman and Managing Director. Under his leadership, Vedant Fashions has achieved significant milestones and established a strong brand presence. The company's growth can be attributed to its strategic vision and ability to adapt to changing market trends.

One of the key factors behind Vedant Fashions' success is its extensive retail network. The company boasts a strong presence in both domestic and international markets. It operates over 600 exclusive brand outlets and more than 1,000 multi-brand outlets. This widespread distribution network has helped Vedant Fashions reach a large customer base and increase its market share.

Vedant Fashions' main products include a variety of ethnic wear for men, women, and children. The company's flagship brand, Manyavar, offers a wide range of products, including sherwanis and Indo-western outfits for men. Mohey, another popular brand under Vedant Fashions, focuses on women's ethnic wear, offering products like lehengas and gowns. The company's other brands, Twamev, Mebaz, and Manthan, cater to diverse market segments. This approach ensures a comprehensive product offering for its customers.

The company's commitment to quality and customer satisfaction has been instrumental in its success. Vedant Fashions uses high-quality fabrics and employs skilled artisans to create its products. This focus on quality has helped the company build a strong reputation in the market and attract a loyal customer base.

Vedant Fashions' contribution to the Indian wedding and celebration wear market is undeniable. The company's ability to blend traditional craftsmanship with contemporary fashion trends has set it apart from its competitors. Its extensive retail network and commitment to quality have helped it to achieve long-term goals and the success of the company.

Vedant Fashions Ltd has revolutionised the Indian wedding and celebration wear market with its innovative approach and commitment to quality. The company's emphasis on innovation and client pleasure will surely fuel its ongoing success in the cutthroat fashion sector as it looks to the future.

Vedant Fashions Ltd Stock Analysis

  1. Annual revenue for Vedant Fashions Ltd increased by 5.15% to ₹1,433.13 crore in FY 2024 from ₹1,363.01 crore in FY 2023.
  2. Annual Net Profit for Vedant Fashions Ltd decreased by 1.97% to ₹414.57 crore in FY 2024 from ₹422.89 crore in FY 2023.
  3. Promoter Shareholding in Vedant Fashions Ltd decreased by 0.01% in the most recent quarter, from 74.97% in June 2024 to 74.96% in September 2024.
  4. Vedant Fashions Ltd delivered a 1-year return of -0.34% compared to the Nifty 50, which provided a return of 9.20% as of the last trading session.
  5. Vedant Fashions Ltd share price moved down by 0.60% from its previous close of INR ₹1,271.05. The latest Vedant Fashions Ltd share price is INR ₹1,263.40.
  6. Vedant Fashions Ltd share price today has been at a low of 1,249 and a high of 1,287.65. Over the past 52 weeks, the Vedant Fashions Ltd share price has seen a low of 886.05 and a high of 1,512.

FAQ’s

What is the share price of Vedant Fashions Ltd today?

Vedant Fashions Ltd share price as on 2 Jan 2025 is ₹ 1263.4

What is the Market Cap of Vedant Fashions Ltd?

The market cap of Vedant Fashions Ltd stock is ₹30,690.81 Cr.

What is the PE Ratio of Vedant Fashions Ltd?

The Price to Earnings (P/E) Ratio of Vedant Fashions Ltd is 54.38

What is the PB Ratio of Vedant Fashions Ltd?

The Price to Book (P/B) Ratio of Vedant Fashions Ltd is 14.12

What is the 52 week high of Vedant Fashions Ltd Share Price?

The 52 week high of Vedant Fashions Ltd share price stands at ₹1,512

What is the 52 week low of Vedant Fashions Ltd Share Price?

The 52 week low of Vedant Fashions Ltd share price stands at ₹886.05

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