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Vardhman Polytex Ltd

VARDMNPOLY

Vardhman Polytex Ltd

VARDMNPOLY
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹383 cr, stock is ranked 1,964
High RiskStock is 3.29x as volatile as Nifty
9.240.00% (+0.00)
9.240.00% (+0.00)

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1M
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Max
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Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹383 cr, stock is ranked 1,964
High RiskStock is 3.29x as volatile as Nifty
Scorecard

Performance

High

The creamy layer - amongst the top performing stocks

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Avg

The stock is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹383 cr, stock is ranked 1,964
High RiskStock is 3.29x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
-99.10-1.06
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
37.566.540.75%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Vardhman Polytex Limited is engaged in the manufacture of yarn and garments.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of -13.26%, vs industry avg of 2.95%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.57% to 0.23%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue928.11874.56626.67813.89738.37512.34932.65722.05399.73284.72
Raw Materialssubtract599.95607.74464.93609.34427.92367.46708.59509.14320.35294.24
Power & Fuel Costsubtract94.2484.4262.6978.5254.9050.6471.3745.1134.99
Employee Costsubtract54.8154.8647.9557.0745.1538.7057.1945.1838.28
Selling & Administrative Expensessubtract34.2238.4029.9725.7619.2916.9210.8212.861.03
Operating & Other expensessubtract33.268.79356.8239.3513.9721.6222.3942.6718.01
Depreciation/Amortizationsubtract28.1820.6520.5218.3115.6414.5413.6512.1910.489.75
Interest & Other Itemssubtract74.4360.3767.6759.7959.7159.1564.1953.413.36-15.40
Taxes & Other Itemssubtract0.000.000.000.000.000.000.000.000.00
EPS0.36-0.03-16.77-2.944.03-2.24-0.620.06-1.02-0.14
DPS0.000.000.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryTextiles

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Vardhman Polytex Ltd-14.33-1.06
Vedant Fashions Ltd80.2820.760.62%
KPR Mill Ltd39.667.330.54%
Aditya Birla Real Estate Ltd555.906.860.20%

Price Comparison

Compare VARDMNPOLY with any stock or ETF
Compare VARDMNPOLY with any stock or ETF
VARDMNPOLY
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Shareholdings

Promoter Holdings Trend

Decreased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 16.83%

High Pledged Promoter Holding

Lower pledged promoter holdings is considered better

A significant proportion of promoter holdings is pledged

Institutional Holdings Trend

Decreased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 4.53%

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding32.31%0.00%0.00%0.24%67.44%

Jun 2024

Sep 2024

Oct 2024

Nov 2024

Shareholding History

Dec '23MarJunSepOctNov0.65%0.38%0.24%0.32%0.27%0.24%

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

VARDMNPOLY has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Dividends

Hmm, looks like data is unavailable here. Please come back after some time
News & Opinions
Earnings
Vardhman Polytex reports standalone net profit of Rs 0.63 crore in the September 2024 quarter

Net profit of Vardhman Polytex reported to Rs 0.63 crore in the quarter ended September 2024 as against net loss of Rs 34.07 crore during the previous quarter ended September 2023. Sales declined 35.98% to Rs 64.40 crore in the quarter ended September 2024 as against Rs 100.60 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales64.40100.60 -36 OPM %-5.90-20.13 - PBDT2.96-31.42 LP PBT0.63-34.07 LP NP0.63-34.07 LP Powered by Capital Market - Live

6 days agoCapital Market - Live
Corporate
Vardhman Polytex schedules board meeting

Vardhman Polytex will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Vardhman Polytex schedules AGM

Vardhman Polytex announced that the 44th Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Vardhman Polytex to conduct board meeting

Vardhman Polytex will hold a meeting of the Board of Directors of the Company on 22 August 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Vardhman Polytex reports standalone net loss of Rs 10.75 crore in the June 2024 quarter

Net loss of Vardhman Polytex reported to Rs 10.75 crore in the quarter ended June 2024 as against net profit of Rs 1.05 crore during the previous quarter ended June 2023. Sales declined 52.76% to Rs 64.03 crore in the quarter ended June 2024 as against Rs 135.53 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales64.03135.53 -53 OPM %-14.09-2.34 - PBDT-8.423.79 PL PBT-10.751.05 PL NP-10.751.05 PL Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Vardhman Polytex to table results

Vardhman Polytex will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live

Vardhman Polytex gains 1% on liquidation of 100% wholly-owned overseas subsidiary

2 years agoIndia Infoline

Vardhman Polytex reports standalone net loss of Rs 1.18 crore in the March 2021 quarter

3 years agoBusiness Standard

Vardhman Polytex reports consolidated net loss of Rs 1.19 crore in the March 2021 quarter

3 years agoBusiness Standard

Magnum Ventures Ltd leads gainers in ‘B’ group

3 years agoBusiness Standard