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Vardhman Textiles Ltd

VTL

Vardhman Textiles Ltd

VTL
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹12,707 cr, stock is ranked 459
Moderate RiskStock is 2.44x as volatile as Nifty
439.450.27% (+1.20)
439.450.27% (+1.20)

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Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹12,707 cr, stock is ranked 459
Moderate RiskStock is 2.44x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹12,707 cr, stock is ranked 459
Moderate RiskStock is 2.44x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
15.961.38
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
38.086.630.74%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 3 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Vardhman Textiles Limited is an integrated textile manufacturer engaged in manufacturing of cotton yarn, synthetic yarn, woven fabric, sewing thread, acrylic fiber, tow 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.

Higher 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 6.77%, vs industry avg of 2.95%

Increasing 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 increased from 4.98% to 5.75%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -2.87%, vs industry avg of -9.64%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue6,017.946,620.676,463.137,116.576,921.616,362.069,886.3510,369.999,873.279,938.83
Raw Materialssubtract2,817.063,021.193,442.433,586.673,613.203,193.764,966.375,916.425,497.428,384.39
Power & Fuel Costsubtract643.77596.13627.09709.14754.87606.63762.46876.78908.03
Employee Costsubtract433.79478.85506.26550.23595.93590.11729.06767.23839.98
Selling & Administrative Expensessubtract168.58159.81173.71183.49187.61217.40363.60312.61291.54
Operating & Other expensessubtract620.10574.67595.82654.63646.04718.13526.94940.46994.50
Depreciation/Amortizationsubtract374.25343.40240.00254.02333.22363.81367.51394.43404.59392.84
Interest & Other Itemssubtract88.86128.68118.19119.65135.27113.3299.72102.15102.2883.46
Taxes & Other Itemssubtract256.93336.53178.44328.0277.95144.55523.99264.75203.34281.97
EPS19.9233.8920.8825.8920.4414.6654.5827.9722.2027.98
DPS3.003.003.003.500.003.5034.003.500.004.00
Payout ratio0.150.090.140.140.000.240.620.130.000.14

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2015

Annual Report Unavailable

Investor Presentation

Jun 1PDF
Mar 23PDF
FY 2016

Annual Report Unavailable

Investor Presentation

May 20PDF
FY 2017

Annual Report Unavailable

FY 2018

Annual Report Unavailable

FY 2019

Annual Report Unavailable

 

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryTextiles

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Vardhman Textiles Ltd20.121.38
Vedant Fashions Ltd81.4421.060.61%
KPR Mill Ltd39.127.230.54%
Aditya Birla Real Estate Ltd558.776.900.20%

Price Comparison

Compare VTL with any stock or ETF
Compare VTL with any stock or ETF
VTL
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Shareholdings

Promoter Holdings Trend

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 almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

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 almost stayed constant

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 Holding64.19%15.20%1.40%6.03%13.19%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep6.65%6.95%6.37%6.28%6.12%6.03%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Vardhman Textiles Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HDFC Small Cap Fund - Growth - Direct Plan

Growth
3.4734%1.32%-0.21%29/92 (-12)
Nippon India Small Cap Fund - Growth - Direct Plan

Growth
2.9510%0.61%-0.09%37/232 (-4)
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan

Growth
2.8182%0.48%-0.07%59/79 (-3)

Compare 3-month MF holding change on Screener

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 dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 6, 2024

Final
Final | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Sep 6, 2024

Cash Dividend

Ex DateEx DateSep 15, 2023

Final
Final | Div/Share: ₹3.50

Dividend/Share

3.50

Ex DateEx Date

Sep 15, 2023

Cash Dividend

Ex DateEx DateNov 2, 2021

Interim
Interim | Div/Share: ₹34.00

Dividend/Share

34.00

Ex DateEx Date

Nov 2, 2021

Cash Dividend

Ex DateEx DateSep 16, 2021

Final
Final | Div/Share: ₹17.50

Dividend/Share

17.50

Ex DateEx Date

Sep 16, 2021

Cash Dividend

Ex DateEx DateSep 18, 2019

Final
Final | Div/Share: ₹17.50

Dividend/Share

17.50

Ex DateEx Date

Sep 18, 2019

News & Opinions
Earnings
Vardhman Textiles consolidated net profit rises 46.57% in the September 2024 quarter

Net profit of Vardhman Textiles rose 46.57% to Rs 196.85 crore in the quarter ended September 2024 as against Rs 134.30 crore during the previous quarter ended September 2023. Sales rose 4.38% to Rs 2502.42 crore in the quarter ended September 2024 as against Rs 2397.46 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2502.422397.46 4 OPM %12.598.57 - PBDT390.15281.55 39 PBT290.51177.84 63 NP196.85134.30 47 Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Vardhman Textiles to hold AGM

Vardhman Textiles announced that the Annual General Meeting (AGM) of the company will be held on 19 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Vardhman Textiles: Bangladesh Unrest To Boost India's Textile Industry, Trade Disruptions to Watch?
3 months agoET NOW

Vardhman Textiles consolidated net profit rises 74.76% in the June 2024 quarter

3 months agoBusiness Standard
Earnings
Vardhman Textiles consolidated net profit rises 74.76% in the June 2024 quarter

Net profit of Vardhman Textiles rose 74.76% to Rs 238.50 crore in the quarter ended June 2024 as against Rs 136.47 crore during the previous quarter ended June 2023. Sales declined 0.42% to Rs 2308.59 crore in the quarter ended June 2024 as against Rs 2318.30 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales2308.592318.30 0 OPM %15.079.29 - PBDT409.04286.18 43 PBT312.05181.51 72 NP238.50136.47 75 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Vardhman Textiles to convene board meeting

Vardhman Textiles will hold a meeting of the Board of Directors of the Company on 30 July 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

Technical Analysis: CG Power and Industrial Solutions, Mangalore Refinery & Petrochemicals and Vardhman Textiles

4 months agoThe Hindu Businessline

Vardhman Textiles Q3 Review - Soft Raw Material, Better Capacity Utilisation Drive Profitability: Systematix

9 months agoBloomberg Quint

Vardhman Textiles Q2 Results Review - Capacity Utilisation, Demand Revival To Improve Margins: Systematix

1 year agoBloomberg Quint

Stock to buy today: Vardhman Textiles (₹373.05)

1 year agoThe Hindu Businessline