Vardhman Textiles Ltd
VTLVardhman Textiles Ltd
VTL
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 18.61 | 1.61 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 38.67 | 6.74 | 0.73% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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.
Peers
Compare with peersKPR Mill Ltd
Vedant Fashions Ltd
Aditya Birla Real Estate Ltd
Swan Energy Ltd
Trident Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 6,017.94 | 6,620.67 | 6,463.13 | 7,116.57 | 6,921.61 | 6,362.06 | 9,886.35 | 10,369.99 | 9,873.27 | 9,938.83 | ||||||||||
Raw Materials | 2,817.06 | 3,021.19 | 3,442.43 | 3,586.67 | 3,613.20 | 3,193.76 | 4,966.37 | 5,916.42 | 5,497.42 | 8,384.39 | ||||||||||
| Power & Fuel Cost | 643.77 | 596.13 | 627.09 | 709.14 | 754.87 | 606.63 | 762.46 | 876.78 | 908.03 | |||||||||||
| Employee Cost | 433.79 | 478.85 | 506.26 | 550.23 | 595.93 | 590.11 | 729.06 | 767.23 | 839.98 | |||||||||||
| Selling & Administrative Expenses | 168.58 | 159.81 | 173.71 | 183.49 | 187.61 | 217.40 | 363.60 | 312.61 | 291.54 | |||||||||||
| Operating & Other expenses | 620.10 | 574.67 | 595.82 | 654.63 | 646.04 | 718.13 | 526.94 | 940.46 | 994.50 | |||||||||||
EBITDA | 1,334.64 | 1,790.02 | 1,117.82 | 1,432.41 | 1,123.96 | 1,036.03 | 2,537.92 | 1,556.49 | 1,341.80 | 1,554.44 | ||||||||||
| Depreciation/Amortization | 374.25 | 343.40 | 240.00 | 254.02 | 333.22 | 363.81 | 367.51 | 394.43 | 404.59 | 392.84 | ||||||||||
| PBIT | 960.39 | 1,446.62 | 877.82 | 1,178.39 | 790.74 | 672.22 | 2,170.41 | 1,162.06 | 937.21 | 1,161.60 | ||||||||||
| Interest & Other Items | 88.86 | 128.68 | 118.19 | 119.65 | 135.27 | 113.32 | 99.72 | 102.15 | 102.28 | 83.46 | ||||||||||
| PBT | 871.53 | 1,317.94 | 759.63 | 1,058.74 | 655.47 | 558.90 | 2,070.69 | 1,059.91 | 834.93 | 1,078.14 | ||||||||||
| Taxes & Other Items | 256.93 | 336.53 | 178.44 | 328.02 | 77.95 | 144.55 | 523.99 | 264.75 | 203.34 | 281.97 | ||||||||||
| Net Income | 614.60 | 981.41 | 581.19 | 730.72 | 577.52 | 414.35 | 1,546.70 | 795.16 | 631.59 | 796.17 | ||||||||||
| EPS | 19.92 | 33.89 | 20.88 | 25.89 | 20.44 | 14.66 | 54.58 | 27.97 | 22.20 | 27.98 | ||||||||||
| DPS | 3.00 | 3.00 | 3.00 | 3.50 | 0.00 | 3.50 | 34.00 | 3.50 | 0.00 | 4.00 | ||||||||||
| Payout ratio | 0.15 | 0.09 | 0.14 | 0.14 | 0.00 | 0.24 | 0.62 | 0.13 | 0.00 | 0.14 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
Consumer DiscretionaryTextiles
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Vardhman Textiles Ltd | 23.46 | 1.61 | — |
| KPR Mill Ltd | 43.83 | 8.10 | 0.48% |
| Vedant Fashions Ltd | 72.71 | 18.80 | 0.69% |
| Aditya Birla Real Estate Ltd | 547.95 | 6.76 | 0.20% |
Price Comparison
Compare VTL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
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) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HDFC Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.9154% | Percentage of the fund’s portfolio invested in the stock 1.32% | Change in the portfolio weight of the stock over the last 3 months -0.05% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 27/92 (0) |
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.4770% | Percentage of the fund’s portfolio invested in the stock 0.62% | Change in the portfolio weight of the stock over the last 3 months -0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 150/234 (-76) |
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.3530% | Percentage of the fund’s portfolio invested in the stock 0.47% | Change in the portfolio weight of the stock over the last 3 months -0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 57/78 (0) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
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
Dividend/Share
₹4.00
Ex DateEx Date
Sep 6, 2024
Cash Dividend
Ex DateEx DateSep 15, 2023
Dividend/Share
₹3.50
Ex DateEx Date
Sep 15, 2023
Cash Dividend
Ex DateEx DateNov 2, 2021
Dividend/Share
₹34.00
Ex DateEx Date
Nov 2, 2021
Cash Dividend
Ex DateEx DateSep 16, 2021
Dividend/Share
₹17.50
Ex DateEx Date
Sep 16, 2021
Cash Dividend
Ex DateEx DateSep 18, 2019
Dividend/Share
₹17.50
Ex DateEx Date
Sep 18, 2019
Vardhman Fabrics has an existing processed fabric capacity of 175 million meter per annum. The current capacity utilization level is 90%. The proposed capital expenditure would be funded from either internal accruals or debt. With the enhanced capacity, the company expects 'to meet increasing demand of processed fabric in both export and domestic markets. The Vardhman Group is one of the leading textile groups in India, with operations across the yarn, fabric, sewing threads, fibre, special alloys and garment sectors. Vardhman Textiles had reported 46.57% increase in consolidated net profit to Rs 196.85 crore on a 4.38% rise in net sales to Rs 2,502.42 crore in Q2 FY25 as compared with Q2 FY24. Powered by Capital Market - Live
The Board of Vardhman Textiles at its meeting held on 28 November 2024 has approved to increase the processed fabric capacity at Vardhman Fabrics, Budhni, Madhya Pradesh by about 31 million meters p.a. with a total capital outlay of Rs. 350 crore (approx.). Powered by Capital Market - Live
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
Vardhman Textiles announced that the Annual General Meeting (AGM) of the company will be held on 19 September 2024.Powered by Capital Market - Live
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
Vardhman Textiles will hold a meeting of the Board of Directors of the Company on 30 July 2024.Powered by Capital Market - Live
Technical Analysis: CG Power and Industrial Solutions, Mangalore Refinery & Petrochemicals and Vardhman Textiles
Vardhman Textiles Q3 Review - Soft Raw Material, Better Capacity Utilisation Drive Profitability: Systematix
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 6.77%, vs industry avg of 2.99%
Increasing Market Share
Over the last 5 years, market share increased from 4.99% to 5.74%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -2.87%, vs industry avg of -9.6%