Vardhman Textiles Ltd

Vardhman Textile Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Vardhman Textiles Ltd

₹ 439 0.27%
22 Nov - close price
vardhman.com BSE: 502986 NSE: VTL
About

Vardhman textiles is engaged in the business of manufacturing Yarn, Fabric, Acrylic Fiber and Garments, the Group has over the years developed as a business conglomerate with a presence in India and in 75 countries across the globe. [1]

Key Points

Market Position
The group is among the top three woven fabric manufacturers in India. [1]

Website BSE NSE
  • Market Cap ₹ 12,708 Cr.
  • Current Price ₹ 439
  • High / Low ₹ 592 / 375
  • Stock P/E 16.0
  • Book Value ₹ 316
  • Dividend Yield 0.91 %
  • ROCE 8.10 %
  • ROE 6.57 %
  • Face Value ₹ 2.00
Edit ratios

Pros

  • Company has reduced debt.
  • Company has been maintaining a healthy dividend payout of 30.4%

Cons

  • Company has a low return on equity of 12.6% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Textiles Industry: Textiles - Cotton/Blended

Part of BSE 250 SmallCap Index BSE 400 MidSmallCap Index BSE Allcap BSE Consumer Discretionary BSE 500

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
2,330 2,521 2,642 2,731 2,387 2,294 2,428 2,263 2,334 2,289 2,413 2,270 2,455
1,656 1,911 2,135 2,220 2,038 2,127 2,170 2,045 2,134 2,051 2,110 1,926 2,140
Operating Profit 674 610 507 511 349 167 258 218 200 237 303 344 315
OPM % 29% 24% 19% 19% 15% 7% 11% 10% 9% 10% 13% 15% 13%
64 231 48 22 29 68 73 92 91 86 64 65 110
Interest 24 21 29 26 25 21 30 32 22 19 28 18 18
Depreciation 90 91 91 92 97 97 103 103 102 98 95 96 99
Profit before tax 623 729 435 415 256 117 199 174 167 206 244 295 309
Tax % 25% 20% 26% 25% 24% 22% 24% 25% 23% 22% 23% 23% 29%
470 584 323 313 195 91 150 131 128 161 187 227 220
EPS in Rs 16.30 20.25 11.17 10.84 6.74 3.13 5.20 4.55 4.44 5.57 6.45 7.85 7.60
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
4,149 5,159 5,730 5,602 5,691 5,851 6,415 6,325 5,926 9,386 9,841 9,299 9,427
3,320 3,898 4,789 4,494 4,560 4,993 5,283 5,442 5,159 7,124 8,556 8,340 8,227
Operating Profit 828 1,261 942 1,108 1,131 859 1,132 883 767 2,262 1,285 958 1,200
OPM % 20% 24% 16% 20% 20% 15% 18% 14% 13% 24% 13% 10% 13%
55 64 158 241 628 185 218 172 188 385 193 334 326
Interest 174 152 122 87 125 114 118 133 113 100 102 102 83
Depreciation 254 294 489 363 329 229 241 319 358 362 389 399 389
Profit before tax 455 879 489 899 1,305 701 990 603 484 2,186 987 791 1,054
Tax % 29% 26% 27% 25% 23% 22% 30% 10% 24% 23% 24% 23%
324 652 359 676 1,002 546 696 545 367 1,677 749 608 794
EPS in Rs 10.17 20.48 11.28 21.25 34.87 19.00 24.21 18.97 12.74 58.07 25.91 21.01 27.47
Dividend Payout % 12% 11% 18% 14% 8% 16% 14% 0% 27% 59% 14% 19%
Compounded Sales Growth
10 Years: 6%
5 Years: 8%
3 Years: 16%
TTM: 1%
Compounded Profit Growth
10 Years: -1%
5 Years: -2%
3 Years: 18%
TTM: 59%
Stock Price CAGR
10 Years: 18%
5 Years: 20%
3 Years: 4%
1 Year: 4%
Return on Equity
10 Years: 12%
5 Years: 11%
3 Years: 13%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 64 64 64 62 56 57 57 58 58 58 58 58 58
Reserves 2,213 2,785 3,020 3,628 3,930 4,575 5,182 5,609 6,081 7,481 8,236 8,747 9,082
3,025 3,227 2,506 2,596 2,198 2,282 2,238 2,197 2,132 1,980 1,677 1,790 952
622 805 716 700 775 782 892 864 793 1,056 890 891 1,082
Total Liabilities 5,923 6,880 6,305 6,985 6,959 7,696 8,369 8,727 9,064 10,576 10,861 11,487 11,175
2,336 2,775 2,496 2,500 2,458 2,507 3,059 3,481 3,468 3,436 3,880 3,711 3,671
CWIP 213 85 77 85 49 105 274 139 78 241 47 61 271
Investments 559 712 674 1,070 1,643 1,592 1,087 1,031 813 1,458 2,247 1,362 2,364
2,816 3,309 3,058 3,330 2,809 3,492 3,950 4,075 4,705 5,441 4,687 6,353 4,869
Total Assets 5,923 6,880 6,305 6,985 6,959 7,696 8,369 8,727 9,064 10,576 10,861 11,487 11,175

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
269 706 1,211 869 1,289 90 447 851 115 1,430 1,815 -1,062
-469 -677 -144 -480 -252 -160 -227 -462 -31 -883 -1,406 1,107
168 -2 -944 -288 -1,213 97 -247 -278 -199 -521 -397 -86
Net Cash Flow -32 26 123 101 -175 27 -28 111 -114 26 13 -42

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 56 52 43 50 46 45 43 46 63 51 44 47
Inventory Days 269 292 192 240 208 244 269 274 317 233 146 273
Days Payable 8 15 15 19 23 28 26 32 30 29 19 21
Cash Conversion Cycle 316 329 220 271 231 261 286 288 350 255 170 299
Working Capital Days 170 152 94 126 114 158 168 176 221 165 132 212
ROCE % 12% 18% 10% 16% 15% 11% 14% 9% 7% 25% 11% 8%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
63.15% 62.93% 62.91% 63.75% 63.85% 63.85% 64.07% 64.11% 64.13% 64.13% 64.19% 64.19%
6.30% 8.26% 7.51% 6.99% 7.07% 6.85% 6.65% 6.95% 6.37% 6.29% 6.12% 6.03%
18.84% 16.52% 16.56% 16.71% 16.85% 17.01% 16.95% 16.70% 16.84% 16.54% 16.65% 16.59%
0.00% 0.34% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
11.71% 11.95% 13.01% 12.51% 12.21% 12.30% 12.32% 12.25% 12.65% 13.04% 13.02% 13.18%
No. of Shareholders 57,31174,44985,45381,99976,00274,07768,70866,67667,84868,94563,87071,874

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls