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Vardhman Polytex

  • Market Cap: Micro Cap
  • Industry: Textile
  • ISIN: INE835A01029
  • NSEID: VARDMNPOLY
  • BSEID: 514175
INR
10.40
0.27 (2.67%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 2.4 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

10.3111.20

52 Week

7.7215.30
Valuation
Technical
Day's Volume

CASH

2.4 lacs (17.73%) Volume

Shareholding (Mar 2025)

FII

0.54%

Held by 6 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

34.22%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

With a Negative Book Value, the company has a Weak Long Term Fundamental Strength

  • Poor long term growth as Net Sales has grown by an annual rate of -15.35% and Operating profit at 0% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 0 times
2

Stock is technically in a Mildly Bearish range

3

Risky - Negative Book Value

4

69.62% of Promoter Shares are Pledged

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Textile

stock-summary
Market cap

INR 453 Cr (Micro Cap)

stock-summary
P/E

30.00

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.18

stock-summary
Return on Equity

-4.01%

stock-summary
Price to Book

-1.19

Revenue and Profits (1 Year):
Net Sales:
75 Cr
(Quarterly Results - Dec 2024)
Net Profit:
24 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-15.1%
0%
-15.1%
1 Year
32.47%
0%
32.47%
2 Years
233.55%
0%
233.55%
3 Years
307.84%
0%
307.84%
4 Years
482.63%
0%
482.63%
5 Years
2553.06%
0%
2553.06%

Latest dividend: 0.9500 per share ex-dividend date: Sep-18-2008

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-15.35%
EBIT Growth (5y)
17.03%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
69.62%
Institutional Holding
0.55%
ROCE (avg)
-18.11%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
30
Industry P/E
18
Price to Book Value
-1.19
EV to EBIT
142.86
EV to EBITDA
39.54
EV to Capital Employed
-1.68
EV to Sales
1.84
PEG Ratio
0.25
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
Negative BV
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

69.6153

Mutual Funds

Held by 2 Schemes (0.0%)

FIIs

Held by 6 FIIs (0.54%)

Promoter with highest holding

Panchsheel Textile Manufacturing And Trdg Co.(p) Ltd (9.65%)

Highest Public shareholder

Anupama Kothari (10.9%)

Individual Investors Holdings

57.53%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 17.00% vs 0.58% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 3,719.05% vs 105.86% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "75.35",
          "val2": "64.40",
          "chgp": "17.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "26.69",
          "val2": "-3.80",
          "chgp": "802.37%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.59",
          "val2": "2.60",
          "chgp": "38.08%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "24.06",
          "val2": "0.63",
          "chgp": "3,719.05%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "35.42%",
          "val2": "-5.90%",
          "chgp": "41.32%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -45.61% vs -34.30% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 69.35% vs -362.46% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "128.43",
          "val2": "236.14",
          "chgp": "-45.61%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-12.82",
          "val2": "-23.41",
          "chgp": "45.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "7.04",
          "val2": "25.79",
          "chgp": "-72.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-10.12",
          "val2": "-33.02",
          "chgp": "69.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-9.98%",
          "val2": "-9.91%",
          "chgp": "-0.07%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -31.38% vs -34.36% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 150.31% vs -395.42% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "203.78",
          "val2": "296.95",
          "chgp": "-31.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "13.87",
          "val2": "-40.94",
          "chgp": "133.88%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "10.63",
          "val2": "3.21",
          "chgp": "231.15%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "13.94",
          "val2": "-27.71",
          "chgp": "150.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.81%",
          "val2": "-13.79%",
          "chgp": "20.60%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -39.78% vs -33.72% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -1,895.97% vs 109.58% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "370.64",
          "val2": "615.51",
          "chgp": "-39.78%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-41.90",
          "val2": "-36.27",
          "chgp": "-15.52%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.35",
          "val2": "53.40",
          "chgp": "-93.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "97.20",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-26.76",
          "val2": "1.49",
          "chgp": "-1,895.97%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-11.30%",
          "val2": "-5.89%",
          "chgp": "-5.41%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
75.35
64.40
17.00%
Operating Profit (PBDIT) excl Other Income
26.69
-3.80
802.37%
Interest
3.59
2.60
38.08%
Exceptional Items
0.00
0.00
Standalone Net Profit
24.06
0.63
3,719.05%
Operating Profit Margin (Excl OI)
35.42%
-5.90%
41.32%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 17.00% vs 0.58% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 3,719.05% vs 105.86% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
128.43
236.14
-45.61%
Operating Profit (PBDIT) excl Other Income
-12.82
-23.41
45.24%
Interest
7.04
25.79
-72.70%
Exceptional Items
0.00
0.00
Standalone Net Profit
-10.12
-33.02
69.35%
Operating Profit Margin (Excl OI)
-9.98%
-9.91%
-0.07%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -45.61% vs -34.30% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 69.35% vs -362.46% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
203.78
296.95
-31.38%
Operating Profit (PBDIT) excl Other Income
13.87
-40.94
133.88%
Interest
10.63
3.21
231.15%
Exceptional Items
0.00
0.00
Standalone Net Profit
13.94
-27.71
150.31%
Operating Profit Margin (Excl OI)
6.81%
-13.79%
20.60%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -31.38% vs -34.36% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 150.31% vs -395.42% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
370.64
615.51
-39.78%
Operating Profit (PBDIT) excl Other Income
-41.90
-36.27
-15.52%
Interest
3.35
53.40
-93.73%
Exceptional Items
0.00
97.20
-100.00%
Standalone Net Profit
-26.76
1.49
-1,895.97%
Operating Profit Margin (Excl OI)
-11.30%
-5.89%
-5.41%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -39.78% vs -33.72% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -1,895.97% vs 109.58% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Vardhman Polytex Ltd stock-summary
stock-summary
Vardhman Polytex Ltd
Micro Cap
Textile
Promoted as a joint sector company by Mohta Industries (MIL) and the Punjab State Industrial Development Corporation (PSIDC), Vardman Polytex Ltd. (VPL) was incorporated as Punjab Mohta Polytex. The Company's principal activity is manufacturing of yarn & garments. The company came out with a rights issue at a premium of Rs 60 aggregating Rs 24.92 cr and 28.48 lac 13% secured NCDs of Rs 250 aggregating Rs 71.21 cr in Jan.'95.
Company Coordinates stock-summary
Company Details
Vardhman Park, Chandigarh Road Ludhiana Punjab : 141123
stock-summary
Tel: 91-161-6629888
stock-summary
http://www.vpl.in
stock-summary
info@vpl.in
Registrar Details
Alankit Assignments Ltd , Alankit House , 2 E/21, Jhandewala Extension, New Delhi
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