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Vardhman Textile

  • Market Cap: Mid Cap
  • Industry: Textile
  • ISIN: INE825A01020
  • NSEID: VTL
  • BSEID: 502986
INR
451.00
13.35 (3.05%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.99 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

439.90461.85

52 Week

362.60592.25
Valuation
Technical
Day's Volume

CASH

1.99 lacs (-91.51%) Volume

Shareholding (Dec 2024)

FII

5.97%

Held by 134 FIIs

DII

16.71%

Held by 27 DIIs

Promoter

64.21%

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

Poor long term growth as Net Sales has grown by an annual rate of 7.12% and Operating profit at 6.05% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

Below par performance in long term as well as near term

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

Textile

stock-summary
Market cap

INR 13,042 Cr (Mid Cap)

stock-summary
P/E

15.00

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

0.91%

stock-summary
Debt Equity

-0.04

stock-summary
Return on Equity

8.45%

stock-summary
Price to Book

1.34

Revenue and Profits (1 Year):
Net Sales:
2,465 Cr
(Quarterly Results - Dec 2024)
Net Profit:
211 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.91%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-4.02%
0%
-4.02%
1 Year
-2.87%
0.91%
-1.96%
2 Years
50.11%
2.35%
52.46%
3 Years
1.69%
2.36%
4.05%
4 Years
78.67%
9.37%
88.04%
5 Years
252.95%
19.71%
272.66%

Latest dividend: 4 per share ex-dividend date: Sep-06-2024

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)
7.12%
EBIT Growth (5y)
6.05%
EBIT to Interest (avg)
9.59
Debt to EBITDA (avg)
1.57
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.90
Tax Ratio
25.30%
Dividend Payout Ratio
62.47%
Pledged Shares
0
Institutional Holding
22.68%
ROCE (avg)
10.92%
ROE (avg)
10.52%
Valuation key factors
Factor
Value
P/E Ratio
15
Industry P/E
18
Price to Book Value
1.34
EV to EBIT
13.78
EV to EBITDA
9.55
EV to Capital Employed
1.36
EV to Sales
1.26
PEG Ratio
0.34
Dividend Yield
0.91%
ROCE (Latest)
9.11%
ROE (Latest)
8.45%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 18 Schemes (15.33%)

FIIs

Held by 134 FIIs (5.97%)

Promoter with highest holding

Vardhman Holdings Limited (28.84%)

Highest Public shareholder

Hdfc Small Cap Fund (7.52%)

Individual Investors Holdings

11.01%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -1.48% vs 8.40% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 6.99% vs -17.46% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,465.30",
          "val2": "2,502.42",
          "chgp": "-1.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "312.75",
          "val2": "315.13",
          "chgp": "-0.76%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "18.79",
          "val2": "17.80",
          "chgp": "5.56%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "210.61",
          "val2": "196.85",
          "chgp": "6.99%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.69%",
          "val2": "12.59%",
          "chgp": "0.10%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 2.02% vs -10.71% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 60.78% vs -49.30% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,811.01",
          "val2": "4,715.76",
          "chgp": "2.02%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "663.13",
          "val2": "420.80",
          "chgp": "57.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "35.57",
          "val2": "54.39",
          "chgp": "-34.60%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "435.35",
          "val2": "270.77",
          "chgp": "60.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.78%",
          "val2": "8.92%",
          "chgp": "4.86%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 3.28% vs -7.93% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 49.87% vs -32.28% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "7,276.31",
          "val2": "7,045.27",
          "chgp": "3.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "975.88",
          "val2": "665.01",
          "chgp": "46.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "54.36",
          "val2": "73.76",
          "chgp": "-26.30%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "645.96",
          "val2": "431.00",
          "chgp": "49.87%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.41%",
          "val2": "9.44%",
          "chgp": "3.97%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -6.24% vs 5.35% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -20.57% vs -48.60% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "9,504.68",
          "val2": "10,137.49",
          "chgp": "-6.24%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "973.21",
          "val2": "1,323.99",
          "chgp": "-26.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "102.28",
          "val2": "102.15",
          "chgp": "0.13%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "631.59",
          "val2": "795.16",
          "chgp": "-20.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.24%",
          "val2": "13.06%",
          "chgp": "-2.82%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
2,465.30
2,502.42
-1.48%
Operating Profit (PBDIT) excl Other Income
312.75
315.13
-0.76%
Interest
18.79
17.80
5.56%
Exceptional Items
0.00
0.00
Consolidate Net Profit
210.61
196.85
6.99%
Operating Profit Margin (Excl OI)
12.69%
12.59%
0.10%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -1.48% vs 8.40% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 6.99% vs -17.46% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
4,811.01
4,715.76
2.02%
Operating Profit (PBDIT) excl Other Income
663.13
420.80
57.59%
Interest
35.57
54.39
-34.60%
Exceptional Items
0.00
0.00
Consolidate Net Profit
435.35
270.77
60.78%
Operating Profit Margin (Excl OI)
13.78%
8.92%
4.86%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 2.02% vs -10.71% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 60.78% vs -49.30% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
7,276.31
7,045.27
3.28%
Operating Profit (PBDIT) excl Other Income
975.88
665.01
46.75%
Interest
54.36
73.76
-26.30%
Exceptional Items
0.00
0.00
Consolidate Net Profit
645.96
431.00
49.87%
Operating Profit Margin (Excl OI)
13.41%
9.44%
3.97%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 3.28% vs -7.93% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 49.87% vs -32.28% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
9,504.68
10,137.49
-6.24%
Operating Profit (PBDIT) excl Other Income
973.21
1,323.99
-26.49%
Interest
102.28
102.15
0.13%
Exceptional Items
0.00
0.00
Consolidate Net Profit
631.59
795.16
-20.57%
Operating Profit Margin (Excl OI)
10.24%
13.06%
-2.82%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -6.24% vs 5.35% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -20.57% vs -48.60% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Vardhman Textiles Ltd stock-summary
stock-summary
Vardhman Textiles Ltd
Mid Cap
Textile
Vardhman Textiles Limited (formerly Mahavir Spinning Mills Limited) was incorporated on October 8, 1973. The Company is one of the leading textile manufacturers of India offering the largest range of textile products across fibre (acrylic), yarn and fabrics. Headquartered in Ludhiana, it is one of the leading textile conglomerates of India. Presently, it is engaged in manufacturing of cotton yarn, synthetic yarn and woven fabric.
Company Coordinates stock-summary
Company Details
Vardhman Primises, Chandigarh Road Ludhiana Punjab : 141010
stock-summary
Tel: 91-161-2228943-48
stock-summary
http://www.vardhman.com
stock-summary
secretarial.lud@vardhman.com
Registrar Details
Alankit Assignments Ltd , Alankit House , 2 E/21, Jhandewala Extension, New Delhi
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