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Vedant Fashions

  • Market Cap: Mid Cap
  • Industry: Retailing
  • ISIN: INE825V01034
  • NSEID: MANYAVAR
  • BSEID: 543463
INR
801.85
11.85 (1.5%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 2.03 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

784.50807.00

52 Week

734.001,511.20
Valuation
Technical
Day's Volume

CASH

2.03 lacs (21.50%) Volume

Shareholding (Dec 2024)

FII

10.55%

Held by 175 FIIs

DII

10.37%

Held by 18 DIIs

Promoter

74.96%

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

Poor long term growth as Operating profit has grown by an annual rate 14.20% of over the last 5 years

 
2

The company has declared Negative results for the last 3 consecutive quarters

3

Stock is technically in a Mildly Bearish range

4

With ROE of 26.4, it has a Very Expensive valuation with a 12.6 Price to Book Value

5

Below par performance in long term as well as near term

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

Retailing

stock-summary
Market cap

INR 19,479 Cr (Mid Cap)

stock-summary
P/E

48.00

stock-summary
Industry P/E

92

stock-summary
Dividend Yield

1.08%

stock-summary
Debt Equity

-0.16

stock-summary
Return on Equity

26.38%

stock-summary
Price to Book

12.56

Revenue and Profits (1 Year):
Net Sales:
511 Cr
(Quarterly Results - Dec 2024)
Net Profit:
158 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.08%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-39.37%
0%
-39.37%
1 Year
-12.19%
0.90%
-11.29%
2 Years
-30.56%
1.43%
-29.13%
3 Years
-23.53%
2.37%
-21.16%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Latest dividend: 8.5 per share ex-dividend date: Aug-23-2024

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)
15.26%
EBIT Growth (5y)
14.20%
EBIT to Interest (avg)
13.20
Debt to EBITDA (avg)
0.61
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.70
Tax Ratio
24.42%
Dividend Payout Ratio
49.80%
Pledged Shares
0
Institutional Holding
20.92%
ROCE (avg)
40.22%
ROE (avg)
30.19%
Valuation key factors
Factor
Value
P/E Ratio
48
Industry P/E
92
Price to Book Value
12.56
EV to EBIT
37.52
EV to EBITDA
29.06
EV to Capital Employed
14.84
EV to Sales
14.08
PEG Ratio
NA
Dividend Yield
1.08%
ROCE (Latest)
39.55%
ROE (Latest)
26.38%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bullish
Dow Theory
No Trend
Bearish
OBV
Bullish
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 22 Schemes (8.61%)

FIIs

Held by 175 FIIs (10.55%)

Promoter with highest holding

Ravi Modi Family Trust (acting Through Its Trustee, Modi Fiduciary Services Private Limited) (57.16%)

Highest Public shareholder

Sbi Equity Hybrid Fund (3.69%)

Individual Investors Holdings

2.97%

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 90.81% vs 11.88% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 136.14% vs 7.99% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "511.28",
          "val2": "267.95",
          "chgp": "90.81%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "242.19",
          "val2": "121.99",
          "chgp": "98.53%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "13.95",
          "val2": "13.72",
          "chgp": "1.68%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "157.98",
          "val2": "66.90",
          "chgp": "136.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "47.37%",
          "val2": "45.53%",
          "chgp": "1.84%",
          "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 -4.18% vs -7.34% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -8.02% vs -17.20% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "507.77",
          "val2": "529.92",
          "chgp": "-4.18%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "234.69",
          "val2": "240.96",
          "chgp": "-2.60%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "27.64",
          "val2": "20.11",
          "chgp": "37.44%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "129.39",
          "val2": "140.67",
          "chgp": "-8.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "46.22%",
          "val2": "45.47%",
          "chgp": "0.75%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "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 1.47% vs 1.39% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -4.25% vs -5.32% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,018.32",
          "val2": "1,003.54",
          "chgp": "1.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "476.41",
          "val2": "482.94",
          "chgp": "-1.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "41.59",
          "val2": "31.26",
          "chgp": "33.05%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "286.33",
          "val2": "299.03",
          "chgp": "-4.25%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "46.78%",
          "val2": "48.12%",
          "chgp": "-1.34%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "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 0.93% vs 30.18% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -3.48% vs 36.26% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,367.53",
          "val2": "1,354.93",
          "chgp": "0.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "658.08",
          "val2": "670.85",
          "chgp": "-1.90%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "44.50",
          "val2": "31.46",
          "chgp": "41.45%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "414.17",
          "val2": "429.11",
          "chgp": "-3.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "48.12%",
          "val2": "49.51%",
          "chgp": "-1.39%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
511.28
267.95
90.81%
Operating Profit (PBDIT) excl Other Income
242.19
121.99
98.53%
Interest
13.95
13.72
1.68%
Exceptional Items
0.00
0.00
Standalone Net Profit
157.98
66.90
136.14%
Operating Profit Margin (Excl OI)
47.37%
45.53%
1.84%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 90.81% vs 11.88% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 136.14% vs 7.99% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
507.77
529.92
-4.18%
Operating Profit (PBDIT) excl Other Income
234.69
240.96
-2.60%
Interest
27.64
20.11
37.44%
Exceptional Items
0.00
0.00
Consolidate Net Profit
129.39
140.67
-8.02%
Operating Profit Margin (Excl OI)
46.22%
45.47%
0.75%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -4.18% vs -7.34% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -8.02% vs -17.20% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,018.32
1,003.54
1.47%
Operating Profit (PBDIT) excl Other Income
476.41
482.94
-1.35%
Interest
41.59
31.26
33.05%
Exceptional Items
0.00
0.00
Standalone Net Profit
286.33
299.03
-4.25%
Operating Profit Margin (Excl OI)
46.78%
48.12%
-1.34%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 1.47% vs 1.39% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -4.25% vs -5.32% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
1,367.53
1,354.93
0.93%
Operating Profit (PBDIT) excl Other Income
658.08
670.85
-1.90%
Interest
44.50
31.46
41.45%
Exceptional Items
0.00
0.00
Consolidate Net Profit
414.17
429.11
-3.48%
Operating Profit Margin (Excl OI)
48.12%
49.51%
-1.39%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 0.93% vs 30.18% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -3.48% vs 36.26% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Vedant Fashions Ltd stock-summary
stock-summary
Vedant Fashions Ltd
Mid Cap
Retailing
Vedant Fashions Ltd was originally incorporated as Vedant Fashions Private Limited at Kolkata on 24 May 2002. Pursuant to a takeover agreement dated 01 June 2002, the business of a proprietorship firm by the name of "M/s Vedant Creation", which was being carried out by one of the individual Promoters the company namely Ravi Modi, was transferred to the Company as a going concern.
Company Coordinates stock-summary
Company Details
Paridhan Garment Park A501-502, 19 Canal South Rd SDF-1 4th Fl Kolkata West Bengal : 700015
stock-summary
Tel: 91-33-61255495
stock-summary
http://www.vedantfashions.com
stock-summary
complianceofficer@manyavar.com
Registrar Details
Stock List
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