Virat Industries

Why is Virat Industries Ltd falling/rising?

As of 11-Jul, Virat Industries Ltd's stock price is declining, currently at Rs 365.80, with a year-to-date drop of 24.26% and a significant 38.52% decrease over the past year, contrasting sharply with the Sensex's smaller declines. The stock is also trading below all major moving averages, indicating a bearish trend and reduced investor interest.

As of 11-Jul, Virat Industries Ltd's stock price is falling, currently at Rs 365.80, which reflects a decrease of Rs 6.85 or 1.84%. The stock has underperformed compared to the benchmark Sensex, which has only declined by 0.25% over the same period. Over the past week, Virat Industries has seen a decline of 2.53%, and its performance over the past month shows a significant drop of 8.55%, contrasting sharply with the Sensex's gain of 4.85%.<BR><BR>Year-to-date, the stock has decreased by 24.26%, while the Sensex has only fallen by 8.98%. Over the past year, the decline is even more pronounced at 38.52%, compared to the Sensex's 6.76% drop. Despite a strong performance over the longer term, with a 66.35% increase over three years and an impressive 853.85% rise over five years, the recent trends indicate a troubling downturn.<BR><BR>Today's trading activity further highlights the stock's struggles, as it touched an intraday low of Rs 350.5, marking a 5.94% decrease. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 68.86% compared to the 5-day average. This lack of interest, combined with the stock's underperformance relative to its sector, contributes to the ongoing decline in Virat Industries Ltd's stock price.

Which are the latest news on Virat Industries?

What does Virat Industries do?

Virat Industries Ltd is a micro-cap company in the Garments & Apparels industry, primarily manufacturing socks for export to Europe. As of March 2026, it reported net sales of 5 Cr and a net profit of 1 Cr, with a market cap of INR 590 Cr.

Overview: <BR>Virat Industries Ltd is a micro-cap company in the Garments & Apparels industry that specializes in manufacturing high-quality socks primarily for export to European markets.<BR><BR>History: <BR>Virat Industries Ltd was established in 1990 and commenced operations in 1995. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 5 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market-cap: INR 590 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 118.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.88 <BR>Return on Equity: 3.77% <BR>Price to Book: 4.50 <BR><BR>Contact Details: <BR>Address: A-1/2 GIDC Indl Estate, Kabilpore Navasari Navsari Gujarat : 396424 <BR>Tel: 91-2637-265011/265022 <BR>Email: factory@viratindustries.com <BR>Website: http://www.viratindustries.com

How big is Virat Industries?

As of 10th June, Virat Industries Ltd has a market capitalization of 590.00 Cr, with recent net sales of 26.80 Cr and a net profit of 4.93 Cr. The company reported shareholder's funds of 26.45 Cr and total assets of 31.23 Cr for the annual period ending March 2025.

As of 10th June, Virat Industries Ltd has a market capitalization of 590.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Virat Industries reported Net Sales of 26.80 Cr and a Net Profit of 4.93 Cr.<BR><BR>For the latest annual period ending in March 2025, the company had Shareholder's Funds of 26.45 Cr and Total Assets amounting to 31.23 Cr.

Who are in the management team of Virat Industries?

The management team of Virat Industries includes Adi F Madan (Managing Director), Ayesha K Dadyburjor (Whole-time Director), and several Independent Directors: Ajit P Walwaikar, Harish H Shah, and Pheroze A Dhanbhoora, along with Non-Executive Director Kaizad Dady Burjor.

The management team of Virat Industries includes the following individuals:<BR><BR>1. **Adi F Madan** - Managing Director<BR>2. **Ajit P Walwaikar** - Independent Director<BR>3. **Harish H Shah** - Independent Director<BR>4. **Ayesha K Dadyburjor** - Whole-time Director<BR>5. **Kaizad Dady Burjor** - Non Executive Director<BR>6. **Pheroze A Dhanbhoora** - Independent Director<BR><BR>If you have any more questions about the company or its management, feel free to ask!

Who are the peers of the Virat Industries?

Virat Industries' peers include Voith Paper, Sutlej Textiles, True Green, VTM, and others. Management risk is below average for Virat Industries, with a 1-year return of -19.99%, better than Credo Brands but worse than True Green's 140.00%.

Peers: The peers of Virat Industries are Voith Paper, Sutlej Textiles, True Green, VTM, Credo Brands, Orbit Exports, Lakshmi Mills, Nahar Indl. Ent., Swaraj Suiting, and Iris Clothings.<BR><BR>Quality Snapshot: Excellent management risk is observed at Orbit Exports and VTM, while Average management risk is found at Voith Paper, Sutlej Textiles, Lakshmi Mills, and Swaraj Suiting, and the rest. Below Average management risk is noted for Virat Industries, True Green, Nahar Indl. Ent., and Credo Brands. Growth is Excellent at True Green and Orbit Exports, Average at Voith Paper, Sutlej Textiles, VTM, and Swaraj Suiting, while Below Average growth is seen in Virat Industries, Nahar Indl. Ent., and the rest. Capital Structure is Excellent at Voith Paper and Orbit Exports, Good at Virat Industries and Credo Brands, and Below Average at Sutlej Textiles, Lakshmi Mills, Nahar Indl. Ent., and the rest.<BR><BR>Return Snapshot: True Green has the highest 1-year return at 140.00%, while Credo Brands has the lowest at -51.56%. Virat Industries' 1-year return of -19.99% is better than Credo Brands but worse than True Green. Additionally, VTM, Credo Brands, and Nahar Indl. Ent. have negative six-month returns.

Should I buy, sell or hold Virat Industries Ltd?

Are Virat Industries Ltd latest results good or bad?

Virat Industries Ltd's latest results are unfavorable, showing a net profit of ₹1.05 crores with a significant year-on-year increase but an 11.02% decline from the previous quarter. Revenue dropped 34.02% year-on-year and operating margins turned negative at -7.06%, indicating operational challenges and reliance on non-operating income.

The latest results for Virat Industries Ltd indicate a challenging situation for the company. In Q4 FY26, the net profit was reported at ₹1.05 crores, which, while showing a significant year-on-year increase of 483.33%, reflects a decline of 11.02% compared to the previous quarter. This suggests that the company's profitability is under pressure.<BR><BR>Revenue for the same quarter was ₹5.10 crores, marking a substantial drop of 34.02% year-on-year and a 12.82% decrease from the previous quarter. This decline represents the lowest quarterly revenue in at least two years, raising concerns about the sustainability of the business.<BR><BR>Moreover, the operating margin turned negative at -7.06%, indicating that the core operations are currently unprofitable. This is a significant deterioration from previous quarters, where the company had managed to maintain positive margins. The reliance on non-operating income has become increasingly evident, as it constituted a large portion of the profit before tax, highlighting the fragility of the core business.<BR><BR>Overall, while the year-on-year profit growth may seem positive at first glance, the underlying operational challenges, revenue decline, and negative operating margins suggest that the latest results are more indicative of distress rather than strength. Therefore, the assessment of the latest results would lean towards being unfavorable.

When is the next results date for Virat Industries Ltd?

The next results date for Virat Industries Ltd is 26 May 2026.

The next results date for Virat Industries Ltd is scheduled for 26 May 2026.

How has been the historical performance of Virat Industries?

Virat Industries has experienced fluctuating financial performance, with net sales and profits declining from March 2023 to March 2025, while total assets increased. Operating profit fell significantly, but cash flow from operating activities improved in March 2024.

Answer:<BR>The historical performance of Virat Industries shows fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Virat Industries' net sales have seen a decline from INR 37.68 crore in March 2023 to INR 31.63 crore in March 2025, following a peak in March 2023. The total operating income mirrored this trend, decreasing from INR 37.68 crore in March 2023 to INR 31.63 crore in March 2025. The raw material cost increased slightly to INR 12.57 crore in March 2025 from INR 12.22 crore in March 2024, while employee costs rose to INR 6.29 crore in March 2025. The total expenditure, excluding depreciation, decreased to INR 30.40 crore in March 2025 from INR 34.63 crore in March 2023. Operating profit (PBDIT) also declined from INR 3.05 crore in March 2023 to INR 1.23 crore in March 2025, reflecting a drop in operating profit margin from 8.09% to 3.89%. Profit before tax decreased from INR 2.18 crore in March 2023 to INR 1.21 crore in March 2025, while profit after tax followed suit, dropping from INR 1.62 crore to INR 0.90 crore in the same period. The company’s total assets increased from INR 30.35 crore in March 2023 to INR 31.23 crore in March 2025, with total liabilities also rising slightly from INR 30.35 crore to INR 31.23 crore. Cash flow from operating activities showed a positive trend in March 2024 at INR 5.00 crore, contrasting with a negative cash flow of INR -1.00 crore in March 2023. Overall, Virat Industries has experienced a mixed financial performance, with declining sales and profits but an increase in total assets.

Who are the top shareholders of the Virat Industries?

The top shareholder of Virat Industries is Bhavook Tripathi, who owns 66.1% of the shares. Other significant shareholders include Shapoorjee Chandabhoy Finvest Private Ltd at 5.33% and individual investors with a combined 14.79%.

The top shareholders of Virat Industries are primarily the promoters, with Bhavook Tripathi holding the largest share at 66.1%. The highest public shareholder is Shapoorjee Chandabhoy Finvest Private Ltd, which owns 5.33%. Additionally, individual investors collectively hold 14.79% of the company's shares. There is also one foreign institutional investor (FII) that holds 0.03% of the shares. Notably, there are no pledged promoter holdings or mutual fund schemes involved in the shareholding.

Is Virat Industries overvalued or undervalued?

As of February 13, 2025, Virat Industries is considered very expensive and overvalued, with a PE ratio of 228.25 and a PEG ratio of 10.70, significantly higher than industry peers, despite a strong 1-year stock return of 236.08% compared to the Sensex's 7.60%.

As of 13 February 2025, the valuation grade for Virat Industries has moved from risky to very expensive. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of 228.25, an EV to EBITDA of 182.98, and a ROE of 3.44%. <BR><BR>When compared to its peers in the Garments & Apparels industry, Virat Industries stands out with a significantly higher PE ratio than its competitors, indicating a premium valuation. For instance, while the industry average PE might hover around lower multiples, Virat's PEG ratio of 10.70 further emphasizes its overvaluation. Additionally, the company's recent stock performance has outpaced the Sensex, with a remarkable 1-year return of 236.08% compared to the Sensex's 7.60%, which may attract speculative interest despite the high valuation.

What is the technical trend for Virat Industries?

As of May 3, 2025, Virat Industries shows a bullish trend supported by positive weekly indicators, though caution is advised due to a bearish monthly RSI.

As of 3 May 2025, the technical trend for Virat Industries has changed from mildly bullish to bullish. The weekly MACD and KST indicators are both bullish, reinforcing the positive momentum. Daily moving averages also indicate a bullish stance. However, the monthly RSI shows a bearish signal, which suggests some caution at that time frame. Bollinger Bands are mildly bullish on both weekly and monthly charts, indicating a potential for continued upward movement. Overall, the current technical stance is bullish with strong support from weekly indicators, though the monthly RSI warrants attention.

Has Virat Industries declared dividend?

Yes, Virat Industries Ltd has declared a 10% dividend, amounting to 1 per share, with an ex-date of August 30, 2022. However, the dividend yield is 0%, indicating minimal returns from dividends compared to substantial price returns over various periods.

Virat Industries Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 30 Aug 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 17.95%, with a dividend return of 0%, resulting in a total return of 17.95%.<BR><BR>For the 1-year period, the price return was 231.64%, with a dividend return of 0%, leading to a total return of 231.64%.<BR><BR>Over the 2-year period, the price return was 128.68%, and the dividend return was 0%, giving a total return of 128.68%.<BR><BR>In the 3-year period, the price return was 140.54%, with a dividend return of 0.50%, culminating in a total return of 141.04%.<BR><BR>For the 4-year period, the price return was 1178.07%, while the dividend return was 2.78%, resulting in a total return of 1180.85%.<BR><BR>In the 5-year period, the price return was 1550.93%, with a dividend return of 2.95%, leading to a total return of 1553.88%.<BR><BR>Overall, Virat Industries has declared a dividend, but the dividend yield remains at 0%, indicating that while the company has provided dividends, the returns from dividends have been minimal compared to the significant price returns over the periods analyzed.