Vardhman Polytex

Why is Vardhman Polytex Ltd falling/rising?

As of 01-Sep, Vardhman Polytex Ltd's stock price is rising to 6.03, but it faces significant long-term challenges, including a -33.66% return over the past year and negative financial results. Despite recent gains, declining investor interest and a negative book value raise concerns about its future stability.

As of 01-Sep, Vardhman Polytex Ltd's stock price is rising, currently at 6.03, with a change of 0.08 (1.34%) upwards. This increase can be attributed to its recent performance, as the stock has outperformed the sector by 1.22% today and has experienced consecutive gains over the last two days, resulting in a 1.69% return in that period. <BR><BR>Despite these short-term gains, the stock has been facing significant challenges. Over the past year, it has generated a return of -33.66%, indicating a substantial decline in value. The company has reported negative results for the last three consecutive quarters, with a notable drop in profits, as evidenced by a -89.46% growth in PAT over the last nine months. Furthermore, the company has a negative book value of Rs 220.60 crore, which raises concerns about its long-term financial health.<BR><BR>Investor participation has also been declining, with a delivery volume that fell by 24.88% against the five-day average, suggesting reduced interest from investors. Additionally, the stock is trading below its longer-term moving averages, indicating a potentially weak trend. The high proportion of pledged promoter shares, which has increased by 39.66% over the last quarter, adds further risk, particularly in a falling market.<BR><BR>In summary, while Vardhman Polytex Ltd is experiencing a short-term rise in stock price, the underlying fundamentals and long-term performance indicators suggest significant challenges that could impact its stability moving forward.

Which are the latest news on Vardhman Polytex?

Who are in the management team of Vardhman Polytex?

The management team of Vardhman Polytex includes Adish Oswal (Chairman & Managing Director), Manju Oswal, Suresh Kumar Banka (both Non-Executive Directors), and five Independent Non-Executive Directors: Sandeep Mehta, Sanjeev Joshi, Sagar Bhatia, and Sanchi Taneja.

The management team of Vardhman Polytex includes the following individuals:<BR><BR>1. **Adish Oswal** - Chairman & Managing Director<BR>2. **Manju Oswal** - Non-Executive Director<BR>3. **Suresh Kumar Banka** - Non-Executive Director<BR>4. **Sandeep Mehta** - Independent Non-Executive Director<BR>5. **Sanjeev Joshi** - Independent Non-Executive Director<BR>6. **Sagar Bhatia** - Independent Non-Executive Director<BR>7. **Sanchi Taneja** - Independent Non-Executive Director<BR><BR>If you need more information about their roles or contributions, feel free to ask!

What does Vardhman Polytex do?

Vardhman Polytex Ltd is a micro-cap company in the Garments & Apparels industry, focused on manufacturing yarn and garments. As of June 2026, it reported net sales of 61 Cr and a net profit of 311 Cr, with a market cap of INR 287 Cr.

Overview:<BR>Vardhman Polytex Ltd is a micro-cap company in the Garments & Apparels industry, primarily engaged in the manufacturing of yarn and garments.<BR><BR>History:<BR>Vardhman Polytex Ltd was incorporated as Punjab Mohta Polytex and is promoted as a joint sector company by Mohta Industries and the Punjab State Industrial Development Corporation. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 61 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 311 Cr (Quarterly Results - Jun 2026)<BR>- Market-cap: INR 287 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 32.00<BR>- Industry P/E: 28<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.22<BR>- Return on Equity: -4.13%<BR>- Price to Book: -1.34<BR><BR>Contact Details:<BR>- Address: Vardhman Park, Chandigarh Road Ludhiana Punjab : 141123<BR>- Tel: 91-161-6629888<BR>- Email: info@vpl.in<BR>- Website: http://www.vpl.in

Who are the peers of the Vardhman Polytex?

Vardhman Polytex's peers include Bella Casa Fashi, Omnitex Industri, Axita Cotton, and others. Omnitex Industri has the highest 1-year return at 83.61%, while Bella Casa Fashi has the lowest at -43.10%, with Vardhman Polytex at -33.59%.

Peers: The peers of Vardhman Polytex are Bella Casa Fashi, Omnitex Industri, Axita Cotton, Varvee Global, Logica Infoway, Rudra Ecovation, Soma Textiles, Shree Karni, Le Merite Export, and C P S Shapers.<BR><BR>Quality Snapshot: Excellent management risk is observed at Axita Cotton, while Average management risk is found at Bella Casa Fashi, Omnitex Industri, Varvee Global, Logica Infoway, Soma Textiles, Shree Karni, and the rest. Below Average management risk is noted at Rudra Ecovation and Le Merite Export, and C P S Shapers. Growth ratings show Excellent growth at Logica Infoway, while Average growth is seen at Bella Casa Fashi, Soma Textiles, Shree Karni, and the rest. Below Average growth is present at Omnitex Industri, Axita Cotton, Varvee Global, Rudra Ecovation, and Le Merite Export. Capital Structure ratings are Good for Axita Cotton, Average for Bella Casa Fashi, Shree Karni, and the rest, and Below Average for Omnitex Industri, Varvee Global, Logica Infoway, Rudra Ecovation, and Le Merite Export.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Omnitex Industri at 83.61%, while the lowest is Bella Casa Fashi at -43.10%. Vardhman Polytex's own 1-year return is -33.59%, which is better than Bella Casa Fashi but worse than Omnitex Industri. Additionally, the six-month returns are negative for Bella Casa Fashi, Logica Infoway, Vardhman Polytex, Varvee Global, Soma Textiles, and Rudra Ecovation.

How big is Vardhman Polytex?

As of 31st August, Vardhman Polytex Ltd has a market capitalization of 287.00 Cr and reported Net Sales of 844.68 Cr with a Net Profit loss of 9.93 Cr over the latest 4 quarters. Shareholder's Funds were at a loss of 363.56 Cr, with Total Assets valued at 275.94 Cr as of March 2022.

As of 31st August, Vardhman Polytex Ltd has a market capitalization of 287.00 Cr and is classified as a Micro Cap company.<BR><BR>In the latest 4 quarters, Vardhman Polytex reported Net Sales of 844.68 Cr. However, the company experienced a loss of 9.93 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2022. Shareholder's Funds stood at a loss of 363.56 Cr, while Total Assets were valued at 275.94 Cr.

Should I buy, sell or hold Vardhman Polytex Ltd?

When is the next results date for Vardhman Polytex Ltd?

The next results date for Vardhman Polytex Ltd is 10 August 2026.

The next results date for Vardhman Polytex Ltd is scheduled for 10 August 2026.

Are Vardhman Polytex Ltd latest results good or bad?

Vardhman Polytex Ltd's latest results are concerning, with net sales down 18.02% and net profit plummeting 97.68% in the December 2025 quarter, indicating ongoing financial distress and a need for significant improvement in profitability and operational efficiency.

The latest results for Vardhman Polytex Ltd are concerning. In the quarter ended December 2025, the company experienced a significant decline in performance. Net sales fell by 18.02% compared to the previous quarter, and the standalone net profit plummeted by 97.68%. This follows a trend of financial distress, as the company has faced ongoing challenges with profitability and operational efficiency.<BR><BR>Previously, while the company had shown some revenue growth, the persistent losses and negative operating margins indicate serious underlying issues. The operating profit margin dropped to just 0.22%, reflecting continued struggles despite any revenue increases. <BR><BR>Overall, the latest results suggest a worsening financial situation for Vardhman Polytex, highlighting a need for significant improvement in both sales performance and cost management to address the ongoing profitability crisis.

How has been the historical performance of Vardhman Polytex?

Vardhman Polytex has shown significant sales growth, increasing from 508.52 crore in March 2021 to 928.77 crore in March 2022, but continues to face net losses and rising raw material costs, with a net profit of -15.51 crore in March 2022. Despite improved operating profit and cash flow, the company struggles with profitability compared to previous years.

Answer:<BR>The historical performance of Vardhman Polytex shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Vardhman Polytex's net sales increased from 508.52 crore in March 2021 to 928.77 crore in March 2022, marking a substantial recovery from previous years, although it had seen a dip to 560.87 crore in March 2020. The total operating income followed a similar trend, reaching 928.77 crore in March 2022, up from 508.52 crore in March 2021. However, the company faced rising raw material costs, which surged to 708.57 crore in March 2022 from 366.77 crore in March 2021. Despite the increase in sales, the operating profit (PBDIT) improved to 62.37 crore in March 2022 from 16.98 crore in March 2021, although it was still lower than the 69.50 crore recorded in March 2017. The profit before tax remained negative at -15.50 crore in March 2022, an improvement from -56.68 crore in March 2021. The net profit also showed a loss of -15.51 crore in March 2022, compared to -56.70 crore in the previous year. On the balance sheet, total liabilities increased to 275.94 crore in March 2022 from 255.33 crore in March 2021, while total assets rose to 275.94 crore from 255.33 crore. The company's cash flow from operating activities improved to 61.00 crore in March 2022, up from 24.00 crore in March 2021, indicating better operational efficiency. Overall, while Vardhman Polytex has shown signs of recovery in sales and operating profit, it continues to grapple with net losses and high raw material costs.

Is Vardhman Polytex technically bullish or bearish?

As of June 30, 2025, the trend is mildly bullish due to positive weekly MACD and KST indicators, although caution is advised due to mixed signals from monthly indicators and Dow Theory.

As of 30 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and KST indicators showing bullish signals, while the daily moving averages also indicate a mildly bullish trend. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, supporting the overall positive sentiment. However, the monthly MACD and KST are mildly bearish, suggesting some caution. The lack of clear trends in the Dow Theory and the mixed signals from the RSI and OBV indicate a need for careful monitoring.

Is Vardhman Polytex overvalued or undervalued?

As of April 25, 2023, Vardhman Polytex is considered a risky investment due to its high valuation ratios, negative financial metrics, and underperformance compared to the Sensex, making its current price of 11.83 unattractive.

As of 25 April 2023, Vardhman Polytex's valuation grade has moved from does not qualify to risky, indicating a significant shift in its perceived investment quality. The company appears to be overvalued, particularly given its high PE ratio of 37.19 and an EV to EBITDA ratio of 52.41, which are substantially higher than peers like Trident, which has a PE of 42.6 and an EV to EBITDA of 18.36, and Vardhman Textile, with a PE of 15.86.<BR><BR>Additionally, the negative Price to Book Value of -1.50 and negative ROCE due to capital employed further underscore the financial challenges faced by Vardhman Polytex. While the company has shown impressive long-term stock returns, such as a 423.45% increase over three years, its recent performance has lagged behind the Sensex, with a year-to-date return of -1.42% compared to the Sensex's 5.63%. This combination of high valuation ratios and negative financial metrics suggests that Vardhman Polytex is not an attractive investment at its current price of 11.83.

Who are the top shareholders of the Vardhman Polytex?

The top shareholders of Vardhman Polytex include Panchsheel Textile Manufacturing And Trading Co. (P) Ltd with 9.65%, Anupama Kothari with 10.9%, and individual investors holding a total of 57.53%. Additionally, six foreign institutional investors hold 0.54%, while two mutual fund schemes currently have no shares.

The top shareholders of Vardhman Polytex include a mix of individual and institutional investors. The largest promoter holding is by Panchsheel Textile Manufacturing And Trading Co. (P) Ltd, which holds 9.65%. The highest public shareholder is Anupama Kothari, who has a stake of 10.9%. Additionally, individual investors collectively hold 57.53% of the shares. There are also six foreign institutional investors (FIIs) with a combined holding of 0.54%, and two mutual fund schemes that currently do not hold any shares. The majority of the shareholding is held by non-institutional investors.

Has Vardhman Polytex declared dividend?

Yes, Vardhman Polytex Ltd has declared a 20% dividend, amounting to ₹0.95 per share, with an ex-date of September 18, 2008. However, the dividend yield is 0%, as there have been no dividend returns in recent periods despite significant price returns over the years.

Vardhman Polytex Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 0.9500<BR>- Ex-date: 18 Sep 08<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 3.1%, with no dividend return, resulting in a total return of 3.1%.<BR><BR>Over the past year, the price return was 26.56%, with no dividend return, leading to a total return of 26.56%.<BR><BR>In the 2-year period, the price return was 133.91%, with no dividend return, resulting in a total return of 133.91%.<BR><BR>For the 3-year period, the price return was 424.56%, with no dividend return, culminating in a total return of 424.56%.<BR><BR>In the last 4 years, the price return was 537.87%, with no dividend return, resulting in a total return of 537.87%.<BR><BR>Over the past 5 years, the price return was 3591.36%, with no dividend return, leading to a total return of 3591.36%.<BR><BR>Overall, Vardhman Polytex has declared a dividend, but the dividend yield remains at 0%. The company has shown significant price returns over the years, indicating strong performance despite the lack of dividend returns in recent periods.