Vardhman Polytex

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.

When is the next results date for Vardhman Polytex?

No Upcoming Board Meetings

What does Vardhman Polytex do?

Vardhman Polytex Ltd manufactures yarn and garments in the Garments & Apparels industry, with a market cap of Rs 549 Cr. As of March 2025, it reported net sales of 81 Cr and a net profit of 1 Cr.

Overview: <BR>Vardhman Polytex Ltd is engaged in the manufacturing of yarn and garments, operating within the Garments & Apparels industry as a micro-cap company.<BR><BR>History: <BR>Vardhman Polytex Ltd was incorporated as Punjab Mohta Polytex and has undergone a joint sector promotion by Mohta Industries and the Punjab State Industrial Development Corporation. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>- Net Sales: 81 Cr (Quarterly Results - Mar 2025) <BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>- Market Cap: Rs 549 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>- P/E: 36.00 <BR>- Industry P/E: 23 <BR>- Dividend Yield: 0.00% <BR>- Debt Equity: -0.18 <BR>- Return on Equity: -4.02% <BR>- Price to Book: -1.44 <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

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.

Who are the peers of the Vardhman Polytex?

Vardhman Polytex's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Bella Casa Fashi, Nandan Denim, Sunrakshakk Inds, and Nahar Indl. Ent., with varying management risk ratings and growth prospects, while Sunrakshakk Inds leads in 1-year returns at 600.23%, and Vedant Fashions has the lowest at -24.65%.

Peers: The peers of Vardhman Polytex are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Bella Casa Fashi, Nandan Denim, Sunrakshakk Inds, Nahar Indl. Ent.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent. Average management risk is noted for Trident, Bella Casa Fashi, and Sunrakshakk Inds, while Below Average management risk is present at Nandan Denim and Nahar Indl. Ent. Vardhman Polytex does not qualify for a management risk rating. In terms of growth, Excellent growth is seen at K P R Mill Ltd, while Good growth is noted at Nandan Denim. Below Average growth is reported for Page Industries, Vedant Fashions, Trident, Bella Casa Fashi, and the rest. Capital Structure ratings show Excellent at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Below Average is found at Bella Casa Fashi, Nandan Denim, and Nahar Indl. Ent.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sunrakshakk Inds at 600.23%, while Vedant Fashions has the lowest at -24.65%. Vardhman Polytex's 1-year return of 21.54% is higher than that of Vedant Fashions but lower than that of Sunrakshakk Inds. Additionally, the peers with negative six-month returns include Vedant Fashions, Trident, Bella Casa Fashi, Nandan Denim, and Nahar Indl. Ent.

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.

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.

Who are in the management team of Vardhman Polytex?

As of March 2022, the management team of Vardhman Polytex includes Adish Oswal (Chairman & Managing Director), Manju Oswal, Suresh Kumar Banka, Sandeep Mehta, Sanjeev Joshi, Sagar Bhatia, and Sanchi Taneja, all contributing to the company's operations and strategic direction.

As of March 2022, 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>This team is responsible for overseeing the company's operations and strategic direction.

How big is Vardhman Polytex?

As of 24th July, Vardhman Polytex Ltd has a market capitalization of 504.00 Cr and reported net sales of 844.68 Cr with a loss of 9.93 Cr over the latest 4 quarters.

As of 24th July, Vardhman Polytex Ltd has a market capitalization of 504.00 Cr, categorizing it 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 during the same period.<BR><BR>The latest annual period for the balance sheet is March 2022, showing shareholder's funds at a loss of 363.56 Cr and total assets valued at 275.94 Cr.

Are Vardhman Polytex latest results good or bad?

Vardhman Polytex's latest results show a mixed performance: while Profit After Tax (PAT) grew by 112.04% to Rs 1.18 crore, Profit Before Tax (PBT) declined significantly to Rs -3.55 crore, and net sales fell by 16.4%. Overall, the financial outlook appears more negative due to declining revenues, rising interest expenses, and negative operating cash flow.

The latest results for Vardhman Polytex present a mixed picture. On one hand, the company reported a Profit After Tax (PAT) of Rs 1.18 crore, which is a remarkable year-on-year growth of 112.04%. This indicates that the company has managed to improve its profitability compared to the same quarter last year.<BR><BR>However, there are several concerning aspects in the financial performance. The Profit Before Tax (PBT) has declined significantly to Rs -3.55 crore, a drop of 27.2% compared to the average PBT of the previous four quarters. Additionally, net sales for the quarter fell to Rs 59.54 crore, down 16.4% from the previous four-quarter average, indicating a downward trend in revenue generation.<BR><BR>Moreover, the company is facing rising interest expenses, which have surged to Rs 10.73 crore, reflecting a 49.44% increase over the past nine months. This increase in borrowing costs could further strain the company's financial health. Operating cash flow is also a critical issue, with an annual figure of Rs -98.28 crore, the lowest in three years.<BR><BR>In summary, while the PAT growth is a positive sign, the overall financial performance appears to be struggling, particularly with declining sales, rising costs, and negative operating cash flow. Therefore, the results can be viewed as more negative than positive, given the challenges the company is currently facing.

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.

Should I buy, sell or hold Vardhman Polytex?

Which are the latest news on Vardhman Polytex?

Why is Vardhman Polytex Ltd falling/rising?

As of 08-Feb, Vardhman Polytex Ltd's stock is declining at 6.85, down -1.44%, with a significant annual drop of -46.61% and concerning financial health marked by high debt and negative growth rates. The stock's performance is further pressured by a high percentage of pledged promoter shares.

As of 08-Feb, Vardhman Polytex Ltd's stock price is falling, currently at 6.85, reflecting a change of -0.1 (-1.44%). The stock has been underperforming, having lost -2.56% over the last two days and underperformed its sector by -0.56% today. <BR><BR>Despite a notable increase of +14.93% over the past week, the stock has shown a significant decline of -46.61% over the past year, contrasting sharply with the Sensex, which has gained +7.07% during the same period. The company's financial health is concerning, with a negative book value and a weak long-term fundamental strength, evidenced by a -8.01% annual growth rate in net sales over the last five years and an operating profit growth rate of 0%. <BR><BR>Additionally, the company's high debt levels, indicated by a debt-to-equity ratio of 0, and a poor operating cash flow of Rs -98.28 Cr further exacerbate its financial instability. The stock's performance is also hindered by the fact that 69.62% of promoter shares are pledged, which can exert additional downward pressure in a falling market. <BR><BR>Overall, the combination of poor financial metrics, high debt, and significant underperformance relative to the market contributes to the stock's current decline.