Vardhman Textile

Why is Vardhman Textiles Ltd falling/rising?

As of 18-Aug, Vardhman Textiles Ltd's stock price is Rs 608.90, up 0.64%, supported by a 3.05% gain over the last three days and strong financial results for June 2026, including record net sales and a high operating profit margin. The stock has outperformed the Sensex and shows strong investor confidence, despite a slight decrease in delivery volume.

As of 18-Aug, Vardhman Textiles Ltd is experiencing a rise in its stock price, currently at Rs 608.90, reflecting an increase of 3.9 points or 0.64%. This upward movement is supported by the stock's performance over the last three days, during which it has gained a total of 3.05%. Additionally, the stock has outperformed the benchmark Sensex over the past week, rising by 2.10% while the Sensex has declined by 1.18%.<BR><BR>The company has recently reported positive financial results for June 2026, marking a turnaround after two consecutive quarters of negative performance. Notably, it achieved its highest net sales of Rs 2,703.08 crore and a peak operating profit margin of 17.52%. These strong financial indicators contribute to investor confidence, particularly given the high institutional holdings of 20.76%, which suggest that knowledgeable investors are backing the stock.<BR><BR>Despite some negative factors, such as a decrease in delivery volume by 8.4% compared to the five-day average, the overall market-beating performance of Vardhman Textiles Ltd, with a 48.77% return over the past year compared to the broader market's 2.08%, reinforces its attractiveness to investors. The company's solid debt-to-equity ratio of 0.10 times further enhances its financial stability, making it a compelling option for investors.

Which are the latest news on Vardhman Textile?

Who are in the management team of Vardhman Textile?

The management team of Vardhman Textile includes Shri Paul Oswal (Chairman & Managing Director), Suchita Jain (Vice Chairperson & Joint Managing Director), Neeraj Jain (Joint Managing Director), and several independent directors, along with Sanjay Gupta as Company Secretary. They are responsible for the company's strategic direction and operations.

The management team of Vardhman Textile includes the following key individuals:<BR><BR>1. **Shri Paul Oswal** - Chairman & Managing Director<BR>2. **Suchita Jain** - Vice Chairperson & Joint Managing Director<BR>3. **Neeraj Jain** - Joint Managing Director<BR>4. **Sagrika Jain** - Executive Director<BR>5. **Prafull Anubhai** - Independent Director<BR>6. **Harpreet Kaur Kang** - Independent Director<BR>7. **Udeypaul Singh Gill** - Independent Director<BR>8. **Suresh Kumar** - Independent Director<BR>9. **Atul Khosla** - Independent Director<BR>10. **Sanjay Gupta** - Company Secretary & Compliance Officer<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

What does Vardhman Textile do?

Vardhman Textiles Ltd is a leading Indian textile manufacturer, specializing in garments and apparel, with a market cap of INR 17,164 Cr. As of June 2026, it reported net sales of 2,703 Cr and a net profit of 310 Cr.

Overview: <BR>Vardhman Textiles Ltd is a leading textile manufacturer in India, operating in the Garments & Apparels industry and classified as a Small Cap company.<BR><BR>History: <BR>Vardhman Textiles Limited, formerly known as Mahavir Spinning Mills Limited, was incorporated on October 8, 1973. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 2,703 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 310 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 17,164 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 20.00 <BR>Industry P/E: 28 <BR>Dividend Yield: 0.85% <BR>Debt-Equity: 0.07 <BR>Return on Equity: 7.09% <BR>Price to Book: 1.62 <BR><BR>Contact Details: <BR>Address: Vardhman Primises, Chandigarh Road Ludhiana Punjab : 141010 <BR>Tel: 91-161-2228943-48 <BR>Email: secretarial.lud@vardhman.com <BR>Website: http://www.vardhman.com

Who are the peers of the Vardhman Textile?

Vardhman Textile's peers include Trent, Page Industries, K P R Mill Ltd, Welspun Living, Arvind Ltd, Vedant Fashions, Trident, Pearl Global Ind, V2 Retail, and Indo Count Inds. In terms of performance, Pearl Global Ind leads with a 1-year return of 96.95%, while Vardhman Textile has a return of 46.94%.

Peers: The peers of Vardhman Textile are Trent, Page Industries, K P R Mill Ltd, Welspun Living, Arvind Ltd, Vedant Fashions, Trident, Pearl Global Ind, V2 Retail, and Indo Count Inds.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries and Vedant Fashions, while Good management risk is found at Trent, K P R Mill Ltd, Vardhman Textile, Welspun Living, Arvind Ltd, and Pearl Global Ind, and the rest. Growth is Excellent at Pearl Global Ind, while Good growth is seen at Page Industries and Arvind Ltd; the rest exhibit Below Average growth, including K P R Mill Ltd, Vardhman Textile, Welspun Living, Vedant Fashions, Trident, and Indo Count Inds. For Capital Structure, Excellent ratings are given to Page Industries, K P R Mill Ltd, Vardhman Textile, and Vedant Fashions, Average ratings are found at Trent, Welspun Living, and Arvind Ltd, while Good ratings are seen at Trident and Pearl Global Ind, and the rest have Below Average ratings.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Pearl Global Ind at 96.95%, while the lowest is Vedant Fashions at -29.21%, with Vardhman Textile's own 1-year return at 46.94%, which is significantly higher than Vedant Fashions but lower than Pearl Global Ind. Additionally, Trident and Vedant Fashions are the only peers with negative six-month returns.

How big is Vardhman Textile?

As of 14th August, Vardhman Textiles Ltd has a market capitalization of 17,109.47 Cr, with recent net sales of 10,186.47 Cr and a net profit of 847.91 Cr over the last four quarters.

As of 14th August, <BR><BR>Market Cap: Vardhman Textiles Ltd has a market capitalization of 17,109.47 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 10,186.47 Cr, while the sum of Net Profit for the same period is 847.91 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 9,896.02 Cr, and Total Assets amount to 12,432.10 Cr.

Should I buy, sell or hold Vardhman Textiles Ltd?

Are Vardhman Textiles Ltd latest results good or bad?

Vardhman Textiles Ltd's latest Q1 FY27 results are strong, with record net profit of ₹309.83 crores and revenue of ₹2,703.08 crores. However, the return on equity is low at 7.09%, raising concerns about capital efficiency despite the impressive performance.

Vardhman Textiles Ltd's latest results for Q1 FY27 can be considered quite strong overall. The company achieved a record net profit of ₹309.83 crores, marking its highest quarterly profitability since its inception in 1973. Additionally, revenue reached ₹2,703.08 crores, which is an all-time quarterly peak for the company. The operating margin also improved to 17.52%, the highest recorded in its history.<BR><BR>However, despite these impressive headline figures, there are some concerns regarding capital efficiency. The return on equity (ROE) stands at 7.09%, which is below the historical average of 10.46%. This suggests that while the company is generating strong profits, it is not translating those profits into adequate returns for shareholders.<BR><BR>In summary, while Vardhman Textiles has delivered excellent operational performance with record revenues and profits, the lower ROE raises questions about its capital efficiency. Investors may want to keep an eye on how the company addresses these concerns moving forward.

Is Vardhman Textile technically bullish or bearish?

As of December 1, 2025, Vardhman Textile's technical trend has shifted to mildly bearish, influenced by daily moving averages and monthly Bollinger Bands, despite some mildly bullish signals from weekly indicators.

As of 1 December 2025, the technical trend for Vardhman Textile has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend and the monthly Bollinger Bands showing a bearish signal. While the weekly MACD and KST are mildly bullish, they are overshadowed by the overall bearish indicators in the monthly timeframe. The stock has underperformed against the Sensex across multiple periods, further supporting the bearish outlook.

How has been the historical performance of Vardhman Textile?

Vardhman Textile's historical performance shows fluctuating net sales peaking at 10,137.49 Cr in Mar'23 but declining to 9,784.88 Cr by Mar'25, alongside decreasing profitability and rising liabilities, with profit after tax dropping from 1,511.54 Cr in Mar'22 to 838.99 Cr in Mar'25. Recent years indicate a decline in profitability despite some periods of growth.

Answer:<BR>The historical performance of Vardhman Textile shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Vardhman Textile's net sales have shown variability, with a peak of 10,137.49 Cr in Mar'23, followed by a decrease to 9,784.88 Cr in Mar'25. Total operating income followed a similar pattern, reaching 10,137.49 Cr in Mar'23 and then declining to 9,784.88 Cr in Mar'25. The raw material cost has also fluctuated, peaking at 5,914.65 Cr in Mar'23 before decreasing to 5,425.64 Cr in Mar'25. Operating profit (PBDIT) has seen a decline from 2,498.42 Cr in Mar'22 to 1,598.71 Cr in Mar'25, while profit before tax decreased from 2,031.19 Cr in Mar'22 to 1,120.51 Cr in Mar'25. Profit after tax followed suit, dropping from 1,511.54 Cr in Mar'22 to 838.99 Cr in Mar'25. The company's total liabilities increased from 9,353.52 Cr in Mar'20 to 12,432.10 Cr in Mar'25, indicating a rising debt level. In terms of cash flow, Vardhman Textile experienced a net cash inflow of 19.00 Cr in Mar'25, contrasting with a net outflow of 41.00 Cr in Mar'24. Overall, while there have been periods of growth, recent years indicate a decline in profitability and an increase in liabilities.

Is Vardhman Textile overvalued or undervalued?

As of October 24, 2025, Vardhman Textile is considered undervalued with a PE ratio of 15.17 and an attractive valuation compared to peers, having outperformed the Sensex with a 1-week return of 9.18%, making it a compelling investment opportunity at a price of 441.80.

As of 24 October 2025, Vardhman Textile's valuation grade has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently considered undervalued, with a PE ratio of 15.17, an EV to EBITDA of 4.03, and a Price to Book Value of 0.13. These ratios suggest that Vardhman Textile is trading at a significant discount compared to its peers in the industry.<BR><BR>In comparison, K P R Mill Ltd is classified as very expensive with a PE ratio of 43.24, while Welspun Living is attractive with a PE of 23.01. This stark contrast highlights Vardhman Textile's favorable valuation. Additionally, the company's recent stock performance has outpaced the Sensex, with a 1-week return of 9.18% compared to the Sensex's 0.31%, reinforcing the notion that Vardhman Textile presents a compelling investment opportunity at its current price of 441.80.

Who are the top shareholders of the Vardhman Textile?

The top shareholders of Vardhman Textile include Vardhman Holdings Limited with 28.85%, mutual funds at 15.09% (led by HDFC Small Cap Fund at 7.47%), Foreign Institutional Investors at 6.02%, and individual investors at 11.05%. There are no pledged promoter holdings reported.

The top shareholders of Vardhman Textile include the promoters, who hold the majority of the shares. The largest promoter is Vardhman Holdings Limited, with a significant holding of 28.85%. In addition to the promoters, mutual funds collectively hold 15.09% of the shares, with the HDFC Small Cap Fund being the highest public shareholder at 7.47%. Foreign Institutional Investors (FIIs) own 6.02%, and individual investors account for 11.05% of the shareholding. There are no pledged promoter holdings reported.

When is the next results date for Vardhman Textile?

No Upcoming Board Meetings

Has Vardhman Textile declared dividend?

Yes, Vardhman Textiles Ltd has declared a 200% dividend, amounting to ₹4 per share, with an ex-date of September 6, 2024. The company has shown strong total returns over various periods, particularly in the long term.

Vardhman Textiles Ltd has declared a 200% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 200%<BR>- Amount per share: 4<BR>- Ex-date: 06 Sep 24<BR><BR>Dividend Yield: 0.82%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -3.94%, with a dividend return of 0%, resulting in a total return of -3.94%.<BR><BR>For the 1-year period, the price return was 3.4%, the dividend return was 0.86%, leading to a total return of 4.26%.<BR><BR>Over the 2-year period, the price return was 35.18%, the dividend return was 2.09%, culminating in a total return of 37.27%.<BR><BR>In the 3-year period, the price return was 67.87%, with a dividend return of 2.94%, resulting in a total return of 70.81%.<BR><BR>For the 4-year period, the price return was 86.54%, the dividend return was 8.99%, leading to a total return of 95.53%.<BR><BR>In the 5-year period, the price return was 224.83%, with a dividend return of 18.74%, culminating in a total return of 243.57%.<BR><BR>Overall, Vardhman Textiles has declared a significant dividend, and the total returns over various periods indicate strong performance, particularly in the longer term, reflecting both price appreciation and dividend contributions.