Vedant Fashions

Why is Vedant Fashions Ltd falling/rising?

As of 22-Jun, Vedant Fashions Ltd's stock price is rising to 416.10, driven by increased investor interest and outperforming its sector today. However, the company faces significant long-term challenges, including a year-to-date decline of 28.47% and weak growth prospects, indicating caution for investors.

As of 22-Jun, Vedant Fashions Ltd's stock price is rising, currently at 416.10, reflecting a change of 3.2 (0.78%) upward. This increase can be attributed to several factors. Notably, the stock has outperformed its sector by 0.51% today and reached an intraday high of Rs 421.25, which is a 2.02% increase. Additionally, there has been a significant rise in investor participation, with delivery volume on June 19 increasing by 189.9% compared to the 5-day average, indicating heightened interest in the stock.<BR><BR>Despite the positive performance today, it is important to note that Vedant Fashions Ltd has faced considerable challenges over the longer term. The company has experienced a year-to-date decline of 28.47% and a staggering 47.99% drop over the past year. Furthermore, its long-term growth prospects appear weak, with net sales growing at an annual rate of only 9.22% and operating profit at 3.99% over the last five years. The stock has consistently underperformed against benchmarks, including a 68.66% decline over the past three years.<BR><BR>While the company boasts high management efficiency with a return on equity (ROE) of 30.19% and is net-debt free, these factors are somewhat overshadowed by its expensive valuation and flat results reported in March 2026. The stock is trading at a price-to-book value of 6.7, which is considered high compared to its peers. Thus, while the stock is currently rising, the underlying long-term performance metrics suggest caution for investors.

Which are the latest news on Vedant Fashions?

What does Vedant Fashions do?

Vedant Fashions Ltd is a Small Cap company in the Garments & Apparels industry, known for its ethnic wear brand Manyavar. As of March 2026, it reported net sales of ₹399 Cr and a net profit of ₹114 Cr, with a market cap of ₹9,938 Cr.

Overview:<BR>Vedant Fashions Ltd operates in the Garments & Apparels industry and is categorized as a Small Cap company.<BR><BR>History:<BR>Vedant Fashions Limited was incorporated in 2002 and underwent a status change from a private limited company to a public entity. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 399 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 114 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 9,938 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 24.00<BR>- Industry P/E: 72<BR>- Dividend Yield: 1.99%<BR>- Debt-Equity: -0.16<BR>- Return on Equity: 26.38%<BR>- Price to Book: 6.39<BR><BR>Contact Details:<BR>- Address: Paridhan Garment Park A501-502, 19 Canal South Rd SDF-1 4th Fl Kolkata West Bengal : 700015<BR>- Tel: 91-33-61255495<BR>- Email: complianceofficer@manyavar.com<BR>- Website: http://www.vedantfashions.com

How big is Vedant Fashions?

As of 10th June, Vedant Fashions Ltd has a market capitalization of 9,938.00 Cr, with net sales of 1,345.39 Cr and net profit of 402.89 Cr over the latest four quarters. Shareholder's funds are valued at 1,601.88 Cr, and total assets amount to 2,508.31 Cr as of March 2024.

As of 10th June, <BR><BR>Market Cap: Vedant Fashions Ltd has a market capitalization of 9,938.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1,345.39 Cr, while the sum of Net Profit for the same period is 402.89 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2024. Shareholder's Funds are valued at 1,601.88 Cr, and Total Assets amount to 2,508.31 Cr.

Who are in the management team of Vedant Fashions?

The management team of Vedant Fashions includes Ravi Modi (Chairman), Shilpi Modi (Executive Director), and several independent and non-executive directors, including Manish Choksi, Sunish Sharma, Tarun Puri, and Abanti Mitra, along with Navin Pareek as Company Secretary. They are responsible for guiding the company's strategic direction and operations.

The management team of Vedant Fashions includes the following key members:<BR><BR>1. **Ravi Modi** - Chairman / Executive Director<BR>2. **Shilpi Modi** - Executive Director & Wholetime Director<BR>3. **Manish Choksi** - Independent Non-Executive Director<BR>4. **Sunish Sharma** - Non-Executive Director<BR>5. **Tarun Puri** - Independent Non-Executive Director<BR>6. **Abanti Mitra** - Independent Non-Executive Director<BR>7. **Navin Pareek** - Company Secretary & Compliance Officer<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the Vedant Fashions?

Peers of Vedant Fashions include K P R Mill Ltd, Vardhman Textile, and Welspun Living, among others. Vedant Fashions has the lowest 1-year return at -50.96%, while Vardhman Textile leads with 26.71%.

Peers: The peers of Vedant Fashions are K P R Mill Ltd, Vardhman Textile, Welspun Living, Arvind Ltd, Trident, V2 Retail, Pearl Global Ind, Aditya Bir. Fas., Garware Tech, and Indo Count Inds.<BR><BR>Quality Snapshot: Excellent management risk is observed at Vedant Fashions, K P R Mill Ltd, Vardhman Textile, Pearl Global Ind, and Garware Tech, while Good management risk is found at Welspun Living, Arvind Ltd, and Indo Count Inds. Average management risk is present at V2 Retail, Trident, and Aditya Bir. Fas. In terms of Growth, Excellent growth is noted at V2 Retail and Pearl Global Ind, while Good growth is seen at Arvind Ltd, and the rest exhibit Below Average growth. For Capital Structure, Excellent capital structure is held by K P R Mill Ltd, Vardhman Textile, and Vedant Fashions, while Average capital structure is found at Welspun Living and Arvind Ltd, and the rest have Below Average or Good capital structures.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Vardhman Textile at 26.71%, while Vedant Fashions has the lowest at -50.96%. This indicates that Vedant Fashions' performance is significantly worse compared to its peers. Additionally, Trident, Welspun Living, Aditya Bir. Fas., and Garware Tech all have negative six-month returns.

Should I buy, sell or hold Vedant Fashions Ltd?

When is the next results date for Vedant Fashions Ltd?

The next results date for Vedant Fashions Ltd is 12 February 2026.

The next results date for Vedant Fashions Ltd is scheduled for 12 February 2026.

How has been the historical performance of Vedant Fashions?

Vedant Fashions has shown consistent growth in net sales and profits, with net sales increasing from 915.55 crore in March 2020 to 1,367.53 crore in March 2024, and maintaining a strong operating profit margin of 48.12%. The company is debt-free since March 2021 and has improved cash flow, reaching 483 crore in March 2024.

Answer:<BR>The historical performance of Vedant Fashions shows a consistent growth trajectory in net sales and profits over the years.<BR><BR>Breakdown:<BR>Vedant Fashions has demonstrated significant growth in net sales, increasing from 915.55 crore in March 2020 to 1,367.53 crore in March 2024, with a slight rise from 1,354.93 crore in March 2023. The total operating income has followed a similar trend, reaching 1,367.53 crore in March 2024. The operating profit (PBDIT) also reflects this upward trend, rising from 426.18 crore in March 2020 to 727.75 crore in March 2024, although it saw a slight decrease from 711.09 crore in the previous year. Profit before tax peaked at 575.84 crore in March 2023 but fell to 548.41 crore in March 2024, while profit after tax was 414.17 crore in March 2024, down from 429.11 crore in March 2023. The company has maintained a strong operating profit margin, recorded at 48.12% in March 2024, and a healthy PAT margin of 30.29%. On the balance sheet, total assets grew from 1,590.95 crore in March 2020 to 2,508.31 crore in March 2024, with total liabilities also increasing to 2,508.31 crore. The company has eliminated long-term borrowings, maintaining a debt-free status since March 2021. Cash flow from operating activities has improved, reaching 483 crore in March 2024, contributing to a closing cash balance of 21 crore, up from 9 crore in the previous year. Overall, Vedant Fashions has shown resilience and growth in its financial performance over the years.

Is Vedant Fashions technically bullish or bearish?

As of October 7, 2025, Vedant Fashions has shifted to a bearish trend with moderate strength, despite a mildly bullish MACD signal, as bearish indicators from Bollinger Bands, KST, and moving averages suggest a lack of momentum and poor performance compared to the Sensex.

As of 7 October 2025, the technical trend for Vedant Fashions has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD indicates a mildly bullish signal, but this is offset by bearish signals from the Bollinger Bands, KST, and daily moving averages. The RSI shows no signal on both weekly and monthly time frames, indicating a lack of momentum. The overall performance has been poor, with significant declines compared to the Sensex over various periods, further supporting the bearish outlook.

Are Vedant Fashions latest results good or bad?

Vedant Fashions' latest results show a mixed performance, with a significant decline in profits and sales, leading to a negative outlook. However, operating cash flow is at a record high, prompting analysts to issue a 'Hold' recommendation for the stock.

Vedant Fashions' latest financial results indicate a mixed performance, leaning towards the negative side. For the quarter ending September 2024, the company reported a significant decline in key financial metrics. The profit before tax (PBT) decreased by 34.2% compared to the average of the previous four quarters, while the profit after tax (PAT) fell by 30.4%. Additionally, net sales dropped by 17.3% during the same period.<BR><BR>On a more positive note, the operating cash flow reached a record high of Rs 483.08 crore, showing consistent growth over the past three years. This suggests that the company is generating more cash from its operations, which is a good sign.<BR><BR>However, the company's debt-equity ratio has risen to 0.30, the highest in recent periods, indicating increased borrowing that could stress liquidity. Furthermore, the debtors turnover ratio has declined to 2.20 times, suggesting slower collection of receivables.<BR><BR>Overall, while there are some encouraging signs in cash flow, the significant declines in profits and sales, along with rising debt levels, contribute to a negative outlook. Analysts have issued a 'Hold' recommendation for the stock, advising investors to monitor the situation closely.

Who are the top shareholders of the Vedant Fashions?

The top shareholders of Vedant Fashions include the Ravi Modi Family Trust with 57.16%, various mutual funds at 8.26%, and foreign institutional investors at 10.14%. The Government Pension Fund Global is the largest public shareholder with 3.83%, while individual investors hold about 3.09%.

The top shareholders of Vedant Fashions include the Ravi Modi Family Trust, which holds the largest stake at 57.16%. Other significant shareholders are various mutual funds, which collectively hold 8.26%, and foreign institutional investors (FIIs) with a combined holding of 10.14%. The highest public shareholder is the Government Pension Fund Global, owning 3.83%. Additionally, individual investors hold about 3.09% of the company. Overall, the majority of the shares are held by promoters, and there are no pledged promoter holdings.

Is Vedant Fashions overvalued or undervalued?

As of March 3, 2022, Vedant Fashions is considered very expensive and overvalued with high valuation ratios, despite strong returns on capital and equity, as evidenced by a year-to-date return of -36.86% compared to the Sensex's gain of 5.56%.

As of 3 March 2022, Vedant Fashions has moved from a grade of does not qualify to very expensive, indicating a significant change in its valuation outlook. The company is currently considered overvalued based on its high valuation ratios, including a PE ratio of 49.23, an EV to EBITDA ratio of 30.04, and a Price to Book Value of 12.98. <BR><BR>In comparison to its peers, Vedant Fashions' PE ratio is notably lower than Avenue Supermarts Ltd. at 100.87 and Trent Ltd. at 132.74, both of which are also categorized as very expensive. Despite its strong ROCE of 39.55% and ROE of 26.38%, the overall valuation metrics suggest that the stock is overpriced relative to its earnings potential. Additionally, the company's recent performance shows a year-to-date return of -36.86%, significantly underperforming the Sensex's gain of 5.56%, reinforcing the overvaluation narrative.

Has Vedant Fashions declared dividend?

Yes, Vedant Fashions Ltd has declared an 850% dividend, amounting to ₹8.5 per share, with an ex-date of August 23, 2024. However, total returns over various periods have shown significant declines in price returns, despite the dividend declaration.

Vedant Fashions Ltd has declared an 850% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 850%<BR>- Amount per share: 8.5<BR>- Ex-date: 23 Aug 24<BR><BR>Dividend Yield: 1.05%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -38.91%, the dividend return was 0%, resulting in a total return of -38.91%.<BR><BR>Over the past year, the price return was -22.11%, the dividend return was 0.76%, leading to a total return of -21.35%.<BR><BR>In the 2-year period, the price return was -36.32%, the dividend return was 1.31%, which resulted in a total return of -35.01%.<BR><BR>For the last 3 years, the price return was -23.83%, the dividend return was 2.37%, culminating in a total return of -21.46%.<BR><BR>In the 4-year period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>Over the past 5 years, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>Overall, while Vedant Fashions has declared a substantial dividend, the total returns over various periods indicate a consistent decline in price returns, with limited positive contributions from dividends.