Virat Industries

When is the next results date for Virat Industries?

No Upcoming Board Meetings

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.

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.

Who are the peers of the Virat Industries?

Virat Industries' peers include Bhilwara Tech, Manomay Tex Indi, Trident Texofab, and others, with varying management risks and growth ratings. Trident Texofab leads in 1-year returns at 449.91%, while Virat Industries has a strong return of 276.00%.

Peers: The peers of Virat Industries are Bhilwara Tech, Manomay Tex Indi, Trident Texofab, Bhatia Communic., Super Sales Ind., Zodiac Cloth. Co, Shiva Texyarn, Bannari Amm Spg., Praxis Home, and S D Retail.<BR><BR>Quality Snapshot: Below Average management risk is observed at Bhilwara Tech, Trident Texofab, Super Sales Ind., Zodiac Cloth. Co, Shiva Texyarn, and Praxis Home, while Average management risk is found at Manomay Tex Indi, Bhatia Communic., Bannari Amm Spg., and S D Retail. Growth is rated as Good for Bhatia Communic., Average for Manomay Tex Indi, Bannari Amm Spg., and the rest, and Below Average for the remaining peers. Capital Structure is rated as Good for Virat Industries, Average for Super Sales Ind., and Below Average for the others.<BR><BR>Return Snapshot: Trident Texofab has the highest 1-year return at 449.91%, while Super Sales Ind. has the lowest at -51.06%. Virat Industries' 1-year return of 276.00% is significantly higher than both. Additionally, the six-month return is negative for Super Sales Ind., Bannari Amm Spg., and Praxis Home.

Who are in the management team of Virat Industries?

As of March 2023, the management team of Virat Industries includes Managing Director Adi F Madan, Whole-time Director Ayesha K Dadyburjor, and several independent and non-executive directors, with independent directors not receiving remuneration.

As of March 2023, the management team of Virat Industries includes the following individuals:<BR><BR>1. Adi F Madan - Managing Director, with a remuneration of 41.37 lacs INR.<BR>2. Ayesha K Dadyburjor - Whole-time Director, with a remuneration of 16.98 lacs INR.<BR>3. Ajit P Walwaikar - Independent Director.<BR>4. Harish H Shah - Independent Director.<BR>5. Kaizad Dady Burjor - Non Executive Director.<BR>6. Pheroze A Dhanbhoora - Independent Director.<BR><BR>The independent directors do not receive any remuneration.

What does Virat Industries do?

Virat Industries Ltd is a micro-cap company in the Garments & Apparels industry, primarily manufacturing high-quality socks for export to Europe. As of March 2025, it reported net sales of 77 Cr and a net profit of 2 Cr, with a market cap of INR 284 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 profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 77 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 284 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 299.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.26 <BR>Return on Equity: 3.44% <BR>Price to Book: 11.00<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

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.

How big is Virat Industries?

As of 24th July, Virat Industries Ltd has a market capitalization of 293.00 Cr, with recent net sales of 31.62 Cr and a net profit of 0.91 Cr. The balance sheet for March 2024 shows shareholder's funds of 25.62 Cr and total assets of 30.95 Cr.

As of 24th July, Virat Industries Ltd has a market capitalization of 293.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Virat Industries reported Net Sales of 31.62 Cr and a Net Profit of 0.91 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 25.62 Cr and Total Assets of 30.95 Cr.

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.

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 concerning, showing a 35.16% decline in net profit and a 19.20% drop in net sales from the previous quarter, indicating operational challenges and a heavy reliance on non-operating income. Despite a debt-free balance sheet, these factors suggest investors should be cautious.

Virat Industries Ltd's latest results indicate a challenging situation for the company. In Q3 FY26, the company reported a net profit of ₹1.18 crores, which is a significant decline of 35.16% compared to the previous quarter. While this figure shows an impressive year-on-year increase of 883.33%, the sequential drop raises concerns about the sustainability of its earnings.<BR><BR>Net sales for the same quarter were ₹5.85 crores, reflecting a decline of 19.20% from the previous quarter and 7.29% year-on-year. This marks the weakest quarterly performance in recent history, highlighting a troubling trend of declining revenues.<BR><BR>The operating profit margin, excluding other income, was just 4.79%, down from 10.22% in the previous quarter. This indicates a deterioration in core operational performance. Additionally, a staggering 90.85% of profit before tax came from other income, which raises serious questions about the quality and sustainability of the company's earnings.<BR><BR>Overall, while the company maintains a debt-free balance sheet and has a cash position of ₹107.97 crores, the operational challenges, declining sales, and heavy reliance on non-operating income suggest that the latest results are more negative than positive. Investors may want to approach this stock with caution, given the current financial metrics and market sentiment.

Why is Virat Industries Ltd falling/rising?

As of 07-Feb, Virat Industries Ltd's stock price has significantly declined to Rs 408.95, reflecting a -9.88% change, and has underperformed its sector. The stock is on a downward trend with substantial losses over various time frames, indicating weak fundamentals and declining investor confidence.

As of 07-Feb, Virat Industries Ltd is experiencing a significant decline in its stock price, currently at Rs 408.95, which reflects a change of -44.85 (-9.88%). The stock has underperformed its sector by 9% today and has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of -11.63% during this period. <BR><BR>The stock's performance over various time frames indicates a troubling trend, with a 1-week decline of -11.09% and a 1-month drop of -15.12%, while year-to-date, it has decreased by -15.32%. This contrasts sharply with the Sensex, which has shown positive returns in the same periods. <BR><BR>Moreover, the stock is trading below all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. High volatility has been noted, with an intraday volatility of 5.71%, and the stock touched an intraday low of Rs 408.45, reflecting investor uncertainty. <BR><BR>Investor participation has also declined, with delivery volume dropping by -67.26% against the 5-day average, suggesting a lack of confidence among investors. The company's weak long-term fundamentals, highlighted by a -1.44% CAGR growth in operating profits over the last five years and a poor EBIT to interest ratio of 0.74, further contribute to the negative sentiment surrounding the stock. <BR><BR>Additionally, the company's recent financial results have been disappointing, with net sales at their lowest and a significant portion of profit before tax coming from non-operating income. The stock's high valuation compared to its peers, along with the absence of domestic mutual fund investment, indicates a lack of confidence in its future performance. All these factors combined are driving the stock price of Virat Industries Ltd downward.

Which are the latest news on Virat Industries?