Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

  • Home
  • /
  • Vardhman Textiles
Join Channel
Consolidated Standalone

Vardhman Textiles

₹437 10.9 | 2.5%

Market Cap ₹12637 Cr.

Stock P/E 19.7

P/B 1.4

Current Price ₹437

Book Value ₹ 314.7

Face Value 2

52W High ₹475

Dividend Yield 0.92%

52W Low ₹ 318

Edit Ratio

Vardhman Textiles Research see more...

Overview Inc. Year: 1973Industry: Textile

Vardhman Textiles Ltd is an integrated textile manufacturer. The Company is engaged in production of cotton yarn, synthetic yarn, woven cloth, stitching thread, acrylic fiber, tow and garments. The Company's segments include Textiles and Fibre. The Company is a piece dyed material producer, and cotton yarn producer and exporter. It gives the variety of specialized greige and dyed yarns in cotton, polyester, acrylic and a number of blends. The Company additionally manufactures merchandise, along with Organic Cotton, Melange, Core Spun Yarns, Ultra Yarns (Contamination managed), Gassed Mercerised, Super Fine Yarns, Slub and Cellulose Yarns and Fancy Yarns for hand knitting. The Company has approximately 1.1 million spindles and a ability to manufacture over 580 metric ton (MT) of yarn in keeping with day. The Company has manufacturing facilities positioned in Punjab, Himachal Pradesh and Madhya Pradesh. The Company markets its products within the European Union, the USA and the Far East.

Read More..

Vardhman Textiles Share Price

New

₹ | |

Volume
Price

Quarterly Price

Quarterly Monthly
Show Value Show %

Peer Comparison

Vardhman Textiles Quarterly Results

#(Fig in Cr.) Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 2603 2707 2812 2470 2370 2486 2318 2397 2330 2459
Other Income 64 48 20 30 66 75 94 90 75 67
Total Income 2667 2756 2832 2500 2437 2561 2413 2487 2404 2527
Total Expenditure 1984 2208 2286 2112 2192 2224 2103 2192 2085 2151
Operating Profit 683 548 546 388 245 337 310 295 319 375
Interest 21 29 26 25 21 30 32 22 19 29
Depreciation 92 92 93 99 99 104 105 104 99 97
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 569 427 426 265 126 203 173 169 200 250
Provision for Tax 147 118 105 68 31 51 45 42 50 62
Profit After Tax 422 309 321 197 95 152 128 127 151 188
Adjustments 6 13 8 8 7 7 9 7 10 13
Profit After Adjustments 429 322 329 205 102 159 136 134 160 201
Adjusted Earnings Per Share 15.1 11.3 11.6 7.2 3.6 5.6 4.8 4.7 5.6 7.1

Vardhman Textiles Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 4974 6166 6786 5860 5997 6242 6878 6735 6140 9622 10137 9504
Other Income 49 99 201 147 554 197 223 174 202 225 192 326
Total Income 5023 6265 6987 6007 6551 6440 7101 6909 6341 9847 10329 9831
Total Expenditure 3997 4706 5673 4683 4798 5339 5684 5798 5326 7348 8814 8531
Operating Profit 1025 1559 1314 1323 1753 1100 1416 1112 1015 2498 1516 1299
Interest 177 176 160 125 129 118 120 135 113 100 102 102
Depreciation 295 335 532 374 343 240 254 333 364 368 394 405
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 553 1048 622 872 1318 760 1059 655 559 2071 1060 792
Provision for Tax 168 282 177 247 324 167 318 65 132 520 255 199
Profit After Tax 385 766 446 624 994 592 741 591 427 1551 805 594
Adjustments -28 -47 -45 -9 -13 -11 -10 -13 -13 -4 -10 39
Profit After Adjustments 356 718 400 615 981 581 731 578 414 1547 795 631
Adjusted Earnings Per Share 11.4 23 12.8 20.2 35.7 20.6 25.9 20.4 14.7 54.4 28 22.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 5% 15% 10% 7%
Operating Profit CAGR -39% 11% 7% 4%
PAT CAGR -48% 11% 6% 8%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 35% 19% 14% 21%
ROE Average 10% 13% 13% 16%
ROCE Average 12% 14% 14% 15%

Vardhman Textiles Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 2506 3132 3375 4000 4273 4954 5591 6048 6468 7704 8563
Minority's Interest 355 396 441 103 112 109 113 121 133 138 89
Borrowings 2100 2055 1418 1040 743 1210 1089 1266 1297 921 931
Other Non-Current Liabilities 8071 1112 1522 265 287 286 361 283 295 287 304
Total Current Liabilities 1555 1969 1896 2106 2086 1686 1862 1636 1424 1930 1445
Total Liabilities 14588 8664 8653 7513 7501 8244 9016 9354 9617 10979 11333
Fixed Assets 2704 3154 2875 2627 2591 2631 3201 3628 3529 3494 3937
Other Non-Current Assets 8323 1382 2017 1342 1072 1068 1134 843 886 1630 1611
Total Current Assets 3560 4127 3761 3544 3838 4546 4681 4882 5202 5855 5784
Total Assets 14588 8664 8653 7513 7501 8244 9016 9354 9617 10979 11333

Vardhman Textiles Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 84 65 81 180 215 42 70 40 215 93 67
Cash Flow from Operating Activities 333 834 1412 915 1350 103 499 849 168 1445 1853
Cash Flow from Investing Activities -517 -780 -315 -451 -343 -167 -278 -379 -116 -899 -1445
Cash Flow from Financing Activities 165 -39 -975 -365 -1180 92 -252 -296 -174 -571 -399
Net Cash Inflow / Outflow -19 16 122 99 -173 28 -30 175 -122 -26 9
Closing Cash & Cash Equivalent 65 81 203 279 42 70 40 215 93 67 76

Vardhman Textiles Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 11.4 22.98 12.8 20.18 35.75 20.6 25.88 20.44 14.65 54.42 27.95
CEPS(Rs) 21.75 35.22 31.28 32.78 48.72 29.5 35.22 32.7 27.96 67.51 42.16
DPS(Rs) 1.2 2.2 2 3 3 3 3.5 0 3.5 6.8 3.5
Book NAV/Share(Rs) 80.18 100.2 107.98 131.32 155.64 175.18 197.42 213.49 228.09 270.88 301.03
Core EBITDA Margin(%) 19.47 23.52 16.3 19.95 19.89 14.45 17.35 13.92 13.26 23.63 13.06
EBIT Margin(%) 14.56 19.71 11.45 16.91 23.99 14.05 17.13 11.74 10.95 22.56 11.46
Pre Tax Margin(%) 11.03 16.88 9.11 14.78 21.86 12.16 15.39 9.73 9.1 21.52 10.46
PAT Margin (%) 7.67 12.33 6.53 10.59 16.49 9.48 10.77 8.77 6.95 16.12 7.94
Cash Profit Margin (%) 13.56 17.74 14.32 16.93 22.18 13.32 14.46 13.72 12.88 19.94 11.83
ROA(%) 3.63 6.58 5.15 7.72 13.24 7.53 8.58 6.43 4.5 15.06 7.21
ROE(%) 16.32 27.15 13.7 16.92 24.04 12.86 14.08 10.18 6.84 21.92 9.9
ROCE(%) 13.71 20.09 12.49 15.77 22.02 12.73 15.56 9.8 7.97 23.74 11.66
Receivable days 50.12 47.46 44.82 49.13 45.73 43.55 41.41 44.01 55.27 44.76 45.23
Inventory Days 120.8 116.9 109.78 118.9 111.31 117.11 129.14 143.38 162.8 107.7 94.96
Payable days 15.76 16.51 19.95 14.31 15.02 28.22 30.54 34.54 36.75 27.8 23.25
PER(x) 4.65 3.07 8.44 7.67 7.37 11.85 8.34 6.12 17.75 8 10.51
Price/Book(x) 0.66 0.71 1 1.18 1.69 1.39 1.09 0.59 1.14 1.61 0.98
Dividend Yield(%) 2.26 3.11 1.85 1.94 1.14 1.23 1.62 0 1.35 1.56 1.19
EV/Net Sales(x) 0.96 0.89 0.86 1.21 1.57 1.46 1.21 0.81 1.51 1.48 0.95
EV/Core EBITDA(x) 4.65 3.53 4.43 5.34 5.38 8.3 5.88 4.93 9.13 5.7 6.37
Net Sales Growth(%) 6.99 23.98 10.05 -13.65 2.35 4.08 10.18 -2.08 -8.84 56.72 5.35
EBIT Growth(%) 78.77 67.67 -36.11 27.52 45.1 -39.32 34.24 -32.9 -14.99 222.87 -46.46
PAT Growth(%) 128.43 99.06 -41.78 40.04 59.32 -40.41 25 -20.2 -27.76 263.32 -48.12
EPS Growth(%) 152.11 101.57 -44.29 57.6 77.16 -42.38 25.62 -21.02 -28.3 271.44 -48.64
Debt/Equity(x) 1.27 1.08 0.78 0.66 0.52 0.47 0.41 0.37 0.33 0.26 0.2
Current Ratio(x) 2.29 2.1 1.98 1.68 1.84 2.7 2.51 2.99 3.65 3.03 4
Quick Ratio(x) 1.14 0.98 0.97 0.77 1 1.36 1.11 1.35 1.69 1.54 2.35
Interest Cover(x) 4.12 6.95 4.9 7.95 11.24 7.43 9.85 5.85 5.93 21.77 11.38
Total Debt/Mcap(x) 1.88 1.5 0.77 0.53 0.3 0.33 0.37 0.62 0.28 0.16 0.2

Vardhman Textiles Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 63.15 62.93 62.91 63.75 63.86 63.85 64.07 64.11 64.13 64.13
FII 6.3 8.26 7.51 7 7.07 6.85 6.65 6.95 6.37 6.28
DII 18.84 16.86 16.57 16.72 16.85 17 16.95 16.7 16.84 16.54
Public 11.71 11.95 13.01 12.53 12.22 12.3 12.33 12.24 12.66 13.04
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 27.8 to 23.25days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 13% over the last 3 years.
  • The company has delivered a poor profit growth of 6% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Vardhman Textiles News

Top Unlisted Companies & InstaBuy Companies

Sell or Purchase Share (Tentative Price)

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

You May Also Know About

Unlisted Shares Pre-IPO Shares ESOP Shares Delisted Shares

Please Login!

Click to Login
OR
Get free Account

Error!