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Vedant Fashions Overview

Vedant Fashions Ltd manufactures and trades in wedding ceremony and celebration wear in India and the all over the world. The organization's products consist of men's ethnic and celebration wear items, such as Indo-western, sherwanis, and kurtas; jackets and accessories comprising jutti, safa, and mala; and women's ethnic and party wear apparel which include lehengas, sarees, stitched suits, gowns, and kurtis. It offers its merchandise under the Manyavar, Twamev, Manthan, Mohey and Mebaz brands. The agency sells its products thru a network of f...Read More

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Vedant Fashions Key Financials

Market Cap ₹9628 Cr.

Stock P/E 24.8

P/B 5.2

Current Price ₹396.3

Book Value ₹ 76.4

Face Value 1

52W High ₹849.6

Dividend Yield 2.02%

52W Low ₹ 329.7

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Vedant Fashions Share Price

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Volume
Price

Vedant Fashions Quarterly Price

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Vedant Fashions Peer Comparison

Vedant Fashions Quarterly Results

#(Fig in Cr.) Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 511 367 281 263 492
Other Income 22 22 26 20 21
Total Income 534 389 307 283 513
Total Expenditure 269 202 161 152 274
Operating Profit 265 188 146 131 240
Interest 14 14 14 15 14
Depreciation 39 39 40 42 44
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 212 135 93 74 181
Provision for Tax 54 34 22 18 46
Profit After Tax 158 101 70 56 135
Adjustments 0 0 0 0 0
Profit After Adjustments 158 101 70 56 135
Adjusted Earnings Per Share 6.5 4.2 2.9 2.3 5.6

Vedant Fashions Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 413 504 596 759 794 915 542 1009 1326 1368 1386 1403
Other Income 1 2 3 10 19 32 58 49 37 70 85 89
Total Income 414 506 599 769 813 947 600 1057 1363 1437 1472 1492
Total Expenditure 311 354 423 525 521 517 307 528 668 709 744 789
Operating Profit 103 152 176 244 293 430 293 529 695 728 728 705
Interest 8 6 5 6 4 25 25 27 30 45 55 57
Depreciation 9 7 8 10 8 82 89 88 97 135 153 165
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 86 139 164 229 280 323 178 414 567 548 519 483
Provision for Tax 30 49 58 79 98 78 48 105 144 134 131 120
Profit After Tax 56 90 106 149 182 245 131 308 423 414 388 362
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 56 90 106 149 182 245 131 308 423 414 388 362
Adjusted Earnings Per Share 11.9 19 22.4 6.5 7.3 9.8 5.3 12.7 17.4 17.1 16 15

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 1% 11% 9% 13%
Operating Profit CAGR 0% 11% 11% 22%
PAT CAGR -6% 8% 10% 21%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -51% -30% NA% NA%
ROE Average 23% 28% 25% 29%
ROCE Average 34% 41% 36% 41%

Vedant Fashions Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 157 233 329 707 890 1076 1099 1084 1395 1602 1786
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 49 63 63 87 117 288 564 628 665 984 1008
Total Current Liabilities 99 67 90 147 140 226 373 553 761 727 882
Total Liabilities 305 362 482 940 1147 1591 2037 2265 2820 3313 3676
Fixed Assets 109 104 141 316 252 482 446 495 518 663 688
Other Non-Current Assets 36 61 41 39 144 169 502 532 621 904 900
Total Current Assets 160 197 300 584 750 939 1089 1237 1682 1746 2088
Total Assets 305 362 482 940 1147 1591 2037 2265 2820 3313 3676

Vedant Fashions Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 3 2 1 5 1 2 9 6 3 10 22
Cash Flow from Operating Activities 100 86 37 52 179 241 253 341 459 483 389
Cash Flow from Investing Activities -17 -24 -22 -279 -165 -96 -90 62 -228 -110 -16
Cash Flow from Financing Activities -85 -62 -16 224 -13 -138 -165 -406 -226 -362 -377
Net Cash Inflow / Outflow -2 0 -0 -4 1 7 -2 -3 5 12 -4
Closing Cash & Cash Equivalent 2 2 1 1 2 9 6 3 8 22 17

Vedant Fashions Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 11.9 19.01 22.36 6.46 7.28 9.79 5.27 12.71 17.42 17.05 15.99
CEPS(Rs) 13.77 20.56 23.95 6.88 7.62 13.08 8.87 16.33 21.43 22.61 22.29
DPS(Rs) 2.6 1 0 0 0 0 0 5 9 8.5 8
Book NAV/Share(Rs) 33.12 49.12 69.42 30.56 35.54 42.97 44.21 44.49 57.15 65.61 73.23
Core EBITDA Margin(%) 24.72 29.83 28.89 30.76 34.45 43.48 43.33 47.62 49.61 48.12 46.35
EBIT Margin(%) 22.8 28.75 28.11 30.87 35.79 37.98 37.53 43.7 45.05 43.36 41.45
Pre Tax Margin(%) 20.89 27.56 27.27 30.08 35.24 35.27 32.91 41.02 42.76 40.1 37.47
PAT Margin (%) 13.66 17.87 17.65 19.67 22.95 26.78 24.1 30.57 31.89 30.29 28.02
Cash Profit Margin (%) 15.81 19.33 18.91 20.93 24.02 35.8 40.52 39.3 39.24 40.15 39.06
ROA(%) 18.63 27.03 25.11 21.01 17.47 17.91 7.21 14.34 16.63 13.51 11.12
ROE(%) 38.29 46.23 37.72 28.85 22.83 24.93 12.04 28.35 34.28 27.79 23.04
ROCE(%) 41.2 61.74 56.99 44.38 35.32 35.36 18.71 40.38 48.19 39.57 33.92
Receivable days 68.72 68.66 89.85 122.6 151.49 145.33 254.97 137.71 119.42 138.44 155.73
Inventory Days 67.53 56.42 55.67 44.47 40.75 40.73 72.08 43.62 43.32 41.62 44.83
Payable days 84.75 112.9 89.68 60.41 89.06 81.65 133.39 85.38 84.2 87.14 99.43
PER(x) 0 0 0 0 0 0 0 75.98 65.39 54.44 48.48
Price/Book(x) 0 0 0 0 0 0 0 21.7 19.93 14.15 10.59
Dividend Yield(%) 0 0 0 0 0 0 0 0.52 0.79 0.92 1.03
EV/Net Sales(x) 0.17 0.06 0.03 0.04 -0.12 -0.05 0.03 23.22 20.85 16.47 13.57
EV/Core EBITDA(x) 0.66 0.21 0.11 0.13 -0.32 -0.1 0.06 44.3 39.78 30.95 25.86
Net Sales Growth(%) 0 22.09 18.26 27.19 4.7 15.24 -40.73 85.98 31.45 3.13 1.39
EBIT Growth(%) 26.71 53.93 16.45 38.92 21.17 22.31 -41.44 116.57 35.51 -0.75 -3.07
PAT Growth(%) 15.08 59.76 17.61 40.91 21.98 34.49 -46.66 135.85 37.14 -2.06 -6.21
EPS Growth(%) 15.08 59.76 17.61 -71.09 12.59 34.49 -46.11 140.87 37.1 -2.1 -6.23
Debt/Equity(x) 0.37 0.09 0.03 0.02 0 0 0 0 0 0 0
Current Ratio(x) 1.62 2.96 3.35 3.97 5.37 4.15 2.92 2.24 2.21 2.4 2.37
Quick Ratio(x) 0.91 1.67 2.26 3.37 4.73 3.65 2.65 1.98 1.98 2.21 2.14
Interest Cover(x) 11.88 24.3 33.35 38.85 65.34 14.02 8.12 16.29 19.68 13.32 10.41
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Vedant Fashions Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 74.99 74.98 74.97 74.97 74.96 74.96 74.95 74.95 74.95 74.94
FII 6.67 7.74 8.13 9.04 9.53 10.55 10.14 9.89 9.76 9.3
DII 14.88 13.73 12.64 11.89 11.57 10.37 10.59 11.1 10.95 12
Public 3.45 3.54 4.25 4.1 3.94 4.13 4.32 4.06 4.35 3.76
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Vedant Fashions News

Vedant Fashions Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 28%
  • Company is almost debt free.

Cons

  • Debtor days have increased from 87.14 to 99.43days.
  • Stock is trading at 5.2 times its book value.
  • The company has delivered a poor profit growth of 9% over past five years.
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