Textiles & Apparels
Valuation | |
|---|---|
| Market Cap | 15.69 kCr |
| Price/Earnings (Trailing) | 19.34 |
| Price/Sales (Trailing) | 1.54 |
| EV/EBITDA | 11.28 |
| Price/Free Cashflow | 19.35 |
| MarketCap/EBT | 16.02 |
| Enterprise Value | 17.11 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 10.17 kCr |
| Rev. Growth (Yr) | 1.2% |
| Earnings (TTM) | 801.82 Cr |
| Earnings Growth (Yr) | -20.4% |
Profitability | |
|---|---|
| Operating Margin | 10% |
| EBT Margin | 10% |
| Return on Equity | 7.84% |
| Return on Assets | 6.1% |
| Free Cashflow Yield | 5.17% |
Growth & Returns | |
|---|---|
| Price Change 1W | 1.1% |
| Price Change 1M | 31.4% |
| Price Change 6M | 27.8% |
| Price Change 1Y | 36.9% |
| 3Y Cumulative Return | 20.8% |
| 5Y Cumulative Return | 18% |
| 7Y Cumulative Return | 14.4% |
| 10Y Cumulative Return | 13.5% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -891.63 Cr |
| Cash Flow from Operations (TTM) | 1.64 kCr |
| Cash Flow from Financing (TTM) | -732.91 Cr |
| Cash & Equivalents | 57.37 Cr |
| Free Cash Flow (TTM) | 611.18 Cr |
| Free Cash Flow/Share (TTM) | 21.13 |
Balance Sheet | |
|---|---|
| Total Assets | 13.15 kCr |
| Total Liabilities | 2.93 kCr |
| Shareholder Equity | 10.22 kCr |
| Current Assets | 6.92 kCr |
| Current Liabilities | 1.32 kCr |
| Net PPE | 4.22 kCr |
| Inventory | 3.77 kCr |
| Goodwill | 2.46 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.11 |
| Debt/Equity | 0.14 |
| Interest Coverage | 9.62 |
| Interest/Cashflow Ops | 21.04 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 5 |
| Dividend Yield | 0.92% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: Market Cap wise it is among the top 20% companies of india.
Smart Money: Smart money has been increasing their position in the stock.
Balance Sheet: Strong Balance Sheet.
Past Returns: In past three years, the stock has provided 20.8% return compared to 13.3% by NIFTY 50.
Technicals: Bullish SharesGuru indicator.
Profitability: Recent profitability of 8% is a good sign.
No major cons observed.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: Market Cap wise it is among the top 20% companies of india.
Smart Money: Smart money has been increasing their position in the stock.
Balance Sheet: Strong Balance Sheet.
Past Returns: In past three years, the stock has provided 20.8% return compared to 13.3% by NIFTY 50.
Technicals: Bullish SharesGuru indicator.
Profitability: Recent profitability of 8% is a good sign.
No major cons observed.
Investor Care | |
|---|---|
| Dividend Yield | 0.92% |
| Dividend/Share (TTM) | 5 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 28.05 |
Financial Health | |
|---|---|
| Current Ratio | 5.25 |
| Debt/Equity | 0.14 |
Technical Indicators | |
|---|---|
| RSI (14d) | 75.09 |
| RSI (5d) | 98.72 |
| RSI (21d) | 75.92 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Sell |
| SharesGuru Signal | Buy |
| RSI Signal | Sell |
| RSI5 Signal | Sell |
| RSI21 Signal | Sell |
| SMA 5 Signal | Buy |
| SMA 10 Signal |
Summary of Vardhman Textiles Limted's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the Q3 FY26 earnings call, management of Vardhman Textiles projected a challenging operational environment driven by cost volatility, demand disruptions, and global trade uncertainties. They reported an EBITDA margin of approximately 15%, down from 16% quarter-on-quarter and also down from 17% year-to-date compared to the previous year. The company has achieved high capacity utilization rates, with yarn utilization at around 95% and fabric utilization around 90%.
Key points include:
Cotton Pricing and Market Situation: Cotton prices have remained elevated, trading at $0.75-$0.78 per pound and rising to around $0.79 in January 2026. The higher Minimum Support Price (MSP) has made Indian cotton more expensive compared to global benchmarks. This has resulted in a supply deficit, with estimated domestic consumption at 322 lakh bales against a cotton crop estimated at 292 lakh bales.
Yarn Business Performance: The yarn segment faced pressures due to tariff-related disruptions, resulting in softer domestic demand, although exports benefited from improvements, particularly contamination-free yarns. Yarn prices saw a marginal increase of approximately $0.15 per kg.
Fabric Business Dynamics: The fabric division confronted competitive intensity; however, it performed resiliently thanks to ongoing product development and operational execution. A significant milestone was the commissioning of Vardhman Performance Fabrics, expected to enhance capabilities significantly.
Strategic Investments: The company is diversifying into non-U.S. markets to mitigate tariff risks and has expanded its fabric capacity to 200 lakh meters per month. This expansion aligns with their goal of increasing green power usage from 9% to about 50% in FY27.
Future Outlook: Management emphasized the need for improvements in margin through efficiency and cost management but observed that short-term visibility is limited. They indicated expectations for gradual recovery in market conditions and maintaining a disciplined approach to capital utilization and customer relationships.
Overall, while Vardhman Textiles faces significant challenges, management remains confident in its strategic initiatives and operational resilience.
Understand Vardhman Textiles Limted ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| VARDHMAN HOLDINGS LIMITED | 28.99% |
| ADISHWAR ENTERPRISES LLP | 17.84% |
| DEVAKAR INVESTMENT AND TRADING COMPANY PRIVATE LIMITED | 11.05% |
| HDFC SMALL CAP FUND | 7.48% |
| DSP SMALL CAP FUND | 3.04% |
| VTL INVESTMENTS LIMITED | 1.61% |
| SHRI PAUL OSWAL | 1.03% |
Detailed comparison of Vardhman Textiles Limted against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| KPRMILL | K.P.R. Mill | 30.69 kCr | 6.74 kCr | -3.10% | +9.90% | 36.38 | 4.55 | - | - |
| TRIDENT | Trident | 13.04 kCr | 7.01 kCr |
Comprehensive comparison against sector averages
VTL metrics compared to Textiles
| Category | VTL | Textiles |
|---|---|---|
| PE | 19.58 | -0.02 |
| PS | 1.56 | 0.19 |
| Growth | 1.5 % | 459.7 % |
Vardhman Textiles Limited, together with its subsidiaries, manufactures, purchases, and sells textiles and fibres in India and internationally. The company offers yarns, fabrics, acrylic fibers, threads, and garments. It also provides specialized greige and dyed yarns in cotton, polyester, acrylic, viscose, specialized fibers, and various blends; fabrics, such as piece dyed, yarn dyed, printed, fiber blends, weaved, and specialty finishes. In addition, the company is involved in lending and investing activities; and the manufacture and sale of hot rolled bars, and special and alloy steel products, including carbon steel, case hardening steel, through hardening steel, and other products for automotive, engineering, bearing, and allied industries. It also exports its products. The company was formerly known as Mahavir Spinning Mills Limited and changed its name to Vardhman Textiles Limited in September 2006. Vardhman Textiles Limited was founded in 1965 and is based in Ludhiana, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
VTL vs Textiles (2021 - 2026)
Question 1: Was there any inventory loss due to the decline in cotton prices between Quarter 2 and Quarter 3?
Question 2: What is the current capacity of your fabric after expansion?
Question 3: Any updates on the import duty discussions with the government?
Question 4: What were the key reasons for increased inventory noted in the balance sheet?
Question 5: Could you provide EBITDA margins for the Yarn and Fabric businesses?
Question 6: In light of the EU FTA, is there a reconsideration towards expanding your garmenting division?
Question 7: What initiatives are being undertaken to improve margins, considering higher cotton prices?
Question 8: How much cotton did we import in Q3?
Question 9: How has the tariff situation impacted revenue and EBITDA this quarter?
Question 10: What capacity utilization are you targeting for the new performance fabrics?
| FLAMINGO FINANCE AND INVESTMENT COMPANY LIMITED | 0.92% |
| SANTON FINANCE AND INVESTMENT COMPANY LIMITED | 0.79% |
| RAMANIYA FINANCE AND INVESTMENT COMPANY LIMITED | 0.73% |
| SUCHITA JAIN | 0.42% |
| SHAKUN OSWAL | 0.24% |
| SHRI PAUL OSWAL, PARTNER, PARAS SYNDICATE | 0.2% |
| SHRI PAUL OSWAL, PARTNER, NORTHERN TRADING COMPANY | 0.19% |
| MAHAVIR SPINNING MILLS PRIVATE LIMITED | 0.17% |
| SHRI PAUL OSWAL, PARTNER, AMBER SYNDICATE | 0.13% |
| SHAKUN OSWAL, PARTNER, EASTERN TRADING COMPANY | 0.09% |
| SP Oswal Trust (Shri Paul Oswal, Trustee) | 0% |
| Mrs. Shakun Oswal Trust (Shri Paul Oswal, Trustee) | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| -2.60% |
| -3.90% |
| 32.38 |
| 1.86 |
| - |
| - |
| ARVIND | Arvind | 9.22 kCr | 9.04 kCr | +18.00% | +7.50% | 22.73 | 1.02 | - | - |
| BOMDYEING | Bombay Dyeing & Mfg. Co. | 2.34 kCr | 1.55 kCr | -1.50% | -14.50% | 125.82 | 1.51 | - | - |
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
| 3.8% |
| 2,366 |
| 2,280 |
| 2,192 |
| 2,348 |
| 2,272 |
| 2,305 |
| Profit Before exceptional items and Tax | -16.5% | 198 | 237 | 264 | 280 | 262 | 279 |
| Total profit before tax | -16.5% | 198 | 237 | 264 | 280 | 262 | 279 |
| Current tax | 4.4% | 48 | 46 | 54 | 52 | 68 | 63 |
| Deferred tax | -125.8% | -2.61 | 15 | 15 | 2.93 | -6.82 | 30 |
| Total tax | -26.7% | 45 | 61 | 68 | 55 | 61 | 93 |
| Total profit (loss) for period | -10.7% | 168 | 188 | 208 | 238 | 212 | 197 |
| Other comp. income net of taxes | 590.1% | 5.9 | 1.71 | -0.02 | 0.8 | 0.02 | 0 |
| Total Comprehensive Income | -8% | 174 | 189 | 208 | 239 | 212 | 197 |
| Earnings Per Share, Basic | -12.9% | 5.85 | 6.57 | 7.28 | 8.35 | 7.4 | 6.92 |
| Earnings Per Share, Diluted | -12.9% | 5.85 | 6.57 | 7.28 | 8.35 | 7.4 | 6.92 |
| Debt equity ratio | - | - | - | - | - | - | - |
| Debt service coverage ratio | - | - | - | - | - | - | - |
| Interest service coverage ratio | - | - | - | - | - | - | - |
| 5.7% |
| 868 |
| 821 |
| 750 |
| 714 |
| 550 |
| 551 |
| Finance costs | -24.8% | 77 | 102 | 102 | 100 | 111 | 133 |
| Depreciation and Amortization | -0.3% | 398 | 399 | 389 | 362 | 350 | 319 |
| Other expenses | 7.3% | 2,175 | 2,027 | 2,030 | 2,011 | 1,391 | 1,557 |
| Total Expenses | -0.4% | 8,805 | 8,841 | 9,047 | 7,586 | 5,510 | 5,894 |
| Profit Before exceptional items and Tax | 45.4% | 1,150 | 791 | 987 | 2,186 | 467 | 603 |
| Total profit before tax | 45.4% | 1,150 | 791 | 987 | 2,186 | 467 | 603 |
| Current tax | 36.4% | 241 | 177 | 225 | 521 | 103 | 130 |
| Deferred tax | 490.6% | 30 | 5.91 | 13 | -12.72 | 14 | -72.14 |
| Total tax | 48.4% | 271 | 183 | 238 | 508 | 117 | 58 |
| Total profit (loss) for period | 44.6% | 879 | 608 | 749 | 1,677 | 350 | 545 |
| Other comp. income net of taxes | -100.7% | 0.98 | 3.81 | 2.76 | 6.52 | 4.55 | -3.26 |
| Total Comprehensive Income | 44.1% | 880 | 611 | 752 | 1,684 | 355 | 542 |
| Earnings Per Share, Basic | 46.9% | 30.4 | 21.01 | 25.91 | 58.16 | 12.182 | 18.972 |
| Earnings Per Share, Diluted | 46.9% | 30.4 | 21.01 | 25.9 | 58 | 12.106 | 18.832 |
| Debt equity ratio | - | - | - | 02 | 026 | 035 | 039 |
| Debt service coverage ratio | - | - | - | 0.0246 | 0.0379 | 0.0209 | 0.0272 |
| Interest service coverage ratio | - | - | - | 0.123 | 0.2136 | 0.0833 | 0.0698 |
| 246.6% |
| 871 |
| 252 |
| 271 |
| 61 |
| 37 |
| 47 |
| Investment property | - | - | - | 8.17 | - | 8.5 | - |
| Non-current investments | -51.3% | 564 | 1,158 | 1,178 | 1,251 | 1,209 | 1,225 |
| Loans, non-current | -133.3% | 0.93 | 1.21 | 0.82 | 1.27 | 1.13 | 1.25 |
| Total non-current financial assets | -48.6% | 629 | 1,222 | 1,201 | 1,269 | 1,226 | 1,266 |
| Total non-current assets | 2.4% | 5,986 | 5,843 | 5,399 | 5,268 | 5,151 | 5,303 |
| Total assets | 6% | 12,615 | 11,900 | 11,175 | 11,487 | 10,986 | 10,861 |
| Borrowings, non-current | 63.6% | 1,225 | 749 | 335 | 413 | 904 | 931 |
| Total non-current financial liabilities | 63.6% | 1,226 | 750 | 336 | 414 | 908 | 935 |
| Provisions, non-current | 16.7% | 22 | 19 | 18 | 18 | 16 | 17 |
| Total non-current liabilities | 47.7% | 1,564 | 1,059 | 652 | 694 | 1,188 | 1,210 |
| Borrowings, current | -48.6% | 252 | 489 | 617 | 1,377 | 613 | 746 |
| Total current financial liabilities | -6.8% | 1,080 | 1,159 | 1,257 | 1,894 | 1,146 | 1,252 |
| Provisions, current | 13.8% | 5.05 | 4.56 | 5.94 | 3.31 | 6.51 | 3.29 |
| Current tax liabilities | 105.3% | 40 | 20 | 37 | 16 | 23 | 16 |
| Total current liabilities | -3.5% | 1,219 | 1,263 | 1,383 | 1,988 | 1,243 | 1,357 |
| Total liabilities | 19.9% | 2,783 | 2,322 | 2,034 | 2,682 | 2,431 | 2,567 |
| Equity share capital | 0% | 58 | 58 | 58 | 58 | 58 | 58 |
| Total equity | 2.7% | 9,832 | 9,578 | 9,140 | 8,805 | 8,555 | 8,294 |
| Total equity and liabilities | 6% | 12,615 | 11,900 | 11,175 | 11,487 | 10,986 | 10,861 |
| 13.6% |
| 235 |
| 207 |
| 255 |
| 508 |
| - |
| - |
| Net Cashflows From Operating Activities | 252.1% | 1,619 | -1,062.45 | 1,815 | 1,430 | - | - |
| Proceeds from sales of PPE | 639.4% | 64 | 9.52 | 6.5 | 11 | - | - |
| Purchase of property, plant and equipment | 267.1% | 1,029 | 281 | 614 | 516 | - | - |
| Proceeds from sales of investment property | -94.5% | 57 | 1,021 | 536 | 466 | - | - |
| Purchase of investment property | - | 39 | 0 | 1,246 | 1,043 | - | - |
| Dividends received | 108.3% | 51 | 25 | 12 | 176 | - | - |
| Interest received | -80.3% | 14 | 67 | 32 | 17 | - | - |
| Other inflows (outflows) of cash | -95.5% | 13 | 265 | -133.1 | 7.36 | - | - |
| Net Cashflows From Investing Activities | -178.8% | -870.03 | 1,107 | -1,405.56 | -882.66 | - | - |
| Proceeds from issuing shares | -284.6% | 0 | 0.74 | 3.03 | 13 | - | - |
| Proceeds from borrowings | -18.3% | 421 | 515 | 411 | 131 | - | - |
| Repayments of borrowings | 142.4% | 973 | 402 | 714 | 282 | - | - |
| Dividends paid | 15% | 116 | 101 | 0.4 | 296 | - | - |
| Interest paid | -37.8% | 62 | 99 | 96 | 86 | - | - |
| Net Cashflows from Financing Activities | -739.3% | -729.57 | -86.04 | -396.65 | -521.23 | - | - |
| Net change in cash and cash eq. | 142.2% | 19 | -41.66 | 13 | 26 | - | - |
Analysis of Vardhman Textiles Limted's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Textiles | 97.0% | 2.5 kCr |
| Acrylic Fibre | 3.0% | 76.3 Cr |
| Total | 2.5 kCr |