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Vardhman Textiles Ltd share price logo

Vardhman Textiles Ltd

(VTL)

₹438.252.24%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Vardhman Textiles Ltd Analyst Rating

based on 4 analysts

BUY

75.00%

Buy

0.00%

Hold

25.00%

Sell

Based on 4 analysts offering long term price targets for Vardhman Textiles Ltd. An average target of ₹537.75

Source: S&P Global Market Intelligence

Vardhman Textiles Ltd Share analysis

Vardhman Textiles Ltd price forecast by 4 analysts

Upside of19.95%

High

₹595

Target

₹537.75

Low

₹476

Vardhman Textiles Ltd target price ₹537.75, a slight upside of 19.95% compared to current price of ₹438.25. According to 4 analysts rating.

Source: S&P Global Market Intelligence

Vardhman Textiles Ltd Performance

  • Day's Low

    Day's High

    ₹437.35
    ₹447.6
  • 52 Week's Low

    52 Week's High

    ₹374.9
    ₹592
1 Month Return-1.95 %
3 Month Return-7.32 %
1 Year Return+ 16.68 %
Previous Close₹448.30
Open₹443.55
Volume96.93K
Upper Circuit-
Lower Circuit-
Market Cap₹12,963.71Cr

Vardhman Textiles Ltd Key Statistics

P/E Ratio16.02
PEG Ratio1.73
Market Cap₹12,963.71 Cr
P/B Ratio1.46
EPS22.38
Dividend Yield0.9
SectorTextiles
ROE7.11

Vardhman Textiles Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹12,963.71 Cr30.76%0.59₹636 Cr₹9,504 Cr
BUY₹14,446.90 Cr35.11%0.70₹672 Cr₹9,679 Cr
BUY₹5,314.12 Cr6.93%0.55₹125 Cr₹2,324 Cr
HOLD₹11,271.85 Cr21.51%0.50₹69 Cr₹2,391 Cr
SELL₹3,697.20 Cr-3.29%0.74NANA

About Vardhman Textiles Ltd

Vardhman Textiles Ltd is a leading textile manufacturing company in India, incorporated in 1965. Vardhman is a fully integrated textile manufacturer with operations in spinning, weaving, knitting, processing, and garmenting. The company offers a wide range of products such as cotton, polyester, blended, and specialty fabrics, as well as yarns and home textiles. Its popular brands include Vardhman, Super, and VTM.

Vardhman is one of the largest producers of cotton yarn in India. The company offers a wide range of cotton yarns, from carded to combed, from single to double, from dyed to grey. It also produces a variety of specialty yarns such as slub, core spun, and airjet yarns. Vardhman also produces a wide range of fabrics, including denim, shirting, suiting, and knits. The company is also one of the largest producers of home textiles, offering bed sheets, pillow covers, curtains, and other home furnishing products.

Share Price: ₹438.25 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹12,963.71Cr as of today
Revenue: ₹2,502.42Cr as on September 2024 (Q3 24)
Net Profit: ₹197.30Cr as on September 2024 (Q3 24)
Listing date: 19 Jan, 1995
Chairperson Name: Shri Paul Oswal
OrganisationVardhman Textiles Ltd
HeadquartersLudhiana
IndustryTextiles
E-voting on sharesClick here to vote

Key events for Vardhman Textiles Ltd

  • Vardhman Textiles Shares Surge on Strong Q2 Results - 30 Oct, 2024

    Vardhman Textiles reported strong Q2 FY25 results, with revenue up 4.4% YoY and net profit soaring 45%. Shares rose 8.04% following the announcement.

  • Vardhman Textiles Shows Positive Uptrend Potential - 17 Oct, 2024

    Vardhman Textiles Ltd (VTL) is in an uptrend after testing a low of 442. The stock has closed above key moving averages, with momentum indicators suggesting further upward movement. A target of Rs. 530 is set, with a stop-loss at Rs. 458.

Insights on Vardhman Textiles Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 2.38K Cr → 2.59K Cr (in ₹), with an average increase of 8.0% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 15.11% to 15.20% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 13.04% to 13.19% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, VTL stock has moved up by 18.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 64.19% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Swan Energy Ltd has given 27.5% return, outperforming this stock by 10.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Swan Energy Ltd has given 347.6% return, outperforming this stock by 328.8%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 238.5 Cr → 196.85 Cr (in ₹), with an average decrease of 17.5% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 6.12% to 6.03% in Sep 2024 quarter

Vardhman Textiles Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹2,397.46Cr (-)₹2,329.51Cr (↓2.83%)₹2,459.41Cr (↑5.58%)₹2,308.59Cr (↓6.13%)₹2,502.42Cr (↑8.40%)
Net Income₹136.11Cr (-)₹161.86Cr (↑18.92%)₹202.13Cr (↑24.88%)₹239.77Cr (↑18.62%)₹197.30Cr (↓17.71%)
Net Profit Margin5.68% (-)6.95% (↑22.36%)8.22% (↑18.27%)10.39% (↑26.40%)7.88% (↓24.16%)
Value in ₹ crore
Details2021202220232024
Total Assets₹9,077.23Cr (-)₹10,607.54Cr (↑16.86%)₹10,875.70Cr (↑2.53%)₹11,507.47Cr (↑5.81%)
Total Liabilities₹2,938.68Cr (-)₹3,068.42Cr (↑4.41%)₹2,581.71Cr (↓15.86%)₹2,702.52Cr (↑4.68%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹851.17Cr (-)₹115.40Cr (↓86.44%)₹1,429.90Cr (↑1,139.08%)₹1,814.81Cr (↑26.92%)-₹1,062.45Cr (↓158.54%)

Index Inclusions

S&P BSE 250 SmallCap

₹6,734.99

-0.72 (-48.51%)

Nifty MidSmallcap 400

₹18,989.75

-0.45 (-86.25%)

Nifty 500

₹21,820.85

-0.83 (-183.5%)

BSE Small-Cap

₹52,141.15

-0.67 (-349.79%)

S&P BSE 400 MidSmallCap

₹11,623.42

-0.49 (-57.13%)

Nifty Smallcap 250

₹16,747.85

-0.58 (-97.4%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE 500

₹34,361.41

-0.84 (-289.42%)

Vardhman Textiles Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
64.19%
0.00
Foreign Institutions
6.03%
-1.49
Mutual Funds
15.2%
0.56
Retail Investors
13.19%
1.16
Others
1.4%
-9.42

Vardhman Textiles Ltd Key Indicators

Details20202021202220232024
Return On Equity %106.2124.539.467.11
Details20202021202220232024
Return On Assets %6.614.5614.587.315.49
Details20202021202220232024
Book Value Per Share (₹)214.01228.52271.02301.05319.86
Details20202021202220232024
Earning Per Share (₹)20.9115.154.5828.2922.38

Vardhman Textiles Ltd Valuation

Vardhman Textiles Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.34x)

March 30, 2020

Today (16.02x)

November 19, 2024

Industry (73.91x)

November 19, 2024

Highest (54.10x)

January 20, 2022

LowHigh

Vardhman Textiles Ltd Earnings and Dividends

  • Vardhman Textiles Ltd Earnings Results

    Vardhman Textiles Ltd’s net profit jumped 46.57% since last year same period to ₹196.85Cr in the Q2 2024-2025. On a quarterly growth basis, Vardhman Textiles Ltd has generated -17.46% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Vardhman Textiles Ltd Dividends May,2024

    In the quarter ending March 2024, Vardhman Textiles Ltd has declared dividend of ₹4 - translating a dividend yield of 0.91%.

    Read More about Dividends

Vardhman Textiles Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Vardhman Textiles Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Vardhman Textiles Ltd

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Vardhman Textiles Ltd (VTL) share price today is ₹438.25

Vardhman Textiles Ltd is listed on NSE

Vardhman Textiles Ltd is listed on BSE

  • Today’s highest price of Vardhman Textiles Ltd is ₹447.6.
  • Today’s lowest price of Vardhman Textiles Ltd is ₹437.35.

PE Ratio of Vardhman Textiles Ltd is 16.02

PE ratio = Vardhman Textiles Ltd Market price per share / Vardhman Textiles Ltd Earnings per share

Today’s traded volume of Vardhman Textiles Ltd(VTL) is 96.93K.

Today’s market capitalisation of Vardhman Textiles Ltd(VTL) is ₹12963.71Cr.

Vardhman Textiles Ltd(VTLPrice
52 Week High
₹592
52 Week Low
₹374.9

Vardhman Textiles Ltd(VTL) share price is ₹438.25. It is down -25.97% from its 52 Week High price of ₹592

Vardhman Textiles Ltd(VTL) share price is ₹438.25. It is up 16.90% from its 52 Week Low price of ₹374.9

Vardhman Textiles Ltd(VTLReturns
1 Day Returns
-10.05%
1 Month Returns
-1.95%
3 Month Returns
-7.32%
1 Year Returns
16.68%