Vedant Fashions Ltd Analyst Rating
based on 9 analysts
77.78%
Buy
11.11%
Hold
11.11%
Sell
Based on 9 analysts offering long term price targets for Vedant Fashions Ltd. An average target of ₹1419.78
Source: S&P Global Market Intelligence
Vedant Fashions Ltd Share analysis
Vedant Fashions Ltd price forecast by 9 analysts
Upside of2.25%
High
₹1600
Target
₹1419.78
Low
₹1010
Vedant Fashions Ltd target price ₹1419.78, a slight upside of 2.25% compared to current price of ₹1388.55. According to 9 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Vedant Fashions Ltd revenue growth forecast
Expected growth rate Q1, FY2026:27.75%
Forecast
Actual
Including amortisation and stock based compensations
Vedant Fashions Ltd EPS growth forecast
EPS estimate Q1, FY2026:29.68%
Forecast
Actual
Source: S&P Global Market Intelligence
Vedant Fashions Ltd Performance
Day's Low
Day's High
₹1,350₹1,419.9552 Week's Low
52 Week's High
₹886.05₹1,487.9
| Returns % | |
| 1 Month Return | + 7.65 % |
| 3 Month Return | + 18.25 % |
| 1 Year Return | + 6.42 % |
| Market Stats | |
| Previous Close | ₹1,368.80 |
| Open | ₹1,377.00 |
| Volume | 1.12L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹33,249.88Cr |
Vedant Fashions Ltd Key Statistics
| P/E Ratio | 83.7 |
| PEG Ratio | 760.89 |
| Market Cap | ₹33,249.88 Cr |
| P/B Ratio | 14.12 |
| EPS | 17.05 |
| Dividend Yield | 0.92 |
| Sector | Readymade Garments/ Apparells |
| ROE | 27.71 |
Vedant Fashions Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹33,249.88 Cr | 9.75% | 0.64 | ₹414 Cr | ₹1,367 Cr | |
| HOLD | ₹30,464.12 Cr | 6.77% | 0.82 | -₹736 Cr | ₹13,995 Cr | |
| HOLD | ₹49,559.19 Cr | 20.87% | 0.55 | NA | NA | |
| BUY | ₹31,940.81 Cr | 118.67% | 0.54 | ₹805 Cr | ₹6,059 Cr | |
| BUY | ₹15,930.31 Cr | 77.34% | 0.66 | ₹349 Cr | ₹6,808 Cr |
About Vedant Fashions Ltd
Vedant Fashions Ltd operates in multiple lines of business, including manufacturing and retailing of apparel, footwear and accessories. The company's top products include sarees, suits, lehengas, kurtas, tunics, and more. It also carries a wide variety of popular brands, including Biba, W, AND, and many others.
Share Price: ₹1388.55 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹33,249.88Cr as of today
Revenue: ₹267.95Cr as on September 2024 (Q3 24)
Net Profit: ₹66.90Cr as on September 2024 (Q3 24)
Listing date: 16 Feb, 2022
Chairperson Name: RAVI MODI
| Organisation | Vedant Fashions Ltd |
| Headquarters | Kolkata |
| Industry | Readymade Garments/ Apparells |
| E-voting on shares | Click here to vote |
Key events for Vedant Fashions Ltd
Vedant Fashions Reports Strong Quarterly Growth - 04 Nov, 2024
Vedant Fashions reported a 23% YoY revenue increase and a 37% rise in PAT, driven by strong same-store sales growth. The company maintains a Neutral rating with a target price of INR 1,500, anticipating continued demand revival in the festive season.
Vedant Fashions Reports Strong Q2 Growth - 30 Oct, 2024
Vedant Fashions reported standalone net sales of Rs 267.54 crore for September 2024, a 22.8% increase year-on-year. Net profit rose 35.55% to Rs 66.40 crore, with EBITDA up 30.7%. The EPS increased to Rs 2.73. Shares closed at Rs 1,357.70, yielding 42.98% returns over six months.
Vedant Fashions Reports Strong Q2 FY25 Earnings - 29 Oct, 2024
Vedant Fashions' Q2 FY25 results show a 37% YoY increase in net profit to Rs 66.90 crore and revenue growth of 22.73% to Rs 267.94 crore. The stock surged following these robust results.
Insights on Vedant Fashions Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 261.28 Cr → 287.19 Cr (in ₹), with an average increase of 9.0% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 9.04% to 9.73% in Sep 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 62.49 Cr → 66.9 Cr (in ₹), with an average increase of 6.6% per quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, MANYAVAR stock has moved up by 5.3%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 9.04% to 9.53% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Kalyan Jewellers India Ltd has given 114.8% return, outperforming this stock by 108.4%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 74.97% to 74.96% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 4.10% to 3.94% in Sep 2024 quarter
Vedant Fashions Ltd Financials
Index Inclusions
Vedant Fashions Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 74.96% | ||
| Foreign Institutions | 9.53% | 5.36 | |
| Mutual Funds | 9.73% | 7.57 | |
| Retail Investors | 3.94% | ||
| Others | 1.85% |
Vedant Fashions Ltd Key Indicators
Vedant Fashions Ltd Valuation
Vedant Fashions Ltd in the last 5 years
Lowest (52.89x)
April 18, 2024
Industry (69.31x)
November 22, 2024
Today (83.70x)
November 22, 2024
Highest (95.09x)
September 14, 2022
Vedant Fashions Ltd Earnings and Dividends
Vedant Fashions Ltd Earnings Results
Vedant Fashions Ltd’s net profit jumped 37.32% since last year same period to ₹66.90Cr in the Q2 2024-2025. On a quarterly growth basis, Vedant Fashions Ltd has generated 7.06% jump in its net profits since last 3-months.
Read More about Earnings ResultsVedant Fashions Ltd Dividends April,2024
In the quarter ending March 2024, Vedant Fashions Ltd has declared dividend of ₹8.50 - translating a dividend yield of 0.61%.
Read More about Dividends
Vedant Fashions Ltd Technicals Summary
Bearish
Neutral
Bullish
Vedant Fashions Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Vedant Fashions Ltd
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Vedant Fashions Ltd (MANYAVAR) share price today is ₹1388.55
Vedant Fashions Ltd is listed on NSE
Vedant Fashions Ltd is listed on BSE
- Today’s highest price of Vedant Fashions Ltd is ₹1419.95.
- Today’s lowest price of Vedant Fashions Ltd is ₹1350.
PE Ratio of Vedant Fashions Ltd is 83.7
PE ratio = Vedant Fashions Ltd Market price per share / Vedant Fashions Ltd Earnings per share
Today’s traded volume of Vedant Fashions Ltd(MANYAVAR) is 1.12L.
Today’s market capitalisation of Vedant Fashions Ltd(MANYAVAR) is ₹33249.88Cr.
| Vedant Fashions Ltd(MANYAVAR | Price |
|---|---|
52 Week High | ₹1487.9 |
52 Week Low | ₹886.05 |
Vedant Fashions Ltd(MANYAVAR) share price is ₹1388.55. It is down -6.68% from its 52 Week High price of ₹1487.9
Vedant Fashions Ltd(MANYAVAR) share price is ₹1388.55. It is up 56.71% from its 52 Week Low price of ₹886.05
| Vedant Fashions Ltd(MANYAVAR | Returns |
|---|---|
1 Day Returns | 19.75% |
1 Month Returns | 7.65% |
3 Month Returns | 18.25% |
1 Year Returns | 6.42% |