Vedant Fashions 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. An average target of ₹1417.56
Source: S&P Global Market Intelligence
Vedant Fashions Share analysis
Vedant Fashions price forecast by 9 analysts
Upside of32.62%
High
₹1600
Target
₹1417.56
Low
₹1010
Vedant Fashions target price ₹1417.56, a slight upside of 32.62% compared to current price of ₹1110.05. According to 9 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Vedant Fashions revenue growth forecast
Expected growth rate Q1, FY2027:49.52%
Forecast
Actual
Including amortisation and stock based compensations
Vedant Fashions EPS growth forecast
EPS estimate Q1, FY2027:56.36%
Forecast
Actual
Source: S&P Global Market Intelligence
Vedant Fashions Performance
Day's Low
Day's High
₹1,063Day's Price Range₹1,132.5552 Week's Low
52 Week's High
₹886.0552-Week Price Range₹1,512
| Returns % | |
| 1 Month Return | -14.19 % |
| 3 Month Return | -21.27 % |
| 1 Year Return | -3.35 % |
| Market Stats | |
| Previous Close | ₹1,068.85 |
| Open | ₹1,074.50 |
| Volume | 3.69L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹25,964.76Cr |
Vedant Fashions Key Statistics
| P/E Ratio | 64.43 |
| PEG Ratio | 585.7 |
| Market Cap | ₹25,964.76 Cr |
| P/B Ratio | 14.12 |
| EPS | 17.05 |
| Dividend Yield | 0.92 |
| Sector | Readymade Garments/ Apparells |
| ROE | 27.71 |
Vedant Fashions Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹25,964.76 Cr | 2.9% | 0.64 | ₹414 Cr | ₹1,367 Cr | |
| ₹30,232.63 Cr | 3.59% | 0.82 | -₹736 Cr | ₹13,995 Cr | ||
| HOLD | ₹49,839.47 Cr | 15.69% | 0.55 | NA | NA | |
| BUY | ₹30,195.85 Cr | 107% | 0.54 | ₹805 Cr | ₹6,059 Cr | |
| BUY | ₹14,737.83 Cr | 62.63% | 0.66 | ₹349 Cr | ₹6,808 Cr |
About Vedant Fashions
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: ₹1110.05 per share as on 29 Jan, 2025 04:01 PM
Market Capitalisation: ₹25,964.76Cr 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 |
| Headquarters | Kolkata |
| Industry | Readymade Garments/ Apparells |
| E-voting on shares | Click here to vote |
Key events for Vedant Fashions Ltd
ICICI Securities Recommends Buy on Vedant Fashions - 27 Dec, 2024
ICICI Securities has a buy call on Vedant Fashions with a target price of Rs 1,600, indicating an 18% potential upside. The company reported strong quarterly growth, with total income rising 9.91% quarter-on-quarter and 23.04% year-on-year. Vedant Fashions aims to diversify its offerings and reduce seasonality through new brands and initiatives, while maintaining strong margins due to negligible slow-moving inventory.Vedant Fashions Stock Declines Amid GST Concerns - 03 Dec, 2024
Vedant Fashions' stock fell 2.7% to ₹1,395.35 due to worries over a potential GST hike on ready-made garments and luxury items. The decline follows discussions by the GST Council's Group of Ministers regarding tax revisions, which could impact pricing strategies and profit margins for the company.Vedant Fashions Hits 52-Week High Amid Growth - 02 Dec, 2024
Vedant Fashions Ltd shares rose 5.4% to a 52-week high of ₹1,512, driven by the wedding season. The company recently won an ITAT appeal regarding a tax disallowance and opened its largest store in Andhra Pradesh.Vedant Fashions Wins Tax Appeal, Stock Performance Positive - 30 Nov, 2024
Vedant Fashions successfully appealed against a ₹65 lakh disallowance by the ITAT, while the stock has shown a 6% return in 2024 so far.
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 IMPACTProfit 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
Retail Holding Up
Retail Investor have increased holdings from 3.94% to 4.13% in Dec 2024 quarter
- POSITIVE IMPACT
Revenue 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
FII Holding Up
Foreign Institutions have increased holdings from 9.53% to 10.55% in Dec 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 74.96% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Kalyan Jewellers India Ltd has given 23.4% return, outperforming this stock by 26.8%
NEGATIVE IMPACTPrice Dip
In the last 3 months, MANYAVAR stock has moved down by -21.3%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 9.73% to 8.61% in Dec 2024 quarter
Vedant Fashions Financials
Index Inclusions
Vedant Fashions Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 74.96% | ||
| Foreign Institutions | 10.55% | 10.69 | |
| Mutual Funds | 8.61% | ||
| Retail Investors | 4.13% | 4.74 | |
| Others | 1.76% |
Vedant Fashions Key Indicators
Vedant Fashions Valuation
Vedant Fashions in the last 5 years
Lowest (52.89x)
April 18, 2024
Today (64.43x)
January 28, 2025
Industry (65.01x)
January 28, 2025
Highest (95.09x)
September 14, 2022
Vedant Fashions 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 0.80%.
Read More about Dividends
Vedant Fashions Technicals Summary
Bearish
Neutral
Bullish
Vedant Fashions Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Vedant Fashions Ltd
What is Vedant Fashions Ltd price today?
Vedant Fashions Ltd share price today stands at ₹1110.05, Open: ₹1074.5, Previous Close: ₹1068.85, High: ₹1132.55, Low: ₹1063, 52 Week High: ₹1512, 52 Week Low: ₹886.05.
How to Buy Vedant Fashions Ltd Share in India?
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Is Vedant Fashions Ltd listed on NSE?
Vedant Fashions Ltd is listed on NSE
Is Vedant Fashions Ltd listed on BSE?
Vedant Fashions Ltd is listed on BSE
What are today's High and Low prices of Vedant Fashions Ltd?
- Today's highest price of Vedant Fashions Ltd is ₹1132.55.
- Today's lowest price of Vedant Fashions Ltd is ₹1063.
What are today's traded volumes of Vedant Fashions Ltd?
Today's traded volume of Vedant Fashions Ltd(MANYAVAR) is 3.69L.
What is today's market capitalisation of Vedant Fashions Ltd?
Today's market capitalisation of Vedant Fashions Ltd(MANYAVAR) is ₹25964.76Cr.
What is the 52 Week High and Low Range of Vedant Fashions Ltd?
How much percentage Vedant Fashions Ltd is down from its 52 Week High?
Vedant Fashions Ltd (MANYAVAR) share price is ₹1110.05. It is down -26.58% from its 52 Week High price of ₹1512
How much percentage Vedant Fashions Ltd is up from its 52 Week low?
Vedant Fashions Ltd (MANYAVAR) share price is ₹1110.05. It is up 25.28% from its 52 Week Low price of ₹886.05
What are the historical returns of Vedant Fashions Ltd?
What is the PE ratio of Vedant Fashions Ltd today?
PE Ratio of Vedant Fashions Ltd is 64.43
PE ratio = Vedant Fashions Ltd Market price per share / Vedant Fashions Ltd Earnings per share