Vardhman Textiles Ltd.

NSE: VTL  SECTOR: Textile

1163.3
-32.85 (-2.75%)

Price Summary

Today's High

₹ 1193.9

Today's Low

₹ 1148

52 Week High

₹ 1333.2

52 Week Low

₹ 610

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

6704.2677418 Cr.

Enterprise Value

8749.1277418 Cr.

No. of Shares

5.763146 Cr.

P/E

24.96

P/B

1.16

Face Value

₹ 10

Div. Yield

0%

Book Value (TTM)

₹  1006.9485

CASH

151.71 Cr.

DEBT

2196.57 Cr.

Promoter Holding

63.27%

EPS (TTM)

₹  46.61

Sales Growth

-1.39416766179548%

ROE

10.0327011358955 %

ROCE

9.58973583410037 %

Profit Growth

8.62414330094939 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

Sales Growth (in Cr.)

1 Year-1.39%
3 Year3.59%
5 Year1.95%

Profit Growth (in Cr.)

1 Year-21.61%
3 Year-18.34%
5 Year8.72%

ROE%

1 Year10.03%
3 Year12.28%
5 Year16.58%

ROCE %

1 Year9.59%
3 Year12.48%
5 Year15.58%

Debt/Equity

0.3887

Price to Cash Flow

7.88

Interest Cover Ratio

5.54964539007092

CFO/PAT (5 Yr. Avg.)

0.987655594604741

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2021 63.27 0
Dec 2020 62.83 0
Sep 2020 62.24 0
Jun 2020 62.2 0
Mar 2020 62.2 0
* Figures given above are % of equity capital

 Strengths

  • Company has a healthy liquidity position with current ratio of 2.92478006152399.
  • The company has a good cash flow management; CFO/PAT stands at 0.987655594604741.
  • The company has a high promoter holding of 63.27%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 4.21477278741838.

 Limitations

  • The company has shown a poor profit growth of -18.3356948442968% for the Past 3 years.
  • The company has shown a poor revenue growth of 3.58779324715979% for the Past 3 years.
  • Tax rate is low at 9.53881361834796.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
Net Sales 1722.88 1491.17 771.17 1532.9 1666.88
Total Expenditure 1515.13 1281.65 775.15 1398.9 1415.93
Operating Profit 207.75 209.52 -3.98 134 250.95
Other Income 62.29 39.85 41.66 50.5 51.76
Interest 28.58 34.65 33.08 27.34 23.31
Depreciation 82.99 84.81 85.58 87.83 88.12
Exceptional Items 0 0 0 0 0
Profit Before Tax 158.47 129.91 -80.98 69.33 191.28
Tax -30.39 -3.15 -22.58 19.76 46.89
Profit After Tax 188.86 133.06 -58.4 49.57 144.39
Adjusted EPS (Rs) 3.28 2.31 -1.02 0.86 2.51

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Net Sales 5613.42 5690.43 5851.27 6414.58 6325.15
Total Expenditure 4505.2 4559.36 4992.71 5283.06 5442.37
Operating Profit 1108.21 1131.07 858.56 1131.52 882.78
Other Income 296.21 628.36 185.06 218.2 171.98
Interest 141.94 125.13 114.32 117.84 132.54
Depreciation 363.1 329.49 228.55 241.48 319.21
Exceptional Items 0 0 0 0 0
Profit Before Tax 899.38 1304.81 700.75 990.4 603.01
Tax 222.99 303.22 154.99 294.52 57.52
Net Profit 676.4 1001.59 545.76 695.88 545.49
Adjusted EPS (Rs.) 109 179.08 95.03 121.06 94.83

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 62.05 55.93 57.43 57.48 57.52
Total Reserves 3627.87 3929.92 4574.53 5181.62 5608.69
Borrowings 1022.24 719.35 1195.55 1071.35 1266.14
Other N/C liabilities 232.83 268.81 265.47 333.21 263.22
Current liabilities 2040.34 1984.52 1602.98 1725.46 1531.11
Total Liabilities 6985.33 6958.53 7695.96 8369.12 8726.68
Assets
Net Block 2500.12 2458.15 2506.77 3058.84 3481.12
Capital WIP 84.83 48.54 105.08 273.63 139.42
Investments 1069.84 972.19 787.96 749.57 558.2
Loans & Advances 77.15 58.86 57.7 78.03 63.66
Other N/C Assets 12.53 9.53 37.12 16.67 6.12
Current Assets 3240.87 3411.26 4201.33 4192.38 4478.16
Total Assets 6985.33 6958.53 7695.96 8369.12 8726.68
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Profit Before Tax 899.38 1304.81 700.75 990.4 603.01
Adjustment 234.87 -122.95 196.84 195.46 308.03
Working Capital Changes -33.31 411.68 -614.61 -502.52 40.98
Tax Paid -232.34 -304.62 -192.93 -236.69 -100.84
Operating Cash Flow 868.6 1288.92 90.05 446.65 851.18
Investing Cash Flow -479.66 -251.8 -160.14 -226.93 -461.95
Financing Cash Flow -287.72 -1212.59 97.07 -247.49 -278.18
Net Cash Flow 101.22 -175.47 26.98 -27.77 111.05

Corporate Actions

Ratings & Research Reports

Company Presentations

Company News

Vardhman Textiles Stock Price Analysis and Quick Research Report. Is Vardhman Textiles an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Vardhman Textiles has a PE ratio of 24.9581634842309 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Vardhman Textiles has ROA of 6.38156740251992 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Vardhman Textiles has a Current ratio of 2.92478006152399 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Vardhman Textiles has a ROE of 10.0327011358955 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Vardhman Textiles has a D/E ratio of 0.3887 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Vardhman Textiles has an Inventory turnover ratio of 2.5564993159253 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Vardhman Textiles has reported revenue growth of -1.39416766179548 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Vardhman Textiles for the current financial year is 13.9566650593267 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Vardhman Textiles is Rs 0 and the yield is 0 %.

Brief about Vardhman Textiles

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