Vardhman Textiles Ltd.

NSE: VTL BSE: 502986 SECTOR: Textile  40k   191   28

277.20
+18.80 (7.28%)
NSE: 24 Jun 03:56 PM

Price Summary

Today's High

₹ 281.4

Today's Low

₹ 262

52 Week High

₹ 576

52 Week Low

₹ 245.5

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

8009.52 Cr.

Enterprise Value

10073.74 Cr.

No. of Shares

28.89 Cr.

P/E

4.77

P/B

1.06

Face Value

₹ 2

Div. Yield

12.27 %

Book Value (TTM)

₹  260.92

CASH

66.44 Cr.

DEBT

2130.66 Cr.

Promoter Holding

62.93 %

EPS (TTM)

₹  58.05

Sales Growth

-8.5%

ROE

6.01 %

ROCE

7.22%

Profit Growth

-35.76 %

* 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 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-8.5%
3 Year-0.36%
5 Year0.61%

Profit Growth

1 Year-35.76%
3 Year-13.73%
5 Year-12.33%

ROE%

1 Year6.01%
3 Year10.06%
5 Year13.79%

ROCE %

1 Year7.22%
3 Year10.74%
5 Year13.52%

Debt/Equity

0.3543

Price to Cash Flow

141.64

Interest Cover Ratio

5.19240778964372

CFO/PAT (5 Yr. Avg.)

0.870731699547327

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2022 62.93 0
Dec 2021 63.15 0
Sep 2021 63.17 0
Jun 2021 63.21 0
Mar 2021 63.27 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has a healthy liquidity position with current ratio of 3.50192228425825.
  • The company has a high promoter holding of 62.93%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 10.1228196637512.

 Limitations

  • The company has shown a poor profit growth of -13.7303048921267% for the Past 3 years.
  • The company has shown a poor revenue growth of -0.363807362050206% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
Net Sales 1865.18 1873.98 2306.65 2453.91 2641.97
Total Expenditure 1497.22 1419.91 1657.63 1863.09 2135.34
Operating Profit 367.96 454.07 649.02 590.82 506.63
Other Income 44.99 42.68 64.46 230.32 48.11
Interest 28.02 25.56 23.37 21.48 28.84
Depreciation 90.51 87.81 88.04 88.76 90.85
Exceptional Items 0 0 0 0 0
Profit Before Tax 294.42 383.38 602.07 710.9 435.05
Tax 70.3 93.59 148.27 140.95 112.37
Profit After Tax 224.12 289.79 453.8 569.95 322.68
Adjusted EPS (Rs) 7.79 10.06 15.74 19.76 11.17

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

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 5690.43 5851.27 6414.58 6325.15 5787.64
Total Expenditure 4559.36 4992.71 5283.06 5442.37 5048.39
Operating Profit 1131.07 858.56 1131.52 882.78 739.25
Other Income 628.36 185.06 218.2 171.98 189.47
Interest 125.13 114.32 117.84 132.54 111.43
Depreciation 329.49 228.55 241.48 319.21 350.13
Exceptional Items 0 0 0 0 0
Profit Before Tax 1304.81 700.75 990.4 603.01 467.16
Tax 303.22 154.99 294.52 57.52 116.75
Net Profit 1001.59 545.76 695.88 545.49 350.41
Adjusted EPS (Rs.) 35.82 19.01 24.21 18.97 12.18

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 55.93 57.43 57.48 57.52 57.56
Total Reserves 3929.92 4574.53 5181.62 5608.69 5974.95
Borrowings 719.35 1195.55 1071.35 1266.14 1296.6
Other N/C liabilities 268.81 265.47 333.21 263.22 275.29
Current liabilities 1984.52 1602.98 1725.46 1531.11 1334.35
Total Liabilities 6958.53 7695.96 8369.12 8726.68 8938.75
Assets
Net Block 2458.15 2506.77 3058.84 3481.12 3399.72
Capital WIP 48.54 105.08 273.63 139.42 73.92
Intangible WIP 0 0 0 0 0
Investments 972.19 787.96 749.57 558.2 552.43
Loans & Advances 58.86 57.7 78.03 63.66 64.32
Other N/C Assets 9.53 37.12 16.67 6.12 175.57
Current Assets 3411.26 4201.33 4192.38 4478.16 4672.79
Total Assets 6958.53 7695.96 8369.12 8726.68 8938.75
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations 1304.81 700.75 990.4 603.01 467.16
Adjustment -122.95 196.84 195.46 308.03 331.61
Changes in Assets & Liabilities 411.68 -614.61 -502.52 40.97 -715.14
Tax Paid -304.62 -192.93 -236.69 -100.84 -27.08
Operating Cash Flow 1288.92 90.05 446.65 851.17 56.55
Investing Cash Flow -251.8 -160.14 -226.93 -461.95 -24.52
Financing Cash Flow -1212.59 97.07 -247.49 -278.19 -149.32
Net Cash Flow -175.47 26.98 -27.77 111.03 -117.29

Corporate Actions

Investors Details

PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Promoters 63.27 63.21 63.17 63.15 62.93
vardhman holdings ... 26.64 26.64 26.63 - -
vardhman holding l... - - - 25.02 -
adishwar enterpris... 17.95 17.95 17.95 19.87 -
devakar investment... 10.82 10.83 10.83 - -
devakar investment... - - - 10.79 -
devakar investment... - - - - -
vtl investments li... 1.75 1.75 1.75 - -
vtl investment lim... - - - 1.75 -
shri paul oswal - 1.04 1.04 - -
s.p. oswal 1.04 - - 1.04 -
flamingo finance &... 0.93 0.93 0.93 0.93 -
santon finance & i... 0.79 0.79 0.79 0.80 -
ramaniya finance &... 0.74 0.74 0.74 0.74 -
suchita jain 0.43 0.43 0.43 0.43 -
shakun oswal 0.24 0.24 0.24 0.24 -
shri paul oswal, p... 0.20 0.20 0.20 0.13 -
shri paul oswal, p... - - - - -
shri paul oswal, p... 0.20 0.20 0.20 0.14 -
mahavir spinning m... 0.17 0.17 0.17 0.17 -
shri paul oswal, p... 0.14 0.14 0.14 0.14 -
shri paul oswal, p... - - - - -
shakun oswal, part... 0.09 0.09 0.09 0.09 -
shakun oswal, part... - - - - -
shakun oswal, part... 0.09 0.09 0.09 0.09 -
sagrika jain 0.01 0.01 0.01 0.01 -
soumya jain 0.01 0.01 0.01 0.01 -
PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Investors 36.73 36.79 36.83 36.85 37.07
hdfc trustee compa... - - - - -
hdfc trustee compa... 4.61 5.07 5.31 - -
hdfc trustee compa... - - - 2.59 1.98
dsp tax saver fund 3.92 3.88 3.23 - -
franklin templeton... 3.34 3.38 3.67 - -
dsp blackrock tax ... - - - 3.13 3.13
franklin templeton... - - - 3.04 3.35
templetion india i... - - - 3.35 3.34
templeton india eq... 3.29 3.26 3.26 - -
reliance emergent ... 3.14 3.30 - - -
reliance capital t... - - 3.25 - -
reliance emergent ... - - - 2.73 2.62
idfc sterling valu... 1.74 1.79 1.82 - -
uti-dividend yeild... - - - 1.13 1.30
uti-dividend yield... 1.69 1.35 1.54 - -
idfc streling valu... - - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Vardhman Textiles informs about transcript of conference call30 May 2022, 12:11PM Vardhman Textiles - Quaterly Results21 May 2022, 1:13PM Vardhman Textiles - Quaterly Results21 May 2022, 1:13PM Vardhman Textiles - Quaterly Results21 May 2022, 1:13PM Vardhman Textiles informs about newspaper publication16 Mar 2022, 12:43PM Vardhman Textiles informs about loss of share certificates29 Jan 2022, 3:44PM Vardhman Textiles informs about loss of share certificates29 Jan 2022, 10:21AM Vardhman Textiles gets nod to enhance existing Spinning capacity24 Jan 2022, 10:59AM Vardhman Textiles - Quaterly Results22 Jan 2022, 1:33PM Vardhman Textiles - Quaterly Results22 Jan 2022, 1:33PM Vardhman Textiles informs about board meeting5 Jan 2022, 1:23PM Vardhman Textiles informs about details of loss of share certificate 24 Dec 2021, 12:28PM Vardhman Textiles informs about newspaper publication 28 Oct 2021, 1:10PM Vardhman Textiles informs about updates27 Oct 2021, 4:53PM Vardhman Textiles reports multi fold rise in Q2 consolidated net profit27 Oct 2021, 3:56PM Vardhman Textiles informs about loss of share certificates31 Aug 2021, 10:35AM Vardhman Textiles informs about earnings call transcript15 Jun 2021, 1:54PM Vardhman Textiles reports 11% rise in yarn production in Q4FY2126 May 2021, 10:16AM Vardhman Textiles reports 3% rise in yarn production in Q3FY2122 Jan 2021, 9:37AM Vardhman Textiles informs about demise of non-executive director11 Sep 2020, 3:34PM Vardhman Textiles raises Rs 195 crore through NCDs1 Jun 2020, 3:36PM Vardhman Textiles informs about scheme of amalgamation28 May 2020, 12:43PM Vardhman Textiles informs about company updates22 Apr 2020, 3:42PM Vardhman Textiles submitts clarification on price movements6 Apr 2020, 2:49PM

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 4.77484833138688 which is low and comparatively undervalued .

  • 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 3.96718336321278 % 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 3.50192228425825 .

  • 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 6.00737184981999 % .(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 0.3543 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 2.25623153151046 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 -8.49798028505253 % 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 12.7729091650483 %.

  • 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 17.5 and the yield is 12.2722 %.

Brief about Vardhman Textiles

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