Vardhman Textiles Ltd.

NSE: VTL BSE: 502986 SECTOR: Textile  61k   283   36

287.80
+11.20 (4.05%)
NSE: 29 Mar 4:00 PM

Price Summary

Today's High

₹ 292.05

Today's Low

₹ 274.3

52 Week High

₹ 473.9

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.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

8321.08 Cr.

Enterprise Value

10185.44 Cr.

No. of Shares

28.91 Cr.

P/E

9.03

P/B

1.02

Face Value

₹ 2

Div. Yield

2.37 %

Book Value (TTM)

₹  281.55

CASH

115.95 Cr.

DEBT

1980.31 Cr.

Promoter Holding

63.86 %

EPS (TTM)

₹  31.87

Sales Growth

58.38%

ROE

24.57 %

ROCE

25.69%

Profit Growth

357.39 %

* 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

View Full Peer Comparison
* 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 Year58.38%
3 Year13.53%
5 Year10.53%

Profit Growth

1 Year357.39%
3 Year34.08%
5 Year10.86%

ROE%

1 Year24.57%
3 Year13.61%
5 Year13.53%

ROCE %

1 Year25.69%
3 Year14.23%
5 Year14.11%

Debt/Equity

0.2629

Price to Cash Flow

5.82

Interest Cover Ratio

22.9607153622024

CFO/PAT (5 Yr. Avg.)

0.765578875110602

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 63.86 0
Sep 2022 63.75 0
Jun 2022 62.91 0
Mar 2022 62.93 0
Dec 2021 63.15 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 34.0821237001772% for the Past 3 years.
  • Company has a healthy Interest coverage ratio of 22.9607153622024.
  • Company has a healthy liquidity position with current ratio of 3.03944007964851.
  • The company has a high promoter holding of 63.86%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 10.6522841253836.

 Limitations

  • The company has shown a poor revenue growth of 13.5286962116723% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Net Sales 2520.91 2641.97 2731.01 2387.48 2293.87
Total Expenditure 1910.62 2135.34 2220.14 2038.37 2126.92
Operating Profit 610.29 506.63 510.87 349.11 166.95
Other Income 231.06 48.11 22.3 29.37 67.67
Interest 21.23 28.84 26.17 24.8 20.55
Depreciation 91 90.85 91.78 97.38 97.24
Exceptional Items 0 0 0 0 0
Profit Before Tax 729.12 435.05 415.22 256.3 116.83
Tax 145.09 112.37 101.87 61.56 26.25
Profit After Tax 584.03 322.68 313.35 194.74 90.58
Adjusted EPS (Rs) 20.25 11.17 10.84 6.74 3.13

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 5851.27 6414.58 6325.15 5926.23 9386.1
Total Expenditure 4992.71 5283.06 5442.37 5159.16 7123.98
Operating Profit 858.56 1131.52 882.78 767.07 2262.12
Other Income 185.06 218.2 171.98 188.16 385.26
Interest 114.32 117.84 132.54 112.78 99.53
Depreciation 228.55 241.48 319.21 358.39 362.1
Exceptional Items 0 0 0 0 0
Profit Before Tax 700.75 990.4 603.01 484.06 2185.75
Tax 154.99 294.52 57.52 117.32 508.31
Net Profit 545.76 695.88 545.49 366.74 1677.44
Adjusted EPS (Rs.) 19.01 24.21 18.97 12.74 58.07

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 57.43 57.48 57.52 57.56 57.77
Total Reserves 4574.53 5181.62 5608.69 6080.99 7481.35
Borrowings 1195.55 1071.35 1266.14 1296.6 921.06
Other N/C liabilities 265.47 333.21 263.22 279.55 267.75
Current liabilities 1602.98 1725.46 1531.11 1349.05 1848.12
Total Liabilities 7695.96 8369.12 8726.68 9063.75 10576.05
Assets
Net Block 2506.77 3058.84 3481.12 3467.96 3435.69
Capital WIP 105.08 273.63 139.42 77.75 241.02
Intangible WIP 0 0 0 0 0
Investments 787.96 749.57 558.2 494.3 964.29
Loans & Advances 57.7 78.03 63.66 64.59 126.91
Other N/C Assets 37.12 16.67 6.27 175.89 190.89
Current Assets 4201.33 4192.38 4478.01 4783.26 5617.25
Total Assets 7695.96 8369.12 8726.68 9063.75 10576.05
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 700.75 990.4 603.01 484.06 2185.75
Adjustment 196.84 195.46 308.03 340.38 184.76
Changes in Assets & Liabilities -614.61 -502.52 40.97 -676.61 -432.71
Tax Paid -192.93 -236.69 -100.84 -32.43 -507.9
Operating Cash Flow 90.05 446.65 851.17 115.4 1429.9
Investing Cash Flow -160.14 -226.93 -461.95 -31.09 -882.66
Financing Cash Flow 97.07 -247.49 -278.19 -198.79 -521.23
Net Cash Flow 26.98 -27.77 111.03 -114.48 26.01

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 63.15 62.93 62.91 63.75 63.86
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... - - - - -
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 Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 36.85 37.07 37.09 36.25 36.14
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 - -
reliance capital t... - - - - -
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 - - -
templeton india va... - - - - -
reliance capital t... - - 3.25 - -
reliance emergent ... - - - 2.73 2.62
uti-mid cap fund - - - - -
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... - - - - -
iepf - - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Vardhman Textiles planning to raise up to Rs 150 crore through NCDs6 Mar 2023, 10:22AM Vardhman Textiles informs about loss of share certificate22 Feb 2023, 4:21PM Vardhman Textiles informs about loss of share certificate8 Feb 2023, 4:17PM Vardhman Textiles informs about transcript of conference call31 Jan 2023, 5:17PM Vardhman Textiles informs about link for audio recording28 Jan 2023, 10:28AM Vardhman Textiles - Quaterly Results25 Jan 2023, 12:36PM Vardhman Textiles - Quaterly Results25 Jan 2023, 12:36PM Vardhman Textiles - Quaterly Results25 Jan 2023, 12:36PM Vardhman Textiles informs about details of loss of certificate 20 Jan 2023, 3:05PM Vardhman Textiles informs about certificate10 Jan 2023, 5:14PM Vardhman Textiles informs about loss of share certificates30 Nov 2022, 12:39PM Vardhman Textiles informs about details of loss of certificate 23 Nov 2022, 4:39PM Vardhman Textiles informs about analyst meet intimation29 Oct 2022, 3:24PM Vardhman Textiles informs about newspaper publication29 Oct 2022, 2:45PM Vardhman Textiles reports 58% fall in Q2 consolidated net profit28 Oct 2022, 3:38PM Vardhman Textiles informs about financial results28 Oct 2022, 2:48PM Vardhman Textiles - Quaterly Results28 Oct 2022, 12:17PM Vardhman Textiles - Quaterly Results28 Oct 2022, 12:17PM Vardhman Textiles - Quaterly Results28 Oct 2022, 12:17PM Vardhman Textiles informs about board meeting22 Oct 2022, 4:25PM Vardhman Textiles informs about loss of share certificate 26 Sep 2022, 4:40PM Vardhman Textiles informs about loss of share certificates22 Sep 2022, 4:53PM Vardhman Textiles informs about loss of share certificates20 Aug 2022, 4:09PM Vardhman Textiles informs about loss of share certificate16 Aug 2022, 4:28PM Vardhman Textiles informs about financial results23 Jul 2022, 11:41AM Vardhman Textiles - Quaterly Results22 Jul 2022, 12:33PM Vardhman Textiles - Quaterly Results22 Jul 2022, 12:33PM Vardhman Textiles - Quaterly Results22 Jul 2022, 12:33PM Vardhman Textiles informs about allotment of equity shares under ESOP2 Jul 2022, 1:07PM 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 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 9.06278046606792 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 17.0820476786933 % which is a good 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 3.03944007964851 .

  • 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 24.5700094548485 % .(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 0.2629 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 3.3871020125364 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 58.3823105076921 % which is fair 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 24.1007447182536 %.

  • 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 6.8 and the yield is 2.3673 %.

Brief about Vardhman Textiles

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