VARDMNPOLY

Vardhman Polytex Share PriceVardhman Polytex

₹59.55
-0.45 (-0.75%)
As on 29 November, 2023 | 02:15 BSE: 514175 NSE: VARDMNPOLYISIN: INE835A01011

Vardhman Polytex Performance

Day Range

  • Low 59.5
  • High 60.8
59.55

52 Week Range

  • Low 17.65
  • High 73.8
59.55
  • Open Price0
  • Previous Close60
  • Volume5500

Start SIP in Vardhman Polytex

Start SIP

Vardhman Polytex Share Price

  • Over 1 Month 19.34%
  • Over 3 Month -9.36%
  • Over 6 Month 25.77%
  • Over 1 Year 198.5%

Vardhman Polytex Key Statistics

P/E Ratio -6.7
PEG Ratio 0.3
Market Cap Cr 163
Price to Book Ratio -0.4
EPS -35
Dividend 0
Relative Strength Index 50.46
Money Flow Index 53.35
MACD Signal 1.45
Average True Range 1.4

Vardhman Polytex Investment Rating

  • Master Rating:
  • Vardhman Polytex (Nse) has an operating revenue of Rs. 492.25 Cr. on a trailing 12-month basis. An annual revenue de-growth of -33% needs improvement, Pre-tax margin of 0% needs improvement, ROE of -0% is poor and needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 31% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 7% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 26 which is a POOR score indicating inconsistency in earnings, a RS Rating of 89 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 80 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Vardhman Polytex Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 10113616393101258278
Operating Expenses Qtr Cr 121139178111107256265
Operating Profit Qtr Cr -20-3-15-18-6313
Depreciation Qtr Cr 3333333
Interest Qtr Cr 13131314151217
Tax Qtr Cr 0000000
Net Profit Qtr Cr -341-8173-10-7
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 622932
Operating Expenses Annual Cr 652869
Operating Profit Annual in Cr -3659
Depreciation Cr 1214
Interest Annual Cr 5364
Tax Annual Cr 00
Net Profit Annual Cr 1-16
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 4061
Cash from Investing Activity Annual Cr -1-1
Cash from Financing Annual Activity Cr -39-61
Net Cash Flow Annual Cr 00
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr -362-364
Fixed Assets Annual Cr 159170
Total Non Current Assets Annual Cr 223230
Total Current Assets Annual Cr 6896
Total Assets Annual Cr 291326
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs -163-163
ROE Annual % 00
ROCE Annual % 12-13
Total Debt to Total Equity Annual --
EBDIT Annual Margin % -57
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 278
Operating Expenses Qtr Cr 265
Operating Profit Qtr Cr 13
Depreciation Qtr Cr 3
Interest Qtr Cr 17
Tax Qtr Cr 0
Net Profit Qtr Cr -7
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 932
Operating Expenses Annual Cr 870
Operating Profit Annual in Cr 59
Depreciation Cr 14
Interest Annual Cr 64
Tax Annual Cr 0
Net Profit Annual Cr -16
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 61
Cash from Investing Activity Annual Cr -1
Cash from Financing Annual Activity Cr -61
Net Cash Flow Annual Cr 0
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr -364
Fixed Assets Annual Cr 170
Total Non Current Assets Annual Cr 230
Total Current Assets Annual Cr 96
Total Assets Annual Cr 326
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs -163
ROE Annual % 0
ROCE Annual % -13
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 7

Vardhman Polytex Technicals

EMA & SMA

Current Price
₹59.55
-0.45 (-0.75%)
pointer
  • Bullish Moving Average
  • ___
  • 10
  • Bearish Moving Average
  • ___
  • 6
  • 20 Day
  • ₹59.95
  • 50 Day
  • ₹58.66
  • 100 Day
  • ₹55.95
  • 200 Day
  • ₹48.59
  • 20 Day
  • ₹59.46
  • 50 Day
  • ₹57.85
  • 100 Day
  • ₹59.14
  • 200 Day
  • ₹45.77

Vardhman Polytex Resistance and Support

PIVOT
₹59.95
Resistance
First Resistance ₹60.4
Second Resistance ₹61.25
Third Resistance ₹61.7
RSI 50.46
MFI 53.35
MACD Single Line 1.45
MACD 1.34
Support
First Resistance ₹59.1
Second Resistance ₹58.65
Third Resistance ₹57.8

Vardhman Polytex Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 7,257 725,700 100
Week 19,873 1,987,325 100
1 Month 46,361 4,636,138 100
6 Month 33,366 3,183,144 95.4

Vardhman Polytex Result Highlights

Vardhman Polytex Synopsis

NSE-Apparel-Clothing Mfg

Vardhman Polytex is involved in the business activities of Spinning, weaving and finishing of textiles. Company’s Total Operating Revenue is Rs. 928.60 Cr. and Equity Capital is Rs. 22.29 Cr. for the Year ended 31/03/2022. Vardhman Polytex Ltd. is a Public Limited Listed company incorporated on 20/08/1980 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L17122PB1980PLC004242 and registration number is 004242.
Market Cap 163
Sales 492
Shares in Float 1.39
No of funds 7
Yield
Book Value -0.02
U/D Vol ratio 0.8
LTDebt / Equity
Alpha 0.44
Beta 1.22

Vardhman Polytex

Owner NameOct-23Sep-23Jun-23Mar-23
Promoters 49.14%55.2%60.16%60.16%
Mutual Funds 0.01%0.01%0.01%0.01%
Foreign Portfolio Investors 1.24%1.4%1.52%2.82%
Financial Institutions/ Banks
Individual Investors 43.1%36.08%34.77%32.85%
Others 6.51%7.31%3.54%4.16%

Vardhman Polytex Management

Name Designation
Mr. Adish Oswal Chairman & Managing Director
Mrs. Manju Oswal Director
Mr. Suresh Kumar Banka Director
Mr. Sandeep Mehta Independent Director
Mr. Sanjeev Joshi Independent Director
Mr. Sagar Bhatia Independent Director
Mrs. Sanchi Taneja Independent Director

Vardhman Polytex Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Vardhman Polytex Corporate Action

Date Purpose Remarks
2023-11-09 Quarterly Results
2023-08-08 Quarterly Results
2023-05-30 Audited Results
2023-05-18 Preferential issue of shares
2023-02-13 Quarterly Results

Vardhman Polytex FAQs

What is Share Price of Vardhman Polytex ?

Vardhman Polytex share price is ₹59 As on 29 November, 2023 | 02:01

What is the Market Cap of Vardhman Polytex ?

The Market Cap of Vardhman Polytex is ₹162.5 Cr As on 29 November, 2023 | 02:01

What is the P/E ratio of Vardhman Polytex ?

The P/E ratio of Vardhman Polytex is -6.7 As on 29 November, 2023 | 02:01

What is the PB ratio of Vardhman Polytex ?

The PB ratio of Vardhman Polytex is -0.4 As on 29 November, 2023 | 02:01

Q2FY23