VTL

Vardhman Textiles Share PriceVardhman Textiles

₹394.75
0.15 (0.04%)
As on 11 December, 2023 | 11:41 BSE: 502986 NSE: VTLISIN: INE825A01020

Vardhman Textiles Performance

Day Range

  • Low 393.50
  • High 398.85
₹ 394.75

52 Week Range

  • Low 270.00
  • High 433.65
₹ 394.75
  • Open Price396.00
  • Previous Close394.60
  • Volume75170

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Vardhman Textiles Share Price

  • Over 1 Month 8.08%
  • Over 3 Month -0.89%
  • Over 6 Month 11.46%
  • Over 1 Year 16.96%

Vardhman Textiles Key Statistics

P/E Ratio 21.5
PEG Ratio -0.4
Market Cap Cr 11,415
Price to Book Ratio 1.3
EPS 24.8
Dividend 0.9
Relative Strength Index 50.9
Money Flow Index 76.4
MACD Signal 9.93
Average True Range 13.99

Vardhman Textiles Investment Rating

  • Master Rating:
  • Vardhman Textiles has an operating revenue of Rs. 9,571.84 Cr. on a trailing 12-month basis. An annual revenue growth of 5% is not great, Pre-tax margin of 10% is healthy, ROE of 9% is fair but needs improvement. The company has a reasonable debt to equity of 11%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 12% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around -5% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 35 which is a POOR score indicating inconsistency in earnings, a RS Rating of 41 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 90 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 declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Vardhman Textiles Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,3342,2632,4282,2942,3872,7312,642
Operating Expenses Qtr Cr 2,1342,0452,1702,1272,0382,2202,135
Operating Profit Qtr Cr 200218258167349511507
Depreciation Qtr Cr 10210310397979291
Interest Qtr Cr 22323021252629
Tax Qtr Cr 3843482662102112
Net Profit Qtr Cr 12813115091195313323
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 10,0349,771
Operating Expenses Annual Cr 8,5567,124
Operating Profit Annual in Cr 1,2852,262
Depreciation Cr 389362
Interest Annual Cr 102100
Tax Annual Cr 238508
Net Profit Annual Cr 7491,677
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,8151,430
Cash from Investing Activity Annual Cr -1,406-883
Cash from Financing Annual Activity Cr -397-521
Net Cash Flow Annual Cr 1326
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 8,2947,538
Fixed Assets Annual Cr 3,9283,677
Total Non Current Assets Annual Cr 5,3034,959
Total Current Assets Annual Cr 5,5585,617
Total Assets Annual Cr 10,86110,576
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 287261
ROE Annual % 922
ROCE Annual % 1126
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1528
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,3972,3182,4862,3702,4702,8122,707
Operating Expenses Qtr Cr 2,1922,1032,2242,1922,1122,2862,208
Operating Profit Qtr Cr 205215262179358526499
Depreciation Qtr Cr 10410510499999392
Interest Qtr Cr 22323021252629
Tax Qtr Cr 4245513168105118
Net Profit Qtr Cr 134136159102205329322
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 10,3299,847
Operating Expenses Annual Cr 8,8147,348
Operating Profit Annual in Cr 1,3242,274
Depreciation Cr 394368
Interest Annual Cr 102100
Tax Annual Cr 255520
Net Profit Annual Cr 7951,547
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,8531,445
Cash from Investing Activity Annual Cr -1,445-899
Cash from Financing Annual Activity Cr -399-571
Net Cash Flow Annual Cr 9-26
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 8,5637,702
Fixed Assets Annual Cr 3,9863,733
Total Non Current Assets Annual Cr 5,5485,124
Total Current Assets Annual Cr 5,7855,855
Total Assets Annual Cr 11,33310,979
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 304276
ROE Annual % 920
ROCE Annual % 1124
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1526

Vardhman Textiles Technicals

EMA & SMA

Current Price
₹394.75
0.15 (0.04%)
pointer
  • Bullish Moving Average
  • ___
  • 9
  • Bearish Moving Average
  • ___
  • 7
  • 20 Day
  • ₹396.88
  • 50 Day
  • ₹385.54
  • 100 Day
  • ₹375.64
  • 200 Day
  • ₹362.71
  • 20 Day
  • ₹395.86
  • 50 Day
  • ₹379.05
  • 100 Day
  • ₹376.84
  • 200 Day
  • ₹352.02

Vardhman Textiles Resistance and Support

PIVOT
₹396.6
Resistance
First Resistance 401.15
Second Resistance 407.70
Third Resistance 412.25
RSI 50.90
MFI 76.40
MACD Single Line 9.93
MACD 8.60
Support
First Resistance 390.05
Second Resistance 385.50
Third Resistance 378.95

Vardhman Textiles Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 332,397 23,483,848 70.65
Week 281,199 16,233,630 57.73
1 Month 625,616 20,570,270 32.88
6 Month 362,254 16,819,432 46.43

Vardhman Textiles Result Highlights

Vardhman Textiles Synopsis

NSE-Apparel-Clothing Mfg

Vardhman Textiles Lt is involved in the business activities of Spinning, weaving and finishing of textiles. Company’s Total Operating Revenue is Rs. 9840.79 Cr. and Equity Capital is Rs. 57.82 Cr. for the Year ended 31/03/2023. Vardhman Textiles Ltd. is a Public Limited Listed company incorporated on 08/10/1973 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L17111PB1973PLC003345 and registration number is 003345.
Market Cap 11,418
Sales 9,319
Shares in Float 10.41
No of funds 181
Yield 0.89
Book Value 1.38
U/D Vol ratio 1.5
LTDebt / Equity 11
Alpha -0.01
Beta 1.11

Vardhman Textiles

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 64.11%64.07%63.85%63.86%
Mutual Funds 15.24%15.48%15.74%15.78%
Insurance Companies 0.7%0.78%0.76%0.76%
Foreign Portfolio Investors 6.95%6.65%6.85%7.07%
Financial Institutions/ Banks
Individual Investors 10.32%10.36%10.47%10.43%
Others 2.68%2.66%2.33%2.1%

Vardhman Textiles Management

Name Designation
Mr. Shri Paul Oswal Chairman & Managing Director
Mrs. Suchita Jain Vice Chairman & Jt Manag. Dir.
Mr. Neeraj Jain Joint Managing Director
Mrs. Harpreet Kaur Kang Independent Director
Mr. Sachit Jain Non Executive Director
Mr. Ashok Kumar Kundra Independent Director
Dr. Subash Khanchand Bijlani Independent Director
Dr. Parampal Singh Independent Director
Mr. Prafull Anubhai Independent Director
Ms. Sagrika Jain Executive Director
Mr. Udeypaul Singh Gill Independent Director
Mr. Suresh Kumar Ind. Non-Executive Director

Vardhman Textiles Forecast

Price Estimates

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

Other Analyst Rating

Vardhman Textiles Corporate Action

Date Purpose Remarks
2023-10-31 Quarterly Results
2023-08-04 Quarterly Results
2023-05-05 Audited Results & Final Dividend
2023-01-25 Quarterly Results
2022-10-28 Quarterly Results
Date Purpose Remarks
2021-11-05 INTERIM Rs.34.00 per share(340%)Interim Dividend
Date Purpose Remarks
2022-03-26 Split Rs.0.00 split from Rs. 10/- to Rs. 2/-.

Vardhman Textiles MF Shareholding

Name Amount(cr)
HDFC Mid-Cap Opportunities Fund Growth 47,846
Nippon India Small Cap Fund - Growth 41,019
ICICI Prudential Equity & Debt Fund Growth 26,183
HDFC Small Cap Fund Growth 25,409
HDFC Hybrid Equity Fund Growth 21,192

Vardhman Textiles FAQs

What is Share Price of Vardhman Textiles ?

Vardhman Textiles share price is ₹394 As on 11 December, 2023 | 11:27

What is the Market Cap of Vardhman Textiles ?

The Market Cap of Vardhman Textiles is ₹11415.2 Cr As on 11 December, 2023 | 11:27

What is the P/E ratio of Vardhman Textiles ?

The P/E ratio of Vardhman Textiles is 21.5 As on 11 December, 2023 | 11:27

What is the PB ratio of Vardhman Textiles ?

The PB ratio of Vardhman Textiles is 1.3 As on 11 December, 2023 | 11:27

Q2FY23