1. India Stocks

  2. •

    Process industries

  3. •

    Textiles
Vardhman Polytex Ltd

Vardhman Polytex Ltd

5.10
INR
+0.05
(+0.99%)
6.91EPS
0.97P/E
3.25BMarket Cap
Vardhman Polytex Ltd
BSE:VARDMNPOLY
(Bombay Stock Exchange)

Recent

price

5.10

P/E

ratio

0.97

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
43.67
46.43
51.17
50.43
43.16
37.74
35.88
25.15
32.08
22.19
20.12
36.75
24.36
14.67
8.53
5.14
5.16
Revenue per Share
0.88
-5.24
-0.27
-0.31
-1.9
-0.59
-1.32
-6.79
-2.93
4.03
-2.24
-0.62
0.06
-1.06
0.45
0.17
6.91
Basic EPS, GAAP
-1.86
5.22
4.4
2.65
2.68
3.8
2.6
1.73
5.3
0.46
0.88
2.35
1.55
-0.55
-3.08
-0.94
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
7.24
1.94
2.36
2.87
1.12
-1.21
-2.51
-9.32
-15.51
-11.51
-13.79
-14.39
-14.34
-11.67
-4.96
-4.08
- -
Book Value per Share
6.13
-2.09
-1.15
-0.18
0.76
-1.42
-2.64
-9.38
-15.52
-11.51
-13.79
-14.39
-14.34
-11.67
-4.96
-4.08
- -
Tangible Book Value per Share
184
184
184
209
237
253
253
253
253
253
253
253
253
253
334
459
461
Basic Weighted Avg Shares
8,042
8,549
9,428
10,536
10,215
9,536
9,066
6,357
8,107
5,609
5,085
9,286
6,155
3,706
2,850
2,361
2,379
Sales/Revenue/Turnover
-91.07
-7.39
5.66
5.23
3.67
6.05
3.39
-14.29
-1.95
-2.71
1.2
4.94
-7.79
-14.12
1.04
3.18
1.82
Operating Margin (%)
425
449
522
483
425
383
305
299
184
157
147
136
122
105
90
67
69
Depreciation Expense
163
-964
-50
-65
-449
-150
-335
-1,717
-740
1,018
-567
-156
15
-268
149
77
3,187
Net Income, GAAP
1.15
- -
- -
- -
- -
- -
- -
- -
- -
0.01
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
2.02
-11.28
-0.53
-0.62
-4.4
-1.57
-3.69
-27.01
-9.13
18.16
-11.15
-1.68
0.24
-7.22
5.24
3.25
133.95
Profit Margin (%)
96
-2,231
-823
-955
-1,182
-1,496
-2,064
-3,851
-6,544
-5,484
-5,976
-5,908
-5,827
-1,713
-682
-332
- -
Working Capital
3,658
3,376
4,288
3,647
3,164
3,055
2,728
2,394
66
18
14
4
- -
3,602
3,405
3,151
- -
LT Debt
1,392
376
478
645
284
-183
-512
-2,234
-3,920
-2,909
-3,485
-3,636
-3,623
-3,610
-2,274
-1,972
- -
Total Equity
-121.32
- -
- -
- -
- -
- -
- -
- -
- -
125.32
- -
- -
39.25
- -
20.15
8.59
- -
Return on Invested Capital (%)
12.01
- -
- -
- -
- -
- -
- -
- -
- -
127.41
- -
- -
42.06
- -
32.83
10.44
- -
Return on Capital (%)
14.6
-114.03
-11.88
-11.54
-96.67
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
551
- -
LT Borrowings
- -
3,151
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
459
483
483
Market Capitalization
2,891
3,120
3,251

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,305
- -
Cash, Cash Equivalents & STI
- -
85
- -
Accounts Receivable, Net
- -
34
- -
Inventories
- -
786
- -
Total Current Liabilities
- -
1,637
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
551
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
53.92%
-9.33%
-13.29%
Free Cash Flow
71.71%
115.38%
-58.23%
Net Income, GAAP
-219.49%
-456.14%
-48.53%
Sales/Revenue/Turnover
-7.86%
-6.23%
-17.17%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
640
644
754
812
2,850
2026
595
617
506
648
2,361
2027
607
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.39
0.02
0.68
0.02
0.45
2026
- -
0.14
- -
0.02
0.17
2027
6.44
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
Similar Companies
Sasa Polyester Sanayi A.S. (BIST:SASA)
WF Holding Limited (NASDAQ:WFF)
Raymond Limited (NSE:RAYMOND)
Aksa Akrilik Kimya Sanayii A.S. (BIST:AKSA)
Filatex India Ltd (NSE:FILATEX)
Indo Count Industries Limited (NSE:ICIL)
Business
Vardhman Polytex Limited manufactures and sells yarns and garments primarily in India with exports to markets including the UK, Belgium, Italy, Germany, Korea, Australia, New Zealand, Hong Kong and Taiwan; its core products encompass carded, combed, organic and BCI cotton yarns, cotton polyester yarns, value-added yarns including grey and dyed variants in variable counts, compact yarn, core yarn, fancy yarn, melange yarn, multicount yarn, multitwist yarn, ring yarn, 100% acrylic yarn, acrylic cotton yarn, polyester cotton yarn, tyre cord yarn, special blended yarn, core spun yarn, slub yarn, viscose yarn and hand knitting yarn. Incorporated in 1980 and headquartered at Vardhman Park, Chandigarh Road, Ludhiana, Punjab, the company operates as the flagship of the Oswal Group with manufacturing facilities at Bathinda, Ludhiana and Nalagarh in India; it maintains production capacity of approximately 195,168 spindles and 30 tons of yarn per day, holding certifications such as ISO 9002, GOTS for organic textiles, Supima for Pima cotton yarn and Oeko-Tex Standard 100. Recent developments include the closure of operations at its Ludhiana manufacturing unit with land monetization in 2025, allotment of 7.245 crore convertible warrants on a preferential basis in March 2025 followed by conversion to equity shares, a share face value split from Rs10 to Rs1 in May 2024, re-appointment of cost auditors for FY2025-26, updates to related party transaction policies, and reduced debt levels alongside ongoing arrangements with vendors for raw material processing and sales.