1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Apparel - Manufacturers
Vardhman Textiles Limited

Vardhman Textiles Limited

VTL.BO
Vardhman Textiles LimitedIN flagBombay Stock Exchange
619.35
INR
+4.95
- -
179.17BMarket Cap
Vardhman Textiles Limited
VTL.BO
(Bombay Stock Exchange)

Recent

price

619.35

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
149.68
145.36
156.42
193.57
212.52
189.59
196
221.33
241.11
235.67
214.64
331.7
349
327.71
343.97
346.69
346.69
Revenue per Share
19.23
4.52
11.4
22.98
12.8
20.18
32.62
20.91
25.89
20.44
14.67
54.58
27.96
22.21
31.05
26.18
29.95
Basic EPS, GAAP
-11.14
19.09
-5.43
5.62
35.18
17.28
34.58
-9.48
-14.5
6.81
-2.67
32.65
43.29
-47.09
21.49
-22.13
- -
Free Cash Flow per Basic Share
0.91
1.31
1.3
1.73
2.96
7.65
0.03
2.93
2.98
3.5
0.01
12.32
0.02
3.71
4.16
5.12
- -
Dividend per Share
69.5
14.93
22.74
40.31
44.28
59.3
91.76
122.5
141.73
157.35
172.16
214.56
243.93
262.76
290.34
2
- -
Book Value per Share
86.52
80.83
90.76
111.63
116.5
133.3
144.49
180.85
200.95
217.85
233.46
276.5
304.07
322.64
349.97
371.58
- -
Tangible Book Value per Share
295
313
313
313
313
305
301
278
282
282
282
283
284
284
284
285
284
Basic Weighted Avg Shares
44,185
45,438
48,896
60,508
66,431
57,741
58,967
61,526
68,051
66,574
60,633
94,016
99,255
93,202
97,849
98,690
98,620
Sales/Revenue/Turnover
18.97
7.71
14.54
19.41
8.94
13.96
14.74
11
14.18
9.59
9.48
21.41
10.37
6.85
8.81
7.84
8.39
Operating Margin (%)
2,647
2,735
2,953
3,355
5,322
3,742
3,434
2,400
2,540
3,332
3,638
3,675
3,944
4,046
4,009
4,645
4,134
Depreciation Expense
5,675
1,414
3,564
7,183
4,002
6,146
9,814
5,812
7,307
5,775
4,144
15,469
7,952
6,316
8,833
7,452
8,519
Net Income, GAAP
24.44
28.26
30.43
26.93
28.37
28.39
24.56
22.01
30.05
9.84
23.62
25.1
24.07
23.74
24.1
21.14
24.52
Effective Tax Rate (%)
12.84
3.11
7.29
11.87
6.02
10.64
16.64
9.45
10.74
8.67
6.83
16.45
8.01
6.78
9.03
7.55
8.64
Profit Margin (%)
19,947
17,109
20,049
21,588
15,996
14,381
17,524
28,599
28,189
32,470
37,784
39,256
43,397
43,695
49,426
52,939
- -
Working Capital
19,212
20,436
20,996
20,552
13,348
10,397
7,427
12,098
10,888
12,663
12,968
9,212
9,315
4,133
7,492
12,310
- -
LT Debt
25,784
25,479
28,620
35,284
36,877
41,029
43,854
50,625
57,046
61,685
66,015
78,413
86,520
91,880
99,656
105,878
- -
Total Equity
12.82
4.71
8.73
13.28
6.42
8.82
9.83
7.54
8.76
7.02
5.12
16.2
7.74
4.56
5.88
5.15
- -
Return on Invested Capital (%)
12.57
5.29
11.38
16.69
9.47
15.16
21.88
11.94
13.04
10.25
6.86
20.91
10.08
7.69
9.92
14.03
68.13
Return on Capital (%)
31.17
11.23
60.52
72.89
30.27
38.53
42.98
18.85
19.74
13.68
8.9
28.27
12.22
8.77
11.23
17.92
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
4,891
- -
LT Borrowings
- -
7,490
- -
LT Finance Leases
- -
2
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
289
- -
Market Capitalization
144,115
112,195
142,388

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
63,046
- -
Cash, Cash Equivalents & STI
- -
5,102
- -
Accounts Receivable, Net
- -
12,976
- -
Inventories
- -
37,615
- -
Total Current Liabilities
- -
13,620
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
4,891
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.02%
10%
6.24%
Free Cash Flow
-211.14%
-370.58%
-203.05%
Net Income, GAAP
22.38%
45.68%
-15.63%
Sales/Revenue/Turnover
6.64%
12.08%
0.86%
Total Cash Common Dividend
14,816.21%
27,938.6%
23.08%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
23,183
23,975
23,295
22,749
93,202
2025
23,086
25,024
24,653
25,086
97,849
2026
23,857
25,053
24,980
- -
98,690

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.8
4.72
5.63
- -
22.21
2025
8.38
6.92
7.4
8.35
31.05
2026
7.28
5.85
6.49
- -
26.18

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.71
2025
- -
- -
- -
- -
4.16
2026
- -
- -
- -
- -
5.12
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Business
Vardhman Textiles Limited manufactures cotton yarn, synthetic yarn, woven fabric, sewing thread, acrylic fibre, tow and garments. The company produces specialized greige and dyed yarns in cotton, polyester, acrylic and blends including organic cotton, melange, core spun, ultra contamination-controlled, gassed mercerised, super fine, slub, cellulose and fancy yarns for hand knitting; it operates approximately 1.1 million spindles with capacity exceeding 580 metric tons of yarn per day, 1,482 looms with over 193 million meters of weaving capacity annually and 22,000 metric tons of fibre production per annum. Vardhman Textiles ranks as India's largest vertically integrated textile producer and second-largest sewing thread producer, with manufacturing facilities across Punjab, Himachal Pradesh and Madhya Pradesh, and exports to the European Union, United States, Far East, Asia and emerging markets. Incorporated on October 8, 1973 as Mahavir Spinning Mills Limited and renamed Vardhman Textiles Limited in 2006, the company is headquartered in Ludhiana, Punjab. In November 2024, Vardhman approves a Rs 350 crore expansion at its Budhni facility to boost processed fabric capacity by 31 million meters per annum to 206 million meters; it progresses with a new performance fabric plant, spindle expansions adding 56,744 equivalent spindles and Vardhman ReNova cotton recycling operations; recent recognitions include Fortune India's 2024 Employers of the Future listing and 2023 partnerships such as with NIT-Jalandhar for an M.Tech program alongside a Rs 150 crore NCD issuance.