Vardhman Polytex logo

VARDMNPOLY - Vardhman Polytex Share Price

₹10.9 0.5  4.8%

Last Trade - 10/07/20

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £2.57m
Enterprise Value £76.8m
Revenue £67.4m
Position in Universe 2231st / 2987
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +155.9%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High 0.000
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
10,536 10,215 9,536 9,255 6,410 8,108 -5.1%
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ROA
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NFA
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FINANCIAL BRIEF: : For the nine months ended 31 December 2019, Vardhman Polytex Ltd. revenues decreased 29% to RS4.25B. Net loss applicable to common stockholders increased 2% to RS597.6M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Finance Costs increase of less than 1% to RS451.3M (expense), Other income decrease of less than 1% to RS23.4M (income).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Vardhman Polytex Limited is a holding company. The Company manufactures yarn, garments and develops residential and commercial colony or project. The Company operates through two segments: Textile and Real estates. The Company's yarn portfolio ranges from Cotton Yarns (Carded, Combed, Organic, BCI and SUPIMA), Cotton Polyester Yarns to Value Added Yarns (Grey and Dyed) in variable counts. The Company's product range includes combed, slub yarns, lycra yarn, modal/cotton, P/C melange, contamination free yarn, neppy yarn, grindle yarn and snow yarn. The Company factories/units are located at Badal Road, Bathinda, Punjab; Ludhiana, Punjab, and Nalagarh, Himachal Pradesh. The Company's residential and commercial colony/project Vardhman Park is situated at Chandigarh Road, Ludhiana. The Company has two subsidiaries, namely F.M. Hammerle Textiles Limited, and F.M. Hammerle Verwaltungs GmbH.

Directors
Last Annual March 31st, 2019
Last Interim December 31st, 2019
Incorporated August 20, 1980
Public Since January 3, 1995
No. of Shareholders: n/a
No. of Employees: n/a
Sector Consumer Cyclicals
Industry Textiles & Apparel
Index
Exchange National Stock Exchange of India
Shares in Issue 22,291,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
VARDMNPOLY Share Price Performance
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Latest News for VARDMNPOLY
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Frequently Asked Questions for Vardhman Polytex
What is the Vardhman Polytex share price?

As of 10/07/20, shares in Vardhman Polytex are trading at ₹10.9, giving the company a market capitalisation of £2.57m. This share price information is delayed by 15 minutes.

How has the Vardhman Polytex share price performed this year?

Shares in Vardhman Polytex are currently trading at ₹10.9 and the price has moved by 0.195k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Vardhman Polytex price has moved by 0.217k% over the past year.

What are the analyst and broker recommendations for Vardhman Polytex?

There are no analysts currently covering Vardhman Polytex.

When will Vardhman Polytex next release its financial results?

Vardhman Polytex is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2020-12-31
What is the Vardhman Polytex dividend yield?

Vardhman Polytex does not currently pay a dividend.

Does Vardhman Polytex pay a dividend?

Vardhman Polytex does not currently pay a dividend.

When does Vardhman Polytex next pay dividends?

Vardhman Polytex does not currently pay a dividend.

How do I buy Vardhman Polytex shares?

To buy shares in Vardhman Polytex you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Vardhman Polytex?

Shares in Vardhman Polytex are currently trading at ₹10.9, giving the company a market capitalisation of £2.57m.

Where are Vardhman Polytex shares listed? Where are Vardhman Polytex shares listed?

Here are the trading details for Vardhman Polytex:

Country of listing: India
Exchange: NSI
Ticker Symbol: VARDMNPOLY
What kind of share is Vardhman Polytex?

Based on an overall assessment of its quality, value and momentum, Vardhman Polytex is currently classified as a Turnaround. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Vardhman Polytex share price forecast 2020?

We were not able to load any forecast data for Vardhman Polytex.

How can I tell whether the Vardhman Polytex share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Vardhman Polytex. Over the past six months, the relative strength of its shares against the market has been 0.378k%. At the current price of ₹10.9, shares in Vardhman Polytex are trading at 0.238k% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Vardhman Polytex PE Ratio?

We were not able to find PE ratio data for Vardhman Polytex.

Who are the key directors of Vardhman Polytex?

Vardhman Polytex's management team is headed by:

Adish Oswal - CHM
Manju Oswal - NED
Aarti Rawat - IND
Harpal Singh - IND
Ajay Ratra - CCO
Apjit Arora - CFO
Who are the major shareholders of Vardhman Polytex?

Here are the top five shareholders of Vardhman Polytex based on the size of their shareholding:

Panchsheel Textile Manufacturing & Trading Company Pvt. Ltd. Corporation
Percentage owned: 19.86% (4.43m shares)
Alma Assets Consultancy Pvt. Ltd. Corporation
Percentage owned: 19.57% (4.36m shares)
Altfort Merchants Pvt. Ltd. Corporation
Percentage owned: 9.79% (2.18m shares)
Nightnagle Dealcom Pvt. Ltd. Corporation
Percentage owned: 2.96% (660k shares)
Oswal (Adish) Individual Investor
Percentage owned: 1.89% (421k shares)
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