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Vardhman Textiles logo

VTL - Vardhman Textiles Share Price

₹1351.45 25.8  2.0%

Last Trade - 10:59am

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £735.3m
Enterprise Value £762.5m
Revenue £558.1m
Position in Universe 340th / 3109
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -0.066%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -1.98%
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 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
67,860 58,953 60,300 62,483 68,779 67,350 60,840 76,702 -0.2%
-44.4 +57.6 +55.5 -33.6 +22.1 -19.2 -35.7 +111.5
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
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FINANCIAL BRIEF: : For the nine months ended 31 December 2020, VardhmanTextiles Ltd. revenues decreased 18% to RS41.93B. Netincome decreased 61% to RS1.66B. Revenues reflect Textilessegment decrease of 18% to RS40.61B, Acrylic Fibre segmentdecrease of 30% to RS1.75B. Net income also reflectsDepreciation and amortisation expense increase of 11% toRS2.72B (expense). Basic Earnings per Share excludingExtraordinary Items decreased from RS76.43 to RS30.45.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for VTL
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 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
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Profile Summary

Vardhman Textiles Limited is an integrated textile manufacturer. The Company is engaged in manufacturing of cotton yarn, synthetic yarn, woven fabric, sewing thread, acrylic fiber, tow and garments. The Company's segments include Textiles and Fibre. The Company is a piece dyed fabric manufacturer, and cotton yarn manufacturer and exporter. It offers the range of specialized greige and dyed yarns in cotton, polyester, acrylic and a range of blends. The Company also manufactures products, such as Organic Cotton, Melange, Core Spun Yarns, Ultra Yarns (Contamination controlled), Gassed Mercerised, Super Fine Yarns, Slub and Cellulose Yarns and Fancy Yarns for hand knitting. The Company has approximately 1.1 million spindles and a capacity to manufacture over 580 metric ton (MT) of yarn per day. The Company has manufacturing facilities located in Punjab, Himachal Pradesh and Madhya Pradesh. The Company markets its products in the European Union, the United States and the Far East.

Directors
Last Annual March 31st, 2020
Last Interim December 31st, 2020
Incorporated October 8, 1973
Public Since January 19, 1995
No. of Shareholders: 19,823
No. of Employees: 21,349
Sector Consumer Cyclicals
Industry Textiles & Apparel
Index
Exchange National Stock Exchange of India
Shares in Issue 57,631,460
Free Float (0.0%)
Eligible for
ISAs
SIPPs
VTL Share Price Performance
Share Price
Bid - Ask
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Spread
Day's Change
Avg Volume
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Range (12m)
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Latest News for VTL
Upcoming Events for VTL
Tuesday 28th September, 2021 Estimate
Vardhman Textiles Ltd Annual Shareholders Meeting
Frequently Asked Questions for Vardhman Textiles
What is the Vardhman Textiles share price?

As of 10:59am, shares in Vardhman Textiles are trading at ₹1351.45, giving the company a market capitalisation of £735.3m. This share price information is delayed by 15 minutes.

How has the Vardhman Textiles share price performed this year?

Shares in Vardhman Textiles are currently trading at ₹1351.45 and the price has moved by 0.111k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Vardhman Textiles price has moved by 30.07% over the past year.

What are the analyst and broker recommendations for Vardhman Textiles?

Of the analysts with advisory recommendations for Vardhman Textiles, there are there are currently 2 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Vardhman Textiles is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Vardhman Textiles next release its financial results?

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

Interim results are scheduled for: 2021-12-31
What is the Vardhman Textiles dividend yield?

Vardhman Textiles does not currently pay a dividend.

Does Vardhman Textiles pay a dividend?

Vardhman Textiles does not currently pay a dividend.

When does Vardhman Textiles next pay dividends?

Vardhman Textiles does not currently pay a dividend.

How do I buy Vardhman Textiles shares?

To buy shares in Vardhman Textiles 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 Textiles?

Shares in Vardhman Textiles are currently trading at ₹1351.45, giving the company a market capitalisation of £735.3m.

Where are Vardhman Textiles shares listed? Where are Vardhman Textiles shares listed?

Here are the trading details for Vardhman Textiles:

Country of listing: India
Exchange: NSI
Ticker Symbol: VTL
What kind of share is Vardhman Textiles?

Based on an overall assessment of its quality, value and momentum, Vardhman Textiles is currently classified as a Style Neutral. 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 Textiles share price forecast 2021?

Shares in Vardhman Textiles are currently priced at ₹1351.45. At that level they are trading at 24.04% premium to the analyst consensus target price of 0.00.

Analysts covering Vardhman Textiles currently have a consensus Earnings Per Share (EPS) forecast of 65.5 for the next financial year.

How can I tell whether the Vardhman Textiles 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 Textiles. Over the past six months, the relative strength of its shares against the market has been 29.98%. At the current price of ₹1351.45, shares in Vardhman Textiles are trading at 37.76% 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 Textiles PE Ratio?

The Vardhman Textiles PE ratio based on its reported earnings over the past 12 months is 24.08. The shares are currently trading at ₹1351.45.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Vardhman Textiles?

Vardhman Textiles's management team is headed by:

Shri Paul Oswal - CHM
Prafull Anubhai - NID
Sachit Jain - DRC
Rajeev Thapar - CFO
Neeraj Jain - MDR
Suchita Jain - EDR
Karan Walia - CCO
Suresh Khatanhar - DRC
Parampal Singh - DRC
Harpreet Kang - DRC
Who are the major shareholders of Vardhman Textiles?

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

Vardhman Group Corporation
Percentage owned: 29.32% (16.9m shares)
Adishwar Enterprises, L.L.P. Corporation
Percentage owned: 17.9% (10.3m shares)
Devakar Investment & Trading Company Pvt. Ltd. Corporation
Percentage owned: 11% (6.34m shares)
HDFC Asset Management Co., Ltd. Investment Advisor
Percentage owned: 6.07% (3.50m shares)
DSP Investment Managers Pvt. Ltd. Investment Advisor
Percentage owned: 3.84% (2.21m shares)
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