View Future GrowthVardhman Polytex 과거 순이익 실적과거 기준 점검 1/6Vardhman Polytex은 연평균 11.7%의 비율로 수입이 증가해 온 반면, Luxury 산업은 연평균 12.8%의 비율로 증가했습니다. 매출은 연평균 21.6%의 비율로 감소했습니다.핵심 정보11.71%순이익 성장률3.87%주당순이익(EPS) 성장률Luxury 산업 성장률17.62%매출 성장률-21.58%자기자본이익률n/a순이익률3.08%다음 순이익 업데이트29 May 2026최근 과거 실적 업데이트공시 • May 20Vardhman Polytex Limited to Report Q4, 2026 Results on May 29, 2026Vardhman Polytex Limited announced that they will report Q4, 2026 results on May 29, 2026Reported Earnings • Feb 16Third quarter 2026 earnings releasedThird quarter 2026 results: EPS: ₹0.004. Revenue: ₹528.4m (down 30% from 3Q 2025). Net income: ₹1.45m (down 99% from 3Q 2025). Profit margin: 0.3% (down from 32% in 3Q 2025).공시 • Feb 09Vardhman Polytex Limited to Report Q3, 2026 Results on Feb 14, 2026Vardhman Polytex Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: ₹0.14 (vs ₹0.02 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.14 (up from ₹0.02 in 2Q 2025). Revenue: ₹634.4m (down 1.5% from 2Q 2025). Net income: ₹64.6m (up ₹58.3m from 2Q 2025). Profit margin: 10% (up from 1.0% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.공시 • Nov 03Vardhman Polytex Limited to Report Q2, 2026 Results on Nov 14, 2025Vardhman Polytex Limited announced that they will report Q2, 2026 results on Nov 14, 2025공시 • Aug 09Vardhman Polytex Limited to Report Q1, 2026 Results on Aug 13, 2025Vardhman Polytex Limited announced that they will report Q1, 2026 results on Aug 13, 2025모든 업데이트 보기Recent updates공시 • May 20Vardhman Polytex Limited to Report Q4, 2026 Results on May 29, 2026Vardhman Polytex Limited announced that they will report Q4, 2026 results on May 29, 2026공시 • Apr 17Vardhman Polytex Limited announced that it expects to receive INR 250 million in fundingVardhman Polytex Limited announces a private placement to issue and allot unlisted, secured, redeemable and optionally convertible debentures on preferential basis aggregating up to INR 250,000,000 On April 16, 2026.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹7.89, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 137% over the past three years.Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹8.44, the stock trades at a trailing P/E ratio of 49.8x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 372% over the past three years.New Risk • Feb 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.2% Last year net profit margin: 5.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.02x net interest cover). Share price has been highly volatile over the past 3 months (9.8% average weekly change). Negative equity (-₹2.2b). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (₹3.40b market cap, or US$37.6m).Reported Earnings • Feb 16Third quarter 2026 earnings releasedThird quarter 2026 results: EPS: ₹0.004. Revenue: ₹528.4m (down 30% from 3Q 2025). Net income: ₹1.45m (down 99% from 3Q 2025). Profit margin: 0.3% (down from 32% in 3Q 2025).공시 • Feb 09Vardhman Polytex Limited to Report Q3, 2026 Results on Feb 14, 2026Vardhman Polytex Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹6.91, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 310% over the past three years.New Risk • Jan 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-₹2.2b). High level of non-cash earnings (167% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (₹2.51b market cap, or US$27.7m).Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹6.55, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 290% over the past three years.New Risk • Nov 21New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 167% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-₹2.2b). High level of non-cash earnings (167% accrual ratio). Minor Risk Market cap is less than US$100m (₹3.04b market cap, or US$34.3m).Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: ₹0.14 (vs ₹0.02 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.14 (up from ₹0.02 in 2Q 2025). Revenue: ₹634.4m (down 1.5% from 2Q 2025). Net income: ₹64.6m (up ₹58.3m from 2Q 2025). Profit margin: 10% (up from 1.0% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.공시 • Nov 03Vardhman Polytex Limited to Report Q2, 2026 Results on Nov 14, 2025Vardhman Polytex Limited announced that they will report Q2, 2026 results on Nov 14, 2025Valuation Update With 7 Day Price Move • Aug 26Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹8.96, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 340% over the past three years.공시 • Aug 09Vardhman Polytex Limited to Report Q1, 2026 Results on Aug 13, 2025Vardhman Polytex Limited announced that they will report Q1, 2026 results on Aug 13, 2025Reported Earnings • Jul 31Full year 2025 earnings released: EPS: ₹0.45 (vs ₹12.01 loss in FY 2024)Full year 2025 results: EPS: ₹0.45 (up from ₹12.01 loss in FY 2024). Revenue: ₹2.85b (down 23% from FY 2024). Net income: ₹149.2m (up ₹416.8m from FY 2024). Profit margin: 5.2% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings.공시 • Jul 28Vardhman Polytex Limited, Annual General Meeting, Aug 28, 2025Vardhman Polytex Limited, Annual General Meeting, Aug 28, 2025, at 11:00 Indian Standard Time. Location: vardhaman park, chandigarh road, ludhiana - 141123, ludhiana IndiaNew Risk • Jun 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.2x net interest cover). Share price has been highly volatile over the past 3 months (9.2% average weekly change). Negative equity (-₹2.3b). Shareholders have been substantially diluted in the past year (68% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₹5.19b market cap, or US$59.9m).공시 • May 17Vardhman Polytex Limited to Report Q4, 2025 Results on May 30, 2025Vardhman Polytex Limited announced that they will report Q4, 2025 results on May 30, 2025공시 • Mar 10Vardhman Polytex Limited Approves the Closure of Operations At Manufacturing Unit of Company Located At Focal Point, LudhianVardhman Polytex Limited informed that the board of directors of the company at its meeting held on March 10, 2025 has considered and approved the closure of operations at manufacturing unit of company located at Focal Point, Ludhiana on account of Management's decision to explore various avenues for the monetization of real estate potential of the land. Date of closure or estimated time of closure: Upto 31st March, 2025; Reason for closure: Monetization of real estate potential of the plant land; Streamlininq the cash flows of the organization.New Risk • Feb 15New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Negative equity (-₹3.7b). Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹5.28b market cap, or US$60.9m).Reported Earnings • Feb 15Third quarter 2025 earnings released: EPS: ₹0.68 (vs ₹0.22 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.68 (up from ₹0.22 in 3Q 2024). Revenue: ₹785.1m (up 23% from 3Q 2024). Net income: ₹240.6m (up 353% from 3Q 2024). Profit margin: 31% (up from 8.3% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jan 31Vardhman Polytex Limited to Report Q3, 2025 Results on Feb 11, 2025Vardhman Polytex Limited announced that they will report Q3, 2025 results on Feb 11, 2025Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: ₹0.02 (vs ₹1.51 loss in 2Q 2024)Second quarter 2025 results: EPS: ₹0.02 (up from ₹1.51 loss in 2Q 2024). Revenue: ₹737.6m (down 28% from 2Q 2024). Net income: ₹6.29m (up ₹347.0m from 2Q 2024). Profit margin: 0.9% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings.공시 • Nov 09Vardhman Polytex Limited to Report Q2, 2025 Results on Nov 14, 2024Vardhman Polytex Limited announced that they will report Q2, 2025 results on Nov 14, 2024Reported Earnings • Aug 15First quarter 2025 earnings released: ₹0.39 loss per share (vs ₹0.047 profit in 1Q 2024)First quarter 2025 results: ₹0.39 loss per share (down from ₹0.047 profit in 1Q 2024). Revenue: ₹690.7m (down 56% from 1Q 2024). Net loss: ₹107.5m (down ₹118.0m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 66% per year, which means it is well ahead of earnings.공시 • Aug 14Vardhman Polytex Limited, Annual General Meeting, Sep 27, 2024Vardhman Polytex Limited, Annual General Meeting, Sep 27, 2024, at 11:00 Indian Standard Time. Location: vardhaman park, chandigarh road, ludhiana-141123, ludhiana India공시 • Aug 09Vardhman Polytex Limited to Report Q1, 2025 Results on Aug 14, 2024Vardhman Polytex Limited announced that they will report Q1, 2025 results on Aug 14, 2024공시 • May 22Vardhman Polytex Limited to Report Q4, 2024 Results on May 27, 2024Vardhman Polytex Limited announced that they will report Q4, 2024 results on May 27, 2024공시 • May 06Vardhman Polytex Limited Announces Resignation of Mr. Sudipta Kumar Bhattacharyya as Senior Vice President (Finance & Strategy)Vardhman Polytex Limited announced that Mr. Sudipta Kumar Bhattacharyya has tendered his resignation from the position of Senior Vice President (Finance & Strategy) and he has been relieved on 03rd May,2024. Resignation due to health conditions of his family members which require dedicated attention.Reported Earnings • Feb 16Third quarter 2024 earnings released: EPS: ₹2.23 (vs ₹7.41 in 3Q 2023)Third quarter 2024 results: EPS: ₹2.23 (down from ₹7.41 in 3Q 2023). Revenue: ₹636.9m (down 32% from 3Q 2023). Net income: ₹53.1m (down 68% from 3Q 2023). Profit margin: 8.3% (down from 18% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings.공시 • Feb 05Vardhman Polytex Limited to Report Q3, 2024 Results on Feb 13, 2024Vardhman Polytex Limited announced that they will report Q3, 2024 results at 3:30 PM, Indian Standard Time on Feb 13, 2024Reported Earnings • Nov 10Second quarter 2024 earnings released: ₹15.12 loss per share (vs ₹1.47 profit in 2Q 2023)Second quarter 2024 results: ₹15.12 loss per share (down from ₹1.47 profit in 2Q 2023). Revenue: ₹1.02b (flat on 2Q 2023). Net loss: ₹340.7m (down ₹373.3m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 94% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹60.10, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 681% over the past three years.공시 • Sep 15Vardhman Polytex Limited Announces Resignation of Sanjeev Joshi as Independent DirectorVardhman Polytex Limited announced that Mr. Sanjeev Joshi, Independent Director has tendered his resignation from position of Independent Director of the company with immediate effect due to his other professional commitments as mentioned in the enclosed resignation letter dated 14 September 2023. Resignation by Mr. Sanjeev Joshi due to his other professional commitments.New Risk • Sep 10New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.0% operating cash flow to total debt). Negative equity (-₹3.6b). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (9.0% increase in shares outstanding). Market cap is less than US$100m (₹1.52b market cap, or US$18.3m).Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹70.75, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 666% over the past three years.공시 • Aug 20Vardhman Polytex Limited Approves the Appointment of Sanchi Director as Independent DirectorVardhman Polytex Limited approved the appointment of Sanchi Director as independent director, at the AGM held on August 18, 2023.공시 • Aug 03Vardhman Polytex Limited to Report Q1, 2024 Results on Aug 08, 2023Vardhman Polytex Limited announced that they will report Q1, 2024 results on Aug 08, 2023Board Change • Aug 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Additional Non-Executive Independent Director Sanchi Taneja was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 27Full year 2023 earnings released: EPS: ₹0.67 (vs ₹6.98 loss in FY 2022)Full year 2023 results: EPS: ₹0.67 (up from ₹6.98 loss in FY 2022). Revenue: ₹6.20b (down 33% from FY 2022). Net income: ₹14.9m (up ₹170.5m from FY 2022). Profit margin: 0.2% (up from net loss in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 187 percentage points per year, which is a significant difference in performance.공시 • Jul 21Vardhman Polytex Limited Announces Reconstitution of CommitteesVardhman Polytex Limited announced that at its board meeting held on July 18, 2023, Committees of the board members are reconstituted in the following manner: Audit Committee: Mr. Sandeep Mehta – Independent Chairman, Mrs. Sanchi Taneja – Independent Member, Mrs. Manju Oswal – Non-executive Member; Nomination and Remuneration Committee: Mr. Sandeep Mehta - Independent Chairman, Mrs. Sanchi Taneja – Independent Member, Mrs. Manju Oswal – Non-executive Member.Reported Earnings • Jun 01Full year 2023 earnings released: EPS: ₹0.67 (vs ₹6.96 loss in FY 2022)Full year 2023 results: EPS: ₹0.67 (up from ₹6.96 loss in FY 2022). Revenue: ₹6.22b (down 33% from FY 2022). Net income: ₹14.9m (up ₹170.0m from FY 2022). Profit margin: 0.2% (up from net loss in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 242 percentage points per year, which is a significant difference in performance.공시 • May 23Vardhman Polytex Limited to Report Q4, 2023 Results on May 30, 2023Vardhman Polytex Limited announced that they will report Q4, 2023 results on May 30, 2023Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹43.72, the stock trades at a trailing P/E ratio of 36.6x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 1,434% over the past three years.공시 • May 19Vardhman Polytex Limited announced that it expects to receive funding from Sahi Trading Private LimitedVardhman Polytex Limited announced a private placement of 3,250,000 prepaid warrants at a price of INR 40.50 for the gross proceeds of INR ?131,625,000. The transaction involved participation from new investors Sahi Trading Private Limited for 2,50,000 warrants, Saajan Subhash Rathod for 2,50,000 warrants, Mavank Subhash Rathod 2,50,000 warrants, Ruchi Gupta for 2,50,000 warrants, Anupama Kothari for 12,50,000 warants, Rqqinder Pal Singh for 3,75,000 warrants and E$ot Singh Chawla for 3,75,000 warrants.?Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 38%After last week's 38% share price gain to ₹37.71, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 956% over the past three years.Valuation Update With 7 Day Price Move • Mar 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹25.05, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 508% over the past three years.Reported Earnings • Feb 14Third quarter 2023 earnings released: EPS: ₹7.41 (vs ₹2.90 loss in 3Q 2022)Third quarter 2023 results: EPS: ₹7.41 (up from ₹2.90 loss in 3Q 2022). Revenue: ₹937.2m (down 62% from 3Q 2022). Net income: ₹165.2m (up ₹229.8m from 3Q 2022). Profit margin: 18% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 111% per year, which means it is well ahead of earnings.공시 • Jan 27Vardhman Polytex Limited to Report Q3, 2023 Results on Feb 13, 2023Vardhman Polytex Limited announced that they will report Q3, 2023 results on Feb 13, 2023Reported Earnings • Nov 19Second quarter 2023 earnings released: EPS: ₹1.47 (vs ₹0.82 loss in 2Q 2022)Second quarter 2023 results: EPS: ₹1.47 (up from ₹0.82 loss in 2Q 2022). Revenue: ₹1.02b (down 53% from 2Q 2022). Net income: ₹32.7m (up ₹50.9m from 2Q 2022). Profit margin: 3.2% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 102% per year, which means it is well ahead of earnings.공시 • Nov 05Vardhman Polytex Limited to Report Q2, 2023 Results on Nov 14, 2022Vardhman Polytex Limited announced that they will report Q2, 2023 results on Nov 14, 2022Reported Earnings • Sep 05Full year 2022 earnings released: ₹6.96 loss per share (vs ₹25.44 loss in FY 2021)Full year 2022 results: ₹6.96 loss per share (improved from ₹25.44 loss in FY 2021). Revenue: ₹9.29b (up 83% from FY 2021). Net loss: ₹155.1m (loss narrowed 73% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 103% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Aug 17Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Additional Independent Non Executive Director Sandeep Mehta was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Aug 13+ 1 more updateVardhman Polytex Limited Announces Directorate ChangesVardhman Polytex Limited announced that at the board meeting held on August 12, 2022 announced that Mr. Sanjeev Joshi has been appointed with effect from August 12, 2022 as Additional Director under category of Non-Executive Independent Director of the company to hold office of director till the conclusion of upcoming Annual General Meeting. Mr. Sagar Bhatia has been appointed with effect from August 12, 2022 as Additional Director under category of Non-Executive Independent Director of the company to hold office of director till the conclusion of upcoming Annual General Meeting. Mr. Varun Kumar Choudhary, Independent Director has tendered his resignation from position of Independent Director of the company with effect from August 12, 2022 due to his other professional commitments as mentioned in the enclosed resignation letter dated August 12, 2022. Mr. Hardeep Singh, Independent Director has tendered his resignation from position of Independent Director of the company with effect from August 12, 2022 due to his personal and professional commitments as mentioned in the enclosed resignation letter dated August 12, 2022. Consequent upon the above stated changes in directors, committees of the board members are reconstituted in the following manner: Audit Committee: Mr. Sandeep Mehta- Independent Chairman; Mr. Sanjeev Joshi- Independent Member; Mrs. Manju Oswal- Non-executive member. Nomination and Remuneration Committee: Mr. Sandeep Mehta- Independent Chairman; Mr. Sanjeev Joshi- Independent Member and Mrs. Manju Oswal- Non-executive member.공시 • Aug 03Vardhman Polytex Limited to Report Q1, 2023 Results on Aug 12, 2022Vardhman Polytex Limited announced that they will report Q1, 2023 results on Aug 12, 2022Reported Earnings • Jun 04Full year 2022 earnings released: ₹6.96 loss per share (vs ₹25.44 loss in FY 2021)Full year 2022 results: ₹6.96 loss per share (up from ₹25.44 loss in FY 2021). Revenue: ₹9.29b (up 83% from FY 2021). Net loss: ₹155.1m (loss narrowed 73% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 15Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: ₹2.90 loss per share (up from ₹6.34 loss in 3Q 2021). Revenue: ₹2.45b (up 62% from 3Q 2021). Net loss: ₹64.6m (loss narrowed 54% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 03Vardhman Polytex Limited to Report Q3, 2022 Results on Feb 12, 2022Vardhman Polytex Limited announced that they will report Q3, 2022 results on Feb 12, 2022Reported Earnings • Nov 16Second quarter 2022 earnings released: ₹0.82 loss per share (vs ₹8.90 loss in 2Q 2021)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: ₹2.16b (up 79% from 2Q 2021). Net loss: ₹18.3m (loss narrowed 91% from 2Q 2021).Reported Earnings • Aug 18First quarter 2022 earnings released: ₹0.20 loss per share (vs ₹9.66 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹1.92b (up 348% from 1Q 2021). Net loss: ₹4.47m (loss narrowed 98% from 1Q 2021).Reported Earnings • Jul 04Full year 2021 earnings released: ₹25.43 loss per share (vs ₹45.68 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹5.09b (down 9.3% from FY 2020). Net loss: ₹567.0m (down 156% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Feb 18New 90-day high: ₹17.33The company is up 122% from its price of ₹7.80 on 20 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 16% over the same period.Reported Earnings • Feb 15Third quarter 2021 earnings released: ₹6.34 loss per share (vs ₹9.01 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: ₹1.51b (up 23% from 3Q 2020). Net loss: ₹141.4m (loss narrowed 30% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.공시 • Feb 03Vardhman Polytex Limited to Report Q3, 2021 Results on Feb 12, 2021Vardhman Polytex Limited announced that they will report Q3, 2021 results on Feb 12, 2021Is New 90 Day High Low • Jan 05New 90-day high: ₹16.11The company is up 105% from its price of ₹7.86 on 07 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 26% over the same period.Is New 90 Day High Low • Dec 09New 90-day high: ₹9.60The company is up 24% from its price of ₹7.75 on 10 September 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 23% over the same period.공시 • Oct 02Vardhman Polytex Limited Announces Resignation of Aarti Sharma from the Position of the Non-Executive Independent DirectorVardhman Polytex Limited announced that Mrs. Aarti Sharma has stepped down from the position of the Non-Executive Independent Director of the company with effect from October 1, 2020.공시 • Oct 01Vardhman Polytex Limited Appoints Hardeep Singh as Additional DirectorVardhman Polytex Limited announced that the Board of Directors of the company has appointed Mr. Hardeep Singh as Additional Director (Non-Executive Independent Director) on the Board of the Company with effect from 30 September, 2020. Mr. Hardeep Singh has Diploma in Civil Engineering and Draughtsman. He is multi- skilled person having rich experience of 10 years in civil construction, interior designing and real estate.공시 • Aug 08Vardhman Polytex Limited to Report Q1, 2021 Results on Aug 14, 2020Vardhman Polytex Limited announced that they will report Q1, 2021 results on Aug 14, 2020공시 • Jun 22Vardhman Polytex Limited to Report Q4, 2020 Results on Jun 29, 2020Vardhman Polytex Limited announced that they will report Q4, 2020 results on Jun 29, 2020매출 및 비용 세부 내역Vardhman Polytex가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이BSE:514175 매출, 비용 및 순이익 (INR Millions)날짜매출순이익일반관리비연구개발비31 Dec 252,53178170030 Sep 252,778317197030 Jun 252,805259223031 Mar 252,850149257031 Dec 242,775149292030 Sep 242,629-39322030 Jun 242,991-386350031 Mar 243,706-268387031 Dec 234,644-356425030 Sep 234,965-244442030 Jun 235,146129439031 Mar 236,15515456031 Dec 227,31927498030 Sep 228,844-204529030 Jun 229,984-255574031 Mar 229,295-156575031 Dec 218,447-99541030 Sep 217,518-176514030 Jun 216,573-356469031 Mar 215,085-567391031 Dec 204,5011,061377030 Sep 204,2201,001371030 Jun 203,992988352031 Mar 205,6091,018460031 Dec 196,386-749497030 Sep 197,184-746528030 Jun 198,216-733589031 Mar 198,108-740580031 Mar 186,410-1,717652031 Mar 179,255-335741031 Mar 169,536-1507500양질의 수익: 514175는 ₹148.5M 규모의 큰 일회성 이익이 있어 31st December, 2025까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: 514175의 현재 순 이익률 (3.1%)은 지난해 (5.4%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 514175는 지난 5년 동안 흑자전환하며 연평균 11.7%의 수익 성장을 기록했습니다.성장 가속화: 514175은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 514175은 지난 1년 동안 수익이 감소(-47.7%)하여 Luxury 업계 평균(14.4%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 514175의 부채가 자산을 초과하여 자본 수익률을 계산하기 어렵습니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-durables 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/23 16:15종가2026/05/22 00:00수익2025/12/31연간 수익2025/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Vardhman Polytex Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • May 20Vardhman Polytex Limited to Report Q4, 2026 Results on May 29, 2026Vardhman Polytex Limited announced that they will report Q4, 2026 results on May 29, 2026
Reported Earnings • Feb 16Third quarter 2026 earnings releasedThird quarter 2026 results: EPS: ₹0.004. Revenue: ₹528.4m (down 30% from 3Q 2025). Net income: ₹1.45m (down 99% from 3Q 2025). Profit margin: 0.3% (down from 32% in 3Q 2025).
공시 • Feb 09Vardhman Polytex Limited to Report Q3, 2026 Results on Feb 14, 2026Vardhman Polytex Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026
Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: ₹0.14 (vs ₹0.02 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.14 (up from ₹0.02 in 2Q 2025). Revenue: ₹634.4m (down 1.5% from 2Q 2025). Net income: ₹64.6m (up ₹58.3m from 2Q 2025). Profit margin: 10% (up from 1.0% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Nov 03Vardhman Polytex Limited to Report Q2, 2026 Results on Nov 14, 2025Vardhman Polytex Limited announced that they will report Q2, 2026 results on Nov 14, 2025
공시 • Aug 09Vardhman Polytex Limited to Report Q1, 2026 Results on Aug 13, 2025Vardhman Polytex Limited announced that they will report Q1, 2026 results on Aug 13, 2025
공시 • May 20Vardhman Polytex Limited to Report Q4, 2026 Results on May 29, 2026Vardhman Polytex Limited announced that they will report Q4, 2026 results on May 29, 2026
공시 • Apr 17Vardhman Polytex Limited announced that it expects to receive INR 250 million in fundingVardhman Polytex Limited announces a private placement to issue and allot unlisted, secured, redeemable and optionally convertible debentures on preferential basis aggregating up to INR 250,000,000 On April 16, 2026.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹7.89, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 137% over the past three years.
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹8.44, the stock trades at a trailing P/E ratio of 49.8x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 372% over the past three years.
New Risk • Feb 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.2% Last year net profit margin: 5.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.02x net interest cover). Share price has been highly volatile over the past 3 months (9.8% average weekly change). Negative equity (-₹2.2b). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (₹3.40b market cap, or US$37.6m).
Reported Earnings • Feb 16Third quarter 2026 earnings releasedThird quarter 2026 results: EPS: ₹0.004. Revenue: ₹528.4m (down 30% from 3Q 2025). Net income: ₹1.45m (down 99% from 3Q 2025). Profit margin: 0.3% (down from 32% in 3Q 2025).
공시 • Feb 09Vardhman Polytex Limited to Report Q3, 2026 Results on Feb 14, 2026Vardhman Polytex Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹6.91, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 310% over the past three years.
New Risk • Jan 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-₹2.2b). High level of non-cash earnings (167% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (₹2.51b market cap, or US$27.7m).
Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹6.55, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 290% over the past three years.
New Risk • Nov 21New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 167% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-₹2.2b). High level of non-cash earnings (167% accrual ratio). Minor Risk Market cap is less than US$100m (₹3.04b market cap, or US$34.3m).
Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: ₹0.14 (vs ₹0.02 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.14 (up from ₹0.02 in 2Q 2025). Revenue: ₹634.4m (down 1.5% from 2Q 2025). Net income: ₹64.6m (up ₹58.3m from 2Q 2025). Profit margin: 10% (up from 1.0% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Nov 03Vardhman Polytex Limited to Report Q2, 2026 Results on Nov 14, 2025Vardhman Polytex Limited announced that they will report Q2, 2026 results on Nov 14, 2025
Valuation Update With 7 Day Price Move • Aug 26Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹8.96, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 340% over the past three years.
공시 • Aug 09Vardhman Polytex Limited to Report Q1, 2026 Results on Aug 13, 2025Vardhman Polytex Limited announced that they will report Q1, 2026 results on Aug 13, 2025
Reported Earnings • Jul 31Full year 2025 earnings released: EPS: ₹0.45 (vs ₹12.01 loss in FY 2024)Full year 2025 results: EPS: ₹0.45 (up from ₹12.01 loss in FY 2024). Revenue: ₹2.85b (down 23% from FY 2024). Net income: ₹149.2m (up ₹416.8m from FY 2024). Profit margin: 5.2% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings.
공시 • Jul 28Vardhman Polytex Limited, Annual General Meeting, Aug 28, 2025Vardhman Polytex Limited, Annual General Meeting, Aug 28, 2025, at 11:00 Indian Standard Time. Location: vardhaman park, chandigarh road, ludhiana - 141123, ludhiana India
New Risk • Jun 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.2x net interest cover). Share price has been highly volatile over the past 3 months (9.2% average weekly change). Negative equity (-₹2.3b). Shareholders have been substantially diluted in the past year (68% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₹5.19b market cap, or US$59.9m).
공시 • May 17Vardhman Polytex Limited to Report Q4, 2025 Results on May 30, 2025Vardhman Polytex Limited announced that they will report Q4, 2025 results on May 30, 2025
공시 • Mar 10Vardhman Polytex Limited Approves the Closure of Operations At Manufacturing Unit of Company Located At Focal Point, LudhianVardhman Polytex Limited informed that the board of directors of the company at its meeting held on March 10, 2025 has considered and approved the closure of operations at manufacturing unit of company located at Focal Point, Ludhiana on account of Management's decision to explore various avenues for the monetization of real estate potential of the land. Date of closure or estimated time of closure: Upto 31st March, 2025; Reason for closure: Monetization of real estate potential of the plant land; Streamlininq the cash flows of the organization.
New Risk • Feb 15New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Negative equity (-₹3.7b). Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹5.28b market cap, or US$60.9m).
Reported Earnings • Feb 15Third quarter 2025 earnings released: EPS: ₹0.68 (vs ₹0.22 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.68 (up from ₹0.22 in 3Q 2024). Revenue: ₹785.1m (up 23% from 3Q 2024). Net income: ₹240.6m (up 353% from 3Q 2024). Profit margin: 31% (up from 8.3% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jan 31Vardhman Polytex Limited to Report Q3, 2025 Results on Feb 11, 2025Vardhman Polytex Limited announced that they will report Q3, 2025 results on Feb 11, 2025
Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: ₹0.02 (vs ₹1.51 loss in 2Q 2024)Second quarter 2025 results: EPS: ₹0.02 (up from ₹1.51 loss in 2Q 2024). Revenue: ₹737.6m (down 28% from 2Q 2024). Net income: ₹6.29m (up ₹347.0m from 2Q 2024). Profit margin: 0.9% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings.
공시 • Nov 09Vardhman Polytex Limited to Report Q2, 2025 Results on Nov 14, 2024Vardhman Polytex Limited announced that they will report Q2, 2025 results on Nov 14, 2024
Reported Earnings • Aug 15First quarter 2025 earnings released: ₹0.39 loss per share (vs ₹0.047 profit in 1Q 2024)First quarter 2025 results: ₹0.39 loss per share (down from ₹0.047 profit in 1Q 2024). Revenue: ₹690.7m (down 56% from 1Q 2024). Net loss: ₹107.5m (down ₹118.0m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 66% per year, which means it is well ahead of earnings.
공시 • Aug 14Vardhman Polytex Limited, Annual General Meeting, Sep 27, 2024Vardhman Polytex Limited, Annual General Meeting, Sep 27, 2024, at 11:00 Indian Standard Time. Location: vardhaman park, chandigarh road, ludhiana-141123, ludhiana India
공시 • Aug 09Vardhman Polytex Limited to Report Q1, 2025 Results on Aug 14, 2024Vardhman Polytex Limited announced that they will report Q1, 2025 results on Aug 14, 2024
공시 • May 22Vardhman Polytex Limited to Report Q4, 2024 Results on May 27, 2024Vardhman Polytex Limited announced that they will report Q4, 2024 results on May 27, 2024
공시 • May 06Vardhman Polytex Limited Announces Resignation of Mr. Sudipta Kumar Bhattacharyya as Senior Vice President (Finance & Strategy)Vardhman Polytex Limited announced that Mr. Sudipta Kumar Bhattacharyya has tendered his resignation from the position of Senior Vice President (Finance & Strategy) and he has been relieved on 03rd May,2024. Resignation due to health conditions of his family members which require dedicated attention.
Reported Earnings • Feb 16Third quarter 2024 earnings released: EPS: ₹2.23 (vs ₹7.41 in 3Q 2023)Third quarter 2024 results: EPS: ₹2.23 (down from ₹7.41 in 3Q 2023). Revenue: ₹636.9m (down 32% from 3Q 2023). Net income: ₹53.1m (down 68% from 3Q 2023). Profit margin: 8.3% (down from 18% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings.
공시 • Feb 05Vardhman Polytex Limited to Report Q3, 2024 Results on Feb 13, 2024Vardhman Polytex Limited announced that they will report Q3, 2024 results at 3:30 PM, Indian Standard Time on Feb 13, 2024
Reported Earnings • Nov 10Second quarter 2024 earnings released: ₹15.12 loss per share (vs ₹1.47 profit in 2Q 2023)Second quarter 2024 results: ₹15.12 loss per share (down from ₹1.47 profit in 2Q 2023). Revenue: ₹1.02b (flat on 2Q 2023). Net loss: ₹340.7m (down ₹373.3m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 94% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹60.10, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 681% over the past three years.
공시 • Sep 15Vardhman Polytex Limited Announces Resignation of Sanjeev Joshi as Independent DirectorVardhman Polytex Limited announced that Mr. Sanjeev Joshi, Independent Director has tendered his resignation from position of Independent Director of the company with immediate effect due to his other professional commitments as mentioned in the enclosed resignation letter dated 14 September 2023. Resignation by Mr. Sanjeev Joshi due to his other professional commitments.
New Risk • Sep 10New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.0% operating cash flow to total debt). Negative equity (-₹3.6b). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (9.0% increase in shares outstanding). Market cap is less than US$100m (₹1.52b market cap, or US$18.3m).
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹70.75, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 666% over the past three years.
공시 • Aug 20Vardhman Polytex Limited Approves the Appointment of Sanchi Director as Independent DirectorVardhman Polytex Limited approved the appointment of Sanchi Director as independent director, at the AGM held on August 18, 2023.
공시 • Aug 03Vardhman Polytex Limited to Report Q1, 2024 Results on Aug 08, 2023Vardhman Polytex Limited announced that they will report Q1, 2024 results on Aug 08, 2023
Board Change • Aug 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Additional Non-Executive Independent Director Sanchi Taneja was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 27Full year 2023 earnings released: EPS: ₹0.67 (vs ₹6.98 loss in FY 2022)Full year 2023 results: EPS: ₹0.67 (up from ₹6.98 loss in FY 2022). Revenue: ₹6.20b (down 33% from FY 2022). Net income: ₹14.9m (up ₹170.5m from FY 2022). Profit margin: 0.2% (up from net loss in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 187 percentage points per year, which is a significant difference in performance.
공시 • Jul 21Vardhman Polytex Limited Announces Reconstitution of CommitteesVardhman Polytex Limited announced that at its board meeting held on July 18, 2023, Committees of the board members are reconstituted in the following manner: Audit Committee: Mr. Sandeep Mehta – Independent Chairman, Mrs. Sanchi Taneja – Independent Member, Mrs. Manju Oswal – Non-executive Member; Nomination and Remuneration Committee: Mr. Sandeep Mehta - Independent Chairman, Mrs. Sanchi Taneja – Independent Member, Mrs. Manju Oswal – Non-executive Member.
Reported Earnings • Jun 01Full year 2023 earnings released: EPS: ₹0.67 (vs ₹6.96 loss in FY 2022)Full year 2023 results: EPS: ₹0.67 (up from ₹6.96 loss in FY 2022). Revenue: ₹6.22b (down 33% from FY 2022). Net income: ₹14.9m (up ₹170.0m from FY 2022). Profit margin: 0.2% (up from net loss in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 242 percentage points per year, which is a significant difference in performance.
공시 • May 23Vardhman Polytex Limited to Report Q4, 2023 Results on May 30, 2023Vardhman Polytex Limited announced that they will report Q4, 2023 results on May 30, 2023
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹43.72, the stock trades at a trailing P/E ratio of 36.6x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 1,434% over the past three years.
공시 • May 19Vardhman Polytex Limited announced that it expects to receive funding from Sahi Trading Private LimitedVardhman Polytex Limited announced a private placement of 3,250,000 prepaid warrants at a price of INR 40.50 for the gross proceeds of INR ?131,625,000. The transaction involved participation from new investors Sahi Trading Private Limited for 2,50,000 warrants, Saajan Subhash Rathod for 2,50,000 warrants, Mavank Subhash Rathod 2,50,000 warrants, Ruchi Gupta for 2,50,000 warrants, Anupama Kothari for 12,50,000 warants, Rqqinder Pal Singh for 3,75,000 warrants and E$ot Singh Chawla for 3,75,000 warrants.?
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 38%After last week's 38% share price gain to ₹37.71, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 956% over the past three years.
Valuation Update With 7 Day Price Move • Mar 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹25.05, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 508% over the past three years.
Reported Earnings • Feb 14Third quarter 2023 earnings released: EPS: ₹7.41 (vs ₹2.90 loss in 3Q 2022)Third quarter 2023 results: EPS: ₹7.41 (up from ₹2.90 loss in 3Q 2022). Revenue: ₹937.2m (down 62% from 3Q 2022). Net income: ₹165.2m (up ₹229.8m from 3Q 2022). Profit margin: 18% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 111% per year, which means it is well ahead of earnings.
공시 • Jan 27Vardhman Polytex Limited to Report Q3, 2023 Results on Feb 13, 2023Vardhman Polytex Limited announced that they will report Q3, 2023 results on Feb 13, 2023
Reported Earnings • Nov 19Second quarter 2023 earnings released: EPS: ₹1.47 (vs ₹0.82 loss in 2Q 2022)Second quarter 2023 results: EPS: ₹1.47 (up from ₹0.82 loss in 2Q 2022). Revenue: ₹1.02b (down 53% from 2Q 2022). Net income: ₹32.7m (up ₹50.9m from 2Q 2022). Profit margin: 3.2% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 102% per year, which means it is well ahead of earnings.
공시 • Nov 05Vardhman Polytex Limited to Report Q2, 2023 Results on Nov 14, 2022Vardhman Polytex Limited announced that they will report Q2, 2023 results on Nov 14, 2022
Reported Earnings • Sep 05Full year 2022 earnings released: ₹6.96 loss per share (vs ₹25.44 loss in FY 2021)Full year 2022 results: ₹6.96 loss per share (improved from ₹25.44 loss in FY 2021). Revenue: ₹9.29b (up 83% from FY 2021). Net loss: ₹155.1m (loss narrowed 73% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 103% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Aug 17Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Additional Independent Non Executive Director Sandeep Mehta was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Aug 13+ 1 more updateVardhman Polytex Limited Announces Directorate ChangesVardhman Polytex Limited announced that at the board meeting held on August 12, 2022 announced that Mr. Sanjeev Joshi has been appointed with effect from August 12, 2022 as Additional Director under category of Non-Executive Independent Director of the company to hold office of director till the conclusion of upcoming Annual General Meeting. Mr. Sagar Bhatia has been appointed with effect from August 12, 2022 as Additional Director under category of Non-Executive Independent Director of the company to hold office of director till the conclusion of upcoming Annual General Meeting. Mr. Varun Kumar Choudhary, Independent Director has tendered his resignation from position of Independent Director of the company with effect from August 12, 2022 due to his other professional commitments as mentioned in the enclosed resignation letter dated August 12, 2022. Mr. Hardeep Singh, Independent Director has tendered his resignation from position of Independent Director of the company with effect from August 12, 2022 due to his personal and professional commitments as mentioned in the enclosed resignation letter dated August 12, 2022. Consequent upon the above stated changes in directors, committees of the board members are reconstituted in the following manner: Audit Committee: Mr. Sandeep Mehta- Independent Chairman; Mr. Sanjeev Joshi- Independent Member; Mrs. Manju Oswal- Non-executive member. Nomination and Remuneration Committee: Mr. Sandeep Mehta- Independent Chairman; Mr. Sanjeev Joshi- Independent Member and Mrs. Manju Oswal- Non-executive member.
공시 • Aug 03Vardhman Polytex Limited to Report Q1, 2023 Results on Aug 12, 2022Vardhman Polytex Limited announced that they will report Q1, 2023 results on Aug 12, 2022
Reported Earnings • Jun 04Full year 2022 earnings released: ₹6.96 loss per share (vs ₹25.44 loss in FY 2021)Full year 2022 results: ₹6.96 loss per share (up from ₹25.44 loss in FY 2021). Revenue: ₹9.29b (up 83% from FY 2021). Net loss: ₹155.1m (loss narrowed 73% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 15Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: ₹2.90 loss per share (up from ₹6.34 loss in 3Q 2021). Revenue: ₹2.45b (up 62% from 3Q 2021). Net loss: ₹64.6m (loss narrowed 54% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 03Vardhman Polytex Limited to Report Q3, 2022 Results on Feb 12, 2022Vardhman Polytex Limited announced that they will report Q3, 2022 results on Feb 12, 2022
Reported Earnings • Nov 16Second quarter 2022 earnings released: ₹0.82 loss per share (vs ₹8.90 loss in 2Q 2021)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: ₹2.16b (up 79% from 2Q 2021). Net loss: ₹18.3m (loss narrowed 91% from 2Q 2021).
Reported Earnings • Aug 18First quarter 2022 earnings released: ₹0.20 loss per share (vs ₹9.66 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹1.92b (up 348% from 1Q 2021). Net loss: ₹4.47m (loss narrowed 98% from 1Q 2021).
Reported Earnings • Jul 04Full year 2021 earnings released: ₹25.43 loss per share (vs ₹45.68 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹5.09b (down 9.3% from FY 2020). Net loss: ₹567.0m (down 156% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Feb 18New 90-day high: ₹17.33The company is up 122% from its price of ₹7.80 on 20 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 16% over the same period.
Reported Earnings • Feb 15Third quarter 2021 earnings released: ₹6.34 loss per share (vs ₹9.01 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: ₹1.51b (up 23% from 3Q 2020). Net loss: ₹141.4m (loss narrowed 30% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
공시 • Feb 03Vardhman Polytex Limited to Report Q3, 2021 Results on Feb 12, 2021Vardhman Polytex Limited announced that they will report Q3, 2021 results on Feb 12, 2021
Is New 90 Day High Low • Jan 05New 90-day high: ₹16.11The company is up 105% from its price of ₹7.86 on 07 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 26% over the same period.
Is New 90 Day High Low • Dec 09New 90-day high: ₹9.60The company is up 24% from its price of ₹7.75 on 10 September 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 23% over the same period.
공시 • Oct 02Vardhman Polytex Limited Announces Resignation of Aarti Sharma from the Position of the Non-Executive Independent DirectorVardhman Polytex Limited announced that Mrs. Aarti Sharma has stepped down from the position of the Non-Executive Independent Director of the company with effect from October 1, 2020.
공시 • Oct 01Vardhman Polytex Limited Appoints Hardeep Singh as Additional DirectorVardhman Polytex Limited announced that the Board of Directors of the company has appointed Mr. Hardeep Singh as Additional Director (Non-Executive Independent Director) on the Board of the Company with effect from 30 September, 2020. Mr. Hardeep Singh has Diploma in Civil Engineering and Draughtsman. He is multi- skilled person having rich experience of 10 years in civil construction, interior designing and real estate.
공시 • Aug 08Vardhman Polytex Limited to Report Q1, 2021 Results on Aug 14, 2020Vardhman Polytex Limited announced that they will report Q1, 2021 results on Aug 14, 2020
공시 • Jun 22Vardhman Polytex Limited to Report Q4, 2020 Results on Jun 29, 2020Vardhman Polytex Limited announced that they will report Q4, 2020 results on Jun 29, 2020