Vardhman Textiles Limited, together with its subsidiaries, manufactures and sells textiles and fibre in India, rest of Asia, the United States, Europe, and the Middle East.
Vardhman Textiles Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹1,918.75|
|52 Week High||₹731.35|
|52 Week Low||₹2,145.00|
|1 Month Change||0.48%|
|3 Month Change||16.66%|
|1 Year Change||159.22%|
|3 Year Change||89.82%|
|5 Year Change||75.66%|
|Change since IPO||6,919.82%|
Recent News & Updates
|502986||IN Luxury||IN Market|
Return vs Industry: 502986 exceeded the Indian Luxury industry which returned 111.3% over the past year.
Return vs Market: 502986 exceeded the Indian Market which returned 68.3% over the past year.
Stable Share Price: 502986 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 502986's weekly volatility (6%) has been stable over the past year.
About the Company
Vardhman Textiles Limited, together with its subsidiaries, manufactures and sells textiles and fibre in India, rest of Asia, the United States, Europe, and the Middle East. It offers yarns, fabrics, fibers, threads, and garments. The company also provides specialized greige and dyed yarns in cotton, polyester, acrylic, and various blends; and value added products, such as organic cotton, melange, core spun yarns, ultra yarns, gassed mercerized, super fine yarns, slub and cellulose yarns, and fancy yarns for hand knitting.
Vardhman Textiles Fundamentals Summary
|502986 fundamental statistics|
Is 502986 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|502986 income statement (TTM)|
|Cost of Revenue||₹43.49b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||136.75|
|Net Profit Margin||10.88%|
How did 502986 perform over the long term?See historical performance and comparison
0.9%Current Dividend Yield
Is Vardhman Textiles undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 502986 (₹1918.75) is trading below our estimate of fair value (₹5475.99)
Significantly Below Fair Value: 502986 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 502986 is good value based on its PE Ratio (14x) compared to the Indian Luxury industry average (16.4x).
PE vs Market: 502986 is good value based on its PE Ratio (14x) compared to the Indian market (22.2x).
Price to Earnings Growth Ratio
PEG Ratio: 502986 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 502986 is overvalued based on its PB Ratio (1.7x) compared to the IN Luxury industry average (1.2x).
How is Vardhman Textiles forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 502986's forecast earnings growth (22.9% per year) is above the savings rate (6.7%).
Earnings vs Market: 502986's earnings (22.9% per year) are forecast to grow faster than the Indian market (19.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 502986's revenue (12.7% per year) is forecast to grow slower than the Indian market (12.8% per year).
High Growth Revenue: 502986's revenue (12.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 502986's Return on Equity is forecast to be high in 3 years time
How has Vardhman Textiles performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 502986 has high quality earnings.
Growing Profit Margin: 502986's current net profit margins (10.9%) are higher than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: 502986's earnings have declined by 9.5% per year over the past 5 years.
Accelerating Growth: 502986's earnings growth over the past year (98.6%) exceeds its 5-year average (-9.5% per year).
Earnings vs Industry: 502986 earnings growth over the past year (98.6%) exceeded the Luxury industry 73.8%.
Return on Equity
High ROE: 502986's Return on Equity (12.2%) is considered low.
How is Vardhman Textiles's financial position?
Financial Position Analysis
Short Term Liabilities: 502986's short term assets (₹52.0B) exceed its short term liabilities (₹14.3B).
Long Term Liabilities: 502986's short term assets (₹52.0B) exceed its long term liabilities (₹15.9B).
Debt to Equity History and Analysis
Debt Level: 502986's debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: 502986's debt to equity ratio has reduced from 65.6% to 28% over the past 5 years.
Debt Coverage: 502986's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 502986's interest payments on its debt are well covered by EBIT (8.8x coverage).
What is Vardhman Textiles's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 502986's dividend (0.91%) is higher than the bottom 25% of dividend payers in the Indian market (0.33%).
High Dividend: 502986's dividend (0.91%) is low compared to the top 25% of dividend payers in the Indian market (1.36%).
Stability and Growth of Payments
Stable Dividend: 502986's dividend payments have been volatile in the past 10 years.
Growing Dividend: 502986's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.5%), 502986's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shri Oswal (79 yo)
Mr. Shri Paul Oswal, M.Com. has been the Executive Chairman of Vardhman Textiles Limited since June 1, 2005 and its Managing Director since June 17, 2005. Mr. Oswal has been the Managing Director of Vardhm...
CEO Compensation Analysis
Compensation vs Market: Shri's total compensation ($USD1.23M) is above average for companies of similar size in the Indian market ($USD409.39K).
Compensation vs Earnings: Shri's compensation has increased by more than 20% in the past year.
Experienced Management: 502986's management team is seasoned and experienced (6 years average tenure).
Experienced Board: 502986's board of directors are seasoned and experienced ( 12.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 502986 insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Vardhman Textiles Limited's employee growth, exchange listings and data sources
- Name: Vardhman Textiles Limited
- Ticker: 502986
- Exchange: BSE
- Founded: 1965
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹110.690b
- Shares outstanding: 57.69m
- Website: https://www.vardhman.com
Number of Employees
- Vardhman Textiles Limited
- Vardhman Premises
- Chandigarh Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:33|
|End of Day Share Price||2021/10/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.