Vedant Fashions Limited

NSEI:MANYAVAR Stock Report

Market Cap: ₹152.1b

Vedant Fashions Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Ravi Modi

Chief executive officer

₹34.8m

Total compensation

CEO salary percentage86.21%
CEO tenure23.5yrs
CEO ownership16.7%
Management average tenure4.3yrs
Board average tenure6.2yrs

Recent management updates

Vedant Fashions Limited's (NSE:MANYAVAR) CEO Will Probably Find It Hard To See A Huge Raise This Year

Aug 29
Vedant Fashions Limited's (NSE:MANYAVAR) CEO Will Probably Find It Hard To See A Huge Raise This Year

Recent updates

Earnings Troubles May Signal Larger Issues for Vedant Fashions (NSE:MANYAVAR) Shareholders

Nov 07
Earnings Troubles May Signal Larger Issues for Vedant Fashions (NSE:MANYAVAR) Shareholders

Analysts Are Updating Their Vedant Fashions Limited (NSE:MANYAVAR) Estimates After Its Second-Quarter Results

Nov 02
Analysts Are Updating Their Vedant Fashions Limited (NSE:MANYAVAR) Estimates After Its Second-Quarter Results

Vedant Fashions Limited's (NSE:MANYAVAR) Shares May Have Run Too Fast Too Soon

Sep 25
Vedant Fashions Limited's (NSE:MANYAVAR) Shares May Have Run Too Fast Too Soon

These 4 Measures Indicate That Vedant Fashions (NSE:MANYAVAR) Is Using Debt Safely

Aug 29
These 4 Measures Indicate That Vedant Fashions (NSE:MANYAVAR) Is Using Debt Safely

Vedant Fashions Limited's (NSE:MANYAVAR) CEO Will Probably Find It Hard To See A Huge Raise This Year

Aug 29
Vedant Fashions Limited's (NSE:MANYAVAR) CEO Will Probably Find It Hard To See A Huge Raise This Year

Vedant Fashions Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Aug 02
Vedant Fashions Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Vedant Fashions Limited's (NSE:MANYAVAR) Shares May Have Run Too Fast Too Soon

Jun 15
Vedant Fashions Limited's (NSE:MANYAVAR) Shares May Have Run Too Fast Too Soon

Vedant Fashions (NSE:MANYAVAR) Has A Pretty Healthy Balance Sheet

Mar 01
Vedant Fashions (NSE:MANYAVAR) Has A Pretty Healthy Balance Sheet

Vedant Fashions Limited Just Missed Earnings - But Analysts Have Updated Their Models

Feb 02
Vedant Fashions Limited Just Missed Earnings - But Analysts Have Updated Their Models

Vedant Fashions Limited's (NSE:MANYAVAR) Stock Retreats 27% But Earnings Haven't Escaped The Attention Of Investors

Feb 01
Vedant Fashions Limited's (NSE:MANYAVAR) Stock Retreats 27% But Earnings Haven't Escaped The Attention Of Investors

Capital Investment Trends At Vedant Fashions (NSE:MANYAVAR) Look Strong

Jan 23
Capital Investment Trends At Vedant Fashions (NSE:MANYAVAR) Look Strong
User avatar

Tactical Network Expansion And Celebrity Campaigns Will Boost Sales And Drive Earnings Growth

Strategic marketing and celebrity endorsements are poised to elevate brand visibility and sales, supporting revenue growth.

Vedant Fashions' (NSE:MANYAVAR) Profits Appear To Have Quality Issues

Nov 06
Vedant Fashions' (NSE:MANYAVAR) Profits Appear To Have Quality Issues

Vedant Fashions Limited's (NSE:MANYAVAR) Earnings Haven't Escaped The Attention Of Investors

Oct 23
Vedant Fashions Limited's (NSE:MANYAVAR) Earnings Haven't Escaped The Attention Of Investors

Capital Investment Trends At Vedant Fashions (NSE:MANYAVAR) Look Strong

Sep 15
Capital Investment Trends At Vedant Fashions (NSE:MANYAVAR) Look Strong

Vedant Fashions (NSE:MANYAVAR) Is Paying Out Less In Dividends Than Last Year

Aug 15
Vedant Fashions (NSE:MANYAVAR) Is Paying Out Less In Dividends Than Last Year

Earnings Miss: Vedant Fashions Limited Missed EPS By 35% And Analysts Are Revising Their Forecasts

Aug 03
Earnings Miss: Vedant Fashions Limited Missed EPS By 35% And Analysts Are Revising Their Forecasts

Vedant Fashions (NSE:MANYAVAR) Is Reducing Its Dividend To ₹8.50

Aug 01
Vedant Fashions (NSE:MANYAVAR) Is Reducing Its Dividend To ₹8.50

Some Confidence Is Lacking In Vedant Fashions Limited's (NSE:MANYAVAR) P/E

Jul 12
Some Confidence Is Lacking In Vedant Fashions Limited's (NSE:MANYAVAR) P/E

Capital Investment Trends At Vedant Fashions (NSE:MANYAVAR) Look Strong

Jun 07
Capital Investment Trends At Vedant Fashions (NSE:MANYAVAR) Look Strong

Analysts Are Updating Their Vedant Fashions Limited (NSE:MANYAVAR) Estimates After Its Full-Year Results

May 03
Analysts Are Updating Their Vedant Fashions Limited (NSE:MANYAVAR) Estimates After Its Full-Year Results

Getting In Cheap On Vedant Fashions Limited (NSE:MANYAVAR) Is Unlikely

Mar 21
Getting In Cheap On Vedant Fashions Limited (NSE:MANYAVAR) Is Unlikely

Vedant Fashions (NSE:MANYAVAR) Is Aiming To Keep Up Its Impressive Returns

Feb 23
Vedant Fashions (NSE:MANYAVAR) Is Aiming To Keep Up Its Impressive Returns

Vedant Fashions (NSE:MANYAVAR) Is Aiming To Keep Up Its Impressive Returns

Nov 09
Vedant Fashions (NSE:MANYAVAR) Is Aiming To Keep Up Its Impressive Returns

Vedant Fashions' (NSE:MANYAVAR) Dividend Will Be Increased To ₹9.00

Aug 12
Vedant Fashions' (NSE:MANYAVAR) Dividend Will Be Increased To ₹9.00

Vedant Fashions' (NSE:MANYAVAR) Upcoming Dividend Will Be Larger Than Last Year's

Jul 29
Vedant Fashions' (NSE:MANYAVAR) Upcoming Dividend Will Be Larger Than Last Year's

Vedant Fashions (NSE:MANYAVAR) Is Reinvesting To Multiply In Value

Jul 13
Vedant Fashions (NSE:MANYAVAR) Is Reinvesting To Multiply In Value

Do Vedant Fashions' (NSE:MANYAVAR) Earnings Warrant Your Attention?

Jun 22
Do Vedant Fashions' (NSE:MANYAVAR) Earnings Warrant Your Attention?

Vedant Fashions Limited's (NSE:MANYAVAR) Business Is Trailing The Market But Its Shares Aren't

May 11
Vedant Fashions Limited's (NSE:MANYAVAR) Business Is Trailing The Market But Its Shares Aren't

Shareholders Would Enjoy A Repeat Of Vedant Fashions' (NSE:MANYAVAR) Recent Growth In Returns

Mar 29
Shareholders Would Enjoy A Repeat Of Vedant Fashions' (NSE:MANYAVAR) Recent Growth In Returns

Is Now The Time To Put Vedant Fashions (NSE:MANYAVAR) On Your Watchlist?

Mar 11
Is Now The Time To Put Vedant Fashions (NSE:MANYAVAR) On Your Watchlist?

Vedant Fashions Limited (NSE:MANYAVAR) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹1,223

Aug 11
Vedant Fashions Limited (NSE:MANYAVAR) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹1,223

We Think That There Are Issues Underlying Vedant Fashions' (NSE:MANYAVAR) Earnings

May 17
We Think That There Are Issues Underlying Vedant Fashions' (NSE:MANYAVAR) Earnings

CEO Compensation Analysis

How has Ravi Modi's remuneration changed compared to Vedant Fashions's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

₹4b

Jun 30 2025n/an/a

₹4b

Mar 31 2025₹35m₹30m

₹4b

Dec 31 2024n/an/a

₹4b

Sep 30 2024n/an/a

₹4b

Jun 30 2024n/an/a

₹4b

Mar 31 2024₹45m₹30m

₹4b

Dec 31 2023n/an/a

₹4b

Sep 30 2023n/an/a

₹4b

Jun 30 2023n/an/a

₹4b

Mar 31 2023₹82m₹82m

₹4b

Dec 31 2022n/an/a

₹4b

Sep 30 2022n/an/a

₹4b

Jun 30 2022n/an/a

₹4b

Mar 31 2022₹129m₹129m

₹3b

Dec 31 2021n/an/a

₹3b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹2b

Mar 31 2021₹59m₹59m

₹1b

Mar 31 2020₹110m₹110m

₹2b

Mar 31 2019₹95m₹95m

₹2b

Compensation vs Market: Ravi's total compensation ($USD392.75K) is about average for companies of similar size in the Indian market ($USD539.87K).

Compensation vs Earnings: Ravi's compensation has been consistent with company performance over the past year.


CEO

Ravi Modi (48 yo)

23.5yrs
Tenure
₹34,800,000
Compensation

Mr. Ravi Modi is Founder of Vedant Fashions Limited and serves as its Managing Director and Chairman. Mr. Modi has been a Director of Vedant Fashions Limited since May 24, 2002. Mr. Modi has studied commer...


Leadership Team

NamePositionTenureCompensationOwnership
Ravi Modi
Founderno data₹34.80m16.7%
₹ 25.4b
Rahul Murarka
Chief Financial Officer4.5yrs₹9.00mno data
Navin Pareek
Company Secretary & Compliance Officerno data₹3.95mno data
Shilpi Modi
Whole-time Directorno data₹23.20m1.09%
₹ 1.7b
Sushil Agarwal
Chief Information Officer4.3yrs₹6.50mno data
Anand Narang
Chief Marketing & Digital Officer2.2yrsno datano data
Amar Sethia
Chief Product Officerno data₹9.56mno data
Ajay Modi
Chief Supply Chain Officer4.3yrs₹4.42mno data
S. Raza
Chief of Retail Business Development & Projects4.3yrs₹4.08mno data
Vedant Modi
Chief Revenue Officer2.2yrsno datano data
4.3yrs
Average Tenure
47.5yo
Average Age

Experienced Management: MANYAVAR's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ravi Modi
Founder23.5yrs₹34.80m16.7%
₹ 25.4b
Shilpi Modi
Whole-time Director23.5yrs₹23.20m1.09%
₹ 1.7b
Sunish Sharma
Non-Executive Director8.3yrs₹3.00mno data
Manish Choksi
Independent Director4.2yrs₹3.00mno data
Abanti Mitra
Independent Director4.2yrs₹3.00mno data
Tarun Puri
Independent Director4.2yrs₹3.00mno data
6.2yrs
Average Tenure
49yo
Average Age

Experienced Board: MANYAVAR's board of directors are considered experienced (6.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/17 01:27
End of Day Share Price 2025/11/17 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vedant Fashions Limited is covered by 18 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAntique Stockbroking Ltd.
Tejash ShahAvendus Spark
Vijayaraghavan SwaminathanAvendus Spark