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Vedant Fashions NSEI:MANYAVAR Stock Report

Last Price

₹1.15k

Market Cap

₹279.5b

7D

7.5%

1Y

-8.4%

Updated

01 Aug, 2024

Data

Company Financials +

Vedant Fashions Limited

NSEI:MANYAVAR Stock Report

Market Cap: ₹279.5b

MANYAVAR Stock Overview

Engages in manufacture and trading of wedding and celebration wear in India and internationally.

MANYAVAR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance3/6
Financial Health5/6
Dividends3/6

Vedant Fashions Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vedant Fashions
Historical stock prices
Current Share Price₹1,150.05
52 Week High₹1,487.90
52 Week Low₹886.05
Beta-0.34
11 Month Change4.71%
3 Month Change23.32%
1 Year Change-8.37%
33 Year Changen/a
5 Year Changen/a
Change since IPO23.19%

Recent News & Updates

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

Recent updates

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

Shareholder Returns

MANYAVARIN LuxuryIN Market
7D7.5%1.5%2.8%
1Y-8.4%27.7%47.6%

Return vs Industry: MANYAVAR underperformed the Indian Luxury industry which returned 27.7% over the past year.

Return vs Market: MANYAVAR underperformed the Indian Market which returned 47.6% over the past year.

Price Volatility

Is MANYAVAR's price volatile compared to industry and market?
MANYAVAR volatility
MANYAVAR Average Weekly Movement4.6%
Luxury Industry Average Movement6.3%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.6%
10% least volatile stocks in IN Market4.2%

Stable Share Price: MANYAVAR has not had significant price volatility in the past 3 months.

Volatility Over Time: MANYAVAR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002744Ravi Modiwww.vedantfashions.com

Vedant Fashions Limited engages in manufacture and trading of wedding and celebration wear in India and internationally. The company’s products include men’s ethnic and celebration wear items, such as Indo-western, sherwanis, and kurtas; jackets and accessories; women’s ethnic and celebration wear items consisting of lehengas, sarees, stitched suits, and kurtis; and lehengas, gowns, frocks, kurtas, suits and accessories for kids. It offers its products under the Manyavar, Twamev, Manthan, Mohey and Mebaz brands.

Vedant Fashions Limited Fundamentals Summary

How do Vedant Fashions's earnings and revenue compare to its market cap?
MANYAVAR fundamental statistics
Market cap₹279.45b
Earnings (TTM)₹3.85b
Revenue (TTM)₹12.96b

72.6x

P/E Ratio

21.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MANYAVAR income statement (TTM)
Revenue₹12.96b
Cost of Revenue₹3.55b
Gross Profit₹9.41b
Other Expenses₹5.56b
Earnings₹3.85b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)15.84
Gross Margin72.61%
Net Profit Margin29.69%
Debt/Equity Ratio27.7%

How did MANYAVAR perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

50%

Payout Ratio

Does MANYAVAR pay a reliable dividends?

See MANYAVAR dividend history and benchmarks
When do you need to buy MANYAVAR by to receive an upcoming dividend?
Vedant Fashions dividend dates
Ex Dividend DateAug 23 2024
Dividend Pay DateSep 29 2024
Days until Ex dividend21 days
Days until Dividend pay date58 days

Does MANYAVAR pay a reliable dividends?

See MANYAVAR dividend history and benchmarks
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