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Vedant Fashions NSEI:MANYAVAR Stock Report

Last Price

₹1.29k

Market Cap

₹313.7b

7D

1.3%

1Y

-2.5%

Updated

17 Sep, 2024

Data

Company Financials +

Vedant Fashions Limited

NSEI:MANYAVAR Stock Report

Market Cap: ₹313.7b

MANYAVAR Stock Overview

Engages in the manufacture, trade, and sale of wedding and celebration wear in India and internationally.

MANYAVAR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
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₹1,286.05
52 Week High₹1,487.90
52 Week Low₹886.05
Beta-0.33
11 Month Change14.67%
3 Month Change9.61%
1 Year Change-2.46%
33 Year Changen/a
5 Year Changen/a
Change since IPO37.76%

Recent News & Updates

Recent updates

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

Shareholder Returns

MANYAVARIN LuxuryIN Market
7D1.3%2.9%1.8%
1Y-2.5%21.3%41.1%

Return vs Industry: MANYAVAR underperformed the Indian Luxury industry which returned 21.3% over the past year.

Return vs Market: MANYAVAR underperformed the Indian Market which returned 41.1% over the past year.

Price Volatility

Is MANYAVAR's price volatile compared to industry and market?
MANYAVAR volatility
MANYAVAR Average Weekly Movement4.0%
Luxury Industry Average Movement6.5%
Market Average Movement6.3%
10% most volatile stocks in IN Market9.5%
10% least volatile stocks in IN Market3.8%

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

Volatility Over Time: MANYAVAR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999754Ravi Modiwww.vedantfashions.com

Vedant Fashions Limited engages in the manufacture, trade, and sale of wedding and celebration wear in India and internationally. The company’s products include men’s ethnic and celebration wear items, such as kurta sets, Indo-Western sets, sherwani sets, short kurta and Jodhpuri products, jackets, and accessories; women’s ethnic and celebration wear items, including lehengas, sarees, stitched suits, crop top lehengas, gowns, and accessories; and kurta sets, jackets, and Indo-Western products 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₹313.65b
Earnings (TTM)₹3.85b
Revenue (TTM)₹12.96b

81.2x

P/E Ratio

24.1x

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