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5004

Vardhman HoldingsBSE:500439 Stock Report

Market Cap

₹10.2b

7D

3.0%

1Y

154.5%

Updated

16 Oct, 2021

Data

Company Financials
500439 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

500439 Overview

Vardhman Holdings Limited operates as a non-banking financial company in India.

Price History & Performance

Summary of all time highs, changes and price drops for Vardhman Holdings
Historical stock prices
Current Share Price₹3,180.60
52 Week High₹1,203.00
52 Week Low₹3,810.40
Beta0.87
1 Month Change1.37%
3 Month Change-1.94%
1 Year Change154.46%
3 Year Change45.37%
5 Year Change58.93%
Change since IPO13,728.70%

Recent News & Updates

Shareholder Returns

500439IN Diversified FinancialIN Market
7D3.0%3.8%2.3%
1Y154.5%135.5%68.3%

Return vs Industry: 500439 exceeded the Indian Diversified Financial industry which returned 135.5% over the past year.

Return vs Market: 500439 exceeded the Indian Market which returned 68.3% over the past year.

Price Volatility

Is 500439's price volatile compared to industry and market?
500439 volatility
500439 Beta0.87
Industry Beta1.13
Market Beta1

Stable Share Price: 500439 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 500439's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19623Shri Oswalhttps://www.vardhman.com

Vardhman Holdings Limited operates as a non-banking financial company in India. It primarily engages in the lending and investing activities. The company was formerly known as Vardhman Spinning and General Mills Limited and changed its name to Vardhman Holdings Limited in March 2006.

Vardhman Holdings Fundamentals Summary

How do Vardhman Holdings's earnings and revenue compare to its market cap?
500439 fundamental statistics
Market Cap₹10.15b
Earnings (TTM)₹2.31b
Revenue (TTM)₹176.50m

4.4x

P/E Ratio

57.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500439 income statement (TTM)
Revenue₹176.50m
Cost of Revenue₹0
Gross Profit₹176.50m
Expenses-₹2.14b
Earnings₹2.31b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)724.57
Gross Margin100.00%
Net Profit Margin1,310.20%
Debt/Equity Ratio0.0%

How did 500439 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

0.69%

Payout Ratio

Valuation

Is Vardhman Holdings undervalued compared to its fair value and its price relative to the market?

4.39x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 500439 (₹3180.6) is trading above our estimate of fair value (₹1446.14)

Significantly Below Fair Value: 500439 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500439 is good value based on its PE Ratio (4.4x) compared to the Indian Diversified Financial industry average (17.7x).

PE vs Market: 500439 is good value based on its PE Ratio (4.4x) compared to the Indian market (22.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500439's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500439 is good value based on its PB Ratio (0.4x) compared to the IN Diversified Financial industry average (0.8x).


Future Growth

How is Vardhman Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.0%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Vardhman Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Vardhman Holdings performed over the past 5 years?

3.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500439 has high quality earnings.

Growing Profit Margin: 500439's current net profit margins are higher than last year .


Past Earnings Growth Analysis

Earnings Trend: 500439's earnings have grown by 3.1% per year over the past 5 years.

Accelerating Growth: 500439's earnings growth over the past year (105.5%) exceeds its 5-year average (3.1% per year).

Earnings vs Industry: 500439 earnings growth over the past year (105.5%) exceeded the Diversified Financial industry 19.8%.


Return on Equity

High ROE: 500439's Return on Equity (10%) is considered low.


Financial Health

How is Vardhman Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 500439's short term assets (₹2.4B) exceed its short term liabilities (₹15.2M).

Long Term Liabilities: 500439's short term assets (₹2.4B) exceed its long term liabilities (₹290.0K).


Debt to Equity History and Analysis

Debt Level: 500439 is debt free.

Reducing Debt: 500439 has not had any debt for past 5 years.

Debt Coverage: 500439 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 500439 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Vardhman Holdings's current dividend yield, its reliability and sustainability?

0.16%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 500439's dividend (0.16%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.33%).

High Dividend: 500439's dividend (0.16%) is low compared to the top 25% of dividend payers in the Indian market (1.35%).


Stability and Growth of Payments

Stable Dividend: 500439 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: 500439 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 500439 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 500439's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Shri Oswal (79 yo)

5.17yrs

Tenure

₹3,866,000

Compensation

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 ($USD51.55K) is above average for companies of similar size in the Indian market ($USD38.75K).

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


Leadership Team

Experienced Management: 500439's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: 500439's board of directors are seasoned and experienced ( 13.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Vardhman Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Vardhman Holdings Limited
  • Ticker: 500439
  • Exchange: BSE
  • Founded: 1962
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Market Cap: ₹10.151b
  • Shares outstanding: 3.19m
  • Website: https://www.vardhman.com

Number of Employees


Location

  • Vardhman Holdings Limited
  • Vardhman Premises
  • Chandigarh Road
  • Ludhiana
  • Punjab
  • 141010
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 12:01
End of Day Share Price2021/10/14 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.