Vardhman Holdings Ltd

Vardhman Holdings Ltd Performance

₹2596.75
Day's Price Range
₹2596.75
₹2557.05
52-Week Price Range
₹3990
1 Month Return-2.91 %
3 Month Return-12.7 %
1 Year Return-28.73 %

Vardhman Holdings Ltd Valuation

Vardhman Holdings Ltd in the last 5 years

Lowest (1.46x)

March 24, 2020

Today (2.94x)

March 20, 2023

Highest (6.96x)

March 2, 2021

LowHigh

2.94x

Price to Earnings TTM Ratio

Insights on Vardhman Holdings Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise
    img

    In the last 3 years, VHL stock has moved up by 189.2%

  • imgNO EFFECT

    Retail Holding Unchanged
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    Retail Investor holdings remained unchanged at 24.10% of holdings in Dec 2022 quarter

  • imgNO EFFECT

    FII Holding Unchanged
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    Foreign Institutions holdings remained unchanged at 0.04% of holdings in Dec 2022 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged
    img

    Promoters holdings remained unchanged at 74.90% of holdings in Dec 2022 quarter

  • imgNO EFFECT

    Against Peers
    img

    In the last 1 year, Shriram Finance Ltd has given 13.5% return, outperforming this stock by 41.7%

  • imgNO EFFECT

    Against Peers
    img

    In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 286.6% return, outperforming this stock by 97.4%

  • imgNEGATIVE IMPACT

    Profit Down
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    Netprofit is down for the last 3 quarters, 94.02Cr → 33.1Cr (in ₹), with an average decrease of 40.5% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall
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    Revenue is down for the last 6 quarters, 147.29Cr → 34.02Cr (in ₹), with an average decrease of 23.9% per quarter

Vardhman Holdings Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
74.9%
0.00
Foreign Institutions
0.04%
-0.27
Mutual Funds
0.06%
0.00
Retail Investors
24.1%
0.00
Others
0.9%
0.00

Vardhman Holdings Ltd Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Corporate Announcements

  • Vardhman Holdings Ltd Earnings Results

    Vardhman Holdings Ltd’s net profit fell -69.56% since last year same period to ₹33.1Cr in the Q3 2022-2023. On a quarterly growth basis, Vardhman Holdings Ltd has generated -45.3% fall in its net profits since last 3-months.

    Read More
  • Vardhman Holdings Ltd Dividends May,2022

    In the quarter ending June 2022, Vardhman Holdings Ltd has declared dividend of ₹5 - translating a dividend yield of 0.39%.

    Read More

Vardhman Holdings Ltd Company Information

Vardhman Spinning General Mills VSGML was incorporated in 1962 and commenced production in 1965. It was promoted by V S Oswal and R C Oswal and is a part of the Vardhman group which also includes companies like Mahavir Spinning Mills and Vardhman Polytex.In Nov.92 the company came out with a Rs 47.82cr rights issue of 14 PCDs to partfinance its expansion and to meet longterm working capital requirements totalling Rs 58 cr. VSGML has a product portfolio consisting of cotton/worsted blended yarn and cotton yarn and fabric. The company exports to the UK Spain Germany Italy Hong Kong Indonesia Japan the US and African countries. VSGML became an Export House in 199091. It also received the ISO 9002 certification for its textile mill. The company sold its steel unit at Faridabad to Mahavir Spinning Mills in Mar.95.The companys Fabric Process House in the name and style of Auro Textiles at village Baddi H.P. in technical collaboration with Tokai Senko of Japan with an annual installed capacity of 30 million metres started commercial production in December 1999.The 100 EOU Spinning unit at Industrial Focal Point Ludhiana was partially commissioned in March 2002. It is having a capacity to manufacture 4 tons of tyre cord yarns at a cost of RS.624 lacs. The Dyeing Unit at Baddi was fully modernised and the capacity was also expanded to 9 tons per day. The company has also installed 2 Open End Spinning Machines of 264 Rotors each to cater to weaving yarns requirement. The company is enhancng its yarn manufacturing facility at a cost of Rs.19.55 lacs. The first phase of 1.45 tons per days was completed and the second phase of 2.17 tons per day will be completed in the next financial year. It is also increasing the capacity of Auro Weaving Mills by 58 looms at an estimated outlay of Rs.27.12 lac. After completion the capacity of the looms will be increased to 264 looms. The project is expected to be completed in 200304.During the year 200405 as part of the scheme of arrangement and demerger between Vardhman Spinning and General Mills Ltd and Mahavir Spinning Mills Ltd the textile business of the company vests in Mahavir Spinning Mills Limited with effect from 22nd April 2005. In accordance with the scheme of arrangement and demerger the shareholders of the VSGML have been alloted/issued 8 equity shares of the Mahavir Spinning Mils Ltd and 2 equity shares of the VSGML for every 10 equity shares held in the VSGML and the company has issued 3191536 equity shares of Rs.10/ in lieu of the retained shares in the company.

Vardhman Holdings Ltd Share Price: ₹2596.75 per share as on 22 Mar, 2023 03:58 PM
Vardhman Holdings Ltd Market Capitalisation: ₹847.44Cr as of today
Vardhman Holdings Ltd Revenue: ₹34.02Cr as on December 2022 (Q4 22)
Vardhman Holdings Ltd Net Profit: ₹33.1Cr as on December 2022 (Q4 22)
Vardhman Holdings Ltd Listing date: 12 Feb, 1994
Vardhman Holdings Ltd Chairperson Name: Paul Oswal
OrganisationVardhman Holdings Ltd
HeadquartersLudhiana
IndustryFinance
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Frequently Asked Questions

Vardhman Holdings Ltd(VHL) share price today is ₹2596.75 (last updated 22 Mar, 2023 at 03:58 PM)

  • Today’s highest price of Vardhman Holdings Ltd(VHL) is ₹2596.75.
  • Today’s lowest price of Vardhman Holdings Ltd(VHL) is ₹2596.75.
  • (last updated 22 Mar, 2023 at 03:58 PM)
Today’s traded volume of Vardhman Holdings Ltd(VHL) is 253.
Today’s market capitalisation of Vardhman Holdings Ltd(VHL) is ₹847.44Cr.
Vardhman Holdings Ltd(VHL)Price
52 Week High₹3990.00
52 Week Low₹2557.05
  • (last updated 22 Mar, 2023 at 03:58 PM)
  • Vardhman Holdings Ltd(VHL) share price is ₹2596.75 (last updated 22 Mar, 2023 at 03:58 PM). It is down -34.92% from its 52 Week High price of ₹3990.00
    Vardhman Holdings Ltd(VHL) share price is ₹2596.75 (last updated 22 Mar, 2023 at 03:58 PM). It is up 1.55% from its 52 Week Low price of ₹2557.05
    Vardhman Holdings Ltd(VHL)Returns (%)
    1 Day Returns0.31%
    1 Month Returns-2.91%
    1 Year Returns-28.73%
    3 Year Returns215.62%
    5 Year Returns-37.11%
    Vardhman Holdings Ltd(VHL) share price is ₹2596.75 and its price to earning (PE) is 2.94. A high PE ratio indicates that a share price is overvalued, or investors are expecting a high growth rate in the future.

    Indian stocks brokerage services are provided by INDmoney Private Limited. INDmoney Private Limited is carrying out the business of in respect to stock broking activities and also carries out the activities of depository participant. SEBI Registration No. INZ000305337 | SEBI Depository Participant Registration No. IN-DP-690-2022 Depository Participant ID: CDSL 12095500 | Trading and Clearing Member of NSE (90267, M70042) and BSE (6779)

    Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and not recommendatory. Past performance is not indicative of future returns.