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Vardhman Polytex Ltd share price logo

Vardhman Polytex Ltd

(VARDMNPOLY)

₹11.260.44%

as on 04:01PM, 05 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Vardhman Polytex Ltd Performance

  • Day's Low

    Day's High

    ₹11.12
    ₹11.54
  • 52 Week's Low

    52 Week's High

    ₹4.84
    ₹13.65
1 Month Return+ 6.3 %
3 Month Return-6.06 %
1 Year Return+ 90.08 %
Previous Close₹11.31
Open₹11.54
Volume2.20L
Upper Circuit-
Lower Circuit-
Market Cap₹469.44Cr

Vardhman Polytex Ltd Key Statistics

P/E Ratio-32.73
PEG Ratio-17.35
Market Cap₹469.44 Cr
P/B Ratio-0.56
EPS-0.614871407066074
Dividend Yield0
SectorTextiles
ROE0

Vardhman Polytex Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹469.44 Cr760%4.48-₹16 Cr₹929 Cr
NA₹371.52 Cr107.46%0.85NANA
NA₹789.18 Cr451.43%0.75₹16 Cr₹977 Cr
NA₹161.12 Cr20.7%0.62₹8 Cr₹267 Cr
NA₹442.00 Cr25.79%0.71₹14 Cr₹127 Cr

About Vardhman Polytex Ltd

Vardhman Polytex (VPL) was established by Mohta Industries (MIL) and Punjab State Industrial Development Corporation (PSIDC) as Punjab Mohta Polytex in a joint venture. They raised funds through a Rights issue at Rs. 60 and under which Rs. 24.92 crore and 28.48 lakh 13th secured NCDs of Rs. 250, aggregating Rs. 71.21 crore in Jan. 95 to set up a 100 EOU with an installed capacity of 25200 spindles in Punjab, to expand its plants and meet long-term working capital requirements. VPL specializes in producing coarse, medium and fine counts of 100% cotton yarn along with 100% acrylic yarn and tyre cord yarn. Their products are exported to UK, Belgium, Italy, Germany, Korea, Australia, New Zealand, Hong Kong and Taiwan. In 1998-99 VPL expanded the Baddi unit to 19872 spindles, costing them Rs. 41 crore and further upgraded the Bathinda unit with an investment of Rs. 34 crore. In 2001 further expansion resulted in an increase of spindles at a cost of Rs. 2845 Lacs. The total cost was financed partly through internal accruals and term loans from financial institutions and the company is planning on further expanding and enhancing their capacity to 25000 spindles and a dye house at Focal point-Ludhiana.

Share Price: ₹11.26 per share as on 05 Dec, 2024 04:01 PM
Market Capitalisation: ₹469.44Cr as of today
Revenue: ₹278.06Cr as on March 2022 (Q1 22)
Net Profit: ₹-6.77Cr as on March 2022 (Q1 22)
Listing date: 03 Jan, 1995
Chairperson Name: Adish Oswal
OrganisationVardhman Polytex Ltd
HeadquartersLudhiana
IndustryTextiles
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Key events for Vardhman Polytex Ltd

  • Vardhman Polytex Reports Q1 Loss Amid Revenue Decline - 16 Aug, 2024

    Vardhman Polytex reported a Q1 loss of ₹10.75Cr, with revenue down 52.75% YoY. Despite a recent 41.5% six-month return, the company faces significant challenges.

Insights on Vardhman Polytex Ltd

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

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 64.98% to 67.44% in Nov 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, VARDMNPOLY stock has moved up by 12.3%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 34.74% to 32.31% in Nov 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.27% to 0.24% in Nov 2024 quarter

Vardhman Polytex Ltd Financials

Value in ₹ crore
DetailsQ'1 21Q'2 21Q'3 21Q'4 21Q'1 22
Revenue₹193.97Cr (-)₹191.58Cr (↓1.23%)₹215.13Cr (↑12.29%)₹244.00Cr (↑13.42%)₹278.06Cr (↑13.96%)
Net Income-₹1.19Cr (-)-₹0.45Cr (↓62.18%)-₹1.83Cr (↑306.67%)-₹6.46Cr (↑253.01%)-₹6.77Cr (↑4.80%)
Net Profit Margin-0.61% (-)-0.23% (↓62.30%)-0.85% (↑269.57%)-2.65% (↑211.76%)-2.43% (↓8.30%)
Value in ₹ crore
Details2021202220232024
Total Assets₹328.79Cr (-)₹347.59Cr (↑5.72%)₹315.43Cr (↓9.25%)₹286.88Cr (↓9.05%)
Total Liabilities₹676.94Cr (-)₹711.15Cr (↑5.05%)₹677.74Cr (↓4.70%)₹647.92Cr (↓4.40%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹13.45Cr (-)₹24.03Cr (↑78.66%)₹61.46Cr (↑155.76%)₹40.30Cr (↓34.43%)-₹13.78Cr (↓134.19%)
0

Vardhman Polytex Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
32.31%
-7.01
Foreign Institutions
0.24%
-9.50
Mutual Funds
0%
-8.51
Retail Investors
67.44%
3.79
Others
0%
0.00

Vardhman Polytex Ltd Key Indicators

Details20202023
Return On Equity %74.67114.45
Details2019202020212022
Return On Assets %-21.4930.69-17.25-4.46
Details20182019202020212022
Book Value Per Share (₹)-9.31-15.4-11.4-13.77-14.41
Details202020212022
Earning Per Share (₹)3.99-2.24-0.61

Vardhman Polytex Ltd Valuation

Vardhman Polytex Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-39.50x)

October 1, 2024

Today (-32.73x)

December 4, 2024

Industry (80.54x)

December 4, 2024

Highest (0.70x)

February 25, 2021

LowHigh

Vardhman Polytex Ltd Earnings and Dividends

  • Vardhman Polytex Ltd Earnings Results

    Vardhman Polytex Ltd’s net profit fell -468.91% since last year same period to ₹-6.77Cr in the Q4 2021-2022. On a quarterly growth basis, Vardhman Polytex Ltd has generated -4.8% fall in its net profits since last 3-months.

    Read More about Earnings Results

Vardhman Polytex Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Vardhman Polytex Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Vardhman Polytex Ltd (VARDMNPOLY) share price today is ₹11.26

Vardhman Polytex Ltd is listed on NSE

Vardhman Polytex Ltd is listed on BSE

  • Today’s highest price of Vardhman Polytex Ltd is ₹11.54.
  • Today’s lowest price of Vardhman Polytex Ltd is ₹11.12.

PE Ratio of Vardhman Polytex Ltd is -32.73

PE ratio = Vardhman Polytex Ltd Market price per share / Vardhman Polytex Ltd Earnings per share

Today’s traded volume of Vardhman Polytex Ltd(VARDMNPOLY) is 2.20L.

Today’s market capitalisation of Vardhman Polytex Ltd(VARDMNPOLY) is ₹469.44Cr.

Vardhman Polytex Ltd(VARDMNPOLYPrice
52 Week High
₹13.65
52 Week Low
₹4.84

Vardhman Polytex Ltd(VARDMNPOLY) share price is ₹11.26. It is down -17.51% from its 52 Week High price of ₹13.65

Vardhman Polytex Ltd(VARDMNPOLY) share price is ₹11.26. It is up 132.64% from its 52 Week Low price of ₹4.84

Vardhman Polytex Ltd(VARDMNPOLYReturns
1 Day Returns
-0.05%
1 Month Returns
6.3%
3 Month Returns
-6.06%
1 Year Returns
90.08%