Vardhman Textiles Ltd Analyst Rating
based on 4 analysts
75.00%
Buy
0.00%
Hold
25.00%
Sell
Based on 4 analysts offering long term price targets for Vardhman Textiles Ltd. An average target of ₹583.75
Source: S&P Global Market Intelligence
Vardhman Textiles Ltd Share analysis
Vardhman Textiles Ltd price forecast by 4 analysts
Upside of24.59%
High
₹665
Target
₹583.75
Low
₹475
Vardhman Textiles Ltd target price ₹583.75, a slight upside of 24.59% compared to current price of ₹468.55. According to 4 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Vardhman Textiles Ltd revenue growth forecast
Expected growth rate Q1, FY2026:19.25%
Forecast
Actual
Including amortisation and stock based compensations
Vardhman Textiles Ltd EPS growth forecast
EPS estimate Q1, FY2026:107.12%
Forecast
Actual
Source: S&P Global Market Intelligence
Vardhman Textiles Ltd Performance
Day's Low
Day's High
₹461.55₹47152 Week's Low
52 Week's High
₹338.5₹592
| Returns % | |
| 1 Month Return | -4.03 % |
| 3 Month Return | -12.57 % |
| 1 Year Return | + 26.48 % |
| Market Stats | |
| Previous Close | ₹466.60 |
| Open | ₹470.40 |
| Volume | 1.26L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹13,492.90Cr |
Vardhman Textiles Ltd Key Statistics
| P/E Ratio | 18.17 |
| PEG Ratio | 3.95 |
| Market Cap | ₹13,492.90 Cr |
| P/B Ratio | 1.46 |
| EPS | 22.38 |
| Dividend Yield | 0.9 |
| Sector | Textiles |
| ROE | 7.11 |
Vardhman Textiles Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹13,492.90 Cr | 31.45% | 0.59 | ₹636 Cr | ₹9,504 Cr | |
| BUY | ₹16,447.86 Cr | 45.29% | 0.70 | ₹672 Cr | ₹9,679 Cr | |
| BUY | ₹6,350.69 Cr | 17.84% | 0.55 | ₹125 Cr | ₹2,324 Cr | |
| HOLD | ₹13,762.93 Cr | 35.63% | 0.50 | ₹69 Cr | ₹2,391 Cr | |
| ₹3,697.20 Cr | -3.68% | 0.74 | NA | NA |
Vardhman Textiles Ltd Mutual Fund Holdings
About Vardhman Textiles Ltd
Vardhman is one of the largest producers of cotton yarn in India. The company offers a wide range of cotton yarns, from carded to combed, from single to double, from dyed to grey. It also produces a variety of specialty yarns such as slub, core spun, and airjet yarns. Vardhman also produces a wide range of fabrics, including denim, shirting, suiting, and knits. The company is also one of the largest producers of home textiles, offering bed sheets, pillow covers, curtains, and other home furnishing products.
Share Price: ₹468.55 per share as on 04 Oct, 2024 04:01 PM
Market Capitalisation: ₹13,492.90Cr as of today
Revenue: ₹2,308.59Cr as on June 2024 (Q2 24)
Net Profit: ₹239.77Cr as on June 2024 (Q2 24)
Listing date: 19 Jan, 1995
Chairperson Name: Shri Paul Oswal
| Organisation | Vardhman Textiles Ltd |
| Headquarters | Ludhiana |
| Industry | Textiles |
| E-voting on shares | Click here to vote |
Key events for Vardhman Textiles Ltd
Vardhman Textiles Shares Surge on Market Expectations - 06 Aug, 2024
On August 6, 2024, Vardhman Textiles Ltd saw its stock jump over 10% due to positive market expectations. The stock recorded significant trading volume, indicating strong investor interest.
Vardhman Textiles Plans Expansion and Modernization - 15 Jul, 2024
Vardhman Textiles is set to expand and modernize its operations across various sectors, with a capacity of 12.37 lakh equivalent spindles and an annual production of approximately 175 million meters of processed fabric. The company anticipates achieving better business synergies and gaining a competitive advantage in the market, with a price target of Rs 614 in 8 to 10 months.
Vardhman Textiles Stock Poised for Upward Trajectory - 13 Jul, 2024
Vardhman Textiles stock has been steadily appreciating since May 2023, currently hovering around ₹520 with potential to reach ₹700. A corrective decline may occur at resistance of ₹560, but participants can go long now and buy more shares if the price dips to ₹470. Place stop-loss at ₹400.
Elara Capital predicts favourable input costs to boost Vardhman Textiles' EBITDA margin - 11 Jul, 2024
Vardhman Textiles is expected to record an EBITDA margin of 13.2% due to favourable input costs, despite a predicted drop in yarn volume and revenue. The fabric category is set to rise by 30.4% YoY, while the EBITDA margin may increase by 391bp YoY.
Insights on Vardhman Textiles Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPromoter Holding Up
Promoters have increased holdings from 64.13% to 64.19% in Jun 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 4 quarters, 134.3 Cr → 238.5 Cr (in ₹), with an average increase of 17.4% per quarter
NO EFFECTAgainst Peers
In the last 3 years, Swan Energy Ltd has given 329.9% return, outperforming this stock by 306.1%
- NO EFFECT
Against Peers
In the last 1 year, LS Industries Ltd has given 735.1% return, outperforming this stock by 708.6%
- NO EFFECT
Retail Holding Unchanged
Retail Investor holdings remained unchanged at 13.04% of holdings in Jun 2024 quarter
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 2.54K Cr → 2.38K Cr (in ₹), with an average decrease of 6.0% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, VTL stock has moved down by -12.6%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 6.28% to 6.12% in Jun 2024 quarter
Vardhman Textiles Ltd Financials
Index Inclusions
Vardhman Textiles Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 64.19% | 0.09 | |
| Foreign Institutions | 6.12% | ||
| Mutual Funds | 15.11% | 0.04 | |
| Retail Investors | 13.04% | ||
| Others | 1.54% | 7.49 |
Vardhman Textiles Ltd Key Indicators
Vardhman Textiles Ltd Valuation
Vardhman Textiles Ltd in the last 5 years
Lowest (5.34x)
March 30, 2020
Today (18.17x)
October 4, 2024
Industry (84.12x)
October 4, 2024
Highest (54.10x)
January 20, 2022
Vardhman Textiles Ltd Technicals Summary
Bearish
Neutral
Bullish
Vardhman Textiles Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Vardhman Textiles Ltd
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Vardhman Textiles Ltd (VTL) share price today is ₹468.55
Vardhman Textiles Ltd is listed on NSE
Vardhman Textiles Ltd is listed on BSE
- Today’s highest price of Vardhman Textiles Ltd is ₹471.
- Today’s lowest price of Vardhman Textiles Ltd is ₹461.55.
PE Ratio of Vardhman Textiles Ltd is 18.17
PE ratio = Vardhman Textiles Ltd Market price per share / Vardhman Textiles Ltd Earnings per share
Today’s traded volume of Vardhman Textiles Ltd(VTL) is 1.26L.
Today’s market capitalisation of Vardhman Textiles Ltd(VTL) is ₹13492.9Cr.
| Vardhman Textiles Ltd(VTL | Price |
|---|---|
52 Week High | ₹592 |
52 Week Low | ₹338.5 |
Vardhman Textiles Ltd(VTL) share price is ₹468.55. It is down -20.85% from its 52 Week High price of ₹592
Vardhman Textiles Ltd(VTL) share price is ₹468.55. It is up 38.42% from its 52 Week Low price of ₹338.5
| Vardhman Textiles Ltd(VTL | Returns |
|---|---|
1 Day Returns | 1.95% |
1 Month Returns | -4.03% |
3 Month Returns | -12.57% |
1 Year Returns | 26.48% |