VTL · Vardhman Textiles Ltd · Apparel/Accessories
VTL · Vardhman Textiles Ltd · Apparel/Accessories
As of 05 Nov close
52-week range
22.2% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹2,703 Cr
Revenue YoY
PAT YoY
+49.5%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.5
P/S (TTM)
1.6
Sector P/E
Not available from data source
Dividend yield
+0.9%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| VTL (this stock) | 21.4 | 1.5 | +8.3% | +8.1% | 0.18 | +0.9% |
| Page Industries | 61.1 | 25.7 | +14.1% | +50.3% | 0.18 | +1.7% |
| Indo Count Industries | 57.6 | 4.1 | +3.4% | +6.4% | 0.57 | +0.3% |
| Alok Industries | Not available from data source | Not available from data source | -18.8% | +3.3% | -1.21 | 0.0% |
Promoter
stable
FII
rising 1q
MF
12.43% (-2.01pp)
falling 3q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
| date | canonicalSymbol | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| 2026-09-01 | VTL | 2088766 | 1 | WEAK | BULK |
News timeline
- mediumsector policyeconomictimes.indiatimes.com· 21 Sept 2026, 02:08 pmTrump’s tariff tantrums return? Gokaldas Exports, other textile stocks drop up to 5% after Trump signs Russia sanctions bill
- loweconomictimes.indiatimes.com· 16 Sept 2026, 09:27 pmAhead of Market: 10 things that will decide stock market action on Thursday
Concalls & investor presentations
AI-generatedKey takeaway: During the earnings conference call for Q1 FY27, management reported improvements in financial results, particularly in the spinning business, attributed to better yarn sizes and favorable raw material pricing. However, the fabric segment did not see similar growth due to missed U.S. orders from the previous year. Management noted that while spinning utilization was high, fabric utilization was impacted by the addition of a new line. They discussed the stabilization of raw material prices and the potential for increased cotton prices due to global supply constraints. Management also highlighted ongoing capital expenditures for modernization and new projects, including a biomass boiler and a synthetic fabric line, with plans for future capacity expansion. The call concluded with management expressing optimism about the textile industry's growth prospects in India, driven by favorable trade agreements and increasing domestic demand.
Management expressed optimism about growth opportunities and improvements in business performance.
Sourced from an exchange-filed transcript, dated 03 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Vardhman Textiles Limited detailed the company's un-audited financial results for the quarter ended June 30, 2026. Management reported a revenue from operations of ₹2,648 crore, reflecting a 13% year-on-year increase. The total income for the quarter was ₹2,721 crore, also up 13% from the previous year. EBITDA increased by 33% to ₹528 crore, with an EBITDA margin of 19.4%. Profit After Tax (PAT) rose by 41% to ₹285 crore, resulting in a PAT margin of 10.5%. The presentation highlighted the company's commitment to sustainability, with goals including achieving net zero emissions by 2045 and a 30% reduction in freshwater consumption by 2030. Vardhman Textiles also announced plans for capacity expansions in yarn and garment production, with a total announced capital expenditure of ₹3,660 crore.
Management emphasized strong financial performance and sustainability initiatives.
Sourced from an exchange-filed presentation, dated 30 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: During the earnings conference call for Q4 FY'26, management reported mixed results influenced by various macroeconomic factors. The end of U.S. tariffs improved India's competitiveness, leading to increased capacity utilization among garment exporters. However, rising international cotton prices, driven by adverse weather conditions and geopolitical tensions, significantly impacted raw material costs. Management noted that cotton prices rose from INR 52,000 to INR 68,000 per candy, affecting overall production costs. Despite these challenges, demand for yarn improved, particularly from China, which increased imports from India. Management highlighted ongoing modernization efforts and expansions in fabric production, aiming to enhance operational efficiency. They also discussed the potential for future growth driven by favorable trade agreements and a more consolidated industry structure. Overall, management expressed cautious optimism about the company's performance in the upcoming quarters, contingent on market conditions and raw material availability.
Management highlighted both positive developments and challenges faced in the textile industry.
Sourced from an exchange-filed transcript, dated 12 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Vardhman Textiles Limited detailed the company's financial results for the quarter and year ended March 31, 2026. The presentation reported a revenue from operations of Rs. 2,441 crore for Q4 FY26, reflecting a year-on-year decrease of 1%. Total income for the same quarter was Rs. 2,512 crore, down 3% from the previous year. The company's EBITDA for Q4 FY26 was Rs. 354 crore, a decline of 13% year-on-year, with an EBITDA margin of 14.1%. Profit After Tax (PAT) was reported at Rs. 179 crore, down 22% from Q4 FY25. The presentation highlighted operational metrics, including a 4% increase in yarn production year-on-year, while grey fabric production decreased by 5%. Vardhman Textiles also outlined its sustainability goals, including achieving net zero emissions by 2045 and a 30% reduction in freshwater consumption by 2030.
The presentation included both positive operational metrics and negative financial results.
Sourced from an exchange-filed presentation, dated 08 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedVardhman Textiles Limited (VTL) emphasizes its integrated value chain approach, combining yarn, fabric, and garment production to enhance agility and competitive advantage. The company highlights strategic shifts towards direct engagement with global brands, expansion of premium and sustainable product lines, and significant investments in modernizing spinning assets and energy efficiency. Looking ahead, VTL aims to capitalize on India's growing textile industry by expanding fabric processing capacity, diversifying into synthetic and filament-based fabrics, and strengthening customer relationships through integrated solutions. The report also underscores the importance of managing risks related to raw material prices, geopolitical tensions, and market volatility.
- Integrated value chain approach to enhance agility and competitive advantage
- Strategic shift towards direct engagement with global brands and expansion of premium/sustainable product lines
- Investments in modernizing spinning assets and energy efficiency initiatives
- Focus on expanding fabric processing capacity and diversifying into synthetic/filament-based fabrics
- Strengthening customer relationships through integrated solutions and product innovation
Key takeaway: Vardhman Textiles Limited leverages its integrated value chain and strategic investments in premium and sustainable products to strengthen its competitive position in the textile industry.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (3 items); Regulatory Action (3 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
3 occurrencesRecent (last 12 months)
The auditor identified uncertain income-tax positions as a Key Audit Matter, noting that the company has material disputes involving significant management judgment about possible outcomes.
Earlier (1-3 years ago)
The auditor notes uncertain income-tax positions under dispute relating to Income Taxes, which involve significant matters.
The auditor identified uncertain income-tax positions as key audit matters, noting that the Parent has material uncertain income tax positions under dispute involving significant management judgment.
Regulatory Action
3 occurrencesRecent (last 12 months)
The company was fined ₹31,000/- by BSE for non-compliance with SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, related to listed NCDs (since redeemed) for the financial year 2023-24.
Earlier (1-3 years ago)
The company was fined ₹1,000/- and ₹31,000/- by BSE for non-compliance of SEBI (LODR) Regulations, 2015, related to listed NCDs for the financial years 2022-23 and 2023-24.
The company was fined ₹1,000 and ₹31,000 by BSE for non-compliance with SEBI (LODR) Regulations, 2015, related to listed NCDs for the financial years 2022-23 and 2023-24.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
Vardhman Textiles Ltd. has contingent liabilities of ₹169.68 crores as of March 31, 2026, related to bank guarantees and letters of credit.
Earlier (1-3 years ago)
The company has contingent liabilities of ₹658.04 crores as of March 31, 2025, related to bank guarantees and letters of credit.
The company has contingent liabilities related to claims not acknowledged as debts, with amounts deposited of ₹1.60 crore as of March 31, 2023.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
Vardhman Textiles Ltd. has disclosed transactions with related parties, including entities like Vardhman Spinning and General Mills Limited, Vardhman Special Steels Limited, and others, as detailed in Note 46.2 of the Annual Report 2025-26.
Earlier (1-3 years ago)
The company has disclosed transactions with related parties, including sales of goods to subsidiaries and associates such as Vardhman Special Steels Limited and Vardhman Yarns and Threads Limited, as well as to other entities like Mahavir Traders and Vardhman Textiles Ltd.
Statutory dues in dispute
3 occurrencesRecent (last 12 months)
The company has outstanding statutory dues under various laws, including Excise Duty, Service Tax, Sales Tax, Goods and Service Tax, Provident Fund, and others, with disputes pending before various forums such as CESTAT, High Court, and others, covering multiple fiscal years and amounts in crores.
Earlier (1-3 years ago)
The company has outstanding statutory dues of various taxes and fees, including Excise Duty, Service Tax, Sales Tax, Goods and Service Tax, Provident Fund, and others, with disputes pending in various forums such as CESTAT, High Court, and Commissioner (Appeals), covering multiple fiscal years.
The company has unpaid statutory dues under Central Excise Laws and Service Tax Laws, with amounts unpaid as of March 31, 2024, pending in CESTAT and other forums.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.55% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).