



Finance | Small Cap
Vardhman Holdings Ltd, operating in the Financial Services (Non-Bank Finance) sector, exhibits a mixed financial performance. The company shows strong solvency, driven by a high-interest coverage ratio and minimal debt. Asset growth and operating profit growth rate also contribute positively. However, the company struggles with revenue, EPS, and net income growth, all experiencing significant declines. Profitability metrics, such as gross profit margin, ROCE, ROE, ROA, and net margin, are notably low, indicating challenges in translating operations into profits. The company's liquidity position is also concerning, which needs to be addressed for better financial health. Overall, while the company demonstrates strengths in certain areas, improvements in revenue generation and profitability are crucial for sustained financial stability.
Vardhman Holdings Ltd, operating in the Financial Services (Non-Bank Finance) sector, exhibits a mixed financial performance. The company shows strong solvency, driven by a high-interest coverage ratio and minimal debt. Asset growth and operating profit growth rate also contribute positively. However, the company struggles with revenue, EPS, and net income growth, all experiencing significant declines. Profitability metrics, such as gross profit margin, ROCE, ROE, ROA, and net margin, are notably low, indicating challenges in translating operations into profits. The company's liquidity position is also concerning, which needs to be addressed for better financial health. Overall, while the company demonstrates strengths in certain areas, improvements in revenue generation and profitability are crucial for sustained financial stability.
Overall Valuation Score
Markets Depth NSE
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0
0
Sell Orders
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0
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Markets Today NSE
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Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
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P/E RATIO (TTM)
4.33
Industry Median
24.32
Small Cap Median
21.88
P/E RATIO
4.10
P/B RATIO
0.28
Industry Median
3.12
Small Cap Median
2.69
P/S RATIO
46.07
Industry Median
1.84
Small Cap Median
1.82
Others
PEG RATIO
0.41
EV/EBITDA RATIO
3.88
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹3311.5 as on Feb 20, 2026.
The company's growth ratios paint a conflicting picture. While asset growth and operating profit growth rate are strong, significant declines in revenue, EPS, and net income growth raise concerns about the sustainability of the company's overall growth trajectory.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 65 | -81.82 | 150 | 53.33 | -47.83 |
| Operating Profit Growth Rate | 66.67 | -93.33 | 450 | 54.55 | -41.18 |
| Earnings Per Share (EPS) Growth | 231.31 | -46.76 | -19.06 | 39.55 | -16.28 |
| Asset Growth Rate | 20.42 | 11.63 | 6.35 | 7.37 | 6.44 |
| Net Income Growth Rate | 230 | -46.85 | -18.86 | 39.46 | -16.28 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | VHL | 4.70 | 4.10 | Neutral | 17.00 | 144.70 | 252.00 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
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Vardhman Holdings Ltd. functions as an investment holding company within the Vardhman Group, primarily holding strategic equity stakes in its group entities, most notably Vardhman Textiles Ltd. Its core activities revolve around managing these investments and generating income from dividends and interest, serving as the financial backbone for the group's diversified operations.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Vardhman Holdings Ltd's P/E ratio (TTM) is 4.33, compared to the industry median of 24.32 and large cap median of 21.88.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Vardhman Holdings Ltd's P/B ratio is 0.28, compared to the industry median of 3.12 and large cap median of 2.69.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Vardhman Holdings Ltd's P/S ratio is 46.07, compared to the industry median of 1.84 and large cap median of 1.82.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Vardhman Holdings Ltd's PEG ratio is 0.41.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Vardhman Holdings Ltd's EV/EBITDA ratio is 3.88.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Vardhman Holdings Ltd's ROE is 5.74%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Vardhman Holdings Ltd's ROA is 0.27%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Vardhman Holdings Ltd's ROCE is 6%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Vardhman Holdings Ltd's operating margin is 83.33%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Vardhman Holdings Ltd's net margin is 1800%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Vardhman Holdings Ltd's current ratio is 2.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Vardhman Holdings Ltd's debt-to-equity ratio is 0.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Vardhman Holdings Ltd's interest coverage ratio is N/A.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Vardhman Holdings Ltd's DPS is ₹6.77.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Vardhman Holdings Ltd's EPS is -16.28.
(Source line: "Ratios as of 23 Sept 2026, based on last traded price of ₹3311.50. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1962 (as Vardhman Spinning & General Mills Ltd.)
Headquarters: Ludhiana, Punjab
Core Offerings: Investment activities, Holding company functions, Dividend income, Financial asset management
Stock Listing: NSE (VHL), BSE (500439)
Promoter: Vardhman Group / S.P. Oswal Family
Vardhman Holdings Ltd. was incorporated in 1962 as Vardhman Spinning & General Mills Ltd., initially focusing on textile manufacturing. Over the decades, the company strategically restructured its operations. In the 1990s and early 2000s, its manufacturing assets were demerged into Vardhman Textiles Ltd., transforming the parent entity into a pure investment and holding company. In 2006, the company officially changed its name to Vardhman Holdings Ltd. to reflect its new role. Today, it acts as the flagship investment vehicle, holding significant stakes in group companies and managing a diversified portfolio of financial assets.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Investment Activities (Dividend Income) | 95% (approx) | N/A (Holding Company nature) |
| Other Financial Income | 5% (approx) | N/A (Holding Company nature) |
Investment Activities: Primarily involves holding significant equity stakes in group companies, most notably Vardhman Textiles Ltd., and deriving dividend income from these investments.
Strategic Group Oversight: Acts as the principal holding entity, providing strategic direction and capital allocation for the larger Vardhman Group, which has interests mainly in textiles.
Financial Asset Management: Manages a portfolio of financial assets, including equity investments, mutual funds, and fixed deposits, generating interest income and capital gains.
Mr. S.P. Oswal (Chairman Emeritus): A veteran industrialist and founder of the Vardhman Group, he provides strategic guidance and vision to the company. Ms. Suchita Jain (Vice Chairperson & Jt. Managing Director): A key member of the promoter family, she plays a crucial role in the management and strategic direction of the group's businesses and investments.
No major directly controlled subsidiaries reported, as it primarily acts as an investment holding company with significant stakes in group entities like Vardhman Textiles Ltd.
No major recent corporate actions on record apart from annual dividend declarations.
The Vardhman Holdings Ltd share price today is ₹3311.50 on NSE (VHL), as of 23 Sept 2026.
As of 23 Sept 2026, Vardhman Holdings Ltd share price is ₹3311.50, with previous close ₹3311.50. Today's range is ₹3311.50 to ₹3311.50. The 52-week range is ₹2870 to ₹3799.80.
As of today, Vardhman Holdings Ltd's market cap is ₹1,059.68 crore (Small Cap).
Vardhman Holdings Ltd's current P/E ratio is 4.33, compared to the Financial Services (Non-Bank Finance) sector average of 27.
Vardhman Holdings Ltd's current P/B ratio is 0.28.
Vardhman Holdings Ltd's current dividend yield is 0.20%. Last dividend of ₹1.50 per share was declared on 24-May-2024.
Vardhman Holdings Ltd's EPS (TTM) is ₹-16.28.
Vardhman Holdings Ltd. functions as an investment holding company within the Vardhman Group, primarily holding strategic equity stakes in its group entities, most notably Vardhman Textiles Ltd. Its core activities revolve around managing these investments and generating income from dividends and interest, serving as the financial backbone for the group's diversified operations.
Vardhman Holdings Ltd is promoted by Vardhman Group / S.P. Oswal Family, holding 74.9% as of 23 Sept 2026.
Vardhman Holdings Ltd is listed on NSE (VHL) and BSE (500439). Its next quarterly results are expected on August 2024 (for Q1 FY25).