Vardhman Textiles Ltd

About Vardhman Textiles Ltd

Vardhman Textiles Ltd. is a leading Indian integrated textile manufacturer, primarily engaged in the production of yarn, fabric, and acrylic fibre. With a strong presence across the textile value chain, the company serves both domestic and international markets, known for its diverse product portfolio and manufacturing capabilities.

Key Financial Ratios of Vardhman Textiles Ltd

• P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Vardhman Textiles Ltd's P/E ratio (TTM) is 18.20, compared to the industry median of 25.37 and large cap median of 25.37.

• P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Vardhman Textiles Ltd's P/B ratio is 1.51, compared to the industry median of 1.58 and large cap median of 1.58.

• P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Vardhman Textiles Ltd's P/S ratio is 1.57, compared to the industry median of 1.09 and large cap median of 1.09.

• PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Vardhman Textiles Ltd's PEG ratio is 2.13.

• EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Vardhman Textiles Ltd's EV/EBITDA ratio is 9.99.

• Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Vardhman Textiles Ltd's ROE is 7.16%.

• Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Vardhman Textiles Ltd's ROA is 8.94%.

• Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Vardhman Textiles Ltd's ROCE is 9%.

• Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Vardhman Textiles Ltd's operating margin is 12.55%.

• Net Margin: Net margin shows what percentage of revenue converts into final net profit. Vardhman Textiles Ltd's net margin is 7.63%.

• Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Vardhman Textiles Ltd's current ratio is 3.

• Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Vardhman Textiles Ltd's debt-to-equity ratio is 0.11.

• Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Vardhman Textiles Ltd's interest coverage ratio is 11.38.

• Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Vardhman Textiles Ltd's DPS is ₹4.89.

• Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Vardhman Textiles Ltd's EPS is -15.65.

(Source line: "Ratios as of 15 Jun 2026, based on last traded price of ₹530.05. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")

Key Facts

• Founded: 1965 (as Vardhman Spinning & General Mills Ltd.)

• Headquarters: Ludhiana, Punjab

• Core Offerings: Spun Yarn, Woven Fabric, Acrylic Fibre, Sewing Thread

• Stock Listing: NSE (VTL), BSE (502986)

• Promoter: Vardhman Group (Oswal family)

History of Vardhman Textiles Ltd

Vardhman Textiles Ltd. was incorporated in 1965 as Vardhman Spinning & General Mills Ltd. Initially focusing on yarn manufacturing, the company expanded its operations significantly through the 1970s and 1980s. In the 1990s, it diversified into fabric manufacturing. The company underwent substantial capacity expansion and modernization in the early 2000s and was renamed Vardhman Textiles Ltd. in 2006, reflecting its integrated textile operations. Today, it stands as one of India's largest vertically integrated textile companies.

Business Segments and Revenue Mix

• Yarn & Thread: Produces a comprehensive range of spun yarns (cotton, blended, synthetic, specialty) for weaving, knitting, and industrial applications, serving diverse global markets.

• Fabric: Manufactures a wide array of woven fabrics, including shirting, bottom wear, and printed fabrics, catering to both domestic and international fashion and apparel brands.

• Acrylic Fibre: One of India's largest manufacturers of acrylic fibre, used in various textile products like knitwear, blankets, and carpets.

Key Personnel

Shri S.P. Oswal - Chairman Emeritus: Padma Bhushan awardee, he has been the guiding force behind the Vardhman Group's growth and diversification for decades. Smt. Suchita Jain - Vice Chairperson: An experienced leader with deep understanding of the textile industry, actively involved in strategic decision-making. Shri Neeraj Jain - Joint Managing Director: Responsible for overseeing the company's manufacturing operations and driving operational efficiencies.

Subsidiaries and Associate Companies

• Vardhman Acrylics Limited

• Vardhman Holdings Limited

Corporate Actions

Notable corporate actions include a stock split in a 1:5 ratio in 2017 and a bonus issue in a 1:1 ratio in 2007. No major recent corporate actions on record (last 5 years).

References

1. Annual Report FY24 2. Exchange Filings (NSE/BSE) 3. Financial Results Announcement