Virat Industries Ltd
Incorporated in 1995, Virat Industries Ltd is a manufacturer and Exporter of premium quality of dress and sport socks for Men, Ladies and Children[1]
- Market Cap ₹ 327 Cr.
- Current Price ₹ 665
- High / Low ₹ 665 / 127
- Stock P/E 209
- Book Value ₹ 53.7
- Dividend Yield 0.00 %
- ROCE 4.79 %
- ROE 3.46 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Promoter holding has increased by 47.4% over last quarter.
Cons
- Stock is trading at 12.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 3.70% over past five years.
- Company has a low return on equity of 4.22% over last 3 years.
- Earnings include an other income of Rs.1.95 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Garments & Apparels
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
21.63 | 20.53 | 25.75 | 25.67 | 34.09 | 24.13 | 26.38 | 19.56 | 24.66 | 37.68 | 32.42 | 31.63 | 34.24 | |
16.58 | 16.91 | 20.61 | 20.55 | 28.95 | 21.18 | 23.19 | 17.47 | 21.78 | 34.62 | 30.88 | 30.41 | 33.16 | |
Operating Profit | 5.05 | 3.62 | 5.14 | 5.12 | 5.14 | 2.95 | 3.19 | 2.09 | 2.88 | 3.06 | 1.54 | 1.22 | 1.08 |
OPM % | 23.35% | 17.63% | 19.96% | 19.95% | 15.08% | 12.23% | 12.09% | 10.69% | 11.68% | 8.12% | 4.75% | 3.86% | 3.15% |
0.88 | 0.53 | 0.60 | 1.36 | 1.57 | 0.14 | 0.78 | 0.66 | 0.48 | 0.73 | 0.99 | 1.05 | 1.95 | |
Interest | 0.11 | 0.09 | 0.04 | 0.08 | 0.14 | 0.10 | 0.05 | 0.06 | 0.03 | 0.07 | 0.05 | 0.07 | 0.06 |
Depreciation | 0.95 | 1.04 | 1.22 | 1.36 | 1.62 | 1.94 | 1.91 | 1.76 | 1.60 | 1.54 | 1.45 | 0.99 | 0.87 |
Profit before tax | 4.87 | 3.02 | 4.48 | 5.04 | 4.95 | 1.05 | 2.01 | 0.93 | 1.73 | 2.18 | 1.03 | 1.21 | 2.10 |
Tax % | 32.44% | 31.13% | 32.59% | 29.96% | 29.90% | 39.05% | 25.87% | 13.98% | 21.39% | 25.69% | 26.21% | 25.62% | |
3.28 | 2.08 | 3.02 | 3.52 | 3.47 | 0.65 | 1.48 | 0.79 | 1.35 | 1.62 | 0.76 | 0.90 | 1.57 | |
EPS in Rs | 6.66 | 4.22 | 6.13 | 7.15 | 7.05 | 1.32 | 3.01 | 1.60 | 2.74 | 3.29 | 1.54 | 1.83 | 3.19 |
Dividend Payout % | 27.00% | 42.58% | 40.73% | 34.94% | 21.27% | 0.00% | 0.00% | 0.00% | 36.44% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 4% |
3 Years: | 9% |
TTM: | 20% |
Compounded Profit Growth | |
---|---|
10 Years: | -8% |
5 Years: | -9% |
3 Years: | -13% |
TTM: | 257% |
Stock Price CAGR | |
---|---|
10 Years: | 28% |
5 Years: | 85% |
3 Years: | 49% |
1 Year: | 326% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 4% |
3 Years: | 4% |
Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 |
Reserves | 7.40 | 8.35 | 9.89 | 13.53 | 15.52 | 15.29 | 16.79 | 17.61 | 18.93 | 20.07 | 20.70 | 21.52 |
1.95 | 0.62 | 0.45 | 0.45 | 2.08 | 0.48 | 1.43 | 0.32 | 0.24 | 0.16 | 0.79 | 0.54 | |
3.30 | 3.36 | 3.95 | 2.98 | 4.62 | 3.44 | 3.42 | 2.73 | 3.76 | 5.47 | 4.95 | 4.75 | |
Total Liabilities | 17.57 | 17.25 | 19.21 | 21.88 | 27.14 | 24.13 | 26.56 | 25.58 | 27.85 | 30.62 | 31.36 | 31.73 |
5.98 | 5.45 | 6.07 | 8.77 | 10.81 | 10.43 | 9.32 | 7.43 | 5.83 | 4.60 | 4.61 | 3.67 | |
CWIP | 0.13 | 0.00 | 0.00 | 0.03 | 1.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.27 | 0.26 | 0.25 | 0.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
11.19 | 11.54 | 12.89 | 12.83 | 15.13 | 13.70 | 17.24 | 18.15 | 22.02 | 26.02 | 26.75 | 28.06 | |
Total Assets | 17.57 | 17.25 | 19.21 | 21.88 | 27.14 | 24.13 | 26.56 | 25.58 | 27.85 | 30.62 | 31.36 | 31.73 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.97 | 3.95 | 5.23 | 1.70 | 1.61 | 3.15 | 1.47 | 4.20 | 0.05 | -1.72 | 5.22 | -0.82 | |
-1.60 | -0.70 | -4.27 | -0.83 | -2.90 | -0.95 | -1.74 | 0.25 | 0.04 | 0.27 | -5.36 | 0.85 | |
-0.26 | -2.42 | -1.06 | -1.71 | 1.53 | -2.27 | 0.88 | -1.20 | -0.14 | -0.66 | 0.52 | -0.28 | |
Net Cash Flow | 0.11 | 0.83 | -0.09 | -0.84 | 0.24 | -0.07 | 0.61 | 3.26 | -0.06 | -2.11 | 0.38 | -0.25 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 35.77 | 15.65 | 7.37 | 29.43 | 29.77 | 50.37 | 49.81 | 78.00 | 56.98 | 45.62 | 53.25 | 62.55 |
Inventory Days | 270.56 | 296.87 | 221.09 | 306.34 | 219.00 | 227.89 | 268.93 | 274.45 | 321.50 | 343.39 | 246.53 | 270.90 |
Days Payable | 73.00 | 68.13 | 66.74 | 103.82 | 102.37 | 85.51 | 57.86 | 52.01 | 73.58 | 90.34 | 42.52 | 57.63 |
Cash Conversion Cycle | 233.33 | 244.38 | 161.72 | 231.95 | 146.39 | 192.75 | 260.88 | 300.44 | 304.91 | 298.67 | 257.26 | 275.81 |
Working Capital Days | 61.76 | 71.29 | 31.89 | 91.57 | 76.02 | 128.27 | 131.58 | 166.08 | 170.81 | 157.02 | 142.08 | 174.71 |
ROCE % | 38.91% | 22.09% | 31.29% | 31.26% | 24.63% | 5.74% | 9.40% | 4.17% | 7.50% | 9.14% | 3.72% | 4.79% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
19 Aug - Approved Q1 Jun 30, 2025 results; allotted 9,599,999 shares at Rs104; appointed Supriya Shete (Aug 13, 2025).
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Revised Outcome For The Board Meeting Held On 13Th August, 2025
19 Aug - Board approved Q1 results; allotted 9,599,999 shares at Rs104; Supriya Shete appointed 13 Aug 2025
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Aug - Newspaper advertisement of the financial results for the quarter end 30.06.2025
-
Announcement under Regulation 30 (LODR)-Change in Directorate
13 Aug - Q1 FY2025-26 unaudited results approved; new non-executive director appointed, subject to shareholder approval.
- Un-Audited Standalone Financial Results For The Quarter Ended June 30, 2025 13 Aug
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
from bse
Business Overview:[1]
Company manufactures socks for export to the European market through computerized electronic knitting machines by Lonati and Matec, Italy and KTM, Korea supported with balancing equipment from Spain and other European markets