VTM Ltd
Incorporated in 1951, VTM Ltd is in the
business of weaving and caters to
special fabric manufacturing in fine counts
and complex specifications[1]
- Market Cap ₹ 1,059 Cr.
- Current Price ₹ 105
- High / Low ₹ 123 / 26.5
- Stock P/E 24.3
- Book Value ₹ 30.5
- Dividend Yield 0.81 %
- ROCE 19.5 %
- ROE 15.3 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 34.1% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.5%
Cons
- Stock is trading at 3.46 times its book value
- Company has a low return on equity of 8.22% over last 3 years.
- Debtor days have increased from 48.7 to 78.2 days.
* 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 Other Textile Products
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
169 | 168 | 154 | 150 | 165 | 160 | 161 | 143 | 194 | 209 | 208 | 345 | |
147 | 155 | 140 | 140 | 150 | 145 | 144 | 126 | 171 | 192 | 182 | 278 | |
Operating Profit | 22 | 13 | 14 | 11 | 14 | 15 | 16 | 16 | 23 | 17 | 26 | 67 |
OPM % | 13% | 8% | 9% | 7% | 9% | 9% | 10% | 11% | 12% | 8% | 12% | 19% |
3 | 3 | 5 | 9 | 5 | 7 | 9 | 5 | 5 | 6 | 7 | 5 | |
Interest | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
Depreciation | 9 | 5 | 5 | 7 | 7 | 7 | 8 | 8 | 9 | 10 | 9 | 9 |
Profit before tax | 16 | 11 | 14 | 12 | 12 | 14 | 16 | 12 | 18 | 12 | 23 | 61 |
Tax % | 28% | 28% | 33% | 34% | 35% | 27% | 26% | 21% | 18% | 26% | 22% | 25% |
11 | 8 | 9 | 8 | 8 | 10 | 12 | 10 | 15 | 9 | 18 | 45 | |
EPS in Rs | 1.12 | 0.79 | 0.93 | 0.82 | 0.77 | 1.02 | 1.20 | 0.97 | 1.48 | 0.91 | 1.82 | 4.51 |
Dividend Payout % | 25% | 32% | 32% | 37% | 39% | 35% | 30% | 25% | 24% | 31% | 22% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 17% |
3 Years: | 21% |
TTM: | 66% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 34% |
3 Years: | 54% |
TTM: | 209% |
Stock Price CAGR | |
---|---|
10 Years: | 28% |
5 Years: | 71% |
3 Years: | 80% |
1 Year: | 282% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 7% |
3 Years: | 8% |
Last Year: | 15% |
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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Reserves | 109 | 115 | 121 | 175 | 182 | 193 | 199 | 215 | 230 | 241 | 259 | 302 |
2 | 7 | 4 | 10 | 11 | 8 | 10 | 10 | 7 | 4 | 4 | 41 | |
13 | 12 | 12 | 21 | 17 | 15 | 24 | 20 | 23 | 20 | 31 | 35 | |
Total Liabilities | 129 | 139 | 141 | 210 | 214 | 221 | 237 | 249 | 264 | 269 | 298 | 383 |
49 | 47 | 44 | 91 | 85 | 88 | 96 | 99 | 97 | 95 | 98 | 108 | |
CWIP | 2 | 2 | 3 | 0 | 7 | 0 | 0 | 3 | 0 | 0 | 1 | 2 |
Investments | 17 | 34 | 0 | 69 | 25 | 65 | 79 | 85 | 90 | 106 | 88 | 67 |
60 | 56 | 94 | 50 | 96 | 68 | 62 | 62 | 78 | 69 | 112 | 205 | |
Total Assets | 129 | 139 | 141 | 210 | 214 | 221 | 237 | 249 | 264 | 269 | 298 | 383 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0 | -3 | 33 | 17 | 1 | 10 | 25 | 11 | 7 | 22 | -12 | -38 | |
-0 | -5 | -2 | -61 | 5 | -3 | -20 | -9 | -1 | -13 | 16 | 8 | |
1 | 1 | 1 | 4 | -4 | -7 | -7 | -1 | -7 | -7 | -5 | 31 | |
Net Cash Flow | 0 | -7 | 32 | -39 | 3 | -1 | -2 | 1 | -1 | 2 | -2 | 2 |
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 | 34 | 38 | 56 | 50 | 57 | 55 | 38 | 44 | 31 | 24 | 44 | 78 |
Inventory Days | 75 | 72 | 82 | 74 | 74 | 94 | 102 | 91 | 116 | 76 | 168 | 185 |
Days Payable | 10 | 7 | 7 | 15 | 11 | 6 | 29 | 6 | 25 | 13 | 47 | 27 |
Cash Conversion Cycle | 100 | 103 | 130 | 108 | 120 | 143 | 110 | 128 | 122 | 87 | 165 | 236 |
Working Capital Days | 75 | 77 | 106 | 89 | 102 | 113 | 89 | 110 | 107 | 84 | 143 | 139 |
ROCE % | 14% | 8% | 9% | 8% | 5% | 6% | 7% | 5% | 6% | 4% | 7% | 19% |
Documents
Announcements
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Board Meeting Intimation for Board Meeting For The Quarter Ended 30Th June 2025 Is Scheduled On 04Th August 2025 At 3.30 PM To Consider And Approve The Unaudited Financials Results For The Quarter Ended 30Th June 2025.
24 Jul - Board meeting on Aug 4 to review Q1 results, appoint director, adopt new articles, and appoint secretarial auditor.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
21 Jul - Certificate under Reg 74(5) of SEBI ( DP) Regulations,2018 for the June Quarter ended 2025.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 2 Jul
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 2 Jul
- Shareholder Meeting / Postal Ballot-Outcome of AGM 2 Jul
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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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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Business Overview:[1][2]
VTM, part of the Thiagarajar Group, specializes in manufacturing grey weaving requirements and Greige & Processed Fabrics for export and domestic markets. The company offers specialty fabrics like Structured, Dobby, Plain, Twill, Satin, and Jacquard designs, with widths ranging from 38” to 144”.