Vardhman Polytex Ltd
- Market Cap ₹ 409 Cr.
- Current Price ₹ 8.91
- High / Low ₹ 15.4 / 8.31
- Stock P/E
- Book Value ₹ -12.5
- Dividend Yield 0.00 %
- ROCE 28.4 %
- ROE %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.06% over past five years.
- Promoter holding is low: 34.2%
- Promoters have pledged or encumbered 69.6% of their holding.
- Promoter holding has decreased over last 3 years: -25.9%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
803 | 852 | 939 | 1,051 | 1,019 | 951 | 925 | 637 | 808 | 560 | 507 | 928 | |
689 | 871 | 837 | 947 | 950 | 889 | 863 | 698 | 807 | 560 | 493 | 868 | |
Operating Profit | 114 | -19 | 102 | 104 | 69 | 62 | 61 | -61 | 2 | -0 | 15 | 59 |
OPM % | 14% | -2% | 11% | 10% | 7% | 6% | 7% | -10% | 0% | -0% | 3% | 6% |
5 | 22 | 13 | 24 | -10 | 52 | 12 | 3 | 2 | 177 | 3 | 3 | |
Interest | 57 | 86 | 76 | 88 | 91 | 90 | 77 | 84 | 60 | 60 | 59 | 64 |
Depreciation | 39 | 45 | 52 | 48 | 42 | 38 | 30 | 30 | 18 | 16 | 15 | 14 |
Profit before tax | 23 | -127 | -13 | -8 | -74 | -15 | -33 | -172 | -74 | 102 | -57 | -16 |
Tax % | 40% | -18% | -48% | -18% | -40% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
14 | -100 | -7 | -6 | -45 | -15 | -33 | -172 | -74 | 102 | -57 | -16 | |
EPS in Rs | 0.77 | -4.55 | -0.21 | -0.25 | -1.54 | -0.52 | -1.15 | -5.90 | -2.54 | 3.50 | -1.95 | -0.53 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | 0% |
3 Years: | 5% |
TTM: | 83% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 9% |
3 Years: | 21% |
TTM: | 72% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 59% |
3 Years: | 54% |
1 Year: | -26% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 16 | 18 | 20 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
Reserves | 117 | 19 | 23 | 32 | 6 | -40 | -86 | -258 | -414 | -313 | -371 | -386 |
652 | 660 | 654 | 613 | 581 | 534 | 530 | 581 | 446 | 490 | 523 | 529 | |
82 | 86 | 129 | 154 | 149 | 159 | 189 | 168 | 270 | 113 | 131 | 161 | |
Total Liabilities | 868 | 781 | 823 | 819 | 758 | 676 | 655 | 513 | 324 | 313 | 306 | 326 |
481 | 554 | 517 | 490 | 397 | 368 | 363 | 340 | 211 | 196 | 183 | 170 | |
CWIP | 30 | 22 | 14 | 8 | 4 | 7 | 7 | 3 | 0 | 0 | 0 | 0 |
Investments | 1 | 1 | 3 | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
355 | 205 | 290 | 313 | 357 | 301 | 286 | 170 | 112 | 117 | 123 | 156 | |
Total Assets | 868 | 781 | 823 | 819 | 758 | 676 | 655 | 513 | 324 | 313 | 306 | 326 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-2 | 214 | 90 | 71 | 85 | 109 | 92 | 51 | 134 | 13 | 24 | 61 | |
-25 | -90 | -2 | -11 | 2 | -7 | -24 | -5 | 114 | 0 | -1 | -1 | |
28 | -132 | -70 | -72 | -90 | -103 | -68 | -51 | -251 | -14 | -23 | -61 | |
Net Cash Flow | 1 | -8 | 18 | -12 | -4 | -1 | -0 | -5 | -4 | -0 | -0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 41 | 27 | 38 | 33 | 26 | 35 | 34 | 16 | 4 | 4 | 6 | 4 |
Inventory Days | 127 | 28 | 45 | 56 | 81 | 49 | 51 | 32 | 12 | 18 | 19 | 23 |
Days Payable | 27 | 23 | 49 | 46 | 43 | 44 | 47 | 38 | 26 | 53 | 74 | 54 |
Cash Conversion Cycle | 141 | 33 | 33 | 43 | 64 | 41 | 38 | 10 | -10 | -31 | -49 | -26 |
Working Capital Days | -4 | -100 | -43 | -41 | -46 | -61 | -85 | -223 | -296 | -358 | -430 | -233 |
ROCE % | -7% | 8% | 10% | 8% | 12% | 9% | -21% | -7% | -10% | 1% | 28% |
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
29 Aug - 45th AGM (28 Aug 2025): Six resolutions passed, including reappointment of MD Adish Oswal.
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Appointment Of Secretarial Auditors
28 Aug - 45th AGM approved five-year auditors and re-appointed Adish Oswal as MD (24 Nov 2025–23 Nov 2028).
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
28 Aug - 45th AGM: auditors appointed for five years; MD Adish Oswal re-appointed from 24 Nov 2025 to 23 Nov 2028.
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Announcement under Regulation 30 (LODR)-Change in Directorate
28 Aug - 28.08.2025 AGM: auditors appointed for 5 years; MD Adish Oswal re-appointed 24.11.2025–23.11.2028.
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Proceedings Of AGM Held On 28.08.2025
28 Aug - 45th AGM on 28 Aug 2025: adopted FY2025 accounts; director/MD reappointments; auditors, cost/secretarial auditors appointed.
Annual reports
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Financial Year 2025
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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 2013
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Financial Year 2012
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Business Overview:[1][2]
VPL is a flagship company of Oswal Group. It manufactures range of Cotton Yarns (Carded, Combed, Organic, BCI), Cotton Polyester Yarns and Value Added Yarns (Grey and Dyed) in variable counts. Company has entered into arrangement with few vendors, from whom company is purchases raw materials, processes it and sells the finished output back to them