Vardhman Holdings Ltd
Vardhman Holdings Ltd, incorporated in 1962, is part of the Vardhman group. The company is a registered NBFC. The company has assets other than that related to the textile business, which mainly comprises investments. The earnings at present are in the nature of dividends on investments. The company’s current portfolio consists of investments into debt, equity and real estate. [1][2]
- Market Cap ₹ 966 Cr.
- Current Price ₹ 3,028
- High / Low ₹ 3,788 / 2,425
- Stock P/E 32.2
- Book Value ₹ 2,851
- Dividend Yield 0.17 %
- ROCE 0.41 %
- ROE 0.83 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.06 times its book value
Cons
- The company has delivered a poor sales growth of -34.6% over past five years.
- Company has a low return on equity of 4.78% over last 3 years.
- Dividend payout has been low at 11.9% of profits over last 3 years
- Working capital days have increased from 323 days to 569 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
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
13 | 12 | 19 | 30 | 52 | 189 | 49 | 32 | 39 | 20 | 115 | 6 | 38 | |
55 | 1 | 2 | 1 | 4 | 2 | 3 | 3 | 6 | 2 | 3 | 4 | 3 | |
Operating Profit | -42 | 11 | 17 | 29 | 48 | 187 | 46 | 29 | 33 | 18 | 112 | 2 | 35 |
OPM % | -314% | 89% | 91% | 96% | 93% | 99% | 94% | 91% | 85% | 89% | 97% | 26% | 92% |
109 | 1 | 1 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | |
Interest | -0 | -0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 67 | 12 | 18 | 31 | 49 | 188 | 47 | 30 | 35 | 19 | 114 | 3 | 37 |
Tax % | 18% | 8% | 4% | 3% | 3% | 3% | 5% | 1% | 4% | 20% | 27% | -104% | |
55 | 11 | 17 | 30 | 48 | 182 | 45 | 30 | 33 | 15 | 83 | 7 | 30 | |
EPS in Rs | 172.30 | 35.85 | 54.68 | 94.94 | 150.93 | 569.14 | 140.15 | 94.78 | 104.34 | 47.16 | 261.19 | 21.62 | 94.13 |
Dividend Payout % | 1% | 8% | 5% | 3% | 2% | 1% | 4% | 5% | -0% | 11% | 2% | 23% |
Compounded Sales Growth | |
---|---|
10 Years: | -7% |
5 Years: | -35% |
3 Years: | -47% |
TTM: | 122% |
Compounded Profit Growth | |
---|---|
10 Years: | -5% |
5 Years: | -31% |
3 Years: | -41% |
TTM: | 100% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 8% |
3 Years: | 23% |
1 Year: | 15% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 172 | 183 | 199 | 228 | 275 | 455 | 594 | 598 | 600 | 666 | 791 | 874 | 907 |
-0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
2 | 1 | 1 | 2 | 2 | 5 | 3 | 5 | 4 | 2 | 1 | 1 | 3 | |
Total Liabilities | 177 | 187 | 204 | 233 | 280 | 463 | 601 | 607 | 607 | 671 | 795 | 878 | 913 |
1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |
CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Investments | 174 | 181 | 198 | 228 | 271 | 416 | 552 | 556 | 457 | 530 | 755 | 842 | 858 |
3 | 6 | 5 | 5 | 9 | 46 | 46 | 48 | 147 | 137 | 36 | 32 | 52 | |
Total Assets | 177 | 187 | 204 | 233 | 280 | 463 | 601 | 607 | 607 | 671 | 795 | 878 | 913 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 9 | 13 | 22 | 38 | -34 | 24 | 29 | -68 | 82 | 77 | 1 | |
-9 | -6 | -14 | -21 | -36 | 36 | -21 | -26 | 72 | -10 | -150 | 2 | |
-1 | -1 | -1 | -1 | -1 | -1 | -2 | -2 | -2 | -0 | -2 | -2 | |
Net Cash Flow | -0 | 2 | -2 | 0 | 0 | 1 | 0 | 1 | 2 | 72 | -75 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Working Capital Days | 14 | 57 | 56 | 24 | 20 | 72 | 23 | 5 | 922 | 372 | 28 | 569 |
ROCE % | 9% | 7% | 9% | 14% | 19% | 51% | 9% | 5% | 6% | 3% | 16% | 0% |
Documents
Announcements
- Compliance Certificate Under Regulation 40(10) Of SEBI (LODR) Regulations, 2015. 16 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 9 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Certificate pursuant to regulation 74(5) of SEBI (DP) Regulations, 2018.
- Demat Report For The Month Ended 31St March, 2024. 2 Apr
- Closure of Trading Window 28 Mar
Annual reports
-
Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2013
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Revenue Mix
Interest Income: 12% in FY22 vs 39% in FY21
Net Gain on FV changes: 80% in FY22 vs 60% in FY21
Dividend income: 8% in FY22 vs .3% in FY21 [1]