Vardhman Textiles Ltd
Vardhman textiles is engaged in the business of manufacturing Yarn, Fabric, Acrylic Fiber and Garments, the Group has over the years developed as a business conglomerate with a presence in India and in 75 countries across the globe. [1]
- Market Cap ₹ 9,141 Cr.
- Current Price ₹ 316
- High / Low ₹ 576 / 246
- Stock P/E 5.91
- Book Value ₹ 267
- Dividend Yield 2.14 %
- ROCE 23.7 %
- ROE 21.8 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 1.20 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 18.9% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of 9.80% over past five years.
- Company has a low return on equity of 13.2% for last 3 years.
* 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: Textiles Industry: Textiles - Cotton/Blended
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4,386 | 4,614 | 4,939 | 6,128 | 6,741 | 5,848 | 6,030 | 6,248 | 6,878 | 6,735 | 6,140 | 9,622 | 10,507 | |
3,296 | 3,998 | 3,964 | 4,668 | 5,623 | 4,672 | 4,831 | 5,345 | 5,684 | 5,798 | 5,326 | 7,348 | 8,187 | |
Operating Profit | 1,090 | 616 | 975 | 1,460 | 1,118 | 1,176 | 1,199 | 903 | 1,194 | 937 | 814 | 2,274 | 2,321 |
OPM % | 25% | 13% | 20% | 24% | 17% | 20% | 20% | 14% | 17% | 14% | 13% | 24% | 22% |
66 | 66 | 51 | 74 | 161 | 158 | 591 | 215 | 239 | 187 | 222 | 264 | 242 | |
Interest | 137 | 174 | 177 | 151 | 125 | 89 | 129 | 118 | 120 | 135 | 113 | 100 | 100 |
Depreciation | 265 | 274 | 295 | 335 | 532 | 374 | 343 | 240 | 254 | 333 | 364 | 368 | 369 |
Profit before tax | 755 | 235 | 553 | 1,048 | 622 | 872 | 1,318 | 760 | 1,059 | 655 | 559 | 2,071 | 2,093 |
Tax % | 25% | 28% | 30% | 27% | 28% | 28% | 25% | 22% | 30% | 10% | 24% | 25% | |
Net Profit | 525 | 141 | 356 | 718 | 400 | 615 | 981 | 581 | 731 | 578 | 410 | 1,547 | 1,561 |
EPS in Rs | 16.50 | 4.44 | 11.20 | 22.57 | 12.57 | 19.31 | 34.17 | 20.24 | 25.43 | 20.08 | 14.24 | 53.55 | 54.10 |
Dividend Payout % | 7% | 20% | 11% | 10% | 16% | 15% | 8% | 15% | 14% | 0% | 24% | 12% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 10% |
3 Years: | 12% |
TTM: | 45% |
Compounded Profit Growth | |
---|---|
10 Years: | 28% |
5 Years: | 19% |
3 Years: | 33% |
TTM: | 97% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 6% |
3 Years: | 19% |
1 Year: | -14% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 13% |
3 Years: | 13% |
Last Year: | 22% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
63 | 63 | 63 | 63 | 63 | 61 | 55 | 56 | 56 | 57 | 57 | 57 | |
Reserves | 2,202 | 2,144 | 2,444 | 3,070 | 3,313 | 3,939 | 4,218 | 4,897 | 5,534 | 5,991 | 6,412 | 7,647 |
2,944 | 2,757 | 3,174 | 3,373 | 2,640 | 2,630 | 2,238 | 2,321 | 2,278 | 2,221 | 2,132 | 1,983 | |
918 | 1,004 | 1,109 | 1,360 | 1,363 | 883 | 990 | 971 | 1,150 | 1,087 | 1,032 | 1,292 | |
Total Liabilities | 6,126 | 5,968 | 6,789 | 7,865 | 7,378 | 7,513 | 7,502 | 8,246 | 9,018 | 9,356 | 9,632 | 10,979 |
2,537 | 2,578 | 2,704 | 3,154 | 2,875 | 2,627 | 2,591 | 2,631 | 3,201 | 3,628 | 3,539 | 3,494 | |
CWIP | 125 | 185 | 213 | 94 | 83 | 86 | 49 | 106 | 274 | 142 | 78 | 241 |
Investments | 233 | 512 | 581 | 784 | 869 | 1,313 | 1,868 | 1,834 | 1,346 | 1,145 | 1,075 | 1,691 |
3,231 | 2,694 | 3,291 | 3,833 | 3,551 | 3,488 | 2,994 | 3,676 | 4,198 | 4,441 | 4,941 | 5,553 | |
Total Assets | 6,126 | 5,968 | 6,789 | 7,865 | 7,378 | 7,513 | 7,502 | 8,246 | 9,018 | 9,356 | 9,632 | 10,979 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
31 | 1,020 | 333 | 834 | 1,412 | 915 | 1,350 | 103 | 499 | 849 | 168 | 1,445 | |
-456 | -652 | -517 | -780 | -315 | -451 | -343 | -167 | -278 | -379 | -116 | -899 | |
234 | -355 | 165 | -39 | -975 | -365 | -1,180 | 92 | -252 | -296 | -175 | -571 | |
Net Cash Flow | -192 | 13 | -19 | 16 | 122 | 99 | -173 | 28 | -30 | 175 | -122 | -26 |
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 | 56 | 50 | 55 | 52 | 44 | 49 | 44 | 44 | 43 | 44 | 62 | 50 |
Inventory Days | 360 | 212 | 281 | 296 | 200 | 249 | 218 | 242 | 265 | 276 | 314 | 231 |
Days Payable | 23 | 16 | 13 | 22 | 23 | 23 | 31 | 31 | 32 | 37 | 34 | 32 |
Cash Conversion Cycle | 392 | 245 | 323 | 326 | 221 | 274 | 232 | 255 | 276 | 283 | 342 | 249 |
Working Capital Days | 214 | 149 | 166 | 149 | 93 | 127 | 111 | 154 | 163 | 170 | 215 | 185 |
ROCE % | 19% | 8% | 13% | 19% | 11% | 15% | 15% | 11% | 14% | 10% | 8% | 24% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 10 Aug
-
Announcement under Regulation 30 (LODR)-Change in Directorate
6 Aug - Subject to approval of the Members, the Board of the Company in its meeting held today (i.e. 6th August, 2022), has appointed Ms. Sagrika Jain …
-
Demat Report For The Month Ended July, 2022.
5 Aug - 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, please find attached herewith necessary certificate giving particulars of shares i.e. Distinctive No(s), Certificate No(s), No. …
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
28 Jul - Read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015, please find enclosed herewith transcript of the earnings conference call of the …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 28 Jul
Annual reports
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2010
from nse
Concalls
-
Jul 2022TranscriptPPT
-
May 2022TranscriptPPT
-
Jun 2021TranscriptPPT
-
Oct 2020TranscriptPPT
-
Nov 2019TranscriptPPT
-
Feb 2019TranscriptPPT
-
Nov 2018TranscriptPPT
-
May 2017TranscriptPPT
-
May 2016TranscriptPPT
Products
Yarn: They have Specialty Yarns, Dyed Yarns, Acrylic, Fancy & Hand Knitting Yarns, and Grey Yarns. [1]
Fabrics: engaged in the production of fabrics for both tops and bottoms in the apparel segment catering to a large number of retailers in the USA, Europe, and Asia amongst others