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NSE:VTL

VARDHMAN TEXTILES LIMITED

Textiles › Textiles & Apparels·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 250+4
₹506.70
at close · 28 Oct 2026
▲ 11.60 (+2.34%)

Latest filings

  1. Special window for physical share transfer and dematerialisation · Compliance
  2. RTA submits dematerialization certificate under Reg 74(5) for Q2 FY27 · Compliance
  3. Demat report: 7,800 shares converted to electronic form in September 2026 · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Spins cotton yarn, weaves fabric, and sews garments on an integrated scale, selling to domestic mills, Chinese and Bangladesh yarn buyers, and US garment/home-textile brands. In FY26, the Textiles segment generated ₹9,652.33 crore at a 10.4% EBIT margin, while a small Acrylic Fibre business added ₹318.57 crore at a 5.8% EBIT margin. Raw materials, mainly cotton, are the dominant input at 54.5% of revenue, with employees at 9.4% and other operating costs at 22.8%. Capex ran at 17.6% of revenue in FY26 and announced total capex stands at ₹3,660 crore, covering biomass boilers, a 55-60 tons/day open-end project, synthetic fabric expansion, a 4th cotton fabric line, and a garmenting capacity build-out from 7,000 shirts/day to 4.5 million units. Direct exports contribute 44-45% of revenue, and the company has invested ₹24.46 crore for a 31.2% stake in a 19 MW wind-solar hybrid power project in Madhya Pradesh for captive use.

Revenue mix · reported segments
Textiles96.8%
Acrylic Fibre3.2%
Operating scale
Indian yarn exports (industry level)
~110 million kg/monthQ1 FY27
Direct exports share of revenue
44-45%FY26
Garmenting capacity expansion
From 7,000 shirts/day to 4.5 million units (peak gross revenue ₹300-350 crore)Ramp by Q1 FY28
Open-end project
55-60 tons/dayUnder construction, ~10 months
Cotton-yarn spread
$0.90-0.95/kgQ4 FY26 / Q1 FY27
Total announced capex
₹3,660 croreFY26
Who pays it
Domestic and export yarn buyers, fabric customers, and garment/home-textile brands — direct exports at 44-45% of revenue feed markets including China, Bangladesh, and the US.
Biggest cost
Raw materials, principally cotton, at 54.5% of revenue in FY26.
Kind of business
Cyclical, asset-heavy integrated cotton textile manufacturer spanning spinning, weaving, processing, and garmenting.
Where it sits
Large Indian integrated textiles player with FY26 revenue of ₹9,869.05 crore and yarn exports tracking industry volumes of ~110 million kg/month.
Market Cap
₹14,669 Cr
P / E (TTM)
17.0×
EV / EBITDA
10.2×
Div Yield
0.99%
Growth
10.0%▲
Revenue 5y CAGR
PAT +12.3% · EBITDA +7.6%
Quality
10.8%·
ROCE (5y median)
ROE 8.9% (5y median) · margin 14.8%
Leverage
0.18·
Debt / Equity · low
Net debt ₹1,811 Cr
Revenue FY21→FY26
1.6×▲
Margin +0.8 pts
₹6,140 Cr → ₹9,869 Cr
Cash conversion
1.08×▲
Operating cash ÷ profit · 5 yrs
₹4,994 Cr on ₹4,633 Cr
Moves on a normal day
1.09%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 229 Other Textile Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#92/179
P/B#104/185
ROCE#77/215
ROE#71/188
Debt / Equity#68/188
EBITDA margin#29/198
Revenue growth#66/192
Profit growth#80/203

Scorecard

Measured from the filed financials, judged against its Other Textile Products peers · as of FY26 — not investment advice

Strengths
Profit compounding 12% a year over 5 years
Debt at 0.18× equity
lower than 64% of its 188 Other Textile Products peers
Over 5 years it reported ₹4,633 Cr of profit and ₹4,994 Cr of operating cash — 1.08×
Profit is converting into cash
Concerns
Erratic profits — up in only 2 of the last 5 years
Heavy working capital — 165 days of cash tied up
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

VTL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from VARDHMAN TEXTILES LIMITED's filed financials and exchange disclosures

What does VARDHMAN TEXTILES LIMITED do?

VARDHMAN TEXTILES LIMITED is a Textiles & Apparels company listed on NSE and BSE, trading under the symbol VTL.

Is VARDHMAN TEXTILES LIMITED profitable?

Yes. Over the trailing twelve months VARDHMAN TEXTILES LIMITED reported a net profit of ₹860 Cr on revenue of ₹10,186 Cr.

Does VARDHMAN TEXTILES LIMITED pay a dividend?

Yes. The dividend yield is 0.99% at the current price. It paid out 19% of its profit as dividend in FY26.

Is VARDHMAN TEXTILES LIMITED debt-free?

No. It reported borrowings of ₹1,855 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹1,811 Cr after cash. Debt stands at 0.18× equity. That is lower than 64% of its 188 Other Textile Products peers.

Is VARDHMAN TEXTILES LIMITED expensive compared with its peers?

On trailing P/E, VARDHMAN TEXTILES LIMITED ranks 92 of 179 in Other Textile Products — cheaper than 49% of them, against an industry median of 16.8×. This is a position, not a valuation judgement.

How much does the VARDHMAN TEXTILES LIMITED share price move in a day?

On a typical session VARDHMAN TEXTILES LIMITED moves 1.09% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track VARDHMAN TEXTILES LIMITED's announcements?

Every NSE and BSE filing by VARDHMAN TEXTILES LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.