Manufactures textiles, primarily home textiles, from a Tamil Nadu facility. Roughly 60% of revenue comes from home textiles and about 64% from exports, with the US as the dominant market. Customer concentration is high — a single US retailer (Quince) accounts for 40-45% of revenue, and the top customer group is around 50%. A new garment factory is running at full capacity, and a ₹50 crore Tamil Nadu MoU targets further loom expansion. Materials account for 68.2% of revenue and employees 7.2%. FY26 revenue was ₹371.98 crore with EBITDA margin of 7.56%, compared with FY25's 19.4% — a decline attributed primarily to ₹1,997.40 lakhs of customer discounts given to absorb the impact of US tariffs on home textiles. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Home textiles (60%), Other textile products (40%). Export-oriented, US-exposed textile manufacturer with concentrated customer base and high tariff sensitivity.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 194 | 209 | 208 | 345 | 372 |
| EBITDA (ex other income) | 23 | 17 | 26 | 67 | 25 |
| margin % | 11.9 | 8.2 | 12.5 | 19.4 | 6.6 |
| Owners' profit | 15 | 9 | 18 | 45 | 11 |
| EPS, as reported (₹) | 0.00 | 2.27 | 4.55 | 11.28 | 1.11 |
| ROE % · ROCE % | 6.4 · 7.6 | 3.7 · 5.1 | 7.0 · 8.9 | 14.8 · 19.5 | 3.6 · 4.9 |
| Debt / equity (x) | 0.03 | 0.02 | 0.01 | 0.13 | 0.24 |
| Cash from operations | 7 | 22 | (12) | (38) | 11 |
| Capex | (4) | (8) | (13) | (22) | (26) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 59 | 73 | 104 | 109 | 72 | 90 | 100 | 110 |
| Profit before tax | 9 | 13 | 25 | 16 | 6 | 3 | 5 | 1 |
| Net profit | 6 | 10 | 18 | 12 | 5 | 2 | 3 | 1 |
| EPS (₹) | 1.59 | 2.43 | 4.52 | 3.03 | 0.46 | 0.23 | 0.34 | 0.09 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 37,974 | 41.6 | 6.66 | 27.5 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 19,663 | 71.5 | 3.95 | 25.3 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 16,368 | 19.0 | 1.55 | 12.4 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 11,965 | 30.1 | 2.51 | 14.5 | 7.9 | 8.6 | 8.1 | 17.7 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 12 Aug 2026 · VTM Ltd appoints G. Gomathi Meenakshi as Company Secretary from 14 Aug 2026 | management changes | medium | — | — |
| 12 Aug 2026 · Company Secretary K Preyatharshine resigns from VTM Limited | management changes | medium | — | — |
| 12 Aug 2026 · VTM Q1 FY27: Revenue up 37%, but net profit falls 58% YoY | results | high | — | — |
| 12 Aug 2026 · VTM Ltd Q1 FY27 results: profit falls, revenue up; Company Secretary exits | management changes | medium | — | — |
| 7 Aug 2026 · VTM 79th AGM held on 31 July 2026 via video conference | board shareholder meetings | low | — | — |
| 4 Aug 2026 · Board meeting on 12 Aug to consider Q1 FY27 results | results | low | — | — |
| 3 Aug 2026 · VTM Ltd AGM 2026 - All 3 Resolutions Passed with Over 98% Majority | board shareholder meetings | low | — | — |
| 3 Aug 2026 · AGM 2026 results: VTM Limited gets all 3 resolutions passed with strong majority | compliance | minimal | — | — |
| 1 Aug 2026 · 79th AGM held via video conference; key resolutions tabled, voting results awaited | board shareholder meetings | low | — | — |
| 17 Jul 2026 · RTA compliance certificate for Q1 FY27 filed with BSE | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| INDO COUNT INDUSTRIES LTD |
| 8,757 |
| 58.0 |
| 3.72 |
| 21.1 |
| 5.4 |
| 5.4 |
| 10.5 |
| 13.3 |
| GARWARE TECH FIBRES LTD | 7,675 | 37.1 | 5.67 | 24.0 | 14.7 | 18.7 | 8.1 | 20.5 |
| JINDAL WORLDWIDE LTD | 5,314 | 63.1 | 6.17 | 40.6 | 8.1 | 9.0 | 6.1 | 8.7 |
| RAYMOND LIFESTYLE LIMITED | 4,213 | 97.2 | 0.44 | 7.7 | 0.5 | 0.7 | — | 8.9 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 43.6 | 14.8 | 164 of 205 | 20% |
| P/B | 1.6 | 1.3 | 108 of 183 | 41% |
| ROCE | 4.4 | 4.2 | 111 of 227 | 51% |
| ROE | 3.6 | 4.8 | 124 of 214 | 42% |
| Debt / Equity | 0.2 | 0.3 | 102 of 214 | 53% |
| EBITDA margin | 4.3 | 9.8 | 146 of 198 | 26% |
| Revenue growth | 1.4 | 6.9 | 111 of 192 | 42% |
| Profit growth | (92.6) | 20.0 | 167 of 203 | 18% |
| Market cap | 492 | 63 | 43 of 221 | 81% |
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| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
