Vardhman Textiles Ltd.

NSE: VTL · Textiles

₹508.80-4.89%06 Nov 2026

Ask the data

Instant answers about Vardhman Textiles Ltd. — computed from its filings, no language model

Market cap₹14,496 cr

Current price₹508.80

High / Low₹666 / ₹403

P/E14.2

P/B1.31

Book value₹388.0

ROE9.2%

ROCE10.6%

Debt / equity0.16

Dividend yield1.01%

EPS (TTM)₹35.73

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	6,248	6,878	6,735	6,140	9,622	10,137	9,505	9,785	9,869
EBITDA	903	1,194	937	814	2,274	1,324	973	1,263	1,239
Operating margin	14.5%	17.4%	13.9%	13.3%	23.6%	13.1%	10.2%	12.9%	12.6%
Interest	118	120	135	113	100	102	102	77	92
Depreciation	240	254	333	364	368	394	405	401	465
Profit before tax	742	1,043	643	538	2,031	1,019	792	1,121	905
Tax	167	318	64	136	520	255	198	282	202
Net profit	0	731	578	410	1,547	795	632	883	745
EPS ₹	106.56	129.45	102.22	72.52	54.58	27.96	22.20	31.05	26.18
Operating cash flow	—	—	—	—	1,445	1,853	-1,055	1,644	1,108
Capex	—	—	—	—	519	622	284	1,033	1,738
Dividend paid	—	—	—	—	349	1	106	118	146
Total assets	8,244	9,016	9,354	9,617	10,979	11,333	11,981	12,432	13,866
Equity	4,954	5,591	6,048	6,468	7,704	8,563	9,100	9,966	10,514

Quarterly performance

last 32 quarters · ₹ crore

showing latest 8 of 32 periods

	MAR '18	SEP '18	DEC '18	MAR '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	1,510	1,685	1,729	1,763	1,664	1,825	1,596	817	1,625	1,750	1,947	1,927	2,385	2,603	2,707	2,470	2,370	2,486	2,318	2,397	2,330	2,459	2,309	2,502	2,465	2,509	2,386	2,480	2,505	2,498	2,703	2,866
Operating profit	259	331	307	263	250	212	225	-2	145	277	394	479	676	619	499	358	179	262	215	205	244	308	348	315	313	287	326	334	284	294	474	561
Operating margin	17.2%	19.6%	17.8%	14.9%	15.0%	11.6%	14.1%	-0.2%	8.9%	15.8%	20.2%	24.8%	28.4%	23.8%	18.4%	14.5%	7.5%	10.5%	9.3%	8.6%	10.5%	12.5%	15.1%	12.6%	12.7%	11.4%	13.7%	13.5%	11.3%	11.8%	17.5%	19.6%
Other income	61	42	60	93	30	70	41	43	54	57	47	45	67	64	48	30	66	75	94	90	75	67	66	82	68	120	70	37	58	58	78	53
Interest	35	29	27	30	34	29	35	34	28	23	28	26	24	21	29	25	21	30	32	22	19	29	18	18	19	23	23	21	26	23	23	26
Depreciation	63	62	63	67	83	86	88	89	91	92	92	91	92	92	92	99	99	104	105	104	99	97	97	100	101	103	109	114	118	123	126	129
Profit before tax	223	282	278	259	163	166	144	-81	80	219	321	407	629	569	427	265	126	203	173	169	200	250	299	279	262	280	264	237	198	206	402	460
Tax	62	86	87	79	46	-32	-1	-22	23	53	82	99	156	147	118	68	31	51	45	42	50	62	72	93	61	55	68	61	45	27	104	118
Net profit	0	0	0	179	117	199	146	-64	60	171	243	315	482	0	322	205	102	159	136	134	160	201	238	197	211	237	207	187	166	185	310	357
EPS ₹	29.01	34.80	34.69	31.77	20.63	35.25	25.78	-11.38	10.66	30.17	43.05	55.58	84.99	75.61	11.35	7.20	3.60	5.58	4.80	4.72	5.63	7.05	8.38	6.92	7.40	8.35	7.28	6.57	5.85	6.49	10.88	12.54
Revenue YoY	—	—	—	16.8%	-1.3%	5.5%	-9.5%	—	-2.3%	-4.1%	22.0%	135.7%	46.8%	48.7%	39.0%	3.5%	-8.9%	-8.2%	—	-2.9%	-1.7%	-1.1%	-0.4%	4.4%	5.8%	2.0%	3.3%	-0.9%	1.6%	-0.4%	13.3%	15.5%
Profit YoY	—	—	—	—	—	—	-18.8%	—	-48.3%	-14.4%	67.1%	—	700.7%	-100.0%	32.3%	-57.5%	—	-50.7%	—	-34.5%	56.5%	26.4%	74.8%	46.6%	31.4%	18.3%	-13.1%	-5.0%	-21.0%	-22.2%	49.6%	90.9%

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Vardhman Textiles Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 9 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	2,472	2,765	3,651	3,970	4,207	5,226	5,887	5,661	5,852
Operating profit	392	562	945	545	876	1,316	1,087	1,160	1,282
Operating margin	15.8%	20.3%	25.9%	13.7%	20.8%	25.2%	18.5%	20.5%	21.9%
Other income	17	—	—	—	—	—	—	—	—
Interest	104	87	110	173	174	152	122	87	92
Depreciation	207	221	226	235	254	294	489	362	329
Profit before tax	62	287	609	145	455	879	489	865	949
Tax	-79	73	139	36	131	228	130	212	-53
Net profit	141	214	470	110	324	652	359	653	1,002

Quarters

showing latest 8 of 42 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	566	612	579	566	654	651	601	624	675	705	761	811	922	1,010	909	969	1,036	995	970	948	1,020	1,093	1,146	1,213	1,290	1,431	1,292	1,445	1,526	1,467	1,449	1,395	1,385	1,445	1,436	1,426	1,459	1,454	1,513	1,480	1,397	1,551
Operating profit	88	90	77	86	114	99	93	114	135	144	169	181	222	276	266	37	150	180	177	179	203	226	268	289	346	346	336	283	262	243	299	293	270	288	308	316	347	353	266	212	191	209
Operating margin	15.6%	14.7%	13.3%	15.2%	17.5%	15.2%	15.4%	18.2%	20.0%	20.5%	22.2%	22.4%	24.0%	27.4%	29.3%	3.8%	14.5%	18.1%	18.3%	18.8%	19.9%	20.7%	23.4%	23.8%	26.8%	24.2%	26.0%	19.6%	17.1%	16.6%	20.7%	21.0%	19.5%	19.9%	21.5%	22.1%	23.8%	24.3%	17.6%	14.3%	13.7%	13.5%
Other income	12	9	16	4	7	6	1	11	0	—	—	2	6	—	—	7	2	—	—	7	1	—	—	9	1	—	—	13	—	—	—	19	44	—	90	—	—	—	88	38	53	30
Interest	13	12	22	28	31	25	19	22	18	22	24	25	23	26	35	50	43	36	45	48	44	40	43	41	35	31	44	40	28	24	29	24	20	19	25	25	26	19	22	24	27	27
Depreciation	35	38	47	50	52	55	50	54	54	55	58	58	58	58	52	57	57	60	60	63	63	65	63	66	72	72	85	118	116	123	132	87	90	88	97	80	81	82	87	57	54	58
Profit before tax	51	49	24	11	17	17	17	49	63	67	108	98	146	192	174	-63	52	84	72	75	97	121	162	190	240	243	206	138	117	96	138	202	205	181	276	211	240	252	245	169	163	154
Tax	14	9	10	-99	-3	8	15	9	13	19	32	19	30	56	34	-20	16	24	15	20	27	37	47	46	62	68	52	31	25	26	48	54	46	53	59	61	-241	71	56	29	32	39
Net profit	37	40	14	110	19	9	2	40	50	48	76	79	116	136	139	-43	36	60	57	55	70	84	115	144	178	175	154	106	92	71	90	148	159	128	218	150	482	181	189	139	132	116
EPS ₹	6.47	6.94	2.43	18.99	3.36	1.59	0.42	6.91	8.73	8.27	13.09	13.63	20.07	21.98	21.91	-6.77	5.62	9.47	8.91	8.62	10.99	13.14	18.11	22.70	27.94	27.53	24.25	16.70	14.41	11.15	14.17	23.25	25.02	20.16	34.17	24.18	77.60	29.18	30.88	24.90	23.24	20.32
Revenue YoY	—	—	—	—	15.5%	6.3%	3.7%	10.2%	3.2%	8.4%	26.6%	30.0%	36.5%	43.2%	19.5%	19.5%	12.4%	-1.5%	6.8%	-2.2%	-1.5%	9.9%	18.1%	27.9%	26.5%	31.0%	12.7%	19.2%	18.3%	2.5%	12.1%	-3.5%	-9.2%	-1.5%	-0.9%	2.2%	5.3%	0.6%	5.4%	3.8%	-4.2%	6.7%
Profit YoY	—	—	—	—	-48.0%	-77.0%	-82.5%	-63.6%	159.5%	418.9%	2987.3%	97.2%	130.0%	183.7%	84.4%	-154.7%	-69.2%	-55.5%	-59.4%	—	95.6%	38.7%	103.3%	163.3%	154.2%	109.6%	33.9%	-26.5%	-48.4%	-59.5%	-41.6%	39.3%	73.7%	80.8%	141.2%	1.4%	202.4%	41.1%	-13.1%	-7.2%	-72.7%	-36.0%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 22 periods

	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	6.6%	5.6%	5.2%	6.3%	12.2%	18.7%	16.1%	14.5%	7.0%	6.0%	6.7%	6.9%	8.1%	8.4%	9.0%	8.9%	8.5%	8.3%	7.9%	7.1%	8.1%	9.2%
ROCE	6.5%	5.4%	6.0%	7.6%	13.2%	19.5%	23.5%	22.0%	8.5%	7.5%	8.2%	8.2%	9.2%	10.7%	11.3%	10.7%	10.4%	9.7%	9.2%	8.1%	9.2%	10.6%
Net margin	6.7%	5.8%	5.4%	6.7%	10.9%	15.1%	11.7%	11.6%	6.2%	5.6%	6.2%	6.6%	7.7%	8.3%	8.7%	9.0%	8.6%	8.6%	8.1%	7.6%	8.3%	9.6%
EBITDA margin	11.6%	9.9%	11.1%	13.3%	17.9%	22.8%	24.5%	23.6%	10.5%	9.0%	9.7%	10.2%	11.6%	12.7%	13.2%	12.9%	12.6%	12.8%	12.5%	12.6%	13.6%	15.3%
Debt / equity	0.33	0.33	0.33	0.33	0.33	0.33	0.33	0.26	0.20	0.17	0.17	0.20	0.20	0.10	0.10	0.12	0.12	0.15	0.15	0.18	0.18	0.16
Interest coverage	3.98	3.45	4.01	5.75	10.74	16.61	20.42	21.37	8.07	7.36	8.15	8.75	11.48	13.33	14.15	15.50	14.23	13.29	11.62	10.79	12.21	13.89
Asset turnover	0.63	0.63	0.62	0.64	0.75	0.83	0.92	0.88	0.85	0.84	0.83	0.79	0.79	0.82	0.84	0.79	0.79	0.75	0.75	0.71	0.73	0.74

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 18 periods

	MAR '14‡	MAR '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	63	63	61	55	56	56	57	57	57	57	57	57	57	57	57	57	57	57
Other equity / reserves	3,070	3,313	4,042	4,218	4,897	5,535	5,991	6,412	7,647	8,184	8,507	8,778	9,043	9,369	9,909	10,098	10,457	10,996
Total equity	3,132	3,375	4,103	4,273	4,954	5,591	6,048	6,468	7,704	8,240	8,563	8,835	9,100	9,426	9,966	10,155	10,514	11,053
Borrowings	2,896	1,892	2,070	1,809	2,031	1,975	2,003	2,132	1,983	1,537	1,677	1,515	1,791	951	1,238	1,478	1,855	1,795
Current liabilities	—	—	2,106	2,086	1,686	1,862	1,636	1,424	1,930	1,512	1,445	1,320	2,062	1,446	1,362	1,317	1,680	1,709
Non-current liabilities	—	—	1,305	1,030	1,496	1,450	1,550	1,592	1,208	1,224	1,236	1,218	731	694	1,104	1,613	1,598	1,516
Total assets	7,865	7,378	7,513	7,501	8,244	9,016	9,354	9,617	10,979	11,119	11,333	11,463	11,981	11,651	12,432	13,153	13,866	14,355
Property, plant & equipment	3,115	2,840	2,603	2,571	2,615	3,186	3,593	3,504	3,470	3,568	3,933	3,803	3,757	3,701	4,140	4,224	5,084	5,359
Capital work-in-progress	94	83	86	49	106	274	142	78	241	415	51	37	61	271	252	873	586	637
Investments	784	869	1,313	934	979	592	572	508	620	2,339	2,549	2,983	1,699	2,687	1,844	1,787	1,828	2,088
Inventories	2,192	1,916	1,925	1,753	2,257	2,610	2,681	2,796	2,882	2,321	2,393	2,238	4,180	2,761	3,761	3,773	3,643	3,380
Receivables	868	810	778	734	758	803	821	1,039	1,321	1,140	1,191	1,163	1,220	1,205	1,298	1,282	1,306	1,516
Cash & equivalents	81	203	215	42	70	40	215	93	67	25	76	20	34	30	54	57	43	49

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 13 periods

	FY14‡	FY15‡	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	834	1,412	915	1,350	103	499	849	168	1,445	1,853	-1,055	1,644	1,108
Cash from investing	-780	-315	-451	-343	-167	-278	-379	-116	-899	-1,445	1,104	-892	-1,516
Cash from financing	-39	-975	-365	-1,180	92	-252	-296	-174	-571	-399	-90	-733	398
Capex	658	313	389	310	367	908	657	243	519	622	284	1,033	1,738
Free cash flow	176	1,100	526	1,040	-263	-409	192	-75	926	1,231	-1,339	611	-630
Dividends paid	54	93	233	—	—	—	—	—	349	1	106	118	146

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹5,359 cr37%

CWIP

₹637 cr4%

Investments

₹2,088 cr15%

Inventories

₹3,380 cr24%

Receivables

₹1,516 cr11%

Cash & equivalents

₹49 cr0%

Other assets

₹1,326 cr9%

Peer comparison

largest in Textiles · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Page Industries Ltd.	40,076	35,930.00	53.0	26.67	50.3%
K.P.R. Mill Ltd.	39,799	1,164.40	153.9	6.40	4.2%
Welspun Living Ltd.	22,796	241.30	52.6	4.50	8.6%
Vardhman Textiles Ltd.	14,496	508.80	14.2	1.31	9.2%
Arvind Limited	13,459	494.75	29.3	3.17	10.8%
Pearl Global Industries Limited	12,368	1,338.80	34.1	7.42	21.8%
Trident Ltd.	12,169	23.88	25.4	2.50	9.8%
Indo Count Industries Limited	9,702	489.85	49.7	3.81	7.7%
PDS Limited	5,703	403.90	43.9	3.17	7.2%
Gokaldas Exports Limited	5,005	682.95	—	2.18	0.0%

StoxGud checklist: Neutral setup · 5/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-5.1%

6 months-14.7%

1 year+15.0%

3Y CAGR+12.5%

5Y CAGR+3.7%

10Y CAGR+8.8%

50-day avg₹544.94

200-day avg₹564.82

RSI (14)42

Compare Vardhman Textiles Ltd. with

Page Industries vs Vardhman Textiles K.P.R. Mill vs Vardhman Textiles Welspun Living vs Vardhman Textiles Vardhman Textiles vs Trident

FAQs

What is the share price of Vardhman Textiles Ltd.?

Vardhman Textiles Ltd. (VTL) closed at ₹508.80 on NSE on 06 Nov 2026.

What is the market cap of Vardhman Textiles Ltd.?

₹14,496 crore at the latest close.

What is the P/E ratio of Vardhman Textiles Ltd.?

14.2, on trailing-twelve-month earnings from its filings.

How fast is Vardhman Textiles Ltd. growing?

Vardhman Textiles Ltd.: revenue has compounded at -0.9% a year over three years; net profit at -2.1% a year. Latest-quarter revenue is up 15.5% year on year, profit up 90.9%.

How profitable is Vardhman Textiles Ltd.?

On a trailing-twelve-month basis return on equity is 9.2%, return on capital employed 10.6%, operating margin 15.3%, net margin 9.6%.

How much debt does Vardhman Textiles Ltd. have?

Vardhman Textiles Ltd. is lightly geared: debt to equity is 0.16 with borrowings of ₹1,795 cr against cash of ₹49 cr (balance sheet of 2026-09-30). Operating profit covers interest 13.9 times.

Financials parsed from Vardhman Textiles Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Mar '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.