Vardhman Textiles Limited (IN:VTL)
:VTL
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Vardhman Textiles Limited
(VTL)
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Rating:68Neutral
Price Target:
₹603.00
▲(41.68% Upside)
Action:ReiteratedDate:02/04/26
The score is driven primarily by solid financial performance (strong margins, improving profitability, and a strengthening balance sheet). Technicals are supportive but tempered by an overbought RSI, and valuation is reasonable on earnings but supported by only a low dividend yield.
Positive Factors
High gross margins
Sustained gross margins above 40% indicate durable manufacturing efficiency and pricing power across product lines. This margin buffer helps absorb cotton and energy cost swings, funds reinvestment in capacity/processing, and supports long-term profitability even with cyclic demand.
Negative Factors
Cash-flow volatility
Intermittent operating cash generation despite recent positive FCF suggests working-capital swings or timing issues. Persistent volatility can constrain consistent capex, dividends, or debt reduction plans and may force short-term financing during seasonal or cyclical downturns.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margins
Sustained gross margins above 40% indicate durable manufacturing efficiency and pricing power across product lines. This margin buffer helps absorb cotton and energy cost swings, funds reinvestment in capacity/processing, and supports long-term profitability even with cyclic demand.
Read all positive factors
Vardhman Textiles Limited (VTL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹155.10B
Dividend Yield1.13%
Average Volume (3M)50.55K
Price to Earnings (P/E)18.7
Beta (1Y)0.90
Revenue Growth2.50%
EPS Growth6.26%
CountryIN
Employees24,929
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)5.80
Shares Outstanding289,281,800
10 Day Avg. Volume12,830
30 Day Avg. Volume50,547
Financial Highlights & Ratios
PEG Ratio0.32
Price to Book (P/B)1.14
Price to Sales (P/S)1.16
P/FCF Ratio18.54
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)31.3
Revenue Forecast (FY)₹107.12B
Vardhman Textiles Limited Business Overview & Revenue Model
Company Description
Vardhman Textiles Limited, together with its subsidiaries, manufactures and sells textiles and fibre in India, rest of Asia, the United States, Europe, and the Middle East. It offers yarns, fabrics, fibers, threads, and garments. The company also ...
How the Company Makes Money
VTL primarily makes money by manufacturing and selling textile products, with revenue largely driven by (1) yarn sales and (2) fabric sales. Yarn revenue is generated through the sale of spun yarn (including cotton and blended varieties) to custom...
Vardhman Textiles Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
72
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 98.40B | 97.85B | 95.05B | 101.37B | 96.22B | 61.40B |
| Gross Profit | 37.19B | 40.42B | 35.73B | 39.11B | 47.98B | 26.94B |
| EBITDA | 13.42B | 13.20B | 10.37B | 13.81B | 23.11B | 8.49B |
| Net Income | 8.42B | 8.83B | 6.32B | 7.95B | 15.47B | 4.14B |
Balance Sheet | ||||||
| Total Assets | 131.53B | 124.32B | 119.81B | 113.33B | 109.79B | 96.27B |
| Cash, Cash Equivalents and Short-Term Investments | 11.46B | 5.52B | 2.80B | 15.15B | 7.23B | 7.14B |
| Total Debt | 14.79B | 12.39B | 17.91B | 16.78B | 19.88B | 21.32B |
| Total Liabilities | 29.30B | 24.66B | 27.93B | 26.81B | 31.38B | 30.20B |
| Stockholders Equity | 101.55B | 98.96B | 91.00B | 85.63B | 77.04B | 64.74B |
Cash Flow | ||||||
| Free Cash Flow | -2.10B | 6.11B | -13.39B | 12.31B | 9.26B | -746.40M |
| Operating Cash Flow | 7.16B | 16.44B | -10.55B | 18.53B | 14.45B | 1.68B |
| Investing Cash Flow | -7.75B | -8.92B | 11.04B | -14.45B | -8.99B | -1.16B |
| Financing Cash Flow | 631.90M | -7.33B | -897.10M | -3.99B | -5.71B | -1.75B |
Vardhman Textiles Limited Technical Analysis
Positive
425.60
Price Trends
503.50
Positive
471.00
Positive
454.76
Positive
Market Momentum
5.03
Positive
55.12
Neutral
46.61
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VTL, the sentiment is Positive. The current price of 425.6 is below the 20-day moving average (MA) of 537.01, below the 50-day MA of 503.50, and below the 200-day MA of 454.76, indicating a neutral trend. The MACD of 5.03 indicates Positive momentum. The RSI at 55.12 is Neutral, neither overbought nor oversold. The STOCH value of 46.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:VTL.
Vardhman Textiles Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ₹155.10B | 18.70 | ― | 1.13% | 2.50% | 6.26% | |
66 Neutral | ₹6.10B | 73.65 | ― | ― | 5.54% | ― | |
63 Neutral | ₹6.90B | 19.45 | ― | 0.78% | 31.27% | 38.24% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
53 Neutral | ₹8.14B | -13.61 | ― | 0.51% | 3.67% | ― | |
48 Neutral | ₹5.82B | -241.19 | ― | 6.20% | 86.75% | ― |
* Consumer Cyclical Sector Average
IN:VTL
Vardhman Textiles Limited
536.15
89.30
19.98%
IN:GLOSTERLTD
Gloster Ltd.
531.85
-15.12
-2.76%
IN:NAHARSPING
Nahar Spinning Mills Ltd
225.60
5.15
2.34%
IN:RSWM
RSWM Ltd
129.45
-8.40
-6.09%
IN:RUBYMILLS
Ruby Mills Limited
206.45
25.08
13.83%
IN:SANATHAN
Sanathan Textiles Limited
415.55
32.85
8.58%
Vardhman Textiles Limited Corporate Events
Vardhman Textiles Dematerialises 21,195 Shares in February 2026
Mar 9, 2026
Vardhman Textiles Limited has reported the dematerialisation of 21,195 equity shares for the month of February 2026, in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Following due verification, the...
Vardhman Textiles Allots 44,500 Shares Under ESOP 2024
Mar 5, 2026
Vardhman Textiles Limited has allotted 44,500 equity shares of face value Rs. 2 each to eligible employees who exercised options under the Vardhman Textiles Limited Employee Stock Option Plan, 2024. The new shares, approved by the Committee of Dir...
Vardhman Textiles Starts Commercial Production at New Technical Textiles Plant
Mar 1, 2026
Vardhman Textiles Limited has commenced commercial production at its new Technical Textiles plant in Baddi, Himachal Pradesh, which is designed to produce 1.5 million metres of fabric per month. The launch marks the execution of a previously annou...
Vardhman Textiles Opens One-Year Special Window for Legacy Physical Share Transfers
Feb 20, 2026
Vardhman Textiles Limited has announced, via a newspaper notice, the opening of a one-year special window from February 5, 2026 to February 4, 2027 to facilitate the transfer and dematerialisation of physical shares that were sold or purchased pri...
Vardhman Textiles Publishes Postal Ballot Notice to Shareholders
Feb 10, 2026
Vardhman Textiles Limited has notified the stock exchanges that it has published a postal ballot notice in the newspapers Business Standard and Desh Sewak on February 10, 2026, in line with securities listing and disclosure regulations. The disclo...
Vardhman Textiles Files Q3 FY26 Earnings Call Transcript with Exchanges
Jan 24, 2026
Vardhman Textiles Limited has submitted to the stock exchanges the official transcript of its earnings conference call held on January 21, 2026, covering the company’s financial and operational performance for the third quarter of FY26. The ...
Vardhman Textiles Amends Objects to Enter Power Generation Business
Jan 21, 2026
Vardhman Textiles Limited’s board has approved an amendment to the company’s Memorandum of Association to add a new object clause enabling it to set up, acquire, manage and operate electricity generation plants across a range of conven...
Vardhman Textiles Releases Q3 and 9M FY26 Earnings Presentation
Jan 21, 2026
Vardhman Textiles Limited has notified stock exchanges that it has released an earnings presentation covering its unaudited financial results for the quarter and nine months ended 31 December 2025. The disclosure, made in compliance with Regulatio...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.