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Vardhman Textiles Limited
(VTL)
Vardhman Textiles Limited (VTL) vs. iShares MSCI India ETF (INDA)
Vardhman Textiles Limited Business Overview & Revenue Model
Vardhman Textiles Limited Financial Statement Overview
| 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
Vardhman Textiles Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ₹153.55B | 18.70 | ― | 1.13% | 2.50% | 6.26% | |
66 Neutral | ₹6.22B | 73.65 | ― | ― | 5.54% | ― | |
63 Neutral | ₹6.69B | 19.45 | ― | 0.78% | 31.27% | 38.24% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
53 Neutral | ₹7.56B | -13.61 | ― | 0.51% | 3.67% | ― | |
48 Neutral | ₹5.66B | -241.19 | ― | 6.20% | 86.75% | ― |
Vardhman Textiles Limited Corporate Events
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 physical share certificates were cancelled and replaced in the company’s records with the depository as the registered owner, reflecting ongoing progress in shifting its shareholding base from physical to electronic form and reinforcing regulatory transparency for investors.
The move underscores the company’s adherence to securities market norms and supports improved efficiency and safety in share transactions for stakeholders. By expanding the proportion of dematerialised shares, Vardhman Textiles strengthens ease of trading and record-keeping for its equity, which can enhance liquidity and align the firm more closely with modern market infrastructure expectations.
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 Directors at a March 5, 2026 meeting, will rank pari passu with existing equity shares, modestly expanding the company’s equity base and reinforcing its use of stock-based incentives for staff retention and alignment with shareholders.
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 announced capital expenditure plan, expanding the company’s capacity in higher-value technical textiles and potentially strengthening its competitiveness and product mix in the textile industry.
The new facility is expected to enhance operational scale and support Vardhman’s strategic focus on specialized textile segments, which could improve margins and diversify revenue streams over time. For stakeholders, the start of operations signals progression from investment to revenue-generating activity, underscoring the company’s ongoing growth and capacity expansion strategy within India’s textile sector.
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 prior to April 1, 2019. Under this SEBI-driven process, eligible transfer requests with original certificates and complete documentation will be processed only into demat form, with the transferred securities locked in for one year, signalling a further push toward full dematerialisation and improved transparency for shareholders.
The special window will also cover earlier transfer requests that were rejected, returned or not attended due to documentation or process deficiencies, offering shareholders a renewed opportunity to regularise legacy holdings. By coordinating this exercise through its registrar and share transfer agent, the company is helping investors align with updated market regulations, reducing risks associated with physical certificates and supporting broader market efforts to strengthen settlement efficiency and investor protection.
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 disclosure signals that the company is seeking shareholder approval on matters via remote voting, underscoring its compliance with governance norms and keeping investors informed of key corporate actions.
While the contents of the postal ballot are not detailed in the announcement, the move indicates ongoing corporate decision-making that may require broader shareholder consent. For stakeholders, this process offers transparency on upcoming resolutions and reaffirms the company’s adherence to regulatory expectations around communication and shareholder participation.
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 disclosure, made under SEBI’s listing and disclosure norms, formalizes the availability of detailed management commentary from the senior leadership team, including the joint managing director, executive director, CFO and other key functional heads, providing investors and analysts with a structured record of the company’s Q3 FY26 discussion for reference and transparency.
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 conventional and non‑conventional sources, including hydel, thermal, nuclear, gaseous, solar and wind. Subject to shareholder approval via postal ballot, this move positions the textile manufacturer to generate power for captive consumption as well as for sale to external parties, potentially enhancing energy security, cost efficiency and creating a new revenue stream that could support its long‑term operational and competitive strategy.
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 Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, provides investors and other stakeholders with updated financial and operational information for Q3 and 9M FY26, reinforcing the company’s transparency practices and facilitating more informed assessment of its performance.