Vardhman Textiles Limited Logo

Vardhman Textiles Limited

VTL.NS

(2.0)
Stock Price

490,80 INR

4.64% ROA

9.06% ROE

21.62x PER

Market Cap.

112.017.260.079,00 INR

17.15% DER

0.87% Yield

6.19% NPM

Vardhman Textiles Limited Stock Analysis

Vardhman Textiles Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Vardhman Textiles Limited Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (26%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

3 ROE

ROE in an average range (10.69%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (7.25%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (1.4x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (7.991) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

9 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

Vardhman Textiles Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Vardhman Textiles Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Vardhman Textiles Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Vardhman Textiles Limited Revenue
Year Revenue Growth
2004 19.021.162.000
2005 19.481.075.000 2.36%
2006 21.522.883.000 9.49%
2007 23.877.364.000 9.86%
2008 29.654.210.000 19.48%
2009 33.506.724.000 11.5%
2010 44.184.583.000 24.17%
2011 46.407.102.000 4.79%
2012 48.896.166.000 5.09%
2013 60.508.049.000 19.19%
2014 66.431.218.000 8.92%
2015 65.108.934.000 -2.03%
2016 59.335.140.000 -9.73%
2017 61.584.200.000 3.65%
2018 68.050.900.000 9.5%
2019 66.574.300.000 -2.22%
2020 60.632.800.000 -9.8%
2021 94.015.800.000 35.51%
2022 101.374.900.000 7.26%
2023 95.898.400.000 -5.71%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Vardhman Textiles Limited Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 12.700.000 100%
2020 15.400.000 17.53%
2021 15.400.000 0%
2022 18.200.000 15.38%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Vardhman Textiles Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 452.914.000
2005 503.983.000 10.13%
2006 596.958.000 15.57%
2007 569.375.000 -4.84%
2008 1.157.247.000 50.8%
2009 698.639.000 -65.64%
2010 947.675.000 26.28%
2011 2.191.448.000 56.76%
2012 76.209.000 -2775.58%
2013 88.150.000 13.55%
2014 85.472.000 -3.13%
2015 94.028.000 9.1%
2016 76.159.000 -23.46%
2017 64.600.000 -17.89%
2018 67.400.000 4.15%
2019 179.200.000 62.39%
2020 153.000.000 -17.12%
2021 163.600.000 6.48%
2022 168.100.000 2.68%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Vardhman Textiles Limited EBITDA
Year EBITDA Growth
2004 3.251.163.000
2005 3.724.978.000 12.72%
2006 4.067.368.000 8.42%
2007 4.150.436.000 2%
2008 4.798.282.000 13.5%
2009 7.531.304.000 36.29%
2010 11.277.680.000 33.22%
2011 6.612.783.000 -70.54%
2012 10.019.047.000 34%
2013 14.843.017.000 32.5%
2014 12.282.344.000 -20.85%
2015 13.711.236.000 10.42%
2016 15.545.237.000 11.8%
2017 9.822.100.000 -58.27%
2018 13.113.000.000 25.1%
2019 10.368.100.000 -26.47%
2020 10.464.400.000 0.92%
2021 25.082.600.000 58.28%
2022 15.564.900.000 -61.15%
2023 12.142.400.000 -28.19%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Vardhman Textiles Limited Gross Profit
Year Gross Profit Growth
2004 5.933.994.000
2005 6.777.501.000 12.45%
2006 11.981.592.000 43.43%
2007 12.923.319.000 7.29%
2008 15.602.643.000 17.17%
2009 18.451.511.000 15.44%
2010 24.565.252.000 24.89%
2011 12.863.375.000 -90.97%
2012 23.742.405.000 45.82%
2013 31.029.059.000 23.48%
2014 28.753.566.000 -7.91%
2015 31.603.882.000 9.02%
2016 27.760.530.000 -13.84%
2017 25.283.900.000 -9.8%
2018 29.820.600.000 15.21%
2019 28.459.900.000 -4.78%
2020 26.147.600.000 -8.84%
2021 45.385.700.000 42.39%
2022 42.076.200.000 -7.87%
2023 38.050.000.000 -10.58%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Vardhman Textiles Limited Net Profit
Year Net Profit Growth
2004 1.340.629.000
2005 2.029.573.000 33.95%
2006 1.899.730.000 -6.83%
2007 1.380.566.000 -37.61%
2008 1.917.046.000 27.98%
2009 3.023.787.000 36.6%
2010 5.675.199.000 46.72%
2011 1.683.492.000 -237.11%
2012 3.563.830.000 52.76%
2013 7.183.456.000 50.39%
2014 4.002.090.000 -79.49%
2015 5.786.223.000 30.83%
2016 9.814.144.000 41.04%
2017 5.811.900.000 -68.86%
2018 7.307.200.000 20.46%
2019 5.775.200.000 -26.53%
2020 4.099.100.000 -40.89%
2021 15.468.900.000 73.5%
2022 7.951.600.000 -94.54%
2023 5.372.000.000 -48.02%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Vardhman Textiles Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 5
2005 7 42.86%
2006 7 -16.67%
2007 5 -50%
2008 7 33.33%
2009 9 33.33%
2010 18 47.06%
2011 5 -325%
2012 11 63.64%
2013 23 50%
2014 13 -83.33%
2015 20 40%
2016 33 37.5%
2017 21 -60%
2018 26 20%
2019 20 -25%
2020 15 -42.86%
2021 55 74.07%
2022 28 -100%
2023 19 -50%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Vardhman Textiles Limited Free Cashflow
Year Free Cashflow Growth
2004 2.264.481.000
2005 -969.555.000 333.56%
2006 -6.413.623.000 84.88%
2007 -7.633.207.000 15.98%
2008 1.850.220.000 512.56%
2009 -2.193.456.000 184.35%
2010 -3.287.402.000 33.28%
2011 5.961.699.000 155.14%
2012 -1.696.472.000 451.42%
2013 1.757.201.000 196.54%
2014 10.995.421.000 84.02%
2015 6.108.903.000 -79.99%
2016 9.825.548.000 37.83%
2017 -2.644.300.000 471.57%
2018 -4.092.000.000 35.38%
2019 1.924.000.000 312.68%
2020 -746.400.000 357.77%
2021 9.255.100.000 108.06%
2022 12.311.000.000 24.82%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Vardhman Textiles Limited Operating Cashflow
Year Operating Cashflow Growth
2004 3.303.458.000
2005 2.253.784.000 -46.57%
2006 2.042.077.000 -10.37%
2007 439.850.000 -364.27%
2008 5.647.760.000 92.21%
2009 112.966.000 -4899.52%
2010 307.942.000 63.32%
2011 10.195.251.000 96.98%
2012 3.328.383.000 -206.31%
2013 8.338.767.000 60.09%
2014 14.122.975.000 40.96%
2015 10.280.496.000 -37.38%
2016 12.924.952.000 20.46%
2017 1.023.000.000 -1163.44%
2018 4.989.800.000 79.5%
2019 8.494.100.000 41.26%
2020 1.683.800.000 -404.46%
2021 14.445.800.000 88.34%
2022 18.528.400.000 22.03%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Vardhman Textiles Limited Capital Expenditure
Year Capital Expenditure Growth
2004 1.038.977.000
2005 3.223.339.000 67.77%
2006 8.455.700.000 61.88%
2007 8.073.057.000 -4.74%
2008 3.797.540.000 -112.59%
2009 2.306.422.000 -64.65%
2010 3.595.344.000 35.85%
2011 4.233.552.000 15.08%
2012 5.024.855.000 15.75%
2013 6.581.566.000 23.65%
2014 3.127.554.000 -110.44%
2015 4.171.593.000 25.03%
2016 3.099.404.000 -34.59%
2017 3.667.300.000 15.49%
2018 9.081.800.000 59.62%
2019 6.570.100.000 -38.23%
2020 2.430.200.000 -170.35%
2021 5.190.700.000 53.18%
2022 6.217.400.000 16.51%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Vardhman Textiles Limited Equity
Year Equity Growth
2004 8.426.729.000
2005 10.064.759.000 16.27%
2006 11.504.433.000 12.51%
2007 12.630.115.000 8.91%
2008 13.832.280.000 8.69%
2009 16.041.839.000 13.77%
2010 22.641.701.000 29.15%
2011 22.066.530.000 -2.61%
2012 25.064.812.000 11.96%
2013 31.320.208.000 19.97%
2014 33.752.841.000 7.21%
2015 38.464.686.000 12.25%
2016 42.732.243.000 9.99%
2017 49.537.000.000 13.74%
2018 57.045.600.000 13.16%
2019 61.685.200.000 7.52%
2020 66.070.700.000 6.64%
2021 78.413.000.000 15.74%
2022 86.519.600.000 9.37%
2023 89.254.200.000 3.06%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Vardhman Textiles Limited Assets
Year Assets Growth
2004 18.599.754.000
2005 24.340.918.000 23.59%
2006 33.149.074.000 26.57%
2007 42.094.567.000 21.25%
2008 46.435.291.000 9.35%
2009 50.772.623.000 8.54%
2010 61.033.206.000 16.81%
2011 59.665.019.000 -2.29%
2012 67.887.168.000 12.11%
2013 78.647.622.000 13.68%
2014 73.784.332.000 -6.59%
2015 78.089.063.000 5.51%
2016 75.165.437.000 -3.89%
2017 82.440.900.000 8.83%
2018 90.162.200.000 8.56%
2019 93.535.200.000 3.61%
2020 96.269.800.000 2.84%
2021 109.791.000.000 12.32%
2022 113.325.600.000 3.12%
2023 114.629.100.000 1.14%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Vardhman Textiles Limited Liabilities
Year Liabilities Growth
2004 10.080.869.000
2005 14.161.896.000 28.82%
2006 21.487.071.000 34.09%
2007 28.688.825.000 25.1%
2008 30.316.010.000 5.37%
2009 32.011.128.000 5.3%
2010 35.249.248.000 9.19%
2011 34.186.369.000 -3.11%
2012 39.267.515.000 12.94%
2013 43.363.982.000 9.45%
2014 35.621.296.000 -21.74%
2015 35.908.443.000 0.8%
2016 31.311.330.000 -14.68%
2017 31.816.100.000 1.59%
2018 33.116.600.000 3.93%
2019 31.850.000.000 -3.98%
2020 30.199.100.000 -5.47%
2021 31.378.000.000 3.76%
2022 26.806.000.000 -17.06%
2023 25.374.900.000 -5.64%

Vardhman Textiles Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
336.4
Net Income per Share
18.69
Price to Earning Ratio
21.62x
Price To Sales Ratio
1.17x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
1.3
EV to Sales
1.33
EV Over EBITDA
10.37
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.05
FreeCashFlow Yield
0
Market Cap
112,02 Bil.
Enterprise Value
126,97 Bil.
Graham Number
361.39
Graham NetNet
51.44

Income Statement Metrics

Net Income per Share
18.69
Income Quality
0
ROE
0.12
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.75
EBT Per Ebit
1.16
Ebit per Revenue
0.07
Effective Tax Rate
0.24

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.4
Operating Profit Margin
0.07
Pretax Profit Margin
0.08
Net Profit Margin
0.06

Dividends

Dividend Yield
0.01
Dividend Yield %
0.87
Payout Ratio
0
Dividend Per Share
3.5

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.05
Return on Tangible Assets
0.05
Days Sales Outstanding
44.49
Days Payables Outstanding
22.61
Days of Inventory on Hand
138.73
Receivables Turnover
8.2
Payables Turnover
16.14
Inventory Turnover
2.63
Capex per Share
0

Balance Sheet

Cash per Share
70,55
Book Value per Share
310,51
Tangible Book Value per Share
313.55
Shareholders Equity per Share
310.51
Interest Debt per Share
56.95
Debt to Equity
0.17
Debt to Assets
0.13
Net Debt to EBITDA
1.22
Current Ratio
4.59
Tangible Asset Value
89,22 Bil.
Net Current Asset Value
35,19 Bil.
Invested Capital
0.17
Working Capital
47,37 Bil.
Intangibles to Total Assets
0
Average Receivables
5,83 Bil.
Average Payables
1,82 Bil.
Average Inventory
11187500000
Debt to Market Cap
0.14

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Vardhman Textiles Limited Dividends
Year Dividends Growth
2003 4
2004 5 0%
2005 5 0%
2006 4 0%
2007 4 0%
2008 4 0%
2009 2 -100%
2010 3 33.33%
2011 5 25%
2012 5 0%
2013 6 33.33%
2014 6 0%
2015 10 40%
2016 15 33.33%
2017 15 0%
2018 15 0%
2019 18 11.76%
2021 52 66.67%
2023 4 -1600%

Vardhman Textiles Limited Profile

About Vardhman Textiles Limited

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 provides specialized greige and dyed yarns in cotton, polyester, acrylic, and various blends; and value added products, such as organic cotton, melange, core spun yarns, ultra yarns, gassed mercerized, super fine yarns, slub and cellulose yarns, and fancy yarns for hand knitting. In addition, it is involved in lending and investing activities; and the manufacture and sale of steel products, including hot rolled bars, and special and alloy steel for automotive, engineering, bearing, and allied industries. The company was formerly known as Mahavir Spinning Mills Limited and changed its name to Vardhman Textiles Limited in September 2006. Vardhman Textiles Limited was founded in 1965 and is based in Ludhiana, India.

CEO
Mr. Neeraj Jain
Employee
25.194
Address
Vardhman Premises
Ludhiana, 141010

Vardhman Textiles Limited Executives & BODs

Vardhman Textiles Limited Executives & BODs
# Name Age
1 Mr. Dinesh Kumar Sindwani
Director of Corporate Services
70
2 Mr. Neeraj Jain
Joint MD, Chief Executive Officer of Yarn Business Operations & Executive Non-Independent Director
70
3 Mr. Tara Chand Gupta
Chief General Manager of Operations
70
4 Mr. Mukesh Saxena
Chief General Manager
70
5 Mr. Praveen Dhingra
Chief General Manager
70
6 Ms. Sagrika Jain
Executive Director
70
7 Mr. I. M. J. S. Sidhu
President & Director In-charge
70
8 Mr. Shri Paul Oswal
Executive Chairman & MD
70
9 Ms. Suchita Jain M.Com
Vice Chairperson & Joint MD
70
10 Mr. Rajeev Thapar
Chief Financial Officer
70

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