equitymaster.comFalseFalseVARDHMAN TEXTILES |
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Price History |
Price | Rs | 443.6 | | % ch | % | 2.5 |
Mkt Cap | Rs m | 128,278 | | No. of
shares | m | 289.17 |
Vol | '000 | 4.2 | | % ch week | % | 4.2 |
P/E | X | 23.0 | | % ch 1-mth | % | 0.3 |
P/CF | X | 10.7 | | % ch 12-mth | % | 61.9 |
EPS (TTM) | Rs | 19.3 | | 52 week H/L | Rs | 456.0/272.7 |
(As on Mar 28, 2024 (Close)) |
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Financials |
* Results Consolidated | No. of Months
Year Ending | 12
Mar-19* | 12
Mar-20* | 12
Mar-21* | 12
Mar-22* | 12
Mar-23* |
EQUITY SHARE DATA |
High | Rs | 1,425 | 1,154 | 1,325 | 2,880 | 472 |
Low | Rs | 922 | 600 | 593 | 434 | 246 |
Sales per share (Unadj.) | Rs | 1,218.0 | 1,191.6 | 1,085.5 | 338.6 | 356.4 |
Earnings per share (Unadj.) | Rs | 131.1 | 104.6 | 75.5 | 54.6 | 28.3 |
Diluted earnings per share | Rs | 25.6 | 20.4 | 14.8 | 53.6 | 27.8 |
Cash flow per share (Unadj.) | Rs | 176.1 | 163.5 | 139.8 | 67.5 | 42.2 |
Dividends per share (Unadj.) | Rs | 3.50 | 0 | 3.50 | 6.80 | 3.50 |
Adj. dividends per share | Rs | 0.68 | 0.00 | 0.68 | 6.68 | 3.44 |
Avg Dividend yield | % | 0.3 | 0 | 0.4 | 0.4 | 1.0 |
Book value per share (Unadj.) | Rs | 987.3 | 1,067.4 | 1,140.4 | 270.9 | 301.0 |
Adj. book value per share | Rs | 192.8 | 208.6 | 223.1 | 266.2 | 296.1 |
Shares outstanding (eoy) | m | 56.47 | 56.52 | 56.56 | 284.20 | 284.47 |
Bonus / Rights / Conversions | | 0 | 0 | 0 | 0 | 0 |
Price / Sales ratio | x | 1.0 | 0.7 | 0.9 | 4.9 | 1.0 |
Avg P/E ratio | x | 8.9 | 8.4 | 12.7 | 30.4 | 12.7 |
P/CF ratio (eoy) | x | 6.7 | 5.4 | 6.9 | 24.5 | 8.5 |
Price / Book Value ratio | x | 1.2 | 0.8 | 0.8 | 6.1 | 1.2 |
Dividend payout | % | 2.7 | 0 | 4.6 | 12.5 | 12.4 |
Avg Mkt Cap | Rs m | 66,273 | 49,568 | 54,247 | 470,866 | 102,009 |
No. of employees | `000 | NA | NA | NA | NA | NA |
Total wages/salary | Rs m | 5,502 | 5,959 | 5,901 | 7,291 | 7,672 |
Avg. sales/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
Avg. wages/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
Avg. net profit/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
INCOME DATA |
Net Sales | Rs m | 68,779 | 67,350 | 61,399 | 96,223 | 101,375 |
Other income | Rs m | 2,230 | 1,745 | 2,016 | 2,245 | 1,920 |
Total revenues | Rs m | 71,009 | 69,095 | 63,414 | 98,469 | 103,294 |
Gross profit | Rs m | 12,094 | 9,495 | 8,345 | 23,134 | 13,645 |
Depreciation | Rs m | 2,540 | 3,332 | 3,638 | 3,675 | 3,944 |
Interest | Rs m | 1,197 | 1,353 | 1,133 | 997 | 1,022 |
Profit before tax | Rs m | 10,587 | 6,555 | 5,589 | 20,707 | 10,599 |
Minority Interest | Rs m | 0 | 0 | 0 | 0 | 0 |
Prior Period Items | Rs m | 0 | 0 | 0 | 0 | 0 |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | 0 | 0 | 0 |
Tax | Rs m | 3,182 | 645 | 1,320 | 5,197 | 2,552 |
Profit after tax | Rs m | 7,406 | 5,910 | 4,269 | 15,510 | 8,048 |
Gross profit margin | % | 17.6 | 14.1 | 13.6 | 24.0 | 13.5 |
Effective tax rate | % | 30.1 | 9.8 | 23.6 | 25.1 | 24.1 |
Net profit margin | % | 10.8 | 8.8 | 7.0 | 16.1 | 7.9 |
BALANCE SHEET DATA |
Current assets | Rs m | 46,810 | 48,824 | 52,021 | 58,551 | 57,844 |
Current liabilities | Rs m | 18,621 | 16,355 | 14,238 | 19,297 | 14,448 |
Net working cap to sales | % | 41.0 | 48.2 | 61.5 | 40.8 | 42.8 |
Current ratio | x | 2.5 | 3.0 | 3.7 | 3.0 | 4.0 |
Inventory Days | Days | 77 | 69 | 78 | 76 | 97 |
Debtors Days | Days | 4 | 4 | 6 | 5 | 4 |
Net fixed assets | Rs m | 43,352 | 44,710 | 44,147 | 51,238 | 55,480 |
Share capital | Rs m | 565 | 565 | 566 | 568 | 569 |
"Free" reserves | Rs m | 55,186 | 59,766 | 63,937 | 76,416 | 85,059 |
Net worth | Rs m | 55,751 | 60,332 | 64,503 | 76,985 | 85,628 |
Long term debt | Rs m | 10,888 | 12,661 | 12,966 | 9,211 | 9,314 |
Total assets | Rs m | 90,162 | 93,535 | 96,169 | 109,791 | 113,326 |
Interest coverage | x | 9.8 | 5.8 | 5.9 | 21.8 | 11.4 |
Debt to equity ratio | x | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 |
Sales to assets ratio | x | 0.8 | 0.7 | 0.6 | 0.9 | 0.9 |
Return on assets | % | 9.5 | 7.8 | 5.6 | 15.0 | 8.0 |
Return on equity | % | 13.3 | 9.8 | 6.6 | 20.1 | 9.4 |
Return on capital | % | 17.7 | 10.8 | 8.7 | 25.2 | 12.2 |
Exports to sales | % | 36.9 | 37.3 | 45.4 | 47.0 | 42.1 |
Imports to sales | % | 11.6 | 8.5 | 5.8 | 7.3 | 17.5 |
Exports (fob) | Rs m | 25,397 | 25,097 | 27,849 | 45,238 | 42,649 |
Imports (cif) | Rs m | 7,974 | 5,706 | 3,573 | 7,037 | 17,706 |
Fx inflow | Rs m | 25,397 | 25,097 | 27,849 | 45,238 | 42,649 |
Fx outflow | Rs m | 7,974 | 5,706 | 3,573 | 7,037 | 17,706 |
Net fx | Rs m | 17,423 | 19,391 | 24,276 | 38,201 | 24,943 |
CASH FLOW |
From Operations | Rs m | 4,990 | 8,494 | 1,677 | 14,446 | 18,528 |
From Investments | Rs m | -2,775 | -3,790 | -1,159 | -8,992 | -14,447 |
From Financial Activity | Rs m | -2,518 | -2,956 | -1,740 | -5,714 | -3,992 |
Net Cashflow | Rs m | -303 | 1,748 | -1,222 | -260 | 90 |
* Results Consolidated | Source: Company Annual Reports, Regulatory Filings, Equitymaster |
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Share Holding |
Indian Promoters: | 64.1% |
Foreign collaborators: | 0.0% |
Indian inst/Mut Fund: | 23.2% |
FIIs: | 6.4% |
ADR/GDR: | 0.0% |
Free float: | 35.9% |
Shareholders: | 67,848 |
Pledged promoter(s) holding: | 0.0% |
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Company Information |
REGD OFF: | Chandigarh Road, Ludhiana - 141010 |
E-MAIL: | secretarial.lud@vardhman.com |
WEB: | www.vardhman.com |
TELEPHONE: | 0161-2228943-48 |
FAX: | 0161-2601048 / 2602710 |
SECTOR: | TEXTILES |
GROUP: | Vardhman Group |
TR AGENT: | Alankit Assignments Ltd., 205-208 Anarkali Complex, Jhandewala Extension |
AUDITOR: | S. C. Vasudeva & Co. |
CHM: | Shri Paul Oswal |
COMP SEC: | Sanjay Gupta |
YEAR OF INC: | 1973 |
BSE CODE: | 502986 |
FV (Rs): | 2 |
DIV YIELD (%): | 0.8 |