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VARDHMAN TEXTILES vs LE MERITE EXPORTS - Comparison Results

Rs 100 invested in...

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Current Valuations

    VARDHMAN TEXTILES LE MERITE EXPORTS VARDHMAN TEXTILES/
LE MERITE EXPORTS
 
P/E (TTM) x 23.4 - - View Chart
P/BV x 1.5 1.9 82.0% View Chart
Dividend Yield % 0.8 0.7 115.0%  

Financials

 VARDHMAN TEXTILES   LE MERITE EXPORTS
EQUITY SHARE DATA
    VARDHMAN TEXTILES
Mar-23
LE MERITE EXPORTS
Mar-23
VARDHMAN TEXTILES/
LE MERITE EXPORTS
5-Yr Chart
Click to enlarge
High Rs47287 542.2%   
Low Rs24638 649.5%   
Sales per share (Unadj.) Rs356.4160.5 222.0%  
Earnings per share (Unadj.) Rs28.31.0 2,888.0%  
Cash flow per share (Unadj.) Rs42.21.2 3,406.0%  
Dividends per share (Unadj.) Rs3.500.50 700.0%  
Avg Dividend yield %1.00.8 121.8%  
Book value per share (Unadj.) Rs301.039.9 754.1%  
Shares outstanding (eoy) m284.4723.48 1,211.5%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x1.00.4 258.8%   
Avg P/E ratio x12.763.7 19.9%  
P/CF ratio (eoy) x8.550.4 16.9%  
Price / Book Value ratio x1.21.6 76.2%  
Dividend payout %12.451.0 24.2%   
Avg Mkt Cap Rs m102,0091,465 6,962.1%   
No. of employees `000NANA-   
Total wages/salary Rs m7,67257 13,474.4%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m101,3753,769 2,689.8%  
Other income Rs m1,92032 5,966.7%   
Total revenues Rs m103,2943,801 2,717.5%   
Gross profit Rs m13,64560 22,883.4%  
Depreciation Rs m3,9446 65,087.5%   
Interest Rs m1,02241 2,474.0%   
Profit before tax Rs m10,59944 23,845.0%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m2,55221 11,895.6%   
Profit after tax Rs m8,04823 34,989.1%  
Gross profit margin %13.51.6 850.7%  
Effective tax rate %24.148.3 49.9%   
Net profit margin %7.90.6 1,300.9%  
BALANCE SHEET DATA
Current assets Rs m57,8441,878 3,079.5%   
Current liabilities Rs m14,4481,052 1,373.7%   
Net working cap to sales %42.821.9 195.2%  
Current ratio x4.01.8 224.2%  
Inventory Days Days975 1,808.8%  
Debtors Days Days4894 0.5%  
Net fixed assets Rs m55,480141 39,280.9%   
Share capital Rs m569235 242.3%   
"Free" reserves Rs m85,059702 12,109.6%   
Net worth Rs m85,628937 9,136.4%   
Long term debt Rs m9,31449 19,046.0%   
Total assets Rs m113,3262,020 5,611.3%  
Interest coverage x11.42.1 547.9%   
Debt to equity ratio x0.10.1 208.5%  
Sales to assets ratio x0.91.9 47.9%   
Return on assets %8.03.2 251.4%  
Return on equity %9.42.5 383.0%  
Return on capital %12.28.7 140.8%  
Exports to sales %42.153.6 78.5%   
Imports to sales %17.50-   
Exports (fob) Rs m42,6492,021 2,110.7%   
Imports (cif) Rs m17,706NA-   
Fx inflow Rs m42,6492,021 2,110.7%   
Fx outflow Rs m17,70626 67,221.7%   
Net fx Rs m24,9431,994 1,250.7%   
CASH FLOW
From Operations Rs m18,528111 16,725.4%  
From Investments Rs m-14,447-73 19,749.8%  
From Financial Activity Rs m-3,992300 -1,331.1%  
Net Cashflow Rs m90338 26.6%  

Share Holding

Indian Promoters % 64.1 73.0 87.9%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 22.8 0.4 5,705.0%  
FIIs % 6.3 0.4 1,572.5%  
ADR/GDR % 0.0 0.0 -  
Free float % 35.9 27.0 132.7%  
Shareholders   68,945 1,484 4,645.9%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare VARDHMAN TEXTILES With:   MONTE CARLO    KPR MILL    PDS MULTI.    S.P. APPARELS    WELSPUN LIVING    


More on Vardhman Textiles vs LE MERITE EXPORTS

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

Vardhman Textiles vs LE MERITE EXPORTS Share Price Performance

Period Vardhman Textiles LE MERITE EXPORTS
1-Day -2.23% 6.23%
1-Month 2.14% 20.77%
1-Year 43.11% 28.96%
3-Year CAGR 23.47% -1.99%
5-Year CAGR 14.73% -1.20%

* Compound Annual Growth Rate

Here are more details on the Vardhman Textiles share price and the LE MERITE EXPORTS share price.

Moving on to shareholding structures...

The promoters of Vardhman Textiles hold a 64.1% stake in the company. In case of LE MERITE EXPORTS the stake stands at 73.0%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of Vardhman Textiles and the shareholding pattern of LE MERITE EXPORTS.

Finally, a word on dividends...

In the most recent financial year, Vardhman Textiles paid a dividend of Rs 3.5 per share. This amounted to a Dividend Payout ratio of 12.4%.

LE MERITE EXPORTS paid Rs 0.5, and its dividend payout ratio stood at 51.0%.

You may visit here to review the dividend history of Vardhman Textiles, and the dividend history of LE MERITE EXPORTS.

For a sector overview, read our textiles sector report.



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