Business description: Vardhman Textiles Limited

Vardhman Textiles Limited is an India-based vertically integrated textile manufacturer. The Company is primarily engaged in the business of manufacturing, purchase, and sale of textiles, such as yarns and fabrics. Its segments include Textiles and Acrylic Fibre. Its businesses include yarns, fabrics, acrylic fiber, garments, collections, and special steel. Its yarn products include specialty yarns, acrylic, fancy and hand-knitted yarns, dyed yarns, and others. Its garment products include 100% cotton, poly cotton, cotton stretch or cotton lycra, linen, cotton Tencel, Cotton viscose, and Melange. The Company produces approximately 2,40,000 metric tons of yarn and 220 million meters of woven fabric. Its woven products include twill dobby-texture, grindle, jacquard crinkle, and seer sucker. Its fiber blend products include 100% cotton, polyester cotton, cotton stretch, and cotton linen. Its subsidiaries include Vardhman Acrylics Limited and VTL Investments Limited.

Number of employees: 23,196

Sales by Activity: Vardhman Textiles Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

Textiles

59.26B 93.86B 98.41B 92.99B 95.87B

Acrylic Fibre

2.8B 3.03B 4.27B 2.97B 2.82B

Inter Segment Revenue

-666M -671M -1.3B -915M -839M

Geographical breakdown of sales: Vardhman Textiles Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

India

32.98B 49.51B 57.81B 55.62B 56.48B

Outside India

28.42B 46.71B 43.56B 39.43B 41.37B

Executive Committee: Vardhman Textiles Limited

Manager TitleAgeSince
Chief Executive Officer 58 30/03/2015
Chief Executive Officer 58 29/03/2005
Chief Executive Officer 84 08/10/1983
Director of Finance/CFO 57 31/05/1990
Compliance Officer - -

Composition of the Board of Directors: Vardhman Textiles Limited

Director TitleAgeSince
Chairman 84 08/10/1983
Director/Board Member 59 12/06/1994
Director/Board Member 58 29/03/2005
Director/Board Member 58 30/03/2010
Director/Board Member 72 29/07/2024
Director/Board Member 61 02/05/2025
Director/Board Member - 05/08/2022
Director/Board Member 32 02/05/2025
Director/Board Member 55 03/08/2023
Director/Board Member 51 05/02/2019

Shareholders: Vardhman Textiles Limited

NameEquities%Valuation
28.99 %
83,850,458 28.99 % 540 M ₹
Adinath Enterprises LLP
17.84 %
51,594,315 17.84 % 332 M ₹
Devakar Investment & Trading Co. Pvt Ltd.
11.05 %
31,953,852 11.05 % 206 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt)
6.156 %
17,807,826 6.156 % 115 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt)
2.985 %
8,634,971 2.985 % 56 M ₹

Holdings: Vardhman Textiles Limited

NameEquities%Valuation
19,416,666 20.08% 57 M $

Company details: Vardhman Textiles Limited

Vardhman Textiles Ltd.

Chandigarh Road

141010, Ludhiana

+91 16 1222 8943

http://www.vardhman.com
address Vardhman Textiles Limited(502986)

Group companies: Vardhman Textiles Limited

NameCategory and Sector
Apparel/Footwear
Apparel/Footwear

Yarn Goods

Change 5d. change 1-year change 3-years change Capi.($)
+0.28%+4.63%+21.46%+84.29% 1.83B
-0.94%-1.63%+68.06%+40.46% 1.87B
-0.34%-4.58%-17.36%-5.40% 1.15B
-3.23%-7.69%-6.98%+51.90% 1.13B
-0.12%-3.18%+34.92%+28.17% 883M
+0.69%+0.41%+109.80%+28.17% 852M
+0.38%+1.56%+23.80%+74.57% 771M
-1.29%-6.12%-21.50%-28.79% 604M
-0.29%-6.18%-1.97%-4.12% 595M
-1.82%-4.22%+2.38%+10.80% 579M
Average -0.67%-2.44%+21.26%+28.00% 1.03B
Weighted average by Cap. -0.64%-1.74%+26.17%+36.58%
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
607.50INR
Average target price
578.67INR
Spread / Average Target
-4.75%

Quarterly revenue - Rate of surprise

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