Vedant Fashions Ltd.

•

₹ 544.15-0.58%

2026-08-21

vedantfashions.comBSE: 543463NSE: MANYAVAR

Market Cap₹ 13,188 Cr.

Current Price₹ 547

High / Low₹ 797 / 329

Stock P/E32.7

Book Value—

Price to Book14.15

Dividend Yield1.43 %

ROCE39.5 %

ROE27.7 %

Face Value₹ 1

Add ratio to table

ABOUT

KEY POINTS

PROS

Company is almost debt free
Company has a healthy return on capital (ROCE) of 43.3%
Company has a good return on equity (ROE) track record: 3 Years ROE 30.5%
Company has consistently been profitable over the last 5 years
Latest quarter profit grew 37.3% YoY, showing strong momentum
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.13x)

CONS

Stock is trading at 14.1x its book value
Operating margins have contracted to 48.1% from 53.7%
Rich enterprise valuation - EV/EBITDA of 31.0x

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Consumer ServicesTextileTextile

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	PAGEIND	35400.00	0.00	39484.71	1.55	192.81	-3.98	1420.45	7.89	73.60	20.35
2.	KPRMILL	1122.45	42.05	38366.91	0.45	258.54	21.55	1935.52	14.77	20.16	19.37
3.	VTL	594.75	20.30	17216.57	0.84	314.56	51.46	2703.08	13.31	11.31	18.11
4.	WELSPUNLIV	181.25	61.68	17123.64	0.06	162.61	82.09	2795.45	23.66	15.04	11.53
5.	ARVIND	518.15	34.04	14095.79	0.87	57.77	5.61	2500.96	24.65	13.98	9.64
6.	MANYAVAR	542.75	32.73	13187.64	1.43	66.90	37.31	267.95	22.74	33.92	45.53
7.	PGIL	2410.95	35.88	11136.31	0.60	99.23	51.37	1528.26	24.46	22.42	10.72
8.	SWANCORP	302.25	42.38	9474.23	0.05	-35.99	-233.33	1013.75	-16.44	4.50	-0.38
9.	ICIL	444.15	58.30	8796.58	0.34	63.22	67.28	1206.96	25.89	8.73	11.88
10.	GARFIBRES	759.85	35.32	7419.81	1.18	64.60	21.56	482.37	31.35	20.98	18.70
11.	KUSUMGAR	565.70	60.48	5939.36	0.00	426.47	—	2472.47	—	26.15	30.50
12.	GOKEX	797.25	56.74	5842.06	0.00	44.30	6.81	1153.51	20.69	12.75	9.75

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
	296	325	247	441	342	312	218	474	363	240	268
	152	162	131	217	174	163	125	232	188	127	146
Operating Profit	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—
Other Income	11	7	10	10	13	15	15	15	24	21	19
Interest	9	8	8	7	8	9	11	11	13	14	14
Depreciation	27	26	25	25	27	30	32	34	38	37	37
	120	136	93	202	145	124	65	212	148	83	90
Tax %	25.83%	25.79%	25.40%	25.55%	25.15%	25.73%	24.78%	25.58%	21.71%	24.77%	25.85%
Net Profit	0	0	0	150	109	92	49	158	116	62	67
	4	4	3	6	4	4	2	6	5	3	3
Equity Capital	24	24	24	24	24	24	24	24	24	24	24
Reserves	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	24	24	24	24	24	24	24	24	24	24	24
Reserves	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Mar 2022

: 296
: 152
Operating Profit: —
OPM %: —
Other Income: 11
Interest: 9
Depreciation: 27
: 120
Tax %: 25.83%
Net Profit: 0
: 4
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2022

: 325
: 162
Operating Profit: —
OPM %: —
Other Income: 7
Interest: 8
Depreciation: 26
: 136
Tax %: 25.79%
Net Profit: 0
: 4
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2022

: 247
: 131
Operating Profit: —
OPM %: —
Other Income: 10
Interest: 8
Depreciation: 25
: 93
Tax %: 25.40%
Net Profit: 0
: 3
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2022

: 441
: 217
Operating Profit: —
OPM %: —
Other Income: 10
Interest: 7
Depreciation: 25
: 202
Tax %: 25.55%
Net Profit: 150
: 6
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2023

: 342
: 174
Operating Profit: —
OPM %: —
Other Income: 13
Interest: 8
Depreciation: 27
: 145
Tax %: 25.15%
Net Profit: 109
: 4
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2023

: 312
: 163
Operating Profit: —
OPM %: —
Other Income: 15
Interest: 9
Depreciation: 30
: 124
Tax %: 25.73%
Net Profit: 92
: 4
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 218
: 125
Operating Profit: —
OPM %: —
Other Income: 15
Interest: 11
Depreciation: 32
: 65
Tax %: 24.78%
Net Profit: 49
: 2
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 474
: 232
Operating Profit: —
OPM %: —
Other Income: 15
Interest: 11
Depreciation: 34
: 212
Tax %: 25.58%
Net Profit: 158
: 6
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 363
: 188
Operating Profit: —
OPM %: —
Other Income: 24
Interest: 13
Depreciation: 38
: 148
Tax %: 21.71%
Net Profit: 116
: 5
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 240
: 127
Operating Profit: —
OPM %: —
Other Income: 21
Interest: 14
Depreciation: 37
: 83
Tax %: 24.77%
Net Profit: 62
: 3
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 268
: 146
Operating Profit: —
OPM %: —
Other Income: 19
Interest: 14
Depreciation: 37
: 90
Tax %: 25.85%
Net Profit: 67
: 3
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 24
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
	504	599	758	801	916	565	1,041	1,355	1,368	1,345
	354	426	526	527	522	322	545	684	709	694
Operating Profit	152	176	242	293	426	303	546	711	728	—
OPM %	30	29	32	37	47	54	52	52	53	—
Other Income	2	3	11	19	32	60	50	40	70	80
Interest	6	5	6	4	26	26	28	31	44	52
Depreciation	7	8	10	9	89	96	94	104	135	147
	139	164	226	280	312	182	423	576	548	533
Tax %	35	35	35	35	24	27	26	25	24	24
Net Profit	90	106	148	182	237	133	315	429	414	403
EPS	94	89	12	15	19	5	13	18	17	—
Dividend Payout %	13	0	0	0	0	0	39	51	50	—
Minority Interest	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	19	22	6	7	9	5	13	18	17	—
Minority Interest	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	19	22	6	7	9	5	13	18	17	—

Mar 2016

: 504
: 354
Operating Profit: 152
OPM %: 30
Other Income: 2
Interest: 6
Depreciation: 7
: 139
Tax %: 35
Net Profit: 90
EPS: 94
Dividend Payout %: 13
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 19
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 19

Mar 2017

: 599
: 426
Operating Profit: 176
OPM %: 29
Other Income: 3
Interest: 5
Depreciation: 8
: 164
Tax %: 35
Net Profit: 106
EPS: 89
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 22
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 22

Mar 2018

: 758
: 526
Operating Profit: 242
OPM %: 32
Other Income: 11
Interest: 6
Depreciation: 10
: 226
Tax %: 35
Net Profit: 148
EPS: 12
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 6
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 6

Mar 2019

: 801
: 527
Operating Profit: 293
OPM %: 37
Other Income: 19
Interest: 4
Depreciation: 9
: 280
Tax %: 35
Net Profit: 182
EPS: 15
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 7
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 7

Mar 2020

: 916
: 522
Operating Profit: 426
OPM %: 47
Other Income: 32
Interest: 26
Depreciation: 89
: 312
Tax %: 24
Net Profit: 237
EPS: 19
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 9
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 9

Mar 2021

: 565
: 322
Operating Profit: 303
OPM %: 54
Other Income: 60
Interest: 26
Depreciation: 96
: 182
Tax %: 27
Net Profit: 133
EPS: 5
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5

Mar 2022

: 1,041
: 545
Operating Profit: 546
OPM %: 52
Other Income: 50
Interest: 28
Depreciation: 94
: 423
Tax %: 26
Net Profit: 315
EPS: 13
Dividend Payout %: 39
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 13
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 13

Mar 2023

: 1,355
: 684
Operating Profit: 711
OPM %: 52
Other Income: 40
Interest: 31
Depreciation: 104
: 576
Tax %: 25
Net Profit: 429
EPS: 18
Dividend Payout %: 51
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 18
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 18

Mar 2024

: 1,368
: 709
Operating Profit: 728
OPM %: 53
Other Income: 70
Interest: 44
Depreciation: 135
: 548
Tax %: 24
Net Profit: 414
EPS: 17
Dividend Payout %: 50
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 17
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 17

TTM

: 1,345
: 694
Operating Profit: —
OPM %: —
Other Income: 80
Interest: 52
Depreciation: 147
: 533
Tax %: 24
Net Profit: 403
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: 11%
3 Years:: 34%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: 18%
3 Years:: 46%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: -24%
1 Year:: -29%

RETURN ON EQUITY

10 Years:: —
5 Years:: 26%
3 Years:: 31%
Last Year:: 28%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
LIABILITIES	-	-	-	-	-	-	-	-	-
Equity Capital	12	12	23	25	25	25	24	24	24
	221	317	682	862	1,038	1,063	1,054	1,368	1,569
	22	9	13	0	0	0	0	0	0
Trade Payables	32	34	43	60	50	50	73	86	89
	76	111	177	198	477	900	1,135	1,351	1,631
Total Liabilities	362	482	939	1,146	1,591	2,038	2,287	2,829	3,313
ASSETS	-	-	-	-	-	-	-	-	-
	104	141	316	253	507	459	515	520	663
Capital Work in Progress	3	4	0	1	0	0	0	2	0
	0	0	138	194	351	536	512	787	959
	86	97	89	91	121	101	143	174	139
	0	0	0	0	0	0	0	0	565
Cash & Bank	2	1	5	119	70	7	4	10	22
	168	238	389	487	543	935	1,113	1,336	966
Total Assets	362	482	939	1,146	1,591	2,038	2,287	2,829	3,313
Total Debt	22	9	13	0	0	0	0	0	0
Net Working Capital	130	211	434	604	700	715	689	941	1,019
Contingent Liabilities	2	1	1	1	1	0	48	48	20
Book Value per Share	196.48	277.68	60.99	70.85	84.92	87.78	44.44	57.34	65.61
Face Value	10.00	10.00	2.00	2.00	2.00	2.00	1.00	1.00	1.00
Total Debt	22	9	13	0	0	0	0	0	0
Net Working Capital	130	211	434	604	700	715	689	941	1,019
Contingent Liabilities	2	1	1	1	1	0	48	48	20
Book Value per Share	196.48	277.68	60.99	70.85	84.92	87.78	44.44	57.34	65.61
Face Value	10.00	10.00	2.00	2.00	2.00	2.00	1.00	1.00	1.00

Mar 2016

Equity Capital: 12
: 221
: 22
Trade Payables: 32
: 76
Total Liabilities: 362
: 104
Capital Work in Progress: 3
: 0
: 86
: 0
Cash & Bank: 2
: 168
Total Assets: 362
Total Debt: 22
Net Working Capital: 130
Contingent Liabilities: 2
Book Value per Share: 196.48
Face Value: 10.00
Total Debt: 22
Net Working Capital: 130
Contingent Liabilities: 2
Book Value per Share: 196.48
Face Value: 10.00

Mar 2017

Equity Capital: 12
: 317
: 9
Trade Payables: 34
: 111
Total Liabilities: 482
: 141
Capital Work in Progress: 4
: 0
: 97
: 0
Cash & Bank: 1
: 238
Total Assets: 482
Total Debt: 9
Net Working Capital: 211
Contingent Liabilities: 1
Book Value per Share: 277.68
Face Value: 10.00
Total Debt: 9
Net Working Capital: 211
Contingent Liabilities: 1
Book Value per Share: 277.68
Face Value: 10.00

Mar 2018

Equity Capital: 23
: 682
: 13
Trade Payables: 43
: 177
Total Liabilities: 939
: 316
Capital Work in Progress: 0
: 138
: 89
: 0
Cash & Bank: 5
: 389
Total Assets: 939
Total Debt: 13
Net Working Capital: 434
Contingent Liabilities: 1
Book Value per Share: 60.99
Face Value: 2.00
Total Debt: 13
Net Working Capital: 434
Contingent Liabilities: 1
Book Value per Share: 60.99
Face Value: 2.00

Mar 2019

Equity Capital: 25
: 862
: 0
Trade Payables: 60
: 198
Total Liabilities: 1,146
: 253
Capital Work in Progress: 1
: 194
: 91
: 0
Cash & Bank: 119
: 487
Total Assets: 1,146
Total Debt: 0
Net Working Capital: 604
Contingent Liabilities: 1
Book Value per Share: 70.85
Face Value: 2.00
Total Debt: 0
Net Working Capital: 604
Contingent Liabilities: 1
Book Value per Share: 70.85
Face Value: 2.00

Mar 2020

Equity Capital: 25
: 1,038
: 0
Trade Payables: 50
: 477
Total Liabilities: 1,591
: 507
Capital Work in Progress: 0
: 351
: 121
: 0
Cash & Bank: 70
: 543
Total Assets: 1,591
Total Debt: 0
Net Working Capital: 700
Contingent Liabilities: 1
Book Value per Share: 84.92
Face Value: 2.00
Total Debt: 0
Net Working Capital: 700
Contingent Liabilities: 1
Book Value per Share: 84.92
Face Value: 2.00

Mar 2021

Equity Capital: 25
: 1,063
: 0
Trade Payables: 50
: 900
Total Liabilities: 2,038
: 459
Capital Work in Progress: 0
: 536
: 101
: 0
Cash & Bank: 7
: 935
Total Assets: 2,038
Total Debt: 0
Net Working Capital: 715
Contingent Liabilities: 0
Book Value per Share: 87.78
Face Value: 2.00
Total Debt: 0
Net Working Capital: 715
Contingent Liabilities: 0
Book Value per Share: 87.78
Face Value: 2.00

Mar 2022

Equity Capital: 24
: 1,054
: 0
Trade Payables: 73
: 1,135
Total Liabilities: 2,287
: 515
Capital Work in Progress: 0
: 512
: 143
: 0
Cash & Bank: 4
: 1,113
Total Assets: 2,287
Total Debt: 0
Net Working Capital: 689
Contingent Liabilities: 48
Book Value per Share: 44.44
Face Value: 1.00
Total Debt: 0
Net Working Capital: 689
Contingent Liabilities: 48
Book Value per Share: 44.44
Face Value: 1.00

Mar 2023

Equity Capital: 24
: 1,368
: 0
Trade Payables: 86
: 1,351
Total Liabilities: 2,829
: 520
Capital Work in Progress: 2
: 787
: 174
: 0
Cash & Bank: 10
: 1,336
Total Assets: 2,829
Total Debt: 0
Net Working Capital: 941
Contingent Liabilities: 48
Book Value per Share: 57.34
Face Value: 1.00
Total Debt: 0
Net Working Capital: 941
Contingent Liabilities: 48
Book Value per Share: 57.34
Face Value: 1.00

Mar 2024

Equity Capital: 24
: 1,569
: 0
Trade Payables: 89
: 1,631
Total Liabilities: 3,313
: 663
Capital Work in Progress: 0
: 959
: 139
: 565
Cash & Bank: 22
: 966
Total Assets: 3,313
Total Debt: 0
Net Working Capital: 1,019
Contingent Liabilities: 20
Book Value per Share: 65.61
Face Value: 1.00
Total Debt: 0
Net Working Capital: 1,019
Contingent Liabilities: 20
Book Value per Share: 65.61
Face Value: 1.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	86	37	52	177	243	253	351	470	483
Cash from Investing	-24	-22	-279	-163	-96	-88	56	-232	-110
Cash from Financing	-62	-16	224	-13	-141	-166	-410	-232	-362
	-0	-0	-3	1	7	-2	-3	6	12
Free Cash Flow	86	19	-126	177	-94	215	214	378	238
OCF / Net Profit	0.95	0.35	0.35	0.97	1.03	1.90	1.11	1.09	1.17
Cumulative 5-Year FCF	0	0	0	0	0	190	386	889	950
OCF / Net Profit	0.95	0.35	0.35	0.97	1.03	1.90	1.11	1.09	1.17
Cumulative 5-Year FCF	0	0	0	0	0	190	386	889	950

Mar 2016

: 86
Cash from Investing: -24
Cash from Financing: -62
: -0
Free Cash Flow: 86
OCF / Net Profit: 0.95
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.95
Cumulative 5-Year FCF: 0

Mar 2017

: 37
Cash from Investing: -22
Cash from Financing: -16
: -0
Free Cash Flow: 19
OCF / Net Profit: 0.35
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.35
Cumulative 5-Year FCF: 0

Mar 2018

: 52
Cash from Investing: -279
Cash from Financing: 224
: -3
Free Cash Flow: -126
OCF / Net Profit: 0.35
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.35
Cumulative 5-Year FCF: 0

Mar 2019

: 177
Cash from Investing: -163
Cash from Financing: -13
: 1
Free Cash Flow: 177
OCF / Net Profit: 0.97
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.97
Cumulative 5-Year FCF: 0

Mar 2020

: 243
Cash from Investing: -96
Cash from Financing: -141
: 7
Free Cash Flow: -94
OCF / Net Profit: 1.03
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.03
Cumulative 5-Year FCF: 0

Mar 2021

: 253
Cash from Investing: -88
Cash from Financing: -166
: -2
Free Cash Flow: 215
OCF / Net Profit: 1.90
Cumulative 5-Year FCF: 190
OCF / Net Profit: 1.90
Cumulative 5-Year FCF: 190

Mar 2022

: 351
Cash from Investing: 56
Cash from Financing: -410
: -3
Free Cash Flow: 214
OCF / Net Profit: 1.11
Cumulative 5-Year FCF: 386
OCF / Net Profit: 1.11
Cumulative 5-Year FCF: 386

Mar 2023

: 470
Cash from Investing: -232
Cash from Financing: -232
: 6
Free Cash Flow: 378
OCF / Net Profit: 1.09
Cumulative 5-Year FCF: 889
OCF / Net Profit: 1.09
Cumulative 5-Year FCF: 889

Mar 2024

: 483
Cash from Investing: -110
Cash from Financing: -362
: 12
Free Cash Flow: 238
OCF / Net Profit: 1.17
Cumulative 5-Year FCF: 950
OCF / Net Profit: 1.17
Cumulative 5-Year FCF: 950

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
PER SHARE	-	-	-	-	-	-	-	-	-
EPS (₹)	76.04	89.42	12.79	14.55	18.90	10.72	12.98	17.67	17.05
Book Value (₹)	196.48	277.68	60.99	70.85	84.92	87.78	44.44	57.34	65.61
Dividend per Share (₹)	10.00	0.00	0.00	0.00	0.00	0.00	5.00	9.00	8.50
Cash EPS (₹)	20.56	23.95	6.82	7.62	12.99	9.22	16.86	21.95	22.61
PROFITABILITY	-	-	-	-	-	-	-	-	-
Operating Margin %	30.20%	29.37%	31.89%	36.55%	46.55%	53.69%	52.44%	52.48%	48.12%
Net Margin %	17.87%	17.65%	19.48%	22.75%	25.85%	23.53%	30.26%	31.67%	30.29%
ROE %	38.70%	37.72%	28.60%	22.88%	24.26%	12.36%	29.07%	34.74%	27.74%
ROCE %	56.92%	56.99%	44.05%	35.37%	34.53%	19.26%	41.53%	48.92%	39.50%
	24.90%	25.11%	20.82%	17.48%	17.29%	7.32%	14.56%	16.78%	13.49%
EFFICIENCY	-	-	-	-	-	-	-	-	-
Debtor Days	78	90	121	148	140	237	133	117	139
Inventory Days	62	56	45	41	42	72	43	43	42
Payable Days	126	90	61	90	80	134	90	87	88
	14	56	105	99	102	174	86	73	92
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	0.09x	0.03x	0.02x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Interest Coverage (x)	24.30x	33.35x	38.49x	65.31x	13.18x	8.05x	15.88x	19.30x	13.32x
	2.96x	3.35x	3.94x	5.30x	4.02x	2.89x	2.22x	2.24x	2.40x
GROWTH	-	-	-	-	-	-	-	-	-
Revenue Growth %	0.00%	18.86%	26.48%	5.63%	14.34%	-38.31%	84.28%	30.18%	0.93%
Operating Profit Growth %	0.00%	15.81%	37.28%	20.86%	45.62%	-28.84%	79.97%	30.29%	2.34%
Net Profit Growth %	0.00%	17.60%	39.48%	23.18%	29.90%	-43.84%	136.95%	36.26%	-3.48%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-3.52%
VALUATION	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	54.44x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	14.15x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.92%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	30.95x

Mar 2016

EPS (₹): 76.04
Book Value (₹): 196.48
Dividend per Share (₹): 10.00
Cash EPS (₹): 20.56
Operating Margin %: 30.20%
Net Margin %: 17.87%
ROE %: 38.70%
ROCE %: 56.92%
: 24.90%
Debtor Days: 78
Inventory Days: 62
Payable Days: 126
: 14
Debt to Equity (x): 0.09x
Interest Coverage (x): 24.30x
: 2.96x
Revenue Growth %: 0.00%
Operating Profit Growth %: 0.00%
Net Profit Growth %: 0.00%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2017

EPS (₹): 89.42
Book Value (₹): 277.68
Dividend per Share (₹): 0.00
Cash EPS (₹): 23.95
Operating Margin %: 29.37%
Net Margin %: 17.65%
ROE %: 37.72%
ROCE %: 56.99%
: 25.11%
Debtor Days: 90
Inventory Days: 56
Payable Days: 90
: 56
Debt to Equity (x): 0.03x
Interest Coverage (x): 33.35x
: 3.35x
Revenue Growth %: 18.86%
Operating Profit Growth %: 15.81%
Net Profit Growth %: 17.60%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 12.79
Book Value (₹): 60.99
Dividend per Share (₹): 0.00
Cash EPS (₹): 6.82
Operating Margin %: 31.89%
Net Margin %: 19.48%
ROE %: 28.60%
ROCE %: 44.05%
: 20.82%
Debtor Days: 121
Inventory Days: 45
Payable Days: 61
: 105
Debt to Equity (x): 0.02x
Interest Coverage (x): 38.49x
: 3.94x
Revenue Growth %: 26.48%
Operating Profit Growth %: 37.28%
Net Profit Growth %: 39.48%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 14.55
Book Value (₹): 70.85
Dividend per Share (₹): 0.00
Cash EPS (₹): 7.62
Operating Margin %: 36.55%
Net Margin %: 22.75%
ROE %: 22.88%
ROCE %: 35.37%
: 17.48%
Debtor Days: 148
Inventory Days: 41
Payable Days: 90
: 99
Debt to Equity (x): 0.00x
Interest Coverage (x): 65.31x
: 5.30x
Revenue Growth %: 5.63%
Operating Profit Growth %: 20.86%
Net Profit Growth %: 23.18%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 18.90
Book Value (₹): 84.92
Dividend per Share (₹): 0.00
Cash EPS (₹): 12.99
Operating Margin %: 46.55%
Net Margin %: 25.85%
ROE %: 24.26%
ROCE %: 34.53%
: 17.29%
Debtor Days: 140
Inventory Days: 42
Payable Days: 80
: 102
Debt to Equity (x): 0.00x
Interest Coverage (x): 13.18x
: 4.02x
Revenue Growth %: 14.34%
Operating Profit Growth %: 45.62%
Net Profit Growth %: 29.90%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 10.72
Book Value (₹): 87.78
Dividend per Share (₹): 0.00
Cash EPS (₹): 9.22
Operating Margin %: 53.69%
Net Margin %: 23.53%
ROE %: 12.36%
ROCE %: 19.26%
: 7.32%
Debtor Days: 237
Inventory Days: 72
Payable Days: 134
: 174
Debt to Equity (x): 0.00x
Interest Coverage (x): 8.05x
: 2.89x
Revenue Growth %: -38.31%
Operating Profit Growth %: -28.84%
Net Profit Growth %: -43.84%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 12.98
Book Value (₹): 44.44
Dividend per Share (₹): 5.00
Cash EPS (₹): 16.86
Operating Margin %: 52.44%
Net Margin %: 30.26%
ROE %: 29.07%
ROCE %: 41.53%
: 14.56%
Debtor Days: 133
Inventory Days: 43
Payable Days: 90
: 86
Debt to Equity (x): 0.00x
Interest Coverage (x): 15.88x
: 2.22x
Revenue Growth %: 84.28%
Operating Profit Growth %: 79.97%
Net Profit Growth %: 136.95%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 17.67
Book Value (₹): 57.34
Dividend per Share (₹): 9.00
Cash EPS (₹): 21.95
Operating Margin %: 52.48%
Net Margin %: 31.67%
ROE %: 34.74%
ROCE %: 48.92%
: 16.78%
Debtor Days: 117
Inventory Days: 43
Payable Days: 87
: 73
Debt to Equity (x): 0.00x
Interest Coverage (x): 19.30x
: 2.24x
Revenue Growth %: 30.18%
Operating Profit Growth %: 30.29%
Net Profit Growth %: 36.26%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 17.05
Book Value (₹): 65.61
Dividend per Share (₹): 8.50
Cash EPS (₹): 22.61
Operating Margin %: 48.12%
Net Margin %: 30.29%
ROE %: 27.74%
ROCE %: 39.50%
: 13.49%
Debtor Days: 139
Inventory Days: 42
Payable Days: 88
: 92
Debt to Equity (x): 0.00x
Interest Coverage (x): 13.32x
: 2.40x
Revenue Growth %: 0.93%
Operating Profit Growth %: 2.34%
Net Profit Growth %: -3.48%
: -3.52%
P/E (x): 54.44x
P/B (x): 14.15x
Dividend Yield %: 0.92%
: 30.95x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	74.97	74.96	74.96	74.95	74.95	74.95	74.94	74.94	74.94
	9.04	9.53	10.54	10.14	9.88	9.76	9.29	8.28	7.95
	11.89	11.57	10.38	10.59	11.10	10.95	12.00	12.62	13.19
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Public	4.10	3.94	4.13	4.32	4.06	4.35	3.76	4.15	3.91

Jun 2024

: 74.97
: 9.04
: 11.89
Government: 0.00
Public: 4.10

Sep 2024

: 74.96
: 9.53
: 11.57
Government: 0.00
Public: 3.94

Dec 2024

: 74.96
: 10.54
: 10.38
Government: 0.00
Public: 4.13

Mar 2025

: 74.95
: 10.14
: 10.59
Government: 0.00
Public: 4.32

Jun 2025

: 74.95
: 9.88
: 11.10
Government: 0.00
Public: 4.06

Sep 2025

: 74.95
: 9.76
: 10.95
Government: 0.00
Public: 4.35

Dec 2025

: 74.94
: 9.29
: 12.00
Government: 0.00
Public: 3.76

Mar 2026

: 74.94
: 8.28
: 12.62
Government: 0.00
Public: 4.15

Jun 2026

: 74.94
: 7.95
: 13.19
Government: 0.00
Public: 3.91

Documents

Announcements

Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-18 - Vedant Fashions Limited has informed the Exchange about a schedule of meetings with the Institutional Investor(s)/Analyst(s) vide the enclosed Letter.
Price movement
2026-08-11 - Significant movement in price has been observed in Vedant Fashions Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Vedant Fashions Limited has submitted their response.

Annual Reports

Credit Ratings

Credit Rating
2026-07-02 - Vedant Fashions Limited has informed the Exchange about Credit Rating

Concalls

Aug 2026
TranscriptPPTREC
Jul 2026
TranscriptPPTREC
May 2026
Transcript PPTREC