Vardhman Textiles Ltd. News and Updates

Name: Latest research reports of Vardhman Textiles Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Vardhman Textiles Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news on Vardhman Textiles Ltd. from all sources in a single place.

Load latest

Vardhman Textiles Ltd.

08 Feb 2019

460.00

0.10%

Vardhman Textiles Ltd

Buy: Vardhman Textiles Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Revenues for the quarter grew 5% YoY to | 1729 crore (I-direct estimate: | 1699 crore). Revenues from the textile segment grew 5%...

Number of FII/FPI investors increased from 172 to 182 in Jun 2025 qtr.

Vardhman Textiles Ltd.

29 Jan 2019, 10:37PM

460.00

0.10%

JSW-Vardhman bid: Insolvency plans in limbo even after NCLT approval

Business Line

Lenders insert a clause claiming rights on 50 crore receivable; process delayed

Vardhman Textiles Ltd. is trading below all available SMAs

Vardhman Textiles Ltd.

15 Nov 2018

460.00

0.10%

Vardhman Textiles Ltd

Buy: Vardhman Textiles Ltd.

Recommendation Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Revenues for the quarter grew 10.6% YoY to | 1685 crore (I-direct estimate: | 1618 crore). Revenues from the textile segment grew 10% YoY to | 1591.8 crore while acrylic fibre reported healthy revenue growth of 28% YoY to | 117.5 crore Gross margins for the quarter improved 659 bps YoY to 50.8% (Idirect estimate: 48.9%) mainly on account of low cost cotton inventory. Subsequently, EBITDA margins improved 667 bps YoY to 19.6% (I-direct estimate: 17.0%, Q1FY19: 17.2%). Absolute EBITDA...

Number of FII/FPI investors increased from 172 to 182 in Jun 2025 qtr.

Vardhman Textiles Ltd.

11 Oct 2018

460.00

0.10%

Future Group partners with Vardhman for apparel business

Business Line

Future Group has partnered with fabric brand Vardhman to co-develop products for its apparel business and plans to launch 6-7 products every year. Fu

Vardhman Textiles Ltd. is trading below all available SMAs

Vardhman Textiles Ltd.

23 Aug 2018

460.00

0.10%

Vardhman Text

Buy: Vardhman Textiles Ltd.

Target

Centrum Broking

Vardhman Textiles Ltd (VTL), for Q1FY19 on a consolidated basis, reported decent numbers. Revenue grew ~8% YoY to 1,700 crore, aided by 7% growth in textile segment to 1,625 crore and 47% growth in acrylic fibre segment to 99 crore. EBITDA grew 32% to 292 crore. Lower raw material cost (down 91bps to 53.3% of sales) and other expenses (down 229bps to 21.7%) resulted in EBITDA margin expansion of 312bps to 17.2%. Net profit grew 7% to 159 crore, owing to lower other income (down 42%) and higher tax rate (29.5% vs 17.6% in Q1FY18). Management View: Maintained long term EBITDA margin guidance of 18-22%....

Number of FII/FPI investors increased from 172 to 182 in Jun 2025 qtr.

Vardhman Textiles Ltd.

16 Aug 2018

460.00

0.10%

Vardhman Textiles Ltd

Hold: Vardhman Textiles Ltd.

Target

ICICI Securities Limited

Revenues for the quarter grew 8.4% YoY to | 1700 crore (I-direct estimate: | 1639.4 crore). Revenues from textile segment grew 7% YoY to | 1625 crore while on a low base acrylic fibre reported healthy revenue growth of 47% YoY to | 99.5 crore Gross margins for the quarter improved 91 bps YoY to 46.7% (on a sequential basis, gross margins declined 234 bps). Decline in other expenses (down 7% YoY to | 205.3 crore) further supported EBITDA growth. EBITDA margins for the quarter expanded 310 bps YoY to...

Number of FII/FPI investors increased from 172 to 182 in Jun 2025 qtr.

Vardhman Textiles Ltd.

18 May 2018

460.00

0.10%

Vardhman Text

Buy: Vardhman Textiles Ltd.

Target

Centrum Broking

Vardhman Textiles Ltd (VTL), for Q4FY18, on a consolidated basis, reported EBITDA margin expansion of 45bps YoY (up 359bps QoQ) to 17.2%, in-line with our expectation. Margin expansion was aided by lower raw material cost (down 269bps to 51% of sales). Revenue declined by 5% to 1,510 crore, on the back of lower sales volume (Yarn down 6% to 50,110 tonne and grey & processed fabric down 7% to 730 lakh metres). Net profit grew 3% to 164 crore. Management View: Maintained long term EBITDA margin guidance of 18-22%. Recommendation: Since our Q3FY18 result update (6 Mar'18 @ 1,309, Rating...

Number of FII/FPI investors increased from 172 to 182 in Jun 2025 qtr.

Vardhman Textiles Ltd.

17 May 2018

460.00

0.10%

Vardhman Textiles Ltd

Hold: Vardhman Textiles Ltd.

Recommendation Target

ICICI Securities Limited

Gross margins for the quarter expanded significantly by 270 bps YoY to 49%, mainly on account of softening of cotton prices. However, negative operating leverage (employee, power & other expenses as a...

Vardhman Textiles Ltd. is trading below all available SMAs

Vardhman Textiles Ltd.

28 Mar 2018, 09:39PM

460.00

0.10%

Youthful vision will take family business to new highs: Suchita Jain

Business Line

She knits together strategy at the $1.1 billion (7,200 crore) Vardhman Group that has nearly 28,000 employees. Third generation member of the Ludhiana-based Oswal family, Suchita Jain, Joint manag

Vardhman Textiles Ltd. is trading below all available SMAs

Vardhman Textiles Ltd.

06 Mar 2018

460.00

0.10%

Vardhman Text

Buy: Vardhman Textiles Ltd.

Target

Centrum Broking

Vardhman Textiles Ltd (VTL), for Q3FY18, on a consolidated basis continued to witness weak operational performance, in-line with expectation. Higher raw material expenses, up 1,095bps YoY to 56.7% of sales, led to EBITDA margin contraction of 736 bps to 13.7%. Revenue grew by 12% to 1,648 crore, on the back of ~11% and 21% growth in the textiles and acrylic fibre segments, respectively. Lower operational performance and other income (down 34% to 38 crore) led to net profit declining by 29% to 136 crore. Sales volume of yarn grew 14% to 55,096 tonne and grey & processed fabric grew 4% to 759 lakh meters....

Vardhman Textiles Ltd. is trading below all available SMAs

Is Vardhman Textiles Ltd. worth buying?

173 Votes:

Buy 83.82%

Sell 10.98%

Hold 5.2%

27.39% Gain from 52W Low

Vardhman Textiles Ltd. News and Updates

Keep track of all breaking news on Vardhman Textiles Ltd. from all sources in a single place.