Vardhman Polytex
- Market cap
- ₹ 246 Cr.
- P/E
- 11.6x
- 52-week range
- 4.71 – 9.15
- ROCE
- −34%
- Dividend yield
- 0%
- Sector
- Textiles & Apparels
- Industry
- Other Textile Products
- Listed on
- NSE, BSE
About
Vardhman Polytex Limited is an India-based company engaged in the manufacturing of yarn and garments. The Company’s segments include Textiles and Real Estate. The Company's yarn portfolio includes cotton yarns (carded, combed, organic, and BCI), cotton polyester yarns and value-added yarns (grey and dyed) in variable counts. It manufactures, exports and wholesales blended compact yarn, knitting compact yarn and weaving compact yarn from Ludhiana. The Company’s technology consists of various machinery manufacturers, including Rieter, Trutzschler, rloskar Toyota, Schlafhorst, Murata, Volkrnann, Xorella, Loptex, Uster, Luwa, Fongs, Thies, Sussen, SSM and Monga Strayfield. Its Dye House has a capacity of 15 metric tons per day. Its Ludhiana unit has an installed capacity of 50000 spindles and has technology imported from Rieter (Switzerland), Muratac (Japan) and USter (Switzerland). The Company has production facilities located at Ludhiana, Punjab, and Nalagarh, Himachal Pradesh.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Textile Products: 275 companies →Vardhman Polytex against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)11.6 against a typical 16.3: cheaper than most peers (1st = cheapest).106th of 268
- Sales growth+1.7% against a typical +6.7% from a year earlier.132nd of 234
- Share price, 3 months−18.4% against a typical −4%.191st of 240
- Size₹ 246.3 Cr. market value against a typical ₹ 58.7 Cr. (1st = largest).62nd of 256
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated D by Infomerics- The company stopped sharing information with ICRA.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | IVR D | — | 23 Mar 2026 |
| ICRA | [ICRA]D ISSUER NOT COOPERATING | — | 16 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 23 Mar 2026 | New rating | IVR D | — | Infomerics | ₹ 95 Cr. | |
| 16 Mar 2026 | Rating action | [ICRA]D ISSUER NOT COOPERATING | — | ICRA | ₹ 514 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 10 Aug 2026 | Financial Results | Intimation of board meeting scheduled to be held on 10.08.2026 inter-alia to consider and approve the unaudited financial results for the quarter ended Jun 30, 2026 |
| 29 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 19 Mar 2026 | Fund Raising | To consider Fund Raising |
| 17 Mar 2026 | Fund Raising | To consider Fund Raising |
| 11 Mar 2026 | Board meeting Rescheduled | Vardhman Polytex Limited has informed the Exchange that the meeting of the Board of Directors of the Company scheduled to be held on March 11, 2026 has been cancelled. New date of board meeting will be intimated in due course. |
| 6 Mar 2026 | Fund Raising | To consider Fund Raising |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 101 | 61 | 74 | 64 | 64 | 75 | 81 | 60 | 62 | 51 | 65 | 61 |
| Expenses | 121 | 78 | 75 | 73 | 68 | 49 | 83 | 58 | 51 | 50 | 63 | 62 |
| Operating Profit | −20 | −18 | −1 | −9 | −4 | 27 | −2 | 2 | 11 | 0 | 2 | −1 |
| OPM % | −20% | −29% | −1.3% | −14% | −6% | 35% | −2.4% | 2.8% | 17% | 0.2% | 2.6% | −2.1% |
| Other Income | 2 | 3 | 5 | 5 | 9 | 3 | 9 | 4 | 2 | 2 | 1 | 318 |
| Interest | 13 | −23 | 0 | 4 | 3 | 4 | 3 | 4 | 4 | 0 | 1 | 4 |
| Depreciation | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | −34 | 5 | 1 | −11 | 1 | 24 | 1 | 0 | 6 | 0 | 1 | 311 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | −34 | 5 | 1 | −11 | 1 | 24 | 1 | 0 | 6 | 0 | 1 | 311 |
| EPS in Rs | −1.07 | 0.15 | 0.03 | −0.3 | 0.02 | 0.55 | 0.02 | 0 | 0.14 | 0 | 0.02 | 6.44 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −12%
- 5 Years
- −14%
- 3 Years
- −27%
- TTM
- −15%
- 10 Years
- 1%
- 5 Years
- 16%
- 3 Years
- 28%
- TTM
- −65%
- 10 Years
- 5%
- 5 Years
- 27%
- 3 Years
- −1%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
Peers
Listed companies in the same business.
| Vardhman Polytex | ₹ 4.89 | ₹ 246 Cr. | 11.6x | — | — | — |
| Page Industries | ₹ 33,774.65 | ₹ 37,672 Cr. | 56.1x | 29.6x | 52.5% | 14.6% |
| Vardhman Textiles | ₹ 495.00 | ₹ 14,319 Cr. | 23.5x | 1.8x | 7.3% | 7.6% |
| Indo Count Industries | ₹ 390.35 | ₹ 7,721 Cr. | 57.5x | 3.3x | 5.4% | 3% |
| Alok Industries | ₹ 8.10 | ₹ 4,022 Cr. | — | — | — | −20% |
| Gokaldas Exports | ₹ 673.70 | ₹ 4,937 Cr. | 63.1x | 2.8x | 4.7% | 2.5% |
Management
- Adish Oswal
- Chairman of the Board, Chief Operating Officer, Managing Director
- Radhamohan Soni
- Chief Financial Officer
- Ajay Kumar Ratra
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.