Vedant Fashions
- Market cap
- ₹ 11,734 Cr.
- P/E
- 29x
- P/B
- 6.06x
- 52-week range
- 329.2 – 693.15
- ROE
- 20%
- ROCE
- 24%
- Dividend yield
- 1.6%
- Debt / equity
- 0.23
- Sector
- Retailing
- Industry
- Speciality Retail
- Listed on
- NSE, BSE
About
Vedant Fashions Limited is an India-based company. The Company is primarily engaged in manufacturing, trading, and sale of ready-made ethnic wear for men, women, and kids primarily in India under the brand names Manyavar, Mohey, Mebaz, Twamev, and Manthan. The Company has only one reportable segment, which is branded fashion apparel and accessories. The Company’s products include men's kurta pajama, kurta jacket sets, only kurtas, nehru jacket, indo-western, sherwani, and accessories, such as juti, safa, mala, and others. Women’s ethnic and celebration wear items, such as lehenga, sarees, indo-western, stitched-suits, and accessories. Kids products include an indo-western, kurta jacket set, kurta pajama, and accessories. The Company has approximately 676 stores and 16 global stores in 255 Indian cities and 13 global cities. The Company has its international branded outlets in the United Arab Emirates, United States, Canada, and the United Kingdom.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Speciality Retail: 28 companies →Vedant Fashions 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)29 against a typical 37.3: cheaper than most peers (1st = cheapest).12th of 28
- Sales growth+7.1% against a typical +15.4% from a year earlier.18th of 23
- Profit growth+15.7% against a typical +18.3% from a year earlier.10th of 18
- Share price, 3 months+17.6% against a typical −17.4%.7th of 25
- Size₹ 11,733.5 Cr. market value against a typical ₹ 464.2 Cr. (1st = largest).3rd of 27
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AA | Stable | 2 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 2 Jul 2026 | Reaffirmed | Crisil AA | — | CRISIL | ₹ 110 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 25 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 25 Jun 2026 | Other business matters | To consider and approve the grant of Stock Options to the eligible employee of the Company |
| 8 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 12 Feb 2026 | Financial Results | Vedant Fashions Ltd has informed the Exchange that the meeting of the Board of Directors of the Company is scheduled on 12/02/2026, inter alia, to consider and approve the Unaudited Financial Results along with Limited Review Report of the Auditor thereon for the quarter and nine-months ended December 31, 2025. |
| 30 Oct 2025 | Financial Results | Vedant Fashions Ltd has informed the Exchange that the meeting of the Board of Directors of the Company is scheduled on 30/10/2025, inter alia, to consider and approve the Unaudited Financial Results along with Limited Review Reports of the Auditor thereon for the quarter and half-year ended September 30, 2025. |
| 30 Jul 2025 | Financial Results | VEDANT FASHIONS LIMITED has informed the Exchange about Board Meeting to be held on July 30, 2025 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarter ended June, 30 2025 |
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 | 218 | 474 | 363 | 240 | 268 | 511 | 367 | 281 | 263 | 492 | 399 | 301 |
| Expenses | 125 | 232 | 188 | 127 | 146 | 269 | 202 | 161 | 152 | 274 | 221 | 170 |
| Operating Profit | 93 | 242 | 175 | 113 | 122 | 242 | 166 | 121 | 111 | 218 | 179 | 131 |
| OPM % | 43% | 51% | 48% | 47% | 46% | 47% | 45% | 43% | 42% | 44% | 45% | 43% |
| Other Income | 15 | 15 | 24 | 21 | 19 | 22 | 22 | 26 | 20 | 21 | 26 | 30 |
| Interest | 11 | 11 | 13 | 14 | 14 | 14 | 14 | 14 | 15 | 14 | 13 | 13 |
| Depreciation | 32 | 34 | 38 | 37 | 37 | 39 | 39 | 40 | 42 | 44 | 44 | 42 |
| Profit before tax | 65 | 212 | 148 | 83 | 90 | 212 | 135 | 93 | 74 | 181 | 148 | 106 |
| Tax % | 25% | 26% | 22% | 25% | 26% | 25% | 25% | 24% | 24% | 26% | 23% | 24% |
| Net Profit | 49 | 158 | 116 | 62 | 67 | 158 | 101 | 70 | 56 | 135 | 114 | 81 |
| EPS in Rs | 2.02 | 6.49 | 4.77 | 2.57 | 2.75 | 6.5 | 4.16 | 2.89 | 2.31 | 5.55 | 4.7 | 3.32 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 11%
- 5 Years
- 21%
- 3 Years
- 3%
- TTM
- 2%
- 10 Years
- 15%
- 5 Years
- 24%
- 3 Years
- −3%
- TTM
- −3%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- −24%
- TTM
- —
- 10 Years
- 24%
- 5 Years
- 25%
- 3 Years
- 23%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Vedant Fashions | ₹ 483.85 | ₹ 11,734 Cr. | 29x | 6.1x | 20% | — |
| Trent | ₹ 2,715.85 | ₹ 1,44,818 Cr. | 86.8x | 21.7x | 27.6% | 8.6% |
| Metro Brands | ₹ 820.00 | ₹ 22,354 Cr. | 71.1x | 14.7x | 22.2% | 14.5% |
| Aditya Birla Lifestyle Brands | ₹ 70.64 | ₹ 8,615 Cr. | 27.5x | 8.2x | — | 2% |
| Brainbees Solutions | ₹ 164.10 | ₹ 8,568 Cr. | — | 2.1x | −2.9% | −2.4% |
| V2 Retail | ₹ 163.10 | ₹ 591 Cr. | 51.7x | 8.9x | 26% | 5.3% |
Management
- Ravi Modi
- Executive Chairman of the Board, Managing Director
- Rahul Murarka
- Chief Financial Officer
- Navin Pareek
- Compliance Officer, Company Secretary
- Shilpi Modi
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.