Vardhman Polytex Ltd

  • BSE Code : 514175
  • NSE Symbol : VARDMNPOLY
  • ISIN : INE835A01029
  • Industry :TEXTILES - COTTON/BLENDED

up-arrow 12.83 0.27(2.15%)

Open Price ()

12.87

Prev. Close ()

12.56

Volume (No’s)

319,628

Market Cap ()

576.37

Low Price ()

12.54

High Price ()

13.05

 

Corporate Announcement

07-Apr-2025 Vardhman Polytex Limited - Updates
04-Apr-2025 Vardhman Polytex Limited - Certificate from Debenture Trustee
28-Mar-2025 Vardhman Polytex Limited - Outcome of Board Meeting
27-Mar-2025 Vardhman Polytex Limited - Outcome of Board Meeting
07-Mar-2025 Vardhman Polytex Limited - Reply to Clarification- Financial results

Stock Summary

Market Cap(₹Cr.)

601.61

P/E (TTM)

40.97

Book value ()

-6.58

Div Yield (%)

0

EPS (TTM)

0.32

Face Value ()

1.00

Technical Analysis

Key Level

Resistance 1

12.80

Resistance 2

13.03

Support 1

12.32

Support 2

12.07

Moving Average

30 Days

12.08

50 Days

11.05

100 Days

11.68

200 Days

11.40

Peers Group

Company Market Cap (₹in Cr.) P/E (x) P/B(x) EV / EBITDA(x) Dividend Yield(%) EPS
Vardhman Polytex Ltd 601.61 40.97 -0.56 -12.92 0 0.32
Grasim Industries Ltd 177,915.20 0 2.92 2857.04 0.38 4.65
Aditya Birla Nuvo Ltd(Mer.. 24,595.47 63.31 1.25 906.92 0 29.81
Trident Ltd 16,674.34 45.44 5.15 1030.95 1.1 0.72
Welspun Living Ltd 14,363.33 25.88 3.58 1163.97 0.07 5.71

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Share Holding

CATEGORY NO. OF SHARES PERCENTAGE (%)
Total Foreign 4099392 0.89
Total Institutions 18000 0.00
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 28019005 6.11
Total Promoters 157022910 34.22
Total Public & others 269734697 58.78
Total 458894004 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

Corporate Actions

About Company

Promoted as a joint sector company by Mohta Industries (MIL) and the Punjab State Industrial Development Corporation (PSIDC), Vardman Polytex Ltd. (VPL) was incorporated as Punjab Mohta Polytex. The Company's principal activity is manufacturing of yarn & garments.

The company came out with a rights issue at a premium of Rs 60 aggregating Rs 24.92 cr and 28.48 lac 13% secured NCDs of Rs 250 aggregating Rs 71.21 cr in Jan.'95. The issue was to set up a 100% EOU with an installed capacity of 25,200 spindles in Punjab, expansion of its plant, and to meet long-term working capital needs. Total project cost was Rs 110.14 cr.

VPL manufactures coarse, medium and fine counts of 100% cotton yarn. It also produces 100% acrylic yarn, acrylic cotton yarn, polyester cotton yarn and tyre cord yarn. The company exports its products to the UK, Belgium, Italy, Germany, Korea, Australia, New Zealand, Hong Kong and Taiwan.

During 1998-99, the company had taken expansion by way of a new unit of 19,872 spindles at Baddi at a cost of Rs 41 crs which was commissioned on November, 1999. The Bathinda unit was also upgraded with an investment of Rs.34.00 crore making it capable of competing with the best in cotton yarns.

An expansion of spindles was taken up latter in the year 2001 at a cost ...

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