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Fundamentals for Vedant Fashions Limited
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Fundamentals for Vedant Fashions Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Apparel Manufacturing
Vedant Fashions Limited engages in the manufacture, trade, and sale of wedding and celebration wear in India and internationally. The company's products include men's ethnic and celebration wear items, such as kurta sets, Indo-Western sets, sherwani sets, short kurta and Jodhpuri products, jackets, and accessories; women's ethnic and celebration wear items, including lehengas, sarees, stitched suits, crop top lehengas, gowns, and accessories; and kurta sets, jackets, and Indo-Western products for kids. It offers its products under the Manyavar, Twamev, Manthan, Mohey, and Mebaz brands. The company sells its products through a network of franchise-owned exclusive brand outlets, multi-brand outlets, and large format stores; and online platforms, including its website, manyavar.com and mobile application. Vedant Fashions Limited was founded in 1999 and is headquartered in Kolkata, India.
Revenue projections:
The projected decline in MANYAVAR's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 26.417238 |
| debtToEquity | 26.948000 |
| earningsGrowth | -0.146000 |
| revenueGrowth | -0.038000 |
| grossMargins | 0.717020 |
| operatingMargins | 0.353630 |
| trailingEps | 14.900000 |
| forwardEps | 16.178830 |
MANYAVAR's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
Vedant Fashions Limited's Debt-to-Equity ratio is low, indicating the company is not over-leveraged. This suggests a prudent approach to financing, with minimal dependence on debt, reducing the financial risk associated with high leverage, and signaling a stable financial outlook.
Vedant Fashions Limited's low earnings and revenue growth highlight potential profit shrinkage. This suggests that the company may struggle to maintain its financial performance, raising concerns about its future profitability.
MANYAVAR's positive gross and operating margins reflect strong financial performance. These metrics indicate that the company is efficiently managing its operations and generating healthy profits, contributing to a solid financial position.
MANYAVAR's forward EPS being higher than its trailing EPS suggests that the company is expected to generate stronger profits this year. This points to improving financial performance, with MANYAVAR anticipated to deliver better earnings than it did in the prior year.
Price projections:
Vedant Fashions Limited's price projections have been revised downward gradually, suggesting that expectations for the company's future performance are becoming more conservative. Analysts may be tempering their optimism based on current trends.
Recommendation changes over time:
Analysts' buy bias toward MANYAVAR suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, MANYAVAR is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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