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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:
MANYAVAR's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.
Financial Ratios:
| currentRatio | 3.67400 |
|---|---|
| forwardPE | 22.53655 |
| debtToEquity | 23.29500 |
| earningsGrowth | 0.13100 |
| revenueGrowth | 0.08700 |
| grossMargins | 0.70603 |
| operatingMargins | 0.33791 |
| trailingEps | 15.43000 |
| forwardEps | 18.33688 |
MANYAVAR's current ratio 3.674, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, MANYAVAR can comfortably meet its immediate liabilities, reflecting a healthy financial standing.
Vedant Fashions Limited's Forward PE being in a good range indicates the stock is priced well relative to its earnings. It is not overvalued, leaving space for future growth, making it an appealing option for investors interested in long-term value appreciation.
MANYAVAR's low Debt-to-Equity ratio shows that the company avoids excessive reliance on debt, reducing financial risk. This suggests a more secure financial position with less vulnerability to debt-related risks, making MANYAVAR a stable and conservative investment.
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.
Vedant Fashions Limited's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that Vedant Fashions Limited's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.
Price projections:
Vedant Fashions Limited's stock price has repeatedly hovered near the lower end of projections. This trend indicates that the company may be facing obstacles in achieving the growth anticipated by analysts.
Recommendation changes over time:
Recent analysis shows a strong buy bias for Vedant Fashions Limited, encouraging investors to view it as a solid investment option. The positive sentiment surrounding Vedant Fashions Limited suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.
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