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Fundamentals for Vardhman Textiles Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Textile Manufacturing
Vardhman Textiles Limited, together with its subsidiaries, manufactures, purchases, and sells textiles and fibres in India and internationally. The company offers yarns, fabrics, acrylic fibers, threads, and garments. It also provides specialized greige and dyed yarns in cotton, polyester, acrylic, viscose, specialized fibers, and various blends; fabrics, such as piece dyed, yarn dyed, printed, fiber blends, weaved, and specialty finishes. In addition, the company is involved in lending and investing activities; and the manufacture and sale of hot rolled bars, and special and alloy steel products, including carbon steel, case hardening steel, through hardening steel, and other products for automotive, engineering, bearing, and allied industries. It also exports its products. The company was formerly known as Mahavir Spinning Mills Limited and changed its name to Vardhman Textiles Limited in September 2006. Vardhman Textiles Limited was founded in 1965 and is based in Ludhiana, India.
Revenue projections:
Vardhman Textiles Limited's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
| currentRatio | 4.152000 |
|---|---|
| forwardPE | 13.997057 |
| debtToEquity | 17.520000 |
| earningsGrowth | -0.223000 |
| revenueGrowth | -0.004000 |
| grossMargins | 0.448160 |
| operatingMargins | 0.068650 |
| trailingEps | 26.200000 |
| forwardEps | 45.316670 |
Vardhman Textiles Limited's current ratio, being 4.152, means the company is well-positioned to meet its short-term debt obligations. This reflects Vardhman Textiles Limited's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.
Vardhman Textiles Limited's Forward PE is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains.
Vardhman Textiles Limited's low Debt-to-Equity ratio demonstrates that the company is not over-leveraged. This means it maintains a healthy balance between debt and equity, lowering financial risk and contributing to overall financial stability, which could attract risk-averse investors.
Vardhman Textiles Limited's low earnings and revenue growth suggest shrinking profits are likely. This could reflect broader financial struggles, signaling that the company might face difficulties in sustaining its profitability.
VTL's negative gross and operating margins suggest that the company is experiencing losses at both the production and operational levels. This could point to inefficiencies or declining demand for its products.
With a forward EPS greater than its trailing EPS, VTL is forecasted to be more profitable this year than last. This growth expectation reflects confidence in the company's earnings potential and suggests an improving financial trajectory for the year ahead.
Price projections:
Price projections for Vardhman Textiles Limited have steadily increased, reflecting growing optimism about the company's future. This trend suggests that analysts believe Vardhman Textiles Limited is well-positioned for continued success.
Recommendation changes over time:
The recent buy bias for VTL from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see VTL as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.
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