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:
Revenue projections for VTL VTL's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.
Financial Ratios:
currentRatio
4.62900
forwardPE
11.20241
debtToEquity
12.42900
earningsGrowth
0.18500
revenueGrowth
0.15700
grossMargins
0.46631
operatingMargins
0.18258
trailingEps
29.74000
forwardEps
39.70000
VTL's current ratio, being 4.629, demonstrates that the company has the liquidity necessary to service its short-term debt. With strong cash reserves and current assets, VTL is well-equipped to meet its immediate financial obligations without any difficulties. VTL's Forward PE ratio is favorable, indicating that the stock price is well-positioned in relation to its earnings. It is not overpriced, leaving room for growth, which makes it a solid option for investors seeking both stability and future appreciation. VTL's low Debt-to-Equity ratio signals the company is not over-leveraged, meaning it has a conservative approach to debt. This reduces financial risk and indicates a stable financial foundation, providing flexibility and security, which can appeal to investors seeking lower-risk investments. VTL's positive earnings and revenue growth indicate that the company is well-positioned for business expansion. This growth suggests a strong financial trajectory, with VTL expected to continue increasing its profits and revenue in the coming periods. Vardhman Textiles Limited's forward EPS being higher than its trailing EPS signals anticipated growth in profitability for the current financial year. This suggests that Vardhman Textiles Limited is on track to improve its earnings, outpacing the previous year's performance and reflecting positive market expectations.
Price projections:
Price projections for VTL The price of VTL has consistently remained close to the lower end of price projections. This trend may reflect uncertainty in the market regarding the company's ability to deliver on growth expectations.
Recommendation changes over time:
Recommendations trend for VTL
VTL has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view VTL as a reliable choice for their money, offering a promising avenue for future growth and financial gains.
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