Vedant Fashions Ltd
MANYAVARVedant Fashions Ltd
MANYAVAR
Consumer DiscretionaryTextiles
MidcapWith a market cap of ₹34,785 cr, stock is ranked 193
Moderate RiskStock is 2.51x as volatile as Nifty
1,438.500.42% (+5.95)
1,438.500.42% (+5.95)
Price Chart
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 87.00 | 24.85 | 0.63% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 71.19 | 6.84 | 0.55% |
Forecast & Ratings
Detailed Forecast78%
Analysts have suggested that investors can buy this stock
from 9 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Vedant Fashions is engaged in manufacturing, trading, and sale of readymade ethnic wear for men, women and kids primarily in India.
Investor Presentation
View olderPeers
Compare with peersKPR Mill Ltd
PE Ratio
36.12
1Y Return
58.43%
Buy Reco %
85.71
Trident Ltd
PE Ratio
41.56
1Y Return
1.36%
Buy Reco %
100.00
Welspun India Ltd
PE Ratio
78.31
1Y Return
106.70%
Buy Reco %
71.43
Vardhman Textiles Ltd
PE Ratio
15.02
1Y Return
16.59%
Buy Reco %
75.00
Swan Energy Ltd
PE Ratio
-193.82
1Y Return
60.06%
Buy Reco %
—
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Forecasts
Price
Revenue
Earnings
Price Forecast
2022
Current
₹1,438.50
Baseline
Forecast for Dec 2024
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2022
Current
₹1,438.50
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Forecast for Dec 2024
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Revenue Forecast
2023
Current
₹1.40
Baseline
Forecast for Mar 2024
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All values in ₹ Thousand cr.
2023
Current
₹1.40
Baseline
Forecast for Mar 2024
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Earnings Per Share Forecast
2023
Current
₹17.68
Baseline
Forecast for Mar 2024
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2023
Current
₹17.68
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Forecast for Mar 2024
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Income
Balance Sheet
Cash Flow
Annual Normal View
Income Statement
Annual Normal View
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 414.03 | 506.12 | 599.26 | 768.59 | 819.80 | 947.98 | 625.02 | 1,090.77 | 1,395.17 | 1,366.48 | ||||||||||
Raw Materials | 73.22 | 107.72 | 144.15 | 232.13 | 210.95 | 261.10 | 126.25 | 285.85 | 371.74 | 679.65 | ||||||||||
| Power & Fuel Cost | 5.65 | 6.15 | 5.80 | 2.23 | 1.15 | 1.66 | 1.20 | 1.03 | 1.23 | |||||||||||
| Employee Cost | 47.99 | 68.69 | 34.76 | 48.96 | 47.21 | 53.30 | 38.11 | 57.53 | 56.63 | |||||||||||
| Selling & Administrative Expenses | 112.68 | 121.50 | 183.66 | 165.44 | 184.00 | 130.33 | 75.44 | 120.63 | 157.43 | |||||||||||
| Operating & Other expenses | 71.41 | 49.74 | 54.47 | 77.66 | 83.82 | 75.41 | 80.75 | 79.93 | 97.05 | |||||||||||
EBITDA | 103.08 | 152.32 | 176.42 | 242.17 | 292.67 | 426.18 | 303.27 | 545.80 | 711.09 | 686.83 | ||||||||||
| Depreciation/Amortization | 8.88 | 7.33 | 7.57 | 9.67 | 8.58 | 88.73 | 95.53 | 94.36 | 103.79 | 114.86 | ||||||||||
| PBIT | 94.20 | 144.99 | 168.85 | 232.50 | 284.09 | 337.45 | 207.74 | 451.44 | 607.30 | 571.97 | ||||||||||
| Interest & Other Items | 7.93 | 5.97 | 5.06 | 6.04 | 4.35 | 25.61 | 25.82 | 28.43 | 31.46 | 36.01 | ||||||||||
| PBT | 86.27 | 139.02 | 163.79 | 226.46 | 279.74 | 311.84 | 181.92 | 423.01 | 575.84 | 535.96 | ||||||||||
| Taxes & Other Items | 29.83 | 48.87 | 57.75 | 78.57 | 97.58 | 75.20 | 49.01 | 108.10 | 146.73 | 136.12 | ||||||||||
| Net Income | 56.44 | 90.15 | 106.04 | 147.89 | 182.16 | 236.64 | 132.91 | 314.91 | 429.11 | 399.84 | ||||||||||
| EPS | 4.76 | 7.60 | 8.94 | 12.63 | 15.13 | 18.90 | 10.67 | 17.18 | 17.68 | 16.47 | ||||||||||
| DPS | 3.10 | 1.00 | 0.00 | 0.00 | 0.00 | 4.00 | 0.00 | 5.00 | 9.00 | 9.00 | ||||||||||
| Payout ratio | 0.65 | 0.13 | 0.00 | 0.00 | 0.00 | 0.21 | 0.00 | 0.29 | 0.51 | 0.55 |
Company Updates
FY 2024
Investor Presentation
Jul 26PDF
Peers & Comparison
Comparing 3 stocks from
Consumer DiscretionaryTextiles
Compare valuation on Screener
Consumer DiscretionaryTextiles
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Vedant Fashions Ltd | 81.06 | 24.85 | 0.63% |
| KPR Mill Ltd | 36.12 | 7.93 | 0.25% |
| Trident Ltd | 41.56 | 4.37 | 1.00% |
| Welspun India Ltd | 78.31 | 3.71 | 0.06% |
Price Comparison
Compare MANYAVAR with any stock or ETFCompare MANYAVAR with any stock or ETF
MANYAVAR
Shareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has decreased by 9.88%
Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Shareholding History
Foreign Institutions
Mutual Funds Holding Trend
A list of mutual funds holding the stock, ranked on the basis of Market-cap held which is calculated as the value of stock held in the portfolio divided by its market cap
Decreased Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has decreased by 1.20%
Top 5 Mutual Funds holding Vedant Fashions Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
SBI Equity Hybrid Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.8573% | Percentage of the fund’s portfolio invested in the stock 1.09% | Change in the portfolio weight of the stock over the last 3 months 0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 26/100 (+4) |
SBI Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.3001% | Percentage of the fund’s portfolio invested in the stock 2.14% | Change in the portfolio weight of the stock over the last 3 months -0.07% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 16/61 (-2) |
KOTAK EMERGING EQUITY SCHEME - DIRECT PLAN - GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.1063% | Percentage of the fund’s portfolio invested in the stock 1.14% | Change in the portfolio weight of the stock over the last 3 months -0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 33/84 (-1) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Vedant Fashions Ltd
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 17, 2023
Final
Final | Div/Share: ₹9.00
Dividend/Share
₹9.00
Ex DateEx Date
Aug 17, 2023
Cash Dividend
Ex DateEx DateAug 30, 2022
Final
Final | Div/Share: ₹5.00
Dividend/Share
₹5.00
Ex DateEx Date
Aug 30, 2022
News & Opinions
Articles & Videos
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Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 12.66%, vs industry avg of 5.61%
Increasing Market Share
Over the last 5 years, market share increased from 0.61% to 0.87%