Vedant Fashions Limited
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- ₹1260.1
- Today's High:
- ₹1308.85
- Open Price:
- ₹1299.05
- 52W Low:
- ₹1050.8613
- 52W High:
- ₹1490.2385
- Prev. Close:
- ₹1295.3
- Volume:
- 6983
Company Statistics
- Market Cap.:
- ₹310.23 billion
- Book Value:
- 57.736
- Revenue TTM:
- ₹13.42 billion
- Operating Margin TTM:
- 40.9%
- Gross Profit TTM:
- ₹10.02 billion
- Profit Margin:
- 31.32%
- Return on Assets TTM:
- 18.01%
- Return on Equity TTM:
- 34.57%
Company Profile
Vedant Fashions Limited had its IPO on under the ticker symbol MANYAVAR.
The company operates in the Consumer Cyclical sector and Apparel Manufacturing industry. Vedant Fashions Limited has a staff strength of 744 employees.
Stock update
Shares of Vedant Fashions Limited opened at ₹1299.05 at the start of the last trading session i.e. 2023-09-13.
The stocks traded within a range of ₹1260.1 - ₹1308.85, and closed at ₹1288.75.
This is a -0.51% slip from the previous day's closing price.
A total volume of 6,983 shares were traded at the close of the day’s session.
In the last one week, shares of Vedant Fashions Limited have increased by +3.05%.
Vedant Fashions Limited's Key Ratios
Vedant Fashions Limited has a market cap of ₹310.23 billion, indicating a price to book ratio of 0 and a price to sales ratio of 0.
In the last 12-months Vedant Fashions Limited’s revenue was ₹13.42 billion with a gross profit of ₹10.02 billion and an EBITDA of ₹6.76 billion. The EBITDA ratio measures Vedant Fashions Limited's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Vedant Fashions Limited’s operating margin was 40.9% while its return on assets stood at 18.01% with a return of equity of 34.57%.
In Q2, Vedant Fashions Limited’s quarterly earnings growth was a negative -8.9% while revenue growth was a negative 4.1%.
Vedant Fashions Limited’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 73.9468
- PEG
Its diluted EPS in the last 12-months stands at ₹17.28 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Vedant Fashions Limited’s profitability.
Vedant Fashions Limited stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.
Vedant Fashions Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 51.97%.
Balance sheet and cash flow metrics
- Total Assets
- ₹21.66 billion
- Total Liabilities
- ₹3.97 billion
- Operating Cash Flow
- ₹0
- Capital Expenditure
- ₹0
- Dividend Payout Ratio
- 51.97%
Vedant Fashions Limited ended 2024 with ₹21.66 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹21.66 billion while shareholder equity stood at ₹14.00 billion.
Vedant Fashions Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹3.97 billion in other current liabilities, in common stock, ₹13.57 billion in retained earnings and ₹157.11 million in goodwill. Its cash balance stood at ₹97.45 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹0.
Vedant Fashions Limited’s total current assets stands at ₹13.38 billion while long-term investments were ₹0 and short-term investments were ₹6.35 billion. Its net receivables were ₹4.73 billion compared to accounts payable of ₹858.82 million and inventory worth ₹1.74 billion.
In 2024, Vedant Fashions Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.
Comparatively, Vedant Fashions Limited paid ₹0.52 in dividends in 2024.
Other key metrics
- Current Trading Price
- ₹1288.75
- 52-Week High
- ₹1490.2385
- 52-Week Low
- ₹1050.8613
- Analyst Target Price
- ₹
Vedant Fashions Limited stock is currently trading at ₹1288.75 per share. It touched a 52-week high of ₹1490.2385 and a 52-week low of ₹1490.2385. Analysts tracking the stock have a 12-month average target price of ₹.
Its 50-day moving average was ₹1248.92 and 200-day moving average was ₹1245.9 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 7982.6% of the company’s stock are held by insiders while 1436.9% are held by institutions.
Frequently Asked Questions About Vedant Fashions Limited
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About
Vedant Fashions Limited engages in manufacture and trading of wedding and celebration wear in India and internationally. The company’s products include men’s ethnic and celebration wear items, such as Indo-western, sherwanis, and kurtas; jackets and accessories; women’s ethnic and celebration wear items consisting of lehengas, sarees, stitched suits, and kurtis; and lehengas, gowns, frocks, kurtas, suits and accessories 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, www.manyavar.com and mobile application. Vedant Fashions Limited was incorporated in 2002 and is headquartered in Kolkata, India.