Vardhman Polytex Limited

Vardhman Polytex Limited (VARDMNPOLY) is a micro-cap Textiles company valued at ₹263 crore operating in Other Textile Products on the NSE and BSE.

Recent price move

Vardhman Polytex Limited last traded at ₹5.2, down 2.26% on the day.

Recent developments

On 2026-06-30, the company reported a net profit of ₹311 crore for the latest quarter, which is much higher than the ₹1 crore profit recorded in the same quarter a year earlier. Promoters have pledged 74.0% of their holding as of 2026-06-30, indicating potential liquidity concerns.

Financial performance

The company's business has deteriorated over the past year, with annual revenue falling 16.8% and net profit dropping 46.7%. However, the latest quarter saw a slight rise in revenue compared to the same quarter a year earlier, though net profit was significantly higher than the prior year's quarter.

Valuation multiples

The stock trades at 30.6 times earnings, -1.62 times book value.

Things to watch

The company's return on capital employed is negative at -13.5%, suggesting poor efficiency in generating returns from its capital. The stock is 37.7% below its 52-week high, and net profit margin has fallen 1.9 percentage points to 3.4%. Promoters have also pledged a significant portion of their holding, which may signal financial stress.

Where it stands

The company's financial performance has weakened over the past year, with net profit declining sharply despite a slight revenue increase in the latest quarter. The most significant movement is the sharp rise in net profit for the latest quarter compared to the same period a year earlier. The stock remains 37.7% below its 52-week high.

Summarised by DocStoX's model on 2026-09-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.