Veekayem Fashion and Apparels Limited

Veekayem Fashion and Apparels Limited (VEEKAYEM) is a micro-cap Textiles company valued at ₹112 crore operating in Garments & Apparels on the NSE and BSE.

Recent price move

Veekayem Fashion and Apparels Limited last traded at ₹161.2, up 4.98% on the day.

Recent developments

On 2026-03-31, the company reported its latest quarter results, showing revenue of ₹266 crore and net profit of ₹7 crore, up 33.7% and 40.0% respectively compared to the same quarter a year earlier. The company has a high debt to equity ratio of 1.64, which may impact its financial flexibility.

Financial performance

The company's annual revenue rose 31.6% to ₹321 crore, while annual net profit doubled to ₹8 crore. The latest quarter saw revenue increase 33.7% to ₹266 crore and net profit rise 40.0% to ₹7 crore, with net profit margin expanding 0.9 percentage points to 2.5%.

Valuation multiples

The stock trades at 12.4 times earnings, 0.90 times book value.

Things to watch

The company has a high debt to equity ratio of 1.64, which may impact its financial flexibility. The stock is 65.6% below its 52-week high, indicating a significant drop from recent peak levels. The company is not paying out dividends despite repeated profits, which may affect investor returns.

Where it stands

The company has shown strong revenue and profit growth over the past few years, with the latest quarter reflecting continued expansion. The stock is significantly below its 52-week high, and the company has not distributed dividends to shareholders despite profitability. The high debt to equity ratio remains a key factor in its financial position.

Summarised by DocStoX's model on 2026-10-04 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.