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Vedant Fashions Limited

Vedant Fashions Limited

NSE: MANYAVAR
Apparel ManufacturingConsumer CyclicalMID CAPMCap ₹12.63k Cr
₹519.85₹7.65 (+1.49%)

Market Closed • NSE

Market cap₹12.63k Cr
Enterprise value₹12.36k Cr
P/E TTM32.74
Forward P/E28.11
P/B6.42
EPS TTM₹15.88
Forward EPS₹18.49
ROCE30.70%
D/E0.23
Dividend yield0.02%
Face value₹1.00
52W high₹698.55
52W low₹329.20
Price chart(1Y)
1Y Return:+27.60% (+₹112.45)
H: ₹604L: ₹381.85
1W+5.24%
1M-8.41%
3M+24.65%
6M+15.54%
1Y-24.00%
Today at a glance

Day range

₹510.00₹523.00

52 week range

₹329.20₹698.55
Volume67.2K0.24x 20D avg
Free float50.00%-76.40% volume

Vedant Fashions Limited closed at INR519.85 (+1.49%) on volume 0.24x its 20-day average, trading 25.58% below its 52-week high.

Technical analysis
RSI (14)48.8Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹18.81High
SMA 20₹519.76BULLISH
SMA 50₹538.62BEARISH
SMA 100₹474.80BULLISH
SMA 200₹457.69BULLISH
CPR bottom₹514.67
Pivot₹513.85
CPR top₹513.03
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved -15.3% QoQ

2026-09-21

DIVIDEND Announced

Dividend - Rs 7.75 Per Share

2025-08-28

DIVIDEND Announced

Dividend - Rs 8 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹457.6 Cr₹12.63k Cr3.62%≤ 33%PASS
Non-halal income ratio–₹1.44k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹2.84k Cr₹2.85k Cr99.61%≥ 20%PASS
Receivables ratio–₹2.85k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E32.7426.80
Forward P/E28.11—
P/B6.422.70
EV/EBITDA—18.00
PEG—1.00
Earnings yield3.103.70
Growth & profitability
RevenuePAT
FY23PAT margin 31.70%
FY24PAT margin 30.30%
FY25PAT margin 28.00%
FY26PAT margin 26.20%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+1.70%
Revenue CAGR 5Y+1.20%
PAT CAGR 3Y-3.20%
PAT CAGR 5Y-2.60%
Operating margin29.46%
Net margin26.51%
Financial health & cash flow
Net debt₹446.5 CrModerate
Interest coverage8.10xEBIT / interest
CFO / PAT1.15x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹481.4 Cr
Capital expenditure–
Free cash flow₹469.1 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall75/100
Valuation50/100
Profitability80/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 30.7%

Low Debt Profile: Debt-to-Equity is comfortable at 0.23x

High Cash Flow Conversion: CFO/PAT averaged 1.15x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Apparel Manufacturing.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2024

Ownership distribution

Dec 2024Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024
21.14%Institutional holding
3.92%Public holding
2Periods available
0.00%Promoter pledged
83.02KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
21 Sept 2026Dividend₹7.75 / share—21 Sept 2026
28 Aug 2025Dividend₹8.00 / share—28 Aug 2025
—Dividend₹8.50 / share—23 Aug 2024
—Dividend₹9.00 / share—17 Aug 2023
—Dividend₹5.00 / share—30 Aug 2022
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)49.03%+2.50% latest vs average
Highest delivery84.26%on 05 Oct
Average volume (20D)284.6KTrading-session average
Conviction trendStrengthening+2.50% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Titan Company Limited
Titan Company LimitedTITAN
Open analysis
₹3.94L68.510.34%₹21,356.00₹1,777.00+29.25%+62.88%
Maruti Suzuki India Limited
Maruti Suzuki India LimitedMARUTI
Open analysis
₹3.61L25.201.22%₹52,470.00₹3,447.00+35.92%-9.10%
Mahindra & Mahindra Limited
Mahindra & Mahindra LimitedM&M
Open analysis
₹3.51L17.781.15%₹41,959.00₹3,685.00+22.89%+6.81%
Eternal Limited
Eternal LimitedETERNAL
Open analysis
₹3.00L692.130.00%₹3,349.00₹585.00+38.79%-2.82%
Bajaj Auto Limited
Bajaj Auto LimitedBAJAJ-AUTO
Open analysis
₹2.86L24.741.44%₹17,243.72₹2,982.84+36.35%+34.94%
Eicher Motors Limited
Eicher Motors LimitedEICHERMOT
Open analysis
₹2.00L34.661.13%₹6,632.00₹1,463.00+31.54%+21.41%
TVS Motor Company Limited
TVS Motor Company LimitedTVSMOTOR
Open analysis
₹1.95L56.760.30%₹16,296.00₹1,058.00+33.46%+64.54%
Samvardhana Motherson International Limited
Samvardhana Motherson International LimitedMOTHERSON
Open analysis
₹1.70L38.550.31%₹35,244.00₹1,076.00+16.66%+77.56%
About Vedant Fashions Limited
Vedant Fashions Limited

Vedant Fashions Limited caters to the Indian celebration wear market with a diverse portfolio of brands. The company offers its customers a one-stop destination for every celebratory occasion and the largest men's Indian wedding and celebration wear by revenue.VFL commands a dominant position in conventionally unorganized market segment.[1]

IndiaConsumer Cyclical

Questions investors ask
Is Vedant Fashions Limited Shariah compliant?

Vedant Fashions Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (3.62%) complies with AAOIFI threshold (≤ 33%).

What is Vedant Fashions Limited's current valuation relative to peers?

Vedant Fashions Limited trades at a P/E of 32.7x compared to the sector median of 26.8x, and a Price-to-Book of 6.4x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.23x. Interest coverage is 8.1x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 1.2% while net profit growth averaged -2.6%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.