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Vardhman Holdings Limited

Vardhman Holdings Limited

NSE: VHL
Credit ServicesFinancial ServicesSMALL CAPMCap ₹1.19k Cr
₹3,740.40₹46.00 (+1.25%)

Market Closed • NSE

Market cap₹1.19k Cr
Enterprise value₹1.18k Cr
P/E TTM4.75
P/B0.32
EPS TTM₹788.02
ROCE6.28%
Dividend yield0.00%
Face value₹10.00
52W high₹4,275.00
52W low₹2,870.00
Price chart(1Y)
1Y Return:+10.29% (+₹349.00)
H: ₹3,785L: ₹3,273
1W+3.11%
1M+9.90%
3M+5.40%
6M+10.92%
1Y-3.48%
Today at a glance

Day range

₹3,633.00₹3,780.00

52 week range

₹2,870.00₹4,275.00
Volume1.2K1.26x 20D avg
Free float50.00%+26.40% volume

Vardhman Holdings Limited closed at INR3740.40 (+1.25%) on volume 1.26x its 20-day average, trading 12.51% below its 52-week high.

Technical analysis
RSI (14)70.2Overbought
MACDBULLISHBullish (Above signal)
ATR (14)₹115.47High
SMA 20₹3,497.54BULLISH
SMA 50₹3,492.31BULLISH
SMA 100₹3,494.42BULLISH
SMA 200₹3,422.39BULLISH
CPR bottom₹3,699.35
Pivot₹3,697.70
CPR top₹3,696.05
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +81.5% QoQ

2026-08-28

DIVIDEND Announced

Dividend - Rs 5 Per Share

2025-09-12

DIVIDEND Announced

Dividend - Rs 5 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Business Activity)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio–₹1.19k Cr—≤ 33%PENDING_DATA
Non-halal income ratio–₹4.0 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹3.77k Cr₹3.77k Cr99.99%≥ 20%PASS
Receivables ratio–₹3.77k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E4.7516.50
Forward P/E——
P/B0.321.60
EV/EBITDA—18.00
PEG—0.50
Earnings yield21.106.10
Growth & profitability
RevenuePAT
FY24PAT margin 1233.30%
FY25PAT margin 1121.70%
FY26PAT margin 1800.00%

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

Revenue CAGR 3Y-44.00%
Revenue CAGR 5Y-13.80%
PAT CAGR 3Y-5.70%
PAT CAGR 5Y+3.20%
Operating margin93.39%
Net margin11.65%
Financial health & cash flow
Net debt–Moderate
Interest coverage204.00xEBIT / interest
CFO / PAT-0.03x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹-575.0 Lakh
Capital expenditure–
Free cash flow₹-575.0 Lakh
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
Overall63/100
Valuation75/100
Profitability50/100
Financial health65/100

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

Attractive Valuation: P/E of 4.7x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Credit Services.

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 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
0.12%Institutional holding
24.99%Public holding
5Periods available
0.00%Promoter pledged
10.69KShareholders
Corporate Action

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

Record dateCorporate actionInformationAnnouncement dateEx-date
28 Aug 2026Dividend₹5.00 / share—28 Aug 2026
12 Sept 2025Dividend₹5.00 / share—12 Sept 2025
—Dividend₹5.00 / share—06 Sept 2024
—Dividend₹5.00 / share—15 Sept 2023
—Dividend₹5.00 / share—16 Sept 2022
—Dividend₹5.00 / share—16 Sept 2021
—Annual General MeetingAnnual General Meeting—16 Sept 2020
—Dividend₹5.00 / share—18 Sept 2019
—Dividend₹5.00 / share—12 Sept 2018
—Dividend₹5.00 / share—07 Sept 2017
—Dividend₹3.00 / share—11 Aug 2016
—Dividend₹3.00 / share—05 Aug 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)75.41%+2.41% latest vs average
Highest delivery93.51%on 24 Sept
Average volume (20D)920.25Trading-session average
Conviction trendStrengthening+2.41% 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 %
HDFC Bank Limited
HDFC Bank LimitedHDFCBANK
Open analysis
₹11.24L15.931.79%₹46,355.55₹19,059.72-45.69%+17.23%
ICICI Bank Limited
ICICI Bank LimitedICICIBANK
Open analysis
₹10.03L18.060.86%₹32,960.41₹16,276.00-35.98%+12.59%
State Bank of India
State Bank of IndiaSBIN
Open analysis
₹8.89L10.321.81%₹62,915.13₹25,121.00-29.09%+13.56%
Bajaj Finance Limited
Bajaj Finance LimitedBAJFINANCE
Open analysis
₹6.11L29.360.56%₹13,929.00₹6,081.00+17.62%+27.62%
Life Insurance Corporation of India
Life Insurance Corporation of IndiaLICI
Open analysis
₹5.03L8.372.54%₹2.40L₹13,584.00+6.76%+24.00%
Kotak Mahindra Bank Limited
Kotak Mahindra Bank LimitedKOTAKBANK
Open analysis
₹4.45L21.930.15%₹11,266.63₹5,480.00-41.22%+22.54%
Axis Bank Limited
Axis Bank LimitedAXISBANK
Open analysis
₹4.02L14.510.08%₹21,381.52₹7,114.00-3.52%+22.53%
Bajaj Finserv Ltd.
Bajaj Finserv Ltd.BAJAJFINSV
Open analysis
₹2.77L27.450.08%₹42,036.90—+39.05%—
About Vardhman Holdings Limited
Vardhman Holdings Limited

Incorporated in 1962, Vardhman Holdings Ltd is in the business of lending and investing activities[1]

IndiaFinancial Services

Questions investors ask
Is Vardhman Holdings Limited Shariah compliant?

Vardhman Holdings Limited is currently screened as Non-Compliant (Business Activity) under AAOIFI Shariah Standard No. 21. Business activity in non-permissible sector: /\bfinancial services\b/i Interest-bearing debt or Market Cap data unavailable for ratio screening.

What is Vardhman Holdings Limited's current valuation relative to peers?

Vardhman Holdings Limited trades at a P/E of 4.7x compared to the sector median of 16.5x, and a Price-to-Book of 0.3x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of zero debt. Interest coverage is 204x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at -13.8% while net profit growth averaged 3.2%.

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.