loader2
Partner With Us NRI

Vedant Fashions Ltd share Price Today

Company details

927.05
953.95
886.05
1,487.90
6M Return -27.58%
1Y Return -27.18%
Mkt Cap.(Cr) 22,818.85
Volume 434,717
Div Yield 0.96%
OI
-
OI Chg %
-
Volume 434,717

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Speciality Retail firm Vedant Fashions announced Q4FY23 & FY23 results:

  • Q4FY23:
    • Revenue from Operations (YoY Growth) Q4: 15.3 %
    • Gross Margin% Q4: 66.0%
    • EBITDA Margin% Q4: 50.2%
    • PAT Margin% Q4: 31.9%
    • PAT (YoY Growth) Q4: 22.7%
  • FY23:
    • Revenue from Operations (YoY Growth) FY: 30.2%
    • Gross Margin% FY: 67.4%
    • EBITDA Margin% FY: 50.1%
    • PAT Margin% FY: 31.7%
    • PAT (YoY Growth) FY: 36.3%

 

 

Result PDF

View Other Company Results

Vedant Fashions Ltd shares SWOT Analysis

Strengths (10)

  • Rising Net Cash Flow and Cash from Operating activity
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Weakness (2)

  • MFs decreased their shareholding last quarter
  • Near 52 Week Low

Opportunity (0)

Data not found

Threats (3)

  • Promoter decreasing their shareholding
  • Companies with growing costs YoY for long term projects
  • High PE (PE > 40)

Resistance and support

R1 953.3
R2 967.1
R3 980.2
Pivot

940.18

S1 926.4
S2 913.3
S3 899.5
EMA SMA
926.3
968.3
1,047.0
1,126.3
925.3
951.1
1,088.6
1,185.9
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Block Purchase 2024-04-23 932.9 370643 NSE
MARSHALL WACE INVESTMENT STRATEGIES - EUREKA FUND Block Sell 2024-04-23 932.9 370643 NSE
MARSHALL WACE INVESTMENT STRATEGIES EUREKA FUND Block Purchase 2024-01-25 1072.45 330430 NSE
Name Category Shares
RAVI MODI HUF PROMOTER 16.01%
SHILPI MODI PROMOTER 1.09%
RAVI MODI PROMOTER 0.7%
Ravi Modi Family Trust (acting through its trustee, Modi Fiduciary Services Private Limited) PROMOTER 57.17%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Vedant Fashions Ltd Stocks COMPARISON

Financials( in Cr) Vedant Fashions Ltd Avenue Supermarts Ltd Trent Ltd Aditya Birla Fashion & Retail Ltd Redtape Ltd
Price 939.55 4,797.55 4,221.75 259.95 727.00
% Change 1.87 -0.06 1.53 -1.35 0.20
Mcap Cr 22,818.85 312,192.41 150,078.99 26,385.19 10,047.29
Revenue TTM Cr 1,354.93 42,839.56 8,242.02 12,417.90 1,468.31
Net Profit TTM Cr 429.11 2,378.34 393.69 -59.47 142.15
PE TTM 55.94 128.26 178.93 0.00 59.10
1 Year Return -27.18 38.37 205.04 16.52 47.21
ROCE 36.34 20.14 11.36 0.00 28.67
ROE 34.57 15.99 11.55 0.00 34.99
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,399.88 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,463.02 -9,686.18
LAST 3M 80,117.99 24,951.10
LAST 6M 139,103.06 73,773.67
LAST 12M 214,781.93 191,401.70

Vedant Fashions Ltd Information

Stock PE (TTM)
55.94
Promoter Holding
74.97%
Book Value
54.6753
ROCE
36.34%
ROE
34.57%
Description
  • Vedant Fashions Ltd was originally incorporated as Vedant Fashions Private Limited at Kolkata on 24 May 2002. Pursuant to a takeover agreement dated 01 June 2002, the business of a proprietorship firm by the name of "M/s Vedant Creation", which was being carried out by one of the individual Promoters the company namely Ravi Modi, was transferred to the Company as a going concern. Subsequently, the Company was converted into a public limited company, pursuant to the approval accorded by the Shareholders at their extra-ordinary general meeting held on 16 July 2021. Consequently, the name of the Company was changed to Vedant Fashions Limited on 25 August 2021. Vedanta Fashions is country`s largest manufacturer of Indian vending and ethnic wear for men. The company is primarily engaged in manufacturing and trading of readymade garments being men`s ethnic wear such as sherwanis, indo-western, kurtas, suits etc. and women`s ethnic wear such as lehanga, saree, suit, kurti etc and related accessories.The company markets its products under the brand name of Manyavar, Mohey, Mebaz, Twamev and Manthan. The MANYAVAR brand is a category leader in the branded Indian wedding and celebration wear market with a pan-India presence,The company offer a one-stop destination with a wide-spectrum of product offerings for every celebratory occasion and aim to deliver an aristocratic yet seamless purchase experience to the customers through its aesthetic franchisee-owned exclusive brand stores.The company also focused in the women`s Indian wedding and celebration wear market through its brand, Mohey, launched in 2015. On 16 December 2006,the company has allotted 5262800 equity shares of Rs 10 each as bonus shares to the shareholders in the ratio of 1:2. On 24 August 2017,the company has allotted 654237 equity shares of Rs 10 each at a premium of Rs 3429.12 per share to Rhine Holdings Limited on preferential basis. Pursuant to a shareholders` resolution dated 22 November 2017, the Company sub-divided its share capital by sub-dividing the face value of its equity shares from Rs 10 per equity share to Rs 2 per equity share. Accordingly, by virtue of such split, with effect from 22 November 2017. On 05 December 2017, the Company allotted 62557585 equity shares of Rs 2 each as Bonus Shares to the shareholders in the ratio of 1:1. In FY 2017-18, Rainbow Iron & Steel Private Limited (Transferor) was amalgamated with the Company (Transferee) through the Scheme of Arrangement effective from 20 November 2018. On 21 December 2018, the Company made the allotment of 964,225 Equity Shares to Ravi Modi (HUF) and 8,678,025 Equity Shares to Ravi Modi Family Trust (acting through its trustee, Modi Fiduciary Services Private Limited), through Scheme of Amalgamation. During February 2022,the company came out with an Rs 3149.19-crore public issue which was entirely an offer for sale(OFS) by promoters and investors.The IPO shares were allotted at the price of Rs 866 per share including a premium of Rs 865 per share.The allotted shares were listed on the BSE Ltd and National Stock Exchange of India Ltd(NSE) on 16 February 2022. As of, Mar 31, 2022, the Company had a retail footprint of 1.3 million square feet covering 583 EBOs (including shop-in-shops) spanning across 223 cities and towns in India, and 12 EBOs overseas across the United States, Canada, and the UAE. During FY 22-23, the number of Exclusive Brand Outlets (EBOs), increased and as of March 2023, the Company`s EBO area stood at 1.47 million square feet, spanning 649 stores (including SIS) in 257 cities and towns globally. The national EBO footprint tally was at 633 stores (including SIS), spread across 245 cities and towns.

Registered Address

Paridhan Garment Park A501-502, 19 Canal South Rd SDF-1 4th Fl, Kolkata, West Bengal, 700015

Tel : 91-33-61255495
Email : complianceofficer:manyavar.com
Website : http://www.vedantfashions.com
Registrar

KFin Techologies Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 543463
NSE Code : MANYAVAR
Book Closure Date (Month) : Aug
BSE Group : A
ISIN : INE825V01034

FAQ’s on Vedant Fashions Ltd Shares

You can buy Vedant Fashions Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Vedant Fashions Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 24, 2024 04:11 PM the closing price of Vedant Fashions Ltd was ₹ 939.55.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 24, 2024 04:11 PM, the market cap of Vedant Fashions Ltd stood at ₹ 22,818.85.

The latest PE ratio of Vedant Fashions Ltd as of Apr 24, 2024 04:11 PM is 55.94

The latest PB ratio of Vedant Fashions Ltd as of Apr 24, 2024 04:11 PM is 0.06

The 52-week high of Vedant Fashions Ltd share price is ₹ 1,487.90 while the 52-week low is ₹ 886.05

Download Our

Download App
market app