Vedant Fashions Limited

Consumer Cyclical IN MANYAVAR

400.55INR
2.05(0.51%)

Last update at 2026-06-04T06:48:00Z

Day Range

396.15404.30

LowHigh

52 Week Range

548.501208.04

LowHigh

Fundamentals

Previous Close 398.50
Market Cap134661.50M
Volume49759
P/E Ratio34.85
Dividend Yield-%
EBITDA4934.86M
Revenue TTM14230.59M
Revenue Per Share TTM58.56
Gross Profit TTM 10300.50M
Diluted EPS TTM15.89

Overview
Financials
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Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Type	yearly	yearly	yearly	yearly	yearly
Date	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Income before tax	5194.96M	5484.06M	5758.39M	4230.11M	1819.17M
Minority interest	-	-	-	-	-
Net income	3884.72M	4141.72M	4291.08M	3149.11M	1329.03M
Selling general administrative	1299.01M	1124.84M	77.52M	90.31M	65.22M
Selling and marketing expenses	821.01M	764.37M	769.11M	578.34M	315.40M
Gross profit	10173.70M	9857.71M	10029.94M	6942.27M	3762.96M
Reconciled depreciation	1530.61M	1348.54M	1037.85M	943.56M	955.29M
Ebit	4895.47M	5929.06M	6073.03M	4511.44M	2034.77M
Ebitda	6426.08M	7277.60M	7110.88M	5455.00M	2925.22M
Depreciation and amortization	1530.61M	1348.54M	1037.85M	943.56M	890.45M
Non operating income net other	-	-	-	-	-
Operating income	4987.49M	7989.76M	5716.44M	4015.29M	3225.33M
Other operating expenses	5814.91M	5685.56M	5299.33M	6383.06M	4149.24M
Interest expense	552.08M	445.00M	314.64M	284.25M	258.22M
Tax provision	1310.24M	1342.34M	1467.31M	1081.00M	490.14M
Interest income	263.66M	135.43M	88.62M	79.75M	136.97M
Net interest income	-552.08000M	-445.00000M	-314.64000M	-204.50000M	-121.25000M
Extraordinary items	-	-	-	-	-
Non recurring	-	-	-	-	-
Other items	-	-	-	-	-
Income tax expense	1310.24M	1342.34M	1467.31M	1081.00M	490.14M
Total revenue	13864.83M	13654.06M	13549.30M	10392.48M	5640.75M
Total operating expenses	597.99M	1889.21M	1788.95M	2932.85M	918.51M
Cost of revenue	3691.13M	3796.35M	3519.36M	3450.21M	1877.79M
Total other income expense net	207.47M	-2505.70000M	41.95M	220.69M	-1406.16000M
Discontinued operations	-	-	-	-	-
Net income from continuing ops	3884.72M	4141.72M	4291.08M	3149.11M	1329.03M
Net income applicable to common shares	-	-	-	3149.11M	1329.03M
Preferred stock and other adjustments	-	-	-	-	-

Breakdown	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Type	yearly	yearly	yearly	yearly	yearly
Date	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Total assets	27465.75M	25087.56M	21660.16M	17697.57M	16256.53M
Intangible assets	1509.48M	1513.07M	1544.82M	1576.18M	1604.03M
Earning assets	-	-	-	-	-
Other current assets	597.02M	626.16M	462.95M	296.47M	263.10M
Total liab	9602.65M	9068.76M	7661.36M	6870.15M	5342.43M
Total stockholder equity	17863.10M	16018.80M	13998.80M	10827.42M	10914.10M
Deferred long term liab	-	-	-	-	-
Other current liab	145.94M	1660.02M	1719.63M	859.44M	739.39M
Common stock	242.94M	242.87M	242.78M	242.70M	247.87M
Capital stock	242.94M	242.87M	242.78M	242.70M	247.87M
Retained earnings	17182.41M	15526.31M	13568.03M	10454.09M	9322.39M
Other liab	-	-	-	1503.54M	1348.73M
Good will	157.11M	157.11M	157.11M	157.11M	157.11M
Other assets	-	-	1361.27M	1207.04M	1112.02M
Cash	172.30M	216.97M	97.45M	36.09M	66.10M
Cash and equivalents	-	-	-	-	-
Total current liabilities	4003.48M	3728.51M	3966.66M	3432.13M	2597.18M
Current deferred revenue	-	63.48M	412.71M	990.03M	651.64M
Net debt	4656.64M	4227.22M	2836.36M	2750.91M	2037.64M
Short term debt	2834.12M	1114.22M	975.50M	852.52M	707.22M
Short long term debt	-	-	-	-	0.00000M
Short long term debt total	4828.94M	4444.19M	2933.81M	2787.00M	2103.74M
Other stockholder equity	349.59M	150.38M	-13810.81000M	-10696.79000M	-9570.26000M
Property plant equipment	-	-	-	3413.74M	2831.93M
Total current assets	16063.42M	13917.57M	13377.82M	10339.95M	9751.29M
Long term investments	-	-	-	-	-
Net tangible assets	-	-	-	9094.13M	9152.96M
Short term investments	7088.31M	6042.93M	6346.53M	4282.00M	4681.29M
Net receivables	6186.12M	5645.21M	4734.43M	4295.39M	3728.44M
Long term debt	-	-	-	-	-
Inventory	2019.67M	1386.30M	1736.46M	1430.00M	1012.36M
Accounts payable	1023.42M	890.79M	858.82M	730.14M	498.93M
Total permanent equity	-	-	-	-	-
Noncontrolling interest in consolidated entity	-	-	-	-	-
Temporary equity redeemable noncontrolling interests	-	-	-	-	-
Accumulated other comprehensive income	88.16M	99.24M	-	-	-
Additional paid in capital	-	-	-	-	-
Common stock total equity	-	-	-	-	-
Preferred stock total equity	-	-	-	-	-
Retained earnings total equity	-	-	-	-	-
Treasury stock	-	-	-	-	-
Accumulated amortization	-	-	-	-	-
Non currrent assets other	1101.91M	985.85M	1353.85M	572.89M	477.99M
Deferred long term asset charges	-	-	-	-	-
Non current assets total	11402.33M	11169.99M	8282.34M	7357.62M	6505.24M
Capital lease obligations	4828.94M	4444.19M	2933.81M	2787.00M	2103.74M
Long term debt total	-	-	-	-	-

Breakdown	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Type	yearly	yearly	yearly	yearly	yearly
Date	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Investments	-158.83000M	-1095.24000M	-2319.28000M	564.60M	-884.15000M
Change to liabilities	-	-	0.00000M	252.05M	-27.07000M
Total cashflows from investing activities	-158.83000M	-1095.24000M	-2319.28000M	564.60M	-884.15000M
Net borrowings	-	-	-	-614.89000M	-373.41000M
Total cash from financing activities	-3772.04000M	-3616.03000M	-2317.50000M	-4104.79000M	-1664.63000M
Change to operating activities	-	-	-	92.89M	114.46M
Net income	3884.72M	4141.72M	5758.39M	4230.11M	1819.17M
Change in cash	-44.86000M	119.52M	61.36M	-30.01000M	-22.56000M
Begin period cash flow	216.97M	97.45M	36.09M	66.10M	88.66M
End period cash flow	172.11M	216.97M	97.45M	36.09M	66.10M
Total cash from operating activities	3886.01M	4830.79M	4698.14M	3510.18M	2526.22M
Issuance of capital stock	22.61M	31.06M	14.57M	46.58M	0.00000M
Depreciation	1530.61M	1348.54M	1037.85M	943.56M	955.29M
Other cashflows from investing activities	256.25M	91.01M	-2274.52000M	222.74M	-759.16000M
Dividends paid	-2064.57000M	-2184.98000M	1213.52M	1213.52M	-
Change to inventory	-633.37000M	350.16M	-306.46000M	-417.65000M	196.22M
Change to account receivables	-553.00000M	-919.75000M	-778.02000M	-377.11000M	115.84M
Sale purchase of stock	-	-	0.00000M	-3313.31000M	-1084.41000M
Other cashflows from financing activities	-434.31000M	-337.29000M	-1118.55000M	-223.17000M	-206.81000M
Change to netincome	-	-	-	-132.67000M	-157.55000M
Capital expenditures	31.15M	40.22M	44.76M	22.60M	124.99M
Change receivables	-	-	-	-	-
Cash flows other operating	-	-	-	-	-
Exchange rate changes	-	-	-	-	-
Cash and cash equivalents changes	-	-	-	-	-
Change in working capital	-1314.68000M	-497.95000M	-569.13000M	-449.82000M	399.45M
Stock based compensation	5.59M	30.66M	42.87M	33.92M	8.68M
Other non cash items	-220.23000M	-192.18000M	210.33M	14.18M	-231.24000M
Free cash flow	3854.86M	4790.57M	4653.38M	3487.58M	2401.23M

Peer Comparison

Sector: Consumer Cyclical Industry: Apparel Manufacturing

Company	Change (INR)	Price (INR)	Trailing PE (x)	Forward PE (x)	Price Sales TTM (x)	Price to Book Value (x)	Enterprise Value to Revenue (x)	Enterprise Value to EBITDA (x)
MANYAVAR Vedant Fashions Limited	2.05 0.51%	400.55	34.85	-	9.46	7.96	9.64	18.77
PAGEIND Page Industries Limited	1015.00 2.70%	38580.00	50.65	90.91	7.73	28.01	7.85	33.23
ABFRL Aditya Birla Fashion and Retail Limited	0.84 1.39%	61.38	-	196.08	1.18	1.50	1.67	12.44
PGIL Pearl Global Industries Limited	43.40 2.65%	1678.70	28.29	-	1.54	5.80	1.61	17.61
ARVINDFASN Arvind Fashions Limited	-2.8 0.59%	474.40	-	-	1.33	6.62	1.57	11.61

Reports Covered

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Profile

Vedant Fashions Limited manufactures, trades, and sells wedding and celebration wear in India Nepal, the United States, Canada, the United Arab Emirates, the United Kingdom, and internationally. The company offers kurta sets, indo-western, sherwani sets, jackets, accessories, jodhpuris suits, and short kurtas for men; lehengas, sarees, stitched suits, crop top lehengas, gowns, and accessories for women; and kurta sets, jacket sets, indo-western outfits, child infant, child accessories, girls' ghagra choli, girls' gowns, and girls' frock for children. It provides its products under the Manyavar, Mohey, Twamev, Diwas, and Mebaz brands through franchised stores, multi-brand outlets, large format stores, and e-commerce. Vedant Fashions Limited was founded in 1999 and is headquartered in Kolkata, India.

Vedant Fashions Limited

Paridhan Garment Park, SDF-1, Kolkata, India, 700015

91 33 6125 5353
https://www.vedantfashions.com
Employees : 770

Key Executives

Name	Title	Year Born
Mr. Ravi Modi	Founder, Chairman & MD	1977
Mr. Rahul Murarka	Chief Financial Officer	1981
Mr. Navin Pareek	Company Sec. & Compliance Officer	1987
Ms. Shilpi Modi	Whole-time Director	1978
Mr. Ajay Modi	Chief Supply Chain Officer	1985
Mr. Siddhartha Saraf	Chief of Strategy & Investments	1985
Mr. Sushil Kumar Agarwal	Chief Information Officer	1975
Mr. Vedant Modi	Chief Marketing Officer	2000
Ms. Kanchan Banerjee	Chief HR Officer	1982
Mr. Amar Sethia	Chief Product Officer	1968

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