Company Vardhman Textiles Limited

Equities

VTL

INE825A01020

Textiles & Leather Goods

Market Closed - Bombay S.E. 03:30:50 26/04/2024 pm IST 5-day change 1st Jan Change
451.3 INR -2.07% Intraday chart for Vardhman Textiles Limited -1.57% +17.21%

Business Summary

Vardhman Textiles Limited is an India-based vertically integrated textile manufacturer. The Company is primarily in the business of manufacturing, purchase and sale of textiles. Its segments include Textiles and Acrylic Fibre. Its businesses include yarns, fabrics, acrylic fiber, garments, collections, and special steel. Its yarn products include specialty yarns, acrylic, fancy and hand-knitting yarns, dyed yarns, grey yarns and others. Its garment product includes 100% cotton, poly cotton, cotton stretch or cotton lycra, linen, cotton Tencel, Cotton viscose, and Melange. The Company produces 2,40,000 metric tons of yarn and 220 million meters of woven fabric. It produces a variety of steels in terms of type and size. The product range includes rounds, squares, peeled/drawn center-less ground bars of carbon steel, case-hardening steel, through hardening steel and others. Its subsidiaries include Vardhman Acrylics Limited and VTL Investments Limited.

Number of employees: 25,194

Sales per Business

INR in Million2022Weight2023Weight Delta
Textiles
97.1 %
93,861 97.5 % 98,408 97.1 % +4.84%
Fibre
2.9 %
2,362 2.5 % 2,967 2.9 % +25.59%

Sales per region

INR in Million2022Weight2023Weight Delta
India
57.0 %
49,512 51.5 % 57,811 57.0 % +16.76%
International
43.0 %
46,712 48.5 % 43,564 43.0 % -6.74%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 31/10/31
Chief Executive Officer 56 30/05/30
Chief Executive Officer 82 08/83/08
President 75 03/81/03
Director of Finance/CFO 55 01/90/01
Chief Operating Officer 63 24/93/24
Compliance Officer - 01/17/01
Director/Board Member 57 01/90/01
Corporate Officer/Principal - 05/89/05

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 82 08/83/08
Director/Board Member 86 26/80/26
Director/Board Member 57 01/90/01
Chief Executive Officer 56 30/05/30
Chief Executive Officer 56 31/10/31
Director/Board Member 70 -
Director/Board Member - 06/22/06
Director/Board Member 49 06/19/06
Director/Board Member - 22/22/22
Director/Board Member 68 29/22/29

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 289,174,800 102,629,948 ( 35.49 %) 0 35.49 %

Shareholders

NameEquities%Valuation
83,087,402 28.73 % 442 M ₹
Adinath Enterprises LLP
17.84 %
51,594,315 17.84 % 274 M ₹
Devakar Investment & Trading Co. Pvt Ltd.
10.96 %
31,687,790 10.96 % 169 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt)
8.707 %
25,179,106 8.707 % 134 M ₹
Bandhan Asset Management Co. Ltd.
3.551 %
10,268,918 3.551 % 55 M ₹
DSP Asset Managers Pvt. Ltd.
2.945 %
8,516,502 2.945 % 45 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt)
2.704 %
7,819,049 2.704 % 42 M ₹
VTL Investments Ltd.
1.612 %
4,661,745 1.612 % 25 M ₹
UTI Asset Management Co. Ltd. (Investment Management)
1.079 %
3,120,541 1.079 % 17 M ₹
2,987,955 1.033 % 16 M ₹

Holdings

NameEquities%Valuation
19,416,666 23.84% 49,378,329 $
56,851,144 70.74% 34,763,906 $

Company contact information

Vardhman Textiles Ltd.

Chandigarh Road

141010, Ludhiana

+91 16 1222 8943

http://www.vardhman.com
address Vardhman Textiles Limited(VTL)

Group companies

NameCategory and Sector
Apparel/Footwear
Textiles
Vardhman Nisshinbo Garments Co. Ltd.
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