Company VTM Limited

Equities

VTMLTD

INE222F01029

Textiles & Leather Goods

Market Closed - Bombay S.E. 03:30:55 26/04/2024 pm IST 5-day change 1st Jan Change
67.86 INR +1.12% Intraday chart for VTM Limited -3.40% +7.54%

Business Summary

VTM Limited is an India-based manufacturer of textile products. The Company is engaged in the manufacture of grey weaving requirements for both the export and domestic markets. The Company's product types include Square Inch Drills, Twills, Sateens, Piques, Jacquards and a range of Complex Dobbies. The Company's woven fabrics include Cambric, Voile, Feather Proof, Poplin, Pinpoint Oxford, Satin, Stripe Sateen, Check Sateen, Weft Str.Satin, Plain+Satin Stripe, H.B.Twill, Pique, 2/2 Twill, Percale (1/1), Percale (1/1) Pima, Grey Sheeting, Swiss Dot, Birds Eye and Yarn Dyed, among others. Its manufacturing unit is located at Virudhunagar in South India. The Company has approximately 258 looms in its manufacturing unit. It also has over 80 Sulzer machines, six Rapier leno looms, 163 Air jets and nine Jacquard machines to work in tandem to produce approximately 1.8million meters of fabric every month. It is also equipped with adequate equipment to cater to special fabric manufacturing.

Number of employees: 622

Sales per Business

INR in Million2022Weight2023Weight Delta
Cloth
97.8 %
1,863 96.2 % 2,040 97.8 % +9.51%
Yarn and Cloth Waste
0.8 %
33 1.7 % 18 0.8 % -46.43%
Incentive for Export Sales
0.8 %
19 1.0 % 18 0.8 % -6.47%
Duty Drawback
0.3 %
7 0.4 % 6 0.3 % -11.40%
Foreign Exchange Gain (Net)
0.2 %
8 0.4 % 5 0.2 % -40.98%
Stitching Charges
0.0 %
0 0.0 % 1 0.0 % +229.61%

Sales per region

INR in Million2022Weight2023Weight Delta
India
79.8 %
1,439 74.3 % 1,665 79.8 % +15.69%
International
20.2 %
498 25.7 % 422 20.2 % -15.28%

Managers

Managers TitleAgeSince
Chief Executive Officer 36 23/13/23
Director of Finance/CFO 58 30/20/30
Compliance Officer 33 14/23/14

Members of the board

Members of the board TitleAgeSince
Director/Board Member 72 01/84/01
Director/Board Member 50 25/22/25
Chief Executive Officer 36 23/13/23
Director/Board Member 62 -
Director/Board Member 81 15/15/15
Director/Board Member 53 26/21/26
Director/Board Member 44 26/21/26
Director/Board Member 71 -
Director/Board Member 61 28/22/28

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 40,227,600 6,951,817 ( 17.28 %) 0 17.28 %

Company contact information

VTM Ltd.

Sulakarai

626003, Virudhunagar

+91 45 2248 2595

http://www.vtmill.com
address VTM Limited(VTMLTD)