Vardhman Polytex Limited
Vardhman Polytex Limited manufactures and sells yarns and garments in India and internationally. The company operates through Textiles and Real Estate segments. It offers carded, combed, organic, BCI, and SUPIMA cotton yarns; cotton polyester yarns; and grey and dyed value-added yarns. Vardhman Polytex Limited was incorporated in 1980 and is based in Ludhiana, India.
Vardhman Polytex Limited (VARDMNPOLY) - Net Assets
Latest net assets as of September 2025: ₹-2.21 Billion INR
Based on the latest financial reports, Vardhman Polytex Limited (VARDMNPOLY) has net assets worth ₹-2.21 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹2.86 Billion) and total liabilities (₹5.07 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹-2.21 Billion |
| % of Total Assets | -77.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 59.81 |
Vardhman Polytex Limited - Net Assets Trend (2006–2025)
This chart illustrates how Vardhman Polytex Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vardhman Polytex Limited (2006–2025)
The table below shows the annual net assets of Vardhman Polytex Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹-2.27 Billion | +37.02% |
| 2024-03-31 | ₹-3.61 Billion | +0.35% |
| 2023-03-31 | ₹-3.62 Billion | +0.34% |
| 2022-03-31 | ₹-3.64 Billion | -4.33% |
| 2021-03-31 | ₹-3.48 Billion | -19.79% |
| 2020-03-31 | ₹-2.91 Billion | +25.79% |
| 2019-03-31 | ₹-3.92 Billion | -75.48% |
| 2018-03-31 | ₹-2.23 Billion | -335.92% |
| 2017-03-31 | ₹-512.48 Million | -180.45% |
| 2016-03-31 | ₹-182.74 Million | -164.34% |
| 2015-03-31 | ₹284.01 Million | -55.98% |
| 2014-03-31 | ₹645.18 Million | +35.09% |
| 2013-03-31 | ₹477.61 Million | +30.15% |
| 2012-03-31 | ₹366.97 Million | -73.64% |
| 2011-03-31 | ₹1.39 Billion | +42.92% |
| 2010-03-31 | ₹974.23 Million | -34.93% |
| 2009-03-31 | ₹1.50 Billion | -5.47% |
| 2008-03-31 | ₹1.58 Billion | -5.24% |
| 2007-03-31 | ₹1.67 Billion | +5.84% |
| 2006-03-31 | ₹1.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vardhman Polytex Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 570612300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹458.89 Million | % |
| Other Comprehensive Income | ₹1.12 Billion | % |
| Other Components | ₹1.85 Billion | % |
| Total Equity | ₹-2.27 Billion | 100.00% |
Vardhman Polytex Limited Competitors by Market Cap
The table below lists competitors of Vardhman Polytex Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bass Oil Ltd
AU:BAS
|
$9.10 Million |
|
Grupa Azoty Zaklady Azotowe Pulawy SA
WAR:ZAP
|
$9.10 Million |
|
The Byke Hospitality Ltd
NSE:BYKE
|
$9.10 Million |
|
Nordic Iron Ore
ST:NIO
|
$9.10 Million |
|
PCF GROUP SA ZY -02
F:6D1
|
$9.09 Million |
|
Broad Capital Acquisition Corp Unit
NASDAQ:BRACU
|
$9.09 Million |
|
Forsee Power SAS
PA:FORSE
|
$9.09 Million |
|
West International AB
ST:WPAY
|
$9.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vardhman Polytex Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -3,610,376,000 to -2,273,914,000, a change of 1,336,462,000.
- Net income of 149,240,000 contributed positively to equity growth.
- Share repurchases of 1,184,450,000 reduced equity.
- New share issuances of 1,184,450,000 increased equity.
- Other comprehensive income increased equity by 77,159,000.
- Other factors increased equity by 1,110,063,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹149.24 Million | +6.56% |
| Share Repurchases | ₹1.18 Billion | -52.09% |
| Share Issuances | ₹1.18 Billion | +52.09% |
| Other Comprehensive Income | ₹77.16 Million | +3.39% |
| Other Changes | ₹1.11 Billion | +48.82% |
| Total Change | ₹- | % |
Book Value vs Market Value Analysis
This analysis compares Vardhman Polytex Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹13.11 | ₹7.62 | x |
| 2007-03-31 | ₹13.07 | ₹7.62 | x |
| 2008-03-31 | ₹11.57 | ₹7.62 | x |
| 2009-03-31 | ₹12.43 | ₹7.62 | x |
| 2010-03-31 | ₹7.15 | ₹7.62 | x |
| 2011-03-31 | ₹7.24 | ₹7.62 | x |
| 2012-03-31 | ₹1.94 | ₹7.62 | x |
| 2013-03-31 | ₹2.59 | ₹7.62 | x |
| 2014-03-31 | ₹3.09 | ₹7.62 | x |
| 2015-03-31 | ₹1.20 | ₹7.62 | x |
| 2016-03-31 | ₹-0.72 | ₹7.62 | x |
| 2017-03-31 | ₹-2.03 | ₹7.62 | x |
| 2018-03-31 | ₹-8.84 | ₹7.62 | x |
| 2019-03-31 | ₹-15.51 | ₹7.62 | x |
| 2020-03-31 | ₹-11.51 | ₹7.62 | x |
| 2021-03-31 | ₹-13.79 | ₹7.62 | x |
| 2022-03-31 | ₹-14.39 | ₹7.62 | x |
| 2023-03-31 | ₹-14.34 | ₹7.62 | x |
| 2024-03-31 | ₹-14.61 | ₹7.62 | x |
| 2025-03-31 | ₹-6.43 | ₹7.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vardhman Polytex Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.24%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-23.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 5.65% | 3.10% | 0.70x | 2.59x | ₹-68.67 Million |
| 2007 | 8.92% | 3.65% | 0.72x | 3.38x | ₹-17.01 Million |
| 2008 | 2.19% | 0.82% | 0.45x | 5.86x | ₹-108.86 Million |
| 2009 | -5.16% | -1.80% | 0.65x | 4.43x | ₹-226.94 Million |
| 2010 | -53.26% | -8.22% | 0.78x | 8.26x | ₹-565.00 Million |
| 2011 | 12.19% | 2.02% | 0.93x | 6.51x | ₹29.15 Million |
| 2012 | -269.66% | -11.28% | 1.09x | 21.85x | ₹-999.93 Million |
| 2013 | -10.39% | -0.53% | 1.15x | 17.24x | ₹-97.37 Million |
| 2014 | -10.04% | -0.62% | 1.29x | 12.70x | ₹-129.31 Million |
| 2015 | -158.13% | -4.40% | 1.35x | 26.69x | ₹-477.52 Million |
| 2016 | 0.00% | -1.57% | 1.41x | 0.00x | ₹-131.84 Million |
| 2017 | 0.00% | -3.69% | 1.38x | 0.00x | ₹-283.27 Million |
| 2018 | 0.00% | -27.01% | 1.24x | 0.00x | ₹-1.49 Billion |
| 2019 | 0.00% | -9.13% | 2.50x | 0.00x | ₹-347.93 Million |
| 2020 | 0.00% | 18.16% | 1.79x | 0.00x | ₹1.31 Billion |
| 2021 | 0.00% | -11.15% | 1.66x | 0.00x | ₹-218.48 Million |
| 2022 | 0.00% | -1.68% | 2.85x | 0.00x | ₹208.00 Million |
| 2023 | 0.00% | 0.24% | 2.11x | 0.00x | ₹377.22 Million |
| 2024 | 0.00% | -7.22% | 1.34x | 0.00x | ₹93.44 Million |
| 2025 | 0.00% | 5.24% | 1.03x | 0.00x | ₹376.63 Million |
Industry Comparison
This section compares Vardhman Polytex Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-15,328,366,560
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vardhman Polytex Limited (VARDMNPOLY) | ₹-2.21 Billion | 5.65% | N/A | $9.09 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.56 Billion | 0.07% | 2.01x | $18.42 Million |
| Akshar Spintex Limited (AKSHAR) | $362.57 Million | 3.43% | 1.02x | $3.77 Million |
| Alok Industries Limited (ALOKINDS) | $-206.30 Billion | 0.00% | 0.00x | $179.15 Million |
| Alps Industries Limited (ALPSINDUS) | $2.04 Billion | 0.00% | 5.49x | $155.37K |
| Ambika Cotton Mills Limited (AMBIKCO) | $5.65 Billion | 12.02% | 0.11x | $40.48 Million |
| Arvind Limited (ARVIND) | $34.04 Billion | 11.88% | 1.03x | $623.55 Million |
| Axita Cotton Limited (AXITA) | $362.65 Million | 42.51% | 2.00x | $21.73 Million |
| AYM Syntex Limited (AYMSYNTEX) | $789.26 Million | 14.66% | 2.84x | $26.36 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.69 Billion | 3.12% | 2.99x | $11.94 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $4.51 Billion | -4.87% | 1.72x | $6.49 Million |