Vardhman Textiles Limited
Vardhman Textiles Limited, together with its subsidiaries, manufactures, purchases, and sells textiles and fibres in India and internationally. The company provides specialized greige and dyed yarns in cotton, polyester, acrylic, viscose, specialized fibers, and various blends; fabrics, such as piece dyed, yarn dyed, printed, fiber blends, weaved, and specialty finishes; acrylic fibers; and forma… Read more
Vardhman Textiles Limited (VTL) - Net Assets
Latest net assets as of September 2025: ₹102.23 Billion INR
Based on the latest financial reports, Vardhman Textiles Limited (VTL) has net assets worth ₹102.23 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 (₹131.53 Billion) and total liabilities (₹29.30 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 | ₹102.23 Billion |
| % of Total Assets | 77.72% |
| Annual Growth Rate | 13.09% |
| 5-Year Change | 50.83% |
| 10-Year Change | 136.26% |
| Growth Volatility | 8.05 |
Vardhman Textiles Limited - Net Assets Trend (2005–2025)
This chart illustrates how Vardhman Textiles 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 Textiles Limited (2005–2025)
The table below shows the annual net assets of Vardhman Textiles Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹99.66 Billion | +8.46% |
| 2024-03-31 | ₹91.88 Billion | +6.20% |
| 2023-03-31 | ₹86.52 Billion | +10.34% |
| 2022-03-31 | ₹78.41 Billion | +18.68% |
| 2021-03-31 | ₹66.07 Billion | +7.11% |
| 2020-03-31 | ₹61.69 Billion | +8.13% |
| 2019-03-31 | ₹57.05 Billion | +12.68% |
| 2018-03-31 | ₹50.62 Billion | +15.44% |
| 2017-03-31 | ₹43.85 Billion | +3.97% |
| 2016-03-31 | ₹42.18 Billion | +10.53% |
| 2015-03-31 | ₹38.16 Billion | +8.16% |
| 2014-03-31 | ₹35.28 Billion | +23.28% |
| 2013-03-31 | ₹28.62 Billion | +12.33% |
| 2012-03-31 | ₹25.48 Billion | -1.18% |
| 2011-03-31 | ₹25.78 Billion | +37.43% |
| 2010-03-31 | ₹18.76 Billion | +16.39% |
| 2009-03-31 | ₹16.12 Billion | +20.24% |
| 2008-03-31 | ₹13.41 Billion | +14.95% |
| 2007-03-31 | ₹11.66 Billion | +14.57% |
| 2006-03-31 | ₹10.18 Billion | +19.49% |
| 2005-03-31 | ₹8.52 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vardhman Textiles 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 grown by 19183.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹82.02 Billion | 82.88% |
| Common Stock | ₹569.00 Million | 0.57% |
| Other Comprehensive Income | ₹15.84 Billion | 16.01% |
| Other Components | ₹525.80 Million | 0.53% |
| Total Equity | ₹98.96 Billion | 100.00% |
Vardhman Textiles Limited Competitors by Market Cap
The table below lists competitors of Vardhman Textiles Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elmos Semiconductor SE
PINK:ELTTF
|
$634.53 Million |
|
Nanjing Xinlian Electronics Co Ltd
SHE:002546
|
$634.85 Million |
|
RaySearch Laboratories AB (publ)
PINK:RSLBF
|
$634.88 Million |
|
TRUWORTHS INTL RC-00015
F:IUE
|
$634.97 Million |
|
No Va Land Investment Group Corp
VN:NVL
|
$634.30 Million |
|
SeAH Bestee
KO:001430
|
$634.28 Million |
|
Galiano Gold Inc
NYSE MKT:GAU
|
$634.13 Million |
|
Lightwave Logic Inc
NASDAQ:LWLG
|
$634.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vardhman Textiles Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 91,001,300,000 to 98,960,200,000, a change of 7,958,900,000 (8.7%).
- Net income of 8,832,700,000 contributed positively to equity growth.
- Dividend payments of 1,184,400,000 reduced retained earnings.
- Other comprehensive income increased equity by 99,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹8.83 Billion | +8.93% |
| Dividends Paid | ₹1.18 Billion | -1.2% |
| Other Comprehensive Income | ₹99.80 Million | +0.1% |
| Other Changes | ₹210.80 Million | +0.21% |
| Total Change | ₹- | 8.75% |
Book Value vs Market Value Analysis
This analysis compares Vardhman Textiles 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
- Current price-to-book ratio: 1.59x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 42.47x to 1.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹13.04 | ₹553.85 | x |
| 2006-03-31 | ₹16.90 | ₹553.85 | x |
| 2007-03-31 | ₹22.25 | ₹553.85 | x |
| 2008-03-31 | ₹28.09 | ₹553.85 | x |
| 2009-03-31 | ₹36.67 | ₹553.85 | x |
| 2010-03-31 | ₹56.65 | ₹553.85 | x |
| 2011-03-31 | ₹79.60 | ₹553.85 | x |
| 2012-03-31 | ₹77.58 | ₹553.85 | x |
| 2013-03-31 | ₹80.18 | ₹553.85 | x |
| 2014-03-31 | ₹100.20 | ₹553.85 | x |
| 2015-03-31 | ₹107.98 | ₹553.85 | x |
| 2016-03-31 | ₹126.30 | ₹553.85 | x |
| 2017-03-31 | ₹142.04 | ₹553.85 | x |
| 2018-03-31 | ₹176.39 | ₹553.85 | x |
| 2019-03-31 | ₹196.19 | ₹553.85 | x |
| 2020-03-31 | ₹212.48 | ₹553.85 | x |
| 2021-03-31 | ₹227.45 | ₹553.85 | x |
| 2022-03-31 | ₹271.04 | ₹553.85 | x |
| 2023-03-31 | ₹300.96 | ₹553.85 | x |
| 2024-03-31 | ₹319.82 | ₹553.85 | x |
| 2025-03-31 | ₹347.82 | ₹553.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vardhman Textiles 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): 8.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.03%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.26x
- Recent ROE (8.93%) is below the historical average (14.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 15.91% | 7.05% | 1.02x | 2.21x | ₹497.96 Million |
| 2006 | 20.17% | 10.42% | 0.80x | 2.42x | ₹1.02 Billion |
| 2007 | 16.51% | 8.83% | 0.65x | 2.88x | ₹749.29 Million |
| 2008 | 10.93% | 5.78% | 0.57x | 3.33x | ₹117.55 Million |
| 2009 | 13.86% | 6.46% | 0.64x | 3.36x | ₹533.82 Million |
| 2010 | 18.85% | 9.02% | 0.66x | 3.17x | ₹1.42 Billion |
| 2011 | 25.07% | 12.84% | 0.72x | 2.70x | ₹3.41 Billion |
| 2012 | 7.63% | 3.63% | 0.78x | 2.70x | ₹-523.16 Million |
| 2013 | 14.22% | 7.17% | 0.73x | 2.71x | ₹1.06 Billion |
| 2014 | 22.94% | 11.65% | 0.78x | 2.51x | ₹4.05 Billion |
| 2015 | 11.86% | 5.90% | 0.92x | 2.19x | ₹626.81 Million |
| 2016 | 15.98% | 10.49% | 0.75x | 2.03x | ₹2.30 Billion |
| 2017 | 22.97% | 16.36% | 0.80x | 1.76x | ₹5.54 Billion |
| 2018 | 11.73% | 9.31% | 0.76x | 1.66x | ₹858.20 Million |
| 2019 | 13.07% | 10.62% | 0.76x | 1.61x | ₹1.72 Billion |
| 2020 | 9.55% | 8.57% | 0.72x | 1.55x | ₹-272.68 Million |
| 2021 | 6.40% | 6.75% | 0.64x | 1.49x | ₹-2.33 Billion |
| 2022 | 20.08% | 16.08% | 0.88x | 1.43x | ₹7.77 Billion |
| 2023 | 9.29% | 7.84% | 0.89x | 1.32x | ₹-611.84 Million |
| 2024 | 6.94% | 6.65% | 0.79x | 1.32x | ₹-2.78 Billion |
| 2025 | 8.93% | 9.03% | 0.79x | 1.26x | ₹-1.06 Billion |
Industry Comparison
This section compares Vardhman Textiles 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 Textiles Limited (VTL) | ₹102.23 Billion | 15.91% | 0.29x | $634.50 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 |