Vedant Fashions

₹1132 8.8 | 0.8%

WEBSITE BSE:543463 NSE : MANYAVAR 23 Mar, 15:40

Market Cap ₹27482 Cr.

Stock P/E 67.2

P/B 21.4

Current Price ₹1132

Book Value ₹ 52.9

Face Value 1

52W High ₹1501

Dividend Yield 0.44%

52W Low ₹ 898.8

Edit Ratio

Vedant Fashions Research see more...

Vedant Fashions Limited

Overview Inc. Year: 2002Industry: Textile

Vedant Fashions Ltd manufactures and trades in wedding ceremony and celebration wear in India and the all over the world. The organization's products consist of men's ethnic and celebration wear items, such as Indo-western, sherwanis, and kurtas; jackets and accessories comprising jutti, safa, and mala; and women's ethnic and party wear apparel which include lehengas, sarees, stitched suits, gowns, and kurtis. It offers its merchandise under the Manyavar, Twamev, Manthan, Mohey and Mebaz brands. The agency sells its products thru a network of franchise-owned special brand stores, multi-brand shops, and large layout shops; and online systems, including its website, www.Manyavar.Com and mobile utility. Vedant Fashions Limited was established in 2002 and is headquartered in Kolkata, India.

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Vedant Fashions Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022
Net Sales	385	296	325	247	441
Other Income	11	11	7	10	10
Total Income	396	307	332	257	451
Total Expenditure	193	152	162	131	217
Operating Profit	203	155	170	125	234
Interest	8	9	8	8	7
Depreciation	24	27	26	25	25
Exceptional Income / Expenses	0	0	0	0	0
Profit Before Tax	171	120	136	93	202
Provision for Tax	43	31	35	24	52
Profit After Tax	128	89	101	69	150
Adjustments	0	0	0	0	0
Profit After Adjustments	128	89	101	69	150
Adjusted Earnings Per Share	5.3	3.7	4.2	2.8	6.2

Vedant Fashions Profit & Loss

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Net Sales	504	599	758	801	916	565	1041	1309
Other Income	2	3	11	19	32	60	50	38
Total Income	506	602	769	820	948	625	1091	1347
Total Expenditure	354	426	526	527	522	322	545	662
Operating Profit	152	176	242	293	426	303	546	684
Interest	6	5	6	4	26	26	28	32
Depreciation	7	8	10	9	89	96	94	103
Exceptional Income / Expenses	0	0	0	0	0	0	0	0
Profit Before Tax	139	164	226	280	312	182	423	551
Provision for Tax	49	58	79	98	75	49	108	142
Profit After Tax	90	106	148	182	237	133	315	409
Adjustments	0	0	0	0	0	0	0	0
Profit After Adjustments	90	106	148	182	237	133	315	409
Adjusted Earnings Per Share	0	0	0	0	0	5.4	13	16.9

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	84%	9%	12%	0%
Operating Profit CAGR	80%	23%	25%	0%
PAT CAGR	137%	20%	24%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	21%	NA%	NA%	NA%
ROE Average	29%	22%	23%	28%
ROCE Average	42%	31%	34%	40%

Vedant Fashions Balance Sheet

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Shareholder's Funds	233	329	705	889	1066	1091	1083
Minority's Interest	0	0	0	0	0	0	0
Borrowings	0	45	50	63	0	0	0
Other Non-Current Liabilities	63	18	36	53	293	568	640
Total Current Liabilities	67	90	148	141	232	379	564
Total Liabilities	362	482	939	1146	1591	2038	2287
Fixed Assets	104	141	316	253	507	459	515
Other Non-Current Assets	61	40	35	134	153	485	517
Total Current Assets	197	300	587	759	931	1094	1255
Total Assets	362	482	939	1146	1591	2038	2287

Vedant Fashions Cash Flow

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Opening Cash & Cash Equivalents	2	1	5	1	2	9	7
Cash Flow from Operating Activities	86	37	52	177	243	253	351
Cash Flow from Investing Activities	-24	-22	-279	-163	-96	-88	56
Cash Flow from Financing Activities	-62	-16	224	-13	-141	-166	-410
Net Cash Inflow / Outflow	-0	-0	-3	1	7	-2	-3
Closing Cash & Cash Equivalent	1	1	1	2	9	7	4

Vedant Fashions Ratios

#	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Earnings Per Share (Rs)	0	0	6.4	7.27	9.45	5.36	12.98
CEPS(Rs)	20.56	23.95	6.82	7.62	12.99	9.22	16.86
DPS(Rs)	0	0	0	0	0	0	5
Book NAV/Share(Rs)	0	0	30.5	35.48	42.56	43.89	44.44
Core EBITDA Margin(%)	29.83	28.89	30.51	34.17	43.01	43.03	47.64
EBIT Margin(%)	28.75	28.11	30.62	35.48	36.86	36.78	43.37
Pre Tax Margin(%)	27.56	27.27	29.83	34.94	34.06	32.21	40.64
PAT Margin (%)	17.87	17.65	19.48	22.75	25.85	23.53	30.26
Cash Profit Margin (%)	19.33	18.91	20.75	23.82	35.54	40.44	39.32
ROA(%)	24.9	25.11	20.82	17.48	17.29	7.32	14.56
ROE(%)	38.7	37.72	28.6	22.86	24.21	12.34	29.07
ROCE(%)	56.92	52.98	40.43	33.04	33.44	19.26	41.53
Receivable days	77.57	89.85	121.41	147.99	140.49	236.94	132.9
Inventory Days	62.13	55.67	44.89	41.1	42.22	71.76	42.82
Payable days	125.66	89.69	61.04	89.86	80.43	134.34	89.99
PER(x)	0	0	0	0	0	0	74.4
Price/Book(x)	0	0	0	0	0	0	21.73
Dividend Yield(%)	0	0	0	0	0	0	0.52
EV/Net Sales(x)	0.06	0.11	0.11	-0.04	-0.05	0.03	22.51
EV/Core EBITDA(x)	0.21	0.36	0.33	-0.11	-0.1	0.06	42.92
Net Sales Growth(%)	0	18.86	26.48	5.63	14.34	-38.31	84.28
EBIT Growth(%)	0	16.45	37.7	22.19	18.78	-38.44	117.31
PAT Growth(%)	0	17.6	39.48	23.18	29.9	-43.84	136.95
EPS Growth(%)	0	0	-71.38	13.69	29.9	-43.25	142
Debt/Equity(x)	0.09	0.16	0.09	0.07	0	0	0
Current Ratio(x)	2.96	3.35	3.98	5.39	4.02	2.89	2.22
Quick Ratio(x)	1.67	2.26	3.37	4.75	3.5	2.62	1.97
Interest Cover(x)	24.3	33.35	38.49	65.31	13.18	8.05	15.88
Total Debt/Mcap(x)	0	0	0	0	0	0	0

Vedant Fashions Shareholding Pattern

#	Sep 2014	Sep 2015	Sep 2016	Sep 2017	Sep 2018	Sep 2019	Mar 2022	Jun 2022	Sep 2022	Dec 2022
Promoter	17	55.87	55.87	4	90.7	74.67	84.91	84.91	84.91	84.89
FII	0	0	0	0	0	0	3.46	3.35	3.35	3.41
DII	0	0	0	0	0	0	9.88	9.94	9.74	9.71
Public	83	44.13	44.13	96	9.3	25.33	1.75	1.81	2	1.99
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Sep 2014	Sep 2015	Sep 2016	Sep 2017	Sep 2018	Sep 2019	Mar 2022	Jun 2022	Sep 2022	Dec 2022
Promoter	0.2	0.66	0.66	0.05	11.35	9.35	20.61	20.61	20.61	20.61
FII	0	0	0	0	0	0	0.84	0.81	0.81	0.83
DII	0	0	0	0	0	0	2.4	2.41	2.36	2.36
Public	0.98	0.52	0.52	1.14	1.16	3.17	0.42	0.44	0.49	0.48
Others	0	0	0	0	0	0	0	0	0	0
Total	1.19	1.19	1.19	1.19	12.51	12.52	24.27	24.27	24.27	24.28