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Vardhman Textiles Ltd dividend

Vardhman Textiles Ltd dividend

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Vardhman Textiles Ltd

NSE: VTL

DPS

3.5

Last updated : FY 2023

Key Highlights

    The Dividend per Share of Vardhman Textiles Ltd is ₹ 3.5 as of 2023 .a1#The Dividend Payout of Vardhman Textiles Ltd changed from 14.46 % on March 2019 to 13.51 % on March 2023 . This represents a CAGR of -1.35% over 5 years. a1#The Latest Trading Price of Vardhman Textiles Ltd is ₹ 462.2 as of 18 May 15:30 .a1#The Market Cap of Vardhman Textiles Ltd changed from ₹ 6200 crore on March 2019 to ₹ 8493 crore on March 2023 . This represents a CAGR of 6.49% over 5 years. a1#The Revenue of Vardhman Textiles Ltd changed from ₹ 2843 crore to ₹ 2540 crore over 8 quarters. This represents a CAGR of -5.48% a1#The EBITDA of Vardhman Textiles Ltd changed from ₹ 557.22 crore to ₹ 389.39 crore over 8 quarters. This represents a CAGR of -16.41% a1#The Net Profit of Vardhman Textiles Ltd changed from ₹ 332.55 crore to ₹ 202.13 crore over 8 quarters. This represents a CAGR of -22.04% a1#

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Share Price Vs Dividend Yield

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Fundamental Metrics

Market Cap

13,138 Cr

EPS

21.8

P/E Ratio (TTM) *

20.8

P/B Ratio (TTM) *

1.4

DTE *

0.2

ROE *

6.9

ROCE *

8.6

Dividend Yield *

1.19

DPS *

3.5

Dividend Payout *

13.51

Ann.Dividend % *

175

* All values are consolidated

* All values are consolidated

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Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1914
Mar '200
Mar '2127
Mar '2259
Mar '2314

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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Vardhman Textiles Ltd

NSE: VTL

PRICE

462.2

-0.30(-0.06%)

stock direction

Last updated : 18 May 15:30

SWOT Analysis Of Vardhman Textiles Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Vardhman Textiles Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Dividend Overview for Vardhman Textiles Ltd

  • Vardhman Textiles Ltd, boasts of a market capitalization of Rs 13139 Cr., with a share price of Rs 462.20 as of 18 May 15:30. While all stocks don't consistently pay dividends, Vardhman Textiles Ltd rewarded its shareholders, distributing 13.5 % for the full year.
  • In the year ending 2022, Vardhman Textiles Ltd declared a dividend of Rs 34, resulting in a dividend yield of 7.8% Assessing its dividend-paying capacity and valuation is crucial to determine its suitability as a dividend stock.
  • During the year ending 2023, Vardhman Textiles Ltd recorded revenues of Rs 9505 Cr, with a trailing EBITDA Margin of 14.1% and net-profit of Rs 632 Cr

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '196201
Mar '203599
Mar '217484
Mar '2212581
Mar '238493

* All values are a in crore

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Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '222843
Sep '222510
Dec '222447
Mar '222569
Jun '232421
Sep '232496
Dec '232416
Mar '232541

* All values are a in crore

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EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22557
Sep '22399
Dec '22255
Mar '22345
Jun '23319
Sep '23304
Dec '23330
Mar '23389

* All values are a in crore

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Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '22333
Sep '22207
Dec '22105
Mar '22160
Jun '23137
Sep '23136
Dec '23162
Mar '23202

* All values are a in crore

About Vardhman Textiles Ltd

About Vardhman Textiles Ltd

    Vardhman Textiles Limited (formerly Mahavir Spinning Mills Limited) was incorporated on October 8, 1973. Yarn constitutes the largest business for Vardhman Textiles with over 1,00,000 spindles and has a capacity to manufacture over 670 MT of yarn per day. In 1965, the Vardhman Group started its first manufacturing unit at Ludhiana in the State of Punjab with 6000 spindles. During the year 2001-2002, the company further increased installed capacity of Spindles from 213,496 Nos to 243,640 Nos. 10/- each of the company from the shareholders of the company on proportionate basis through a Tender offer. The company earlier was holding 89.44% shares of VMT and with this purchase VMT has become its 100% subsidiary.

Vardhman Textiles Ltd News Hub

News

Board of Vardhman Textiles recommends final dividend

Vardhman Textiles announced that the Board of Directors of the Company at its meeting held...

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09 May 2024 14:56

News

Board of Vardhman Textiles approves capex of Rs 2,000 cr for capacity addition and green power generation

The Board of Vardhman Textiles at its meeting held on 09 April 2024 has approved the enhan...

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09 May 2024 15:25

News

Vardhman Textiles to table results

Vardhman Textiles will hold a meeting of the Board of Directors of the Company on 9 May 20...

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03 May 2024 18:32

News

Vardhman Textiles to declare Quarterly Result

Vardhman Textiles will hold a meeting of the Board of Directors of the Company on 24 Janua...

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19 Jan 2024 10:55

News

Vardhman Textiles announces cessation of director

Vardhman Textiles announced that Dr. Parampal Singh (DIN: o7995388) will cease to be an In...

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27 Nov 2023 19:38

News

Volumes soar at Vardhman Textiles Ltd counter

K P R Mill Ltd, New India Assurance Company Ltd, Lloyds Metals & Energy Ltd, KIOCL Ltd are...

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22 Nov 2023 11:00

FAQs for dividends of Vardhman Textiles Ltd

What is the current market price of Vardhman Textiles Ltd Ltd as of May 18, 2024?

The current market price of Vardhman Textiles Ltd Ltd stands at 462.2 per share.

What dividend did Vardhman Textiles Ltd declare in the last fiscal year?

In the last fiscal year, Vardhman Textiles Ltd declared a dividend totaling ₹4.0.

What is the most recent dividend declared by Vardhman Textiles Ltd?

Vardhman Textiles Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Vardhman Textiles Ltd declared dividends in the current fiscal year

Vardhman Textiles Ltd has declared dividends 4 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did Vardhman Textiles Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Vardhman Textiles Ltd declared dividends 4 times totaling ₹0.
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