Vardhman Textiles Ltd dividend

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 ₹ 558.95 as of 26 Jul 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 Pr of Vardhman Textiles Ltd changed from ₹ 332.55 crore to ₹ 202.13 crore over 8 quarters. This represents a CAGR of -22.04% a1#

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.