On consolidated basisQuarter ended June 2025 compared with Quarter ended June 2024.
Net sales (including other operating income) of Vardhman Textiles has increased 3.34% to Rs 2385.66 crore. Sales of Fibre segment has gone up 21.61% to Rs 69.38 crore (accounting for 2.88% of total sales). Sales of Textiles segment has gone up 3.17% to Rs 2,342.32 crore (accounting for 97.12% of total sales). Inter-segment sales rose Rs 18.77 crore to Rs 26.04 crore.
Profit before interest, tax and other unallocable items (PBIT) has slumped 4.47% to Rs 299.82 crore. PBIT of Fibre reported loss of Rs 0.86 crore compared to profit of Rs 2.37 crore. PBIT of Textiles segment fell 3.46% to Rs 300.68 crore (accounting for 100.29% of total PBIT).
PBIT margin of Fibre segment fell from 4.15% to 1.24%. PBIT margin of Textiles segment fell from 13.72% to 12.84%. Overall PBIT margin fell from 13.48% to 12.43%.
Operating profit margin has declined from 15.07% to 13.65%, leading to 6.41% decline in operating profit to Rs 325.70 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 55.67% to 55.83%. Purchase of finished goods cost rose from 0.09% to 0.54%. Employee cost increased from 8.85% to 9.00%. Other expenses rose from 21.34% to 21.44%.
Other income rose 6.48% to Rs 70.3 crore. PBIDT fell 4.35% to Rs 396 crore. Provision for interest rose 26.79% to Rs 22.53 crore.
PBDT fell 5.75% to Rs 373.47 crore. Provision for depreciation rose 12.82% to Rs 109.42 crore.
Profit before tax down 11.77% to Rs 264.05 crore. Share of profit/loss was 5.71% lower at Rs 12.06 crore. Provision for tax was expense of Rs 68.43 crore, compared to Rs 72.28 crore. Effective tax rate was 24.78% compared to 23.16%.
Minority interest decreased 59.84% to Rs 0.51 crore. Net profit attributable to owners of the company decreased 13.14% to Rs 207.17 crore.
Promoters' stake was 64.21% as of 30 June 2025 ,compared to 64.19% as of 30 June 2024 .
Full year results analysis.
Net sales (including other operating income) of Vardhman Textiles has increased 2.95% to Rs 9784.88 crore. Sales of Fibre segment has gone down 5.35% to Rs 281.57 crore (accounting for 2.85% of total sales). Sales of Textiles segment has gone up 3.10% to Rs 9,587.21 crore (accounting for 97.15% of total sales). Inter-segment sales came down from Rs 91.48 crore to Rs 83.90 crore.
Profit before interest, tax and other unallocable items (PBIT) has jumped 44.50% to Rs 1,147.64 crore. PBIT of Fibre segment fell 58.48% to Rs 3.99 crore (accounting for 0.35% of total PBIT). PBIT of Textiles segment rose 45.76% to Rs 1,143.65 crore (accounting for 99.65% of total PBIT).
PBIT margin of Fibre segment fell from 3.23% to 1.42%. PBIT margin of Textiles segment rose from 8.44% to 11.93%. Overall PBIT margin rose from 8.28% to 11.63%.
Operating profit margin has jumped from 10.24% to 12.91%, leading to 29.75% rise in operating profit to Rs 1,262.75 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 58.41% to 55.25%. Purchase of finished goods cost rose from 0.02% to 0.11%. Employee cost increased from 8.93% to 9.04%. Other expenses rose from 22.30% to 22.74%.
Other income rose 3.07% to Rs 335.96 crore. PBIDT rose 23.06% to Rs 1598.71 crore. Provision for interest fell 24.44% to Rs 77.28 crore. Loan funds declined from Rs 1,791.93 crore as of 31 March 2024 to Rs 1,238.66 crore as of 31 March 2025. Inventories declined from Rs 4,179.89 crore as of 31 March 2024 to Rs 3,761.48 crore as of 31 March 2025. Sundry debtors were higher at Rs 1,297.57 crore as of 31 March 2025 compared to Rs 1,220.26 crore as of 31 March 2024. Cash and bank balance rose to Rs 89.02 crore as of 31 March 2025 from Rs 87.79 crore as of 31 March 2024. Investments rose to Rs 1,843.59 crore as of 31 March 2025 from Rs 1,699.06 crore as of 31 March 2024 .
PBDT rose 27.12% to Rs 1521.43 crore. Provision for depreciation fell 0.91% to Rs 400.92 crore. Fixed assets increased to Rs 4,392.05 crore as of 31 March 2025 from Rs 3,827.35 crore as of 31 March 2024. Intangible assets increased from Rs 2.46 crore to Rs 10.28 crore.
Profit before tax grew 41.43% to Rs 1,120.51 crore. Share of profit/loss was 11.91% higher at Rs 47.73 crore. Provision for tax was expense of Rs 281.52 crore, compared to Rs 198.23 crore. Effective tax rate was 24.10% compared to 23.74%.
Minority interest decreased 32.49% to Rs 3.45 crore. Net profit attributable to owners of the company increased 39.85% to Rs 883.27 crore.
Equity capital stood at Rs 56.90 crore as of 31 March 2025 to Rs 56.90 crore as of 31 March 2024. Per share face Value remained same at Rs 2.00.
Promoters' stake was 64.22% as of 31 March 2025 ,compared to 64.13% as of 31 March 2024 .
Cash flow from operating activities has turned positive Rs 1,643.80 crore for year ended March 2025 from negative Rs 1,055.19 crore for year ended March 2024. Cash flow used in acquiring fixed assets during the year ended March 2025 stood at Rs 1,032.62 crore, compared to Rs 284.03 crore during the year ended March 2024.
Operational highlights:
Volume:
Q1FY2026:
The company produced 68639 metric tonnes of yarn in Q1FY2026 when compared to 67694 metric tonnes in Q1FY2025 and sold 65329 metric tonnes in Q1FY2026 as against 68684 metric tonnes in Q1FY2026.
The company produced 496 lac meters of grey fabric in Q1FY2026 when compared to 515 lac meters in Q1FY2025 and sold 497 lac meters in Q1FY2026 as against 513 lac meters in Q1FY2025
The company produced 410 lac meters of processed fabric in Q1FY2026 when compared to 421 lac meters in Q1FY2025 and sold 418 lac meters in Q1FY2026 as against 415 lac meters in Q1FY2025
| Vardhman Textiles : Consolidated Results |
| | Quarter ended | Year ended |
|---|
| Particulars | 202506 | 202406 | Var.(%) | 202503 | 202403 | Var.(%) |
|---|
| Net Sales (including other operating income) | 2,385.66 | 2,308.59 | 3.34 | 9,784.88 | 9,504.68 | 2.95 | | OPM (%) | 13.65 | 15.07 | -142 bps | 12.91 | 10.24 | 267 bps | | OP | 325.70 | 348.00 | -6.41 | 1,262.75 | 973.21 | 29.75 | | Other Inc. | 70.30 | 66.02 | 6.48 | 335.96 | 325.94 | 3.07 | | PBIDT | 396.00 | 414.02 | -4.35 | 1,598.71 | 1,299.15 | 23.06 | | Interest | 22.53 | 17.77 | 26.79 | 77.28 | 102.28 | -24.44 | | PBDT | 373.47 | 396.25 | -5.75 | 1,521.43 | 1,196.87 | 27.12 | | Depreciation | 109.42 | 96.99 | 12.82 | 400.92 | 404.59 | -0.91 | | PBT | 264.05 | 299.26 | -11.77 | 1120.51 | 792.28 | 41.43 | | Share of Profit/(Loss) from Associates | 12.06 | 12.79 | -5.71 | 47.73 | 42.65 | 11.91 | | PBT before EO | 276.11 | 312.05 | -11.52 | 1168.24 | 834.93 | 39.92 | | EO Income | 0 | 0 | - | 0 | 0 | - | | PBT after EO | 276.11 | 312.05 | -11.52 | 1168.24 | 834.93 | 39.92 | | Taxation | 68.43 | 72.28 | -5.33 | 281.52 | 198.23 | 42.02 | | PAT | 207.68 | 239.77 | -13.38 | 886.72 | 636.7 | 39.27 | | Minority Interest (MI) | 0.51 | 1.27 | -59.84 | 3.45 | 5.11 | -32.49 | | Net profit | 207.17 | 238.5 | -13.14 | 883.27 | 631.59 | 39.85 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 207.17 | 238.5 | -13.14 | 883.27 | 631.59 | 39.85 | | EPS (Rs)* | 7.16 | 8.25 | -13.14 | 30.54 | 21.84 | 39.85 | | | * EPS is on current equity of Rs 57.85 crore, Face value of Rs 2, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
|
| Vardhman Textiles : Consolidated Segment Results |
| | Quarter ended | Year ended |
|---|
| % of (Total) | 202506 | 202406 | Var.(%) | % of (Total) | 202503 | 202403 | Var.(%) |
|---|
| Sales | | Yarns | 0.00 | 0.00 | 0.00 | - | | Sewing Thread | 0.00 | 0.00 | 0.00 | - | | Fibre | 2.88 | 69.38 | 57.05 | 21.61 | 2.85 | 281.57 | 297.48 | -5.35 | | Textiles | 97.12 | 2,342.32 | 2,270.31 | 3.17 | 97.15 | 9,587.21 | 9,298.68 | 3.10 | | Total Reported Sales | 100.00 | 2,411.70 | 2,327.36 | 3.62 | 100.00 | 9,868.78 | 9,596.16 | 2.84 | | Less: Inter segment revenues | | 26.04 | 18.77 | 38.73 | | 83.90 | 91.48 | -8.29 | | Net Sales | 100.00 | 2,385.66 | 2,308.59 | 3.34 | 100.00 | 9,784.88 | 9,504.68 | 2.95 | | PBIT | | Yarns | 0.00 | 0.00 | 0.00 | - | | Sewing Thread | 0.00 | 0.00 | 0.00 | - | | Fibre | -0.29 | -0.86 | 2.37 | PL | 0.35 | 3.99 | 9.61 | -58.48 | | Textiles | 100.29 | 300.68 | 311.47 | -3.46 | 99.65 | 1,143.65 | 784.59 | 45.76 | | Total PBIT | 100.00 | 299.82 | 313.84 | -4.47 | 100.00 | 1,147.64 | 794.20 | 44.50 | | Less : Interest | | 22.53 | 17.77 | 26.79 | | 77.28 | 102.28 | -24.44 | | Add: Other un-allcoable | | -1.18 | 15.98 | PL | | 97.88 | 143.01 | -31.56 | | PBIT Margin(%) | | Yarns | | 0.00 | 0.00 | 0.00 | | Sewing Thread | | 0.00 | 0.00 | 0.00 | | Fibre | | -1.24 | 4.15 | -539.38 | | 1.42 | 3.23 | -181.34 | | Textiles | | 12.84 | 13.72 | -88.24 | | 11.93 | 8.44 | 349.13 | | PBT | 100.00 | 276.11 | 312.05 | -11.52 | 100.00 | 1,168.24 | 834.93 | 39.92 |
|
