Vardhman Holdings

₹3,476As of Sun 8 Nov 2026, 12:00 UTC

NSE:VHLFinancials

Country India

PE (Fwd) 120.2

TSR 10Y CAGR 5.61%

Div yield 0.14%

ROE —

Asset Management

Beta (5Y) 0.23

PE TTM 5.136

TSR TTM (16.16%)

Mkt cap ₹11.20B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹3,847

10.68%

(93.62%)

Price above Reference Value

FY23

FY24

FY25

FY26

Earnings per share₹

715.75

579.28

808.40

676.83

(46.76%)

(19.07%)

39.55%

(16.28%)

Revenue₹M

77.46

173.1

246.1

140.8

(77.82%)

123.45%

42.15%

(42.79%)

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

140.8

Revenue₹M

—

349.3

77.46

173.1

246.1

140.8

110.7

(20.32%)

(42.79)

Revenue growth%

—

(77.82)

123.45

42.15

(42.79)

(21.36)

(0.32)

—

100.00

Gross margin%

—

100.00

85.66

Operating margin%

—

91.23

43.73

74.99

74.92

85.66

84.17

74.99

1534.57

Net margin%

—

1228.53

2948.93

1068.10

1048.58

1534.57

100.00

1228.53

100

5.136

P/E ratio (avg)x

—

2.444

4.200

5.194

5.133

5.577

100.2

5.133

92.01

EV/EBITx

—

32.91

283.2

73.98

71.84

99.92

119.1

73.98

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

676.83

EPS₹

—

1,344

715.75

579.28

808.40

676.83

34.68

(15.77%)

—

(16.28)

EPS growth%

—

(46.76)

(19.07)

39.55

(16.28)

(94.88)

(17.67)

—

Bookvalue per sh₹

—

FCF per share₹

—

5.00

Dividend per sh₹

—

5.00

5.13

—

0.14

Div yield (avg)%

—

0.15

0.17

0.12

0.13

0.15

0.74

Payout ratio%

—

0.37

0.70

0.86

0.62

0.74

14.80

0.70

3.192

Shares (diluted)M

—

3.192

◌3.192

—

Buyback yield%

—

◌—

—

D/E ratiox

—

11.09

Enterprise value₹B

—

10.48

9.593

9.603

13.24

12.05

11.09

3.54%

—

LT debt₹M

—

Peers (US$114.9M)

Cap (US$)

Jindal Photo Limited

119.7M

—

Jindal Poly Investment…

103.3M

1.196x

STEL Holdings Limited

99.13M

29.26x

PT Victoria Investama…

116.0M

12.60x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

249.6

Own earn%

—

Sh yield%

0.14

0.15

Owners

Insiders/Inst%

11.16

1.97

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

5/5

Revenue growth years

2/4

EPS growth years

1/4

Dividend streakyrs

Op margin range%

44–91

$1 testx

—

Incr. ROIC%

—

Vardhman Holdings Limited operates as a non-banking financial company in India. It primarily engages in investing activities. The company was formerly known as Vardhman Spinning and General Mills Limited and changed its name to Vardhman Holdings Limited in March 2006. Vardhman Holdings Limited was incorporated in 1962 and is based in Ludhiana, India.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹140.8M

(20.32%)

1.00×

Operating expenses

₹20.19M

(9.90%)

1.63×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m