ALFA Finder| Revenue growth | Improved numbers reported in absolute terms for Q1 FY27. |
|---|---|
| Margins | Spinning margins strong; fabric margins pressured by raw material price lags. |
| Order book | Yarn sold out for 3 months; domestic orders roughly 45 days. |
| Demand visibility | Strong yarn demand from China; fabric demand recovery expected in 3 months. |
| Management confidence | Balanced confidence despite textile cycle volatility and segment-specific laggards. |
Growth
Spinning utilization is full with margins supported by global cotton price stabilization and China demand.
Outlook
Ongoing ₹3600 Cr capex with new Dhar site operational starting December 2026.
Risks
Fabric segment lagging due to missed US sampling season and unabsorbed fixed costs.
Last quarter's promises, checked
Delivered
- Modernization completion target 90% → 90% modernization completed (= BEAT)
- Export revenue share target 44-45% → 44-45% maintained (= BEAT)
- Synthetic fabric plant commissioning → Plant commissioned in FY26 (= BEAT)
Partly delivered
- Green power/biomass projects Q1-Q2 FY27 → Ongoing/launched in Q1 (= PARTIAL)
Missed
- Fabric capacity utilization → 15-20% on new lines due to US tariff cycles (= MISS)
Earnings Call Transcript filed with NSE, NSE: VTL. Summary written with AI assistance from the document.
Vardhman Textiles Ltd: key numbers
- Share price
- ₹524.05
- Market cap
- ₹15,175 Cr
- Revenue (annual)
- ₹9,869 Cr
- Net profit (annual)
- ₹745.2 Cr
- P/E (TTM)
- 14.9×Sector 48.2×
- Promoter holding
- 65.06%-0.02% QoQ
- FII holding
- 6.43%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Vardhman Textiles Ltd
All →Vardhman Textiles Earnings Call Transcript: Key Takeaways
Q2 FY27 yarn improved on pricing and cotton trading gains; fabric declined on weak exports and ~20% input cost inflation. Outlook is hedged and unquantified, hinging on US sentiment recovery.
Vardhman Textiles Management Change
Vardhman Textiles appointed Ravi Chauhan as Executive Vice-President effective 6 November 2026. He has over 22 years of association with the Vardhman Group.
Vardhman Textiles Q2 FY27 Results: Net Profit ₹358.8 Cr, Up 91.1% YoY
Vardhman Textiles Ltd reported revenue from operations of ₹2,866 Cr (+15.5% YoY) and net profit of ₹358.8 Cr (+91.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹358.8 Cr · +91.1% YoY
Vardhman Textiles Board Meeting Date
Vardhman Textiles scheduled its Board meeting for 6 November 2026. The agenda includes approval of un-audited financial results for the half-year ended 30 September 2026.
Vardhman Textiles Other Announcement
Vardhman Textiles Limited has submitted its Regulation 74(5) compliance report, confirming the dematerialization of 7,800 equity shares during the month of September 2026.
Vardhman Textiles Acquisition Worth ₹41.85 Cr
Vardhman Textiles approved a Rs. 41.85 Crore investment for a 26% stake in Serentica Renewables India 32. This captive power project includes 80 MW of wind and solar capacity.
- Value
- ₹41.85 Cr
- renewable power capacity
- 80.0 MW