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Earnings Call

Vedant Fashions Earnings Call: Key Takeaways

Vedant Fashions achieved a milestone ₹20 billion in FY26 retail sales, driven by core brand leadership and digital marketing success.

Why this was an Alfa AlertNot a filter event. Financials show steady growth in line with scale but no explicit beat of prior guidance.
Highlights
Revenue growthFY26 Revenue up 3.5% YoY; Q4 up 8.7% YoY.
MarginsStrong PAT margins at 26.2% for FY26; Gross Margin at 65.7%.
Demand visibilityDriven by wedding/celebration seasonality and theme-based marketing campaigns.
Management confidenceHigh, cited landmark milestone of ₹20bn retail sales.

Growth

FY26 revenue grew 3.5% to ₹14.36bn; Q4 PAT increased 13% YoY with margins expanding to 28.6%.

Outlook

Focusing on retail expansion (1.79mn sq. ft. reached), emerging brands growth, and up-selling initiatives.

Risks

Conventional market is unorganized; reliance on wedding seasonality and discretionary consumer spending.

Source

Earnings Call filed with NSE, NSE: MANYAVAR. Summary written with AI assistance from the document.

Read the document ↗

Vedant Fashions Ltd: key numbers

Share price
₹532.50
Market cap
₹12,939 Cr
Revenue (annual)
₹1,435 Cr
Net profit (annual)
₹375.5 Cr
P/E (TTM)
33.5×Sector 67.6×
Promoter holding
74.94%+0.00% QoQ
FII holding
7.95%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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18:26 IST BSE
Other Announcement

Vedant Fashions Other Announcement

Vedant Fashions informed exchanges that CRISIL ESG Ratings independently assigned 'Crisil ESG 61' and 'Crisil Core ESG 70' ratings to the company voluntarily.

23:56 IST NSE
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Vedant Fashions Legal & Regulatory

Vedant Fashions paid a compounding fee of ₹0.005 Crore to the Legal Metrology Department for a labelling violation. The company confirms no further financial impact.

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₹0.01 Cr
19:58 IST BSE
Management Change

Vedant Fashions Management Change

Vedant Fashions Ltd announced the resignation of its Chief Financial Officer, Mr. Rahul Murarka, effective November 14, 2026.

23:35 IST NSE
Legal & Regulatory

Vedant Fashions Legal & Regulatory

Vedant Fashions received a favourable GST Order-in-Appeal setting aside penalties of ₹2.73 Lakh. This order resolves an earlier tax demand dispute.

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₹0.03 Cr
21:50 IST NSE
Annual General Meeting

Vedant Fashions Annual General Meeting

Vedant Fashions will hold its 24th Annual General Meeting on September 28, 2026, to discuss financial statements, dividend declaration, and director appointments.

21:08 IST NSE
Management Change

Vedant Fashions Management Change

Vedant Fashions has appointed Mr. Nihir Parikh and Ms. Neetu Kashiramka as Non-Executive Independent Directors. Mr. Tarun Puri's tenure as an Independent Director is completing.