| Revenue growth | FY26 revenue grew 3.5%; retail sales hit ₹2,008cr milestone. |
|---|---|
| Margins | Maintained industry-leading gross margins at 65.7% and EBITDA at 44.3%. |
| Demand visibility | Positive outlook for wedding dates in June and October. |
| Management confidence | Balanced; cautious on expansion but optimistic on AI and store quality. |
Growth
Retail sales grew 7.8% in Q4; FY26 PAT rose 13% YoY. SSG remains low at 2.7% for the full year.
Outlook
Plans to scale Twamev brand and pilot Manyavar kurta-exclusive stores in high-traffic neighborhoods.
Risks
Subdued SSG and high real estate rentals in 'New India' markets are slowing physical store expansion targets.
Earnings Call filed with NSE, NSE: MANYAVAR. Summary written with AI assistance from 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.
More from Vedant Fashions Ltd
All →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.
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.
- Value
- ₹0.01 Cr
Vedant Fashions Management Change
Vedant Fashions Ltd announced the resignation of its Chief Financial Officer, Mr. Rahul Murarka, effective November 14, 2026.
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.
- Value
- ₹0.03 Cr
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.
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.