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Earnings Call

VTM Earnings Call: Key Takeaways

VTM Ltd reported 8% revenue growth for FY26 but saw PAT shrink 75% to ₹11cr due to US tariffs and raw material inflation. Strategy focuses on de-risking from US via Japan, Europe, and UK markets.

Highlights
Revenue growthAiming for 12-14% increase in FY27.
MarginsEBITDA margins compressed to 7.43%; targeting 10-12% sustainably.
Order book6.5 million units backlog; sales trend expected to rise 10-15%.
Demand visibilityStrong order backlog of 6.5 million as of May 31.
Management confidenceModerate; focused on operational efficiency and market diversification.

Growth

FY26 Revenue grew 8% YoY; PAT dropped to ₹11cr from high base. Volume growth was 15% in home textiles.

Outlook

Targeting 12-14% topline growth for FY27; EBITDA margin guidance set at 10-12%. Order backlog at 6.5 million units.

Risks

US tariffs (18% hit), 15% raw material inflation, and mark-to-market forex losses of ₹2.3cr.

Source

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

Read the document ↗

VTM Ltd: key numbers

Share price
₹41.53
Market cap
₹417.7 Cr
Revenue (annual)
₹372.0 Cr
Net profit (annual)
₹11.20 Cr
P/E (TTM)
49.0×Sector 55.7×
Promoter holding
75.00%+0.00% QoQ
FII holding
0.00%Current quarter

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

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VTM Ltd has filed its periodic shareholding pattern disclosure as of September 4, 2026, in compliance with SEBI regulations. This filing details the company's current ownership structure.