In Week of Mar 28, 2026, Vardhman Textiles Ltd (Textiles - Spinning) is outperforming Nifty 500 with +29.6% relative strength. Fundamentals: Weak. On a 8-week streak.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Based on Q3 FY26 earnings • Updated Feb 22, 2026
What: 18M meters synthetic woven fabric capacity coming online in Q4 FY26
Impact: +₹150 Cr revenue
“Capacity Addition: 18 million meters annually. Expected commercial production by Q4 FY26 - Investor Presentation”
What: Targeting 49-50% green power usage by FY27 reducing energy costs
“Targeting 49-50% green power usage by FY27 - Management Commentary”
What: Garment capacity doubling from 6,000-7,000 shirts/day
Impact: +₹50 Cr revenue
“Plan to double garment division capacity; expansion is small relative to company size - Management”
Earnings deceleration risks from management commentary
Trigger: Cotton prices remain elevated
Impact: -200 bps margin impact
Management view: Margin improvement unlikely unless raw material prices align with global parity - Management
Monitor: Indian vs global cotton price spread
Trigger: Inventory continues to rise
Impact: -50 bps margin impact
Management view: Inventory could be a little more than the last year - Neeraj Jain
Monitor: Inventory days
Trigger: Tariff barriers persist
Impact: -75 bps margin impact
Management view: Quarter 3 saw pressure due to tariff-related disruptions - Management
Monitor: Export order book
Key quotes from recent conference calls
“Yarn utilization was at around 95% and fabric utilization was at about 89%, 90%. — Sagrika Vir”
“Margin improvement unlikely unless raw material prices align with global parity; further industry capacity closures expected if situation persists — Management”
“Domestic demand remains soft, while exports showed selective improvement, largely driven by price competitiveness for those with imported cotton — Management”
“Focus continues to be on disciplined capacity utilization, selective price recovery and increasing value-added yarns — Management”
Forward-looking targets from management for Next 2-4 quarters
Capex Plan
₹3535 Cr
Key Milestones
• Vardhman Performance Fabric plant commercial production by Q4 FY26
• Green power transition completion by FY27
• Garment capacity doubling completion in ~8 months
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +2% | +1% | Stable |
| PAT (Net Profit) | -21% | -17% | Inflection Down |
| OPM | 11.0% | -200 bps | Stable |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Vardhman Textiles Ltd's latest quarterly results (Dec 2025) show
Vardhman Textiles Ltd's profit is declining with an inflecting downward trend.
Vardhman Textiles Ltd's revenue growth trend is stable.
Vardhman Textiles Ltd's operating margin is stable.
Vardhman Textiles Ltd's long-term compounding rates
Vardhman Textiles Ltd's earnings growth is inflecting downward with negative momentum on a sequential basis.
Vardhman Textiles Ltd's trailing twelve month (TTM) performance
Vardhman Textiles Ltd appears significantly overvalued based on our fair value analysis.
Vardhman Textiles Ltd's current PE ratio is 19.1x.
Vardhman Textiles Ltd's current PE is 19.1x.
Vardhman Textiles Ltd's price-to-book ratio is 1.5x.
Vardhman Textiles Ltd is rated Weak with a fundamental score of 30.33/100. This score is calculated from objective financial metrics
Vardhman Textiles Ltd has a debt-to-equity ratio of N/A.
Vardhman Textiles Ltd's return ratios over recent years
Vardhman Textiles Ltd's operating cash flow is positive (FY2025).
Vardhman Textiles Ltd's current dividend yield is 0.95%.
Vardhman Textiles Ltd's shareholding pattern (Dec 2025)
Vardhman Textiles Ltd's promoter holding has increased recently.
Vardhman Textiles Ltd has been outperforming Nifty 500 for 8 consecutive weeks, indicating consistent outperformance.
Vardhman Textiles Ltd is an established outperformer with 8 weeks of consecutive Nifty 500 outperformance.
Vardhman Textiles Ltd has 3 key growth catalysts identified from recent earnings analysis
Vardhman Textiles Ltd has 3 key risks worth monitoring
In Q3 FY26, Vardhman Textiles Ltd's management highlighted
Vardhman Textiles Ltd's management has provided the following forward guidance for Next 2-4 quarters
Based on quantitative research signals, here is why Vardhman Textiles Ltd may be worth studying
Vardhman Textiles Ltd investment thesis summary:
Vardhman Textiles Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
