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Vardhman Holdings share price today

Vardhman Holdings Ltd · NSE: VHL · Finance - Holding Company · price as of the 4 November 2026 close, updated every trading day · results updated weekly

Vardhman Holdings share price today: ₹3,449.30 at the NSE close on 4 November 2026, down 10.6% in a year. Vardhman Holdings (NSE: VHL) is worth ₹1,100 crore, trades at a P/BV of 0.3 and has closed between ₹3,071.10 and ₹3,858.70 over the past 52 weeks. Latest change: revenue grew again in the June 2026 quarter.

₹3,449.30Price −10.6% in a year
0.3×P/BV lower than 83% of the last 9.2 years
₹11.0 CrRevenue (Jun 2026) +266.7% on a year ago
₹98.0 CrProfit (Jun 2026) +55.6% on a year ago
890.9%Net margin −1,209.1 points on a year ago
6%ROE FY26

Vardhman Holdings Ltd's results are improving, while its P/BV is near the low end of its own history over 9.2 years, higher than only 17% of past readings.

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

The price has been moving sideways for 4 weeks, and the P/BV is lower than 83% of its own last 9.2 years. Over the last four quarters, results have been improving, with profit +55.6% on a year earlier, with the net margin at 890.9%. What will decide it: the next one or two quarters of results.

Left out of this page: Its two data sources disagree by up to 12% on reported income across 15 comparable periods, so nothing from the second source is shown here. That is why the quarterly PEG curve, the quarterly return-on-equity and return-on-assets curves, the yearly return-on-assets line and the F-score are missing. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. The quarterly history also starts where the main source starts: 5 earlier quarters from the second source are not added in front of it. Adding to a profit history needs a source that has been checked.

What is the Vardhman Holdings share price today?

Vardhman Holdings Ltd's share price was ₹3,449.30 at the close on 4 November 2026. It has been moving sideways for 4 weeks. That is 1.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹3,071 and ₹3,859, and at that close it sat 48% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Vardhman Holdings Ltd is in stage 1. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 6 weeks in a row.

1Y

Nov 2026: ₹3,449, 1.6% below its 200-day average. The price has been moving sideways for 4 weeks.

  • Price ₹3,449
  • 50-day avg ₹3,502
  • 200-day avg ₹3,507
Nov 2026: ₹3,449, 1.6% below its 200-day average. The price has been moving sideways for 4 weeks.
WeekPrice50-day avg200-day avg
28 Oct 2025₹4,152₹3,948₹3,891
7 Nov 2025₹3,859₹3,934₹3,889
14 Nov 2025₹3,735₹3,910₹3,884
21 Nov 2025₹3,731₹3,882₹3,878
28 Nov 2025₹3,715₹3,849₹3,870
5 Dec 2025₹3,654₹3,814₹3,859
12 Dec 2025₹3,556₹3,764₹3,843
19 Dec 2025₹3,579₹3,730₹3,831
26 Dec 2025₹3,594₹3,710₹3,821
2 Jan 2026₹3,602₹3,686₹3,809
9 Jan 2026₹3,518₹3,675₹3,800
16 Jan 2026₹3,417₹3,642₹3,787
23 Jan 2026₹3,154₹3,569₹3,760
1 Feb 2026₹3,251₹3,508₹3,734
6 Feb 2026₹3,335₹3,474₹3,714
13 Feb 2026₹3,313₹3,450₹3,696
20 Feb 2026₹3,361₹3,429₹3,678
27 Feb 2026₹3,330₹3,408₹3,660
6 Mar 2026₹3,248₹3,370₹3,640
13 Mar 2026₹3,088₹3,320₹3,614
20 Mar 2026₹3,148₹3,289₹3,591
27 Mar 2026₹3,071₹3,263₹3,572
17 Apr 2026₹3,347₹3,270₹3,538
24 Apr 2026₹3,342₹3,285₹3,530
30 Apr 2026₹3,377₹3,302₹3,524
8 May 2026₹3,607₹3,369₹3,532
15 May 2026₹3,523₹3,411₹3,535
22 May 2026₹3,454₹3,422₹3,532
29 May 2026₹3,446₹3,421₹3,527
4 Jun 2026₹3,404₹3,416₹3,522
5 Jun 2026₹3,387₹3,415₹3,520
10 Jun 2026₹3,378₹3,412₹3,517
12 Jun 2026₹3,391₹3,411₹3,514
17 Jun 2026₹3,475₹3,417₹3,513
19 Jun 2026₹3,674₹3,434₹3,515
24 Jun 2026₹3,614₹3,455₹3,518
25 Jun 2026₹3,562₹3,459₹3,519
1 Jul 2026₹3,551₹3,470₹3,520
3 Jul 2026₹3,583₹3,478₹3,521
10 Jul 2026₹3,539₹3,492₹3,523
17 Jul 2026₹3,508₹3,499₹3,523
24 Jul 2026₹3,503₹3,502₹3,523
31 Jul 2026₹3,398₹3,490₹3,519
7 Aug 2026₹3,569₹3,488₹3,516
14 Aug 2026₹3,439₹3,488₹3,515
21 Aug 2026₹3,454₹3,482₹3,512
28 Aug 2026₹3,507₹3,474₹3,509
4 Sep 2026₹3,626₹3,495₹3,512
11 Sep 2026₹3,448₹3,498₹3,513
18 Sep 2026₹3,377₹3,483₹3,508
25 Sep 2026₹3,358₹3,460₹3,501
1 Oct 2026₹3,435₹3,447₹3,496
9 Oct 2026₹3,650₹3,472₹3,500
16 Oct 2026₹3,740₹3,510₹3,509
23 Oct 2026₹3,329₹3,519₹3,511
30 Oct 2026₹3,449₹3,502₹3,507
4 Nov 2026₹3,449₹3,502₹3,507
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹3,449, 1.6% below its 200-day average. The price has been moving sideways for 4 weeks.

  • Price ₹3,449
  • 50-day avg ₹3,502
  • 200-day avg ₹3,507
Nov 2026: ₹3,449, 1.6% below its 200-day average. The price has been moving sideways for 4 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹2,755₹2,913₹2,874
12 Nov 2023₹2,835₹2,890₹2,870
17 Nov 2023₹2,976₹2,888₹2,870
24 Nov 2023₹3,154₹2,922₹2,880
1 Dec 2023₹3,032₹2,940₹2,887
8 Dec 2023₹3,030₹2,956₹2,893
15 Dec 2023₹3,045₹2,970₹2,900
22 Dec 2023₹3,040₹2,978₹2,906
29 Dec 2023₹3,151₹3,005₹2,916
5 Jan 2024₹3,423₹3,054₹2,933
12 Jan 2024₹3,331₹3,107₹2,953
20 Jan 2024₹3,284₹3,139₹2,971
25 Jan 2024₹3,256₹3,150₹2,979
2 Feb 2024₹3,365₹3,183₹2,996
9 Feb 2024₹3,339₹3,219₹3,015
16 Feb 2024₹3,196₹3,220₹3,025
23 Feb 2024₹3,149₹3,214₹3,033
2 Mar 2024₹3,176₹3,195₹3,039
7 Mar 2024₹3,095₹3,184₹3,042
15 Mar 2024₹2,889₹3,131₹3,035
22 Mar 2024₹2,861₹3,076₹3,024
28 Mar 2024₹2,813₹3,045₹3,018
5 Apr 2024₹3,076₹3,039₹3,017
12 Apr 2024₹3,058₹3,042₹3,019
19 Apr 2024₹3,028₹3,040₹3,019
26 Apr 2024₹3,081₹3,049₹3,023
3 May 2024₹3,175₹3,062₹3,027
10 May 2024₹3,061₹3,060₹3,028
18 May 2024₹3,014₹3,056₹3,029
24 May 2024₹3,030₹3,054₹3,030
31 May 2024₹2,943₹3,044₹3,028
7 Jun 2024₹2,982₹3,024₹3,024
14 Jun 2024₹3,230₹3,045₹3,029
21 Jun 2024₹3,390₹3,099₹3,044
28 Jun 2024₹4,043₹3,237₹3,084
5 Jul 2024₹4,120₹3,400₹3,136
12 Jul 2024₹4,288₹3,559₹3,191
19 Jul 2024₹4,073₹3,663₹3,233
26 Jul 2024₹4,068₹3,736₹3,274
2 Aug 2024₹3,983₹3,801₹3,314
9 Aug 2024₹3,955₹3,823₹3,343
16 Aug 2024₹3,870₹3,832₹3,365
23 Aug 2024₹4,137₹3,876₹3,399
30 Aug 2024₹4,121₹3,923₹3,435
6 Sep 2024₹3,935₹3,942₹3,464
13 Sep 2024₹3,969₹3,943₹3,488
20 Sep 2024₹3,953₹3,947₹3,511
27 Sep 2024₹4,312₹4,030₹3,555
4 Oct 2024₹4,071₹4,047₹3,578
11 Oct 2024₹4,019₹4,036₹3,598
18 Oct 2024₹4,420₹4,061₹3,626
25 Oct 2024₹4,092₹4,144₹3,670
1 Nov 2024₹4,208₹4,142₹3,692
8 Nov 2024₹4,902₹4,183₹3,725
14 Nov 2024₹4,909₹4,315₹3,778
22 Nov 2024₹4,989₹4,441₹3,833
29 Nov 2024₹4,818₹4,519₹3,883
6 Dec 2024₹4,975₹4,590₹3,933
13 Dec 2024₹4,919₹4,664₹3,986
20 Dec 2024₹4,556₹4,691₹4,026
27 Dec 2024₹4,390₹4,658₹4,044
3 Jan 2025₹4,531₹4,624₹4,064
10 Jan 2025₹4,010₹4,551₹4,072
17 Jan 2025₹4,015₹4,443₹4,066
24 Jan 2025₹3,918₹4,360₹4,062
1 Feb 2025₹3,743₹4,221₹4,042
7 Feb 2025₹3,707₹4,129₹4,026
14 Feb 2025₹3,289₹4,012₹3,999
21 Feb 2025₹3,189₹3,868₹3,961
28 Feb 2025₹2,953₹3,744₹3,925
7 Mar 2025₹3,099₹3,613₹3,881
13 Mar 2025₹3,006₹3,527₹3,848
21 Mar 2025₹3,330₹3,469₹3,816
28 Mar 2025₹3,343₹3,464₹3,798
4 Apr 2025₹3,622₹3,486₹3,791
11 Apr 2025₹3,533₹3,491₹3,780
17 Apr 2025₹3,741₹3,516₹3,778
25 Apr 2025₹3,609₹3,562₹3,778
2 May 2025₹3,525₹3,563₹3,770
9 May 2025₹3,362₹3,537₹3,752
16 May 2025₹3,776₹3,566₹3,750
23 May 2025₹3,898₹3,629₹3,758
30 May 2025₹3,973₹3,694₹3,769
6 Jun 2025₹4,153₹3,761₹3,783
13 Jun 2025₹3,987₹3,828₹3,800
20 Jun 2025₹3,987₹3,864₹3,811
27 Jun 2025₹4,084₹3,893₹3,822
4 Jul 2025₹4,091₹3,931₹3,836
11 Jul 2025₹4,055₹3,959₹3,848
18 Jul 2025₹4,105₹3,983₹3,860
25 Jul 2025₹4,101₹4,001₹3,870
1 Aug 2025₹3,942₹4,001₹3,877
8 Aug 2025₹3,845₹3,979₹3,877
14 Aug 2025₹3,766₹3,952₹3,874
22 Aug 2025₹3,806₹3,935₹3,873
29 Aug 2025₹3,715₹3,912₹3,870
5 Sep 2025₹4,026₹3,902₹3,869
12 Sep 2025₹3,971₹3,921₹3,875
19 Sep 2025₹3,878₹3,923₹3,878
26 Sep 2025₹3,766₹3,902₹3,875
3 Oct 2025₹3,916₹3,892₹3,873
10 Oct 2025₹3,895₹3,897₹3,875
17 Oct 2025₹3,925₹3,889₹3,874
24 Oct 2025₹4,234₹3,928₹3,885
28 Oct 2025₹4,152₹3,948₹3,891
7 Nov 2025₹3,859₹3,934₹3,889
14 Nov 2025₹3,735₹3,910₹3,884
21 Nov 2025₹3,731₹3,882₹3,878
28 Nov 2025₹3,715₹3,849₹3,870
5 Dec 2025₹3,654₹3,814₹3,859
12 Dec 2025₹3,556₹3,764₹3,843
19 Dec 2025₹3,579₹3,730₹3,831
26 Dec 2025₹3,594₹3,710₹3,821
2 Jan 2026₹3,602₹3,686₹3,809
9 Jan 2026₹3,518₹3,675₹3,800
16 Jan 2026₹3,417₹3,642₹3,787
23 Jan 2026₹3,154₹3,569₹3,760
1 Feb 2026₹3,251₹3,508₹3,734
6 Feb 2026₹3,335₹3,474₹3,714
13 Feb 2026₹3,313₹3,450₹3,696
20 Feb 2026₹3,361₹3,429₹3,678
27 Feb 2026₹3,330₹3,408₹3,660
6 Mar 2026₹3,248₹3,370₹3,640
13 Mar 2026₹3,088₹3,320₹3,614
20 Mar 2026₹3,148₹3,289₹3,591
27 Mar 2026₹3,071₹3,263₹3,572
17 Apr 2026₹3,347₹3,270₹3,538
24 Apr 2026₹3,342₹3,285₹3,530
30 Apr 2026₹3,377₹3,302₹3,524
8 May 2026₹3,607₹3,369₹3,532
15 May 2026₹3,523₹3,411₹3,535
22 May 2026₹3,454₹3,422₹3,532
29 May 2026₹3,446₹3,421₹3,527
4 Jun 2026₹3,404₹3,416₹3,522
5 Jun 2026₹3,387₹3,415₹3,520
10 Jun 2026₹3,378₹3,412₹3,517
12 Jun 2026₹3,391₹3,411₹3,514
17 Jun 2026₹3,475₹3,417₹3,513
19 Jun 2026₹3,674₹3,434₹3,515
24 Jun 2026₹3,614₹3,455₹3,518
25 Jun 2026₹3,562₹3,459₹3,519
1 Jul 2026₹3,551₹3,470₹3,520
3 Jul 2026₹3,583₹3,478₹3,521
10 Jul 2026₹3,539₹3,492₹3,523
17 Jul 2026₹3,508₹3,499₹3,523
24 Jul 2026₹3,503₹3,502₹3,523
31 Jul 2026₹3,398₹3,490₹3,519
7 Aug 2026₹3,569₹3,488₹3,516
14 Aug 2026₹3,439₹3,488₹3,515
21 Aug 2026₹3,454₹3,482₹3,512
28 Aug 2026₹3,507₹3,474₹3,509
4 Sep 2026₹3,626₹3,495₹3,512
11 Sep 2026₹3,448₹3,498₹3,513
18 Sep 2026₹3,377₹3,483₹3,508
25 Sep 2026₹3,358₹3,460₹3,501
1 Oct 2026₹3,435₹3,447₹3,496
9 Oct 2026₹3,650₹3,472₹3,500
16 Oct 2026₹3,740₹3,510₹3,509
23 Oct 2026₹3,329₹3,519₹3,511
30 Oct 2026₹3,449₹3,502₹3,507
4 Nov 2026₹3,449₹3,502₹3,507
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹3,449, 1.6% below its 200-day average. The price has been moving sideways for 4 weeks.

  • Price ₹3,449
  • 50-day avg ₹3,502
  • 200-day avg ₹3,507
Nov 2026: ₹3,449, 1.6% below its 200-day average. The price has been moving sideways for 4 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021₹3,240₹3,096₹2,535
12 Nov 2021₹3,300₹3,160₹2,601
26 Nov 2021₹3,018₹3,150₹2,647
10 Dec 2021₹2,943₹3,090₹2,677
24 Dec 2021₹2,932₹3,034₹2,701
7 Jan 2022₹4,324₹3,096₹2,748
21 Jan 2022₹4,089₹3,468₹2,889
4 Feb 2022₹3,914₹3,590₹2,974
18 Feb 2022₹3,710₹3,647₹3,049
4 Mar 2022₹3,401₹3,591₹3,085
17 Mar 2022₹3,639₹3,582₹3,126
1 Apr 2022₹3,681₹3,609₹3,177
13 Apr 2022₹3,770₹3,666₹3,226
29 Apr 2022₹3,521₹3,667₹3,269
13 May 2022₹2,863₹3,495₹3,256
27 May 2022₹2,782₹3,326₹3,231
10 Jun 2022₹2,918₹3,216₹3,208
24 Jun 2022₹2,679₹3,049₹3,161
8 Jul 2022₹2,801₹2,951₹3,122
22 Jul 2022₹2,882₹2,926₹3,098
5 Aug 2022₹2,952₹2,916₹3,078
19 Aug 2022₹2,929₹2,908₹3,064
2 Sep 2022₹3,006₹2,940₹3,060
16 Sep 2022₹3,448₹3,038₹3,075
30 Sep 2022₹3,204₹3,073₹3,082
14 Oct 2022₹3,064₹3,091₹3,087
28 Oct 2022₹3,042₹3,081₹3,084
11 Nov 2022₹3,016₹3,065₹3,079
25 Nov 2022₹2,949₹3,027₹3,067
9 Dec 2022₹2,928₹2,997₹3,055
23 Dec 2022₹2,783₹2,989₹3,047
6 Jan 2023₹2,933₹2,971₹3,036
20 Jan 2023₹2,897₹2,954₹3,026
3 Feb 2023₹2,657₹2,887₹3,001
17 Feb 2023₹2,756₹2,844₹2,978
3 Mar 2023₹2,660₹2,792₹2,950
17 Mar 2023₹2,595₹2,752₹2,925
31 Mar 2023₹2,561₹2,689₹2,892
13 Apr 2023₹2,696₹2,676₹2,875
28 Apr 2023₹2,664₹2,679₹2,857
12 May 2023₹2,721₹2,679₹2,842
26 May 2023₹2,631₹2,672₹2,824
9 Jun 2023₹2,776₹2,682₹2,812
23 Jun 2023₹2,906₹2,736₹2,815
7 Jul 2023₹2,862₹2,782₹2,821
21 Jul 2023₹2,810₹2,801₹2,823
4 Aug 2023₹2,798₹2,794₹2,819
18 Aug 2023₹2,904₹2,805₹2,820
1 Sep 2023₹2,903₹2,829₹2,825
15 Sep 2023₹3,129₹2,917₹2,850
29 Sep 2023₹3,063₹2,959₹2,868
13 Oct 2023₹2,942₹2,962₹2,877
27 Oct 2023₹2,831₹2,936₹2,877
12 Nov 2023₹2,835₹2,890₹2,870
24 Nov 2023₹3,154₹2,922₹2,880
8 Dec 2023₹3,030₹2,956₹2,893
22 Dec 2023₹3,040₹2,978₹2,906
5 Jan 2024₹3,423₹3,054₹2,933
20 Jan 2024₹3,284₹3,139₹2,971
2 Feb 2024₹3,365₹3,183₹2,996
16 Feb 2024₹3,196₹3,220₹3,025
2 Mar 2024₹3,176₹3,195₹3,039
15 Mar 2024₹2,889₹3,131₹3,035
28 Mar 2024₹2,813₹3,045₹3,018
12 Apr 2024₹3,058₹3,042₹3,019
26 Apr 2024₹3,081₹3,049₹3,023
10 May 2024₹3,061₹3,060₹3,028
24 May 2024₹3,030₹3,054₹3,030
7 Jun 2024₹2,982₹3,024₹3,024
21 Jun 2024₹3,390₹3,099₹3,044
5 Jul 2024₹4,120₹3,400₹3,136
19 Jul 2024₹4,073₹3,663₹3,233
2 Aug 2024₹3,983₹3,801₹3,314
16 Aug 2024₹3,870₹3,832₹3,365
30 Aug 2024₹4,121₹3,923₹3,435
13 Sep 2024₹3,969₹3,943₹3,488
27 Sep 2024₹4,312₹4,030₹3,555
11 Oct 2024₹4,019₹4,036₹3,598
25 Oct 2024₹4,092₹4,144₹3,670
8 Nov 2024₹4,902₹4,183₹3,725
22 Nov 2024₹4,989₹4,441₹3,833
6 Dec 2024₹4,975₹4,590₹3,933
20 Dec 2024₹4,556₹4,691₹4,026
3 Jan 2025₹4,531₹4,624₹4,064
17 Jan 2025₹4,015₹4,443₹4,066
1 Feb 2025₹3,743₹4,221₹4,042
14 Feb 2025₹3,289₹4,012₹3,999
28 Feb 2025₹2,953₹3,744₹3,925
13 Mar 2025₹3,006₹3,527₹3,848
28 Mar 2025₹3,343₹3,464₹3,798
11 Apr 2025₹3,533₹3,491₹3,780
25 Apr 2025₹3,609₹3,562₹3,778
9 May 2025₹3,362₹3,537₹3,752
23 May 2025₹3,898₹3,629₹3,758
6 Jun 2025₹4,153₹3,761₹3,783
20 Jun 2025₹3,987₹3,864₹3,811
4 Jul 2025₹4,091₹3,931₹3,836
18 Jul 2025₹4,105₹3,983₹3,860
1 Aug 2025₹3,942₹4,001₹3,877
14 Aug 2025₹3,766₹3,952₹3,874
29 Aug 2025₹3,715₹3,912₹3,870
12 Sep 2025₹3,971₹3,921₹3,875
26 Sep 2025₹3,766₹3,902₹3,875
10 Oct 2025₹3,895₹3,897₹3,875
24 Oct 2025₹4,234₹3,928₹3,885
7 Nov 2025₹3,859₹3,934₹3,889
21 Nov 2025₹3,731₹3,882₹3,878
5 Dec 2025₹3,654₹3,814₹3,859
19 Dec 2025₹3,579₹3,730₹3,831
2 Jan 2026₹3,602₹3,686₹3,809
16 Jan 2026₹3,417₹3,642₹3,787
1 Feb 2026₹3,251₹3,508₹3,734
13 Feb 2026₹3,313₹3,450₹3,696
27 Feb 2026₹3,330₹3,408₹3,660
13 Mar 2026₹3,088₹3,320₹3,614
27 Mar 2026₹3,071₹3,263₹3,572
24 Apr 2026₹3,342₹3,285₹3,530
8 May 2026₹3,607₹3,369₹3,532
22 May 2026₹3,454₹3,422₹3,532
4 Jun 2026₹3,404₹3,416₹3,522
10 Jun 2026₹3,378₹3,412₹3,517
17 Jun 2026₹3,475₹3,417₹3,513
24 Jun 2026₹3,614₹3,455₹3,518
1 Jul 2026₹3,551₹3,470₹3,520
10 Jul 2026₹3,539₹3,492₹3,523
24 Jul 2026₹3,503₹3,502₹3,523
7 Aug 2026₹3,569₹3,488₹3,516
21 Aug 2026₹3,454₹3,482₹3,512
4 Sep 2026₹3,626₹3,495₹3,512
18 Sep 2026₹3,377₹3,483₹3,508
1 Oct 2026₹3,435₹3,447₹3,496
16 Oct 2026₹3,740₹3,510₹3,509
30 Oct 2026₹3,449₹3,502₹3,507
4 Nov 2026₹3,449₹3,502₹3,507
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: ₹3,449, 1.6% below its 200-day average. The price has been moving sideways for 4 weeks.

  • Price ₹3,449
  • 50-day avg ₹3,502
  • 200-day avg ₹3,507
Nov 2026: ₹3,449, 1.6% below its 200-day average. The price has been moving sideways for 4 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹2,041₹1,699₹1,297
18 Nov 2016₹1,677₹1,770₹1,368
9 Dec 2016₹1,860₹1,793₹1,432
30 Dec 2016₹1,770₹1,782₹1,479
20 Jan 2017₹2,042₹1,824₹1,533
10 Feb 2017₹2,397₹2,033₹1,634
3 Mar 2017₹2,753₹2,276₹1,757
24 Mar 2017₹2,819₹2,503₹1,894
13 Apr 2017₹2,797₹2,634₹2,008
5 May 2017₹2,780₹2,707₹2,112
26 May 2017₹3,207₹2,885₹2,246
16 Jun 2017₹3,542₹3,115₹2,404
7 Jul 2017₹3,349₹3,236₹2,534
28 Jul 2017₹3,475₹3,322₹2,659
18 Aug 2017₹3,246₹3,283₹2,735
8 Sep 2017₹3,609₹3,303₹2,809
29 Sep 2017₹3,283₹3,365₹2,898
19 Oct 2017₹3,373₹3,356₹2,952
10 Nov 2017₹3,296₹3,332₹3,001
1 Dec 2017₹3,643₹3,479₹3,092
22 Dec 2017₹4,852₹3,652₹3,196
12 Jan 2018₹5,667₹4,470₹3,502
2 Feb 2018₹4,466₹4,712₹3,707
23 Feb 2018₹4,583₹4,663₹3,824
16 Mar 2018₹4,198₹4,486₹3,881
6 Apr 2018₹4,055₹4,271₹3,891
27 Apr 2018₹4,095₹4,152₹3,908
18 May 2018₹3,787₹4,031₹3,904
8 Jun 2018₹2,971₹3,666₹3,813
29 Jun 2018₹2,867₹3,373₹3,702
20 Jul 2018₹2,736₹3,105₹3,574
10 Aug 2018₹2,740₹2,949₹3,460
31 Aug 2018₹2,755₹2,882₹3,378
21 Sep 2018₹2,607₹2,792₹3,291
12 Oct 2018₹2,298₹2,562₹3,156
2 Nov 2018₹2,160₹2,390₹3,027
22 Nov 2018₹2,316₹2,349₹2,936
14 Dec 2018₹2,285₹2,325₹2,847
4 Jan 2019₹2,281₹2,300₹2,772
25 Jan 2019₹2,287₹2,345₹2,722
15 Feb 2019₹1,902₹2,175₹2,618
8 Mar 2019₹2,160₹2,101₹2,536
29 Mar 2019₹2,086₹2,138₹2,491
18 Apr 2019₹2,117₹2,136₹2,448
10 May 2019₹2,096₹2,144₹2,413
31 May 2019₹2,087₹2,124₹2,369
21 Jun 2019₹1,926₹2,077₹2,323
12 Jul 2019₹1,846₹2,000₹2,266
2 Aug 2019₹1,440₹1,842₹2,182
23 Aug 2019₹1,497₹1,677₹2,090
13 Sep 2019₹1,603₹1,624₹2,024
4 Oct 2019₹1,504₹1,601₹1,965
27 Oct 2019₹1,463₹1,547₹1,901
15 Nov 2019₹1,462₹1,507₹1,846
6 Dec 2019₹1,327₹1,458₹1,784
27 Dec 2019₹1,257₹1,371₹1,715
17 Jan 2020₹1,296₹1,334₹1,656
7 Feb 2020₹1,292₹1,316₹1,603
28 Feb 2020₹1,290₹1,309₹1,563
20 Mar 2020₹898₹1,196₹1,498
9 Apr 2020₹1,095₹1,092₹1,432
30 Apr 2020₹1,147₹1,109₹1,396
22 May 2020₹1,003₹1,067₹1,343
12 Jun 2020₹1,095₹1,064₹1,305
3 Jul 2020₹1,181₹1,102₹1,283
24 Jul 2020₹1,237₹1,143₹1,270
14 Aug 2020₹1,308₹1,204₹1,271
4 Sep 2020₹1,380₹1,296₹1,289
25 Sep 2020₹1,246₹1,299₹1,292
16 Oct 2020₹1,235₹1,283₹1,288
6 Nov 2020₹1,223₹1,260₹1,280
27 Nov 2020₹1,306₹1,264₹1,278
18 Dec 2020₹1,415₹1,332₹1,297
8 Jan 2021₹1,469₹1,382₹1,316
29 Jan 2021₹1,366₹1,402₹1,331
19 Feb 2021₹1,382₹1,388₹1,337
12 Mar 2021₹1,811₹1,529₹1,384
1 Apr 2021₹1,789₹1,638₹1,435
23 Apr 2021₹1,650₹1,653₹1,464
14 May 2021₹2,005₹1,710₹1,505
4 Jun 2021₹2,501₹2,036₹1,632
25 Jun 2021₹2,498₹2,256₹1,756
16 Jul 2021₹3,241₹2,536₹1,906
6 Aug 2021₹3,244₹2,859₹2,086
27 Aug 2021₹2,886₹2,925₹2,209
17 Sep 2021₹3,096₹3,053₹2,342
8 Oct 2021₹3,074₹3,063₹2,444
29 Oct 2021₹3,240₹3,096₹2,535
18 Nov 2021₹3,118₹3,165₹2,624
10 Dec 2021₹2,943₹3,090₹2,677
31 Dec 2021₹2,982₹3,025₹2,715
21 Jan 2022₹4,089₹3,468₹2,889
11 Feb 2022₹3,847₹3,641₹3,017
4 Mar 2022₹3,401₹3,591₹3,085
25 Mar 2022₹3,766₹3,597₹3,152
13 Apr 2022₹3,770₹3,666₹3,226
6 May 2022₹3,332₹3,631₹3,275
27 May 2022₹2,782₹3,326₹3,231
17 Jun 2022₹2,724₹3,138₹3,187
8 Jul 2022₹2,801₹2,951₹3,122
29 Jul 2022₹2,849₹2,912₹3,086
19 Aug 2022₹2,929₹2,908₹3,064
9 Sep 2022₹3,074₹2,962₹3,060
30 Sep 2022₹3,204₹3,073₹3,082
21 Oct 2022₹3,044₹3,086₹3,085
11 Nov 2022₹3,016₹3,065₹3,079
2 Dec 2022₹2,927₹3,008₹3,060
23 Dec 2022₹2,783₹2,989₹3,047
13 Jan 2023₹2,921₹2,966₹3,032
3 Feb 2023₹2,657₹2,887₹3,001
24 Feb 2023₹2,740₹2,820₹2,964
17 Mar 2023₹2,595₹2,752₹2,925
6 Apr 2023₹2,636₹2,679₹2,884
28 Apr 2023₹2,664₹2,679₹2,857
19 May 2023₹2,637₹2,679₹2,834
9 Jun 2023₹2,776₹2,682₹2,812
30 Jun 2023₹2,892₹2,759₹2,818
21 Jul 2023₹2,810₹2,801₹2,823
11 Aug 2023₹2,764₹2,789₹2,816
1 Sep 2023₹2,903₹2,829₹2,825
22 Sep 2023₹3,041₹2,938₹2,859
13 Oct 2023₹2,942₹2,962₹2,877
3 Nov 2023₹2,755₹2,913₹2,874
24 Nov 2023₹3,154₹2,922₹2,880
15 Dec 2023₹3,045₹2,970₹2,900
5 Jan 2024₹3,423₹3,054₹2,933
25 Jan 2024₹3,256₹3,150₹2,979
16 Feb 2024₹3,196₹3,220₹3,025
7 Mar 2024₹3,095₹3,184₹3,042
28 Mar 2024₹2,813₹3,045₹3,018
19 Apr 2024₹3,028₹3,040₹3,019
10 May 2024₹3,061₹3,060₹3,028
31 May 2024₹2,943₹3,044₹3,028
21 Jun 2024₹3,390₹3,099₹3,044
12 Jul 2024₹4,288₹3,559₹3,191
2 Aug 2024₹3,983₹3,801₹3,314
23 Aug 2024₹4,137₹3,876₹3,399
13 Sep 2024₹3,969₹3,943₹3,488
4 Oct 2024₹4,071₹4,047₹3,578
25 Oct 2024₹4,092₹4,144₹3,670
14 Nov 2024₹4,909₹4,315₹3,778
6 Dec 2024₹4,975₹4,590₹3,933
27 Dec 2024₹4,390₹4,658₹4,044
17 Jan 2025₹4,015₹4,443₹4,066
7 Feb 2025₹3,707₹4,129₹4,026
28 Feb 2025₹2,953₹3,744₹3,925
21 Mar 2025₹3,330₹3,469₹3,816
11 Apr 2025₹3,533₹3,491₹3,780
2 May 2025₹3,525₹3,563₹3,770
23 May 2025₹3,898₹3,629₹3,758
13 Jun 2025₹3,987₹3,828₹3,800
4 Jul 2025₹4,091₹3,931₹3,836
25 Jul 2025₹4,101₹4,001₹3,870
14 Aug 2025₹3,766₹3,952₹3,874
5 Sep 2025₹4,026₹3,902₹3,869
26 Sep 2025₹3,766₹3,902₹3,875
17 Oct 2025₹3,925₹3,889₹3,874
7 Nov 2025₹3,859₹3,934₹3,889
28 Nov 2025₹3,715₹3,849₹3,870
19 Dec 2025₹3,579₹3,730₹3,831
9 Jan 2026₹3,518₹3,675₹3,800
1 Feb 2026₹3,251₹3,508₹3,734
20 Feb 2026₹3,361₹3,429₹3,678
13 Mar 2026₹3,088₹3,320₹3,614
17 Apr 2026₹3,347₹3,270₹3,538
8 May 2026₹3,607₹3,369₹3,532
29 May 2026₹3,446₹3,421₹3,527
10 Jun 2026₹3,378₹3,412₹3,517
19 Jun 2026₹3,674₹3,434₹3,515
1 Jul 2026₹3,551₹3,470₹3,520
17 Jul 2026₹3,508₹3,499₹3,523
7 Aug 2026₹3,569₹3,488₹3,516
28 Aug 2026₹3,507₹3,474₹3,509
18 Sep 2026₹3,377₹3,483₹3,508
9 Oct 2026₹3,650₹3,472₹3,500
30 Oct 2026₹3,449₹3,502₹3,507
4 Nov 2026₹3,449₹3,502₹3,507
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Sideways from Oct 2025 to Dec 2025; Falling from Dec 2025 to Jun 2026; Sideways from Jul 2026 to Sep 2026; Falling from Sep 2026 to Oct 2026.

Price stage: Rising from Nov 2023 to Apr 2024; Sideways from May 2024 to Jun 2024; Rising from Jul 2024 to Feb 2025; Falling from Feb 2025 to Jun 2025; Rising from Jul 2025 to Oct 2025; Sideways from Oct 2025 to Dec 2025; Falling from Dec 2025 to Jun 2026; Sideways from Jul 2026 to Sep 2026; Falling from Sep 2026 to Oct 2026.

Price stage: Rising from Oct 2021 to Jun 2022; Falling from Jun 2022 to Sep 2022; Sideways from Oct 2022 to Nov 2022; Falling from Dec 2022 to Jul 2023; Sideways from Aug 2023 to Sep 2023; Rising from Sep 2023 to Apr 2024; Sideways from May 2024 to Jun 2024; Rising from Jul 2024 to Feb 2025; Falling from Feb 2025 to Jun 2025; Rising from Jul 2025 to Sep 2025; Sideways from Oct 2025 to Dec 2025; Falling from Dec 2025 to Jun 2026; Sideways from Jul 2026 to Oct 2026.

Price stage: Rising from Oct 2016 to May 2018; Falling from Jun 2018 to Sep 2020; Rising from Sep 2020 to May 2022; Falling from Jun 2022 to Sep 2023; Rising from Sep 2023 to Apr 2024; Sideways from May 2024 to Jun 2024; Rising from Jul 2024 to Feb 2025; Falling from Feb 2025 to Jun 2025; Rising from Jul 2025 to Sep 2025; Sideways from Oct 2025 to Nov 2025; Falling from Dec 2025 to Jun 2026; Sideways from Jul 2026 to Oct 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 238 of 547 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
26 May 2016no NIFTY 500 reading
3 Jun 2016no NIFTY 500 reading
10 Jun 2016+24.2%
17 Jun 2016+20.3%
24 Jun 2016+21.9%
1 Jul 2016+19.4%
8 Jul 2016+23.0%
15 Jul 2016+20.5%
22 Jul 2016+19.1%
29 Jul 2016+13.5%
5 Aug 2016+10.3%
12 Aug 2016+0.4%
19 Aug 2016+11.0%
26 Aug 2016+12.8%
2 Sep 2016+22.8%
9 Sep 2016+17.6%
16 Sep 2016+16.1%
23 Sep 2016+15.5%
30 Sep 2016+23.5%
7 Oct 2016+66.2%
14 Oct 2016+49.2%
21 Oct 2016+53.6%
30 Oct 2016+56.8%
4 Nov 2016+42.2%
11 Nov 2016+54.6%
18 Nov 2016+31.9%
25 Nov 2016+37.9%
2 Dec 2016+36.3%
9 Dec 2016+36.7%
16 Dec 2016+36.2%
23 Dec 2016+31.4%
30 Dec 2016+28.0%
6 Jan 2017−3.8%
13 Jan 2017−2.7%
20 Jan 2017+3.8%
27 Jan 2017+6.1%
3 Feb 2017+19.0%
10 Feb 2017+14.6%
17 Feb 2017+32.7%
23 Feb 2017+34.7%
3 Mar 2017+43.9%
10 Mar 2017+42.0%
17 Mar 2017+40.5%
24 Mar 2017+47.2%
31 Mar 2017+46.4%
7 Apr 2017+42.1%
13 Apr 2017+41.4%
21 Apr 2017+26.4%
28 Apr 2017+15.6%
5 May 2017+10.0%
12 May 2017+1.9%
19 May 2017+38.6%
26 May 2017+13.2%
2 Jun 2017+11.1%
9 Jun 2017+14.5%
16 Jun 2017+20.3%
23 Jun 2017+18.2%
30 Jun 2017+11.2%
7 Jul 2017+11.2%
14 Jul 2017+15.2%
21 Jul 2017+13.2%
28 Jul 2017+17.2%
4 Aug 2017+16.3%
11 Aug 2017+7.4%
18 Aug 2017−12.8%
24 Aug 2017−10.2%
1 Sep 2017+5.2%
8 Sep 2017−1.9%
15 Sep 2017−7.6%
22 Sep 2017−3.5%
29 Sep 2017−3.7%
6 Oct 2017−3.6%
13 Oct 2017−3.9%
19 Oct 2017−3.0%
27 Oct 2017−9.9%
3 Nov 2017−7.0%
10 Nov 2017+6.2%
17 Nov 2017+3.5%
24 Nov 2017+16.1%
1 Dec 2017−1.9%
8 Dec 2017+1.6%
15 Dec 2017+1.7%
22 Dec 2017+30.7%
29 Dec 2017+45.9%
5 Jan 2018+65.2%
12 Jan 2018+57.0%
19 Jan 2018+48.5%
25 Jan 2018+47.5%
2 Feb 2018+34.7%
9 Feb 2018+40.9%
16 Feb 2018+30.7%
23 Feb 2018+24.2%
1 Mar 2018+20.5%
9 Mar 2018+10.1%
16 Mar 2018+17.7%
23 Mar 2018−13.1%
28 Mar 2018−20.8%
6 Apr 2018−25.7%
13 Apr 2018−26.1%
20 Apr 2018−19.5%
27 Apr 2018−16.2%
4 May 2018−14.9%
11 May 2018−20.2%
18 May 2018−18.0%
25 May 2018−28.9%
1 Jun 2018−29.8%
8 Jun 2018−31.2%
15 Jun 2018−31.6%
22 Jun 2018−24.4%
29 Jun 2018−26.3%
6 Jul 2018−33.2%
13 Jul 2018−29.7%
20 Jul 2018−32.6%
27 Jul 2018−35.9%
3 Aug 2018−29.8%
10 Aug 2018−32.4%
17 Aug 2018−33.4%
24 Aug 2018−18.7%
31 Aug 2018−19.9%
7 Sep 2018−11.8%
14 Sep 2018−16.3%
21 Sep 2018−17.3%
28 Sep 2018−19.1%
5 Oct 2018−16.7%
12 Oct 2018−11.6%
19 Oct 2018−10.8%
26 Oct 2018−14.7%
2 Nov 2018−16.4%
9 Nov 2018−11.4%
16 Nov 2018−8.6%
22 Nov 2018−10.3%
30 Nov 2018−8.9%
7 Dec 2018−7.1%
14 Dec 2018−9.6%
21 Dec 2018−10.8%
28 Dec 2018−1.0%
4 Jan 2019+3.1%
11 Jan 2019+1.4%
18 Jan 2019+0.2%
25 Jan 2019+9.3%
1 Feb 2019−6.4%
8 Feb 2019−11.1%
15 Feb 2019−17.6%
22 Feb 2019−17.9%
1 Mar 2019−12.7%
8 Mar 2019−12.3%
15 Mar 2019−3.1%
22 Mar 2019−7.4%
29 Mar 2019−14.0%
5 Apr 2019−12.1%
12 Apr 2019−18.9%
18 Apr 2019−15.5%
26 Apr 2019−10.0%
3 May 2019+0.2%
10 May 2019+4.5%
17 May 2019−1.5%
24 May 2019+3.3%
31 May 2019−5.7%
7 Jun 2019−8.0%
14 Jun 2019−12.2%
21 Jun 2019−14.4%
28 Jun 2019−8.5%
5 Jul 2019−8.7%
12 Jul 2019−11.3%
19 Jul 2019−11.6%
26 Jul 2019−20.1%
2 Aug 2019−26.9%
9 Aug 2019−30.9%
16 Aug 2019−20.9%
23 Aug 2019−21.4%
30 Aug 2019−17.9%
6 Sep 2019−17.4%
13 Sep 2019−13.3%
20 Sep 2019−14.8%
27 Sep 2019−11.5%
4 Oct 2019−18.3%
11 Oct 2019−16.6%
18 Oct 2019−15.6%
27 Oct 2019−19.4%
1 Nov 2019−10.8%
8 Nov 2019−6.7%
15 Nov 2019−9.4%
22 Nov 2019−12.9%
29 Nov 2019−16.3%
6 Dec 2019−20.9%
13 Dec 2019−33.5%
20 Dec 2019−27.5%
27 Dec 2019−28.7%
3 Jan 2020−21.1%
10 Jan 2020−24.5%
17 Jan 2020−20.9%
24 Jan 2020−12.7%
1 Feb 2020−13.4%
7 Feb 2020−12.8%
14 Feb 2020−14.1%
20 Feb 2020−6.6%
28 Feb 2020−3.2%
6 Mar 2020+1.4%
13 Mar 2020+7.2%
20 Mar 2020+4.9%
27 Mar 2020−0.3%
3 Apr 2020−3.6%
9 Apr 2020+14.5%
17 Apr 2020+11.4%
24 Apr 2020+8.2%
30 Apr 2020+14.3%
8 May 2020+3.2%
15 May 2020+3.7%
22 May 2020−3.1%
29 May 2020−11.1%
5 Jun 2020−3.7%
12 Jun 2020−3.7%
19 Jun 2020−1.5%
26 Jun 2020+14.8%
3 Jul 2020+9.3%
10 Jul 2020−13.5%
17 Jul 2020−14.2%
24 Jul 2020−7.8%
31 Jul 2020−9.9%
7 Aug 2020+4.0%
14 Aug 2020+2.9%
21 Aug 2020+10.2%
28 Aug 2020+35.2%
4 Sep 2020+11.8%
11 Sep 2020+3.8%
18 Sep 2020+8.3%
25 Sep 2020−6.1%
1 Oct 2020−1.8%
9 Oct 2020−2.6%
16 Oct 2020−4.6%
23 Oct 2020−7.4%
30 Oct 2020−9.7%
6 Nov 2020−16.4%
14 Nov 2020−16.7%
20 Nov 2020−18.8%
27 Nov 2020−27.7%
4 Dec 2020−17.8%
11 Dec 2020−10.0%
18 Dec 2020−13.8%
24 Dec 2020−9.3%
1 Jan 2021−6.8%
8 Jan 2021−6.7%
15 Jan 2021−3.7%
22 Jan 2021−3.0%
29 Jan 2021−14.1%
5 Feb 2021−8.5%
12 Feb 2021−11.2%
19 Feb 2021−7.5%
26 Feb 2021−9.3%
5 Mar 2021+18.7%
12 Mar 2021+17.1%
19 Mar 2021+20.2%
26 Mar 2021+17.8%
1 Apr 2021+15.8%
9 Apr 2021+20.5%
16 Apr 2021+10.9%
23 Apr 2021+7.4%
30 Apr 2021+24.0%
7 May 2021+26.2%
14 May 2021+46.9%
21 May 2021+83.0%
28 May 2021+72.8%
4 Jun 2021+28.1%
11 Jun 2021+34.6%
18 Jun 2021+26.8%
25 Jun 2021+31.6%
2 Jul 2021+28.8%
9 Jul 2021+36.4%
16 Jul 2021+85.3%
23 Jul 2021+88.9%
30 Jul 2021+84.4%
6 Aug 2021+76.4%
13 Aug 2021+48.2%
20 Aug 2021+6.6%
27 Aug 2021+5.8%
3 Sep 2021+21.7%
9 Sep 2021+10.5%
17 Sep 2021+12.4%
24 Sep 2021+9.8%
1 Oct 2021+11.4%
8 Oct 2021+1.4%
14 Oct 2021−17.1%
22 Oct 2021−19.8%
29 Oct 2021−13.7%
4 Nov 2021−8.8%
12 Nov 2021−5.6%
18 Nov 2021−2.0%
26 Nov 2021+3.0%
3 Dec 2021−12.0%
10 Dec 2021−6.9%
17 Dec 2021−3.0%
24 Dec 2021−2.1%
31 Dec 2021−3.1%
7 Jan 2022+40.4%
14 Jan 2022+34.4%
21 Jan 2022+37.4%
28 Jan 2022+19.6%
4 Feb 2022+20.3%
11 Feb 2022+20.9%
18 Feb 2022+22.6%
25 Feb 2022+16.4%
4 Mar 2022+21.7%
11 Mar 2022+24.9%
17 Mar 2022+23.8%
25 Mar 2022+28.2%
1 Apr 2022+23.9%
8 Apr 2022−7.2%
13 Apr 2022−7.5%
22 Apr 2022−8.8%
29 Apr 2022−3.3%
6 May 2022−6.6%
13 May 2022−19.7%
20 May 2022−8.7%
27 May 2022−17.2%
3 Jun 2022−8.5%
10 Jun 2022−11.0%
17 Jun 2022−14.0%
24 Jun 2022−18.9%
1 Jul 2022−15.4%
8 Jul 2022−18.2%
15 Jul 2022−21.1%
22 Jul 2022−18.9%
29 Jul 2022−22.4%
5 Aug 2022−20.2%
12 Aug 2022−9.8%
19 Aug 2022−18.5%
26 Aug 2022−0.1%
2 Sep 2022−13.0%
9 Sep 2022−11.5%
16 Sep 2022+8.9%
23 Sep 2022+6.2%
30 Sep 2022+8.6%
7 Oct 2022+4.8%
14 Oct 2022+3.1%
21 Oct 2022−0.7%
28 Oct 2022+2.6%
4 Nov 2022−1.2%
11 Nov 2022+2.7%
18 Nov 2022−2.7%
25 Nov 2022−6.5%
2 Dec 2022−6.2%
9 Dec 2022−6.9%
16 Dec 2022−14.1%
23 Dec 2022−15.4%
30 Dec 2022−11.4%
6 Jan 2023−10.4%
13 Jan 2023−7.3%
20 Jan 2023−4.9%
27 Jan 2023−5.6%
3 Feb 2023−8.9%
10 Feb 2023−1.9%
17 Feb 2023−0.4%
24 Feb 2023+0.9%
3 Mar 2023−3.2%
10 Mar 2023+3.6%
17 Mar 2023−6.5%
24 Mar 2023−2.5%
31 Mar 2023−8.2%
6 Apr 2023−7.8%
13 Apr 2023−3.7%
21 Apr 2023−7.7%
28 Apr 2023−5.8%
5 May 2023−2.4%
12 May 2023−6.7%
19 May 2023−9.8%
26 May 2023−11.5%
2 Jun 2023−6.9%
9 Jun 2023−10.8%
16 Jun 2023−2.9%
23 Jun 2023+1.9%
30 Jun 2023+0.1%
7 Jul 2023−2.8%
14 Jul 2023−9.0%
21 Jul 2023−6.7%
28 Jul 2023−7.2%
4 Aug 2023−5.2%
11 Aug 2023−7.7%
18 Aug 2023+0.8%
25 Aug 2023+1.0%
1 Sep 2023+0.8%
8 Sep 2023+6.4%
15 Sep 2023+2.7%
22 Sep 2023−1.9%
29 Sep 2023+2.7%
6 Oct 2023+0.9%
13 Oct 2023+1.5%
20 Oct 2023+5.3%
27 Oct 2023+3.7%
3 Nov 2023−3.0%
12 Nov 2023−2.0%
17 Nov 2023−1.5%
24 Nov 2023+4.8%
1 Dec 2023−3.6%
8 Dec 2023−12.4%
15 Dec 2023−10.3%
22 Dec 2023−11.3%
29 Dec 2023−10.2%
5 Jan 2024+1.3%
12 Jan 2024+0.9%
20 Jan 2024−3.7%
25 Jan 2024−3.3%
2 Feb 2024+5.6%
9 Feb 2024+4.8%
16 Feb 2024−6.8%
23 Feb 2024−12.0%
2 Mar 2024−0.4%
7 Mar 2024−2.7%
15 Mar 2024−9.7%
22 Mar 2024−10.0%
28 Mar 2024−17.1%
5 Apr 2024−17.3%
12 Apr 2024−13.0%
19 Apr 2024−14.4%
26 Apr 2024−11.4%
3 May 2024−8.6%
10 May 2024−12.5%
18 May 2024−11.2%
24 May 2024−9.9%
31 May 2024−14.5%
7 Jun 2024−15.4%
14 Jun 2024−1.4%
21 Jun 2024+6.8%
28 Jun 2024+32.9%
5 Jul 2024+24.1%
12 Jul 2024+26.6%
19 Jul 2024+23.9%
26 Jul 2024+20.0%
2 Aug 2024+15.1%
9 Aug 2024+19.9%
16 Aug 2024+18.4%
23 Aug 2024+25.4%
30 Aug 2024+27.2%
6 Sep 2024+24.8%
13 Sep 2024+15.4%
20 Sep 2024+8.0%
27 Sep 2024+0.4%
4 Oct 2024−3.9%
11 Oct 2024−8.3%
18 Oct 2024+8.9%
25 Oct 2024+3.9%
1 Nov 2024+4.9%
8 Nov 2024+27.3%
14 Nov 2024+32.7%
22 Nov 2024+24.5%
29 Nov 2024+19.6%
6 Dec 2024+27.2%
13 Dec 2024+28.0%
20 Dec 2024+23.3%
27 Dec 2024+9.6%
3 Jan 2025+17.1%
10 Jan 2025+8.8%
17 Jan 2025−2.8%
24 Jan 2025+2.4%
1 Feb 2025−5.6%
7 Feb 2025−19.8%
14 Feb 2025−27.2%
21 Feb 2025−26.1%
28 Feb 2025−26.4%
7 Mar 2025−24.5%
13 Mar 2025−29.9%
21 Mar 2025−21.9%
28 Mar 2025−18.9%
4 Apr 2025−11.6%
11 Apr 2025−11.2%
17 Apr 2025−10.8%
25 Apr 2025−11.6%
2 May 2025−7.2%
9 May 2025−16.9%
16 May 2025+5.2%
23 May 2025+10.6%
30 May 2025+22.0%
6 Jun 2025+18.8%
13 Jun 2025+22.7%
20 Jun 2025+10.2%
27 Jun 2025+11.4%
4 Jul 2025−2.8%
11 Jul 2025+5.1%
18 Jul 2025+4.4%
25 Jul 2025+9.1%
1 Aug 2025+9.2%
8 Aug 2025+13.5%
14 Aug 2025−2.1%
22 Aug 2025−2.3%
29 Aug 2025−6.8%
5 Sep 2025−1.9%
12 Sep 2025−2.7%
19 Sep 2025−2.2%
26 Sep 2025−5.1%
3 Oct 2025−2.4%
10 Oct 2025−3.6%
17 Oct 2025−5.8%
24 Oct 2025−0.8%
28 Oct 2025+0.9%
7 Nov 2025−4.7%
14 Nov 2025−4.1%
21 Nov 2025−7.2%
28 Nov 2025−3.7%
5 Dec 2025−10.7%
12 Dec 2025−10.7%
19 Dec 2025−10.6%
26 Dec 2025−8.7%
2 Jan 2026−11.9%
9 Jan 2026−10.1%
16 Jan 2026−9.1%
23 Jan 2026−21.9%
1 Feb 2026−20.7%
6 Feb 2026−13.3%
13 Feb 2026−10.2%
20 Feb 2026−7.6%
27 Feb 2026−4.8%
6 Mar 2026−7.2%
13 Mar 2026−6.4%
20 Mar 2026−2.1%
27 Mar 2026−2.3%
17 Apr 2026−2.8%
24 Apr 2026−2.4%
30 Apr 2026−2.5%
8 May 2026+16.7%
15 May 2026+12.2%
22 May 2026+8.3%
29 May 2026+8.2%
4 Jun 2026+5.3%
5 Jun 2026+1.4%
10 Jun 2026+3.5%
12 Jun 2026+6.7%
17 Jun 2026+2.6%
19 Jun 2026+9.1%
24 Jun 2026+7.5%
25 Jun 2026+5.5%
1 Jul 2026+4.4%
3 Jul 2026−4.1%
10 Jul 2026−3.2%
17 Jul 2026−1.4%
24 Jul 2026+0.5%
31 Jul 2026−4.6%
7 Aug 2026−0.2%
14 Aug 2026−2.6%
21 Aug 2026−2.3%
28 Aug 2026−0.7%
4 Sep 2026−1.8%
11 Sep 2026−3.5%
18 Sep 2026−4.0%
25 Sep 2026−2.4%
1 Oct 2026+2.1%
9 Oct 2026+9.5%
16 Oct 2026+11.2%
23 Oct 2026+1.5%
30 Oct 2026+8.2%
4 Nov 2026+4.3%
Each bar is one week, from 2016 to now (547 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved +311% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Vardhman Holdings this quarter?

Three changes stood out: revenue grew again in the June 2026 quarter, profit grew again in the June 2026 quarter and highest quarterly profit in 15 quarters.

  1. Revenue grew again in the June 2026 quarter

    Revenue was ₹11 crore, +266.7% on a year earlier (₹3 crore), after 4 quarters of decline.

  2. Profit grew again in the June 2026 quarter

    Profit was ₹98 crore, +55.6% on a year earlier (₹63 crore), after 4 quarters of decline.

  3. Highest quarterly profit in 15 quarters

    Profit of ₹98 crore in the June 2026 quarter is the highest of the last 15 quarters.

What are Vardhman Holdings' latest quarterly results?

For April to June 2026 (the quarter ended 30 June 2026), Vardhman Holdings reported total income of ₹11.0 crore, up 266.7% from ₹3.00 crore a year earlier, and a profit of ₹98.0 crore, up 55.6% from ₹63.0 crore.

Vardhman Holdings results: April to June 2026 against a year earlier

Vardhman Holdings results: April to June 2026 against a year earlier
MeasureApril to June 2026April to June 2025Change
Total income₹11.0 crore₹3.00 crore+266.7%
Profit₹98.0 crore₹63.0 crore+55.6%
Earnings per share₹307.32₹196.08+56.7%
Net margin890.9%2,100.0%−1,209.1 points

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Income and profit in ₹ crore.

What is the Vardhman Holdings share price history?

Vardhman Holdings closed at ₹3,449.30 on 4 November 2026, down 10.6% from ₹3,858.70 a year earlier (7 November 2025) and up 3.2% over five years. Its highest weekly close since March 2016 was ₹5,779.70 on 5 January 2018.

Vardhman Holdings share price: then and now

Vardhman Holdings share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹3,449.100.0%
1 month ago · 1 Oct 2026₹3,435.30+0.4%
6 months ago · 8 May 2026₹3,606.50−4.4%
1 year ago · 7 Nov 2025₹3,858.70−10.6%
3 years ago · 3 Nov 2023₹2,755.45+25.2%
5 years ago · 4 Nov 2021₹3,342.60+3.2%
10 years ago · 4 Nov 2016₹1,878.00+83.7%
Earliest and lowest weekly close in our records · 11 Mar 2016₹840.00+310.6%
Highest weekly close since March 2016 · 5 Jan 2018₹5,779.70−40.3%
52-week high (weekly close) · 7 Nov 2025₹3,858.70−10.6%
52-week low (weekly close) · 27 Mar 2026₹3,071.10+12.3%

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 4 November 2026.

What is the latest news on Vardhman Holdings?

4 Nov 2026: Vardhman Holdings closed at ₹3,449.30, up 0.0% on the week and up 0.4% on the month. 28 Aug 2026: ex-date for a dividend of ₹5 a share.

Earlier

  • Results for April to June 2026: Total income up 266.7% and profit up 55.6% on a year earlier.

What dividend does Vardhman Holdings pay?

Vardhman Holdings paid ₹5 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.14% at the ₹3,449.30 close on 4 November 2026. The last was a dividend of ₹5 a share, ex-date 28 August 2026.

Vardhman Holdings dividends since 1 April 2021

Vardhman Holdings dividends since 1 April 2021
Ex-dateDividend per shareType
28 Aug 2026Dividend₹5Dividend
12 Sep 2025Dividend₹5Dividend
6 Sep 2024Dividend₹5Dividend
15 Sep 2023Dividend₹5Dividend
16 Sep 2022Dividend₹5Dividend
16 Sep 2021Dividend₹5Dividend

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

5 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Vardhman Holdings Ltd paid out 1% of its profit as dividends in FY26, and it paid a dividend in 9 of its last 11 reported years.

From the NSE corporate-actions record, read 5 November 2026.

Which stock lists is Vardhman Holdings on?

Vardhman Holdings is on one of our India lists: Momentum stocks.

Is Vardhman Holdings profitable?

Vardhman Holdings Ltd earned ₹98.0 Cr of net profit in the Jun 2026 quarter, +55.6% on the same quarter a year earlier. Full-year FY26 profit was ₹216 Cr. Over 10 years profit has grown 3.1% a year on average. That is 890.9% of the quarter's revenue. The same quarter a year earlier earned ₹63.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹216 Cr (−16.3% on the year before).

FY26 profit ₹216 Cr (−16.3% on the year before), 3.1% a year over 10 years

  • Net profit ₹216
FY26 profit ₹216 Cr (−16.3% on the year before), 3.1% a year over 10 years
QuarterNet profit
FY16₹159
FY17₹303
FY18₹179
FY19₹202
FY20₹160
FY21₹130
FY22₹429
FY23₹228
FY24₹185
FY25₹258
FY26₹216

Growth on a year earlier

  • Growth on a year earlier −16.3%
Growth on a year earlier
QuarterGrowth on a year earlier
FY16–
FY1790.6%
FY18−40.9%
FY1912.8%
FY20−20.8%
FY21−18.8%
FY22230%
FY23−46.9%
FY24−18.9%
FY2539.5%
FY26−16.3%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹98.0 Cr (+55.6% on a year earlier)

  • Net profit (quarterly) ₹98.0
Jun 2026: ₹98.0 Cr (+55.6% on a year earlier)
QuarterNet profit (quarterly)
Sep 2023₹62
Dec 2023₹54
Mar 2024₹26
Jun 2024₹73
Sep 2024₹49
Dec 2024₹66
Mar 2025₹70
Jun 2025₹63
Sep 2025₹46
Dec 2025₹54
Mar 2026₹54
Jun 2026₹98

Growth on a year earlier

  • Growth on a year earlier 55.6%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 202363.6%
Mar 2024−36.6%
Jun 202465.9%
Sep 2024−21%
Dec 202422.2%
Mar 2025169.2%
Jun 2025−13.7%
Sep 2025−6.1%
Dec 2025−18.2%
Mar 2026−22.9%
Jun 202655.6%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +266.7% on a year earlier and the margin moved −1,209.1 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +2.1% and revenue +23.8%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Vardhman Holdings make, and is it growing?

Vardhman Holdings Ltd reported ₹11.0 Cr of income in the Jun 2026 quarter, +266.7% on the same quarter a year earlier. Over 10 years it has grown −0.8% a year on average. The last full year, FY26, came in at ₹12.0 Cr. The last four reported quarters add to ₹20.0 Cr.

For a bank, revenue is everything it earns: interest on its loans plus fees and other income.

FY26 revenue was ₹12.0 Cr, −47.8% on the year before.

FY26 revenue ₹12.0 Cr (−47.8% on the year before), −0.8% a year over 10 years

  • Revenue ₹12.0
FY26 revenue ₹12.0 Cr (−47.8% on the year before), −0.8% a year over 10 years
QuarterRevenue
FY16₹13
FY17₹70
FY18₹28
FY19₹9
FY20₹12
FY21₹20
FY22₹33
FY23₹6
FY24₹15
FY25₹23
FY26₹12

Growth on a year earlier

  • Growth on a year earlier −47.8%
Growth on a year earlier
QuarterGrowth on a year earlier
FY16–
FY17438.5%
FY18−60%
FY19−67.9%
FY2033.3%
FY2166.7%
FY2265%
FY23−81.8%
FY24150%
FY2553.3%
FY26−47.8%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹11.0 Cr (+266.7% on a year earlier)

  • Revenue (quarterly) ₹11.0
Jun 2026: ₹11.0 Cr (+266.7% on a year earlier)
QuarterRevenue (quarterly)
Sep 2023₹30
Dec 2023₹8
Mar 2024₹0
Jun 2024₹7
Sep 2024₹7
Dec 2024₹7
Mar 2025₹2
Jun 2025₹3
Sep 2025₹3
Dec 2025₹6
Mar 2026₹0
Jun 2026₹11

Growth on a year earlier

  • Growth on a year earlier 266.7%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 2023100%
Mar 2024–
Jun 202416.7%
Sep 2024−76.7%
Dec 2024−12.5%
Mar 2025–
Jun 2025−57.1%
Sep 2025−57.1%
Dec 2025−14.3%
Mar 2026−100%
Jun 2026266.7%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +23.8% on average, against −0.8% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +5.3%, against −33.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +1.6%, against +8.3% a year (rolling over).

How much does Vardhman Holdings keep from what it earns?

Vardhman Holdings Ltd's net margin was 890.9% in the Jun 2026 quarter, 1,209.1 percentage points lower than the same quarter a year ago. Across 11 years it has been between 432.9% and 3,800.0%. The latest quarter is within that range.

Net margin is what the bank keeps from every ₹100 of revenue after every cost, provision for bad loans and tax. It is the clearest single margin we can read for a lender.

Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

FY26: 1,800.0%, within a range of 432.9% to 3,800.0% over 11 years

  • Net margin 1,800.0%
FY26: 1,800.0%, within a range of 432.9% to 3,800.0% over 11 years
QuarterNet margin
FY161,223.1%
FY17432.9%
FY18639.3%
FY192,244.4%
FY201,333.3%
FY21650%
FY221,300%
FY233,800%
FY241,233.3%
FY251,121.7%
FY261,800%

Change on the year before (points)

  • Change on the year before (points) +678.3 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY16–
FY17−790.2 pts
FY18+206.4 pts
FY19+1,605.1 pts
FY20−911.1 pts
FY21−683.3 pts
FY22+650.0 pts
FY23+2,500.0 pts
FY24−2,566.7 pts
FY25−111.6 pts
FY26+678.3 pts
Net margin each year, % (top). Below: change on the year before, in percentage points. 11-year window.

Jun 2026: net margin 890.9% (−1,209.1 points on a year earlier)

  • Net margin 890.9%
Jun 2026: net margin 890.9% (−1,209.1 points on a year earlier)
QuarterNet margin
Sep 2023206.7%
Dec 2023675%
Mar 2024–
Jun 20241,042.9%
Sep 2024700%
Dec 2024942.9%
Mar 20253,500%
Jun 20252,100%
Sep 20251,533.3%
Dec 2025900%
Mar 2026–
Jun 2026890.9%

Change on a year earlier (points)

  • Change on a year earlier (points) −1,209.1 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023–
Dec 2023−150.0 pts
Mar 2024–
Jun 2024+309.6 pts
Sep 2024+493.3 pts
Dec 2024+267.9 pts
Mar 2025–
Jun 2025+1,057.1 pts
Sep 2025+833.3 pts
Dec 2025−42.9 pts
Mar 2026–
Jun 2026−1,209.1 pts
Top: quarterly net margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Net profit as a share of total revenue, each quarter.

How many of Vardhman Holdings' loans have gone bad?

Vardhman Holdings Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report.

Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.

Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up.

How fast is Vardhman Holdings' loan book growing?

Vardhman Holdings Ltd's revenue was ₹12.0 Cr in FY26, −47.8% on the year before, so the loan book is not growing. The latest quarter was +266.7% on a year earlier. The net margin on that income is 890.9%, −1,209.1 percentage points on a year ago.

We read the loan book through revenue: when the book grows, revenue grows with it. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.

Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year.

FY26: revenue ₹12.0 Cr (−47.8% on the year before), net margin 1,800.0%

  • Revenue ₹12.0
FY26: revenue ₹12.0 Cr (−47.8% on the year before), net margin 1,800.0%
QuarterRevenue
FY16₹13
FY17₹70
FY18₹28
FY19₹9
FY20₹12
FY21₹20
FY22₹33
FY23₹6
FY24₹15
FY25₹23
FY26₹12

Net margin

  • Net margin 1,800%
Net margin
QuarterNet margin
FY161,223.1%
FY17432.9%
FY18639.3%
FY192,244.4%
FY201,333.3%
FY21650%
FY221,300%
FY233,800%
FY241,233.3%
FY251,121.7%
FY261,800%
Top: revenue each year, ₹ Cr. Below: net margin, %. 11-year window. A grey bar is lower than the year before.

In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses.

What is Vardhman Holdings' P/BV ratio, and how does it compare with its own history?

Vardhman Holdings Ltd's P/BV is 0.3×, near the low end of its own history: it has been lower only 17% of the time. Its usual P/BV (the middle reading) is 0.3×, over 9.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many rupees the market pays for each ₹1 of that net worth. Below 1× means the market values it at less than its net worth.

Why the multiple is low: this lender earns about 6% a year on its equity. A lender that earns less on its net worth is valued lower for each rupee of it, and that gap usually closes only if returns improve.

P/BV 0.3× against a usual 0.3×: near the low end of its own history: it has been lower only 17% of the time

  • P/BV 0.30×
  • Median 0.30×
P/BV 0.3× against a usual 0.3×: near the low end of its own history: it has been lower only 17% of the time
WeekP/BVMedian
1 Sep 20170.70×0.30×
22 Sep 20170.70×0.30×
13 Oct 20170.70×0.30×
3 Nov 20170.70×0.30×
24 Nov 20170.80×0.30×
15 Dec 20170.80×0.30×
12 Jan 20180.90×0.30×
2 Feb 20180.90×0.30×
23 Feb 20180.90×0.30×
16 Mar 20180.90×0.30×
6 Apr 20180.80×0.30×
27 Apr 20180.80×0.30×
18 May 20180.80×0.30×
8 Jun 20180.60×0.30×
29 Jun 20180.60×0.30×
20 Jul 20180.60×0.30×
10 Aug 20180.60×0.30×
31 Aug 20180.60×0.30×
21 Sep 20180.50×0.30×
12 Oct 20180.40×0.30×
2 Nov 20180.40×0.30×
22 Nov 20180.40×0.30×
14 Dec 20180.40×0.30×
4 Jan 20190.40×0.30×
25 Jan 20190.40×0.30×
15 Feb 20190.30×0.30×
8 Mar 20190.40×0.30×
29 Mar 20190.40×0.30×
18 Apr 20190.40×0.30×
10 May 20190.40×0.30×
31 May 20190.40×0.30×
21 Jun 20190.30×0.30×
12 Jul 20190.30×0.30×
2 Aug 20190.20×0.30×
23 Aug 20190.30×0.30×
13 Sep 20190.30×0.30×
4 Oct 20190.20×0.30×
27 Oct 20190.20×0.30×
15 Nov 20190.20×0.30×
6 Dec 20190.20×0.30×
27 Dec 20190.20×0.30×
17 Jan 20200.20×0.30×
7 Feb 20200.20×0.30×
28 Feb 20200.20×0.30×
20 Mar 20200.10×0.30×
9 Apr 20200.20×0.30×
30 Apr 20200.20×0.30×
22 May 20200.20×0.30×
12 Jun 20200.20×0.30×
3 Jul 20200.20×0.30×
24 Jul 20200.20×0.30×
14 Aug 20200.20×0.30×
4 Sep 20200.20×0.30×
25 Sep 20200.20×0.30×
16 Oct 20200.20×0.30×
6 Nov 20200.20×0.30×
27 Nov 20200.20×0.30×
18 Dec 20200.20×0.30×
8 Jan 20210.20×0.30×
29 Jan 20210.20×0.30×
19 Feb 20210.20×0.30×
12 Mar 20210.30×0.30×
1 Apr 20210.30×0.30×
23 Apr 20210.20×0.30×
14 May 20210.30×0.30×
4 Jun 20210.40×0.30×
25 Jun 20210.40×0.30×
16 Jul 20210.50×0.30×
6 Aug 20210.50×0.30×
27 Aug 20210.40×0.30×
17 Sep 20210.40×0.30×
8 Oct 20210.40×0.30×
29 Oct 20210.40×0.30×
18 Nov 20210.40×0.30×
10 Dec 20210.40×0.30×
31 Dec 20210.40×0.30×
21 Jan 20220.50×0.30×
11 Feb 20220.50×0.30×
4 Mar 20220.40×0.30×
25 Mar 20220.50×0.30×
13 Apr 20220.50×0.30×
6 May 20220.50×0.30×
27 May 20220.40×0.30×
17 Jun 20220.40×0.30×
8 Jul 20220.40×0.30×
29 Jul 20220.40×0.30×
19 Aug 20220.40×0.30×
9 Sep 20220.40×0.30×
30 Sep 20220.30×0.30×
21 Oct 20220.30×0.30×
11 Nov 20220.30×0.30×
2 Dec 20220.30×0.30×
23 Dec 20220.30×0.30×
13 Jan 20230.30×0.30×
3 Feb 20230.30×0.30×
24 Feb 20230.30×0.30×
17 Mar 20230.30×0.30×
6 Apr 20230.30×0.30×
28 Apr 20230.30×0.30×
19 May 20230.30×0.30×
9 Jun 20230.30×0.30×
30 Jun 20230.30×0.30×
21 Jul 20230.30×0.30×
11 Aug 20230.30×0.30×
1 Sep 20230.30×0.30×
22 Sep 20230.30×0.30×
13 Oct 20230.30×0.30×
3 Nov 20230.30×0.30×
24 Nov 20230.30×0.30×
15 Dec 20230.30×0.30×
5 Jan 20240.30×0.30×
25 Jan 20240.30×0.30×
16 Feb 20240.30×0.30×
7 Mar 20240.30×0.30×
28 Mar 20240.30×0.30×
19 Apr 20240.30×0.30×
10 May 20240.30×0.30×
31 May 20240.30×0.30×
21 Jun 20240.30×0.30×
12 Jul 20240.40×0.30×
2 Aug 20240.40×0.30×
23 Aug 20240.40×0.30×
13 Sep 20240.40×0.30×
4 Oct 20240.40×0.30×
25 Oct 20240.40×0.30×
14 Nov 20240.50×0.30×
6 Dec 20240.50×0.30×
27 Dec 20240.40×0.30×
17 Jan 20250.40×0.30×
7 Feb 20250.30×0.30×
28 Feb 20250.30×0.30×
21 Mar 20250.30×0.30×
11 Apr 20250.30×0.30×
2 May 20250.30×0.30×
23 May 20250.40×0.30×
13 Jun 20250.40×0.30×
4 Jul 20250.40×0.30×
25 Jul 20250.40×0.30×
14 Aug 20250.40×0.30×
5 Sep 20250.40×0.30×
26 Sep 20250.30×0.30×
17 Oct 20250.30×0.30×
7 Nov 20250.30×0.30×
28 Nov 20250.30×0.30×
19 Dec 20250.30×0.30×
9 Jan 20260.30×0.30×
1 Feb 20260.30×0.30×
20 Feb 20260.30×0.30×
13 Mar 20260.30×0.30×
2 Apr 20260.30×0.30×
24 Apr 20260.30×0.30×
15 May 20260.30×0.30×
4 Jun 20260.30×0.30×
12 Jun 20260.30×0.30×
24 Jun 20260.30×0.30×
3 Jul 20260.30×0.30×
24 Jul 20260.30×0.30×
14 Aug 20260.30×0.30×
4 Sep 20260.30×0.30×
25 Sep 20260.30×0.30×
16 Oct 20260.30×0.30×
30 Oct 20260.30×0.30×

Book value per share

  • Book value per share ₹11,497
Book value per share
WeekBook value per share
1 Sep 2017–
22 Sep 2017₹4,689
13 Oct 2017₹4,689
3 Nov 2017₹4,689
24 Nov 2017₹4,689
15 Dec 2017₹4,689
12 Jan 2018₹5,065
2 Feb 2018₹5,065
23 Feb 2018₹5,065
16 Mar 2018₹5,065
6 Apr 2018₹4,705
27 Apr 2018₹4,705
18 May 2018₹4,705
8 Jun 2018₹4,705
29 Jun 2018₹4,779
20 Jul 2018₹4,779
10 Aug 2018₹4,779
31 Aug 2018₹4,779
21 Sep 2018₹5,688
12 Oct 2018₹5,688
2 Nov 2018₹5,688
22 Nov 2018₹5,688
14 Dec 2018₹5,688
4 Jan 2019₹5,659
25 Jan 2019₹5,659
15 Feb 2019₹5,659
8 Mar 2019₹5,659
29 Mar 2019₹5,214
18 Apr 2019₹5,214
10 May 2019₹5,214
31 May 2019₹5,214
21 Jun 2019₹6,434
12 Jul 2019₹6,434
2 Aug 2019₹6,434
23 Aug 2019₹6,434
13 Sep 2019₹6,434
4 Oct 2019₹5,351
27 Oct 2019₹5,351
15 Nov 2019₹5,351
6 Dec 2019₹5,351
27 Dec 2019₹6,286
17 Jan 2020₹6,286
7 Feb 2020₹6,286
28 Feb 2020₹6,286
20 Mar 2020₹8,556
9 Apr 2020₹8,556
30 Apr 2020₹8,556
22 May 2020₹8,556
12 Jun 2020₹8,556
3 Jul 2020₹6,045
24 Jul 2020₹6,045
14 Aug 2020₹6,045
4 Sep 2020₹6,045
25 Sep 2020₹6,232
16 Oct 2020₹6,232
6 Nov 2020₹6,232
27 Nov 2020₹6,232
18 Dec 2020₹7,102
8 Jan 2021₹7,102
29 Jan 2021₹7,102
19 Feb 2021₹7,102
12 Mar 2021₹7,102
1 Apr 2021₹5,906
23 Apr 2021₹5,906
14 May 2021₹5,906
4 Jun 2021₹5,906
25 Jun 2021₹6,246
16 Jul 2021₹6,246
6 Aug 2021₹6,246
27 Aug 2021₹6,246
17 Sep 2021₹7,605
8 Oct 2021₹7,605
29 Oct 2021₹7,605
18 Nov 2021₹7,605
10 Dec 2021₹7,605
31 Dec 2021₹7,455
21 Jan 2022₹7,455
11 Feb 2022₹7,455
4 Mar 2022₹7,455
25 Mar 2022₹7,532
13 Apr 2022₹7,532
6 May 2022₹7,532
27 May 2022₹7,532
17 Jun 2022₹6,697
8 Jul 2022₹6,697
29 Jul 2022₹6,697
19 Aug 2022₹6,697
9 Sep 2022₹6,697
30 Sep 2022₹10,681
21 Oct 2022₹10,681
11 Nov 2022₹10,681
2 Dec 2022₹10,681
23 Dec 2022₹9,766
13 Jan 2023₹9,766
3 Feb 2023₹9,766
24 Feb 2023₹9,766
17 Mar 2023₹9,766
6 Apr 2023₹8,535
28 Apr 2023₹8,535
19 May 2023₹8,535
9 Jun 2023₹8,535
30 Jun 2023₹9,641
21 Jul 2023₹9,641
11 Aug 2023₹9,641
1 Sep 2023₹9,641
22 Sep 2023₹10,209
13 Oct 2023₹10,209
3 Nov 2023₹10,209
24 Nov 2023₹10,209
15 Dec 2023₹10,209
5 Jan 2024₹10,505
25 Jan 2024₹10,505
16 Feb 2024₹10,505
7 Mar 2024₹10,505
28 Mar 2024₹9,376
19 Apr 2024₹9,376
10 May 2024₹9,376
31 May 2024₹9,376
21 Jun 2024₹10,108
12 Jul 2024₹10,108
2 Aug 2024₹10,108
23 Aug 2024₹10,108
13 Sep 2024₹10,108
4 Oct 2024₹10,780
25 Oct 2024₹10,780
14 Nov 2024₹10,780
6 Dec 2024₹10,780
27 Dec 2024₹10,974
17 Jan 2025₹10,974
7 Feb 2025₹10,974
28 Feb 2025₹10,974
21 Mar 2025₹11,143
11 Apr 2025₹11,143
2 May 2025₹11,143
23 May 2025₹11,143
13 Jun 2025₹11,143
4 Jul 2025₹10,209
25 Jul 2025₹10,209
14 Aug 2025₹10,209
5 Sep 2025₹10,209
26 Sep 2025₹12,554
17 Oct 2025₹12,554
7 Nov 2025₹12,554
28 Nov 2025₹12,554
19 Dec 2025₹11,980
9 Jan 2026₹11,980
1 Feb 2026₹11,980
20 Feb 2026₹11,980
13 Mar 2026₹11,980
2 Apr 2026₹10,237
24 Apr 2026₹10,237
15 May 2026₹10,237
4 Jun 2026₹10,237
12 Jun 2026₹10,237
24 Jun 2026₹11,875
3 Jul 2026₹11,875
24 Jul 2026₹11,875
14 Aug 2026₹11,875
4 Sep 2026₹11,875
25 Sep 2026₹11,194
16 Oct 2026₹11,194
30 Oct 2026₹11,497
Top: P/BV each week. Below: book value per share, a step line that moves once a quarter; 9.2 years of history; short peaks above 0.9× are drawn at the top edge.
0.3×P/BV · lower than 83% of its last 9.2 years

Why the multiple is where it is: over the past year book value grew while the price moved −10.6%. Price and book value moved together, so the multiple stayed in its range.

Where the price move came from: over 5 years the price moved +0.6% a year; about +7.3% a year came from book-value growth and about −6.7 percentage points from the multiple (the market paying less). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the book value trend underneath matters more than the multiple.

A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 12% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

Is the Vardhman Holdings business getting better or worse?

Vardhman Holdings Ltd's business is giving mixed signals. Revenue growth is rising from its low at +5.3% while eps growth is falling at +1.6%, so the lines disagree and each one tells part of the story. This is based on 8 quarters of 3 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −47.8% in FY26, profit −16.3%

  • Revenue growth −47.8%
Growth year by year: revenue −47.8% in FY26, profit −16.3%
QuarterRevenue growth
FY16–
FY17438.5%
FY18−60%
FY19−67.9%
FY2033.3%
FY2166.7%
FY2265%
FY23−81.8%
FY24150%
FY2553.3%
FY26−47.8%

Profit growth, EPS growth

  • Profit growth −16.3%
  • EPS growth −16.3%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY16––
FY1790.6%91.2%
FY18−40.9%−41.1%
FY1912.8%13%
FY20−20.8%−20.9%
FY21−18.8%−18.9%
FY22230%231.3%
FY23−46.9%−46.8%
FY24−18.9%−19.1%
FY2539.5%39.6%
FY26−16.3%−16.3%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue accelerating, profit rolling over

  • Revenue 5.3%
Three growth lines over twelve quarters: revenue accelerating, profit rolling over
QuarterRevenue
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024−37.1%
Dec 2024−46.2%
Mar 2025−47.7%
Jun 2025−57.8%
Sep 2025−31.8%
Dec 2025−33.3%
Mar 2026−47.8%
Jun 20265.3%

Profit, EPS

  • Profit 1.6%
  • EPS 1.6%
Profit, EPS
QuarterProfitEPS
Sep 2023––
Dec 2023––
Mar 2024––
Jun 2024––
Sep 202412.2%12.3%
Dec 20246.5%6.9%
Mar 202538.7%39.5%
Jun 202515.3%15.5%
Sep 202521.3%21.1%
Dec 20258.9%8.6%
Mar 2026−15.9%−16.3%
Jun 20261.6%1.6%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.
RecoveringRevenue growth · latest +5.3%, range −57.8% to +5.3%
FallingProfit growth · latest +1.6%, range −15.9% to +38.7%
FallingEPS growth · latest +1.6%, range −16.3% to +39.5%

Why it matters: when the lines disagree, each line above matters more than any single label.

The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−47.8%+26.0%−9.7%−0.8%
Profit−16.3%−1.8%+10.7%+3.1%
EPS−16.3%−1.8%+10.8%+3.1%
Share price−10.6%+7.8%+0.6%+6.3%
+266.7%Revenue growth (Jun 2026) · latest quarter against a year ago
+55.6%Profit growth (Jun 2026) · latest quarter against a year ago
−0.8%Revenue, 10 years · yearly growth over the long run

How much does Vardhman Holdings earn on its equity and assets?

We do not have a clean yearly return-on-equity history for Vardhman Holdings Ltd. For an insurer in particular, the usual bank ratios do not fit, so this page does not force them or estimate a series. The revenue, margin and ownership sections show what this company does report.

Two numbers usually rate a lender: ROE, what it earns on shareholders’ money, and ROA, what it earns on all its assets.

The quarterly return-on-equity and return-on-assets curves, which only the second data source has, are not shown on this page: its two data sources disagree by up to 12% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

Does Vardhman Holdings have too much debt?

For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead.

For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here.

What is the Vardhman Holdings shareholding pattern?

No group of Vardhman Holdings Ltd's owners changed its stake by a full percentage point over the last two years. Promoters moved +0.0 points over the same period, to 74.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: −0.1 points over 8 quarters, to 0.1%; Promoters: +0.0 points over 8 quarters, to 74.9%; Foreign institutions: +0.0 points over 8 quarters, to 0.1%.

Year ends: domestic institutions −0.5 points from Mar 2024 to Mar 2026

  • Promoters 74.9%
  • Foreign inst. 0.05%
  • Domestic inst. 0.07%
  • Public 24.99%
Year ends: domestic institutions −0.5 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202474.9%0.03%0.56%24.51%
Mar 202574.9%0.06%0.06%24.98%
Mar 202674.9%0.05%0.07%24.99%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

No owner group moved a full point in two years

  • Promoters 74.9%
  • Foreign inst. 0.05%
  • Domestic inst. 0.06%
  • Public 24.99%
No owner group moved a full point in two years
QuarterPromotersForeign inst.Domestic inst.Public
Sep 202374.9%0.03%0.96%24.1%
Dec 202374.9%0.03%0.97%24.1%
Mar 202474.9%0.03%0.56%24.51%
Jun 202474.9%0.06%0.53%24.51%
Sep 202474.9%0.06%0.13%24.9%
Dec 202474.9%0.07%0.06%24.98%
Mar 202574.9%0.06%0.06%24.98%
Jun 202574.9%0.06%0.06%24.99%
Sep 202574.9%0.05%0.06%24.99%
Dec 202574.9%0.05%0.07%24.99%
Mar 202674.9%0.05%0.07%24.99%
Jun 202674.9%0.05%0.07%24.99%
Sep 202674.9%0.05%0.06%24.99%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Vardhman Holdings from balance-sheet trouble?

For Vardhman Holdings Ltd, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Vardhman Holdings rank in its industry?

41.7 out of 100, rank 13 of 18 in Finance - Holding Company, with 58% of the evidence available.

Vardhman Holdings Ltd scores 41.7 out of 100 against the 18 companies it is compared with in Finance - Holding Company, ranking 13. Some evidence is missing, so the score is pulled toward the middle on purpose.

The four parts add up to the total exactly: 12.9 + 8.6 + 8 + 12.2 = 41.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector.

Which companies is Vardhman Holdings compared with?

Vardhman Holdings ranks 13 of 18 Finance - Holding Company companies on the 4-Factor Sector Score, with 41.7 out of 100.

  1. 1Jindal Poly Investment & Finance Company LtdJPOLYINVST · quiet · Most evidence points up · 69% evidence69.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.1/35 · Income 100% · Profit 100% · 75% evidenceCapital efficiency 20.7/25 · ROA 47.9% · ROE 54.8% · GNPA — · 72% evidenceValuation 14.0/20 · P/BV 0.58× · P/BV÷ROE 0.01 · 100% evidenceRelative strength 8.1/20 · Lead over its industry — · Lead over NIFTY 500 -11.2% · 1 year -10.3% · 25% evidence · 0 of 12 weeks aheadExact sum: 27.1 + 20.7 + 14 + 8.1 = 69.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Kama Holdings LtdKAMAHOLD · basing · Most evidence points up · 69% evidence69.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.1/35 · Income 12.9% · Profit 50.8% · 75% evidenceCapital efficiency 18.1/25 · ROA 7.3% · ROE 12.6% · GNPA — · 72% evidenceValuation 18.2/20 · P/BV 0.86× · P/BV÷ROE 0.07 · 100% evidenceRelative strength 8.7/20 · Lead over its industry — · Lead over NIFTY 500 -10.2% · 1 year -29.4% · 25% evidence · 0 of 12 weeks aheadExact sum: 24.1 + 18.1 + 18.2 + 8.7 = 69.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Alembic LtdALEMBICLTD · losing its lead · Evidence leans up · 84% evidence62.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 10.3/35 · Income 8.1% · Profit 1.3% · 75% evidenceCapital efficiency 18.3/25 · ROA 12.2% · ROE 13% · GNPA — · 72% evidenceValuation 16.3/20 · P/BV 0.92× · P/BV÷ROE 0.07 · 100% evidenceRelative strength 17.3/20 · Lead over its industry 3.6% · Lead over NIFTY 500 -2% · 1 year -12.3% · 100% evidence · 9 of 12 weeks aheadExact sum: 10.3 + 18.3 + 16.3 + 17.3 = 62.2 · What this means: Relative strength against the index is -2%, and revenue and profit growth are weak.
  4. 4Cholamandalam Financial Holdings LtdCHOLAHLDNG · basing · Evidence leans up · 76% evidence61.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.7/35 · Income 17.5% · Profit 24.3% · 55% evidenceCapital efficiency 18.6/25 · ROA 2.2% · ROE 17.5% · GNPA — · 68% evidenceValuation 17.0/20 · P/BV 1.64× · P/BV÷ROE 0.09 · 100% evidenceRelative strength 6.4/20 · Lead over its industry -6.8% · Lead over NIFTY 500 -12.1% · 1 year -29.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 19.7 + 18.6 + 17 + 6.4 = 61.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5TVS Holdings LtdTVSHLTD · quiet · Evidence leans up · 75% evidence56.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.1/35 · Income 35% · Profit 48.9% · 52% evidenceCapital efficiency 13.6/25 · ROA 0.4% · ROE 30.6% · GNPA — · 68% evidenceValuation 10.8/20 · P/BV 3.68× · P/BV÷ROE 0.12 · 100% evidenceRelative strength 7.5/20 · Lead over its industry -2.7% · Lead over NIFTY 500 -5.9% · 1 year -19.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 24.1 + 13.6 + 10.8 + 7.5 = 56 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Bajaj Finserv LtdBAJAJFINSV · quiet · Evidence leans up · 73% evidence52.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.9/35 · Income 14.7% · Profit 10.5% · 45% evidenceCapital efficiency 18.1/25 · ROA 4.9% · ROE 13.2% · GNPA — · 68% evidenceValuation 8.7/20 · P/BV 3.43× · P/BV÷ROE 0.26 · 100% evidenceRelative strength 8.5/20 · Lead over its industry -1.8% · Lead over NIFTY 500 -7.1% · 1 year -20.1% · 100% evidence · 7 of 12 weeks aheadExact sum: 16.9 + 18.1 + 8.7 + 8.5 = 52.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Bajaj Holdings & Investment LtdBAJAJHLDNG · quiet · Too little evidence to rank firmly · 58% evidence51.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.5/35 · Income 30.3% · Profit 5.6% · 45% evidenceCapital efficiency 12.0/25 · ROA 0.6% · ROE 11.9% · GNPA — · 68% evidenceValuation 10.9/20 · P/BV 1.55× · P/BV÷ROE 0.13 · 100% evidenceRelative strength 11.1/20 · Lead over its industry — · Lead over NIFTY 500 -0.6% · 1 year -17% · 25% evidence · 9 of 12 weeks aheadExact sum: 17.5 + 12 + 10.9 + 11.1 = 51.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  8. 8Rane Holdings LtdRANEHOLDIN · quiet · Too little evidence to rank firmly · 58% evidence48.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.7/35 · Income 25.8% · Profit -50.8% · 45% evidenceCapital efficiency 14.3/25 · ROA 4% · ROE 7% · GNPA — · 68% evidenceValuation 6.7/20 · P/BV 1.78× · P/BV÷ROE 0.25 · 100% evidenceRelative strength 12.5/20 · Lead over its industry — · Lead over NIFTY 500 6.1% · 1 year -6.9% · 25% evidence · 5 of 12 weeks aheadExact sum: 14.7 + 14.3 + 6.7 + 12.5 = 48.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  9. 9Tata Investment Corporation LtdTATAINVEST · quiet · Evidence leans down · 84% evidence47.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.5/35 · Income 31.6% · Profit 31.4% · 75% evidenceCapital efficiency 11.9/25 · ROA 1.3% · ROE 1.4% · GNPA — · 72% evidenceValuation 4.0/20 · P/BV 0.97× · P/BV÷ROE 0.67 · 100% evidenceRelative strength 5.9/20 · Lead over its industry -6.1% · Lead over NIFTY 500 -11.2% · 1 year -29.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 25.5 + 11.9 + 4 + 5.9 = 47.3 · What this means: Earnings are strong; relative strength in its sector is -6.1% and the one-year return is -29.6%.
  10. 10JSW Holdings LtdJSWHL · turning · Evidence leans down · 82% evidence46.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.3/35 · Income 55.8% · Profit 61.6% · 86% evidenceCapital efficiency 8.1/25 · ROA 0.5% · ROE 0.5% · GNPA — · 72% evidenceValuation 4.4/20 · P/BV 0.34× · P/BV÷ROE 0.74 · 70% evidenceRelative strength 6.9/20 · Lead over its industry -15.1% · Lead over NIFTY 500 -19.7% · 1 year -33.5% · 100% evidence · 3 of 12 weeks aheadExact sum: 27.3 + 8.1 + 4.4 + 6.9 = 46.7 · What this means: Earnings are strong; relative strength in its sector is -15.1% and the one-year return is -33.5%.
  11. 11Max India LtdMAXIND · quiet · Too little evidence to rank firmly · 52% evidence44.9out of 100GrowthCapitalValuationRelative
  12. 12Godrej Industries LtdGODREJIND · quiet · Evidence leans down · 73% evidence44.0out of 100GrowthCapitalValuationRelative
  13. 13Vardhman Holdings Ltd this pageVHL · breaking out · Too little evidence to rank firmly · 58% evidence41.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 12.9/35 · Income 5.3% · Profit 1.6% · 45% evidenceCapital efficiency 8.6/25 · ROA 0.2% · ROE 5.9% · GNPA — · 68% evidenceValuation 8.0/20 · P/BV 0.29× · P/BV÷ROE 0.05 · 100% evidenceRelative strength 12.2/20 · Lead over its industry — · Lead over NIFTY 500 4.6% · 1 year -16.9% · 25% evidence · 4 of 12 weeks aheadExact sum: 12.9 + 8.6 + 8 + 12.2 = 41.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  14. 14Kalyani Investment Company LtdKICL · quiet · Too little evidence to rank firmly · 54% evidence31.7out of 100GrowthCapitalValuationRelative
  15. 15Maharashtra Scooters LtdMAHSCOOTER · quiet · Most evidence points down · 73% evidence31.1out of 100GrowthCapitalValuationRelative
  16. 16Max Financial Services LtdMFSL · quiet · Most evidence points down · 88% evidence30.9out of 100GrowthCapitalValuationRelative
  17. 17Pilani Investment & Industries Corporation LtdPILANIINVS · basing · Most evidence points down · 69% evidence30.2out of 100GrowthCapitalValuationRelative
  18. 18Elcid Investments LtdToo little evidence to rank firmly · 30% evidence43.8out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Finance - Holding Company, all 18 compared on one page.

Which companies are close to Vardhman Holdings in size?

Vardhman Holdings is the 16th largest of 18 Finance - Holding Company companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Alembic, Rane Holdings, Elcid Investments and Kalyani Investment Company. Just below it: Jindal Poly Investment & Finance Company and Max India.

Finance - Holding Company companies close in size

  1. Alembic Ltd ₹2,240 crore
  2. Rane Holdings Ltd ₹2,053 crore
  3. Elcid Investments Ltd ₹2,000 crore
  4. Kalyani Investment Company Ltd ₹1,897 crore
  5. Vardhman Holdings Ltd ₹1,100 crore
  6. Jindal Poly Investment & Finance Company Ltd ₹928 crore
  7. Max India Ltd ₹829 crore

All 18 Finance - Holding Company companies, largest first

Companies close in size in other industries

  1. Nupur Recyclers Ltd ₹1,105 crore · Trading
  2. K.P. Energy Ltd ₹1,104 crore · Engineering - Turnkey Services
  3. Vardhman Holdings Ltd ₹1,100 crore
  4. Shree Refrigerations Ltd ₹1,097 crore · Engineering - Light - General
  5. Safe Enterprises Retail Fixtures Ltd ₹1,095 crore · Steel

What else do people ask about Vardhman Holdings?

What were Vardhman Holdings's latest quarterly results?

Vardhman Holdings Ltd reported total income of ₹11.0 Cr and net profit of ₹98.0 Cr for the Jun 2026 quarter. Income rose 266.7% and profit rose 55.6% compared with a year earlier. Earnings per share were ₹307.32.

The net margin was 890.9%, 1,209.1 percentage points lower than a year earlier (as of 4 November 2026).

What is Vardhman Holdings's market cap?

Vardhman Holdings Ltd's market capitalisation is ₹1,100 Cr at a share price of ₹3,449.30. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Vardhman Holdings performing?

Vardhman Holdings Ltd's share price has been moving sideways for 4 weeks. In its latest quarter, income rose 266.7% and profit rose 55.6% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 6 weeks running (as of 4 November 2026).

Will Vardhman Holdings's share price go up?

This page does not forecast Vardhman Holdings Ltd's share price. What it shows instead: the share price is ₹3,449.30, and it has been moving sideways for 4 weeks. Its P/BV of 0.3× is higher than 17% of its own last 9 years (as of 4 November 2026).

Who owns Vardhman Holdings?

Promoters own 74.9% of Vardhman Holdings Ltd, foreign institutions 0.1%, domestic institutions 0.1% and the public 25.0% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 4 November 2026).

Where is Vardhman Holdings in its business cycle?

Vardhman Holdings Ltd's FY26 net margin was 1,800.0%, against a 11-year range of 432.9% to 3,800.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 890.9%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Vardhman Holdings story?

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Vardhman Holdings a stock worth studying right now?

What the numbers show: Vardhman Holdings Ltd's results are improving, while its P/BV is near the low end of its own history over 9.2 years, higher than only 17% of past readings. The main open question: the next one or two quarters of results.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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