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Vedant Fashions share price today

Vedant Fashions Ltd · NSE: MANYAVAR · Textiles - Readymade Apparel · price as of the 4 November 2026 close, updated every trading day · results updated weekly · research updated 27 July 2026

Vedant Fashions share price today: ₹496.80 at the NSE close on 4 November 2026, down 22.3% in a year. Vedant Fashions (NSE: MANYAVAR) is worth ₹12,060 crore, trades at a P/E of 31.2 and has closed between ₹342.40 and ₹639.50 over the past 52 weeks. Latest change: foreign funds (FIIs) cut their stake for 7 quarters in a row.

Getting worseBusiness trend from the last 12 quarters
₹496.80Price −22.3% in a year
31.2×P/E lower than 86% of the last 4.7 years
₹301 CrRevenue (Jun 2026) +7.1% on a year ago
₹81.0 CrProfit (Jun 2026) +15.7% on a year ago
43.0%Operating margin flat on a year ago
23%ROCE FY26
18.8%ROIC against a 12.0% cost of capital: +6.8 points

Vedant Fashions Ltd's results are improving, while its P/E is near the low end of its own history over 4.7 years, higher than only 14% of past readings.

The main question: foreign institutions moved −2.2 percentage points over 8 quarters while the business went the other way.

The price has been rising for 6 weeks, and the P/E is lower than 86% of its own last 4.7 years. Over the last four quarters, results have been improving, with profit +15.7% on a year earlier, and 115% of the last 3 years' profit came in as cash. What will decide it: whether the owners’ moves turn back in line with the business.

What is the Vedant Fashions share price today?

Vedant Fashions Ltd's share price was ₹496.80 at the close on 4 November 2026. It has been rising for 6 weeks. That is 2.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹342 and ₹640, and at that close it sat 52% 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 Vedant Fashions Ltd is in stage 2. 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 14 weeks in a row.

1Y

Nov 2026: ₹497, 2.7% below its 200-day average. The price has been rising for 6 weeks.

  • Price ₹497
  • 50-day avg ₹507
  • 200-day avg ₹510
Nov 2026: ₹497, 2.7% below its 200-day average. The price has been rising for 6 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹646₹709₹824
7 Nov 2025₹640₹699₹817
14 Nov 2025₹627₹686₹808
21 Nov 2025₹608₹673₹799
28 Nov 2025₹608₹662₹789
5 Dec 2025₹597₹651₹780
12 Dec 2025₹596₹641₹771
19 Dec 2025₹598₹633₹763
26 Dec 2025₹579₹625₹756
2 Jan 2026₹580₹617₹747
9 Jan 2026₹540₹606₹738
16 Jan 2026₹528₹596₹730
23 Jan 2026₹485₹577₹718
1 Feb 2026₹478₹560₹707
6 Feb 2026₹471₹545₹696
13 Feb 2026₹455₹534₹685
20 Feb 2026₹426₹515₹673
27 Feb 2026₹390₹495₹660
6 Mar 2026₹367₹477₹649
13 Mar 2026₹342₹455₹634
20 Mar 2026₹355₹437₹621
27 Mar 2026₹350₹424₹610
17 Apr 2026₹443₹415₹586
24 Apr 2026₹450₹422₹580
30 Apr 2026₹427₹424₹574
8 May 2026₹458₹427₹568
15 May 2026₹440₹431₹562
22 May 2026₹415₹430₹555
29 May 2026₹408₹428₹550
4 Jun 2026₹400₹424₹544
5 Jun 2026₹405₹423₹542
10 Jun 2026₹397₹420₹538
12 Jun 2026₹407₹419₹535
17 Jun 2026₹413₹418₹532
19 Jun 2026₹413₹418₹529
24 Jun 2026₹411₹417₹526
25 Jun 2026₹413₹417₹525
1 Jul 2026₹402₹416₹521
3 Jul 2026₹401₹415₹519
10 Jul 2026₹392₹411₹513
17 Jul 2026₹399₹409₹507
24 Jul 2026₹402₹409₹503
31 Jul 2026₹415₹409₹498
7 Aug 2026₹517₹423₹498
14 Aug 2026₹529₹442₹499
21 Aug 2026₹544₹460₹501
28 Aug 2026₹548₹475₹503
4 Sep 2026₹594₹490₹506
11 Sep 2026₹582₹507₹509
18 Sep 2026₹544₹514₹511
25 Sep 2026₹533₹518₹512
1 Oct 2026₹519₹520₹513
9 Oct 2026₹501₹517₹513
16 Oct 2026₹520₹515₹512
23 Oct 2026₹481₹512₹512
30 Oct 2026₹479₹507₹510
4 Nov 2026₹497₹507₹510
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: ₹497, 2.7% below its 200-day average. The price has been rising for 6 weeks.

  • Price ₹497
  • 50-day avg ₹507
  • 200-day avg ₹510
Nov 2026: ₹497, 2.7% below its 200-day average. The price has been rising for 6 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹1,303₹1,290₹1,261
12 Nov 2023₹1,348₹1,298₹1,265
17 Nov 2023₹1,305₹1,303₹1,268
24 Nov 2023₹1,344₹1,304₹1,270
1 Dec 2023₹1,392₹1,317₹1,275
8 Dec 2023₹1,459₹1,339₹1,282
15 Dec 2023₹1,331₹1,344₹1,287
22 Dec 2023₹1,278₹1,339₹1,288
29 Dec 2023₹1,268₹1,329₹1,287
5 Jan 2024₹1,210₹1,314₹1,286
12 Jan 2024₹1,200₹1,296₹1,282
20 Jan 2024₹1,092₹1,264₹1,274
25 Jan 2024₹1,125₹1,244₹1,269
2 Feb 2024₹962₹1,202₹1,256
9 Feb 2024₹965₹1,160₹1,243
16 Feb 2024₹972₹1,125₹1,229
23 Feb 2024₹985₹1,100₹1,217
2 Mar 2024₹1,031₹1,082₹1,205
7 Mar 2024₹965₹1,068₹1,197
15 Mar 2024₹925₹1,044₹1,184
22 Mar 2024₹933₹1,019₹1,171
28 Mar 2024₹927₹1,009₹1,164
5 Apr 2024₹910₹997₹1,153
12 Apr 2024₹914₹984₹1,143
19 Apr 2024₹918₹973₹1,134
26 Apr 2024₹938₹965₹1,124
3 May 2024₹933₹962₹1,117
10 May 2024₹984₹962₹1,109
18 May 2024₹1,027₹977₹1,105
24 May 2024₹1,023₹985₹1,102
31 May 2024₹1,043₹992₹1,098
7 Jun 2024₹1,115₹1,005₹1,096
14 Jun 2024₹1,148₹1,028₹1,098
21 Jun 2024₹1,120₹1,047₹1,101
28 Jun 2024₹1,052₹1,053₹1,099
5 Jul 2024₹1,095₹1,062₹1,100
12 Jul 2024₹1,026₹1,060₹1,097
19 Jul 2024₹1,036₹1,058₹1,095
26 Jul 2024₹1,083₹1,060₹1,094
2 Aug 2024₹1,138₹1,073₹1,096
9 Aug 2024₹1,121₹1,081₹1,097
16 Aug 2024₹1,122₹1,086₹1,098
23 Aug 2024₹1,174₹1,100₹1,101
30 Aug 2024₹1,250₹1,122₹1,107
6 Sep 2024₹1,249₹1,148₹1,114
13 Sep 2024₹1,287₹1,169₹1,122
20 Sep 2024₹1,292₹1,190₹1,129
27 Sep 2024₹1,351₹1,216₹1,140
4 Oct 2024₹1,299₹1,233₹1,147
11 Oct 2024₹1,320₹1,246₹1,155
18 Oct 2024₹1,325₹1,262₹1,163
25 Oct 2024₹1,269₹1,266₹1,169
1 Nov 2024₹1,395₹1,281₹1,178
8 Nov 2024₹1,401₹1,299₹1,188
14 Nov 2024₹1,321₹1,307₹1,194
22 Nov 2024₹1,389₹1,315₹1,201
29 Nov 2024₹1,434₹1,334₹1,212
6 Dec 2024₹1,339₹1,340₹1,219
13 Dec 2024₹1,357₹1,343₹1,226
20 Dec 2024₹1,299₹1,341₹1,231
27 Dec 2024₹1,250₹1,328₹1,232
3 Jan 2025₹1,257₹1,317₹1,234
10 Jan 2025₹1,181₹1,300₹1,233
17 Jan 2025₹1,194₹1,280₹1,231
24 Jan 2025₹1,133₹1,258₹1,228
1 Feb 2025₹973₹1,210₹1,216
7 Feb 2025₹936₹1,162₹1,203
14 Feb 2025₹880₹1,114₹1,188
21 Feb 2025₹873₹1,069₹1,173
28 Feb 2025₹843₹1,035₹1,159
7 Mar 2025₹833₹998₹1,143
13 Mar 2025₹778₹966₹1,129
21 Mar 2025₹781₹931₹1,112
28 Mar 2025₹776₹903₹1,096
4 Apr 2025₹766₹884₹1,083
11 Apr 2025₹802₹870₹1,071
17 Apr 2025₹778₹860₹1,063
25 Apr 2025₹794₹850₹1,050
2 May 2025₹773₹840₹1,040
9 May 2025₹723₹822₹1,025
16 May 2025₹752₹807₹1,011
23 May 2025₹735₹794₹998
30 May 2025₹797₹790₹987
6 Jun 2025₹820₹791₹977
13 Jun 2025₹786₹792₹969
20 Jun 2025₹801₹793₹960
27 Jun 2025₹804₹794₹952
4 Jul 2025₹828₹797₹946
11 Jul 2025₹796₹799₹939
18 Jul 2025₹799₹799₹932
25 Jul 2025₹788₹797₹925
1 Aug 2025₹742₹790₹917
8 Aug 2025₹741₹782₹908
14 Aug 2025₹744₹776₹902
22 Aug 2025₹776₹775₹896
29 Aug 2025₹741₹773₹890
5 Sep 2025₹724₹766₹883
12 Sep 2025₹723₹759₹875
19 Sep 2025₹718₹753₹868
26 Sep 2025₹704₹747₹861
3 Oct 2025₹695₹739₹854
10 Oct 2025₹697₹730₹846
17 Oct 2025₹691₹721₹838
24 Oct 2025₹688₹717₹832
31 Oct 2025₹646₹709₹824
7 Nov 2025₹640₹699₹817
14 Nov 2025₹627₹686₹808
21 Nov 2025₹608₹673₹799
28 Nov 2025₹608₹662₹789
5 Dec 2025₹597₹651₹780
12 Dec 2025₹596₹641₹771
19 Dec 2025₹598₹633₹763
26 Dec 2025₹579₹625₹756
2 Jan 2026₹580₹617₹747
9 Jan 2026₹540₹606₹738
16 Jan 2026₹528₹596₹730
23 Jan 2026₹485₹577₹718
1 Feb 2026₹478₹560₹707
6 Feb 2026₹471₹545₹696
13 Feb 2026₹455₹534₹685
20 Feb 2026₹426₹515₹673
27 Feb 2026₹390₹495₹660
6 Mar 2026₹367₹477₹649
13 Mar 2026₹342₹455₹634
20 Mar 2026₹355₹437₹621
27 Mar 2026₹350₹424₹610
17 Apr 2026₹443₹415₹586
24 Apr 2026₹450₹422₹580
30 Apr 2026₹427₹424₹574
8 May 2026₹458₹427₹568
15 May 2026₹440₹431₹562
22 May 2026₹415₹430₹555
29 May 2026₹408₹428₹550
4 Jun 2026₹400₹424₹544
5 Jun 2026₹405₹423₹542
10 Jun 2026₹397₹420₹538
12 Jun 2026₹407₹419₹535
17 Jun 2026₹413₹418₹532
19 Jun 2026₹413₹418₹529
24 Jun 2026₹411₹417₹526
25 Jun 2026₹413₹417₹525
1 Jul 2026₹402₹416₹521
3 Jul 2026₹401₹415₹519
10 Jul 2026₹392₹411₹513
17 Jul 2026₹399₹409₹507
24 Jul 2026₹402₹409₹503
31 Jul 2026₹415₹409₹498
7 Aug 2026₹517₹423₹498
14 Aug 2026₹529₹442₹499
21 Aug 2026₹544₹460₹501
28 Aug 2026₹548₹475₹503
4 Sep 2026₹594₹490₹506
11 Sep 2026₹582₹507₹509
18 Sep 2026₹544₹514₹511
25 Sep 2026₹533₹518₹512
1 Oct 2026₹519₹520₹513
9 Oct 2026₹501₹517₹513
16 Oct 2026₹520₹515₹512
23 Oct 2026₹481₹512₹512
30 Oct 2026₹479₹507₹510
4 Nov 2026₹497₹507₹510
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: ₹497, 2.7% below its 200-day average. The price has been rising for 6 weeks.

  • Price ₹497
  • 50-day avg ₹507
  • 200-day avg ₹510
Nov 2026: ₹497, 2.7% below its 200-day average. The price has been rising for 6 weeks.
WeekPrice50-day avg200-day avg
18 Feb 2022₹906₹932₹933
4 Mar 2022₹851₹910₹927
17 Mar 2022₹901₹897₹922
1 Apr 2022₹998₹912₹923
13 Apr 2022₹1,050₹950₹933
29 Apr 2022₹1,092₹992₹947
13 May 2022₹978₹993₹951
27 May 2022₹970₹984₹953
10 Jun 2022₹1,025₹1,006₹962
24 Jun 2022₹984₹998₹964
8 Jul 2022₹1,034₹998₹967
22 Jul 2022₹1,078₹1,030₹979
5 Aug 2022₹1,212₹1,070₹995
19 Aug 2022₹1,184₹1,109₹1,012
2 Sep 2022₹1,300₹1,157₹1,034
16 Sep 2022₹1,364₹1,235₹1,068
30 Sep 2022₹1,409₹1,286₹1,098
14 Oct 2022₹1,395₹1,331₹1,127
28 Oct 2022₹1,431₹1,360₹1,153
11 Nov 2022₹1,369₹1,376₹1,176
25 Nov 2022₹1,390₹1,367₹1,192
9 Dec 2022₹1,360₹1,364₹1,208
23 Dec 2022₹1,285₹1,353₹1,220
6 Jan 2023₹1,299₹1,341₹1,229
20 Jan 2023₹1,221₹1,323₹1,235
3 Feb 2023₹1,233₹1,283₹1,231
17 Feb 2023₹1,242₹1,265₹1,230
3 Mar 2023₹1,187₹1,238₹1,226
17 Mar 2023₹1,169₹1,215₹1,220
31 Mar 2023₹1,139₹1,186₹1,212
13 Apr 2023₹1,239₹1,182₹1,209
28 Apr 2023₹1,272₹1,212₹1,215
12 May 2023₹1,274₹1,223₹1,218
26 May 2023₹1,275₹1,233₹1,221
9 Jun 2023₹1,285₹1,249₹1,227
23 Jun 2023₹1,301₹1,275₹1,236
7 Jul 2023₹1,206₹1,263₹1,236
21 Jul 2023₹1,281₹1,259₹1,238
4 Aug 2023₹1,274₹1,260₹1,240
18 Aug 2023₹1,225₹1,260₹1,242
1 Sep 2023₹1,258₹1,254₹1,242
15 Sep 2023₹1,314₹1,265₹1,246
29 Sep 2023₹1,339₹1,283₹1,253
13 Oct 2023₹1,277₹1,287₹1,257
27 Oct 2023₹1,283₹1,288₹1,260
12 Nov 2023₹1,348₹1,298₹1,265
24 Nov 2023₹1,344₹1,304₹1,270
8 Dec 2023₹1,459₹1,339₹1,282
22 Dec 2023₹1,278₹1,339₹1,288
5 Jan 2024₹1,210₹1,314₹1,286
20 Jan 2024₹1,092₹1,264₹1,274
2 Feb 2024₹962₹1,202₹1,256
16 Feb 2024₹972₹1,125₹1,229
2 Mar 2024₹1,031₹1,082₹1,205
15 Mar 2024₹925₹1,044₹1,184
28 Mar 2024₹927₹1,009₹1,164
12 Apr 2024₹914₹984₹1,143
26 Apr 2024₹938₹965₹1,124
10 May 2024₹984₹962₹1,109
24 May 2024₹1,023₹985₹1,102
7 Jun 2024₹1,115₹1,005₹1,096
21 Jun 2024₹1,120₹1,047₹1,101
5 Jul 2024₹1,095₹1,062₹1,100
19 Jul 2024₹1,036₹1,058₹1,095
2 Aug 2024₹1,138₹1,073₹1,096
16 Aug 2024₹1,122₹1,086₹1,098
30 Aug 2024₹1,250₹1,122₹1,107
13 Sep 2024₹1,287₹1,169₹1,122
27 Sep 2024₹1,351₹1,216₹1,140
11 Oct 2024₹1,320₹1,246₹1,155
25 Oct 2024₹1,269₹1,266₹1,169
8 Nov 2024₹1,401₹1,299₹1,188
22 Nov 2024₹1,389₹1,315₹1,201
6 Dec 2024₹1,339₹1,340₹1,219
20 Dec 2024₹1,299₹1,341₹1,231
3 Jan 2025₹1,257₹1,317₹1,234
17 Jan 2025₹1,194₹1,280₹1,231
1 Feb 2025₹973₹1,210₹1,216
14 Feb 2025₹880₹1,114₹1,188
28 Feb 2025₹843₹1,035₹1,159
13 Mar 2025₹778₹966₹1,129
28 Mar 2025₹776₹903₹1,096
11 Apr 2025₹802₹870₹1,071
25 Apr 2025₹794₹850₹1,050
9 May 2025₹723₹822₹1,025
23 May 2025₹735₹794₹998
6 Jun 2025₹820₹791₹977
20 Jun 2025₹801₹793₹960
4 Jul 2025₹828₹797₹946
18 Jul 2025₹799₹799₹932
1 Aug 2025₹742₹790₹917
14 Aug 2025₹744₹776₹902
29 Aug 2025₹741₹773₹890
12 Sep 2025₹723₹759₹875
26 Sep 2025₹704₹747₹861
10 Oct 2025₹697₹730₹846
24 Oct 2025₹688₹717₹832
7 Nov 2025₹640₹699₹817
21 Nov 2025₹608₹673₹799
5 Dec 2025₹597₹651₹780
19 Dec 2025₹598₹633₹763
2 Jan 2026₹580₹617₹747
16 Jan 2026₹528₹596₹730
1 Feb 2026₹478₹560₹707
13 Feb 2026₹455₹534₹685
27 Feb 2026₹390₹495₹660
13 Mar 2026₹342₹455₹634
27 Mar 2026₹350₹424₹610
24 Apr 2026₹450₹422₹580
8 May 2026₹458₹427₹568
22 May 2026₹415₹430₹555
4 Jun 2026₹400₹424₹544
10 Jun 2026₹397₹420₹538
17 Jun 2026₹413₹418₹532
24 Jun 2026₹411₹417₹526
1 Jul 2026₹402₹416₹521
10 Jul 2026₹392₹411₹513
24 Jul 2026₹402₹409₹503
7 Aug 2026₹517₹423₹498
21 Aug 2026₹544₹460₹501
4 Sep 2026₹594₹490₹506
18 Sep 2026₹544₹514₹511
1 Oct 2026₹519₹520₹513
16 Oct 2026₹520₹515₹512
30 Oct 2026₹479₹507₹510
4 Nov 2026₹497₹507₹510
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.

Price stage: Falling from Oct 2025 to Oct 2026; Rising in Oct 2026.

Price stage: Rising from Nov 2023 to Jan 2024; Falling from Feb 2024 to Aug 2024; Sideways from Aug 2024 to Sep 2024; Rising from Sep 2024 to Feb 2025; Falling from Feb 2025 to Oct 2026; Rising in Oct 2026.

Price stage: Falling from Feb 2022 to Apr 2022; Rising from May 2022 to Mar 2023; Falling from Mar 2023 to Jun 2023; Rising from Jun 2023 to Jan 2024; Falling from Feb 2024 to Aug 2024; Rising from Sep 2024 to Feb 2025; Falling from Feb 2025 to Oct 2026.

Week by week since 2022: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 96 of 237 weeks

Week by week since 2022: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
18 Feb 2022no NIFTY 500 reading
25 Feb 2022no NIFTY 500 reading
4 Mar 2022no NIFTY 500 reading
11 Mar 2022no NIFTY 500 reading
17 Mar 2022no NIFTY 500 reading
25 Mar 2022no NIFTY 500 reading
1 Apr 2022no NIFTY 500 reading
8 Apr 2022no NIFTY 500 reading
13 Apr 2022no NIFTY 500 reading
22 Apr 2022no NIFTY 500 reading
29 Apr 2022no NIFTY 500 reading
6 May 2022no NIFTY 500 reading
13 May 2022no NIFTY 500 reading
20 May 2022+13.1%
27 May 2022+16.8%
3 Jun 2022+28.8%
10 Jun 2022+26.2%
17 Jun 2022+19.0%
24 Jun 2022+15.7%
1 Jul 2022+8.4%
8 Jul 2022+8.5%
15 Jul 2022+9.8%
22 Jul 2022+3.8%
29 Jul 2022−4.7%
5 Aug 2022+12.5%
12 Aug 2022+11.5%
19 Aug 2022+10.9%
26 Aug 2022+22.3%
2 Sep 2022+9.0%
9 Sep 2022+19.9%
16 Sep 2022+22.7%
23 Sep 2022+33.5%
30 Sep 2022+35.2%
7 Oct 2022+34.0%
14 Oct 2022+19.9%
21 Oct 2022+24.4%
28 Oct 2022+28.6%
4 Nov 2022+14.3%
11 Nov 2022+12.9%
18 Nov 2022+8.7%
25 Nov 2022+5.2%
2 Dec 2022+4.2%
9 Dec 2022−5.1%
16 Dec 2022−4.5%
23 Dec 2022−13.9%
30 Dec 2022−7.9%
6 Jan 2023−14.7%
13 Jan 2023−9.9%
20 Jan 2023−13.4%
27 Jan 2023−14.8%
3 Feb 2023−10.4%
10 Feb 2023−4.1%
17 Feb 2023−0.3%
24 Feb 2023−8.3%
3 Mar 2023−9.3%
10 Mar 2023−3.9%
17 Mar 2023−4.4%
24 Mar 2023−6.6%
31 Mar 2023−10.4%
6 Apr 2023−9.9%
13 Apr 2023−0.3%
21 Apr 2023+6.1%
28 Apr 2023+6.9%
5 May 2023−3.5%
12 May 2023−1.3%
19 May 2023−6.5%
26 May 2023+2.1%
2 Jun 2023+1.1%
9 Jun 2023−2.2%
16 Jun 2023+4.4%
23 Jun 2023+3.7%
30 Jun 2023−4.1%
7 Jul 2023−5.5%
14 Jul 2023−14.7%
21 Jul 2023−13.1%
28 Jul 2023−12.8%
4 Aug 2023−6.0%
11 Aug 2023−9.8%
18 Aug 2023−9.7%
25 Aug 2023−12.0%
1 Sep 2023−10.2%
8 Sep 2023−9.3%
15 Sep 2023−11.1%
22 Sep 2023−3.3%
29 Sep 2023+4.9%
6 Oct 2023+3.1%
13 Oct 2023+1.4%
20 Oct 2023+3.6%
27 Oct 2023+4.2%
3 Nov 2023+0.7%
12 Nov 2023+1.8%
17 Nov 2023+2.5%
24 Nov 2023+4.8%
1 Dec 2023+2.5%
8 Dec 2023+6.9%
15 Dec 2023−6.3%
22 Dec 2023−16.0%
29 Dec 2023−18.4%
5 Jan 2024−19.0%
12 Jan 2024−18.4%
20 Jan 2024−32.8%
25 Jan 2024−30.7%
2 Feb 2024−42.7%
9 Feb 2024−41.4%
16 Feb 2024−39.7%
23 Feb 2024−38.5%
2 Mar 2024−31.1%
7 Mar 2024−38.6%
15 Mar 2024−35.0%
22 Mar 2024−31.1%
28 Mar 2024−33.3%
5 Apr 2024−32.0%
12 Apr 2024−28.6%
19 Apr 2024−22.5%
26 Apr 2024−22.7%
3 May 2024−6.0%
10 May 2024−2.2%
18 May 2024+0.1%
24 May 2024−2.3%
31 May 2024−6.0%
7 Jun 2024+3.7%
14 Jun 2024+10.8%
21 Jun 2024+8.4%
28 Jun 2024+2.6%
5 Jul 2024+10.5%
12 Jul 2024−1.4%
19 Jul 2024+2.3%
26 Jul 2024+3.4%
2 Aug 2024+11.7%
9 Aug 2024+4.7%
16 Aug 2024−0.8%
23 Aug 2024+3.7%
30 Aug 2024+7.1%
6 Sep 2024+4.9%
13 Sep 2024+4.6%
20 Sep 2024+6.7%
27 Sep 2024+22.2%
4 Oct 2024+16.0%
11 Oct 2024+26.6%
18 Oct 2024+28.2%
25 Oct 2024+20.5%
1 Nov 2024+21.8%
8 Nov 2024+28.2%
14 Nov 2024+23.7%
22 Nov 2024+22.2%
29 Nov 2024+17.4%
6 Dec 2024+7.9%
13 Dec 2024+9.5%
20 Dec 2024+8.6%
27 Dec 2024+0.4%
3 Jan 2025+2.6%
10 Jan 2025−1.6%
17 Jan 2025−3.6%
24 Jan 2025−4.2%
1 Feb 2025−24.8%
7 Feb 2025−28.6%
14 Feb 2025−27.6%
21 Feb 2025−27.1%
28 Feb 2025−28.9%
7 Mar 2025−24.6%
13 Mar 2025−33.6%
21 Mar 2025−34.9%
28 Mar 2025−33.0%
4 Apr 2025−30.7%
11 Apr 2025−31.4%
17 Apr 2025−38.8%
25 Apr 2025−33.6%
2 May 2025−21.9%
9 May 2025−30.3%
16 May 2025−24.2%
23 May 2025−27.4%
30 May 2025−18.0%
6 Jun 2025−16.8%
13 Jun 2025−8.8%
20 Jun 2025−6.9%
27 Jun 2025−7.1%
4 Jul 2025−7.6%
11 Jul 2025−10.5%
18 Jul 2025−2.6%
25 Jul 2025−5.3%
1 Aug 2025−6.6%
8 Aug 2025+1.6%
14 Aug 2025−2.9%
22 Aug 2025+5.7%
29 Aug 2025−7.3%
5 Sep 2025−10.5%
12 Sep 2025−10.3%
19 Sep 2025−9.9%
26 Sep 2025−9.8%
3 Oct 2025−14.1%
10 Oct 2025−12.0%
17 Oct 2025−14.9%
24 Oct 2025−16.6%
31 Oct 2025−17.5%
7 Nov 2025−18.7%
14 Nov 2025−19.0%
21 Nov 2025−26.9%
28 Nov 2025−21.6%
5 Dec 2025−19.0%
12 Dec 2025−17.7%
19 Dec 2025−19.5%
26 Dec 2025−21.9%
2 Jan 2026−20.5%
9 Jan 2026−22.9%
16 Jan 2026−19.7%
23 Jan 2026−26.0%
1 Feb 2026−24.9%
6 Feb 2026−26.2%
13 Feb 2026−26.2%
20 Feb 2026−27.7%
27 Feb 2026−30.4%
6 Mar 2026−34.6%
13 Mar 2026−35.9%
20 Mar 2026−30.7%
27 Mar 2026−27.2%
17 Apr 2026−19.4%
24 Apr 2026−14.2%
30 Apr 2026−20.5%
8 May 2026−3.1%
15 May 2026−4.2%
22 May 2026−7.0%
29 May 2026−6.1%
4 Jun 2026−2.0%
5 Jun 2026+3.7%
10 Jun 2026+7.7%
12 Jun 2026+15.9%
17 Jun 2026+8.4%
19 Jun 2026+7.3%
24 Jun 2026−7.6%
25 Jun 2026−9.4%
1 Jul 2026−6.7%
3 Jul 2026−15.8%
10 Jul 2026−14.5%
17 Jul 2026−6.9%
24 Jul 2026−2.6%
31 Jul 2026−0.8%
7 Aug 2026+22.0%
14 Aug 2026+28.8%
21 Aug 2026+29.4%
28 Aug 2026+31.1%
4 Sep 2026+43.6%
11 Sep 2026+42.6%
18 Sep 2026+33.1%
25 Sep 2026+35.6%
1 Oct 2026+35.6%
9 Oct 2026+34.0%
16 Oct 2026+34.8%
23 Oct 2026+26.2%
30 Oct 2026+22.1%
4 Nov 2026+3.8%
Each bar is one week, from 2022 to now (237 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 4.7 years the share price moved −45% while the NIFTY 500 moved +51%, so it is behind 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 Vedant Fashions this quarter?

Two changes stood out: foreign funds (FIIs) cut their stake for 7 quarters in a row and indian funds and insurers (DIIs) raised their stake for 4 quarters in a row.

  1. Foreign funds (FIIs) cut their stake for 7 quarters in a row

    From 10.5% to 7.4% of the company by the September 2026 quarter.

  2. Indian funds and insurers (DIIs) raised their stake for 4 quarters in a row

    From 11% to 14.2% of the company by the September 2026 quarter.

What are Vedant Fashions' latest quarterly results?

For April to June 2026 (the quarter ended 30 June 2026), Vedant Fashions reported revenue of ₹301 crore, up 7.1% from ₹281 crore a year earlier, and a profit of ₹81.0 crore, up 15.7% from ₹70.0 crore.

Vedant Fashions results: April to June 2026 against a year earlier

Vedant Fashions results: April to June 2026 against a year earlier
MeasureApril to June 2026April to June 2025Change
Revenue₹301 crore₹281 crore+7.1%
Profit₹81.0 crore₹70.0 crore+15.7%
Earnings per share₹3.32₹2.89+14.9%
Operating margin43.0%43.0%0.0 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).

Vedant Fashions' management discussed these results on a call held on 27 July 2026; what it said is further down this page.

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

What is the Vedant Fashions share price history?

Vedant Fashions closed at ₹496.80 on 4 November 2026, down 22.3% from ₹639.50 a year earlier (7 November 2025) and down 61.9% over three years. Its highest weekly close since February 2022 was ₹1,469.10 on 7 October 2022.

Vedant Fashions share price: then and now

Vedant Fashions share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹478.55+3.8%
1 month ago · 1 Oct 2026₹519.20−4.3%
6 months ago · 8 May 2026₹457.75+8.5%
1 year ago · 7 Nov 2025₹639.50−22.3%
3 years ago · 3 Nov 2023₹1,302.65−61.9%
Earliest weekly close in our records · 18 Feb 2022₹906.40−45.2%
Highest weekly close since February 2022 · 7 Oct 2022₹1,469.10−66.2%
Lowest weekly close since February 2022, also the 52-week low · 13 Mar 2026₹342.40+45.1%
52-week high (weekly close) · 7 Nov 2025₹639.50−22.3%

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.

250 weekly closes from 18 February 2022 to 4 November 2026.

What is the latest news on Vedant Fashions?

4 Nov 2026: Vedant Fashions closed at ₹496.80, up 3.8% on the week and down 4.3% on the month. 21 Sep 2026: ex-date for a dividend of ₹7.75 a share.

Earlier

  • 27 Jul 2026: Vedant Fashions held its results call for April to June 2026. Management guided: Remaining-year outlook centers on sustained long-term growth through brand equity, operational efficiency, customer experience, auto-replenishment and the store network.
  • Results for April to June 2026: Revenue up 7.1% and profit up 15.7% on a year earlier.

What dividend does Vedant Fashions pay?

Vedant Fashions paid ₹7.75 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.56% at the ₹496.80 close on 4 November 2026. The last was a dividend of ₹7.75 a share, ex-date 21 September 2026.

Vedant Fashions dividends since 1 April 2021

Vedant Fashions dividends since 1 April 2021
Ex-dateDividend per shareType
21 Sep 2026Dividend₹7.75Dividend
28 Aug 2025Dividend₹8Dividend
23 Aug 2024Dividend₹8.50Dividend
17 Aug 2023Dividend₹9Dividend
30 Aug 2022Dividend₹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.

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

Yes. Vedant Fashions Ltd paid out 50% of its profit as dividends in FY26, and it paid a dividend in 7 of its last 11 reported years.

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

What did Vedant Fashions management say on the latest results call?

On the call for April to June 2026, held on 27 July 2026, Vedant Fashions' management guided: Remaining-year outlook centers on sustained long-term growth through brand equity, operational efficiency, customer experience, auto-replenishment and the store network.

“Broadly, what we see is that the total number of stores is starting to come down in these eight states at least.”Vedant Modi, on the call for April to June 2026

What management guided

  • FY27 net store count is expected to be positive; no absolute opening or closure count was provided.
  • The store-rationalization tail is expected at 3.0% to 4.0% in FY27, with gross openings concentrated from end-Q2 and early Q3.
  • FY27 ASP growth ambition is slightly above Q1's price contribution, with improvement expected to begin around the middle of Q2.
  • MBO and SIS growth is expected to benefit from Q2's peak season, while Devat inventory is being prepared at channel warehouses for Q3.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 27 July 2026.

What to watch in Vedant Fashions' next results?

When Vedant Fashions reports July to September 2026, these are the 3 checks that show whether the story is still on course. First: Q2-Q3 gross openings and productivity: most FY27 openings are expected from end-Q2 or early Q3; compare revenue per square foot with the stores being closed.

Vedant Fashions: what to watch next quarter
What to check (from the call)
Q2-Q3 gross openings and productivity: most FY27 openings are expected from end-Q2 or early Q3; compare revenue per square foot with the stores being closed.
MBO and SIS Q2 performance and Devat e-commerce execution, including the impact of channel bookings and inventory positioned at partner warehouses.
Q3 gross margin after GST is fully in the base; management provided no margin goal, making the reported outcome the key read-through.

Which stock lists is Vedant Fashions on?

Vedant Fashions is on 2 of our India lists: Breakout stocks and Dividend stocks.

Is Vedant Fashions profitable?

Vedant Fashions Ltd earned ₹81.0 Cr of net profit in the Jun 2026 quarter, +15.7% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹376 Cr. Over 10 years profit has grown 15.4% a year on average. That is 26.9% of the quarter's revenue.

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

The same quarter a year earlier earned ₹70.0 Cr.

For the full year, FY26 profit was ₹376 Cr (−3.1% on the year before).

FY26 profit ₹376 Cr (−3.1% on the year before), 15.4% a year over 10 years

  • Net profit ₹376
FY26 profit ₹376 Cr (−3.1% on the year before), 15.4% a year over 10 years
QuarterNet profit
FY16₹90
FY17₹106
FY18₹149
FY19₹182
FY20₹245
FY21₹131
FY22₹308
FY23₹423
FY24₹414
FY25₹388
FY26₹376

Growth on a year earlier

  • Growth on a year earlier −3.1%
Growth on a year earlier
QuarterGrowth on a year earlier
FY16–
FY1717.8%
FY1840.6%
FY1922.1%
FY2034.6%
FY21−46.5%
FY22135.1%
FY2337.3%
FY24−2.1%
FY25−6.3%
FY26−3.1%
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: ₹81.0 Cr (+15.7% on a year earlier), the 2nd quarter in a row of growth

  • Net profit (quarterly) ₹81.0
Jun 2026: ₹81.0 Cr (+15.7% on a year earlier), the 2nd quarter in a row of growth
QuarterNet profit (quarterly)
Sep 2023₹49
Dec 2023₹158
Mar 2024₹116
Jun 2024₹62
Sep 2024₹67
Dec 2024₹158
Mar 2025₹101
Jun 2025₹70
Sep 2025₹56
Dec 2025₹135
Mar 2026₹114
Jun 2026₹81

Growth on a year earlier

  • Growth on a year earlier 15.7%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023−29%
Dec 20235.3%
Mar 20246.4%
Jun 2024−32.6%
Sep 202436.7%
Dec 20240%
Mar 2025−12.9%
Jun 202512.9%
Sep 2025−16.4%
Dec 2025−14.6%
Mar 202612.9%
Jun 202615.7%
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 +7.1% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −0.6% and revenue +2.5%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Vedant Fashions make, and is it growing?

Vedant Fashions Ltd reported ₹301 Cr of revenue in the Jun 2026 quarter, +7.1% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 11.0% a year on average. The last full year, FY26, came in at ₹1,435 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,455 Cr.

FY26 revenue was ₹1,435 Cr, +3.5% on the year before.

FY26 revenue ₹1,435 Cr (+3.5% on the year before), 11.0% a year over 10 years

  • Revenue ₹1,435
FY26 revenue ₹1,435 Cr (+3.5% on the year before), 11.0% a year over 10 years
QuarterRevenue
FY16₹504
FY17₹596
FY18₹760
FY19₹794
FY20₹915
FY21₹542
FY22₹1,009
FY23₹1,326
FY24₹1,368
FY25₹1,386
FY26₹1,435

Growth on a year earlier

  • Growth on a year earlier 3.5%
Growth on a year earlier
QuarterGrowth on a year earlier
FY16–
FY1718.3%
FY1827.5%
FY194.5%
FY2015.2%
FY21−40.8%
FY2286.2%
FY2331.4%
FY243.2%
FY251.3%
FY263.5%
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: ₹301 Cr (+7.1% on a year earlier), the 2nd quarter in a row of growth

  • Revenue (quarterly) ₹301
Jun 2026: ₹301 Cr (+7.1% on a year earlier), the 2nd quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023₹218
Dec 2023₹474
Mar 2024₹363
Jun 2024₹240
Sep 2024₹268
Dec 2024₹511
Mar 2025₹367
Jun 2025₹281
Sep 2025₹263
Dec 2025₹492
Mar 2026₹399
Jun 2026₹301

Growth on a year earlier

  • Growth on a year earlier 7.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023−11.7%
Dec 20237.5%
Mar 20246.1%
Jun 2024−22.8%
Sep 202422.9%
Dec 20247.8%
Mar 20251.1%
Jun 202517.1%
Sep 2025−1.9%
Dec 2025−3.7%
Mar 20268.7%
Jun 20267.1%
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 +2.5% on average, against 11.0% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +2.0%, against +6.0% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −2.5%, against +0.1% a year (stabilising).

How much of every ₹100 of sales does Vedant Fashions keep?

Vedant Fashions Ltd's operating margin was 43.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Across 11 years it has been between 29.0% and 50.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago.

Why the margin moved: operating margin changed +0.6 percentage points on the year while gross margin changed −1.8 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY26: 44.0%, within a range of 29.0% to 50.0% over 11 years

  • Operating margin 44.0%
FY26: 44.0%, within a range of 29.0% to 50.0% over 11 years
QuarterOperating margin
FY1630%
FY1729%
FY1831%
FY1934%
FY2044%
FY2143%
FY2248%
FY2350%
FY2448%
FY2546%
FY2644%

Change on the year before (points)

  • Change on the year before (points) −2.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY16–
FY17−1.0 pts
FY18+2.0 pts
FY19+3.0 pts
FY20+10.0 pts
FY21−1.0 pts
FY22+5.0 pts
FY23+2.0 pts
FY24−2.0 pts
FY25−2.0 pts
FY26−2.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 11-year window.

Jun 2026: operating margin 43.0% (+0.0 points on a year earlier)

  • Operating margin 43.0%
Jun 2026: operating margin 43.0% (+0.0 points on a year earlier)
QuarterOperating margin
Sep 202343%
Dec 202351%
Mar 202448%
Jun 202447%
Sep 202446%
Dec 202447%
Mar 202545%
Jun 202543%
Sep 202542%
Dec 202544%
Mar 202645%
Jun 202643%

Change on a year earlier (points)

  • Change on a year earlier (points) 0.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023−4.0 pts
Dec 20230.0 pts
Mar 2024−1.0 pts
Jun 2024−1.0 pts
Sep 2024+3.0 pts
Dec 2024−4.0 pts
Mar 2025−3.0 pts
Jun 2025−4.0 pts
Sep 2025−4.0 pts
Dec 2025−3.0 pts
Mar 20260.0 pts
Jun 20260.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Vedant Fashions' profit turning into cash?

Over the last 3 years, 115% of Vedant Fashions Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹481 Cr of operating cash against ₹376 Cr of profit. After ₹141 Cr of spending on assets, ₹340 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹481 Cr against profit ₹376 Cr; 115% of 3 years' profit came in as cash

  • Operating cash ₹481
  • Net profit ₹376
  • Free cash ₹340
FY26: operating cash ₹481 Cr against profit ₹376 Cr; 115% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY17₹37₹106−₹10
FY18₹52₹149−₹129
FY19₹179₹182₹234
FY20₹251₹245−₹59
FY21₹253₹131₹200
FY22₹341₹308₹204
FY23₹459₹423₹337
FY24₹483₹414₹205
FY25₹389₹388₹211
FY26₹481₹376₹340
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 10-year window, yearly figures.

FY26: operating cash was 128% of profit (115% over three years)

  • Operating cash as % of profit 128%
  • Break-even line 100%
FY26: operating cash was 128% of profit (115% over three years)
QuarterOperating cash as % of profitBreak-even line
FY1735%100%
FY1835%100%
FY1998%100%
FY20102%100%
FY21193%100%
FY22111%100%
FY23109%100%
FY24117%100%
FY25100%100%
FY26128%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash.

Why 115% of profit came in as cash: the cash cycle got 149 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Where does Vedant Fashions' cash go?

Vedant Fashions Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 240 days in FY26, down from 389 days in FY21. It spent ₹597 Cr on assets over the last 3 years. Customers take 166 days to pay, and stock sits for 131 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,435 Cr, each day of that cycle ties up about ₹3.9 Cr, so roughly ₹944 Cr is tied up in the business at any time.

FY26: customers took 166 days to pay and stock sat for 131 days, about 4.3 months of sales sitting as stock, for a full cycle of 240 days, shorter than FY21's 389.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 131 days. Customers pay about 166 days after that. Suppliers are paid at 56 days. Together that makes the 240-day cycle.

FY26: a 240-day cash cycle, −149 days compared with FY21

  • Cash cycle 240d
  • Inventory days 131d
  • Debtor days 166d
  • Payable days 56d
FY26: a 240-day cash cycle, −149 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY16261d291d78d108d
FY17289d266d115d93d
FY18221d131d155d64d
FY19204d147d155d98d
FY20256d173d156d73d
FY21389d275d247d133d
FY22250d207d143d100d
FY23228d191d130d93d
FY24200d139d151d89d
FY25266d210d163d106d
FY26240d131d166d56d
Debtor days, inventory days, payable days and the full cash cycle, each year. 11-year window.

Spending on assets: ₹597 Cr over the last 3 years, against ₹458 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹141 Cr, work in progress ₹0.0 Cr, steady spending

  • Capex ₹141
  • Work-in-progress ₹0.0
FY26: capex ₹141 Cr, work in progress ₹0.0 Cr, steady spending
QuarterCapexWork-in-progress
FY17₹47₹5
FY18₹181₹1
FY19−₹55₹2
FY20₹310₹0
FY21₹53₹0
FY22₹137₹0
FY23₹122₹2
FY24₹278₹0
FY25₹178₹0
FY26₹141₹0
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

What is Vedant Fashions' P/E ratio, and how does it compare with its own history?

Vedant Fashions Ltd's P/E is 31.2×, near the low end of its own history: it has been lower only 14% of the time. Its usual P/E (the middle reading) is 67.3×, over 4.7 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

P/E 31.2× against a usual 67.3×: near the low end of its own history: it has been lower only 14% of the time

  • P/E 30.1×
  • Median 67.3×
P/E 31.2× against a usual 67.3×: near the low end of its own history: it has been lower only 14% of the time
WeekP/EMedian
18 Feb 2022172.9×67.3×
4 Mar 2022162.2×67.3×
17 Mar 2022171.7×67.3×
1 Apr 2022190.4×67.3×
13 Apr 2022200.2×67.3×
29 Apr 2022201.9×67.3×
13 May 2022186.4×67.3×
27 May 2022184.9×67.3×
10 Jun 2022195.5×67.3×
24 Jun 2022187.7×67.3×
8 Jul 2022197.2×67.3×
22 Jul 2022201.9×67.3×
5 Aug 2022201.9×67.3×
19 Aug 202278.8×67.3×
2 Sep 202286.5×67.3×
16 Sep 202290.8×67.3×
30 Sep 202293.8×67.3×
14 Oct 202292.8×67.3×
28 Oct 202295.2×67.3×
11 Nov 202287.1×67.3×
25 Nov 202288.5×67.3×
9 Dec 202286.6×67.3×
23 Dec 202281.8×67.3×
6 Jan 202382.7×67.3×
20 Jan 202377.7×67.3×
3 Feb 202374.2×67.3×
17 Feb 202374.8×67.3×
3 Mar 202371.5×67.3×
17 Mar 202370.4×67.3×
31 Mar 202368.6×67.3×
13 Apr 202374.6×67.3×
28 Apr 202373.0×67.3×
12 May 202373.2×67.3×
26 May 202373.2×67.3×
9 Jun 202373.8×67.3×
23 Jun 202374.7×67.3×
7 Jul 202369.2×67.3×
21 Jul 202373.5×67.3×
4 Aug 202374.5×67.3×
18 Aug 202371.6×67.3×
1 Sep 202373.6×67.3×
15 Sep 202376.8×67.3×
29 Sep 202378.3×67.3×
13 Oct 202374.7×67.3×
27 Oct 202375.0×67.3×
12 Nov 202382.8×67.3×
24 Nov 202382.6×67.3×
8 Dec 202389.6×67.3×
22 Dec 202378.5×67.3×
5 Jan 202474.3×67.3×
20 Jan 202467.1×67.3×
2 Feb 202457.5×67.3×
16 Feb 202458.1×67.3×
2 Mar 202461.7×67.3×
15 Mar 202455.3×67.3×
28 Mar 202455.4×67.3×
12 Apr 202454.7×67.3×
26 Apr 202456.1×67.3×
10 May 202457.6×67.3×
24 May 202459.9×67.3×
7 Jun 202465.2×67.3×
21 Jun 202465.6×67.3×
5 Jul 202464.1×67.3×
19 Jul 202460.7×67.3×
2 Aug 202471.8×67.3×
16 Aug 202470.8×67.3×
30 Aug 202478.9×67.3×
13 Sep 202481.2×67.3×
27 Sep 202485.2×67.3×
11 Oct 202483.3×67.3×
25 Oct 202480.1×67.3×
8 Nov 202484.4×67.3×
22 Nov 202483.7×67.3×
6 Dec 202480.8×67.3×
20 Dec 202478.3×67.3×
3 Jan 202575.8×67.3×
17 Jan 202572.0×67.3×
1 Feb 202558.6×67.3×
14 Feb 202553.0×67.3×
28 Feb 202550.8×67.3×
13 Mar 202546.9×67.3×
28 Mar 202546.8×67.3×
11 Apr 202548.4×67.3×
25 Apr 202547.8×67.3×
9 May 202545.2×67.3×
23 May 202545.9×67.3×
6 Jun 202551.3×67.3×
20 Jun 202550.1×67.3×
4 Jul 202551.8×67.3×
18 Jul 202550.0×67.3×
1 Aug 202545.5×67.3×
14 Aug 202545.6×67.3×
29 Aug 202545.4×67.3×
12 Sep 202544.3×67.3×
26 Sep 202543.2×67.3×
10 Oct 202542.8×67.3×
24 Oct 202542.2×67.3×
7 Nov 202540.3×67.3×
21 Nov 202538.3×67.3×
5 Dec 202537.6×67.3×
19 Dec 202537.7×67.3×
2 Jan 202636.5×67.3×
16 Jan 202633.3×67.3×
1 Feb 202630.2×67.3×
13 Feb 202630.5×67.3×
27 Feb 202626.1×67.3×
13 Mar 202623.0×67.3×
27 Mar 202623.5×67.3×
10 Apr 202626.6×67.3×
24 Apr 202630.2×67.3×
8 May 202629.6×67.3×
22 May 202626.9×67.3×
4 Jun 202624.1×67.3×
10 Jun 202623.9×67.3×
17 Jun 202624.9×67.3×
24 Jun 202624.8×67.3×
1 Jul 202624.2×67.3×
10 Jul 202625.4×67.3×
24 Jul 202626.0×67.3×
7 Aug 202632.5×67.3×
21 Aug 202634.3×67.3×
4 Sep 202637.4×67.3×
18 Sep 202634.3×67.3×
1 Oct 202632.7×67.3×
16 Oct 202632.7×67.3×
30 Oct 202630.1×67.3×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹16
Earnings per share, 12 months
WeekEarnings per share, 12 months
18 Feb 2022–
4 Mar 2022–
17 Mar 2022–
1 Apr 2022₹5
13 Apr 2022₹5
29 Apr 2022₹5
13 May 2022₹5
27 May 2022₹5
10 Jun 2022₹5
24 Jun 2022₹5
8 Jul 2022₹5
22 Jul 2022₹5
5 Aug 2022₹5
19 Aug 2022₹5
2 Sep 2022₹5
16 Sep 2022₹5
30 Sep 2022₹15
14 Oct 2022₹15
28 Oct 2022₹15
11 Nov 2022₹15
25 Nov 2022₹15
9 Dec 2022₹15
23 Dec 2022₹15
6 Jan 2023₹16
20 Jan 2023₹16
3 Feb 2023₹16
17 Feb 2023₹16
3 Mar 2023₹16
17 Mar 2023₹16
31 Mar 2023₹17
13 Apr 2023₹17
28 Apr 2023₹17
12 May 2023₹17
26 May 2023₹17
9 Jun 2023₹17
23 Jun 2023₹17
7 Jul 2023₹17
21 Jul 2023₹17
4 Aug 2023₹17
18 Aug 2023₹17
1 Sep 2023₹17
15 Sep 2023₹17
29 Sep 2023₹17
13 Oct 2023₹17
27 Oct 2023₹17
12 Nov 2023₹17
24 Nov 2023₹17
8 Dec 2023₹17
22 Dec 2023₹17
5 Jan 2024₹16
20 Jan 2024₹16
2 Feb 2024₹16
16 Feb 2024₹16
2 Mar 2024₹16
15 Mar 2024₹16
28 Mar 2024₹17
12 Apr 2024₹17
26 Apr 2024₹17
10 May 2024₹17
24 May 2024₹17
7 Jun 2024₹17
21 Jun 2024₹17
5 Jul 2024₹17
19 Jul 2024₹17
2 Aug 2024₹17
16 Aug 2024₹17
30 Aug 2024₹17
13 Sep 2024₹17
27 Sep 2024₹16
11 Oct 2024₹16
25 Oct 2024₹16
8 Nov 2024₹16
22 Nov 2024₹16
6 Dec 2024₹16
20 Dec 2024₹16
3 Jan 2025₹17
17 Jan 2025₹17
1 Feb 2025₹17
14 Feb 2025₹17
28 Feb 2025₹17
13 Mar 2025₹17
28 Mar 2025₹17
11 Apr 2025₹17
25 Apr 2025₹17
9 May 2025₹17
23 May 2025₹17
6 Jun 2025₹17
20 Jun 2025₹16
4 Jul 2025₹16
18 Jul 2025₹16
1 Aug 2025₹16
14 Aug 2025₹16
29 Aug 2025₹16
12 Sep 2025₹16
26 Sep 2025₹16
10 Oct 2025₹16
24 Oct 2025₹16
7 Nov 2025₹16
21 Nov 2025₹16
5 Dec 2025₹16
19 Dec 2025₹16
2 Jan 2026₹16
16 Jan 2026₹16
1 Feb 2026₹16
13 Feb 2026₹16
27 Feb 2026₹16
13 Mar 2026₹16
27 Mar 2026₹15
10 Apr 2026₹15
24 Apr 2026₹15
8 May 2026₹15
22 May 2026₹15
4 Jun 2026₹15
10 Jun 2026₹15
17 Jun 2026₹15
24 Jun 2026₹15
1 Jul 2026₹15
10 Jul 2026₹15
24 Jul 2026₹15
7 Aug 2026₹15
21 Aug 2026₹15
4 Sep 2026₹15
18 Sep 2026₹15
1 Oct 2026₹16
16 Oct 2026₹16
30 Oct 2026₹16
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 4.7 years of history; short peaks above 202× are drawn at the top edge.

PEG 1.49: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 1.49×
  • PEG = 1.0 1.00×
PEG 1.49: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Q1 FY232.89×1.00×
Q2 FY233.92×1.00×
Q3 FY233.46×1.00×
Q4 FY232.50×1.00×
Q1 FY243.60×1.00×
Q2 FY243.82×1.00×
Q3 FY242.15×1.00×
Q4 FY242.48×1.00×
Q1 FY253.60×1.00×
Q2 FY254.15×1.00×
Q3 FY253.55×1.00×
Q4 FY252.88×1.00×
Q1 FY263.95×1.00×
Q2 FY262.83×1.00×
Q3 FY262.72×1.00×
Q4 FY262.50×1.00×
Q1 FY271.49×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 17 quarters.
31.2×P/E · lower than 86% of its last 4.7 years
2.26PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved −3.3% while the price moved −22.3%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 3 years the price moved −27.5% a year; about −2.4% a year came from earnings growth and about −25.1 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings 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 earnings trend underneath matters more than the multiple.

Is the Vedant Fashions business getting better or worse?

Vedant Fashions Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −2.5% in the latest quarter, against +3.4% at its best in 12 quarters, with ROCE falling at 23.4%. This is based on 12 quarters of 4 measures.

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 +3.5% in FY26, profit −3.1%

  • Revenue growth 3.5%
Growth year by year: revenue +3.5% in FY26, profit −3.1%
QuarterRevenue growth
FY16–
FY1718.3%
FY1827.5%
FY194.5%
FY2015.2%
FY21−40.8%
FY2286.2%
FY2331.4%
FY243.2%
FY251.3%
FY263.5%

Profit growth, EPS growth

  • Profit growth −3.1%
  • EPS growth −3.3%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY16––
FY1717.8%17.6%
FY1840.6%33.6%
FY1922.1%21.9%
FY2034.6%34.5%
FY21−46.5%−46.2%
FY22135.1%141%
FY2337.3%37.2%
FY24−2.1%−2.1%
FY25−6.3%−6.2%
FY26−3.1%−3.3%
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 rolling over, profit stabilising

  • Revenue 2%
Three growth lines over twelve quarters: revenue rolling over, profit stabilising
QuarterRevenue
Sep 20234.7%
Dec 20232.8%
Mar 20240.8%
Jun 2024−3.4%
Sep 20242.5%
Dec 20242.8%
Mar 20251.5%
Jun 202510.2%
Sep 20255.7%
Dec 20251.5%
Mar 20263.5%
Jun 20262%

Profit, EPS

  • Profit −2.5%
  • EPS −2.6%
Profit, EPS
QuarterProfitEPS
Sep 20233.4%3.6%
Dec 2023−0.2%−0.3%
Mar 2024−3.3%−3.3%
Jun 2024−8.3%−8.4%
Sep 20240.8%0.5%
Dec 2024−1.2%−1.2%
Mar 2025−6.5%−6.4%
Jun 20252.9%2.8%
Sep 2025−4.5%−4.3%
Dec 2025−10.2%−10.1%
Mar 2026−3.4%−3.3%
Jun 2026−2.5%−2.6%
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.

ROCE: the return line, worked out each quarter

  • ROCE 23.4%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 202335.2%
Dec 202336.1%
Mar 202430.4%
Jun 202428.5%
Sep 202430.4%
Dec 202430.5%
Mar 202525.7%
Jun 202526.1%
Sep 202526.5%
Dec 202525%
Mar 202622.9%
Jun 202623.4%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Steady highRevenue growth · latest +2.0%, range −3.4% to +10.2%
RecoveringProfit growth · latest −2.5%, range −10.2% to +3.4%
RecoveringEPS growth · latest −2.6%, range −10.1% to +3.6%
Turning downROCE · latest 23.4%, range 22.9% to 36.1%

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

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+3.5%+2.7%+21.5%+11.0%
Profit−3.1%−3.9%+23.5%+15.4%
EPS−3.3%−3.9%+24.0%+15.1%
Share price−22.3%−27.5%——
+7.1%Revenue growth (Jun 2026) · latest quarter against a year ago
+15.7%Profit growth (Jun 2026) · latest quarter against a year ago
11.0%Revenue, 10 years · yearly growth over the long run

How much does Vedant Fashions earn on its capital?

Vedant Fashions Ltd earned a ROCE of 23% in FY26. That is up from a low of 15% in FY21. Its return on capital used (ROIC) is 6.8 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 26.2% net margin and 0.50× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 26.2% net margin × 0.50× asset turnover × 1.45× leverage (assets divided by equity) ≈ 19.0% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 18.8% − 12.0% = +6.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.

The 18.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 20.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY26: ROCE 23%, the climb back from FY21's 15%

  • ROCE 23%
  • ROIC (annual) 20.3%
  • Cost of capital 12%
FY26: ROCE 23%, the climb back from FY21's 15%
QuarterROCEROIC (annual)Cost of capital
FY1757%–12%
FY1844%–12%
FY1935%–12%
FY2031%–12%
FY2115%–12%
FY2233%33.5%12%
FY2339%42%12%
FY2431%31.8%12%
FY2526%24.7%12%
FY2623%20.3%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 10-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q4 FY26: ROCE 18.5% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 18.5%
  • ROIC (12 months) 20.6%
  • Cost of capital 12.0%
Q4 FY26: ROCE 18.5% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q2 FY2429.2%39.3%12%
Q3 FY24–36.5%12%
Q4 FY2424.5%34.7%12%
Q1 FY25–32.8%12%
Q2 FY2524.3%28.6%12%
Q3 FY25–29.3%12%
Q4 FY2520.9%28.7%12%
Q1 FY26–27.3%12%
Q2 FY2621.4%27.3%12%
Q3 FY26–25.8%12%
Q4 FY2618.5%21.5%12%
Q1 FY27–20.6%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Vedant Fashions have too much debt?

Vedant Fashions Ltd has total debt of ₹458 Cr against shareholder equity of ₹1,964 Cr as of Jun 2026, so its debt is 0.23× its equity, which is very little. Year by year, that ratio went from 0.26 in FY22 to 0.23 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹458 Cr, 0.23× equity

  • Total debt ₹458
FY26: debt ₹458 Cr, 0.23× equity
QuarterTotal debt
FY22₹279
FY23₹293
FY24₹444
FY25₹483
FY26₹458

Debt-to-equity

  • Debt-to-equity 0.23×
Debt-to-equity
QuarterDebt-to-equity
FY220.26×
FY230.21×
FY240.28×
FY250.27×
FY260.23×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt ₹458 Cr, debt-to-equity 0.23

  • Total debt (quarterly) ₹458
Jun 2026: debt ₹458 Cr, debt-to-equity 0.23
QuarterTotal debt (quarterly)
Sep 2023₹365
Dec 2023₹365
Mar 2024₹444
Jun 2024₹444
Sep 2024₹463
Dec 2024₹463
Mar 2025₹483
Jun 2025₹483
Sep 2025₹464
Dec 2025₹464
Mar 2026₹458
Jun 2026₹458

Debt-to-equity

  • Debt-to-equity 0.23×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.27×
Dec 20230.27×
Mar 20240.28×
Jun 20240.28×
Sep 20240.30×
Dec 20240.30×
Mar 20250.27×
Jun 20250.27×
Sep 20250.27×
Dec 20250.27×
Mar 20260.23×
Jun 20260.23×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Vedant Fashions shareholding pattern?

Domestic institutions raised their stake in Vedant Fashions Ltd by 2.6 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 14.2% of the company. Foreign institutions moved −2.2 points over the same period, to 7.3%. 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: +2.6 points over 8 quarters, to 14.2%; Foreign institutions: −2.2 points over 8 quarters, to 7.3%; Promoters: +0.0 points over 8 quarters, to 74.9%.

Why the owners changed: foreign institutions moved −2.2 points and domestic institutions +2.6 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company.

Year ends: foreign institutions +0.1 points from Mar 2024 to Mar 2026

  • Promoters 74.94%
  • Foreign inst. 8.28%
  • Domestic inst. 12.62%
  • Public 4.14%
Year ends: foreign institutions +0.1 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202474.97%8.13%12.64%4.27%
Mar 202574.95%10.14%10.59%4.31%
Mar 202674.94%8.28%12.62%4.14%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Domestic institutions raised their stake by 2.6 points over 8 quarters

  • Promoters 74.94%
  • Foreign inst. 7.35%
  • Domestic inst. 14.17%
  • Public 3.52%
Domestic institutions raised their stake by 2.6 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Sep 202374.99%6.68%14.88%3.46%
Dec 202374.98%7.75%13.73%3.55%
Mar 202474.97%8.13%12.64%4.27%
Jun 202474.97%9.04%11.89%4.09%
Sep 202474.97%9.53%11.57%3.93%
Dec 202474.95%10.54%10.38%4.13%
Mar 202574.95%10.14%10.59%4.31%
Jun 202574.95%9.88%11.1%4.07%
Sep 202574.94%9.76%10.95%4.35%
Dec 202574.94%9.29%12%3.77%
Mar 202674.94%8.28%12.62%4.14%
Jun 202674.94%7.95%13.19%3.92%
Sep 202674.94%7.35%14.17%3.52%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Vedant Fashions from balance-sheet trouble?

For Vedant Fashions Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

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 Vedant Fashions rank in its industry?

49.4 out of 100, rank 18 of 26 in Textiles - Readymade Apparel, with 81% of the evidence available.

Vedant Fashions Ltd scores 49.4 out of 100 against the 26 companies it is compared with in Textiles - Readymade Apparel, ranking 18. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 10.9 + 19.6 + 7.6 + 11.3 = 49.4. 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 profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Vedant Fashions compared with?

Vedant Fashions ranks 18 of 26 Textiles - Readymade Apparel companies on the 4-Factor Sector Score, with 49.4 out of 100.

  1. 1Cantabil Retail India LtdCANTABIL · turning · Most evidence points up · 96% evidence74.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.9/35 · Revenue 15.8% · Profit 22.8% · Operating margin change 2 points · 88% evidenceCapital efficiency 20.3/25 · ROCE 19.4% · Operating margin 33% · 100% evidenceValuation 15.9/20 · P/E 21.7× · PEG 0.75 · 100% evidenceRelative strength 15.4/20 · Lead over its industry 9.5% · Lead over NIFTY 500 6.5% · 1 year -2.8% · 100% evidence · 8 of 12 weeks aheadExact sum: 22.9 + 20.3 + 15.9 + 15.4 = 74.5 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2Karnika Industries LtdKARNIKA · breaking out · Most evidence points up · 67% evidence70.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 26.3/35 · Revenue 47.8% · Profit 68.4% · Operating margin change -2 points · 95% evidenceCapital efficiency 20.8/25 · ROCE 29.6% · Operating margin 19% · 76% evidenceValuation 11.3/20 · P/E 25.5× · PEG — · 50% evidenceRelative strength 11.8/20 · Lead over its industry — · Lead over NIFTY 500 11.8% · 1 year -21.1% · 25% evidence · 5 of 12 weeks aheadExact sum: 26.3 + 20.8 + 11.3 + 11.8 = 70.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  3. 3Thomas Scott India LtdTHOMASCOTT · Most evidence points up · 69% evidence67.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 34.2/43.75 · Revenue 61.5% · Profit 54.4% · Operating margin change 0.7 points · 88% evidenceCapital efficiency 17.6/31.25 · ROCE 20.4% · Operating margin 12% · 100% evidenceValuation 15.3/25 · P/E 21× · PEG 1.14 · 65% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 34.2 + 17.6 + 15.3 = 67.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone.
  4. 4Trent LtdTRENT · turning · Most evidence points up · 93% evidence66.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.9/35 · Revenue 18.4% · Profit 18.8% · Operating margin change 1 points · 100% evidenceCapital efficiency 20.9/25 · ROCE 28.3% · Operating margin 18% · 100% evidenceValuation 4.2/20 · P/E 84× · PEG 5.04 · 65% evidenceRelative strength 17.6/20 · Lead over its industry 17.1% · Lead over NIFTY 500 13.5% · 1 year -3.6% · 100% evidence · 4 of 12 weeks aheadExact sum: 23.9 + 20.9 + 4.2 + 17.6 = 66.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  5. 5SBC Exports LtdSBC · leader · Evidence leans up · 82% evidence64.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.8/35 · Revenue 63.4% · Profit 100% · Operating margin change -3 points · 95% evidenceCapital efficiency 14.9/25 · ROCE 18.4% · Operating margin 9% · 76% evidenceValuation 5.8/20 · P/E 82.3× · PEG — · 50% evidenceRelative strength 20.0/20 · Lead over its industry 89% · Lead over NIFTY 500 82.5% · 1 year 176.9% · 100% evidence · 10 of 12 weeks aheadExact sum: 23.8 + 14.9 + 5.8 + 20 = 64.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6V-Mart Retail LtdVMART · turning · Evidence leans up · 89% evidence63.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 26.8/35 · Revenue 19.1% · Profit 100% · Operating margin change 1 points · 88% evidenceCapital efficiency 10.5/25 · ROCE 13.2% · Operating margin 15% · 100% evidenceValuation 11.7/20 · P/E 42.4× · PEG 1.03 · 65% evidenceRelative strength 14.7/20 · Lead over its industry 14.4% · Lead over NIFTY 500 10.5% · 1 year -10.9% · 100% evidence · 9 of 12 weeks aheadExact sum: 26.8 + 10.5 + 11.7 + 14.7 = 63.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Pearl Global Industries LtdPGIL · leader · Evidence leans up · 78% evidence61.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.3/35 · Revenue 13.7% · Profit 29.4% · Operating margin change 2 points · 83% evidenceCapital efficiency 17.0/25 · ROCE 19.9% · Operating margin 11% · 76% evidenceValuation 6.4/20 · P/E 35.2× · PEG — · 50% evidenceRelative strength 17.6/20 · Lead over its industry 39.1% · Lead over NIFTY 500 34.6% · 1 year 80.7% · 100% evidence · 12 of 12 weeks aheadExact sum: 20.3 + 17 + 6.4 + 17.6 = 61.3 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.
  8. 8Bella Casa Fashion & Retail LtdBELLACASA · Evidence leans up · 76% evidence58.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.9/43.75 · Revenue 21.8% · Profit 37% · Operating margin change -4.4 points · 88% evidenceCapital efficiency 14.9/31.25 · ROCE 17.2% · Operating margin 3.8% · 100% evidenceValuation 20.1/25 · P/E 16.6× · PEG 0.45 · 100% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 23.9 + 14.9 + 20.1 = 58.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone.
  9. 9Aditya Birla Lifestyle Brands LtdABLBL · quiet · Evidence leans up · 78% evidence55.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.5/35 · Revenue 10.9% · Profit 42.1% · Operating margin change 0 points · 100% evidenceCapital efficiency 13.0/25 · ROCE 15% · Operating margin 16% · 100% evidenceValuation 11.6/20 · P/E 35.4× · PEG 1.05 · 65% evidenceRelative strength 8.1/20 · Lead over its industry — · Lead over NIFTY 500 -26.5% · 1 year -47.2% · 25% evidence · 0 of 12 weeks aheadExact sum: 22.5 + 13 + 11.6 + 8.1 = 55.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10Baazar Style Retail LtdSTYLEBAAZA · breaking out · Evidence leans up · 79% evidence54.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.1/35 · Revenue 34.9% · Profit 100% · Operating margin change -0.6 points · 88% evidenceCapital efficiency 5.7/25 · ROCE 7.6% · Operating margin 14.8% · 100% evidenceValuation 8.5/20 · P/E 98.5× · PEG — · 15% evidenceRelative strength 17.3/20 · Lead over its industry 16.3% · Lead over NIFTY 500 12.8% · 1 year 11.4% · 100% evidence · 11 of 12 weeks aheadExact sum: 23.1 + 5.7 + 8.5 + 17.3 = 54.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  11. 11Iris Clothings LtdIRISDOREME · leader · Evidence leans up · 100% evidence54.2out of 100GrowthCapitalValuationRelative
  12. 12Sai Silks (Kalamandir) LtdKALAMANDIR · basing · Evidence leans up · 81% evidence53.6out of 100GrowthCapitalValuationRelative
  13. 13Kewal Kiran Clothing LtdKKCL · quiet · Evidence leans up · 78% evidence53.2out of 100GrowthCapitalValuationRelative
  14. 14V2 Retail LtdV2RETAIL · quiet · Evidence leans up · 79% evidence52.7out of 100GrowthCapitalValuationRelative
  15. 15Arvind Fashions LtdARVINDFASN · quiet · Evidence leans up · 89% evidence52.2out of 100GrowthCapitalValuationRelative
  16. 16Monte Carlo Fashions LtdMONTECARLO · turning · Evidence leans up · 73% evidence50.5out of 100GrowthCapitalValuationRelative
  17. 17Vishal Mega Mart LtdVMM · quiet · Evidence leans up · 78% evidence50.3out of 100GrowthCapitalValuationRelative
  18. 18Vedant Fashions Ltd this pageMANYAVAR · breaking out · Evidence leans down · 81% evidence49.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 10.9/35 · Revenue 2% · Profit -2.5% · Operating margin change 0 points · 88% evidenceCapital efficiency 19.6/25 · ROCE 22.8% · Operating margin 43% · 100% evidenceValuation 7.6/20 · P/E 30.1× · PEG 5.66 · 100% evidenceRelative strength 11.3/20 · Lead over its industry — · Lead over NIFTY 500 4.8% · 1 year -25.9% · 25% evidence · 12 of 12 weeks aheadExact sum: 10.9 + 19.6 + 7.6 + 11.3 = 49.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  19. 19Credo Brands Marketing LtdMUFTI · Evidence leans down · 76% evidence47.2out of 100GrowthCapitalValuationRelative
  20. 20S P Apparels LtdSPAL · quiet · Evidence leans down · 96% evidence42.3out of 100GrowthCapitalValuationRelative
  21. 21Lux Industries LtdLUXIND · quiet · Evidence leans down · 78% evidence41.6out of 100GrowthCapitalValuationRelative
  22. 22Raymond Lifestyle LtdRAYMONDLSL · quiet · Evidence leans down · 78% evidence39.1out of 100GrowthCapitalValuationRelative
  23. 23Go Fashion (India) LtdGOCOLORS · quiet · Evidence leans down · 75% evidence35.7out of 100GrowthCapitalValuationRelative
  24. 24Gokaldas Exports LtdGOKEX · quiet · Most evidence points down · 81% evidence28.3out of 100GrowthCapitalValuationRelative
  25. 25Aditya Birla Fashion & Retail LtdABFRL · quiet · Most evidence points down · 61% evidence27.6out of 100GrowthCapitalValuationRelative
  26. 26Kitex Garments LtdKITEX · basing · Most evidence points down · 68% evidence21.0out 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. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. 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: Textiles - Readymade Apparel, all 26 compared on one page.

Which companies are close to Vedant Fashions in size?

Vedant Fashions is the 3rd largest of 26 Textiles - Readymade Apparel companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Trent and Vishal Mega Mart. Just below it: Pearl Global Industries, Aditya Birla Lifestyle Brands, V-Mart Retail and V2 Retail.

Textiles - Readymade Apparel companies close in size

  1. Trent Ltd ₹1,60,892 crore
  2. Vishal Mega Mart Ltd ₹39,540 crore
  3. Vedant Fashions Ltd ₹11,628 crore
  4. Pearl Global Industries Ltd ₹11,030 crore
  5. Aditya Birla Lifestyle Brands Ltd ₹8,606 crore
  6. V-Mart Retail Ltd ₹5,885 crore
  7. V2 Retail Ltd ₹5,377 crore

All 26 Textiles - Readymade Apparel companies, largest first

Companies close in size in other industries

  1. Interise Trust ₹11,659 crore · Construction - Civil/Turnkey
  2. Prudent Corporate Advisory Services Ltd ₹11,643 crore · Finance - Capital Markets
  3. Vedant Fashions Ltd ₹11,628 crore
  4. Canara HSBC Life Insurance Company Ltd ₹11,534 crore · Finance - Insurance
  5. Akums Drugs & Pharmaceuticals Ltd ₹11,517 crore · Pharma - Formulators

What else do people ask about Vedant Fashions?

What is Vedant Fashions's share price today?

Vedant Fashions Ltd's share price is ₹496.80, −22.3% over the past year. The whole company is worth ₹12,060 Cr on the market.

In the last 52 weeks it traded between ₹342 to ₹640; today it is 52% of the way up from the low, 2.7% below its 200-day average (as of 4 November 2026).

What were Vedant Fashions's latest quarterly results?

Vedant Fashions Ltd reported revenue of ₹301 Cr and net profit of ₹81.0 Cr for the Jun 2026 quarter. Revenue rose 7.1% and profit rose 15.7% compared with a year earlier. Earnings per share were ₹3.32.

The operating margin was 43.0%, 0.0 percentage points higher than a year earlier (as of 4 November 2026).

What is Vedant Fashions's market cap?

Vedant Fashions Ltd's market capitalisation is ₹12,060 Cr at a share price of ₹496.80. 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 Vedant Fashions performing?

Vedant Fashions Ltd's share price has been rising for 6 weeks. In its latest quarter, revenue rose 7.1% and profit rose 15.7% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 14 weeks running (as of 4 November 2026).

Will Vedant Fashions's share price go up?

This page does not forecast Vedant Fashions Ltd's share price. What it shows instead: the share price is ₹496.80, and it has been rising for 6 weeks. Its P/E of 31.2× is higher than 14% of its own last 5 years (as of 4 November 2026).

Where is Vedant Fashions in its business cycle?

Vedant Fashions Ltd's FY26 operating margin was 44.0%, against a 11-year range of 29.0% to 50.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 43.0%.

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 Vedant Fashions story?

The main question: foreign institutions moved −2.2 percentage points over 8 quarters while the business went the other way. 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 Vedant Fashions a stock worth studying right now?

What the numbers show: Vedant Fashions Ltd's results are improving, while its P/E is near the low end of its own history over 4.7 years, higher than only 14% of past readings. The main open question: whether the owners’ moves turn back in line with the business.

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).

Is there a Vedant Fashions share price forecast for 2026?

What management itself guided: Remaining-year outlook centers on sustained long-term growth through brand equity, operational efficiency, customer experience, auto-replenishment and the store network.

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.

See the plain-text version of this page.

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