Vardhman Textiles Ltd

Vardhman Textiles Ltd

Fortune 500 2024
+ 14 More
+ 14 More
OVERVIEW
FINANCIALS

About

Vardhman Textiles is an Indian textile company currently headed by S.P. Oswal. With a presence in over 75 countries and 18 manufacturing facilities within India, Vardhman Textiles have a production capacity of 240,000 metric tonnes of yarn and 220 million meters of woven fabric. Through its facilities in Punjab, Himachal Pradesh, Madhya Pradesh, and Gujarat, the company can churn out 670 metric tonnes of yarn per day and 180 million meters of fabrics per annum. In addition to this, Vardhman Textiles also produces fibres, garments, threads, acrylic fibres, and special steels. Known for its reliability, consistency, and flexibility, Vardhman is pervasive across its product, people, and process practices. Through their sustainability framework, PRO—Proactively Responsible Organisation, the company is committed to its sustainability initiatives to bring about a positive long-term impact across the globe.

Incorporation Year: 1973
Headquarters: Ludhiana
Top Management: Vardhman Group
Industry: Textiles & Garments

Featured In Fortune India Ranking

Fortune 500 India
#251(2024)
#212(2023)
#176(2022)
#223(2021)
#203(2020)
#210(2019)
#214(2018)
#190(2017)
#193(2016)
#188(2015)
#182(2014)
#211(2013)
#210(2012)
#176(2011)
#198(2010)
#251(2024)#212(2023)#176(2022)#223(2021)#203(2020)#210(2019)#214(2018)#190(2017)#193(2016)#188(2015)#182(2014)#211(2013)#210(2012)#176(2011)#198(2010)
Ranking Trend Fortune 500 India

Financial Data 2024

Revenue
9,777
(INR Cr)
Net Operating Income
9,505
(INR Cr)
Assets
11,012
(INR Cr)
Profit
632
(INR Cr)
Net Worth
9,100
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
9777
-5.6%
10357
0.6%
10292
63.5%
6295
-9.8%
6980
-1.8%
7108
9.3%
6501
-3.1%
6711
11.7%
6008
-11.7%
6807
5.2%
6472
25.7%
5147
12.7%
4569
-3.6%
4741
35.7%
3493
10.4%
3165
-
Net Operating Income
(INR Cr)
9505
-6.24%
10137
5.35%
9622
56.72%
6140
-8.84%
6735
-2.08%
6878
10.08%
6248
3.62%
6030
2.91%
5860
-13.65%
6786
10.05%
6166
24.02%
4972
7.14%
4641
5.03%
4418
31.85%
3351
12.89%
2968
24.32%
Profit
(INR Cr)
632
-20.6%
795
-48.6%
1547
273.3%
414
-28.3%
578
-21.0%
731
25.7%
581
-40.8%
981
59.7%
615
53.6%
400
-44.3%
718
101.6%
356
152.1%
141
-73.1%
525
100.9%
261
52.7%
171
-
Assets
(INR Cr)
11012
6.2%
10366
5.1%
9862
12.4%
8771
4.1%
8429
5.1%
8020
8.2%
7414
11.4%
6655
-1.6%
6760
4.3%
6481
-6.4%
6921
14.4%
6052
13.9%
5313
-4.0%
5532
22.4%
4519
9.0%
4145
-
Net Worth
(INR Cr)
9100
6.3%
8563
11.2%
7704
19.1%
6468
7.0%
6048
8.2%
5591
12.9%
4954
15.9%
4273
6.8%
4000
18.5%
3375
7.8%
3132
25.0%
2506
13.6%
2207
-2.5%
2264
41.1%
1604
16.0%
1383
9.5%
Employee Cost
(INR Cr)
840
9.5%
767
5.2%
729
23.6%
590
-1.0%
596
8.3%
550
8.7%
506
5.7%
479
10.4%
434
-3.3%
448
9.7%
409
17.0%
349
19.5%
292
6.9%
274
27.3%
215
7.4%
200
-
Interest Cost
(INR Cr)
10210210011313512011812989125151177174137118129
Cash & Bank Balance
(INR Cr)
8837412221228044744527920381658471262373
Total Debt
(INR Cr)
1791167819832132222122782321223826302640337331742757294426432533

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 6.5%7.7%15.0%6.6%8.3%10.3%8.9%14.6%10.2%5.9%11.1%6.9%3.1%11.1%7.5%5.4%
Profit As % Of Assets 5.7%7.7%15.7%4.7%6.9%9.1%7.8%14.8%9.1%6.2%10.4%5.9%2.7%9.5%5.8%4.1%
Profit As % Of Networth 6.9%9.3%20.1%6.4%9.6%13.1%11.7%23.0%15.4%11.9%22.9%14.2%6.4%23.2%16.3%12.4%
Interest Cost to EBITDA % 10.5%7.7%4.4%13.9%14.4%10.0%13.1%10.7%7.6%11.2%10.4%18.2%28.2%12.5%16.7%28.5%
Debt to Equity Ratio 0.200.200.260.330.370.410.470.520.660.781.081.271.251.301.651.83
RONW 7.2%9.9%21.9%6.8%10.2%12.6%10.7%15.9%16.9%13.7%27.2%15.2%6.6%25.5%17.3%13.0%
ROCE 8.8%11.6%23.6%7.9%9.8%14.0%10.9%15.2%15.1%11.9%19.6%13.3%7.5%17.7%12.2%10.1%