Vedant Fashions Ltd
Next 500 2024
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OVERVIEW
FINANCIALS
About
Vedant Fashions Limited is renowned for its ethnic wear brand 'Manyavar,' catering to men's wedding and celebration wear. The company offers a wide range of traditional outfits, including sherwanis, kurtas, and indo-western ensembles. With a strong retail presence across India and international markets, Vedant Fashions has become synonymous with contemporary ethnic fashion, blending traditional craftsmanship with modern designs.
Incorporation Year: 2002
Headquarters: Kolkata, West Bengal
Top Management: Mr. Ravi Modi (Managing Director)
Industry: Textiles & Garments
Website: vedantfashions.com
Featured In Fortune India Ranking
Next 500 India
#422(2024)#360(2023)#449(2022)
#422(2024)#360(2023)#449(2022)
Ranking Trend Fortune Next 500 India
Financial Data 2024
Revenue
1,409
(INR Cr)
Net Operating Income
1,368
(INR Cr)
Assets
2,232
(INR Cr)
Profit
414
(INR Cr)
Net Worth
1,602
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 1409 -1.8% | 1434 27.2% | 1127 83.3% | 615 -36.8% | 973 18.6% | 820 6.8% | 768 26.0% | 610 16.9% | 522 31.0% | 398 5.7% | 377 91.6% | 197 72.3% | 114 72.7% | 66 - |
| Net Operating Income (INR Cr) | 1368 0.93% | 1355 30.18% | 1041 84.28% | 565 -38.31% | 916 14.34% | 801 5.63% | 758 0.00% | 596 18.26% | 504 22.08% | 413 10.67% | 373 56.48% | 239 41.39% | 169 51.45% | 111 0.00% |
| Profit (INR Cr) | 414 -3.5% | 429 36.3% | 315 137.0% | 133 -43.8% | 237 29.9% | 182 23.2% | 148 39.5% | 106 17.6% | 90 59.8% | 56 15.1% | 49 96.2% | 25 57.5% | 16 210.0% | 5 - |
| Assets (INR Cr) | 2232 20.8% | 1847 23.6% | 1495 5.1% | 1422 -0.2% | 1425 43.5% | 993 23.7% | 803 95.5% | 411 28.6% | 319 20.4% | 265 -5.3% | 280 50.1% | 187 82.8% | 102 48.9% | 69 - |
| Net Worth (INR Cr) | 1602 14.4% | 1400 29.3% | 1083 -0.8% | 1091 2.4% | 1066 20.0% | 889 26.0% | 705 0.0% | 329 41.3% | 233 48.3% | 157 14.1% | 138 55.3% | 89 39.3% | 64 33.2% | 48 0.0% |
| Employee Cost (INR Cr) | 57 0.3% | 57 -1.6% | 58 51.0% | 38 -28.5% | 53 12.9% | 47 -3.6% | 49 40.9% | 35 - | 0 - | 48 72.7% | 28 - | 0 - | 0 - | 0 - |
| Interest Cost (INR Cr) | 45 | 31 | 28 | 26 | 26 | 4 | 6 | 5 | 6 | 8 | 12 | 4 | 1 | 1 |
| Cash & Bank Balance (INR Cr) | 22 | 10 | 4 | 7 | 20 | 119 | 5 | 1 | 2 | 2 | 3 | 3 | 1 | 1 |
| Total Debt (INR Cr) | 444 | 293 | 279 | 210 | 316 | 0 | 13 | 9 | 22 | 58 | 105 | 74 | 26 | 21 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 29.4% | 29.9% | 27.9% | 21.6% | 24.3% | 22.2% | 19.3% | 17.4% | 17.3% | 14.2% | 13.0% | 12.7% | 13.9% | 7.8% |
| Profit As % Of Assets | 18.6% | 23.2% | 21.1% | 9.4% | 16.6% | 18.3% | 18.4% | 25.8% | 28.2% | 21.3% | 17.5% | 13.4% | 15.5% | 7.5% |
| Profit As % Of Networth | 25.9% | 30.7% | 29.1% | 12.2% | 22.2% | 20.5% | 21.0% | 32.2% | 38.7% | 35.9% | 35.6% | 28.2% | 24.9% | 10.7% |
| Interest Cost to EBITDA % | 6.8% | 4.7% | 5.7% | 10.6% | 6.5% | 1.6% | 2.6% | 2.9% | 4.0% | 7.8% | 13.0% | 9.0% | 5.6% | 8.7% |
| Debt to Equity Ratio | 0.28 | 0.21 | 0.26 | 0.19 | 0.30 | - | 0.02 | 0.03 | 0.09 | 0.37 | 0.76 | 0.83 | 0.41 | 0.44 |
| RONW | 27.6% | 34.6% | 29.0% | 12.3% | 24.2% | 22.9% | 21.0% | 37.7% | 46.2% | 38.3% | 43.4% | 32.8% | 28.5% | 10.7% |
| ROCE | 29.1% | 36.3% | 31.0% | 14.6% | 27.9% | 31.6% | 29.0% | 46.3% | 49.6% | 34.5% | 36.9% | 28.5% | 29.4% | 12.5% |