Vardhman Holdings Ltd (VHL) — shareholding pattern, promoter holding, financials and share price
About Vardhman Holdings Ltd (VHL)
Vardhman Holdings Ltd operates in the Investment Company industry, within the Financial Services sector. It trades on the NSE as VHL and on the BSE under scrip code 500439. Its ISIN is INE701A01023.
Incorporated in 1962, Vardhman Holdings Ltd is in the business of lending and investing activities [1]
Vardhman Holdings Ltd, originally a textile company, is now mainly involved in lending and investment activities. It has transitioned its textile business to Mahavir Spinning Mills.
The company, part of the Vardhman Group, had a significant presence in the textile industry, exporting globally and recognized as an Export House in 1990-91.
Listed peers in Investment Company: Innovassynth Technologies (India) Ltd, Jindal Photo Ltd, Jindal Poly Investment & Finance Company Ltd, Industrial & Prudential Investment Company Ltd, STEL Holdings Ltd, Hexa Tradex Ltd.
Valuation & Returns
10 Jul 2026At ₹3,538.61 a share on 10 Jul 2026, Vardhman Holdings Ltd (VHL) was valued at a price-to-earnings ratio of 5.23x against an industry P/E of 19.5x and a price-to-book of 0.32x on a book value of ₹11,093.29 per share as of Mar 2025. Solomo computes return on equity of 6.1% and return on capital employed of 6.09% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 5.23x
- Industry P/E
- 19.5x
- P/B
- 0.32x
- EPS (TTM)
- ₹676.88
- Book value / share
- ₹11,093.29
- ROE
- 6.1%
- ROCE
- 6.09%
- ROA
- 6.1%
- Debt / equity
- 0x
- Dividend yield
- 75.19%
- 52-week range
- ₹2,870.4 – ₹4,289.85
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Vardhman Holdings Ltd (VHL) reported revenue of ₹12 crore, net profit of ₹216 crore and earnings per share of ₹676.83. That compares with revenue of ₹23 crore and net profit of ₹258 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, net profit ₹54 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 33 | 6 | 15 | 23 | 12 |
| Net profit (₹ cr) | 429 | 228 | 185 | 258 | 216 |
| EPS (₹) | 1,344.45 | 715.74 | 579.29 | 808.4 | 676.83 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 0.88% | 7.42% | -21.27% | 52.89% |
| Profit growth | -2.94% | 2.03% | -23.85% | 39.55% |
| Stock price CAGR | 11% | 2% | 7% | -13% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.9% of Vardhman Holdings Ltd (VHL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.05% and domestic institutional investors (DII) hold 0.07%. Market capitalisation was ₹1,129 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2001.
Largest disclosed public shareholders in Jun 2026: ANIL KUMAR GOEL 4.79%, SEEMA GOEL 1.97%, CD EQUIFINANCE PRIVATE LIMITED 1.97%, SHELLY DESAI 1.05%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.9% | - | 0.05% | 0.07% | 25.1% |
| Mar 2026 | 74.9% | - | 0.05% | 0.07% | 25.1% |
| Dec 2025 | 74.9% | - | 0.05% | 0.07% | 25.1% |
| Sep 2025 | 74.9% | - | 0.05% | 0.06% | 25.1% |
| Jun 2025 | 74.9% | - | 0.06% | 0.06% | 25.1% |
| Mar 2025 | 74.9% | - | 0.07% | 0.06% | 25.1% |
| Dec 2024 | 74.9% | - | 0.07% | 0.06% | 25.1% |
| Sep 2024 | 74.9% | - | 0.06% | 0.13% | 25.1% |