Vardhman Textiles Ltd (VTL) — shareholding pattern, promoter holding, financials and share price

Vardhman Textiles Ltd operates in the Other Textile Products industry, within the Textiles sector. It trades on the NSE as VTL and on the BSE under scrip code 502986. Its ISIN is INE825A01020.

Vardhman textiles is engaged in the business of manufacturing Yarn, Fabric, Acrylic Fiber and Garments, the Group has over the years developed as a business conglomerate with a presence in India and in 75 countries across the globe. [1]

Vardhman Textiles is a vertically integrated Indian textile conglomerate manufacturing cotton and synthetic yarns and woven fabrics, operating over 100,000 spindles with large weaving and processing capacities, serving global retailers across the USA, Europe and Asia while expanding into performance and synthetic filament fabric segments through recent commissioning and modernization investments.

Quarterly performance was broadly stable but under pressure: consolidated EBITDA margins were around 15% for the quarter and year-to-date versus 17% last year, with yarn utilization near 95% and fabric utilization about 89–90%, while elevated domestic cotton prices driven by MSP increases and CCI procurement are creating a structural cost disadvantage versus key competing countries.

Listed peers in Other Textile Products: Welspun Living Ltd, Trident Ltd, Indo Count Industries Ltd, Garware Technical Fibres Ltd, Alok Industries Ltd, Raymond Lifestyle Ltd.