Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 309.08 | 401.34 | 411.51 | 339.92 | 384.78 | 403.68 | 391.46 | 397.17 | 433.09 | 423.70 | 348.15 | 379.09 |
| Expenses | 287.36 | 372.92 | 381.36 | 313.41 | 354.30 | 372.50 | 363.47 | 368.71 | 403.45 | 394.71 | 322.37 | 353.02 |
| Operating Profit | 21.72 | 28.42 | 30.15 | 26.51 | 30.48 | 31.18 | 27.99 | 28.46 | 29.64 | 28.99 | 25.78 | 26.07 |
| OPM % | 7.03% | 7.08% | 7.33% | 7.80% | 7.92% | 7.72% | 7.15% | 7.17% | 6.84% | 6.84% | 7.40% | 6.88% |
| Other Income | 0.05 | 0.70 | 0.27 | 0.18 | 0.05 | 0.47 | 0.90 | 0.01 | 0.22 | 0.45 | 0.45 | 0.09 |
| Interest | 7.28 | 10.23 | 11.65 | 10.47 | 9.86 | 9.47 | 9.85 | 9.70 | 9.46 | 11.02 | 9.03 | 9.99 |
| Depreciation | 8.21 | 8.05 | 8.34 | 7.92 | 8.65 | 8.01 | 8.63 | 8.32 | 8.42 | 7.64 | 7.25 | 6.71 |
| Profit before tax | 6.28 | 10.84 | 10.43 | 8.30 | 12.02 | 14.17 | 10.41 | 10.45 | 11.98 | 10.78 | 9.95 | 9.46 |
| Tax % | 28.98% | 27.68% | 37.49% | 42.41% | 45.92% | 45.80% | 53.22% | 22.58% | 26.46% | 27.83% | 24.52% | 25.58% |
| Net Profit | 4.45 | 7.85 | 6.52 | 4.78 | 6.50 | 7.68 | 4.88 | 8.08 | 8.81 | 7.78 | 7.51 | 7.05 |
| EPS in Rs | 0.23 | 0.40 | 0.33 | 0.24 | 0.33 | 0.39 | 0.25 | 0.39 | 0.36 | 0.31 | 0.30 | 0.28 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 273 | 373 | 891 | 998 | 1,297 | 968 | 1,547 | 1,548 | 1,450 | 1,520 | 1,602 | 1,584 |
| Expenses | 247 | 343 | 836 | 924 | 1,193 | 879 | 1,385 | 1,412 | 1,349 | 1,404 | 1,489 | 1,474 |
| Operating Profit | 26 | 30 | 55 | 75 | 103 | 88 | 161 | 136 | 102 | 116 | 113 | 110 |
| OPM % | 10% | 8% | 6% | 7% | 8% | 9% | 10% | 9% | 7% | 8% | 7% | 7% |
| Other Income | 0 | 0 | 1 | 1 | 2 | 2 | 3 | 4 | 1 | 2 | 1 | 1 |
| Interest | 5 | 5 | 23 | 26 | 32 | 34 | 38 | 37 | 38 | 40 | 39 | 40 |
| Depreciation | 3 | 6 | 14 | 29 | 30 | 26 | 33 | 33 | 33 | 33 | 32 | 30 |
| Profit before tax | 18 | 19 | 20 | 20 | 43 | 30 | 93 | 69 | 31 | 45 | 43 | 42 |
| Tax % | 20% | 54% | 21% | 13% | 31% | 39% | 26% | 23% | 32% | 47% | 25% | |
| Net Profit | 14 | 9 | 16 | 18 | 30 | 18 | 69 | 53 | 21 | 24 | 32 | 31 |
| EPS in Rs | 0.72 | 0.45 | 0.79 | 0.90 | 1.52 | 0.92 | 3.49 | 2.67 | 1.07 | 1.21 | 1.30 | 1.25 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 18% | 14% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 19% | 11% | 1% | 0% | ||
| Compounded Profit Growth | 9% | 12% | -15% | 15% | ||
| Stock Price CAGR | 1% | -14% | -4% | -40% | ||
| Return on Equity | 9% | 10% | 6% | 6% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 22 | 22 | 22 | 33 | 99 | 99 | 99 | 99 | 124 |
| Reserves | 56 | 70 | 170 | 177 | 195 | 225 | 232 | 236 | 292 | 313 | 375 | 514 |
| Borrowings | 48 | 49 | 139 | 327 | 357 | 365 | 387 | 378 | 317 | 381 | 292 | 225 |
| Other Liabilities | 26 | 33 | 123 | 236 | 168 | 158 | 147 | 165 | 159 | 129 | 174 | 152 |
| Total Liabilities | 143 | 165 | 445 | 761 | 742 | 770 | 799 | 878 | 867 | 922 | 940 | 1,015 |
| Fixed Assets | 30 | 51 | 128 | 271 | 286 | 263 | 244 | 270 | 241 | 217 | 197 | 168 |
| CWIP | 5 | 13 | 36 | 19 | 23 | 30 | 33 | 3 | 9 | 2 | 0 | 0 |
| Investments | 0 | 0 | 1 | 3 | 22 | 22 | 22 | 50 | 33 | 50 | 60 | 89 |
| Other Assets | 108 | 101 | 281 | 469 | 411 | 455 | 499 | 554 | 583 | 653 | 684 | 758 |
| Total Assets | 143 | 165 | 445 | 761 | 742 | 770 | 799 | 878 | 867 | 922 | 940 | 1,015 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 9 | 22 | -7 | -39 | 44 | 47 | 14 | 92 | 74 | -6 | 108 | 3 |
| Cash from Investing Activity | -6 | -32 | -110 | -146 | -45 | -14 | -11 | -51 | 12 | -18 | -17 | -10 |
| Cash from Financing Activity | 3 | 5 | 146 | 161 | 3 | -14 | -8 | -41 | -98 | 25 | -90 | 9 |
| Net Cash Flow | 5 | -5 | 29 | -24 | 2 | 19 | -5 | 1 | -12 | 1 | 0 | 1 |
| Free Cash Flow | 3 | -10 | -91 | -194 | -5 | 32 | 5 | 63 | 64 | -9 | 97 | -1 |
| CFO/OP | 50% | 96% | -13% | -62% | 69% | 52% | 29% | 71% | 58% | 6% | 99% | 17% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 88 | 81 | 110 | 108 | 90 | 86 | 136 | 93 | 108 | 129 | 126 | 148 |
| Inventory Days | 33 | 25 | 54 | 38 | 27 | 22 | 28 | 28 | 22 | 26 | 31 | 16 |
| Days Payable | 47 | 47 | 144 | 111 | 70 | 47 | 58 | 40 | 33 | 26 | 34 | 26 |
| Cash Conversion Cycle | 73 | 59 | 20 | 35 | 47 | 61 | 106 | 81 | 97 | 129 | 124 | 138 |
| Working Capital Days | 50 | 38 | 51 | 20 | 46 | 38 | 54 | 38 | 58 | 71 | 77 | 97 |
| ROCE % | 14% | 18% | 11% | 10% | 8% | 13% | 10% | 19% | 15% | 9% | 11% | 10% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 69.00% | 69.00% | 69.00% | 69.00% | 69.00% | 69.00% | 69.00% | 65.07% | 55.06% | 55.05% | 55.05% | 55.05% |
| FIIs | 3.85% | 3.73% | 3.68% | 3.68% | 3.68% | 3.44% | 3.21% | 10.90% | 24.51% | 24.52% | 24.52% | 24.55% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% | 0.04% | 0.00% | 0.00% | 0.00% |
| Public | 27.16% | 27.28% | 27.32% | 27.31% | 27.32% | 27.56% | 27.79% | 23.99% | 20.39% | 20.42% | 20.43% | 20.38% |
| No. of Shareholders | 33,191 | 34,409 | 36,058 | 34,808 | 39,453 | 39,082 | 39,082 | 38,608 | 37,428 | 37,934 | 37,198 | 36,529 |
Fundamentals
Market Cap₹ 436 Cr.
Current Price₹ 17.9
Stock P/E14.0
Book Value₹ 25.8
ROCE10.1 %
ROE5.79 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)0%
Compounded Profit Growth (TTM)15%
Standalone figures.
Valuation
Market capRs 430 Cr
Enterprise valueRs 643 Cr
P/E (TTM)13.82x
Price to book0.67x
Price to sales0.27x
EV / EBITDA5.76x
EV / EBIT7.87x
EV / sales0.41x
Price to cash flow146.88x
Earnings yield7.24%
P/E, 3-year average17.51x
P/B, 3-year average0.89x
P/E, 5-year average13.75x
P/B, 5-year average1.11x
Profitability
Operating margin (excl. other income)7.05%
Operating margin (incl. other income)7.12%
EBITDA margin7.05%
Pre-tax margin2.66%
Net profit margin1.97%
Net margin, latest quarter1.86%
ROE5.79%
ROCE10.11%
ROA3.29%
ROE, 3-year average5.48%
ROCE, 3-year average10.07%
ROA, 3-year average2.74%
ROE, 5-year average10.81%
ROCE, 5-year average12.88%
ROA, 5-year average4.50%
ROIC (approx.)7.16%
Tax rate25.44%
Other income / net worth0.17%
Growth
Sales growth (latest year)5.41%
Profit growth (latest year)34.98%
Sales CAGR, 3 years1.15%
Sales CAGR, 5 years10.61%
Profit CAGR, 3 years-15.23%
Profit CAGR, 5 years12.20%
Sales growth QoQ8.89%
Profit growth QoQ-6.13%
Sales growth YoY (latest quarter)-4.55%
Profit growth YoY (latest quarter)-12.75%
Per share
EPS (TTM)Rs 1.26
EPS (latest year)Rs 1.30
EPS (latest quarter)Rs 0.28
EPS, 3-year averageRs 1.19
EPS, 5-year averageRs 1.95
Book value per shareRs 25.77
Sales per shareRs 63.97
Cash flow per shareRs 0.12
Free cash flow per shareRs -0.04
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout, 5-year average14.31%
Efficiency
Asset turnover1.58x
Fixed asset turnover9.53x
Inventory turnover22.87x
Inventory days16 days
Debtor days148 days
Debtors turnover2.47x
Creditor days26 days
Cash conversion cycle138 days
Working capital days97 days
Leverage
Total debtRs 225 Cr
Cash and bankRs 13 Cr
Net debtRs 213 Cr
Debt to equity0.35x
Net debt / EBITDA1.90x
Interest coverage2.07x
Owners' fund to total sources62.85%
Debt to assets22.21%
Cash flow
Cash from Operating Activity (latest year)Rs 3 Cr
Cash from Investing Activity (latest year)Rs -10 Cr
Cash from Financing Activity (latest year)Rs 9 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs -68 Cr
Cash from ops / profit, 5 years1.36x
Sales to cash flow546.80x
Statement figures
Net sales (TTM)Rs 1,584 Cr
Net sales (latest year)Rs 1,602 Cr
Sales (latest quarter)Rs 379 Cr
Operating profit excl. other income (latest year)Rs 113 Cr
Operating profit (latest quarter)Rs 26 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 112 Cr
PBDT (TTM)Rs 72 Cr
Profit before tax (TTM)Rs 42 Cr
Tax (latest year)Rs 11 Cr
Net profit (TTM)Rs 31 Cr
Net profit (latest year)Rs 32 Cr
Net profit (latest quarter)Rs 7 Cr
Depreciation (TTM)Rs 30 Cr
Depreciation (latest quarter)Rs 7 Cr
Interest (TTM)Rs 40 Cr
Cost of goods sold (latest year)Rs 1,446 Cr
Total expenditure (latest year)Rs 1,489 Cr
Total income (latest year)Rs 1,603 Cr
Share capitalRs 124 Cr
ReservesRs 514 Cr
Shareholders' fundsRs 638 Cr
Total assetsRs 1,015 Cr
Net blockRs 168 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 89 Cr
ReceivablesRs 648 Cr
InventoryRs 63 Cr
Other liabilitiesRs 152 Cr
Shares outstanding (crore)24.76
Ownership
Promoter holding55.05% (-10.02 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 13.8 is at the 27th percentile of its own 6.8-year range
(median 49.9, low 5.9, high 395.8).
P/B 0.67 is the lowest in 6.8 years (median 4.03).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | VISHAL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.8% | -2.8% | -1.0 pts |
| 1 month | -9.2% | -6.8% | -2.5 pts |
| 3 months | -15.0% | -7.6% | -7.4 pts |
| 6 months | +7.0% | +0.4% | +6.5 pts |
| 1 year | -15.6% | -9.9% | -5.7 pts |
| 2 years | -58.3% | -13.6% | -44.8 pts |
| 3 years | -14.6% | +14.2% | -28.8 pts |
| 5 years | -54.0% | +27.9% | -81.9 pts |
Red flags
F-score 4 of 8| explain | Share dilution Share count up 25% in a year, 25% in three |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹379 Cr -4.6% vs Jun 2025.
Net profit ₹7 Cr -12.7%.
Against our estimate for Jun 2026: sales -1.5%, profit -10.0% in line. Our estimate for Sep 2026: sales Rs 399 Cr, profit Rs 8 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Page Industries Ltd | 40,801 | 52.2 | 64.4 % |
| Arvind Ltd | 14,838 | 33.8 | 14.7 % |
| Pearl Global Industries Ltd | 11,921 | 38.0 | 19.9 % |
| Gokaldas Exports Ltd | 4,972 | 48.3 | 7.65 % |
| Lux Industries Ltd | 3,321 | 32.1 | 7.68 % |
| Kewal Kiran Clothing Ltd | 2,884 | 19.5 | 17.2 % |
| SBC Exports Ltd | 2,607 | 76.8 | 16.7 % |
| S P Apparels Ltd | 2,356 | 22.4 | 14.0 % |
| Kitex Garments Ltd | 2,304 | 1.59 % | |
| Cantabil Retail India Ltd | 1,949 | 20.0 | 19.4 % |
| Dollar Industries Ltd | 1,593 | 14.4 | 13.6 % |
| Iris Clothings Ltd | 1,195 | 68.0 | 16.0 % |
| Monte Carlo Fashions Ltd | 1,070 | 10.2 | 14.0 % |
| Rupa & Company Ltd | 1,053 | 13.5 | 9.59 % |
| Karnika Industries Ltd | 775 | 27.7 | % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2023-09-21 | Annual General Meeting | |
| 2022-09-22 | Annual General Meeting | |
| 2022-03-10 | Bonus 2:1 | 0.3333 |
| 2021-12-10 | Annual General Meeting | |
| 2021-08-05 | Interim Dividend - Rs 0.50 Per Share | |
| 2021-02-18 | Interim Dividend - 0.50 Per Share | |
| 2020-12-16 | Bonus 1:2 | 0.6667 |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
| Order date | Forum | Case |
|---|---|---|
| 2021-07-28 | NCLT | Mr. Vishal fabrics & Ors . Vs M/s. Avj Developers (India) Pvt Ltd. |
| 2021-06-11 | NCLT | Mr. Vishal fabrics & Ors . Vs M/s. Avj Developers (India) Pvt Ltd. |
| 2021-05-18 | NCLT | Mr. Vishal fabrics & Ors . Vs M/s. Avj Developers (India) Pvt Ltd. |
| 2021-04-13 | NCLT | Mr. Vishal fabrics & Ors . Vs M/s. Avj Developers (India) Pvt Ltd. |
| 2021-03-23 | NCLT | Mr. Vishal fabrics & Ors . Vs M/s. Avj Developers (India) Pvt Ltd. |
| 2020-12-14 | NCLT | Mr. Vishal fabrics & Ors . Vs M/s. Avj Developers (India) Pvt Ltd. |
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Vishal Fabrics Ltd?
Vishal Fabrics Ltd (VISHAL) has a market capitalisation of Rs 436 Cr. at the 2026-10-01 close.
What is the P/E ratio of Vishal Fabrics Ltd?
Vishal Fabrics Ltd trades at a P/E of 14.0 on trailing twelve-month profit, at the 2026-10-01 close.
What were Vishal Fabrics Ltd's latest quarterly results?
In the Jun 2026 quarter, Vishal Fabrics Ltd sales was Rs 379 Cr (-4.6% vs Jun 2025) and net profit was Rs 7 Cr.
What is the 52-week high and low of Vishal Fabrics Ltd?
The 52-week high is Rs 21.94 and the 52-week low is Rs 17.25.