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 | 47.24 | 51.03 | 63.77 | 59.14 | 73.17 | 103.52 | 108.69 | 71.99 | 89.88 | 99.95 | 110.17 | 98.40 |
| Expenses | 38.88 | 44.18 | 59.63 | 50.87 | 59.81 | 76.70 | 90.24 | 63.56 | 84.88 | 92.93 | 102.90 | 92.57 |
| Operating Profit | 8.36 | 6.85 | 4.14 | 8.27 | 13.36 | 26.82 | 18.45 | 8.43 | 5.00 | 7.02 | 7.27 | 5.83 |
| OPM % | 17.70% | 13.42% | 6.49% | 13.98% | 18.26% | 25.91% | 16.97% | 11.71% | 5.56% | 7.02% | 6.60% | 5.92% |
| Other Income | 1.66 | 1.48 | 1.51 | 1.34 | 2.08 | 0.51 | 0.90 | 0.87 | 1.16 | 0.86 | -2.50 | 0.64 |
| Interest | 0.13 | 0.25 | 0.29 | 0.18 | 0.28 | 0.35 | 0.99 | 0.40 | 0.40 | 0.42 | 0.58 | 0.80 |
| Depreciation | 2.64 | 2.08 | 1.61 | 2.27 | 2.32 | 2.33 | 2.50 | 2.79 | 2.85 | 2.84 | 2.87 | 3.07 |
| Profit before tax | 7.25 | 6.00 | 3.75 | 7.16 | 12.84 | 24.65 | 15.86 | 6.11 | 2.91 | 4.62 | 1.32 | 2.60 |
| Tax % | 30.62% | 23.17% | 5.87% | 26.82% | 23.91% | 26.17% | 23.27% | 24.55% | 20.27% | 27.06% | 32.58% | 25.38% |
| Net Profit | 5.04 | 4.61 | 3.52 | 5.23 | 9.77 | 18.20 | 12.17 | 4.60 | 2.32 | 3.38 | 0.90 | 1.93 |
| EPS in Rs | 0.50 | 0.46 | 0.35 | 0.52 | 0.97 | 1.81 | 1.21 | 0.46 | 0.23 | 0.34 | 0.09 | 0.19 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 154 | 150 | 165 | 160 | 161 | 143 | 194 | 209 | 208 | 345 | 372 | 398 |
| Expenses | 140 | 140 | 150 | 145 | 144 | 126 | 171 | 192 | 182 | 278 | 344 | 373 |
| Operating Profit | 14 | 11 | 14 | 15 | 16 | 16 | 23 | 17 | 26 | 67 | 28 | 25 |
| OPM % | 9% | 7% | 9% | 9% | 10% | 11% | 12% | 8% | 12% | 19% | 7% | 6% |
| Other Income | 5 | 9 | 5 | 7 | 9 | 5 | 5 | 6 | 7 | 5 | 0 | 0 |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Depreciation | 5 | 7 | 7 | 7 | 8 | 8 | 9 | 10 | 9 | 9 | 11 | 12 |
| Profit before tax | 14 | 12 | 12 | 14 | 16 | 12 | 18 | 12 | 23 | 61 | 15 | 11 |
| Tax % | 33% | 34% | 35% | 27% | 26% | 21% | 18% | 26% | 22% | 25% | 25% | |
| Net Profit | 9 | 8 | 8 | 10 | 12 | 10 | 15 | 9 | 18 | 45 | 11 | 9 |
| EPS in Rs | 0.93 | 0.82 | 0.77 | 1.02 | 1.20 | 0.97 | 1.48 | 0.91 | 1.82 | 4.51 | 1.11 | 0.85 |
| Dividend Payout % | 32% | 37% | 39% | 35% | 30% | 25% | 24% | 31% | 22% | 9% | 67% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 9% | 21% | 21% | 11% | ||
| Compounded Profit Growth | 6% | 9% | 26% | -75% | ||
| Stock Price CAGR | 13% | 20% | 18% | -39% | ||
| Return on Equity | 6% | 7% | 8% | 4% |
| 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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 10 |
| Reserves | 115 | 121 | 175 | 182 | 193 | 199 | 215 | 230 | 241 | 259 | 302 | 305 |
| Borrowings | 7 | 4 | 10 | 11 | 8 | 10 | 10 | 7 | 4 | 4 | 41 | 75 |
| Other Liabilities | 12 | 12 | 21 | 17 | 15 | 24 | 20 | 23 | 20 | 31 | 35 | 58 |
| Total Liabilities | 139 | 141 | 210 | 214 | 221 | 237 | 249 | 264 | 269 | 298 | 383 | 448 |
| Fixed Assets | 47 | 44 | 91 | 85 | 88 | 96 | 99 | 97 | 95 | 98 | 108 | 123 |
| CWIP | 2 | 3 | 0 | 7 | 0 | 0 | 3 | 0 | 0 | 1 | 2 | 2 |
| Investments | 34 | 0 | 69 | 25 | 65 | 79 | 85 | 90 | 106 | 88 | 67 | 72 |
| Other Assets | 56 | 94 | 50 | 96 | 68 | 62 | 62 | 78 | 69 | 112 | 205 | 251 |
| Total Assets | 139 | 141 | 210 | 214 | 221 | 237 | 249 | 264 | 269 | 298 | 383 | 448 |
| 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 | -3 | 33 | 17 | 1 | 10 | 25 | 11 | 7 | 22 | -12 | -38 | 1 |
| Cash from Investing Activity | -5 | -2 | -61 | 5 | -3 | -20 | -9 | -1 | -13 | 16 | 8 | -23 |
| Cash from Financing Activity | 1 | 1 | 4 | -4 | -7 | -7 | -1 | -7 | -7 | -5 | 31 | 22 |
| Net Cash Flow | -7 | 32 | -39 | 3 | -1 | -2 | 1 | -1 | 2 | -2 | 2 | 0 |
| Free Cash Flow | -6 | 29 | 3 | -6 | 9 | 12 | -2 | 4 | 15 | -25 | -59 | -24 |
| CFO/OP | 2% | 281% | 177% | 38% | 85% | 182% | 87% | 53% | 144% | -25% | -39% | 38% |
| 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 | 38 | 56 | 50 | 57 | 55 | 38 | 44 | 31 | 24 | 44 | 78 | 50 |
| Inventory Days | 72 | 82 | 74 | 74 | 94 | 102 | 91 | 116 | 76 | 168 | 185 | 237 |
| Days Payable | 7 | 7 | 15 | 11 | 6 | 29 | 6 | 25 | 13 | 47 | 27 | 57 |
| Cash Conversion Cycle | 103 | 130 | 108 | 120 | 143 | 110 | 128 | 122 | 87 | 165 | 236 | 230 |
| Working Capital Days | 77 | 106 | 89 | 102 | 113 | 89 | 110 | 107 | 84 | 143 | 139 | 118 |
| ROCE % | 8% | 9% | 8% | 5% | 6% | 7% | 5% | 6% | 4% | 7% | 19% | 5% |
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 75.00% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.45% | 1.31% | 1.31% | 1.31% | 1.75% | 1.71% | 1.71% |
| Public | 25.00% | 25.01% | 25.01% | 25.00% | 25.01% | 24.55% | 23.71% | 23.69% | 23.70% | 23.25% | 23.29% | 23.31% |
| No. of Shareholders | 4,304 | 4,472 | 4,442 | 4,534 | 5,362 | 5,566 | 6,415 | 7,043 | 6,996 | 6,842 | 6,976 | 7,262 |
Fundamentals
Market Cap₹ 402 Cr.
Current Price₹ 39.9
Stock P/E36.5
Book Value₹ 31.3
ROCE5.09 %
ROE4.09 %
Dividend Yield2.13 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)11%
Compounded Profit Growth (TTM)-75%
Standalone figures.
Valuation
Market capRs 384 Cr
Enterprise valueRs 455 Cr
P/E (TTM)44.98x
Price to book1.22x
Price to sales0.96x
EV / EBITDA17.99x
EV / EBIT33.31x
EV / sales1.14x
Price to cash flow292.88x
Earnings yield2.22%
Dividend yield1.97%
P/E, 3-year average25.51x
P/B, 3-year average1.26x
P/E, 5-year average17.83x
P/B, 5-year average0.87x
Profitability
Operating margin (excl. other income)7.49%
Operating margin (incl. other income)7.56%
EBITDA margin6.35%
Pre-tax margin2.87%
Net profit margin2.14%
Net margin, latest quarter1.96%
ROE3.60%
ROCE4.55%
ROA2.70%
ROE, 3-year average8.91%
ROCE, 3-year average11.43%
ROA, 3-year average7.49%
ROE, 5-year average7.42%
ROCE, 5-year average9.55%
ROA, 5-year average6.34%
ROIC (approx.)2.64%
Tax rate25.20%
Other income / net worth0.08%
Growth
Sales growth (latest year)7.97%
Profit growth (latest year)-75.31%
Sales CAGR, 3 years21.24%
Sales CAGR, 5 years21.13%
Profit CAGR, 3 years7.01%
Profit CAGR, 5 years2.73%
Sales growth QoQ-10.68%
Profit growth QoQ114.44%
Sales growth YoY (latest quarter)36.69%
Profit growth YoY (latest quarter)-58.04%
Per share
EPS (TTM)Rs 0.85
EPS (latest year)Rs 1.11
EPS (latest quarter)Rs 0.19
EPS, 3-year averageRs 5.65
EPS, 5-year averageRs 4.58
Book value per shareRs 31.32
Sales per shareRs 39.61
Cash flow per shareRs 0.13
Free cash flow per shareRs -2.39
Dividend per share (latest year)Rs 0.75
Dividend per share, 3-year averageRs 0.92
Dividend per share, 5-year averageRs 0.87
Dividends
Dividend payout67.32%
Dividend payout, 3-year average32.72%
Dividend payout, 5-year average30.64%
Efficiency
Asset turnover0.83x
Fixed asset turnover3.03x
Inventory turnover1.92x
Inventory days190 days
Debtor days50 days
Debtors turnover7.27x
Creditor days57 days
Cash conversion cycle230 days
Working capital days118 days
Leverage
Total debtRs 75 Cr
Cash and bankRs 4 Cr
Net debtRs 71 Cr
Debt to equity0.24x
Net debt / EBITDA2.81x
Interest coverage6.20x
Owners' fund to total sources70.30%
Debt to assets16.73%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs -23 Cr
Cash from Financing Activity (latest year)Rs 22 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -24 Cr
FCFE (approx.: FCF + change in debt)Rs 10 Cr
Cash from ops / profit, 5 years-0.20x
Sales to cash flow283.95x
Statement figures
Net sales (TTM)Rs 398 Cr
Net sales (latest year)Rs 372 Cr
Sales (latest quarter)Rs 98 Cr
Operating profit excl. other income (latest year)Rs 28 Cr
Operating profit (latest quarter)Rs 6 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 25 Cr
PBDT (TTM)Rs 23 Cr
Profit before tax (TTM)Rs 11 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 9 Cr
Net profit (latest year)Rs 11 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 12 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 292 Cr
Total expenditure (latest year)Rs 344 Cr
Total income (latest year)Rs 372 Cr
Share capitalRs 10 Cr
ReservesRs 305 Cr
Shareholders' fundsRs 315 Cr
Total assetsRs 448 Cr
Net blockRs 123 Cr
Capital work in progressRs 2 Cr
InvestmentsRs 72 Cr
ReceivablesRs 51 Cr
InventoryRs 152 Cr
Other liabilitiesRs 58 Cr
Shares outstanding (crore)10.06
Ownership
Promoter holding74.99% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | VTMLTD | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -9.4% | -2.8% | -6.7 pts |
| 1 month | -35.8% | -6.8% | -29.0 pts |
| 3 months | +63.7% | -7.6% | +71.4 pts |
| 6 months | +69.9% | +0.4% | +69.5 pts |
| 1 year | +153.5% | -9.9% | +163.4 pts |
| 2 years | +204.0% | -13.6% | +217.5 pts |
| 3 years | +62.0% | +14.2% | +47.8 pts |
| 5 years | +62.0% | +27.9% | +34.1 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was -65% of net profit over the last 3 years |
| explain | Debt up, profit down Borrowings up 83% while net profit fell in 2026 |
| look | Inventory outrunning sales Inventory grew 59% vs sales +8% in 2026 |
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 ₹98 Cr +36.7% vs Jun 2025.
Net profit ₹2 Cr -58.0%.
Against our estimate for Jun 2026: sales +38.1%, profit -9.1% in line. Our estimate for Sep 2026: sales Rs 107 Cr, profit Rs 2 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| K P R Mill Ltd | 36,967 | 40.5 | 19.6 % |
| Welspun Living Ltd | 21,277 | 76.5 | 6.26 % |
| Vardhman Textiles Ltd | 15,335 | 18.1 | 8.55 % |
| Trident Ltd | 11,461 | 29.0 | 9.79 % |
| Indo Count Industries Ltd | 8,614 | 57.1 | 8.19 % |
| Garware Technical Fibres Ltd | 7,361 | 33.4 | 22.0 % |
| Kusumgar Ltd | 6,378 | 50.7 | 18.8 % |
| Filatex India Ltd | 4,973 | 25.9 | 19.1 % |
| Jindal Worldwide Ltd | 4,719 | 55.7 | 8.63 % |
| Sanathan Textiles Ltd | 4,352 | 71.6 | 6.89 % |
| Raymond Lifestyle Ltd | 4,026 | 27.0 | 3.52 % |
| Alok Industries Ltd | 3,501 | -3.95 % | |
| Nitin Spinners Ltd | 3,403 | 16.1 | 12.2 % |
| Sangam (India) Ltd | 3,248 | 25.8 | 10.7 % |
| Ganesha Ecosphere Ltd | 2,703 | 47.8 | 5.58 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2014-06-10 | Annual General Meeting / Div - Re. 0.70 Per Share (70%) | |
| 2013-05-23 | Annual General Meeting | |
| 2013-02-26 | Interim Div. Of Re. 0.70/- Per Equity Share Re.1/- Each | |
| 2012-08-16 | Face Value Split From Rs.10/- To Re.1/- | 0.1000 |
| 2012-05-30 | Annual General Meeting And Dividend Rs.4/- Per Share |
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.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of VTM Ltd?
VTM Ltd (VTMLTD) has a market capitalisation of Rs 402 Cr. at the 2026-10-01 close.
What is the P/E ratio of VTM Ltd?
VTM Ltd trades at a P/E of 36.5 on trailing twelve-month profit, at the 2026-10-01 close.
What were VTM Ltd's latest quarterly results?
In the Jun 2026 quarter, VTM Ltd sales was Rs 98 Cr (+36.7% vs Jun 2025) and net profit was Rs 2 Cr.
What is the 52-week high and low of VTM Ltd?
The 52-week high is Rs 61.90 and the 52-week low is Rs 37.45.