Vardhman Textiles share news, announcements and annual reports
NSE: VTLBSE: 502986Textiles & ApparelsSmall Cap
Vardhman Textiles Limited · Formerly Mahavir Spinning Mills · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jan 2003
Last close ₹486.15down ₹11.00 (2.21%)BSE ₹486.70
Share price at the NSE close on 30 Oct 2026. Previous close ₹497.15.
30 Oct: open ₹494.60, high ₹495.30, low ₹482.05
52-week range of traded prices to 30 Oct 2026
₹391.00Low, 21 Jan 2026₹688.00High, 6 Jul 2026
- Next results date: the board meets on 6 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹14,078 Cr409th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 16.60
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.34
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.03%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 8.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 7.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.18
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,33,38448.3% delivered
Vardhman Textiles orders, deals and press releases
47 filed, newest first.
Oct 2026
5 Oct · Business
Sep 2026
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Apr 2026
23 Apr · Business
Mar 2026
Dec 2025
Nov 2025
25 Nov · Business
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Nov 2024
28 Nov · Business
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2 May · Business
Apr 2023
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Dec 2019
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Sep 2016
1 Sep · Business
Nov 2014
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Nov 2013
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Mar 2011
Oct 2010
29 Oct · Business
Company has successfully closed the issue of its Qualified Institutional Placements aggregating to Rs.200 crore (approx.) on October 29, 2010 with India Infoline Limited as the Book Running Lead Manager/s to the issue.28 Oct · Business
Committee of Directors of the Company has, at its meeting held on October 26, 2010 decided to open the proposed issue of equity shares of face value Rs.10 each of the Company through a qualified institutions placement (the "Issue") in accordance with Chapter VIII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended.
Jul 2010
May 2010
10 May · Business
Board of Directors at its meeting held on May 07, 2010 has considered and given an In principle approval for the demerger of the steel business of the Company in consultation with KPMG, the external advisors appointed in this regard. The board has also constituted a Committee of Directors to finalise the Scheme in consultation with the Company's Advisors for taking necessary action for completing the requirements in this regard.
Oct 2008
6 Oct · Business
Press release, as follows: "Vardhman Textiles Limited (VTXL) has transferred its threads business to one of its subsidiary companies, Vardhman Yarns and Threads Limited (VYTL), through a Scheme of Arrangement, Re-organisation and Demerger as sanctioned by the Hon'ble Punjab and Haryana High Court, with effect from 1st April, 2008. The holding of VTXL in VYTL as on the said date was more than 98 percent. The threads business of the subsidiary company, viz. VYTL, comprises of four manufacturing units located at Hoshiarpur and Ludhiana (Punjab), Perundurai (Tamil Nadu) and Baddi (Himachal Pradesh). According to Mr. Sachit Jain, Executive Director, VTXL, the Company entered into a joint venture in VYTL with M/s. American & Efird, Inc.(A&E), one of the world's largest global manufacturers and distributors of industrial sewing threads, embroidery threads and technical textiles, with A&E's initial holding of 35 percent. Recently, A&E has acquired the additional 14 percent equity shares of the joint venture company, VYTL, from Vardhman Textiles Limited and thus holds 49 percent equity shares. The joint venture Company, however, continues to be a subsidiary of Vardhman Textiles Limited, whose shareholding is now 51 percent".
Apr 2008
7 Apr · Business
To achieve the objective of possible creation of strategic relationship with an international thread entity, the Company has signed a Joint Venture Agreement on 24th March, 2008 with American & Efird Inc. (A&E), a subsidiary of Ruddick Corporation, USA. The Joint Venture, which has been implemented in Vardhman Yarns and Threads Limited (VYTL), a subsidiary Company of Vardhman Textiles Limited, has become effective after the allotment of shares to A&E by the Board of Directors of VYTL in their Board Meeting held on 7th April, 2008. This Joint Venture Agreement envisages A&E's participation in equity, initially to the extent of 35% of paid-up equity share capital with an option to increase its share in equity up to 49% within the next five years1 Apr · Business
Vardhman Textiles Limited had informed the Exchange that: "The Scheme of Arrangement, Re-organization and Demerger by and amongst Vardhman Textiles Limited (VTXL), Vardhman Threads Limited (VTL) (a 100% subsidiary of VTXL), Vardhman Yarns and Threads Limited (a subsidiary of VTXL) and their respective shareholders and creditors has been sanctioned by the Hon'ble Punjab and Haryana High Court and Order for the same has been received on 17th March, 2008. The Scheme provides for the transfer of the Thread Business of VTXL on slump sale basis and demerger of the Thread business of VTL to VYTL". Further the Company has informed the Exchange that the above-referred Order has been filed with the Registrar of Companies on April 01, 2008 and has thus become effective from the said date".
Mar 2008
25 Mar · Business
Vardhman Textiles Limited had informed the Exchange that: "The Scheme of Arrangement, Re-organization and Demerger by and amongst Vardhman Textiles Limited (VTXL), Vardhman Threads Limited (VTL) (a 100% subsidiary of VTXL), Vardhman Yarns and Threads Limited (a subsidiary of VTXL) and their respective shareholders and creditors has been sanctioned by the Hon'ble Punjab and Haryana High Court and Order for the same has been received on 17th March, 2008. The Scheme provides for the transfer of the Sewing Thread Business of VTXL on slump sale basis and demerger of the Sewing Thread business of VTL to VYTL. The Scheme will become effective after the Order sanctioning it is field with the Registrar of Companies. To achieve the objective of possible creations of strategic relationship with an international thread entity, the Company has signed a Joint Venture Agreement on 24th March, 2008 with American & Efird Inc. (A&E), a subsidiary of Ruddick Corporation, USA to manufacture, distribute and sell Sewing Thread for Industrial and Consumer markets in India and for Exports to other countries. The Joint Venture will be implemented in Vardhman Yarns and Threads Limited (VYTL), a subsidiary Company of Vardhman Textiles Limited. The Joint Venture Agreement envisages A&E's participation in equity, initially to the extent of 35% of paid-up equity share capital with an option to increase its share in equity up to 49% within the next five years. The Joint Venture will come into effect after the Board of VYTL allots shares to A&E and to the Company after fulfillment of specified conditions and completion of obligations by the Parties to the Agreement. We expect that to happen some time during April 2008. The management expects that this strategic alliance will help the thread business of Vardhman by integrating with the global operations of A&E and its subsidiaries".
Feb 2008
20 Feb · Business
Vardhman Textiles Limited had informed the Exchange that "The Company holding 44,175,423 equity shares (40.70%) of Vardhman Acrylics Limited (VAL) has further acquired 11,700,000 (10.78%) and 3,300,000 (3.04%) equity shares of VAL from its Foreign Collaborators namely, M/s Marubeni Corporation, Japan (MC) and M/s Japan Exlan Company Limited, Japan (EXLAN) respectively and accordingly, the Joint Venture Agreement with the said collaborators has come to an end". The Company has now informed the Exchange that "Due to some typographical error, the present holding of Vardhman Textiles Limited was mentioned as 44175423. The same may be read as 44175413".19 Feb · Business
The Company holding 44,175,423 equity shares (40.70%) of Vardhman Acrylics Limited (VAL) has further acquired 11,700,000 (10.78%) and 3,300,000 (3.04%) equity shares of VAL from its Foreign Collaborators namely, M/s Marubeni Corporation, Japan (MC) and M/s Japan Exlan Company Limited, Japan (EXLAN) respectively and accordingly, the Joint Venture Agreement with the said collaborators has come to an end
Jan 2008
28 Jan · Business
The Board of Directors of M/s Vardhman Textiles Ltd.(VTXL) in its meeting held on January 28, 2008 took note of the status of Scheme of Arrangement, Reorganisation and Demerger by and amongst Vardhman Textiles Limited (VTXL), Vardhman Threads Limited (VTL) (a 100% subsidiary of VTXL), Vardhman Yarns and Threads Limited (VYTL) (a subsidiary of VTXL) and their respective shareholders and creditors, providing for the transfer of the Sewing Thread business of VTXL on slump sale basis as well as demerger of Sewing Thread business of VTL, to VYTL . Further, the Board of Directors of VTXL, discussed the overall perspective of Sewing Thread business. The Board of Directors took the view that the textile and clothing business has acquired a global dimension and it may be desirable and pertinent to explore the possibilities of strategic relationship with one of the international players in Sewing Thread business so that the business can meet the demand of users of sewing thread particularly when they have to ensure compliance of Specifications and Standards set out by major Buying Houses and Retailers. The Board of Directors, therefore, empowered Mr. D.L. Sharma, President & Executive Director and Mr. Neeraj Jain, CFO to explore possibilities for such tie ups including overseas investments for Sewing Thread business and, if required, to appoint Consultants/Advisors for the purpose
Feb 2007
26 Feb · Business
"1) Vardhman Textiles Limited (the "Company"), a public company listed on National Stock Exchange and Bombay Stock Exchange and its wholly owned subsidiary M/s Vardhman Threads Limited ("VTL") are inter alia engaged in the thread business. It is intended to consolidate the thread business of the Company and VTL in order to achieve synergy and efficiency of operations and management and for possible creation of strategic relationships which may further promote the operations of thread business. The consolidation would enable a focused business approach for the maximization of benefits to all stakeholders. 2) Accordingly, the Board of Directors of the Company in their meeting held on February 26, 2007, have approved a proposal for vesting of the sewing thread undertaking of the Company comprising of thread units located at Hoshiarpur & Ludhiana (Punjab), Perundurai (Tamil Nadu) alongwith the spinning unit at Hoshiarpur including all assets and liabilities associated with the said undertaking in its subsidiary, Vardhman Yams & Threads Limited ("VYTL"). The proposal also envisages demerger of the threads undertaking of VTL including all assets and liabilities associated with such undertaking and its vesting in VYTL. The said proposal is to be carried out through a scheme of arrangement, reorganisation and demerger (the "Scheme") amongst the Company, VTL and VYTL and their respective shareholders and creditors in accordance with Sections 391-394 of the Companies Act, 1956.26 Feb · Business
3) The salient features of the Scheme are as follows:- (i) Vesting of the threads undertaking of the Company comprising of thread units located at Hoshiarpur & Ludhiana (Punjab), Perundurai (Tamil Nadu) alongwith the spinning unit at Hoshiarpur, in VYTL, as a going concern on a slump sale basis together with all other assets and liabilities associated with the undertaking for a lumpsum consideration of Rs.260 crores based on the valuation done by independent valuer, M/s. ICICI Securities Limited. The appointed date for vesting of the threads undertaking of the Company will be the effective date of the Scheme. (ii) The demerger of the threads undertaking of VTL including all assets and liabilities associated with the said undertaking and its vesting in VYTL. The appointed date for vesting of the threads undertaking of VTL will be April 01, 2007. (iii) For every 2 (two) shares held in VTL, each equity shareholder of VTL will be issued 1 (one) equity share of face value of Rs.10/- each credited as fully paid up in VYTL and shall retain 1 (one) equity share of the face value of Rs.10/- each as fully paid up in VTL. This swap ratio is based on the recommendations of independent valuer. i.e., M/s. ICICI Securities Limited. (iv) The Scheme is subject to the requisite approval of the shareholders and creditors of the Company, VTL & VYTL, the Hon'ble High Court of Punjab and Haryana at Chandigarh, and any other authorities, which by law may be necessary".