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Vardhman Textiles Ltd. (India)

Main Activities: Textile and Fabric Finishing Mills | Cut and Sew Apparel Manufacturing
Full name: Vardhman Textiles Ltd. Profile Updated: February 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Vardhman Textiles Ltd. is a textile manufacturing company located in Ludhiana, Punjab, India. With a turnover of over a billion dollars, it is the largest vertically integrated textile manufacturer in the country. The company annually produces 2,40,000 metric tons of yarn and 220 million meters of woven fabric, providing employment to more than 28,000 people. Vardhman's pursuit of excellence has been a key factor in its growth over the past five decades. The company focuses on enhancing innovation, improving efficiency, and increasing customer and employee satisfaction. Vardhman aims to create world-class textiles and achieve customer delight through a combination of state-of-the-art technology and human resources. The company values total customer focus, quality, individual potential, innovation, and corporate responsibility. Vardhman emphasizes building a culture of excellence and long-term relationships with customers. The company's goal is to make maximum utilization of resources to innovate, diversify, integrate, and build a dynamic enterprise. The corporate office is located on Chandigarh Road in Ludhiana.

Legal Address
Vardhman Premises,, Chandigarh Road,
Ludhiana; Punjab; Postal Code: 141010

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Website: http://www.vardhman.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1973
Key Executives
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Chairman & Managing Director
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Vice Chairman & Joint Managing Director
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Director
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Director
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Director
Ownership Details
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64.13%
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15.47%
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10.74%
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6.37%
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1.92%
Subsidiaries
VTL Investments Ltd.
100%
Vardhman Nisshinbo Garments Company Limited
100%
Vmt Spinning Company Limited
100%
Company Performance
Financial values in the chart are available after Vardhman Textiles Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
1.88%
Total operating revenue
1.88%
Operating profit (EBIT)
-76.18%
EBITDA
-62.53%
Net Profit (Loss) for the Period
-66.24%
Total equity
0.35%
Operating Profit Margin (ROS)
-16.61%
Net Profit Margin
-11.63%
Return on Equity (ROE)
-1407.67%

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