# Vardhman Textiles (VTL) — Stock analysis > Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/vtl ## Current market snapshot - Exchange: NSE - Country: India - Price: ₹510 - Change: -4.66% - As of: 2026-11-06 - 1D return: -4.66% - 5D return: +4.91% - 1M return: -3.29% - Latest complete quarter: fy27_q2 ## Faxioms Analysis _As of 2026-11-06_ ### Technical Outlook VTL (₹510.00) is in a short-term downtrend on the daily chart, with price trading below all key moving averages and the Supertrend indicator. An extreme volume anomaly accompanied by a -4.7% drop on 2026-11-06 signals active selling pressure. While the monthly trend remains bullish (ADX 25.69), the weekly trend is bearish (ADX 26.8), creating a conflicting multi-timeframe structure. The stock is positioned near the lower end of its 50-day range (+17.9%) but in the middle of its 20-day and 252-day ranges. Key resistance lies at ₹510.57 (0.11% above) and ₹513.29 (0.64% above), while support levels are significantly lower at ₹453.54 (-11.07%) and ₹439.70 (-13.78%). A break above ₹513.29 would be required to challenge the immediate bearish bias. - Daily trend is bearish: Price is below EMA/SMA 20/50/200 and Supertrend; ADX 17.42 indicates weak trend strength. - Recent volatility: Extreme volume-price anomaly on 2026-11-06 with -4.7% return and 12.18x volume ratio. - Conflicting timeframes: Monthly trend is bullish (Supertrend up), while weekly trend is bearish (Supertrend down). - Key levels: Immediate resistance at ₹510.57 and ₹513.29; next major support at ₹453.54 (-11.07%). - Inside Bar - Morning Star - Outside Bar - Bullish Engulfing Reversal ### News Context Vardhman Textiles reported unaudited financial results for the quarter and half-year ended September 30, 2026, on November 6, 2026. The company posted a net profit after tax of ₹357.03 Crores for the quarter (₹666.82 Crores for the half-year) on revenue from operations of ₹2,665.65 Crores (quarter) and ₹5,440.77 Crores (half-year). An investor presentation filed on the same date highlighted a 92% year-over-year increase in Profit After Tax to ₹364 Crores and a 66% rise in EBITDA to ₹635 Crores, attributing growth to improved margins. The Board also approved plans to double garment capacity from 2.2 million to 4.5 million shirts per annum by the end of FY2026-27, requiring an investment of approximately ₹125 Crores. Additionally, Executive Vice-President Mr. Ravi Chauhan was assigned additional responsibility for the marketing function of the Fabric Business. A virtual earnings conference call hosted by Capital 360 ONE is scheduled for November 6, 2026, at 4:00 p.m. IST. - Q2 FY27 Financials: Net profit after tax stood at ₹357.03 Crores for the quarter with revenue from operations at ₹2,665.65 Crores; half-year PAT was ₹666.82 Crores. - Growth Metrics: Investor presentation cited a 92% YoY increase in PAT to ₹364 Crores and a 66% increase in EBITDA to ₹635 Crores driven by margin improvement. - Capacity Expansion: Board approved doubling garment capacity from 2.2 million to 4.5 million shirts per annum by end of FY2026-27 at an estimated cost of ₹125 Crores. - Management Change: Mr. Ravi Chauhan appointed as part of Senior Management with additional responsibility for marketing in the Fabric Business effective November 6, 2026. - Vardhman Textiles Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting - Vardhman Textiles Limited has informed the Exchange regarding Outcome of Board Meeting held on November 06, 2026. |SUBJECT: Outcome of Board Meeting - Vardhman Textiles Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation - Vardhman Textiles Limited has informed the Exchange about Schedule of meet. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates - VARDHMAN TEXTILES LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL ### What Changed On November 6, 2026, Vardhman Textiles reported unaudited financial results for the quarter and half-year ended September 30, 2026, alongside a significant leadership change. The company posted a net profit after tax of ₹357.03 Crores for the quarter (₹666.82 Crores for the half-year) on revenue of ₹2,665.65 Crores (quarter). An accompanying investor presentation highlighted a 92% year-over-year increase in Profit After Tax to ₹364 Crores and a 66% rise in EBITDA to ₹635 Crores, attributing growth to improved margins. Simultaneously, the Board approved Executive Vice-President Mr. Ravi Chauhan to take on additional responsibility for the marketing function of the Fabric Business as part of Senior Management. Capital expenditure updates revealed completed yarn and fabric capacity expansions and board-approved plans to double garment capacity from 2.2 million to 4.5 million shirts per annum by the end of FY2026-27, requiring an investment of approximately ₹125 Crores. Market data recorded a share price of ₹510.00 on this date, down from the previous close of ₹533.05. - Q2 FY27 Financials: Net profit after tax reached ₹357.03 Crores for the quarter ended September 30, 2026, with revenue from operations at ₹2,665.65 Crores; investor materials cite a 92% YoY PAT increase to ₹364 Crores. - Capacity Expansion: Board approved doubling garment capacity from 2.2 million to 4.5 million shirts per annum by end of FY2026-27, involving an investment of ~₹125 Crores, following completion of yarn and fabric capacity expansions. - Leadership Change: Mr. Ravi Chauhan appointed to Senior Management with additional responsibility for the Fabric Business marketing function, effective November 6, 2026. - Market Price: Share price observed at ₹510.00 on November 6, 2026, compared to the previous close of ₹533.05. - [Vardhman Textiles Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VTL_06112026120525_vtxl_results_sd.pdf) - [Vardhman Textiles Limited has informed the Exchange regarding Outcome of Board Meeting held on November 06, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VTL_06112026121557_vtxl_sm_sd.pdf) - [Vardhman Textiles Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/VTL_06112026141623_vtxl_ip_sd.pdf) ### Official Filings Vardhman Textiles Limited (VTL) reported unaudited financial results for the quarter and half-year ended September 30, 2026, on November 6, 2026. The company posted a net profit after tax of ₹357.03 Crores for the quarter and ₹666.82 Crores for the half-year, against revenue from operations of ₹2,665.65 Crores and ₹5,440.77 Crores respectively. An investor presentation filed concurrently highlighted a 92% year-over-year increase in Profit After Tax to ₹364 Crores and a 66% rise in EBITDA to ₹635 Crores, attributing growth to improved margins. The Board also approved plans to double garment capacity from 2.2 million to 4.5 million shirts per annum by the end of FY2026-27, requiring an investment of approximately ₹125 Crores. Additionally, Executive Vice-President Mr. Ravi Chauhan was assigned additional responsibility for the marketing function of the Fabric Business as part of Senior Management. A virtual earnings conference call is scheduled for November 6, 2026, at 4:00 p.m. IST. - Q2 FY27 Financials: Net profit after tax stood at ₹357.03 Crores (quarter) and ₹666.82 Crores (half-year), with revenue from operations at ₹2,665.65 Crores and ₹5,440.77 Crores respectively. - Growth Metrics: Investor disclosures cite a 92% YoY increase in PAT to ₹364 Crores and a 66% increase in EBITDA to ₹635 Crores, driven by margin expansion. - Capacity Expansion: Board-approved plan to invest ~₹125 Crores to double garment capacity from 2.2 million to 4.5 million shirts per annum by end of FY2026-27. - Leadership Change: Mr. Ravi Chauhan appointed to Senior Management with additional responsibility for the Fabric Business marketing function effective November 6, 2026. - [Vardhman Textiles Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VTL_06112026120525_vtxl_results_sd.pdf) - [Vardhman Textiles Limited has informed the Exchange regarding Outcome of Board Meeting held on November 06, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VTL_06112026121557_vtxl_sm_sd.pdf) - [Vardhman Textiles Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/VTL_06112026141623_vtxl_ip_sd.pdf) - [Vardhman Textiles Limited has informed the Exchange about Schedule of meet. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/VTL_02112026163851_vtxl_sd.pdf) - [VARDHMAN TEXTILES LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_307_WebXMLFile_20261102_164255220.xml) - [VARDHMAN TEXTILES LIMITED has informed the Exchange about Board Meeting to be held on 06-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_307_WebXMLFile_20261030_101940194.xml) - [Board Meeting Intimation |Meeting Date: 06-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_307_WebXMLFile_20261030_101940194.xml) - [Vardhman Textiles Limited has informed the Exchange about Copy of Newspaper Publication. |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/VTL_14102026162946_VTL_NP_SD.pdf) - [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 65.06 | PUBLIC_VAL: 34.94 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 10-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1735438_10102026043610_WEB.xml) - [Vardhman Textiles Limited has informed the Exchange about Certificate under Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018. |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/VTL_06102026164522_VTXL_sd.pdf) ### Fundamentals Vardhman Textiles (VTL) demonstrates a strong operational turnaround in the first quarter of FY2026-27, marked by significant margin expansion despite flat top-line growth. Revenue from operations rose sequentially to ₹2,703.08 crore, while expenses decreased to ₹5,858.5 million, driving Profit Before Exceptional Items And Tax nearly double to ₹402.24 crore from ₹206.21 crore in Q4 FY2025-26. This efficiency gain contrasts with the longer-term trend, where TTM sales grew only 3% and TTM net profit remained flat at ₹860.0 crore compared to ₹887.0 crore in FY2025. Financial health remains robust with improving cash conversion; CFO/EBITDA improved to 107% in Mar 2026 from -87% in Mar 2024, and the Cash Conversion Cycle shortened to 259 days. However, the balance sheet shows an aggressive investment phase, with Fixed Assets growing to ₹5,094 crore and CWIP rising sharply to ₹586 crore by Mar 2026, funded partly by increased borrowings (₹1,855 crore). Promoter holding increased slightly to 65.06% in Sep 2026, while DIIs reduced their stake to 14.16%. The key dynamic is whether the recent quarterly margin surge can be sustained as the company scales its expanded asset base. - Q1 FY2026-27 operating profit surged to ₹402.24 crore (+95% QoQ) on revenue of ₹2,703.08 crore, driven by lower other expenses (₹585.85 crore vs ₹613.38 crore). - TTM metrics show modest growth: Sales +3% to ₹10,186 crore, but Net Profit flat at ₹860.0 crore against ₹887.0 crore in FY2025. - Balance sheet reflects active capacity expansion: Fixed Assets rose to ₹5,094 crore and CWIP jumped to ₹586 crore by Mar 2026. - Cash flow quality improved significantly: CFO/EBITDA ratio reached 107% in Mar 2026, up from negative territory in prior years. ### Bear Case Vardhman Textiles (VTL) exhibits significant near-term technical weakness and elevated volatility as of November 6, 2026. The stock closed at ₹510.00, down from a previous close of ₹534.95, with daily momentum indicators signaling a bearish trend. Key metrics include a negative Exponential Moving Average (EMA-20) slope of -0.15 and a SuperTrend direction that is bearish on both daily and weekly timeframes. The Average Directional Index (ADX-14) stands at 17.42 on the daily chart, suggesting weak trend strength despite the downward bias. Performance data highlights substantial recent drawdowns. The stock has fallen 16.4% over the last six months and 15.3% over the past three months, contributing to a current drawdown of -23.5% against a maximum historical drawdown of -29.1%. Annualized volatility is high at +37.6%, indicating significant price fluctuation risk. While the monthly timeframe remains bullish with an ADX of 25.69, the immediate trading environment is characterized by resistance just above the current price (₹510.57) and limited upside momentum in the short term. - Daily and weekly SuperTrend indicators are bearish, with negative slopes on EMA-20 (-0.15) and SMA-20 (-4.55), signaling short-term downward pressure. - The stock is in a significant correction phase, with a current drawdown of -23.5% and a 6-month return of -16.4%, reflecting sustained selling pressure. - High annualized volatility (+37.6%) and an ATR of 3.94% suggest elevated risk and wide price swings for investors. - Immediate resistance is tight at ₹510.57 (0.11% above current price), limiting near-term upside potential despite a longer-term monthly bullish structure. - [Vardhman Textiles Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VTL_06112026120525_vtxl_results_sd.pdf) - [Vardhman Textiles Limited has informed the Exchange regarding Outcome of Board Meeting held on November 06, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VTL_06112026121557_vtxl_sm_sd.pdf) - [Vardhman Textiles Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/VTL_06112026141623_vtxl_ip_sd.pdf) - [Vardhman Textiles Limited has informed the Exchange about Schedule of meet. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/VTL_02112026163851_vtxl_sd.pdf) - [VARDHMAN TEXTILES LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_307_WebXMLFile_20261102_164255220.xml) - [VARDHMAN TEXTILES LIMITED has informed the Exchange about Board Meeting to be held on 06-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_307_WebXMLFile_20261030_101940194.xml) - [Board Meeting Intimation |Meeting Date: 06-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_307_WebXMLFile_20261030_101940194.xml) - [Vardhman Textiles Limited has informed the Exchange about Copy of Newspaper Publication. |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/VTL_14102026162946_VTL_NP_SD.pdf) - [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 65.06 | PUBLIC_VAL: 34.94 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 10-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1735438_10102026043610_WEB.xml) - [Vardhman Textiles Limited has informed the Exchange about Certificate under Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018. |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/VTL_06102026164522_VTXL_sd.pdf) ### FAQs **What were Vardhman Textiles' financial results for the quarter ended September 30, 2026?** The Board approved unaudited consolidated results on November 6, 2026. The company reported a net profit after tax (PAT) of Rs 357.03 Crores for the quarter and Rs 666.82 Crores for the half year. Revenue from operations stood at Rs 2,665.65 Crores for the quarter and Rs 5,440.77 Crores for the half year. **How did the company's profitability compare to the previous year?** According to an investor presentation filed on November 6, 2026, Profit After Tax increased by 92% year-over-year to Rs 364 Crores, while EBITDA rose by 66% to Rs 635 Crores. These improvements were attributed to better margins during the period. **What capacity expansion plans has the board approved?** The board approved plans to double garment capacity from 2.2 million to 4.5 million shirts per annum by the end of FY2026-27. This expansion requires an investment of approximately Rs 125 Crores. Progress on yarn and fabric capacity expansions was also noted as significant in the filing. **What is the current technical trend and price action for VTL?** As of November 6, 2026, the stock closed at ₹510.00, down from a previous close of ₹534.95. Daily technical indicators show a bearish Supertrend direction with a -4.7% return over the last day. However, the monthly trend remains bullish, and the stock has gained +17.1% year-to-date despite a -15.3% decline over the last three months. - [Vardhman Textiles Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VTL_06112026120525_vtxl_results_sd.pdf) - [Vardhman Textiles Limited has informed the Exchange regarding Outcome of Board Meeting held on November 06, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VTL_06112026121557_vtxl_sm_sd.pdf) - [Vardhman Textiles Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/VTL_06112026141623_vtxl_ip_sd.pdf) - [Vardhman Textiles Limited has informed the Exchange about Schedule of meet. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/VTL_02112026163851_vtxl_sd.pdf) - [VARDHMAN TEXTILES LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_307_WebXMLFile_20261102_164255220.xml) - [VARDHMAN TEXTILES LIMITED has informed the Exchange about Board Meeting to be held on 06-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_307_WebXMLFile_20261030_101940194.xml) - [Board Meeting Intimation |Meeting Date: 06-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_307_WebXMLFile_20261030_101940194.xml) - [Vardhman Textiles Limited has informed the Exchange about Copy of Newspaper Publication. |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/VTL_14102026162946_VTL_NP_SD.pdf) - [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 65.06 | PUBLIC_VAL: 34.94 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 10-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1735438_10102026043610_WEB.xml) - [Vardhman Textiles Limited has informed the Exchange about Certificate under Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018. |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/VTL_06102026164522_VTXL_sd.pdf) ## Technical analytics - As of: 2026-11-06 - Daily trend: Strong Downtrend - Weekly trend: Weak Downtrend - Pivot point: ₹538.83 - Risk regime: Price Risk Requires Attention ### Support levels - 453.53544921875 - 439.7 - 431 ### Resistance levels - 513.285546875 - 528.625 - 544.215625 ### Return and range metrics | Metric | Value | | --- | --- | | return_1 | -4.66% | | return_10 | +1.71% | | return_1m | -7.17% | | return_1y | +18.81% | | return_20 | -3.29% | | return_3m | -15.31% | | return_5 | +4.91% | | return_6m | -16.38% | | return_since_start | +0.93% | | return_ytd | +17.12% | ### Risk and volatility metrics | Metric | Value | | --- | --- | | state | elevated_risk | | label | Price risk requires attention | | summary | Recent drawdown or price variability is high enough to warrant closer monitoring. | | maximum_drawdown | -29.07% | | annualized_volatility | +37.58% | ## Quarterly financials - Latest complete quarter: fy27_q2 # Vardhman Textiles Limited Q2 FY2026-27: Pre-tax profit rises 95% year on year Revenue from operations rose 6% quarter on quarter and 16% year on year to ₹2,866 crore in the quarter ended 30 September 2026. Profit before tax increased 14% sequentially to ₹460 crore and was 95% higher than a year earlier; basic EPS from continuing operations reached ₹12.54, up from ₹10.88 in Q1 and ₹6.57 in Q2 FY2025-26. ## Revenue and earnings Revenue from operations increased from ₹2,703 crore in Q1 FY2026-27 and ₹2,480 crore in Q2 FY2025-26. Profit before tax rose from ₹402 crore and ₹237 crore, respectively, to ₹460 crore. Profit for the period was ₹359 crore, compared with ₹315 crore in Q1 and ₹188 crore a year earlier, representing growth of 14% sequentially and 91% year on year. Total expenses increased 3% quarter on quarter to ₹2,459 crore, less than the 6% rise in revenue. Other expenses rose 8% to ₹630 crore, while finance costs increased 11% to ₹25.8 crore. Tax expense was ₹118 crore, up from ₹104 crore in Q1. ## Cash flow and investment Operating cash flow was ₹996 crore in Q2. Investing activities used ₹757 crore and financing activities used ₹233 crore; reported free cash flow was ₹239 crore. Cash and cash equivalents stood at ₹49 crore on 30 September 2026. The company also held current investments of ₹1,528 crore and bank balances, excluding cash and cash equivalents, of ₹125 crore at quarter-end. Property, plant and equipment was ₹5,359 crore, compared with ₹5,084 crore at 31 March 2026. Capital work in progress increased to ₹637 crore from ₹586 crore over the same period. ## Balance sheet and working capital Equity rose to ₹11,130 crore at 30 September 2026 from ₹10,588 crore at 31 March 2026, while total assets reached ₹14,355 crore. Current borrowings increased to ₹697 crore from ₹624 crore, and non-current borrowings declined to ₹1,099 crore from ₹1,231 crore. Inventory fell to ₹3,380 crore from ₹3,643 crore at 31 March 2026 and ₹3,773 crore at 30 September 2025. Trade receivables increased to ₹1,516 crore from ₹1,306 crore at March-end. Trade payables were ₹518 crore, compared with ₹497 crore at the same date. ## Key Takeaway Q2 brought further sequential revenue growth and faster growth in pre-tax profit, with profit for the period up 91% year on year. Operating cash flow remained strong, though investing outflows left reported free cash flow at ₹239 crore. Higher fixed assets and equity, increased current borrowings and rising receivables are notable balance-sheet changes to monitor. ### Ratios ## Shareholding pattern - Quarter: FY2027-Q2 - As of: 2026-09-30 - Promoter holding: +65.06% - FII holding: +6.43% - DII holding: +14.16% - Mutual fund holding: +11.95% - Retail holding: +10.15% - Promoter pledged: +0.00% ### Major reported shareholders - VARDHMAN HOLDINGS LIMITED — +28.96% (Bodies Corporate) - ADISHWAR ENTERPRISES LLP — +17.82% (Other) - DEVAKAR INVESTMENT AND TRADING COMPANY PRIVATE LIMITED — +11.72% (Bodies Corporate) - HDFC SMALL CAP FUND — +5.84% - NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND — +2.98% - VTL INVESTMENTS LIMITED — +1.61% (Bodies Corporate) - DSP SMALL CAP FUND — +1.47% - SHRI PAUL OSWAL — +1.03% - FLAMINGO FINANCE AND INVESTMENT COMPANY LIMITED — +0.92% (Bodies Corporate) - SANTON FINANCE AND INVESTMENT COMPANY LIMITED — +0.79% (Bodies Corporate) ## Official filings - 2026-11-07 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/VTL_07112026120022_VTXL_NP_sd.pdf) - 2026-11-07 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/VTL_07112026120906_vtxl_demat_sd.pdf) - 2026-11-06 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/VTL_06112026120525_vtxl_results_sd.pdf) - 2026-11-06 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/VTL_06112026121557_vtxl_sm_sd.pdf) - 2026-11-06 — Earnings Presentation: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/VTL_06112026141623_vtxl_ip_sd.pdf) - 2026-11-06 — Financial Results Filing: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754825_06112026050845_WEB.xml) - 2026-11-06 — Financial Results Filing: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754826_06112026050851_WEB.xml) - 2026-11-06 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_307_WebXMLFile_20261106_170744092.xml) - 2026-11-06 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/VTL_06112026180910_VTXL_sd.pdf) - 2026-11-06 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_307_WebXMLFile_20261106_181141361.xml) - 2026-11-02 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/VTL_02112026163851_vtxl_sd.pdf) - 2026-11-02 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_307_WebXMLFile_20261102_164255220.xml) - 2026-10-30 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_307_WebXMLFile_20261030_101940194.xml) - 2026-10-30 — Board Meeting Notice: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_307_WebXMLFile_20261030_101940194.xml) - 2026-10-14 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/VTL_14102026162946_VTL_NP_SD.pdf) - 2026-10-10 — Shareholding Disclosure: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1735438_10102026043610_WEB.xml) - 2026-10-06 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/VTL_06102026164522_VTXL_sd.pdf) - 2026-10-05 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_307_WebXMLFile_20261005_104254674.xml) - 2026-10-05 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ANN_AGREEMENT_307_WebXMLFile_20261005_104217704.xml) - 2026-10-05 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/VTL_05102026103833_VTXL_intimation_sd.pdf) - 2026-10-05 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/VTL_05102026173156_vtl_demat_sd.pdf) - 2026-09-29 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_307_WebXMLFile_20260929_103418483.xml) - 2026-09-29 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/VTL_29092026103057_VTL_sd.pdf) - 2026-09-18 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/VTL_18092026173922_scrutinizer_vtl_sd.pdf) - 2026-09-18 — Generic Announcement: Vardhman Textiles Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/VTL_18092026174612_vtxl_voting_results_sd.pdf) ## News and market events - 2026-10-26 — Economic Times: **India's textile industry targets $350 billion by 2030 as exports rebound, costs rise: Report** — India's textile industry has seen significant growth, expanding to nearly USD 190 billion in FY26. The sector aims for USD 350 billion by 2030, driven by domestic demand and manufacturing investments. Despite challenges like rising cotton prices and trade uncertainties, textile exports grew by 10.3 percent year-on-year in the April-August 2026 period. Notably, the United States remains India's largest export destination, although market diversification is being pursued. — [Source](https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/indias-textile-industry-targets-350-billion-by-2030-as-exports-rebound-costs-rise-report/articleshow/135207872.cms) - 2026-09-22 — Economic Times: **Textile stocks rally up to 10%: Raymond, Gokaldas Exports & others rebound after Trump tariff-triggered selloff** — Textile stocks rebounded on Tuesday, recovering most of the previous sessions losses after US President Donald Trump signed a Russia sanctions bill into law. Raymond led the gains with a 10% rally, while Pearl Global Industries, Gokaldas Exports, Arvind and Vardhman Textiles also advanced. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/textile-stocks-rally-up-to-10-raymond-gokaldas-exports-other-stocks-rebound-after-trump-tariff-worries-spark-selloff/articleshow/134403813.cms) - 2026-09-21 — MONEYCONTROL: **Gokaldas Exports, other textile stocks fall up to 4% as Trump signs Russia sanction bill** — Gokaldas Exports, textile stocks — [Source](https://www.moneycontrol.com/news/business/markets/gokaldas-exports-other-textile-stocks-fall-up-to-4-as-trump-signs-russia-sanction-bill-14034411.html) - 2026-09-01 — CNBC-TV18: **Vardhman Textiles, Graphite India, ITC lead Nifty 500 gainers as Prestige Estates, KEI Industries fall at market open** — Some Nifty 500 stocks rallied at market open, led by a sharp volume spike in one counter, while others slid on profit booking — here's a look at today's top gainers and losers. — [Source](https://www.cnbctv18.com/market/nifty-500-top-gainers-losers-market-open-vardhman-textiles-graphite-india-itc-adani-green-19981152.htm) - 2026-07-31 — Mint: **Buy or sell: Gift Nifty hints positive start, Vaishali Parekh recommends three intraday stocks to buy today** — Buy or sell: Vaishali Parekh recommends three intraday stocks to buy today — Tata Motors Passenger Vehicles, Vardhman Textiles, and Punjab National Bank (PNB) — [Source](https://www.livemint.com/market/stock-market-news/buy-or-sell-gift-nifty-hints-positive-start-vaishali-parekh-recommends-three-intraday-stocks-to-buy-today-11785461707422.html) - 2026-07-30 — MONEYCONTROL: **Price Action: Vardhman Textiles jumps 2% on strong Q1; Vedanta Oil & Gas, Hexaware fall after earnings** — Buzzing Stocks — [Source](https://www.moneycontrol.com/news/business/stocks/price-action-vardhman-textiles-jumps-2-on-strong-q1-vedanta-oil-gas-hexaware-fall-after-earnings-13988435.html) ## Business profile **Strategic vision:** Vertically integrated textile manufacturer with diverse product portfolio. ### Business segments - **Yarns:** Produces a wide array of specialized greige and dyed yarns from cotton, polyester, and acrylic, as well as various blends, with the largest manufacturing capacity in India. - **Fabrics:** Focuses on woven fabric production, including piece-dyed fabrics and operates a printing line, with significant annual processing capacity. - **Acrylic Fiber:** Manufactures Acrylic Staple Fibre and Tow under the brand name ‘VARLAN®’. - **Garments:** Specializes in producing shirts, including post-cure and taped shirts, with a daily manufacturing capacity. - **Threads:** Provides a wide range of threads for sewing, embroidery, and special applications in clothing, home textiles, and leather products. - **Special Steels:** Produces Special and Alloy Steel catering to the automotive, engineering, bearing, and allied industries. ### Competitive strengths - Extensive vertical integration across the textile value chain. - Global marketing presence in key international markets. - Diversified product portfolio serving multiple industries. ## Related stocks - [Trident Limited (Textiles)](https://faxioms.com/stocks/trident) — +0.38% - [Welspun Living Limited (Textiles)](https://faxioms.com/stocks/welspunliv) — -4.63% - [K.P.R. Mill Limited (Textiles)](https://faxioms.com/stocks/kprmill) — +0.06% - [Page Industries Limited (Textiles)](https://faxioms.com/stocks/pageind) — +1.15% - [SWAN CORP LIMITED (Textiles)](https://faxioms.com/stocks/swancorp) — -3.03% ## Freshness and sources - Data as of: 2026-11-06 - Source: Faxioms public stock analysis API Canonical: https://faxioms.com/stocks/vtl Markdown representation: https://faxioms.com/stocks/vtl?render=md