Vardhman Holdings Ltd

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NSEBSE

3175.55102.90 (3.35%)

12:00 AM,2nd Mar 2024

3184.0098.05 (3.18%)

12:00 AM,2nd Mar 2024

BSE : 500439

NSE : VHL

Sector : Financials

ISIN Code : INE701A01023

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Last Updated: Mar 02 2024 | 12:00 AM IST

Market Cap (₹ Cr)

1013

Turnover (₹ Cr)

0.00

Volume (Shares)

124

Face Value

10

52-WK High

3540.00

52-WK High Date

04 Jan 2024

52-WK Low

2425.00

52-WK Low Date

11 Dec 2023

All Time High

6200.00

All Time High Date

05 Jan 2018

All Time Low

22.00

All Time Low Date

24 Sep 2001

Vardhman Holdings Ltd

Vardhman Holdings Ltd (Formerly known Vardhman Spinning & General Mills Ltd) was incorporated in 1962 and commenced production in 1965. It was promoted by V S Oswal and R C Oswal and is a part of the Vardhman group which also includes companies like Mahavir Spinning Mills and Vardhman Polytex. The Company is presently engaged in lending and investing activities. In Nov.'92 the company came out with a Rs 47.82-Cr. Rights Issue of 14% PCDs to part-finance its expansion and to meet long-term working capital requirements totaling Rs 58 cr. VSGML has a product portfolio consisting of cotton/worsted blended yarn and cotton yarn and fabric. The company exports to the UK Spain Germany Italy Hong Kong Indonesia Japan the US and African countries. VSGML became an Export House in 1990-91. It also received the ISO 9002 certification for its textile mill. The company sold its steel unit at Faridabad to Mahavir Spinning Mills in Mar.'95.The company's Fabric Process House in the name and style of Auro Textiles at village Baddi H.P. in technical collaboration with Tokai Senko of Japan with an annual installed capacity of 30 million metres started commercial production in December 1999.The 100% EOU Spinning unit at Industrial Focal Point Ludhiana was commissioned in March 2002. The Dyeing Unit at Baddi was fully modernised and the capacity was expanded to 9 tons per day. The company also installed 2 Open End Spinning Machines of 264 Rotors each to cater to weaving yarns requirement. During the year 2004-05 as part of the Scheme of Arrangement and Demerger between Vardhman Spinning and General Mills Ltd and Mahavir Spinning Mills Ltd the Textile Business of the Company was demerged to Mahavir Spinning Mills Limited with effect from 1stApril 2004. As per the said Demerger the Company was left with assets other than that related to textile business which mainly comprise of investments in the shares of the Group companies. And hence the name of the Company was therefore changed from 'Vardhman Spinning and General Mills Limited' to 'Vardhman Holdings Limited' with effect from 27th March 2006. In accordance with the Scheme of Arrangement and Demerger the shareholders of the VSGML were allotted/issued 8 Equity Shares of the Mahavir Spinning Mils Ltd and 2 Equity Shares of the VSGML for every 10 Equity Shares held in the VSGML and accordingly the Company issued 3191536 equity shares of Rs. 10/- each in lieu of the retained shares in the Company.

Vardhman Holdings Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

1013

EPS - TTM (₹) [S]

94.17

P/E Ratio (X) [S]

1.11

Face Value (₹) 10
Latest Dividend (%)50.00
Latest Dividend Date 15 Sep 2023
Dividend Yield (%) 0.16
Book Value Share (₹) [S]2851.85
P/B Ratio (₹) [S]1.11
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

3103.40

3184.00

Week Low/High

3028.05

3240.00

Month Low/High

3028.05

3495.00

Year Low/High

2425.00

3540.00

All time Low/High

21.70

6200.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week0.68%0.84%0.910.75%
1 Month-4.99%-5.62%2.392.40%
3 Month4.66%4.73%9.3710.41%
6 Month9.29%9.40%12.8815.14%
1 Year17.77%19.14%25.2929.19%
3 Year62.72%60.67%46.7450.00%

Company Info

Company Information

Chairman & Managing Director : Paul Oswal

Non Executive Director : Sachit Jain

Non Executive Director : Suchita Jain

Independent Director : Rajeev Kumar Mittal

Non Executive Director : Vikas Kumar

Independent Director : Sanjeev Jain

Non Executive Director : Shakun Oswal

Company Sec. & Compli. Officer : Swati Mangla

Independent Director : Pooja Mehta

Independent Director : Devendra Bhushan Jain

Independent Director : Manjul Pahwa

Registered Office: Vardhman Premises, Chandigarh Road,Ludhiana,Punjab-141010 Ph: 91-0161-2228943-48

Email:secretarial.lud@vardhman.com

URL:http://www.vardhman.com