Vedant Fashions Limited engages in the manufacture, trade, and sale of wedding and celebration wear in India and internationally. The company's products include men's ethnic and celebration wear items, such as kurta sets, Indo-Western sets, sherwani sets, short kurta and Jodhpuri products, jackets, and accessories; women's ethnic and celebration wear items, including lehengas, sarees, stitched suits, crop top lehengas, gowns, and accessories; and kurta sets, jackets, and Indo-Western products for kids. It offers its products under the Manyavar, Twamev, Manthan, Mohey, and Mebaz brands. The company sells its products through a network of franchise-owned exclusive brand outlets, multi-brand outlets, and large format stores; and online platforms, including its website, manyavar.com and mobile application. Vedant Fashions Limited was founded in 1999 and is headquartered in Kolkata, India.
Revenue projections:
Revenue projections for MANYAVAR Revenues for Vedant Fashions Limited are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.
Financial Ratios:
currentRatio
3.60000
forwardPE
32.50280
debtToEquity
26.94800
earningsGrowth
-0.16000
revenueGrowth
-0.01800
grossMargins
0.72383
operatingMargins
0.26256
trailingEps
15.85000
forwardEps
0.00000
A current ratio of 3.6 for MANYAVAR implies that the company has ample liquidity to meet its short-term debts. MANYAVAR's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities. MANYAVAR's low Debt-to-Equity ratio means the company is not highly leveraged. This suggests a sound financial position with minimal reliance on debt, reducing risk and ensuring greater financial flexibility, making it a more stable option for investors. MANYAVAR's low growth in both earnings and revenue indicates the company's profits may decrease. This trend could signal a downturn in financial performance, suggesting that MANYAVAR might struggle to maintain its current profit levels. Vedant Fashions Limited's positive gross and operating margins highlight its strong profitability. The company's ability to control costs while generating revenue indicates efficient operations and a healthy financial position.
Price projections:
Price projections for MANYAVAR MANYAVAR's price projections have gradually decreased, indicating a more conservative outlook from analysts. The repeated downward revisions suggest waning confidence in the company's ability to achieve its previous targets.
Recommendation changes over time:
Recommendations trend for MANYAVAR
Vedant Fashions Limited has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view Vedant Fashions Limited as a stable option to park their money and potentially benefit from the company's continued growth and profitability.
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