Vardhman Textiles Limited, together with its subsidiaries, manufactures, purchases, and sells textiles and fibres in India and internationally. The company offers yarns, fabrics, acrylic fibers, threads, and garments. It also provides specialized greige and dyed yarns in cotton, polyester, acrylic, viscose, specialized fibers, and various blends; fabrics, such as piece dyed, yarn dyed, printed, fiber blends, weaved, and specialty finishes. In addition, the company is involved in lending and investing activities; and the manufacture and sale of hot rolled bars, and special and alloy steel products, including carbon steel, case hardening steel, through hardening steel, and other products for automotive, engineering, bearing, and allied industries. It also exports its products. The company was formerly known as Mahavir Spinning Mills Limited and changed its name to Vardhman Textiles Limited in September 2006. Vardhman Textiles Limited was founded in 1965 and is based in Ludhiana, India.
Revenue projections:
Revenue projections for VTL With VTL's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.
Financial Ratios:
currentRatio
4.62900
forwardPE
11.20241
debtToEquity
12.42900
earningsGrowth
0.18500
revenueGrowth
0.15700
grossMargins
0.46631
operatingMargins
0.18258
trailingEps
29.74000
forwardEps
39.70000
VTL's current ratio of 4.629 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. VTL's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities. VTL's Forward PE is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains. VTL's low Debt-to-Equity ratio reflects that the company isn't heavily reliant on debt, reducing financial risk. This conservative approach suggests VTL maintains a stable financial foundation, with greater flexibility to manage future growth or challenges without over-leverage concerns. VTL's positive earnings and revenue growth point to business expansion on the horizon. The company is positioned for continued success, with increasing profits and revenue growth highlighting a strong path forward for future growth. Vardhman Textiles Limited's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.
Price projections:
Price projections for VTL VTL's price has often been near the lower end of the projected range. This ongoing trend suggests that investor confidence might be waning, and the stock could face challenges in gaining upward momentum.
Recommendation changes over time:
Recommendations trend for VTL
The analysts' recent buy bias for Vardhman Textiles Limited indicates strong confidence in the stock's future performance. This could encourage more investors to view Vardhman Textiles Limited as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.
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