Vedant Fashions Key Ratios
NSE: MANYAVAR | BSE: 543463
₹477.30
As on 09-Nov-2026IST
Market cap
₹11,578 Cr
Revenue (TTM)
₹1,462 Cr
P/E Ratio
30
P/B Ratio
5.5
Div. Yield
1.6 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -10.62 | 2.36 | 2.73 | 4.10 | 12.23 |
| EBIT | -28.32 | -7.89 | -3.75 | -3.59 | 8.98 |
| Net Profit | -30.26 | 0.25 | 0.16 | -0.79 | 9.89 |
| EPS | -30.26 | 0.24 | 0.14 | -0.82 | 15.50 |
| Book Value | -- | -- | 10.00 | 12.13 | 12.75 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 35.18 | 37.34 | 31.55 | 31.96 | 35.31 |
| Net Margin
| 26.59 | 27.99 | 24.70 | 24.56 | 26.40 |
| Return on equity
| 23.64 | 26.71 | 19.00 | 20.10 | 23.04 |
| Return on Capital
| 34.31 | 38.30 | -- | 29.45 | 33.92 |
| Return on Assets
| 11.57 | 13.14 | 13.86 | 10.09 | 11.12 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
--
|
29.45
|
33.92
|
39.57
|
48.19
|
|
Peer Median
|
--
|
21.33
|
23.20
|
28.52
|
--
|
ROE
19.00
Higher than Peers by 10.64
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
19.00
|
20.10
|
23.04
|
27.79
|
34.28
|
|
Peer Median
|
8.36
|
11.38
|
12.28
|
17.27
|
--
|
ROA
13.86
Higher than Peers by 11.27
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
13.86
|
10.09
|
11.12
|
13.51
|
16.63
|
|
Peer Median
|
2.59
|
3.65
|
2.66
|
3.02
|
--
|
EBIT Margin
31.55
Higher than Peers by 25.53
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
31.55
|
31.96
|
35.31
|
38.26
|
42.26
|
|
Peer Median
|
6.02
|
7.45
|
7.56
|
6.50
|
--
|
Net Margin
24.70
Higher than Peers by 22.69
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
24.70
|
24.56
|
26.40
|
28.82
|
31.03
|
|
Peer Median
|
2.02
|
2.89
|
2.30
|
2.84
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
--
|
37.97
|
39.06
|
40.15
|
39.24
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
2.73
Lower than Peers by 8.46
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
2.73
|
3.53
|
1.39
|
3.13
|
31.45
|
|
Peer Median
|
11.19
|
14.61
|
9.42
|
12.71
|
--
|
EBIT Growth
-3.75
Lower than Peers by 14.87
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
-3.75
|
-6.29
|
-6.44
|
-6.62
|
42.84
|
|
Peer Median
|
11.13
|
11.21
|
19.97
|
-7.73
|
--
|
Net Profit Growth
0.16
Lower than Peers by 9.71
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
0.16
|
-3.33
|
-6.21
|
-2.06
|
37.14
|
|
Peer Median
|
9.87
|
26.97
|
3.18
|
-3.48
|
--
|
EPS Growth
0.14
Lower than Peers by 17.27
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
0.14
|
-3.34
|
-6.23
|
-2.10
|
37.10
|
|
Peer Median
|
17.41
|
-4.13
|
3.16
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
--
|
10.02
|
11.64
|
14.86
|
28.48
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.05
|
0.30
|
0.29
|
0.22
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
3.89
Higher than Peers by 2.80
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
3.89
|
2.02
|
2.37
|
2.40
|
2.21
|
|
Peer Median
|
1.09
|
1.16
|
1.30
|
1.41
|
--
|
Quick Ratio
3.52
Higher than Peers by 3.27
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
3.52
|
1.88
|
2.14
|
2.21
|
1.98
|
|
Peer Median
|
0.25
|
0.54
|
0.59
|
0.49
|
--
|
Interest Coverage
10.60
Higher than Peers by 8.95
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
10.60
|
9.80
|
10.41
|
13.32
|
19.68
|
|
Peer Median
|
1.65
|
2.15
|
1.62
|
1.68
|
--
|
Operating Efficiency
Debtors to sales
49.43
Higher than Peers by 48.64
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
49.43
|
45.36
|
44.62
|
41.28
|
35.66
|
|
Peer Median
|
0.80
|
3.62
|
0.79
|
1.91
|
--
|
Asset Turnover
0.52
Lower than Peers by 0.37
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
0.52
|
0.39
|
0.40
|
0.45
|
0.52
|
|
Peer Median
|
0.89
|
1.01
|
0.85
|
0.87
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
--
|
161.43
|
155.73
|
138.44
|
119.42
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
--
|
44.06
|
44.83
|
41.62
|
43.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
--
|
74.37
|
99.43
|
87.14
|
84.20
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
--
|
131.13
|
101.13
|
92.91
|
78.54
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
29.99
Lower than Peers by 16.18
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
29.99
|
22.69
|
48.48
|
54.44
|
65.39
|
|
Peer Median
|
46.17
|
45.61
|
111.01
|
86.27
|
--
|
Price / Book Value
5.52
Lower than Peers by 0.62
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
5.52
|
4.35
|
10.59
|
14.15
|
19.93
|
|
Peer Median
|
6.14
|
5.94
|
7.51
|
8.73
|
--
|
Dividend Yield
1.63
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
1.63
|
2.21
|
1.03
|
0.92
|
0.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
15.78
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
15.78
|
11.79
|
25.86
|
30.95
|
39.78
|
|
Peer Median
|
--
|
17.83
|
24.57
|
46.83
|
--
|
Market Cap
11,578
Higher than Peers by 6,703
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vedant Fashions
|
11,578
|
8,521
|
18,834
|
22,547
|
27,651
|
|
Peer Median
|
4,875
|
3,955
|
5,907
|
5,704
|
--
|