Vardhman Holdings Key Ratios

Stock Card

NSE: VHL | BSE: 500439

₹3,475.00

₹25.70 (0.75%)

As on 05-Nov-2026 09:54IST

Market cap

₹1,092 Cr

Revenue (TTM)

₹20 Cr

P/E Ratio

4.3

P/B Ratio

0.3

Div. Yield

0.1 %

Key Ratios and Highlights

Growth Score (%)	Quarterly		Annual (TTM)
Particulars	QoQ	YoY	1-Year	3-Years	5-Years
Revenue	3,181.82	217.60	0.46	56.06	28.18
EBIT	2,038.46	226.21	19.78	70.50	4.25
Net Profit	82.92	56.73	0.20	55.93	28.11
EPS	82.92	56.73	1.65	12.17	1.69
Book Value	--	--	6.36	6.70	10.31

Key Ratios (%)	Average		Annual (TTM)
Particulars	3-Years	5-Years	TTM	Mar-26	Mar-25
EBIT-Margin	91.80	15,318.37	87.44	83.71	72.83
Net Margin	68.85	5,848.08	20.65	1,532.45	1,047.40
Return on equity	3.93	8.78	6.71	5.91	7.55
Return on Assets	3.96	8.80	0.12	5.91	7.56

Profitability

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ROCE

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	--	6.28	7.98	6.07	7.66
Peer Median	--	6.17	10.81	7.66	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

ROE

6.71

Higher than Peers by 0.95

Profit after tax / Average Net worth * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	6.71	5.91	7.55	5.78	7.77
Peer Median	5.76	4.24	10.20	7.77	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

ROA

0.12

Lower than Peers by 3.49

Profit after tax / Average Total assets * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	0.12	5.91	7.56	5.81	7.83
Peer Median	3.61	2.48	5.58	4.45	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EBIT Margin

87.44

Higher than Peers by 46.55

Operating profit (EBIT) / Net Sales * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	87.44	83.71	72.83	70.84	25.67
Peer Median	40.90	41.70	40.64	56.33	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Net Margin

20.65

Lower than Peers by 5.17

Net profit / Total Income (Net sales plus other income) * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	20.65	1,532.45	1,047.40	1,064.16	2,941.37
Peer Median	25.82	14.31	33.00	22.22	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Cash Profit Margin

(Net profit + Depreciation) / Gross Sales * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	--	1,764.78	1,132.81	1,240.76	3,882.06
Peer Median	0.00	0.00	0.00	0.00	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

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Revenue Growth

0.46

Lower than Peers by 16.05

Year on year growth in net sales

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	0.46	-46.26	52.85	153.23	-82.22
Peer Median	16.51	0.50	17.44	66.08	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EBIT Growth

19.78

Lower than Peers by 1.45

Year on year growth in operating profit (EBIT)

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	19.78	-38.23	57.16	598.67	-94.97
Peer Median	21.23	21.05	15.12	209.90	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Net Profit Growth

0.20

Lower than Peers by 17.67

Year on year growth in profit after tax

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	0.20	-16.28	39.55	-19.07	-46.76
Peer Median	17.87	28.83	7.75	162.17	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EPS Growth

1.65

Lower than Peers by 8.90

Year on year growth in earnings per share

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	1.65	-16.28	39.55	-19.07	-46.76
Peer Median	10.54	37.21	-2.97	166.13	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Book Value Growth

Year on year growth in book value per share

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	--	6.36	7.38	6.37	11.62
Peer Median	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

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Debt to Equity

Total debt / Net worth

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	--	--	--	--	--
Peer Median	--	0.11	0.67	0.13	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Current Ratio

53,739.86

Higher than Peers by 53,734.79

Current Assets / Current Liabilities and Provisions

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	53,739.86	449.37	237.55	153.77	69.74
Peer Median	5.06	5.15	3.25	2.96	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Quick Ratio

53,739.86

Higher than Peers by 53,735.01

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	53,739.86	449.37	237.55	153.77	69.74
Peer Median	4.84	10.00	2.21	3.00	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Interest Coverage

382.60

Higher than Peers by 373.48

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	382.60	2,492.84	--	--	--
Peer Median	9.12	3.76	3.46	3.08	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

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Price / Earnings

4.34

Lower than Peers by 16.23

Current share price divided by earning per share in the last twelve months

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	4.34	4.38	4.16	4.82	3.59
Peer Median	20.57	20.60	15.29	14.30	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Price / Book Value

0.29

Lower than Peers by 0.52

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
Vardhman Holdings	0.29	0.25	0.30	0.27	0.26
Peer Median	0.81	0.97	1.31	2.64	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Dividend Yield

0.15

Dividend per share in the past twelve months divided by current share price

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	0.15	0.17	0.15	0.18	0.19
Peer Median	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EV/EBITDA

57.00

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
Vardhman Holdings	57.00	78.09	58.12	68.11	239.76
Peer Median	--	13.20	13.18	17.64	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Market Cap

1,092

Higher than Peers by 269

Current Share price multiplied by latest total number of shares outstanding

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Vardhman Holdings	1,092	947	1,074	892	819
Peer Median	823	742	566	1,044	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.