Vardhman Polytex Peer Comparison

NSE: VARDMNPOLY | BSE: 514175

₹5.91

₹0.11 (1.90%)

As on 23-Sep-2026IST

Market cap

₹300 Cr

Revenue (TTM)

₹238 Cr

P/E Ratio

0.9

P/B Ratio

2.2

Div. Yield

0 %

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	Vardhman Polytex	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Market cap (₹ Cr)	300	3,472	2,872	2,777	1,722
Revenue (₹ Cr)	238	3,296	3,305	1,568	1,390
Net Profit (₹ Cr)	318.68	211.83	121.50	56.60	18.77
Net Margin (%)	126.71	6.42	3.67	3.57	1.34
RoE (%)	--	14.92	12.05	4.45	3.23
Price to Earnings	0.94	16.39	23.64	49.16	91.77
Price-To-Book	2.18	2.25	2.57	2.13	2.88

Income Statement (₹ Cr)

	Vardhman Polytex	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Operating Revenue	236.70	3,213.87	3,234.53	1,481.66	1,365.12
Total Income	245.90	3,218.88	3,259.72	1,499.08	1,375.63
Total Expenditure	222.48	2,761.12	2,930.93	1,339.95	1,272.30
EBITDA	14.22	452.75	303.60	141.71	92.82
Depreciation	6.72	148.13	95.36	64.81	61.69
EBIT	7.50	304.62	208.24	76.90	31.13
Interest	9.01	70.86	113.95	40.32	32.02
Other Income	9.19	5.01	25.19	17.42	10.51
Exceptional Items	--	--	-6.64	--	--
Profit before Tax	7.68	238.76	112.84	53.95	9.62
Provision for Tax	--	61.21	30.23	15.74	3.07
Profit after Tax	7.68	177.55	82.61	38.21	6.55

	Vardhman Polytex	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Shareholder's Funds	-197.18	1,470.73	1,076.27	1,275.67	588.54
Minority Interest	--	--	--	--	--
Non-Current Liabilities	266.45	693.63	802.67	414.15	104.30
Current Liabilities	163.70	750.25	1,447.01	313.56	415.72
Total Liabilities	283.13	2,914.61	3,325.95	2,003.38	1,123.92

	Vardhman Polytex	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Non-Current Assets	102.49	1,768.15	1,718.79	1,182.30	632.15
Current Assets	126.80	1,146.46	1,607.16	820.84	476.40
Total Assets	283.13	2,914.61	3,325.95	2,003.38	1,123.92
Total Debt*	55.12	1,124.50	1,275.94	495.61	177.99
Net Current Assets	-36.90	396.21	160.15	507.28	60.69
Contingent Liabilities	53.19	132.71	89.20	65.16	11.63

	Vardhman Polytex	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Cash From Operating Activities	-30.34	410.52	268.71	170.70	151.17
Cash Flow from Investing Activities	20.19	-286.70	-272.09	-158.16	-119.46
Cash from Financing Activities	10.00	-127.94	17.23	-8.91	-45.15
Net Cash Inflow / Outflow	-0.15	-4.13	13.85	3.64	-13.44

	Vardhman Polytex	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
ROCE (%)	0.00	12.21	10.09	5.42	5.45
ROE (%)	0.00	12.76	7.93	3.20	1.13
ROA (%)	3.35	6.29	2.63	1.94	0.60
EBIT Margin (%)	9.89	14.24	10.17	10.74	7.57
Net Margin (%)	3.12	5.52	2.53	2.55	0.48
Cash Profit Margin (%)	6.08	10.13	5.50	6.94	5.00

	Vardhman Polytex	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Revenue Growth (%)	-16.94	-2.78	13.22	1.09	-8.32
EBIT Growth (%)	-38.42	-3.63	26.45	-30.36	-16.77
Net Profit Growth (%)	-48.53	1.21	159.78	-62.94	-43.74
EPS Growth (%)	-51.11	1.21	159.75	-64.79	-43.84
Book Value Growth (%)	15.55	12.17	6.90	14.45	1.34

	Vardhman Polytex	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Price / Earnings	40.63	10.89	25.30	59.76	161.13
Price / Book Value	-1.52	1.31	1.94	1.79	1.81
Dividend Yield (%)	0.00	0.87	0.48	0.41	0.00
EV/EBITDA	15.67	6.66	10.04	16.70	11.79
Market Cap (₹ Cr)	312.02	1,932.82	2,089.51	2,283.69	1,055.10

	Vardhman Polytex	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Debt to Equity	-0.27	0.76	1.19	0.39	0.31
Short term debt to equity ratio	0.00	0.27	0.43	0.10	0.16
Current Ratio	0.77	1.53	1.11	2.62	1.15
Quick Ratio	0.29	0.72	0.71	1.67	0.58
Interest Coverage	1.85	4.37	1.99	2.34	1.30

	Vardhman Polytex	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Debtors to sales (%)	1.43	13.44	19.70	13.35	9.81
Asset Turnover	1.03	1.14	1.03	0.75	1.26
Receivable days	5.86	48.92	65.15	45.43	35.41
Inventory Days	94.31	69.00	65.59	80.32	65.22
Payable days	178.52	17.63	24.31	31.44	52.05
Cash Conversion Cycle	-78.34	100.29	106.43	94.31	48.59

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