About Vardhman Holdings Limited
Data last updated: 14 July 2026
Vardhman Holdings Limited is a public limited company based in Punjab, Punjab, India. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 27 December 1962, the company has been in operation for over 64 years.
Registered with ROC Chandigarh under CIN L17111PB1962PLC002463. Listed on BSE: 500439 and NSE: VHL.
Capital: an authorised share capital of ₹40 Cr and a paid-up capital of ₹3.19 Cr. Formerly known as Vardhman Spinning and General Mills Limited. It is led by directors including Vikas Kumar and Sachit Jain.
Last AGM: 24 September 2025. Financial statements filed for year ended 31 March 2025. Office: Chandigarh Road Ludhiana, Punjab, Punjab, India – 141010.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹12.25 Cr, a decline of 46.2% compared to the previous year. The net worth stands at ₹3,765.68 Cr (up 6.36% YoY). Total assets are valued at ₹3,769.23 Cr (up 6.45% YoY).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vardhman.com.
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EmailLocked
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TelephoneLocked
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Website
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Social Media
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Registered AddressChandigarh Road Ludhiana, Punjab, Punjab, India – 141010
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IndustryFinancial Services, Investment & Credit NBFC, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Vardhman Holdings Limited
Vardhman Holdings Limited has one previous CIN (Corporate Identification Number): U17111PB1962PLC002463. The current CIN is L17111PB1962PLC002463, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17111PB1962PLC002463 | Current |
| U17111PB1962PLC002463 | Previous |
Business Activity of Vardhman Holdings Limited
Vardhman Holdings Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records for Vardhman Holdings Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Vardhman Holdings Limited
Vardhman Holdings Limited is audited by K.C. Khanna & Co. (ICAI peer reviewed, certificate valid till 2026-12-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| K.C. Khanna & Co. (ICAI peer reviewed, certificate valid till 2026-12-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Vardhman Holdings Limited
Vardhman Holdings Limited is currently managed by 8 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Vikas Kumar
Also directs:
Vardhman Holdings Limited, Vtl Investments Limited, Vardhman Spinning And General Mills Limited and 1 more
|
Director | 11 Nov 2016 | 9 Years 8 Months | Current |
|
Sachit Jain
Also directs:
Adishwar Enterprises Llp, Vardhman Holdings Limited, Vardhman Textiles Limited and 5 more
|
Director | 30 Mar 2005 | 21 Years 3 Months | Current |
|
Suchita Jain
Also directs:
Vardhman Holdings Limited, Vardhman Textiles Limited, Vardhman Acrylics Limited and 5 more
|
Director | 30 Mar 2005 | 21 Years 3 Months | Current |
|
Shri Paul Oswal
Also directs:
Adishwar Enterprises Llp, Vardhman Holdings Limited, Vardhman Textiles Limited and 5 more
|
Managing Director | 12 Apr 1971 | 55 Years 3 Months | Current |
|
Devendrabhushan Jain
Also directs:
Vardhman Holdings Limited
|
Director | 29 Sep 2022 | 3 Years 9 Months | Current |
|
Manjul Pahwa
Also directs:
Vardhman Holdings Limited, Anandvan Enterprises Llp, Ralson (India) Limited and 2 more
|
Director | 29 Sep 2022 | 3 Years 9 Months | Current |
Financials of Vardhman Holdings Limited FY 2026 filings available
Vardhman Holdings Limited reported revenue of ₹12.25 Cr (down 46.2% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹12.25 Cr | ₹22.77 Cr | ₹14.9 Cr | ₹5.89 Cr | ₹33.09 Cr | ₹19.78 Cr | ₹12.44 Cr |
| Interest Earned | ₹61 Lakh | ₹1.19 Cr | ₹1.03 Cr | ₹3.36 Cr | ₹3.94 Cr | ₹7.8 Cr | ₹5.6 Cr |
| Other Income | ₹1.86 Cr | ₹1.86 Cr | ₹2.47 Cr | ₹1.88 Cr | ₹1.85 Cr | ₹1.25 Cr | ₹1.38 Cr |
| Total Income | ₹14.11 Cr | ₹24.63 Cr | ₹17.37 Cr | ₹7.77 Cr | ₹34.94 Cr | ₹21.03 Cr | ₹13.82 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹74 Lakh | ₹62 Lakh | ₹48 Lakh | ₹1.25 Cr | ₹82 Lakh | ₹56 Lakh | ₹54 Lakh |
| Finance Costs | ₹5 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹1 Lakh | ₹1 Lakh | ₹1 Lakh | ₹1 Lakh | ₹1 Lakh | ₹1 Lakh | ₹1 Lakh |
| Other Expenses | ₹1.3 Cr | ₹5.56 Cr | ₹3.86 Cr | ₹3.12 Cr | ₹2.24 Cr | ₹1.71 Cr | ₹5.44 Cr |
| Total Expenses | ₹2.1 Cr | ₹6.19 Cr | ₹4.35 Cr | ₹4.38 Cr | ₹3.07 Cr | ₹2.28 Cr | ₹5.99 Cr |
| Profit Before Exceptional Items & Tax | ₹12.01 Cr | ₹18.44 Cr | ₹13.02 Cr | ₹3.39 Cr | ₹31.87 Cr | ₹18.75 Cr | ₹7.83 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹12.01 Cr | ₹18.44 Cr | ₹13.02 Cr | ₹3.39 Cr | ₹31.87 Cr | ₹18.75 Cr | ₹7.83 Cr |
| Total Tax Expense | ₹13.24 Cr | ₹14.97 Cr | ₹9.36 Cr | -₹3.51 Cr | ₹30.39 Cr | ₹3.7 Cr | ₹1.33 Cr |
| Net Profit | ₹216.01 Cr | ₹258 Cr | ₹184.87 Cr | ₹228.43 Cr | ₹429.09 Cr | - | ₹159.72 Cr |
| attributable to Owners | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | ₹7.78 Cr | -₹15.57 Cr | ₹14.07 Cr | ₹78.03 Cr | ₹43.56 Cr | ₹50.6 Cr | -₹29.59 Cr |
| Total Comprehensive Income | ₹223.79 Cr | ₹242.43 Cr | ₹198.94 Cr | ₹306.46 Cr | ₹472.65 Cr | ₹180.11 Cr | ₹130.13 Cr |
| EBITDA (computed) | ₹12.07 Cr | ₹18.45 Cr | ₹13.03 Cr | ₹3.4 Cr | ₹31.88 Cr | ₹18.76 Cr | ₹7.84 Cr |
| Basic EPS | ₹676.83 | ₹808.40 | ₹579.28 | ₹715.75 | ₹1,344.46 | ₹405.80 | ₹500.43 |
| Diluted EPS | ₹676.83 | ₹808.40 | ₹579.28 | ₹715.75 | ₹1,344.46 | ₹405.80 | ₹500.43 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹3,769.23 Cr | ₹3,540.99 Cr | ₹3,297.77 Cr | ₹3,100.7 Cr |
| Property, Plant & Equipment | ₹3.18 Cr | ₹3.19 Cr | ₹3.19 Cr | ₹3.2 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Cash & Equivalents | ₹42 Lakh | ₹49 Lakh | ₹2.85 Cr | ₹2.95 Cr |
| Equity (Net Worth) | ₹3,765.68 Cr | ₹3,540.46 Cr | ₹3,297.17 Cr | ₹3,099.59 Cr |
| Equity Share Capital | ₹3.19 Cr | ₹3.19 Cr | ₹3.19 Cr | ₹3.19 Cr |
| Total Liabilities | ₹3.55 Cr | ₹53 Lakh | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹5.75 Cr | -₹5.51 Cr | -₹2.88 Cr | ₹1.28 Cr | -₹3.59 Cr |
| Investing Cash Flow | ₹7.28 Cr | ₹4.76 Cr | ₹4.38 Cr | ₹2.05 Cr | -₹68.58 Cr |
| Financing Cash Flow | -₹1.6 Cr | -₹1.61 Cr | -₹1.6 Cr | -₹1.59 Cr | -₹1.6 Cr |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹5.75 Cr | -₹5.51 Cr | -₹2.88 Cr | ₹1.28 Cr | -₹3.59 Cr |
| Dividends Paid | ₹1.6 Cr | ₹1.61 Cr | ₹1.6 Cr | ₹1.59 Cr | ₹1.6 Cr |
| Net Change in Cash | -₹7 Lakh | -₹2.36 Cr | -₹10 Lakh | ₹1.74 Cr | -₹73.77 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹33 Lakh | ₹5.76 Cr | ₹2.75 Cr | ₹3.41 Cr | ₹2.2 Cr | ₹6.57 Cr | ₹7.4 Cr | ₹6.6 Cr | ₹7 Lakh | ₹7.73 Cr | ₹30.27 Cr | ₹5.9 Cr |
| Interest Earned | ₹24 Lakh | ₹11 Lakh | ₹11 Lakh | ₹16 Lakh | ₹27 Lakh | ₹72 Lakh | ₹10 Lakh | ₹10 Lakh | ₹57 Lakh | - | ₹17 Lakh | ₹22 Lakh |
| Other Income | ₹48 Lakh | ₹47 Lakh | ₹47 Lakh | ₹45 Lakh | ₹48 Lakh | ₹46 Lakh | ₹48 Lakh | ₹44 Lakh | ₹1.15 Cr | ₹38 Lakh | ₹51 Lakh | ₹44 Lakh |
| Total Income | ₹81 Lakh | ₹6.23 Cr | ₹3.22 Cr | ₹3.86 Cr | ₹2.68 Cr | ₹7.03 Cr | ₹7.88 Cr | ₹7.04 Cr | ₹1.22 Cr | ₹8.11 Cr | ₹30.78 Cr | ₹6.34 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹22 Lakh | ₹19 Lakh | ₹17 Lakh | ₹16 Lakh | ₹15 Lakh | ₹16 Lakh | ₹17 Lakh | ₹14 Lakh | ₹11 Lakh | ₹18 Lakh | ₹12 Lakh | ₹7 Lakh |
| Finance Costs | ₹5 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹63 Lakh | ₹32 Lakh | ₹19 Lakh | ₹16 Lakh | ₹83 Lakh | ₹1.24 Cr | ₹2.35 Cr | ₹1.14 Cr | ₹2.61 Cr | ₹22 Lakh | ₹62 Lakh | ₹40 Lakh |
| Total Expenses | ₹90 Lakh | ₹51 Lakh | ₹36 Lakh | ₹32 Lakh | ₹98 Lakh | ₹1.41 Cr | ₹2.52 Cr | ₹1.28 Cr | ₹2.72 Cr | ₹40 Lakh | ₹74 Lakh | ₹47 Lakh |
| Profit Before Exceptional Items & Tax | -₹9 Lakh | ₹5.72 Cr | ₹2.86 Cr | ₹3.54 Cr | ₹1.7 Cr | ₹5.62 Cr | ₹5.36 Cr | ₹5.76 Cr | -₹1.5 Cr | ₹7.71 Cr | ₹30.04 Cr | ₹5.87 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹29.08 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹9 Lakh | ₹5.72 Cr | ₹2.86 Cr | ₹3.54 Cr | ₹1.7 Cr | ₹5.62 Cr | ₹5.36 Cr | ₹5.76 Cr | -₹30.58 Cr | ₹7.71 Cr | ₹30.04 Cr | ₹5.87 Cr |
| Total Tax Expense | -₹17 Lakh | ₹1.16 Cr | ₹11.37 Cr | ₹88 Lakh | ₹42 Lakh | ₹57 Lakh | ₹12.71 Cr | ₹1.27 Cr | ₹16 Lakh | ₹85 Lakh | ₹6.94 Cr | ₹1.4 Cr |
| Net Profit | ₹53.62 Cr | ₹53.71 Cr | ₹46.12 Cr | ₹62.58 Cr | ₹69.73 Cr | ₹65.76 Cr | ₹49.38 Cr | ₹73.13 Cr | ₹25.58 Cr | ₹53.6 Cr | ₹61.93 Cr | ₹43.79 Cr |
| attributable to Owners | ₹0 | ₹0 | ₹0 | - | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| attributable to NCI | ₹0 | ₹0 | ₹0 | - | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | -₹69.65 Cr | -₹8.96 Cr | ₹30.4 Cr | ₹55.99 Cr | -₹24.07 Cr | -₹78.94 Cr | -₹5.44 Cr | ₹92.89 Cr | -₹5.44 Cr | ₹12.64 Cr | ₹15.44 Cr | -₹8.57 Cr |
| Total Comprehensive Income | -₹16.03 Cr | ₹44.75 Cr | ₹76.52 Cr | ₹118.57 Cr | ₹45.66 Cr | -₹13.18 Cr | ₹43.94 Cr | ₹166.02 Cr | ₹20.14 Cr | ₹66.24 Cr | ₹77.37 Cr | ₹35.22 Cr |
| EBITDA (computed) | -₹4 Lakh | ₹5.72 Cr | ₹2.86 Cr | ₹3.54 Cr | ₹1.7 Cr | ₹5.63 Cr | ₹5.36 Cr | ₹5.76 Cr | -₹1.5 Cr | ₹7.71 Cr | ₹30.04 Cr | ₹5.87 Cr |
| Basic EPS | ₹167.97 | ₹168.28 | ₹144.50 | ₹196.08 | ₹218.51 | ₹206.02 | ₹154.73 | ₹229.14 | ₹80.15 | ₹167.97 | ₹194.03 | ₹137.17 |
| Diluted EPS | ₹167.97 | ₹168.28 | ₹144.50 | ₹196.08 | ₹218.51 | ₹206.02 | ₹154.73 | ₹229.14 | ₹80.15 | ₹167.97 | ₹194.03 | ₹137.17 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹53.97 Cr | ₹56.11 Cr | ₹43.98 Cr | ₹5.89 Cr | ₹114.98 Cr | ₹19.78 Cr | ₹39.24 Cr |
| Interest Earned | ₹61 Lakh | ₹1.19 Cr | ₹1.03 Cr | ₹3.36 Cr | ₹3.94 Cr | ₹7.8 Cr | ₹5.6 Cr |
| Other Income | ₹1.86 Cr | ₹1.86 Cr | ₹2.47 Cr | ₹1.88 Cr | ₹1.85 Cr | ₹1.25 Cr | ₹1.38 Cr |
| Total Income | ₹55.83 Cr | ₹57.97 Cr | ₹46.45 Cr | ₹7.77 Cr | ₹116.83 Cr | ₹21.03 Cr | ₹40.62 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹74 Lakh | ₹62 Lakh | ₹48 Lakh | ₹1.25 Cr | ₹82 Lakh | ₹56 Lakh | ₹54 Lakh |
| Finance Costs | ₹5 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹1 Lakh | ₹1 Lakh | ₹1 Lakh | ₹1 Lakh | ₹1 Lakh | ₹1 Lakh | ₹1 Lakh |
| Other Expenses | ₹1.3 Cr | ₹5.56 Cr | ₹3.85 Cr | ₹3.12 Cr | ₹2.25 Cr | ₹1.71 Cr | ₹5.44 Cr |
| Total Expenses | ₹2.1 Cr | ₹6.19 Cr | ₹4.34 Cr | ₹4.38 Cr | ₹3.08 Cr | ₹2.28 Cr | ₹5.99 Cr |
| Profit Before Exceptional Items & Tax | ₹53.73 Cr | ₹51.78 Cr | ₹42.11 Cr | ₹3.39 Cr | ₹113.75 Cr | ₹18.75 Cr | ₹34.63 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹53.73 Cr | ₹51.78 Cr | ₹42.11 Cr | ₹3.39 Cr | ₹113.75 Cr | ₹18.75 Cr | ₹34.63 Cr |
| Total Tax Expense | ₹13.24 Cr | ₹14.97 Cr | ₹9.36 Cr | -₹3.51 Cr | ₹30.39 Cr | ₹3.7 Cr | ₹1.33 Cr |
| Net Profit | ₹40.49 Cr | ₹36.81 Cr | ₹32.75 Cr | ₹6.9 Cr | ₹83.36 Cr | - | ₹33.3 Cr |
| attributable to Owners | - | - | - | - | - | ₹0 | - |
| attributable to NCI | - | - | - | - | - | ₹0 | - |
| Other Comprehensive Income | ₹6.61 Cr | -₹15.82 Cr | ₹12.97 Cr | ₹77.22 Cr | ₹43.56 Cr | ₹50.6 Cr | -₹29.59 Cr |
| Total Comprehensive Income | ₹47.1 Cr | ₹20.99 Cr | ₹45.72 Cr | ₹84.12 Cr | ₹126.92 Cr | ₹65.65 Cr | ₹3.71 Cr |
| EBITDA (computed) | ₹53.79 Cr | ₹51.79 Cr | ₹42.12 Cr | ₹3.4 Cr | ₹113.76 Cr | ₹18.76 Cr | ₹34.64 Cr |
| Basic EPS | ₹126.88 | ₹115.34 | ₹102.61 | ₹21.62 | ₹261.18 | ₹47.16 | ₹104.33 |
| Diluted EPS | ₹126.88 | ₹115.34 | ₹102.61 | ₹21.62 | ₹261.18 | ₹47.16 | ₹104.33 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹989.46 Cr | ₹940.94 Cr | ₹921.62 Cr | ₹878 Cr |
| Property, Plant & Equipment | ₹3.18 Cr | ₹3.19 Cr | ₹3.19 Cr | ₹3.2 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Cash & Equivalents | ₹42 Lakh | ₹49 Lakh | ₹2.85 Cr | ₹2.95 Cr |
| Equity (Net Worth) | ₹985.91 Cr | ₹940.41 Cr | ₹921.02 Cr | ₹876.9 Cr |
| Equity Share Capital | ₹3.19 Cr | ₹3.19 Cr | ₹3.19 Cr | ₹3.19 Cr |
| Total Liabilities | ₹3.55 Cr | ₹53 Lakh | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹35.97 Cr | ₹27.84 Cr | ₹26.2 Cr | ₹1.28 Cr | ₹78.29 Cr |
| Investing Cash Flow | -₹34.44 Cr | -₹28.59 Cr | -₹24.7 Cr | ₹2.05 Cr | -₹150.46 Cr |
| Financing Cash Flow | -₹1.6 Cr | -₹1.61 Cr | -₹1.6 Cr | -₹1.59 Cr | -₹1.6 Cr |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | ₹35.97 Cr | ₹27.84 Cr | ₹26.2 Cr | ₹1.28 Cr | ₹78.29 Cr |
| Dividends Paid | ₹1.6 Cr | ₹1.61 Cr | ₹1.6 Cr | ₹1.59 Cr | ₹1.6 Cr |
| Net Change in Cash | -₹7 Lakh | -₹2.36 Cr | -₹10 Lakh | ₹1.74 Cr | -₹73.77 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹33 Lakh | ₹5.76 Cr | ₹44.47 Cr | ₹3.41 Cr | ₹2.2 Cr | ₹6.57 Cr | ₹40.74 Cr | ₹6.6 Cr | ₹7 Lakh | ₹7.73 Cr | ₹30.27 Cr | ₹5.9 Cr |
| Interest Earned | ₹24 Lakh | ₹11 Lakh | ₹11 Lakh | ₹16 Lakh | ₹27 Lakh | ₹72 Lakh | ₹10 Lakh | ₹10 Lakh | ₹57 Lakh | - | ₹17 Lakh | ₹22 Lakh |
| Other Income | ₹48 Lakh | ₹47 Lakh | ₹47 Lakh | ₹45 Lakh | ₹48 Lakh | ₹46 Lakh | ₹48 Lakh | ₹44 Lakh | ₹1.15 Cr | ₹38 Lakh | ₹51 Lakh | ₹44 Lakh |
| Total Income | ₹81 Lakh | ₹6.23 Cr | ₹44.94 Cr | ₹3.86 Cr | ₹2.68 Cr | ₹7.03 Cr | ₹41.22 Cr | ₹7.04 Cr | ₹1.22 Cr | ₹8.11 Cr | ₹30.78 Cr | ₹6.34 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹22 Lakh | ₹19 Lakh | ₹17 Lakh | ₹16 Lakh | ₹15 Lakh | ₹16 Lakh | ₹17 Lakh | ₹14 Lakh | ₹11 Lakh | ₹18 Lakh | ₹12 Lakh | ₹7 Lakh |
| Finance Costs | ₹5 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹63 Lakh | ₹32 Lakh | ₹19 Lakh | ₹16 Lakh | ₹83 Lakh | ₹1.24 Cr | ₹2.35 Cr | ₹1.14 Cr | ₹2.61 Cr | ₹22 Lakh | ₹62 Lakh | ₹40 Lakh |
| Total Expenses | ₹90 Lakh | ₹51 Lakh | ₹36 Lakh | ₹32 Lakh | ₹98 Lakh | ₹1.41 Cr | ₹2.52 Cr | ₹1.28 Cr | ₹2.72 Cr | ₹40 Lakh | ₹74 Lakh | ₹47 Lakh |
| Profit Before Exceptional Items & Tax | -₹9 Lakh | ₹5.72 Cr | ₹44.58 Cr | ₹3.54 Cr | ₹1.7 Cr | ₹5.62 Cr | ₹38.7 Cr | ₹5.76 Cr | -₹1.5 Cr | ₹7.71 Cr | ₹30.04 Cr | ₹5.87 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹9 Lakh | ₹5.72 Cr | ₹44.58 Cr | ₹3.54 Cr | ₹1.7 Cr | ₹5.62 Cr | ₹38.7 Cr | ₹5.76 Cr | -₹1.5 Cr | ₹7.71 Cr | ₹30.04 Cr | ₹5.87 Cr |
| Total Tax Expense | -₹17 Lakh | ₹1.16 Cr | ₹11.37 Cr | ₹88 Lakh | ₹42 Lakh | ₹57 Lakh | ₹12.71 Cr | ₹1.27 Cr | ₹16 Lakh | ₹85 Lakh | ₹6.95 Cr | ₹1.4 Cr |
| Net Profit | ₹8 Lakh | ₹4.56 Cr | ₹33.21 Cr | ₹2.66 Cr | ₹1.28 Cr | ₹5.05 Cr | ₹25.99 Cr | ₹4.49 Cr | -₹1.66 Cr | ₹6.86 Cr | ₹23.09 Cr | ₹4.47 Cr |
| Other Comprehensive Income | -₹68.68 Cr | -₹10.6 Cr | ₹29.89 Cr | ₹55.99 Cr | -₹24.31 Cr | -₹78.95 Cr | -₹5.44 Cr | ₹92.88 Cr | -₹6.55 Cr | ₹12.63 Cr | ₹15.44 Cr | -₹8.56 Cr |
| Total Comprehensive Income | -₹68.6 Cr | -₹6.04 Cr | ₹63.1 Cr | ₹58.65 Cr | -₹23.03 Cr | -₹73.9 Cr | ₹20.55 Cr | ₹97.37 Cr | -₹8.21 Cr | ₹19.49 Cr | ₹38.53 Cr | -₹4.09 Cr |
| EBITDA (computed) | -₹4 Lakh | ₹5.72 Cr | ₹44.58 Cr | ₹3.54 Cr | ₹1.7 Cr | ₹5.63 Cr | ₹38.7 Cr | ₹5.76 Cr | -₹1.5 Cr | ₹7.71 Cr | ₹30.04 Cr | ₹5.87 Cr |
| Basic EPS | ₹0.22 | ₹14.27 | ₹104.03 | ₹8.36 | ₹4.03 | ₹15.81 | ₹81.43 | ₹14.07 | ₹-5.21 | ₹21.46 | ₹72.36 | ₹13.97 |
| Diluted EPS | ₹0.22 | ₹14.27 | ₹104.03 | ₹8.36 | ₹4.03 | ₹15.81 | ₹81.43 | ₹14.07 | ₹-5.21 | ₹21.46 | ₹72.36 | ₹13.97 |
Shareholding Pattern of Vardhman Holdings Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 74.90%, foreign institutional investors hold 0.05%, domestic institutional investors hold 0.07%, retail and other public shareholders hold 24.97% of Vardhman Holdings Limited. The company had 10,688 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 74.90% | 74.90% | 74.90% | 74.90% | 74.90% | 74.90% |
| Public | 25.10% | 25.10% | 25.10% | 25.10% | 25.10% | 25.10% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.90% | 74.90% | 74.90% | 74.90% | 74.90% | 74.90% | 74.90% | 74.90% | 74.90% | 74.90% | 74.90% |
| Public | 25.10% | 25.10% | 25.10% | 25.10% | 25.10% | 25.10% | 25.10% | 25.10% | 25.10% | 25.10% | 25.10% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | - |
Board & Governance of Vardhman Holdings Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Vardhman Holdings Limited has 8 directors - 4 independent and 1 executive. The board is chaired by SHRI PAUL OSWAL.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| SHRI PAUL OSWAL | Executive Director · MD · Chairperson | 1971-04-12 | 3 |
| SACHIT JAIN | Non-Executive - Non Independent Director | 2005-03-30 | 4 |
| SUCHITA JAIN | Non-Executive - Non Independent Director | 2005-03-30 | 4 |
| VIKAS KUMAR | Non-Executive - Non Independent Director | 2016-11-11 | 1 |
| DEVENDRABHUSHAN JAIN | Non-Executive - Independent Director | 2022-09-29 | 1 |
| MANJUL PAHWA | Non-Executive - Independent Director | 2022-09-29 | 1 |
| PARAMPAL SINGH | Non-Executive - Independent Director | 2025-08-05 | 1 |
| ANILA NAIR | Non-Executive - Independent Director | 2025-08-05 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | DEVENDRABHUSHAN JAIN (Chairperson), MANJUL PAHWA, PARAMPAL SINGH |
| Nomination and remuneration committee | DEVENDRABHUSHAN JAIN (Chairperson), SACHIT JAIN, PARAMPAL SINGH |
| Stakeholders Relationship Committee | PARAMPAL SINGH (Chairperson), SACHIT JAIN, VIKAS KUMAR |
| Risk Management Committee | SACHIT JAIN (Chairperson), PARAMPAL SINGH, VIKAS KUMAR |
Group Structure of Vardhman Holdings Limited
Vardhman Holdings Limited has 2 associated companies. This group structure data is as of FY 2023. The corporate group structure reflects Vardhman Holdings Limited's business expansion strategy and organizational complexity.
Charges & Borrowings Vardhman Holdings Limited
Vardhman Holdings Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vardhman Holdings Limited
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Employee and EPFO history for Vardhman Holdings Limited
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GST Compliance of Vardhman Holdings Limited
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Credit Ratings, Litigation & Regulatory Alerts for Vardhman Holdings Limited
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MSME Payment Delays by Vardhman Holdings Limited
MSME payment history for Vardhman Holdings Limited
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Subsidiaries & Group Companies of Vardhman Holdings Limited
Corporate group structure for Vardhman Holdings Limited
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MCA Filings & Documents of Vardhman Holdings Limited
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Recent Activity on Vardhman Holdings Limited
Recent News on Vardhman Holdings Limited
Frequently Asked Questions about Vardhman Holdings Limited
Vardhman Holdings Limited is an active public limited company in the financial services sector based in Punjab, Punjab, India. It was incorporated on 27 December 1962 (64+ years old) and is registered under CIN L17111PB1962PLC002463. Listed on BSE: 500439 and NSE: VHL.
Vardhman Holdings Limited reported revenue of ₹12.25 Cr for FY 2026 (down 46.2% YoY) based on consolidated NSE filings.
The current directors of Vardhman Holdings Limited are:
- Vikas Kumar - Director
- Sachit Jain - Director
- Suchita Jain - Director
- Shri Paul Oswal - Managing Director
- Devendrabhushan Jain - Director
- Manjul Pahwa - Director
- Anila Nair - Director
- Parampal Singh - Director
The primary industry of Vardhman Holdings Limited is financial services. The company specifically operates in investment and credit nbfc. The company is currently active in this sector.
Yes. Vardhman Holdings Limited is listed on both BSE (code: 500439) and NSE (symbol: VHL).
Vardhman Holdings Limited can be reached at the registered office: Chandigarh Road Ludhiana, Punjab, Punjab, India – 141010, or through the website vardhman.com.