Vardhman Holdings Limited

BSE: 500439 NSE: VHL
Vardhman Holdings Limited - financial services in Punjab, Punjab, India. FY 2026 financials and compliance.
CIN L17111PB1962PLC002463 Incorporated 27 December 1962 ROC Chandigarh HQ Punjab, Punjab, India
Active Listed - NSE: VHL · BSE: 500439 Public Limited Company financial services
Data last updated
Revenue · FY 2026
₹12.25 Cr
▼ 46.2% YoY
EBITDA · FY 2026
₹12.07 Cr
▼ 34.58% YoY
Net profit · FY 2026
₹216.01 Cr
▼ 16.28% YoY
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹3.19 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
64 yrs
Est. 1962
Last financials
Mar 2025
Balance sheet date

About Vardhman Holdings Limited

Data last updated: 23 December 2025

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 Pooja Mehta and Manjul Pahwa.

Last AGM: 24 September 2025. Financial statements filed for year ended 31 March 2025. Office: Chandigarh Road Ludhiana, Punjab, Punjab, India – 141010.

As per the financials filed for FY 2023, the company reported a revenue of ₹7.77 Cr, a decline of 93.35% compared to the previous year.

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.

Company Details of Vardhman Holdings Limited
CIN L17111PB1962PLC002463
Registration Number 002463
Incorporation Date 27 December 1962
ROC Chandigarh
Listing Status Listed (BSE: 500439, NSE: VHL)
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Shri Paul Oswal Managing Director Pooja Mehta Director Manjul Pahwa Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    vardhman.com
  • Social Media
  • Registered Address
    Chandigarh Road Ludhiana, Punjab, Punjab, India – 141010
  • Industry
    Financial Services, Investment & Credit NBFC, NBFC
Company report
Vardhman Holdings Limited - full intelligence report
  • 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
₹799 ₹999 20% off
Secure checkout · GST invoice included

Unlock the full Vardhman Holdings Limited report

Financials, compliance, directors, charges, ownership and filings for Vardhman Holdings Limited in one report.

10-year financials Directors & ownership Charges & compliance

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
********* Financial and insurance Service ********* Other financial activities *********

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 11 directors, with 24 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Pooja Mehta
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
Shri Paul Oswal
Also directs: Adishwar Enterprises Llp, Vardhman Holdings Limited, Vardhman Textiles Limited and 5 more
Managing Director 12 Apr 1971 55 Years 2 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
Parampal Singh
Also directs: Vardhman Holdings Limited
Director 05 Aug 2025 0 Years 11 Months Current
Showing 6 of 11 current directors. View all directors

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. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹12.25 Cr ▼ 46.2%
Profit · FY 2026
₹216.01 Cr ▼ 16.28%
EBITDA · FY 2026
₹12.07 Cr ▼ 34.58%
Revenue₹ Cr · Consolidated02040FY 2020: ₹12 Cr12.4FY 2020FY 2021: ₹20 Cr · +59% YoY19.8+59%FY 2021FY 2022: ₹33 Cr · +67.3% YoY33.1+67.3%FY 2022FY 2023: ₹6 Cr · -82.2% YoY5.9-82.2%FY 2023FY 2024: ₹15 Cr · +153% YoY14.9+153%FY 2024FY 2025: ₹23 Cr · +52.8% YoY22.8+52.8%FY 2025FY 2026: ₹12 Cr · -46.2% YoY12.3-46.2%FY 2026
Net Profit₹ Cr · Consolidated0200400600FY 2020: ₹160 Cr160FY 2020FY 2022: ₹429 Cr429FY 2022FY 2023: ₹228 Cr · -46.8% YoY228-46.8%FY 2023FY 2024: ₹185 Cr · -19.1% YoY185-19.1%FY 2024FY 2025: ₹258 Cr · +39.6% YoY258+39.6%FY 2025FY 2026: ₹216 Cr · -16.3% YoY216-16.3%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year02.557.5Q1'25: ₹7 Cr · +11.9% YoY6.6+11.9%Q1'25Q2'25: ₹7 Cr · -75.6% YoY7.4-75.6%Q2'25Q3'25: ₹7 Cr · -15% YoY6.6-15%Q3'25Q4'25: ₹2 Cr · +3042.9% YoY2.2+3042.9%Q4'25Q1'26: ₹3 Cr · -48.3% YoY3.4-48.3%Q1'26Q2'26: ₹3 Cr · -62.8% YoY2.8-62.8%Q2'26Q3'26: ₹6 Cr · -12.3% YoY5.8-12.3%Q3'26Q4'26: ₹0 Cr · -85% YoY0.3-85%Q4'26
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 - -
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
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
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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
Latest 12 quarters shown of 25 on record.
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 - -
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
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
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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
Latest 12 quarters shown of 24 on record.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Vardhman Holdings Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

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.

Promoters: 74.90%DII (Domestic Institutional): 0.07%FII (Foreign Institutional): 0.05%Retail & Others: 24.97%
Mar 2026
QUARTER
74.90% Promoters
0.07% DII (Domestic Institutional)
0.05% FII (Foreign Institutional)
24.97% Retail & Others
Promoter holding - history
Now 74.90% · Mar 2026High 74.90% · Dec 2015Low 74.90% · Dec 2015
73%73.8%74.5%75.3%76%Dec 2015Jun 2018Dec 2020Jun 2023Dec 2025Dec 2015: 74.90%Mar 2016: 74.90%Jun 2016: 74.90%Sep 2016: 74.90%Dec 2016: 74.90%Mar 2017: 74.90%Jun 2017: 74.90%Sep 2017: 74.90%Dec 2017: 74.90%Mar 2018: 74.90%Jun 2018: 74.90%Sep 2018: 74.90%Dec 2018: 74.90%Mar 2019: 74.90%Jun 2019: 74.90%Sep 2019: 74.90%Dec 2019: 74.90%Mar 2020: 74.90%Jun 2020: 74.90%Sep 2020: 74.90%Dec 2020: 74.90%Mar 2021: 74.90%Jun 2021: 74.90%Sep 2021: 74.90%Dec 2021: 74.90%Mar 2022: 74.90%Jun 2022: 74.90%Sep 2022: 74.90%Dec 2022: 74.90%Mar 2023: 74.90%Jun 2023: 74.90%Sep 2023: 74.90%Dec 2023: 74.90%Mar 2024: 74.90%Jun 2024: 74.90%Sep 2024: 74.90%Dec 2024: 74.90%Mar 2025: 74.90%Jun 2025: 74.90%Sep 2025: 74.90%Dec 2025: 74.90%Mar 2026: 74.90%74.90%74.90%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters74.90%74.90%74.90%74.90%74.90%74.90%
Public25.10%25.10%25.10%25.10%25.10%25.10%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters74.90%74.90%74.90%74.90%74.90%74.90%74.90%74.90%74.90%74.90%74.90%
Public25.10%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.

DirectorPositionOn board sinceListed 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
Board Committees
CommitteeMembers
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.

2
Associated companies

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

View historical data on people associated with Vardhman Holdings Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Vardhman Holdings Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Vardhman Holdings Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Vardhman Holdings Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Vardhman Holdings Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Vardhman Holdings Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Vardhman Holdings Limited

MSME Payment Delays by Vardhman Holdings Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Vardhman Holdings Limited

Subsidiaries & Group Companies of Vardhman Holdings Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Vardhman Holdings Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Vardhman Holdings Limited

MCA Filings & Documents of Vardhman Holdings Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Vardhman Holdings Limited

Activity
24 Sep 2025
Vardhman Holdings Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Directors
05 Aug 2025
Parampal Singh was appointed as a Director on 05 Aug 2025 & has been associated with this company since 11 months 4 days.
Directors
05 Aug 2025
Anila Nair was appointed as a Director on 05 Aug 2025 & has been associated with this company since 11 months 4 days.
Activity
31 Mar 2025
Vardhman Holdings Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Directors
21 Nov 2024
Ankit Singla was appointed as a Company Secretary on 21 Nov 2024 & has been associated with this company since 1 year 7 months.
Directors
02 Dec 2023
Vikas Kumar was appointed as a Nodal Officer on 02 Dec 2023 & has been associated with this company since 2 years 7 months.

Recent News on Vardhman Holdings Limited

Savio meets Vardhman demand for quality Lycra yarn
26 Feb 2019 · Textile Magazine
Vardhman Textiles allots 32,900 equity shares
08 Jan 2019 · Business Standard

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 ₹7.77 Cr for FY 2023 (down 93.35% YoY).

The current directors of Vardhman Holdings Limited are:

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.

7M+ Indian companies. One platform.

Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

Subscription plans available