Vardhman Polytex Ltd

BSE: 514175 NSE: VARDMNPOLY
Vardhman Polytex Ltd - manufacturing in Ludhiana, Punjab, India. FY 2026 financials and compliance.
CIN L17122PB1980PLC004242 Incorporated 20 August 1980 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Listed - NSE: VARDMNPOLY · BSE: 514175 Public Limited Company manufacturing
Data last updated
Revenue · FY 2026
₹236.7 Cr
▼ 16.94% YoY
Computed EBITDA · FY 2026
₹23.39 Cr
▼ 38.43% YoY
Net profit · FY 2026
₹7.68 Cr
▼ 48.53% YoY
Authorised capital
₹70 Cr
Registered with MCA
Paid-up capital
₹48.3 Cr
Issued & subscribed
Open charges
₹384.44 Cr
Satisfied ₹2,079.78 Cr
Company age
46 yrs
Est. 1980
Employees · EPFO
1,847
Latest available

About Vardhman Polytex Ltd

Data last updated: 14 July 2026

Vardhman Polytex Ltd is a public limited company based in Ludhiana, Punjab, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 20 August 1980, the company has been in operation for over 46 years.

Registered with ROC Chandigarh under CIN L17122PB1980PLC004242. Listed on BSE: 514175 and NSE: VARDMNPOLY.

Capital: an authorised share capital of ₹70 Cr and a paid-up capital of ₹48.3 Cr. Formerly known as Punjab Mohta Polytex Ltd. It is led by directors including Suresh Kumar Banka and Manju Oswal.

Last AGM: 28 August 2025. Financial statements filed for year ended 31 March 2025. Office: Vardhman Park Chandigarh Road Ludhiana – 141123, Punjab, India – 141123.

As per NSE-filed standalone financials for FY 2026, the company reported a revenue of ₹236.7 Cr, a decline of 16.94% compared to the previous year. Total assets are valued at ₹283.13 Cr (up 2.67% YoY).

The company has a workforce of approximately 1,847 employees as per the latest available data.

The company is associated with 2 brands - Oswal Group, Vardhman Polytex. As per MCA filings, the company has open charges of ₹384.44 Cr and satisfied charges of ₹2,079.78 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vpl.in.

Company Details of Vardhman Polytex Ltd
CIN L17122PB1980PLC004242
Registration Number 004242
Incorporation Date 20 August 1980
ROC Chandigarh
Listing Status Listed (BSE: 514175, NSE: VARDMNPOLY)
Company Status Active
Date of Last AGM 28 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Adish Oswal Managing Director Suresh Kumar Banka Director Manju Oswal Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    vpl.in
  • Social Media
  • Registered Address
    Vardhman Park Chandigarh Road Ludhiana – 141123, Punjab, India – 141123
  • Industry
    Manufacturing, Textile & Fabric Production
Company report
Vardhman Polytex Ltd - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Vardhman Polytex Ltd in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Vardhman Polytex Ltd

Vardhman Polytex Ltd has one previous CIN (Corporate Identification Number): U17122PB1980PLC004242. The current CIN is L17122PB1980PLC004242, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L17122PB1980PLC004242 Current
U17122PB1980PLC004242 Previous

Associated Brands with Vardhman Polytex Ltd

Vardhman Polytex Ltd operates two associated brands: Oswal Group and Vardhman Polytex. These brands represent Vardhman Polytex Ltd's diversified market presence and brand portfolio.

Brand Description Website
Oswal Group
Garments are manufactured on a contract basis in Ludhiana, India. oswalgroup.com
Vardhman Polytex
Manufacturer of cotton fabrics, textile yarn and garments vpl.in

Competitors & Alternatives of Vardhman Polytex Ltd

Brands and companies operating in the same space as Vardhman Polytex Ltd include Gokaldas Exports, Radhamani Group, Brand Concepts and 5 more.

Competitor Description Location Founded
Gokaldas Exports Gokaldas Exports Apparel and clothing are manufactured and exported on contract. Bengaluru, India, India 1979
Radhamani Group Radhamani Group Sustainable garment manufacturing solutions are provided comprehensively. Bengaluru, India, India 2008
Brand Concepts Brand Concepts Contract manufacturing of bags, belts, wallets, and accessories is conducted. Indore, India, India 2007
Cupid Cupid Contract manufacturer of male & female condoms Nashik, India, India 1993
Shahi Shahi Garments are contract-manufactured by Shahi in apparel production. Faridabad, India, India 1974
FAZE THREE LIMITED FAZE THREE LIMITED Home furnishings and automobile textiles are contract-manufactured. Mumbai, India, India 1985
Eastman Exports Eastman Exports Apparel products are manufactured under contract in India. Tiruppur, India, India 2003
SAPL Industries SAPL Industries Offers product development and manufacturing services to business customers in India. Mumbai, India, India 2001

Business Activity of Vardhman Polytex Ltd

Vardhman Polytex Ltd is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C2 Textile, leather and other apparel products Locked
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Business activity turnover details for Vardhman Polytex Ltd

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
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Auditor Details of Vardhman Polytex Ltd

Vardhman Polytex Ltd is audited by NAVNEET SEHGAL & CO. (ICAI peer reviewed, certificate valid till 2028-07-31) 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
NAVNEET SEHGAL & CO. (ICAI peer reviewed, certificate valid till 2028-07-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Vardhman Polytex Ltd

Vardhman Polytex Ltd is currently managed by 6 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
Suresh Kumar Banka Director 01 Sep 2020 5 Years 11 Months Current
Manju Oswal
Also directs: Nightnagle Dealcom Private Limited, Liberty Mercantile Company Pvt Ltd, Enakshi Investments Pvt Ltd
Director 12 Aug 2017 9 Years 0 Months Current
Adish Oswal
Also directs: Amrante Llp, Panchsheel Textile Mfg And Trading Company Private Limited, Pioneer Marcantile India Pvt Ltd and 5 more
Managing Director 01 Aug 2009 17 Years 0 Months Current
Shubham Jain Additional Director 03 Dec 2025 0 Years 8 Months Current
Rohit Jain Director 28 Mar 2024 2 Years 4 Months Current
Sanchi Taneja
Also directs: Fmi Limited
Director 18 Jul 2023 3 Years 0 Months Current
View all directors

Financials of Vardhman Polytex Ltd FY 2026 filings available

Vardhman Polytex Ltd reported revenue of ₹236.7 Cr (down 16.94% YoY) for FY 2026.

Revenue · FY 2026
₹236.7 Cr ▼ 16.94%
Profit · FY 2026
₹7.68 Cr ▼ 48.53%
Computed EBITDA · FY 2026
₹23.39 Cr ▼ 38.43%
Revenue₹ Cr · Standalone05001,000FY 2020: ₹561 Cr561FY 2020FY 2021: ₹508 Cr · -9.3% YoY508-9.3%FY 2021FY 2022: ₹929 Cr · +82.7% YoY929+82.7%FY 2022FY 2023: ₹616 Cr · -33.7% YoY616-33.7%FY 2023FY 2024: ₹371 Cr · -39.8% YoY371-39.8%FY 2024FY 2025: ₹285 Cr · -23.1% YoY285-23.1%FY 2025FY 2026: ₹237 Cr · -16.9% YoY237-16.9%FY 2026
Net Profit₹ Cr · Standalone-100-50050100150FY 2020: ₹102 Cr102FY 2020FY 2021: ₹57 Cr (loss) · -155.7% YoY-56.7FY 2021FY 2022: ₹16 Cr (loss) · +72.6% YoY-15.6FY 2022FY 2023: ₹1 Cr · +109.6% YoY1.5+109.6%FY 2023FY 2024: ₹27 Cr (loss) · -1894.3% YoY-26.8FY 2024FY 2025: ₹15 Cr · +155.8% YoY14.9+155.8%FY 2025FY 2026: ₹8 Cr · -48.5% YoY7.7-48.5%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year050100Q1'25: ₹64 Cr · -52.8% YoY64-52.8%Q1'25Q2'25: ₹64 Cr · -36% YoY64.4-36%Q2'25Q3'25: ₹75 Cr · +23.9% YoY75.4+23.9%Q3'25Q4'25: ₹81 Cr · +10.2% YoY81.2+10.2%Q4'25Q1'26: ₹60 Cr · -7% YoY59.5-7%Q1'26Q2'26: ₹62 Cr · -4.2% YoY61.7-4.2%Q2'26Q3'26: ₹51 Cr · -32.9% YoY50.6-32.9%Q3'26Q4'26: ₹65 Cr · -20.1% YoY64.8-20.1%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹236.7 Cr ₹284.98 Cr ₹370.64 Cr ₹615.51 Cr ₹928.6 Cr ₹508.28 Cr ₹560.66 Cr
Other Income ₹9.17 Cr ₹26.09 Cr ₹28.97 Cr ₹6.16 Cr ₹3.08 Cr ₹2.6 Cr ₹3.18 Cr
Total Income ₹245.88 Cr ₹311.07 Cr ₹399.61 Cr ₹621.67 Cr ₹931.67 Cr ₹510.88 Cr ₹563.85 Cr
Cost of Materials Consumed ₹160.56 Cr ₹200.17 Cr ₹320.35 Cr ₹468.26 Cr ₹708.57 Cr ₹366.77 Cr ₹424.22 Cr
Purchases of Stock-in-Trade ₹50.27 Cr ₹38.96 Cr ₹0 ₹40.88 Cr ₹2.06 Lakh ₹69.56 Lakh ₹3.71 Cr
Changes in Inventories -₹34.59 Cr -₹30.97 Cr ₹4.72 Cr ₹21.26 Cr -₹22.82 Cr ₹4.24 Cr ₹2.35 Cr
Employee Benefit Expense ₹16.25 Cr ₹25.32 Cr ₹38.28 Cr ₹45.18 Cr ₹57.19 Cr ₹38.7 Cr ₹45.15 Cr
Finance Costs ₹8.99 Cr ₹14.08 Cr ₹3.35 Cr ₹53.4 Cr ₹64.16 Cr ₹59.01 Cr ₹59.7 Cr
Depreciation & Amortisation ₹6.72 Cr ₹8.98 Cr ₹10.48 Cr ₹12.19 Cr ₹13.65 Cr ₹14.54 Cr ₹15.64 Cr
Other Expenses ₹29.99 Cr ₹39.59 Cr ₹49.19 Cr ₹76.19 Cr ₹126.46 Cr ₹83.63 Cr ₹85.65 Cr
Total Expenses ₹238.19 Cr ₹296.14 Cr ₹426.37 Cr ₹717.37 Cr ₹947.23 Cr ₹567.57 Cr ₹636.41 Cr
Profit Before Exceptional Items & Tax ₹7.68 Cr ₹14.92 Cr -₹26.76 Cr -₹95.7 Cr -₹15.56 Cr -₹56.69 Cr -₹72.56 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹97.2 Cr ₹0 ₹0 ₹174.35 Cr
Profit Before Tax ₹7.68 Cr ₹14.92 Cr -₹26.76 Cr ₹1.49 Cr -₹15.56 Cr -₹56.69 Cr ₹101.79 Cr
Total Tax Expense ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Net Profit ₹7.68 Cr ₹14.92 Cr -₹26.76 Cr ₹1.49 Cr -₹15.56 Cr -₹56.69 Cr ₹101.79 Cr
Other Comprehensive Income -₹17.85 Lakh ₹27.73 Lakh -₹32.11 Lakh -₹23.81 Lakh -₹15.11 Lakh -₹61.09 Lakh -₹70.08 Lakh
Total Comprehensive Income ₹7.5 Cr ₹15.2 Cr -₹27.08 Cr ₹1.25 Cr -₹15.71 Cr -₹57.3 Cr ₹101.09 Cr
EBITDA (computed) ₹23.39 Cr ₹37.99 Cr -₹12.93 Cr -₹30.11 Cr ₹62.26 Cr ₹16.85 Cr ₹2.78 Cr
Basic EPS ₹0.17 ₹0.45 ₹-10.83 ₹0.67 ₹-6.98 ₹-25.43 ₹45.66
Diluted EPS ₹0.17 ₹0.45 ₹-8.31 ₹0.67 ₹-6.98 ₹-25.43 ₹45.66
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹283.13 Cr ₹275.77 Cr ₹275.6 Cr ₹291.41 Cr
Non-current Assets ₹152.65 Cr ₹182.79 Cr ₹192.03 Cr ₹223.03 Cr
Current Assets ₹130.48 Cr ₹89.66 Cr ₹73.48 Cr ₹68.38 Cr
Property, Plant & Equipment ₹95.02 Cr ₹113.33 Cr ₹128.86 Cr ₹154.2 Cr
Inventories ₹78.56 Cr ₹43.76 Cr ₹16.81 Cr ₹15.93 Cr
Trade Receivables ₹3.38 Cr ₹4.22 Cr ₹3.57 Lakh ₹18.57 Lakh
Cash & Equivalents ₹27.71 Lakh ₹38.15 Lakh ₹1.06 Cr ₹30.41 Lakh
Equity (Net Worth) -₹197.18 Cr -₹227.39 Cr -₹361.04 Cr -₹362.31 Cr
Equity Share Capital ₹48.3 Cr ₹45.89 Cr ₹27.29 Cr ₹22.29 Cr
Borrowings (Non-current) ₹0 ₹16.2 Cr ₹45.13 Cr ₹0
Borrowings (Current) ₹55.12 Cr ₹33.45 Cr ₹31.06 Cr ₹447.48 Cr
Total Debt (computed) ₹55.12 Cr ₹49.65 Cr ₹76.19 Cr ₹447.48 Cr
Current Liabilities ₹163.7 Cr ₹161.17 Cr ₹254.87 Cr ₹651.07 Cr
Total Liabilities ₹480.31 Cr ₹503.16 Cr ₹636.64 Cr ₹653.72 Cr
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 -₹30.34 Cr -₹98.28 Cr -₹13.78 Cr ₹40.3 Cr ₹61.46 Cr
Investing Cash Flow ₹20.19 Cr ₹30.65 Cr ₹26.29 Cr -₹64.79 Lakh -₹64.57 Lakh
Financing Cash Flow ₹10 Cr ₹66.96 Cr -₹11.83 Cr -₹39.36 Cr -₹60.76 Cr
Capital Expenditure ₹12.67 Cr ₹4.71 Cr ₹17.31 Lakh ₹1.22 Cr ₹2.01 Cr
Free Cash Flow (computed) -₹43.02 Cr -₹102.99 Cr -₹13.96 Cr ₹39.09 Cr ₹59.46 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash -₹15.44 Lakh -₹67.35 Lakh ₹67.39 Lakh ₹29 Lakh ₹5.56 Lakh
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 ₹64.85 Cr ₹50.6 Cr ₹61.72 Cr ₹59.54 Cr ₹81.2 Cr ₹75.35 Cr ₹64.4 Cr ₹64.03 Cr ₹73.69 Cr ₹60.81 Cr ₹100.6 Cr ₹135.53 Cr
Other Income ₹1.47 Cr ₹2.24 Cr ₹1.72 Cr ₹3.74 Cr ₹8.53 Cr ₹3.16 Cr ₹9.36 Cr ₹5.04 Cr ₹4.52 Cr ₹2.87 Cr ₹1.79 Cr ₹19.79 Cr
Total Income ₹66.31 Cr ₹52.84 Cr ₹63.44 Cr ₹63.28 Cr ₹89.73 Cr ₹78.51 Cr ₹73.76 Cr ₹69.07 Cr ₹78.2 Cr ₹63.69 Cr ₹102.39 Cr ₹155.32 Cr
Cost of Materials Consumed ₹36.69 Cr ₹31.58 Cr ₹52.1 Cr ₹40.19 Cr ₹42.04 Cr ₹51.74 Cr ₹51.41 Cr ₹54.99 Cr ₹55.01 Cr ₹57.1 Cr ₹85.56 Cr ₹122.67 Cr
Purchases of Stock-in-Trade ₹14.14 Cr ₹11.34 Cr ₹13.83 Cr ₹10.97 Cr ₹25.03 Cr ₹13.71 Cr ₹22.48 Lakh ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹37.45 Lakh -₹2.72 Cr -₹26.64 Cr -₹5.6 Cr ₹3.06 Cr -₹33.55 Cr -₹44.01 Lakh -₹3.63 Lakh ₹1.96 Cr ₹69.33 Lakh ₹11.66 Cr -₹9.6 Cr
Employee Benefit Expense ₹4.04 Cr ₹3.54 Cr ₹4.45 Cr ₹4.22 Cr ₹4.35 Cr ₹6.25 Cr ₹7.06 Cr ₹7.65 Cr ₹7.86 Cr ₹9.2 Cr ₹9.83 Cr ₹11.39 Cr
Finance Costs ₹56.65 Lakh ₹45.28 Lakh ₹4.27 Cr ₹3.69 Cr ₹3.45 Cr ₹3.59 Cr ₹2.6 Cr ₹4.44 Cr ₹14.15 Lakh -₹22.58 Cr ₹12.96 Cr ₹12.83 Cr
Depreciation & Amortisation ₹1.7 Cr ₹1.75 Cr ₹1.75 Cr ₹1.52 Cr ₹2.13 Cr ₹2.2 Cr ₹2.32 Cr ₹2.33 Cr ₹2.47 Cr ₹2.62 Cr ₹2.65 Cr ₹2.74 Cr
Other Expenses ₹7.93 Cr ₹6.75 Cr ₹7.23 Cr ₹8.09 Cr ₹8.68 Cr ₹10.51 Cr ₹9.94 Cr ₹10.46 Cr ₹9.8 Cr ₹11.35 Cr ₹13.8 Cr ₹14.24 Cr
Total Expenses ₹65.43 Cr ₹52.69 Cr ₹56.98 Cr ₹63.09 Cr ₹88.74 Cr ₹54.45 Cr ₹73.13 Cr ₹79.83 Cr ₹77.26 Cr ₹58.38 Cr ₹136.46 Cr ₹154.27 Cr
Profit Before Exceptional Items & Tax ₹88.26 Lakh ₹14.5 Lakh ₹6.46 Cr ₹19.45 Lakh ₹98.55 Lakh ₹24.06 Cr ₹62.93 Lakh -₹10.75 Cr ₹94.6 Lakh ₹5.31 Cr -₹34.07 Cr ₹1.05 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹88.26 Lakh ₹14.5 Lakh ₹6.46 Cr ₹19.45 Lakh ₹98.55 Lakh ₹24.06 Cr ₹62.93 Lakh -₹10.75 Cr ₹94.6 Lakh ₹5.31 Cr -₹34.07 Cr ₹1.05 Cr
Total Tax Expense ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Net Profit ₹88.26 Lakh ₹14.5 Lakh ₹6.46 Cr ₹19.45 Lakh ₹98.55 Lakh ₹24.06 Cr ₹62.93 Lakh -₹10.75 Cr ₹94.6 Lakh ₹5.31 Cr -₹34.07 Cr ₹1.05 Cr
Other Comprehensive Income -₹38.65 Lakh ₹6.93 Lakh ₹6.93 Lakh ₹6.93 Lakh ₹51.81 Lakh -₹8.03 Lakh -₹8.03 Lakh -₹8.03 Lakh -₹14.25 Lakh -₹5.95 Lakh -₹5.95 Lakh -₹5.95 Lakh
Total Comprehensive Income ₹49.61 Lakh ₹21.43 Lakh ₹6.53 Cr ₹26.38 Lakh ₹1.5 Cr ₹23.98 Cr ₹54.9 Lakh -₹10.83 Cr ₹80.35 Lakh ₹5.25 Cr -₹34.13 Cr ₹99.01 Lakh
EBITDA (computed) ₹3.15 Cr ₹2.35 Cr ₹12.48 Cr ₹5.41 Cr ₹6.57 Cr ₹29.85 Cr ₹5.55 Cr -₹3.98 Cr ₹3.56 Cr -₹14.66 Cr -₹18.46 Cr ₹16.62 Cr
Basic EPS ₹0.02 ₹0.00 ₹0.14 ₹0.00 ₹0.02 ₹0.68 ₹0.02 ₹-0.39 ₹0.38 ₹2.23 ₹-15.12 ₹0.47
Diluted EPS ₹0.02 ₹0.00 ₹0.14 ₹0.00 ₹0.02 ₹0.68 ₹0.02 ₹-0.30 ₹0.29 ₹1.70 ₹-11.70 ₹0.46
Latest 12 quarters shown of 25 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Textile ₹66.31 Cr ₹66.75 Lakh ₹152.2 Cr ₹110.09 Cr
Real Estate ₹0 ₹78.16 Lakh ₹72.3 Cr ₹0
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Textile ₹245.88 Cr -₹3.38 Cr - -
Real Estate ₹0 ₹20.04 Cr - -
Metrics FY 2022 FY 2021 FY 2020
Revenue from Operations ₹928.77 Cr ₹508.52 Cr ₹560.87 Cr
Other Income ₹3.12 Cr ₹2.6 Cr ₹3.18 Cr
Total Income ₹931.89 Cr ₹511.12 Cr ₹564.05 Cr
Cost of Materials Consumed ₹708.57 Cr ₹366.77 Cr ₹424.22 Cr
Purchases of Stock-in-Trade ₹2.06 Lakh ₹69.56 Lakh ₹3.71 Cr
Changes in Inventories -₹22.82 Cr ₹4.24 Cr ₹2.35 Cr
Employee Benefit Expense ₹57.21 Cr ₹38.76 Cr ₹45.2 Cr
Finance Costs ₹64.16 Cr ₹59.01 Cr ₹59.7 Cr
Depreciation & Amortisation ₹13.71 Cr ₹14.65 Cr ₹15.71 Cr
Other Expenses ₹126.54 Cr ₹83.69 Cr ₹85.68 Cr
Total Expenses ₹947.39 Cr ₹567.8 Cr ₹636.56 Cr
Profit Before Exceptional Items & Tax -₹15.5 Cr -₹56.68 Cr -₹72.51 Cr
Exceptional Items ₹0 ₹0 ₹174.35 Cr
Profit Before Tax -₹15.5 Cr -₹56.68 Cr ₹101.84 Cr
Total Tax Expense ₹77,000 ₹1.52 Lakh ₹1.38 Lakh
Net Profit -₹15.51 Cr -₹56.7 Cr ₹101.83 Cr
  attributable to Owners - ₹0 -
  attributable to NCI - ₹0 -
Other Comprehensive Income -₹15.11 Lakh -₹61.09 Lakh -₹70.08 Lakh
Total Comprehensive Income -₹15.66 Cr -₹57.31 Cr ₹101.13 Cr
EBITDA (computed) ₹62.37 Cr ₹16.98 Cr ₹2.9 Cr
Basic EPS ₹-6.96 ₹-25.43 ₹45.68
Diluted EPS ₹-6.96 ₹-25.43 ₹45.68
Metrics FY 2022 FY 2021 FY 2020
Equity (Net Worth) -₹363.56 Cr ₹393.07 Cr -₹290.92 Cr
Metrics FY 2022
Operating Cash Flow ₹0
Investing Cash Flow ₹0
Financing Cash Flow ₹0
Capital Expenditure ₹0
Free Cash Flow (computed) ₹0
Dividends Paid ₹0
Net Change in Cash ₹0
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY22 Q2 FY22 Q1 FY22 Q4 FY21 Q3 FY21 Q2 FY21 Q1 FY21 Q4 FY20
Revenue from Operations ₹278.06 Cr ₹215.13 Cr ₹191.58 Cr ₹193.97 Cr ₹151.12 Cr ₹120.64 Cr ₹42.79 Cr ₹135.59 Cr
Other Income ₹60.88 Lakh ₹1.14 Cr ₹59.63 Lakh ₹63.51 Lakh ₹65.63 Lakh ₹65.02 Lakh ₹65.54 Lakh ₹84.04 Lakh
Total Income ₹278.67 Cr ₹216.27 Cr ₹192.17 Cr ₹194.61 Cr ₹151.78 Cr ₹121.29 Cr ₹43.44 Cr ₹136.43 Cr
Cost of Materials Consumed ₹221.12 Cr ₹159.02 Cr ₹140.23 Cr ₹128.47 Cr ₹116.79 Cr ₹87.38 Cr ₹34.12 Cr ₹100.29 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹1,000 ₹1.45 Lakh ₹68.11 Lakh ₹0 ₹40.61 Lakh
Changes in Inventories -₹4.38 Cr -₹4.22 Cr -₹14.45 Cr ₹3.99 Cr -₹53.21 Lakh ₹2.49 Cr -₹1.71 Cr -₹2.34 Cr
Employee Benefit Expense ₹15.91 Cr ₹14.05 Cr ₹13.22 Cr ₹12.41 Cr ₹11.37 Cr ₹9.9 Cr ₹5.08 Cr ₹10.52 Cr
Finance Costs ₹17.36 Cr ₹15.76 Cr ₹15.21 Cr ₹16.05 Cr ₹11.06 Cr ₹16.54 Cr ₹15.35 Cr ₹14.57 Cr
Depreciation & Amortisation ₹3.25 Cr ₹3.51 Cr ₹3.52 Cr ₹3.58 Cr ₹3.5 Cr ₹3.88 Cr ₹3.7 Cr ₹3.59 Cr
Other Expenses ₹32.18 Cr ₹29.97 Cr ₹34.89 Cr ₹31.3 Cr ₹23.71 Cr ₹20.24 Cr ₹8.44 Cr ₹22.16 Cr
Total Expenses ₹285.44 Cr ₹218.09 Cr ₹192.62 Cr ₹195.79 Cr ₹165.91 Cr ₹141.12 Cr ₹64.98 Cr ₹149.19 Cr
Profit Before Exceptional Items & Tax -₹6.77 Cr -₹1.82 Cr -₹44.33 Lakh -₹1.19 Cr -₹14.13 Cr -₹19.83 Cr -₹21.53 Cr -₹12.76 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹174.35 Cr
Profit Before Tax -₹6.77 Cr -₹1.82 Cr -₹44.33 Lakh -₹1.19 Cr -₹14.13 Cr -₹19.83 Cr -₹21.53 Cr ₹161.59 Cr
Total Tax Expense ₹0 ₹38,000 ₹39,000 ₹38,000 ₹39,000 ₹75,000 ₹0 ₹35,000
Net Profit -₹6.77 Cr -₹1.83 Cr -₹44.72 Lakh -₹1.19 Cr -₹14.14 Cr -₹19.84 Cr -₹21.53 Cr ₹161.59 Cr
  attributable to Owners - - ₹0 ₹0 - ₹0 ₹0 -
  attributable to NCI - - ₹0 ₹0 - ₹0 ₹0 -
Other Comprehensive Income ₹30.73 Lakh -₹15.28 Lakh -₹15.27 Lakh -₹8.53 Lakh -₹17.52 Lakh -₹17.52 Lakh -₹17.52 Lakh -₹22.8 Lakh
Total Comprehensive Income -₹6.46 Cr -₹1.98 Cr -₹59.99 Lakh -₹1.28 Cr -₹14.31 Cr -₹20.01 Cr -₹21.71 Cr ₹161.36 Cr
EBITDA (computed) ₹13.84 Cr ₹17.45 Cr ₹18.29 Cr ₹18.44 Cr ₹42.51 Lakh ₹58.98 Lakh -₹2.48 Cr ₹5.4 Cr
Basic EPS ₹-3.04 ₹-0.82 ₹-0.20 ₹-0.53 ₹-6.34 ₹-8.90 ₹-9.66 ₹72.49
Diluted EPS ₹-3.04 ₹-0.82 ₹-0.20 ₹-0.53 ₹-6.34 ₹-8.90 ₹-9.66 ₹72.49
Latest 8 quarters shown.
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Shareholding Pattern of Vardhman Polytex Ltd

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 37.50%, foreign institutional investors hold 5.63%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 56.87% of Vardhman Polytex Ltd. The company had 33,997 shareholders on record.

Promoters: 37.50%FII (Foreign Institutional): 5.63%Retail & Others: 56.87%
Mar 2026
QUARTER
37.50% Promoters
5.63% FII (Foreign Institutional)
56.87% Retail & Others
Promoter holding - history
Now 37.50% · Mar 2026High 60.18% · Dec 2018Low 30.76% · Dec 2024
29%37.3%45.5%53.8%62%Dec 2015Sep 2018Jun 2021Dec 2023Mar 2026Dec 2015: 60.13%Mar 2016: 60.13%Jun 2016: 60.13%Sep 2016: 60.13%Dec 2016: 60.13%Mar 2017: 60.13%Jun 2017: 60.13%Sep 2017: 60.13%Dec 2017: 60.13%Mar 2018: 60.13%Jun 2018: 60.13%Sep 2018: 60.13%Dec 2018: 60.18%Mar 2019: 60.18%Jun 2019: 60.18%Sep 2019: 60.18%Dec 2019: 60.18%Mar 2020: 60.18%Jun 2020: 60.18%Sep 2020: 60.18%Dec 2020: 60.18%Mar 2021: 60.18%Jun 2021: 60.18%Sep 2021: 60.18%Dec 2021: 60.18%Mar 2022: 60.16%Jun 2022: 60.16%Sep 2022: 60.16%Dec 2022: 60.16%Mar 2023: 60.16%Jun 2023: 60.16%Sep 2023: 55.20%Oct 2023: 49.14%Dec 2023: 49.14%Mar 2024: 49.14%Jun 2024: 49.14%Sep 2024: 49.14%Oct 2024: 34.74%Nov 2024: 32.31%Dec 2024: 30.76%Mar 2025: 34.22%Jun 2025: 34.22%Sep 2025: 34.22%Dec 2025: 34.22%Mar 2026: 37.50%60.18%30.76%37.50%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters37.50%34.22%34.22%34.22%34.22%30.76%
Public62.50%65.78%65.78%65.78%65.78%69.24%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters37.50%34.22%49.14%60.16%60.16%60.18%60.18%60.18%60.13%60.13%60.13%
Public62.50%65.78%50.86%39.84%39.84%39.82%39.82%39.82%39.87%39.87%39.87%
Promoter change (YoY, %pts)+3.28-14.92-11.02+0.00-0.02+0.00+0.00+0.05+0.00+0.00-

Board & Governance of Vardhman Polytex Ltd

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Vardhman Polytex Ltd has 6 directors - 3 independent and 1 executive. The board is chaired by ADISH OSWAL.

DirectorPositionOn board sinceListed boards
ADISH OSWAL Executive Director · MD · Chairperson 2009-08-01 1
MANJU OSWAL Non-Executive - Non Independent Director 2017-08-12 1
SURESH KUMAR BANKA Non-Executive - Non Independent Director 2020-09-01 1
SANCHI TANEJA Non-Executive - Independent Director 2023-07-18 1
ROHIT JAIN Non-Executive - Independent Director 2024-03-28 1
SHUBHAM JAIN Non-Executive - Independent Director 2025-12-03 1
Board Committees
CommitteeMembers
Audit Committee SANCHI TANEJA (Chairperson), MANJU OSWAL, ROHIT JAIN
Nomination and remuneration committee SANCHI TANEJA (Chairperson), MANJU OSWAL, ROHIT JAIN
Stakeholders Relationship Committee MANJU OSWAL (Chairperson), ADISH OSWAL, SANCHI TANEJA
Corporate Social Responsibility Committee ADISH OSWAL (Chairperson), MANJU OSWAL, SANCHI TANEJA

Charges & Borrowings of Vardhman Polytex Ltd

Open charges
₹384.44 Cr
Satisfied charges
₹2,079.78 Cr
Breakdown by lending institutions
Others₹360.00 Cr
Yes Bank Limited₹15.00 Cr
Centurion Bank of Punjab Ltd₹8.83 Cr
Canara Bank₹0.31 Cr
Icici Bank Ltd.₹0.30 Cr
Latest charge details
DateLenderAmountStatus
09 Apr 2026 Others ₹120 Cr Open
02 Apr 2026 Others ₹120 Cr Open
30 Mar 2026 Others ₹120 Cr Open
25 Oct 2016 Canara Bank ₹11.4 Lakh Open
19 Feb 2016 Canara Bank ₹19.75 Lakh Open

Total charge records: 88 View all charges

Employees and EPFO Compliance at Vardhman Polytex Ltd

Vardhman Polytex Ltd has a workforce of 1,847 employees as of Apr 05, 2024.

Employee count
1,847
Active EPFO establishments
4
Employee growth
-7.05%
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Employee and EPFO history for Vardhman Polytex Ltd

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GST Compliance of Vardhman Polytex Ltd

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Credit Ratings, Litigation & Regulatory Alerts for Vardhman Polytex Ltd

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MSME Payment Delays by Vardhman Polytex Ltd

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MSME payment history for Vardhman Polytex Ltd

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Subsidiaries & Group Companies of Vardhman Polytex Ltd

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MCA Filings & Documents of Vardhman Polytex Ltd

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Recent Activity on Vardhman Polytex Ltd

Charges
19 Jun 2026
A charge with Others of Rs. 120.00 Cr registered on 02 Apr 2026 with Charge ID 101280572 was modified on 19 Jun 2026.
Charges
22 Apr 2026
A charge with Others of Rs. 120.00 Cr registered on 30 Mar 2026 with Charge ID 101280567 was modified on 22 Apr 2026.
Charges
09 Apr 2026
A charge with Others amounted to Rs. 120.00 Cr with Charge ID 101280640 was registered on 09 Apr 2026.
Charges
07 Apr 2026
A charge registered on 16 Feb 2015 via Charge ID 10554885 with Others was fully satisfied on 07 Apr 2026.
Charges
07 Apr 2026
A charge registered on 27 Feb 2013 via Charge ID 10410967 with Others was fully satisfied on 07 Apr 2026.
Charges
07 Apr 2026
A charge registered on 20 Jul 2011 via Charge ID 10299161 with Others was fully satisfied on 07 Apr 2026.

Recent News on Vardhman Polytex Ltd

Board of Vardhman Polytex appoints Chairman
26 Dec 2018 · Business Standard

Frequently Asked Questions about Vardhman Polytex Ltd

Vardhman Polytex Ltd is an active public limited company in the manufacturing sector based in Ludhiana, Punjab, India. It was incorporated on 20 August 1980 (46+ years old) and is registered under CIN L17122PB1980PLC004242. Listed on BSE: 514175 and NSE: VARDMNPOLY. The company has 1,847 employees.

Vardhman Polytex Ltd reported revenue of ₹236.7 Cr for FY 2026 (down 16.94% YoY) based on standalone NSE filings.

The current directors of Vardhman Polytex Ltd are:

The primary industry of Vardhman Polytex Ltd is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.

Yes. Vardhman Polytex Ltd is listed on both BSE (code: 514175) and NSE (symbol: VARDMNPOLY).

Vardhman Polytex Ltd can be reached at the registered office: Vardhman Park Chandigarh Road Ludhiana – 141123, Punjab, India – 141123, or through the website vpl.in.

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