Vardhman Textiles Limited - Company Profile

It is a manufacturing public limited company based in Ludhiana, Punjab, India, established in 1973.
1973 Ludhiana, Punjab, India Active
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About Vardhman Textiles Limited

Vardhman Textiles Limited, a active public limited company, was established on 08 October 1973 in Ludhiana, Punjab, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L17111PB1973PLC003345. Registered under ROC Roc Chandigarh. it is listed on BSE: 502986 and NSE: VTL. It has an authorized capital of ₹177.00 Cr and a paid-up capital of ₹57.85 Cr.

Formerly known as Mahavir Spg. Mills Ltd. It upholds a compliant status. In 2023, it reported revenue of ₹10,033.59 Cr and a net worth of ₹8,294.00 Cr. Employing 9,799 professional, Its leadership includes Neeraj Jain (Whole-Time Director), Soumya Jain (Director), Harpreet Kang (Director). Past directors included Suresh Kishinchand Khatanhar, Prafulbhai Anubhai Shah, Neeraj Jain. It holds ₹3,780.00 Cr open charges and ₹8,966.46 Cr settled loans. Its latest AGM occurred on 24 September 2025, with the balance sheet filed on 31 March 2025. It is based at Chandigarh Road, Ludhiana, Ludhiana, Punjab, 141010.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L17111PB1973PLC003345

  • Registration Number

    003345

  • Incorporation Date

    08 October 1973

  • Authorized Capital

    ₹177.00 Cr

  • Paid-Up Capital

    ₹57.85 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Listed (BSE: 502986, NSE: VTL)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 177.00 Cr
  • Paid Up Capital ₹ 57.85 Cr
  • Company Age 52 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 3,780.00 Cr
  • Satisfied Charges ₹ 8,966.46 Cr
  • Revenue Growth **** 2.68%
  • Profit Growth **** -55.34%
  • Ebitda **** -43.19%
  • Net Worth 10.01%
  • Total Assets **** 2.69%
Company report

Vardhman Textiles Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Vardhman Textiles Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Vardhman Textiles Limited?
Current Directors
Name Designation Appointment Date Status
Neeraj Jain Whole-Time Director 31 Mar 2010 Current
Soumya Jain Director 03 May 2025 Current
Harpreet Kang Director 06 Feb 2019 Current
Sanjay Gupta Nodal Officer 03 Sep 2019 Current
Sagrika Jain Whole-Time Director 06 Aug 2022 Current
Arvind Sahay Director 03 May 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 28 Nov 2016 Past
Pramod Abcsdd Director 19 Sep 2024 Past
Pramod Abcsdd Managing Director 07 Aug 2014 Past
Pramod Abcsdd Additional Director 24 Jun 2025 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past

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Financial Performance of Vardhman Textiles.

Vardhman Textiles Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.68% increase. The company also saw a substantial fall in profitability, with a 55.34% decrease in profit. The company's net worth Soared by an impressive increase of 10.01%.

Vardhman Textiles revenue growth over time
Vardhman Textiles profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 2.68%
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Revenue from Operations
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 4.84%
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*******
Total Assets
*******
 2.69%
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Profit or Loss
*******
 -55.34%
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*******
*******
*******
Net Worth
*******
 10.01%
*******
*******
*******
*******
EBITDA
*******
 -43.19%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Vardhman Textiles?

In 2023, Vardhman Textiles had a promoter holding of 63.84% and a public holding of 36.17%. The company had 2 Subsidiaries and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹37,800,000,000.00

Satisfied Charges

₹89,664,628,370.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 2150.00 Cr
  • Others : 1350.00 Cr
  • Hdfc Bank Limited : 280.00 Cr
Latest Charge Details
Date Lender Amount Status
26 Sep 2025 Others ₹350.00 Cr Open
17 Dec 2024 Others ₹250.00 Cr Open
06 Dec 2024 Others ₹600.00 Cr Open
27 Aug 2021 Hdfc Bank Limited ₹280.00 Cr Open
10 Jul 2021 Others ₹150.00 Cr Open

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How Many Employees Work at Vardhman Textiles?

Vardhman Textiles has a workforce of 9799 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vardhman Textiles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vardhman Textiles's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Vardhman Textiles
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others amounted to Rs. 350.00 Cr with Charge ID 101166697 was registered on 26 Sep 2025. was documented.

  • Annual General Meeting

    Progress on Vardhman Textiles Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records. was documented.

  • Charges

    Progress on A charge registered on 04 May 2019 via Charge ID 100260901 with Hdfc Bank Limited was fully satisfied on 02 Aug 2025. was documented.

  • Charges

    A charge with Others of Rs. 250.00 Cr registered on 17 Dec 2024 with Charge ID 101022886 was modified on 09 Jul 2025. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 600.00 Cr registered on 06 Dec 2024 with Charge ID 101017628 was modified on 09 Jul 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 05 Sep 2020 via Charge ID 100373348 with Hdfc Bank Limited was fully satisfied on 09 Jul 2025. was documented.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Vardhman Textiles Limited?

The CIN of Vardhman Textiles Limited is L17111PB1973PLC003345.

Where is Vardhman Textiles Limited headquartered?

Vardhman Textiles Limited is headquartered at Chandigarh Road, Ludhiana, Ludhiana, Punjab, 141010.

When was Vardhman Textiles Limited incorporated?

Vardhman Textiles Limited was incorporated on 08 October 1973.

Who are the current directors of Vardhman Textiles Limited?

The current directors of Vardhman Textiles Limited are

What is the primary industry of Vardhman Textiles Limited?

The primary industry of Vardhman Textiles Limited is Manufacturing.

Is Vardhman Textiles Limited a listed company?

Vardhman Textiles Limited is listed. It is listed on BSE: 502986 and NSE: VTL.

What is the capital structure of Vardhman Textiles Limited?

The authorized capital of Vardhman Textiles Limited is ₹177.00 Cr, and the paid-up capital is ₹57.85 Cr.

What is the compliance status of Vardhman Textiles Limited?

The compliance status of Vardhman Textiles Limited is Compliant.

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