Vardhman Textiles Limited Company Logo

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
Last Updated:

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 (Additional 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 19 September 2024, with the balance sheet filed on 31 March 2024. It is based at Chandigarh Road, Ludhiana, Ludhiana, Punjab, 141010.

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 Indicators

  • Authorised Capital ₹ 177.00 Cr
  • Paid Up Capital ₹ 57.85 Cr
  • Company Age 52 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • 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

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

NameDesignationAppointment DateStatus
Neeraj JainWhole-Time Director31 Mar 2010Current
Soumya JainAdditional Director03 May 2025Current
Harpreet KangDirector06 Feb 2019Current
Sagrika JainWhole-Time Director06 Aug 2022Current
Arvind SahayDirector03 May 2025Current
Shri Paul OswalManaging Director08 Oct 1973Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddNominee Director28 Nov 2016Past
Pramod AbcsddDirector19 Sep 2024Past
Pramod AbcsddManaging Director07 Aug 2014Past
Pramod AbcsddAdditional Director30 Sep 2019Past
Pramod AbcsddAdditional Director30 Sep 2022Past
Pramod AbcsddDirector22 Sep 2017Past

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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
  • 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
2.68%
Revenue from Operations
4.84%
Total Assets
2.69%
Profit or Loss
-55.34%
Net Worth
10.01%
EBITDA
-43.19%

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 Indicator graph

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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

DateLenderAmountStatus
26 Sep 2025Others₹350.00 CrOpen
17 Dec 2024Others₹250.00 CrOpen
06 Dec 2024Others₹600.00 CrOpen
27 Aug 2021Hdfc Bank Limited₹280.00 CrOpen
10 Jul 2021Others₹150.00 CrOpen

Explore comprehensive loan charge details -

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 growth trends for Vardhman Textiles Limited

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.

Latest Updates, News, and FAQs on Vardhman Textiles

Recent Activity within the Organization

  • Charges

    A charge with Others amounted to Rs. 350.00 Cr with Charge ID 101166697 was registered on 26 Sep 2025. was recorded as a recent event.

  • 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

    The activity 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 completed.

  • 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

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

  • Director Appointment

    Progress on Soumya Jain was appointed as a Additional Director was appointed as a Additional Director on 03 May 2025 & has been associated with this company since 7 months 7 days . was documented.

Recent News, Updates & Announcement

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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