Virat Industries Limited - fashion and textile in Navsari, Gujarat, India. FY 2026 financials & compliance.
CIN L29199GJ1990PLC014514 Incorporated 14 October 1990 ROC Ahmedabad HQ Navsari, Gujarat, India
Active Listed - NSE: VIRAT · BSE: 530521 Public Limited Company fashion and textile MSME · Small
Data last updated
Market Cap
₹616 Cr
VIRAT · NSE
Share Price
₹414.20
-2.30% today
Revenue
₹26.79 Cr
FY 2025-26 · -15.3% YoY
EBITDA
₹0.95 Cr
Margin 3.5%
Net Profit
₹3.98 Cr
FY 2025-26 · +337.4% YoY
P/E (TTM)
97.9x
P/B 4.6x
ROE
5.1%
ROCE 7.5%
Debt / Equity
0.01
Interest cover 11.6x

About Virat Industries Limited

Data last updated:

Virat Industries Limited is a public limited company based in Navsari, Gujarat, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 14 October 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L29199GJ1990PLC014514. Its GSTIN is 24AAACV8098E1Z5 (Gujarat). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 530521 and NSE: VIRAT.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.52 Cr. It was formerly known as Oral Hygiene Pvt Ltd. It is led by directors including Adi Fredoon Madan (Managing Director) and Namrata Dudaney.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at A – 112 G I D C Industrial Estate Kabil Pore, Navsari, Gujarat, India – 396424.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹26.79 Cr, a decline of 15.3% compared to the previous year. For the same year it recorded a net profit of ₹3.98 Cr (net margin 14.9%) and EBITDA of ₹95 Lakh (EBITDA margin 3.5%). The net worth stands at ₹130.74 Cr (up 394.5% YoY). Total assets are valued at ₹131.5 Cr (up 381.9% YoY).

The company has about 151 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Lord Walker Socks and Virat Industries. As per MCA filings, the company has open charges of ₹5.6 Cr and satisfied charges of ₹6.76 Cr on record. Court records list 15 cases involving the company, including 6 filed by the company and 9 filed against it; 4 cases are pending. The company has 35 deals on record (35 market trades); the latest was in June 2025. Its 8 peer companies in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 3 smaller; the largest is Varma Knit Fab Private Limited with revenue of ₹38.1 Cr.

Virat Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-16-0000008). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website viratindustries.com.

Company details

CIN L29199GJ1990PLC014514
Registration Number 014514
Incorporation Date 14 October 1990
ROC Ahmedabad
Listing Status Listed - Listed on NSE (VIRAT); Listed on BSE (530521)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-16-0000008

Recognitions & Rankings of Virat Industries

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-16-0000008

Contact details

Virat Industries Limited's registered office is in Navsari, Gujarat. Its website is viratindustries.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A – 112 G I D C Industrial Estate Kabil Pore, Navsari, Gujarat, India – 396424
  • Industry
    Fashion and Textile, Innerwear

To see the full contact details of Virat Industries Limited, buy the company report.

Comprehensive company report
Virat Industries Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Virat Industries operates two associated brands: Lord Walker Socks and Virat Industries. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing and exporting of premium quality socks from India.lordwalkersocks.com
Casual socks and cotton dresses are contract-manufactured and distributed.viratindustries.com

Business activity

The main business activity of Virat Industries is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Virat Industries Limited, buy the company report.

Financials of Virat Industries Limited

FY 2025-26 filings available

Virat Industries Limited reported revenue of ₹26.79 Cr (down 15.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹26.79 Cr
-15.3% YoY
EBITDA
₹0.95 Cr
-22.8% YoY
Profit After Tax
₹3.98 Cr
+337.4% YoY
Net Worth
₹131 Cr
+394.5% YoY
Total Assets
₹132 Cr
+381.9% YoY
Total Debt
₹0.54 Cr
-14.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue26.7931.6332.4237.6824.6619.5626.38
Revenue growth-15.3%-2.4%-14.0%+52.8%+26.1%-25.9%-
EBITDA0.951.231.553.052.882.083.19
EBITDA margin+3.6%+3.9%+4.8%+8.1%+11.7%+10.6%+12.1%
Profit before tax6.661.221.042.171.730.922.01
Net profit3.980.910.691.611.360.781.49
Net profit margin+14.9%+2.9%+2.1%+4.3%+5.5%+4.0%+5.7%
EPS (₹)3.401.841.543.292.751.613.01
Balance sheet
Total assets13227.2926.6325.3324.2623.0123.31
Net worth13126.4425.6224.9923.8522.5321.71
Total debt0.540.630.790.160.240.321.43
Cash & bank1157.388.073.716.386.312.97
Net working capital12722.6020.8620.0018.0115.2913.61
Cash flow
Cash from operations2.54(0.82)5.22(1.72)0.054.201.47
Cash from investing(46.80)0.85(5.36)0.270.040.25(1.74)
Cash from financing99.74(0.28)0.52(0.66)(0.14)(1.20)0.88
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.465.105.857.248.617.736.3111.59
Revenue growth (YoY)+9.9%-34.0%-7.3%-37.5%+43.7%---
Other income1.441.911.491.811.070.320.060.50
Total expenses7.945.465.576.508.307.525.9811.36
EBITDA1.52(0.36)0.280.740.310.210.330.23
EBITDA margin+16.1%-7.1%+4.8%+10.2%+3.6%+2.7%+5.2%+2.0%
Depreciation0.100.090.120.130.180.290.200.20
Interest0.010.010.010.010.010.010.020.02
Profit before tax2.851.451.642.411.190.230.170.51
Tax0.710.390.450.590.290.060.040.13

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 31 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.465.105.857.248.617.736.3111.59
Revenue growth (YoY)+9.9%-34.0%-7.3%-37.5%+43.7%---
Other income1.441.911.491.811.070.320.060.50
Total expenses7.945.465.576.508.307.525.9811.36
EBITDA1.52(0.36)0.280.740.310.210.330.23
EBITDA margin+16.1%-7.1%+4.8%+10.2%+3.6%+2.7%+5.2%+2.0%
Depreciation0.100.090.120.130.180.290.200.20
Interest0.010.010.010.010.010.010.020.02
Profit before tax2.851.451.642.411.190.230.170.51
Tax0.710.390.450.590.290.060.040.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue26.7931.6332.4237.6824.6619.5626.38
Revenue growth-15.3%-2.4%-14.0%+52.8%+26.1%-25.9%-
Other income6.281.050.990.730.480.660.78
Total expenses25.8430.4030.8734.6321.7817.4823.19
Employee cost5.986.295.875.454.884.594.64
EBITDA0.951.231.553.052.882.083.19
EBITDA margin+3.6%+3.9%+4.8%+8.1%+11.7%+10.6%+12.1%
Depreciation0.520.991.451.541.601.761.91
Interest0.050.070.050.070.030.060.05
Profit before tax6.661.221.042.171.730.922.01
Tax1.730.310.270.560.370.130.52
Net profit3.980.910.691.611.360.781.49
Net profit margin+14.9%+2.9%+2.1%+4.3%+5.5%+4.0%+5.7%
EPS (₹)3.401.841.543.292.751.613.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital14.524.924.924.924.924.924.92
Reserves & surplus11621.5220.7020.0718.9317.6116.79
Shareholders' funds (net worth)13126.4425.6224.9923.8522.5321.71
Secured loans0.000.540.630.080.160.251.36
Unsecured loans0.540.090.160.080.080.070.07
Total debt0.540.630.790.160.240.321.43
Total liabilities13227.2926.6325.3324.2623.0123.31
Assets
Gross block25.6825.5825.5524.6524.3524.4824.91
Net block3.393.664.614.605.837.449.32
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories8.779.7310.0314.148.875.917.53
Sundry debtors3.925.424.734.713.854.183.60
Cash & bank balances1157.388.073.716.386.312.97
Loans & advances3.074.522.762.732.501.372.52
Total current assets13027.0525.5925.2921.6017.7716.62
Total current liabilities3.294.454.735.293.592.483.01
Net working capital12722.6020.8620.0018.0115.2913.61
Total assets13227.2926.6325.3324.2623.0123.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash2.332.582.204.314.371.110.50
Net cash from operating activities2.54(0.82)5.22(1.72)0.054.201.47
Net cash from investing activities(46.80)0.85(5.36)0.270.040.25(1.74)
Net cash from financing activities99.74(0.28)0.52(0.66)(0.14)(1.20)0.88
Net change in cash55.48(0.25)0.38(2.11)(0.06)3.260.61
Closing cash1157.388.073.716.386.312.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-15.3%-2.4%-14.0%+52.8%+26.1%-25.9%-
EBITDA growth-22.8%-20.7%-49.2%+5.9%+38.5%-34.8%-
PBT growth+445.9%+17.3%-52.1%+25.4%+88.0%-54.2%+91.4%
Net income growth+337.4%+31.9%-57.1%+18.4%+74.4%-47.7%-
Revenue CAGR (3Y)-10.8%+8.7%+18.3%+12.6%+0.7%-16.9%+0.9%
EBITDA CAGR (3Y)-32.2%-24.7%-9.3%-1.5%+0.2%-25.8%-13.3%
Profitability & leverage
Net income margin+18.4%+2.9%+2.4%+4.3%+5.5%+4.0%+5.7%
Return on capital employed+7.5%+4.8%+3.7%+9.1%+7.4%+4.2%+9.3%
Return on net worth+5.1%+3.5%+2.7%+6.6%+5.8%+3.6%+7.1%
Debt / equity0.010.030.020.010.010.040.05
Long-term debt / equity0.000.020.010.010.010.010.01
Interest cover11.6329.1750.004.642.3418.753.91
Efficiency & per share
Fixed asset turnover1.051.241.291.541.010.791.08
Inventory turnover2.903.202.683.283.342.913.89
Debtors turnover5.746.236.878.806.145.037.61
EPS (₹)3.401.841.543.292.751.613.01
Dividend per share (₹)0.000.000.000.001.000.000.00
Book value per share (₹)90.0253.7252.0550.7748.4645.7744.11

To see the full year-wise statements and ratios of Virat Industries Limited, buy the company report.

Board of directors of Virat Industries Limited

Virat Industries has 7 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Adi Fredoon MadanManaging Director01 Oct 201511 Years 0 MonthsCurrent
Namrata DudaneyDirector02 Sep 20251 Years 1 MonthsCurrent
Vijay Madhav SaneDirector02 Sep 20251 Years 1 MonthsCurrent
Bhavook TripathiDirector02 Sep 20251 Years 1 MonthsCurrent
Neha Govind TikamDirector02 Sep 20251 Years 1 MonthsCurrent
Vilas Sheshagiri PotdarDirector02 Sep 20251 Years 1 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Virat Industries Limited is compared with the 8 companies closest to it by revenue in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Varma Knit Fab Private Limited₹38.1 Cr (FY 2025)15.0%Salkia, West Bengal, India
Remmy Textiles Private Limited₹37.96 Cr (FY 2024)-32.0%Coimbatore, Tamil Nadu, India
Exodus Futura Knit Private Limited₹37.87 Cr (FY 2025)-13.0%Kolkata, West Bengal, India
New Horizon Knits Private Limited₹35.7 Cr (FY 2025)-10.0%Delhi, India
Mohamad Idris Bros Private Limited₹34.07 Cr (FY 2025)-8.0%5 Armenian St. Madras, Tamil Nadu, India
SN Jain Industries Private Limited₹31.08 Cr (FY 2024)43.0%Delhi, India
West Bengal Hosiery Industries Private Limited₹29.47 Cr (FY 2024)25.0%Howrah, West Bengal, India
Skipper Hosiery Private Limited₹28.77 Cr (FY 2025)6.0%Kolkata, West Bengal, India
Virat Industries Limitedthis company₹26.79 Cr (FY 2026)₹3.98 Cr14.9%-15.3%151Navsari, Gujarat, India

To see the full peer comparison of Virat Industries Limited, buy the company report.

Auditor

Virat Industries Limited is audited by B. K. Khare & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B. K. Khare & CoFY 2023105102W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 74.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.40%.

Promoters: 74.60%Retail & Others: 25.40%
Sep 2026
QUARTER
74.60% Promoters
25.40% Retail & Others
Promoter holding - history
Now 74.60% · Sep 2026High 74.60% · Dec 2025Low 74.60% · Dec 2025
73%73.8%74.5%75.3%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 74.60%Mar 2026: 74.60%Jun 2026: 74.60%Sep 2026: 74.60%74.60%74.60%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters74.60%74.60%74.60%74.60%
Public25.40%25.40%25.40%25.40%

Charges & borrowings

Open charges
₹5.6 Cr
Satisfied charges
₹6.76 Cr
Breakdown by lending institutions
Others₹5.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jul 2023100775868Others₹75 LakhOpen
26 Apr 2018100178051Others₹4.85 CrOpen
15 Feb 2020100326594Axis Bank Limited₹37.5 LakhSatisfied
12 Oct 200490107356Bank of Baroda₹2.85 CrSatisfied
08 Oct 200490107353Bank of Baroda₹5 LakhSatisfied

To see the full charge records of Virat Industries Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Virat Industries Limited has 35 deals on record (35 market trades); the latest was in June 2025.

Total deals
35
Market trades
35

Deals on record (5 of 35)

WhenDealAmountParties
Oct 2024Market trade₹1.87 CrBuyer: an individual
Seller: Multiplier Share and Stock Advisors Private Limited
Oct 2024Market trade₹3.98 CrBuyer: Multiplier Share and Stock Advisors Private Limited , an individual
Seller: H.M.Investments(Uk) Limited, Multiplier Share and Stock Advisors Private Limited
Apr 2023Market trade₹8.34 CrBuyer: Brahm Precision Materials Private Limited
Seller: H.M.Investments(Uk) Limited
Feb 2022Market trade₹29.4 LakhSeller: Alpha Leon Enterprises LLP
Feb 2022Market trade₹1.49 CrBuyer: Mangaldeep Infratech LLP , Alpha Leon Enterprises LLP
Seller: an individual

To see the full deal history of Virat Industries Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Virat Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Virat Industries Limited has a workforce of 151 employees on its EPFO records as of Sep 17, 2024, across 1 active EPFO establishment.

Employee count
151
Active EPFO establishments
1
Employee growth
1.34%

GST

Virat Industries has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AAACV8098E1Z5GujaratActive01 Jul 2017
27AAACV8098E1ZZMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Virat Industries Limited, buy the company report.

Recent activity

Virat Industries Limited has 37 board changes on record since 1994: 22 appointments and 15 cessations. The latest: Vaibhav Mandhana ceased to be Director on 04 Sep 2025.

Filing
Virat Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Virat Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Vaibhav Mandhana ceased to be Director.
Ceased
Dashrath Bhiku Pawaskar ceased to be Director.
Appointed
Bhavook Tripathi was appointed as Director.
Ceased
Chintamani Dattatraya Thatte ceased to be Director.
Appointed
Namrata Dudaney was appointed as Director.
Appointed
Neha Govind Tikam was appointed as Director.
Appointed
Vijay Madhav Sane was appointed as Director.
Appointed
Vilas Sheshagiri Potdar was appointed as Director.
Appointed
Supriya Anil Shete was appointed as Director.
Charges
A charge registered on 15 Feb 2020 via Charge ID 100326594 with Axis Bank Limited was fully satisfied on 03 Jul 2025.

44 earlier events are in the company report.

Frequently asked questions

Virat Industries is an active public limited company based in Navsari, Gujarat, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 14 October 1990 (36+ years old) and is registered under CIN L29199GJ1990PLC014514. Listed on BSE: 530521 and NSE: VIRAT.

Virat Industries reported revenue of ₹26.79 Cr for FY 2025-26 (down 15.3% YoY) based on standalone financials.

Virat Industries has 7 current directors:

The latest financial statements of Virat Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Virat Industries is 24AAACV8098E1Z5, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAACV8098E1ZZ (Maharashtra).

The CIN (Corporate Identification Number) of Virat Industries is L29199GJ1990PLC014514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Virat Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 530521) and NSE (symbol: VIRAT).

Virat Industries has 15 court cases on record: 6 filed by the company and 9 filed against it. 4 are pending. Most are in the district courts.

Virat Industries was incorporated on 14 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Virat Industries has 35 deals on record (35 market trades); the latest was in June 2025.

The peers of Virat Industries by revenue are Varma Knit Fab Private Limited, Remmy Textiles Private Limited, Exodus Futura Knit Private Limited, New Horizon Knits Private Limited, Mohamad Idris Bros Private Limited and 3 more, all in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products).