| Quarterly Financials | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 |
Revenue  | 315 | 201 | 179 | 209 | 396 | 307 | 332 | 257 | 451 | 355 | 327 | 233 | 490 | 387 | 261 | 287 |
| Expenses | 148 | 106 | 91 | 109 | 193 | 152 | 162 | 132 | 217 | 174 | 164 | 126 | 232 | 188 | 127 | 146 |
| EBITDA | 168 | 95 | 88 | 100 | 203 | 155 | 170 | 125 | 235 | 181 | 163 | 108 | 258 | 199 | 134 | 141 |
| Operating Profit % | 51 % | 45 % | 43 % | 46 % | 50 % | 49 % | 50 % | 47 % | 51 % | 49 % | 48 % | 43 % | 51 % | 48 % | 47 % | 46 % |
| Depreciation | 24 | 23 | 21 | 22 | 24 | 27 | 26 | 25 | 25 | 27 | 30 | 33 | 34 | 38 | 37 | 37 |
| Interest | 6 | 6 | 6 | 7 | 8 | 9 | 8 | 8 | 8 | 8 | 9 | 11 | 11 | 13 | 14 | 14 |
| Profit Before Tax | 138 | 66 | 61 | 71 | 171 | 120 | 136 | 93 | 202 | 145 | 124 | 65 | 212 | 148 | 83 | 90 |
| Tax | 35 | 18 | 16 | 18 | 43 | 31 | 35 | 24 | 52 | 37 | 32 | 16 | 54 | 32 | 21 | 23 |
| Net Profit | 103 | 48 | 45 | 53 | 128 | 89 | 101 | 69 | 150 | 109 | 92 | 49 | 158 | 116 | 63 | 67 |
| EPS in ₹ | 8.30 | 3.84 | 1.82 | 2.17 | 5.23 | 3.63 | 4.16 | 2.84 | 6.19 | 4.49 | 3.79 | 2.01 | 6.50 | 4.77 | 2.57 | 2.75 |
Vedant Fashions
Vedant Fashions
789.15
+34.65
(4.59%)
Market Cap
19,172.35 Cr
EPS
17.06
PE Ratio
45.55
Dividend Yield
1.13 %
Industry
Retail52 Week High
1,512.00
52 Week Low
706.30
PB Ratio
12.01
Debt to Equity
0.25
Sector
Speciality Retail
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from9 analysts
Company News
View All News
Vedant Fashions Reports 17.2% Revenue Growth in Q1 FY26 with Strong Retail Performance15 hours ago
Vedant Fashions Limited, the company behind Manyavar and other Indian wedding wear brands, reported revenue growth of 17.2% in Q1 FY26 compared to the same quarter last year. The company's retail sales grew by 23.2% and same-store sales growth reached 17.6%. Revenue from operations increased to INR 2,812 million from INR 2,398 million in Q1 FY25. The company maintained its gross margin at 66.9% and reported profit after tax growth of 12.4%, with PAT increasing to INR 703 million from INR 625 million. EBITDA grew by 5.9% to INR 1,214 million with an EBITDA margin of 43.2%. The company operates 684 exclusive brand outlets across 256 cities globally, including 14 international stores, with a total retail footprint of 1.78 million square feet. Vedant Fashions is positioned as the largest company in India's men's Indian wedding and celebration wear market by revenue, OPBDIT, and PAT.
Vedant Fashion reported Q1 consolidated net profit of 703 million rupees, up from 624.8 million rupees in the same period last year. The company's EBITDA increased to 1.2 billion rupees from 1.13 billion rupees year-over-year. However, EBITDA margin declined to 42.9% compared to 47% in the previous year.
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
5,043.50 | #1 1,79,290.10 | 122.74 | #1 17,353.20 | 37.02 | #1 1,534 | -56.24 | 31.30 | |
789.15 | #2 19,172.35 | #2 45.55 | #7 1,437.20 | #9 3.01 | #2 414 | #9 37.37 | 49.25 | |
74.65 | 9,109.29 | - | 7,354.73 | 13.55 | -583 | 91.18 | 42.27 | |
547.55 | 7,299.29 | 74.64 | 4,619.84 | 4.20 | 162 | 79.14 | 74.90 | |
1,955.70 | 6,764.60 | 92.99 | 1,172.20 | 38.62 | 28 | 51.53 | 57.82 | |
393.20 | 5,059.03 | 46.13 | 2,267.60 | 29.59 | 106 | 105.13 | 58.76 | |
838.60 | 4,529.19 | 48.00 | 190.70 | #1 59.45 | 18 | 51.91 | 33.94 | |
177.91 | 2,728.54 | 67.87 | 1,462.01 | 2.80 | 84 | #1 1,328.57 | 63.70 | |
1,097.00 | 2,660.15 | #1 29.24 | 5,699.90 | 17.92 | 77 | 102.50 | 63.46 | |
2,317.70 | 2,471.59 | 452.27 | 2.81 | 16.81 | 1 | 200.00 | 83.63 |
Forecast
Actual
Growth Rate
Revenue Growth
3.01 %
Net Income Growth
-3.47 %
Cash Flow Change
2.82 %
ROE
-15.63 %
ROCE
-19.11 %
EBITDA Margin (Avg.)
-0.65 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Total Assets | 939 | 1,319 | 1,592 | 1,626 | 1,770 | 2,166 | 2,509 |
| Fixed Assets | 316 | 437 | 507 | 459 | 515 | 520 | 663 |
| Current Assets | 583 | 743 | 932 | 975 | 1,034 | 1,338 | 1,392 |
| Capital Work in Progress | 1 | 3 | 0 | 0 | 0 | 2 | 0 |
| Investments | 138 | 194 | 401 | 536 | 512 | 787 | 959 |
| Other Assets | 483 | 684 | 684 | 631 | 743 | 856 | 886 |
| Total Liabilities | 939 | 1,319 | 1,592 | 1,626 | 1,770 | 2,166 | 2,509 |
| Current Liabilities | 148 | 193 | 232 | 260 | 343 | 397 | 373 |
| Non Current Liabilities | 86 | 243 | 294 | 275 | 344 | 370 | 534 |
| Total Equity | 705 | 883 | 1,066 | 1,091 | 1,083 | 1,400 | 1,602 |
| Reserve & Surplus | 682 | 858 | 1,041 | 1,067 | 1,059 | 1,376 | 1,578 |
| Share Capital | 23 | 25 | 25 | 25 | 24 | 24 | 24 |
Cash Flow
| Cash Flow | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Net Cash Flow | -4 | 1 | 7 | -2 | -3 | 6 | 12 |
| Investing Activities | -279 | -163 | -96 | -88 | 57 | -232 | -110 |
| Operating Activities | 52 | 177 | 243 | 253 | 351 | 470 | 483 |
| Financing Activities | 224 | -13 | -141 | -167 | -411 | -232 | -362 |
Share Holding
| % Holding | Sept 2021 | Feb 2022 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 92.50 % | 84.91 % | 84.91 % | 84.91 % | 84.91 % | 84.89 % | 84.88 % | 75.00 % | 74.99 % | 74.98 % | 74.97 % | 74.97 % | 74.96 % | 74.96 % | 74.95 % | 74.95 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 6.67 % | 0.00 % | 8.13 % | 9.04 % | 9.53 % | 10.55 % | 10.14 % | 9.89 % |
| DIIs | 0.00 % | 4.87 % | 8.36 % | 8.82 % | 9.30 % | 9.71 % | 9.88 % | 15.57 % | 14.89 % | 12.91 % | 12.64 % | 11.89 % | 11.57 % | 10.37 % | 10.59 % | 11.10 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 0.00 % | 1.94 % | 1.27 % | 1.41 % | 1.58 % | 1.58 % | 1.43 % | 2.18 % | 2.40 % | 2.44 % | 3.06 % | 2.96 % | 2.82 % | 2.97 % | 3.09 % | 3.00 % |
| Others | 7.50 % | 8.28 % | 5.47 % | 4.86 % | 4.21 % | 3.82 % | 3.81 % | 7.25 % | 1.04 % | 9.67 % | 1.19 % | 1.14 % | 1.12 % | 1.16 % | 1.23 % | 1.06 % |
| No of Share Holders | 0 | 7 | 93,696 | 61,220 | 51,892 | 57,587 | 63,439 | 68,261 | 74,737 | 74,379 | 92,083 | 83,644 | 75,719 | 71,971 | 73,545 | 75,621 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5 | 9 | 8.5 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.45 | 0.97 | 1.1 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 30 Jul 2025 |  Quarterly Result Announcement | NA | 30 Jul 2025 | 795.35 | 755.30 |
| 06 May 2025 | Quarterly Result Announcement | NA | 06 May 2025 | 791.40 | 790.15 |
| 30 Jan 2025 | Quarterly Result Announcement | NA | 30 Jan 2025 | 1,145.80 | 1,108.95 |
| 29 Oct 2024 | Quarterly Result Announcement | NA | 29 Oct 2024 | 1,315.90 | 1,250.85 |
| 30 Aug 2024 |  Annual General Meeting | NA | 30 Aug 2024 | 1,082.30 | 1,236.35 |
| 23 Aug 2024 |  Dividend | ₹ 8.50 /share | 23 Aug 2024 | 949.60 | 1,169.75 |
| 17 Aug 2023 | Dividend | ₹ 9.00 /share | 17 Aug 2023 | 1,256.20 | 1,258.90 |
| 02 Sept 2022 | Dividend | ₹ 5.00 /share | 30 Aug 2022 | 999.95 | 1,282.35 |
Announcements
Intimation Of Cut-Off Date For The Purpose Of E-Voting
12 hours ago
12 hours agoAnnouncement under Regulation 30 (LODR)-Allotment of ESOP / ESPS12 hours ago
12 hours agoConvening Of 23Rd Annual General Meeting (AGM)
On Thursday September 04 202512 hours ago
12 hours agoRecord Date For The Purpose Of Payment Of Dividend13 hours ago
13 hours agoAnnouncement under Regulation 30 (LODR)-Investor Presentation16 hours ago
16 hours agoResults - Financial Results For The Quarter Ended 30Th June 202518 hours ago
18 hours agoBoard Meeting Outcome for Outcome Of Board Meeting - Financial Results For The Quarter Ended 30Th June 202518 hours ago
18 hours agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation2 days ago
2 days agoIntimation Under Regulation 30 Regarding Receipt Of Compounding Order Under The Legal Metrology Act 20096 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation6 days ago
6 days agoBoard Meeting Intimation for Board Meeting Intimation For Consideration And Approval Of The Unaudited Financial Results Of The Company For The Quarter Ended June 30 2025.7 days ago
7 days agoIntimation Under Regulation 30 Regarding Compounding Under The Legal Metrology Act 2009Jul 17, 2025
Jul 17, 2025Announcement under Regulation 30 (LODR)-Credit RatingJul 15, 2025
Jul 15, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 11, 2025
Jul 11, 2025Intimation Under Regulation 30 Regarding Compounding Under The Legal Metrology Act 2009Jun 26, 2025
Jun 26, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJun 25, 2025
Jun 25, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJun 25, 2025
Jun 25, 2025Board Meeting Outcome for Outcome Of Board Meeting Dated 25Th June 2025Jun 25, 2025
Jun 25, 2025Closure of Trading WindowJun 23, 2025
Jun 23, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 16, 2025
Jun 16, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 12, 2025
Jun 12, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 10, 2025
Jun 10, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 06, 2025
Jun 06, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 02, 2025
Jun 02, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 30, 2025
May 30, 2025Announcement under Regulation 30 (LODR)-AllotmentMay 30, 2025
May 30, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 29, 2025
May 29, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 26, 2025
May 26, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 18, 2025
May 18, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 13, 2025
May 13, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 07, 2025
May 07, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 07, 2025
May 07, 2025Integrated Filing (Financial)May 06, 2025
May 06, 2025Announcement under Regulation 30 (LODR)-Investor PresentationMay 06, 2025
May 06, 2025Announcement under Regulation 30 (LODR)-Dividend UpdatesMay 06, 2025
May 06, 2025Results For The Quarter And Year Ended 31St March 2025May 06, 2025
May 06, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On 6Th May 2025May 06, 2025
May 06, 2025Announcement under Regulation 30 (LODR)-CessationMay 02, 2025
May 02, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationApr 30, 2025
Apr 30, 2025Board Meeting Intimation for Board Meeting Intimation For Financial Statements & Results For The Quarter & Year Ended 31St March 2025 & Recommend Final Dividend If Any Of Equity Shares Of The Company For The FY 2024-25Apr 29, 2025
Apr 29, 2025Board Meeting Outcome for Vedant Fashions Limited Has Informed The Exchange Regarding Outcome Of Board Meeting Held On April 10 2025.Apr 10, 2025
Apr 10, 2025Announcement under Regulation 30 (LODR)-Meeting UpdatesApr 10, 2025
Apr 10, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSMar 26, 2025
Mar 26, 2025Closure of Trading WindowMar 21, 2025
Mar 21, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 18, 2025
Mar 18, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 17, 2025
Mar 17, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 11, 2025
Mar 11, 2025Pursuant To Provisions Of Section 108 Read With Rule 20 Of The Companies (Management & Administration) Rules Scrutinizer ReportMar 10, 2025
Mar 10, 2025Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotMar 10, 2025
Mar 10, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 06, 2025
Mar 06, 2025Technical Indicators
RSI(14)
Neutral 49.25
ATR(14)
Volatile 22.63
STOCH(9,6)
Neutral 26.67
STOCH RSI(14)
Neutral 24.16
MACD(12,26)
Bearish -3.81
ADX(14)
Weak Trend 21.93
UO(9)
Bearish 48.70
ROC(12)
Downtrend But Slowing Down -0.87
WillR(14)
Neutral -46.72
Mutual Fund Holdings
Franklin India Small Cap Fund Direct-Growth 
ICICI Prudential Multi Asset Fund Direct-Growth 
Canara Robeco ELSS Tax Saver Direct- Growth 
Kotak Consumption Fund Direct - Growth 
LIC MF Large Cap Fund Direct-Growth 
SBI Long Term Advantage Fund Series V Direct - Growth 
Edelweiss Multi Cap Fund Direct - Growth 
Navi Flexi Cap Fund Direct - Growth 
Bandhan Midcap Fund Direct-Growth 
Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth 
HDFC Nifty Smallcap 250 Index Fund Direct-Growth About Vedant Fashions
Vedant Fashions Ltd, incorporated in 2002, is India's largest manufacturer of Indian wedding and ethnic wear. The company markets its products under brands including Manyavar, Mohey, Mebaz, Twamev, and Manthan. It offers a wide range of products for men, women, and children, including sherwanis, indo-western outfits, kurtas, lehengas, sarees, and accessories. As of March 2023, the company operates 649 Exclusive Brand Outlets (EBOs) globally, covering 1.47 million square feet across 257 cities and towns. Vedant Fashions has a presence in India and international markets including the United States, Canada, UAE, and the UK.
Listing Date
16 Feb, 2022(3 Years,
15 days)
Chairperson NameRAVI MODI
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