Vedant Fashions FY26: ₹14,355 Mn Revenue, ₹7.75 Dividend

7 min read     Updated on 08 May 2026, 05:58 PM
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Vedant Fashions reported a 3.5% year-on-year increase in revenue from operations to ₹14,355 million for FY26, while net profit stood at ₹3,755 million. The board recommended a final dividend of ₹7.75 per share. The company expanded its retail footprint to 669 EBOs and recorded positive same-store sales growth.

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Vedant Fashions Limited's Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2026. The statutory auditors, M/s B S R & Co. LLP, issued an audit report with an unmodified opinion. Additionally, the board recommended a final dividend of ₹7.75 per fully paid-up equity share of ₹1 each for FY26, subject to shareholder approval. The company has also released its investor presentation for May 2026, detailing operational highlights and strategic initiatives.

FY26 Financial Performance

Vedant Fashions reported revenue from operations of ₹14,355 million for the full year ended March 31, 2026, compared to ₹13,865 million in the previous year. Total income, including other income of ₹935 million, stood at ₹15,290 million. The company's net profit for FY26 came in at ₹3,755 million against ₹3,885 million in FY25. The following table summarises the key financial metrics:

Metric: FY26 (Audited) FY25 (Audited)
Revenue from Operations: ₹14,355 Mn ₹13,865 Mn
Other Income: ₹935 Mn ₹852 Mn
Total Income: ₹15,290 Mn ₹14,716 Mn
Total Expenses: ₹10,331 Mn ₹9,521 Mn
Profit Before Tax: ₹4,959 Mn ₹5,195 Mn
Total Tax Expense: ₹1,204 Mn ₹1,310 Mn
Net Profit: ₹3,755 Mn ₹3,885 Mn
Basic EPS (INR per share): ₹15.46 ₹15.99

Q4FY26 Quarterly Snapshot

For the quarter ended March 31, 2026, the company reported revenue from operations of ₹3,994 million, compared to ₹3,674 million in the same quarter of the previous year. Quarterly net profit stood at ₹1,143 million versus ₹1,011 million in Q4FY25. On the operational front, Q4FY26 EBITDA came in at 1.79B rupees compared to 1.66B rupees in Q4FY25, while EBITDA margin expanded to 45.6% from 45.1% in the year-ago period. The table below presents the quarterly performance comparison:

Metric: Q4FY26 (Unaudited) Q4FY25 (Unaudited)
Revenue from Operations: ₹3,994 Mn ₹3,674 Mn
Total Income: ₹4,258 Mn ₹3,895 Mn
EBITDA: 1.79B Rupees 1.66B Rupees
EBITDA Margin: 45.6% 45.1%
Net Profit: ₹1,143 Mn ₹1,011 Mn
Basic EPS (INR per share): ₹4.71 ₹4.16

Operational Highlights and Expansion

The company reported a retail footprint of 1.79 million sq. ft. as of FY26, comprising 669 Exclusive Brand Outlets (EBOs) across 252 cities and towns globally, including 17 international EBOs. During Q4 FY26, the company added a net of 5 EBOs and expanded its EBO area by 4.2k sq. ft. Vedant Fashions recorded Same Store Sales Growth (SSSG) of +4.6% in Q4 FY26 over Q4 FY25 and +2.7% in FY26 over FY25. The company operates through a diversified brand portfolio including Manyavar, Mohey, Twamev, Diwas, and Mebaz, catering to various segments of the Indian wedding and celebration wear market.

Balance Sheet and Cash Flow

As at March 31, 2026, Vedant Fashions reported total assets of ₹28,527 million, up from ₹27,466 million as at March 31, 2025. Total equity stood at ₹19,643 million. For the year ended March 31, 2026, the company generated net cash from operating activities of ₹4,814 million. Net cash used in investing activities was ₹(1,020) million, while net cash used in financing activities amounted to ₹(3,856) million. Cash and cash equivalents at the end of the year stood at ₹111 million.

Corporate Notes

The board has recommended a final dividend of ₹7.75 per equity share for FY26, subject to shareholder approval at the ensuing AGM. The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The company operates in a single reportable segment — Branded Fashion Apparel and Accessories. The investor presentation is available on the company's website.

Source: Company/INE825V01034/f86d7d37-d863-4230-819a-f8194e64336a.pdf

Historical Stock Returns for Vedant Fashions

1 Day5 Days1 Month6 Months1 Year5 Years
-1.61%-6.13%-7.86%-31.69%-43.05%-55.50%

Given the consistent margin compression across gross, EBITDA, and PAT levels in FY26, what strategic initiatives is Vedant Fashions likely to pursue in FY27 to reverse this profitability trend?

With net EBO area rollout slowing to just 4.2k sq. ft. in FY26, will the company accelerate its international expansion in markets like the USA and UAE to drive future revenue growth?

As SSSG of +2.7% for FY26 remains modest, how might Vedant Fashions leverage digital channels or product diversification to meaningfully boost same-store sales performance going forward?

Vedant Fashions Submits Quarterly Compliance Certificate for March 2026 Quarter

1 min read     Updated on 08 Apr 2026, 04:56 AM
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Vedant Fashions Limited filed its Certificate under Regulation 74(5) with NSE and BSE for the quarter ended March 31, 2026, confirming compliance with SEBI depository regulations. The certificate, issued by RTA KFin Technologies Limited and submitted by Company Secretary Navin Pareek on April 07, 2026, verifies proper reporting of dematerialization and rematerialization activities to all relevant stock exchanges and depositories.

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Vedant fashions Limited has submitted its mandatory quarterly compliance certificate to stock exchanges, confirming adherence to regulatory requirements for share transfer operations during the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed its Certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, with both the National Stock Exchange of India Limited and BSE Limited on April 07, 2026. The submission was made by Company Secretary and Compliance Officer Navin Pareek.

Filing Details: Information
Certificate Date: April 01, 2026
Filing Date: April 07, 2026
Quarter Ended: March 31, 2026
Regulation: SEBI Regulation 74(5)
Filed By: Navin Pareek, Company Secretary

Registrar and Transfer Agent Certification

KFin Technologies Limited, serving as the Registrar and Share Transfer Agent (RTA) for Vedant Fashions Limited, issued the compliance certificate dated April 01, 2026. The certificate was signed by Ganesh Chandra Patro, Deputy Vice President at KFin Technologies Limited.

The RTA certified that details of securities dematerialized and rematerialized during the quarter ended March 31, 2026, have been furnished to all stock exchanges where the company's shares are listed, as required under the SEBI regulations.

Depository Communication

The compliance certificate was simultaneously submitted to both major depositories in India:

  • National Securities Depository Limited (NSDL) - Trade World, Lower Parel, Mumbai
  • Central Depository Services (India) Limited (CDSL) - Marathon Futurex, Lower Parel, Mumbai

Both depositories received identical certificates confirming the company's compliance with dematerialization and rematerialization reporting requirements for the specified quarter.

Corporate Information

Vedant Fashions Limited operates under the Manyavar brand and maintains its registered office at 19 Canal South Road, Paridhan Garment Park, Beliaghata, Kolkata. The company's shares are actively traded on major Indian stock exchanges, necessitating regular compliance with depository regulations.

This quarterly filing demonstrates the company's commitment to maintaining transparent share transfer operations and adhering to regulatory frameworks governing securities depositories in India.

Historical Stock Returns for Vedant Fashions

1 Day5 Days1 Month6 Months1 Year5 Years
-1.61%-6.13%-7.86%-31.69%-43.05%-55.50%

How might Vedant Fashions' share transfer compliance impact investor confidence and trading volumes in the upcoming quarters?

What strategic business developments could Vedant Fashions announce following this routine compliance milestone?

Will KFin Technologies Limited's role as RTA influence Vedant Fashions' future corporate actions or shareholder services?

More News on Vedant Fashions

1 Year Returns:-43.05%