VEDANT FASHIONS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 937.6 INR | +1.28% |
|
+2.10% | -26.05% |
| Apr. 26 | Tata's Trent to outshine Indian peers as low-priced apparel attract young buyers | RE |
| Mar. 19 | Vedant Fashions Limited Receives Notice from the Department of Legal Metrology, Lucknow, U.P | CI |
Valuation
| Fiscal Period: March | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 234,682 | 276,563 | 227,703 | - | - |
| Enterprise Value (EV) 1 | 234,682 | 270,286 | 218,786 | 216,853 | 214,422 |
| P/E ratio | 75 x | 64.4 x | 55.6 x | 47.4 x | 38.9 x |
| Yield | 0.52% | 0.79% | 0.91% | 1.07% | 1.3% |
| Capitalization / Revenue | 22.5 x | 20.4 x | 16.6 x | 14.4 x | 12.2 x |
| EV / Revenue | 22.5 x | 19.9 x | 16 x | 13.7 x | 11.5 x |
| EV / EBITDA | 47.3 x | 40.3 x | 32.9 x | 27.7 x | 22.7 x |
| EV / FCF | 67.3 x | 58.1 x | 46.5 x | 40.6 x | 35.2 x |
| FCF Yield | 1.49% | 1.72% | 2.15% | 2.47% | 2.84% |
| Price to Book | 21.7 x | 19.8 x | 13.8 x | 11.6 x | 9.59 x |
| Nbr of stocks (in thousands) | 242,703 | 242,780 | 242,870 | - | - |
| Reference price 2 | 967.0 | 1,139 | 937.6 | 937.6 | 937.6 |
| Announcement Date | 5/9/22 | 4/28/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 10,408 | 13,549 | 13,711 | 15,801 | 18,725 |
| EBITDA 1 | - | 4,959 | 6,708 | 6,641 | 7,835 | 9,464 |
| EBIT 1 | - | 4,015 | 5,671 | 5,340 | 6,240 | 7,603 |
| Operating Margin | - | 38.58% | 41.85% | 38.95% | 39.49% | 40.6% |
| Earnings before Tax (EBT) 1 | - | 4,230 | 5,758 | 5,510 | 6,363 | 7,765 |
| Net income 1 | 1,329 | 3,149 | 4,291 | 4,113 | 4,758 | 5,806 |
| Net margin | - | 30.26% | 31.67% | 30% | 30.11% | 31% |
| EPS 2 | 10.71 | 12.90 | 17.68 | 16.88 | 19.78 | 24.09 |
| Free Cash Flow 1 | - | 3,488 | 4,653 | 4,704 | 5,346 | 6,087 |
| FCF margin | - | 33.51% | 34.34% | 34.31% | 33.83% | 32.51% |
| FCF Conversion (EBITDA) | - | 70.33% | 69.37% | 70.83% | 68.23% | 64.32% |
| FCF Conversion (Net income) | - | 110.75% | 108.44% | 114.37% | 112.35% | 104.84% |
| Dividend per Share 2 | - | 5.000 | 9.000 | 8.552 | 10.05 | 12.14 |
| Announcement Date | 7/13/21 | 5/9/22 | 4/28/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 2,963 | 3,250 | 2,469 | 4,414 | 3,416 | 3,116 | 2,227 | 4,715 | 3,564 |
| EBITDA 1 | - | 1,440 | 1,631 | 1,154 | 2,245 | 1,679 | 1,482 | 951.4 | 2,295 | 1,752 |
| EBIT 1 | - | - | 1,366 | 905.4 | 1,994 | 1,405 | 1,182 | 744 | 2,108 | - |
| Operating Margin | - | - | 42.05% | 36.67% | 45.18% | 41.11% | 37.95% | 33.41% | 44.71% | - |
| Earnings before Tax (EBT) 1 | - | - | 1,359 | 925.2 | 2,019 | 1,454 | 1,238 | 747 | 2,100 | 1,510 |
| Net income 1 | - | - | 1,009 | 690.2 | 1,504 | 1,089 | 919.4 | 542 | 1,508 | 1,101 |
| Net margin | - | - | 31.04% | 27.95% | 34.06% | 31.87% | 29.51% | 24.34% | 31.98% | 30.9% |
| EPS 2 | 5.110 | - | 4.160 | 2.840 | 6.190 | 4.490 | 3.790 | 2.500 | 6.600 | 5.300 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 4/11/22 | 5/9/22 | 8/8/22 | 11/11/22 | 1/28/23 | 4/28/23 | 7/26/23 | - | - | - |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | - | - | 6,277 | 8,917 | 10,849 | 13,281 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | - | 3,488 | 4,653 | 4,704 | 5,346 | 6,087 |
| ROE (net income / shareholders' equity) | - | 29% | 34.6% | 26.9% | 27% | 27.5% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - |
| Book Value Per Share 2 | - | 44.60 | 57.70 | 67.90 | 80.90 | 97.80 |
| Cash Flow per Share | - | - | - | - | - | - |
| Capex 1 | - | 22.6 | 44.8 | 87.7 | 85.4 | 97.4 |
| Capex / Sales | - | 0.22% | 0.33% | 0.64% | 0.54% | 0.52% |
| Announcement Date | 7/13/21 | 5/9/22 | 4/28/23 | - | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
937.6
INR
Average target price
1,187
INR
Spread / Average Target
+26.61%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -26.05% | 2.73B | |
| +14.99% | 151B | |
| +18.29% | 80.65B | |
| -3.45% | 44.8B | |
| -15.30% | 44.23B | |
| +1.89% | 26.43B | |
| -5.29% | 11.76B | |
| +8.80% | 9.19B | |
| +2.10% | 7.97B | |
| -3.95% | 7.13B |
- Stock Market
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- MANYAVAR Stock
- Financials Vedant Fashions Limited
