Visagar Polytex Limited (VIVIDHA)

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Visagar Polytex Limited (VIVIDHA) · mywealthgrid

About

Visagar Polytex Limited operates in Garments & Apparels within the Consumer Discretionary sector.

Face value: ₹1

Market cap

₹15 Cr

P/E

—

P/B

—

Dividend yield

ROE

-427.8%

ROCE

-17.6%

Debt / equity

—

OPM

-575%

EPS (TTM)

₹-0.0

Book value

₹-0.0

52-week high

—

52-week low

—

2,528 historical price candles were omitted because the exchange source has not been verified.

₹0.5-3.8%1Y

Quick read

rule-based

Pros

No positive flags triggered.

Cons

−Low return on equity of -219.8% (3-yr avg)
−Revenue shrank over the last 5 years (-52.2% a year)
−Weak interest coverage of -2.7×
−Low promoter holding of 5.6%

Research score

Structured signal from quality, growth, valuation and momentum.

50/100

Business quality: 0
Growth: 50
Valuation: 100

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Page Industries LimitedPAGEINDPAGEIND	₹41,059 Cr	₹41,071 Cr	₹5,351 Cr	₹1,147 Cr	22%	₹756 Cr	14.6%	65.7%	52.5%	138
Arvind LimitedARVINDARVIND	₹13,997 Cr	₹15,438 Cr	₹9,798 Cr	₹1,067 Cr	10.8%	₹414 Cr	4.6%	16.2%	10.6%	73
Pearl Global Industries LimitedPGILPGIL	₹5,835 Cr	₹6,522 Cr	₹5,325 Cr	₹515 Cr	9.2%	₹310 Cr	5.4%	24.9%	21.2%	55
Gokaldas Exports LimitedGOKEXGOKEX	₹5,049 Cr	₹6,026 Cr	₹4,185 Cr	₹371 Cr	8.9%	₹103 Cr	2.5%	9.9%	4.7%	155
Lux Industries LimitedLUXINDLUXIND	₹3,287 Cr	₹3,867 Cr	₹2,933 Cr	₹187 Cr	6.1%	₹102 Cr	3.6%	10%	5.8%	263
Kewal Kiran Clothing LimitedKKCLKKCL	₹2,930 Cr	₹2,978 Cr	₹1,258 Cr	₹250 Cr	19.6%	₹148 Cr	12.6%	18.9%	16.1%	201
Sbc Exports LimitedSBCSBC	₹2,788 Cr	₹3,015 Cr	₹452 Cr	₹41 Cr	8.3%	₹40 Cr	6.3%	44.4%	37.2%	143
S. P. Apparels LimitedSPALSPAL	₹2,348 Cr	₹2,749 Cr	₹1,576 Cr	₹226 Cr	13.8%	₹105 Cr	6.4%	18.9%	11.2%	156
Kitex Garments LimitedKITEXKITEX	₹2,328 Cr	₹3,527 Cr	₹629 Cr	₹4 Cr	4.3%	₹-50 Cr	-2%	1.4%	-1.3%	173
Cantabil Retail India LimitedCANTABILCANTABIL	₹1,878 Cr	₹1,878 Cr	₹873 Cr	₹275 Cr	31%	₹97 Cr	11.2%	19.6%	22%	337
Dollar Industries LimitedDOLLARDOLLAR	₹1,543 Cr	₹1,820 Cr	₹1,887 Cr	₹205 Cr	10.6%	₹112 Cr	5.7%	17.1%	11.9%	236
Monte Carlo Fashions LimitedMONTECARLOMONTECARLO	₹1,082 Cr	₹1,411 Cr	₹1,286 Cr	₹220 Cr	17.8%	₹105 Cr	8.8%	17.5%	12.9%	384

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	103	81	82	54	10	5	4	1	8	0	0
COGS	-93	-71	-76	0	7	4	2	1	16	0	0
Gross profit	—	—	—	—	3	1	1	0	-7	—	0
	195	149	154	51	1	0	1	0	7	1	1
	1	3	4	2	3	1	1	-0	-15	-1	-1
OPM %	1.1%	3.8%	5%	4.3%	26.3%	11.4%	21.6%	-26.6%	-176.6%	—	-575%
Depreciation	—	—	—	—	1	1	1	1	1	1	1
Interest	1	1	1	1	0	0	1	1	1	1	0
	—	—	—	0	-16	0	0	0	0	0	0
Profit before tax	0	2	2	0	-14	0	-1	-1	-16	-2	-2
Tax	—	—	—	—	0	0	0	0	0	-0	-0
Tax %	—	—	—	—	0%	0%	0%	0%	0%	-6.7%	-4.9%
	0	1	1	0	-14	0	-1	-1	-16	-2	-2
PAT margin %	0.1%	1.7%	1.7%	0.3%	-141.1%	0.8%	-16%	-177.2%	-189.2%	—	—
EPS (₹)	0	—	—	0	-0.5	0	-0	-0.1	-0.5	-0.1	-0.1
EPS adjusted (₹)	—	—	—	—	-0.5	0	-0	-0.1	-0.5	-0.1	-0.1
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	34.3%	19.3%	41.9%	30.4%	-90.5%	—	25%
EBITDA margin %	4.3%	26.3%	11.4%	21.6%	-26.6%	-176.6%	—	-575%
EBIT margin %	4.3%	19%	-1.9%	2.2%	-108.9%	-184.7%	—	-991.7%
PAT margin %	0.3%	-141.1%	0.8%	-16%	-177.2%	-189.2%	—	-1,283.3%
Working capital
Receivable days	—	—	1,348	1,189	4,967	139	—	2,707
Inventory days	—	—	955	1,948	7,081	46	—	7,665
Payable days	—	—	467	134	199	0	—	41
NWC days	—	—	1,836	3,004	11,849	185	—	10,332
Leverage
Current ratio	—	—	3.78	20.72	35.38	79.63	-21.67	32.67
Debt to EBITDA	—	—	17.24	10.51	—	—	—	—
Debt to equity	—	—	0.5	0.44	0.46	2.33	5.62	-15.34
Interest coverage	1.8	6.5	1.2	0.1	-1	-21.8	-2.6	-2.7
Asset turnover	—	—	0.14	0.12	0.03	0.88	0	0.02
Return ratios
Return on assets %	—	—	0.1%	-2%	-5.1%	-165.7%	-22.8%	-25.6%
Return on capital employed %	—	—	0.8%	0.3%	-2.6%	-82.5%	-15.3%	-17.6%
Return on equity %	—	—	0.2%	-3.1%	-7.6%	-556.6%	-146.9%	375.6%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	5.63%	5.63%	5.63%	5.63%	5.63%	5.63%	5.63%	5.63%	5.63%	5.63%	5.63%	5.63%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	94.37%	94.37%	94.37%	94.37%	94.37%	94.37%	94.37%	94.37%	94.37%	94.37%	94.37%	94.37%
No. of shareholders	—	—	—	—	—	—	—	—	1,43,758	1,41,330	1,39,700	1,39,700

Promoter holding up 0 percentage points since Sep 2023.

127 deals · 2 Aug 2021 – 1 Jul 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
1 Jul 2024	POPAT UKHARDU CHAUDHARI	Bulk	NSE	Sell	19,68,776	₹1.12	₹0.22 Cr
1 Jul 2024	AJAY PITAMBAR CHOUDHARY	Bulk	NSE	Sell	18,31,832	₹1.08	₹0.20 Cr
1 Jul 2024	AJAY PITAMBAR CHOUDHARY	Bulk	NSE	Buy	3,24,075	₹1.07	₹0.03 Cr
16 Jan 2024	SETU SECURITIES PVT LTD	Bulk	NSE	Buy	14,90,000	₹1.65	₹0.25 Cr
12 Jan 2024	VIBRANT SECURITIES PVT. LTD	Bulk	NSE	Sell	1,01,39,285	₹1.95	₹1.98 Cr
12 Jan 2024	VIBRANT SECURITIES PVT. LTD	Bulk	NSE	Buy	80,89,575	₹1.94	₹1.57 Cr
12 Jan 2024	TOPGAIN FINANCE PRIVATE LIMITED	Bulk	NSE	Sell	60,00,000	₹1.82	₹1.09 Cr
12 Jan 2024	TOPGAIN FINANCE PRIVATE LIMITED	Bulk	NSE	Buy	60,00,000	₹1.76	₹1.06 Cr
12 Jan 2024	ACHINTYA SECURITIES PRIVATE LIMITED	Bulk	NSE	Sell	36,06,749	₹1.82	₹0.66 Cr
12 Jan 2024	ACHINTYA SECURITIES PRIVATE LIMITED	Bulk	NSE	Buy	35,76,056	₹1.89	₹0.68 Cr

1–10 of 127

1 / 13

Mr. Tilokchand manaklal kothariExecutive Director-Chairperson-MD
Mr. Vikramjit Singh GillExecutive Director
Mr. Sachin MehtaChief Financial Officer
Mr. Kaushal YadavNon-Executive - Independent Director
Ms. Madhubala VaishnavNon-Executive - Independent Director
Mr. Kuldeep KumarNon-Executive - Independent Director
Mr. Vikasjeet SinghNon-Executive - Non Independent Director
Mrs. Neelam RajCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Visagar Polytex Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

12 announcementsExport CSV

30 Sept 2026, 6:08 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

29 Sept 2026, 2:45 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

16 Sept 2026, 3:27 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

8 Sept 2026, 10:52 pmCompany Update

Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

Appointment of Statutory Auditor/s PDF

8 Sept 2026, 9:12 pmCorp. Action

Intimation Of Book Closure For Annual General Meeting

Book Closure PDF

8 Sept 2026, 9:03 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

8 Sept 2026, 8:58 pmAGM/EGM

Notice Of Annual General Meeting

AGM PDF

8 Sept 2026, 3:05 pmCompany Update

Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors

Resignation of Statutory Auditors PDF

Date	Category	Subject	Filing
30 Sept 2026, 6:08 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
29 Sept 2026, 2:45 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	34.3%	19.3%	41.9%	30.4%	-90.5%	—	25%
EBITDA margin %	4.3%	26.3%	11.4%	21.6%	-26.6%	-176.6%	—	-575%
EBIT margin %	4.3%	19%	-1.9%	2.2%	-108.9%	-184.7%	—	-991.7%
PAT margin %	0.3%	-141.1%	0.8%	-16%	-177.2%	-189.2%	—	-1,283.3%
Working capital
Receivable days	—	—	1,348	1,189	4,967	139	—	2,707
Inventory days	—	—	955	1,948	7,081	46	—	7,665
Payable days	—	—	467	134	199	0	—	41
NWC days	—	—	1,836	3,004	11,849	185	—	10,332
Leverage
Current ratio	—	—	3.78	20.72	35.38	79.63	-21.67	32.67
Debt to EBITDA	—	—	17.24	10.51	—	—	—	—
Debt to equity	—	—	0.5	0.44	0.46	2.33	5.62	-15.34
Interest coverage	1.8	6.5	1.2	0.1	-1	-21.8	-2.6	-2.7
Asset turnover	—	—	0.14	0.12	0.03	0.88	0	0.02
Return ratios
Return on assets %	—	—	0.1%	-2%	-5.1%	-165.7%	-22.8%	-25.6%
Return on capital employed %	—	—	0.8%	0.3%	-2.6%	-82.5%	-15.3%	-17.6%
Return on equity %	—	—	0.2%	-3.1%	-7.6%	-556.6%	-146.9%	375.6%

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	29	29	29	29	29	29	29
Reserves	—	-10	-11	-11	-26	-28	-30
Minority interest	—	1	1	—	—	—	—
	—	9	8	8	7	6	6
	—	6	1	1	0	-0	0
Total equity & liabilities	—	35	29	27	9	6	6
	6	5	4	4	3	2	2
CWIP	—	—	—	—	0	0	0
Investments	—	0	0	0	0	0	0
	—	30	25	24	7	5	4
Total assets	—	35	29	27	9	7	6

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-0	0	-0	1	1	0
	-0	-0	0	1	-0	0
	0	-0	0	-2	-1	0
Net cash flow	-0	-0	-0	0	0	0
Free cash flow	-0	0	-0	1	1	0
CFO / Operating profit %	-10.9%	23.4%	—	—	—	—

Compounded sales growth

7 years: -58%
5 years: -52%
3 years: -47%
1 year: —

Return on equity

7 years: —
5 years: -143%
3 years: -237%
Last year: -147%

Visagar Polytex Limited

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Announcements

Not in the F&O segment

Ratio timeline

No fund holdings on record

Dividends10

Board meetings1

Stock splits1

Announcements

Annual reports

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Return on equity

10

1

1