VTM Ltd (VTMLTD) · mywealthgrid

About

VTM Ltd manufactures Other Textile Products within Consumer Discretionary. Revenue grew from ₹46 Cr (Jun 2023) to ₹109 Cr (Mar 2025)—a 2.3× expansion over two years. Despite growth, the stock has declined 48.76% over the past year and trades at ₹46.94 with a market cap of ₹472 Cr.

Face value: ₹1

Market cap

₹384 Cr

P/E

8.5×

P/B

1.2×

Dividend yield

2.6%

ROE

3.6%

ROCE

6%

Debt / equity

0.24

OPM

4.4%

EPS (TTM)

₹4.5

Book value

₹31.3

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Operating margin has swung from 6.48% (Mar 2024) to 25.91% (Dec 2024)—verify what drives this volatility and whether recent margins are repeatable
Stock fell 48.76% YoY while revenue nearly doubled, suggesting valuation reset or unresolved profitability concerns—clarify the disconnect
ROE is n/a and EPS ranges ₹0–₹4.52 across quarters—verify capital efficiency and earnings stability
Textile sector is cyclical and competitive—verify competitive positioning and demand durability

Generated analysis · source review pending

Growth drivers

Revenue expanded 2.3× in two years (₹46–51 Cr in 2023 to ₹104–109 Cr in 2025)—verify whether growth reflects volume, pricing, or product-mix changes
Operating margins recovered to 25.91% (Dec 2024) and 16.98% (Mar 2025) from 6.48% lows—verify whether this improvement is structural or cyclical
Net profit more than tripled from ₹3.53 Cr (Mar 2024) to ₹12.17 Cr (Mar 2025)—verify sustainability of profit growth

Generated analysis · source review pending

2,174 historical price candles were omitted because the exchange source has not been verified.

₹38.2-4.5%1Y

Quick read

rule-based

Pros

+Revenue CAGR of 21.1% over the last 5 years
+Comfortable interest coverage of 11×
+Dividend yield of 2.6%
+High promoter holding of 75% with no pledge

Cons

−Low return on equity of 9% (3-yr avg)
−Thin operating margin of 4.4%

Research score

Structured signal from quality, growth, valuation and momentum.

69/100

Business quality: 33
Growth: 77
Valuation: 98

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
K.p.r. Mill LimitedKPRMILLKPRMILL	₹36,607 Cr	₹37,203 Cr	₹6,820 Cr	₹1,332 Cr	19.1%	₹912 Cr	13%	21.4%	16.2%	181
Welspun Living LimitedWELSPUNLIVWELSPUNLIV	₹22,941 Cr	₹24,744 Cr	₹9,934 Cr	₹884 Cr	8.4%	₹278 Cr	2.3%	6.6%	4.2%	108
Vardhman Textiles LimitedVTLVTL	₹15,322 Cr	₹17,177 Cr	₹10,186 Cr	₹1,387 Cr	12.6%	₹848 Cr	7.6%	8.6%	7.3%	259
Trident LimitedTRIDENTTRIDENT	₹11,293 Cr	₹13,061 Cr	₹6,781 Cr	₹877 Cr	13%	₹395 Cr	5.6%	10.6%	8%	103
Indo Count Industries LimitedICILICIL	₹8,789 Cr	₹9,862 Cr	₹4,390 Cr	₹424 Cr	9.5%	₹151 Cr	3.1%	10%	5.5%	215
Garware Technical Fibres LimitedGARFIBRESGARFIBRES	₹7,630 Cr	₹7,671 Cr	₹1,644 Cr	₹306 Cr	18.6%	₹190 Cr	13%	21.6%	15.3%	172
Kusumgar LimitedKUSUMGARKUSUMGAR	₹6,222 Cr	₹6,445 Cr	₹692 Cr	₹188 Cr	27.2%	₹98 Cr	14.2%	43.8%	35.2%	—
Filatex India LimitedFILATEXFILATEX	₹4,712 Cr	₹4,840 Cr	₹4,256 Cr	₹346 Cr	8.3%	₹191 Cr	4.4%	17.4%	12.9%	-4
Jindal Worldwide LimitedJINDWORLDJINDWORLD	₹4,594 Cr	₹5,152 Cr	₹2,300 Cr	₹124 Cr	5.9%	₹80 Cr	3.1%	13.5%	7.9%	112
Sanathan Textiles LimitedSANATHANSANATHAN	₹4,257 Cr	₹5,744 Cr	₹4,401 Cr	₹323 Cr	7.5%	₹61 Cr	2%	6.9%	4.2%	-25
Raymond Lifestyle LimitedRAYMONDLSLRAYMONDLSL	₹3,823 Cr	₹5,023 Cr	₹6,973 Cr	₹671 Cr	9.6%	₹43 Cr	0.7%	4%	0.5%	102
Alok Industries LimitedALOKINDSALOKINDS	₹3,505 Cr	₹29,610 Cr	₹3,775 Cr	₹66 Cr	0.8%	₹-711 Cr	-20%	-4%	—	93

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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
	152	146	165	160	161	143	194	209	208	345	372
COGS	—	—	-121	-109	-109	97	133	—	—	—	254
Gross profit	—	—	—	—	—	45	61	—	—	—	118
	140	137	272	253	253	29	38	192	182	278	102
Operating profit (EBITDA)	12	9	13	15	16	16	23	17	26	67	16
OPM %	8.1%	6.5%	8%	9.4%	10.2%	11.5%	12%	8.2%	12.5%	19.4%	4.4%
Depreciation	5	7	—	7	8	8	9	10	9	9	—
Interest	0	—	1	1	1	1	1	1	1	2	2
	5	16	5	7	9	5	5	6	7	5	3
Profit before tax	14	12	12	14	16	12	18	12	23	61	—
Tax	5	2	4	4	4	3	3	3	5	15	4
Tax %	32.6%	16.2%	35.4%	27.1%	26.2%	20.7%	17.6%	25.8%	22%	25%	—
	9	10	8	10	12	10	15	9	18	45	11
PAT margin %	6.1%	6.9%	4.7%	6.4%	7.5%	6.9%	7.7%	4.4%	8.8%	13.2%	3%
EPS (₹)	2.3	2.5	2	2.5	3	2.4	3.7	2.3	4.6	8.3	1.1
EPS adjusted (₹)	—	—	—	—	—	1	1.5	—	1.8	4.5	1.1
	32.3%	30%	38.5%	35.4%	29.8%	24.7%	24.3%	30.8%	16.5%	12.1%	—
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	Annual report for Mar 2026

₹ Cr	Mar 2021	Mar 2022	Mar 2024	Mar 2025	Mar 2026
Equity capital	4	4	4	4	10
Reserves	215	230	259	302	305
Minority interest	—	0	—	—	—
	10	6	4	41	75
	20	24	32	35	58
Total equity & liabilities	249	264	298	383	448
	99	97	97	107	122
CWIP	3	0	1	2	1
Investments	85	90	88	67	72
	62	78	113	206	254
Total assets	249	264	298	383	448

₹ Cr	Mar 2021	Mar 2022	Mar 2024	Mar 2025	Mar 2026
	11	7	-12	-38	1
	-9	-1	16	8	-23
	-1	-7	-5	31	22
Net cash flow	1	-1	-2	2	0
Free cash flow	-3	3	—	—	—
CFO / Operating profit %	69.3%	30.7%	-47.9%	-56.1%	8%

Compounded sales growth

7 years: 13%
5 years: 21%
3 years: 21%
1 year: 8%

Compounded profit growth

7 years: 1%
5 years: 3%
3 years: 7%
1 year: -75%

Return on equity

7 years: —
5 years: 7%
3 years: 8%
Last year: 4%

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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 %	—	—	31.7%	31.4%	—	—	—	31.8%
EBITDA margin %	9.4%	10.2%	11.5%	12%	8.2%	12.5%	19.4%	4.4%
EBIT margin %	5.1%	5.5%	6.1%	7.2%	3.5%	8.2%	16.7%	4.4%
PAT margin %	6.4%	7.5%	6.9%	7.7%	4.4%	8.8%	13.2%	3%
Working capital
Receivable days	—	—	44	31	—	44	78	50
Inventory days	—	—	91	116	—	117	126	219
Payable days	—	—	6	25	—	—	—	—
NWC days	—	—	128	122	—	—	—	—
Leverage
Current ratio	—	—	10.18	9.15	—	6.75	3.5	2.35
Debt to EBITDA	—	—	0.6	0.27	—	0.14	0.61	4.57
Debt to equity	—	—	0.04	0.03	—	0.01	0.13	0.24
Interest coverage	14.3	15.9	15.5	18.2	16	26	34.6	11
Asset turnover	—	—	0.57	0.73	—	0.7	0.9	0.83
Return ratios
Return on assets %	—	—	3.9%	5.6%	—	6.1%	11.9%	2.5%
Return on capital employed %	—	—	5.6%	7.8%	—	8.9%	20.9%	6%
Return on equity %	—	—	4.5%	6.4%	—	7%	14.8%	3.6%

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
	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0.45%	1.31%	1.31%	1.31%	1.75%	1.71%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	25%	25%	25%	25%	25%	25%	24.55%	23.69%	23.69%	23.69%	23.25%	23.29%
No. of shareholders	—	—	—	—	—	—	—	—	7,043	6,996	6,842	6,976

Promoter holding up 0 percentage points since Sep 2023.

2 deals · 12 Nov 2024 – 11 Feb 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
11 Feb 2025	ANIL KUMAR GOEL	Bulk	BSE	Sell	2,52,000	₹198.85	₹5.01 Cr
12 Nov 2024	DEESHA LEASECON PVT LTD	Bulk	BSE	Sell	2,17,246	₹88.51	₹1.92 Cr

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Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. K.THIAGARAJANExecutive Director-Chairperson-MD
Mrs. UMA KANNANNon-Executive - Non Independent Director
Mr. RM. SOMASUNDARAMNon-Executive - Non Independent Director
Mr. C.R. VENKATESHNon-Executive - Independent Director
Mr. M.ANBUKANINon-Executive - Independent Director
Mr. T.N.RAMANATHANNon-Executive - Independent Director
Mr. L.SEVUGANNon-Executive - Independent Director
Mr. V. KASINATHANNon-Executive - Non Independent Director
Mr. GANESH ANANTHAKRISHNANNon-Executive - Independent Director
Mr. P Senthil KumarChief Financial 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.

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 VTM Ltd. 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

30

Investor Presentation and earnings call

2

Jun 2026Transcript AI SummaryPPTREC
Jan 2026Transcript AI SummaryPPTREC

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

Loading documents…

Events

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

20

Final dividend20 Jun 2025 · ex-date₹0.75
Interim dividend10 Jan 2025 · ex-date₹0.25
Final dividend11 Jul 2024 · ex-date₹0.75
Final dividend22 Jun 2023 · ex-date₹0.7
Dividend dividend16 Jun 2022 · ex-date₹0.9
Dividend dividend10 Jun 2021 · ex-date₹0.6
Interim dividend25 Feb 2020 · ex-date₹0.9
Dividend dividend3 Jun 2019 · ex-date₹0.9
Dividend dividend11 Jun 2018 · ex-date₹0.75
Dividend dividend8 Jun 2017 · ex-date₹0.75
Interim dividend17 Mar 2016 · ex-date₹0.75
Dividend dividend3 Jun 2015 · ex-date₹0.63
Final dividend10 Jun 2014 · ex-date₹0.7
Interim dividend26 Feb 2013 · ex-date₹0.7
Dividend dividend30 May 2012 · ex-date₹4
Final dividend19 May 2011 · ex-date₹2.7
Interim dividend19 Jan 2011 · ex-date₹2.7
Dividend dividend8 Jun 2010 · ex-date₹3.2
Dividend dividend29 May 2009 · ex-date₹2
Dividend dividend28 May 2008 · ex-date₹1

1

Board meeting to consider results12 Aug 2026

1

Face value ₹10 → ₹116 Aug 2012 · ex-date

1–3 of 4

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

49 announcementsExport CSV

30 Sept 2026, 2:20 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

13 Aug 2026, 6:00 pmCompany Update

Revised Press Release Of The Financial Results For The Quarter Ended 30Th June 2026

General PDF

7 Aug 2026, 6:48 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

3 Aug 2026, 6:21 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

3 Aug 2026, 6:16 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

1 Aug 2026, 10:40 amAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

17 Jul 2026, 5:53 pmCompany Update

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 PDF

10 Jul 2026, 11:03 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

Date	Category	Subject	Filing
30 Sept 2026, 2:20 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
13 Aug 2026, 6:00 pm	Company Update General	Revised Press Release Of The Financial Results For The Quarter Ended 30Th June 2026	PDF
7 Aug 2026, 6:48 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
3 Aug 2026, 6:21 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
3 Aug 2026, 6:16 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
1 Aug 2026, 10:40 am	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
17 Jul 2026, 5:53 pm	Company Update Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	PDF
10 Jul 2026, 11:03 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF

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VTM Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

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

Investor Presentation and earnings call

Events

Dividends20

Board meetings1

Stock splits1

Announcements

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

No fund holdings on record

Announcements

Annual reports

Investor Presentation and earnings call

Dividends20

Board meetings1

Stock splits1

20

1

1

20

1

1