NSE: MANYAVAR
Vedant Fashions Ltd Share Price
Company information and financial fundamentals for Vedant Fashions Ltd, alongside its latest NSE share price.
About Vedant Fashions Ltd
Vedant Fashions Limited caters to the Indian celebration wear market with a diverse portfolio of brands. The company offers its customers a one-stop destination for every celebratory occasion and the largest men's Indian wedding and celebration wear by revenue.VFL commands a dominant position in conventionally unorganized market segment.[1]
Classification: Consumer Discretionary › Consumer Services › Retailing › Speciality Retail · NSE symbol: MANYAVAR
Company fundamentals
Figures are as reported by the company and compiled by screener.in (fetched 2026-11-03); they may lag the latest filing. Educational information, not investment advice.
Quarterly results (₹ crore)
| Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 325 | 247 | 441 | 342 | 312 | 218 | 474 | 363 | 240 | 268 |
| Expenses | 162 | 131 | 217 | 174 | 163 | 125 | 232 | 188 | 127 | 146 |
| Operating Profit | 163 | 115 | 224 | 168 | 148 | 93 | 242 | 175 | 113 | 122 |
| OPM % | 50% | 47% | 51% | 49% | 48% | 43% | 51% | 48% | 47% | 46% |
| Other Income | 7 | 10 | 10 | 13 | 15 | 15 | 15 | 24 | 21 | 19 |
| Interest | 8 | 8 | 7 | 8 | 9 | 11 | 11 | 13 | 14 | 14 |
| Depreciation | 26 | 25 | 25 | 27 | 30 | 32 | 34 | 38 | 37 | 37 |
| Profit before tax | 136 | 93 | 202 | 145 | 124 | 65 | 212 | 148 | 83 | 90 |
| Tax % | 26% | 25% | 26% | 25% | 26% | 25% | 26% | 22% | 25% | 26% |
| Net Profit | 101 | 69 | 150 | 109 | 92 | 49 | 158 | 116 | 62 | 67 |
| EPS in Rs | 4.16 | 2.84 | 6.19 | 4.48 | 3.79 | 2.01 | 6.49 | 4.77 | 2.57 | 2.75 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — |
Profit and loss, yearly (₹ crore)
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 758 | 801 | 916 | 565 | 1,041 | 1,355 | 1,368 | 1,345 |
| Expenses | 526 | 527 | 522 | 322 | 545 | 684 | 709 | 694 |
| Operating Profit | 232 | 274 | 394 | 243 | 496 | 671 | 658 | 652 |
| OPM % | 31% | 34% | 43% | 43% | 48% | 50% | 48% | 48% |
| Other Income | 11 | 19 | 32 | 60 | 50 | 40 | 70 | 80 |
| Interest | 6 | 4 | 26 | 26 | 28 | 31 | 44 | 52 |
| Depreciation | 10 | 9 | 89 | 96 | 94 | 104 | 135 | 147 |
| Profit before tax | 226 | 280 | 312 | 182 | 423 | 576 | 548 | 533 |
| Tax % | 35% | 35% | 24% | 27% | 26% | 25% | 24% | — |
| Net Profit | 148 | 182 | 237 | 133 | 315 | 429 | 414 | 403 |
| EPS in Rs | 5.91 | 7.27 | 9.45 | 5.36 | 12.98 | 17.67 | 17.05 | 16.58 |
| Dividend Payout % | 0% | 0% | 21% | 0% | 39% | 51% | 50% | — |
Compounded growth
Balance sheet (₹ crore)
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 25 | 25 | 25 | 24 | 24 | 24 | 24 |
| Reserves | 682 | 863 | 1,041 | 1,067 | 1,058 | 1,376 | 1,578 | 1,503 |
| Borrowings | 13 | 0 | 316 | 292 | 279 | 293 | 444 | 463 |
| Other Liabilities | 221 | 257 | 209 | 241 | 407 | 472 | 462 | 472 |
| Total Liabilities | 939 | 1,146 | 1,591 | 1,624 | 1,768 | 2,165 | 2,508 | 2,463 |
| Fixed Assets | 316 | 253 | 507 | 459 | 515 | 520 | 663 | 677 |
| CWIP | 1 | 2 | 0 | 0 | 0 | 2 | 0 | 0 |
| Investments | 138 | 194 | 401 | 536 | 512 | 787 | 959 | 765 |
| Other Assets | 483 | 696 | 683 | 629 | 741 | 856 | 886 | 1,020 |
| Total Assets | 939 | 1,146 | 1,591 | 1,624 | 1,768 | 2,165 | 2,508 | 2,463 |
Cash flows (₹ crore)
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 52 | 177 | 243 | 253 | 351 | 470 | 483 |
| Cash from Investing Activity | -279 | -163 | -96 | -88 | 56 | -232 | -110 |
| Cash from Financing Activity | 224 | -13 | -141 | -166 | -410 | -232 | -362 |
| Net Cash Flow | -3 | 1 | 7 | -2 | -3 | 6 | 12 |
| Free Cash Flow | -94 | 169 | 225 | 268 | 362 | 475 | 484 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 54% | 99% | 81% | 118% | 93% | 92% | 93% |
Efficiency ratios
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 152 | 152 | 148 | 233 | 139 | 128 | 151 |
| Inventory Days | 140 | 158 | 186 | 271 | 209 | 190 | 139 |
| Days Payable | 68 | 105 | 78 | 134 | 107 | 94 | 89 |
| Cash Conversion Cycle | 225 | 205 | 257 | 371 | 242 | 224 | 200 |
| Working Capital Days | 141 | 120 | 129 | 163 | 96 | 84 | 105 |
| ROCE % | — | 34% | 29% | 15% | 32% | 39% | 31% |
Shareholding pattern (%)
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.97% | 74.97% | 74.95% | 74.95% | 74.95% | 74.94% | 74.94% | 74.94% | 74.94% | 74.94% |
| FIIs | 9.04% | 9.53% | 10.54% | 10.14% | 9.88% | 9.76% | 9.29% | 8.28% | 7.95% | 7.35% |
| DIIs | 11.89% | 11.57% | 10.38% | 10.59% | 11.10% | 10.95% | 12.00% | 12.62% | 13.19% | 14.17% |
| Public | 4.09% | 3.93% | 4.13% | 4.31% | 4.07% | 4.35% | 3.77% | 4.14% | 3.92% | 3.52% |
| No. of Shareholders | 83,644 | 75,719 | 71,971 | 73,545 | 75,621 | 80,698 | 81,852 | 84,119 | 83,016 | 80,960 |
Exchange disclosures
Next results date
Vedant Fashions Ltd has a board meeting for financial results listed on 2026-11-05. Companies can reschedule; check the company's own announcement. Results calendar
Shown as filed with NSE. A filing shows that something happened, not why, and says nothing about what to do.
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Frequently asked questions
What is the NSE symbol for Vedant Fashions Ltd?
Vedant Fashions Ltd trades on the NSE under the symbol MANYAVAR.
Where is Vedant Fashions Ltd listed?
Vedant Fashions Ltd is listed on the National Stock Exchange of India (NSE) under the symbol MANYAVAR. It is not part of the NIFTY 50 or NIFTY 500 lists this site tracks.
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