| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 301 | 281 | +7.2% |
| EBITDA | 131 | 121 | +8.6% |
| EBITDA margin | 43.5% | 42.9% | +0.6 pts |
| Profit before tax | 106 | 92.5 | +14.1% |
| Net profit | 80.6 | 70.3 | +14.7% |
| EPS | ₹3.32 | ₹2.89 | +14.9% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 11,834 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 537 | 537 | 726 | 604 | 611 | ||
| 11,297 | — | — | — | — | ||
| 1,456 | 1,435 | 1,386 | 1,365 | 1,326 | ||
| — | +3.5% | +1.6% | +2.9% | — | ||
| 639 | 628 | 643 | 657 | 658 | ||
| 43.9% | 43.8% | 46.4% | 48.1% | 49.6% | ||
| 467 | 459 | 490 | 525 | 560 | ||
| 386 | 376 | 388 | 415 | 423 | ||
| 26.5% | 26.2% | 28.0% | 30.4% | 31.9% | ||
| ₹15.88 | ₹15.46 | ₹15.99 | ₹17.06 | ₹17.41 | ||
| — | −3.3% | −6.3% | −2.0% | — | ||
| — | 481 | 389 | 478 | 459 | ||
| — | −12.3 | −3.1 | −4.0 | −4.6 | ||
| 469 | 469 | 385 | 474 | 454 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 11,833.9 | |
| - Cash, Equiv & ST Investments | 611.1 | 604.4 | 726.0 | 537.0 | 537.0 | |
| Enterprise Value | — | — | — | — | 11,296.8 | |
| Revenue | 1,326.0 | 1,364.9 | 1,386.5 | 1,435.5 | 1,455.7 | |
| Growth %, YoY | — | +2.9 | +1.6 | +3.5 | — | |
| EBITDA | 657.8 | 657.1 | 642.6 | 628.3 | 638.7 | |
| Margin % | 49.61 | 48.14 | 46.35 | 43.77 | 43.88 | |
| EBIT | 560.3 | 524.6 | 489.5 | 458.8 | 466.7 | |
| Net Income | 422.9 | 414.6 | 388.5 | 375.5 | 385.9 | |
| Margin % | 31.89 | 30.37 | 28.02 | 26.16 | 26.51 | |
| EPS, Adj (current shares) | 17.41 | 17.06 | 15.99 | 15.46 | 15.88 | |
| Growth %, YoY | — | -2.0 | -6.3 | -3.3 | — | |
| Cash from Operations | 459.1 | 478.2 | 388.6 | 481.4 | — | |
| Capital Expenditures | -4.6 | -4.0 | -3.1 | -12.3 | — | |
| Free Cash Flow | 454.5 | 474.2 | 385.5 | 469.1 | 469.1 | |
Prices at the previous close · figures from the company's filings with NSE
Vedant Fashions (NSE: MANYAVAR) had a market capitalisation of ₹11,834 crore at the previous close (₹487.05 a share), a PE ratio of 30.7 on the last four quarters' profit and a price-to-book ratio of 6.02. In FY26 its standalone net profit was ₹376 crore on revenue of ₹1,435 crore; in Q1 FY27 (April–June 2026) it was ₹80.6 crore, up 14.7% year on year. It had no borrowings on 31 March 2026. Promoters held 74.94% of the shares on 30 September 2026.
Vedant Fashions' PE ratio is 30.7 at the previous close (₹487.05 a share): a market capitalisation of ₹11,834 crore divided by standalone net profit of ₹386 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹376 crore) it is 31.5.
Vedant Fashions' price-to-book (PB) ratio is 6.02 at the previous close: a market capitalisation of ₹11,834 crore divided by shareholders' equity (book value) of ₹1,964 crore on 31 March 2026. That is a book value of ₹80.84 per share against a share price of ₹487.05.
Vedant Fashions' net worth — shareholders' equity in its standalone balance sheet — was ₹1,964 crore on 31 March 2026, up 10.0% from ₹1,786 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹11,834 crore at the previous close.
Vedant Fashions' market capitalisation was ₹11,834 crore at the previous close: 24.3 crore shares at ₹487.05 each.
Yes. Vedant Fashions had no borrowings on 31 March 2026 (standalone balance sheet), and it held ₹537 crore of cash, bank balances and current investments.
Vedant Fashions' basic earnings per share (EPS) were ₹15.46 in FY26, against ₹15.99 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹15.89.
Vedant Fashions' debt-to-equity ratio was 0.00 on 31 March 2026: no borrowings against total equity of ₹1,964 crore. A year earlier, on 31 March 2025, it was 0.00.
Vedant Fashions' dividend yield is 1.59% at the previous close: dividends of ₹7.75 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹487.05. They were ₹7.75 on 21 September 2026.
Promoters held 74.94% of Vedant Fashions on 30 September 2026, unchanged from the previous quarter and down 0.01 percentage points from 74.95% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Vedant Fashions' return on equity (ROE) was 20.0% and its return on capital employed (ROCE) was 19.0%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 23.0% and ROCE 21.9%.
Vedant Fashions' book value per share was ₹80.84 on 31 March 2026: shareholders' equity of ₹1,964 crore divided by the 24.3 crore shares in issue, up 9.9% from ₹73.53 a year earlier. The share price at the previous close was ₹487.05.
On 30 September 2026, Vedant Fashions' shares were held by promoters 74.94%, foreign portfolio investors (FII/FPI) 7.35%, domestic institutions (DII) 14.17% (including mutual funds at 12.08%) and retail and other non-institutional investors 3.53%. Over the year, FII holding was down 2.41 percentage points from 9.76% and DII holding was up 3.22 percentage points from 10.95%.
In 2026, Vedant Fashions has declared one dividend: ₹7.75 with record date 21 September 2026.
In FY26, Vedant Fashions generated ₹481 crore of cash from operations and spent ₹12.3 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹469 crore. In FY25 it was ₹385 crore.
Vedant Fashions will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
Vedant Fashions' latest results are for Q1 FY27 (April–June 2026), filed on 25 July 2026: standalone net profit ₹80.6 crore, up 14.7% from ₹70.3 crore in Q1 FY26; revenue from operations ₹301 crore, up 7.2% year on year.
In FY26 (April 2025–March 2026), Vedant Fashions' standalone net profit was ₹376 crore, down 3.3% from ₹388 crore in FY25, on revenue from operations of ₹1,435 crore (up 3.5%). Over three years, from FY23, net profit was down 11.2%.
In FY26, Vedant Fashions earned net profit of ₹376 crore on revenue of ₹1,435 crore, against ₹351 crore on ₹5,906 crore for Aditya Birla Fashion and Retail. Vedant Fashions' operating margin was 32.0% (Aditya Birla Fashion and Retail −5.3%) and its return on equity 20.0% (Aditya Birla Fashion and Retail −4.3%).
On FY26 standalone figures, against Aditya Birla Fashion and Retail, Medplus Health Services and MSTC: Vedant Fashions' operating margin of 32.0% is the second highest of the four (Aditya Birla Fashion and Retail −5.3%, Medplus Health Services 9.4%, MSTC 57.4%; peer average 20.5%); its return on equity of 20.0% is the second highest of the four (Aditya Birla Fashion and Retail −4.3%, Medplus Health Services 4.9%, MSTC 26.5%; peer average 9.0%); its revenue growth over three years of 2.7% a year is the third highest of the four (Aditya Birla Fashion and Retail −20.5% a year, Medplus Health Services 59.0% a year, MSTC 4.4% a year; peer average 14.3% a year).
From Vedant Fashions' own standalone results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Standalone figures from the company's filings with NSE; prices are NSE closing prices.