About
Vedant Fashions Limited manufactures, trades, and sells wedding and celebration wear in India Nepal, the United States, Canada, the United Arab Emirates, the United Kingdom, and internationally. The company offers kurta sets, indo-western, sherwani sets, jackets, accessories, jodhpuris suits, and short kurtas for men; lehengas, sarees, stitched suits, crop top lehengas, gowns, and accessories for women; and kurta sets, jacket sets, indo-western outfits, child infant, child accessories, girls' ghagra choli, girls' gowns, and girls' frock for children. It provides its products under the Manyavar, Mohey, Twamev, Diwas, and Mebaz brands through franchised stores, multi-brand outlets, large format stores, and e-commerce. Vedant Fashions Limited was founded in 1999 and is headquartered in Kolkata, India.
Key Metrics
as of Sep 2026Market Cap14,406 Cr
P/E35.80
Div Yield1.35 %
Book Value₹62.90
52w High₹779.00
52w Low₹329.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 301.00 | 399.00 | 492.00 | 263.00 | 281.00 | 367.00 | 511.00 | 268.00 | 240.00 | 363.00 | 474.00 | 218.00 | 311.00 |
| Expenses | 170.00 | 221.00 | 274.00 | 152.00 | 161.00 | 202.00 | 269.00 | 146.00 | 127.00 | 188.00 | 232.00 | 125.00 | 163.00 |
| Operating Profit | 131.00 | 179.00 | 218.00 | 111.00 | 121.00 | 166.00 | 242.00 | 122.00 | 113.00 | 175.00 | 242.00 | 93.00 | 148.00 |
| OPM % | 43.00 | 45.00 | 44.00 | 42.00 | 43.00 | 45.00 | 47.00 | 46.00 | 47.00 | 48.00 | 51.00 | 43.00 | 48.00 |
| Other Income | 30.00 | 26.00 | 21.00 | 20.00 | 26.00 | 22.00 | 22.00 | 19.00 | 21.00 | 24.00 | 15.00 | 15.00 | 15.00 |
| Depreciation | 42.00 | 44.00 | 44.00 | 42.00 | 40.00 | 39.00 | 39.00 | 37.00 | 37.00 | 38.00 | 34.00 | 32.00 | 29.00 |
| Interest | 13.00 | 13.00 | 14.00 | 15.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 13.00 | 11.00 | 11.00 | 9.00 |
| Profit before tax | 106.00 | 148.00 | 181.00 | 74.00 | 93.00 | 135.00 | 212.00 | 90.00 | 83.00 | 148.00 | 212.00 | 65.00 | 124.00 |
| Tax % | 24.00 | 23.00 | 26.00 | 24.00 | 24.00 | 25.00 | 25.00 | 26.00 | 25.00 | 22.00 | 26.00 | 25.00 | 26.00 |
| Net Profit | 81.00 | 114.00 | 135.00 | 56.00 | 70.00 | 101.00 | 158.00 | 67.00 | 62.00 | 116.00 | 158.00 | 49.00 | 92.00 |
| EPS in Rs | 3.32 | 4.70 | 5.55 | 2.31 | 2.89 | 4.16 | 6.50 | 2.75 | 2.57 | 4.77 | 6.49 | 2.02 | 3.80 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,435.00 | 1,386.00 | 1,368.00 | 1,326.00 | 1,009.00 | 542.00 | 915.00 | 794.00 | 760.00 | 596.00 | 504.00 |
| Expenses | 807.00 | 744.00 | 709.00 | 668.00 | 528.00 | 307.00 | 517.00 | 521.00 | 526.00 | 423.00 | 354.00 |
| Operating Profit | 628.00 | 643.00 | 658.00 | 658.00 | 480.00 | 235.00 | 398.00 | 274.00 | 234.00 | 173.00 | 150.00 |
| OPM % | 44.00 | 46.00 | 48.00 | 50.00 | 48.00 | 43.00 | 44.00 | 34.00 | 31.00 | 29.00 | 30.00 |
| Other Income | 94.00 | 85.00 | 70.00 | 37.00 | 49.00 | 58.00 | 32.00 | 19.00 | 10.00 | 3.00 | 2.00 |
| Interest | 56.00 | 55.00 | 44.00 | 30.00 | 27.00 | 25.00 | 25.00 | 4.00 | 6.00 | 5.00 | 6.00 |
| Depreciation | 170.00 | 153.00 | 135.00 | 97.00 | 88.00 | 89.00 | 82.00 | 8.00 | 10.00 | 8.00 | 7.00 |
| Profit before tax | 496.00 | 520.00 | 548.00 | 567.00 | 414.00 | 178.00 | 323.00 | 280.00 | 229.00 | 164.00 | 139.00 |
| Tax % | 24.00 | 25.00 | 24.00 | 25.00 | 25.00 | 27.00 | 24.00 | 35.00 | 35.00 | 35.00 | 35.00 |
| Net Profit | 376.00 | 388.00 | 414.00 | 423.00 | 308.00 | 131.00 | 245.00 | 182.00 | 149.00 | 106.00 | 90.00 |
| EPS in Rs | 15.46 | 15.99 | 17.05 | 17.42 | 12.70 | 10.55 | 19.57 | 14.56 | 11.94 | 89.43 | 76.04 |
| Dividend Payout % | 50.00 | 50.00 | 50.00 | 52.00 | 39.00 | 0.00 | 20.00 | 0.00 | 0.00 | 0.00 | 13.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 25.00 | 25.00 | 25.00 | 23.00 | 12.00 | 12.00 |
| Reserves | 1,940.00 | 1,762.00 | 1,578.00 | 1,371.00 | 1,060.00 | 1,075.00 | 1,051.00 | 865.00 | 683.00 | 317.00 | 221.00 |
| Borrowings | 458.00 | 483.00 | 444.00 | 293.00 | 263.00 | 204.00 | 234.00 | 0.00 | 13.00 | 9.00 | 22.00 |
| Other Liabilities | 431.00 | 477.00 | 462.00 | 473.00 | 402.00 | 320.00 | 281.00 | 257.00 | 221.00 | 154.00 | 109.00 |
| Total Liabilities | 2,853.00 | 2,747.00 | 2,508.00 | 2,161.00 | 1,749.00 | 1,623.00 | 1,591.00 | 1,147.00 | 940.00 | 492.00 | 364.00 |
| Fixed Assets | 660.00 | 688.00 | 663.00 | 518.00 | 495.00 | 446.00 | 482.00 | 252.00 | 316.00 | 141.00 | 104.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 | 2.00 | 1.00 | 5.00 | 3.00 |
| Investments | 1,214.00 | 1,051.00 | 959.00 | 793.00 | 524.00 | 553.00 | 371.00 | 195.00 | 138.00 | 0.00 | 0.00 |
| Other Assets | 979.00 | 1,008.00 | 886.00 | 848.00 | 730.00 | 624.00 | 737.00 | 698.00 | 485.00 | 345.00 | 257.00 |
| Total Assets | 2,853.00 | 2,747.00 | 2,508.00 | 2,161.00 | 1,749.00 | 1,623.00 | 1,591.00 | 1,147.00 | 940.00 | 492.00 | 364.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 481.00 | 389.00 | 483.00 | 459.00 | 341.00 | 253.00 | 251.00 | 179.00 | 52.00 | 37.00 |
| Cash from Investing Activity | -102.00 | -16.00 | -110.00 | -228.00 | 62.00 | -90.00 | -106.00 | -165.00 | -279.00 | -22.00 |
| Cash from Financing Activity | -386.00 | -377.00 | -362.00 | -226.00 | -406.00 | -165.00 | -138.00 | -13.00 | 224.00 | -16.00 |
| Net Cash Flow | -6.00 | -4.00 | 12.00 | 5.00 | -3.00 | -2.00 | 7.00 | 1.00 | -4.00 | 0.00 |
| Free Cash Flow | 470.00 | 388.00 | 484.00 | 464.00 | 352.00 | 263.00 | 238.00 | 173.00 | -94.00 | 15.00 |
| CFO/OP % | 96.00 | 80.00 | 93.00 | 92.00 | 93.00 | 122.00 | 82.00 | 100.00 | 53.00 | 58.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 166.00 | 163.00 | 151.00 | 130.00 | 143.00 | 247.00 | 156.00 | 155.00 | 155.00 | 115.00 | 78.00 |
| Inventory Days | 125.00 | 210.00 | 139.00 | 191.00 | 207.00 | 275.00 | 173.00 | 147.00 | 131.00 | 266.00 | 291.00 |
| Days Payable | 54.00 | 106.00 | 89.00 | 93.00 | 100.00 | 133.00 | 73.00 | 98.00 | 64.00 | 93.00 | 108.00 |
| Cash Conversion Cycle | 237.00 | 266.00 | 200.00 | 228.00 | 250.00 | 389.00 | 256.00 | 204.00 | 221.00 | 289.00 | 261.00 |
| Working Capital Days | 254.00 | 126.00 | 105.00 | 85.00 | 101.00 | 172.00 | 135.00 | 148.00 | 149.00 | 149.00 | 93.00 |
| ROCE % | 24.00 | 26.00 | 31.00 | 39.00 | 33.00 | 15.00 | 31.00 | 35.00 | 44.00 | 57.00 | — |
Corporate Actions
4 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 28 Aug 2025 | 28 Aug 2025 | — | 8.00 | |
| Dividend | 23 Aug 2024 | — | — | 8.50 | |
| Dividend | 17 Aug 2023 | 17 Aug 2023 | — | 9.00 | |
| Dividend | 30 Aug 2022 | — | — | 5.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update2 Jul from crisil
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Rating update3 Jul 2025 from crisil
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Rating update5 Jul 2024 from crisil
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Rating update10 Jul 2023 from crisil
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Rating update11 Jul 2022 from crisil