Vardhman Textiles Limited — Standalone & Consolidated results for the quarter ended March 31, 2026 and year ended March 31, 2026
| S.No. | Particulars | Quarter ended March 31, 2026 (Unaudited) | Quarter ended December 31, 2025 (Unaudited) | Quarter ended March 31, 2025 (Unaudited) | Year Ended March 31, 2026 (Audited) | Year Ended March 31, 2025 (Audited) |
|---|---|---|---|---|---|---|
| I. | Revenue from operations | 2,440.66 | 2,451.91 | 2,458.18 | 9,652.33 | 9,587.21 |
| II. | Other income | 71.62 | 81.36 | 119.90 | 275.42 | 367.47 |
| III. | Total income (I+II) | 2,512.28 | 2,533.27 | 2,578.08 | 9,927.75 | 9,954.68 |
| IV. | Expenses | |||||
| Cost of materials consumed | 1,310.17 | 1,286.95 | 1,323.25 | 5,266.66 | 5,319.01 | |
| Purchase of stock-in-trade | 0.88 | 1.14 | 0.66 | 26.39 | 4.85 | |
| Change in inventories of finished goods, works-in-progress and stock-in-trade | 12.70 | 113.92 | 45.30 | 37.79 | (36.17) | |
| Employee benefits expense | 235.96 | 233.22 | 213.21 | 908.83 | 867.79 | |
| Finance cost | 23.19 | 26.13 | 22.81 | 92.35 | 77.02 | |
| Depreciation and amortisation expense | 121.95 | 117.55 | 102.68 | 461.64 | 397.92 | |
| Other expenses | 598.25 | 538.46 | 588.08 | 2,193.71 | 2,174.57 | |
| Total Expenses | Total Expenses | 2,303.10 | 2,317.37 | 2,295.99 | 8,987.37 | 8,804.99 |
| V. | Profit before tax (III-IV) | 209.18 | 215.90 | 282.09 | 940.38 | 1,149.69 |
| VI. | Tax expense | |||||
| Current tax | 44.27 | 44.89 | 52.06 | 187.29 | 240.69 | |
| Deferred tax | (14.16) | 1.06 | 1.06 | 13.07 | 29.93 | |
| VII. | Profit after tax (V-VI) | 179.07 | 169.95 | 228.97 | 740.02 | 879.07 |
| VIII. | Other Comprehensive Income | |||||
| Items that will not be reclassified to profit or loss | ||||||
| (a) (i) Remeasurements of the defined benefits plans | (4.90) | 7.58 | 1.03 | 4.99 | 1.03 | |
| (ii) Income tax relating to items that will not be reclassified to profit or loss | 1.23 | (1.91) | (0.26) | (1.26) | (0.26) | |
| (b) (i) Equity instruments through other comprehensive income | 0.34 | – | 0.28 | 0.34 | 0.28 | |
| (ii) Income tax relating to items that will not be reclassified to profit or loss | (0.09) | – | (0.07) | (0.09) | (0.07) | |
| Total Other Comprehensive Income | (3.42) | 5.67 | 0.98 | 3.98 | 0.98 | |
| IX. | Total Comprehensive income (VII+VIII) | 175.65 | 175.62 | 229.95 | 744.00 | 880.05 |
| X. | Earnings Per Share (in Rs.) (not annualized except for the year ended March 31, 2025 and March 31, 2026) | |||||
| Basic and diluted | 6.19 | 5.88 | 7.92 | 25.58 | 30.40 |
| Sr. No. | Particulars | As at March 31, 2026 Audited | As at March 31, 2025 Audited |
|---|---|---|---|
| ASSETS | |||
| 1 | Non-current assets | ||
| (a) Property, plant and equipment | 5,016.23 | 4,074.92 | |
| (b) Capital work-in-progress | 586.06 | 251.80 | |
| (c) Right of Use Asset | 7.93 | 8.07 | |
| (d) Intangible assets | 7.37 | 7.37 | |
| (e) Financial assets | |||
| – Investments | 663.23 | 1,157.95 | |
| – Loans | 0.91 | 1.21 | |
| – Other financial assets | 54.94 | 62.36 | |
| (f) Income tax asset (net) | 91.71 | 76.84 | |
| (g) Other non-current assets | 239.45 | 202.08 | |
| Total Non-current assets | 6,667.83 | 5,842.60 | |
| 2 | Current assets | ||
| (a) Inventories | 3,581.90 | 3,681.80 | |
| (b) Financial assets | |||
| – Investments | 802.65 | 318.49 | |
| – Trade receivables | 1,294.99 | 1,288.80 | |
| – Cash and cash equivalents | 39.75 | 52.11 | |
| – Bank Balance other than above | 37.36 | 32.63 | |
| – Loans | 1.52 | 2.08 | |
| – Other financial assets | 65.46 | 116.56 | |
| (c) Other current assets | 851.18 | 564.75 | |
| (d) Assets held-for-sale | 0.46 | ||
| Total current assets | 6,675.27 | 6,057.22 | |
| Total Assets (1+2) | 13,343.10 | 11,899.82 | |
| EQUITY AND LIABILITIES | |||
| 1 | Equity | ||
| (a) Equity share capital | 57.85 | 57.83 | |
| (b) Other equity | 10,129.88 | 9,520.01 | |
| Total equity | 10,187.73 | 9,577.84 | |
| 2 | Liabilities | ||
| Non-current liabilities | |||
| (a) Financial liabilities | |||
| – Borrowings | 1,230.78 | 748.99 | |
| – Lease liability | 0.20 | 0.19 | |
| – Other financial liabilities | 2.93 | 0.53 | |
| (b) Provisions | 18.28 | 18.97 | |
| (c) Deferred tax liabilities (net) | 291.91 | 278.75 | |
| (d) Other non-current liabilities | 10.58 | 11.68 | |
| Total Non-current liabilities | 1,554.68 | 1,059.11 | |
| 3 | Current liabilities | ||
| (a) Financial Liabilities | |||
| – Borrowings | 624.17 | 488.91 | |
| – Trade payables | |||
| (i) Total outstanding dues of micro enterprises and small enterprises | 50.45 | 48.81 | |
| (ii) Total outstanding dues of trade payables other than micro enterprises and small enterprises | 397.91 | 380.80 | |
| – Other financial liabilities | 411.35 | 240.11 | |
| (b) Other current liabilities | 96.14 | 79.60 | |
| (c) Provisions | 7.01 | 4.56 | |
| (d) Current tax liabilities (net) | 13.66 | 20.08 | |
| Total Current liabilities | 1,600.69 | 1,262.87 | |
| Total Equity and Liabilities (1+2+3) | 13,343.10 | 11,899.82 |
| Particulars | Year ended March 31, 2026 (Audited) | Year ended March 31, 2025 (Audited) |
|---|---|---|
| A CASH FLOW FROM OPERATING ACTIVITIES | ||
| Profit before tax | 940.38 | 1,149.69 |
| Adjustments for: | ||
| Interest Expense | 76.26 | 58.79 |
| Gain on fair valuation of Investments (Net) | (70.36) | (91.24) |
| Subsidy from Government | (1.38) | (1.55) |
| Interest income | (13.81) | (36.73) |
| Dividend on investments | (67.25) | (50.54) |
| Net gain on sale / discarding of property, plant and equipment | (37.31) | (44.17) |
| (Profit)/Loss on sale of Investments (Net) | (10.83) | (40.94) |
| Provision no longer required written back (net) | (2.90) | (3.36) |
| Assets written off | 3.66 | 1.82 |
| Bad debt written off | 2.36 | 9.95 |
| Allowances for doubtful trade receivables and advances written back (net) | 5.50 | 0.61 |
| Depreciation and amortisation | 461.64 | 397.92 |
| Esop provision created | 5.94 | 8.52 |
| Derivative Financial Instruments | 123.73 | 2.48 |
| Operating profit before working capital changes | 1,415.63 | 1,361.25 |
| Changes in working capital: | ||
| Adjustments for (increase) / decrease in operating assets :- | ||
| Trade receivables | (8.55) | (93.98) |
| Inventories | 99.90 | 425.16 |
| Loans | 0.86 | 0.31 |
| Other assets (Current) | (286.42) | 20.50 |
| Others financial assets (Current) | 51.59 | 2.60 |
| Others financial assets (Non Current) | 2.18 | 18.48 |
| Other assets (Non-current) | (3.88) | (6.17) |
| Adjustments for increase / (decrease) in operating liabilities :- | ||
| Trade payables | 21.65 | 115.57 |
| Provisions (Current and Non Current) | 1.76 | 2.44 |
| Others financial liabilities (Current) | (7.17) | 3.02 |
| Others financial liabilities (Non-Current) | 2.40 | (0.10) |
| Other liabilities (Non-current) | (0.08) | (0.12) |
| Other liabilities (Current) | 21.82 | 5.00 |
| Cash generated/(used) in operating activities before taxes | 1,311.69 | 1,853.96 |
| Income taxes paid (net of refund received) | (209.88) | (235.25) |
| Net cash generated from operating activities | 1,101.81 | 1,618.71 |
| B CASH FLOW FROM INVESTING ACTIVITIES | ||
| Proceeds from sale of Investments | 141.83 | 57.27 |
| Purchase of current investments (net) | (49.74) | (39.38) |
| Interest received | 11.38 | 13.65 |
| Payment for purchase of property, plant and equipment, capital work in progress and other intangible assets | (1,732.45) | (1,028.68) |
| Bank balances not considered as cash and cash equivalents | (3.06) | 12.66 |
| Proceeds from disposal of property, plant and equipment | 51.19 | 63.91 |
| Dividend received from subsidiaries and associates | 64.95 | 50.54 |
| Dividend received from others | 2.30 | – |
| Net cash generated/(used) in investing activities | (1,513.60) | (870.03) |
| C CASH FLOW FROM FINANCING ACTIVITIES* | ||
| Proceeds from equity share capital/share application | 4.55 | – |
| Proceeds from borrowings (non-current) | 661.26 | 421.13 |
| Repayment of borrowings (non-current) | (83.31) | (538.81) |
| Proceeds/(Repayment) of borrowings (current) (net) | 39.10 | (434.46) |
| Dividends on equity share capital paid | (144.54) | (115.59) |
| Interest Expense | (77.63) | (61.84) |
| Net cash generated/(used) in financing activities | 399.43 | (729.57) |
| Net decrease in cash and cash equivalents | (12.36) | 19.11 |
| Cash and cash equivalents at the beginning of the year | 52.11 | 33.00 |
| Cash and cash equivalents at the end of the period | 39.75 | 52.11 |
| S. No. | Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|---|
| ASSETS | |||
| 1 | Non-current assets | ||
| (a) Property, Plant and Equipment | 5,065.29 | 4,121.08 | |
| (b) Capital work-in-progress | 586.20 | 251.91 | |
| (c) Right of Use Asset | 18.78 | 19.06 | |
| (d) Intangible Assets | 7.83 | 7.82 | |
| (e) Goodwill | 2.46 | 2.46 | |
| (f) Financial Assets | |||
| – Investment in associates | 238.96 | 243.04 | |