
Vardhman Holdings Latest Share Price (VHL)
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VHL slipped 0.4% on light volume, in line with Nifty's -0.4% move.
With a market cap of ₹1,101.08 Cr., it trades at a P/E of 4.63. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
Vardhman Holdings flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Healthy Operating MarginsOPM is structurally strong at 83.4%
- ●Reasonable ValuationTrading at a moderate P/E of 5.3x
- ●High Promoter HoldingPromoters hold 74.9% skin-in-the-game
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Earnings DeclineEPS (TTM) has contracted by 18.3% YoY
- ●Sales ContractionQuarterly sales dropped 85.0% YoY
- ●Poor Capital ReturnsLow ROE of 5.9%
Latest Vardhman Holdings News
What changed recently?
Recent events, corporate actions, and announcements.
Vardhman Holdings Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Vardhman Holdings Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Vardhman Holdings Ltd trades at a P/E of 4.63× and P/B of 0.31×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
Vardhman Holdings Ltd technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for Vardhman Holdings Ltd — derived from the latest tape, not yesterday's close.
Vardhman Holdings Ltd last traded at ₹3,460 with an intraday range of ₹3,430–₹3,519.4 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹3460.00| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 3688.40 | +228.40 | +6.60% |
| R3 | 3599.00 | +139.00 | +4.02% |
| R2 | 3559.20 | +99.20 | +2.87% |
| R1 | 3509.60 | +49.60 | +1.43% |
| PIVOT | 3469.80 | 9.80 | 0.28% |
| CURRENT | 3460.00 | — | — |
| S1 | 3420.20 | -39.80 | -1.15% |
| S2 | 3380.40 | -79.60 | -2.30% |
| S3 | 3330.80 | -129.20 | -3.73% |
| S4 | 3241.40 | -218.60 | -6.32% |
VHL is trading Below CPR, indicating Bearishness
CPR is Average
Day's range: ₹3430–₹3519.4
Trading Inside opening range
Vardhman Holdings Ltd financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for Vardhman Holdings Ltd — consolidated or standalone — with margins, YoY growth and key ratios inline.
Vardhman Holdings Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹1,101.08 Cr. and reported EPS of ₹677.00.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Interest Earned | 1 | 1 ▼ 48.7% |
| Other Income | 2 | 2 ▲ 0.0% |
| Total Income | 25 | 14 ▼ 42.7% |
| Net Interest Income (NII)Derived | 1 | 1 ▼ 48.7% |
| Profit Before Tax (PBT) | 18 | 12 ▼ 34.9% |
| 15 | 13 ▼ 11.6% | |
| Effective Tax %Derived | 81.18% | 110.24% |
| Total Profit for Period | 258 | 216 ▼ 16.3% |
| Net Profit (Owner's PAT)Derived | 258 | 216 ▼ 16.3% |
| PAT Growth YoY %Derived | 39.56% | -16.28% |
| Earnings Per Share (EPS ₹) | 808.39 | 676.82 ▼ 16.3% |
| Diluted Shares Outstanding (Cr) | 0 | 0 ▲ 0.0% |
| Share of Profit from Associates/JVs | 255 | 217 ▼ 14.7% |
| Other Comprehensive Income (Net of Tax) | -16 | 8 ▲ 150.0% |
| Dividend Income | 2 | 3 ▲ 52.0% |
| Net Gain Fair Value Changes | 19 | 8 ▼ 57.5% |
| Period | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest Earned | — | 5 | 6 ▲ 14.1% | 8 ▲ 39.3% | 4 ▼ 49.5% | 3 ▼ 14.7% | 1 ▼ 69.3% | 1 ▲ 15.5% | 1 ▼ 48.7% | |
| Other Income | 1 | 1 ▲ 2.9% | 1 ▼ 1.4% | 1 ▼ 9.4% | 2 ▲ 48.0% | 2 ▲ 1.6% | 2 ▲ 31.4% | 2 ▼ 24.7% | 2 ▲ 0.0% | |
| Total Income | 43 | 10 ▼ 75.8% | 14 ▲ 32.4% | 21 ▲ 52.2% | 35 ▲ 66.1% | 8 ▼ 77.8% | 17 ▲ 123.6% | 25 ▲ 41.8% | 14 ▼ 42.7% | |
| Net Interest Income (NII)Derived | — | 5 | 6 ▲ 14.1% | 8 ▲ 39.3% | 4 ▼ 49.5% | 3 ▼ 14.7% | 1 ▼ 69.3% | 1 ▲ 15.5% | 1 ▼ 48.7% | |
| Profit Before Tax (PBT) | 37 | 7 ▼ 79.8% | 8 ▲ 5.0% | 19 ▲ 139.5% | 32 ▲ 70.0% | 3 ▼ 89.4% | 13 ▲ 284.1% | 18 ▲ 41.6% | 12 ▼ 34.9% | |
3 | 0 ▼ 94.6% | 1 ▲ 638.9% | 4 ▲ 178.2% | 30 ▲ 721.4% | -4 ▼ 111.5% | 9 ▲ 366.7% | 15 ▲ 59.9% | 13 ▼ 11.6% | ||
| Effective Tax %Derived | 9.03% | 2.41% | 16.99% | 19.73% | 95.36% | -103.54% | 71.89% | 81.18% | 110.24% | |
| Total Profit for Period | 189 | 202 ▲ 6.8% | 160 ▼ 20.9% | 130 ▼ 18.9% | 429 ▲ 231.3% | 228 ▼ 46.8% | 185 ▼ 19.1% | 258 ▲ 39.6% | 216 ▼ 16.3% | |
| Net Profit (Owner's PAT)Derived | 189 | 202 ▲ 6.8% | 160 ▼ 20.9% | 130 ▼ 18.9% | 429 ▲ 231.3% | 228 ▼ 46.8% | 185 ▼ 19.1% | 258 ▲ 39.6% | 216 ▼ 16.3% | |
| PAT Growth YoY %Derived | — | 6.81% | -20.86% | -18.91% | 231.32% | -46.76% | -19.07% | 39.56% | -16.28% | |
| Earnings Per Share (EPS ₹) | 592.07 | 632.39 ▲ 6.8% | 500.45 ▼ 20.9% | 405.79 ▼ 18.9% | 1,344.46 ▲ 231.3% | 715.74 ▼ 46.8% | 579.25 ▼ 19.1% | 808.39 ▲ 39.6% | 676.82 ▼ 16.3% | |
| Diluted Shares Outstanding (Cr) | 0 | 0 ▲ 0.0% | 0 ▲ 0.0% | 0 ▲ 0.0% | 0 ▲ 0.0% | 0 ▲ 0.0% | 0 ▲ 0.0% | 0 ▲ 0.0% | 0 ▲ 0.0% | |
| Share of Profit from Associates/JVs | 155 | 195 ▲ 25.2% | 153 ▼ 21.2% | 114 ▼ 25.3% | 428 ▲ 273.6% | 222 ▼ 48.2% | 181 ▼ 18.2% | 255 ▲ 40.5% | 217 ▼ 14.7% | |
| Other Comprehensive Income (Net of Tax) | — | -24 | -30 ▼ 21.4% | 51 ▲ 271.0% | 44 ▼ 13.9% | 78 ▲ 79.1% | 14 ▼ 82.0% | -16 ▼ 210.7% | 8 ▲ 150.0% | |
| Dividend Income | — | 2 | 4 ▲ 139.7% | 0 ▼ 98.6% | 3 ▲ 4300.0% | 2 ▼ 26.9% | 2 ▲ 18.7% | 2 ▼ 1.7% | 3 ▲ 52.0% | |
| Net Gain Fair Value Changes | — | 2 | 3 ▲ 11.7% | 12 ▲ 346.4% | 27 ▲ 122.4% | 1 ▼ 97.7% | 12 ▲ 1830.0% | 19 ▲ 66.9% | 8 ▼ 57.5% |
Vardhman Holdings segment analysis : revenue and profit mix.
Disclosed business segments at Vardhman Holdings with their share of revenue and profit, switchable between consolidated and standalone reporting.
Vardhman Holdings discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for Vardhman Holdings Ltd.
Our AI distills the core fundamental drivers supporting Vardhman Holdings Ltd, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
Vardhman Holdings Ltd's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Debt-free balance sheet with zero leverage, D/E ratio 0.0000x ensures fortress financial stability.
Operating margin 253.10% TTM exceptional, demonstrates superior cost control and pricing power.
P/E valuation 5.29x lowest among peers, offers deepest value entry point for investors.
Promoter holding 74.90% stable, signals strong long-term commitment and governance alignment.
Positive operating cash flow ₹35.97 Cr FY2026, demonstrates consistent cash generation capability.
Key Risks.
TTM revenue declined 11.4% YoY, indicating sustained contraction in top-line growth trajectory.
Latest quarterly EPS declined 18.3% YoY, earnings quality deteriorating despite positive net income.
Cash flow per share negative ₹18.02 annually, volatile liquidity conversion despite positive OCF.
Dividend yield only 0.14%, minimal income return for shareholders seeking regular payouts.
Institutional ownership 0.006%, extremely low conviction signals weak market confidence.
Flip Conditions.
Valuation risk. a P/E above 6 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Return-quality risk. ROE below 8% would indicate weaker capital compounding.
Income thesis breaks if the dividend is cut or yield falls below 0.07%.
Vardhman Holdings Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Vardhman Holdings Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
Vardhman Holdings Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Vardhman Holdings Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
- 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
- 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
- 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
- 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
- 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Pattern history — every completed pattern and its outcome
Vardhman Holdings Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Vardhman Holdings Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Vardhman Holdings Ltd stood at 81.0% of traded volume, against a 20-day average of 67.0%.
Vardhman Holdings announcements: results, concalls, ratings, M&A.
Filings Vardhman Holdings sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Vardhman Holdings files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 58 documents below.
Copy of Newspaper Publication
Vardhman Holdings Limited has informed the Exchange about Copy of Newspaper Publication
Outcome of Board Meeting
Vardhman Holdings Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Updates
Vardhman Holdings Limited has informed the Exchange regarding 'Demat Report for the month ended 31st July, 2026.'.
Certificate under SEBI (Depositories and Participants) Regulations, 2018
Vardhman Holdings Limited has informed the Exchange about Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
Updates
Vardhman Holdings Limited has informed the Exchange regarding 'Demat report for the month ended 30th June, 2026.'.
Vardhman Holdings dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Vardhman Holdings has declared, sequenced by announce and record date.
Vardhman Holdings corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Vardhman Holdings Ltd: business, sector, key facts.
What Vardhman Holdings Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Vardhman Holdings Ltd operates in the Investment Company industry under the Financial Services sector, listed as NSE: VHL, BSE: 500439.

Vardhman Holdings Limited (VHL) is a non-banking financial company (NBFC) based in Ludhiana, India. Established in 1962 and formerly known as Vardhman Spinning and General Mills Limited, the company officially changed its name to Vardhman Holdings Limited in March 2006. Its primary business activity centers around investment activities within the Indian financial market.
As an NBFC, VHL operates outside the traditional banking system, offering financial services but without the regulatory oversight applicable to banks. This allows for a potentially more flexible and specialized approach to investments. While the specific details of their investment portfolio aren't publicly available in the provided text, the core function is to generate returns through strategic investment strategies.
The company's history, spanning over six decades, indicates a significant presence within the Indian financial landscape. Its evolution from a spinning and general mills company to a focused investment firm suggests a strategic shift towards capital market operations. This transformation highlights adaptability and a focus on leveraging financial expertise for profitability.
The absence of details regarding the types of investments undertaken (e.g., equity, debt, real estate) limits a more comprehensive understanding of VHL's specific business model. However, the core business remains centered on the management and growth of investment assets, contributing to shareholder value through returns on investment.
In summary, Vardhman Holdings Limited is a long-standing Indian NBFC primarily involved in investment activities. Its history, evolution, and current focus provide a foundation for understanding its role within the Indian financial sector, although more specific details on its investment strategies and portfolio remain undisclosed in the given source material.
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Questions investors ask about Vardhman Holdings Ltd (VHL).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Vardhman Holdings Ltd (VHL)?
The current share price of Vardhman Holdings Ltd (VHL) is ₹3,460.00. Today, the stock has declined by ₹13.80 (0.4%), trading in a range of ₹3,430.00 to ₹3,519.40. The stock opened at ₹3,430.00 with a trading volume of 244 shares.
02Is Vardhman Holdings Ltd stock a good investment for long-term?
Vardhman Holdings Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1,101.08 Cr., P/E ratio of 4.63, ROE of 5.91%, and ROCE of 6.28%. The dividend yield stands at 0.14%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Vardhman Holdings Ltd stock?
The 52-week high price of Vardhman Holdings Ltd (VHL) is ₹4,275.00, while the 52-week low is ₹2,870.00. Currently trading at ₹3,460.00, the stock is 20.56% above its 52-week low and 19.06% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Vardhman Holdings Ltd stock at the current price?
Whether to buy Vardhman Holdings Ltd stock at ₹3,460.00 depends on multiple factors. The stock is currently trading with a P/E ratio of 4.63 and P/B ratio of 0.31. Today's performance shows a loss of 0.4%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Vardhman Holdings Ltd and when is the next dividend?
Vardhman Holdings Ltd offers a dividend yield of 0.14%, which means for every ₹100 invested at the current price of ₹3,460.00, you can expect to receive approximately ₹0.14 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Vardhman Holdings Ltd?
Vardhman Holdings Ltd's key financial metrics include: P/E Ratio: 4.63, P/B Ratio: 0.31, ROE: 5.91%, ROCE: 6.28%, Dividend Yield: 0.14%, EPS: ₹677.00, Book Value: ₹11,799.00, and Debt-to-Equity: 0. The company's market cap stands at ₹1,101.08 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Vardhman Holdings Ltd stock performing today in the market?
Vardhman Holdings Ltd stock opened at ₹3,430.00 and is currently trading at ₹3,460.00, showing a decline of ₹13.80 (0.4%). The intraday high is ₹3,519.40 and low is ₹3,430.00. The trading volume stands at 244 shares, indicating moderate market participation today.
08What is the P/E ratio of Vardhman Holdings Ltd and what does it indicate?
Vardhman Holdings Ltd has a Price-to-Earnings (P/E) ratio of 4.63, which means investors are willing to pay 4.63 for every ₹1 of earnings. With an EPS of ₹677.00, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Vardhman Holdings Ltd (VHL) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.