Vardhman Textiles Limited - Company overview

Vardhman Textiles is a listed public limited company, first registered with ROC Chandigarh on 8 October 1973.

1973-10-08 Ludhiana, Punjab Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▲ 3.0%
FY 2025
PROFIT / LOSS
₹500–1000 Cr
▲ 39.3%
FY 2025
EBITDA
₹1000+ Cr
▲ 23.1%
FY 2025
NET WORTH
₹1000+ Cr
▲ 8.5%
FY 2025
TOTAL ASSETS
₹1000+ Cr
▲ 3.8%
FY 2025
EMPLOYEE COUNT
9,791–9,800
OPEN CHARGES
6
-
PAID-UP CAPITAL
57.90 cr
AUTHORISED CAPITAL
177.00 cr
COMPANY AGE
53 Years 1 Months
since 1973-10-08
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-24
ACTIVE GST
6
Updated: 2023-10-27 20:15:29
TOTAL MONEY RAISED
₹500–1000 Cr
SATISFIED CHARGES
171
7,901.46 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Vardhman Textiles covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
75/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (38), financial health (95), director (90) and company-foundation signals.
  • Operating for 53+ years.
Compliance Score High risk
38/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
95/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2025.
  • Positive net worth.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 16 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Vardhman Textiles Company identity, industry, contact, and registration details from MCA and company records.

Vardhman Textiles is a listed public limited company, first registered with ROC Chandigarh on 8 October 1973. The registered office is in Ludhiana, Punjab. It was earlier known as Mahavir Spg. Mills Ltd.

In its MCA filings the main business is listed as textile, leather and other apparel products, which made up 100% of turnover.

It has 16 directors: Neeraj Jain, Soumya Jain, Harpreet Kang and 13 others. The longest-serving is Shri Paul Oswal, on the board since 1973; the most recent to join is Neeraj Jain, appointed in April 2026. Neeraj Jain is the managing director. The board changed around September 2022, when Ashok Kumar Kundra and Subash Khanchand Bijlani stepped down and new directors joined. Between them, the directors also sit on the boards of 10 other companies, including Adishwar Enterprises LLP and Oswal Castings Private Limited.

₹57.9 crore of its ₹177 crore authorised capital is paid up (about 33%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 24 September 2025. Six charges (secured loans) are still open, with Hdfc Bank Limited among the lenders, and 171 more have been paid off. Its shares trade on BSE (502986) and NSE (VTL).

Manufacturing ••••••••
  • Location Chandigarh Road, Ludhiana, Ludhiana, Punjab - 141010
  • Website vardhman.com
Name History
Legal NameVardhman Textiles Limited
CIN / LLPINL17111PB1973PLC003345
Company No.003345
Stock Symbol BSE: 502986 | NSE: VTL
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1973-10-08
Date of AGM2025-09-24
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Chandigarh
Credit RatingA1 (Indiarating)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Vardhman Textiles (16) Current board members from MCA filings, including designation and appointment details.

N
Neeraj Jain
Managing Director | Since 2026-04-01 | DIN: 00340459
S
Soumya Jain
Director | Since 2025-05-03 | DIN: 10254459
H
Harpreet Kang
Director | Since 2019-02-06 | DIN: 03049487
S
Sanjay Gupta
Company Secretary | Since 2017-06-01 | DIN: 06609460
S
Sagrika Jain
Whole-time director | Since 2022-08-06 | DIN: 09694869
A
Arvind Sahay
Director | Since 2025-05-03 | DIN: 03218334

Financial Performance of Vardhman Textiles Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹1000+ Cr ▲ 3.0%
P&L ₹500–1000 Cr ▲ 39.3%
EBITDA ₹1000+ Cr ▲ 23.1%
Net worth ₹1000+ Cr ▲ 8.5%

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Charges of Vardhman Textiles Open and satisfied charges registered against the company with MCA.

Others : 1,350.00 cr
Hdfc Bank Limited : 280.00 cr
Open Charges: 6 Satisfied Charges: 171
Open -
Satisfied 7,901.46 cr
LenderAmountStatus
Others
Creation Date: 26 Sep 2025
 350.00 cr Open
Others
Creation Date: 17 Dec 2024
 250.00 cr Open
Others
Creation Date: 06 Dec 2024
 600.00 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingTextile, leather and other apparel products100

Companies With Common Directors Of Vardhman Textiles Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Adishwar Enterprises Llp 1 Shared Director
Oswal Castings Private Limited 1 Shared Director
Sportking India Limited 1 Shared Director
The Cotton Textiles Export Promotion Council 1 Shared Director
Vardhman Apparels Limited 1 Shared Director
Vardhman Nisshinbo Garments Company Limited 1 Shared Director
Vardhman Special Steels Limited 1 Shared Director
Vardhman Spinning And General Mills Limited 1 Shared Director
Vardhman Textile Components Limited 1 Shared Director
Vmt Spinning Company Limited 1 Shared Director

Financial Ratios of Vardhman Textiles Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

11 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Vardhman Textiles Ownership and contribution detail from filings. Full breakdown unlocks with your report.

10 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Vardhman Textiles EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Vardhman Textiles GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Vardhman Textiles Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Vardhman Textiles MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Vardhman Textiles Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

2 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Vardhman Textiles Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Vardhman Textiles Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Vardhman Textiles?
MCA does not publish an "owner" field. Vardhman Textiles is run by its directors, Neeraj Jain, Soumya Jain, Harpreet Kang and 13 others, with Neeraj Jain as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Vardhman Textiles?
Vardhman Textiles has 16 current directors: Neeraj Jain (since April 2026), Soumya Jain (since May 2025), Harpreet Kang (since February 2019), Sanjay Gupta (since June 2017), Sagrika Jain (since August 2022) and Arvind Sahay (since May 2025), plus 10 more. Neeraj Jain is the managing director.
What is CIN of Vardhman Textiles?
The CIN of Vardhman Textiles is L17111PB1973PLC003345. Reading it left to right: L means it is listed, 17111 is the industry code it registered under, PB is Punjab, 1973 is the year it was registered, PLC is the company type and 003345 is its registration number.
When was Vardhman Textiles incorporated?
Vardhman Textiles was incorporated on 8 October 1973 with ROC Chandigarh. That makes it more than 53 years old.
What is the registered address of Vardhman Textiles?
The registered office on MCA records is Chandigarh Road, Ludhiana, Punjab - 141010.
What is the current status of Vardhman Textiles?
MCA shows Vardhman Textiles as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Vardhman Textiles?
You can post to its registered office at Chandigarh Road, Ludhiana, Ludhiana, Punjab - 141010 and use its website, https://vardhman.com.
What industry or business activity is Vardhman Textiles associated with?
Its MCA filings list the main business as textile, leather and other apparel products (100% of turnover).
What is paid-up capital and authorised share capital of Vardhman Textiles?
Paid-up capital is ₹57.9 crore and authorised capital is ₹177 crore, so about 33% of the authorised amount has been issued.
When did Vardhman Textiles last file accounts and hold an AGM?
The last AGM on record was on 24 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Vardhman Textiles?
Six charges against Vardhman Textiles are still open and 171 have been satisfied. Lenders named in the filings include Hdfc Bank Limited.
Have any directors left Vardhman Textiles?
Yes, 21 former directors are on record. The most recent to leave were Prafulbhai Anubhai Shah (September 2024), Ashok Kumar Kundra (September 2022) and Subash Khanchand Bijlani (September 2022).
Which companies share directors with Vardhman Textiles?
10 companies share directors with Vardhman Textiles. Among them are Adishwar Enterprises LLP, Oswal Castings Private Limited, Sportking India Limited and 7 more.
What is the turnover or revenue of Vardhman Textiles?
Based on filed financial statements, the revenue of Vardhman Textiles for FY 2025 was in the ₹1000+ Cr range. That is up 3.0% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Vardhman Textiles?
For FY 2025, the net worth of Vardhman Textiles was in the ₹1000+ Cr range.
How can I get the financial details of Vardhman Textiles?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Vardhman Textiles?
The website on record for Vardhman Textiles is https://vardhman.com.
Which company owns vardhman.com?
vardhman.com is the website listed for Vardhman Textiles Limited in its company records.
Is Vardhman Textiles registered with any stock exchange in India?
It is listed on both BSE (scrip code 502986) and NSE (symbol VTL).
Vardhman Textiles - is it listed or unlisted?
Vardhman Textiles is a listed company, and its CIN starts with L.
What is the ROC code of Vardhman Textiles?
Vardhman Textiles is registered with ROC Chandigarh.
What is the company classification of Vardhman Textiles?
MCA classifies Vardhman Textiles as: Public Limited Indian Non-Government Company.
Does Vardhman Textiles have subsidiaries?
Yes, 2 subsidiaries are on record for Vardhman Textiles.
Does Vardhman Textiles have GST registrations on file?
Yes, 6 active GST registrations are linked to Vardhman Textiles, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.