Vardhman Polytex Ltd - Company overview

Vardhman Polytex is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN L17122PB1980PLC004242). Business o…

1980-08-20 Ludhiana, Punjab Active Listed Active Compliant
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VP Vardhman Polytex Ltd

Key Metrics

AUTHORISED CAPITAL
70.00 cr
PAID-UP CAPITAL
45.89 cr
COMPANY AGE
45 Years 8 Months
since 1980-08-20
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-08-28
OPEN CHARGES
13
-654.62 cr
SATISFIED CHARGES
72
1,379.42 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
4
Updated: 2023-11-09 18:05:47

About Vardhman Polytex

Vardhman Polytex is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN L17122PB1980PLC004242). Business overview includes Manufacturing (Textile & Fabric Production), incorporated on August 20, 1980 (46+ years old), headquartered in Ludhiana, Punjab, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹621.67 Cr with a profit of ₹1.49 Cr. It has 8 active directors. The company employs approximately 1,847 people. Its latest credit rating is D by Icra.

Textile & Fabric Production
  • Location Vardhman Park Chandigarh Road, Ludhiana-141123, Ludhiana, Punjab - 141123
  • Website vpl.in
Name History
CIN / LLPINL17122PB1980PLC004242
Company No.004242
Stock Symbol BSE: 514175 | NSE: VARDMNPOLY
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1980-08-20
Date of AGM2025-08-28
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Chandigarh
Credit RatingD (Icra)
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Vardhman Polytex

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (8)

R
CFO | Since 2020-09-01
S
Director | Since 2020-09-01
M
Director | Since 2017-08-12
R
Director | Since 2024-03-28
S
Director | Since 2023-07-18
A
Company Secretary | Since 2018-11-12

Charges Overview

The Jammu & Kashmir Bank : 30.00 cr
Others : 25.00 cr
Punjab National Bank : 7.00 cr
Canara Bank : 31.15 Lakh
Open Charges: 13 Satisfied Charges: 72
Open -654.62 cr
Satisfied 1,379.42 cr
LenderAmountStatus
Canara Bank
Creation Date: 25 Oct 2016
11.40 Lakh Open
Canara Bank
Creation Date: 19 Feb 2016
19.75 Lakh Open
The Jammu & Kashmir Bank
Creation Date: 30 Apr 2015
30.00 cr Closed

Business Activity

Activity GroupDescriptionTurnover %
Manufacturing-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Vardhman Polytex
What is CIN of Vardhman Polytex?
The Corporate Identification Number (CIN) for Vardhman Polytex is L17122PB1980PLC004242. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 004242 as per MCA.
When was Vardhman Polytex incorporated?
Vardhman Polytex was incorporated 45 years 8 months ago on 20 Aug 1980.
What is paid-up capital and authorised share capital of Vardhman Polytex?
The paid-up capital of Vardhman Polytex is ₹ 458,894,004.00 and authorised share capital is ₹ 700,000,000.00.
Who are the current board members and directors of Vardhman Polytex?
Currently 8 directors are associated with Vardhman Polytex: Radhamohan, Suresh Kumar Banka, Manju Oswal, Rohit Jain, Sanchi Taneja, Ajay Kumar Ratra, Adish Oswal, Shubham Jain.
  • Radhamohan
  • Suresh Kumar Banka
  • Manju Oswal
  • Rohit Jain
  • Sanchi Taneja
  • Ajay Kumar Ratra
  • Adish Oswal
  • Shubham Jain
What is the registered address of Vardhman Polytex?
As per Ministry of Corporate Affairs (MCA), the registered address of Vardhman Polytex is Vardhman Park Chandigarh Road, Ludhiana-141123, Ludhiana, Punjab, 141123, India.
Is Vardhman Polytex registered with any stock exchange in India?
Yes, Vardhman Polytex is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): VARDMNPOLY.
What is the official website of Vardhman Polytex?
The official website of Vardhman Polytex is https://vpl.in.
What is the ROC code of Vardhman Polytex?
Vardhman Polytex ROC code is Roc Chandigarh.
What is the company classification of Vardhman Polytex?
Vardhman Polytex is classified as Public Limited Indian Non-Government Company.
Vardhman Polytex - is it listed or unlisted?
Vardhman Polytex is a Listed company.
What is the current status of Vardhman Polytex?
Vardhman Polytex is currently Active and registered in Ludhiana, Punjab, India.
What industry or business activity is Vardhman Polytex associated with?
Vardhman Polytex lists activity aligned with: Manufacturing - Textile & Fabric Production. See the Overview and Competition sections for fuller industry context.
How many employees does Vardhman Polytex have?
Available records indicate roughly 1,847 employees for Vardhman Polytex. Confirm against filings and EPFO-related signals on the profile where shown.
Does Vardhman Polytex have GST registrations on file?
Vardhman Polytex shows 4 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Vardhman Polytex?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Vardhman Polytex.
How do I contact Vardhman Polytex?
Use the official website at https://vpl.in and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Vardhman Polytex?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Vardhman Polytex?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Vardhman Polytex (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ -362.31 Cr. Verify figures on the Financial tab and supporting filings.