VTM quarterly results and financials

VTM (BSE 532893)₹41.53−2.14%(25 Sept 2026 close)Other Textile Products

Key facts

In the Mar 2026 quarter (standalone), VTM reported sales of ₹110 Cr, up 1.3% from Mar 2025, and net profit of ₹0.89 Cr, down 92.7% year on year. For the year to Mar 2026, sales were ₹373 Cr and net profit ₹10.97 Cr.

Sales (Mar 2026): ₹110 Cr
Net profit (Mar 2026): ₹0.89 Cr
Sales (FY Mar 2026): ₹373 Cr
Net profit (FY Mar 2026): ₹10.97 Cr
EPS (Mar 2026): ₹0.08
Borrowings (Mar 2026): ₹75.11 Cr

Company filings, standalone accounts; latest reported quarter Mar 2026

VTM quarterly results

₹ crore unless stated; each column is a quarter.

VTM Quarterly results
	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	46.21	47.33	51.11	63.87	59.24	73.35	104	109	72.17	90.13	100	110
Expenses	39.37	38.80	44.10	59.44	50.77	59.63	76.51	90.05	63.39	84.63	92.71	103
Operating Profit	6.66	8.35	6.86	4.13	8.26	13.35	26.81	18.44	8.42	5.01	7.03	7.26
OPM %	14.4%	17.6%	13.4%	6.5%	14.0%	18.2%	25.9%	16.9%	11.7%	5.5%	7.0%	6.6%
Other Income	2.65	1.67	1.47	1.52	1.35	2.09	0.52	0.91	0.88	1.17	0.87	−2.49
Interest	0.29	0.14	0.26	0.30	0.19	0.29	0.36	1.00	0.39	0.41	0.43	0.59
Depreciation	2.56	2.63	2.07	1.60	2.28	2.33	2.32	2.51	2.78	2.84	2.83	2.86
Profit before tax	6.47	7.26	6.01	3.76	7.17	12.85	24.67	15.88	6.12	2.92	4.63	1.33
Tax %	20.5%	30.6%	23.1%	5.8%	26.7%	23.8%	26.1%	23.2%	24.5%	20.2%	27.0%	32.5%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	−1.99
Net Profit	5.11	5.03	4.60	3.51	5.22	9.75	18.16	12.15	4.59	2.31	3.37	0.89
EPS (Rs)	0.50	0.49	0.47	0.34	0.53	0.96	1.82	1.20	0.47	0.22	0.35	0.08

VTM profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

VTM Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	154	150	165	160	161	143	194	210	208	346	373	373
Expenses	140	140	150	145	144	126	171	192	181	277	343	343
Operating Profit	13.99	10.99	13.99	14.98	15.99	15.99	22.98	17.01	25.99	66.96	27.99	27.72
OPM %	9.0%	7.0%	9.0%	9.0%	9.9%	11.0%	12.0%	8.0%	12.0%	18.9%	7.0%	7.4%
Other Income	5.01	9.01	5.01	7.01	9.01	5.01	5.01	6.01	7.01	5.01	0.00	0.43
Interest	0.00	1.01	1.01	1.01	1.01	1.01	1.01	1.01	1.01	2.01	2.01	1.82
Depreciation	4.99	6.99	7.01	6.99	7.99	7.99	9.01	9.99	8.99	9.01	10.99	11.31
Profit before tax	14.03	12.02	12.01	14.02	16.01	12.01	18.02	12.02	23.04	61.08	15.01	15.00
Tax %	32.9%	33.9%	34.9%	26.9%	26.0%	20.9%	17.9%	25.9%	21.9%	25.0%	24.9%	—
Exceptional items	1.99	0.00	2.99	2.01	1.99	1.99	2.99	2.99	3.99	2.99	−1.99	−1.99
Net Profit	8.98	7.99	7.98	9.98	11.98	9.98	14.97	8.98	17.96	44.92	10.97	11.16
EPS (Rs)	0.94	0.83	0.76	1.03	1.21	0.98	1.49	0.90	1.81	4.50	1.10	1.12
Dividend payout %	32.1%	37.1%	39.1%	35.1%	30.0%	25.1%	24.1%	31.1%	22.1%	9.1%	67.1%	—

VTM balance sheet

₹ crore, at each year end.

VTM Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	3.99	4.00	3.99	3.99	3.99	3.99	3.99	3.99	3.98	3.99	3.99	9.97
Reserves	115	121	175	182	193	199	215	231	241	260	303	306
Borrowings	7.02	4.01	10.02	11.03	8.02	10.02	10.02	7.02	4.01	4.01	41.09	75.11
Other Liabilities	12.06	12.05	21.02	17.07	15.01	23.89	19.90	22.96	19.90	30.85	35.17	58.20
Total Liabilities	139	141	210	215	221	237	249	265	269	298	384	449
Fixed Assets	47.14	44.09	91.25	85.18	88.17	96.20	99.32	97.29	95.16	98.16	108	123
CWIP	1.99	2.99	0.00	6.99	0.00	0.00	2.99	0.00	0.00	0.99	1.99	1.99
Investments	33.93	0.00	68.94	24.94	64.93	78.87	84.86	89.92	106	87.84	66.86	71.86
Other Assets	56.21	94.30	50.15	96.40	68.27	62.18	62.19	78.33	69.28	112	206	252
Inventories	22.99	22.98	20.99	22.99	27.96	29.98	23.99	41.95	31.95	57.99	95.86	152
Trade receivables	17.03	23.02	20.03	26.03	24.03	17.03	17.02	16.02	14.02	25.03	74.11	51.11
Cash & equivalents	9.01	41.04	2.01	39.08	4.01	2.01	3.01	2.01	3.01	2.01	3.01	4.01
Total Assets	139	141	210	215	221	237	249	265	269	298	384	449

VTM cash flow

₹ crore, for each year.

VTM Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−3.01	33.05	17.04	1.01	10.03	25.04	11.02	7.01	22.03	−12.04	−38.11	1.01
Cash from investing activity	−4.99	−1.99	−60.80	4.98	−2.99	−19.95	−8.97	−0.99	−12.95	15.96	7.97	−22.94
Cash from financing activity	0.99	0.99	3.99	−3.99	−6.99	−6.99	−1.01	−7.01	−6.99	−4.99	31.01	21.99
Net cash flow	−7.02	32.09	−39.10	3.01	−1.01	−2.01	1.01	−1.01	2.01	−2.01	2.01	0.00
Capex	3.29	3.90	21.59	8.13	3.13	16.41	13.99	4.46	7.92	12.55	21.79	26.11
Free cash flow	−5.99	28.99	2.99	−5.99	8.99	11.99	−1.99	3.99	14.98	−24.99	−58.91	−23.99
CFO / OP %	2.0%	280.9%	177.0%	37.9%	84.9%	181.9%	86.9%	52.9%	143.9%	−25.1%	−39.1%	37.9%

VTM ratios

Working-capital days and returns, by year.

VTM Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	38	56	50	57	55	38	44	31	24	44	78	50
Inventory days	72	82	74	74	94	102	91	116	76	168	185	237
Days payable	6	6	14	10	5	28	5	24	12	46	26	56
Cash conversion cycle	102	129	107	119	142	109	127	121	86	164	235	229
Working capital days	78	107	90	103	114	90	111	108	85	144	140	119
ROCE %	8.0%	9.0%	8.0%	5.0%	6.0%	7.0%	5.0%	6.0%	4.0%	7.0%	19.0%	5.0%

VTM: frequently asked questions

What are the latest quarterly results of VTM?

For the Mar 2026 quarter, VTM reported sales of ₹110 Cr, up 1.3% year on year and net profit of ₹0.89 Cr, down 92.7% year on year. The operating margin was 6.6%.

What is the annual revenue of VTM?

VTM's sales for the year to Mar 2026 were ₹373 Cr; over the last twelve months they were ₹373 Cr.

What is the net profit of VTM?

Net profit for the year to Mar 2026 was ₹10.97 Cr, and ₹11.16 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.12.

How much debt does VTM have?

VTM reported borrowings of ₹75.11 Cr at Mar 2026, against cash and equivalents of ₹4.01 Cr.

What is the free cash flow of VTM?

Cash from operations was ₹1.01 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹23.99 Cr.

Loading…