Vedant Fashions (MANYAVAR)₹477.30−1.21%Speciality Retail
In the Jun 2026 quarter (standalone), Vedant Fashions reported sales of ₹301 Cr, up 7.1% from Jun 2025, and net profit of ₹81.24 Cr, up 15.7% year on year. For the year to Mar 2026, sales were ₹1,436 Cr and net profit ₹378 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 218 | 474 | 363 | 240 | 268 | 512 | 367 | 281 | 263 | 493 | 399 | 301 |
| Expenses | 125 | 232 | 188 | 127 | 146 | 269 | 202 | 161 | 152 | 274 | 221 | 170 |
| Operating Profit | 93.08 | 242 | 175 | 113 | 122 | 242 | 166 | 121 | 111 | 218 | 179 | 131 |
| OPM % | 43.0% | 50.9% | 47.9% | 46.9% | 46.0% | 47.0% | 45.0% | 42.9% | 41.9% | 44.0% | 45.0% | 42.9% |
| Other Income | 14.99 | 15.02 | 24.03 | 21.02 | 19.01 | 21.99 | 22.01 | 26.02 | 20.03 | 21.02 | 26.02 | 29.99 |
| Interest | 10.98 | 10.97 | 12.97 | 13.97 | 13.97 | 13.97 | 13.96 | 13.97 | 14.97 | 13.97 | 12.97 | 12.97 |
| Depreciation | 32.03 | 34.07 | 38.04 | 37.07 | 37.07 | 39.07 | 39.07 | 40.08 | 42.10 | 44.07 | 44.05 | 42.08 |
| Profit before tax | 65.27 | 213 | 149 | 83.25 | 90.35 | 213 | 136 | 93.36 | 74.24 | 182 | 148 | 106 |
| Tax % | 25.0% | 26.0% | 22.0% | 25.0% | 26.0% | 25.0% | 25.0% | 24.0% | 24.0% | 26.0% | 23.0% | 24.0% |
| Net Profit | 49.16 | 159 | 116 | 62.22 | 67.24 | 159 | 101 | 70.21 | 56.19 | 136 | 114 | 81.24 |
| EPS (Rs) | 2.03 | 6.51 | 4.79 | 2.58 | 2.76 | 6.53 | 4.17 | 2.90 | 2.32 | 5.57 | 4.72 | 3.33 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 504 | 596 | 760 | 794 | 916 | 542 | 1,009 | 1,326 | 1,369 | 1,387 | 1,436 | 1,456 |
| Expenses | 355 | 423 | 527 | 522 | 518 | 307 | 529 | 669 | 710 | 745 | 808 | 818 |
| Operating Profit | 150 | 173 | 234 | 274 | 398 | 235 | 480 | 658 | 658 | 643 | 628 | 639 |
| OPM % | 29.9% | 28.9% | 30.9% | 33.9% | 43.9% | 43.0% | 48.0% | 49.9% | 47.9% | 46.0% | 44.0% | 43.9% |
| Other Income | 2.01 | 3.01 | 10.01 | 19.01 | 32.04 | 58.05 | 48.99 | 37.02 | 70.09 | 85.05 | 94.08 | 97.06 |
| Interest | 5.99 | 4.99 | 5.98 | 3.99 | 24.93 | 24.95 | 26.93 | 29.94 | 43.91 | 54.85 | 55.88 | 54.88 |
| Depreciation | 7.01 | 8.01 | 10.02 | 8.02 | 82.16 | 89.14 | 88.19 | 97.17 | 135 | 153 | 170 | 172 |
| Profit before tax | 139 | 165 | 230 | 281 | 324 | 178 | 416 | 568 | 550 | 522 | 498 | 511 |
| Tax % | 35.0% | 35.0% | 35.0% | 35.0% | 24.0% | 27.1% | 25.0% | 25.0% | 24.0% | 25.0% | 24.0% | — |
| Exceptional items | 0.00 | 0.99 | 0.00 | 0.00 | 4.98 | 2.99 | 4.98 | 5.98 | 13.94 | 10.95 | 0.00 | — |
| Net Profit | 90.31 | 106 | 150 | 183 | 246 | 132 | 309 | 424 | 415 | 390 | 378 | 387 |
| EPS (Rs) | 76.35 | 89.80 | 11.98 | 14.61 | 19.63 | 10.59 | 12.74 | 17.47 | 17.11 | 16.04 | 15.51 | 15.94 |
| Dividend payout % | 12.9% | 0.0% | 0.0% | 0.0% | 20.0% | 0.0% | 39.0% | 52.0% | 50.0% | 50.0% | 50.0% | — |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.96 | 11.98 | 22.92 | 24.97 | 24.97 | 24.91 | 23.95 | 23.95 | 23.96 | 23.96 | 23.99 |
| Reserves | 220 | 316 | 681 | 864 | 1,049 | 1,072 | 1,057 | 1,367 | 1,575 | 1,759 | 1,936 |
| Borrowings | 21.95 | 8.98 | 12.96 | 0.00 | 234 | 204 | 262 | 293 | 443 | 482 | 458 |
| Other Liabilities | 109 | 155 | 222 | 258 | 282 | 322 | 404 | 475 | 464 | 479 | 433 |
| Total Liabilities | 364 | 492 | 939 | 1,147 | 1,590 | 1,621 | 1,748 | 2,159 | 2,506 | 2,746 | 2,851 |
| Fixed Assets | 104 | 141 | 315 | 251 | 481 | 444 | 493 | 517 | 661 | 686 | 658 |
| CWIP | 3.01 | 5.02 | 1.01 | 2.01 | 0.00 | 0.00 | 0.00 | 2.01 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 138 | 195 | 371 | 553 | 524 | 792 | 958 | 1,051 | 1,214 |
| Other Assets | 257 | 345 | 485 | 699 | 737 | 624 | 731 | 848 | 887 | 1,009 | 979 |
| Inventories | 86.27 | 97.33 | 88.23 | 90.32 | 115 | 100 | 142 | 173 | 139 | 203 | 146 |
| Trade receivables | 107 | 188 | 322 | 337 | 392 | 367 | 396 | 474 | 566 | 620 | 652 |
| Cash & equivalents | 1.99 | 0.99 | 4.99 | 119 | 68.75 | 6.98 | 2.99 | 7.97 | 21.93 | 16.94 | 10.97 |
| Total Assets | 364 | 492 | 939 | 1,147 | 1,590 | 1,621 | 1,748 | 2,159 | 2,506 | 2,746 | 2,851 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 36.89 | 51.84 | 178 | 250 | 252 | 340 | 458 | 481 | 388 | 479 |
| Cash from investing activity | −21.93 | −278 | −164 | −106 | −89.66 | 61.80 | −227 | −110 | −15.93 | −102 |
| Cash from financing activity | −15.96 | 223 | −12.97 | −138 | −165 | −405 | −225 | −361 | −376 | −385 |
| Net cash flow | 0.00 | −3.98 | 0.99 | 6.98 | −1.99 | −2.99 | 4.98 | 11.96 | −3.99 | −5.97 |
| Capex | 79.93 | 158 | 8.99 | 11.98 | 11.98 | 1.99 | 4.99 | 3.99 | 2.99 | 11.98 |
| Free cash flow | 15.02 | −94.23 | 173 | 239 | 263 | 353 | 465 | 485 | 389 | 471 |
| CFO / OP % | 58.0% | 53.0% | 100.0% | 82.0% | 122.0% | 93.0% | 92.0% | 93.0% | 80.0% | 96.0% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 78 | 115 | 155 | 155 | 156 | 247 | 143 | 130 | 151 | 163 | 166 |
| Inventory days | 290 | 265 | 130 | 146 | 172 | 274 | 206 | 190 | 138 | 209 | 124 |
| Days payable | 108 | 93 | 64 | 98 | 73 | 133 | 100 | 93 | 89 | 106 | 54 |
| Cash conversion cycle | 261 | 289 | 221 | 204 | 256 | 389 | 250 | 228 | 200 | 266 | 237 |
| Working capital days | 93 | 149 | 149 | 148 | 135 | 172 | 101 | 85 | 105 | 126 | 254 |
| ROCE % | — | 57.0% | 44.0% | 35.0% | 31.0% | 15.0% | 33.0% | 39.0% | 31.0% | 26.0% | 24.0% |
For the Jun 2026 quarter, Vedant Fashions reported sales of ₹301 Cr, up 7.1% year on year and net profit of ₹81.24 Cr, up 15.7% year on year. The operating margin was 42.9%.
Vedant Fashions' sales for the year to Mar 2026 were ₹1,436 Cr; over the last twelve months they were ₹1,456 Cr.
Net profit for the year to Mar 2026 was ₹378 Cr, and ₹387 Cr over the last twelve months. Earnings per share over the same trailing period were ₹15.94.
Vedant Fashions reported borrowings of ₹458 Cr at Mar 2026, against cash and equivalents of ₹10.97 Cr.
Cash from operations was ₹479 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹471 Cr.