Vedant Fashions share price, P/E, ROE & financials

As of 6 Nov 2026, Vedant Fashions trades at 29.8× trailing earnings, above the industry P/E of 17.2×, and the shares are 26% below their 52-week high. Sales grew 1.9% a year over 3 years while net profit fell 4.3%, with ROCE of 22% and ROE of 20%. Debt is 0.20× equity, and its dividend yield is 1.6%. It is a small-cap company with a market cap of ₹11,488 Cr, ranked 3rd of 61 Apparel Manufacturing companies by market cap; the shares fell 22% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹501.00
Day high: ₹501.00
Day low: ₹465.10
Prev. close: ₹505.70
Volume: 2.7 L

Health check

1 good · 1 fair · 4 to check

ReturnsBehind
−21.6% over a year, better than 2 of 7 peers.
Price tagPricier
P/E 29.8 vs industry 17.2.
GrowthSlow
Sales +1.9%, profit −4.3% a year over 3 years.
ProfitabilityStrong
ROCE 22.3% vs peer median 9.3%.
Balance sheetFair
Debt 0.20× equity, interest covered 9.8×, Piotroski 5 of 9.
Red flags1 to check
P/E of 29.8 against an industry P/E of 17.2.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Apparel Manufacturing

60 listed peers. Screen the industry

Small cap

₹11,488 Cr, #3 of 61 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹1,469 Cr · profit ₹386 Cr

Market cap: ₹11,488 Cr; Small cap
P/E: 29.8; Industry 17.2
Price to book: 5.48; Peers 2.32
Dividend yield: 1.64%
ROE: 20.2%; Peers 5.9%
ROCE: 22.3%; Peers 9.3%
Debt to equity: 0.20; Debt ₹411 Cr
EPS (TTM): ₹15.88; Face value ₹1
OPM (TTM): 43.3%; Net margin 26.3%
Sales growth: +11.2%; Latest quarter vs a year ago
Profit growth: 0.0%; Latest quarter vs a year ago
Price to sales: 7.82; EV/EBITDA 24.1

Strengths

Return on equity of 20.2%.
Return on capital employed of 22.3%.
Net margin of 26.3%.
Positive operating cash flow in each of the last 4 years.

Risks to check

P/E of 29.8 against an industry P/E of 17.2.

Derived automatically from reported figures. Not a recommendation.

About Vedant Fashions

Vedant Fashions Limited engages in the manufacture, trading, and sale of wedding and celebration wear in India, Nepal, the United States, Canada, the United Arab Emirates, the United Kingdom, and internationally. The company offers kurta sets, indo-western, sherwani sets, jackets, accessories, jodhpuris suits, and short kurtas for men; lehengas, sarees, stitched suits, crop top lehengas, gowns, and accessories for women; and kurta sets, jacket sets, and…

Headquarters: Kolkata
Employees: 684
Sector: Consumer Cyclical
ISIN: INE825V01034
Website: vedantfashions.com

Price range

52 weeks

₹329.20₹642.70

Today

₹465.10₹501.00

Avg volume (3M): 3.5 L
1-year return: minus 21.6%
From 52-week high: minus 26.4%

Analyst consensus

9 analysts

BuyMean target ₹506.22 7.1%

Target range, with today’s price

Low ₹372.00High ₹640.00

Consensus from Yahoo Finance. Not a recommendation.

Peers · Apparel Manufacturing

Compare with peers Screen the whole industry

Company
PAGEINDPage Industries	35,930.00	plus 1.15%	40,076	53.0	26.67	61.5%	52.5%	21.4%	3.8%	10.2%	2.23%	minus 11.5%
PGILPearl Global Industries	1,338.80	0.00%	12,368	39.9	8.46	20.1%	21.2%	9.0%	17.5%	23.0%	0.54%	plus 105.8%
MANYAVARVedant Fashions	472.80	minus 6.51%	11,488	29.8	5.48	22.3%	20.0%	44.0%	1.9%	−4.3%	1.64%	minus 21.6%
GOKEXGokaldas Exports	682.95	minus 7.32%	5,004	37.8	2.32	8.9%	4.7%	8.2%	20.9%	−16.7%	0.00%	minus 14.5%
ABFRLAditya Birla Fashion and Retail	39.02	minus 6.61%	4,748	–	0.91	−3.2%	−12.3%	8.9%	−13.0%	–	0.00%	minus 50.3%
LUXINDLux Industries	1,162.40	plus 0.41%	3,496	34.1	1.86	9.3%	5.9%	6.4%	7.2%	−9.9%	0.17%	minus 7.5%
SBCSBC Exports	68.70	plus 2.86%	3,271	80.8	32.48	36.4%	41.5%	8.7%	27.2%	54.1%	0.00%	plus 176.0%
RAYMONDLSLRaymond Lifestyle	530.60	minus 1.56%	3,232	90.4	0.34	2.8%	0.4%	8.3%	276.0%	8.6%	0.19%	minus 54.1%
Median of 7 peers	–	0.00%	4,748	46.5	2.32	9.3%	5.9%	8.7%	17.5%	9.4%	0.17%	−11.5%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Dec 25	Mar 26	Jun 26	Sep 26
281	492	399	301	269
161	274	221	170	164
121	218	179	131	105
42.9%	44.4%	44.8%	43.5%	39.0%
25.8	21.4	26.3	29.7	23.3
14.1	14	13.2	13	12.8
39.8	44.2	43.9	42.2	41.4
92.5	181	148	106	74.1
24.1%	25.6%	22.8%	23.6%	24.2%
70.3	135	114	80.6	56.2
2.89	5.55	4.70	3.32	2.31

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +1.9%
Profit CAGR 3Y: −4.3%
EPS CAGR 3Y: −4.4%
ROE: 20.2%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1,353	1,365	1,384	1,433
–	+0.9%	+1.4%	+3.5%
681	705	740	802
672	660	644	631
49.6%	48.3%	46.5%	44.0%
9.5	16	27	39.7
31.5	44.5	55.2	56.3
104	135	153	170
29.8	51.7	56.5	50.9
576	548	519	496
25.5%	24.5%	25.2%	24.3%
429	414	388	376
–	minus 3.5%	minus 6.2%	minus 3.3%
17.68	17.04	15.98	15.45

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
24.3	24.3	24.3	24.3
1,376	1,578	1,762	1,940
293	444	483	458
473	462	477	431
2,166	2,508	2,747	2,853
414	502	527	498
63.9	5.5	5.3	4.6
169	355	342	688
644	634	726	537
875	1,012	1,147	1,125
2,166	2,508	2,747	2,853

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
470	483	389	481
−232	−110	−15.9	−102
−232	−362	−377	−386
6.1	12	−4.5	−6.1
−4.5	−4	−3.1	−12.3
465	479	385	469
−121	−218	−206	−194

Shareholding pattern

Source: NSE filings

74.9%

promoters

Promoters74.94%
Public25.06%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	74.94%	25.06%	0.00
30 Jun 2026	74.94%	25.06%	0.00
31 Mar 2026	74.94%	25.06%	0.00
31 Dec 2025	74.94%	25.06%	minus 0.01
30 Sep 2025	74.95%	25.05%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you