Vaxtex Cotfab (VCL) had a P/E of 5.4× on 6 Nov 2026, below the industry P/E of 17.0×, and the shares are 41% below their 52-week high. Sales fell 45% a year over 3 years while net profit grew 70%; its ROCE of 21% is the highest among the 7 largest Textile Manufacturing peers, though net profit is above operating profit, which points to a one-off gain. Debt is 0.23× equity. It is a small-cap company with a market cap of ₹29 Cr, ranked 184th of 246 Textile Manufacturing companies by market cap; the shares rose 84% over the past year.
- ₹1.57
- ₹1.65
- ₹1.55
- ₹1.62
- 52.4K
Health check
- ReturnsAhead
+84.1% over a year, better than 6 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSteady
Sales −45.0%, profit +69.6% a year over 3 years.
- ProfitabilityStrong
ROCE 21.1% vs peer median 10.7%.
- Balance sheetSolid
Debt 0.23× equity, interest covered 70.2×, Piotroski 7 of 9.
- Red flags4 to check
Quarterly profit down 123.9% on a year ago.
Small cap
Defensive
Key metrics
- Market cap
- ₹29 Cr
- Small cap
- P/E
- 5.4
- Industry 17.0
- Price to book
- 1.30
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 27.1%
- Peers 10.1%
- ROCE
- 21.1%
- Peers 10.7%
- Debt to equity
- 0.23
- Debt ₹5.26 Cr
- EPS (TTM)
- ₹0.29
- Face value ₹1
- OPM (TTM)
- −361.2%
- Net margin 47.1%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- −123.9%
- Latest quarter vs a year ago
- Price to sales
- 2.58
- EV/EBITDA 15.3
Strengths and risks
Strengths
- Return on equity of 27.1%.
- Return on capital employed of 21.1%.
Risks to check
- Quarterly profit down 123.9% on a year ago.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- 41% below its 52-week high.
- Promoter stake down from 16.5% to 0.5%.
About Vaxtex Cotfab
Vaxtex Cotfab Limited manufactures and sells textile products in India. The company processes and trades in suiting, shirting, and denim fabrics made from cotton and polyester blends, as well as fabrics with specialized finishes, including pigment and reactive dyeing. It also provides denim fabrics, home textiles, jeans, men's casual shirts, printed fabrics, and yarns. The company serves international brands, export houses, corporate buyers, domestic…
- Headquarters
- Ahmedabad
- Employees
- 6
- Sector
- Consumer Cyclical
- ISIN
- INE098201036
- Website
- vaxtexcotfabltd.com
Price range
- Avg volume (3M)
- 8.4 L
- 1-year return
- plus 84.1%
- From 52-week high
- minus 41.0%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| VCLVaxtex Cotfab | 1.57 | minus 3.09% | 29 | 5.4 | 1.30 | 21.1% | 27.1% | −361.2% | −45.0% | 69.6% | 0.00% | plus 84.1% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Mar 25 | Jun 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 5.3 | – | 8.9 | – | – | |
| 5.4 | – | 6.6 | – | – | |
| −0.1 | −0.2 | 2.3 | −0.1 | −0.1 | |
| −1.8% | – | 26.1% | – | – | |
| 1.6 | 0.5 | 1.6 | 0.5 | 0 | |
| 0.1 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | – | – | |
| −0.5 | – | – | – | – | |
| 0.9 | 0.2 | 3.9 | 0.4 | −0.1 | |
| −47.7% | – | −2.4% | −99.7% | 25.2% | |
| 1.3 | 0.2 | 3.9 | 0.8 | −0.1 | |
| – | – | – | minus 40.1% | minus 123.9% | |
| 0.07 | 0.01 | 0.21 | 0.04 | -0.00 |
Profit & loss
- Sales CAGR 3Y
- −45.0%
- Profit CAGR 3Y
- +69.6%
- EPS CAGR 3Y
- +42.3%
- ROE
- 27.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 67 | 16.6 | 5.3 | 11.2 | |
| – | minus 75.2% | minus 68.4% | +112.6% | |
| 66.7 | 23 | 5.7 | 9.3 | |
| 0.3 | −6.4 | −0.5 | 1.9 | |
| 0.5% | −38.5% | −9.3% | 17.0% | |
| 0.9 | 0.5 | 1.6 | 3 | |
| 0.6 | 0.1 | 0.1 | 0.1 | |
| 0.3 | 0.2 | 0.1 | 0 | |
| 0.8 | −2.8 | −0.5 | 0.3 | |
| 1.2 | −8.8 | 0.4 | 5.1 | |
| 2.3% | – | −114.7% | −9.2% | |
| 1.1 | −8.8 | 0.9 | 5.5 | |
| – | minus 880.4% | – | +525.3% | |
| 0.10 | -0.59 | 0.05 | 0.30 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 12.6 | 18.4 | 18.4 | 18.4 | |
| 10.9 | 0.4 | −0 | 4.1 | |
| 5.2 | 11.5 | 11.1 | 5.3 | |
| 40.8 | 18.6 | 19 | 9.1 | |
| 69.5 | 48.9 | 48.5 | 36.8 | |
| 3.6 | 1.1 | 1 | 0 | |
| 0.1 | 5.9 | 6.4 | 0.1 | |
| 1.4 | 1.1 | 1.2 | 1.3 | |
| 64.3 | 40.7 | 39.9 | 35.5 | |
| 69.5 | 48.9 | 48.5 | 36.8 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −10.9 | −47.6 | 1.2 | −2.2 | |
| 0.3 | 29.8 | −0.8 | 5.8 | |
| 10.5 | 17.8 | −0.5 | −3.6 | |
| −0.1 | −0.1 | −0 | 0 | |
| −0 | – | – | – | |
| −10.9 | −47.6 | 1.2 | −2.2 |
Shareholding pattern
- Promoters0.50%
- Public99.50%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 0.50% | 99.50% | 0.00 | |
| 30 Jun 2026 | 0.50% | 99.50% | 0.00 | |
| 31 Mar 2026 | 0.50% | 99.50% | minus 0.34 | |
| 31 Dec 2025 | 0.84% | 99.16% | minus 15.63 | |
| 30 Sep 2025 | 16.47% | 83.53% | – |
Major shareholders
Filings & events
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