On 6 Nov 2026, Virat Industries was priced at ₹400.20, or 94.2× trailing earnings, against an industry P/E of 17.2×, and the shares are 19% below their 52-week high. Its ROCE of 5.1% is the second-lowest among the 7 largest Apparel Manufacturing peers, and sales fell 11% a year over 3 years while net profit grew 45%, though net profit is above operating profit, which points to a one-off gain. The company has almost no debt. It is a small-cap company with a market cap of ₹581 Cr, ranked 17th of 61 Apparel Manufacturing companies by market cap; the shares rose 17% over the past year.
- ₹419.10
- ₹419.10
- ₹400.00
- ₹419.10
- 615
Health check
- ReturnsAhead
+16.7% over a year, better than 5 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSteady
Sales −11.2%, profit +45.0% a year over 3 years.
- ProfitabilityWeak
ROCE 5.1% vs peer median 20.1%.
- Balance sheetSolid
Practically debt-free, Piotroski 6 of 9.
- Red flags3 to check
Return on equity is low at 6.3%.
Small cap
Defensive
Key metrics
- Market cap
- ₹581 Cr
- Small cap
- P/E
- 94.2
- Industry 17.2
- Price to book
- 4.45
- Peers 5.48
- Dividend yield
- 0.00%
- ROE
- 6.3%
- Peers 20.0%
- ROCE
- 5.1%
- Peers 20.1%
- Debt to equity
- 0.00
- Debt ₹0.54 Cr
- EPS (TTM)
- ₹4.25
- Face value ₹10
- OPM (TTM)
- 7.8%
- Net margin 22.4%
- Sales growth
- +9.9%
- Latest quarter vs a year ago
- Profit growth
- +141.3%
- Latest quarter vs a year ago
- Price to sales
- 21.03
- EV/EBITDA 206.1
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 141.3% on a year ago.
Risks to check
- Return on equity is low at 6.3%.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- P/E of 94.2 against an industry P/E of 17.2.
About Virat Industries
Brahm Virat Industries Corporation Limited manufactures and sells dress and sports socks for men, ladies, and children in India. The company offers combed cotton, viscose, wool, organic cotton, acrylic, wool/cashmere, coolmax, marl yarn, cotton/silk, and special yarns. It also provides football socks for many clubs in Europe. The company exports its products to the United Kingdom, Switzerland, the United Arab Emirates, and internationally. The company was…
- Headquarters
- Mumbai
- Employees
- 147
- Sector
- Consumer Cyclical
- ISIN
- INE467D01017
- Website
- viratindustries.com
Price range
- Avg volume (3M)
- 11.7K
- 1-year return
- plus 16.7%
- From 52-week high
- minus 19.1%
Peers · Apparel Manufacturing
| 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% |
| VIRATVirat Industries | 400.20 | minus 4.51% | 581 | 94.2 | 4.45 | 5.1% | 6.3% | 7.8% | −11.2% | 45.0% | 0.00% | plus 16.7% |
| Median of 7 peers | – | 0.00% | 5,004 | 38.9 | 5.48 | 20.1% | 20.0% | 8.9% | 7.2% | 2.9% | 0.17% | −11.5% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 8.6 | 7.2 | 5.8 | 5.1 | 9.5 | |
| 8.3 | 6.5 | 5.6 | 5.5 | 7.9 | |
| 0.3 | 0.7 | 0.3 | −0.4 | 1.5 | |
| 3.5% | 10.2% | 4.7% | −7.2% | 16.0% | |
| 1.1 | 1.8 | 1.5 | 1.9 | 1.4 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 1.2 | 2.4 | 1.6 | 1.4 | 2.8 | |
| 24.9% | 24.6% | 27.8% | 26.9% | 24.9% | |
| 0.9 | 1.8 | 1.2 | 1 | 2.1 | |
| 0.98 | 1.25 | 0.81 | 0.72 | 1.47 |
Profit & loss
- Sales CAGR 3Y
- −11.2%
- Profit CAGR 3Y
- +45.0%
- EPS CAGR 3Y
- +4.5%
- ROE
- 6.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 35.5 | 30.7 | 30 | 24.8 | |
| – | minus 13.4% | minus 2.4% | minus 17.2% | |
| 32.4 | 29.2 | 28.8 | 23.8 | |
| 3.1 | 1.5 | 1.2 | 1.1 | |
| 8.6% | 5.0% | 4.1% | 4.4% | |
| 0.7 | 0.9 | 1 | 5.4 | |
| 0.1 | 0 | 0.1 | 0 | |
| 1.5 | 1.4 | 1 | 0.5 | |
| – | 0.1 | 0 | 0.8 | |
| 2.2 | 1 | 1.2 | 6.7 | |
| 25.6% | 26.7% | 25.4% | 25.9% | |
| 1.6 | 0.8 | 0.9 | 4.9 | |
| – | minus 53.2% | +19.2% | +446.0% | |
| 3.29 | 1.54 | 1.84 | 3.75 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.9 | 4.9 | 4.9 | 14.5 | |
| 20.1 | 20.7 | 21.5 | 116 | |
| 0.2 | 0.8 | 0.6 | 0.5 | |
| 5.5 | 4.9 | 4.6 | 3.4 | |
| 30.6 | 31.4 | 31.7 | 135 | |
| 4.6 | 4.6 | 3.7 | 3.4 | |
| 0 | 0 | 0.5 | 0.5 | |
| 3.3 | 8 | 7.3 | 114 | |
| 22.6 | 18.8 | 20.3 | 16.4 | |
| 30.6 | 31.4 | 31.7 | 135 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −1.7 | 5.2 | −0.8 | 2.5 | |
| 0.3 | −5.4 | 0.9 | −46.8 | |
| −0.7 | 0.5 | −0.3 | 99.7 | |
| −2.1 | 0.4 | −0.3 | 55.5 | |
| −0.3 | −1.5 | −0 | −0.3 | |
| −2 | 3.7 | −0.9 | 2.3 | |
| −0.5 | −0.1 | −0.1 | – |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.