Vardhman Holdings Limited Share Price and Company Fundamentals



Price
₹2925
Change
-6.500 (-0.222%)
52 week
2557.05 - 4680.0

Last traded: Last Friday at 9:59 AM

Vardhman Holdings Limited operates as a non-banking financial company in India. It is primarily involved in the lending and investing activities. The company was formerly known as Vardhman Spinning and General Mills Limited and changed its name to Vardhman Holdings Limited in March 2006. Vardhman Holdings Limited was incorporated in 1962 and is based in Ludhiana, India.

Key Metrics

PE ratio

2.62

PB ratio

0.32

Dividend yield

0.00%

Beta

0.68

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Credit Services / Financial Services
Full time employees 3
Website https://www.vardhman.com
Mailing address Vardhman Premises Chandigarh Road Ludhiana 141010 India
Phone / Fax 91 16 1222 8943 / 91 16 1260 1048

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

0.45%

Vardhman Holdings Limited paid ₹0.00 dividend and the ex-dividend date was 16 Sept 2022.The dividend payout ratio is 0.45%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.VHL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

VHL's forward dividend amount is ₹5 and the forward dividend yield is 0.17%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Vardhman Holdings Limited.

Name Title Age Total Pay
Mr. Shri Paul Oswal Chairman & MD 79 6.41M
Ms. Poorva Bhatia Chief Financial Officer 32
Ms. Swati Mangla Company Sec. & Compliance Officer 31

Profitability and management effectiveness

Profit margin

1,425.32%

Operating margin

83.45%

Return on assets

0.47%

Return on equity

12.94%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Vardhman Holdings Limited is and its enterprise value is .

The VHL's stocks Beta value is 0.68 making it 32% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Vardhman Holdings Limited (NSE:VHL) Frequently Asked Questions

1. What is Vardhman Holdings Limited's Stock Symbol?

Vardhman Holdings Limited trades on NSE under the ticker symbol "VHL".

2. What is Vardhman Holdings Limited's stock price today?

One share of VHL stock can currently be purchased for approximately ₹2925.

3. How can I contact Vardhman Holdings Limited?

Vardhman Holdings Limited's mailing address is Vardhman Premises Chandigarh Road Ludhiana 141010 India. The company can be reached via phone at 91 16 1222 8943.

4. What is Vardhman Holdings Limited's official website?

The official website of Vardhman Holdings Limited is https://www.vardhman.com.