477.30
+0.95%
Close of 9 Nov 2026, in INR
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About Vedant Fashions
Its shares trade on NSE under the ticker MANYAVAR.NS. It has been listed since 16 February 2022. In the fiscal year to 31 March 2026, it reported revenue of ₹14.35bn and net income of ₹3.76bn. At that date it held total assets of ₹28.53bn and shareholders' equity of ₹19.64bn.
Vedant Fashions Ltd. manufactures wedding apparel for men. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2022-02-16. The firm is primarily engaged in manufacturing, trading and sale of readymade ethnic wear for men, women and kids primarily in India under the brand names Manyavar, Mohey, Mebaz, Twamev and Manthan. The firm operates primarily in the manufacturing and trading of readymade garments being Indian wedding and celebration wear for men, women and kids. The Company’s products include men's ethnic and celebration wear items, such as Indo-western, sherwanis, kurtas, and jackets, and accessories, such as jutti, safa and mala, and women’s ethnic and celebration wear items, such as lehengas, sarees, stitched suits, gowns and kurtis. The firm operates through a single segment, branded fashion apparel and accessories. The firm has approximately 600+ stores in over 200 cities and in three countries with 11 international stores in the United Arab Emirates and the United States.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Textiles, Apparel & Luxury Goods
- Listed since
- 16 Feb 2022
- Employees
- 744
- Website
- vedantfashions.com ↗
Leadership
Pay as last reported
- Mr. Ravi ModiExecutive Chairman of the Board, Managing Director, since 2002₹34.8m
- Mr. Rahul MurarkaChief Financial Officer₹9.0m
- Mr. Navin PareekCompliance Officer, Company Secretary₹4.0m
- Mrs. Shilpi ModiWhole-Time Director, since 2002₹23.2m
- Mr. Sunish SharmaNon-Executive Non-Independent Director₹3.0m
- Mr. Manish ChoksiNon-Executive Independent Director₹3.0m
- Ms. Abanti MitraNon-Executive Independent Director₹3.0m
- Mr. Tarun PuriNon-Executive Independent Director₹3.0m
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 83
- Environment
- 85
- Social
- 95
- Governance
- 68
- Direct emissions (scope 1)
- 7.58 t
- Energy emissions (scope 2)
- 906.29 t
- Women in the workforce
- 16.1039%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Manufactures wedding apparel for men with a focus on ethnic and celebration wear.
- Operates through a single segment, branded fashion apparel and accessories.
- Has approximately 600+ stores across over 200 cities and three countries.
Weaknesses
- Relies on a single segment for all operations, which may limit diversification.
- The company is primarily engaged in manufacturing and trading of readymade garments.
- The source description treats the company as untrusted, indicating potential reliability issues.
Opportunities
- Expansion into new markets within India and internationally with existing store presence.
- Growth potential in the Indian wedding and celebration wear market.
- Potential to leverage brand names like Manyavar for further market penetration.
Threats
- Dependence on a single segment may expose the company to market fluctuations.
- The untrusted source description may affect credibility and investor confidence.
- Competition in the Indian wedding and celebration wear market could intensify.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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