GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
V

Vardhman Holdings VHL.NS · INR

Financials · NSE · 🇮🇳 India

Compare

3,481.30

+2.39%

Close of 9 Nov 2026, in INR

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2025

Net income

₹2.58bn

FY2016FY2025

Total assets

₹35.41bn

FY2016FY2025

Shareholders' equity

₹35.40bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating income₹166.0m₹105.7m₹15.3m₹300.3m₹175.2m₹64.7m₹60.9m₹243.5m₹654.3m₹90.9m
Net income₹2.58bn₹1.85bn₹2.28bn₹4.29bn₹1.30bn₹1.60bn₹2.02bn₹1.79bn₹3.03bn₹1.59bn
Diluted earnings per share808.40579.28715.751,340.87404.71499.09630.71558.34947.53495.56

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets₹35.41bn₹32.98bn₹31.01bn₹27.77bn₹23.07bn₹21.30bn₹20.03bn₹18.25bn₹16.18bn₹12.49bn
Cash and short-term investments₹14.4m₹37.4m₹39.1m₹26.0m₹764.0m₹47.0m₹22.0m₹16.0m₹12.0m₹6.0m
Total liabilities₹5.3m₹6.0m₹11.0m₹7.0m₹15.0m₹41.0m₹55.0m₹30.0m₹28.0m₹20.0m
Shareholders' equity₹35.40bn₹32.97bn₹31.00bn₹27.77bn₹23.06bn₹21.26bn₹19.98bn₹18.22bn₹16.15bn₹12.47bn
Shares outstanding3m3m3m3m3m3m3m3m3m3m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Operating income₹105.9m−₹900,000₹57.2m₹28.6m₹37.0m₹49.1m₹51.6m₹48.8m
Net income₹980.8m₹536.2m₹537.1m₹461.2m₹625.8m₹697.3m₹657.6m₹493.8m
Diluted earnings per share307.32168.01168.28144.50196.07218.48206.02154.70
Total assets—₹37.69bn—₹37.51bn—₹35.41bn—₹35.20bn
Cash and short-term investments₹15.0m₹15.0m₹15.5m₹15.5m₹15.2m₹1.19bn₹15.1m₹15.1m
Shareholders' equity₹37.66bn₹37.66bn₹37.36bn₹37.36bn₹35.40bn₹35.40bn₹35.06bn₹35.06bn

Financial ratios

Data as of 5 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2011FY2010
Operating margin85.6%153.1%158.4%13.7%219.8%137.2%————
Net margin1530.9%1949.6%2180.6%935.7%3043.4%947.2%————
Return on equity5.7%7.3%5.6%7.4%15.5%5.6%————
Return on assets5.7%7.3%5.6%7.4%15.4%5.6%————
Revenue growth6.6%56.1%-65.3%73.2%3.1%-34.1%————
Earnings growth-16.3%39.6%-19.1%-46.8%231.3%-18.9%————
Current ratio26.04x237.55x153.77x66.24x327.40x83.91x————
Debt to equity—0.00x0.00x0.00x0.00x0.00x0.00x———
Equity ratio99.9%100.0%100.0%100.0%100.0%99.9%————
Interest coverage241.60x———2625.61x0.16x0.05x—151.51x332.48x
R&D as a share of sales——0.0%0.0%0.0%0.0%0.0%0.0%——
Buybacks as a share of market value0.0%0.0%-0.0%0.0%0.0%-0.0%————

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-11.7%12.9%-2.8%
Operating income-17.9%20.7%-5.4%
Net income-15.6%10.1%23.9%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin72.1%76.6%76.0%84.4%
Net margin1175.5%1435.6%1276.3%881.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings4.47.64.42.27.32.92.14.15.33.6
Price to sales50.194.6170.928.248.036.746.426.423.944.5

Dividends and splits

Per share, in the currency the company pays

Paid for 5 years. Last went ex-dividend on 12 Sept 2025.

FY2026FY2025FY2024FY2023FY2022FY2020FY2019FY2018
Paid in the year5.005.005.005.005.005.005.005.00

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.