MANYAVAR
Vedant Fashions Limited (MANYAVAR) Stock Analysis
Vedant Fashions Limited is the parent of Manyavar, India's leading ethnic wear brand for weddings and occasions through exclusive stores and franchises. It designs, sources, and retails menswear and womenswear with high brand recall. Growth is driven by wedding consumption and store expansion. It is listed on Indian stock exchanges.
Consumer Cyclical › Apparel Manufacturing
₹519.90
+3.81% 1W | -25.70% 52W
Market Cap
12.6k CR
P/E Ratio
32.7
52W High
₹698.5
52W Low
₹329.2
Div. Yield
1.51%
Beta
-0.1
50 DMA
₹538.4
200 DMA
₹452.1
Profit Margin
26.5%
Inst. Own.
18.6%
🚀 BREAKOUT
📈 CONSOLIDATING UP
Fundamentals
Profit & Loss
| Metric | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 200 | 385 | 296 | 325 | 247 | 441 | 342 | 312 | 218 | 474 | 363 | 240 | 268 |
| Expenses | 109 | 193 | 152 | 162 | 131 | 217 | 174 | 163 | 125 | 232 | 188 | 127 | 146 |
| Operating Profit | 91 | 191 | 144 | 163 | 115 | 224 | 168 | 148 | 93 | 242 | 175 | 113 | 122 |
| OPM % | 46% | 50% | 49% | 50% | 47% | 51% | 49% | 48% | 43% | 51% | 48% | 47% | 46% |
| Other Income | 9 | 11 | 11 | 7 | 10 | 10 | 13 | 15 | 15 | 15 | 24 | 21 | 19 |
| Interest | 7 | 8 | 9 | 8 | 8 | 7 | 8 | 9 | 11 | 11 | 13 | 14 | 14 |
| Depreciation | 22 | 24 | 27 | 26 | 25 | 25 | 27 | 30 | 32 | 34 | 38 | 37 | 37 |
| Profit before tax | 71 | 171 | 120 | 136 | 93 | 202 | 145 | 124 | 65 | 212 | 148 | 83 | 90 |
| Tax % | 25% | 25% | 26% | 26% | 25% | 26% | 25% | 26% | 25% | 26% | 22% | 25% | 26% |
| Net Profit | 53 | 128 | 89 | 101 | 69 | 150 | 109 | 92 | 49 | 158 | 116 | 62 | 67 |
| EPS in Rs | 2.20 | 5.27 | 3.65 | 4.16 | 2.84 | 6.19 | 4.48 | 3.79 | 2.01 | 6.49 | 4.77 | 2.57 | 2.75 |
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 758 | 801 | 916 | 565 | 1,041 | 1,355 | 1,368 | 1,345 |
| Expenses | 526 | 527 | 522 | 322 | 545 | 684 | 709 | 694 |
| Operating Profit | 232 | 274 | 394 | 243 | 496 | 671 | 658 | 652 |
| OPM % | 31% | 34% | 43% | 43% | 48% | 50% | 48% | 48% |
| Other Income | 11 | 19 | 32 | 60 | 50 | 40 | 70 | 80 |
| Interest | 6 | 4 | 26 | 26 | 28 | 31 | 44 | 52 |
| Depreciation | 10 | 9 | 89 | 96 | 94 | 104 | 135 | 147 |
| Profit before tax | 226 | 280 | 312 | 182 | 423 | 576 | 548 | 533 |
| Tax % | 35% | 35% | 24% | 27% | 26% | 25% | 24% | |
| Net Profit | 148 | 182 | 237 | 133 | 315 | 429 | 414 | 403 |
| EPS in Rs | 5.91 | 7.27 | 9.45 | 5.36 | 12.98 | 17.67 | 17.05 | 16.58 |
| Dividend Payout % | 0% | 0% | 21% | 0% | 39% | 51% | 50% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 34.0% | 11.0% | – |
| Profit CAGR | 46.0% | 18.0% | – |
Shareholding Pattern
Promoters74.95%
FIIs9.88%
DIIs11.10%
Public4.07%
Promoters74.94%
FIIs9.76%
DIIs10.95%
Public4.35%
Promoters74.94%
FIIs9.29%
DIIs12.00%
Public3.77%
Promoters74.94%
FIIs8.28%
DIIs12.62%
Public4.14%
Promoters74.94%
FIIs7.95%
DIIs13.19%
Public3.92%
Promoters84.87%
FIIs3.41%
DIIs9.88%
Public1.83%
Promoters74.97%
FIIs8.13%
DIIs12.64%
Public4.27%
Promoters74.95%
FIIs10.14%
DIIs10.59%
Public4.31%
Promoters74.94%
FIIs8.28%
DIIs12.62%
Public4.14%
Promoters74.94%
FIIs7.95%
DIIs13.19%
Public3.92%
MANYAVAR
Holdings Analysis
Key strengths & risk signals
65
Overall
62
Fundamental
69
Technical
Risks (3)
Cannot calculate PEG - insufficient growth data.
POOR YEAR! Stock declined 25.7% in the last year.
RECOVERY MODE! Current price (519.9) above 200-day but below 50-day.
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH TREND! 50-day average (538.4) is above 200-day average (452.1) - positive signal.
BREAKOUT! Stock has broken above resistance levels with momentum.
LOW VOLATILITY! Beta of -0.10 - stable stock, less market risk.
Fundamental & Technical Analysis
65Overall
62Fundamental
69Technical
Fundamental Breakdown
Growth Quality
7/30
Revenue CAGR: 1.9% (SLOW, 5/15). Profit CAGR: -4.3% (DECLINING, 2/15).
Profit Margin
9/10
EXCELLENT EFFICIENCY! 26.5% profit margin - company keeps strong profits.
PEG Valuation
1/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
5/10
LOW DIVIDEND! 1.51% yield - minimal income contribution.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.27 - excellent financial health.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 3.16% public ownership - strong promoter/institutional control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (538.4) is above 200-day average (452.1) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (519.9) above 200-day but below 50-day.
Trend Pattern
20/20
BREAKOUT! Stock has broken above resistance levels with momentum.
52W Performance
1/10
POOR YEAR! Stock declined 25.7% in the last year.
Volume Sentiment
20/30
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 320,435 vs down days: 312,364. Ratio: 1.03x
RSI
3/5
NEUTRAL! RSI at 49.8 - balanced momentum.
52W Range
3/5
MID RANGE! Trading at 51.6% of 52W range - neutral zone.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - 3.8% (1 week), -6.3% (1 month), 30.2% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of -0.10 - stable stock, less market risk.
MANYAVAR
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-02 | Concall PDF | |
| Q4FY262026-05-14 | Concall PDF | |
| Q3FY262026-02-19 | Concall PDF | |
| Q2FY262025-11-06 | Concall PDF |
Peer Comparison
Consumer Cyclical · Apparel Manufacturing · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MANYAVAR | ₹519.90 | 32.7 | 26.5% | 1.9% | -4.3% | -25.7% | 65 | BREAKOUT | +14.7% | -29.5% | +7.2% | -24.5% |
| PGIL | ₹1,289.20 | 38.4 | 5.8% | 17.5% | 23.0% | +87.4% | 83 | BREAKOUT | +48.2% | +20.6% | +24.5% | +16.3% |
| ABFRL | ₹44.80 | – | -9.3% | -13.0% | – | -46.4% | 45 | CONSOLIDATING DOWN | +1.5% | +45.0% | +10.6% | +1.8% |
| GOKEX | ₹716.20 | 53.7 | 2.5% | 20.9% | -16.7% | -15.1% | 51 | BREAKDOWN | +6.7% | +23.1% | +20.7% | +7.9% |
| RAYMONDLSL | ₹574.20 | 80.6 | 0.6% | 276.1% | 8.6% | -51.8% | 54 | BREAKDOWN | +14.1% | -56.6% | +5.9% | -14.7% |
| LUXIND | ₹1,177.90 | 34.6 | 3.5% | 7.2% | -9.9% | -9.0% | 65 | BREAKOUT | -6.4% | -49.7% | +0.5% | -30.5% |
| SBC | ₹63.30 | 74.5 | 6.6% | 27.2% | 54.1% | +175.5% | 82 | BREAKOUT | +269.2% | +17.1% | +67.0% | -14.5% |
| KKCL | ₹448.10 | 18.8 | 11.8% | 15.8% | 6.0% | -14.5% | 65 | BOUNCE FROM SUPPORT | +22.6% | +22.6% | +19.2% | -13.8% |
Data from TradeAlone · Updated daily
MANYAVAR News
Vedant Fashions Limited (NSE: MANYAVAR) breaks out, moves up 5% intraday2026-08-07Vedant Fashions Limited (NSE: MANYAVAR) clears resistance, moves up 10% intraday2026-08-04Vedant Fashions Limited (NSE: MANYAVAR) breaks out, gains 6% intraday2026-08-04Vedant Fashions Limited (NSE: MANYAVAR) gains 5% intraday2026-07-28Vedant Fashions Limited (NSE: MANYAVAR) clears resistance, moves up 5% intraday2026-07-21
