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Virat Industries Ltd (530521)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530521 NSE: Textile | Small Cap | Virat Industries Share Price

₹421.65 -19.30 (-4.38%)

As on 04-Jun'26 16:59

Virat Industries Ltd (530521)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530521 NSE: Textile | Small Cap | Virat Industries Share Price

₹421.65 -19.30 (-4.38%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹612 Cr.
Current Price
₹421.7
52-Week Low / High
₹293 / 883
TTM EPS
₹3.4
TTM Sales
₹26.8 Cr.
Book Value per Share
₹90
P/E Ratio
123.99
Higher than its 5-year historical median
Industry PE
36.6
Price to Book (P/B)
4.68
Higher than its 5-year historical median
Price to Sales (P/S)
22.86
Higher than its 5-year historical median
EV/EBITDA
68.83
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
3.47%
Underperforms industry median
Return on Capital Employed (ROCE)
4.79%
Underperforms industry median
Return on Assets (ROA)
2.91%
Operating Profit Margin
3.9%
Net Profit Margin
2.86%
Gross Profit Margin
7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-2.44%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
-21.29%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
18.42%
Asset Quality
Promoter Holding
74.55%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹116 Cr.
Equity
₹14.5 Cr.
Face Value
₹10
All Time Low / High
₹0.45 / 883.20

Virat Industries stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Weak
Q.1 Is Virat Industries Ltd a good quality company?
Virat Industries Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Virat Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Virat Industries Ltd vs industry peers?
Virat Industries Ltd revenue CAGR is 3.70%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Virat Industries Ltd?
Promoters hold 74.55% of the Virat Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Virat Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 18.7% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Virat Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 30.8%29.8%24.5%5.4%9.4%4.3%7.5%9.1%4.2%4.8%-
Value Creation
Index
1.21.10.8-0.6-0.3-0.7-0.5-0.4-0.7-0.7-

Growth Parameters

Sales 25.825.734.124.126.419.624.737.732.431.627
Sales YoY Gr.--0.3%32.8%-29.2%9.3%-25.9%26.1%52.8%-14%-2.4%-
Adj EPS 5.95.95.11.32.512.42.80.613.4
YoY Gr.-0.9%-14.7%-73.7%84.2%-59.6%141.4%15.5%-77.5%62.9%-
BVPS (₹) 30.137.541.541.144.145.848.550.852.153.790
Adj Net
Profit
2.92.92.50.71.20.51.21.40.30.55
Cash Flow from Ops. 5.21.71.63.21.54.20.1-1.75.2-0.8-
Debt/CF from Ops. 0.10.31.30.210.14.9-0.10.2-0.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 2.3%3.7%8.7%-2.4%
Adj EPS -17.8%-16.2%-25%62.9%
BVPS6.7%4%3.5%3.2%
Share Price 14.7% 61.6% 25.6% -13.6%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
20.617.512.83.25.82.25.15.61.21.94.7
Op. Profit
Mgn %
2019.915.112.212.110.711.78.14.83.93.6
Net Profit
Mgn %
11.211.47.32.74.62.54.83.60.91.618.4
Debt to
Equity
0.100.100.1000000
Working Cap
Days
169186149198184244203182227222976
Cash Conv.
Cycle
58676598113169145126154149943

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales26263424262025383232
Operating Expenses + 21212921231722353130
Manufacturing Costs55746341077
Material Costs88131010810151513
Employee Cost 4455555566
Other Costs 3343323444
Operating Profit 5553323321
Operating Profit Margin (%) 19.8%19.1%15.0%11.9%12.1%10.7%11.7%8.1%4.8%3.9%
Other Income + 1220110111
Exceptional Items 0000000000
Interest 0000000000
Depreciation 1122222211
Profit Before Tax 4551212211
Tax 1210100100
Profit After Tax 3431111211
PAT Margin (%) 11.7%13.7%10.2%2.7%5.6%4.1%5.5%4.3%2.3%2.9%
Adjusted EPS (₹)6.17.27.11.33.01.62.83.31.51.8
Dividend Payout Ratio (%)40.80%34.90%21.30%0%0%0%36.40%0%0%0%

Valuation of Virat Industries - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 15182020222324252626
Share Capital 5555555555
Reserves 10141615171819202122
Debt +0020100011
Long Term Debt0000000011
Short Term Debt0020100000
Minority Interest0000000000
Trade Payables1242212422
Others Liabilities 8511222232
Total Liabilities 25262724272628303131

Fixed Assets

Net Fixed Assets +691110976554
Gross Block17202324252424252626
Accumulated Depreciation11111214161719202122
CWIP 0010000000
Investments 0000000000
Inventories5786869141010
Trade Receivables1233444555
Cash Equivalents 6311366487
Others Assets 7533323345
Total Assets 25262724272628303131

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 5223140-25-1
PBT 4551212211
Adjustment 1112222111
Changes in Working Capital 1-3-30-22-3-53-2
Tax Paid -2-1-1-0-1-0-0-1-0-0
Cash Flow From Investing Activity + -4-1-3-1-2000-51
Capex -2-3-5-1-100-0-1-0
Net Investments 00000001-40
Others -232-0-100000
Cash Flow From Financing Activity + -1-22-21-1-0-11-0
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 1-0-0-00-0-0-01-0
Interest Paid -0-0-0-0-0-0-0-0-0-0
Dividend Paid -1-10-1-0-0-0-1-0-0
Others -1-02-11-1-0000
Net Cash Flow -0-10-013-0-20-0

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)21.4921.1917.843.197.083.595.836.6433.47
ROCE (%)30.7729.7624.545.379.44.287.499.134.234.79
Asset Turnover Ratio1.131.011.280.941.040.750.921.31.061.02
PAT to CFO Conversion(x)1.670.50.673140-15-1
Working Capital Days
Receivable Days9.9018.402646.304872.5059.4041.4053.1058.60
Inventory Days73.4081.4075.60102.7093.90125.40109.40111.40136114
Payable Days6286.1083.60109.1069.5063.7057.1069.806752.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Virat Industries Ltd FAQs

The current trading price of Virat Industries on 04-Jun-2026 16:59 is ₹421.6.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Virat Industries stood at ₹612.4 Cr

The latest P/E ratio of Virat Industries as of 03-Jun-2026 is 124.0.

The latest P/B ratio of Virat Industries as of 03-Jun-2026 is 4.68.

The 52-week high of Virat Industries is ₹883.2 and the 52-week low is ₹293.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Virat Industries is ₹26.79 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Virat Industries Ltd is a average quality company.

The key valuation ratios of Virat Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Virat Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Virat Industries Ltd

Virat Industries (VIL), is a public company, quoted on the Indian stock markets. VIL is a 100% Export Oriented Unit (EOU) manufacturing excellent quality socks for export, mainly to the European markets.

The company started its operations in 1995 and has successfully completed more than a decade in socks business. The socks are manufactured on the latest computerized electronic knitting machines by Lonati,Matec & Sangiacomo Italy supported with balancing equipment from Spain and other European markets. 

Production capacity is normally based on size, design and style of socks. As per the prevalent pattern of production, the production capacity of VIL is estimated at 3.5 million pairs per annum. 

Virat's factory is situated at the GIDC (Gujarat Industrial Development Corporation) Industrial Estate, Navsari, Gujarat. It is located adjacent to the National Highway No. 8, connecting Mumbai. Navsari, an industrial town, situated equidistant between two of the largest industrial cities in India namely MUMBAI (233 KM) and AHMEDABAD (260 km).

The factory was designed and engineered by Gherzi Textil Organisation, Switzerland and their Associates Gherzi Eastern Mumbai, India. VIL commenced production in November 1995 The project cost was around Rs. 85 million.

Product range of the company includes:

Virat plays the role of a contract manufacturer who supplies socks against specific orders. Socks are manufactured in cotton, cotton/viscose, wool, acrylic, wool/cashmere, wool/silk, cotton/silk.

  • Cotton dress
  • Casual socks, for Men, Ladies and Children - manufactured in Cotton, Cotton/Viscose, Wool, Acrylic, Wool/Cashmere, Wool/Silk,Clientele:

John Lewis, House of Fraser, TK Maxx, Next, Fatface in the UK, Migros in Switzerland and Shoe Mart in the Middle East.  The company is also an approved supplier to the Levis + Dockers brands in India.

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