Vedant Fashions Limited

BSE: MANYAVAR543463ISIN INE825V01034

Consumer Discretionary
Speciality Retail
BSE 500

Share price

₹497.50+1.20 (+0.24%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹652.75
52W low: ₹329.65
Off 52W high: -23.78%
1M return: -4.68%
3M return: -1.50%
6M return: +12.90%
1Y return: -22.81%
20D avg volume: 7,700
50 DMA: ₹527.61
200 DMA: ₹454.71

Key ratios Consolidated

Market cap: ₹12,088 Cr
Current price: ₹497.50
52W high / low: ₹652.75 / ₹329.65
Face value: ₹1.00
P/E: 0.00
P/B: —
EPS (TTM): ₹0.00
Book value / share: —
ROE: —
ROCE: —
Operating margin: —
Net margin: —
Debt / equity: —
Net debt: —
Interest cover: 13.32
Dividend yield: 1.56%
Dividend / share (TTM): ₹7.75
Payout: —
Cash conversion cycle: —

Financials

Metric	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22
Income statement
	267.94	239.82	363.16	474.46	218.30	311.62	341.63	441.43	246.92	324.95	296.25	38.48
	19.24	21.46	24.11	15.47	15.11	14.98	13.44	9.98	9.71	7.11	11.10	1.14
	287.19	261.28	387.26	489.92	233.41	326.60	355.06	451.41	256.64	332.06	307.36	39.61
	196.97	178.22	239.35	278.02	168.64	202.79	209.61	249.46	164.12	196.14	187.77	22.52
	43.98	31.31	42.20	40.24	33.20	29.27	35.13	43.67	45.41	38.49	43.48	4.06
	50.21	29.12	64.90	73.01	33.98	33.82	56.61	72.10	56.49	42.89	53.22	—
	14.47	14.60	13.38	13.75	14.64	15.01	14.83	15.28	13.53	12.99	16.59	1.79
	13.72	13.92	13.22	11.18	10.69	9.42	8.44	7.46	7.73	7.84	8.64	0.76
	37.29	37.18	38.06	34.43	32.46	29.91	27.44	25.05	24.89	26.40	26.89	—
	65.62	49.60	74.70	84.21	53.31	61.23	62.48	84.35	60.78	67.91	61.32	7.34
	90.22	83.06	147.91	211.91	64.78	123.81	145.45	201.95	92.52	135.92	119.58	17.10
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	90.22	83.06	147.91	211.91	64.78	123.81	145.45	201.95	92.52	135.92	119.58	17.10
	23.32	20.57	32.12	54.20	16.05	31.86	36.58	51.60	23.50	35.05	30.88	4.32
	66.90	62.49	115.79	157.71	48.72	91.94	108.87	150.35	69.02	100.87	88.70	12.78
	2.75	2.57	4.77	6.50	2.01	3.79	4.49	6.19	2.84	4.16	3.63	5.23
Key metrics
	141.23	134.16	199.19	257.52	107.93	163.14	181.33	234.46	125.14	170.16	155.11	17.86
	52.70%	55.90%	54.80%	54.30%	49.40%	52.40%	53.10%	53.10%	50.70%	52.40%	52.40%	46.40%
	25.00%	26.10%	31.90%	33.20%	22.30%	29.50%	31.90%	34.10%	28.00%	31.00%	29.90%	33.20%
	22.70%	-23.00%	6.30%	7.50%	-11.60%	-4.10%	15.30%	1,047.20%	—	—	—	—
	37.30%	-32.00%	6.40%	4.90%	-29.40%	-8.90%	22.70%	1,076.40%	—	—	—	—

Metric	TTM	FY24	FY23	FY22
Income statement
	1,345	1,368	1,355	1,041
	80.28	69.67	40.24	49.93
	1,426	1,437	1,395	1,091
	892.56	888.80	819.33	667.76
	157.73	144.91	162.70	132.78
	217.24	205.71	228.10	170.65
	56.20	56.78	56.63	57.53
	52.04	44.50	31.46	28.43
	146.96	134.85	103.78	94.36
	274.13	273.45	275.52	220.62
	533.10	548.41	575.84	423.01
	0.00	0.00	0.00	0.00
	533.10	548.41	575.84	423.01
	130.21	134.23	146.73	108.10
	402.89	414.17	429.11	314.91
	16.59	17.06	17.68	12.90
Key metrics
	732.10	727.76	711.08	545.80
	54.42%	53.20%	52.50%	52.40%
	29.95%	30.30%	31.70%	30.30%
	2.47%	0.90%	30.20%	—
	0.75%	-3.50%	36.30%	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	301.37	399.43	491.71	263.15	281.19	367.44	511.28	267.54	239.49	362.27	473.54	217.86
	29.69	26.34	21.44	19.91	25.83	22.06	22.39	18.82	20.93	23.69	15.09	14.79
	331.06	425.76	513.15	283.07	307.02	389.49	533.67	286.36	260.42	385.96	488.62	232.65
	225.53	277.68	331.85	209.02	214.51	254.79	322.16	196.81	177.89	238.48	276.89	167.62
	30.66	33.38	48.80	33.23	27.53	49.94	51.03	43.98	31.31	42.20	40.24	33.20
	50.56	57.49	88.73	43.97	35.86	73.25	102.67	50.21	29.12	64.90	73.01	33.98
	15.16	15.69	18.31	16.49	15.57	15.35	15.38	14.45	14.59	13.35	13.72	14.60
	12.95	13.23	14.03	14.96	14.13	13.62	13.95	13.72	13.92	13.22	11.17	10.68
	42.20	43.87	44.21	41.69	39.78	39.46	39.13	37.26	36.98	37.59	33.79	31.81
	66.63	82.66	107.86	61.25	67.35	89.32	110.43	65.48	49.48	74.39	83.79	53.02
	105.53	148.08	181.30	74.04	92.51	134.70	211.51	89.55	82.53	147.48	211.74	65.03
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	105.53	148.08	181.30	74.04	92.51	134.70	211.51	89.55	82.53	147.48	211.74	65.03
	24.92	33.78	46.40	17.96	22.25	33.60	53.54	23.14	20.59	31.90	54.06	16.04
	80.61	114.30	134.90	56.08	70.26	101.11	157.97	66.40	61.95	115.58	157.68	48.99
	3.32	4.71	5.55	2.31	2.89	4.16	6.50	2.73	2.55	4.76	6.49	2.02
Key metrics
	160.68	205.18	239.54	130.69	146.42	187.78	264.59	140.53	133.43	198.29	256.70	107.52
	53.30%	51.40%	48.70%	49.70%	52.10%	51.10%	51.80%	52.50%	55.70%	54.70%	54.20%	49.40%
	26.70%	28.60%	27.40%	21.30%	25.00%	27.50%	30.90%	24.80%	25.90%	31.90%	33.30%	22.50%
	—	6.50%	—	4.00%	—	6.30%	—	—	—	—	—	—
	7.20%	8.70%	-3.80%	-1.60%	17.40%	1.40%	8.00%	22.80%	—	—	—	—
	14.70%	13.00%	-14.60%	-15.50%	13.40%	-12.50%	0.20%	35.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,456	1,435	1,386	1,365	1,326	1,009
	97.38	93.52	85.16	68.25	37.04	48.54
	1,553	1,529	1,472	1,433	1,363	1,057
	1,044	1,033	952.14	884.72	795.97	643.52
	146.07	142.95	176.26	144.91	162.70	132.78
	240.75	226.06	255.25	205.71	228.10	170.65
	65.65	66.06	59.80	56.62	55.18	56.13
	55.17	56.35	55.21	44.47	30.35	27.07
	171.97	169.56	153.06	132.46	97.46	88.03
	318.40	319.12	314.96	272.13	262.54	205.75
	508.95	495.93	519.50	548.42	567.03	413.77
	0.00	0.00	0.00	—	—	—
	508.95	495.93	519.50	548.42	567.03	413.77
	123.06	120.39	131.02	133.84	144.14	105.41
	385.89	375.54	388.47	414.57	422.89	308.35
	15.89	15.46	15.99	17.07	17.42	12.63
Key metrics
	736.09	721.84	727.77	725.35	694.84	528.87
	50.57%	50.30%	52.50%	53.10%	52.40%	52.40%
	26.51%	26.20%	28.00%	30.40%	31.90%	30.60%
	—	22.30%	24.50%	—	—	—
	1.98%	3.50%	1.60%	2.90%	31.40%	—
	-2.49%	-3.30%	-6.30%	-2.00%	37.10%	—
	—	469.14	385.48	—	—	—
	—	1.28	1.00	—	—	—
	—	0.00	0.00	—	—	—
	—	-11.06	-17.21	—	—	—
	—	186.5	189.2	—	—	—
Balance sheet
	—	2,853	2,747	—	—	—
	—	1,390	1,606	—	—	—
	—	11.06	17.21	—	—	—
	—	651.16	618.61	—	—	—
	—	144.62	201.97	—	—	—
	—	51.70	54.59	—	—	—
	—	493.03	521.29	—	—	—
	—	62.44	102.34	—	—	—
	—	378.25	400.35	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	1,964	1,786	—	—	—
Cash flow
	—	481.44	388.60	—	—	—
	—	-102.00	-15.88	—	—	—
	—	-385.59	-377.20	—	—	—
	—	12.30	3.12	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +2.68%
Sales CAGR 5Y: —
Profit CAGR 3Y: -3.88%
Profit CAGR 5Y: —
Sales YoY (TTM): +1.98%
Profit YoY (TTM): -2.49%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +2.47%
Profit YoY (TTM): +0.75%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 74.93%

Quarter	September 2026	June 2026
Promoter %	74.93%	74.93%

Holder	Type	Holding	Previous	Change
Ravi Modi Family Trust (acting through its trustee, Modi Fiduciary Services Private Limited)	Promoter	57.15%	57.15%	0.00%
RAVI MODI HUF	Promoter Group	16.00%	16.00%	0.00%
GOVERNMENT PENSION FUND GLOBAL	Public	3.18%	3.11%	+0.07%
SBI LARGE & MIDCAP FUND	Public	3.00%	—	—
HDFC SMALL CAP FUND	Public	2.50%	—	—
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA MUTUAL FUND	Public	2.37%	—	—
INDIA CAPITAL FUND LIMITED	Public	1.20%	—	—
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED	Public	1.17%	1.39%	-0.22%
ADITYA BIRLA SUN LIFE MUTUAL FUND	Public	1.09%	—	—
SHILPI MODI	Promoter	1.09%	1.09%	0.00%
RAVI MODI	Promoter	0.69%	0.69%	0.00%
USHA DEVI MODI	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Trent Ltd [Lakme Ltd]	1,62,910	3,055.15	85.32	28.20%	+18.45% TTM	+18.87% TTM	-1.66%
Lenskart Solutions Limited	1,20,186	691.00	179.86	7.30%	—	—	—
Vedant Fashions Limited	12,088	497.50	—	—	+2.47% TTM	+0.75% TTM	-22.81%
Aditya Birla Lifestyle Brands Limited	9,003	73.76	43.79	13.20%	—	—	-46.22%
Aditya Vision Limited S	6,700	518.80	46.45	21.70%	+27.57% TTM	+33.48% TTM	-9.51%
V2 Retail Limited	5,457	149.65	30.38	20.60%	+49.32% TTM	+80.51% TTM	-38.93%
Aditya Birla Fashion and Retail Limited	4,969	40.71	-5.88	-3.20%	-27.21% TTM	-64.27% TTM	-51.64%
SS Retail Limited	4,820	648.10	—	—	—	—	—
Arvind Fashions Limited	4,708	352.15	23.87	21.40%	+13.47% TTM	+257.11% TTM	-35.54%
PURPLE STYLE LABS LIMITED	4,011	500.95	—	—	—	—	—
Baazar Style Retail Limited	2,860	375.70	63.19	13.60%	+34.89% TTM	+174.29% TTM	+12.77%
Shankara Buildpro Limited	2,210	182.25	3.36	39.60%	—	—	—
Go Fashion (India) Limited S	1,399	266.00	34.50	11.50%	-4.05% TTM	-54.03% TTM	-58.80%
Sai Silks (Kalamandir) Limited S	1,132	73.84	8.89	13.70%	-1.87% TTM	-1.67% TTM	-58.14%
Bhatia Communications & Retail (India) Limited S	542	38.57	22.82	14.30%	+55.15% TTM	+72.14% TTM	+43.44%
Credo Brands Marketing Limited S	512	78.23	11.78	13.40%	+5.17% TTM	-9.69% TTM	-30.46%
Shankara Building Products Limited	288	118.60	19.63	4.70%	-70.43% TTM	-80.04% TTM	-15.16%
LOGICA INFOWAY LIMITED S	281	158.00	19.82	32.60%	—	—	-23.30%
CITY PULSE MULTIVENTURES LIMITED	178	119.15	—	3.10%	—	—	-96.03%
Brand Concepts Limited	173	138.75	167.98	11.60%	+26.45% TTM	-57.08% TTM	-63.12%
MEHUL TELECOM LIMITED S	132	126.45	—	37.10%	—	—	—
Umiya Mobile Limited S	119	84.00	9.43	14.30%	—	—	-12.50%
7NR Retail Limited S	102	6.96	232.00	0.60%	-63.11% TTM	-79.10% TTM	+65.32%
Praxis Home Retail Limited S	87	4.66	-1.42	-65.00%	-11.04% TTM	-46.61% TTM	-61.65%
RACONTEUR GLOBAL RESOURCES LIMITED	13	9.66	—	-32.90%	—	—	-19.50%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Vedant Fashions Limited has informed the Exchange about the Schedule of Conference Call of Analysts/Institutional Investors to be held on Friday, November 06, 2026 at 3.30 PM (IST).31 Oct 2026 · Company Update / Analyst / Investor Meet
Vedant Fashions Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve Board Meeting Intimation for ....30 Oct 2026 · Board Meeting / Board Meeting
Vedant Fashions Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....28 Oct 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 201813 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation regarding allotment of ESOP7 Oct 2026 · Company Update / Allotment of ESOP / ESPS
Intimation under Regulation 30 of Listing Regulations regarding allotment of shares7 Oct 2026 · Company Update / Allotment of ESOP / ESPS
Intimation of Voting Results alongwith Scrutinizer''s Report29 Sep 2026 · AGM/EGM / AGM
Proceedings of the 24th Annual General Meeting of the Company held on 28th September, 202628 Sep 2026 · AGM/EGM / AGM
Vedant Fashions Limited has informed the Exchange about ESG Ratings & Core ESG Rating assigned voluntarily by Crisil ESG Ratings & Analytics Ltd.22 Sep 2026 · Company Update / General
Intimation of closure of Trading Window for the quarter ending Septembre 30, 202622 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Vedant Fashions Limited has informed the Exchange about a schedule of meet with the Institutional Investor/Analyst vide the enclosed Letter.20 Sep 2026 · Company Update / Analyst / Investor Meet
Vedant Fashions Limited has informed the Exchange regarding the compounding order under the Legal Metrology Act, 2009 vide the enclosed letter.16 Sep 2026 · Company Update / General
Vedant Fashions Limited has informed the Exchange regarding the communication sent to its shareholders on deduction of tax at source ("TDS") on dividend for the financial year 2025-26.16 Sep 2026 · Company Update / General
Intimation regarding change in management15 Sep 2026 · Company Update / Change in Management
Intimation under Regulation 30 of the SEBI Listing Regulations regarding resignation of Chief Financial Officer of the Company15 Sep 2026 · Company Update / Resignation of Chief Financial Officer (CFO)
Vedant Fashions Limited has informed the Exchange about a schedule of meet with the Institutional Investor/Analyst vide the enclosed Letter.14 Sep 2026 · Company Update / Analyst / Investor Meet
Vedant Fashions Limited has informed the Exchange regarding receipt of an Order-in-Appeal dated August 28, 2026 (received on September 08, 2026) from the Office of the Commissioner of CGST ....9 Sep 2026 · Company Update / General
Vedant Fashions Limited has informed the Exchange about a schedule of meetings with the Institutional Investors/Analysts vide the enclosed Letter.5 Sep 2026 · Company Update / Analyst / Investor Meet
Vedant Fashions Limited has informed the Exchange about Copies of Newspaper Publication in relation to post-despatch of AGM Notice.5 Sep 2026 · Company Update / Newspaper Publication
Vedant Fashions Limited has informed the Exchange about the Annual Report for the financial year ended 2025-26, as attached herewith.5 Sep 2026 · Others / Reg. 34 (1) Annual Report
The Business Responsibility and Sustainability Report of the Company for the financial year 2025-26 is enclosed herewith.4 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Intimation of Annual Report for FY 2025-264 Sep 2026 · Others / Reg. 34 (1) Annual Report
Intimation of Business Responsibility and Sustainability Reporting for the year ended 31st March, 20264 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Intimation of 24th Annual General Meeting scheduled to be held on Monday, 28th September, 20264 Sep 2026 · AGM/EGM / AGM
In continuation of its earlier intimations dated Aug 27, 2026 and Sept 01, 2026, Vedant Fashions Limited has informed the Exchange about the rescheduling of meeting with investor/analyst, ....4 Sep 2026 · Company Update / General
Vedant Fashions Limited has informed the Exchange about the Copy of Newspaper Advertisements in relation to the pre-despatch of AGM Notice.3 Sep 2026 · Company Update / Newspaper Publication
Reconstitution of Committees of the Board of Directors2 Sep 2026 · Company Update / General
Board took note of the completion of tenure of Mr. Tarun Puri, as Non-Executive Independent Director on September 05, 2026 (closing business hours)2 Sep 2026 · Company Update / Change in Management
Board approves the appointment of Ms. Neetu Kashiramka as Additional Director to be designated as Non-Executive Independent Director2 Sep 2026 · Company Update / Change in Management
Board approves the appointment of Mr. Nihir Parikh as Additional Director, to be designated as Non-Executive Independent Director2 Sep 2026 · Company Update / Change in Management
Board took note of the completion of tenure of Mr. Tarun Puri as Non-Executive Independent Director on September 05, 2026 (closing business hours)2 Sep 2026 · Company Update / Change in Directorate
Board approves the appointment of Ms. Neetu Kashiramka as as Additional Director, to be designated as Non-Executive Independent Director2 Sep 2026 · Company Update / Change in Directorate
Board approves the appointment of Mr. Nihir Parikh as an Additional Director to be designated as Non-Executive Independent Director2 Sep 2026 · Company Update / Change in Directorate
24th Annual General Meeting to be held on 28th September, 20262 Sep 2026 · AGM/EGM / AGM
Record date for the purpose of Dividend2 Sep 2026 · Corp. Action / Record Date
Outcome of Board Meeting held on September 02, 20262 Sep 2026 · Others / Outcome without intimation
In continuation of its earlier intimation dated August 27, 2026, Vedant Fashions Limited has informed the Exchange about the rescheduling of meeting with investor/analyst, as detailed in ....1 Sep 2026 · Company Update / General
Vedant Fashions Limited has informed the Exchange about a schedule of meetings with the Institutional Investor(s) / Analyst(s) vide the enclosed Letter.27 Aug 2026 · Company Update / Analyst / Investor Meet
Vedant Fashions Limited has informed the Exchange about a schedule of meet with the Institutional Investor/Analyst vide the enclosed Letter.24 Aug 2026 · Company Update / Analyst / Investor Meet
Vedant Fashions Limited has informed the Exchange about a schedule of meetings with the Institutional Investor(s)/Analyst(s) vide the enclosed Letter.18 Aug 2026 · Company Update / Analyst / Investor Meet

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 7.7500	21 Sep 2026	21 Sep 2026	—
Final Dividend - Rs. - 8.0000	28 Aug 2025	28 Aug 2025	—
Final Dividend - Rs. - 8.5000	23 Aug 2024	—	—

Board meetings

5 Nov 2026 Board Meeting - Financial Results
25 Jul 2026 Board Meeting - Financial Results