Vishal Fabrics Limited

BSE: VISHAL538598ISIN INE755Q01025

Consumer Discretionary
Garments & Apparels

Share price

₹16.78+0.52 (+3.20%)

as of 4 Nov 2026

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

52W high: ₹31.90
52W low: ₹14.66
Off 52W high: -47.40%
1M return: -2.89%
3M return: -8.61%
6M return: -25.65%
1Y return: -38.98%
20D avg volume: 12,184
50 DMA: ₹17.64
200 DMA: ₹19.90

Key ratios Consolidated

Market cap: ₹415.49 Cr
Current price: ₹16.78
52W high / low: ₹31.90 / ₹14.66
Face value: ₹5.00
P/E: 11.97
P/B: 0.62
EPS (TTM): ₹1.40
Book value / share: ₹26.88
ROE: —
ROCE: 11.70%
Operating margin: —
Net margin: —
Debt / equity: 0.35
Net debt: ₹225.36 Cr
Interest cover: 2.10
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 138.6 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	—	379.09	348.15	423.70	433.09	397.17	391.46	403.68	384.78	339.92	—
	—	0.09	0.45	0.46	0.22	0.01	0.90	0.47	0.05	0.18	—
	—	379.18	348.60	424.16	433.31	397.18	392.35	404.15	384.83	340.10	—
	—	369.71	338.65	413.38	421.34	386.74	381.94	389.98	372.82	331.80	—
	—	340.25	277.50	392.70	362.98	358.75	354.23	355.47	348.29	307.23	—
	—	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	—	6.56	8.51	8.29	8.17	6.62	8.62	7.68	7.66	6.68	—
	—	9.99	9.03	11.02	9.46	9.70	9.85	9.47	9.86	10.47	—
	—	6.71	7.25	7.64	8.42	8.32	8.63	8.01	8.65	7.92	—
	—	7.79	6.51	6.41	4.03	5.35	6.27	4.45	6.06	4.59	—
	—	9.46	9.96	10.78	11.98	10.45	10.42	14.17	12.02	8.30	—
	—	0.00	0.00	0.00	1.89	0.00	2.47	1.91	0.79	0.00	—
	—	9.46	9.96	10.78	13.87	10.45	12.89	16.08	12.80	8.30	—
	—	2.42	2.45	3.00	3.17	2.36	5.54	6.49	5.52	3.52	—
	—	7.16	8.93	7.93	10.70	9.16	7.35	9.59	7.28	4.79	—
	—	0.29	0.38	0.34	0.43	0.44	0.37	0.39	0.37	0.24	—
Key metrics
	—	26.16	26.24	29.44	31.75	28.47	31.37	33.56	31.31	26.69	—
	—	6.90%	7.50%	6.90%	7.30%	7.20%	8.00%	8.30%	8.10%	7.90%	—
	—	1.90%	2.60%	1.90%	2.50%	2.30%	1.90%	2.40%	1.90%	1.40%	—
	—	—	2.70%	—	3.50%	—	3.80%	—	—	—	—
	—	-4.60%	-11.10%	5.00%	12.60%	16.80%	—	—	—	—	—
	—	-21.80%	21.50%	-17.30%	47.00%	91.20%	—	—	—	—	—

Metric	FY26	FY25	FY24
Income statement
	1,602	1,520	—
	1.15	1.60	—
	1,603	1,521	—
	1,560	1,477	—
	1,392	1,365	—
	0.00	0.00	—
	31.59	30.63	—
	39.21	39.65	—
	31.63	33.20	—
	22.31	21.36	—
	43.16	44.90	—
	0.00	5.17	—
	43.16	50.08	—
	10.98	21.07	—
	35.64	29.01	—
	1.52	1.47	—
Key metrics
	114.00	122.93	—
	7.10%	8.10%	—
	2.20%	1.90%	—
	11.70%	15.10%	—
	5.40%	—	—
	22.90%	—	—
	15.72	96.91	—
	0.55	3.71	—
	0.35	0.61	—
	225.36	292.20	—
	138.6	123.8	—
Balance sheet
	1,024	945.61	—
	755.77	682.68	—
	0.09	0.20	—
	647.85	526.34	—
	63.23	115.08	—
	31.68	—	—
	117.37	139.65	—
	102.53	125.63	—
	318.95	351.69	—
	225.45	292.40	—
	196.54	207.89	—
	28.91	84.51	—
	646.69	479.20	—
Cash flow
	19.43	107.59	—
	-26.54	-17.36	—
	8.59	-89.88	—
	3.71	10.68	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	—	379.09	348.15	423.70	433.09	397.17	391.46	403.68	384.78	339.92	411.51	401.34
	—	0.09	0.45	0.46	0.22	0.01	0.90	0.47	0.05	0.18	0.27	0.70
	—	379.18	348.60	424.16	433.31	397.18	392.35	404.15	384.83	340.10	411.77	402.04
	—	369.71	338.65	413.38	421.34	386.74	381.94	389.98	372.82	331.80	401.34	391.20
	—	340.25	277.50	392.70	362.98	358.75	354.23	355.47	348.29	307.23	364.15	350.09
	—	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	0.01
	—	6.56	8.51	8.29	8.17	6.62	8.62	7.68	7.66	6.68	6.93	6.47
	—	9.99	9.03	11.02	9.46	9.70	9.85	9.47	9.86	10.47	11.65	10.23
	—	6.71	7.25	7.64	8.42	8.32	8.63	8.01	8.65	7.92	8.34	8.05
	—	7.79	6.51	6.41	4.03	5.35	6.27	4.45	6.06	4.59	5.25	5.64
	—	9.46	9.96	10.78	11.98	10.45	10.42	14.17	12.02	8.30	10.43	10.84
	—	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	—	9.46	9.96	10.78	11.98	10.45	10.42	14.17	12.02	8.30	10.43	10.84
	—	2.42	2.45	3.00	3.17	2.36	5.54	6.49	5.52	3.52	3.92	3.00
	—	7.05	7.51	7.78	8.81	8.08	4.88	7.68	6.50	4.78	6.52	7.85
	—	0.28	0.32	0.33	0.36	0.39	0.25	0.39	0.33	0.24	0.33	0.40
Key metrics
	—	26.16	26.24	29.44	29.86	28.47	28.90	31.65	30.53	26.69	30.42	29.12
	—	6.90%	7.50%	6.90%	6.90%	7.20%	7.40%	7.80%	7.90%	7.90%	7.40%	7.30%
	—	1.90%	2.20%	1.80%	2.00%	2.00%	1.20%	1.90%	1.70%	1.40%	1.60%	2.00%
	—	—	2.70%	—	3.20%	—	3.40%	—	—	—	—	—
	—	-4.60%	-11.10%	5.00%	12.60%	16.80%	-4.90%	0.60%	—	—	—	—
	—	-12.70%	53.90%	1.30%	35.50%	69.00%	-25.20%	-2.20%	—	—	—	—

Metric	FY26	FY25	FY24	FY23	FY22
Income statement
	1,602	1,520	1,450	1,548	1,547
	1.15	1.60	1.17	4.03	3.08
	1,603	1,521	1,451	1,552	1,550
	1,560	1,477	1,420	1,483	1,457
	1,392	1,365	1,312	1,313	1,284
	0.00	0.00	0.01	2.13	6.75
	31.59	30.63	26.88	63.30	77.36
	39.21	39.65	38.48	37.35	37.82
	31.63	33.20	32.70	33.41	33.44
	22.31	21.36	22.71	43.69	38.54
	43.16	44.90	30.94	68.94	93.20
	0.00	0.00	—	—	—
	43.16	44.90	30.94	68.94	93.20
	10.98	21.07	9.80	16.12	24.16
	32.18	23.84	21.13	52.82	69.04
	1.37	1.21	1.07	2.67	3.49
Key metrics
	114.00	117.75	102.12	139.70	164.46
	7.10%	7.70%	7.00%	9.00%	10.60%
	2.00%	1.60%	1.50%	3.40%	4.50%
	11.80%	14.40%	—	—	—
	5.40%	4.80%	-6.30%	0.10%	—
	35.00%	12.80%	-60.00%	-23.50%	—
	15.72	96.91	—	—	—
	0.60	4.51	—	—	—
	0.35	0.62	—	—	—
	225.36	292.20	—	—	—
	138.6	123.8	—	—	—
Balance sheet
	1,015	940.43	—	—	—
	755.77	682.68	—	—	—
	0.09	0.20	—	—	—
	647.85	526.34	—	—	—
	63.23	115.08	—	—	—
	31.68	—	—	—	—
	117.37	139.65	—	—	—
	102.53	125.63	—	—	—
	318.95	351.69	—	—	—
	225.45	292.40	—	—	—
	196.54	207.89	—	—	—
	28.91	84.51	—	—	—
	638.05	474.02	—	—	—
Cash flow
	19.43	107.59	—	—	—
	-26.54	-17.36	—	—	—
	8.59	-89.88	—	—	—
	3.71	10.68	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +1.15%
Sales CAGR 5Y: —
Profit CAGR 3Y: -15.23%
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

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: 55.06%

Quarter	30 Sep 2026	September 2026	June 2026
Promoter %	55.06%	55.06%	55.06%

Holder	Type	Holding	Previous	Change
Chiripal Industries Limited	Promoter	23.14%	23.14%	0.00%
Elysian Wealth Fund	Public	6.06%	6.06%	0.00%
Chiripal Exim Llp	Promoter Group	5.10%	5.10%	0.00%
Vikasa India Eif I Fund	Public	4.04%	4.04%	0.00%
Century India Opportunity Fund Pc	Public	3.42%	3.42%	0.00%
Tripoli Management Private Limited	Promoter Group	3.26%	3.26%	0.00%
North Star Opportunities Fund Vcc-Bull Value Incorporated Vcc Sub-Fund	Public	3.12%	3.12%	0.00%
Eminence Global Fund Pcc- Eubilia Capital Partners Fund I	Public	3.03%	3.03%	0.00%
Brijmohan D Chiripal	Promoter Group	3.02%	3.02%	0.00%
Vedprakash Chiripal	Promoter Group	2.98%	2.98%	0.00%
Devkinandan Corporation Llp	Promoter Group	2.86%	2.86%	0.00%
Nexpact Limited	Public	2.39%	2.39%	0.00%
Nandan Corporation Llp	Promoter Group	2.31%	2.31%	0.00%
Bridge India Fund	Public	2.02%	2.02%	0.00%
Savitridevi V Chiripal	Promoter Group	1.64%	1.64%	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
Page Industries Ltd. S	39,674	35,570.10	52.49	61.50%	+7.57% TTM	-1.16% TTM	-11.25%
Arvind Ltd.	13,595	499.75	28.63	15.20%	+19.08% TTM	+12.45% TTM	+57.45%
Pearl Global Industries Limited	12,218	1,321.05	40.18	22.30%	+13.75% TTM	+29.56% TTM	+102.86%
Gokaldas Exports Ltd	5,356	730.90	52.02	9.40%	+7.65% TTM	-40.43% TTM	-15.28%
LUX Industries Limited	3,525	1,172.05	33.32	9.40%	+4.35% TTM	-15.10% TTM	-6.36%
SBC EXPORTS LIMITED	3,195	67.10	79.10	37.50%	+63.27% TTM	+80.12% TTM	+177.27%
Kitex Garmenets Ltd.	2,690	134.85	-90.56	2.00%	-20.74% TTM	-134.77% TTM	-34.30%
Kewal Kiran Clothing Ltd.	2,654	430.65	15.85	17.80%	+12.89% TTM	+23.48% TTM	-16.81%
S.P. Apparels Limited	2,205	877.00	20.96	18.10%	+1.48% TTM	+7.61% TTM	+23.36%
CANTABIL RETAIL INDIA LIMITED S	2,137	255.50	21.93	17.50%	+16.08% TTM	+24.66% TTM	+3.55%
Dollar Industries Limited	1,453	256.15	13.02	16.50%	+6.24% TTM	+13.81% TTM	-27.69%
Monte Carlo Fashions Limited	1,019	491.65	11.35	16.90%	+13.85% TTM	+3.85% TTM	-32.14%
RUPA & COMPANY LIMITED	988	124.25	12.70	10.70%	+3.39% TTM	+4.60% TTM	-35.54%
BRAHM VIRAT INDUSTRIES CORPORATION LIMITED S	628	432.20	101.46	5.10%	-19.25% TTM	+296.15% TTM	-32.48%
Bizotic Commercial Limited S	480	83.00	18.82	20.00%	—	—	-27.07%
THOMAS SCOTT (INDIA) LIMITED S	420	286.35	20.12	21.30%	+42.24% TTM	+57.13% TTM	-31.71%
MEENAKSHI INDIA LIMITED S	418	185.95	—	—	—	—	—
Vishal Fabrics Limited	415	16.78	11.97	11.70%	—	—	-38.98%
Bella Casa Fashion & Retail Limited S	297	222.00	16.54	16.60%	+22.44% TTM	+4.72% TTM	-51.12%
SARASWATI SAREE DEPOT LIMITED S	257	64.98	10.88	16.40%	+0.95% TTM	-23.26% TTM	-23.01%
Zodiac Clothing Co. Ltd.	176	64.00	-5.07	-10.40%	-11.34% TTM	+5.66% TTM	-34.77%
VIP Clothing Limited S	171	19.02	18.11	10.20%	+0.34% TTM	+27.52% TTM	-43.61%
LORENZINI APPARELS LIMITED S	161	9.34	29.19	12.90%	+39.74% TTM	+12.55% TTM	-8.07%
Fractal Industries Limited	155	198.00	—	22.40%	—	—	—
Filatex Fashions Ltd	150	0.18	87.51	0.20%	-56.57% TTM	-81.21% TTM	-63.27%

Filings & corporate actions

Recent announcements

newspaper publication of unaudited financial results for the quarter and half year ended 30th september, 20264 Nov 2026 · Company Update / Newspaper Publication
press release for the unaudited financial results for the quarter and half year ended 30th september, 20264 Nov 2026 · Company Update / Press Release / Media Release
Appointment of Chief Executive Officer3 Nov 2026 · Company Update / Meeting Updates
Change in Management3 Nov 2026 · Company Update / Change in Management
Resignation of Chief Executive Officer3 Nov 2026 · Company Update / Resignation of Chief Executive Officer (CEO)
Approval of unaudited standalone and consolidated financial results for the quarter and half year ended september 30 , 20263 Nov 2026 · Result / Financial Results
Outcome of Board Meeting3 Nov 2026 · Board Meeting / Outcome of Board Meeting
Vishal Fabrics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve the unaudited financial results ....26 Oct 2026 · Board Meeting / Board Meeting
Compliance Certificate under regulation 74(5) of SEBI(DP) Regulation7 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading window for the quarter ended 30th September 202626 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation regarding credit rating of Vishal Fabrics Limited12 Sep 2026 · Company Update / Credit Rating
Consolidated Scrutinizer Report for the 41st Annual General Meeting of Vishal Fabrics Limited11 Aug 2026 · AGM/EGM / AGM
Revised proceedings of 41st Annual General Meeting of Vishal Fabrics Limited11 Aug 2026 · AGM/EGM / AGM
Proceedings of 41st Annual General Meeting of VIshal Fabrics Limited11 Aug 2026 · AGM/EGM / AGM
Approval of Financial Results for the quarter ended 30th June 20266 Aug 2026 · Result / Financial Results
outcome of board meeting held on 06th August, 20266 Aug 2026 · Board Meeting / Outcome of Board Meeting
Vishal Fabrics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/08/2026 ,inter alia, to consider and approve unaudited financial results ....29 Jul 2026 · Board Meeting / Board Meeting
Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 201814 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Update14 Jul 2026 · Company Update / General
Notice of 41st AGM publication in newspaper14 Jul 2026 · Company Update / Newspaper Publication
Integrated Annual Report 25-2613 Jul 2026 · Others / Reg. 34 (1) Annual Report
AGM Notice13 Jul 2026 · AGM/EGM / AGM
Intimation of cut off date for evoting for 41st Annual General Meeting13 Jul 2026 · Company Update / General
Intimation of Annaul Report 2025-2613 Jul 2026 · Others / Reg. 34 (1) Annual Report
Intimation of 41st Annual General Meeting of the Vishal Fabrics Limited to be held on 11th August, 202613 Jul 2026 · AGM/EGM / AGM
Update7 Jul 2026 · Company Update / General
Update1 Jul 2026 · Company Update / Meeting Updates
Intimation regarding the closure of Trading window for the quarter ended June 30, 202625 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Update25 Jun 2026 · Company Update / Meeting Updates
Intimation of small fire incident at company factory Narol Unit24 Jun 2026 · Company Update / Meeting Updates
Annual Secretarial Compliance Report29 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Reappointment of Cost Auditor Appointment of Internal Auditor Reappointment of Independent Director20 May 2026 · Company Update / Change in Management
Approval of Audited Financial Results for the quarter and year ended 31st March, 202620 May 2026 · Result / Financial Results
Approval of Audited Financial Results for the quarter and year ended 31st March, 202620 May 2026 · Board Meeting / Outcome of Board Meeting
Vishal Fabrics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/05/2026 ,inter alia, to consider and approve to approve the audited results ....12 May 2026 · Board Meeting / Board Meeting
Reply to clarificaton sought by BSE on Price Movement25 Apr 2026 · Company Update / General
The Exchange has sought clarification from Vishal Fabrics Ltd on April 24, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant information ....24 Apr 2026 · Company Update / Clarification
Announcement under Regulation 30 (LODR)20 Apr 2026 · Company Update / Cessation
Announcement under Regulation 30 (LODR)18 Apr 2026 · Company Update / Cessation
Announcement under Regulation 30 (LODR)18 Apr 2026 · Company Update / Cessation

Board meetings

3 Nov 2026 Board Meeting - Financial Results
6 Aug 2026 Board Meeting - Financial Results