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Vedant Fashions Limited (MANYAVAR) AI Stock Analysis
Vedant Fashions Limited
(NSE:MANYAVAR)
The score is primarily driven by strong financial performance (profitability, disciplined leverage, and high-quality cash flows). Technicals are supportive but tempered by overbought signals, while valuation is a headwind due to the elevated P/E relative to the modest dividend yield.
Vedant Fashions Limited (MANYAVAR) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 135.59B
- Dividend Yield
- 1.62%
- Average Volume (3M)
- 146.13K
- Price to Earnings (P/E)
- 30.1
- Beta (1Y)
- 0.90
- Revenue Growth
- 1.95%
- EPS Growth
- -2.63%
- Country
- India
- Employees
- 684
- Sector
- General
- Sector Strength
- 55
- Industry
- Apparel - Manufacturers
Vedant Fashions Limited Business Overview & Revenue Model
Company Description
Vedant Fashions Limited manufactures, trades, and sells wedding and celebration wear in India Nepal, the United States, Canada, the United Arab Emirates, the United Kingdom, and internationally. The company offers kurta sets, indo-western, sherwani s...
How the Company Makes Money
Vedant Fashions makes money primarily by selling branded ethnic and celebration wear through a mix of company-operated stores and franchise/partner-operated outlets, supplemented by sales through other retail channels. Its core revenue stream is prod...
Vedant Fashions Limited Financial Statement Overview
Summary
Strong overall fundamentals supported by high profitability, healthy balance sheet leverage, and standout cash conversion (free cash flow closely tracking net income). Key risks are the 2026 margin step-down and uneven growth/free-cash-flow momentum (notably the 2025 dip).
Income Statement
78PositiveBalance Sheet
82Very PositiveCash Flow
86Very Positive| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.44B | 14.35B | 13.86B | 13.68B | 13.55B | 10.41B |
| Gross Profit | 5.51B | 7.78B | 10.17B | 9.88B | 10.02B | 7.73B |
| EBITDA | 4.56B | 7.22B | 6.43B | 6.58B | 6.71B | 4.96B |
| Net Income | 2.41B | 3.76B | 3.88B | 4.14B | 4.29B | 3.15B |
Balance Sheet | ||||||
| Total Assets | 28.53B | 28.53B | 27.47B | 25.09B | 21.66B | 17.70B |
| Cash, Cash Equivalents and Short-Term Investments | 5.37B | 5.37B | 7.26B | 6.26B | 6.28B | 4.16B |
| Total Debt | 4.58B | 4.58B | 4.83B | 4.44B | 2.93B | 2.79B |
| Total Liabilities | 8.88B | 8.88B | 9.60B | 9.07B | 7.66B | 6.87B |
| Stockholders Equity | 19.64B | 19.64B | 17.86B | 16.02B | 14.00B | 10.83B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 5.01B | 3.85B | 4.79B | 4.65B | 3.49B |
| Operating Cash Flow | 0 | 5.14B | 3.89B | 4.83B | 4.70B | 3.51B |
| Investing Cash Flow | 0 | -1.34B | -158.83M | -1.10B | -2.32B | 564.60M |
| Financing Cash Flow | 0 | -3.86B | -3.77B | -3.62B | -2.32B | -4.10B |
Vedant Fashions Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MANYAVAR, the sentiment is Negative. The current price of 478.20 is below the 20-day moving average (MA) of 498.59, below the 50-day MA of 527.03, and above the 200-day MA of 450.04, indicating a neutral trend. The MACD of -11.88 indicates Positive momentum. The RSI at 36.71 is Neutral, neither overbought nor oversold. The STOCH value of 22.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MANYAVAR.
Vedant Fashions Limited Peers Comparison
Overall Rating
- IN:MANYAVAR75.25Outperform
IN:STYLEBAAZA67Neutral
IN:TRENT67Neutral
IN:V2RETAIL57Neutral
IN:ABLBL52.4Neutral
IN:KALAMANDIR52Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:MANYAVAR | 75Outperform | INR 116.19B | 30.12 | ― | 1.62% | 1.95% | -2.63% |
| IN:STYLEBAAZA | 67Neutral | INR 26.76B | 56.08 | ― | ― | 34.89% | 174.22% |
| IN:TRENT | 67Neutral | INR 1.61T | 68.40 | ― | 0.20% | 18.45% | 16.89% |
| IN:V2RETAIL | 57Neutral | INR 54.31B | 29.11 | ― | ― | 63.30% | 117.94% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:ABLBL | 52Neutral | INR 85.91B | 48.63 | ― | 0.71% | ― | ― |
| IN:KALAMANDIR | 52Neutral | INR 9.95B | 6.91 | ― | 2.31% | 4.83% | 20.42% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:MANYAVAR | Vedant Fashions Limited | 478.20 | -155.61 | -24.55% | |
| IN:KALAMANDIR | Sai Silks (Kalamandir) Ltd. | 64.91 | -110.15 | -62.92% | |
| IN:STYLEBAAZA | Baazar Style Retail Limited | 351.50 | 28.40 | 8.79% | |
| IN:TRENT | Trent Limited | 3015.10 | -122.13 | -3.89% | |
| IN:V2RETAIL | V2 Retail Limited | 148.95 | -100.56 | -40.30% | |
| IN:ABLBL | Aditya Birla Lifestyle Brands Limited | 70.39 | -64.94 | -47.99% |
Vedant Fashions Limited Corporate Events
Vedant Fashions’ Chief Financial Officer Rahul Murarka Resigns, Effective November 14, 2026
Vedant Fashions Limited has announced a change in senior managerial personnel, disclosing that Chief Financial Officer and key managerial personnel Rahul Murarka has submitted his resignation. The company informed the National Stock Exchange of India...
Vedant Fashions Schedules Virtual One-to-One Meeting With Institutional Investors
Vedant Fashions Limited has notified the National Stock Exchange of India and BSE about a scheduled virtual one-to-one meeting with institutional investors and analysts on September 17, 2026. The company emphasizes that discussions will rely solely o...
Vedant Fashions Reschedules Analyst and Investor Meeting
Vedant Fashions Limited has notified the stock exchanges that its planned one-to-one virtual meeting with analysts and investors has been rescheduled from September 4, 2026 to September 8, 2026. The company clarified that discussions in this interact...
Vedant Fashions Schedules Investor and Analyst Meetings in Early September 2026
Vedant Fashions Limited, a Kolkata-based ethnic fashion retailer best known for its Manyavar brand, is listed on both the National Stock Exchange of India and BSE and targets the Indian apparel market through a branded, formal corporate structure. It...
Vedant Fashions Publishes Q1 FY27 Earnings Call Transcript for Investors
Vedant Fashions Limited has released the official transcript of its Q1 FY27 earnings conference call held on July 27, 2026, with participation from senior management including the chief financial and chief revenue officers. The call, aimed at analyst...
Vedant Fashions Publishes Q1 FY2026 Unaudited Results in Newspapers
Vedant Fashions Limited has notified the National Stock Exchange of India and BSE that it has published newspaper advertisements containing the unaudited financial results for the quarter ended June 30, 2026. The results have been disseminated throug...
CRISIL Reaffirms Strong Credit Ratings for Vedant Fashions Limited
CRISIL Ratings Limited has reaffirmed Vedant Fashions Limited’s long-term bank facilities rating at CRISIL AA with a Stable outlook, indicating continued strong credit quality and financial stability for the apparel company. The rating agency h...
Vedant Fashions Reappoints Internal Auditor and Expands ESOP Allotment
Vedant Fashions Limited’s board has approved the re-appointment of Grant Thornton Bharat LLP as the external internal auditor for the financial year 2026-27, reinforcing its internal control and compliance framework. The decision underscores th...
Vedant Fashions Schedules Virtual One-to-One Meet With Investors and Analysts
Vedant Fashions Limited has notified the stock exchanges that its officials will hold a virtual one-to-one meeting with institutional investors and analysts on June 24, 2026. The company emphasized that discussions will be confined to information alr...
Vedant Fashions Schedules Virtual One-to-One Investor and Analyst Meeting
Vedant Fashions Limited has informed the stock exchanges that its officials will hold a virtual one-to-one meeting with institutional investors and analysts on June 22, 2026. The company stated that discussions will rely solely on publicly available...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 11, 2026