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Visagar Polytex Limited (IN:VIVIDHA)
:VIVIDHA
India Market
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Visagar Polytex Limited (VIVIDHA) AI Stock Analysis

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IN:VIVIDHA

Visagar Polytex Limited

(VIVIDHA)

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Neutral 42 (OpenAI - Gpt-5.6Sol)
Rating:42Neutral
Price Target:
₹0.51
▼(-5.74% Downside)
Action:Reiterated
Date:09/06/26
The score is driven primarily by very weak financial performance (persistent losses and negative equity), which outweighs the modestly neutral technical setup. Valuation is also constrained by negative earnings and no indicated dividend yield.
Positive Factors
Reported Revenue Growth
The reported revenue increase indicates that the company has recently expanded sales from its textile activities. If maintained, stronger revenue can improve operating scale and provide a broader base from which management may address costs, liquidity needs, and the business’s weak profitability.
Negative Factors
Persistent Losses
Persistent and sizable net losses show that the textile business is not converting revenue into sustainable earnings. This weakens retained capital, limits the ability to reinvest from profits, and suggests that cost structure or pricing pressures could remain a fundamental obstacle over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Reported Revenue Growth
The reported revenue increase indicates that the company has recently expanded sales from its textile activities. If maintained, stronger revenue can improve operating scale and provide a broader base from which management may address costs, liquidity needs, and the business’s weak profitability.
Read all positive factors

Visagar Polytex Limited (VIVIDHA) vs. iShares MSCI India ETF (INDA)

Visagar Polytex Limited Business Overview & Revenue Model

Company Description
Visagar Polytex Limited engages in the design, manufacture, wholesale, retail, and trade of textiles in India. The company offers ethnic wear, including sarees, lehengas, and suits; interlining goods; and various fabrics. It sells its products und...
How the Company Makes Money
Visagar Polytex Limited primarily makes money through the sale of textile products (revenue from operations) associated with its VIVIDHA-branded offerings, typically monetized via business-to-business (B2B) supply to wholesalers/retailers and/or i...

Visagar Polytex Limited Financial Statement Overview

Summary
Financial quality is very weak: profitability has been consistently negative with deep losses, the balance sheet has deteriorated to negative equity in FY2026 with high debt risk, and while FY2026 operating/free cash flow are positive, cash generation has been volatile and does not offset the elevated solvency concerns.
Income Statement
8
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
28
Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue2.33M1.15M151.00K82.11M7.88M35.60M
Gross Profit-1.87M-5.49M-6.44M-82.95M2.34M14.86M
EBITDA-5.37M-6.95M-6.35M-137.79M-528.00K7.89M
Net Income-13.29M-15.37M-16.64M-155.33M-13.95M-5.74M
Balance Sheet
Total Assets0.0060.07M72.76M93.65M273.82M289.49M
Cash, Cash Equivalents and Short-Term Investments4.68M1.75M6.66M2.54M2.42M3.12M
Total Debt0.0062.91M63.51M64.96M84.11M80.90M
Total Liabilities4.07M64.14M61.45M65.71M90.56M92.27M
Stockholders Equity-4.07M-4.07M11.31M27.94M183.27M197.22M
Cash Flow
Free Cash Flow1.68M2.34M5.03M11.77M-3.90M1.46M
Operating Cash Flow1.68M2.34M7.68M11.77M-3.89M1.84M
Investing Cash Flow0.000.00-2.66M7.38M-11.00K-381.00K
Financing Cash Flow-13.00K-594.00K-5.03M-19.15M3.20M-1.89M

Visagar Polytex Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.54
Price Trends
50DMA
0.53
Positive
100DMA
0.54
Negative
200DMA
0.58
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
51.06
Neutral
STOCH
58.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VIVIDHA, the sentiment is Neutral. The current price of 0.54 is above the 20-day moving average (MA) of 0.53, above the 50-day MA of 0.53, and below the 200-day MA of 0.58, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 51.06 is Neutral, neither overbought nor oversold. The STOCH value of 58.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:VIVIDHA.

Visagar Polytex Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
48
Neutral
₹1.44B60.400.37%0.65%-4.33%
47
Neutral
₹165.45M-0.06-94.63%27.60%
45
Neutral
₹225.66M-7.753.57%-30.67%-22908.11%
44
Neutral
₹2.90B0.90-15.18%806.26%
42
Neutral
₹155.13M-12.750.05%115.21%34.66%
41
Neutral
₹444.01M0.960.40%-100.00%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:VIVIDHA
Visagar Polytex Limited
0.53
-0.26
-32.91%
IN:LAXMICOT
Laxmi Cotspin Ltd.
13.18
-11.59
-46.79%
IN:SALONA
Salona Cotspin Limited
262.95
21.45
8.88%
IN:SVPGLOB
SVP Global Textiles Limited
3.51
<0.01
0.29%
IN:VARDMNPOLY
Vardhman Polytex Ltd
6.04
-2.67
-30.65%
IN:WINSOME
Winsome Yarns Ltd
2.34
-710.99
-99.67%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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: Sep 06, 2026