Vardhman Textiles Ltd
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Vardhman Textiles Ltd - overview
Established
1965
Location
Ludhiana, Punjab, India
Primary Industry
Materials
About
Based in Punjab, India, and founded in 1965 by S. P. Oswal, Vardhman Holdings operates as a manufacturing-based company providing greige and dyed yarns in a number of fabrics such as cotton, polyester, acrylic, organic cotton, melange, cellulose, and synthetics for the apparel industry and home textiles. In December 2010, Baring Private Equity Partners (India) acquired Vardhman Holdings for INR 33.
72 million, in a PIPE transaction. Vardhman Holdings manufactures a variety of products from yarns, fabrics, garments, threads, and steel including cotton yarn, special blended yarn, organic cotton yarn, core spun yarn, fair trade cotton yarn, melanges, organic fair-trade cotton, shirting, bottom weights, cotton nylon stretch, cotton modal, cotton nylon, commercial vehicles, tractors, cars, two wheelers, defence applications, railway components, cotton, polyester, core spun, nylon and filaments, handicraft, kite flying, shoes, and many more.
Current Investors
Baring Private Equity Partners
Primary Industry
Materials
Sub Industries
Textiles
Website
www.vardhman.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Vardhman Textiles Ltd - timeline of key events
Vardhman Textiles Ltd - financials
| Fiscal Year Ended | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 46,407,102,000 | 49,720,744,000 | 61,664,319,000 | 67,859,601,000 | 66,369,195,000 | 60,667,659,000 | 62,482,700,000 | 68,779,200,000 | 67,350,000,000 | 61,398,700,000 | - | - | - |
| % Revenue Growth (YoY) | - | 7.1% | 24.0% | 10.0% | (2.2%) | (8.6%) | 3.0% | 10.1% | (2.1%) | (8.8%) | - | - | - |
| EBITDA (USD) | 6,555,480,000 | 9,954,542,000 | 15,091,453,000 | 12,444,294,000 | 13,477,923,000 | 17,239,957,000 | 10,994,500,000 | 14,216,100,000 | 10,975,400,000 | 10,023,200,000 | - | - | - |
| Operating Income (USD) | 3,820,280,000 | 7,001,474,000 | 11,736,660,000 | 7,122,193,000 | 9,459,894,000 | 13,796,708,000 | 8,588,100,000 | 11,672,100,000 | 7,642,300,000 | 6,378,100,000 | - | - | - |
| Operating Margin | 8.2% | 14.1% | 19.0% | 10.5% | 14.3% | 22.7% | 13.7% | 17.0% | 11.3% | 10.4% | - | - | - |
| % EBITDA Margin | 14.1% | 20.0% | 24.5% | 18.3% | 20.3% | 28.4% | 17.6% | 20.7% | 16.3% | 16.3% | - | - | - |
| NET Income (USD) | 1,683,492,000 | 3,845,612,000 | 7,655,151,000 | 4,456,537,000 | 6,315,131,000 | 9,942,768,000 | 5,924,400,000 | 7,405,500,000 | 5,909,700,000 | 4,224,700,000 | - | - | - |
| % Net Margin | 3.6% | 7.7% | 12.4% | 6.6% | 9.5% | 16.4% | 9.5% | 10.8% | 8.8% | 6.9% | - | - | - |
Vardhman Textiles Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Vardhman Textiles Ltd | - | ||||||||
| Private Placement/Follow on | Completed | Vardhman Textiles Ltd | - | ||||||||
| Add-on | Completed | Vardhman Yarns and Threads Ltd | - | ||||||||
| Private Placement/Follow on | Completed | Vardhman Textiles Ltd | - | ||||||||
| PIPE | Completed | Vardhman Textiles Ltd | - |
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Vardhman Textiles Ltd - employee data
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