Vardhman Textiles Ltd Share Price Target 2026–2030
Vardhman Textiles Ltd (VTL) is one of India’s largest integrated textile manufacturers, with operations spanning yarn, fabric, acrylic fiber, and garments. Headquartered in Ludhiana, Punjab, the company exports to over 75 countries and holds a leadership position in India’s woven fabric segment. With a strong balance sheet, consistent dividend history, and strategic focus on value-added products, VTL has emerged as a resilient player in the cyclical textile sector. This article provides a data-backed outlook on the Vardhman Textiles share price target 2026–2030.
Vardhman Textiles Ltd: Company Overview
- Founded: 1962
- Headquarters: Ludhiana, Punjab
- Key Segments: Yarn (45%), Fabric (30%), Acrylic Fiber (15%), Garments (10%)
- Global Reach: Exports to 75+ countries; among top 3 woven fabric makers in India
- Ownership: Promoter-held (64.44%); part of the Vardhman Group
VTL benefits from backward integration, cost leadership, and a diversified product mix—making it less vulnerable to raw material volatility than peers.
Vardhman Textiles Ltd: Key Financial Snapshot
| Metric | Value |
|---|---|
| Current Share Price | ₹431.00 |
| Market Capitalization | ₹12,437.20 Cr |
| No. of Shares Outstanding | 28.92 Cr |
| 52-Week High / Low | ₹564 / ₹361 |
| P/E Ratio (TTM) | 15.74 |
| P/B Ratio | 1.24 |
| EPS (TTM) | ₹27.31 |
| Book Value (TTM) | ₹345.79 |
| ROE | 9.57% |
| ROCE | 11.46% |
| Dividend Yield | 1.16% |
| Face Value | ₹2 |
| Cash | ₹84.74 Cr |
| Total Debt | ₹1,237.90 Cr |
| Debt-to-Equity | 0.12 |
| Sales Growth (YoY) | 3.10% |
| Profit Growth (YoY) | 44.67% |
| Promoter Holding | 64.44% |
Vardhman Textiles Ltd Share Price Target Forecast (2026–2030)
| Year | Target Price Range (₹) |
|---|---|
| 2026 | ₹460 – ₹510 |
| 2027 | ₹490 – ₹560 |
| 2028 | ₹520 – ₹620 |
| 2029 | ₹550 – ₹680 |
| 2030 | ₹580 – ₹740 |
Vardhman Textiles Ltd Share Price Target 2026
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2026 | ₹460 | ₹510 |
VTL reported 44.67% YoY profit growth in FY25 despite modest sales growth (3.1%), driven by operational efficiency and product mix optimization. Trading at a P/E of 15.7x and P/B of 1.24x—below its 5-year average—the stock appears undervalued relative to its asset base and cash flow. A 2026 target of ₹460–₹510 assumes stable cotton prices and steady export demand.
Vardhman Textiles Ltd Share Price Target 2027
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2027 | ₹490 | ₹560 |
The company’s focus on high-margin specialty yarns and technical textiles offers margin resilience. If sales grow at 6–8% CAGR and EBITDA margins hold near 13%, EPS could reach ₹30–₹33 by FY27. At a P/E of 16–17x, the 2027 range of ₹490–₹560 is justified.
Vardhman Textiles Ltd Share Price Target 2028
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2028 | ₹520 | ₹620 |
By 2028, benefits from capacity expansion and automation should reflect in earnings stability. The company’s net worth stood at ₹9,985 Cr as of FY25—up 10% YoY—indicating internal capital generation. A P/E of 16.5–18x on projected EPS (~₹31–₹34) supports the ₹520–₹620 band.
Vardhman Textiles Ltd Share Price Target 2029
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2029 | ₹550 | ₹680 |
Long-term tailwinds include India’s PLI scheme for textiles, rising global demand for sustainable fabrics, and rupee depreciation aiding exports. Risks include cotton price volatility and global recession fears. Using a P/E of 17–19x on FY29 EPS (~₹32–₹36), the 2029 target is ₹550–₹680.
Vardhman Textiles Ltd Share Price Target 2030
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2030 | ₹580 | ₹740 |
Over a five-year horizon, VTL’s value lies in its irreplaceable manufacturing scale and export franchise—not explosive growth. If it sustains 10–12% ROCE and maintains a 20–25% dividend payout, a terminal P/E of 18–20x on FY30 EPS (~₹32–₹37) justifies the ₹580–₹740 range.
Vardhman Textiles Ltd: Shareholding Pattern
| Category | Holding (%) |
|---|---|
| Promoters | 64.44% |
| Domestic Institutional Investors (DII) | 16.34% |
| Foreign Institutional Investors (FII) | 5.72% |
| Public & Retail | 13.50% |
| Others | 0% |
High promoter holding ensures strategic continuity. Rising DII interest reflects confidence in governance.
Vardhman Textiles Ltd: Strengths vs Risks
Strengths:
- Integrated textile player with cost leadership
- Strong balance sheet: low debt (D/E: 0.12), high cash conversion
- Consistent dividend payer (1.16% yield; ~20% payout ratio)
- Export diversification reduces domestic dependency
Risks:
- Modest ROE (9.57%) and ROCE (11.46%)—below industrial peers
- Exposure to cotton price swings and global demand cycles
- Sales growth remains sluggish (3.1% YoY)
- P/B of 1.24x leaves a limited margin of safety if execution falters
Investment Suitability
| Factor | Assessment |
|---|---|
| Risk Profile | Moderate |
| Ideal Time Horizon | 3–5+ years |
| Volatility | Medium (textile sector cyclicality) |
| Dividend/Income Potential | Yes (1.16% yield + consistent payouts) |
| Best For | Conservative investors seeking manufacturing exposure with income |
- Vardhman Textiles: Best for integrated scale, low debt, and dividends
- Arvind Ltd: Higher growth but higher leverage
- KPR Mill: Premium valuation, strong export focus
Final Verdict
Vardhman Textiles Ltd combines operational excellence, financial prudence, and export leadership. While not a high-growth story, its undemanding valuation, consistent dividends, and strategic positioning make it a reliable compounder. Our Vardhman Textiles share price target 2026–2030 (₹460 to ₹740) reflects steady appreciation—if global demand holds and cotton prices stabilize.
Disclaimer: Price targets are estimates based on publicly available data and sector analysis. They are not investment advice. Consult a SEBI-registered advisor before making decisions.
Sources
- Screener.in – Vardhman Textiles Consolidated Page (FY2025 + TTM)
- Finology Ticker – VTL Financial Ratios & Valuation
- Vardhman Investor Presentation (Q3 FY26, Nov 2025)
- BSE India – Annual Report FY2025
- Ministry of Textiles – PLI Scheme Updates






