Virat Industries Ltd.
Snapshot View

219.00 -2.20 ▼-1.0%

27 May 2022, 04:01:00 PM
Volume: 1,082

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.viratindustries.com
Market Cap 106.47 Cr.
Enterprise Value(EV) 100.58 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 2.75 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 78.75 Trailing Twelve Months Ending 2022-03
Industry PE 19.74 Trailing Twelve Months Ending 2022-03
Book Value / Share 58.45 Trailing Twelve Months Ending 2022-03
Price to Book Value 3.70 Calculated using Price: 216.25
Dividend Yield 0.46 Period Ending 2021-03
No. of Shares Subscribed 0.49 Cr. 4,923,340 Shares
FaceValue 10
Company Profile

Virat Industries (VIL), is a public company, quoted on the Indian stock markets. VIL is a 100% Export Oriented Unit (EOU) manufacturing excellent quality socks for export, mainly to the European markets.

The company started its operations in 1995 and has successfully completed more than a decade in socks business. The socks are manufactured on the latest computerized electronic knitting machines by Lonati,Matec & Sangiacomo Italy supported with balancing equipment from Spain and other European markets. 

Production capacity is normally based on size, design and style of socks. As per the prevalent pattern of production, the production capacity of VIL is estimated at 3.5 million pairs per annum. 

Virat's factory is situated at the GIDC (Gujarat Industrial Development Corporation) Industrial Estate, Navsari, Gujarat. It is located adjacent to the National Highway No. 8, connecting Mumbai. Navsari, an industrial town, situated equidistant between two of the largest industrial cities in India namely MUMBAI (233 KM) and AHMEDABAD (260 km).

The factory was designed and engineered by Gherzi Textil Organisation, Switzerland and their Associates Gherzi Eastern Mumbai, India. VIL commenced production in November 1995 The project cost was around Rs. 85 million.

Product range of the company includes:

Virat plays the role of a contract manufacturer who supplies socks against specific orders. Socks are manufactured in cotton, cotton/viscose, wool, acrylic, wool/cashmere, wool/silk, cotton/silk.

  • Cotton dress
  • Casual socks, for Men, Ladies and Children - manufactured in Cotton, Cotton/Viscose, Wool, Acrylic, Wool/Cashmere, Wool/Silk,Clientele:

John Lewis, House of Fraser, TK Maxx, Next, Fatface in the UK, Migros in Switzerland and Shoe Mart in the Middle East.  The company is also an approved supplier to the Levis + Dockers brands in India.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.99%
1 Week
-1.40%
1 Month
+30.47%
3 Month
+72.37%
6 Month
+230.57%
1 Year
+480.13%
2 Year
+873.33%
5 Year
+77.40%
10 Year
+1465.40%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 23.56 29.32 16.26 21.49 21.19 17.84 3.19 7.08 3.59
Return on Capital Employed (%) 32.15 38.83 22.07 30.77 29.76 24.54 5.37 9.40 4.28
Return on Assets (%) 15.97 18.09 9.78 13.20 13.90 13.06 2.53 5.85 3.05

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 10 12 13 15 18 20 20 22 23 24
Non Curr. Liab. 1 4 2 3 5 1 1 1 0 0
Curr. Liab. 4 5 6 7 3 6 3 4 3 4
Minority Int.
Equity & Liab. 15 21 21 25 26 27 24 27 26 28
Non Curr. Assets 7 10 7 10 14 13 11 10 8 6
Curr. Assets 8 11 14 15 12 14 13 17 18 22
Misc. Exp. not W/O
Total Assets 15 21 21 25 26 27 24 27 26 28

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 21 22 21 26 26 34 24 26 20 25
Other Income 1 1 1 1 2 2 0 1 1 1
Total Income 21 23 21 26 27 36 24 27 20 25
Total Expenditure -17 -17 -17 -21 -21 -29 -21 -23 -17 -22
PBIDT 4 6 4 6 6 7 3 4 3 3
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation -1 -1 -1 -1 -1 -2 -2 -2 -2 -2
Taxation -1 -2 -1 -1 -2 -1 0 -1 0 0
Exceptional Items
PAT 2 3 2 3 4 3 1 1 1 1
Adjusted EPS 5 7 4 6 7 7 1 3 2 3

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 2 2 2 4 5 2 2 3 1 4
Cash Fr. Inv. 0 -2 -2 -1 -4 -1 -3 -1 -2 0
Cash Fr. Finan. -1 -1 0 -2 -1 -2 2 -2 1 -1
Net Change 0 0 0 1 0 -1 0 0 1 3
Cash & Cash Eqvt 2 0 0 1 1 0 1 1 1 4

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 47.50 47.50 47.50 47.50 47.50 47.49 47.50 47.50 27.19
Public 52.50 52.50 52.50 52.50 52.50 52.51 52.50 52.50 72.81
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 27 May 2022
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of SEBI (LODR) Regulations please find enclosed herewith a copy of the Newspaper Advertisement published on 27th May 2022 for Audited standalone financial results for the quarter and year ended 31st March 2022.
Thu, 26 May 2022
Board Meeting Outcome for Outcome Of Board Meeting Held On 26Th May 2022
We hereby inform you that the Board of Directors of Virat Industries Limited (the Company) at its Meeting held today i.e. May 26 2022 has inter alia approved the following:

1. The Audited Financial Results along with Auditors Report thereon for the fourth quarter and financial year ended March 31 2022.

2.Recommended a final dividend of ?1/- per equity share for the financial year ended March 31 2022.

3.The Board based on the recommendation of the Audit Committee has re-appointed BK Khare & Co. Chartered Accountants (Firm Registration No. 105102W) as the Statutory Auditors of the Company for the second term of 5 years i.e. from the conclusion of the 32nd AGM up to the conclusion of the 37th AGM of the Company to be held in the year 2027 subject to approval of shareholders of the Company

4. The 32nd Annual General Meeting (AGM) of the Company will be held on Thursday 8th September 2022 through permissible mode.
Thu, 26 May 2022
Audited Standalone Financial Results For The Quarter And Year Ended 31St March 2022
We hereby inform you that the Board of Directors of Virat Industries Limited (the Company) at its Meeting held today i.e. May 26 2022 has inter alia approved the following:

The Audited Financial Results along with Auditors Report thereon for the fourth quarter and financial year ended March 31 2022. The said Financial Results and the Auditors Reports are attached herewith. The audit report is submitted with an unmodified opinion (free from any qualifications) and the declaration is enclosed.

Technical Scans View Details

Fri, 27 May 2022
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