Visagar Polytex Ltd.
Snapshot View

0.88 +0.04 ▲4.8%

30 July 2021, 09:10:00 A.M.
Volume: 3

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.visagarpolytex.in
Financial Indicators
Market Cap 24.59 Cr.
Earnings per share (EPS) 0.02 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 47.83 Trailing Twelve Months Ending 2021-06
Industry PE 25.89 Trailing Twelve Months Ending 2021-06
Book Value / Share 0.65 Trailing Twelve Months Ending 2021-06
Price to Book Value 1.29 Calculated using Price: 0.84
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 29.27 Cr. 292,700,534 Shares
FaceValue 1
Company Profile

Visagar Polytex Limited (VPL) was incorporated as ‘Barasia Holding & Trading Co. Limited’ on June 16, 1983 under the Companies Act, 1956. The name of the company was changed to ‘Visagar Polytex Limited’ and a fresh Certificate of Incorporation consequent to change in name was obtained on November 27, 2006. VPL is a professionally running company, promoted by dynamic entrepreneurs, who have total commitment to quality, transparent practices and vision of providing the best quality products to its ever growing list of clientele. Over the years, it has emerged as a leading name in the manufacturing of exquisite range of Sarees.

VPL has, as its main objects, to carry on in India or elsewhere the business of manufacturing, processing, producing, washing, dyeing, ginning, pressing, spinning, weaving, crimping, texturing, carding, bleaching, combing, doubling, finishing, calendaring, sizing, coloring, printing, mercerizing, reeling, winding, embroidering, blending, sorting, garneting, stretching, drying, drawing, cutting, improving, buying, selling, reselling, importing, exporting, transporting, warehousing, developing, marketing, supplying and to act as broker, trader, agent, C&F agent, distributor, representative, consultants, collaborator, adatia, stockiest, liasioner, job worker, export house or otherwise to deal in all types of textile goods, dress materials, fabrics, cloths, yarns, Partially Oriented Yarns (POY), denim, suiting, shirting, Sarees and other similar items made on power loom, handloom or mill by man made or natural material.

VPL made its maiden public issue of 2,47,930 equity shares of Rs. 10 each at par in November 1983 and the shares were listed at the Bombay Stock Exchange, Mumbai. VPL made a further Issue of 4,96,000 equity shares of Rs. 10 each at par in the month of May 2008 by way of rights issue to the shareholders of the company in the ratio of 2 (two) equity shares for every 1 (One) equity share held as on the Record Date i.e. April22, 2008. The total amount raised by way of the Rights Issue was Rs. 49,60,000.

The proceeds of the issue were used for long-term working capital requirements of the company. As the textile operations of the company started gaining momentum, the management decided to have a brand name for marketing the products of the company.

The company has started marketing of Sarees in the name of “Vividha” at UTI Building 4A, Chetan Seth Street, 4th Floor, Kolkata. The brand “Vividha” is copyright and registered in the name of Visagar Polytex Limited. Vividha aims at creating a blend of latest trends in fashion and best quality fabrics at the most reasonable prices.

Innovation and Quality are the prime words at Vividha. Despite cutthroat competition in textiles industry, the company has never ever compromised on quality and followed its tread marks on the path of success. The company is very strict in matters of quality control that ensures emergence of the best quality products to its customers. Vividha aims at creating 'one of its kind' offbeat concepts in sarees in plains, prints as well as value added categories and distributing them through selected outlets spread across India. With the same goal in mind, Vividha has its business spread throughout the country.

Business area of the company:

The company has a diverse product portfolio consisting of Plain Sarees, Printed Sarees, Embroidered Sarees, Heavy / Zari Sarees, Wedding Sarees, Designer / Value Added Sarees and Ghaghara / Lehanga and Chunni sets.

It manufactures and outsources sarees in Kolkata through local job workers and sell to wholesalers and retailers through our existing showrooms across different cities. Apart from Sarees, Ghaghra & Chunni sets we also manufacture twills i.e. interlining materials for travel bags, suitcases, ladies purse, wallets etc. at Surat (Gujarat) on contract manufacturing basis. Also, it trade gray cotton fabrics sourced from local power looms at Bhiwandi (Maharashtra).

The company enjoys tremendous respect and goodwill amongst its customers. Currently, it is supplying its products mostly to Kolkata, Mumbai, Sura and across Rajasthan. However, it also supplies its products to other whole sellers and retailers across the states of India.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.76%
1 Week
+6.02%
1 Month
-6.38%
3 Month
+29.41%
6 Month
-43.95%
1 Year
+100.0%
2 Year
+175.00%
5 Year
-67.77%
9 years 2012-06 2013-06 2014-06 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 5.88 4.09 4.25 6.85 0.42 5.25 5.18 0.53 -54.95
Return on Capital Employed (%) 8.77 7.23 7.16 9.35 3.22 8.03 7.84 3.52 -37.72
Return on Assets (%) 3.06 2.20 1.98 2.93 0.21 2.88 2.39 0.26 -30.87

Balance Sheet View Details

Particulars 9 years 2012-06 Rs. Cr. 2013-06 Rs. Cr. 2014-06 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.
Shh. Funds 23 23 24 26 25 27 30 35 20
Non Curr. Liab. 8 10 9 2 4 2 2 1 7
Curr. Liab. 8 13 23 34 14 23 34 24 7
Minority Int.
Equity & Liab. 39 46 56 61 42 52 66 59 34
Non Curr. Assets 8 7 6 6 9 8 9 8 6
Curr. Assets 31 39 49 55 34 44 57 52 27
Misc. Exp. not W/O
Total Assets 39 46 56 61 42 52 66 59 34

Profit Loss View Details

Particulars 9 years 2012-06 Rs. Cr. 2013-06 Rs. Cr. 2014-06 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.
Net Sales 59 63 71 61 103 81 82 54 10
Other Income 0 0 0 0 0 0 0 0 0
Total Income 59 63 71 61 103 81 82 54 10
Total Expenditure -57 -59 -68 -57 -100 -77 -78 -52 -24
PBIDT 3 3 3 4 3 4 4 2 -13
Interest -1 -1 -1 -1 -1 -1 -1 -1 0
Depreciation -1 -1 -1 -1 -2 -1 -1 -1 -1
Taxation 0 0 0 -1 0 0 0 0
Exceptional Items
PAT 1 1 1 2 0 1 1 0 -14

Cash Flow View Details

Particulars 9 years 2012-06 Rs. Cr. 2013-06 Rs. Cr. 2014-06 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.
Cash Fr. Operatn. -9 1 1 0 3 0 -1 -4 0
Cash Fr. Inv. -5 0 0 0 -5 0 -1 0
Cash Fr. Finan. 14 -1 -1 0 2 3 4
Net Change 0 0 0 0 0 0 0 0 0
Cash & Cash Eqvt 0 0 0 0 0 0 0 0 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 25.12 25.12 25.12 25.12 25.12 25.12 25.12 25.12 25.12
Public 74.88 74.88 74.88 74.88 74.88 74.88 74.88 74.88 74.88
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 18.77 18.77 18.77 18.77 18.77 18.77 18.77 18.77 18.77

Announcements View Details

Tue, 27 Jul 2021
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Tilokchand Kothari
Fri, 23 Jul 2021
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Tilokchand Kothari
Fri, 23 Jul 2021
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Sagar Tilokchand Kothari

Technical Scans View Details

Thu, 29 Jul 2021
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Either SRS Or ARS Going Above Zero Either SRS Or ARS Going Above Zero
Close Crossing Current Week High Close Crossing Current Week High
+DI crossing 25 from below +DI crossing 25 from below
Stochastic In Oversold Zone Stochastic In Oversold Zone

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