Vishal Fabrics Ltd.
Snapshot View

127.60 -1.05 ▼-0.8%

05 August 2021, 04:00:00 P.M.
Volume: 53,698

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.vishalfabricsltd.com
Financial Indicators
Market Cap 840.50 Cr.
Earnings per share (EPS) 5.54 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 23.03 Trailing Twelve Months Ending 2021-06
Industry PE 23.50 Trailing Twelve Months Ending 2021-06
Book Value / Share 41.73 Trailing Twelve Months Ending 2021-06
Price to Book Value 3.06 Calculated using Price: 127.60
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 6.59 Cr. 65,870,001 Shares
FaceValue 5
Company Profile

Vishal Fabrics, incorporated on October 22, 1985 under the Companies Act, 1956, is promoted by Chiripal Industries and is part of the Chiripal Group, Ahmedabad. It is engaged in the business of dyeing, printing and processing of fabrics of its own and also on job work basis. The company mainly procures Grey Fabric and dyes, prints and finishes the same as per the client’s requirements. The processing unit of the company is based in Narol, Ahmedabad in state of Gujarat. The plant has the capacity to print, dye and process wide range of fabrics i.e. cotton, polyester, viscose and man-made & blended fabrics suitable for men’s wear, women’s wear, home furnishing and many other applications. In addition, the company has recently started designing its own range of women wear, especially in lycra fabric for domestic sale. The company intends to gradually increase the scale of its designs. The company develops the designs as per the demand and trends of the customers.

The company was initially engaged in trading of fabrics. Though the company was incorporated in 1985, its activities were almost dormant till the year 1999. During the year 1999-2000, it took over the units of associate concerns, Bhushan Petrofils and Prakash Calender; both located at Narol, Ahmedabad, on lease basis and started the processing of fabrics. Over the years, with a view to expand the installed capacity and broad base the market of its products, the company put up its own Plant & Machinery.

In the year 2003, it set up a captive power plant for production of 2.3 MW power to improve productivity in processing plant. In the year 2005, it increased its processing capacity by installing the Wider Width Unit, which enabled it to process fabrics of up to 120 inch width. In the year 2011, the company further enhanced its processing capacity by setting up a Continuous Bleaching Range (CBR) unit. The CBR unit processes up to 80,000 meters of fabric per day as compared to 2,000 - 8,000 meters fabric in other machines.

Awards & Achievements:

The products processed in the company’s units has been certified by the Oeko-Tex Standard 100 signifying that its products i.e. White, Disperse Dyed and Printed 100% Polyester fabrics meet the human-ecological requirements, Further, the products fulfill the requirements of Annex XVII of REACH (including the use of azo-dyes, nickel, etc) as well the American requirement regarding total content of lead in children’s articles. This certificate has a yearly validity and the company has applied for renewal of the same on April 04, 2014.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.82%
1 Week
+7.68%
1 Month
+90.31%
3 Month
+166.11%
6 Month
+168.63%
1 Year
-30.30%
2 Year
-44.36%
5 Year
+50.49%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 1.81 5.45 6.97 16.58 18.81 9.94 10.63 8.60 12.99
Return on Capital Employed (%) 7.98 9.85 10.01 14.22 18.46 10.76 10.00 8.45 12.72
Return on Assets (%) 0.62 1.73 2.34 7.00 9.33 2.92 2.60 2.38 3.99

Balance Sheet View Details

Particulars 9 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.
Shh. Funds 37 39 44 69 83 183 199 217 247
Non Curr. Liab. 31 17 21 19 27 105 178 254 235
Curr. Liab. 50 67 60 53 53 156 383 268 288
Minority Int.
Equity & Liab. 117 123 125 142 164 444 760 738 770
Non Curr. Assets 47 40 37 51 81 207 322 338 322
Curr. Assets 70 83 88 90 83 237 438 400 449
Misc. Exp. not W/O 0 0 0
Total Assets 117 123 125 142 164 444 760 738 770

Profit Loss View Details

Particulars 9 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.
Net Sales 146 183 204 224 274 374 891 998 1,297
Other Income 1 0 0 0 0 0 1 1 2
Total Income 147 183 204 224 274 374 892 1,000 1,299
Total Expenditure -132 -166 -187 -205 -248 -343 -836 -924 -1,193
PBIDT 15 17 17 18 26 31 56 76 106
Interest -7 -7 -6 -5 -5 -5 -23 -26 -32
Depreciation -8 -8 -7 -3 -3 -6 -14 -29 -30
Taxation 1 -1 0 -1 -4 -10 -4 -3 -13
Exceptional Items 0 0 0 0 0 0 0
PAT 1 2 3 9 14 9 16 18 30

Cash Flow View Details

Particulars 9 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.
Cash Fr. Operatn. -12 5 4 9 22 -7 -39 44 47
Cash Fr. Inv. -5 -3 -1 -6 -32 -110 -146 -45 -14
Cash Fr. Finan. 17 -2 -3 3 5 146 161 3 -14
Net Change 0 0 0 5 -5 29 -24 2 19
Cash & Cash Eqvt 1 1 1 6 1 30 6 7 26

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 68.14 68.14 68.14 68.14 68.14 68.14 68.14 68.14 67.55
Public 31.86 31.86 31.86 31.86 31.86 31.86 31.86 31.86 32.45
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 9.86 15.88 15.88 25.88 25.88 19.86 13.24 13.95 10.09

Announcements View Details

Wed, 04 Aug 2021
Announcement under Regulation 30 (LODR)-Credit Rating
Dear Sir/Madam

Pursuant to Regulation 30 of the Listing Regulations this is to inform you that Brickwork Ratings India Private Limited (Credit Rating Agency) has rated the bank facilities of Vishal Fabrics Limited.

You are requested to kindly take the same on record.
Wed, 04 Aug 2021
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Dear Sir/Madam

We enclose herewith the Press Release on Vishal Fabrics bank loan facilities rating aggregating to Rs. 371.81 crores revised on performance.

We request you to take the above information on record.
Fri, 30 Jul 2021
Deduction Of Tax At Source On Dividend - Shareholders Communication
Dear Sir/Maam

In terms of the provisions of the Income-tax Act 1961 as
amended by the Finance Act 2020 dividend paid or distributed by a Company on or after 1st April 2020 shall be taxable in the hands of the shareholders.

In this regard please find attached communication to
shareholders regarding deduction of tax at source on dividend which is being sent to those shareholders whose email IDs are registered with the Company or Depositories. The communication is also available on the website of the Company viz. www.vishalfabricsltd.com.

The same is for your information and record please.

Technical Scans View Details

Thu, 05 Aug 2021
S Close Above Last Week High
S Close Above Last Month High
CCI Overbought Zone CCI Overbought Zone
RSI Overbought Zone RSI Overbought Zone
MFI Above 80 MFI Above 80

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