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Vardhman Holdings Ltd
NSE:VHL

Watchlist Manager
Vardhman Holdings Ltd Logo
Vardhman Holdings Ltd
NSE:VHL
Watchlist
Price: 3 112.3 INR -0.12% Market Closed
Market Cap: ₹9.9B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-77%
5Y
-62%
10Y
-86%
Operating Income
+
3Y
-86%
5Y
-69%
10Y
-92%
Net Income
+
3Y
-17%
5Y
+156%
10Y
+776%

Earnings Waterfall
Vardhman Holdings Ltd

Income Statement
Vardhman Holdings Ltd

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Income Statement
Currency: INR
Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025 Dec-2025
Revenue
Revenue
55
N/A
55
-1%
71
+29%
71
+0%
134
+89%
138
+3%
79
-43%
78
-1%
16
-79%
10
-37%
73
+623%
83
+13%
86
+4%
101
+18%
83
-18%
79
-5%
86
+9%
76
-11%
80
+4%
83
+5%
84
+1%
88
+4%
108
+23%
114
+5%
133
+17%
140
+5%
152
+8%
148
-2%
125
-16%
142
+14%
180
+26%
187
+4%
187
+0%
171
-9%
263
+54%
284
+8%
303
+7%
314
+3%
308
-2%
282
-8%
127
-55%
171
+35%
4
-98%
14
+254%
680
+4 825%
25
-96%
44
+73%
57
+30%
91
+59%
117
+29%
87
-26%
164
+90%
124
-24%
134
+8%
226
+69%
108
-52%
198
+83%
164
-17%
226
+38%
354
+56%
331
-7%
350
+6%
229
-35%
173
-24%
59
-66%
71
+20%
365
+416%
321
-12%
149
-54%
32
-78%
(260)
N/A
(253)
+3%
228
N/A
35
-85%
47
+34%
41
-13%
Gross Profit
Cost of Revenue
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
(0)
(0)
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Gross Profit
55
N/A
55
-1%
71
+29%
71
+0%
134
+89%
138
+3%
79
-43%
78
-1%
16
-79%
10
-37%
73
+623%
83
+13%
86
+4%
101
+18%
83
-18%
79
-5%
86
+9%
76
-11%
79
+4%
83
+5%
84
+1%
88
+4%
108
+23%
114
+5%
133
+17%
140
+5%
152
+8%
148
-2%
125
-16%
0
N/A
0
N/A
29
N/A
187
+543%
48
-74%
263
+446%
284
+8%
303
+7%
314
+3%
308
-2%
282
-8%
0
N/A
296
N/A
129
-56%
139
+8%
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
Operating Income
Operating Expenses
(3)
(3)
(3)
(2)
(2)
(2)
(2)
(2)
(3)
(3)
(3)
(4)
(5)
(8)
(10)
(10)
(3)
(11)
(9)
(8)
(6)
(12)
(11)
(13)
(10)
529
527
528
(10)
(13)
(14)
(19)
(6)
(17)
(17)
(12)
(14)
(18)
(27)
(29)
(36)
(36)
(30)
(38)
(25)
(6)
(14)
(17)
(30)
(35)
(33)
(36)
(60)
(51)
(50)
(47)
(23)
(25)
(25)
(35)
(31)
(39)
(42)
(36)
(44)
(36)
(36)
(33)
(43)
(51)
(69)
(79)
(62)
(52)
(31)
(22)
Selling, General & Administrative
(3)
(0)
(1)
(1)
(2)
(1)
(1)
(1)
(3)
(1)
(1)
(0)
(4)
0
0
0
(3)
(0)
(1)
(1)
(5)
(1)
(1)
(1)
(8)
(2)
(2)
(2)
(8)
(2)
(2)
(2)
(5)
(2)
(1)
(1)
(12)
0
0
(0)
(36)
(1)
(1)
(2)
(25)
(1)
(2)
(3)
(29)
(5)
(5)
(6)
(59)
(5)
(5)
(5)
(22)
(7)
(7)
(8)
(30)
(10)
(16)
(14)
(43)
(9)
(4)
(4)
(43)
(6)
(6)
(6)
(61)
(6)
(6)
(7)
Depreciation & Amortization
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
0
(0)
(0)
(0)
(1)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
0
0
0
(0)
0
0
0
(0)
0
0
0
(0)
0
0
0
(0)
0
0
0
(0)
0
0
0
(0)
0
0
(0)
(0)
(0)
(0)
0
Other Operating Expenses
0
(2)
(2)
(1)
0
(1)
(1)
(1)
0
(2)
(2)
(3)
0
(8)
(10)
(10)
(0)
(10)
(9)
(8)
(1)
(11)
(10)
(11)
(1)
531
530
530
(1)
(11)
(11)
(17)
(0)
(15)
(15)
(11)
(1)
(17)
(27)
(28)
0
(34)
(28)
(36)
0
(5)
(12)
(14)
(1)
(31)
(28)
(31)
(1)
(46)
(45)
(42)
(1)
(18)
(18)
(27)
(1)
(29)
(26)
(22)
(1)
(27)
(33)
(28)
(1)
(46)
(63)
(73)
(1)
(46)
(24)
(15)
Operating Income
52
N/A
52
+0%
68
+31%
69
+1%
132
+92%
136
+3%
77
-43%
76
-1%
13
-83%
7
-45%
70
+886%
79
+13%
82
+3%
94
+15%
73
-22%
69
-6%
82
+20%
65
-21%
70
+7%
75
+7%
78
+4%
76
-3%
97
+28%
101
+4%
123
+22%
669
+443%
679
+1%
676
0%
115
-83%
129
+12%
166
+29%
168
+1%
181
+8%
154
-15%
246
+60%
271
+10%
290
+7%
296
+2%
281
-5%
252
-10%
91
-64%
135
+49%
(26)
N/A
(25)
+5%
654
N/A
19
-97%
30
+58%
40
+33%
61
+52%
82
+34%
53
-35%
128
+140%
65
-50%
83
+29%
177
+112%
62
-65%
175
+184%
140
-20%
202
+44%
319
+58%
300
-6%
312
+4%
188
-40%
137
-27%
15
-89%
35
+129%
329
+841%
288
-12%
106
-63%
(19)
N/A
(329)
-1 616%
(333)
-1%
166
N/A
(17)
N/A
16
N/A
19
+19%
Pre-Tax Income
Interest Income Expense
0
0
0
0
0
0
0
0
0
0
0
0
(3)
0
0
0
(7)
0
0
0
(5)
0
0
0
0
0
0
0
(5)
0
0
0
(12)
0
0
0
0
0
0
0
1 495
0
0
0
2 405
425
950
1 473
1 946
1 830
1 616
1 626
1 532
1 051
902
834
1 145
2 185
3 351
4 066
4 276
4 314
3 553
2 664
2 215
1 703
1 511
1 765
1 812
2 229
2 471
2 593
2 545
2 619
2 540
2 422
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
539
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
64
6
7
9
6
7
9
9
8
9
8
7
7
9
9
9
10
9
9
9
9
9
12
12
12
13
11
12
14
14
13
13
12
23
24
23
22
12
12
14
13
1 519
1 530
1 530
36
3
6
10
14
14
15
15
14
14
14
14
12
12
12
12
18
20
22
23
19
19
19
18
25
25
25
25
18
19
19
19
Pre-Tax Income
116
N/A
58
-50%
75
+30%
78
+4%
138
+76%
143
+4%
86
-40%
85
-1%
21
-75%
16
-23%
78
+382%
86
+11%
86
0%
102
+19%
81
-21%
77
-5%
86
+11%
74
-13%
79
+7%
84
+6%
82
-3%
84
+3%
109
+30%
114
+4%
674
+494%
682
+1%
691
+1%
688
0%
125
-82%
143
+15%
179
+25%
181
+1%
181
+0%
177
-2%
271
+53%
294
+9%
311
+6%
308
-1%
292
-5%
266
-9%
1 599
+501%
1 655
+3%
1 504
-9%
1 506
+0%
3 095
+106%
448
-86%
986
+120%
1 523
+54%
2 020
+33%
1 926
-5%
1 684
-13%
1 769
+5%
1 611
-9%
1 148
-29%
1 092
-5%
909
-17%
1 332
+47%
2 336
+75%
3 565
+53%
4 396
+23%
4 595
+5%
4 645
+1%
3 762
-19%
2 824
-25%
2 249
-20%
1 756
-22%
1 859
+6%
2 071
+11%
1 942
-6%
2 235
+15%
2 167
-3%
2 286
+5%
2 730
+19%
2 620
-4%
2 574
-2%
2 460
-4%
Net Income
Tax Provision
(6)
(2)
(3)
(5)
(6)
(7)
(8)
(8)
(7)
(6)
(5)
(5)
(5)
(9)
(11)
(12)
(12)
(11)
(8)
(10)
(11)
(12)
(12)
(13)
(125)
(127)
(129)
(128)
(10)
(7)
(3)
(1)
(7)
(8)
(21)
(21)
(8)
(6)
2
(1)
(13)
(27)
(37)
(33)
(63)
(8)
(21)
(26)
(2)
1
6
(11)
(13)
(23)
(26)
(3)
(37)
(24)
(108)
(292)
(304)
(307)
(192)
(10)
35
26
(63)
(70)
(94)
(92)
(150)
(147)
(150)
(146)
(132)
(138)
Income from Continuing Operations
110
56
72
74
132
135
78
77
14
11
73
82
81
94
70
66
73
64
71
74
71
72
97
100
550
556
562
560
114
136
175
179
175
169
250
273
303
302
294
265
1 586
1 628
1 468
1 473
3 032
440
965
1 496
2 018
1 926
1 690
1 758
1 597
1 125
1 066
906
1 295
2 313
3 457
4 104
4 291
4 338
3 570
2 814
2 284
1 782
1 796
2 001
1 849
2 143
2 017
2 139
2 580
2 475
2 442
2 321
Net Income (Common)
110
N/A
56
-49%
72
+28%
74
+3%
132
+80%
135
+2%
78
-43%
77
-1%
14
-82%
11
-23%
73
+589%
82
+12%
81
-1%
94
+16%
70
-25%
66
-6%
73
+11%
64
-13%
71
+12%
74
+4%
71
-5%
72
+3%
97
+34%
100
+4%
550
+448%
556
+1%
562
+1%
560
0%
114
-80%
136
+18%
175
+29%
179
+2%
175
-3%
169
-3%
250
+48%
273
+9%
303
+11%
302
0%
294
-2%
265
-10%
1 586
+498%
1 628
+3%
1 468
-10%
1 473
+0%
3 032
+106%
440
-86%
965
+119%
1 496
+55%
2 018
+35%
1 926
-5%
1 690
-12%
1 758
+4%
1 597
-9%
1 125
-30%
1 066
-5%
906
-15%
1 295
+43%
2 313
+79%
3 457
+49%
4 104
+19%
4 291
+5%
4 338
+1%
3 570
-18%
2 814
-21%
2 284
-19%
1 782
-22%
1 796
+1%
2 001
+11%
1 849
-8%
2 143
+16%
2 017
-6%
2 139
+6%
2 580
+21%
2 475
-4%
2 442
-1%
2 321
-5%
EPS (Diluted)
34.4
N/A
18.09
-47%
22.4
+24%
22.96
+3%
41.28
+80%
42.28
+2%
25.03
-41%
24.06
-4%
4.31
-82%
3.21
-26%
22.81
+611%
25.53
+12%
25.24
-1%
29.34
+16%
21.93
-25%
20.56
-6%
22.87
+11%
19.84
-13%
22.28
+12%
23.18
+4%
22.06
-5%
22.62
+3%
30.24
+34%
31.34
+4%
171.84
+448%
173.62
+1%
175.56
+1%
174.96
0%
35.75
-80%
42.34
+18%
54.81
+29%
55.99
+2%
54.53
-3%
52.68
-3%
78
+48%
85.28
+9%
94.68
+11%
94.21
0%
91.96
-2%
82.81
-10%
495.56
+498%
508.68
+3%
458.59
-10%
460.31
+0%
947.53
+106%
137.37
-86%
301.43
+119%
467.62
+55%
630.71
+35%
601.9
-5%
528.09
-12%
549.37
+4%
499.09
-9%
351.68
-30%
333.06
-5%
283.12
-15%
404.71
+43%
722.68
+79%
1 080.15
+49%
1 282.43
+19%
1 340.87
+5%
1 355.62
+1%
1 115.62
-18%
879.21
-21%
715.75
-19%
558.21
-22%
562.76
+1%
627.16
+11%
579.28
-8%
671.31
+16%
632.04
-6%
670
+6%
808.4
+21%
775.34
-4%
765.08
-1%
727.33
-5%

See Also

Summary
VHL intrinsic value, competitors valuation, and company profile.
DCF Valuation
VHL stock valuation using Discount Cash Flow valuation method.
Relative Valuation
VHL stock valuation using valuation multiples.
Wall Street Estimates
VHL price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
VHL stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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