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Prices as of 9 Oct 2026 close · Not investment advice

Virat Industries Limited

NSE: VIRATGarments & Apparels

Share price

₹435.40

+7.18% close of 9 Oct 2026

Market cap ₹632 CrP/E 95.4 (as of 8 Oct 2026)

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 5 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

42

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹632 Cr

P/E ratio

95.4

P/B ratio

4.8

ROCE

7.5%

ROE

6.3%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹741.0552-week low ₹300.00

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales fell 19.2% over the past year. Meanwhile what it keeps of every 100 rupees of sales slipped from 10.5% to 5.9% over the last four years.

Whether it grew faster than its sector

It grew 6.6% a year against a sector median of 7.2% — 0.7 percentage points slower.

Room to re-rate, or risk of de-rating

At 95.4× earnings it costs 4.0× the market, which pays 23.9× across 2199 companies we can price. Its own industry sits at 37.4×, across 5 companies. It is against its own five-year median of 201.0×, the 3rd percentile of its own range.

Whether growth justifies the valuation

Priced at 2.7 times its growth rate, on earnings growth of 35%.

Profit growthPrice per ₹1 profitPer 1% growth
Virat Industries Limited — this one35%/yr95.4×₹2.7
Page Industries Limited11%/yr53.0×₹4.8
Arvind Limited6%/yr30.5×₹5.1
Pearl Global Industries Limited25%/yr37.4×₹1.5
Gokaldas Exports Limited-25%/yr46.9×—
Lux Industries Limited-9%/yr31.3×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Garments & Apparels), it ranks 24 of 34 on returns, 21 of 32 on growth, 28 of 34 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 7.5% on capital, ahead of 29% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹5 crore of cash from the business and spent ₹2 crore on plant and equipment, with ₹3 crore to spare; it still raised ₹99 crore from lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 108 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back faster than it used to: it went from being waiting 170.8 days for its cash to waiting 164.0 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

6 of 8 checks clear · 75%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 13 Aug 2026 · Standalone · Unaudited

Revenue

₹9 Cr

Revenue vs last year

+9.8%

Revenue vs last quarter

+85.4%

Net profit

₹2 Cr

Profit vs last year

+142.4%

Profit vs last quarter

+103.2%

Net margin

22.6%

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹632 Cr
Prev close
₹435.40
52w High
₹741
52w Low
₹268
Enterprise value
₹590 Cr
Beta
0.5
Price CAGR 1y
-46.0%
Price CAGR 3y
15.0%
Price CAGR 5y
42.0%
Price CAGR 10y
14.0%

Ratios

Return on assets
3.7%
PEG ratio
2.9
P/E ratio
95.4
P/B ratio
4.8
EV / EBITDA
621.3
Industry P/E
21.2
ROCE
7.5%
ROCE 5y average
6.5%
ROE
6.3%
Debt / Equity
0.0
Interest coverage
134.2
Dividend yield
0.0%
ROE 3y average
4.0%
ROE last year
5.0%

Annual P&L

Annual revenue
₹27 Cr
Annual profit
₹5 Cr
Operating margin
3.5%
Net profit margin
18.4%
EBITDA margin
3.5%
Sales growth 3y
-10.7%
Sales growth 5y
6.5%
Profit growth 3y
35.0%
Profit growth 5y
39.0%
EPS
₹3.4
Sales growth TTM
-19.0%
Profit growth TTM
294.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹9 Cr
Profit latest quarter
₹2 Cr
YoY quarterly sales growth
9.9%
YoY quarterly profit growth
142.0%
OPM latest quarter
16.0%

Balance Sheet

Book Value
₹90.0
Face Value
₹10.0
Total debt
₹1 Cr
Total cash
—
Borrowings
₹1 Cr
Reserves / Equity
8.0

Cash Flow

Operating cash flow
₹3 Cr
Free cash flow
₹2 Cr
FCF yield
0.4%
Net cash flow
₹55 Cr

Shareholding

Promoter holding
74.5%
FII holding
0.0%
DII holding
—
Public holding
25.4%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Page Industries37,524.9553.641,8551.43192.8-4.01,420.57.964.4
Arvind Ltd532.4033.014,4830.8457.825.92,501.024.614.7
Pearl Global Ind1,276.8537.611,7960.5699.250.91,528.324.519.9
Gokaldas Exports666.6547.44,8850.0044.36.81,153.520.77.7
Lux Industries1,120.0032.53,3680.1722.0-8.1615.31.87.7
SBC Exports60.7085.12,8900.009.4269.8106.072.816.8
Kewal Kir.Cloth.457.6019.12,8200.8941.021.5279.019.417.2
Virat Industries340.7580.14950.002.1142.19.59.97.5
Median123.1021.84260.006.915.8111.99.914.0

Competes with: Arvind Limited, Gokaldas Exports Limited, Kewal Kiran Clothing Limited, Kitex Garments Limited, Lux Industries Limited, Page Industries Limited, Pearl Global Industries Limited, S. P. Apparels Limited, SBC Exports Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9.858.398.465.735.99126.317.738.617.245.855.109.46
Expenses8.977.808.675.435.54115.987.528.316.505.575.477.95
Material Cost2.73
Change in Inventories0.86
Purchases of Stock-in-Trade0
Employee Cost1.66
Other Expenses2.70
Operating Profit0.880.59-0.210.300.450.240.330.210.300.740.28-0.371.51
OPM %8.937.03-2.485.247.512.075.232.723.48104.79-7.2516
Other Income0.180.230.400.180.160.500.060.321.071.811.491.911.44
Exceptional items (within Other Income)0
Interest0.010.010.020.020.020.020.020.010.010.010.010.010.01
Depreciation0.370.370.390.320.300.200.200.290.180.130.120.090.10
Profit before tax0.680.44-0.220.140.290.520.170.231.182.411.641.442.84
Tax %22184.5529282524262524272725
Net Profit0.530.36-0.240.100.220.390.120.180.881.821.181.052.13
EPS in Rs1.080.73-0.490.200.450.790.240.370.611.250.810.721.47

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales21262634242620253832322728
Expenses17212129212317223531302625
Operating Profit3.625.145.125.142.953.192.092.883.061.541.220.952.16
OPM %18202015121211128.124.753.863.557.81
Other Income0.530.601.361.570.140.780.660.480.730.991.056.286.65
Interest0.090.040.080.140.100.050.060.030.070.050.070.050.04
Depreciation1.041.221.361.621.941.911.761.601.541.450.990.520.44
Profit before tax3.024.485.044.951.052.010.931.732.181.031.216.668.33
Tax %313330303926142126262626
Net Profit2.083.023.523.470.651.480.791.351.620.760.904.946.18
EPS in Rs4.226.137.157.051.323.011.602.743.291.541.833.404.25
Dividend Payout %43413521000360000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
0%
5 years
6%
3 years
-11%
TTM
-19%

Compounded profit growth

10 years
3%
5 years
39%
3 years
35%
TTM
294%

Stock price CAGR

10 years
14%
5 years
42%
3 years
15%
1 year
-46%

Return on equity

10 years
7%
5 years
5%
3 years
4%
Last year
5%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital4.924.924.924.924.924.924.924.924.924.924.9215
Reserves8.359.89141615171819202122116
Borrowings0.620.450.452.080.481.430.320.240.160.790.630.54
Other Liabilities3.363.952.984.623.443.422.733.765.474.954.663.51
Total Liabilities1719222724272628313132135
Fixed Assets5.456.078.7711109.327.435.834.604.613.673.39
CWIP000.031.2000000000
Investments0.260.250.25000000000
Other Assets1213131514171822262728131
Total Assets1719222724272628313132135

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3.955.231.701.613.151.474.200.05-1.725.22-0.822.54
Cash from Investing Activity-0.70-4.27-0.83-2.90-0.95-1.740.250.040.27-5.360.85-47
Cash from Financing Activity-2.42-1.06-1.711.53-2.270.88-1.20-0.14-0.660.52-0.28100
Net Cash Flow0.83-0.09-0.840.24-0.070.613.26-0.06-2.110.38-0.2555
Free Cash Flow3.483.39-1.80-3.572.230.664.360.05-2.033.88-0.872.28

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days167.3729305050785746536353
Inventory Days297221306219228269274322343247271301
Days Payable68671041028658527490435872
Cash Conversion Cycle244162232146193261300305299257276283
Working Capital Days71329276128132166171157142175164
ROCE %223131255.749.404.177.509.143.724.797.51

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters272727272727277575757575
FIIs0.510.510.510.510.510.510.3000000
Public727272727272732525252525
No. of Shareholders1,9981,9562,0451,9952,1352,0752,0161,9962,3482,1822,1922,192

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -38.3% (₹705.90 → ₹435.40)Brick size ₹31.98 (fixed)Bricks 31
₹600₹435Nov '25Mar '26Jun '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹435.40 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

News

News and filings about Virat Industries Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Textiles
Industry
Garments & Apparels
Classification
Textiles › Garments & Apparels
ISIN
INE467D01017

News impact

Big market events that reach Virat Industries Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

No dividends, splits or big trades on record.

Documents

Annual reports, results presentations and earnings calls, straight from the source.

No documents on record yet.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.