Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Visagar Polytex Limited

NSE: VIVIDHAGarments & Apparels

Share price

₹0.51

+2.00% close of 9 Oct 2026

Market cap ₹15 CrP/E —

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 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.

19

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

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

Market cap

₹15 Cr

P/E ratio

—

P/B ratio

-51.0

ROCE

-16.5%

ROE

-427.8%

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 ₹0.8052-week low ₹0.43

Answers

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

How fast it has been growing

Our sales figures for this company step up at Sep 2022 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Sep 2022 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

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

It has no earnings, so there is no price-to-earnings to compare.

Whether growth justifies the valuation

It has no earnings to weigh the price against.

Profit growthPrice per ₹1 profitPer 1% growth
Visagar Polytex Limited — this one-3%/yr——
Iris Clothings Limited25%/yr64.7×₹2.6
Monte Carlo Fashions Limited-6%/yr10.2×—
Rupa & Company Limited13%/yr12.8×₹0.98
Virat Industries Limited35%/yr102.3×₹2.9
Vishal Fabrics Limited—12.6×—

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 34 of 34 on returns, 34 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?

It is losing money on the capital in the business, so there is no advantage to measure.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1 crore of cash from the business, spent ₹1 crore on plant and equipment, and returned ₹2 crore to lenders and shareholders. It has not made a profit over 12 years.

Profit reality check

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

4 of 7 checks clear · 57%

How the profit check works

Latest result · Q1 FY27

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

Announced 13 Aug 2026 · Standalone · Unaudited

Revenue

₹0 Cr

Net profit

-₹0 Cr

EPS

₹-0.01

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
₹15 Cr
Prev close
₹0.51
52w High
₹0.8
52w Low
₹0.4
Enterprise value
₹21 Cr
Beta
1.2
Price CAGR 1y
-36.0%
Price CAGR 3y
-19.0%
Price CAGR 5y
-9.0%
Price CAGR 10y
-15.0%

Ratios

Return on assets
-25.7%
PEG ratio
—
P/E ratio
—
P/B ratio
-51.0
EV / EBITDA
—
Industry P/E
21.2
ROCE
-16.5%
ROCE 5y average
-22.6%
ROE
-427.8%
Debt / Equity
—
Interest coverage
-2.1
Dividend yield
0.0%
ROE 3y average
-145.0%
ROE last year
-428.0%

Annual P&L

Annual revenue
₹0 Cr
Annual profit
-₹2 Cr
Operating margin
-508.3%
Net profit margin
-1283.3%
EBITDA margin
-508.3%
Sales growth 3y
-46.6%
Sales growth 5y
-52.2%
Profit growth 3y
-3.0%
Profit growth 5y
—
EPS
₹-0.1
Sales growth TTM
118.0%
Profit growth TTM
28.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹0 Cr
Profit latest quarter
-₹0 Cr
YoY quarterly sales growth
109.1%
YoY quarterly profit growth
—
OPM latest quarter
-91.3%

Balance Sheet

Book Value
—
Face Value
₹1.0
Total debt
₹6 Cr
Total cash
₹0 Cr
Borrowings
₹6 Cr
Reserves / Equity
-1.0

Cash Flow

Operating cash flow
₹0 Cr
Free cash flow
₹0 Cr
FCF yield
-2.3%
Net cash flow
₹0 Cr

Shareholding

Promoter holding
5.6%
FII holding
—
DII holding
—
Public holding
94.4%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Page Industries36,603.0052.240,8271.47192.8-4.01,420.57.964.4
Arvind Ltd510.1531.613,8780.8657.825.92,501.024.614.7
Pearl Global Ind1,266.1037.411,6960.5699.250.91,528.324.519.9
Gokaldas Exports655.9546.74,8070.0044.36.81,153.520.77.7
Lux Industries1,115.0032.33,3530.1722.0-8.1615.31.87.7
SBC Exports63.1788.63,0080.009.4269.8106.072.816.8
Kewal Kir.Cloth.473.0019.72,9150.8341.021.5279.019.417.2
Visagar Polytex0.51150.00-0.435.00.2109.1-16.5
Median122.0520.84250.006.915.8111.99.914.0

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
Sales008.21000000.1100.0100.23
Expenses0.250.087.80150.220.200.110.120.490.100.050.180.44
Material Cost000000
Change in Inventories00.090-0.0100
Purchases of Stock-in-Trade0000.0100.18
Employee Cost0.020.020.020.020.020.02
Other Expenses0.100.370.090.020.160.24
Operating Profit-0.25-0.080.41-15-0.22-0.20-0.11-0.12-0.38-0.10-0.04-0.18-0.21
OPM %4.99-345-400-91
Other Income0000.310000.0200000
Exceptional items (within Other Income)000000
Interest0.190.180.170.150.140.130.130.110.080.070.060.210.04
Depreciation0.160.160.170.170.090.090.090.400.140.130.120.110.14
Profit before tax-0.60-0.420.07-15-0.45-0.42-0.33-0.61-0.60-0.30-0.22-0.50-0.39
Tax %0000000-20000-160
Net Profit-0.60-0.430.08-15-0.45-0.42-0.32-0.50-0.60-0.30-0.22-0.42-0.39
EPS in Rs-0.02-0.010-0.50-0.02-0.01-0.01-0.02-0.02-0.01-0.01-0.01-0.01
Diluted EPS in Rs-0.04-0.04-0.02-0.01-0.01-0.01

Profit & loss

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

Standalone · to 31 Mar 2026
Line itemMar 2015 9mMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales61103818254104.813.560.798.2100.120.24
Expenses56100777852244.252.781220.590.730.77
Material Cost00
Change in Inventories00.08
Purchases of Stock-in-Trade00.01
Employee Cost0.070.08
Other Expenses0.580.64
Operating Profit4.283.013.964.092.31-130.560.78-0.21-14-0.59-0.61-0.53
OPM %7.062.934.884.974.29-1321222-27-172-508-221
Other Income0.040.020.020.030.080.140.300.010.160.310.020.010
Exceptional items (within Other Income)00
Interest0.901.021.351.411.300.320.170.670.701.100.570.520.38
Depreciation1.111.860.9710.870.740.640.690.650.660.640.500.50
Profit before tax2.310.151.661.710.22-140.05-0.57-1.40-16-1.78-1.62-1.41
Tax %263318182700000-6.74-4.94
Net Profit1.710.111.361.410.16-140.04-0.57-1.40-16-1.66-1.54-1.33
EPS in Rs0.0700.060.060.01-0.490-0.02-0.05-0.53-0.06-0.05-0.04
Diluted EPS in Rs-0.12-0.05
Dividend Payout %9.8200000000000

Compounded growth

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

Compounded sales growth

10 years
-49%
5 years
-52%
3 years
-47%
TTM
118%

Compounded profit growth

10 years
—
5 years
—
3 years
-3%
TTM
28%

Stock price CAGR

10 years
-15%
5 years
-9%
3 years
-19%
1 year
-36%

Return on equity

10 years
-17%
5 years
-40%
3 years
-145%
Last year
-428%

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 Capital1.681825252929292929292929
Reserves246.701.905.835.25-9.10-9.06-9.55-11-26-28-30
Borrowings9.861211119.69109.478.098.416.506.356.29
Other Liabilities265.241424153.685.501.140.650.07-0.210.12
Total Liabilities6143526659343529279.377.276
Fixed Assets4.727.626.677.046.295.554.934.283.632.782.401.91
CWIP000000000000
Investments0.160.160.160.160.140000000
Other Assets5635455953283025246.594.874.09
Total Assets6143526659343529279.377.276

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 Activity0.103.210.17-1.19-3.65-0.13-0.060.18-0.391.180.040.17
Cash from Investing Activity-0.36-4.76-0.03-1.37-0.120-0.02-0.0400.740.460
Cash from Financing Activity0.261.6002.523.9100-0.190.32-1.91-0.500
Net Cash Flow-0.010.050.14-0.030.14-0.14-0.08-0.04-0.07000.17
Free Cash Flow-0.26-1.550.14-2.56-3.77-0.13-0.080.14-0.391.370.500.17

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 Days19731791391646131,3481,1894,9671392,707
Inventory Days152961291191891479521,9487,081467,665
Days Payable167196511310650465134199041
Cash Conversion Cycle1831081431452477101,8353,00411,84918510,332
Working Capital Days12970931021867321,6132,32710,32628011,041
ROCE %3.218.037.853.51-380.730.35-2.57-80-14-16

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
Promoters5.635.635.635.635.635.635.635.635.635.635.635.63
Public949494949494949494949494
No. of Shareholders1,05,2601,10,1051,31,4581,34,0751,40,0991,46,2341,47,6311,45,6541,43,7581,41,3301,39,7001,39,700

Price trend

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

Change over 1 year -33.8% (₹0.77 → ₹0.51)Brick size ₹0.03 (fixed)Bricks 31
₹0.60₹0.70₹0.80₹0.51Nov '25Jan '26Apr '26Jun '26
Price moved up one brickPrice moved down one brickLast close ₹0.51 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.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

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

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

6.12inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Visagar Polytex Limited. Open one to see why it matters.

Supply chain

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

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
INE370E01029

Plants

  • Visagar manufacturing unit Olpad

News impact

Big market events that reach Visagar Polytex 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.

Dividends

30 Mar 2016bonus₹0
22 Sep 2015unspecified₹0.03
28 May 2015bonus₹0
16 Dec 2014final₹0.1
6 Dec 2013final₹0.1

Splits, bonuses & buybacks

  • daily-prices repair: 15 rows from NSE's archive (replace 8, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

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

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