Vardhman Holdings Limited

Investment company specializing in finance, loans, and securities trading.

1962 | Ludhiana, Punjab (India) | Active
Last Updated: July 12, 2024

Vardhman Holdings Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 3.19 Cr
  • Company Age 62 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -93.35%
  • Profit Growth -91.72%
  • Ebitda -97.01%
  • Net Worth 10.39%
  • Total Assets 10.43%

About Vardhman Holdings

Vardhman Holdings Limited (VHL) was founded in India on 27 December 1962 and has a glorious history of 62 years and one month. Its registered office is in Ludhiana, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500439 and on the National Stock Exchange(NSE) under VHL.

The Corporate was formerly known as Vardhman Spinning And General Mills Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 3.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vardhman Holdings Limited India are Poorva Bhatia as CFO and Aakriti Gupta as Company Secretary. Shri Oswal, Sachit Jain, Suchita Jain, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vardhman.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17111PB1962PLC002463

  • Company No.

    002463

  • Stock Symbol

    BSE : 500439 NSE : VHL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Dec 1962

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

What products or services does Vardhman Holdings Limited offer?

Vardhman Holdings Limited offers a wide range of products and services, including Yarns & Threads, Threads, Apparel Fabrics & Clothing Textiles, Apparel Denim Fabric, Salon Consumables & Disposables, Eyebrow Threading Thread, Fabric Printing, Garment Printing, Polyester Thread.

Who are the key members and board of directors at Vardhman Holdings?

Executive Team (3)

NameDesignationAppointment DateStatus
Shri Oswal Country flag representing In Managing Director12-Apr-1971Current
Poorva Bhatia Country flag representing In CFO08-Jul-2023Current
Aakriti Gupta Company Secretary06-Mar-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Devendrabhushan Jain Country flag representing In Director 29-Sep-2022Current
Sachit Jain Country flag representing In Director 30-Mar-2005Current
Suchita Jain Country flag representing In Director 30-Mar-2005Current
Rajeev Mittal Country flag representing In Director 11-Nov-2016Current
Vikas Kumar Country flag representing In Director 11-Nov-2016Current
Pooja Mehta Country flag representing In Director 29-Sep-2022Current

Financial Performance of Vardhman Holdings.

Vardhman Holdings Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 93.35% decrease. The company also saw a substantial fall in profitability, with a 91.72% decrease in profit. The company's net worth Soared by an impressive increase of 10.39%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-93.35%
Revenue from Operations
-94.88%
Total Assets
10.43%
Profit or Loss
-91.72%
Net Worth
10.39%
EBITDA
-97.01%

What is the Ownership and Shareholding Structure of Vardhman Holdings?

In 2021, Vardhman Holdings had a promoter holding of 74.90% and a public holding of 25.10%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Vardhman Holdings?

Unlock and access historical data on people associated with Vardhman Holdings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vardhman Holdings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vardhman Holdings's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Vardhman Holdings

Recent activity within the organization

  • Director Appointment

    Aakriti Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 06 Mar 2024 & has been associated with this company since 11 months 17 days .

    06 Mar 2024

  • Annual General Meeting

    Vardhman Holdings Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Vardhman Holdings Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Devendrabhushan Jain was appointed as a Director was appointed as a Director on 29 Sep 2022 & has been associated with this company since 2 years 4 months .

    29 Sep 2022

  • Director Appointment

    Manjul Pahwa was appointed as a Director was appointed as a Director on 29 Sep 2022 & has been associated with this company since 2 years 4 months .

    29 Sep 2022

  • Director Appointment

    Rajeev Mittal was appointed as a Director was appointed as a Director on 11 Nov 2016 & has been associated with this company since 8 years 3 months .

    11 Nov 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Vardhman Holdings Limited was incorporated on 27 Dec 1962.

  • The authorized share capital of Vardhman Holdings Limited is ₹ 40.00 Cr and paid-up capital is ₹ 3.19 Cr.

  • Currently 10 directors are associated with Vardhman Holdings Limited.

    • Shri Paul Oswal
    • Sachit Jain
    • Suchita Jain
    • Rajeev Mittal
    • Devendrabhushan Jain
    • Vikas Kumar
    • Pooja Mehta
    • Manjul Pahwa
    • Poorva Bhatia
    • Aakriti Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vardhman Holdings Limited is Chandigarh Road, Ludhiana, Punjab, India, 141010.

  • The corporate identification number (CIN) of Vardhman Holdings Limited is L17111PB1962PLC002463 and the company number is 002463 as per Ministry of Corporate Affairs (MCA).

  • Yes, Vardhman Holdings Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): VHL.

  • The Official website of Vardhman Holdings Limited is https://www.vardhman.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vardhman Holdings Limited has fallen by -93.35%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vardhman Holdings Limited has experienced an upsurge of 10.39%.

  • The most recent Balance Sheet for Vardhman Holdings Limited was filed with the ROC on 31 Mar 2023.

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