Financial analysis: Please enable Javascript for full functionality. Company Website: Type: Industry: Textiles Headquarters: Ludhiana, Punjab CEO: Shri Paul Oswal Project Submitted to: Dr Pawan Jain Project Submitted by: 1. The company's segments include textiles and fibre. About See All. It is classified as Non-govt company and is registered at Registrar of Companies, Chandigarh. Corporate Responsibility. The supplier company is located in Ludhiana, Punjab and is one of the leading sellers of listed products. Vardhman Textiles Limited (formerly Mahavir Spinning Mills Limited) was incorporated in the year October 08, 1973. Electronics System Design & Manufacturing, Ministry of Commerce & Industry, Government of India, Merger of VMT spinning company with VTL investments Ltd. approved by the board of Vardhman Textiles. The company is a piece dyed fabric manufacturer, and cotton yarn manufacturer and exporter. Facebook is showing information to help you better understand the purpose of a Page. The company has approximately 1.1 million spindles and a capacity to manufacture over 580 metric ton (MT) of yarn per day. Company Website: https://www.vardhman.com/, Vardhman Textiles launched a new range of fabrics with anti-viral and anti-bacterial properties, Vardhman Textiles and Reliance Industries tied up for creation of innovative fabrics, Copyright © 2010-2021 India Brand Equity Foundation, All material, information, data, images or content on this website is subject to copyright or other applicable intellectual property laws and no part of it can be reproduced in any form (including paper or electronic form) without prior written consent and approval from IBEF. Local Business. The groups foray into Steel is a good example of this. Vardhman Textiles Ltd. Local Business . in the eighties, Oswal joined his family business group, Vardhman Group of Companies.He presently heads the group. The group is engaged in manufacturing and trading in yarn, fabric, sewing thread, acrylic fibre and alloy steel. Vardhman Text Share Price, Vardhman Text Stock Price, Vardhman Textiles Ltd. Stock/Share prices, Vardhman Textiles Ltd. Live BSE/NSE, F&O Quote of Vardhman Textiles Ltd. … Vardhman spinning & general mills limited. Headquartered in Ludhiana, it is one of the leading textile conglomerates of India. Vardhman portfolio includes manufacturing and marketing of Yarns, Fabrics, Sewing Threads, Fibre and Alloy Steel. Some examples are given below: VSGML started production with a capacity of 6000 spindles to manufacture cotton yarn in 1965. Vardhman Textiles Ltd. is part of the Vardhman Group that is engaged in the textile industry. 1. The Company is engaged in manufacturing of cotton yarn, synthetic yarn and woven fabric. Sales Vs Profit Growth - Analyzing the gross sales and PBT ratio, while the sales is growing at 9.5% CAGR the PBT is decreasing from 11.5% in 2005-2006 to 4.3% in 2008-2009. Reversible 2 … I have start my first job in Vardhman Textile Ltd , and i have learnt lot of thing about the Work and also Professional life. Vardhman Textiles Limited is an integrated textile manufacturer. 1. The group has a unique business model with presence in entire value chain from Fibre to Fabric this gives it the company the flexibility to reorganize their business effectively during down turns and ramp up faster than competitors when the economy is buoyant. 2011, VSSL was incorporated as independent identity under Vardhman Group. 126.7 cr: Kotak In the joint venture to be known in the name of VMT Spinning Company Ltd. 3. Vardhman group was incorporated in 1962 as Vardhman Spinning & General Mills (VSGML). The company was promoted by Vardhman Spinning and General Mills Ltd. Vardhman Spinning & General Mills Ltd (VSGML) was incorporated in Ludhiana, Punjab in 1962 by Shri V.S Oswal & Shri Ratan Chand Oswal. 1. Some of the important products of Vardhman group are: simple and blended yarns, acrylic fibre (brand Varlon), range of threads (apparel sewing, tea bags, industrial threads, etc. Active participant of Village Culture Adaptation program at Punjab to increase the cotton yield per hectare and the program was a huge success. Community See All. The group is engaged in manufacturing and trading in Yarn and Processed Fabric, Sewing Thread, Acrylic fibre and Alloy steel. [1] The total number of employees in the company as of April 2011 is 23000. Vardhman spinning & general mills limited. it was a great experience of my life where i have start my job. Vardhman Textiles Limited: 6,204: K.P.R. Bright Bar. 575,187,580. Vardhman textiles in-turn has holding in VMT Spinning (73.33%), Vardhman threads (100%) and Vardhman yarns and threads (11%). He is a post graduate in Commerce from Punjab University which he passed with Gold Medal. The group has been active in multiple educational and general wellness initiatives. The company was promoted by VS Oswal and RC Oswal initially and is now headed by S. P. 131 million metre per annum (mmpa) production of processed fabric during FY20, Total income from operations stood at Rs. Infringements are subject to prosecution under the applicable laws. The company entered into a joint venture agreement with M/s. manufacturers, Vardhman Textiles Limited (Vardhman)is the flagship company of the Vardhman Group. S.P. In this company fresher can learn more because it give sufficient time for training of new empolyee. Heat Treatment. The group's business portfolio includes Yarn, Greige and Processed Fabric, Sewing Thread, Acrylic Fibre and Alloy Steel. 1,000,000,000 and its paid up capital is Rs. S. P. Oswal was born in 1942, in Punjab. https://en.wikipedia.org/w/index.php?title=Vardhman_Group_of_Companies&oldid=978518292, Conglomerate companies established in 1965, All Wikipedia articles written in Indian English, Creative Commons Attribution-ShareAlike License, This page was last edited on 15 September 2020, at 11:34. The company's segments include textiles and fibre. The holding company in this case is Vardhman Holdings limited and the group companies are Vardhman Textiles (61%), Vardhman Industries (65%) and Vardhman Acrylic (60%). The Company offers wide range of greige and dyed yarns in cotton, polyester, acrylic, and a variety of blends. Spanning over 25 manufacturing facilities in five states across India, the Group business portfolio includes Yarn, Greige and Processed … Page Transparency See More. Before that steel division was unit of Vardhman Textiles Limited. Vardhman Group is a textile group based there. The Company is one of the leading textile manufacturers of India having its presence across a wide spectrum, from manufacturing yarns to fabric. The company entered into a joint venture agreement with Japan Exlan Co. Ltd. and Marubeni Corporation of Japan for setting up an acrylic fibre project for manufacture of 16,500 TPA acrylic fibre. The company is a piece dyed fabric manufacturer, and cotton yarn manufacturer and exporter. Vardhman is a major integrated textile producer in India. New FREE Guide: The Explosive Rs. The Group has expanded and is today the largest textile conglomerate in India. For consent related queries and conditions, please write to info.brandindia@ibef.org, An initiative of the Ministry of Commerce & Industry, Government of India, ALERT : Javacript is either disabled OR not not supported by this browser. It has its global alliances in USA, South Korea and Japan. Spanning over 24 manufacturing facilities in five states across India, the Group business portfolio includes Yarn, Greige and Processed Fabric, Sewing Thread, Acrylic Fibre and Alloy Steel. Vardhman Group has over 24 manufacturing facilities in five states. Steel Melting. Vardhman Textiles Limited is an integrated textile manufacturer. The company is engaged in the manufacturing of cotton yarn, synthetic yarn, woven fabric, sewing thread, acrylic fibre, tow, and garments. Incorporated in the year 1962, The Vardhman Group is a globally recognized textile conglomerate in India with an annual turnover of more than 1 billion USD. Started similar village adaptation program in MP and till now 2 villages have been adopted. 2. The holding company in this case is Vardhman Holdings limited and the group companies are Vardhman Textiles (61%), Vardhman Industries (65%) and Vardhman Acrylic (60%). Mission. Mill Limited: 6,021: Garware Wall Ropes Limited: 5,060: Trident Limited: 7,868: Indo Count Industries Ltd Sales growth - An analysis of the gross sales of the company between 2004-2009 shows that sales of the company is growing at an CAGR of 9.5% Financial Ratios Analysis of Vardhman Textiles Ltd. - The Key ratio of Vardhman Textiles Ltd. Company, including debt equity ratio, turnover ratio etc. Vardhman group of companies is a major integrated textile producer in India. Indian textiles and apparel industry contributed 2.3% to the GDP of India, 13% to industrial production and 12% to export earnings. About Vardhman Textiles Ltd Vardhman Textiles Limited manufactures textile products. It is inolved in Spinning, weaving and finishing of textiles. Oswal. The group is structured in such a way as to have a central holding company that is used for investing in the different group companies. VARDHMAN TEXTILES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/01/2021 ,inter alia, to … The Group has expanded and is today the largest textile conglomerate in India. Vardhman Textiles Limited - Loss of Share Certificates January 8, 2021, 12:00 am | Source: NSE Vardhman Textiles Limited has informed the Exchange about Loss of Share Certificates Rolling Mill. The group has a large cotton inventory holding capacity thus helping it to control its supply chain operations and thereby absorb fluctuations in market demand. Vardhman Textiles Limited ("the Company"), which comprise the Balance Sheet as at 31st. Vardhman Group was established in 1965. Vardhman Textiles Limited was incorporated on October 8th. Vardhman Textiles Ltd Vardhman Textiles Limited manufactures textile products. If the businesses are ranked in terms of profitability the order would be as follows: Yarn, Thread, Steel and Fabric. Exports account for 22% of the group's revenues. The Company offers wide range of greige and dyed yarns in cotton, polyester, acrylic, and a variety of blends. Vardhman Special Steels Limited incorporates cutting-edge manufacturing technology. The Company is engaged in manufacturing of cotton yarn, synthetic yarn, woven fabric, sewing thread, acrylic fiber, tow and garments. The company is engaged in the manufacturing of cotton yarn, synthetic yarn, woven fabric, sewing thread, acrylic fibre, tow and garments. Admission for undergraduate students is through the West Bengal Joint Entrance Examination. Vardhman group of companies is a major integrated textile producer in India. It offers the range of specialized greige and dyed yarns in cotton, polyester, acrylic and a range of blends. Reviews from Vardhman Textiles Ltd employees about Vardhman Textiles Ltd culture, salaries, benefits, work-life balance, management, job security, and more. From its humble beginning in 1965, with a production capacity of 6000 spindles of cotton yarn, today it has emerged as a reputed textile powerhouse Vardhman is a major integrated textile producer in India. The company was incorporated in 1973 and is based in Tiruppur. Its authorized share capital is Rs. oswal is Jain by religion.. S. P. Oswal is reported to have contributed to strengthen the spinning industry in North India. 6,909.47 crore (US$ 980.21 million) in FY20, Second largest producer of sewing threads in India. 2. Vardhman Textiles Limited Vardhman Group is a leading textile conglomerate in India having a turnover of $1009 mn. Marubeni Corporation & Toho Rayon Co. Ltd., Japan for setting up a 100 per cent Export Oriented Units (EOU) to manufacture cotton yarn with a capacity of 25,000 spindles at Baddi in Himachal Pradesh. The company undertook to set up of textile mill with a capacity of 25,000 spindles at Malarkotla in Sangrur district in Punjab. Vardhman seeks to achieve customer delight through excellence in manufacturing and customer service based on creative combination of state-of-the-art technology and human resources. Vardhman Text Standalone September 2020 Net Sales at Rs 1,532.90 crore, down 1.28% Y-o-Y 11.10.2019 Vardhman Textiles Q2 PAT may dip 35.5% YoY to Rs. Vardhman Textiles Limited is an integrated textile manufacturer. As a responsible corporate citizen, VSSL is committed to providing a safe, progressive, and sustainable work environment. Vardhman Textile has entered into Joint Venture Agreement on March 24th, 2008 with American & Efird Inc (A&E), a subsidiary of Ruddick Corporation, USA. 708 people follow this. Vardhman Group is a leading textile conglomerate in India having a turnover of $1.1 bn. See … With an employee strength of 23000+ and a deep history Vardhman Textiles Limited has created a name of itself in the textile market. Setting up Sri Aurobindo socio-economic and management research institute, setting up commerce and management colleges and schools ), shirting and trouser materials, forging and automotive components and steel. The group is structured in such a way as to have a central holding company that is used for investing in the different group companies. Vardhman textiles in-turn has holding in VMT Spinning (73.33%), Vardhman threads (100%) and Vardhman yarns and threads (11%). 704 people like this. The company has manufacturing facilities located in Punjab, Himachal Pradesh, and Madhya Pradesh. Vardhman was established in 1965 by Lala Rattan Chand Oswal. Vardhman Textiles Limited is a Public incorporated on 08 October 1973. About VARDHMAN TEXTILE LIMITED :-Established in 1965 , VARDHMAN TEXTILE LIMITED has made a name for itself in the list of top suppliers of in India. In order to build a competitive advantage, the group has been continuously working on improving its capabilities continuously and diversifying from its core Yarn and fabric business. Vardhman Textiles, incorporated in 1973, is one of the pioneers in textile industry with operations in the segments of yarn, sewing thread, steel, and fabric. Vardhman portfolio includes manufacturing and marketing of Yarns, Fabrics, Sewing Threads, Fibre and Alloy Steel. The company markets its products in the European Union, the United States, and the far East. The Government College of Engineering & Textile Technology Berhampore (previously known as the College of Textile Technology Berhampore) is a college of West Bengal University of Technology in Berhampore, West Bengal, India.It is a residential and co-educational institute. Peer Name Market Cap. Vardhman Group is a textile group based in Ludhiana, Punjab, India. 2. 2013, VSSL installed a fully automatic rolling mill with capacilty of 1,50,000 metric tonnes , 33 TPH hearth type reheating furnace. For more details, see the Vardhman Textiles quarterly results and Vardhman Textiles share price and chart.For a sector overview, read our textiles sector report. The company started exporting from 1990–91 and it exports mainly to Spain, UK, Germany, US, Japan and some African and E.Asian countries. Vardhman Group is a leading textile conglomerate in India having a turnover of $700 mn. 4 Lakh Crore Opportunity Here is the latest financial fact sheet of Vardhman Textiles. Vardhman aims to be world class textile organization producing diverse range of products for the global textile market. 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