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Sector: Retailing

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Mid Cap

Vedant Fashions Share Price

Vedant Fashions Ltd.

387.75

-10.25(-2.58%)

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Vedant Fashions Performance

Price Movement

₹387.75

₹385.40

₹404.95

Today's LowToday's High

1 Year Performance

₹387.75

₹329.20

₹849.90

52 Week Low52 Week High

Markets Today

High₹404.95
Low₹385.40
Open at₹400.95
Prev Close₹398.00
Volumes3.27 L
Avg Price₹394.65
Lower Circuit₹318.40
Upper Circuit₹477.60

Historical Performance

3M High₹554.70
3M Low₹329.20
1 Yr High₹849.90
1 Yr Low₹329.20
3 Yr High₹1,512.00
3 Yr Low₹329.20
5 Yr High₹1,512.00
5 Yr Low₹329.20

Vedant Fashions Fundamentals

Market Cap
Market Runner Up
9,409.10 Cr.
PE Ratio (TTM)
Above industry Median
26
Dividend Yield
Market Runner Up
2.10
Net Profit TTM
10% decr over last year
362.34
Net Profit Growth
10% decr over last year
362.34
PEG Ratio
Negative PEG TTM
-2.60
ROE
16% decr over last year
21.74
Operating Revenue TTM
1,403.49
Operating Revenue Growth
1.7% incr over last year
Book Value
High in industry
5.10
MFI
MFI is mid-range
58.49
RSI
RSI is mid-range
57.46
EPS (TTM)
17.06
Debt to Equity
0
Face Value
1
Operating Profit Margin Qtr.
45.79
Operating Profit Qtr.
242.19
Net Profit Qtr.
157.98
Operating Revenue Qtr.
511.28
PB Ratio
5.10

Vedant Fashions Financials

*All values are in Rs. Cr
Loading chart...
Indicator
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Total Revenue491.71263.15281.19367.44511.28
Operating Expense273.62152.36160.60201.70269.09
Operating Profit218.09110.79120.59165.73242.19
Depreciation44.2141.6939.7839.4639.13
Interest14.0314.9614.1313.6213.94
Tax46.4017.9622.2533.6053.54
Net Profit134.9056.0870.26101.10157.98

Vedant Fashions Technicals

Vedant Fashions Ltd. EMA & SMA

387.75

-10.25 (-2.58%)

Bullish Moving Average

9

Bearish Moving Average

7

Day EMA5 ₹382.3
Day EMA10 ₹373
Day EMA12 ₹371.4
Day EMA20 ₹373.2
Day EMA26 ₹379.1
Day EMA50 ₹413.7
Day EMA100 ₹484.1
Day EMA200 ₹596.4

Vedant Fashions Support and Resistance

Resistance

First Resistance₹401.62
Second Resistance₹405.23
Third Resistance₹409.97

Support

First Support₹393.27
Second Support₹388.53
Third Support₹384.92

Technical Indicators

Day RSI57.46
Day MFI58.49
Day ADX28.68
Day Commodity Channel Index224.50
William-3.66
Day MACD-7.66
Day MACD Signal Line-17.14
Day ATR17.03
Day ROC125-42.73
Day ROC212.66

About Vedant Fashions Share Price

Vedant Fashions Limited operates as a focused participant in India’s celebration-wear retail segment, with its business centred on ethnic apparel for weddings and festive occasions. The company follows an asset-light franchise model, which allows store expansion across urban and semi-urban markets without heavy capital investment. This model supports stable operations and helps maintain consistent cash flows. Demand for its products is closely linked to recurring cultural events such as weddings, festivals, and social gatherings, which provide a steady base for revenue. In this context, Vedant Fashions Limited Share Price has generally been supported by predictable earnings and measured expansion rather than short-term shifts in consumption.

Vedant Fashions share price movements reflect brand recall, repeat customer demand, and margin stability. Similarly, Vedant Fashions stock price trends indicate investor comfort with its franchise-led approach and controlled cost structure. Over time, these factors have contributed to the gradual growth of Vedant Fashions market capitalization, keeping the Vedant Fashions stock quote relevant within discretionary retail.

Growth initiatives such as expansion in women’s wear, gradual progress in exports, and development of omni-channel retail continue to shape the company’s operations. These factors influence the Vedant Fashions Limited Share Trend without causing abrupt changes in valuation. At the same time, risks such as demand variability, discounting pressures, and store network density remain part of the business environment. Within this balance, Vedant Fashions Limited Share 2025-2026 is evaluated based on earnings consistency and cash generation. For many investors, Vedant Fashions Limited Share Price Today serves as a reference point, with Vedant Fashions share value assessed more on stability and long-term performance than rapid valuation changes.

Vedant Fashions Limited Fundamentals

A. Company Background

Vedant Fashions Limited is an Indian apparel company engaged in the design, manufacture, and retail of ethnic and celebration wear. The company was incorporated in 2002 by Ravi Modi and began its journey with a focus on men’s ethnic wear under the Manyavar brand. Over time, it expanded into a multi-brand platform catering to wedding and festive occasions, adding women’s wear and value segments to its portfolio.

The company operates on an asset-light, franchise-led business model, where a majority of its exclusive brand outlets are franchise-owned, allowing it to scale its retail presence with relatively low capital investment. Vedant Fashions was listed on Indian stock exchanges in February 2022 and has since maintained a strong position in the organized ethnic wear market. With a wide network of stores across India and a growing presence in international markets catering to the Indian diaspora, the company continues to focus on brand-led growth, operational efficiency, and consistent expansion across categories and geographies.

B. Company Product Lines

  • Core offering:
    • Men’s celebration and wedding wear under Manyavar (sherwanis, kurtas, jackets, accessories).
  • Women’s wear:
    • Sold under Mohey, focusing on bridal lehengas, sarees, and occasion wear.
  • Premium / niche segments:
    • Twamev for premium men’s ethnic wear.
  • Value segment:
    • Manthan targeting affordable ethnic wear.
  • Accessories:
    • Footwear, stoles, safas, and other complementary items.
  • International presence:
    • Franchise stores in markets such as the UAE, USA, Canada, and the UK serving diaspora demand.

C. Company Revenue Model

  • Franchise-led model:
    • Majority of stores are franchise-owned and operated, reducing capital intensity.
  • Revenue streams:
    • Sale of apparel and accessories to franchisees.
    • Limited revenue from company-owned stores and online channels.
  • Working capital efficiency:
    • Centralized manufacturing and inventory control help maintain low working capital requirements.
  • Demand drivers:
    • Weddings, festive occasions, and celebration events drive repeat purchases.
  • Profitability profile:
    High operating margins compared to typical apparel companies due to:
    • Asset-light structure
    • Strong brand positioning
    • Controlled discounting

D. Geographical Presence

  • Domestic presence:
    • Extensive network of exclusive brand outlets across India, covering metros, Tier-1, Tier-2, and smaller cities.
  • Retail network:
    • Stores located in high-footfall areas such as malls and high streets.
  • International presence:
    • Franchise stores in North America, Middle East, and other regions targeting Indian diaspora.
  • Supply chain:
    • Centralized design and sourcing with distribution hubs supporting store replenishment.
  • Market focus:
    • Majority of revenue continues to be driven by the Indian market, with international business as a supplementary segment.

E. Leadership and RecognitionVedant Modi – Chief Revenue Officer 

  • Anand Narang – Chief Marketing Officer
  • Amar Sethia – Chief Product Officer
  • Ajay Modi – Chief Supply Chain Officer
  • Rahul Murarka – Chief Financial Officer
  • Navin Pareek – Company Secretary & Compliance Officer
  • Ravi Modi – Chairman / Executive Director / Managing Director / Promoter
  • Shilpi Modi – Whole-Time Director & Executive Director
  • Manish Choksi – Independent Non-Executive Director
  • Sunish Sharma – Non-Executive & Non-Independent Director
  • Tarun Puri – Independent Non-Executive Director
  • Abanti Mitra – Independent Non-Executive Director
  • Navin Pareek – Company Secretary & Compliance Officer

F. Key Milestones

  • 2002: Incorporation of Vedant Fashions Limited and launch of Manyavar brand.
  • 2008–2015: Expansion of retail network across India through franchise model.
  • 2015: Launch of Mohey brand for women’s ethnic wear.
  • Subsequent years: Introduction of Twamev and Manthan brands to diversify portfolio.
  • 2022: Listing on Indian stock exchanges via IPO.
  • Ongoing: Expansion of domestic and international retail footprint and strengthening omnichannel capabilities.

G. Industry Perspective

The organised celebration-wear segment continues to benefit from formalisation and rising preference for branded apparel during weddings and festivals. Within this landscape, Vedant Fashions is generally seen as an execution-led retailer rather than a trend-driven fashion house. Industry observers often relate Vedant Fashions share price movement to demand durability and brand recall, instead of seasonal volatility.

Competition remains present, particularly from niche designers and regional players, but scale and franchise economics offer insulation. Indicators such as Vedant Fashions stock price and Vedant Fashions market price are often read alongside broader consumption cues rather than short-term promotions. Overall, the sector view remains steady, with Vedant Fashions stock value benefiting from a consistent operating model and predictable occasion-led demand. Stock Market Presence: Listings and Index Representation

Vedant Fashions share price is listed on the National Stock Exchange (NSE) under the ticker MANYAVAR and on the Bombay Stock Exchange (BSE) under code 543581. The stock is part of several indices, including Nifty Midcap 150, Nifty Smallcap 250, Nifty 500, Nifty MidSmallcap 400, Nifty500 Equal Weight, Nifty500 LargeMidSmall Equal-Cap Weighted, and Nifty India New Age Consumption. On the BSE side, it is included in indices such as S&P BSE 200, S&P BSE Dollex – 200, S&P BSE MidCap, S&P BSE 400 MidSmallCap Index, S&P BSE 250 LargeMidCap Index, S&P BSE 250 SmallCap Index, BSE Premium Consumption, and BSE 1000.

These inclusions improve visibility and support participation from passive investment funds. Vedant Fashions stock price maintains reasonable liquidity, supported by consistent trading volumes. The Vedant Fashions stock market capitalization allows it to be part of consumer discretionary indices, which helps maintain investor attention. Foreign portfolio investors track the Vedant Fashions share stock quote to gain exposure to branded ethnic retail without manufacturing-related risks, influencing Vedant Fashions stock price trends.

The shareholding structure shows promoters holding a majority stake, with participation from foreign portfolio investors, domestic institutions, and public shareholders. Institutional interest has increased, with mutual funds gradually raising allocations. Broker analysis often highlights Vedant Fashions Peer Comparison, where return ratios such as ROE are comparatively strong. Limited insider trading activity supports confidence in the Vedant Fashions share price trajectory, while improvements in ESG practices, such as sustainable packaging, have a modest positive effect on sentiment.

Stock Performance and Share Price History

Vedant Fashions share price has shown steady growth since its listing, although it has experienced periods of decline followed by recovery. The medium-term trend aligns with broader discretionary consumption patterns, while longer-term returns are slightly below some midcap benchmarks. Compared to other apparel companies, volatility in Vedant Fashions stock price has remained relatively moderate due to its franchise-based business model and consistent dividend payouts.

Performance indicators show improving relative strength over recent periods, supporting Vedant Fashions stock price momentum. Price fluctuations, measured through standard deviation, are lower than the consumer discretionary sector average, which contributes to stability in Vedant Fashions equity market value. The Vedant Fashions stock quote often trades at a premium compared to industry averages, supported by stable EBITDA margins.

The company maintains a consistent dividend payout ratio, which supports Vedant Fashions share value for income-focused investors. At the same time, internal cash generation preserves the possibility of capital allocation options such as buybacks, which can influence Vedant Fashions stock value. Institutional ownership trends have remained stable to positive, reinforcing the base level of Vedant Fashions share price.

From a price movement perspective, the stock has followed a gradual upward trend with periodic corrections. Trading patterns indicate steady participation rather than speculative activity, supported by consistent delivery volumes. The relatively low sensitivity to broader market fluctuations helps maintain Vedant Fashions share market price stability compared to peers.

Investor Relevance and Portfolio Role

Vedant Fashions share price is often considered in the context of its stable business model, consistent cash generation, and presence in the organized ethnic wear segment. The company’s operations generate regular free cash flows, supported by its franchise network and limited capital expenditure requirements. This supports valuation approaches that focus on steady revenue growth and dividend payouts.

The role of the company in investment portfolios is shaped by its balance between growth and stability. Revenue expansion is linked to store additions, product diversification, and gradual adoption of omni-channel retail. The company’s financial profile includes high return ratios, low debt, and consistent dividend distribution, which contribute to the perception of Vedant Fashions share value as relatively stable within discretionary consumption.

Sensitivity in Vedant Fashions share price is influenced by factors such as festive demand, wedding seasons, and margin management. At the same time, capital efficiency and cash reserves provide a degree of downside support. In diversified portfolios, the stock is often considered alongside other consumer discretionary companies, with allocation decisions based on demand cycles and valuation levels.

Sectoral Relevance and Peer Positioning

India’s ethnic celebration-wear retail segment is supported by cultural events, rising disposable incomes, and increasing preference for branded apparel. The market continues to expand gradually, with branded penetration still below total market size, leaving scope for organized players. In this context, Vedant Fashions share price reflects its position within a category driven by weddings, festivals, and social occasions.

The company’s operations include multiple brands and a structured product portfolio, which supports scale and customer reach. Compared to peers such as TCNS Clothing, Aditya Birla Fashion’s ethnic segment, and regional retailers, Vedant Fashions share price often reflects a premium due to relatively stable margins and return ratios. The company maintains a net cash position, which differs from some peers with higher leverage.

Operational aspects such as a franchise-led store network, design-to-retail process, and vendor relationships contribute to cost control and product availability. Omni-channel integration supports customer engagement, while services such as wedding-related consultations add to the retail experience. International operations, mainly through franchise and royalty-based models, provide additional revenue streams without significant capital requirements. These factors collectively influence Vedant Fashions share stock quote and its positioning within the sector.

Summary

Vedant Fashions Limited operates in a segment driven by cultural and social demand, supported by a franchise-based retail model and consistent cash flows. Vedant Fashions share price reflects stability derived from repeat demand, controlled expansion, and steady margins. The company’s presence across multiple indices, along with institutional participation, supports visibility in the equity market. While growth depends on factors such as product expansion and retail network development, risks related to demand cycles and competition remain relevant. Overall, Vedant Fashions stock price is evaluated based on operational consistency, financial discipline, and its position within India’s organized ethnic wear retail segment.

Vedant Fashions Shareholding Pattern

Held BySep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoter757575757574.9
FII9.510.510.19.99.89.3
DII11.610.410.611.110.912
Public3.94.14.34.14.43.8

Vedant Fashions Delivery And Volume

PeriodCombined Delivery VolumeNSE+BSE Traded Volume AvgDaily Avg Delivery Volume %
Day5.67 L7.62 L74.45%
Week2.39 L4.51 L52.88%
1 Month4.46 L7.54 L59.15%
6 Month1.83 L3.04 L60.35%

Vedant Fashions SWOT Analysis

Strengths12
Weakness13
Opportunity2
Threats1

Companies with no Debt

Benjamin Graham Value Screen

Buy Zone: Stocks in the buy zone based on days traded at current PE and P/BV

Relative Outperformance versus Industry over 1 Month

Annual Profit Growth higher than Sector Profit Growth

PEG lower than Industry PEG

Relative Outperformance versus Industry over 1 Week

Relative Outperformance versus Industry over 1 Month

Growth in Net Profit with increasing Profit Margin (QoQ)

Book Value per share Improving for last 2 years

Companies with Zero Promoter Pledge

RSI indicating price strength

Vedant Fashions Corporate Action

Ex-Date
Dividend Amount
Dividend Type
Record Date
Instrument Type
28 Aug, 20258FINAL28 Aug, 2025Equity Share
23 Aug, 20248.5FINALEquity Share
17 Aug, 20239FINAL17 Aug, 2023Equity Share
30 Aug, 20225FINALEquity Share

Vedant Fashions Stock Comparison

Financials
Price (₹)₹99.30₹244₹121.16₹2,430₹237.99
% Change-1.52%N/A-0.06%-0.59%-2.30%
Revenue TTM (₹ Cr)₹8,163.81₹8,315.59₹2,248.50₹1,509.55₹1,724.20
Net Profit TTM (₹ Cr)₹145.16₹-186.66₹212.14₹95.51₹140.98
PE TTM83.80-67.9031.9068.1051.50
1 Year Return-41.73-25.22-12.551.880.4
ROCE15.18-0.3525.0612.3032.89

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