Vardhman Industries share price history, delisted: VARDHINDQ

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.Share news and announcements

Dec 2019
- 30 Dec · Effective Date For The Implmentation Of Approved Resolution Plan
  In terms of Resolution Plan submitted by JSW Steel Limited for Vardhman Industries Limited and as approved by the committee of creditors of the Company and the Hon'able NCLT and Hon'able .... (opens in a new tab)
- 16 Dec · Announcement under Regulation 30 (LODR)-Public Announcement-Delisting
  We refer to our earlier intimation dated December 14, 2019 and in this regard, we hereby inform you that, pursuant to the provisions of Regulation 30and Regulation 42(2) of the LODR Regulations, .... (opens in a new tab)
- 16 Dec · Management
  We wish to inform you that , in terms of the written order dated 19.12.2019 of NCLT order and as clarified by its order dated 16.04.2019 .... (opens in a new tab)
- 14 Dec · Business
  Said Resolution Plan, as approved by the NCLT and the NCLAT, is binding on the Company, employees, members, creditors, guarantors and other stakeholders involved, as per the provisions .... (opens in a new tab)
- 12 Dec · Business
  NCLAT Clarification Orders (opens in a new tab)
- 5 Dec · Business
  This is in furtherance to our earlier communication on December 26 2018in relation to the Resolution Plan submitted by JSW Steel Limited ('JSW Steel') for Vardhman Industries Limited as .... (opens in a new tab)

Daily closes since Jan 2007, adjusted for splits and bonuses

Daily close, ₹ per share

Results

Standalone, as consolidated accounts are on record for only 3 of the last ten years; ₹ crore, the charts by years to March, the table by quarter. No standalone results on record for the year to Mar 2016.Quarterly results

Quarter to Sep 2019, against the quarter beforeFiled 22 Nov

Revenue: ₹17 Crdown 21.59%
Net profit: −₹2.20 CrQuarter to Jun 2019: −₹0.95 Cr
Net margin: −13.3%

Revenue by year

Peak revenue ₹400 Cr, year to Mar 2014

Net profit by year, a loss in red

Net profit
Loss

A loss in 3 of the 9 years with results on record

₹ crore	Dec 2017	Mar 2018	Jun 2018Filed 20 Aug	Sep 2018Filed 24 Nov	Dec 2018Filed 16 Feb	Mar 2019Filed 14 Jun	Jun 2019Filed 19 Aug	Sep 2019Filed 22 Nov
Revenue	27.7	10.7	17.9	22.8	19.0	14.8	21.1	16.5
Net profit	−20.2	−11.0	−1.5	−0.4	−1.0	−2.6	−0.9	−2.2
Net margin	−72.8%	−102.8%	−8.1%	−1.8%	−5.3%	−17.7%	−4.5%	−13.3%

Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2019 the company reports one business segment, STEEL, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2019, per-share figures restated for splits and bonuses.

Over	Return a year	Earnings growth	Change in P/E	Dividend yield
1 year	−79.9%	–	–	0.0%
3 years	−57.5%	–	–	0.0%
5 years	−37.9%	–	–	0.0%

Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Vardhman Industries share price by year

Each calendar year to 2019.

Year	Close at year end	Change	Highest close	Lowest close
2019	1.52	−63.5%	3.97	1.06
2018	4.17	−69.5%	18.48	4.17
2017	13.67	−60.6%	45.85	10.50
2016	34.70	+11.2%	51.60	25.35
2015	31.20	−24.4%	44.10	25.40

₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 24 Dec 2019, as traded on BSE.

Date	Open	High	Low	Close	Average price	Volume
24 Dec 2019	1.52	1.52	1.52	1.52	1.52	9,358
23 Dec 2019	1.45	1.45	1.45	1.45	1.45	1,000
20 Dec 2019	1.39	1.39	1.39	1.39	1.39	1,000
19 Dec 2019	1.27	1.33	1.21	1.33	1.26	24,709
18 Dec 2019	1.27	1.27	1.27	1.27	1.27	2,600
17 Dec 2019	1.11	1.21	1.11	1.21	1.19	8,421
16 Dec 2019	1.16	1.16	1.16	1.16	1.16	2,000
13 Dec 2019	1.11	1.11	1.01	1.11	1.02	15,070
11 Dec 2019	1.06	1.06	1.06	1.06	1.06	3,000
6 Dec 2019	1.14	1.14	1.06	1.06	1.06	100

Prices in ₹ per share as traded, not adjusted.

Company details

Legal name: Vardhman Industries Ltd
BSE code: 513534
ISIN: INE458E01014
Listed: Apr 1994
Face value: ₹10
Website: www.vallabhgroup.com (opens in a new tab)
CIN: L74899DL1984PLC019492; Corporate identity number, the registrar of companies' code for it