Visagar Polytex Ltd
VIVIDHA NSE
Visagar Polytex Ltd
TextilesNSE: VIVIDHA BSE: 506146 Textiles & Apparels
Key Fundamentals
MicrocapTextiles & ApparelsTextilesMarket Cap
₹16.39 Cr
Volatility
Moderate
P/E Ratio
-10.4
EBITDA
₹-0.69 Cr
Return on Equity
-147.27%
Debt to Equity
3.28
Book Value
₹-0.01
52W High
₹0.91
52W Low
₹0.43
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Visagar Polytex Ltd insights
29 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Weaknesses
8- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -52.2% over past five years.
- Promoter holding is low: 5.63%
- Company has a low return on equity of -145% over last 3 years.
- Company might be capitalizing the interest cost
- Promoters have pledged 83.7% of their holding.
- Company has high debtors of 2,707 days.
- Working capital days have increased from 5,660 days to 11,041 days
Growth Rate
Revenue Growth
-
Net Income Growth
-4.71% ↗
Cash Flow Change
-96.61% ↘
ROE
-73.51% ↘
ROCE
-89.31% ↘
EBITDA Margin (Avg.)
-87.38% ↘
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 8.21 | 0 | 0 | 0 | 0 | 0 | 0.11 | 0 | 0.01 | 0 |
| Expenses | 0.68 | 0.25 | 0.08 | 7.8 | 14.58 | 0.22 | 0.2 | 0.11 | 0.12 | 0.49 | 0.1 | 0.05 | 0.18 |
| Operating Profit | -0.68 | -0.25 | -0.08 | 0.41 | -14.58 | -0.22 | -0.2 | -0.11 | -0.12 | -0.38 | -0.1 | -0.04 | -0.18 |
| OPM % | — | — | — | 4.99% | — | — | — | — | — | -345.45% | — | -400% | — |
| Other Income | 0.01 | 0 | 0 | 0 | 0.31 | 0 | 0 | 0 | 0.02 | 0 | 0 | 0 | 0 |
| Interest | 0.19 | 0.19 | 0.18 | 0.17 | 0.15 | 0.14 | 0.13 | 0.13 | 0.11 | 0.08 | 0.07 | 0.06 | 0.21 |
| Depreciation | 0.16 | 0.16 | 0.16 | 0.17 | 0.17 | 0.09 | 0.09 | 0.09 | 0.4 | 0.14 | 0.13 | 0.12 | 0.11 |
| PBT | -1.02 | -0.6 | -0.42 | 0.07 | -14.59 | -0.45 | -0.42 | -0.33 | -0.61 | -0.6 | -0.3 | -0.22 | -0.5 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -19.67% | 0% | 0% | 0% | -16% |
| Net Profit | -1.03 | -0.6 | -0.43 | 0.08 | -14.58 | -0.45 | -0.42 | -0.32 | -0.5 | -0.6 | -0.3 | -0.22 | -0.42 |
| EPS in Rs | -0.04 | -0.02 | -0.01 | 0 | -0.5 | -0.02 | -0.01 | -0.01 | -0.02 | -0.02 | -0.01 | -0.01 | -0.01 |
Profit & Loss
| Mar 2015 9m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 60.6 | 103 | 81.15 | 82.27 | 53.83 | 10.17 | 4.81 | 3.56 | 0.79 | 8.21 | 0 | 0.12 |
| Expenses | 56.32 | 99.75 | 77.19 | 78.18 | 51.52 | 23.6 | 4.25 | 2.78 | 1 | 22.3 | 0.59 | 0.82 |
| Operating Profit | 4.28 | 3.01 | 3.96 | 4.09 | 2.31 | -13.43 | 0.56 | 0.78 | -0.21 | -14.09 | -0.59 | -0.7 |
| OPM % | 7.06% | 2.93% | 4.88% | 4.97% | 4.29% | -132.06% | 11.64% | 21.91% | -26.58% | -171.62% | — | -583.33% |
| Other Income | 0.04 | 0.02 | 0.02 | 0.03 | 0.08 | 0.14 | 0.3 | 0.01 | 0.16 | 0.31 | 0.02 | 0.01 |
| Interest | 0.9 | 1.02 | 1.35 | 1.41 | 1.3 | 0.32 | 0.17 | 0.67 | 0.7 | 1.1 | 0.57 | 0.43 |
| Depreciation | 1.11 | 1.86 | 0.97 | 1 | 0.87 | 0.74 | 0.64 | 0.69 | 0.65 | 0.66 | 0.64 | 0.5 |
| PBT | 2.31 | 0.15 | 1.66 | 1.71 | 0.22 | -14.35 | 0.05 | -0.57 | -1.4 | -15.54 | -1.78 | -1.62 |
| Tax % | 25.97% | 33.33% | 18.07% | 17.54% | 27.27% | 0% | 0% | 0% | 0% | 0% | -6.74% | -4.94% |
| Net Profit | 1.71 | 0.11 | 1.36 | 1.41 | 0.16 | -14.35 | 0.04 | -0.57 | -1.4 | -15.53 | -1.66 | -1.54 |
| EPS in Rs | 0.07 | 0 | 0.06 | 0.06 | 0.01 | -0.49 | 0 | -0.02 | -0.05 | -0.53 | -0.06 | -0.05 |
| Div. Payout % | 9.82% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.68 | 18.47 | 24.62 | 24.62 | 29.27 | 29.27 | 29.27 | 29.27 | 29.27 | 29.27 | 29.27 | 29.27 |
| Reserves | 24.04 | 6.7 | 1.9 | 5.83 | 5.25 | -9.1 | -9.06 | -9.55 | -10.94 | -26.47 | -28.14 | -29.68 |
| Borrowings | 9.86 | 12.12 | 11.2 | 11.37 | 9.69 | 10.05 | 9.47 | 8.09 | 8.41 | 6.5 | 6.35 | 6.29 |
| Other Liabilities | 25.66 | 5.24 | 14.31 | 24.27 | 15.13 | 3.68 | 5.5 | 1.14 | 0.65 | 0.07 | -0.21 | 0.13 |
| Total Liabilities | 61.24 | 42.53 | 52.03 | 66.09 | 59.34 | 33.9 | 35.18 | 28.95 | 27.39 | 9.37 | 7.27 | 6.01 |
| Fixed Assets | 4.72 | 7.62 | 6.67 | 7.04 | 6.29 | 5.55 | 4.93 | 4.28 | 3.63 | 2.78 | 2.4 | 1.91 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.16 | 0.16 | 0.16 | 0.16 | 0.14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 56.36 | 34.75 | 45.2 | 58.89 | 52.91 | 28.35 | 30.25 | 24.67 | 23.76 | 6.59 | 4.87 | 4.1 |
| Total Assets | 61.24 | 42.53 | 52.03 | 66.09 | 59.34 | 33.9 | 35.18 | 28.95 | 27.39 | 9.37 | 7.27 | 6.01 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 0.1 | 3.21 | 0.17 | -1.19 | -3.65 | -0.13 | -0.06 | 0.18 | -0.39 | 1.18 | 0.04 | 0.17 |
| Investing | -0.36 | -4.76 | -0.03 | -1.37 | -0.12 | 0 | -0.02 | -0.04 | 0 | 0.74 | 0.46 | 0 |
| Financing | 0.26 | 1.6 | 0 | 2.52 | 3.91 | 0 | 0 | -0.19 | 0.32 | -1.91 | -0.5 | 0 |
| Net Cash Flow | -0.01 | 0.05 | 0.14 | -0.03 | 0.14 | -0.14 | -0.08 | -0.04 | -0.07 | 0 | 0 | 0.17 |
| Free Cash Flow | -0.26 | -1.55 | 0.14 | -2.56 | -3.77 | -0.13 | -0.08 | 0.14 | -0.39 | 1.37 | 0.5 | 0.17 |
| CFO/OP | 2 | 107 | 4 | -22 | -155 | 1 | -11 | 37 | 186 | -8 | -7 | -24 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 197 | 30.69 | 79.21 | 139 | 164 | 613 | 1,348 | 1,189 | 4,967 | 139 | — | 2,707 |
| Inventory Days | 152 | 96.4 | 129 | 119 | 189 | 147 | 952 | 1,948 | 7,081 | 45.98 | — | 7,665 |
| Days Payable | 167 | 18.97 | 65.36 | 113 | 106 | 49.95 | 465 | 134 | 199 | 0 | — | 40.56 |
| Cash Conversion Cycle | 183 | 108 | 143 | 145 | 247 | 710 | 1,835 | 3,004 | 11,849 | 185 | — | 10,332 |
| Working Capital Days | 129 | 70.22 | 93.02 | 102 | 186 | 732 | 1,613 | 2,327 | 10,326 | 280 | — | 11,041 |
| ROCE % | 9.34% | 3.21% | 8.03% | 7.85% | 3.51% | -38.05% | 0.73% | 0.35% | -2.57% | -80.13% | -14.42% | -17.81% |
Documents
1
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Apr - Regulation 74(5) certificate submitted for quarter and year ended 31 March 2026. 13 Apr - Regulation 74(5) certificate submitted for quarter and year ended 31 March 2026.
3
Unaudited Financial Result For The Quarter And Nine Months Ended December 31, 2025
9 Feb - Board approved unaudited results for quarter and nine months ended 31 Dec 2025: revenue Rs0.67L (quarter), Rs11.52L (nine months). 9 Feb - Board approved unaudited results for quarter and nine months ended 31 Dec 2025: revenue Rs0.67L (quarter), Rs11.52L (nine months).
4
Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Feb - Newspaper Publication for unaudited financial result for the quarter ended December 31, 2025 10 Feb - Newspaper Publication for unaudited financial result for the quarter ended December 31, 2025
5
Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Feb - Newspaper publication for unaudited financial result for the quarter ended December 31, 2025 10 Feb - Newspaper publication for unaudited financial result for the quarter ended December 31, 2025
Frequently Asked Questions about Visagar Polytex Ltd
What does Visagar Polytex Ltd do?
Incorporated in 1983, Visagar Polytex Ltd is mainly engaged in the textile business.[1]
Where is Visagar Polytex Ltd (VIVIDHA) listed?
Visagar Polytex Ltd is listed on the Indian stock exchanges. It is listed on NSE: VIVIDHA and BSE: 506146. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Visagar Polytex Ltd belong to?
Visagar Polytex Ltd operates in the Textiles sector within the Textiles & Apparels industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Visagar Polytex Ltd?
Visagar Polytex Ltd has a market capitalisation of approximately ₹16.39 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Visagar Polytex Ltd?
The Price-to-Earnings (PE) ratio of Visagar Polytex Ltd is -10.40. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Visagar Polytex Ltd?
Over the past 52 weeks, Visagar Polytex Ltd has traded between a low of ₹0.43 and a high of ₹0.91. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Visagar Polytex Ltd?
Visagar Polytex Ltd has a Return on Equity (ROE) of -147.27%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Visagar Polytex Ltd on Tapetide?
On Tapetide, you can view Visagar Polytex Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1983, Visagar Polytex Ltd is mainly engaged in the textile business.[1]
Website visagarpolytex.in
CEO Mr. Tilokchand Manaklal Kothari
Listed 2013-05-21
Face Value ₹ 1
Issued Size 29,27,00,534