---
title: "VTX Industries Ltd (VTXIND) — Share Price, Financials & Analysis"
symbol: "VTXIND"
company: "VTX Industries Ltd"
canonical: "https://tapetide.com/stocks/VTXIND"
generated_at: "2026-10-13T10:58:46.622Z"
---

# VTX Industries Ltd (VTXIND)

Canonical page: https://tapetide.com/stocks/VTXIND

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vtx.co.in

## About

VTX Industries Limited, formerly Vijayeswari Textiles Limited, is an India-based company engaged in textiles business. The Company is a vertically integrated textile manufacturing and exporting company with an international presence. The Company produces linen/cotton and silk cotton blended fabrics. Its products include sheets and pillow cases, duvet cover and shams, machine quilts and hand-made quilts, cushion covers and Egyptian cotton matelasse coverlets.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -16.0% over past five years.
- Contingent liabilities of Rs.3.51 Cr.
- Company has high debtors of 526 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -39% | — | — |
| revenue growth | -59% | -35% | -16% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 11 | 17 | 11 | 10 | 7 | 4 | 5 | 5 |
| Expenses | 4 | 17 | 30 | 17 | 14 | 5 | 17 | 25 |
| Operating Profit | 7 | 0 | -19 | -8 | -7 | -1 | -12 | -20 |
| OPM % | 63 | 0.2 | -164 | -77 | -93 | -40 | -268 | -395 |
| Other Income | -1 | 0 | 0 | -83 | -56 | 0 | 0 | 0 |
| Interest | 10 | 10 | 9 | 18 | 9 | 12 | 8 | 19 |
| Depreciation | 0 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
| Profit before tax | -4 | -13 | -31 | -112 | -74 | -16 | -24 | -41 |
| Tax % | -8 | 0 | 0 | 0 | 9 | 0 | 0 | 0 |
| Net Profit | -3 | -13 | -31 | -112 | -81 | -16 | -24 | -41 |
| EPS in Rs | -1.92 | -7.39 | -16.86 | -61.72 | -44.44 | -8.71 | -12.98 | -22.65 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 94 | 142 | 125 | 110 | 107 | 165 | 189 | 176 | 46 | 21 |
| Expenses | 82 | 122 | 109 | 118 | 104 | 125 | 150 | 118 | 79 | 61 |
| Operating Profit | 11 | 19 | 16 | -8 | 3 | 40 | 39 | 58 | -33 | -41 |
| OPM % | 12 | 14 | 13 | -7 | 3.1 | 24 | 21 | 33 | -71 | -197 |
| Other Income | 7 | 8 | 13 | 11 | 20 | 3 | -20 | 2 | -138 | -56 |
| Interest | 7 | 8 | 15 | 15 | 13 | 20 | 35 | 42 | 47 | 48 |
| Depreciation | -4 | 3 | 6 | 7 | 5 | 14 | 18 | 17 | 13 | 11 |
| Profit before tax | 15 | 16 | 9 | -19 | 5 | 8 | -34 | 2 | -231 | -155 |
| Tax % | 0 | 2 | 8 | -35 | 21 | 16 | -22 | 57 | 3 | — |
| Net Profit | 15 | 15 | 8 | -12 | 4 | 7 | -26 | 1 | -237 | -161 |
| EPS in Rs | — | 8.38 | 4.65 | -6.7 | 1.99 | 3.93 | -14.44 | 0.46 | -130.42 | -88.78 |
| Dividend Payout % | 6 | 12 | 17 | 0 | 25 | 15 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 40 | 129 | 122 | 110 | 112 | 118 | 92 | 93 | -144 |
| Borrowings | 74 | 117 | 155 | 223 | 264 | 273 | 266 | 275 | 317 |
| Other Liabilities | 29 | 39 | 44 | 26 | 30 | 28 | 39 | 50 | 84 |
| Total Liabilities | 147 | 304 | 339 | 377 | 424 | 437 | 415 | 436 | 275 |
| Fixed Assets | 29 | 61 | 85 | 92 | 131 | 221 | 210 | 170 | 157 |
| CWIP | 0 | 4 | 12 | 64 | 72 | 0 | 0 | 0 | 0 |
| Investments | 1 | 11 | 38 | 21 | 7 | 0 | 0 | 0 | 0 |
| Other Assets | 118 | 228 | 204 | 201 | 214 | 216 | 205 | 266 | 118 |
| Total Assets | 147 | 304 | 339 | 377 | 424 | 437 | 415 | 436 | 275 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 7 | -2 | -17 | -11 | 28 | 26 | 40 | 53 | 26 |
| Cash from Investing Activity | -4 | -49 | -61 | -49 | -22 | -13 | -7 | 23 | 0 |
| Cash from Financing Activity | -4 | 118 | 20 | 54 | 13 | -16 | -34 | -76 | -26 |
| Net Cash Flow | -1 | 67 | -58 | -6 | 19 | -3 | -2 | 0 | 0 |
| Free Cash Flow | 3 | -39 | -53 | -76 | -4 | 5 | 32 | 76 | 26 |
| CFO/OP | 59 | -4 | -85 | 136 | 882 | 66 | 100 | 90 | -79 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 151 | 116 | 168 | 146 | 126 | 108 | 93 | 189 | 526 |
| Inventory Days | 639 | 486 | 999 | 863 | 1325 | 1347 | 802 | 1344 | 375 |
| Days Payable | 265 | 145 | 254 | 205 | 296 | 176 | 127 | 200 | 397 |
| Cash Conversion Cycle | 525 | 457 | 913 | 804 | 1155 | 1279 | 769 | 1333 | 503 |
| Working Capital Days | 338 | 287 | 438 | 546 | 532 | 395 | 296 | 431 | 248 |
| ROCE % | — | 12 | 9 | -1 | 4 | 7 | 6 | 12 | -16 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 6 / 4 / 9

### Moving Averages — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 17.88 | Buy |
| EMA (10) | 18.03 | Buy |
| SMA (20) | 18.43 | Sell |
| EMA (20) | 18.37 | Sell |
| SMA (50) | 19.37 | Sell |
| EMA (50) | 18.76 | Sell |
| SMA (100) | 18.93 | Sell |
| EMA (100) | 18.1 | Buy |
| SMA (200) | 15.62 | Buy |
| EMA (200) | 15.6 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.98 | Neutral |
| MACD (12,26,9) | -0.44 | Sell |
| Stochastic (14,3,3) | 60.16 | Neutral |
| ADX (14) | 41.88 | Buy |
| Williams %R (14) | -26.39 | Neutral |
| ATR (14) | 1.32 | High Volatility |
| ROC (12) | -3.19 | Sell |
| Stoch RSI (14) | 97.93 | Sell |
| UO (7,14,28) | 74.09 | Sell |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/532824/5328240313.pdf) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/532824/5328240312.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/532824/5328240311.pdf) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/532824/5328240310.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2011-12-22 | Credit rating update — CRISIL |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:58:46.622Z.