Inve India ▾

VTM share price & results

VTM Ltd· Textiles· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

Tamil Nadu textile manufacturer weaving export-led home-textile products (top-of-bed, bath and window textiles) with an in-house 3PL direct-ship model to overseas customers.

Company research is public. Sign in to keep your own companies, notes and cases.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue98.4 ₹ crore+36.7% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin5.9 %−5.8 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit1.9 ₹ crore−58.0% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity3.39 %−10.6 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-6.64 %+10.5 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)11.48 %−58.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

0 of 3 judged targets kept · 10 open · verdicts reflect calls analysed to Q4 FY26.

VTM Ltd management guidance track record on Inve: 13 targets tracked across analysed earnings calls (0 achieved, 3 missed, 10 open).

TargetOriginal wordingSaidLatest callVerdict
Quince business growthGrow about 20-25%
Call transcript, Q2 FY26 · 22 Jan 2026		Q2 FY26Q4 FY26:The 20-25% growth target for Quince was not mentioned. The focus shifted to price negotiations to improve margins after giving discounts.
Call transcript, Q4 FY26 · 11 Jun 2026		Ghosted
Top line growth25%-ish CAGR for the next 2 to 3 financial year
Call transcript, Q2 FY26 · 22 Jan 2026		Q2 FY26Q4 FY26:Management revised FY27 growth guidance down to 12-14%, significantly below the original 25% CAGR target.
Call transcript, Q4 FY26 · 11 Jun 2026		Revised Down
Non-US business growthGrow by about 25 to 30% over the next 2 years
Call transcript, Q2 FY26 · 22 Jan 2026		Q2 FY26Q4 FY26:Management confirmed diversification efforts into UK, Europe, Middle East, Japan, and Australia are in 'full swing' and expect results in 2-3 quarters.
Call transcript, Q4 FY26 · 11 Jun 2026		On Track

Source: Inve Guidance Tracker for VTM Ltd · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

3 of VTM Ltd's 13 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 10 more targets are in the full ledger.

Free account: 5 full ledgers a month and one Inve Case. Pro opens 100 a month, ₹499.
See the full record

Price

₹43.12 −4.45% · −₹2.01

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −35.8% 1Y

₹40₹60₹80₹100Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 22 Jan 2026Q4 FY26 — 11 Jun 2026

1Y: ₹67.2 on 24 Oct 2025 → ₹43.12. High ₹99.82 (9 Feb 2026), low ₹31.58 (8 Oct 2026).

Previous close
₹45.13
Market cap
₹413 Cr
52-week range
₹31.58 – ₹99.82
One year
−34.98%
Price to earnings (TTM to Jun 2026)
39.22×
Return on equity (TTM to Jun 2026)
3.39%

Overview

Symbol
NSE:VTMLTD
Sector
Textiles
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What VTM Ltd does

Based on the company's own presentations, annual report and earnings calls.

VTM Limited is a single-segment textile manufacturer that weaves fabric (including leno and dobby designs) at its Sulakarai (Virudhunagar, Tamil Nadu) factory and converts it into home-textile products such as top-of-bed, bath and window textiles, including GOTS-certified organic-cotton fabrics. Sales are export-led, with the company shipping directly to overseas customers via its own third-party-logistics-style warehousing and fulfilment operation rather than through intermediaries. It has been expanding home-textile manufacturing capacity and investing in weaving, finishing and renewable-power equipment at the same site.

Segments

  • Home Textiles
Manufacturing facility
Single factory at Sulakarai, Virudhunagar, Tamil Nadu (ISO Quality Management System, 5S and GOTS certified)
Home-textile facility expansion
New 1 lakh sq ft AI-equipped home-textile facility, doubling home-textile capacity
Solar power capacity
908 kW (DC) rooftop solar + 1.76 MW ground-mounted solar plant at Ottapidaram village
New weaving looms added (FY25)
4 x 190cm ITEMA rapier looms with Leno attachment, imported from Italy
Fabric inspection/finishing equipment added (FY25)
1 narrow-width roll packing machine + 2 wide-width double-side fabric inspection machines
Export market reach
Primary market US, with diversification into UK, Australia, Europe, South America and the Middle East
Headquarters Sulakarai, Virudhunagar, Tamil Nadu Company website

How the price took the results

close before → close after

Q4 FY26
−0.6%
11 Jun
Q2 FY26
+0.7%
22 Jan

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Your own record

Start an Inve Case for VTM Ltd

Free account: one company. Everything above stays public.

Write why you follow VTM Ltd and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.

What an account adds

Keep reading

Other Textiles companies

All Textiles companies → · Textiles earnings growth →

Learn to analyse VTM Ltd

Guides on how to read this kind of business and the numbers that matter.