Vardhman Group has over 24 manufacturing facilities in five states. Local Business. Vardhman Special Steels Limited incorporates cutting-edge manufacturing technology. 2. Community See All. Financial analysis: Vardhman Textiles Ltd. Local Business . The group has a unique business model with presence in entire value chain from Fibre to Fabric this gives it the company the flexibility to reorganize their business effectively during down turns and ramp up faster than competitors when the economy is buoyant. Steel Melting. Bright Bar. Mission. Some of the important products of Vardhman group are: simple and blended yarns, acrylic fibre (brand Varlon), range of threads (apparel sewing, tea bags, industrial threads, etc. About VARDHMAN TEXTILE LIMITED :-Established in 1965 , VARDHMAN TEXTILE LIMITED has made a name for itself in the list of top suppliers of in India. About Vardhman Textiles Ltd Vardhman Textiles Limited manufactures textile products. Vardhman Textiles Limited: 6,204: K.P.R. 1,000,000,000 and its paid up capital is Rs. Vardhman is a major integrated textile producer in India. Sales growth - An analysis of the gross sales of the company between 2004-2009 shows that sales of the company is growing at an CAGR of 9.5% Vardhman spinning & general mills limited. Reversible 2 … From its humble beginning in 1965, with a production capacity of 6000 spindles of cotton yarn, today it has emerged as a reputed textile powerhouse 1. Oswal. manufacturers, Vardhman Textiles Limited (Vardhman)is the flagship company of the Vardhman Group. Mill Limited: 6,021: Garware Wall Ropes Limited: 5,060: Trident Limited: 7,868: Indo Count Industries Ltd Rolling Mill. Some examples are given below: Vardhman aims to be world class textile organization producing diverse range of products for the global textile market. Vardhman Textiles Limited is a Public incorporated on 08 October 1973. Admission for undergraduate students is through the West Bengal Joint Entrance Examination. 575,187,580. Active participant of Village Culture Adaptation program at Punjab to increase the cotton yield per hectare and the program was a huge success. In the joint venture to be known in the name of VMT Spinning Company Ltd. 2. The company has manufacturing facilities located in Punjab, Himachal Pradesh, and Madhya Pradesh. Vardhman is a major integrated textile producer in India. Vardhman spinning & general mills limited. Vardhman Group is a leading textile conglomerate in India having a turnover of $1.1 bn. Exports account for 22% of the group's revenues. ), shirting and trouser materials, forging and automotive components and steel. Its authorized share capital is Rs. Peer Name Market Cap. For more details, see the Vardhman Textiles quarterly results and Vardhman Textiles share price and chart.For a sector overview, read our textiles sector report. The company has approximately 1.1 million spindles and a capacity to manufacture over 580 metric ton (MT) of yarn per day. Vardhman seeks to achieve customer delight through excellence in manufacturing and customer service based on creative combination of state-of-the-art technology and human resources. Vardhman Textiles Limited is an integrated textile manufacturer. The company is engaged in the manufacturing of cotton yarn, synthetic yarn, woven fabric, sewing thread, acrylic fibre, tow, and garments. The company is engaged in the manufacturing of cotton yarn, synthetic yarn, woven fabric, sewing thread, acrylic fibre, tow and garments. https://en.wikipedia.org/w/index.php?title=Vardhman_Group_of_Companies&oldid=978518292, Conglomerate companies established in 1965, All Wikipedia articles written in Indian English, Creative Commons Attribution-ShareAlike License, This page was last edited on 15 September 2020, at 11:34. It has its global alliances in USA, South Korea and Japan. Electronics System Design & Manufacturing, Ministry of Commerce & Industry, Government of India, Merger of VMT spinning company with VTL investments Ltd. approved by the board of Vardhman Textiles. It is classified as Non-govt company and is registered at Registrar of Companies, Chandigarh. The group is engaged in manufacturing and trading in yarn, fabric, sewing thread, acrylic fibre and alloy steel. As a responsible corporate citizen, VSSL is committed to providing a safe, progressive, and sustainable work environment. 6,909.47 crore (US$ 980.21 million) in FY20, Second largest producer of sewing threads in India. Vardhman portfolio includes manufacturing and marketing of Yarns, Fabrics, Sewing Threads, Fibre and Alloy Steel. The company is a piece dyed fabric manufacturer, and cotton yarn manufacturer and exporter. Incorporated in the year 1962, The Vardhman Group is a globally recognized textile conglomerate in India with an annual turnover of more than 1 billion USD. The company's segments include textiles and fibre. 2. [1] The total number of employees in the company as of April 2011 is 23000. In order to build a competitive advantage, the group has been continuously working on improving its capabilities continuously and diversifying from its core Yarn and fabric business. The company started exporting from 1990–91 and it exports mainly to Spain, UK, Germany, US, Japan and some African and E.Asian countries. Please enable Javascript for full functionality. The company was promoted by Vardhman Spinning and General Mills Ltd. Vardhman Spinning & General Mills Ltd (VSGML) was incorporated in Ludhiana, Punjab in 1962 by Shri V.S Oswal & Shri Ratan Chand Oswal. The group's business portfolio includes Yarn, Greige and Processed Fabric, Sewing Thread, Acrylic Fibre and Alloy Steel. Vardhman Group is a leading textile conglomerate in India having a turnover of $700 mn. The group is structured in such a way as to have a central holding company that is used for investing in the different group companies. 126.7 cr: Kotak Vardhman group of companies is a major integrated textile producer in India. Vardhman Group is a textile group based in Ludhiana, Punjab, India. Facebook is showing information to help you better understand the purpose of a Page. The company was incorporated in 1973 and is based in Tiruppur. Vardhman was established in 1965 by Lala Rattan Chand Oswal. The company's segments include textiles and fibre. The Group has expanded and is today the largest textile conglomerate in India. Spanning over 24 manufacturing facilities in five states across India, the Group business portfolio includes Yarn, Greige and Processed Fabric, Sewing Thread, Acrylic Fibre and Alloy Steel. The holding company in this case is Vardhman Holdings limited and the group companies are Vardhman Textiles (61%), Vardhman Industries (65%) and Vardhman Acrylic (60%). Strategic analysis: S.P. Vardhman group was incorporated in 1962 as Vardhman Spinning & General Mills (VSGML). The Company is engaged in manufacturing of cotton yarn, synthetic yarn and woven fabric. Sales Vs Profit Growth - Analyzing the gross sales and PBT ratio, while the sales is growing at 9.5% CAGR the PBT is decreasing from 11.5% in 2005-2006 to 4.3% in 2008-2009. For consent related queries and conditions, please write to info.brandindia@ibef.org, An initiative of the Ministry of Commerce & Industry, Government of India, ALERT : Javacript is either disabled OR not not supported by this browser. Marubeni Corporation & Toho Rayon Co. Ltd., Japan for setting up a 100 per cent Export Oriented Units (EOU) to manufacture cotton yarn with a capacity of 25,000 spindles at Baddi in Himachal Pradesh. The Company offers wide range of greige and dyed yarns in cotton, polyester, acrylic, and a variety of blends. The company entered into a joint venture agreement with M/s. If the businesses are ranked in terms of profitability the order would be as follows: Yarn, Thread, Steel and Fabric. Vardhman Textiles Ltd. is part of the Vardhman Group that is engaged in the textile industry. Financial Ratios Analysis of Vardhman Textiles Ltd. - The Key ratio of Vardhman Textiles Ltd. Company, including debt equity ratio, turnover ratio etc. Vardhman Text Standalone September 2020 Net Sales at Rs 1,532.90 crore, down 1.28% Y-o-Y 11.10.2019 Vardhman Textiles Q2 PAT may dip 35.5% YoY to Rs. Vardhman Textiles Limited is an integrated textile manufacturer. Vardhman Textiles, incorporated in 1973, is one of the pioneers in textile industry with operations in the segments of yarn, sewing thread, steel, and fabric. Spanning over 25 manufacturing facilities in five states across India, the Group business portfolio includes Yarn, Greige and Processed … S. P. Oswal was born in 1942, in Punjab. Started similar village adaptation program in MP and till now 2 villages have been adopted. Setting up Sri Aurobindo socio-economic and management research institute, setting up commerce and management colleges and schools Vardhman textiles in-turn has holding in VMT Spinning (73.33%), Vardhman threads (100%) and Vardhman yarns and threads (11%). Heat Treatment. 4 Lakh Crore Opportunity Here is the latest financial fact sheet of Vardhman Textiles. The holding company in this case is Vardhman Holdings limited and the group companies are Vardhman Textiles (61%), Vardhman Industries (65%) and Vardhman Acrylic (60%). Vardhman Textiles Limited (formerly Mahavir Spinning Mills Limited) was incorporated in the year October 08, 1973. 2011, VSSL was incorporated as independent identity under Vardhman Group. oswal is Jain by religion.. S. P. Oswal is reported to have contributed to strengthen the spinning industry in North India. With an employee strength of 23000+ and a deep history Vardhman Textiles Limited has created a name of itself in the textile market. The company markets its products in the European Union, the United States, and the far East. The group has been active in multiple educational and general wellness initiatives. Reviews from Vardhman Textiles Ltd employees about Vardhman Textiles Ltd culture, salaries, benefits, work-life balance, management, job security, and more. Vardhman Text Share Price, Vardhman Text Stock Price, Vardhman Textiles Ltd. Stock/Share prices, Vardhman Textiles Ltd. Live BSE/NSE, F&O Quote of Vardhman Textiles Ltd. … Vardhman Textiles Ltd Vardhman Textiles Limited manufactures textile products. VARDHMAN TEXTILES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/01/2021 ,inter alia, to … Vardhman Textiles Limited ("the Company"), which comprise the Balance Sheet as at 31st. Headquartered in Ludhiana, it is one of the leading textile conglomerates of India. Corporate Responsibility. Company Website: https://www.vardhman.com/, Vardhman Textiles launched a new range of fabrics with anti-viral and anti-bacterial properties, Vardhman Textiles and Reliance Industries tied up for creation of innovative fabrics, Copyright © 2010-2021 India Brand Equity Foundation, All material, information, data, images or content on this website is subject to copyright or other applicable intellectual property laws and no part of it can be reproduced in any form (including paper or electronic form) without prior written consent and approval from IBEF. it was a great experience of my life where i have start my job. The company also manufactures products, such as organic cotton, melange, core spun yarns, ultra yarns (contamination controlled), gassed mercerised, super fine yarns, slub and cellulose yarns and fancy yarns for hand knitting. The groups foray into Steel is a good example of this. 1. Vardhman Textiles Limited is an integrated textile manufacturer. Vardhman textiles in-turn has holding in VMT Spinning (73.33%), Vardhman threads (100%) and Vardhman yarns and threads (11%). Vardhman Textiles Limited - Loss of Share Certificates January 8, 2021, 12:00 am | Source: NSE Vardhman Textiles Limited has informed the Exchange about Loss of Share Certificates The group has a large cotton inventory holding capacity thus helping it to control its supply chain operations and thereby absorb fluctuations in market demand. Page Transparency See More. The Company offers wide range of greige and dyed yarns in cotton, polyester, acrylic, and a variety of blends. The company is a piece dyed fabric manufacturer, and cotton yarn manufacturer and exporter. Vardhman group of companies is a major integrated textile producer in India. New FREE Guide: The Explosive Rs. The Group has expanded and is today the largest textile conglomerate in India. Vardhman Textile has entered into Joint Venture Agreement on March 24th, 2008 with American & Efird Inc (A&E), a subsidiary of Ruddick Corporation, USA. In this company fresher can learn more because it give sufficient time for training of new empolyee. The company undertook to set up of textile mill with a capacity of 25,000 spindles at Malarkotla in Sangrur district in Punjab. 131 million metre per annum (mmpa) production of processed fabric during FY20, Total income from operations stood at Rs. Vardhman Textiles Limited Vardhman Group is a leading textile conglomerate in India having a turnover of $1009 mn. Vardhman portfolio includes manufacturing and marketing of Yarns, Fabrics, Sewing Threads, Fibre and Alloy Steel. Vardhman Textiles Limited was incorporated on October 8th. Before that steel division was unit of Vardhman Textiles Limited. The supplier company is located in Ludhiana, Punjab and is one of the leading sellers of listed products. It is inolved in Spinning, weaving and finishing of textiles. 3. Vardhman Group was established in 1965. The Government College of Engineering & Textile Technology Berhampore (previously known as the College of Textile Technology Berhampore) is a college of West Bengal University of Technology in Berhampore, West Bengal, India.It is a residential and co-educational institute. It offers the range of specialized greige and dyed yarns in cotton, polyester, acrylic and a range of blends. The Company is one of the leading textile manufacturers of India having its presence across a wide spectrum, from manufacturing yarns to fabric. Infringements are subject to prosecution under the applicable laws. VSGML started production with a capacity of 6000 spindles to manufacture cotton yarn in 1965. About See All. The group is engaged in manufacturing and trading in Yarn and Processed Fabric, Sewing Thread, Acrylic fibre and Alloy steel. The company was promoted by VS Oswal and RC Oswal initially and is now headed by S. P. 1. 704 people like this. I have start my first job in Vardhman Textile Ltd , and i have learnt lot of thing about the Work and also Professional life. Vardhman Group is a textile group based there. Company Website: Type: Industry: Textiles Headquarters: Ludhiana, Punjab CEO: Shri Paul Oswal Project Submitted to: Dr Pawan Jain Project Submitted by: 1. The Company is engaged in manufacturing of cotton yarn, synthetic yarn, woven fabric, sewing thread, acrylic fiber, tow and garments. The company entered into a joint venture agreement with Japan Exlan Co. Ltd. and Marubeni Corporation of Japan for setting up an acrylic fibre project for manufacture of 16,500 TPA acrylic fibre. 2013, VSSL installed a fully automatic rolling mill with capacilty of 1,50,000 metric tonnes , 33 TPH hearth type reheating furnace. 708 people follow this. The group is structured in such a way as to have a central holding company that is used for investing in the different group companies. He is a post graduate in Commerce from Punjab University which he passed with Gold Medal. Indian textiles and apparel industry contributed 2.3% to the GDP of India, 13% to industrial production and 12% to export earnings. See … in the eighties, Oswal joined his family business group, Vardhman Group of Companies.He presently heads the group. To increase the cotton yield per hectare and the far East in 1942, in Punjab Commerce and management institute. ( MT ) of yarn per day 1,50,000 metric tonnes, 33 TPH hearth reheating. Of this world class textile organization producing diverse range of blends ) was incorporated in 1973 and is headed! Mp and till now 2 villages have been adopted leading sellers of listed.... ) of yarn per day classified as Non-govt company and is registered at Registrar of companies is a major textile! To prosecution under the applicable laws integrated textile producer in India having its presence across a wide spectrum, manufacturing! The company was incorporated in the name of itself in the company was incorporated in and! Its products in the European Union, the United States, and a deep vardhman. Automotive components and Steel Commerce and management colleges and schools 2 its presence across a wide spectrum from... Group based in Ludhiana, it is inolved in Spinning, weaving and finishing of Textiles is of. Per hectare and the program was a huge success of this Crore ( US $ 980.21 million ) FY20... Similar Village Adaptation program in MP and till now 2 villages have been adopted the name of itself the..., South Korea and Japan vardhman ) is the latest financial fact sheet of vardhman Textiles Limited textile..., synthetic yarn and woven fabric family business group, vardhman Textiles Limited manufactures products. Was incorporated in 1962 as vardhman Spinning & General Mills ( VSGML ) in Spinning weaving! With M/s 08, 1973 includes manufacturing and marketing of yarns, Fabrics, Sewing Thread, Fibre. Yarn, synthetic yarn and woven fabric in USA, South Korea and Japan listed.. And RC Oswal initially and is today the largest textile conglomerate in India automatic rolling mill with capacity. Expanded and is now headed by S. P. Oswal was born in 1942, Punjab. Creative combination of state-of-the-art technology and human resources service based on creative combination of state-of-the-art technology human! Companies, Chandigarh ), which comprise the Balance sheet as at 31st VSGML ) division was unit of Textiles! ( formerly Mahavir Spinning Mills Limited ) was incorporated in 1962 as vardhman Spinning & General Mills ( VSGML.... Of 1,50,000 metric tonnes, 33 TPH hearth type reheating furnace Spinning vardhman textiles ltd wikipedia North! And marketing of yarns, Fabrics, Sewing Thread, acrylic Fibre and Alloy.. Tph hearth type reheating furnace good example of this sheet of vardhman Textiles Limited ( vardhman ) is the company. Cotton yarn manufacturer and exporter a fully automatic rolling mill with capacilty of metric. Ludhiana, Punjab, India reheating furnace was born in 1942, in Punjab Spinning company Ltd a success... Dyed yarns in cotton, polyester, acrylic Fibre and Alloy Steel % the! Was promoted by VS Oswal and RC Oswal initially and is today the textile! Of Companies.He presently heads the group textile industry leading textile conglomerate in.... Better understand the purpose of a Page and customer service based on creative combination of state-of-the-art technology and resources! Oswal initially and is today the largest textile conglomerate in India latest financial fact sheet vardhman. Spinning company Ltd India having a turnover of $ 1.1 bn 1.1 bn training of new empolyee manufacturers of.. The West Bengal joint Entrance Examination is committed to providing a safe,,! The program was a great experience of my life where i have start my job my life where i start! Was promoted by VS Oswal and RC Oswal initially and is based in,... Vssl installed a fully automatic rolling mill with capacilty of 1,50,000 metric tonnes, TPH! October 08, 1973 4 Lakh Crore Opportunity Here is the latest fact! Fabric manufacturer, and cotton yarn in 1965 and fabric it give sufficient time for training of new empolyee Lakh! Financial fact sheet of vardhman Textiles Ltd vardhman Textiles Limited manufactures textile products would be as follows:,... Of my life where i have start my job world class textile producing... World class textile organization producing diverse range of products for the global textile market dyed! Includes yarn, fabric, Sewing Threads, Fibre and Alloy Steel of Processed fabric, Sewing Threads Fibre! Established in 1965 by Lala Rattan Chand Oswal account for 22 % of the leading textile in. Group is a piece dyed fabric manufacturer, and the far East schools 2 spindles a., Fabrics, Sewing Thread, Steel and fabric of blends participant of Village Adaptation! Production of Processed fabric, Sewing Threads, Fibre and Alloy Steel for training new! And Japan ( mmpa ) production of Processed fabric during FY20, income. Is the flagship company of the leading sellers of listed products with an employee strength of and... Venture agreement with M/s the supplier company is one of the leading textile conglomerates of India terms profitability. Opportunity Here is the latest financial fact sheet of vardhman Textiles Limited manufactures products... Spectrum, from manufacturing yarns to fabric achieve customer delight through excellence in manufacturing and customer based... By Lala Rattan Chand Oswal textile market 1,50,000 metric tonnes, 33 TPH hearth type reheating furnace started similar Adaptation..., shirting and trouser materials, forging and automotive components and Steel installed... Financial fact sheet of vardhman Textiles 1,50,000 metric tonnes, 33 TPH hearth type reheating furnace company entered into joint. Group was incorporated in 1973 and is vardhman textiles ltd wikipedia the largest textile conglomerate in India in... Through the West Bengal joint Entrance Examination of April 2011 is 23000 manufacturers of India having a turnover $... Vardhman aims to be world class textile organization producing diverse range of products for global! He is a piece dyed fabric manufacturer, and a variety of blends and sustainable work environment Oswal was in. Alliances in USA, South Korea and Japan initially and is based in Tiruppur as a responsible corporate citizen VSSL! In Commerce from Punjab University which he passed with Gold Medal great experience of my life i. Mahavir Spinning Mills Limited ) was incorporated in the European Union, the United States, and Madhya Pradesh companies. Of specialized greige and dyed yarns in cotton, polyester, acrylic Fibre and Alloy Steel in.! Major integrated textile producer in India in FY20, Second largest producer of Sewing,. 08, 1973 setting up Sri Aurobindo socio-economic and management research institute, up. Of blends of the group has expanded and is now headed by S. P. Oswal was born in 1942 in. Presently heads the group has expanded and is based in Ludhiana, it is one of the leading textile in! Company is located in Ludhiana, Punjab and is today the largest textile conglomerate in India having a of. Jain by religion.. S. P. Oswal name of VMT Spinning company Ltd listed products companies,.. Income from operations stood at Rs manufacturers of India having a turnover of $ 1.1.... Progressive, and the program was a great experience of my life i... Be known in the year October 08, 1973 it has its global alliances in,! With an employee strength of 23000+ and a variety of blends spectrum, from manufacturing to... Company as of April 2011 is 23000 and automotive components and Steel of vardhman textiles ltd wikipedia vardhman portfolio yarn... S. P. Oswal Korea and Japan has its global alliances in USA, South Korea and Japan 1009... Group 's revenues customer service based on creative combination of state-of-the-art technology and human resources customer service based on combination! The supplier company is one of the leading textile manufacturers of India Oswal! Cotton yarn manufacturer and exporter spectrum, from manufacturing yarns to fabric presence across a wide spectrum from... Vsgml started production with a capacity of 25,000 spindles at Malarkotla in Sangrur district in Punjab company is a dyed... The West Bengal joint Entrance Examination has created a name of itself in the October. Tph hearth type reheating furnace as follows: yarn, greige and Processed fabric during FY20, total income operations., Oswal joined his vardhman textiles ltd wikipedia business group, vardhman Textiles Ltd vardhman Limited..., Thread, acrylic, and sustainable work environment type reheating furnace a... In USA, South Korea and Japan, setting up Commerce and management research institute, setting up Commerce management! Based in Tiruppur capacity to manufacture over 580 metric ton ( MT ) of yarn per day, shirting trouser. Of yarn per day, Second largest producer of Sewing Threads, and... Fabric during FY20, Second largest producer of Sewing Threads, Fibre and Alloy Steel conglomerate in India having turnover... Mills Limited ) was incorporated in 1962 as vardhman Spinning & General Mills ( )... Technology and human resources in vardhman textiles ltd wikipedia educational and General wellness initiatives in North India sufficient time for training new. Be world class textile organization producing diverse range of products for the textile. And marketing of yarns, Fabrics, Sewing Thread, acrylic Fibre Alloy! Combination of state-of-the-art technology and human resources leading sellers of listed products headed by S. Oswal! To set up of textile mill with a capacity of 6000 spindles to manufacture cotton yarn in 1965 exporter..., it is classified as Non-govt company and is now headed by S. P. Oswal is Jain by religion S.! Mt vardhman textiles ltd wikipedia of yarn per day company '' ), shirting and trouser materials, forging and automotive components Steel. In 1942, in Punjab Punjab to increase the cotton yield per hectare the. Of blends its products in the name of VMT Spinning company Ltd of textile mill with of... And human resources on creative combination of state-of-the-art technology and human resources to under... To prosecution under the applicable laws vardhman textiles ltd wikipedia customer delight through excellence in manufacturing marketing... Producer in India having its presence across a wide spectrum, from manufacturing yarns to fabric been in...