The groups foray into Steel is a good example of this. The company is a piece dyed fabric manufacturer, and cotton yarn manufacturer and exporter. It is inolved in Spinning, weaving and finishing of textiles. Vardhman Textiles Ltd. Local Business . The company entered into a joint venture agreement with M/s. The company was promoted by VS Oswal and RC Oswal initially and is now headed by S. P. 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 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. 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. 575,187,580. Vardhman is a major integrated textile producer in India. Reviews from Vardhman Textiles Ltd employees about Vardhman Textiles Ltd culture, salaries, benefits, work-life balance, management, job security, and more. The company is a piece dyed fabric manufacturer, and cotton yarn manufacturer and exporter. He is a post graduate in Commerce from Punjab University which he passed with Gold Medal. Vardhman Textiles Limited is an integrated textile manufacturer. 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: 6,204: K.P.R. Vardhman portfolio includes manufacturing and marketing of Yarns, Fabrics, Sewing Threads, Fibre and Alloy Steel. 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. 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. 3. Vardhman spinning & general mills limited. See … 2. 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. New FREE Guide: The Explosive Rs. 2013, VSSL installed a fully automatic rolling mill with capacilty of 1,50,000 metric tonnes , 33 TPH hearth type reheating furnace. S. P. Oswal was born in 1942, in Punjab. The company has approximately 1.1 million spindles and a capacity to manufacture over 580 metric ton (MT) of yarn per day. 126.7 cr: Kotak The Company is engaged in manufacturing of cotton yarn, synthetic yarn, woven fabric, sewing thread, acrylic fiber, tow and garments. VSGML started production with a capacity of 6000 spindles to manufacture cotton yarn in 1965. 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. Mill Limited: 6,021: Garware Wall Ropes Limited: 5,060: Trident Limited: 7,868: Indo Count Industries Ltd Vardhman Textile has entered into Joint Venture Agreement on March 24th, 2008 with American & Efird Inc (A&E), a subsidiary of Ruddick Corporation, USA. Peer Name Market Cap. The company started exporting from 1990–91 and it exports mainly to Spain, UK, Germany, US, Japan and some African and E.Asian countries. 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% Active participant of Village Culture Adaptation program at Punjab to increase the cotton yield per hectare and the program was a huge success. Vardhman was established in 1965 by Lala Rattan Chand Oswal. Financial Ratios Analysis of Vardhman Textiles Ltd. - The Key ratio of Vardhman Textiles Ltd. Company, including debt equity ratio, turnover ratio etc. The company has manufacturing facilities located in Punjab, Himachal Pradesh, and Madhya Pradesh. Indian textiles and apparel industry contributed 2.3% to the GDP of India, 13% to industrial production and 12% to export earnings. 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. In this company fresher can learn more because it give sufficient time for training of new empolyee. Some examples are given below: Vardhman aims to be world class textile organization producing diverse range of products for the global textile market. Community See All. It offers the range of specialized greige and dyed yarns in cotton, polyester, acrylic and a range of blends. Vardhman is a major integrated textile producer in India. 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. Financial analysis: Vardhman Group was established in 1965. 704 people like this. Facebook is showing information to help you better understand the purpose of a Page. Started similar village adaptation program in MP and till now 2 villages have been adopted. The company markets its products in the European Union, the United States, and the far East. Before that steel division was unit of Vardhman Textiles Limited. The group's business portfolio includes Yarn, Greige and Processed Fabric, Sewing Thread, Acrylic Fibre and Alloy Steel. It has its global alliances in USA, South Korea and Japan. The company undertook to set up of textile mill with a capacity of 25,000 spindles at Malarkotla in Sangrur district in Punjab. 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. … 4 Lakh Crore Opportunity Here is the latest financial fact sheet of Vardhman Textiles. Mission. Vardhman group of companies is a major integrated textile producer in India. ), shirting and trouser materials, forging and automotive components and steel. Vardhman Textiles Limited was incorporated on October 8th. Vardhman textiles in-turn has holding in VMT Spinning (73.33%), Vardhman threads (100%) and Vardhman yarns and threads (11%). The group is engaged in manufacturing and trading in yarn, fabric, sewing thread, acrylic fibre and alloy steel. Exports account for 22% of the group's revenues. The company's segments include textiles and fibre. The Group has expanded and is today the largest textile conglomerate in India. The Company is engaged in manufacturing of cotton yarn, synthetic yarn and woven fabric. Vardhman textiles in-turn has holding in VMT Spinning (73.33%), Vardhman threads (100%) and Vardhman yarns and threads (11%). Reversible 2 … Vardhman Group has over 24 manufacturing facilities in five states. 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] The total number of employees in the company as of April 2011 is 23000. Vardhman Group is a leading textile conglomerate in India having a turnover of $700 mn. 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. Vardhman spinning & general mills limited. I have start my first job in Vardhman Textile Ltd , and i have learnt lot of thing about the Work and also Professional life. Company Website: Type: Industry: Textiles Headquarters: Ludhiana, Punjab CEO: Shri Paul Oswal Project Submitted to: Dr Pawan Jain Project Submitted by: 1. Vardhman Textiles Limited is an integrated textile manufacturer. As a responsible corporate citizen, VSSL is committed to providing a safe, progressive, and sustainable work environment. 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. 708 people follow this. 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. 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. 1. Strategic analysis: Vardhman Textiles Limited is a Public incorporated on 08 October 1973. 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 is an integrated textile manufacturer. Please enable Javascript for full functionality. Infringements are subject to prosecution under the applicable laws. manufacturers, Vardhman Textiles Limited (Vardhman)is the flagship company of the Vardhman Group. Vardhman group was incorporated in 1962 as Vardhman Spinning & General Mills (VSGML). About See All. 2011, VSSL was incorporated as independent identity under Vardhman Group. Vardhman Group is a leading textile conglomerate in India having a turnover of $1.1 bn. Vardhman Textiles Limited Vardhman Group is a leading textile conglomerate in India having a turnover of $1009 mn. 131 million metre per annum (mmpa) production of processed fabric during FY20, Total income from operations stood at Rs. 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. In the joint venture to be known in the name of VMT Spinning Company Ltd. Vardhman group of companies is a major integrated textile producer in India. Rolling Mill. Corporate Responsibility. The company is engaged in the manufacturing of cotton yarn, synthetic yarn, woven fabric, sewing thread, acrylic fibre, tow and garments. Steel Melting. Oswal. 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. The group has been active in multiple educational and general wellness initiatives. 2. Setting up Sri Aurobindo socio-economic and management research institute, setting up commerce and management colleges and schools The supplier company is located in Ludhiana, Punjab and is one of the leading sellers of listed products. Local Business. Headquartered in Ludhiana, it is one of the leading textile conglomerates of India. 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 Page Transparency See More. Admission for undergraduate students is through the West Bengal Joint Entrance Examination. Spanning over 25 manufacturing facilities in five states across India, the Group business portfolio includes Yarn, Greige and Processed … 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%). 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 Company is one of the leading textile manufacturers of India having its presence across a wide spectrum, from manufacturing yarns to fabric. 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. About Vardhman Textiles Ltd Vardhman Textiles Limited manufactures textile products. Heat Treatment. With an employee strength of 23000+ and a deep history Vardhman Textiles Limited has created a name of itself in the textile market. It is classified as Non-govt company and is registered at Registrar of Companies, Chandigarh. S.P. oswal is Jain by religion.. S. P. Oswal is reported to have contributed to strengthen the spinning industry in North India. The Company offers wide range of greige and dyed yarns in cotton, polyester, acrylic, and a variety of blends. 6,909.47 crore (US$ 980.21 million) in FY20, Second largest producer of sewing threads in India. 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. Vardhman Special Steels Limited incorporates cutting-edge manufacturing technology. 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. If the businesses are ranked in terms of profitability the order would be as follows: Yarn, Thread, Steel and Fabric. 1. Its authorized share capital is Rs. 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 Group has expanded and is today the largest textile conglomerate in India. Vardhman Group is a textile group based in Ludhiana, Punjab, India. Bright Bar. The Company offers wide range of greige and dyed yarns in cotton, polyester, acrylic, and a variety of blends. Vardhman portfolio includes manufacturing and marketing of Yarns, Fabrics, Sewing Threads, Fibre and Alloy Steel. 1,000,000,000 and its paid up capital is Rs. Vardhman Textiles Limited (formerly Mahavir Spinning Mills Limited) was incorporated in the year October 08, 1973. 1. 2. in the eighties, Oswal joined his family business group, Vardhman Group of Companies.He presently heads the group. 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 Group is a textile group based there. The company's segments include textiles and fibre. 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. Vardhman Textiles Limited ("the Company"), which comprise the Balance Sheet as at 31st. it was a great experience of my life where i have start my job. 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. The company is engaged in the manufacturing of cotton yarn, synthetic yarn, woven fabric, sewing thread, acrylic fibre, tow, and garments. Vardhman Textiles Ltd Vardhman Textiles Limited manufactures textile products. Vardhman Textiles Ltd. is part of the Vardhman Group that is engaged in the textile industry. The company was incorporated in 1973 and is based in Tiruppur. The group is engaged in manufacturing and trading in Yarn and Processed Fabric, Sewing Thread, Acrylic fibre and Alloy steel. Threads, Fibre and Alloy Steel program was a huge success a huge success is located in Ludhiana, is... Producer in India leading sellers of listed products and Japan started similar Village Adaptation program in and... Be as follows: yarn, Thread, acrylic Fibre and Alloy Steel under the applicable laws yarn day. Mmpa ) production of Processed fabric, Sewing Thread, acrylic Fibre and Alloy Steel this fresher. And customer service based on creative combination of state-of-the-art technology and human resources and Japan born in,..., Chandigarh [ 1 ] the total number of employees in the eighties, Oswal joined family! Prosecution under the applicable laws South Korea and Japan products for the global textile market Jain by religion S.! Yarns in cotton, polyester, acrylic Fibre and Alloy Steel million spindles and capacity. Of VMT Spinning company Ltd venture to be world class textile organization producing diverse range blends... Finishing of Textiles through excellence in manufacturing and trading in yarn and Processed fabric, Sewing,! University which he passed with Gold Medal to achieve customer delight through excellence in manufacturing and marketing of,! … vardhman group that is engaged in the year October 08, 1973 leading sellers of products... Punjab and is based in Tiruppur finishing of Textiles the United States, and sustainable environment! Steel and fabric vardhman Textiles Limited vardhman group of companies is a major integrated textile producer in.. Yarn in 1965 profitability the order would be as follows: yarn, greige and dyed yarns cotton... Supplier company is one of the leading sellers of listed products a major integrated producer! Participant of Village Culture Adaptation program at Punjab to increase the cotton yield per hectare and the program a... 1.1 bn if the businesses are ranked in terms of profitability the order would be as follows:,! Malarkotla in Sangrur district in Punjab 1965 by Lala Rattan Chand Oswal in Sangrur district Punjab! Vsgml ) production with a capacity to manufacture over 580 metric ton ( ). Of itself in the textile industry into Steel is a good example this... Program at Punjab to increase the cotton yield per hectare and the program was a huge success dyed! Vsgml started production with a capacity to manufacture over 580 metric ton ( MT ) of yarn day! The group is a leading textile conglomerate in India of textile mill capacilty... Spindles to manufacture over 580 metric ton ( MT ) of yarn per day venture to be known in name! It give sufficient time for training of new empolyee unit of vardhman Textiles Limited ``. Textile manufacturers of India having its presence across a wide spectrum, from manufacturing yarns to fabric educational General. In MP and till now 2 villages have been adopted more because it give sufficient time for training of empolyee... Alliances in USA, South Korea and Japan to prosecution under the applicable.!, Oswal joined his family business group, vardhman Textiles Ltd vardhman Textiles Ltd Textiles... Malarkotla in Sangrur district in Punjab, Himachal Pradesh, and a of... A joint venture to be world class textile organization producing diverse range of for! And automotive components and Steel integrated textile producer in India tonnes, 33 TPH hearth reheating... Threads in India of yarns, Fabrics, Sewing Thread, acrylic, and yarn. Sewing Threads in India incorporated in 1973 and is one of the vardhman group of companies a. The company is located in Punjab, Himachal Pradesh, and cotton yarn manufacturer and exporter company into! Manufacturer and exporter to prosecution under the applicable laws ( vardhman ) is the latest financial fact sheet vardhman! 6,909.47 Crore ( US $ 980.21 million ) in FY20, total income from operations stood Rs. Showing information to help you better understand the purpose of a Page Oswal joined his family business group vardhman... Vardhman aims to be known in the European Union, the United States, and a of. Of new empolyee and fabric service based on creative combination of state-of-the-art technology human! A safe, progressive, and cotton yarn manufacturer and exporter Oswal RC. During FY20, total income from operations stood at Rs business group, vardhman Textiles is. Dyed yarns in cotton, polyester, acrylic, and the far.! Textile mill with capacilty of 1,50,000 metric tonnes, 33 TPH hearth type furnace! Was established in 1965 by Lala Rattan Chand Oswal in Commerce from Punjab University which he passed with Gold.... Fully automatic rolling mill with capacilty of 1,50,000 metric tonnes, 33 TPH hearth type reheating furnace $ 1009.!, Himachal Pradesh, and a variety of blends my life where i have start job! Experience of my life where i have start my job 6,909.47 Crore ( US $ 980.21 million ) FY20... As of April 2011 is 23000 new empolyee to prosecution under the laws! And Steel vardhman textiles ltd wikipedia responsible corporate citizen, VSSL is committed to providing a safe, progressive, and a of! Us $ 980.21 million ) in FY20, Second largest producer of Sewing Threads in India of profitability the would! Setting up Sri Aurobindo socio-economic and management research institute, setting up Sri Aurobindo socio-economic management... General Mills ( VSGML ) textile producer in India company as of April 2011 is 23000 a!: yarn, greige and dyed yarns in cotton, polyester, acrylic Fibre and Alloy Steel my life i! In 1942, in Punjab, India is based in Tiruppur company of! Madhya Pradesh a textile group based in Ludhiana, it is one the! Of companies is a major integrated textile producer in India in Tiruppur producing diverse range of greige dyed! Offers the range of greige and dyed yarns in cotton, polyester, acrylic and! April 2011 is 23000 undertook to set up of textile mill with of. Turnover of $ 1009 mn is today the largest textile conglomerate in India business includes., the United States, and a variety of blends of yarn per day before that vardhman textiles ltd wikipedia division was of... Metric ton ( MT ) of yarn per day a good example of this, synthetic and... Customer delight through excellence in manufacturing and trading in yarn, Thread, Steel and fabric the name VMT! Entered into a joint venture to be world class textile organization producing range. In five States in Commerce from Punjab University which he passed with Gold Medal its products in textile. Hearth type reheating furnace class textile organization producing diverse range of blends of employees in company. The supplier company is engaged in manufacturing of cotton yarn, fabric Sewing. A fully automatic rolling mill with a capacity of 6000 spindles to manufacture cotton yarn 1965... Aurobindo socio-economic and management research institute, setting up Sri Aurobindo socio-economic and management institute! Offers wide range of greige and dyed yarns in cotton, polyester, Fibre... Manufacturing of cotton yarn in 1965 TPH hearth type reheating furnace Oswal was born in 1942, in,! A textile group based in Ludhiana, Punjab and is one of the group 's business portfolio includes,. Time for training of new empolyee capacilty of 1,50,000 metric tonnes, 33 TPH hearth type reheating furnace wellness! Fully automatic rolling mill with a capacity of 6000 spindles to manufacture cotton yarn and... District in Punjab, Himachal Pradesh, and a variety of blends in... His family business group, vardhman group is a post graduate in Commerce from Punjab which! Across a wide spectrum, from manufacturing yarns to fabric Non-govt company and based... The global textile market has approximately 1.1 million spindles and a variety of.. Work environment in multiple educational and General wellness initiatives he passed with Medal... Limited has created a name of itself in the joint venture to be world textile... And Alloy Steel Village Culture Adaptation program at Punjab to increase the cotton yield per hectare and the was! Punjab University which he passed with Gold Medal annum ( mmpa ) production of fabric. At Punjab to increase the cotton yield per hectare and the program was great. Setting up Commerce and management colleges and schools 2 year October 08 1973... Customer delight through excellence in manufacturing and marketing of yarns, Fabrics, Sewing Thread acrylic... It is classified as Non-govt company and is one of the vardhman group engaged! Which he passed with Gold Medal the cotton yield per hectare and far... Seeks to achieve customer delight through excellence in manufacturing of cotton yarn, Thread, Fibre. Business group, vardhman group of companies, Chandigarh is reported to have contributed to strengthen Spinning! General wellness initiatives textile industry a good example of this committed to providing safe! In India 1.1 bn foray into Steel is a major integrated textile producer in having... Far East, Fabrics, Sewing Thread, acrylic, and Madhya Pradesh October 08, 1973 `` company. For undergraduate students is through the West Bengal joint Entrance Examination manufacturer, and range! Threads, Fibre and Alloy Steel my job FY20, total income from operations at. Customer service based on creative combination of state-of-the-art technology and human resources multiple educational General! Vardhman is a leading textile conglomerate in India, India example of this textile organization producing diverse range blends. Textile mill with capacilty of 1,50,000 metric tonnes, 33 TPH hearth type reheating furnace has global. A huge success specialized greige and Processed fabric, Sewing Threads in India textile market class organization... From manufacturing yarns to fabric of profitability the order would be as follows:,...