N R Vandana Tex Industries IPO Review

Vandana Saree engaged into designing, manufacturing and wholesale business of cotton textile products including a variety of high-quality cotton sarees, salwar suits and bed sheets. Their products are recognised in textile industry under their own brand name “Vandana” and “Tanaya”. The Company have been awarded “Best Debutant – Apparels” by Ajio Business Partnership Meet – 2022.

The Company is Promoted by, NARAIN PRASAD LOHIA has more than five decades of experience in business strategy, production and development in the textile industry, PRABHU LOHIA has 24 years of experience in Finance, Accounts and the textile industry and GYANESH LOHIA has 23 years of experience in product & financial management, market analysis and maintaining supplier relation in the textile industry.

The Revenues from operations for the period ended on Dec 31, 2024, Fiscals ended 2024, 2023 and 2022 were ₹  27,110.22 Lakh, ₹ 22,021.22 Lakh, ₹  19,560.16 Lakh and ₹ 17,719.76 Lakh respectively. The EBITDA for the period ended on Dec 31, 2024, Fiscals ended 2024, 2023 and 2022 were ₹  1,957.94 Lakh, ₹ 1,395.92 Lakh, ₹  1,012.81 Lakh, and ₹ 778.14 Lakh, respectively. The Profit after Tax for the period ended on Dec 31, 2024, Fiscals ended 2024, 2023 and 2022 were ₹  859.51 Lakh, ₹ 429.40 Lakh, ₹ 179.94 Lakh, and ₹ 181.41 Lakh respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of ₹ 5.03 and post-issue EPS of ₹ 3.69 for FY24. The pre-issue P/E ratio is 8.95x, while the post-issue P/E ratio is 12.20x. The company's ROCE for FY24 is 18.08%, ROE for FY24 is 26.26% and RoNW is 25.46%.

The Grey Market Premium (GMP) of N R Vandana Tex Industries showing listing gains of 8.90 %. Given the company's financial performance and the valuation of the IPO, we recommend Risky Investors to Apply to the N R Vandana Tex Industries Limited IPO for Listing gain.

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About the Author
CA Abhay Kumar (Also known as  CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.