FIIs bought 50,00,000 shares: Gujarat-based textile penny stock under Rs 30; Company FY25 PAT up 13 per cent to Rs 24 crore
The stock is up over 60 per cent from its 52-week low of Rs 18 per share.
Vishal Fabrics Limited, a prominent denim fabric manufacturer and part of the Chiripal Group, announced its audited financial results for the fiscal year ended March 31, 2025, demonstrating a significant performance improvement. For the full year FY25, total income increased by 5 per cent to Rs 1,521.43 crore, up from Rs 1,451.29 crore in FY24. Net profit for the year also saw healthy growth, rising to Rs 23.84 crore in FY25, a 13 per cent increase compared to Rs 21.13 crore posted in the previous year. The company attributes this growth to its focus on operational excellence, strategic growth, and strengthening its presence in both domestic and international markets through sustainable manufacturing innovation and digital transformation.
Commenting on the results, Mr. Dharmesh Dattani, CFO of Vishal Fabrics Limited, said, "We are pleased with the robust financial performance delivered in FY25. Despite global challenges and industry headwinds, our focus on efficiency, quality, and customer satisfaction has enabled us to achieve consistent growth. These results reflect the strength of our business fundamentals and our team’s relentless pursuit of excellence."
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Vishal Fabrics Ltd., an Ahmedabad-based member of the Chiripal Group, stands as one of India's largest denim fabric manufacturers, boasting a capacity exceeding 100 million meters per annum. Renowned for its integrated value chain, cutting-edge infrastructure, and dedication to sustainability and quality, the company leverages a rich heritage in printing, dyeing, and fabric processing. Vishal Fabrics has solidified its leadership in producing wider-width fabrics and made significant inroads into large-scale denim production. A cornerstone of their operations is innovation and sustainability, with green practices embedded throughout their processes—from utilising sustainable raw materials to water recycling and maintaining zero-discharge facilities. This vision-led approach is driven by a core principle of delivering beyond expectations, merging global quality standards with purpose-driven practices.
The company has a market cap of over Rs 500 crore. In April 2025, FIIs bought 50,00,000 shares and increased their stake to 5.61 per cent compared to March 2025. The stock is up over 60 per cent from its 52-week low of Rs 18 per share. The company's promoters have a commanding 67.30 per cent ownership stake, while FIIs hold 5.61 per cent and public shareholders own 27.09 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.