Gujarat-based textile stock jumps after receiving Rs 100 crore export order from Kiran Enterprises

On Tuesday, shares of Vishal Fabrics Ltd jumped 9 per cent to Rs 29.50 per share from its previous closing of Rs 27.07 per share. The stock’s 52-week high is Rs 40.33 per share and its 52-week low is Rs 21.05 per share. The shares of the company saw a Spurt in Volume by more than 2 times on the BSE.

The Gujarat-based textile company's stock experienced a significant surge following the announcement of a Rs 100 crore Merchant Export Order from Kiran Enterprises. This major domestic contract, which is for the supply of a wide and versatile range of premium denim fabrics, is a strong positive signal to the market, as the company will execute the order throughout the Calendar Year 2026 with dispatches beginning on January 15, 2026. Given that this is a Merchant Export Order targeting key international markets like Nigeria, Egypt, South Africa, Turkey, and Morocco, investors see this substantial order size as a powerful indicator of the company's robust demand for its denim products and its growing footprint in lucrative global export segments, which justifies the sudden rise in its stock price.

About the Company

Vishal Fabrics Ltd, an Ahmedabad-based company and part of the Chiripal Group, stands as one of India's leading denim fabric manufacturers, boasting a production capacity exceeding 100 million meters annually. Renowned for its integrated value chain, advanced infrastructure, and unwavering commitment to quality and sustainability, Vishal Fabrics excels in producing wider-width fabrics and has significantly expanded its denim production. The company's dedication to innovation is evident in its adoption of green practices throughout its operations, including using sustainable raw materials, recycling water, and maintaining zero-discharge facilities.

For the second quarter of fiscal year 2026 (Q2FY26), the company's Total Income increased by 13 per cent, reaching Rs 433.31 crore. This is a rise from Rs 384.83 crore reported in the corresponding quarter of the previous financial year. The company's Consolidated Net Profit for the quarter stood at Rs 10.70 crore, marking a substantial growth of 65 per cent compared to Rs 6.50 crore in Q2FY25. In H1FY25, the total income increased by 15 per cent to Rs 830.40 crore and net profit increased by 65 per cent to Rs 19.86 crore compared to H1FY25.

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 has a market cap of over Rs 700 crore. The stock is up by 40 per cent from its 52-week low of Rs 21.05 per share. The company's promoters have a commanding 55.06 per cent ownership stake, while FIIs hold 24.51 per cent, DIIs hold 0.04 per cent and public shareholders own 20.39 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.