Gujarat-based textile stock under Rs 30, Vishal Fabrics Ltd in focus after announcing stellar Q2 and H1 results for FY26

On Thursday, shares of Vishal Fabrics Ltd gained 2.35 per cent to Rs 30 per share from its previous closing of Rs 29.31 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.

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 750 crore. The stock is up by 43 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.