Vedant Fashions Limited

NSE MANYAVAR.NS

Vedant Fashions Limited Interest Coverage Ratio for the year ending March 31, 2024: 13.32

Vedant Fashions Limited Interest Coverage Ratio is 13.32 for the year ending March 31, 2024, a -30.97% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Vedant Fashions Limited Interest Coverage Ratio for the year ending March 31, 2023 was 19.30, a 21.61% change year over year.
Vedant Fashions Limited Interest Coverage Ratio for the year ending March 31, 2022 was 15.87, a 97.36% change year over year.
Vedant Fashions Limited Interest Coverage Ratio for the year ending March 31, 2021 was 8.04, a -40.75% change year over year.
Vedant Fashions Limited Interest Coverage Ratio for the year ending March 31, 2020 was 13.57, a -8.30% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NSE: MANYAVAR.NS

Vedant Fashions Limited

CEO	Mr. Ravi Modi
IPO Date	Feb. 16, 2022
Location	India
Headquarters	A501-A502, SDF-1
Employees	754
Sector	Consumer Discretionary
Industries Apparel & Fashion Luxury Goods

Description

Vedant Fashions Limited engages in manufacture and trading of wedding and celebration wear in India and internationally. The company's products include men's ethnic and celebration wear items, such as Indo-western, sherwanis, and kurtas; jackets and accessories; women's ethnic and celebration wear items consisting of lehengas, sarees, stitched suits, and kurtis; and lehengas, gowns, frocks, kurtas, suits and accessories for kids. It offers its products under the Manyavar, Twamev, Manthan, Mohey and Mebaz brands. It sells its products through a network of franchise-owned exclusive brand outlets, multi-brand outlets, and large format stores; and online platforms, including its website, www.manyavar.com and mobile application. The company was incorporated in 2002 and is headquartered in Kolkata, India.

Key trends

Past 5 years