Close 10 Sep 1505 scanned A
NIFTY 5023,477.80+0.20%
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INDIA VIX11.80-1.05%
MIDCAP 15022,904.25-0.38%
SMALLCAP 25018,433.40+0.01%
NEXT 5072,530.90-0.44%
BREADTH61%above 200-DMA
ADV / DEC558 / 939
NSE close 10 Sep

MANYAVAR

Vedant Fashions Limited
Consumer ServicesMid capRs 14,010 crRs 19.9 cr traded a day
Close on 10 September 2026
576.60
−0.82%
52-week range62% of the way up
337.10721.80
Market cap
14,010 cr
P/E (TTM)
36.3×
industry 44×
EPS (TTM)
15.88
Revenue YoY
+7.2%
Q1 FY27
Profit YoY
+14.7%
Net margin
26.7%
+1.8pt vs a year ago
Growth trend
-1.5pt
vs last quarter’s YoY
1 month
+10.5%
Below 52w high
25.2%
RSI (14)
65
Daily swing
3.4%
average true range
Volume
0.3×
vs 20-day average
Traded
Rs 20 cr
median day
Close200-day averageMaterial filing
400600Sep 25Nov 25Jan 26Mar 26May 26Jul 26Sep 26
260 sessions · hover for the filing behind a move

Key metrics

each ranked against every stock scanned tonight
Above the 200-day average
Above the median
+25.8%
One-year return
Below the median
-23.2%
Return on capital employed
Top of the universe
25.9%
Debt to equity
Top of the universe
0.00×
Profitable quarters, last four
of the last four reported
4 of 4
Cash conversion
cash from operations against reported profit
125%
Revenue growth, year on year
latest reported quarter
+7.2%
Below the 52-week high
from the highest close of the year
-20.1%
1 week
+1.48%
1 month
+10.48%
3 months
+40.07%
6 months
+58.47%
1 year
−23.20%

The read

written from the numbers on this page
The evidence leans constructive7 supporting, 1 against, 0 worth knowing

Supporting

  • trading 26% above its 200-day average
  • matches profit that turns into cash, which has beaten the market by +2.73 points over 20 sessions across 9,184 past signals
  • 6 of the scans it matches have a positive measured record
  • 4 independent kinds of evidence agree today, which is uncommon
  • revenue grew 7% year on year in the quarter ending 30 June 2026
  • net margin has widened from 21.3% to 26.7% across four quarters
  • priced at 36× earnings against an industry median of 44× — 18% below its peers

Against

  • down 23% over twelve months

Worth knowing

  • nothing the data supports either way
What would change this read: a close below 458, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

from the filings and from the price, with the figure behind every line
Working5

Operating cash flow was Rs 481 cr against Rs 386 cr profit, which is 125% of it.

Rs 481 crRs 386 cr125%

Net profit rose 14.7% year on year, from Rs 70 cr to Rs 81 cr.

+14.7%Rs 70 crRs 81 cr

Net margin improved from 25.0% to 26.7%.

25.0%26.7%

Trading 25.8% above its 200-day average, which is the line most investors use to separate a bull phase from a bear one.

+25.8%

Turned up over three months while the year is still negative.

+40.1% 3M-23.2% 1Y
Needs watching2

Down 23.2% over the past year.

-23.2%

A warning rule fires on it tonight: stretched far above trend.

Stretched far above trend
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 3 of these 3 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.

How it has performed

price return over each window, beside the median NSE stock over the same days
this stockmedian NSE stock, same window+1.5%+2.3 pt vs market1W+10.5%+11.5 pt vs market1M+40.1%+37.4 pt vs market3M+58.5%+41.9 pt vs market6M-23.2%-20.0 pt vs market1Y

What the scans say today

8 of 47 matched on 10 Sep
MANYAVAR matches 8 of the 47 scans today, across 4 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.

Quality of the business

balance sheet as at 31 March 2026
Return on equity
19.6%
trailing profit over shareholders’ funds
Return on capital
25.9%
pre-tax profit over equity plus borrowings
Debt to equity
0.00×
0 cr borrowed against 1,964 cr of equity
Net debt
11 cr
cash exceeds borrowings
Cash conversion
125%
operating cash flow as a share of profit
Receivable days
163
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.

Valuation against its own history

500 sessions since 26 September 2024
25×
median 43×
84×
now 36×
MANYAVAR trades at 36× trailing earnings, below its median of 43× over this window — 16% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
Analyst call filings were typically +0.11pt vs the market over the next 5 sessions (n=4,339) · Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202) · Order win filings were typically -0.10pt vs the market over the next 5 sessions (n=630)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
26851136728126349239930125.0%30.9%21.3%26.7%Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • revenue grew 7% against the same quarter a year earlier
  • profit rose 15% year on year

Going against it

  • net margin narrowed from 28.6% to 26.7%
  • revenue rose in 1 of the last 4 quarters
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
30 Jun · standalone
301106813.3226.7%
Q4 FY26
31 Mar · standalone
3991481144.7128.6%
Q3 FY26
31 Dec · standalone
4921811355.5527.4%
Q2 FY26
30 Sep · standalone
26374562.3121.3%
Q1 FY26
30 Jun · standalone
28193702.8925.0%
Q4 FY25
31 Mar · standalone
3671351014.1627.5%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+19.9%
Versus 200-day average+25.8%
Below 52-week high-20.1%
Above 52-week low+71.0%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)65.3
Higher closes in last 52 of 5
Six-month return+58.47%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)3.39%
Volume versus 20-day0.3x
Median daily turnoverRs 19.9 cr

Peers

Consumer Services · 45 classified companies
MANYAVAR trades at 36.3× trailing earnings against an industry median of 44.1× across 35 other classified companies in its industry — cheaper than them, by 18%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
ETERNAL296,654685.1+2.56%−5.78%724.5
DMART240,68078.7−8.66%−21.01%112.7
TRENT150,29377.6−5.63%−15.62%169.8
LENSKART120,548180.4+18.22%562.3
INDHOTEL101,88044.1−1.14%−6.97%81.1
NYKAA97,962377.9+4.24%+41.07%115.4
NAUKRI82,02542.9−5.53%−10.77%151.5
SWIGGY73,098−0.13%−37.94%455.0
VMM48,35448.2−4.26%−30.61%99.5
IRCTC37,42026.9−8.92%−35.67%31.5
PWL36,7632524.4+2.28%124.2
MANYAVAR14,01036.3+10.48%−23.20%19.9
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
10 Sep1Golden cross — 50 crossed above 200
9 Sep1Golden cross — 50 crossed above 200
8 Sep1Golden cross — 50 crossed above 200
7 Sep2Inside bar — quieter than yesterday, Golden cross — 50 crossed above 200