Finally 2025 First Dividend Announced by the textile company which has approx currently 706cr market cap, which is VTM limited (VTMLTD) company. First dividend announced by VTM Limited which is 0.57 dividend yield. check out the article for more information on dividend about VTM Limited textile company.
VTM Limited
Dividend :-
VTM Limited textile company introduce a 0.25/share dividend in 18 December, 2024 and its Ex-Date is 10 January, 2025. If you interested to buy this share of the VTM Limited textile company with a more information regarding this company, which is mentioned below.
VTM Limited Valuation
Since, 3 years the company makes sales growth about 45% and Ebitda Growth is approximately 59%. And makes Net Profit Growth is about 86%, and the main thing is the Stock Price Growth touches its highly percentile which is 309%.
Asset and Liabilities
|
Assets |
Value (Cr) |
|
Long term
&other assets |
95 |
|
Physical assets
|
97 |
|
Inventory |
58 |
|
Receivables |
24 |
|
Cash & Short
Term |
22 |
|
Liabilities + Equity |
Value(Cr) |
|
Equity |
263 |
|
Other liabilities |
15 |
|
Debt |
3 |
|
Accounts payable |
166 |
History of VTM Limited
VTM Limited’s story began in 1946, a time when the textile industry in India was still in its early stages of development. Back then, the company’s founders had a clear vision: to set new standards in weaving. To make this vision a reality, they focused on using the best weaving technology available, which helped the company grow.
As the Indian textile industry began to expand, VTM Limited recognized the potential for growth and extended its reach to other areas, including spinning. This forward-thinking approach allowed the company to stay ahead of the curve and diversify its offerings.
Today, VTM Limited is a well-established name in the textile industry. The company is known for its ability to create intricate and unique weaving patterns, including special weaves and combinations. It is a part of the renowned Thiagarajar Group, which has a strong presence not only in textiles but also in several other sectors.
Through its commitment to innovation and quality, VTM Limited has earned a solid reputation and continues to be a leader in the textile industry.
Manufacturing
Many textile factories today use advanced machines to produce high-quality fabric. For example, some factories have up to 258 looms, including 80 Sulzer machines, 163 Airjets, 9 Jacquards, and 6 Rapier Dobby Looms with POSI LENO Attachments.
These machines work together to produce around 1.8 million meters of fabric every month, serving both local and international markets. The factories mainly make grey weaving fabric but are also equipped to handle special orders, such as fine or complex fabrics.
With the right mix of technology and expertise, these factories can meet a variety of fabric needs, from simple to detailed designs.
Quality Product of the VTM Limited
Our commitment to quality is backed by our ISO 9002:2000 certification, recognized by DNV. This certification ensures that our quality management systems meet international standards for various yarn specifications. We have a dedicated Quality Assurance team that monitors every step of the production process, from sourcing raw materials to dispatching the finished fabric. A significant portion of our production is accepted in some of the most quality-conscious markets around the world. This means we consistently meet, and often exceed, our client's expectations with high-quality products.