Vedant Fashions Limited / Manyavar (NSE: MANYAVAR, BSE: 543463) is a Kolkata, West Bengal-based company in the Branded Apparel industry. With a market capitalisation of ₹12,025 Cr, it ranks #525 by market cap among the 6,197 Indian listed companies on FinBizNet, and #1 of 21 in Branded Apparel. At ₹480.00 (as of 9 Nov 2026), the share price is 25.3% below its 52-week high of ₹642.70 and 45.8% above its 52-week low of ₹329.20. The share price is down 25.3% over one year and down 8.6% over three months.
| Current Price | ₹480.00 |
|---|---|
| Market Cap | ₹12,025 Cr |
| NSE Symbol | MANYAVAR |
| BSE Code | 543463 |
| Sector | Consumer Discretionary > Consumer Discretionary Distribution and Retail > Specialty Retail |
| Sub-Industry | Apparel, Accessories and Luxury Goods > Branded Apparel |
| P/E Ratio | 32 |
| Return on Equity | 20.03% |
| Return on Assets | 10.24% |
| 52-Week Range | ₹329.20 – ₹642.70 |
| 1-Year Price Change | -25.3% |
| 3-Month Price Change | -8.6% |
| Beta (1Y) | 0.44 |
| Dividend Yield | 1.57% |
| Headquarters | Kolkata, West Bengal |
| Website | www.vedantfashions.com |
| Revenue | ₹269 Cr |
|---|---|
| Net Profit | ₹56 Cr |
| Net Margin | 20.9% |
| EPS (Basic) | ₹2.31 |
| Basis | standalone |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
Vedant Fashions Limited / Manyavar reported revenue of ₹269 Cr in Q2 FY27, up 2.4% from ₹263 Cr in Q2 FY26 and down 10.6% from ₹301 Cr in Q1 FY27. It posted a net profit of ₹56 Cr for the quarter, against a net profit of ₹56 Cr in Q2 FY26 (up 0.2%). Across the 7 quarters from Q4 FY25 to Q2 FY27, quarterly revenue ranged from ₹263 Cr (Q2 FY26) to ₹492 Cr (Q3 FY26). The company was profitable in each of these 7 quarters.
| Quarter | Revenue | Net Profit | Net Margin |
|---|---|---|---|
| Q2 FY27 | ₹269 Cr | ₹56 Cr | 20.9% |
| Q1 FY27 | ₹301 Cr | ₹81 Cr | 26.7% |
| Q4 FY26 | ₹399 Cr | ₹114 Cr | 28.6% |
| Q3 FY26 | ₹492 Cr | ₹135 Cr | 27.4% |
| Q2 FY26 | ₹263 Cr | ₹56 Cr | 21.3% |
| Q1 FY26 | ₹281 Cr | ₹70 Cr | 25.0% |
| Q4 FY25 | ₹367 Cr | ₹101 Cr | 27.5% |
Standalone figures (₹ crore, XBRL filings).
Promoters held 74.94% of Vedant Fashions Limited / Manyavar's shares as of Sept 2026, against 74.95% in Sept 2025 (−0.01 percentage points). Delivery averaged 49.4% of traded volume across 16 NSE sessions (15 Oct 2026 – 9 Nov 2026).
Vedant Fashions Limited manufactures, trades, and sells wedding and celebration wear in India Nepal, the United States, Canada, the United Arab Emirates, the United Kingdom, and internationally. The company offers kurta sets, indo-western, sherwani sets, jackets, accessories, jodhpuris suits, and short kurtas for men; lehengas, sarees, stitched suits, crop top lehengas, gowns, and accessories for women; and kurta sets, jacket sets, indo-western outfits, child infant, child accessories, girls’ ghagra choli, girls’ gowns, and girls’ frock for children. It provides its products under the Manyavar, Mohey, Twamev, Diwas, and Mebaz brands through franchised stores, multi-brand outlets, large format stores, and e-commerce. Vedant Fashions Limited was founded in 1999 and is headquartered in Kolkata, India.
1. Manufacturing and Distribution of Branded Fashion Apparel and Accessories-This segment offers branded fashion apparel and accessories.
1. Branded Fashion Apparel and Accessories-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Vedant Fashions Limited / Manyavar | ₹12,025 Cr | 32 | 20.03% | ₹269 Cr | -25.3% |
| Aditya Birla Lifestyle Brands Limited | ₹8,796 Cr | 51.2 | 12.11% | ₹2,266 Cr | -44.2% |
| Arvind Fashions Limited (Arrow/Calvin Klein/Flying Machine/Tommy Hilfiger/Us Polo) | ₹4,875 Cr | 39.4 | 15.90% | ₹1,559 Cr | -37.6% |
| Kewal Kiran Clothing Ltd | ₹2,564 Cr | 18.1 | 14.43% | ₹373 Cr | -17.4% |
| Dollar Industries Limited | ₹1,387 Cr | 12.9 | 11.81% | ₹405 Cr | -23.8% |
| Monte Carlo Fashions Ltd | ₹1,053 Cr | 9.4 | 12.88% | ₹262 Cr | -27.7% |
| Credo Brands Marketing Limited | ₹457 Cr | 9.6 | 11.17% | ₹189 Cr | -28.5% |
| Purple United Sales Limited | ₹371 Cr | 24.4 | 22.30% | — | — |
| Forcas Studio Limited | ₹343 Cr | 25.1 | 18.50% | — | — |
Listed by market capitalisation. Ratios are shown for context only.
Vedant Fashions Limited / Manyavar is trading at ₹480.00, with a market capitalisation of ₹12,025 Cr.
Vedant Fashions Limited / Manyavar operates in the Consumer Discretionary > Consumer Discretionary Distribution and Retail > Specialty Retail space (Apparel, Accessories and Luxury Goods > Branded Apparel).
Vedant Fashions Limited / Manyavar has a P/E of 32 and a return on equity of 20.03%.
Vedant Fashions Limited / Manyavar is listed on the NSE under the symbol MANYAVAR and on the BSE under the scrip code 543463.
Vedant Fashions Limited / Manyavar's share price is down 25.3% over one year and down 8.6% over three months. Its 52-week range is ₹329.20 to ₹642.70.
In Q2 FY27, Vedant Fashions Limited / Manyavar reported revenue of ₹269 Cr and net profit of ₹56 Cr, with basic EPS of ₹2.31 (standalone, parsed from the company's exchange filing).
Vedant Fashions Limited / Manyavar reported revenue of ₹269 Cr in Q2 FY27, up 2.4% from ₹263 Cr in Q2 FY26 and down 10.6% from ₹301 Cr in Q1 FY27.
Promoters held 74.94% of Vedant Fashions Limited / Manyavar's shares as of Sept 2026, against 74.95% in Sept 2025 (−0.01 percentage points).
Data as of 9 Nov 2026. Descriptive market data only — not investment advice.