VTM Ltd. (F.Y. 2024-2025)

Executive Summary

VTM Ltd. is one of India's textile manufacturing companies. The company operates in high-quality cotton fabrics and home textile products. It was established in 1946. The company feeds to both domestic and international markets. The company focuses on innovation, premium-quality products, operational efficiency, and sustainable manufacturing products. During 2025, the company had strong revenue from operations. The company is investing in modern weaving technology, expanding its home textiles, and focusing on niche, value-added products. VTM invests in advanced Italian rapier looms, inspection systems, and renewable energy projects, including rooftop and ground-mounted solar power plants and environmental sustainability.

Company Overview

Industry Overview

VTM Ltd. operates in the Indian textile and apparel industry. The company’s industry has faced challenges such as inflation, geopolitical tension, high logistic costs, changes in raw material prices and cotton. VTM Ltd has a strong demand in the home textile segment. The company also faced challenges such as changes in cotton prices, high competition, change in exchange rate, and change in international trade policies. The company focuses on innovation, customer satisfaction, and expanding its international market.

Financial Performance (Rs. in Lakhs)

Particulars	2025	2024
Turnover	34453	20797
Profit before depreciation (after interest)	6994	32236
Less: depreciation	942	890
Profit after depreciation	6052	2346
Less: provision for taxation:
Current year	1552	560
Current tax adjusted to earlier years	(-)18	-
Deferred tax	(-)20	(-)43
Profit after tax	4528	1829

Source: Annual Report of VTM Ltd. 2025

Key Financial Ratio

Particulars	2025	2024
Current ratio	10.07	0.70
Debt-Equity ratio	0.13	0.01
Debt service coverage ratio	59.59	12.1
Return on Equity ratio	17.00%	9.00%
Inventory turnover ratio	82.00 days	79.00 days
Trade receivable turnover ratio	52.00 days	34.00 days
Trade payables turnover ratio	16.00 days	19.00 days
Net capital turnover ratio	118.00 days	94.00 days

Source: Annual Report of VTM Ltd. 2025

SWOT Analysis

Strengths

1.The company has a strong export business.

2.The company has strong revenue from operations in 2025.

3.The company has a strong domestic and international market.

4.The company has a strong focus on sustainability.

Weaknesses

1. The company highly depends on export markets.

2.Changes in raw material prices and cotton prices affects production costs and profit margin.

Opportunities

1.The company’s demand is growing for home textiles.

2. The company can expand its business.

3.The company has government support.

4.The company’s demand is growing for sustainable and eco-friendly products.

Threats

1.The company has strong competition.

2. There can be economic slowdown and uncertainty in the market.

3.Changes in cotton process and raw material prices can affect operating margin.

Conclusion

VTM Ltd. is one of India's textile manufacturing companies. The company operates in high-quality cotton fabrics and home textile products. The company focuses on innovation, premium-quality products, operational efficiency, and sustainable manufacturing products. The company invested in modern weaving technology, expanding its home textiles, and focusing on niche, value-added products. The company focuses on innovation, customer satisfaction, and expanding its international market. VTM Ltd. is well-established for future growth.