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VTL Consensus Forecast

No. of reports in last year
3
No. of analysts
1
Average Consensus Forecast
963.33
Consensus Potential
29.19%

VTL Price Target Potential

BrokerageTargetPotential
ICICIdirect.com80016.22%

VTL Targets in FrontPage Forums

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VTL Ratings

Long term VTL rating by FrontPage users
4/5 (2 Ratings)

3 VTL share price target reports by brokerages below. See what is analyst's view on VTL share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
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VTL Share Price Target

VTL Share Price Target - Broker Reports - 2020

9-Apr-20
Price @ Call: 630.12
Target: 800
BUY
Vardhman is among the few textile companies that has been able to maintain a debt equity ratio below one in spite of continuous capacity additions. Though the near term financial performance is expected to be dented owing to low domestic and export demand, we expect VTL to tide over the same owing to its strong balance sheet and long standing relationship with marquee clients that would enable a quick demand recovery when the situation normalises. The stock has seen a sharp correction of 40% over the last month. We believe that in spite of near term negative impact on its profitability, the company offers a favourable risk reward perspective. We maintain BUY rating with a target price of | 800 (7x FY21E earnings).
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VTL Share Price Target - Broker Reports - 2019

3-Dec-19
Price @ Call: 910
Target: 1100
BUY
After a subdued FY20, we expect revenues to grow 8% in FY21E to | 7617 crore as the expanded capacity is likely to attain optimum utilisation level. We expect the EBITDA margin to rebound in FY21 due to lower input cost and stable yarn/fabric realisations. In spite of being in a capital intensive business, Vardhman has continuously maintained debt equity ratio below 1. The focus of the management would be on converting more yarn to fabric, which would lend better stability to EBITDA margin. The stock has declined 17% in the last six months owing to subdued financial performance. However, we believe VTL’s performance will improve in FY21 owing to revival in revenue growth and better EBITDA margins. Hence, we upgrade the stock to BUY rating with a target price of Rs 1100 (8x FY21E EPS).
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19-Aug-19
Price @ Call: 914.3
Target: 990
HOLD
We expect revenues to grow at a CAGR of 5% in FY19-21E to | 7511 crore as the expanded capacity is likely to come on stream in Q2FY20. In spite of being in a capital intensive business, Vardhman has continuously maintained debt equity ratio below 1. Also, it has a strong balance sheet that would enable it to pursue calibrated growth opportunities. Themanagement’s focus would be on converting more yarn to fabric, whichwould lend better stability to EBITDA margin. We expect the EBITDA margin to be range bound at 16-17% for FY20E, FY21E. We have a HOLD rating on the stock with a target price of | 990 (PE of 8x FY21 EPS).
... Read more
8-Feb-19
Price @ Call: 1040.05
Target: 1200
BUY

VTL Share Price Target - Broker Reports - 2018

27-Aug-18
Price @ Call: 1114.82
Target: 1269
ACCUMULATE
16-Aug-18
Price @ Call: 1147
Target: 1200
BUY
22-Mar-18
Price @ Call: 1250.19
Target: 1482
ACCUMULATE
6-Mar-18
Price @ Call: 1313.2
Target: 1482
ACCUMULATE

VTL Share Price Target - Broker Reports - 2017

21-Aug-17
Price @ Call: 1171.29
Target: 1370
ACCUMULATE
5-Apr-17
Price @ Call: 1349
Target: 1641
ACCUMULATE

VTL Share Price Target - Broker Reports - 2016

18-Nov-16
Price @ Call: 1068.75
Target: 1190
BUY
17-Oct-16
Price @ Call: 1068.9
Target: 1190
BUY
26-Aug-16
Price @ Call: 990
Target: 1100
BUY
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  • VTL Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3697.55
    Upside Target 2687.9
    Upside Target 1676.35
    Pivot666.7
    Downside Target 1655.15
    Downside Target 2645.5
    Downside Target 3633.95
  • VTL Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3733.6
    Upside Target 2717.05
    Upside Target 1693.65
    Pivot677.1
    Downside Target 1653.7
    Downside Target 2637.15
    Downside Target 3613.75
  • VTL Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3872.3
    Upside Target 2823.65
    Upside Target 1737.45
    Pivot688.8
    Downside Target 1602.6
    Downside Target 2553.95
    Downside Target 3467.75
  • VTL Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3687.9
    Upside Target 2679.8
    Upside Target 1674.8
    Pivot666.7
    Downside Target 1658.6
    Downside Target 2653.6
    Downside Target 3645.5
  • VTL Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3717.05
    Upside Target 2701.79
    Upside Target 1692.36
    Pivot677.1
    Downside Target 1661.84
    Downside Target 2652.41
    Downside Target 3637.15
  • VTL Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3823.65
    Upside Target 2772.14
    Upside Target 1740.31
    Pivot688.8
    Downside Target 1637.29
    Downside Target 2605.46
    Downside Target 3553.95
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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