Multibagger Textile Stock To Mull 1st Bonus Issue After 20 Dividend

VTM Ltd share price today slipped 1.99% and hit lower circuit to Rs 199.30 apiece as Sensex ended with deep decline of 2226.79 points to 73,137.90. Board of Directors of VTM Ltd will hold meeting on April 16, 2025 to consider the proposal of bonus share. This is going to be the maiden bonus issue of the company. The company has a market capitalisation of Rs 801.74 crore. Its return on equity is 13.27%. The stock delivered stunning returns over the years. In last 6-months, it offered triple digit returns of 176.65% when Sensex slid 9.76%. Check more details below:

VTM Ltd To Consider Bonus Share

According to the exchange filing of the company dated April 7, 2025, “With reference to the above, we would like to inform you that a meeting of the Board of Directors of the Company will be held on 16th April, 2025 to consider and take on record the items as per Notice of Board Meeting.” It will consider and approve the proposal for the issue of bonus shares and approve an increase in the authorized share capital, if required.

VTM Ltd Shares Performance

The 52-week high of VTM Ltd share price is Rs 232.35 per share (as on 18/02/2025) and 52-week low price is Rs 63.11 per share (as on 04/06/2024), respectively. VTM shares gained 11.03% in last 1-month, soared 12.66% year-to-date, and offered returns of 182.25% in last 1-year. In last 2-years, the stock surged 306.2% and rallied 884.20% in last 5-years.

VTM Ltd Bonus Share History

The company never recommended any bonus share.

VTM Ltd Dividend History

The company recommended 20 dividends since 2008. In last 1-year, VTM declared an equity dividend of Re 1 per share. It offers a dividend yield of 0.50%.

VTM Ltd Financials Compared With Peer Group

The company for the December 2024 quarter announced its profit after tax at Rs 18.20 crore. In comparison, SUUMAYA declared its PAT at Rs 62.82 crore, VOITHPAPR reported a PAT of 9.58 crore, and SBFL declared its PAT at Rs 0.30 crore for the similar quarter.

The company announced its EPS for December 2024 quarter at Rs 4..52 from Rs 2.43 in September 2024 quarter. The company announced its revenue at Rs 103.52 crore for December 2024 quarter from Rs 73.17 crore.

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