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Source: SEBI
Vardhman Appliances Limited is engaged in the manufacturing of electrical goods, including fans and kitchen appliances, and operates five manufacturing units with a total installed capacity of 28,660,000 units per annum. The company has a diverse product portfolio of over 1,200 SKUs and sources over 90% of its raw materials domestically.
The Indian domestic appliances market is projected to reach ₹1,121.7 billion by FY31, growing at a CAGR of 12.9%. The rise in per capita income and consumer preferences for branded products present significant growth opportunities for Vardhman Appliances.