Indian Acrylics

When is the next results date for Indian Acrylics?

No Upcoming Board Meetings

Has Indian Acrylics declared dividend?

No Dividend History Available

Is Indian Acrylics overvalued or undervalued?

As of February 15, 2024, Indian Acrylics is considered overvalued and risky due to its negative PE ratio of -3.61, poor financial indicators, and disappointing stock performance, with a year-to-date return of -22.31% compared to the Sensex's 5.58% gain.

As of 15 February 2024, the valuation grade for Indian Acrylics has moved from expensive to risky, indicating a significant shift in its perceived value. The company appears to be overvalued given its negative PE ratio of -3.61, an EV to EBIT of -16.35, and an EV to EBITDA of -75.79, which are all concerning indicators of financial health. <BR><BR>In comparison to its peers, Indian Acrylics stands out with a PEG ratio of 0.00, which is not favorable, especially when considering that it is significantly underperforming against the industry benchmarks. For instance, while Indian Acrylics has a PE ratio of -3.61, a peer like Company X might maintain a positive PE, highlighting the disparity in valuation. Additionally, the company's recent stock performance has been disappointing, with a year-to-date return of -22.31%, contrasting sharply with the Sensex's 5.58% gain over the same period. Overall, Indian Acrylics is assessed as overvalued in the current market context.

What is the technical trend for Indian Acrylics?

As of April 16, 2025, the technical trend for Indian Acrylics is mildly bearish, influenced by mixed signals from MACD and moving averages, with short-term bullishness contrasted by longer-term bearishness.

As of 16 April 2025, the technical trend for Indian Acrylics has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD remains bearish, indicating mixed signals. The RSI shows no signal on the weekly chart but is bullish on the monthly, suggesting potential upward momentum over a longer time frame. Bollinger Bands are bullish weekly but mildly bearish monthly, reflecting short-term strength against longer-term weakness. Daily moving averages indicate a mildly bearish stance, and the KST is mildly bullish weekly but bearish monthly. Dow Theory shows a mildly bearish trend on the weekly chart with no trend on the monthly. Overall, the current stance is mildly bearish, driven primarily by the conflicting signals from the MACD and moving averages.

Who are the peers of the Indian Acrylics?

Peers of Indian Acrylics include Manali Petrochem, T N Petro Prod., Pasupati Acrylon, and others. Indian Acrylics has below-average management risk, poor growth ratings, and the lowest 1-year return among its peers at -36.38%.

Peers: The peers of Indian Acrylics are Manali Petrochem, T N Petro Prod., Pasupati Acrylon, Nexxus Petro, Polylink Poly., Guj. Petrosynth., Aadi Industries, Neptune Pet., Petro Carbon.<BR><BR>Quality Snapshot: Excellent management risk is observed at Neptune Pet., while Good management risk is found at Nexxus Petro and Petro Carbon. Average management risk is present at Manali Petrochem, T N Petro Prod., Pasupati Acrylon, and Guj. Petrosynth., while Below Average management risk is noted for Indian Acrylics, Polylink Poly., and Aadi Industries. The peers exhibit a range of growth ratings, with Excellent growth at Nexxus Petro, Good growth at Neptune Pet., and Below Average growth at Manali Petrochem, T N Petro Prod., Pasupati Acrylon, Indian Acrylics, Polylink Poly., Guj. Petrosynth., and Aadi Industries. Capital Structure is Excellent at Manali Petrochem, T N Petro Prod., and Neptune Pet., while Good capital structure is seen at Polylink Poly., and Below Average at Indian Acrylics, Nexxus Petro, Guj. Petrosynth., Aadi Industries, and Petro Carbon.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Pasupati Acrylon at 23.60%, while Indian Acrylics has the lowest 1-year return at -36.38%. This indicates that Indian Acrylics is performing significantly worse than its peers. Additionally, the six-month return is negative for Indian Acrylics, Nexxus Petro, Polylink Poly., Guj. Petrosynth., Aadi Industries, and Petro Carbon.

Who are in the management team of Indian Acrylics?

As of March 2022, the management team of Indian Acrylics includes Chairman Sibin C, Executive Directors R K Garg and Dheeraj Garg, along with several independent and non-executive directors, totaling twelve members who oversee the company's governance and management.

As of March 2022, the management team of Indian Acrylics includes the following individuals:<BR><BR>1. Sibin C - Chairman / Non Executive Director<BR>2. R K Garg - Executive Director & Managing Director<BR>3. Dheeraj Garg - Executive Director & Managing Director<BR>4. Alok Goyal - Executive Director<BR>5. A S Chatha - Independent Non Executive Director<BR>6. M M Chopra - Independent Non Executive Director<BR>7. Raja Shivdev Inder Singh - Independent Non Executive Director<BR>8. Shashi Bhushan Gupta - Independent Non Executive Director<BR>9. S S Jha - Independent Non Executive Director<BR>10. Deva Bharathi Reddy - Independent Non Executive Director<BR>11. Ahuja Krishna Sanjay - Non Executive Director / Nominee<BR>12. Tejinder Kaur - Independent Non Executive Director<BR><BR>This team comprises a mix of executive and independent directors, with various roles contributing to the governance and management of the company.

What does Indian Acrylics do?

Indian Acrylics Ltd is a manufacturer of Acrylic Fiber, Tow, and yarn, operating in the Petrochemicals sector. As of March 2025, it reported net sales of 829 Cr and a net loss of 57 Cr, with a market cap of INR 113 Cr.

Overview: <BR>Indian Acrylics Ltd is a leading manufacturer of Acrylic Fiber, Acrylic Tow, and a wide range of Acrylic yarn, operating in the Petrochemicals industry within the Micro Cap market segment.<BR><BR>History: <BR>Incorporated in February 1986, Indian Acrylics Ltd was originally formed as a joint sector project by R K Garg and the Punjab State Industrial Development Corporation. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 829 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -57 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 113 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 17.21 <BR>Return on Equity: -306.25% <BR>Price to Book: 11.05<BR><BR>Contact Details: <BR>Address: Village Harikrishanpura, Patilal-Sangrur Highway Sangrur Punjab : 148026 <BR>Tel: 91-172-2793112 <BR>Email: shares@indiancrylics.com <BR>Website: http://www.indianacrylics.com

Who are the top shareholders of the Indian Acrylics?

The top shareholders of Indian Acrylics include promoter Dheeraj Garg with 16.49% ownership, while individual investors hold 34.5%. Promoter holdings are 26.36% pledged, and there is minimal mutual fund involvement at 0.07%, with no foreign institutional investors.

The top shareholders of Indian Acrylics primarily include the promoters, with Dheeraj Garg being the promoter with the highest holding at 16.49%. The pledged promoter holdings stand at 26.3624%. Additionally, individual investors hold a significant portion of the shares, accounting for 34.5%. Mutual funds have a minimal presence, with only 0.07% held by four schemes, and there are currently no foreign institutional investors (FIIs) involved. There are no notable public shareholders listed.

How big is Indian Acrylics?

As of 24th July, Indian Acrylics Ltd has a market capitalization of 114.00 Cr and reported Net Sales of 389.32 Cr, with a Net Profit loss of 30.87 Cr over the latest four quarters. Shareholder's Funds are 40.68 Cr, and Total Assets are 398.10 Cr.

As of 24th July, Indian Acrylics Ltd has a market capitalization of 114.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Indian Acrylics reported Net Sales of 389.32 Cr. However, the company faced a loss of 30.87 Cr in Net Profit during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2024. Shareholder's Funds are recorded at 40.68 Cr, while Total Assets amount to 398.10 Cr.

Are Indian Acrylics latest results good or bad?

The latest results for Indian Acrylics show mixed performance; while the Profit After Tax improved to Rs -4.72 crore and EPS rose to Rs -0.35, net sales fell by 11.4% to Rs 86.19 crore, and rising debt levels indicate ongoing challenges. Overall, the results lean more negative than positive.

The latest results for Indian Acrylics indicate a mixed performance. On one hand, there are some positive signs, such as the Profit After Tax (PAT) reaching Rs -4.72 crore, which is the highest in the last five quarters, and an improvement in Earnings per Share (EPS) to Rs -0.35. This suggests a trend toward increasing profitability.<BR><BR>However, the overall financial performance remains concerning. Net sales for the quarter were Rs 86.19 crore, down 11.4% compared to the average of Rs 97.33 crore over the previous four quarters. Additionally, the Debt-Equity Ratio has risen significantly to 18.14 times, indicating increased borrowing, and the Debtors Turnover Ratio has decreased to 24.84 times, suggesting slower debt collection.<BR><BR>In summary, while there are some improvements in profitability metrics, the decline in sales and rising debt levels reflect ongoing challenges for the company. Overall, the results can be seen as more negative than positive.

How has been the historical performance of Indian Acrylics?

Indian Acrylics has experienced significant financial deterioration, with net sales and operating income dropping from 902.37 Cr in Mar'23 to 389.33 Cr in Mar'25, resulting in losses in operating profit, profit before tax, and negative cash flow. Total assets and liabilities also decreased during this period.

Answer:<BR>The historical performance of Indian Acrylics shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Indian Acrylics' net sales have seen a downward trend, decreasing from 902.37 Cr in Mar'23 to 389.33 Cr in Mar'25. The total operating income followed a similar pattern, dropping from 902.37 Cr in Mar'23 to 389.33 Cr in Mar'25. Raw material costs also decreased from 606.80 Cr in Mar'23 to 241.80 Cr in Mar'25, while employee costs fell from 72.41 Cr to 45.09 Cr in the same period. The total expenditure, excluding depreciation, decreased from 837.64 Cr in Mar'23 to 393.09 Cr in Mar'25, leading to an operating profit that turned negative, with a loss of 3.76 Cr in Mar'25 compared to a profit of 64.73 Cr in Mar'23. The profit before tax also reflected losses, amounting to -30.87 Cr in Mar'25, down from a profit of 19.47 Cr in Mar'23. Consequently, the profit after tax showed a similar decline, resulting in a loss of 30.87 Cr in Mar'25. The company's total assets decreased from 557.36 Cr in Mar'23 to 372.23 Cr in Mar'25, while total liabilities also fell from 398.10 Cr to 372.23 Cr. Cash flow from operating activities turned negative in Mar'25 at -9.00 Cr, contrasting with a positive cash flow of 53.00 Cr in Mar'23. Overall, the financial performance of Indian Acrylics has deteriorated significantly over the past few years, with substantial losses and declining revenues.

Should I buy, sell or hold Indian Acrylics?

Why is Indian Acrylics Ltd falling/rising?

As of 18-Jan, Indian Acrylics Ltd's stock price is rising to 6.02, but it has significant long-term issues, including a -40.86% return over the past year and a high debt-equity ratio of 186.3. Despite short-term gains, the stock's bearish trend and declining investor participation suggest a negative long-term outlook.

As of 18-Jan, Indian Acrylics Ltd's stock price is rising, currently at 6.02, with a change of 0.08 (1.35%) upward. This increase can be attributed to the stock outperforming its sector by 1.76% today and experiencing a consecutive gain over the last three days, resulting in a total return of 4.88% during this period. <BR><BR>However, despite this short-term rise, the stock has significant underlying issues that contribute to its long-term decline. Over the past year, Indian Acrylics Ltd has generated a return of -40.86%, and it has consistently underperformed against the benchmark, the Sensex, which has risen by 8.47% in the same timeframe. The company's financial health is concerning, with a high debt-equity ratio of 186.3 times and a negative operating cash flow of Rs -9.54 Cr, indicating weak long-term fundamental strength. Additionally, the stock is trading below all its moving averages, suggesting a bearish trend.<BR><BR>Furthermore, the delivery volume has decreased by 51.49% against the 5-day average, indicating falling investor participation, which could lead to further downward pressure on the stock. The presence of pledged promoter shares (26.36%) in a declining market adds to the risk, potentially exacerbating price drops. Overall, while there is a short-term rise in stock price, the long-term outlook remains negative due to poor financial performance and high debt levels.

Which are the latest news on Indian Acrylics?