Vardhman Acrylic

Which are the latest news on Vardhman Acrylic?

Why is Vardhman Acrylics Ltd falling/rising?

As of 05-Sep, Vardhman Acrylics Ltd's stock price is rising to 43.59, reflecting a 0.74% increase due to strong performance today and trading above its moving averages. The high dividend yield of 6.93% may also attract investors, despite a longer-term decline of 20.96% over three years.

As of 05-Sep, Vardhman Acrylics Ltd's stock price is rising, currently at 43.59, with a change of 0.32 (0.74%) upward. This increase can be attributed to its performance today, where it outperformed the sector by 0.41%. Additionally, the stock is trading higher than its 100-day and 200-day moving averages, indicating a positive trend in the short to medium term. Furthermore, the high dividend yield of 6.93% at the current price may attract investors, contributing to the upward movement. Despite the stock's underperformance over longer periods, such as a 20.96% decline over three years, the current positive indicators suggest a temporary rise in price.

Who are in the management team of Vardhman Acrylic?

The management team of Vardhman Acrylic includes Chairman Shri Paul Oswal, Managing Director Bal Krishan Choudhary, and several directors, including independent directors Munish Chandra Gupta, Sanjit Paul Singh, and others, along with Company Secretary Satin Katyal. They oversee the company's operations and strategic direction.

The management team of Vardhman Acrylic includes the following individuals:<BR><BR>1. **Shri Paul Oswal** - Chairman (Non-Executive)<BR>2. **Bal Krishan Choudhary** - Managing Director<BR>3. **Sachit Jain** - Director<BR>4. **Suchita Jain** - Director<BR>5. **Munish Chandra Gupta** - Independent Director<BR>6. **Sanjit Paul Singh** - Independent Director<BR>7. **Surinder Kumar Bansal** - Independent Director<BR>8. **Apinder Sodhi** - Independent Director<BR>9. **Anil Kumar** - Independent Director<BR>10. **Bhooshan Lal Uppal** - Independent Director<BR>11. **Parakh Oswal** - Independent Director<BR>12. **Satin Katyal** - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does Vardhman Acrylic do?

Vardhman Acrylics Ltd is an Indian manufacturer of acrylic fiber and tow in the Garments & Apparels industry, with recent net sales of ₹78 Cr and a net profit of ₹16 Cr as of June 2026. The company has a market cap of ₹358 Cr and key metrics include a P/E of 8.00 and a dividend yield of 6.74%.

Overview: <BR>Vardhman Acrylics Ltd is an India-based company engaged in the manufacturing of acrylic fiber and tow, operating within the Garments & Apparels industry and classified as a Micro Cap.<BR><BR>History: <BR>The company was incorporated in an unspecified year and has maintained its status as a manufacturer of acrylic products. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 78 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 16 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 358 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 8.00 <BR>Industry P/E: 28 <BR>Dividend Yield: 6.74% <BR>Debt-Equity: -0.73 <BR>Return on Equity: 16.43% <BR>Price to Book: 1.41 <BR><BR>Contact Details: <BR>Address: Vardhman Premises, Chandigarh Road Ludhiana Punjab : 141010 <BR>Tel: 91-0161-2228943-48 <BR>Email: secretarial.lud@vardhman.com <BR>Website: http://www.vardhman.com

Who are the peers of the Vardhman Acrylic?

Vardhman Acrylic's peers include Forcas Studio, DCM Nouvelle, Ashima, Bella Casa Fashi, Axita Cotton, Raghuvir Synth, Super Sales Ind., and Omnitex Industri. In terms of management risk, growth, and capital structure, Vardhman Acrylic is rated as good, with a 1-year return of -2.47%.

Peers: The peers of Vardhman Acrylic are Forcas Studio, DCM Nouvelle, Ashima, Bella Casa Fashi, Axita Cotton, Raghuvir Synth, Super Sales Ind., and Omnitex Industri.<BR><BR>Quality Snapshot: Excellent management risk is observed at Forcas Studio and Axita Cotton, while Good management risk is found at Vardhman Acrylic, Bella Casa Fashi, and Super Sales Ind. Below Average management risk is present at DCM Nouvelle, Ashima, and Raghuvir Synth, and the rest. Growth is Excellent at Forcas Studio, Good at DCM Nouvelle, Average at Axita Cotton, Vardhman Acrylic, Bella Casa Fashi, and Super Sales Ind., and Below Average at Ashima, Raghuvir Synth, and Omnitex Industri. Capital Structure is Excellent at Vardhman Acrylic, Good at Axita Cotton, Average at Forcas Studio, Bella Casa Fashi, and Super Sales Ind., and Below Average at DCM Nouvelle, Ashima, Raghuvir Synth, and Omnitex Industri.<BR><BR>Return Snapshot: Forcas Studio has the highest 1-year return at 121.66%, while Bella Casa Fashi has the lowest at -42.83%. Vardhman Acrylic's 1-year return is -2.47%, which is higher than Bella Casa Fashi's but lower than Forcas Studio's. Additionally, peers with negative six-month returns include Bella Casa Fashi, Axita Cotton, and Omnitex Industri.

How big is Vardhman Acrylic?

As of 31st August, Vardhman Acrylics Ltd has a market capitalization of 358.00 Cr, with recent net sales of 327.43 Cr and a net profit of 41.72 Cr.

As of 31st August, Vardhman Acrylics Ltd has a market capitalization of 358.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Vardhman Acrylic reported Net Sales of 327.43 Cr and a Net Profit of 41.72 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 238.65 Cr and Total Assets of 348.63 Cr.

Are Vardhman Acrylics Ltd latest results good or bad?

Vardhman Acrylics Ltd's latest Q1 FY27 results are very good, with a net profit of ₹16.22 crores (up 827% year-on-year) and an operating margin of 22.66%, indicating strong operational efficiency. Despite a slight sequential revenue decline, the overall performance and improved return on equity make it a compelling investment opportunity.

Vardhman Acrylics Ltd's latest results for Q1 FY27 are quite impressive, showcasing a strong turnaround in performance. The company reported a net profit of ₹16.22 crores, which marks an extraordinary increase of 827% year-on-year. Additionally, revenue grew by 12.77% to ₹78.25 crores, although it did see a sequential decline of 6.29% from the previous quarter, which is typical for the textile industry due to seasonal patterns.<BR><BR>One of the standout metrics is the operating margin, which surged to 22.66%, representing a significant improvement from a negative margin of -0.91% in the same quarter last year. This margin expansion indicates enhanced operational efficiency and effective cost management.<BR><BR>Furthermore, the return on equity (ROE) has improved to 16.43%, reflecting better capital efficiency. The stock has responded positively to these results, gaining 5% on the announcement day and showing a strong upward trend over the past few months.<BR><BR>Overall, the results can be characterized as very good, highlighting Vardhman Acrylics as a compelling investment opportunity in the textile sector, particularly given its strong financial metrics and operational improvements.

Should I buy, sell or hold Vardhman Acrylics Ltd?

How has been the historical performance of Vardhman Acrylic?

Vardhman Acrylic's historical performance has been volatile, with net sales and profits declining significantly from March 2023 to March 2025, while total liabilities and assets increased. Despite improved cash flow from operating activities, overall financial metrics indicate a downward trend in profitability.

Answer:<BR>The historical performance of Vardhman Acrylic shows a fluctuating trend in its financial metrics over the years.<BR><BR>Breakdown:<BR>Vardhman Acrylic's net sales have seen a decline from INR 426.66 crore in March 2023 to INR 281.57 crore in March 2025. The total operating income followed a similar trend, decreasing from INR 426.66 crore in March 2023 to INR 281.57 crore in March 2025. The company's total expenditure, excluding depreciation, also decreased from INR 390.57 crore in March 2023 to INR 277.87 crore in March 2025. Consequently, the operating profit (PBDIT) fell sharply from INR 48.88 crore in March 2023 to INR 19.31 crore in March 2025. Profit before tax and profit after tax also reflected this downward trend, with profit before tax dropping from INR 43.10 crore in March 2023 to INR 16.06 crore in March 2025, and profit after tax decreasing from INR 32.86 crore to INR 11.83 crore in the same period. The company's earnings per share (EPS) declined from INR 4.09 in March 2023 to INR 1.47 in March 2025. On the balance sheet, total liabilities increased from INR 342.23 crore in March 2023 to INR 348.63 crore in March 2025, while total assets also rose from INR 342.23 crore to INR 348.63 crore. Cash flow from operating activities improved from INR 38 crore in March 2023 to INR 26 crore in March 2025, although cash flow from investing activities turned negative in March 2025. Overall, Vardhman Acrylic's financial performance has shown significant volatility, particularly in profitability and sales figures.

Is Vardhman Acrylic overvalued or undervalued?

As of July 21, 2025, Vardhman Acrylic is considered overvalued with a high PE ratio of 44.76 and an EV to EBITDA of 288.96, coupled with a low ROCE of 0.61%, indicating a significant decline in market perception and underperformance compared to peers and the Sensex.

As of 21 July 2025, Vardhman Acrylic's valuation grade has moved from very expensive to risky, indicating a significant shift in its market perception. Based on the analysis, the company appears to be overvalued. The PE ratio stands at 44.76, while the EV to EBITDA ratio is notably high at 288.96, suggesting that the market is pricing the company at a premium compared to its earnings potential. Additionally, the ROCE is a mere 0.61%, which raises concerns about the efficiency of capital utilization.<BR><BR>In comparison to its peers, Vardhman Acrylic's valuation metrics are less favorable. For instance, K P R Mill Ltd has a PE ratio of 49.86 and an EV to EBITDA of 32.52, while Trident, which is rated fair, has a PE of 43.51 and an EV to EBITDA of 18.72. These comparisons highlight that Vardhman Acrylic is trading at a higher valuation without corresponding performance metrics. Furthermore, the company's stock has underperformed relative to the Sensex over the past year, with a return of -18.43% compared to the Sensex's 2.28%. This reinforces the conclusion that Vardhman Acrylic is currently overvalued in the market.

Who are the top shareholders of the Vardhman Acrylic?

The top shareholder of Vardhman Acrylic is Vardhman Textiles Limited, owning 70.74% of the shares, with no pledged holdings. Public shareholders include Nahar Capital (1.14%), individual investors (19.52%), and foreign institutional investors (0.13%), while there are no mutual funds invested in the company.

The top shareholders of Vardhman Acrylic are primarily the promoters, with Vardhman Textiles Limited holding the largest share at 70.74%. There are no pledged promoter holdings. In terms of public shareholders, Nahar Capital And Financial Services Ltd holds 1.14%. Additionally, individual investors collectively own 19.52% of the shares, while foreign institutional investors (FIIs) hold a small stake of 0.13% through one FII. There are currently no mutual funds invested in the company.

What is the technical trend for Vardhman Acrylic?

As of May 12, 2025, Vardhman Acrylic's technical trend is mildly bearish, influenced by mixed signals from the MACD and Bollinger Bands, despite a bearish stance in monthly indicators.

As of 12 May 2025, the technical trend for Vardhman Acrylic has changed from bearish to mildly bearish. The weekly MACD and Bollinger Bands indicate a mildly bullish stance, while the monthly indicators remain bearish. The daily moving averages show a mildly bearish trend. Overall, the current technical stance is mildly bearish, driven primarily by the mixed signals from the MACD and Bollinger Bands, alongside the bearish monthly moving averages.

When is the next results date for Vardhman Acrylic?

No Upcoming Board Meetings

Has Vardhman Acrylic declared dividend?

Vardhman Acrylics Ltd has declared a 25% dividend, amounting to ₹2.5 per share, with an ex-date of September 15, 2023. Despite this declaration, the dividend yield is 0%, and recent total returns show a negative trend in the short to medium term.

Vardhman Acrylics Ltd has declared a 25% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 25%<BR>- Amount per share: 2.5<BR>- Ex-date: 15 Sep 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -19.59%, the dividend return was 0%, leading to a total return of -19.59%.<BR><BR>Over the past year, the price return was -16.53%, with a dividend return of 0%, resulting in a total return of -16.53%.<BR><BR>In the 2-year period, the price return was -21.63%, the dividend return was 4.63%, culminating in a total return of -17.0%.<BR><BR>For the 3-year period, the price return was -17.08%, the dividend return was 5.40%, which resulted in a total return of -11.68%.<BR><BR>In the 4-year period, the price return was 3.97%, with a significant dividend return of 58.14%, leading to a total return of 62.11%.<BR><BR>Finally, over the last 5 years, the price return was 54.15%, and the dividend return was 87.44%, resulting in an impressive total return of 141.59%.<BR><BR>Overall, while Vardhman Acrylics Ltd has declared a dividend, the recent total returns indicate a negative trend in the short to medium term, despite stronger performance in the longer term. The dividend yield remains at 0%, suggesting that the recent dividend declaration has not significantly impacted the yield.