Vardhman Acrylic

Why is Vardhman Acrylics Ltd falling/rising?

As of 26-Jul, Vardhman Acrylics Ltd's stock price is at 41.95, down 0.36%. The stock has underperformed against the Sensex over various periods, showing a year-to-date gain but significant declines over 1, 3, and 5 years, indicating a troubling trend despite a high dividend yield.

As of 26-Jul, Vardhman Acrylics Ltd's stock price is currently at 41.95, reflecting a decrease of 0.15 or 0.36%. The stock has underperformed compared to the benchmark Sensex, which has seen a decline of 2.33% over the past week, while Vardhman Acrylics Ltd has dropped by 2.28%. Over the past month, the stock has decreased by 5.84%, significantly more than the Sensex's decline of 1.06%. <BR><BR>Year-to-date, the stock has shown a positive return of 4.46%, contrasting with the Sensex's negative return of 9.04%. However, over longer periods, the stock has underperformed, with a 1-year decline of 16.68% compared to the Sensex's 5.17% drop, and a 3-year decline of 21.37% against the Sensex's gain of 20.82%. The 5-year performance is also concerning, with the stock down 30.37% while the Sensex has risen by 49.90%.<BR><BR>Today's performance indicates that the stock is underperforming its sector by 1.61%. Although it is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages, suggesting a short-term weakness. Despite a high dividend yield of 3.56%, the overall trend and recent performance metrics indicate that Vardhman Acrylics Ltd is experiencing a decline in stock price.

Which are the latest news on Vardhman Acrylic?

Should I buy, sell or hold Vardhman Acrylics Ltd?

How big is Vardhman Acrylic?

As of 10th June, Vardhman Acrylics Ltd has a market capitalization of 369.00 Cr, with recent net sales of 318.57 Cr and a net profit of 27.25 Cr.

As of 10th June, Vardhman Acrylics Ltd has a market capitalization of 369.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Vardhman Acrylic reported Net Sales of 318.57 Cr and a Net Profit of 27.25 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 at 348.63 Cr.

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, both executive and independent, such as Sachit Jain, Suchita Jain, and Munish Chandra Gupta, among others. Satin Katyal serves as the Company Secretary & Compliance Officer.

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 brings a mix of executive and independent directors to the company's leadership structure.

Who are the peers of the Vardhman Acrylic?

Vardhman Acrylic's peers include Thomas Scott, Ginni Filaments, Nandan Denim, and others. In terms of management risk, Vardhman Acrylic and several peers have average ratings, while Soma Textiles leads in 1-year returns at 126.64%, and Vardhman Acrylic's return is -5.61%.

Peers: The peers of Vardhman Acrylic are Thomas Scott, Ginni Filaments, Nandan Denim, Varvee Global, Manomay Tex Indi, Vardhman Polytex, Soma Textiles, Le Merite Export, and Bhatia Communic.<BR><BR>Quality Snapshot: Excellent management risk is observed at Thomas Scott, while Average management risk is found at Varvee Global, Manomay Tex Indi, Soma Textiles, Bhatia Communic., and Vardhman Acrylic. Below Average management risk is present at Ginni Filaments, Nandan Denim, and Le Merite Export. Growth is Excellent at Nandan Denim, while Average growth is noted at Soma Textiles and Bhatia Communic. Below Average growth is seen at Ginni Filaments, Varvee Global, Manomay Tex Indi, and Vardhman Polytex, and the rest. Capital Structure is Excellent for Vardhman Acrylic, Good for Thomas Scott, and Average for Le Merite Export, while Below Average is found at Ginni Filaments, Nandan Denim, Varvee Global, Manomay Tex Indi, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Soma Textiles at 126.64%, while the lowest is Le Merite Export at -92.33%. Vardhman Acrylic's 1-year return is -5.61%, which is significantly higher than Le Merite Export's. Additionally, several peers, including Nandan Denim, Vardhman Polytex, and Le Merite Export, have negative six-month returns.

What does Vardhman Acrylic do?

Vardhman Acrylics Ltd is an Indian company that manufactures acrylic fiber and tow, classified as a Micro Cap in the Garments & Apparels industry. As of March 2026, it reported net sales of 84 Cr and a net profit of 16 Cr, with a market cap of INR 369 Cr.

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, with its latest reported quarterly results for net sales and profit being for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 84 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 16 Cr (Quarterly Results - Mar 2026)<BR>- Market-cap: INR 369 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 13.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 3.33%<BR>- Debt Equity: -0.73<BR>- Return on Equity: 10.73%<BR>- Price to Book: 1.43<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

Are Vardhman Acrylics Ltd latest results good or bad?

Vardhman Acrylics Ltd's latest results show a net profit increase of 42.86% QoQ and 60.26% YoY, alongside a 28.84% QoQ rise in net sales. However, the company's low operating margin of 0.19% and reliance on other income raise concerns about sustainability, suggesting the results are more negative than positive overall.

Vardhman Acrylics Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹2.50 crores for Q2 FY26, which is a significant improvement of 42.86% quarter-on-quarter (QoQ) and 60.26% year-on-year (YoY). Additionally, net sales increased to ₹89.40 crores, reflecting a robust growth of 28.84% QoQ and 26.59% YoY.<BR><BR>However, despite this revenue growth, the company's operating margin remains alarmingly low at just 0.19%, indicating that it is struggling to translate sales into meaningful profits. The operating profit excluding other income was only ₹0.17 crores, which is a slight improvement from the previous quarter but still far from satisfactory. Furthermore, the net profit was heavily supported by other income, which accounted for a substantial portion of the profits, raising concerns about the sustainability of these earnings.<BR><BR>Overall, while there are signs of recovery in net profit and sales, the underlying operational challenges, particularly the near-zero operating margins and reliance on non-operating income, suggest that the results are not strong enough to indicate a solid turnaround for the company. The stock has also underperformed significantly over the past year, which adds to the cautious outlook. Therefore, the latest results could be viewed as more bad than good, given the critical operational issues that persist.

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.