Vardhman Acrylics
VARDHACRLC NSE
Vardhman Acrylics
Consumer DiscretionaryNSE: VARDHACRLC Textiles & Apparels
Key Fundamentals
MicrocapManmade TextilesTextilesMarket Cap
₹358 Cr
Volatility
Moderate
P/E Ratio
8.49
EBITDA
₹16.68 Cr
Return on Equity
4.95%
Debt to Equity
0
Book Value
₹31.6
52W High
₹48.55
52W Low
₹27.01
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
3- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 79.3%
Weaknesses
5- The company has delivered a poor sales growth of 2.60% over past five years.
- Tax rate seems low
- Company has a low return on equity of 7.74% over last 3 years.
- Earnings include an other income of Rs.15.5 Cr.
- Working capital days have increased from 81.0 days to 219 days
Growth Rate
Revenue Growth
7.19% higher than
3Y
Net Income Growth
128% higher than
3Y
Cash Flow Change
254% higher than
3Y
ROE
-31.44% lower than
3Y
ROCE
-24.19% higher than
3Y
EBITDA Margin (Avg.)
-22.96% higher than
3Y
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 81 | 86 | 62 | 68 | 57 | 71 | 82 | 72 | 69 | 89 | 76 | 84 | 78 |
| Expenses | 82 | 81 | 57 | 64 | 55 | 70 | 81 | 72 | 70 | 89 | 69 | 73 | 61 |
| Operating Profit | -2 | 5 | 5 | 5 | 2 | 1 | 1 | 0 | -1 | 0 | 7 | 10 | 18 |
| OPM % | -1.9% | 6% | 8% | 7% | 3.8% | 1.1% | 1% | 0% | -0.9% | 0.2% | 9% | 12% | 23% |
| Other Income | 4 | 4 | 3 | 4 | 4 | 3 | 5 | 3 | 4 | 4 | 3 | 4 | 4 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| PBT | 1 | 8 | 6 | 7 | 5 | 3 | 5 | 2 | 2 | 3 | 10 | 14 | 21 |
| Tax % | 21% | 21% | 12% | 20% | 20% | 55% | 17% | 18% | 24% | 23% | 23% | -14% | 22% |
| Net Profit | 0 | 6 | 6 | 5 | 4 | 2 | 4 | 2 | 2 | 2 | 7 | 16 | 16 |
| EPS in Rs | 0.06 | 0.77 | 0.7 | 0.66 | 0.54 | 0.19 | 0.49 | 0.24 | 0.22 | 0.31 | 0.92 | 1.94 | 2.02 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 498 | 448 | 368 | 327 | 392 | 334 | 280 | 303 | 427 | 297 | 282 | 319 | 327 |
| Expenses | 465 | 403 | 331 | 295 | 364 | 308 | 232 | 294 | 390 | 284 | 278 | 302 | 292 |
| Operating Profit | 34 | 44 | 38 | 31 | 28 | 27 | 48 | 9 | 36 | 13 | 4 | 17 | 35 |
| OPM % | 7% | 10% | 10% | 10% | 7% | 8% | 17% | 2.9% | 8% | 4.5% | 1.3% | 5% | 11% |
| Other Income | 16 | 22 | 25 | 21 | 25 | 27 | 15 | 14 | 13 | 14 | 16 | 15 | 16 |
| Interest | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 5 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 3 | 3 | 3 |
| PBT | 45 | 62 | 57 | 47 | 47 | 48 | 57 | 17 | 43 | 21 | 16 | 29 | 47 |
| Tax % | 25% | 34% | 28% | 17% | 26% | 3% | 25% | 16% | 24% | 18% | 26% | 6% | — |
| Net Profit | 33 | 41 | 41 | 39 | 34 | 46 | 43 | 15 | 33 | 18 | 12 | 27 | 42 |
| EPS in Rs | 3.59 | 4.38 | 5.12 | 4.8 | 4.29 | 5.76 | 5.34 | 1.81 | 4.09 | 2.18 | 1.47 | 3.39 | 5.19 |
| Div. Payout % | 28% | 114% | 29% | 42% | 58% | 0% | 0% | 1380% | 61% | 92% | 102% | 44% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 93 | 93 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 |
| Reserves | 228 | 225 | 215 | 239 | 253 | 275 | 318 | 132 | 165 | 163 | 158 | 174 |
| Borrowings | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 3 | 0 | 1 | 0 | 0 |
| Other Liabilities | 108 | 77 | 127 | 92 | 119 | 96 | 86 | 87 | 97 | 84 | 110 | 89 |
| Total Liabilities | 430 | 395 | 423 | 413 | 453 | 453 | 485 | 302 | 342 | 328 | 349 | 343 |
| Fixed Assets | 72 | 61 | 58 | 55 | 52 | 64 | 59 | 56 | 54 | 56 | 58 | 60 |
| CWIP | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 0 | 0 | 0 |
| Investments | 263 | 256 | 248 | 260 | 284 | 160 | 232 | 134 | 172 | 169 | 186 | 183 |
| Other Assets | 92 | 78 | 117 | 99 | 118 | 229 | 194 | 112 | 112 | 103 | 105 | 99 |
| Total Assets | 430 | 395 | 423 | 413 | 453 | 453 | 485 | 302 | 342 | 328 | 349 | 343 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 55 | 23 | 42 | 3 | 26 | 4 | 39 | -9 | 39 | 7 | 26 | 7 |
| Investing | -58 | 43 | 30 | 7 | -8 | 80 | -83 | 190 | -37 | 12 | -9 | 8 |
| Financing | -1 | -68 | -63 | -15 | -20 | -24 | -1 | -198 | -3 | -20 | -17 | -12 |
| Net Cash Flow | -3 | -2 | 8 | -5 | -2 | 61 | -44 | -17 | -1 | 0 | 0 | 2 |
| Free Cash Flow | 51 | 20 | 41 | 2 | 23 | -2 | 39 | -12 | 31 | 4 | 21 | 2 |
| CFO/OP | 203 | 84 | 114 | 62 | 137 | 48 | 111 | -18 | 135 | 92 | 753 | 69 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1 | 2 | 5 | 23 | 15 | 10 | 20 | 13 | 11 | 20 | 11 | 13 |
| Inventory Days | 63 | 62 | 123 | 85 | 94 | 92 | 139 | 121 | 108 | 141 | 149 | 108 |
| Days Payable | 60 | 37 | 100 | 66 | 84 | 83 | 89 | 75 | 70 | 81 | 123 | 83 |
| Cash Conversion Cycle | 5 | 27 | 28 | 41 | 24 | 20 | 69 | 59 | 49 | 80 | 37 | 39 |
| Working Capital Days | -2 | 11 | -5 | 9 | 4 | -2 | 21 | 29 | 15 | 25 | -1 | 219 |
| ROCE % | 12% | 19% | 19% | 15% | 14% | 14% | 15% | 6% | 19% | 9% | 7% | 12% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Vardhman Acrylics insights
29 extracted metrics + investor summaries across FY15–FY26.
Documents
Frequently Asked Questions about Vardhman Acrylics
What does Vardhman Acrylics Ltd do?
Incorporated in 1990, Vardhman Acrylics Ltd is a manufacturer and supplier of Acrylic Fibre and Tow[1]
Where is Vardhman Acrylics Ltd (VARDHACRLC) listed?
Vardhman Acrylics Ltd trades as VARDHACRLC on the NSE.
Which sector does Vardhman Acrylics Ltd belong to?
Vardhman Acrylics Ltd is classified under the Consumer Discretionary sector, in the Textiles & Apparels industry.
What is the market capitalisation of Vardhman Acrylics Ltd?
Vardhman Acrylics Ltd has a market capitalisation of ₹357.54 Cr, which places it in the Small Cap band.
What is the PE ratio of Vardhman Acrylics Ltd?
Vardhman Acrylics Ltd trades at a PE ratio of 8.49, against a book value of ₹31.6 per share.
What is the 52-week high and low of Vardhman Acrylics Ltd?
Over the last 52 weeks Vardhman Acrylics Ltd has traded between ₹27.01 and ₹48.55.
Does Vardhman Acrylics Ltd pay dividends?
Vardhman Acrylics Ltd has a dividend yield of 3.39%.
What is the Return on Equity (ROE) of Vardhman Acrylics Ltd?
Vardhman Acrylics Ltd reported a return on equity of 4.95%. Its debt-to-equity ratio is 0.00.
Company Information
Incorporated in 1990, Vardhman Acrylics Ltd is a manufacturer and supplier of Acrylic Fibre and Tow[1]
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/VARDHACRLC.md for Vardhman Acrylics Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.