Vardhman Acrylics Limited has informed the Exchange that Board of Directors at its meeting held on May 02, 2026, recommended Final Dividend of Rs. 1.50 per equity share.
VARDHACRLC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vardhman Acrylics Limited reported strong annual results for FY26 ended March 2026. Revenue from operations grew 13% to Rs. 318.57 Crores from Rs. 281.57 Crores in FY25. Net profit after tax surged 130% to Rs. 27.25 Crores compared to Rs. 11.83 Crores in the previous year. EPS improved to Rs. 3.39 per share from Rs. 1.47. The Board has recommended a dividend of Rs. 1.50 per equity share (face value Rs. 10), subject to shareholder approval at the AGM. The statutory auditors have issued an unmodified (clean) opinion on the financial results. The company operates in a single segment - acrylic fibre.
Strong profit growth and clean audit opinion are positive signals for shareholders. The dividend yield is modest at around 0.7-0.8% given current price levels. The 130% PAT growth demonstrates significant operational improvement.