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NSE:VARDHACRLC

VARDHAMAN ACRYLICS LTD

Textiles › Textiles & Apparels
₹40.31
at close · 28 Oct 2026
▼ 0.91 (-2.21%)

Latest filings

  1. Revenue and profit jump sharply in September 2026 quarter · Results
  2. Compliance certificate under SEBI Regulation 74(5) for Q2 FY26 · Compliance
  3. Vardhman Acrylics submits Demat Report for September 2026 · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Produces and sells acrylic fibre as a single business segment. Raw materials, primarily acrylonitrile, make up 67.2% of revenue, with employees at 7.0% and other operating expenses at 20.1% completing the major cost lines. Its holding company, Vardhman Textiles Limited, owns 70.74% of the company and takes roughly 30% of acrylic fibre production as a customer. FY26 revenue from operations was Rs. 318.57 crore, up 13.1% from Rs. 281.57 crore in FY25, while net profit rose to Rs. 27.25 crore from Rs. 11.83 crore. Related-party transactions proposed for FY27 total Rs. 177 crore, mainly Rs. 173 crore of acrylic fibre sales to the holding company, up from Rs. 114.54 crore in FY26, the rise linked to higher acrylonitrile prices following the Israel-Iran conflict. Q1 FY27 revenue reached Rs. 78.25 crore with net profit of Rs. 16.22 crore, and the board has recommended a dividend of Rs. 1.50 per equity share.

Operating scale
Business segment
Single segment - acrylic fibreFY26
Holding company stake
70.74% (Vardhman Textiles Limited)FY26
VTXL share of acrylic fibre production
~30%FY26
Proposed FY27 acrylic fibre sales to VTXL
Rs. 173 croreFY27
FY26 acrylic fibre sales to VTXL
Rs. 114.54 croreFY26
Q1 FY27 revenue from operations
Rs. 78.25 croreQ1 FY27
Who pays it
Textile processors, with holding company Vardhman Textiles Limited accounting for ~30% of acrylic fibre production
Biggest cost
Raw materials, primarily acrylonitrile, at 67.2% of revenue
Kind of business
Single-product, single-segment commodity fibre manufacturer with capital-light cost base (capex 1.7% of revenue)
Where it sits
Subsidiary of Vardhman Textiles Limited (70.74% holding); operates exclusively in acrylic fibre
Market Cap
₹324 Cr
P / E (TTM)
7.8×
EV / EBITDA
6.3×
Div Yield
3.74%
Growth
2.6%▲
Revenue 5y CAGR
PAT -8.7% · EBITDA -12.7%
Quality
11.0%·
ROCE (FY26)
ROE 10.7% · margin 10.0%
Leverage
0.00·
Debt / Equity · low
Net cash ₹3.23 Cr
Revenue FY21→FY26
1.1×▲
Margin −6.8 pts
₹280 Cr → ₹319 Cr
Cash conversion
0.67×·
Operating cash ÷ profit · 5 yrs
₹70 Cr on ₹104 Cr
Moves on a normal day
1.19%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 229 Other Textile Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#33/179
P/B#95/185
ROCE#50/215
ROE#45/188
Debt / Equity#1/188
EBITDA margin#15/198
Revenue growth#70/192
Profit growth#14/203

Scorecard

Measured from the filed financials, judged against its Other Textile Products peers · as of FY26 — not investment advice

Strengths
Returns on capital 11.0%
#50 of 215 in Other Textile Products on the latest reported figures
No borrowings on the balance sheet
lower than 89% of its 188 Other Textile Products peers
Pays out 44% of profit as dividend
Concerns
Slow revenue growth — 3% a year over 5 years
Profit shrinking over 5 years (−9% a year)
Erratic profits — up in only 2 of the last 5 years

Charts

How has the market priced it — with filings on the timeline?

VARDHACRLC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from VARDHAMAN ACRYLICS LTD's filed financials and exchange disclosures

What does VARDHAMAN ACRYLICS LTD do?

VARDHAMAN ACRYLICS LTD is a Textiles & Apparels company listed on NSE, trading under the symbol VARDHACRLC.

Is VARDHAMAN ACRYLICS LTD profitable?

Yes. Over the trailing twelve months VARDHAMAN ACRYLICS LTD reported a net profit of ₹42 Cr on revenue of ₹327 Cr.

Does VARDHAMAN ACRYLICS LTD pay a dividend?

Yes. The dividend yield is 3.74% at the current price. It paid out 44% of its profit as dividend in FY26.

Is VARDHAMAN ACRYLICS LTD debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹3.23 Cr of cash.

Is VARDHAMAN ACRYLICS LTD expensive compared with its peers?

On trailing P/E, VARDHAMAN ACRYLICS LTD ranks 33 of 179 in Other Textile Products — cheaper than 82% of them, against an industry median of 16.8×. This is a position, not a valuation judgement.

How much does the VARDHAMAN ACRYLICS LTD share price move in a day?

On a typical session VARDHAMAN ACRYLICS LTD moves 1.19% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track VARDHAMAN ACRYLICS LTD's announcements?

Every NSE and BSE filing by VARDHAMAN ACRYLICS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.