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. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Acrylic fibre. Single-product, single-segment commodity fibre manufacturer with capital-light cost base (capex 1.7% of revenue)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 303 | 427 | 297 | 282 | 319 |
| EBITDA (ex other income) | 9 | 36 | 13 | 4 | 17 |
| margin % | 2.9 | 8.5 | 4.5 | 1.3 | 5.2 |
| Owners' profit | 15 | 33 | 18 | 12 | 27 |
| EPS, as reported (₹) | 1.81 | 4.09 | 2.18 | 1.47 | 3.39 |
| ROE % · ROCE % | — · — | 13.4 · 17.1 | 7.2 · 8.6 | 5.0 · 6.6 | 10.7 · 11.0 |
| Debt / equity (x) | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (9) | 39 | 8 | 26 | 7 |
| Capex | (3) | (8) | (3) | (5) | (5) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 71 | 82 | 72 | 69 | 89 | 76 | 84 | 78 |
| Profit before tax | 3 | 5 | 2 | 2 | 3 | 10 | 14 | 21 |
| Net profit | 2 | 4 | 2 | 2 | 3 | 7 | 16 | 16 |
| EPS (₹) | 0.19 | 0.49 | 0.24 | 0.22 | 0.31 | 0.92 | 1.94 | 2.02 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 37,974 | 41.6 | 6.66 | 27.5 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 19,663 | 71.5 | 3.95 | 25.3 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 16,368 | 19.0 | 1.55 | 12.4 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 11,965 | 30.1 | 2.51 | 14.5 | 7.9 | 8.6 | 8.1 | 17.7 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 9 Sept 2026 · Demat Report for August 2026 - No shares dematerialized | compliance | minimal | — | — |
| 26 Aug 2026 · AGM notice dispatch to shareholders without registered email IDs | compliance | minimal | — | — |
| 26 Aug 2026 · Newspaper notice published for 36th AGM and e-voting details | compliance | minimal | — | — |
| 25 Aug 2026 · Vardhman Acrylics files BRSR for FY 2025-26 with NSE | compliance | minimal | — | — |
| 25 Aug 2026 · AGM notice Sept 17, 2026: Rs 1.50 dividend and FY26 annual report filing | board shareholder meetings | low | — | — |
| 21 Aug 2026 · Record date 28 Aug 2026 for dividend; book closure 29 Aug to 5 Sep | compliance | minimal | — | — |
| 20 Aug 2026 · Record date fixed at 28-Aug-2026 for dividend | corporate actions | medium | — | — |
| 5 Aug 2026 · Vardhman Acrylics reports nil demat activity for July 2026 | compliance | minimal | — | — |
| 29 Jul 2026 · Newspaper publication of Q1 FY27 financial results | compliance | minimal | — | — |
| 28 Jul 2026 · Vardhman Acrylics Q1 FY27 PAT jumps 9x YoY to Rs 16.22 Cr | results | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| INDO COUNT INDUSTRIES LTD |
| 8,757 |
| 58.0 |
| 3.72 |
| 21.1 |
| 5.4 |
| 5.4 |
| 10.5 |
| 13.3 |
| GARWARE TECH FIBRES LTD | 7,675 | 37.1 | 5.67 | 24.0 | 14.7 | 18.7 | 8.1 | 20.5 |
| JINDAL WORLDWIDE LTD | 5,314 | 63.1 | 6.17 | 40.6 | 8.1 | 9.0 | 6.1 | 8.7 |
| RAYMOND LIFESTYLE LIMITED | 4,213 | 97.2 | 0.44 | 7.7 | 0.5 | 0.7 | — | 8.9 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 8.5 | 14.8 | 57 of 205 | 73% |
| P/B | 1.4 | 1.3 | 97 of 183 | 47% |
| ROCE | 10.9 | 4.2 | 53 of 227 | 77% |
| ROE | 10.7 | 4.8 | 58 of 214 | 73% |
| Debt / Equity | 0.0 | 0.3 | 22 of 214 | 78% |
| EBITDA margin | 27.7 | 9.8 | 15 of 198 | 93% |
| Revenue growth | 12.8 | 6.9 | 70 of 192 | 64% |
| Profit growth | 826.9 | 20.0 | 14 of 203 | 94% |
| Market cap | 354 | 63 | 52 of 221 | 77% |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
