Vardhman Acrylics
- Market cap
- ₹ 317 Cr.
- P/E
- 7.2x
- P/B
- 1.32x
- 52-week range
- 27.01 – 48.55
- ROE
- 11%
- ROCE
- 12%
- Dividend yield
- 3.6%
- Debt / equity
- 0
- Sector
- Textiles & Apparels
- Industry
- Other Textile Products
- Listed on
- NSE
About
Vardhman Acrylics Limited is an India-based company, which is engaged in the business of manufacturing, purchasing and sale of Acrylic Fiber and Tow. The Company’s products are marketed under the brand name VARLAN. Its products are assorted based on non-shrinkable, high shrinkage, medium shrinkage, very high shrinkable, tow 123, 131, 139 K-tex, staple for open end, soft hand, and water absorbent. Its products are used for apparel use, such as children’s clothes, sweaters, mufflers, t-shirts, scarfs, socks, ties, underwear, shirts, tracksuits, shalwar kamiz, and jersey. Its household applications include carpets, woven blanket (circular knit), blanket (tufting), rug, bedsheet, bunting, bathmat, towel, and draperies. The Company has set up an 18000 tons per annum (TPA) approximately acrylic staple fiber and tow production plant at Bharuch in the state of Gujarat, India.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Textile Products: 275 companies →Vardhman Acrylics against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)7.2 against a typical 16.7: cheaper than most peers (1st = cheapest).43rd of 268
- Sales growth+13% against a typical +6.7% from a year earlier.90th of 234
- Profit growth+700% against a typical +12.9% from a year earlier.10th of 166
- Share price, 3 months−5.2% against a typical −4%.124th of 240
- Size₹ 317.4 Cr. market value against a typical ₹ 58.7 Cr. (1st = largest).53rd of 256
Latest announcements
Exchange filings and their impact on the company.
- 28 Oct 2026Outcome of Board MeetingHigh impactPositiveStrong H1 with revenue up 21% and PAT up 5x YoY points to ~20% higher sales and ~60% higher profit over the next 12 months.
Vardhman Acrylics reported Q2 FY27 revenue of Rs 113.38 crore, up from Rs 89.40 crore last year, with PAT of Rs 5.92 crore versus Rs 2.50 crore. For the half year, revenue was Rs 191.63 crore and PAT was Rs 22.14 crore versus Rs 4.25 crore last year. The strong half-year performance, despite a sequential fall from Q1, points to materially higher sales and profit than FY26, partly offset by higher inventory and working capital use.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AA | Stable | 19 Feb 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 19 Feb 2026 | Reaffirmed | Crisil AA | — | CRISIL | ₹ 145 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 28 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 28 Jul 2026 | Financial Results | To consider and approve the un-audited financial results for the period ended Jun 30, 2026. |
| 2 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and recommendation of dividend, if any, for the FY 2025-26. |
| 20 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 22 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 19 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 30 Apr 2025 | Financial Results/Dividend | To consider and approve the audited financial results for the period ended March 31, 2025 and recommendation of dividend, if any. |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | 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 | 86 | 62 | 68 | 57 | 71 | 82 | 72 | 69 | 89 | 76 | 84 | 78 |
| Expenses | 81 | 57 | 64 | 55 | 70 | 81 | 72 | 70 | 89 | 69 | 73 | 61 |
| Operating Profit | 5 | 5 | 5 | 2 | 1 | 1 | 0 | −1 | 0 | 7 | 10 | 18 |
| OPM % | 6% | 8% | 7% | 3.8% | 1.1% | 1% | 0% | −0.9% | 0.2% | 9% | 12% | 23% |
| Other Income | 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 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 8 | 6 | 7 | 5 | 3 | 5 | 2 | 2 | 3 | 10 | 14 | 21 |
| Tax % | 21% | 12% | 20% | 20% | 55% | 17% | 18% | 24% | 23% | 23% | −14% | 22% |
| Net Profit | 6 | 6 | 5 | 4 | 2 | 4 | 2 | 2 | 2 | 7 | 16 | 16 |
| EPS in Rs | 0.77 | 0.7 | 0.66 | 0.54 | 0.19 | 0.49 | 0.24 | 0.22 | 0.31 | 0.92 | 1.94 | 2.02 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −3%
- 5 Years
- 3%
- 3 Years
- −9%
- TTM
- 11%
- 10 Years
- −4%
- 5 Years
- −9%
- 3 Years
- −6%
- TTM
- 352%
- 10 Years
- 1%
- 5 Years
- −7%
- 3 Years
- −5%
- TTM
- —
- 10 Years
- 11%
- 5 Years
- 8%
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Vardhman Acrylics | ₹ 44.39 | ₹ 317 Cr. | 7.2x | 1.3x | 11% | — |
| Gujarat Fluorochemicals | ₹ 4,241.25 | ₹ 47,986 Cr. | 85.6x | 6.4x | — | 11.5% |
| DCM Shriram | ₹ 962.10 | ₹ 14,996 Cr. | 16.7x | 1.9x | — | 9.8% |
| Shaily Engineering Plastics | ₹ 2,953.20 | ₹ 13,594 Cr. | 85.7x | 20.2x | — | 17.3% |
| Supreme Petrochem | ₹ 710.10 | ₹ 13,338 Cr. | 43.1x | 6.1x | — | 8.5% |
| Kama Holdings | ₹ 2,120.00 | ₹ 6,803 Cr. | 7.1x | 0.9x | — | 12.7% |
Management
- Vivek Gupta
- Chief Financial Officer
- Satin Katyal
- Compliance Officer, Company Secretary
- Bal Krishan Choudhary
- Managing Director, Executive Non-Independent Director
Prices are delayed and for information only. Nothing on this page is investment advice.