VARDHACRLC - Vardhaman Acrylics Ltd. Share Price

₹42.88-0.25(-0.58%)

Market Closed as of Apr 28, 2025, 15:30 IST

What does Vardhaman Acrylics Ltd. do?

Small Cap

Vardhman Acrylics Limited manufactures and supplies acrylic fibers and tows in India. It offers its products under the Varlan brand name. The company was incorporated in 1990 and is headquartered in Ludhiana, India. Vardhman Acrylics Limited operates as a subsidiary of Vardhman Textiles Limited.

Employees:326

Website:www.vardhmanacrylics.com

Pros

Balance Sheet: Strong Balance Sheet.

Cons

Growth: Declining Revenues! Trailing 12m revenue has fallen by -9.2% in past one year. In past three years, revenues have changed by -9.4%.

Size: It is a small market cap company and can be volatile.

Dividend: Stock hasn't been paying any dividend.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Balance Sheet for Vardhaman Acrylics

Standalone figures (in Rs. Crores)

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	795.2%	2.46	0.79	11	0.66	1.91
Current investments	-25.6%	59	79	83	88	101
Loans, current	-1%	0.03	0.04	0.04	0.04	0.07
Total current financial assets	-25.5%	74	99	119	106	127
Inventories	-10.8%	67	75	73	83	73
Total current assets	-14.4%	155	181	198	199	212
Property, plant and equipment	3.6%	58	56	56	54	54
Capital work-in-progress	7.1%	0.09	0.02	0.56	3.93	2.53
Non-current investments	4.5%	93	89	86	83	56
Loans, non-current	-	0.02	0	0.02	0.03	0.04
Total non-current financial assets	3.4%	93	90	86	84	56
Total non-current assets	4.1%	153	147	145	143	114
Total assets	-6.1%	308	328	342	342	325
Provisions, non-current	-12.8%	0.47	0.53	0.58	0.53	0.5
Total non-current liabilities	22.2%	8.76	7.35	7.79	7.66	8.14
Borrowings, current	-814.3%	0	1.14	0.01	0.34	0
Total current financial liabilities	-24%	39	51	56	64	58
Provisions, current	-35.2%	0.27	0.46	0.1	0.09	0.07
Current tax liabilities	0%	24	24	24	24	27
Total current liabilities	-13.2%	67	77	82	89	86
Total liabilities	-11.9%	75	85	90	97	94
Equity share capital	0%	80	80	80	80	80
Total equity	-4.1%	233	243	252	245	231
Total equity and liabilities	-6.1%	308	328	342	342	325

Income Statement for Vardhaman Acrylics

Standalone figures (in Rs. Crores)

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	15.7%	82	71	57	68	62	86
Other Income	49.4%	4.72	3.49	4.09	3.58	2.96	3.95
Total Income	16.4%	86	74	61	72	65	90
Cost of Materials	-28.6%	41	57	49	37	38	51
Purchases of stock-in-trade	-	1.27	0	0	0	0	0
Employee Expense	2.8%	5.08	4.97	4.96	5.33	5.09	4.9
Finance costs	-3.2%	0.03	0.06	0.06	0.13	0.03	0.07
Depreciation and Amortization	-20.8%	0.71	0.76	0.73	1.36	1.46	1.42
Other expenses	-7.1%	14	15	13	16	16	19
Total Expenses	15.7%	82	71	56	65	59	83
Profit Before exceptional items and Tax	56%	4.79	3.43	5.44	6.65	6.33	7.78
Total profit before tax	56%	4.79	3.43	5.44	6.65	6.33	7.78
Current tax	-115.7%	-0.1	0.49	1.04	1.46	0.94	1.55
Deferred tax	-121.1%	0.92	1.38	0.06	-0.1	-0.21	0.05
Total tax	-120.7%	0.82	1.87	1.1	1.36	0.73	1.6
Total profit (loss) for period	430.4%	3.97	1.56	4.34	5.29	5.6	6.18
Other comp. income net of taxes	-	0	0	0	0.18	0	0
Total Comprehensive Income	430.4%	3.97	1.56	4.34	5.47	5.6	6.18
Earnings Per Share, Basic	37%	0.49	0.19	0.54	0.64	0.72	0.77
Earnings Per Share, Diluted	37%	0.49	0.19	0.54	0.64	0.72	0.77

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-30.5%	297	427	303	280	334	392
Other Income	8.3%	14	13	14	15	27	25
Total Income	-29%	312	439	318	296	361	417
Cost of Materials	-30%	195	278	237	166	237	288
Purchases of stock-in-trade	-258.7%	0	1.63	1.89	2.86	3.72	4.38
Employee Expense	11.8%	20	18	16	16	16	15
Finance costs	0%	0.29	0.29	0.39	0.53	0.3	0.44
Depreciation and Amortization	3.1%	5.63	5.49	5.41	5.42	5.23	5.4
Other expenses	-21.3%	71	90	47	47	52	52
Total Expenses	-26.8%	290	396	300	238	313	370
Profit Before exceptional items and Tax	-52.4%	21	43	17	57	48	47
Total profit before tax	-52.4%	21	43	17	57	48	47
Current tax	-69.4%	4.06	11	5.55	15	11	12
Deferred tax	21.9%	-0.25	-0.6	-2.68	-0.31	-9.04	0
Total tax	-68.8%	3.81	10	2.87	14	1.59	12
Total profit (loss) for period	-46.9%	18	33	15	43	46	34
Other comp. income net of taxes	0%	0.18	0.18	0.29	0.03	-0.28	-0.83
Total Comprehensive Income	-46.9%	18	33	15	43	46	34
Earnings Per Share, Basic	-61.8%	2.18	4.09	1.81	5.34	5.76	4.29
Earnings Per Share, Diluted	-61.8%	2.18	4.09	1.81	5.34	5.76	4.29

Cash Flow for Vardhaman Acrylics

Standalone figures (in Rs. Crores)

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	6.1%	0.08	0.02	0.05
Change in inventories	198.7%	8.33	-6.43	-12.65
Depreciation	3.1%	5.63	5.49	5.41
Unrealised forex losses/gains	-30.9%	-0.06	0.19	0.02
Adjustments for interest income	0%	0.13	0.13	2.1
Net Cashflows from Operations	-75%	13	49	-1.6
Income taxes paid (refund)	-55.2%	5.03	10	7.82
Net Cashflows From Operating Activities	-82.6%	7.6	39	-9.42
Proceeds from sales of PPE	5.2%	0.08	0.03	0
Purchase of property, plant and equipment	-67.8%	3.25	7.99	2.59
Interest received	5.7%	0.17	0.12	5.64
Other inflows (outflows) of cash	-435.7%	0.25	0.86	80
Net Cashflows From Investing Activities	129.2%	12	-36.73	190
Proceeds from borrowings	-	0.8	0	2.43
Repayments of borrowings	-169%	0	2.45	0
Dividends paid	2309.3%	20	0.14	200
Interest paid	6.1%	0.08	0.02	0.05
Net Cashflows from Financing Activities	-467.9%	-19.5	-2.61	-197.82
Net change in cash and cash eq.	51.9%	0.13	-0.81	-17.1
Cash equivalents beginning of period	-172.3%	0.66	1.47	1.47

Valuation
Market Cap	395.31 Cr
Price/Earnings (Trailing)	23.54
Price/Sales (Trailing)	1.45
EV/EBITDA	14.86
Price/Free Cashflow	97.1
MarketCap/EBT	18.09

Fundamentals
Revenue (TTM)	293.71 Cr
Rev. Growth (Yr)	33.38%
Rev. Growth (Qtr)	16.72%
Earnings (TTM)	15.16 Cr
Earnings Growth (Yr)	-29.11%
Earnings Growth (Qtr)	154.49%

Profitability
Operating Margin	6.92%
EBT Margin	6.92%
Return on Equity	6.51%
Return on Assets	4.92%
Free Cashflow Yield	1.03%

Financial Health
Current Ratio	2.33
Debt/Equity	0.00

VARDHACRLC - Vardhaman Acrylics Ltd. Share Price

What does Vardhaman Acrylics Ltd. do?

Balance Sheet for Vardhaman Acrylics

Income Statement for Vardhaman Acrylics

Cash Flow for Vardhaman Acrylics

Valuation

Fundamentals

Profitability

Investor Care

Financial Health

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)