VARDHACRLC

Vardhman Acrylics Limited

Listed company · ISIN INE116G01013 · NSE BE · FV ₹10
Last price
₹43
-0.76%today
What this company does

Vardhman Acrylics Limited is a listed company. It booked ₹78 cr of revenue in its latest quarter (Q1 FY27) and kept 20.7% of sales as profit.

In the report:
77out of 100
Equitytale Health Score
Solid

Healthier than 77% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,201–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
46

At close. Not part of the score.

Profitability & returns87

How much profit it earns on the money it employs

Balance sheet96

How much it owes, and whether earnings cover the interest

Cash quality54

Whether reported profit actually arrives as cash

Growth & consistency35

Whether sales and profit have grown, and how steadily

Valuation84

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
A mixed picture
Strengths
Makes a profit
Strong 21% net margin
Sales up 13% vs last year
Profit up 827% vs last year
Promoters hold 75%
No promoter shares pledged
Strong 26% return on equity
Virtually debt-free
Watch-outs
! Operating cash flow is negative

What if I invest in VARDHACRLC?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹43 -0.76%
latest close · 2026-09-17
1-year return
-32.3%
52-wk low ₹4152-wk high ₹84
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio5.3Low
LowAverageHigh
P/B ratio1.37Moderate
Below bookModerateHigh
EV / EBITDA4.0Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity25.6%Strong
WeakFairStrong ▸15%
Return on capital31.8%Strong
WeakFairStrong
Net margin20.7%Strong
ThinDecentStrong
EBITDA margin27.7%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover419.4×Strong
RiskyOkayStrong ▸5×
Current ratio3.50Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹347 cr
Book value
₹32
EPS
₹2.02
latest quarter
Net debt
₹-3 cr
more cash than debt
Enterprise value
₹343 cr
EBITDA
₹87 cr
annualised
EBIT
₹84 cr
annualised
Operating margin
26.8%
Return on assets
18.9%
Earnings yield
18.73%
P/S
1.11
Sales / share
₹38.9
Tax rate
22.5%
Face value
₹10
Shares
8.0 cr
Working capital
₹197 cr
Current assets
₹276 cr
Current liabilities
₹79 cr
Delivery %
65.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹11₹29, midpoint ₹20

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹78 cr
Other Income₹4 cr
Total Income₹82 cr
Cost of Materials₹54 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-12 cr
Employee Benefit Expense₹6 cr
Finance Costs₹5 L
Depreciation & Amortisation₹74 L
Other Expenses₹13 cr
Total Expenses₹61 cr
Profit before Tax₹21 cr
Tax Expense₹5 cr
Net Profit₹16 cr
Net margin on total income19.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹42 cr50.9%
Employee benefit expense₹6 cr7.0%
Finance costs₹5 L0.1%
Depreciation & amortisation₹74 L0.9%
Other expenses₹13 cr15.7%
Tax expense₹5 cr5.7%
Profit for the period₹16 cr19.7%
Total income ₹82 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue76 cr84 cr78 cr
Total income80 cr88 cr82 cr
Expenses70 cr74 cr61 cr
Profit before tax10 cr14 cr21 cr
Tax2 cr-2 cr5 cr
Net profit (owners' share)7 cr16 cr16 cr
Net margin (owners' share, on revenue)9.7%18.7%20.7%
EPS (₹)0.921.942.02
YoY (latest quarter): total income +12.6% · net profit +826.9%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹343 cr
Shareholder equity
₹254 cr
parent shareholders
Total debt
₹0 cr
Cash
₹3 cr
Cash flow · H1 FY26
Operating
₹-11 cr
Investing
₹51 cr
Financing
₹-12 cr
Corporate actions
Dividend yield
3.48%
trailing 12 months
Dividend / share (TTM)
₹1.5
Last dividend
₹1.5
ex 28 Aug 2026
ActionDetailEx-date
Dividend₹1.5 / share28 Aug 2026
Dividend₹1.5 / share12 Sep 2025
Dividend₹2 / share6 Sep 2024
Dividend₹2.5 / share15 Sep 2023
Dividend₹25 / share28 Oct 2021
Dividend₹2.5 / share18 Sep 2019
Who owns it · 2026-06-30
No pledge
Promoter
75.0%
FII / Foreign
0.0%
DII / Domestic
Retail / others
25.0%
Smart-money activity
Bulk / block deals
BoughtMANSI SHARES & STOCK ADVISORS PVT LTD · NSE4.86 L @ ₹84.134 Aug 21
SoldMANSI SHARES & STOCK ADVISORS PVT LTD · NSE2.97 L @ ₹84.114 Aug 21
SoldSWISS FINANCE CORPORATION (MAURITIUS) LIMITED · NSE4.87 L @ ₹45.958 Dec 16
Stake changes
BoughtSP Oswal Trust · promoter→ 0.00%29 Jun 23
BoughtMrs Shakun Oswal Trust · promoter→ 0.00%29 Jun 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 24 Sep 2025
See the official result
1
To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2025 together with Report of Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
12.18 L votes for, 5,716 against
2
To declare a dividend of Rs. 1.50/- per equity share for the year ended March 31, 2025.
Backed by 98% of shareholders other than promotersneeded 50%
12.02 L votes for, 21,702 against
3
To appoint a Director in place of Mrs. Suchita Jain (DIN: 00746471), who retires by rotation in terms of Section 152 (6) of the Companies Act, 2013 and being eligible, offers herself for re-appointment.
Promoters had a personal stake in this
Backed by 98% of shareholders other than promotersneeded 50%
12.02 L votes for, 21,841 against
4
To appoint a Director in place of Mr. Vivek Gupta (DIN: 10366909), who retires by rotation in terms of Section 152 (6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.
Backed by 98% of shareholders other than promotersneeded 50%
12.02 L votes for, 21,716 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 21 named members
owning 75.0% between them · as of 2026-06-30
VARDHMAN TEXTILES LIMITED70.74%
DEVAKAR INVESTMENT AND TRADING COMPANY PRIVATE LIMITED3.23%
VARDHMAN HOLDINGS LIMITED0.91%
VTL INVESTMENTS LIMITED0.09%
ADISHWAR ENTERPRISES LLPno shares
AMBER SYNDICATEno shares
EASTERN TRADING COMPANYno shares
FLAMINGO FINANCE & INVESTMENT COMPANY LIMITEDno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.