Indian Acrylics (BSE: INDIANACRY) is loss-making over the last 12 months, losing ₹21 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹5.02, 36% below its 52-week high. Sales fell 27% a year over 3 years. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹231 Cr. It is a small-cap company with a market cap of ₹68 Cr, ranked 142nd of 246 Textile Manufacturing companies by market cap; the shares fell 30% over the past year.
- ₹5.24
- ₹5.24
- ₹4.85
- ₹5.06
- 6.1K
Health check
- ReturnsBehind
−29.7% over a year, better than 0 of 7 peers.
- Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
- GrowthShrinking
Sales −26.9% a year over 3 years.
- ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
- Balance sheetStretched
Negative net worth: liabilities exceed assets.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹68 Cr
- Small cap
- P/E
- n/a
- Industry 17.0
- Price to book
- −5.52
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- n/a
- Peers 10.1%
- ROCE
- −7.4%
- Peers 10.7%
- Debt to equity
- n/a
- Debt ₹231 Cr
- EPS (TTM)
- −₹1.54
- OPM (TTM)
- 0.0%
- Net margin −5.6%
- Sales growth
- +24.1%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.18
- EV/EBITDA 43.0
Strengths and risks
Strengths
- Quarterly sales up 24.1% on a year ago.
Risks to check
- Loss-making over the last twelve months.
- Negative net worth: liabilities exceed assets.
- 36% below its 52-week high.
- Interest coverage of only 0.5×.
About Indian Acrylics
Indian Acrylics Limited engages in the manufacture and sale of acrylic fiber, tow, and yarn products in India and internationally. The company operates in Fibre and Yarn segments. Its products include staple fibre, tows, and tops. The company's products are used in textile industry to manufacture winter wear, such as sweaters, shawls, etc., as well as work clothing, indoor and outdoor furnishing fabrics, blankets, carpets, toys, etc. It also exports its…
- Headquarters
- Chandigarh
- Employees
- 1,768
- Sector
- Consumer Cyclical
- ISIN
- INE862B01013
- Website
- indianacrylics.com
Price range
- Avg volume (3M)
- 40.6K
- 1-year return
- minus 29.7%
- From 52-week high
- minus 36.3%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| INDIANACRYIndian Acrylics | 5.02 | minus 0.79% | 68 | – | −5.52 | −7.4% | – | 0.0% | −26.9% | – | 0.00% | minus 29.7% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 86.2 | 102 | 89.3 | 74 | 107 | |
| 86.3 | 100 | 86 | 80.4 | 106 | |
| −0.1 | 1.8 | 3.3 | −6.4 | 1.3 | |
| −0.1% | 1.7% | 3.7% | −8.6% | 1.2% | |
| 1.9 | 0.2 | 1.5 | 2.1 | 2.4 | |
| 3.7 | 4.9 | 4.2 | 4.5 | 3 | |
| 2.8 | 2.8 | 2.8 | 2.8 | 2.4 | |
| −4.7 | −5.7 | −2.2 | −11.4 | −1.7 | |
| −4.7 | −5.7 | −2.2 | −11.4 | −1.7 | |
| -0.35 | -0.42 | -0.16 | -0.84 | -0.12 |
Profit & loss
- Sales CAGR 3Y
- −26.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 902 | 546 | 389 | 352 | |
| – | minus 39.5% | minus 28.7% | minus 9.7% | |
| 832 | 555 | 389 | 348 | |
| 70.6 | −9 | 0.7 | 4 | |
| 7.8% | −1.6% | 0.2% | 1.1% | |
| −10 | 2.7 | −7.4 | −8.3 | |
| 25.3 | 32.5 | 10.2 | 8.4 | |
| 15.8 | 15.3 | 13.7 | 11.2 | |
| – | – | −0.3 | −0.1 | |
| 19.5 | −54.1 | −30.9 | −24.1 | |
| 19.5 | −54.1 | −30.9 | −24.1 | |
| 1.44 | -3.99 | -2.28 | -1.78 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 135 | 135 | 135 | 135 | |
| −43.1 | −94.6 | −125 | −148 | |
| 184 | 187 | 183 | 231 | |
| 282 | 171 | 179 | 134 | |
| 557 | 398 | 372 | 352 | |
| 242 | 226 | 207 | 194 | |
| 1.3 | 1.1 | 1 | 1 | |
| 0.1 | 0.9 | 9.5 | 15.2 | |
| 314 | 170 | 155 | 142 | |
| 557 | 398 | 372 | 352 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 53.7 | 8.6 | −9.5 | −29.8 | |
| −1.1 | 0.4 | 27.3 | 1.7 | |
| −74.4 | −36.1 | −17.1 | 34 | |
| −21.8 | −27.1 | 0.7 | 5.8 | |
| −1.1 | −1.5 | – | – | |
| 52.6 | 7.1 | −9.5 | −29.8 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.