As of 6 Nov 2026, Vardhman Acrylics trades at 3.8× trailing earnings, below the industry P/E of 17.0×, and the shares are 17% below their 52-week high. It earns ROCE of 11% and ROE of 18%, and sales and net profit fell 9.3% and 6.0% a year over 3 years. Its dividend yield is 3.7%. It is a small-cap company with a market cap of ₹325 Cr, ranked 68th of 246 Textile Manufacturing companies by market cap; the shares fell 0.9% over the past year.
- ₹41.50
- ₹41.50
- ₹40.01
- ₹40.76
- 11.8K
Health check
- ReturnsBehind
−0.9% over a year, better than 2 of 7 peers.
- Price tagCheaper
P/E 3.8 vs industry 17.0.
- GrowthShrinking
Sales −9.3%, profit −6.0% a year over 3 years.
- ProfitabilityAverage
ROCE 10.9% vs peer median 10.7%.
- Balance sheetFair
Piotroski 8 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹325 Cr
- Small cap
- P/E
- 3.8
- Industry 17.0
- Price to book
- 1.23
- Peers 3.81
- Dividend yield
- 3.71%
- ROE
- 18.2%
- Peers 10.1%
- ROCE
- 10.9%
- Peers 10.7%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹10.55
- Face value ₹10
- OPM (TTM)
- 11.4%
- Net margin 12.8%
- Sales growth
- +26.8%
- Latest quarter vs a year ago
- Profit growth
- +138.7%
- Latest quarter vs a year ago
- Price to sales
- 0.92
- EV/EBITDA 3.9
Strengths and risks
Strengths
- Return on equity of 18.2%.
- Dividend yield of 3.71%.
- Quarterly profit up 138.7% on a year ago.
- Quarterly sales up 26.8% on a year ago.
- P/E of 3.8 against an industry P/E of 17.0.
About Vardhman Acrylics
Vardhman Acrylics Limited manufactures and supplies acrylic fibers and tows in India. The company's products are used in hosiery, weaving, home furnishing, industrial, and other applications. It offers its products under the Varlan brand name. The company was incorporated in 1990 and is headquartered in Gurugram, India. Vardhman Acrylics Limited is a subsidiary of Vardhman Textiles Limited.
- Headquarters
- Gurugram
- Employees
- 318
- Sector
- Consumer Cyclical
- ISIN
- INE116G01013
- Website
- vardhmanacrylics.com
Price range
- Avg volume (3M)
- 28.3K
- 1-year return
- minus 0.9%
- From 52-week high
- minus 16.7%
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% |
| VARDHACRLCVardhman Acrylics | 40.44 | minus 0.79% | 325 | 3.8 | 1.23 | 10.9% | 18.2% | 11.4% | −9.3% | −6.0% | 3.71% | minus 0.9% |
| 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 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 69.4 | 2,505 | 83.5 | 78.3 | 113 | |
| 70 | 2,221 | 73.4 | 60.5 | 108 | |
| −0.6 | 284 | 10.1 | 17.7 | 5.8 | |
| −0.9% | 11.3% | 12.0% | 22.7% | 5.1% | |
| 3.7 | 73.8 | 4.3 | 4 | 2.9 | |
| 0 | 26.2 | 0 | 0.1 | 0.1 | |
| 0.7 | 118 | 0.7 | 0.7 | 0.8 | |
| 2.3 | 214 | 13.7 | 20.9 | 7.9 | |
| 23.9% | 21.1% | −14.0% | 22.5% | 25.3% | |
| 1.8 | 166 | 15.6 | 16.2 | 5.9 | |
| 0.22 | 5.85 | 1.94 | 2.02 | 0.74 |
Profit & loss
- Sales CAGR 3Y
- −9.3%
- Profit CAGR 3Y
- −6.0%
- EPS CAGR 3Y
- −6.1%
- ROE
- 18.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 426 | 297 | 281 | 318 | |
| – | minus 30.3% | minus 5.3% | +13.1% | |
| 390 | 283 | 276 | 300 | |
| 36.6 | 13.7 | 5 | 17.7 | |
| 8.6% | 4.6% | 1.8% | 5.6% | |
| 3.9 | 1.3 | 1.6 | 3.7 | |
| 0 | 0.1 | 0 | 0 | |
| 5.5 | 5.6 | 3 | 2.9 | |
| 8.2 | 12 | 12.5 | 10.4 | |
| 43.1 | 21.4 | 16 | 28.9 | |
| 23.8% | 17.9% | 26.3% | 5.6% | |
| 32.9 | 17.5 | 11.8 | 27.2 | |
| – | minus 46.6% | minus 32.6% | +130.5% | |
| 4.09 | 2.18 | 1.47 | 3.39 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 80.4 | 80.4 | 80.4 | 80.4 | |
| 165 | 163 | 158 | 174 | |
| 0.3 | 1.1 | 0.2 | 0 | |
| 96.5 | 83.7 | 110 | 88.6 | |
| 342 | 328 | 349 | 343 | |
| 58.4 | 55.8 | 57.7 | 60.2 | |
| 3.9 | 0 | 0.1 | 0.1 | |
| 83.6 | 89.8 | 65.3 | 4.3 | |
| 91 | 82.2 | 124 | 185 | |
| 105 | 100 | 102 | 93.2 | |
| 342 | 328 | 349 | 343 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 38.5 | 7.4 | 26.1 | 7 | |
| −36.7 | 12.3 | −9.1 | 7.7 | |
| −2.6 | −19.5 | −17.1 | −12.3 | |
| −0.8 | 0.1 | −0 | 2.5 | |
| −8 | −3.2 | −5 | −5.5 | |
| 30.5 | 4.1 | 21.1 | 1.6 | |
| −0.1 | −20.2 | −16.1 | −12.1 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.