Vardhman Acrylics Ltd Stock Analysis

BSE: 0 | NSE: VARDHACRLC | Textile - Manmade Fibres | Small Cap

BSE Share Price
Not Listed

DeciZen - Make an Informed Decision on Vardhman Acrylics

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

2. Valuation

Undervalued

3. Price Trend

Vardhman Acrylics Price Chart

P/E Ratio (SA) :
18.27
Market Cap :
421.1 Cr.
52-wk low :
0
52-wk high :
0
Bole Toh?

1. Is Vardhman Acrylics Ltd a good quality company?

Data is not available for this company.

2. Is Vardhman Acrylics Ltd undervalued or overvalued?

No data found

3. Is Vardhman Acrylics Ltd a good buy now?

No data found

10 Year X-Ray of Vardhman Acrylics:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 10.8%14.3%9.4%8.5%9.9%10.7%9.3%10%11%3%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 436468498413337320392334280303440
YoY Gr. Rt. %-7.3%6.3%-17.2%-18.3%-5.2%22.6%-14.7%-16.2%8.3%-
Adj EPS 2.94.33.12.93.843.84.35.11.12.9
YoY Gr. Rt. %-48.1%-27.2%-8%30.1%7.5%-7.2%13.3%20.7%-78.6%-
BVPS (₹) 27.432.434.634.236.839.741.544.249.626.428.7
Adj Net Profit 27.640.129.226.930.332.430.134.241.28.823
Cash Flow from Ops. 23.742.755.423.242.22.925.54.239.5-9.4-
Debt/CF from Ops. 0.200000.500.30-0.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -4%-2.1%-8.2%8.3%
Adj EPS -10.3%-21.8%-33.6%-78.6%
BVPS -0.4-6.4-14-46.7
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 10.814.39.48.49.910.69.29.910.92.910.4
Op. Profit Mgn % 10.811.76.910.711.39.97.1817.22.95.6
Net Profit Mgn % 6.38.65.96.5910.27.710.214.72.95.2
Debt to Equity 00000000000
Working Cap Days 121119122146193237215269320310161
Cash Conv. Cycle 302410311202115214695

Recent Performance Summary

Sales growth is good in last 4 quarters at 48.58%

Return on Equity has declined versus last 3 years average to 6.00%

Sales growth has been subdued in last 3 years -4.30%

Net Profit has been subdued in last 3 years 8.29%

Latest Financials - Vardhman Acrylics Ltd.

Standalone Consolidated
TTM EPS (₹) 2.9 -
TTM Sales (₹ Cr.) 440 -
BVPS (₹.) 28.7 -
Reserves (₹ Cr.) 151 -
P/BV 1.82 -
PE 18.27 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 421
Equity (₹ Cr.) 80.4
Face Value (₹) 10
Industry PE 7.2

Management X-Ray of Vardhman Acrylics :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Vardhman Acrylics

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Vardhman Acrylics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vardhman Acrylics on 01-Jan-1970 05:30 is : 0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Vardhman Acrylics stood at ₹ 421.1.
The latest PE ratio of Vardhman Acrylics as of 01-Jan-1970 05:30 is 18.27.
The latest PB ratio of Vardhman Acrylics as of 01-Jan-1970 05:30 is 1.82
The 52-week high of Vardhman Acrylics is ₹ 0.00 and the 52-week low is ₹ 0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Vardhman Acrylics is ₹ 440.2 ( Cr.) .

About Vardhman Acrylics Ltd

Vardhman Group ventured into the manufacture of Acrylic Fiber/Tow in 1999. The joint venture, Vardhman Acrylics (VAL) was set up together with two leading Japanese business houses namely Japan Exlan Co. a part of Toyobo Group of Japan and Marubeni Corporation Japan. Japan Exlan Co. Ltd. is a pioneer in manufacturing of Acrylic Fibre while Marubeni Corporation is trading houses in the world, with over 200 representative offices & more than 650 affiliated companies in 90 countries.

Today VAL is an important acrylic fibre producer and its state-of-the-art Wet Spun technology, highly automated and microprocessor controlled plant with distributed Controlled Systems, is one of the most sophisticated acrylic fibre plant in the world producing consistently superior quality fibre.

Vardhman is a major integrated textile producer in India. The group was set up in 1965 at Ludhiana, Northern India. Since then, the group has expanded manifold and is today, perhaps, the largest textile conglomerate in India.

The group portfolio includes manufacturing and marketing of Yarns, Fabrics, Sewing Threads, Fibre and Alloy Steel. The company has set up a 18000 TPA Acrylic Staple Fibre and tow production plant at Jhagadia, Distt. Bharuch in the state of Gujarat, India.

The world class wet spun technology for the manufacture of acrylic fiber / tow has been sourced from Japan Exlan Co. Japan. It is a state of the art, highly automated production facility making it amongst the most advanced plants of its type in the world.

VARLAN fibre has achieved a high order of recognition in Indian market for use in a very wide variety of applications like hand knitting yarns; machine knitting yarns for jerseys, sweaters etc.; sarees; dress materials; upholstery; furnishings; velvets; blankets; carpets and many more. The endeavors for developing newer and exciting applications of VARLAN fibre continue in close association with the users.

Product range of the company includes:

  • Acrylic Bright & Semi-dull Non shrinkable fibre in 1.2,1.5,2,3,5,7,10,15 deniers in a wide range of cut lenghts.
  • Acrylic Bright & Semi-dull Shrinkable fibre with different shrinkage levels in 2,3,5 deniers in a wide range of cut lengths
  • Acrylic Tow endless Bright & Semi dull in 2,3 denier.
  • Specialty acrylic fibres suitable for Open end spinning; Soft handle, Water absorbent applications etc.
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