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Indian Acrylics Ltd. Stock Analysis

Small Cap
Evaluated by 256 users | BSE: 514165 | NSE: INDIANACRY |
Textile - Spinning
Indian Acrylics Ltd was incorporated as a Public Limited Company on February 28,1986 and obtained certificate of commencement of business on March 10,1986 from Registrar of Companies Punjab H.P.and Chandigarh at Jalandhar.It was originally formed as Joint Sector project by.R K Garg alongwith...

Analysis of Financial Track Record

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
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 25.18%1.86%8.76%17.3%29.4%-7.27%35.42%19.04%8.04%4.77%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 411408501388631551544481531737
Y-o-Y Gr. Rt.--0.7%22.7%-22.6%62.9%-12.7%-1.3%-11.6%10.4%38.9%
Adjusted EPS (Rs.) 2.15-0.490.020.320.85-1.241.521.730.65-0.31
Y-o-Y Gr. Rt.--122.8%NA1500%165.6%-245.9%NA13.8%-62.4%-147.7%
Book Value per Share (Rs.) 2.472.54.354.665.54.065.597.248.899.75
Adjusted Net Profit 28.3-6.40.24.311.5-16.820.623.58.8-4.2
Net Op. Cash Flow (Rs. Cr.) 64.944.634.319.163.98.145.714.73.776.1
Debt to Cash Flow from Ops 1.821.671.142.230.181.870.8810.0254.922.69
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Indian Acrylics Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 6.7%3.2%10.7%38.9%
Adjusted EPS -180.6%-181.7%-158.9%-147.7%
Book Value per Share 16.512.120.49.7
Share Price 12.2% 0% -19.8% -14%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 171.82-19.580.487.0316.69-25.9531.5927.048.1-3.3
Operating Profit Margin (%) 15.3211.521.854.267.151.238.8910.758.44.9
Net Profit Margin (%) 6.88-1.570.041.111.82-3.043.794.881.66-0.56
Debt to Equity 3.652.270.660.680.160.270.531.51.71.55
Working Capital Days 106124114132829193125153133
Cash Conversion Cycle -35-3-5-18-12-18-25-73218
Entity Percentage Holding
Promoters 62.56%
Institutions 0.07%
Non-Institutions 37.37%
Pledged *25.4025.4025.3625.3624.8924.8924.8924.8924.8924.89
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Indian Acrylics Ltd.'s performance infers:

Indian Acrylics Ltd. earnings have declined by -181.7%, whereas share price has appreciated 0% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Indian Acrylics Ltd. share prices over the last 10 years. Here is what we found out:

Indian Acrylics Ltd. share price has appreciated 5.4% annually over the past ten years.

Indian Acrylics Ltd was incorporated as a Public Limited Company on February 28,1986 and obtained certificate of commencement of business on March 10,1986 from Registrar of Companies Punjab H.P.and Chandigarh at Jalandhar.

It was originally formed as Joint Sector project by.R K Garg alongwith Punjab State Industrial Development Corporation Limited (PSIDC) the project is now being implemented in assisted sector.

India acrylics a mega petrochemical project is largest producer of acrylic

Indian Acrylics Ltd was incorporated as a Public Limited Company on February 28,1986 and obtained certificate of commencement of business on March 10,1986 from Registrar of Companies Punjab H.P.and Chandigarh at Jalandhar.

It was originally formed as Joint Sector project by.R K Garg alongwith Punjab State Industrial Development Corporation Limited (PSIDC) the project is now being implemented in assisted sector.

India acrylics a mega petrochemical project is largest producer of acrylic fiber with a capacity to produce 42000 TPA.. IAL manufactures a range of acrylic staple fibre from 0.9 denier to 13 denier in regular and high shrink, and tow between 0.9D to 6D with K – Tex of 60,78 and 100.

The company alone has the acrylic fiber plant in the country with an international level capacity and enjoys the growth rate of 10% per annum

Their country effort on developing new uses of acrylic fiber, such as mink  blankets, stock upholstery, sarees, dress material-shirt, softy toy, plush & fur fabric blending with velvet and silk has made as a top company to reckon with.

Product range of the company includes:

  • Staple fabric
  • Normal Bright Staple fibre
  • Semi Dull lusture Staple Fibre
  • Normal Bright Staple Fibre (Non Shrinkable)
  • Normal Bright Staple (Shrinkable)
  • Acrylic tow
  • Acrylic top

Achievements/ recognition:

  • Highest export award performance (2006-07)
  • Arch of Europe award 2002
  • Export award certificate 2006-2007
  • Export award certificate 2004-2005
  • Export award certificate 2003-2004
  • Export award certificate 2001-2002
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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