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Indian Acrylics share price

Indian Acrylics Ltd.

NSE: INDIANACRY BSE: 514165 SECTOR: Textile - Spinning  12k   23   5

13.79
+0.25 (1.85%)
BSE: 23 Apr 03:40 PM

Price Summary

Today's High

₹ 14.1

Today's Low

₹ 13.55

52 Week High

₹ 19.4

52 Week Low

₹ 9.53

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

186.61 Cr.

Enterprise Value

328.86 Cr.

No. of Shares

13.53 Cr.

P/E

0

P/B

3.7

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  3.73

CASH

35.82 Cr.

DEBT

178.07 Cr.

Promoter Holding

62.56 %

EPS (TTM)

₹  -1.7

Sales Growth

45.79%

ROE

23.27 %

ROCE

20.31%

Profit Growth

125.24 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year45.79%
3 Year6.71%
5 Year11.36%

Profit Growth

1 Year125.24%
3 Year21.5%
5 Year16.79%

ROE%

1 Year23.27%
3 Year-13.7%
5 Year-4.81%

ROCE %

1 Year20.31%
3 Year6.26%
5 Year9.12%

Debt/Equity

1.9315

Price to Cash Flow

3.49

Interest Cover Ratio

1.52097678229399

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 62.56 0
Dec 2023 62.56 24.89
Sep 2023 62.56 24.89
Jun 2023 62.56 24.89
Mar 2023 62.56 24.89
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of -58.6573708030548 days.
  • The company has a high promoter holding of 62.56%.

 Limitations

  • The company has shown a poor revenue growth of 6.71070877592395% for the Past 3 years.
  • Company has a poor ROE of -13.6953003255047% over the past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 192.36 227.18 138.02 171.59 130.22
Total Expenditure 176.74 207.36 138.94 184.58 127.12
Operating Profit 15.63 19.82 -0.93 -12.99 3.1
Other Income 1.12 2.2 3.89 1.21 1.6
Interest 9.76 5.02 3.81 9.15 8.44
Depreciation 5.93 -1.76 8.48 3.81 3.91
Exceptional Items 0 0 0 0 0
Profit Before Tax 1.06 18.77 -9.33 -24.74 -7.65
Tax 0 0 0 0 0
Profit After Tax 1.06 18.77 -9.33 -24.74 -7.65
Adjusted EPS (Rs) 0.08 1.39 -0.69 -1.83 -0.57

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 737.22 748.47 533.63 623.83 909.5
Total Expenditure 701.12 676.99 467.46 641.19 837.65
Operating Profit 36.09 71.48 66.17 -17.35 71.85
Other Income 0 0 0 0 0
Interest 28.48 38.04 34.66 33.96 36.86
Depreciation 17.82 22.23 25.25 24.75 15.79
Exceptional Items 22.51 0 0 0 0
Profit Before Tax 12.31 11.21 6.26 -76.07 19.2
Tax 0.71 0.5 0 0 0
Net Profit 11.6 10.71 6.26 -76.07 19.2
Adjusted EPS (Rs.) 0.86 0.79 0.46 -5.62 1.42

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 135.32 135.32 135.32 135.32 135.32
Total Reserves -3.45 6.65 13.41 -62.5 -43.13
Borrowings 173.04 158.48 170.6 165.61 134.54
Other N/C liabilities 8.21 18.44 17.41 16.56 15.49
Current liabilities 264.21 299.21 238.48 344.61 315.29
Total Liabilities 577.33 618.1 575.21 599.6 557.52
Assets
Net Block 218.35 287.59 273.11 254.38 241.6
Capital WIP 57.61 10.84 3.11 1.69 0.9
Intangible WIP 0 0 0 0 0
Investments 0.51 0.54 0.43 0.42 0.18
Loans & Advances 5.21 3.31 5.12 4.34 3.32
Other N/C Assets 0 0 0 0 0
Current Assets 295.65 315.83 293.45 338.77 311.52
Total Assets 577.33 618.1 575.21 599.6 557.52
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -10.21 11.21 6.26 -76.07 19.2
Adjustment 45.59 59.77 59.91 58.72 52.65
Changes in Assets & Liabilities 40.74 29.77 -55.09 104.71 -18.4
Tax Paid 0 0 0 0 0
Operating Cash Flow 76.13 100.75 11.08 87.36 53.45
Investing Cash Flow -57.58 -42.57 -4.66 -3.71 -0.87
Financing Cash Flow -17.62 -53.79 -10.98 -36.87 -74.4
Net Cash Flow 0.92 4.39 -4.56 46.78 -21.83

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 62.56 62.56 62.56 62.56 62.56
chandigarh aircraft manag... 0.09 0.09 0.09 0.09 0.09
dheeraj garg 16.49 16.49 16.49 16.49 16.49
indian acrylics investmen... 2.14 2.14 2.14 2.14 2.14
malwa chemtex udyog ltd 0.74 0.74 0.74 0.74 0.74
munak international pvt.l... 0.05 0.05 0.05 0.05 0.05
priya garg 0.06 0.06 0.06 0.06 0.06
punjab state industrial d... 13.55 13.55 13.55 13.55 13.55
r k garg 3.09 3.09 3.09 3.09 3.09
s a b udyog limited 12.47 12.47 12.47 12.47 12.47
s.j .mercantile pvt limit... 0.02 0.02 0.02 0.02 0.02
sab industries limited 10.93 10.93 10.93 10.93 10.93
steel strips infrastructu... 2.73 2.73 2.73 2.73 2.73
sunena garg 0.21 0.21 0.21 0.21 0.21
malwa chemtex udyog ltd 0.74 0.74 0.74 0.74 0.74
PARTICULARS Mar 2020% Jun 2020% Sep 2020% Dec 2020% Mar 2021%
investors 37.44 37.44 37.44 37.44 37.44
bloomen flora limited 2.10 2.10 2.10 2.10 2.10

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Indian Acrylics informs about press release15 Feb 2024, 3:39PM Indian Acrylics - Quaterly Results14 Feb 2024, 2:26PM Indian Acrylics - Quaterly Results14 Feb 2024, 2:26PM Indian Acrylics informs about issuance of duplicate share certificates20 Jan 2024, 12:19PM Indian Acrylics informs about newspaper publication9 Nov 2023, 4:39PM Indian Acrylics informs about newspaper cutting9 Nov 2023, 2:33PM Indian Acrylics informs about certificate5 Oct 2023, 5:11PM Indian Acrylics submits book closure intimation 25 Aug 2023, 5:13PM Indian Acrylics informs about credit rating22 Aug 2023, 2:49PM Indian Acrylics - Quaterly Results10 Aug 2023, 3:18PM Indian Acrylics - Quaterly Results10 Aug 2023, 3:18PM Indian Acrylics informs about board meeting 1 Aug 2023, 4:38PM Indian Acrylics informs about closure of trading window30 Jun 2023, 12:19PM Indian Acrylics - Quaterly Results15 May 2023, 3:30PM Indian Acrylics - Quaterly Results15 May 2023, 3:30PM Indian Acrylics - Quaterly Results15 May 2023, 3:30PM Indian Acrylics informs about non-applicability of large corporate entity 20 Apr 2023, 11:47AM Indian Acrylics informs about certificate18 Apr 2023, 4:25PM Indian Acrylics informs about compliance certificate5 Apr 2023, 4:19PM Indian Acrylics informs about loss of share certificate20 Mar 2023, 6:00PM Indian Acrylics - Quaterly Results16 Jan 2023, 1:30PM Indian Acrylics - Quaterly Results16 Jan 2023, 1:30PM Indian Acrylics - Quaterly Results16 Jan 2023, 1:30PM Indian Acrylics informs about press release14 Nov 2022, 2:53PM Indian Acrylics - Quaterly Results11 Nov 2022, 1:56PM Indian Acrylics informs about newspaper publication20 Jul 2022, 3:04PM Indian Acrylics - Quaterly Results19 Jul 2022, 5:54PM Indian Acrylics - Quaterly Results19 Jul 2022, 5:54PM Indian Acrylics - Quaterly Results19 Jul 2022, 5:54PM Indian Acrylics’ export sale increasing to double in this quarter27 May 2022, 3:20PM Indian Acrylics - Quaterly Results25 May 2022, 2:02PM Indian Acrylics - Quaterly Results25 May 2022, 2:02PM Indian Acrylics - Quaterly Results25 May 2022, 2:02PM Indian Acrylics informs about compliance certificate14 Apr 2022, 2:16PM Indian Acrylics informs about compliances certificate 7 Jan 2022, 4:29PM Indian Acrylics informs about related party transactions4 Dec 2021, 3:29PM Indian Acrylics informs about certificate7 Jul 2021, 12:07PM Indian Acrylics informs about disclosure on related party transactions19 May 2021, 2:10PM Indian Acrylics informs about outcome of board meeting30 Apr 2021, 4:22PM Indian Acrylics informs about newspaper advertisement26 Apr 2021, 12:12PM Indian Acrylics improves sales by 19% in December4 Jan 2021, 10:45AM Indian Acrylics informs about company updates4 Jan 2021, 10:35AM Indian Acrylics informs about company updates2 Dec 2020, 10:38AM Indian Acrylics increasing overall production, sales5 Oct 2020, 12:07PM Indian Acrylics informs about newspaper cuttings3 Oct 2020, 10:52AM Indian Acrylics informs about newspaper publication8 Sep 2020, 12:49PM Indian Acrylics increasing production at Acrylic Fibre, Acrylic Yarn plants2 Sep 2020, 11:11AM Indian Acrylics informs about company updates2 Sep 2020, 10:13AM Indian Acrylics resumes production at Acrylic Fibre, Acrylic Yarn plants18 Jun 2020, 3:25PM

Indian Acrylics Stock Price Analysis and Quick Research Report. Is Indian Acrylics an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Indian Acrylics has a PE ratio of -8.13329401356532 which is low and comparatively undervalued .

  • Share Price: - The current share price of Indian Acrylics is Rs 13.79. One can use valuation calculators of ticker to know if Indian Acrylics share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Indian Acrylics has ROA of 3.3191333655341 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Indian Acrylics has a Current ratio of 0.988033421420207 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Indian Acrylics has a ROE of 23.2740446001722 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Indian Acrylics has a D/E ratio of 1.9315 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Indian Acrylics has an Inventory turnover ratio of 4.31845670590174 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Indian Acrylics has reported revenue growth of 45.7915339521956 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Indian Acrylics for the current financial year is 7.89986142870165 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Indian Acrylics is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Indian Acrylics
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