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Vardhman Acrylics share price

Vardhman Acrylics Ltd.

NSE: VARDHACRLC SECTOR: Textile - Manmade Fibres  31k   132   13

55.85
-0.09 (-0.16%)
NSE: 02 Jul 4:00 PM

Price Summary

Today's High

₹ 56.7

Today's Low

₹ 55.61

52 Week High

₹ 74.9

52 Week Low

₹ 49.9

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
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

448.83 Cr.

Enterprise Value

445.48 Cr.

No. of Shares

8.04 Cr.

P/E

25.59

P/B

1.85

Face Value

₹ 10

Div. Yield

3.58 %

Book Value (TTM)

₹  30.23

CASH

3.69 Cr.

DEBT

0.34 Cr.

Promoter Holding

74.97 %

EPS (TTM)

₹  2.18

Sales Growth

40.66%

ROE

14.36 %

ROCE

18.83%

Profit Growth

125.68 %

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

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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

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

 Group Companies

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Ratios

Sales Growth

1 Year40.66%
3 Year8.46%
5 Year5.95%

Profit Growth

1 Year125.68%
3 Year-10.78%
5 Year-3.16%

ROE%

1 Year14.36%
3 Year10.17%
5 Year10.9%

ROCE %

1 Year18.83%
3 Year13.3%
5 Year13.65%

Debt/Equity

0.0014

Price to Cash Flow

11.65

Interest Cover Ratio

147.492522093814

CFO/PAT (5 Yr. Avg.)

0.574249532108301

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 74.97 0
Dec 2023 74.97 0
Sep 2023 74.97 0
Jun 2023 74.97 0
Mar 2023 74.97 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 2.4462 Cr.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 147.492522093814.
  • Company’s PEG ratio is 0.203606366560349.
  • The company has an efficient Cash Conversion Cycle of 12.6231153402669 days.
  • The company has a high promoter holding of 74.97%.

 Limitations

  • The company has shown a poor profit growth of -10.7799602601074% for the Past 3 years.
  • The company has shown a poor revenue growth of 8.46424845940885% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 80.6 80.8 86.41 61.89 68.38
Total Expenditure 77.39 82.3 81.09 57.03 63.82
Operating Profit 3.21 -1.5 5.32 4.86 4.56
Other Income 3.31 3.54 3.95 2.96 3.58
Interest 0.07 0.06 0.07 0.03 0.13
Depreciation 1.36 1.4 1.42 1.46 1.36
Exceptional Items 0 0 0 0 0
Profit Before Tax 5.09 0.58 7.78 6.33 6.65
Tax 1.17 0.12 1.6 0.73 1.36
Profit After Tax 3.92 0.46 6.18 5.6 5.29
Adjusted EPS (Rs) 0.49 0.06 0.77 0.7 0.66

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 391.96 334.37 280.19 303.33 426.66
Total Expenditure 364.14 307.59 232.51 294.49 390.58
Operating Profit 27.82 26.78 47.68 8.84 36.08
Other Income 24.75 26.61 15.37 14.4 12.79
Interest 0.44 0.3 0.53 0.39 0.29
Depreciation 5.4 5.23 5.42 5.42 5.49
Exceptional Items 0 0 0 0 0
Profit Before Tax 46.73 47.86 57.11 17.43 43.1
Tax 12.24 1.59 14.19 2.87 10.24
Net Profit 34.49 46.27 42.92 14.56 32.86
Adjusted EPS (Rs.) 4.29 5.76 5.34 1.81 4.09

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 80.36 80.36 80.36 80.36 80.36
Total Reserves 253.29 275.06 318.01 131.95 164.99
Borrowings 0 0 0 0 0
Other N/C liabilities 20.18 11.22 10.93 8.15 7.66
Current liabilities 231.46 227.26 229.92 243.88 261.66
Total Liabilities 585.3 593.91 639.23 464.35 514.67
Assets
Net Block 51.59 63.83 58.67 55.84 54.44
Capital WIP 0.03 0.02 0.21 0.19 3.93
Intangible WIP 0 0 0 0 0
Investments 58.34 63.1 53.2 56.39 83.3
Loans & Advances 0.48 0.48 0.53 0.53 1.23
Other N/C Assets 11.5 19.98 0.09 0.34 0.37
Current Assets 463.36 446.5 526.53 351.05 371.4
Total Assets 585.3 593.91 639.23 464.35 514.67
* 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 46.73 47.86 57.11 17.43 43.1
Adjustment -15.05 -20.44 -9.16 -6.59 -2.38
Changes in Assets & Liabilities 6.32 -14.6 4.97 -12.44 8.3
Tax Paid -12.49 -8.65 -13.46 -7.82 -10.49
Operating Cash Flow 25.51 4.17 39.46 -9.41 38.53
Investing Cash Flow -7.79 80.47 -82.58 190.12 -36.73
Financing Cash Flow -20.04 -23.61 -1.1 -197.82 -2.61
Net Cash Flow -2.33 61.03 -44.22 -17.11 -0.81

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 74.97 74.97 74.97 74.97 74.97
devakar investment and tr... 3.23 3.23 3.23 3.23 3.23
vardhman holdings limited... 0.91 0.91 0.91 0.91 0.91
vardhman textiles limited... 70.74 70.74 70.74 70.74 70.74
vtl investments limited 0.09 0.09 0.09 0.09 0.09
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 25.03 25.03 25.03 25.03 25.03
investor education and pr... 0.10 0.12 0.12 0.12 0.12
nahar capital and financi... - 1.14 1.14 1.14 1.14
nahar capital and financi... 1.14 - - - -

Annual Reports

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Ratings & Research Reports

Company Presentations

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Company News

Vardhman Acrylics - Quaterly Results4 May 2024, 12:00PM Vardhman Acrylics - Quaterly Results4 May 2024, 12:00PM Vardhman Acrylics - Quaterly Results4 May 2024, 12:00PM Vardhman Acrylics - Quaterly Results20 Jan 2024, 12:00PM Vardhman Acrylics - Quaterly Results20 Jan 2024, 12:00PM Vardhman Acrylics - Quaterly Results20 Jan 2024, 12:00PM Vardhman Acrylics - Quaterly Results26 Oct 2023, 12:00PM Vardhman Acrylics - Quaterly Results26 Oct 2023, 12:00PM Vardhman Acrylics - Quaterly Results26 Oct 2023, 12:00PM Vardhman Acrylics - Quaterly Results1 Aug 2023, 12:00PM Vardhman Acrylics - Quaterly Results1 Aug 2023, 12:00PM Vardhman Acrylics - Quaterly Results1 Aug 2023, 12:00PM Vardhman Acrylics - Quaterly Results28 Apr 2023, 12:00PM Vardhman Acrylics - Quaterly Results28 Apr 2023, 12:00PM Vardhman Acrylics - Quaterly Results28 Apr 2023, 12:00PM Vardhman Acrylics reports marginal rise in Q3 net profit16 Jan 2023, 2:20PM Vardhman Acrylics - Quaterly Results16 Jan 2023, 12:00PM Vardhman Acrylics - Quaterly Results16 Jan 2023, 12:00PM Vardhman Acrylics - Quaterly Results16 Jan 2023, 12:00PM Vardhman Acrylics - Quaterly Results26 Oct 2022, 12:00PM Vardhman Acrylics - Quaterly Results26 Oct 2022, 12:00PM Vardhman Acrylics - Quaterly Results19 Jul 2022, 12:00PM Vardhman Acrylics - Quaterly Results19 Jul 2022, 12:00PM Vardhman Acrylics - Quaterly Results16 May 2022, 12:00PM Vardhman Acrylics - Quaterly Results16 May 2022, 12:00PM Vardhman Acrylics - Quaterly Results16 May 2022, 12:00PM Vardhman Acrylics - Quaterly Results19 Jan 2022, 12:00PM Vardhman Acrylics - Quaterly Results23 Oct 2021, 12:00PM Vardhman Acrylics - Quaterly Results23 Oct 2021, 12:00PM

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

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Vardhman Acrylics stock price today is Rs 55.85. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Vardhman Acrylics . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Vardhman Acrylics has a PE ratio of 25.5887473655274 which is high and comparatively overvalued .

  • Share Price: - The current share price of Vardhman Acrylics is Rs 55.85. One can use valuation calculators of ticker to know if Vardhman 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. Vardhman Acrylics has ROA of 6.71242136761967 % 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. Vardhman Acrylics has a Current ratio of 1.41940192067802 .

  • 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. Vardhman Acrylics has a ROE of 14.3587706516113 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Vardhman Acrylics has a Debt to Equity ratio of 0.0014 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Vardhman Acrylics has reported revenue growth of 40.661887874543 % 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 Vardhman Acrylics for the current financial year is 8.45734763496846 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Vardhman Acrylics is Rs 2.5 and the yield is 3.581 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Vardhman Acrylics is Rs 2.1826 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Vardhman Acrylics in Ticker for free. Also, one can get the intrinsic value of Vardhman Acrylics by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Vardhman Acrylics
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