Pasupati Acrylon Limited (PASUPTAC) AI Stock Analysis

• Market Cap: ₹4.15B
• Dividend Yield: N/A
• Average Volume (3M): 22.93K
• Price to Earnings (P/E): 4.6
• Beta (1Y): 1.11
• Revenue Growth: 36.99%
• EPS Growth: 10.60%
• Country: IN
• Employees: 433
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Apparel - Manufacturers
• EPS (TTM): 2.88
• Shares Outstanding: 89,133,120
• 10 Day Avg. Volume: 10,697
• 30 Day Avg. Volume: 22,933
• PEG Ratio: 0.08
• Price to Book (P/B): 1.23
• Price to Sales (P/S): 0.72
• P/FCF Ratio: -4.64
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: ₹52.00 ▲(20.04% Upside)
• Action: Upgraded Date: 11/26/25
• Date: Action: Upgraded 11/26/25

Pasupati Acrylon Limited's stock score is driven by strong technical indicators and reasonable valuation. However, financial performance is mixed, with challenges in profitability and cash flow management. The absence of dividend yield and lack of earnings call data slightly dampen the overall attractiveness.

Positive Factors

Stable gross margins

Consistently stable gross margins reflect durable cost controls and pricing discipline, supporting core profitability even if sales fluctuate. This structural margin stability helps the company sustain gross cash generation and absorb input cost swings, underpinning medium‑term earnings resilience.

Conservative leverage

Low debt relative to equity provides financial flexibility and lowers interest burdens, enabling the firm to fund capex or cyclical needs without immediate refinancing stress. This conservative capital structure improves resilience to downturns and preserves capacity for strategic investments over the next several quarters.

Recent strong revenue & EPS growth

Substantial recent top‑line and EPS expansion indicates meaningful demand recovery or improved operational leverage. Sustained high growth over near quarters can enhance scale economics, better absorb fixed costs and support reinvestment, strengthening competitive position if execution continues.

Negative Factors

Negative free cash flow

Persistent negative free cash flow from elevated capex reduces internal funding for operations, dividends, or debt reduction. Over months this forces external financing or equity dilution, constraining strategic flexibility and increasing funding risk if cash generation does not improve.

Inconsistent profitability

Material swings in net margins signal unreliable conversion of sales to profits, reflecting pricing, cost or mix issues. This undermines predictability of returns and ROE, complicating capital allocation and investor visibility on sustainable earnings over the medium term.

Limited asset growth

Only moderate asset expansion implies constrained capacity to scale or limited reinvestment success. Over a multi‑quarter horizon this can cap market share gains and limit ability to exploit demand surges, reducing potential long‑term revenue and operating‑leverage improvements.

Pasupati Acrylon Limited Business Overview & Revenue Model

Company Description

Pasupati Acrylon Limited manufactures and sells acrylic fibers and cast polypropylene (CPP) films in India. The company offers acrylic tows and tops, including gel dyed, low pill fiber, shrinkable fiber, soft feel fiber, tow dyed, and super bright fiber products for the use in sweaters, shawls, apparels, blankets, carpets, and upholstery under the ACRYLON brand name. It also provides metalized, natural, and white CPP films. The company also exports its products. Pasupati Acrylon Limited was incorporated in 1982 and is based in New Delhi, India.

How the Company Makes Money

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Pasupati Acrylon Limited Financial Statement Overview

Summary

Pasupati Acrylon Limited shows mixed financial performance. While cost management is decent, profitability and revenue growth are inconsistent. The balance sheet reflects conservative leverage but variable returns. Cash flow challenges are evident with negative free cash flow and volatility in operational cash flow.

Income Statement

Pasupati Acrylon Limited has shown a mixed performance in its income statement. The gross profit margin has remained relatively stable, indicating effective cost management. However, the net profit margin fluctuated with a significant drop in recent years, suggesting challenges in maintaining profitability. Revenue growth has been inconsistent, with notable declines, reflecting volatility in sales performance. The EBIT and EBITDA margins also show variability, highlighting operational inefficiencies in certain periods.

Balance Sheet

The balance sheet of Pasupati Acrylon Limited indicates moderate financial health. The debt-to-equity ratio is low, suggesting conservative leverage. However, the return on equity has been inconsistent, pointing to variable profitability. The equity ratio suggests a strong equity base relative to total assets, but the overall asset growth has been moderate, indicating limited expansion.

Cash Flow

Cash flow from operations has been volatile, with recent declines indicating potential cash generation issues. The free cash flow has been negative, primarily due to high capital expenditures, suggesting a need for careful cash management. The operating cash flow to net income ratio underlines periods of inefficiency in converting net income into cash flows.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	8.38B	6.21B	5.73B	8.28B	7.75B	5.04B
Gross Profit	2.12B	1.66B	1.17B	2.10B	1.65B	1.42B
EBITDA	668.98M	448.40M	248.09M	582.00M	712.14M	685.64M
Net Income	393.50M	353.80M	131.90M	359.11M	458.97M	430.49M
Balance Sheet
Total Assets	6.45B	5.95B	4.99B	4.58B	4.25B	3.71B
Cash, Cash Equivalents and Short-Term Investments	1.14B	1.17B	1.21B	1.12B	1.05B	1.03B
Total Debt	1.10B	1.08B	442.30M	1.30M	587.00K	8.89M
Total Liabilities	2.63B	2.31B	1.70B	1.43B	1.46B	1.37B
Stockholders Equity	3.82B	3.64B	3.29B	3.16B	2.80B	2.33B
Cash Flow
Free Cash Flow	-25.70M	-969.00M	-217.89M	259.00M	-155.26M	27.93M
Operating Cash Flow	50.80M	67.20M	727.12M	300.20M	-131.68M	134.95M
Investing Cash Flow	101.30M	-815.50M	-1.02B	-774.40M	251.05M	-316.10M
Financing Cash Flow	-45.60M	616.20M	420.45M	-35.40M	-39.98M	-32.34M

Pasupati Acrylon Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 43.32
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PASUPTAC, the sentiment is Negative. The current price of 43.32 is below the 20-day moving average (MA) of 49.53, below the 50-day MA of 48.57, and below the 200-day MA of 49.03, indicating a bearish trend. The MACD of -1.32 indicates Positive momentum. The RSI at 37.38 is Neutral, neither overbought nor oversold. The STOCH value of 11.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PASUPTAC.

Pasupati Acrylon Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PASUPTAC	74 Outperform	₹4.15B	4.61	―	―	36.99%	10.60%
GANESHBE	63 Neutral	₹5.58B	9.06	―	―	-12.30%	-26.40%
SADHNANIQ	63 Neutral	₹4.80B	-2.39	―	1.25%	-37.44%	-950.73%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
VARDHACRLC	56 Neutral	₹2.67B	10.89	―	4.02%	―	―
LORDSCHLO	54 Neutral	₹3.07B	23.33	―	―	39.31%	―

Pasupati Acrylon Limited Corporate Events

Pasupati Acrylon Opens SEBI-Mandated Special Window for Legacy Physical Share Transfers

Pasupati Acrylon Limited has notified exchanges that, in line with a recent SEBI circular, a one-year special window has been opened from 5 February 2026 to 4 February 2027 for shareholders to lodge or re-lodge transfer deeds for physical shares sold or purchased before 1 April 2019. Under this framework, any shares transferred during the window will be credited only in dematerialized form following due process and will be subject to a one-year lock-in during which they cannot be transferred, lien-marked or pledged, a move that aligns with the broader market push toward dematerialization and improved transparency for investors holding legacy physical shares.

Pasupati Acrylon Updates Address of Registrar and Share Transfer Agent

Pasupati Acrylon Limited has announced a change in the office address of its Registrar and Share Transfer Agent, MCS Share Transfer Agent Limited, which remains located in Okhla Industrial Area, Phase I, New Delhi, but has moved to new premises at 179-180, 3rd Floor, DSIDC Shed. The company has requested the stock exchanges to update this revised address in their records and corporate information sections, a routine compliance step aimed at ensuring accurate contact details for shareholders and other stakeholders dealing with share registry and transfer-related matters.