Vardhman Acrylics Ltd. (VARDHACRLC) AI Stock Analysis

• Market Cap: ₹2.78B
• Dividend Yield: 4.02%
• Average Volume (3M): 42.64K
• Price to Earnings (P/E): 10.9
• Beta (1Y): 0.85
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 326
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.92
• Shares Outstanding: 80,363,750
• 10 Day Avg. Volume: 68,506
• 30 Day Avg. Volume: 42,638
• PEG Ratio: -0.87
• Price to Book (P/B): 1.40
• Price to Sales (P/S): 1.18
• P/FCF Ratio: 15.79
• 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: 60 Neutral
• Price Target: ₹36.00 ▼(-6.05% Downside)
• Action: Reiterated Date: 04/01/26
• Date: Action: Reiterated 04/01/26

The score is held back primarily by weak technicals (price below all major DMAs and bearish momentum), despite reasonable underlying financial stability and an attractive valuation (modest P/E and strong dividend yield). Financial performance is mixed, with balance sheet strength offset by inconsistent profitability and uneven free cash flow.

Positive Factors

Balance Sheet Strength

Low leverage and a solid capital structure materially reduce financing risk, giving the company durable flexibility to absorb textile demand cyclicality and input cost swings. This stability supports working capital, selective capex and creditor confidence across the next several months.

Negative Factors

Margin Erosion

Declining EBIT and EBITDA margins reflect weakening operating efficiency or pressure from rising input costs that haven’t been fully passed to customers. Persistent margin erosion reduces internal funding for reinvestment, weakens returns on capital and harms long-term profitability prospects.

Vardhman Acrylics Ltd. Business Overview & Revenue Model

Company Description

Vardhman Acrylics Limited manufactures and supplies acrylic fibers and tows in India. Its products are used in apparels and house-hold products. The company provides its products under the VARLAN brand name. Vardhman Acrylics Limited was incorpora...

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Vardhman Acrylics Limited manufactures and supplies acrylic fibers and tows in India. Its products are used in apparels and house-hold products. The company provides its products under the VARLAN brand name. Vardhman Acrylics Limited was incorpora...

How the Company Makes Money

The company makes money mainly by manufacturing and selling acrylic fiber to customers in the textile value chain (e.g., spinners and other textile producers). Revenue is therefore driven by sales volumes of acrylic fiber and realized selling pric...

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The company makes money mainly by manufacturing and selling acrylic fiber to customers in the textile value chain (e.g., spinners and other textile producers). Revenue is therefore driven by sales volumes of acrylic fiber and realized selling pric...

Vardhman Acrylics Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	3.13B	2.82B	2.97B	4.26B	3.03B	2.80B
Gross Profit	780.70M	829.60M	993.60M	1.36B	687.55M	1.08B
EBITDA	158.60M	193.10M	272.67M	488.78M	232.36M	630.53M
Net Income	101.90M	118.30M	175.36M	328.58M	145.59M	429.17M
Balance Sheet
Total Assets	3.39B	3.49B	3.28B	3.42B	3.02B	4.85B
Cash, Cash Equivalents and Short-Term Investments	1.63B	1.25B	821.69M	909.99M	818.51M	2.80B
Total Debt	0.00	1.80M	11.37M	3.39M	27.85M	3.59M
Total Liabilities	1.08B	1.10B	848.30M	968.81M	900.44M	867.41M
Stockholders Equity	2.31B	2.39B	2.43B	2.45B	2.12B	3.98B
Cash Flow
Free Cash Flow	-156.90M	211.20M	43.56M	305.34M	-120.02M	389.48M
Operating Cash Flow	-113.00M	261.60M	76.04M	385.27M	-94.14M	394.57M
Investing Cash Flow	506.70M	-90.80M	120.32M	-367.33M	1.90B	-825.75M
Financing Cash Flow	-122.10M	-170.90M	-195.03M	-26.03M	-1.98B	-11.04M

Vardhman Acrylics Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 38.32
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VARDHACRLC, the sentiment is Neutral. The current price of 38.32 is above the 20-day moving average (MA) of 32.15, above the 50-day MA of 34.87, and below the 200-day MA of 40.38, indicating a neutral trend. The MACD of -0.70 indicates Negative momentum. The RSI at 56.72 is Neutral, neither overbought nor oversold. The STOCH value of 90.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:VARDHACRLC.

Vardhman Acrylics Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PASUPTAC	62 Neutral	₹4.23B	4.61	―	―	36.99%	10.60%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
VARDHACRLC	60 Neutral	₹2.78B	10.89	―	4.02%	―	―
LORDSCHLO	54 Neutral	₹3.57B	23.33	―	―	39.31%	―
KANORICHEM	45 Neutral	₹3.10B	23.83	―	―	-1.30%	-27.85%
DIAMINESQ	43 Neutral	₹2.34B	-19.09	―	0.38%	―	―

Vardhman Acrylics Ltd. Corporate Events