Vardhman Acrylics logo

VARDHACRLC - Vardhman Acrylics Share Price

₹30.25 -1.1  -3.5%

Last Trade - 03/07/20

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £26.1m
Enterprise Value £2.18m
Revenue £35.9m
Position in Universe 1126th / 2988
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +0.69%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -28.7%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
4,981 4,476 3,684 3,270 3,920 3,344 -7.7%
-23.3 +22.2 +1.3 +7.8 -10.6 +34.2
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 March 2020, Vardhman Acrylics Limited revenues decreased 15% to RS3.34B. Net income increased 34% to RS462.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Other Operating Income increase of 8% to RS266.1M (income), Other Expenses decrease of 4% to RS268.2M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
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Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Vardhman Acrylics Limited is engaged in manufacturing man-made fibers. The Company operates through Acrylic Fibre & Tow segment. The Company's products include non-shrinkable; high shrinkage; medium shrinkage; very high shrinkable; tow 123, 131, 139 K-Tex; staple for open end; soft hand and water absorbent. The Company's products are marketed under the brand name of VARLAN. The Company's products are used for apparel use, including children clothes, sweater, muffler, t-shirts, scarf, socks, tie, underwear, shirting, track-suits, shalwar kamiz and jersey. The Company's products also are used for household use, including carpets, woven blanket (circular knit), blanket (tufting), rug-bed sheet, bunting, bath mat, towel and draperies. The Company has 18,000 tons per annum (TPA) acrylic staple fiber and tow production plant at Jhagadia District, Bharuch in the state of Gujarat, India.

Directors
Last Annual March 31st, 2020
Last Interim March 31st, 2020
Incorporated December 24, 1990
Public Since October 4, 2003
No. of Shareholders: n/a
No. of Employees: 294
Sector Consumer Cyclicals
Industry Textiles & Apparel
Index
Exchange National Stock Exchange of India
Shares in Issue 80,360,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
VARDHACRLC Share Price Performance
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Latest News for VARDHACRLC
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Frequently Asked Questions for Vardhman Acrylics
What is the Vardhman Acrylics share price?

As of 03/07/20, shares in Vardhman Acrylics are trading at ₹30.25, giving the company a market capitalisation of £26.1m. This share price information is delayed by 15 minutes.

How has the Vardhman Acrylics share price performed this year?

Shares in Vardhman Acrylics are currently trading at ₹30.25 and the price has moved by -27.11% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Vardhman Acrylics price has moved by -17.4% over the past year.

What are the analyst and broker recommendations for Vardhman Acrylics?

There are no analysts currently covering Vardhman Acrylics.

When will Vardhman Acrylics next release its financial results?

Vardhman Acrylics is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Vardhman Acrylics dividend yield?

Vardhman Acrylics does not currently pay a dividend.

Does Vardhman Acrylics pay a dividend?

Vardhman Acrylics does not currently pay a dividend.

When does Vardhman Acrylics next pay dividends?

Vardhman Acrylics does not currently pay a dividend.

How do I buy Vardhman Acrylics shares?

To buy shares in Vardhman Acrylics you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Vardhman Acrylics?

Shares in Vardhman Acrylics are currently trading at ₹30.25, giving the company a market capitalisation of £26.1m.

Where are Vardhman Acrylics shares listed? Where are Vardhman Acrylics shares listed?

Here are the trading details for Vardhman Acrylics:

Country of listing: India
Exchange: NSI
Ticker Symbol: VARDHACRLC
What kind of share is Vardhman Acrylics?

Based on an overall assessment of its quality, value and momentum, Vardhman Acrylics is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Vardhman Acrylics share price forecast 2020?

We were not able to load any forecast data for Vardhman Acrylics.

How can I tell whether the Vardhman Acrylics share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Vardhman Acrylics. Over the past six months, the relative strength of its shares against the market has been -1.82%. At the current price of ₹30.25, shares in Vardhman Acrylics are trading at -6.41% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Vardhman Acrylics PE Ratio?

The Vardhman Acrylics PE ratio based on its reported earnings over the past 12 months is 5.25. The shares are currently trading at ₹30.25.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Vardhman Acrylics?

Vardhman Acrylics's management team is headed by:

Shri Oswal - NEC
Sachit Jain - NED
Arvind Bakhshi - NID
Darshan Sharma - NED
Surinder Bansal - NID
Bal Choudhary - MDR
Ruchita Kumar- Vij - SEC
B. Uppal - CEO
Who are the major shareholders of Vardhman Acrylics?

Here are the top five shareholders of Vardhman Acrylics based on the size of their shareholding:

BNY Mellon Investment Management Japan Limited Investment Advisor
Percentage owned: 0.08% (60.6k shares)
BNY Mellon Asia Rising Stars Fund Mutual Fund
Percentage owned: 0.08% (60.6k shares)
Maybank Asset Management Singapore Pte. Ltd. Investment Advisor/Hedge Fund
Percentage owned: 0.08% (60.6k shares)
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