Vardhman Acrylics Share PriceVardhman Acrylics

₹53.65
0.8 (1.51%)
As on 01 October, 2023 | 11:23 BSE: NSE: VARDHACRLCISIN: INE116G01013

Vardhman Acrylics Performance

Day Range

  • Low 52.7
  • High 54.95
53.65

52 Week Range

  • Low 43
  • High 62
53.65
  • Open Price53.15
  • Previous Close52.85
  • Volume72280

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Vardhman Acrylics Share Price

  • Over 1 Month -3.94%
  • Over 3 Month -1.01%
  • Over 6 Month 20.7%
  • Over 1 Year 3.47%

Vardhman Acrylics Key Statistics

P/E Ratio 19.9
PEG Ratio 1.2
Market Cap Cr 431
Price to Book Ratio 1.8
EPS 4.1
Dividend 4.7
Relative Strength Index 46.13
Money Flow Index 44.94
MACD Signal -0.02
Average True Range 1.76

Vardhman Acrylics Investment Rating

  • Master Rating:
  • Vardhman Acrylics has an operating revenue of Rs. 388.17 Cr. on a trailing 12-month basis. An annual revenue growth of 38% is outstanding, Pre-tax margin of 10% is healthy, ROE of 13% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its key moving averages, around -0% and 3% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -8% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 39 which is a POOR score indicating inconsistency in earnings, a RS Rating of 30 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 95 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Vardhman Acrylics Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 8181108119119100
Operating Expenses Qtr Cr 827797111105108
Operating Profit Qtr Cr -2311814-8
Depreciation Qtr Cr 111111
Interest Qtr Cr 000000
Tax Qtr Cr 01324-2
Net Profit Qtr Cr 0410712-6
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 439318
Operating Expenses Annual Cr 391294
Operating Profit Annual in Cr 369
Depreciation Cr 55
Interest Annual Cr 00
Tax Annual Cr 103
Net Profit Annual Cr 3315
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -9
Cash from Investing Activity Annual Cr 190
Cash from Financing Annual Activity Cr -198
Net Cash Flow Annual Cr -17
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 245212
Fixed Assets Annual Cr 5856
Total Non Current Assets Annual Cr 143113
Total Current Assets Annual Cr 199189
Total Assets Annual Cr 342302
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3126
ROE Annual % 137
ROCE Annual % 178
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 118
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Vardhman Acrylics Technicals

EMA & SMA

Current Price
₹53.65
0.8 (1.51%)
  • Bullish Moving Average
  • ___
  • 7
  • Bearish Moving Average
  • ___
  • 9
  • 20 Day
  • ₹54.18
  • 50 Day
  • ₹54.02
  • 100 Day
  • ₹53.29
  • 200 Day
  • ₹52.69
  • 20 Day
  • ₹55
  • 50 Day
  • ₹54.02
  • 100 Day
  • ₹53.14
  • 200 Day
  • ₹51.9

Vardhman Acrylics Resistance and Support

PIVOT
₹53.77
Resistance
First Resistance ₹54.84
Second Resistance ₹56.02
Third Resistance ₹57.09
RSI 46.13
MFI 44.94
MACD Single Line -0.02
MACD -0.34
Support
First Resistance ₹52.59
Second Resistance ₹51.52
Third Resistance ₹50.34

Vardhman Acrylics Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 72,280 2,544,979 35.21
Week 44,436 2,596,816 58.44
1 Month 90,073 5,345,824 59.35
6 Month 84,192 4,897,452 58.17

Vardhman Acrylics Result Highlights

Vardhman Acrylics Synopsis

NSE-Apparel-Clothing Mfg

Vardhman Acrylics Lt is involved in the business activities of Spinning, weaving and finishing of textiles. Company’s Total Operating Revenue is Rs. 426.66 Cr. and Equity Capital is Rs. 80.36 Cr. for the Year ended 31/03/2023. Vardhman Acrylics Ltd. is a Public Limited Listed company incorporated on 24/12/1990 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L51491PB1990PLC019212 and registration number is 019212.
Market Cap 431
Sales 388
Shares in Float 2.01
No of funds 2
Yield 4.66
Book Value 1.76
U/D Vol ratio 1.5
LTDebt / Equity
Alpha -0.01
Beta 0.78

Vardhman Acrylics

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 74.97%74.97%74.97%74.97%
Mutual Funds
Insurance Companies
Foreign Portfolio Investors 0.13%0.14%0.38%
Financial Institutions/ Banks
Individual Investors 20.93%20.94%20.84%20.67%
Others 3.97%4.09%4.05%3.98%

Vardhman Acrylics Management

Name Designation
Mr. Shri Paul Oswal Chairman
Mr. Bal Krishan Choudhary Managing Director
Mr. Sachit Jain Director
Mrs. Suchita Jain Director
Mr. Munish Chandra Gupta Independent Director
Mr. Sanjit Paul Singh Independent Director
Mr. Surinder Kumar Bansal Independent Director
Mrs. Apinder Sodhi Independent Director
Mr. Anil Kumar Independent Director
Ms. Parakh Oswal Independent Director
Mr. Bhooshan Lal Uppal Independent Director

Vardhman Acrylics Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Vardhman Acrylics Corporate Action

Date Purpose Remarks
2023-04-28 Audited Results
2023-01-16 Quarterly Results
2022-10-26 Quarterly Results
2022-07-19 Quarterly Results
2022-05-16 Audited Results
Date Purpose Remarks
2021-10-30 INTERIM Rs.0.00 Interim Dividend of Rs. 25 per equity share.
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Vardhman Acrylics FAQs

What is Share Price of Vardhman Acrylics ?

Vardhman Acrylics share price is ₹53 As on 01 October, 2023 | 11:09

What is the Market Cap of Vardhman Acrylics ?

The Market Cap of Vardhman Acrylics is ₹431.2 Cr As on 01 October, 2023 | 11:09

What is the P/E ratio of Vardhman Acrylics ?

The P/E ratio of Vardhman Acrylics is 19.9 As on 01 October, 2023 | 11:09

What is the PB ratio of Vardhman Acrylics ?

The PB ratio of Vardhman Acrylics is 1.8 As on 01 October, 2023 | 11:09

Q2FY23