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Indian Acrylics

BSE:514165
Snowflake Description

Imperfect balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
514165
BSE
₹1B
Market Cap
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Last updated 2019/02/23 12:32
Company description

Indian Acrylics Limited manufactures and sells acrylic fiber and yarn products in India. The last earnings update was 175 days ago. More info.

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  • Indian Acrylics has significant price volatility in the past 3 months.
514165 Share Price and Events
7 Day Returns
2.9%
BSE:514165
0.3%
IN Luxury
1%
IN Market
1 Year Returns
-53%
BSE:514165
-8.7%
IN Luxury
-8.2%
IN Market
514165 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Indian Acrylics (514165) 2.9% -14.1% -23.1% -53% -23% 144.4%
IN Luxury 0.3% -0.2% -2.3% -8.7% 55.9% 186.4%
IN Market 1% -2.2% -1.2% -8.2% 46.7% 78.8%
1 Year Return vs Industry and Market
  • 514165 underperformed the Luxury industry which returned -8.7% over the past year.
  • 514165 underperformed the Market in India which returned -8.2% over the past year.
Price Volatility
514165
Industry
5yr Volatility vs Market

Value

 Is Indian Acrylics undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Indian Acrylics. This is due to cash flow or dividend data being unavailable. The share price is ₹7.82.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Indian Acrylics's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Indian Acrylics's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:514165 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹0.66
BSE:514165 Share Price ** BSE (2019-02-22) in INR ₹7.82
India Luxury Industry PE Ratio Median Figure of 236 Publicly-Listed Luxury Companies 11.69x
India Market PE Ratio Median Figure of 2,709 Publicly-Listed Companies 15.49x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Indian Acrylics.

BSE:514165 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:514165 Share Price ÷ EPS (both in INR)

= 7.82 ÷ 0.66

 11.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Indian Acrylics is overvalued based on earnings compared to the IN Luxury industry average.
  • Indian Acrylics is good value based on earnings compared to the India market.
Price based on expected Growth
Does Indian Acrylics's expected growth come at a high price?
Raw Data
BSE:514165 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts		 6.5%per year
India Luxury Industry PEG Ratio Median Figure of 27 Publicly-Listed Luxury Companies 0.99x
India Market PEG Ratio Median Figure of 607 Publicly-Listed Companies 1.15x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Indian Acrylics, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Indian Acrylics's assets?
Raw Data
BSE:514165 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹8.89
BSE:514165 Share Price * BSE (2019-02-22) in INR ₹7.82
India Luxury Industry PB Ratio Median Figure of 306 Publicly-Listed Luxury Companies 0.71x
India Market PB Ratio Median Figure of 3,588 Publicly-Listed Companies 1.05x
BSE:514165 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:514165 Share Price ÷ Book Value per Share (both in INR)

= 7.82 ÷ 8.89

 0.88x

* Primary Listing of Indian Acrylics.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Indian Acrylics is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Indian Acrylics's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
    5. Indian Acrylics has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Indian Acrylics expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Indian Acrylics, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Indian Acrylics expected to grow at an attractive rate?
  • Indian Acrylics's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Indian Acrylics's earnings growth is positive but not above the India market average.
  • Unable to compare Indian Acrylics's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:514165 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:514165 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 6.5%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.6%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:514165 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:514165 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 5,238 44 89
2017-12-31 5,235 149
2017-09-30 4,862 109
2017-06-30 4,581 91
2017-03-31 4,765 150 233
2016-12-31 4,595 254
2016-09-30 5,407 294
2016-06-30 5,237 263
2016-03-31 5,410 457 206
2015-12-31 5,473 8
2015-09-30 5,340 -105
2015-06-30 5,442 -137

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Indian Acrylics's earnings are expected to grow by 6.5% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Indian Acrylics is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:514165 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Indian Acrylics Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:514165 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 0.66
2017-12-31 1.30
2017-09-30 0.80
2017-06-30 0.66
2017-03-31 1.73
2016-12-31 1.89
2016-09-30 2.18
2016-06-30 1.94
2016-03-31 1.52
2015-12-31 0.06
2015-09-30 -0.77
2015-06-30 -1.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Indian Acrylics will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Indian Acrylics's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Indian Acrylics has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Indian Acrylics performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Indian Acrylics's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Indian Acrylics has delivered over 20% year on year earnings growth in the past 5 years.
  • Indian Acrylics's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Indian Acrylics's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.
Earnings and Revenue History
Indian Acrylics's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Indian Acrylics Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:514165 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 5,238.11 88.76 458.99
2017-12-31 5,234.68 149.05 432.76
2017-09-30 4,862.06 108.62 452.52
2017-06-30 4,580.80 90.50 428.60
2017-03-31 4,764.84 233.48 398.11
2016-12-31 4,595.38 254.25 357.97
2016-09-30 5,406.58 293.95 319.57
2016-06-30 5,236.58 263.35 279.17
2016-03-31 5,409.78 206.15 270.07
2015-12-31 5,472.63 8.48 420.69
2015-09-30 5,340.43 -104.62 409.79
2015-06-30 5,441.60 -136.60 223.30
2015-03-31 5,489.93 -149.82 226.96
2014-12-31 5,569.83 6.80 358.33
2014-09-30 5,909.63 98.00 347.33
2014-06-30 6,247.00 100.20 175.20
2014-03-31 6,291.46 113.20 338.13
2013-12-31 5,957.03 121.19 269.67
2013-09-30 5,184.63 65.29 262.77
2013-06-30 4,762.83 60.99 287.37
2013-03-31 3,881.00 41.69 248.07
2012-12-31 4,310.04 35.14 272.51
2012-06-30 4,861.84 8.24 222.61
2012-03-31 5,022.51 3.24 250.21

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Indian Acrylics has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Indian Acrylics used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Indian Acrylics has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Indian Acrylics's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Indian Acrylics has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Indian Acrylics's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Indian Acrylics's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Indian Acrylics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Indian Acrylics's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Indian Acrylics's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Indian Acrylics Company Filings, last reported 10 months ago.

BSE:514165 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 1,202.61 2,041.62 101.59
2017-12-31 1,119.20 1,437.40 190.60
2017-09-30 1,119.20 1,437.40 190.60
2017-06-30 975.60 1,346.70 259.70
2017-03-31 979.86 1,468.34 260.44
2016-12-31 921.47 1,066.36 68.92
2016-09-30 921.47 1,066.36 68.92
2016-06-30 755.83 894.03 223.49
2016-03-31 755.83 894.03 223.49
2015-12-31 627.46 173.28 81.18
2015-09-30 627.46 173.28 81.18
2015-06-30 549.68 450.73 120.86
2015-03-31 549.68 450.73 120.86
2014-12-31 730.09 712.06 32.77
2014-09-30 730.09 712.06 32.77
2014-06-30
2014-03-31 743.69 115.63 214.09
2013-12-31 678.27 420.97 234.79
2013-09-30 678.27 420.97 234.79
2013-06-30
2013-03-31 630.49 581.07 70.40
2012-12-31
2012-06-30 588.80 482.75 78.45
2012-03-31 588.80 482.75 78.45
  • Indian Acrylics's level of debt (169.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (92% vs 169.8% today).
  • Debt is not well covered by operating cash flow (2.2%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.5x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Indian Acrylics's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. Indian Acrylics has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Indian Acrylics's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Indian Acrylics dividends.
If you bought ₹2,000 of Indian Acrylics shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Indian Acrylics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Indian Acrylics's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:514165 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 109 Stocks 0.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1397 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Indian Acrylics has not reported any payouts.
  • Unable to verify if Indian Acrylics's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Indian Acrylics's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Indian Acrylics has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Indian Acrylics's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Indian Acrylics afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Indian Acrylics has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Indian Acrylics's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Dheeraj Garg
COMPENSATION ₹0
AGE 46
CEO Bio

Shri. Dheeraj Garg has been the Managing Director of Steel Strips Wheels Limited since June 26, 1993 and has been its Executive Director since April 29, 1993. Shri. Garg serves as Managing Director of Steel Strips Wheels Ltd. Shri. Garg serves as Additional Managing Director of Indian Acrylics Ltd. Shri. Garg has been a Whole-Time Director of Indian Acrylics Ltd. since November 29, 1997. Shri. Garg has been associated with Steel Strips Wheels Limited for more than 21 years. His leadership and the valuable guidance, has contributed immensely to the growth of the Steel Strips Wheels which is evident from the financial results there of. Over the years, he has been able to build a highly motivated and effective management team, which hasfully alignedand focused priorities. He has B.Sc. (Finance) from U.S.A.

CEO Compensation
  • Insufficient data for Dheeraj to compare compensation growth.
  • Dheeraj's remuneration is lower than average for companies of similar size in India.
Management Team

Dheeraj Garg

TITLE
Additional MD & Whole-Time Director
AGE
46

Rajinder Garg

TITLE
MD & Director
COMPENSATION
₹11M
AGE
75
TENURE
14.9 yrs

Surinder Kansal

TITLE
Chief Financial Officer
COMPENSATION
₹4M
AGE
52
TENURE
1.5 yrs

Bhavnesh Gupta

TITLE
Compliance Officer
COMPENSATION
₹2M
AGE
60

Alok Goyal

TITLE
Executive Director of Works & Director
COMPENSATION
₹3M
AGE
52

Satish Sigroha

TITLE
Senior General Manager of Technical
AGE
49

Rajjan Yadav

TITLE
Chief General Manager of Commercial
AGE
50
Board of Directors Tenure

Average tenure and age of the Indian Acrylics board of directors in years:

1.7
Average Tenure
77.5
Average Age
  • The average tenure for the Indian Acrylics board of directors is less than 3 years, this suggests a new board.
Board of Directors

Indu Malhotra

TITLE
Chairperson on the Board
COMPENSATION
₹20K
TENURE
1.5 yrs

Dheeraj Garg

TITLE
Additional MD & Whole-Time Director
AGE
46
TENURE
21.3 yrs

Rajinder Garg

TITLE
MD & Director
COMPENSATION
₹11M
AGE
75

Alok Goyal

TITLE
Executive Director of Works & Director
COMPENSATION
₹3M
AGE
52
TENURE
1.1 yrs

Madan Chopra

TITLE
Non-Executive Independent Director
COMPENSATION
₹120K
AGE
85
TENURE
19.8 yrs

Ajith Chatha

TITLE
Non-Executive Independent Director
COMPENSATION
₹70K
AGE
82
TENURE
8.8 yrs

Suresh Singla

TITLE
Non-Executive Director
COMPENSATION
₹80K
AGE
56
TENURE
3.8 yrs

Sanjeev Bajaj

TITLE
Nominee Director
COMPENSATION
₹40K
TENURE
1.7 yrs

Raja Shivdev Singh

TITLE
Non-Executive Independent Director
COMPENSATION
₹60K
AGE
80
TENURE
1.6 yrs

Sukhbir Saminder Grewal

TITLE
Non-Executive Independent Director
AGE
85
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
06. Jun 18 Buy Dheeraj Garg Individual 04. Jun 18 05. Jun 18 1,915,000 ₹18.66 ₹35,598,022
X
Management checks
We assess Indian Acrylics's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. Indian Acrylics has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Map
Description

Indian Acrylics Limited manufactures and sells acrylic fiber and yarn products in India. The company’s products comprise acrylic fiber, tows, and tops. Its products are used in textile industry to manufacture winter wear comprising sweaters, shawls, etc., as well as work clothing, indoor and outdoor furnishing fabrics, blankets, carpets, toys, etc. The company also exports its products to Asia, Europe, and the Middle East. Indian Acrylics Limited was incorporated in 1986 and is headquartered in Chandigarh, India.

Details
Name: Indian Acrylics Limited
514165
Exchange: BSE
Founded: 1986
₹1,058,219,306
135,322,162
Website: http://www.indianacrylics.com
Address: Indian Acrylics Limited
SCO 49-50, Sector 26,
Madhya Marg,
Chandigarh,
Chandigarh, 160019,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 514165 Equity Shares Mumbai Stock Exchange IN INR 20. Oct 2004
Number of employees
Current staff
Staff numbers
0
Indian Acrylics employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/23 12:32
End of day share price update: 2019/02/22 00:00
Last earnings filing: 2018/09/01
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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