Reported Earnings • Jun 01
Full year 2026 earnings released: ₹1.78 loss per share (vs ₹2.28 loss in FY 2025) Full year 2026 results: ₹1.78 loss per share (improved from ₹2.28 loss in FY 2025). Revenue: ₹3.57b (down 9.1% from FY 2025). Net loss: ₹240.9m (loss narrowed 22% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Announcement • May 08
Indian Acrylics Limited to Report Q4, 2026 Results on May 29, 2026 Indian Acrylics Limited announced that they will report Q4, 2026 results on May 29, 2026 New Risk • May 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹169m free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (₹807.9m market cap, or US$8.51m). New Risk • Apr 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹169m free cash flow). Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (₹558.9m market cap, or US$5.99m). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Reported Earnings • Feb 16
Third quarter 2026 earnings released: ₹0.16 loss per share (vs ₹0.36 loss in 3Q 2025) Third quarter 2026 results: ₹0.16 loss per share (improved from ₹0.36 loss in 3Q 2025). Revenue: ₹907.9m (down 7.0% from 3Q 2025). Net loss: ₹22.0m (loss narrowed 55% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • Jan 29
Indian Acrylics Limited to Report Q3, 2026 Results on Feb 13, 2026 Indian Acrylics Limited announced that they will report Q3, 2026 results on Feb 13, 2026 New Risk • Dec 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹890.4m (US$9.89m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹169m free cash flow). Earnings have declined by 14% per year over the past 5 years. Market cap is less than US$10m (₹890.4m market cap, or US$9.89m). Reported Earnings • Nov 15
Second quarter 2026 earnings released: ₹0.42 loss per share (vs ₹0.85 loss in 2Q 2025) Second quarter 2026 results: ₹0.42 loss per share (improved from ₹0.85 loss in 2Q 2025). Revenue: ₹1.02b (up 6.0% from 2Q 2025). Net loss: ₹57.5m (loss narrowed 50% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Oct 31
Indian Acrylics Limited to Report Q2, 2026 Results on Nov 13, 2025 Indian Acrylics Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Reported Earnings • Aug 14
First quarter 2026 earnings released: ₹0.35 loss per share (vs ₹0.65 loss in 1Q 2025) First quarter 2026 results: ₹0.35 loss per share (improved from ₹0.65 loss in 1Q 2025). Revenue: ₹880.5m (down 25% from 1Q 2025). Net loss: ₹47.2m (loss narrowed 46% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 14% per year. Announcement • Aug 13
Indian Acrylics Limited, Annual General Meeting, Sep 29, 2025 Indian Acrylics Limited, Annual General Meeting, Sep 29, 2025. Location: harkishanpura, tehsil bhawanigarh, distt. sangrur (punjab) 148026., India Announcement • Aug 02
Indian Acrylics Limited to Report Q1, 2026 Results on Aug 13, 2025 Indian Acrylics Limited announced that they will report Q1, 2026 results on Aug 13, 2025 New Risk • May 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹96m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹96m free cash flow). Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹1.11b market cap, or US$13.0m). Reported Earnings • May 31
Full year 2025 earnings released: ₹2.28 loss per share (vs ₹3.99 loss in FY 2024) Full year 2025 results: ₹2.28 loss per share (improved from ₹3.99 loss in FY 2024). Revenue: ₹3.94b (down 28% from FY 2024). Net loss: ₹308.7m (loss narrowed 43% from FY 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • May 16
Indian Acrylics Limited to Report Q4, 2025 Results on May 30, 2025 Indian Acrylics Limited announced that they will report Q4, 2025 results on May 30, 2025 Buy Or Sell Opportunity • May 13
Now 21% overvalued Over the last 90 days, the stock has fallen 4.8% to ₹8.13. The fair value is estimated to be ₹6.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has grown by 3.4%. Buy Or Sell Opportunity • Apr 23
Now 21% overvalued Over the last 90 days, the stock has fallen 14% to ₹8.41. The fair value is estimated to be ₹6.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has grown by 3.4%. Reported Earnings • Feb 15
Third quarter 2025 earnings released: ₹0.36 loss per share (vs ₹0.56 loss in 3Q 2024) Third quarter 2025 results: ₹0.36 loss per share (improved from ₹0.56 loss in 3Q 2024). Revenue: ₹975.8m (down 26% from 3Q 2024). Net loss: ₹49.2m (loss narrowed 36% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Jan 29
Indian Acrylics Limited to Report Q3, 2025 Results on Feb 13, 2025 Indian Acrylics Limited announced that they will report Q3, 2025 results on Feb 13, 2025 Reported Earnings • Nov 14
Second quarter 2025 earnings released: ₹0.85 loss per share (vs ₹1.83 loss in 2Q 2024) Second quarter 2025 results: ₹0.85 loss per share (improved from ₹1.83 loss in 2Q 2024). Revenue: ₹966.1m (down 44% from 2Q 2024). Net loss: ₹114.9m (loss narrowed 54% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year. New Risk • Nov 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (₹1.59b market cap, or US$18.8m). Announcement • Nov 04
Indian Acrylics Limited to Report Q2, 2025 Results on Nov 13, 2024 Indian Acrylics Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Board Change • Oct 01
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Non-Executive Independent Woman Director Deva Reddy was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 27
Indian Acrylics Limited Appoints Surinder Singh Virdi as an Independent Director Indian Acrylics Limited at its AGM appointed Surinder Singh Virdi (DIN: 00035408) as an Independent Director of the Company. Announcement • Aug 21
Indian Acrylics Limited, Annual General Meeting, Sep 27, 2024 Indian Acrylics Limited, Annual General Meeting, Sep 27, 2024. Location: village harkishanpura, patiala, sangrur highway, distt., sangrur (punjab) - 148026, sangrur India Reported Earnings • Aug 14
First quarter 2025 earnings released: ₹0.65 loss per share (vs ₹0.69 loss in 1Q 2024) First quarter 2025 results: ₹0.65 loss per share (improved from ₹0.69 loss in 1Q 2024). Revenue: ₹1.17b (down 18% from 1Q 2024). Net loss: ₹87.7m (loss narrowed 6.0% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Jul 25
Indian Acrylics Limited to Report Q1, 2025 Results on Aug 13, 2024 Indian Acrylics Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Announcement • Apr 26
Indian Acrylics Limited to Report Q4, 2024 Results on May 06, 2024 Indian Acrylics Limited announced that they will report Q4, 2024 results on May 06, 2024 New Risk • Apr 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 34% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹1.87b market cap, or US$22.4m). Reported Earnings • Feb 16
Third quarter 2024 earnings released: ₹0.56 loss per share (vs ₹0.08 profit in 3Q 2023) Third quarter 2024 results: ₹0.56 loss per share (down from ₹0.08 profit in 3Q 2023). Revenue: ₹1.32b (down 32% from 3Q 2023). Net loss: ₹76.5m (down ₹87.0m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Feb 01
Indian Acrylics Limited to Report Q3, 2024 Results on Feb 14, 2024 Indian Acrylics Limited announced that they will report Q3, 2024 results on Feb 14, 2024 New Risk • Jan 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Earnings have declined by 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₹2.49b market cap, or US$30.0m). Reported Earnings • Nov 09
Second quarter 2024 earnings released: ₹1.83 loss per share (vs ₹0.12 loss in 2Q 2023) Second quarter 2024 results: ₹1.83 loss per share (further deteriorated from ₹0.12 loss in 2Q 2023). Revenue: ₹1.73b (down 30% from 2Q 2023). Net loss: ₹247.4m (loss widened ₹231.3m from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 28
Indian Acrylics Limited to Report Q2, 2024 Results on Nov 08, 2023 Indian Acrylics Limited announced that they will report Q2, 2024 results on Nov 08, 2023 New Risk • Oct 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Earnings have declined by 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (₹1.84b market cap, or US$22.1m). Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹14.23, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 59% over the past three years. Board Change • Oct 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Nominee Director Sanjay Ahuja was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 11
Indian Acrylics Limited, Annual General Meeting, Sep 30, 2023 Indian Acrylics Limited, Annual General Meeting, Sep 30, 2023. Location: Registered Office at Village Harkishanpura, Tehsil Bhawanigarh, Distt. Sangrur Punjab India New Risk • Jul 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Share price has been highly volatile over the past 3 months (9.5% average weekly change). Earnings have declined by 62% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (₹1.94b market cap, or US$23.6m). Announcement • Jan 19
Indian Acrylics Limited Announces Resignation of Sibin C. as Director Indian Acrylics Limited informed that the Board in its meeting held on 16 January 2023 has noted the vacation of office of Director Shri Sibin C., IAS with effect from 11 November 2022 pursuant to provisions contained in Section 167(1)(b) of the Companies Act, 2013. Reported Earnings • Jan 17
Third quarter 2023 earnings released: EPS: ₹0.08 (vs ₹0.87 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹0.08 (up from ₹0.87 loss in 3Q 2022). Revenue: ₹1.93b (up 27% from 3Q 2022). Net income: ₹10.5m (up ₹128.1m from 3Q 2022). Profit margin: 0.5% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Announcement • Jan 07
Indian Acrylics Limited to Report Q3, 2023 Results on Jan 16, 2023 Indian Acrylics Limited announced that they will report Q3, 2023 results on Jan 16, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: ₹0.12 loss per share (vs ₹1.61 loss in 2Q 2022) Second quarter 2023 results: ₹0.12 loss per share (improved from ₹1.61 loss in 2Q 2022). Revenue: ₹2.48b (up 46% from 2Q 2022). Net loss: ₹16.1m (loss narrowed 93% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 13
Second quarter 2023 earnings released: ₹0.12 loss per share (vs ₹1.61 loss in 2Q 2022) Second quarter 2023 results: ₹0.12 loss per share (improved from ₹1.61 loss in 2Q 2022). Revenue: ₹2.48b (up 46% from 2Q 2022). Net loss: ₹16.1m (loss narrowed 93% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 04
Full year 2022 earnings released Full year 2022 results: Net loss: ₹760.8m (flat on FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Announcement • Aug 25
Indian Acrylics Limited, Annual General Meeting, Sep 29, 2022 Indian Acrylics Limited, Annual General Meeting, Sep 29, 2022. Announcement • Jul 08
Indian Acrylics Limited to Report Q1, 2023 Results on Jul 19, 2022 Indian Acrylics Limited announced that they will report Q1, 2023 results on Jul 19, 2022 Reported Earnings • May 28
Full year 2022 earnings released: ₹5.62 loss per share (vs ₹0.46 profit in FY 2021) Full year 2022 results: ₹5.62 loss per share (down from ₹0.46 profit in FY 2021). Revenue: ₹6.18b (up 17% from FY 2021). Net loss: ₹760.8m (down ₹823.6m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.87 loss per share (down from ₹0.77 profit in 3Q 2021). Revenue: ₹1.53b (down 19% from 3Q 2021). Net loss: ₹117.6m (down 213% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Announcement • Feb 16
Indian Acrylics Limited Announces Board Changes Indian Acrylics Limited at its board meeting held on February 14, 2022 approved appointment of Shri Sanjay Krishna Ahuja, ALA/PSIDC as nominee director on the Board of the Company in place of Shri S.K. Singla, Ex-GM/PSIDC with effect from February 14, 2022 by PSIDC in compliance with various provisions of Companies Act, 2013 and SEBI(LODR) Regulations, 2015. Reported Earnings • Aug 18
First quarter 2022 earnings released: ₹1.38 loss per share (vs ₹1.63 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹725.6m (up 72% from 1Q 2021). Net loss: ₹186.7m (loss narrowed 15% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹17.25, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improved over the past week After last week's 21% share price gain to ₹22.92, the stock trades at a trailing P/E ratio of 49.8x. Average trailing P/E is 21x in the Luxury industry in India. Total returns to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improved over the past week After last week's 22% share price gain to ₹16.09, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 3.0% over the past three years. Reported Earnings • May 02
Full year 2021 earnings released: EPS ₹0.46 (vs ₹0.79 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹5.34b (down 28% from FY 2020). Net income: ₹62.8m (down 41% from FY 2020). Profit margin: 1.2% (down from 1.4% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Jan 08
Third quarter 2021 earnings released: EPS ₹0.77 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹1.89b (up 26% from 3Q 2020). Net income: ₹104.1m (up ₹94.3m from 3Q 2020). Profit margin: 5.5% (up from 0.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 72% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 07
New 90-day high: ₹13.69 The company is up 57% from its price of ₹8.72 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 28% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: ₹9.37 The company is up 2.0% from its price of ₹9.19 on 18 September 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 24% over the same period. Announcement • Nov 28
Indian Acrylics Limited, Annual General Meeting, Dec 29, 2020 Indian Acrylics Limited, Annual General Meeting, Dec 29, 2020. Is New 90 Day High Low • Nov 02
New 90-day low: ₹7.88 The company is down 5.0% from its price of ₹8.29 on 04 August 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 12% over the same period. Announcement • Oct 03
Indian Acrylics Limited to Report Q2, 2021 Results on Oct 09, 2020 Indian Acrylics Limited announced that they will report Q2, 2021 results on Oct 09, 2020 Reported Earnings • Sep 18
First quarter earnings released Over the last 12 months the company has reported total losses of ₹218.2m, with earnings decreasing by ₹402.1m from the prior year. Total revenue was ₹5.66b over the last 12 months, down 29% from the prior year. Announcement • Jun 19
Indian Acrylics Limited Announces Resumption of Acrylic Fibre and Acrylic Yarn Plants Indian Acrylics Limited announced that it has resumed production of both of its plants of Acrylic Fibre and Acrylic Yarn. The capacity utilization of the plant is improving in the month of June as compared to May on account of improved sales. 