VARDHACRLC Stock Overview
Vardhman Acrylics Limited manufactures and supplies acrylic fibers and tows in India.
Vardhman Acrylics Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹49.70|
|52 Week High||₹84.20|
|52 Week Low||₹43.35|
|1 Month Change||-4.70%|
|3 Month Change||0.20%|
|1 Year Change||6.20%|
|3 Year Change||20.19%|
|5 Year Change||3.54%|
|Change since IPO||347.75%|
Recent News & Updates
The Returns At Vardhman Acrylics (NSE:VARDHACRLC) Aren't Growing
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
|VARDHACRLC||IN Luxury||IN Market|
Return vs Industry: VARDHACRLC underperformed the Indian Luxury industry which returned 14.2% over the past year.
Return vs Market: VARDHACRLC exceeded the Indian Market which returned -0.9% over the past year.
|VARDHACRLC Average Weekly Movement||8.9%|
|Luxury Industry Average Movement||7.8%|
|Market Average Movement||6.9%|
|10% most volatile stocks in IN Market||9.9%|
|10% least volatile stocks in IN Market||4.5%|
Stable Share Price: VARDHACRLC is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: VARDHACRLC's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
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 Fundamentals Summary
|VARDHACRLC fundamental statistics|
Is VARDHACRLC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VARDHACRLC income statement (TTM)|
|Cost of Revenue||₹2.31b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.81|
|Net Profit Margin||4.80%|
How did VARDHACRLC perform over the long term?See historical performance and comparison
50.3%Current Dividend Yield
Is VARDHACRLC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for VARDHACRLC?
Other financial metrics that can be useful for relative valuation.
|What is VARDHACRLC's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does VARDHACRLC's PE Ratio compare to its peers?
|VARDHACRLC PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: VARDHACRLC is expensive based on its Price-To-Earnings Ratio (27.4x) compared to the peer average (10.5x).
Price to Earnings Ratio vs Industry
How does VARDHACRLC's PE Ratio compare vs other companies in the Indian Luxury Industry?
Price-To-Earnings vs Industry: VARDHACRLC is expensive based on its Price-To-Earnings Ratio (27.4x) compared to the Indian Luxury industry average (12.2x)
Price to Earnings Ratio vs Fair Ratio
What is VARDHACRLC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||27.4x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate VARDHACRLC's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of VARDHACRLC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: VARDHACRLC (₹49.7) is trading below our estimate of fair value (₹305.85)
Significantly Below Fair Value: VARDHACRLC is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VARDHACRLC's PEG Ratio to determine if it is good value.
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How is Vardhman Acrylics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Vardhman Acrylics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine Vardhman Acrylics's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Vardhman Acrylics competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Vardhman Acrylics performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VARDHACRLC has a high level of non-cash earnings.
Growing Profit Margin: VARDHACRLC's current net profit margins (4.8%) are lower than last year (15.3%).
Past Earnings Growth Analysis
Earnings Trend: VARDHACRLC's earnings have declined by 0.4% per year over the past 5 years.
Accelerating Growth: VARDHACRLC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VARDHACRLC had negative earnings growth (-66.1%) over the past year, making it difficult to compare to the Luxury industry average (83.8%).
Return on Equity
High ROE: VARDHACRLC's Return on Equity (6.9%) is considered low.
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How is Vardhman Acrylics's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: VARDHACRLC's short term assets (₹1.9B) exceed its short term liabilities (₹819.0M).
Long Term Liabilities: VARDHACRLC's short term assets (₹1.9B) exceed its long term liabilities (₹81.5M).
Debt to Equity History and Analysis
Debt Level: VARDHACRLC has more cash than its total debt.
Reducing Debt: VARDHACRLC's debt to equity ratio has increased from 0.3% to 1.3% over the past 5 years.
Debt Coverage: VARDHACRLC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VARDHACRLC's interest payments on its debt are well covered by EBIT (8.7x coverage).
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What is Vardhman Acrylics's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VARDHACRLC's dividend (50.3%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).
High Dividend: VARDHACRLC's dividend (50.3%) is in the top 25% of dividend payers in the Indian market (1.89%)
Stability and Growth of Payments
Stable Dividend: VARDHACRLC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: VARDHACRLC's dividend payments have increased, but the company has only paid a dividend for 7 years.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: VARDHACRLC is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Bal Choudhary (70 yo)
Mr. Bal Krishan Choudhary, B.Sc., M.Com., M.B.A., serves as Director of Operations at Vardhman Textiles Limited. Mr. Choudhary has been the Managing Director at Vardhman Acrylics Ltd. since May 12, 2008 an...
CEO Compensation Analysis
Compensation vs Market: Bal's total compensation ($USD164.60K) is above average for companies of similar size in the Indian market ($USD38.38K).
Compensation vs Earnings: Bal's compensation has been consistent with company performance over the past year.
Experienced Board: VARDHACRLC's board of directors are seasoned and experienced ( 18.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Vardhman Acrylics Limited's employee growth, exchange listings and data sources
- Name: Vardhman Acrylics Limited
- Ticker: VARDHACRLC
- Exchange: NSEI
- Founded: 1990
- Industry: Textiles
- Sector: Consumer Durables
- Implied Market Cap: ₹3.994b
- Shares outstanding: 80.36m
- Website: https://www.vardhmanacrylics.com
Number of Employees
- Vardhman Acrylics Limited
- Vardhman Premises
- Chandigarh Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 00:00|
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.