Indian Acrylics Ltd

Indian Acrylics Ltd

₹ 8.28 -0.96%
10 Jun - close price
About

Incorporated in 1996, Indian Acrylics Ltd
is a manufacturer of Acrylic Fiber, Acrylic
Tow and wide range of Acrylic yarn[1]

Key Points

Business Overview:[1][2]
Company manufactures dry spun acrylic fiber range comprising staple, tow and tops in regular and high shrink. These are used in garments (especially winter wear like sweaters, shawls, etc.), work clothing, furnishing fabrics (indoor and outdoor), toys, knitting, hosiery, weaving and for manufacturing blankets, rugs and carpets

  • Market Cap 112 Cr.
  • Current Price 8.28
  • High / Low 15.6 / 6.41
  • Stock P/E
  • Book Value 0.75
  • Dividend Yield 0.00 %
  • ROCE -5.86 %
  • ROE -122 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 11.1 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -12.2% over past five years.
  • Company has a low return on equity of -37.7% over last 3 years.
  • Promoters have pledged 26.4% of their holding.
  • Earnings include an other income of Rs.5.10 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
224.20 237.02 245.81 192.36 227.18 138.01 171.59 130.22 106.34 114.16 95.88 96.36 82.92
235.31 220.89 232.67 176.74 207.36 138.94 184.58 127.12 110.19 115.54 99.84 95.02 82.66
Operating Profit -11.11 16.13 13.14 15.62 19.82 -0.93 -12.99 3.10 -3.85 -1.38 -3.96 1.34 0.26
OPM % -4.96% 6.81% 5.35% 8.12% 8.72% -0.67% -7.57% 2.38% -3.62% -1.21% -4.13% 1.39% 0.31%
1.15 2.02 1.79 1.12 2.20 3.89 1.21 1.60 1.71 2.80 0.72 1.21 0.36
Interest 7.65 11.36 10.72 9.76 5.02 8.48 9.14 8.43 6.45 6.50 4.57 4.33 3.15
Depreciation 6.22 5.80 5.82 5.93 -1.76 3.81 3.81 3.91 3.76 3.69 3.69 3.13 3.16
Profit before tax -23.83 0.99 -1.61 1.05 18.76 -9.33 -24.73 -7.64 -12.35 -8.77 -11.50 -4.91 -5.69
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-23.83 0.99 -1.61 1.06 18.76 -9.33 -24.74 -7.64 -12.34 -8.77 -11.49 -4.91 -5.69
EPS in Rs -1.76 0.07 -0.12 0.08 1.39 -0.69 -1.83 -0.56 -0.91 -0.65 -0.85 -0.36 -0.42
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
627 547 544 476 523 731 744 526 618 902 546 389
586 544 496 429 486 701 677 467 641 838 561 393
Operating Profit 41 2 48 47 36 30 67 59 -23 65 -15 -4
OPM % 7% 0% 9% 10% 7% 4% 9% 11% -4% 7% -3% -1%
4 7 -0 4 8 28 4 8 6 7 8 5
Interest 24 16 18 16 20 28 38 35 34 37 32 19
Depreciation 10 8 10 13 16 18 22 25 25 16 15 14
Profit before tax 11 -15 21 23 9 12 11 6 -76 19 -54 -31
Tax % 0% 0% 0% 0% 0% 6% 4% 0% 0% 0% 0% 0%
11 -15 21 23 9 12 11 6 -76 19 -54 -31
EPS in Rs 0.84 -1.11 1.52 1.73 0.65 0.86 0.79 0.46 -5.62 1.42 -3.99 -2.28
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -3%
5 Years: -12%
3 Years: -14%
TTM: -29%
Compounded Profit Growth
10 Years: -13%
5 Years: %
3 Years: 17%
TTM: 43%
Stock Price CAGR
10 Years: 6%
5 Years: 1%
3 Years: -13%
1 Year: -35%
Return on Equity
10 Years: -9%
5 Years: -31%
3 Years: -38%
Last Year: -122%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 135 135 135 135 135 135 135 135 135 135 135 135
Reserves -61 -80 -60 -37 -15 -3 7 13 -62 -43 -95 -125
12 15 40 147 204 205 214 216 216 184 187 183
193 188 211 177 172 241 263 211 310 282 171 179
Total Liabilities 279 258 327 422 496 577 618 575 600 558 398 372
81 102 96 193 228 218 288 273 254 242 226 207
CWIP 23 2 56 1 11 58 11 3 2 1 1 1
Investments 0 0 0 0 0 1 1 0 0 0 0 0
175 154 175 227 258 301 319 299 343 315 171 165
Total Assets 279 258 327 422 496 577 618 575 600 558 398 372

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
64 8 46 15 4 76 101 11 87 53 9 -10
-21 -9 -58 -57 -59 -58 -43 -5 -4 -1 0 27
-28 -8 23 46 40 -18 -54 -11 -37 -74 -36 -17
Net Cash Flow 14 -9 10 4 -16 1 4 -5 47 -22 -27 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 13 13 19 37 26 19 13 12 14 11 12 15
Inventory Days 85 83 99 157 188 140 175 276 164 127 112 158
Days Payable 121 109 138 174 153 142 166 210 201 147 127 176
Cash Conversion Cycle -23 -14 -20 20 61 18 22 79 -23 -8 -3 -4
Working Capital Days -17 -9 -7 12 47 18 16 57 -11 3 -1 4
ROCE % 37% -2% 41% 22% 10% 6% 14% 11% -13% 20% -9% -6%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
62.56% 62.57% 62.57% 62.57% 62.57% 62.57% 62.57% 62.57% 62.57% 62.57% 62.57% 62.57%
0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07%
37.37% 37.37% 37.37% 37.37% 37.38% 37.38% 37.37% 37.36% 37.36% 37.36% 37.37% 37.37%
No. of Shareholders 1,05,4941,05,1631,04,6041,04,8371,04,1301,03,5301,03,2771,04,2581,04,0971,03,7591,03,6801,03,502

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents