Indian Acrylics Ltd
Incorporated in 1996, Indian Acrylics Ltd
is a manufacturer of Acrylic Fiber, Acrylic
Tow and wide range of Acrylic yarn[1]
- Market Cap ₹ 84.0 Cr.
- Current Price ₹ 6.21
- High / Low ₹ 9.48 / 5.36
- Stock P/E
- Book Value ₹ 0.03
- Dividend Yield 0.00 %
- ROCE -5.71 %
- ROE -120 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 191 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 -37.5% over last 3 years.
- Promoters have pledged 26.4% of their holding.
- Earnings include an other income of Rs.3.95 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.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Petrochemicals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 627 | 547 | 544 | 476 | 523 | 731 | 744 | 526 | 618 | 902 | 546 | 389 | 361 | |
| 586 | 544 | 496 | 429 | 486 | 701 | 677 | 467 | 641 | 838 | 561 | 393 | 355 | |
| Operating Profit | 41 | 2 | 48 | 47 | 36 | 30 | 67 | 59 | -23 | 65 | -15 | -3 | 5 |
| OPM % | 7% | 0% | 9% | 10% | 7% | 4% | 9% | 11% | -4% | 7% | -3% | -1% | 1% |
| 4 | 7 | -0 | 4 | 8 | 28 | 4 | 8 | 6 | 7 | 8 | 5 | 4 | |
| Interest | 24 | 16 | 18 | 16 | 20 | 28 | 38 | 35 | 34 | 37 | 32 | 19 | 16 |
| Depreciation | 10 | 8 | 10 | 13 | 16 | 18 | 22 | 25 | 25 | 16 | 15 | 14 | 12 |
| Profit before tax | 11 | -15 | 21 | 23 | 9 | 12 | 11 | 6 | -76 | 19 | -54 | -31 | -18 |
| 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 | -18 | |
| 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 | -1.35 |
| 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: | -13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | % |
| 3 Years: | 17% |
| TTM: | 51% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -10% |
| 3 Years: | -19% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | -31% |
| 3 Years: | -38% |
| Last Year: | -120% |
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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 135 | 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 | -135 |
| 12 | 15 | 40 | 147 | 204 | 205 | 214 | 216 | 216 | 184 | 187 | 183 | 194 | |
| 193 | 188 | 211 | 177 | 172 | 241 | 263 | 211 | 310 | 282 | 171 | 179 | 174 | |
| Total Liabilities | 279 | 258 | 327 | 422 | 496 | 577 | 618 | 575 | 600 | 558 | 398 | 372 | 368 |
| 81 | 102 | 96 | 193 | 228 | 218 | 288 | 273 | 254 | 242 | 226 | 207 | 200 | |
| CWIP | 23 | 2 | 56 | 1 | 11 | 58 | 11 | 3 | 2 | 1 | 1 | 1 | 1 |
| Investments | -0 | -0 | -0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| 175 | 154 | 175 | 227 | 258 | 301 | 319 | 299 | 343 | 315 | 171 | 165 | 167 | |
| Total Assets | 279 | 258 | 327 | 422 | 496 | 577 | 618 | 575 | 600 | 558 | 398 | 372 | 368 |
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 | -21 | -20 | -20 | 0 | 27 | 10 | 1 | 31 | -37 | -16 | -40 | -42 |
| ROCE % | 37% | -2% | 41% | 22% | 10% | 6% | 14% | 11% | -13% | 20% | -9% | -6% |
Documents
Announcements
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Unaudited Financial Results For The Quarter And Nine Months Ended 31.12.2025.
2d - Board approved Q3 and nine-month unaudited results to 31-12-2025: standalone/consolidated loss Rs.220.02 lakh (Q3), nine-month loss Rs.1,266.67 lakh.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 13.02.2026
2d - Approved Q3 and nine-months results to 31-12-2025; consolidated nine-month loss Rs1,266.84 lakh.
-
Board Meeting Intimation for 13/02/2026 To Take On Record Unaudited Financial Results For The Quarter And Nine Months Ended 31.12.2025.
28 Jan - Board meeting 13 Feb 2026 to record unaudited results for quarter and nine months ended 31/12/2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Jan - Certificate under Reg 74(5): physical share certificates dematerialized and cancelled for quarter ended 31 December 2025.
- Closure of Trading Window 23 Dec 2025
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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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