Indian Acrylics Ltd

Indian Acrylics Ltd

₹ 8.31 0.00%
13 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 8.31
  • High / Low 15.6 / 6.41
  • Stock P/E
  • Book Value 0.74
  • Dividend Yield 0.00 %
  • ROCE -5.87 %
  • ROE -122 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 11.2 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 -37.6% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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 95.03 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 1.33 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% 1.38% 0.31%
1.15 2.02 1.79 1.12 2.47 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 19.03 -9.33 -24.73 -7.64 -12.35 -8.77 -11.50 -4.92 -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%
-23.84 0.99 -1.61 1.05 19.03 -9.33 -24.74 -7.65 -12.34 -8.77 -11.49 -4.92 -5.69
EPS in Rs -1.76 0.07 -0.12 0.08 1.41 -0.69 -1.83 -0.57 -0.91 -0.65 -0.85 -0.36 -0.42
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
544 476 523 731 745 526 618 902 546 389
496 429 486 701 678 468 641 838 561 393
Operating Profit 48 47 36 30 67 59 -23 65 -15 -4
OPM % 9% 10% 7% 4% 9% 11% -4% 7% -3% -1%
-0 4 8 28 4 8 6 7 8 5
Interest 18 16 20 28 38 35 34 37 32 19
Depreciation 10 13 16 18 22 25 25 16 15 14
Profit before tax 21 23 9 12 11 6 -76 19 -54 -31
Tax % 0% 0% 0% 6% 4% 0% 0% 0% 0% 0%
21 23 9 11 11 6 -76 19 -54 -31
EPS in Rs 1.52 1.73 0.66 0.84 0.79 0.46 -5.62 1.44 -3.99 -2.28
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -12%
3 Years: -14%
TTM: -29%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 17%
TTM: 43%
Stock Price CAGR
10 Years: 6%
5 Years: 1%
3 Years: -12%
1 Year: -37%
Return on Equity
10 Years: %
5 Years: -31%
3 Years: -38%
Last Year: -122%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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
Reserves -60 -37 -15 -4 6 13 -63 -43 -95 -125
40 147 204 205 214 216 216 184 187 183
211 177 172 241 263 211 310 282 171 179
Total Liabilities 327 422 496 577 618 575 599 557 398 372
96 193 228 218 288 273 254 242 226 207
CWIP 56 1 11 58 11 3 2 1 1 1
Investments 0 0 0 0 0 0 0 0 0 0
175 227 258 301 319 299 343 315 171 165
Total Assets 327 422 496 577 618 575 599 557 398 372

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
46 15 4 76 101 11 87 54 9 -10
-58 -57 -60 -57 -43 -5 -4 -1 0 27
23 46 40 -18 -54 -11 -37 -74 -36 -17
Net Cash Flow 10 4 -16 1 4 -5 47 -22 -27 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 19 37 26 19 13 12 14 11 12 15
Inventory Days 99 157 188 141 175 276 164 127 112 158
Days Payable 138 174 153 142 166 210 201 147 126 176
Cash Conversion Cycle -20 20 61 18 22 79 -23 -8 -3 -4
Working Capital Days -7 12 47 18 16 57 -11 3 -1 5
ROCE % 22% 10% 5% 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.

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