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Vardhman Acrylics VARDHACRLC.NS · INR

Consumer Discretionary · NSE · 🇮🇳 India

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41.00

+1.38%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹3.19bn

FY2017FY2026

Net income

₹272.5m

FY2017FY2026

Free cash flow

₹19.1m

FY2017FY2026

Shareholders' equity

₹2.54bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹3.19bn₹2.82bn₹2.97bn₹4.26bn₹3.03bn₹2.80bn₹3.34bn₹3.92bn₹3.19bn₹3.37bn
Research and development——₹400,000———————
Operating income₹290.1m₹7.0m₹88.1m₹433.9m₹48.8m₹576.4m₹218.9m₹241.9m₹272.1m₹352.3m
Net income₹272.5m₹118.3m₹175.4m₹328.6m₹145.6m₹429.2m₹462.6m₹344.9m₹385.7m₹411.1m
Diluted earnings per share3.391.472.164.111.825.335.744.274.615.10

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹3.43bn₹3.49bn₹3.28bn₹3.42bn₹3.02bn₹4.85bn₹4.53bn₹4.53bn₹4.13bn₹4.23bn
Cash and short-term investments₹1.86bn₹1.25bn₹821.7m₹910.0m₹818.5m₹2.80bn₹2.21bn₹2.27bn₹1.46bn₹2.47bn
Total liabilities₹886.4m₹1.10bn₹848.3m₹968.8m₹900.4m₹867.4m₹978.8m₹1.20bn₹936.2m₹1.28bn
Debt₹8,000₹1.8m₹11.4m₹3.4m₹27.8m₹3.6m₹14.2m₹7.5m₹13.3m₹8.8m
Shareholders' equity₹2.54bn₹2.39bn₹2.43bn₹2.45bn₹2.12bn₹3.98bn₹3.55bn₹3.34bn₹3.19bn₹2.95bn
Shares outstanding80m80m81m80m80m81m81m81m84m81m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹74.0m₹261.6m₹76.0m₹385.3m−₹94.1m₹394.6m₹41.7m₹255.1m₹30.9m₹421.6m
Capital spending−₹54.9m−₹50.4m−₹32.5m−₹79.9m−₹25.9m−₹5.1m−₹58.6m−₹23.2m−₹16.9m−₹12.8m
Free cash flow₹19.1m₹211.2m₹43.6m₹305.4m−₹120.0m₹389.5m−₹16.9m₹231.9m₹14.0m₹408.8m
Dividends paid−₹121.1m−₹161.1m−₹202.2m−₹1.4m−₹2.00bn−₹2.00bn−₹200.9m−₹160.7m−₹120.5m−₹3.2m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹782.5m₹835.0m₹762.8m₹894.0m₹693.9m₹721.2m₹817.8m₹706.2m
Operating income₹169.9m₹93.5m₹97.1m−₹5.6m₹23.4m₹25.1m₹900,000₹34.9m
Net income₹162.2m₹155.9m₹74.1m₹25.0m₹17.5m₹19.7m₹39.7m₹15.6m
Diluted earnings per share2.021.940.920.310.220.250.490.19
Cash from operations———−₹113.0m—₹261.0m—−₹6.0m
Capital spending———−₹43.0m—−₹50.0m—−₹42.0m
Free cash flow———−₹156.0m—₹211.0m—−₹48.0m
Total assets—₹3.43bn—₹3.39bn—₹3.49bn—₹3.08bn
Cash and short-term investments₹1.86bn₹1.86bn₹1.63bn₹1.63bn₹1.25bn₹1.25bn₹639.1m₹640.8m
Debt—————₹1.8m——
Shareholders' equity₹2.54bn₹2.54bn₹2.31bn₹2.31bn₹2.39bn₹2.39bn₹2.33bn₹2.33bn

Financial ratios

Data as of 24 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Operating margin9.1%5.8%7.3%10.2%5.9%20.6%
Net margin8.6%4.2%5.9%7.7%4.8%15.3%
Return on equity10.7%5.0%7.2%13.4%6.9%10.8%
Return on assets8.0%3.4%5.3%9.6%4.8%8.8%
Free cash flow yield4.1%9.9%3.4%14.8%-2.2%12.6%
Revenue growth13.1%-5.1%-30.3%40.6%8.3%-16.3%
Earnings growth130.3%-32.5%-46.6%125.7%-66.1%-7.2%
Current ratio3.50x2.25x2.33x2.23x2.31x4.91x
Debt to equity0.00x0.00x0.00x0.00x0.01x0.00x
Equity ratio74.1%68.5%74.1%71.7%70.2%82.1%
Interest coverage193.40x65.24x75.47x147.49x45.66x108.71x
R&D as a share of sales——0.0%———
Buybacks as a share of market value0.0%0.8%-1.3%0.2%0.5%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-9.2%2.6%-2.5%
Operating income-12.6%-12.8%-3.2%
Net income-6.0%-8.7%-3.9%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin5.0%6.2%7.6%7.9%
Net margin6.5%6.8%7.7%9.4%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings12.027.324.914.430.39.96.38.19.711.1
Price to sales1.01.11.51.11.51.50.90.71.21.4

Dividends and splits

Per share, in the currency the company pays

Paid for 3 years. Last went ex-dividend on 12 Sept 2025.

FY2026FY2025FY2024FY2022FY2020FY2019FY2018FY2016
Paid in the year1.502.002.500.252.502.001.506.00

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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