Vardhman Acrylics Key Ratios
NSE: VARDHACRLC
₹43.22
As on 01-Sep-2026 15:50IST
Market cap
₹344 Cr
Revenue (TTM)
₹327 Cr
P/E Ratio
8.2
P/B Ratio
1.3
Div. Yield
3.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -6.29 | 12.77 | 11.41 | -5.52 | 2.03 |
| EBIT | 81.71 | 1,387.12 | -90.97 | 28.30 | -9.67 |
| Net Profit | 4.04 | 826.86 | 351.52 | 24.54 | -3.59 |
| EPS | 4.04 | 826.72 | 351.52 | 24.54 | -3.59 |
| Book Value | -- | -- | -1.78 | 3.97 | -7.66 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 3.32 | 5.24 | 9.80 | 0.24 | 2.56 |
| Net Margin
| 5.69 | 7.24 | 12.16 | 3.98 | 5.63 |
| Return on equity
| 8.82 | 8.52 | 17.21 | 4.91 | 7.18 |
| Return on Capital
| 11.47 | 11.10 | -- | 6.75 | 8.84 |
| Return on Assets
| 4.15 | 4.41 | 12.07 | 2.29 | 3.44 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
6.75
|
8.84
|
18.83
|
5.81
|
|
Peer Median
|
--
|
9.12
|
8.20
|
11.80
|
--
|
ROE
17.21
Higher than Peers by 10.28
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
17.21
|
4.91
|
7.18
|
14.36
|
4.77
|
|
Peer Median
|
6.94
|
7.18
|
4.25
|
10.87
|
--
|
ROA
12.07
Higher than Peers by 7.86
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
12.07
|
2.29
|
3.44
|
6.71
|
2.64
|
|
Peer Median
|
4.21
|
4.43
|
1.72
|
5.38
|
--
|
EBIT Margin
9.80
Higher than Peers by 5.50
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
9.80
|
0.24
|
2.56
|
7.17
|
1.13
|
|
Peer Median
|
4.30
|
4.18
|
3.86
|
4.37
|
--
|
Net Margin
12.16
Higher than Peers by 8.34
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
12.16
|
3.98
|
5.63
|
7.48
|
4.58
|
|
Peer Median
|
3.83
|
4.97
|
2.35
|
4.42
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
5.20
|
7.73
|
8.92
|
6.55
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
11.41
Higher than Peers by 7.99
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
11.41
|
-5.35
|
-30.28
|
40.66
|
8.26
|
|
Peer Median
|
3.42
|
8.85
|
-0.42
|
29.22
|
--
|
EBIT Growth
--
--
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
-90.97
|
-75.12
|
793.22
|
-91.90
|
|
Peer Median
|
6.60
|
18.51
|
7.91
|
-1.23
|
--
|
Net Profit Growth
351.52
Higher than Peers by 339.84
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
351.52
|
-32.59
|
-46.63
|
125.68
|
-66.07
|
|
Peer Median
|
11.68
|
22.52
|
22.29
|
4.68
|
--
|
EPS Growth
351.52
Higher than Peers by 335.08
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
351.52
|
-32.58
|
-46.63
|
125.68
|
-66.07
|
|
Peer Median
|
16.44
|
22.52
|
66.67
|
-1.28
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
-1.78
|
-0.97
|
15.56
|
-46.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
0.00
|
0.00
|
0.00
|
0.01
|
|
Peer Median
|
0.04
|
0.13
|
0.19
|
0.20
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
0.00
|
0.00
|
0.00
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
3.50
Higher than Peers by 1.50
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
3.50
|
1.44
|
1.40
|
1.42
|
1.44
|
|
Peer Median
|
2.00
|
1.77
|
1.77
|
1.52
|
--
|
Quick Ratio
2.69
Higher than Peers by 1.35
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
2.69
|
1.16
|
1.11
|
1.10
|
1.12
|
|
Peer Median
|
1.34
|
1.51
|
1.25
|
0.92
|
--
|
Interest Coverage
297.75
Higher than Peers by 290.46
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
297.75
|
65.43
|
75.47
|
150.91
|
45.66
|
|
Peer Median
|
7.29
|
8.34
|
3.06
|
5.37
|
--
|
Operating Efficiency
Debtors to sales
3.41
Lower than Peers by 11.98
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
3.41
|
3.11
|
5.46
|
3.14
|
3.48
|
|
Peer Median
|
15.38
|
14.88
|
14.79
|
15.29
|
--
|
Asset Turnover
0.95
Lower than Peers by 0.11
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
0.95
|
0.55
|
0.59
|
0.88
|
0.55
|
|
Peer Median
|
1.06
|
0.98
|
1.05
|
1.24
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
16.00
|
18.06
|
10.17
|
15.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
99.69
|
96.38
|
67.95
|
84.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
101.15
|
91.58
|
65.50
|
70.08
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
14.54
|
22.86
|
12.62
|
29.63
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
8.24
Lower than Peers by 7.63
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
8.24
|
27.37
|
23.37
|
10.64
|
29.67
|
|
Peer Median
|
15.88
|
27.89
|
25.04
|
17.94
|
--
|
Price / Book Value
1.27
Lower than Peers by 0.19
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
1.27
|
1.36
|
1.69
|
1.42
|
2.03
|
|
Peer Median
|
1.46
|
1.73
|
1.86
|
1.65
|
--
|
Dividend Yield
3.50
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
3.50
|
3.73
|
3.92
|
5.75
|
46.51
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
6.68
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
6.68
|
16.59
|
14.94
|
7.08
|
18.48
|
|
Peer Median
|
--
|
14.31
|
12.09
|
10.28
|
--
|
Market Cap
344
Higher than Peers by 79
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
344
|
324
|
410
|
350
|
432
|
|
Peer Median
|
265
|
133
|
86
|
129
|
--
|