Vardhman Acrylics Key Ratios
NSE: VARDHACRLC
₹40.11
As on 05-Nov-2026 12:52IST
Market cap
₹322 Cr
Revenue (TTM)
₹351 Cr
P/E Ratio
7.1
P/B Ratio
1.2
Div. Yield
3.7 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 44.89 | 26.82 | 12.39 | -0.43 | 4.16 |
| EBIT | -70.10 | 1,007.14 | 1,557.14 | 42.99 | -3.99 |
| Net Profit | -63.50 | 136.80 | 343.42 | 29.26 | -1.17 |
| EPS | -63.50 | 136.80 | 343.42 | 29.26 | -1.17 |
| Book Value | -- | -- | 6.40 | 1.15 | -8.61 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 2.38 | 3.09 | 10.74 | 4.33 | 0.24 |
| Net Margin
| 5.92 | 5.97 | 12.33 | 8.16 | 3.98 |
| Return on equity
| 7.72 | 8.46 | 17.43 | 11.06 | 4.91 |
| Return on Capital
| 9.12 | 10.40 | -- | 11.77 | 6.75 |
| Return on Assets
| 3.63 | 4.05 | 12.47 | 5.16 | 2.29 |
| 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-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
11.77
|
6.75
|
8.84
|
18.83
|
|
Peer Median
|
--
|
8.90
|
9.12
|
8.20
|
--
|
ROE
17.43
Higher than Peers by 10.58
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
17.43
|
11.06
|
4.91
|
7.18
|
14.36
|
|
Peer Median
|
6.85
|
7.22
|
7.18
|
4.25
|
--
|
ROA
12.47
Higher than Peers by 8.21
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
12.47
|
5.16
|
2.29
|
3.44
|
6.71
|
|
Peer Median
|
4.26
|
4.44
|
4.43
|
1.72
|
--
|
EBIT Margin
10.74
Higher than Peers by 6.69
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
10.74
|
4.33
|
0.24
|
2.56
|
7.17
|
|
Peer Median
|
4.05
|
6.34
|
4.18
|
3.86
|
--
|
Net Margin
12.33
Higher than Peers by 8.11
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
12.33
|
8.16
|
3.98
|
5.63
|
7.48
|
|
Peer Median
|
4.23
|
4.76
|
4.97
|
2.35
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
9.45
|
5.20
|
7.73
|
8.92
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
12.39
Higher than Peers by 6.49
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
12.39
|
13.14
|
-5.35
|
-30.28
|
40.66
|
|
Peer Median
|
5.90
|
23.98
|
8.85
|
-0.42
|
--
|
EBIT Growth
1,557.14
Higher than Peers by 1,548.05
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
1,557.14
|
1,906.68
|
-90.97
|
-75.12
|
793.22
|
|
Peer Median
|
9.09
|
26.95
|
18.51
|
7.91
|
--
|
Net Profit Growth
343.42
Higher than Peers by 329.45
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
343.42
|
130.49
|
-32.59
|
-46.63
|
125.68
|
|
Peer Median
|
13.97
|
37.49
|
22.52
|
22.29
|
--
|
EPS Growth
343.42
Higher than Peers by 319.47
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
343.42
|
130.49
|
-32.58
|
-46.63
|
125.68
|
|
Peer Median
|
23.95
|
32.61
|
22.52
|
66.67
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
6.40
|
-1.78
|
-0.97
|
15.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
--
|
0.00
|
0.00
|
0.00
|
|
Peer Median
|
0.02
|
0.21
|
0.13
|
0.19
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
--
|
0.00
|
0.00
|
0.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.83
Higher than Peers by 0.72
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
2.83
|
1.75
|
1.44
|
1.40
|
1.42
|
|
Peer Median
|
2.11
|
1.96
|
1.77
|
1.77
|
--
|
Quick Ratio
1.77
Higher than Peers by 0.39
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
1.77
|
1.51
|
1.16
|
1.11
|
1.10
|
|
Peer Median
|
1.38
|
1.83
|
1.51
|
1.25
|
--
|
Interest Coverage
275.58
Higher than Peers by 267.53
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
275.58
|
187.89
|
65.43
|
75.47
|
150.91
|
|
Peer Median
|
8.05
|
6.38
|
8.34
|
3.06
|
--
|
Operating Efficiency
Debtors to sales
3.52
Lower than Peers by 10.73
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
3.52
|
3.50
|
3.11
|
5.46
|
3.14
|
|
Peer Median
|
14.25
|
20.08
|
14.88
|
14.79
|
--
|
Asset Turnover
0.97
Lower than Peers by 0.11
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
0.97
|
0.60
|
0.55
|
0.59
|
0.88
|
|
Peer Median
|
1.08
|
1.38
|
0.98
|
1.05
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
11.40
|
16.00
|
18.06
|
10.17
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
82.97
|
99.69
|
96.38
|
67.95
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
98.15
|
101.15
|
91.58
|
65.50
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
--
|
-3.79
|
14.54
|
22.86
|
12.62
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
7.14
Lower than Peers by 7.57
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
7.14
|
8.03
|
27.37
|
23.37
|
10.64
|
|
Peer Median
|
14.71
|
14.74
|
27.89
|
25.04
|
--
|
Price / Book Value
1.22
Lower than Peers by 0.18
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
1.22
|
0.86
|
1.36
|
1.69
|
1.42
|
|
Peer Median
|
1.40
|
1.27
|
1.73
|
1.86
|
--
|
Dividend Yield
3.74
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
3.74
|
5.51
|
3.73
|
3.92
|
5.75
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
5.73
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
5.73
|
6.67
|
16.59
|
14.94
|
7.08
|
|
Peer Median
|
--
|
9.19
|
14.31
|
12.09
|
--
|
Market Cap
322
Higher than Peers by 82
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Acrylics
|
322
|
219
|
324
|
410
|
350
|
|
Peer Median
|
241
|
107
|
133
|
86
|
--
|