Vardhman Acrylics logo

Vardhman Acrylics share price

NSE: VARDHACRLCTextiles & ApparelsSmall Cap

Last close ₹39.32down ₹2.28 (5.48%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹41.60.

52-week range of traded prices to 23 Oct 2026
₹27.01Low, 30 Mar 2026₹48.55High, 29 Jul 2026
Market cap
₹316 Cr2,116th largest listed
P/E
7.6
P/B
1.2
Dividend yield
3.81%
ROE
16.9%
ROCE
12.6%
Debt to equity
0.00
Volume, NSE
17,16491.7% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−2.1%over a year · Nifty 500 −9.8%

Results20-session average 28,379 shares a day

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 28 Jul

Revenue
₹78 Crdown 6.29%
Net profit
₹16 Crup 4.04%
Net margin
20.7%

Revenue by year

Peak revenue ₹427 Cr, year to Mar 2023

Net profit by year, a loss in red

₹ croreSep 2024Filed 25 OctDec 2024Filed 18 JanMar 2025Filed 2 MayJun 2025Filed 19 JulSep 2025Filed 22 OctDec 2025Filed 20 JanMar 2026Filed 2 MayJun 2026Filed 28 Jul
Revenue70.681.872.169.489.476.383.578.3
Net profit1.64.02.01.82.57.415.616.2
Net margin2.2%4.9%2.7%2.5%2.8%9.7%18.7%20.7%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Acrylic Fibre, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 9% of 1,913 trading days since Feb 2019.

LowestHighest
Its median13.2Industry median14.4
Price to book

At or below today's level on 3% of 990 trading days since Oct 2022.

LowestHighest
Its median1.7Industry median1.1
EV to EBITDA8.8

At or below today's level on 0.1% of 990 trading days since Oct 2022.

LowestHighest
Its median30.8Industry median10.4
Dividend yield

At or below today's level on 40% of 2,105 trading days since Jan 2017.

LowestHighest
Its median4.21%Industry median0.50%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−26.9%+130.6%−70.7%5.5%
3 years−10.1%−6.1%−8.9%4.4%
5 years+7.3%−8.7%+3.2%13.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters74.97%
  • Foreign institutions0.02%
  • Individuals and others25.01%
Holder
VARDHMAN TEXTILES LIMITEDPromoter70.74%
DEVAKAR INVESTMENT AND TRADING COMPANY PRIVATE LIMITEDPromoter3.23%
NAHAR CAPITAL AND FINANCIAL SERVICES LTDCompanies1.14%
VARDHMAN HOLDINGS LIMITEDPromoter0.91%
VTL INVESTMENTS LIMITEDPromoter0.09%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Other Textile Products, 270 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Vardhman Acrylics in market cap. 1 company in its own group left out: one owns more than half of the other, directly or through a company it controls, or one owner more than half of both.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Shreedhar Spinners logoShreedhar SpinnersSHREEDHAR352–––––––0.00%
Kesoram Industries logoKesoram IndustriesKESORAMIND345–0.9–––−2.2%−13.2%0.00%
Ginni Filaments logoGinni FilamentsGINNIFILA3399.61.45.9−6.9%+140.1%16.3%18.4%0.00%
Banswara Syntex logoBanswara SyntexBANSWRAS3248.70.65.9+2.9%+89.1%6.5%7.5%1.06%
Atvo Enterprises logoAtvo EnterprisesATVOENT3151,542.626.8–+47.0%+53.4%1.8%−4.1%0.00%
DCM Nouvelle logoDCM NouvelleDCMNVL30810.50.97.2+0.2%+130.1%9.0%8.9%0.00%
Omnitex Industries (India) logoOmnitex Industries (India)OMNITEX304209.51.7–––0.8%−0.4%0.00%
Shree Karni Fabcom logoShree Karni FabcomSHREEKARNI30019.72.6–+21.9%+0.9%15.1%–0.06%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹25.00 a share, year to Mar 2022.
Ex-dateTypePer share
28 Aug 2026Final₹1.50
12 Sep 2025Final₹1.50
6 Sep 2024Final₹2.00
15 Sep 2023Final₹2.50
28 Oct 2021Interim₹25.00
18 Sep 2019Final₹2.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Vardhman Acrylics share price by year

Each calendar year to 2025.Vardhman Acrylics share price history

YearClose at year endChangeHighest closeLowest close
202540.16−25.6%54.7036.79
202453.95−9.1%72.1051.00
202359.35+7.7%64.8543.50
202255.10+4.5%70.2544.30
202152.75+44.7%81.5534.55
202036.45+5.3%37.0526.30
201934.60−22.5%46.1032.85
201844.65−21.0%56.8038.20
201756.50+19.5%56.9543.05
201647.30+32.5%50.8529.55
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202642.0042.0039.0039.3239.7917,16491.7%
22 Oct 202642.1542.1540.0041.6041.1018,68082.8%
21 Oct 202643.2744.4342.0042.1542.6912,77284.5%
19 Oct 202643.0145.0042.6543.2743.5222,49063.6%
16 Oct 202643.0046.0042.0543.7944.4579,37758.1%
15 Oct 202641.8543.0041.8542.5942.3911,60086.4%
14 Oct 202643.1943.4042.2542.5242.607,60765.2%
13 Oct 202643.0643.4841.9042.3142.6410,04779.7%
12 Oct 202643.5044.5042.4142.6443.2126,99273.3%
9 Oct 202642.7543.9941.5142.7542.7852,78156.4%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Buyback history

Ex-dateEventPrice factorWhat happened
28 Oct 2021Price move–A corporate action went ex within three days of this move (Interim Dividend - Rs 25 Per Share, ex-date 28 Oct 2021), and its terms do not account for the move. Not adjusted for.
Each event is noted and not adjusted for.

Company details

Legal name
Vardhman Acrylics Limited
NSE symbol
VARDHACRLC
ISIN
INE116G01013
Industry
Textiles & Apparels
Listed
Sep 2003
Face value
₹10