Indian Acrylics Ltd

Indian Acrylics Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Indian Acrylics Ltd

₹ 13.1 2.03%
03 Jul 12:57 p.m.
indianacrylics.com BSE: 514165
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

Website BSE
  • Market Cap ₹ 177 Cr.
  • Current Price ₹ 13.1
  • High / Low ₹ 19.4 / 10.4
  • Stock P/E
  • Book Value ₹ 3.01
  • Dividend Yield 0.00 %
  • ROCE -8.56 %
  • ROE -81.4 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 4.26 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -5.67% over past five years.
  • Company has a low return on equity of -42.7% over last 3 years.

* 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.

Peer comparison

Sector: Textiles Industry: Textiles - Manmade

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
162 72 170 152 224 237 246 192 227 138 172 130 106
126 77 180 149 235 221 233 177 207 139 185 127 110
Operating Profit 35 -5 -10 3 -11 16 13 16 20 -1 -13 3 -4
OPM % 22% -7% -6% 2% -5% 7% 5% 8% 9% -1% -8% 2% -4%
4 1 3 1 1 2 2 1 2 4 1 2 2
Interest 11 9 9 9 8 11 11 10 5 8 9 8 6
Depreciation 6 6 6 7 6 6 6 6 -2 4 4 4 4
Profit before tax 22 -19 -22 -12 -24 1 -2 1 19 -9 -25 -8 -12
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
22 -19 -22 -12 -24 1 -2 1 19 -9 -25 -8 -12
EPS in Rs 1.65 -1.38 -1.61 -0.87 -1.76 0.07 -0.12 0.08 1.39 -0.69 -1.83 -0.56 -0.91
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
388 627 547 544 476 523 731 744 526 618 902 546
371 586 544 496 429 486 701 677 467 641 838 561
Operating Profit 17 41 2 48 47 36 30 67 59 -23 65 -15
OPM % 4% 7% 0% 9% 10% 7% 4% 9% 11% -4% 7% -3%
13 4 7 -0 4 8 28 4 8 6 7 8
Interest 19 24 16 18 16 20 28 38 35 34 37 32
Depreciation 6 10 8 10 13 16 18 22 25 25 16 15
Profit before tax 4 11 -15 21 23 9 12 11 6 -76 19 -54
Tax % 0% 0% 0% 0% 0% 0% 6% 4% 0% 0% 0% 0%
4 11 -15 21 23 9 12 11 6 -76 19 -54
EPS in Rs 0.31 0.84 -1.11 1.52 1.73 0.65 0.86 0.79 0.46 -5.62 1.42 -3.99
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -1%
5 Years: -6%
3 Years: 1%
TTM: -39%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -382%
Stock Price CAGR
10 Years: 10%
5 Years: 1%
3 Years: -7%
1 Year: -11%
Return on Equity
10 Years: -7%
5 Years: -17%
3 Years: -43%
Last Year: -81%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 135 135 135 135 135 135 135 135 135 135 135 135
Reserves -72 -61 -80 -60 -37 -15 -3 7 13 -62 -43 -95
43 12 15 40 147 204 205 214 216 216 184 187
147 193 188 211 177 172 241 263 211 310 282 171
Total Liabilities 253 279 258 327 422 496 577 618 575 600 558 398
90 81 102 96 193 228 218 288 273 254 242 226
CWIP 2 23 2 56 1 11 58 11 3 2 1 1
Investments 0 0 0 0 0 0 1 1 0 0 0 0
161 175 154 175 227 258 301 319 299 343 315 171
Total Assets 253 279 258 327 422 496 577 618 575 600 558 398

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
19 64 8 46 15 4 76 101 11 87 53 9
-2 -21 -9 -58 -57 -59 -58 -43 -5 -4 -1 0
-18 -28 -8 23 46 40 -18 -54 -11 -37 -74 -36
Net Cash Flow -1 14 -9 10 4 -16 1 4 -5 47 -22 -27

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 28 13 13 19 37 26 19 13 12 14 11 12
Inventory Days 133 85 83 99 157 188 140 175 276 164 127 112
Days Payable 150 121 109 138 174 153 142 166 210 201 147 127
Cash Conversion Cycle 11 -23 -14 -20 20 61 18 22 79 -23 -8 -3
Working Capital Days 16 -17 -9 -7 12 47 18 16 57 -11 3 -1
ROCE % 16% 37% -2% 41% 22% 10% 6% 14% 11% -13% 20%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
62.56% 62.56% 62.56% 62.56% 62.56% 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% 37.37% 37.37% 37.37% 37.37% 37.38% 37.38% 37.37% 37.36%
No. of Shareholders 98,9651,05,0771,05,3221,05,4741,05,4941,05,1631,04,6041,04,8371,04,1301,03,5301,03,2771,04,258

* 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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