Vardhman Acrylics Limited - manufacturing in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN L51491PB1990PLC019212 Incorporated 24 December 1990 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Listed - NSE: VARDHACRLC Public Limited Company manufacturing
Data last updated
Market Cap
₹339 Cr
VARDHACRLC · NSE
Share Price
₹41.60
-1.30% today
Revenue
₹319 Cr
FY 2025-26 · +13.1% YoY
EBITDA
₹16.68 Cr
Margin 5.2%
Net Profit
₹27.25 Cr
FY 2025-26 · +132.9% YoY
P/E (TTM)
8.3x
P/B 1.4x
Authorised capital
₹150 Cr
Registered with MCA
Paid-up capital
₹80.36 Cr
Issued & subscribed

About Vardhman Acrylics Limited

Data last updated:

Vardhman Acrylics Limited is a public limited company based in Ludhiana, Punjab, India, a subsidiary of Vardhman Textiles Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 December 1990 and has been in existence for over 36 years.

Its director SP Oswal is #428 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L51491PB1990PLC019212. Its GSTIN is 03AAACV7602E1ZT (Punjab). The company holds 4 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on NSE: VARDHACRLC.

The company has an authorised share capital of ₹150 Cr and a paid-up capital of ₹80.36 Cr. It is led by directors including Vivek Gupta (Whole-Time Director) and Suchita Jain.

Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Vardhman Premises Chandigarh Road Ludhiana., Punjab, India – 141010.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹318.57 Cr, a growth of 13.1% compared to the previous year. For the same year it recorded a net profit of ₹27.25 Cr (net margin 8.6%) and EBITDA of ₹16.68 Cr (EBITDA margin 5.2%).

The company has about 324 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Vardhman Acrylics. As per MCA filings, the company has satisfied charges of ₹275.23 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vardhmanacrylics.com.

Company details

CIN L51491PB1990PLC019212
Registration Number 019212
Incorporation Date 24 December 1990
ROC Chandigarh
Listing Status Listed - Listed on NSE (VARDHACRLC)
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2026
Parent Company Vardhman Textiles Limited
Compliance Status Active Compliant

CIN history

Vardhman Acrylics has one previous CIN (Corporate Identification Number): U51491PB1990PLC019212. The current CIN is L51491PB1990PLC019212, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L51491PB1990PLC019212Current
U51491PB1990PLC019212Previous

Recognitions & Rankings of Vardhman Acrylics

India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Vardhman Acrylics Limited's registered office is in Ludhiana, Punjab. Its website is vardhmanacrylics.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Vardhman Premises Chandigarh Road Ludhiana., Punjab, India – 141010
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Vardhman Acrylics Limited, buy the company report.

Comprehensive company report
Vardhman Acrylics Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Vardhman Acrylics operates one associated brand: Vardhman Acrylics. Each brand links to its own profile.

BrandDescriptionWebsite
Casual wear is manufactured and branded by Vardhman Acrylics.vardhmanacrylics.com

Business activity

The main business activity of Vardhman Acrylics is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Vardhman Acrylics Limited, buy the company report.

Financials of Vardhman Acrylics Limited

FY 2025-26 filings available

Vardhman Acrylics Limited reported revenue of ₹318.57 Cr (up 13.1% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹319 Cr
+13.1% YoY
EBITDA
₹16.68 Cr
+352.0% YoY
Profit After Tax
₹27.25 Cr
+132.9% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue319282297427303280334
Revenue growth+13.1%-5.4%-30.3%+40.7%+8.3%-16.2%-
EBITDA16.683.6913.2436.098.8347.6826.77
EBITDA margin+5.2%+1.3%+4.5%+8.5%+2.9%+17.0%+8.0%
Profit before tax28.8616.0521.3543.1017.4257.1047.85
Net profit27.2511.7017.6632.9614.5242.9546.21
Net profit margin+8.6%+4.2%+5.9%+7.7%+4.8%+15.3%+13.8%
EPS (₹)3.391.472.184.091.815.345.76
Balance sheet
Total assets-239245246216399358
Net worth-239243245212398355
Total debt-0.181.140.342.780.361.42
Cash & bank-3.593.583.695.36102125
Net working capital-3.3724.9321.7432.33118124
Cash flow
Cash from operations-26.157.3838.53(9.41)39.464.17
Cash from investing-(9.08)12.26(36.73)190(82.58)80.47
Cash from financing-(17.09)(19.50)(2.61)(198)(1.10)(23.61)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue78.2583.5076.2889.4069.3972.1181.7870.62
Revenue growth (YoY)+12.8%+15.8%-6.7%+26.6%+21.6%---
Other income3.984.343.393.833.663.314.723.49
Total expenses60.5273.4469.1989.2370.0272.1280.9769.86
EBITDA17.7310.067.090.17(0.63)(0.01)0.810.76
EBITDA margin+22.7%+12.0%+9.3%+0.2%-0.9%-0.0%+1.0%+1.1%
Depreciation0.740.710.770.730.690.800.710.76
Interest0.050.010.070.030.040.100.030.06
Profit before tax20.9213.689.643.242.302.404.793.43
Tax4.70(1.91)2.230.740.550.440.821.87

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue78.2583.5076.2889.4069.3972.1181.7870.62
Revenue growth (YoY)+12.8%+15.8%-6.7%+26.6%+21.6%---
Other income3.984.343.393.833.663.314.723.49
Total expenses60.5273.4469.1989.2370.0272.1280.9769.86
EBITDA17.7310.067.090.17(0.63)(0.01)0.810.76
EBITDA margin+22.7%+12.0%+9.3%+0.2%-0.9%-0.0%+1.0%+1.1%
Depreciation0.740.710.770.730.690.800.710.76
Interest0.050.010.070.030.040.100.030.06
Profit before tax20.9213.689.643.242.302.404.793.43
Tax4.70(1.91)2.230.740.550.440.821.87
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue319282297427303280334
Revenue growth+13.1%-5.4%-30.3%+40.7%+8.3%-16.2%-
Other income15.2215.6114.0312.7914.4015.3726.61
Total expenses302278284391294233308
Employee cost0.0020.4120.0418.0415.9416.3315.75
EBITDA16.683.6913.2436.098.8347.6826.77
EBITDA margin+5.2%+1.3%+4.5%+8.5%+2.9%+17.0%+8.0%
Depreciation2.893.005.635.495.425.425.23
Interest0.150.250.290.290.390.530.30
Profit before tax28.8616.0521.3543.1017.4257.1047.85
Tax1.614.233.8110.242.8714.201.59
Net profit27.2511.7017.6632.9614.5242.9546.21
Net profit margin+8.6%+4.2%+5.9%+7.7%+4.8%+15.3%+13.8%
EPS (₹)3.391.472.184.091.815.345.76
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital-80.3680.3680.3680.3680.3680.36
Reserves & surplus-158163165132318275
Shareholders' funds (net worth)-239243245212398355
Secured loans-0.000.000.000.000.001.42
Unsecured loans-0.181.140.342.780.360.00
Total debt-0.181.140.342.780.361.42
Total liabilities-239245246216399358
Assets
Gross block-10399.3693.7090.2888.2788.07
Net block-57.5655.7554.4455.8458.6863.83
Capital work in progress-0.110.023.930.190.210.02
Investments-186169172134232160
Inventories-80.8974.9583.2876.8564.2060.47
Sundry debtors-8.7616.2413.4010.5715.079.50
Cash & bank balances-3.593.583.695.36102125
Loans & advances-9.706.5010.2518.6612.3014.43
Total current assets-103101111111194209
Total current liabilities-99.5776.3488.8879.1175.4585.24
Net working capital-3.3724.9321.7432.33118124
Total assets-239245246216399358
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash-0.790.661.4718.5762.801.77
Net cash from operating activities-26.157.3838.53(9.41)39.464.17
Net cash from investing activities-(9.08)12.26(36.73)190(82.58)80.47
Net cash from financing activities-(17.09)(19.50)(2.61)(198)(1.10)(23.61)
Net change in cash-(0.02)0.13(0.81)(17.11)(44.22)61.03
Closing cash-3.593.583.695.36102125
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+13.1%-5.4%-30.3%+40.7%+8.3%-16.2%-
EBITDA growth+352.0%-72.1%-63.3%+308.7%-81.5%+78.1%-
PBT growth+79.8%-24.8%-50.5%+147.4%-69.5%+19.3%+2.4%
Net income growth+132.9%-33.8%-46.4%+127.0%-66.2%-7.1%-
Revenue CAGR (3Y)-9.3%-2.5%+2.0%+8.5%-8.2%-5.0%-3.2%
EBITDA CAGR (3Y)-22.7%-25.2%-34.8%+10.5%-31.8%+14.8%-10.7%
Profitability & leverage
Net income margin+8.6%+4.2%+5.9%+7.7%+4.8%+15.3%+13.8%
Return on capital employed-+6.7%+8.8%+18.8%+5.8%+15.2%+13.9%
Return on net worth-+4.9%+7.2%+14.4%+4.8%+11.4%+13.4%
Debt / equity-0.000.000.010.010.000.00
Long-term debt / equity-0.000.000.000.000.000.00
Interest cover1.0936.233.810.9511.441.251.39
Efficiency & per share
Fixed asset turnover-2.783.084.643.403.184.21
Inventory turnover-3.613.765.334.304.494.89
Debtors turnover-22.5320.0735.6023.6622.8126.64
EPS (₹)3.391.472.184.091.815.345.76
Dividend per share (₹)1.501.502.002.5025.000.000.00
Book value per share (₹)0.0029.7030.2330.5326.4249.5744.23

To see the full year-wise statements and ratios of Vardhman Acrylics Limited, buy the company report.

Board of directors of Vardhman Acrylics Limited

Vardhman Acrylics has 10 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Suchita JainDirector20 Oct 20206 Years 0 MonthsCurrent
Shri Paul OswalDirector24 Dec 199035 Years 9 MonthsCurrent
Sachit JainDirector30 Dec 199530 Years 9 MonthsCurrent
Parakh OswalDirector19 Jul 20224 Years 3 MonthsCurrent
Vivek GuptaWhole-Time Director01 Nov 20232 Years 11 MonthsCurrent
Bal Krishan ChoudharyDirector30 Dec 199530 Years 9 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Peer comparison

Vardhman Acrylics Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vardhman Acrylics Limitedthis company₹318.57 Cr (FY 2026)₹27.25 Cr8.6%13.1%324Ludhiana, Punjab, India
Shri Ambica Polymer Private Limited₹299.76 Cr (FY 2025)45.0%Ahmedabad, Gujarat, India
Laguna Clothing Private Limited₹299.1 Cr (FY 2018)-10.0%Bangalore, Karnataka, India
Ramvijay Cotton Mills Private Limited₹297.71 Cr (FY 2025)93.0%Jasdan, Gujarat, India
Riba Textiles Limited₹296.13 Cr (FY 2025)20.0%New Delhi, Delhi, India
Kiran Industries Private Limited₹295.96 Cr (FY 2025)6.0%Surat, Gujarat, India
Apm Industries Limited₹295.31 Cr (FY 2025)-2.0%Bhiwadi, Rajasthan, India
Sada Green Industries Private Limited₹293.14 Cr (FY 2025)21.0%Suratgarh, Rajasthan, India

To see the full peer comparison of Vardhman Acrylics Limited, buy the company report.

Auditor

Vardhman Acrylics Limited is audited by SCV & Co. LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SCV & Co. LLPFY 2023000235N

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 75.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.00%.

Promoters: 75.00%Retail & Others: 25.00%
Sep 2026
QUARTER
75.00% Promoters
25.00% Retail & Others
Promoter holding - history
Now 75.00% · Sep 2026High 75.00% · Dec 2025Low 75.00% · Dec 2025
74%74.5%75%75.5%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 75.00%Mar 2026: 75.00%Jun 2026: 75.00%Sep 2026: 75.00%75.00%75.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters75.00%75.00%75.00%75.00%
Public25.00%25.00%25.00%25.00%

Charges & borrowings

Open charges
None
Satisfied charges
₹275.23 Cr
Breakdown by lending institutions
I.D.B.I.₹88.48 Cr
Others₹50.00 Cr
Industrial Development Bank of India₹50.00 Cr
State Bank of Patiala₹46.75 Cr
Axis Bank Limited₹40.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Mar 2016100016723Others₹50 CrSatisfied
22 Mar 201210347770Axis Bank Limited₹40 CrSatisfied
22 Aug 200190169575I.D.B.I.₹88.48 CrSatisfied
08 Jun 199990169208State Bank of Patiala₹46.75 CrSatisfied
22 May 199690168837Industrial Development Bank of India₹50 CrSatisfied

To see the full charge records of Vardhman Acrylics Limited, buy the company report.

Total charge records: 5 View all charges

Credit ratings & regulatory alerts

Vardhman Acrylics Limited was last rated by Crisil on 24 Mar 2021.

Rating agencyRated onRating
Crisil24 Mar 2021

To see the full credit ratings and regulatory alerts of Vardhman Acrylics Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vardhman Acrylics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Vardhman Acrylics Limited has a workforce of 324 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
324
Active EPFO establishments
1
Employee growth
2.21%

GST

Vardhman Acrylics has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
03AAACV7602E1ZTPunjabActive01 Jul 2017
24AAACV7602E1ZPGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Vardhman Acrylics Limited, buy the company report.

Recent activity

Vardhman Acrylics Limited has 36 board changes on record since 1990: 23 appointments and 13 cessations. The latest: Sanjeev Jain was appointed as Director on 01 Nov 2023.

Filing
Vardhman Acrylics Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chandigarh.
AGM
Vardhman Acrylics Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Appointed
Sanjeev Jain was appointed as Director.
Appointed
Vivek Gupta was appointed as Whole-Time Director.
Ceased
Apinder Sodhi ceased to be Director.
Appointed
Sandeep Kapur was appointed as Director.
Ceased
Munish Chandra Gupta ceased to be Director.
Ceased
Sanjit Paul Singh ceased to be Director.
Ceased
Surinder Kumar Bansal ceased to be Director.
Appointed
Anil Kumar was appointed as Director.
Appointed
Bhooshan Lal Uppal was appointed as Director.
Appointed
Parakh Oswal was appointed as Director.

40 earlier events are in the company report.

Frequently asked questions

Vardhman Acrylics is an active public limited company based in Ludhiana, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 December 1990 (36+ years old) and is registered under CIN L51491PB1990PLC019212. Listed on NSE: VARDHACRLC.

Vardhman Acrylics reported revenue of ₹318.57 Cr for FY 2025-26 (up 13.1% YoY) based on standalone financials.

Vardhman Acrylics has 10 current directors:

The latest financial statements of Vardhman Acrylics on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Vardhman Acrylics is 03AAACV7602E1ZT, registered in Punjab. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAACV7602E1ZP (Gujarat).

The CIN (Corporate Identification Number) of Vardhman Acrylics is L51491PB1990PLC019212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Vardhman Acrylics is a listed company as per MCA records. Its shares are listed on NSE (symbol: VARDHACRLC).

Vardhman Acrylics was incorporated on 24 December 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Vardhman Acrylics by revenue are Shri Ambica Polymer Private Limited, Laguna Clothing Private Limited, Ramvijay Cotton Mills Private Limited, Riba Textiles Limited, Kiran Industries Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Sanjeev Jain was appointed as Director on 01 Nov 2023. Vivek Gupta was appointed as Whole-Time Director on 01 Nov 2023. Apinder Sodhi ceased to be Director on 31 Oct 2023. Vardhman Acrylics has 36 board changes on record in total.

Vardhman Acrylics can be reached through the website vardhmanacrylics.com. Its registered office is in Ludhiana, Punjab, India.