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
₹40.29
-4.41% 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. 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 2025. 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 of Vardhman Acrylics Limited
CIN L51491PB1990PLC019212
Registration Number 019212
Incorporation Date 24 December 1990
ROC Chandigarh
Listing Status Listed (NSE: VARDHACRLC)
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Vardhman Textiles Limited
Compliance Status Active Compliant

CIN History of Vardhman Acrylics Limited

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
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Vardhman Premises Chandigarh Road Ludhiana., Punjab, India – 141010
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Vardhman Acrylics Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Vardhman Acrylics Limited

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 of Vardhman Acrylics Limited

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

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Turnover share and past changes in activity are in the company report.

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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
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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 of Vardhman Acrylics Limited

Vardhman Acrylics Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vardhman Acrylics Limited this company₹318.57 Cr (FY 2026)••••••••13.1%••••Ludhiana, Punjab, India
Shekhawati Syntex Pvt Ltd₹300.67 Cr (FY 2025)••••••••-16.0%••••Mumbai, Maharashtra, 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
Sri Shyam Fashion Textiles Private Ltd₹297.64 Cr (FY 2025)••••••••12.0%••••Kolkata, West Bengal, India
Riba Textiles Limited Listed₹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 Listed₹295.31 Cr (FY 2025)••••••••-2.0%••••Bhiwadi, Rajasthan, India
Borana Weaves Limited₹295.1 Cr (FY 2025)••••••••48.0%••••Surat, Gujarat, India
Sada Green Industries Private Limited₹293.14 Cr (FY 2025)••••••••21.0%••••Suratgarh, Rajasthan, India

Peers are the five companies nearest above and the five nearest below Vardhman Acrylics by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Vardhman Acrylics Limited

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

NameStatusAppointment DateCessation Date
SCV & Co. LLPLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Shareholding Pattern of Vardhman Acrylics Limited

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 of Vardhman Acrylics Limited

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
DateLenderAmountStatus
10 Mar 2016Others₹50 CrSatisfied
22 Mar 2012Axis Bank Limited₹40 CrSatisfied
22 Aug 2001I.D.B.I.₹88.48 CrSatisfied
08 Jun 1999State Bank of Patiala₹46.75 CrSatisfied
22 May 1996Industrial Development Bank of India₹50 CrSatisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at Vardhman Acrylics Limited

Vardhman Acrylics Limited has a workforce of 324 employees as of Apr 01, 2024.

Employee count
324
Active EPFO establishments
1
Employee growth
2.21%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Vardhman Acrylics Limited

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.

AGM
Vardhman Acrylics Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Filing
Vardhman Acrylics Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
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 listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Vardhman Acrylics Limited

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MSME Payment Delays by Vardhman Acrylics Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Vardhman Acrylics Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Vardhman Acrylics Limited

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
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Vardhman Acrylics Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Vardhman Acrylics Limited

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 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 listed on NSE with 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 Shekhawati Syntex Pvt Ltd, Shri Ambica Polymer Private Limited, Laguna Clothing Private Limited, Ramvijay Cotton Mills Private Limited, Sri Shyam Fashion Textiles Private Ltd and 5 more, all in the Manufacturing industry (Textiles).

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.

The registered office of Vardhman Acrylics is at Vardhman Premises Chandigarh Road Ludhiana., Punjab, India – 141010.

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