Synopsis: Vardhman Acrylics Limited, a Textile stock, reports 26.59% YoY revenue growth and a 60.26% YoY net profit surge in Q2 FY26 results.
This Penny Textile stock, engaged in manufacturing acrylic fiber and acrylic tow using advanced Japanese technology, catering to textile and industrial applications with high-quality, sustainable products, jumped 5 percent after the company reported strong September quarterly results with a 60.26 percent YoY increase in net profit.
With a market capitalization of Rs. 325.07 crores, the share of Vardhman Acrylics Limited has reached an intraday high of Rs. 41 per equity share, rising nearly 5.16 percent from its previous day’s close price of Rs. 38.99. Since then, the stock has retreated and is currently trading at Rs. 40.45 per equity share.
Q2 FY26 Result Walkthrough:
Coming into the quarterly results of Vardhman Acrylics Limited, the company’s consolidated revenue from operations increased by 26.59 percent YOY, from Rs. 70.62 crore in Q2 FY25 to Rs. 89.40 crore in Q2 FY26, and grew by 28.84 percent QoQ from Rs. 69.39 crore in Q1 FY26. Vardhman Acrylics Limited generated 100 percent of its revenue from the manufacturing of Acrylic Fibre in Q2 FY26.
In Q2 FY26, Vardhman Acrylics Limited’s consolidated net profit increased by 60.26 percent YOY, reaching Rs. 2.50 crore compared to Rs. 1.56 crore during the same period last year. As compared to Q1 FY26, the net profit has increased by 42.86 percent, from Rs. 1.75 crore.
The basic earnings per share increased by 63.16 percent and stood at Rs. 0.31 as against Rs. 0.19 recorded in the same quarter in the previous year, FY2025.
In terms of return ratios, the company’s ROCE and ROE stand at 6.68 percent and 4.86 percent, respectively. Vardhman Acrylics Limited has an earnings per share (EPS) of Rs. 1.47, and it’s a debt-free company.
Company Overview:
Vardhman Acrylics Limited was established in 1990 and is a leading manufacturer of acrylic fiber and acrylic tow in India. The company operates a modern, highly automated facility in Jhagadia, Gujarat, using advanced wet-spun technology licensed from Japan Exlan Co. Ltd.
The company’s products are marketed under the brand name “VARLAN,” known for high quality and certified under Oeko-Tex Standard 100, suitable for applications in textiles such as hosiery, weaving, home furnishing, and industrial uses.
Vardhman Acrylics Limited is originally part of the Vardhman Group and a joint venture with Japanese companies. Over the years, the company has expanded its production capacity from 16,500 MT to 20,000 MT of acrylic staple fiber and tow. It maintains a strong focus on quality, innovation, and customer satisfaction with various ISO certifications.
Written By – Nikhil Naik
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