Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 171.59 | 130.22 | 106.34 | 114.16 | 95.88 | 96.36 | 82.92 | 86.19 | 102.19 | 89.30 | 74.00 | 106.94 |
| Expenses | 184.58 | 127.12 | 110.19 | 115.54 | 99.84 | 95.03 | 82.66 | 86.28 | 100.41 | 85.95 | 80.36 | 105.60 |
| Operating Profit | -12.99 | 3.10 | -3.85 | -1.38 | -3.96 | 1.33 | 0.26 | -0.09 | 1.78 | 3.35 | -6.36 | 1.34 |
| OPM % | -7.57% | 2.38% | -3.62% | -1.21% | -4.13% | 1.38% | 0.31% | -0.10% | 1.74% | 3.75% | -8.59% | 1.25% |
| Other Income | 1.21 | 1.60 | 1.71 | 2.80 | 0.72 | 1.21 | 0.36 | 1.86 | 0.25 | 1.48 | 2.15 | 2.35 |
| Interest | 9.14 | 8.43 | 6.45 | 6.50 | 4.57 | 4.33 | 3.15 | 3.67 | 4.94 | 4.22 | 4.45 | 2.98 |
| Depreciation | 3.81 | 3.91 | 3.76 | 3.69 | 3.69 | 3.13 | 3.16 | 2.82 | 2.84 | 2.81 | 2.75 | 2.38 |
| Profit before tax | -24.73 | -7.64 | -12.35 | -8.77 | -11.50 | -4.92 | -5.69 | -4.72 | -5.75 | -2.20 | -11.41 | -1.67 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | -24.74 | -7.65 | -12.34 | -8.77 | -11.49 | -4.92 | -5.69 | -4.72 | -5.75 | -2.20 | -11.42 | -1.67 |
| EPS in Rs | -1.83 | -0.57 | -0.91 | -0.65 | -0.85 | -0.36 | -0.42 | -0.35 | -0.42 | -0.16 | -0.84 | -0.12 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 544 | 476 | 523 | 731 | 745 | 526 | 618 | 902 | 546 | 389 | 352 | 372 |
| Expenses | 496 | 429 | 486 | 701 | 678 | 468 | 641 | 838 | 561 | 393 | 353 | 372 |
| Operating Profit | 48 | 47 | 36 | 30 | 67 | 59 | -23 | 65 | -15 | -3 | -1 | 0 |
| OPM % | 9% | 10% | 7% | 4.1% | 9% | 11% | -3.7% | 7% | -2.7% | -0.9% | -0.3% | 0.0% |
| Other Income | -0 | 4 | 8 | 28 | 4 | 8 | 6 | 7 | 8 | 5 | 6 | 6 |
| Interest | 18 | 16 | 20 | 28 | 38 | 35 | 34 | 37 | 32 | 19 | 17 | 17 |
| Depreciation | 10 | 13 | 16 | 18 | 22 | 25 | 25 | 16 | 15 | 14 | 11 | 11 |
| Profit before tax | 21 | 23 | 9 | 12 | 11 | 6 | -76 | 19 | -54 | -31 | -24 | -21 |
| Tax % | 0% | 0% | 0% | 6% | 4% | 0% | 0% | 0% | 0% | 0% | 0% | |
| Net Profit | 21 | 23 | 9 | 11 | 11 | 6 | -76 | 19 | -54 | -31 | -24 | -21 |
| EPS in Rs | 1.52 | 1.73 | 0.66 | 0.84 | 0.79 | 0.46 | -5.62 | 1.44 | -3.99 | -2.28 | -1.78 | -1.54 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -4% | -8% | -27% | 3% | ||
| Compounded Profit Growth | % | % | % | 22% | ||
| Stock Price CAGR | -11% | -17% | -22% | -26% | ||
| Return on Equity | % | % | % | % |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 135 | 135 | 135 | 135 | 135 | 135 | 135 | 135 | 135 | 135 | 135 |
| Reserves | -60 | -37 | -15 | -4 | 6 | 13 | -63 | -43 | -95 | -125 | -148 |
| Borrowings | 40 | 147 | 204 | 205 | 214 | 216 | 216 | 184 | 187 | 183 | 231 |
| Other Liabilities | 211 | 177 | 172 | 241 | 263 | 211 | 310 | 282 | 171 | 179 | 134 |
| Total Liabilities | 327 | 422 | 496 | 577 | 618 | 575 | 599 | 557 | 398 | 372 | 352 |
| Fixed Assets | 96 | 193 | 228 | 218 | 288 | 273 | 254 | 242 | 226 | 207 | 194 |
| CWIP | 56 | 1 | 11 | 58 | 11 | 3 | 2 | 1 | 1 | 1 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 175 | 227 | 258 | 301 | 319 | 299 | 343 | 315 | 171 | 165 | 158 |
| Total Assets | 327 | 422 | 496 | 577 | 618 | 575 | 599 | 557 | 398 | 372 | 352 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 46 | 15 | 4 | 76 | 101 | 11 | 87 | 54 | 9 | -10 | -30 |
| Cash from Investing Activity | -58 | -57 | -60 | -57 | -43 | -5 | -4 | -1 | 0 | 27 | 2 |
| Cash from Financing Activity | 23 | 46 | 40 | -18 | -54 | -11 | -37 | -74 | -36 | -17 | 34 |
| Net Cash Flow | 10 | 4 | -16 | 1 | 4 | -5 | 47 | -22 | -27 | 1 | 6 |
| Free Cash Flow | -12 | -42 | -55 | 19 | 58 | 6 | 84 | 53 | 9 | 18 | -28 |
| CFO/OP | 95% | 32% | 12% | 252% | 150% | 19% | -379% | 83% | -59% | 277% | 2,465% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 19 | 37 | 26 | 19 | 13 | 12 | 14 | 11 | 12 | 15 | 17 |
| Inventory Days | 99 | 157 | 188 | 141 | 175 | 276 | 164 | 127 | 112 | 158 | 161 |
| Days Payable | 138 | 174 | 153 | 142 | 166 | 210 | 201 | 147 | 126 | 176 | 146 |
| Cash Conversion Cycle | -20 | 20 | 61 | 18 | 22 | 79 | -23 | -8 | -3 | -4 | 32 |
| Working Capital Days | -20 | 0 | 27 | 10 | 1 | 31 | -37 | -16 | -40 | -42 | -2 |
| ROCE % | 22% | 10% | 5% | 14% | 11% | -13% | 20% | -9% | -6% | -3% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 62.57% | 62.57% | 62.57% | 62.57% | 62.57% | 62.57% | 62.57% | 62.57% | 62.57% | 62.57% | 62.57% | 62.57% |
| DIIs | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% |
| Public | 37.38% | 37.37% | 37.36% | 37.36% | 37.36% | 37.37% | 37.37% | 37.38% | 37.37% | 37.36% | 37.37% | 37.36% |
| No. of Shareholders | 1,03,530 | 1,03,277 | 1,04,258 | 1,04,097 | 1,03,759 | 1,03,680 | 1,03,502 | 1,03,172 | 1,02,906 | 1,02,598 | 1,02,343 | 1,02,007 |
Fundamentals
Market Cap₹ 78.5 Cr.
Current Price₹ 5.80
Book Value₹ -0.91
ROCE-3.26 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)3%
Compounded Profit Growth (TTM)22%
Consolidated figures.
Valuation
Market capRs 76 Cr
Enterprise valueRs 292 Cr
Price to book-6.18x
Price to sales0.21x
EV / EBITDA46.06x
EV / sales0.78x
Earnings yield-27.52%
P/B, 3-year average2.96x
P/E, 5-year average5.81x
P/B, 5-year average2.46x
Profitability
Operating margin (excl. other income)-0.34%
Operating margin (incl. other income)1.26%
EBITDA margin1.70%
Pre-tax margin-5.65%
Net profit margin-5.65%
Net margin, latest quarter-1.56%
ROE2103.93%
ROCE-3.31%
ROA-6.65%
ROE, 3-year average633.65%
ROCE, 3-year average-5.91%
ROA, 3-year average-8.66%
ROE, 5-year average371.15%
ROCE, 5-year average-2.14%
ROA, 5-year average-7.11%
ROIC (approx.)-2.19%
Other income / net worth-45.51%
Growth
Sales growth (latest year)-9.67%
Sales CAGR, 3 years-26.96%
Sales CAGR, 5 years-7.74%
Sales growth QoQ44.51%
Sales growth YoY (latest quarter)24.07%
Per share
EPS (TTM)Rs -1.55
EPS (latest year)Rs -1.78
EPS (latest quarter)Rs -0.12
EPS, 3-year averageRs -2.69
EPS, 5-year averageRs -2.45
Book value per shareRs -0.91
Sales per shareRs 27.52
Cash flow per shareRs -2.20
Free cash flow per shareRs -2.07
Efficiency
Asset turnover1.00x
Fixed asset turnover1.82x
Inventory turnover3.19x
Inventory days115 days
Debtor days17 days
Debtors turnover21.91x
Creditor days146 days
Cash conversion cycle32 days
Working capital days-2 days
Leverage
Total debtRs 231 Cr
Cash and bankRs 15 Cr
Net debtRs 216 Cr
Debt to equity-18.66x
Net debt / EBITDA34.00x
Interest coverage-0.27x
Owners' fund to total sources-3.51%
Debt to assets65.55%
Cash flow
Cash from Operating Activity (latest year)Rs -30 Cr
Cash from Investing Activity (latest year)Rs 2 Cr
Cash from Financing Activity (latest year)Rs 34 Cr
Net Cash Flow (latest year)Rs 6 Cr
Free cash flow (latest year)Rs -28 Cr
FCFE (approx.: FCF + change in debt)Rs 20 Cr
Statement figures
Net sales (TTM)Rs 372 Cr
Net sales (latest year)Rs 352 Cr
Sales (latest quarter)Rs 107 Cr
Operating profit excl. other income (latest year)Rs -1 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 6 Cr
EBITDA (TTM)Rs 6 Cr
PBDT (TTM)Rs -10 Cr
Profit before tax (TTM)Rs -21 Cr
Net profit (TTM)Rs -21 Cr
Net profit (latest year)Rs -24 Cr
Net profit (latest quarter)Rs -2 Cr
Depreciation (TTM)Rs 11 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 17 Cr
Cost of goods sold (latest year)Rs 287 Cr
Total expenditure (latest year)Rs 353 Cr
Total income (latest year)Rs 357 Cr
Share capitalRs 135 Cr
ReservesRs -148 Cr
Shareholders' fundsRs -12 Cr
Total assetsRs 352 Cr
Net blockRs 194 Cr
Capital work in progressRs 1 Cr
ReceivablesRs 16 Cr
InventoryRs 90 Cr
Other liabilitiesRs 134 Cr
Shares outstanding (crore)13.53
Ownership
Promoter holding62.57% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | 514165 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.6% | -2.8% | +0.2 pts |
| 1 month | -5.8% | -6.8% | +1.0 pts |
| 3 months | -3.9% | -7.6% | +3.7 pts |
| 3 years | -53.4% | +14.2% | -67.6 pts |
| 5 years | -62.0% | +27.9% | -89.9 pts |
Red flags
F-score 3 of 8| serious | Negative equity Shareholders' equity is negative |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹107 Cr +24.1% vs Jun 2025.
Net loss ₹2 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Supreme Petrochem Ltd | 15,642 | 31.9 | 18.8 % |
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| DCW Ltd | 1,357 | 19.0 | 9.89 % |
| Tamil Nadu Petro Products Ltd | 1,132 | 8.30 | 10.9 % |
| Kothari Petrochemicals Ltd | 759 | 10.5 | 28.6 % |
| Pasupati Acrylon Ltd | 672 | 7.00 | 21.2 % |
| Agarwal Industrial Corporation Ltd | 589 | 14.4 | 7.73 % |
| Neptune Petrochemicals Ltd | 434 | 14.3 | 31.6 % |
| Rajputana Biodiesel Ltd | 140 | 15.4 | 22.0 % |
| Amtech Esters Ltd | 103 | 24.6 | 28.2 % |
| Polylink Polymers (India) Ltd | 50 | 34.3 | 5.59 % |
| Nexxus Petro Industries Ltd | 46 | 8.09 | 18.8 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Indian Acrylics Ltd?
Indian Acrylics Ltd (514165) has a market capitalisation of Rs 78.5 Cr. at the 2026-10-01 close.
What were Indian Acrylics Ltd's latest quarterly results?
In the Jun 2026 quarter, Indian Acrylics Ltd sales was Rs 107 Cr (+24.1% vs Jun 2025) with a net loss of Rs 2 Cr.