INDIANACRY
Indian Acrylics financials
- Market cap
- ₹79 Cr
- Sector
- Chemicals
What Indian Acrylics Ltd does
Indian Acrylics Ltd manufactures Acrylic Fibre and Acrylic Yarn at its combined works-cum-registered office in Village Harkishanpura, Distt. Sangrur, Punjab, supplying the domestic and export textile and knitted-goods industry. The company sells both fibre and yarn forms of its acrylic output, with the balance exported. It held a wholly owned subsidiary, Carlit Trading Europe S.L.U (Spain), set up to sell its products in the European market, though that entity has been inactive since September 2021 due to weak European demand.
Segments
- Acrylic Fibre
- Acrylic Yarn
- Manufacturing plant
- 1 (Village Harkishanpura, Distt. Sangrur, Punjab)
- Acrylic Fibre production
- 16,592 MT (FY25)
- Acrylic Yarn production
- 6,275 MT (FY25)
- Acrylic Fibre sales volume
- 11,877 MT (FY25)
- Acrylic Yarn sales volume
- 6,867 MT (FY25)
- Acrylic Fibre exports
- 1,918 MT (FY25)
Quarterly results
Q1 FY27: revenue up 24.1%, net profit up 64.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 96 | 96 | 83 | 86 | 102 +7% | 89 −7% | 74 −11% | 107 +24% |
| EBITDA | -4 | 1 | 0 | -0 | 2 +145% | 3 +152% | -6 −2546% | 1 +1589% |
| Net profit | -11 | -5 | -6 | -5 | -6 +50% | -2 +55% | -11 −101% | -2 +65% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −15.5% 90D
90D: ₹3.55 on 5 Dec 2000 → ₹3. High ₹4.3 (11 Dec 2000), low ₹2.75 (19 Feb 2001).
Financials, as filed
Revenue fell 19.8% a year over 2 years, FY24 to FY26. Operating margin widened to -0.4%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹546 Cr | ₹389 Cr | ₹352 Cr |
| Operating profit | ₹-15 Cr | ₹-4 Cr | ₹-1 Cr |
| Operating margin | -2.7% | -1.0% | -0.4% |
| Interest | ₹33 Cr | ₹19 Cr | ₹17 Cr |
| Depreciation | ₹15 Cr | ₹14 Cr | ₹11 Cr |
| Net profit | ₹-54 Cr | ₹-31 Cr | ₹-24 Cr |
| Net margin | -9.9% | -7.9% | -6.8% |
| Cash from operations | ₹9 Cr | ₹-10 Cr | ₹-30 Cr |
| Free cash flow | ₹9 Cr | ₹18 Cr | ₹-28 Cr |
| ROCE | -9.0% | -6.0% | -3.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹135 Cr | ₹135 Cr | ₹135 Cr | ₹135 Cr | ₹135 Cr | ₹135 Cr |
| Reserves | ₹13 Cr | ₹-63 Cr | ₹-43 Cr | ₹-95 Cr | ₹-135 Cr | ₹-148 Cr |
| Borrowings | ₹216 Cr | ₹216 Cr | ₹184 Cr | ₹187 Cr | ₹194 Cr | ₹231 Cr |
| Other liabilities | ₹211 Cr | ₹310 Cr | ₹282 Cr | ₹171 Cr | ₹174 Cr | ₹134 Cr |
| Total liabilities | ₹575 Cr | ₹599 Cr | ₹557 Cr | ₹398 Cr | ₹368 Cr | ₹352 Cr |
| Fixed assets | ₹273 Cr | ₹254 Cr | ₹242 Cr | ₹226 Cr | ₹200 Cr | ₹194 Cr |
| Capital work in progress | ₹3 Cr | ₹2 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹299 Cr | ₹343 Cr | ₹315 Cr | ₹171 Cr | ₹167 Cr | ₹158 Cr |
| Total assets | ₹575 Cr | ₹599 Cr | ₹557 Cr | ₹398 Cr | ₹368 Cr | ₹352 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 1% to 1,02,007.
- Promoters
- 62.6%
- DIIs
- 0.1%
- Public
- 37.4%
Since Jun 2025
- Public −0.02 pp
- Promoters 0.00 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 62.6%, DIIs 0.1%, Public 37.4%.Dec '23: Promoters 62.6%, DIIs 0.1%, Public 37.4%.Mar '24: Promoters 62.6%, DIIs 0.1%, Public 37.4%.Jun '24: Promoters 62.6%, DIIs 0.1%, Public 37.4%.Sep '24: Promoters 62.6%, DIIs 0.1%, Public 37.4%.Dec '24: Promoters 62.6%, DIIs 0.1%, Public 37.4%.Mar '25: Promoters 62.6%, DIIs 0.1%, Public 37.4%.Jun '25: Promoters 62.6%, DIIs 0.1%, Public 37.4%.Sep '25: Promoters 62.6%, DIIs 0.1%, Public 37.4%.Dec '25: Promoters 62.6%, DIIs 0.1%, Public 37.4%.Mar '26: Promoters 62.6%, DIIs 0.1%, Public 37.4%.Jun '26: Promoters 62.6%, DIIs 0.1%, Public 37.4%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Indian Acrylics Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Dheeraj Garg | 16.49% | unchanged |
| Punjab State Industrial Development Corporation Ltd. | 13.55% | unchanged |
| S A B Udyog Limited | 12.47% | unchanged |
| SAB Industries Limited | 10.93% | unchanged |
| R K Garg | 3.09% | unchanged |
| Steel Strips Infrastructures Limited | 2.73% | unchanged |
| Indian Acrylics Investments Limited | 2.14% | unchanged |
| Malwa Chemtex Udyog Ltd. | 0.74% | unchanged |
| Sunena Garg | 0.21% | unchanged |
| Chandigarh Aircraft Management Services Private Limited | 0.09% | unchanged |
| Priya Garg | 0.06% | unchanged |
| Munak International Pvt. Ltd. | 0.05% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Indian Acrylics Ltd
Guides on how to read this kind of business and the numbers that matter.