Vardhman Acrylics Profile
Key Indicators
- Authorised Capital ₹ 150.00 Cr
- Paid Up Capital ₹ 80.36 Cr
- Company Age 34 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 275.23 Cr
- Revenue Growth 7.50%
- Profit Growth -66.07%
- Ebitda -81.46%
- Net Worth -46.70%
- Total Assets -37.67%
About Vardhman Acrylics
Vardhman Acrylics Limited (VAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 December 1990 and has a history of 34 years and one month. Its registered office is in Ludhiana, Punjab, India.
It is listed on the National Stock Exchange(NSE) under the ticker symbol VARDHACRLC.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 150.00 Cr and a paid-up capital of Rs 80.36 Cr.
The company has closed loans amounting to ₹275.23 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vardhman Acrylics Limited India are Satin Katyal as COMPANY SECRETARY and Raish Shaikh as Cfo. Anil Kumar, Parakh Oswal, Bhooshan Uppal, and Seven other members serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
L51491PB1990PLC019212
- Company No.
019212
- Stock Symbol
NSE : VARDHACRLC
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Dec 1990
- Date of AGM
19 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Vardhman Acrylics?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satin Katyal  | Company Secretary | 06-May-2019 | Current |
| Raish Shaikh | CFO | 08-Dec-2023 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjeev Jain | Director | 01-Nov-2023 | Current |
| Parakh Oswal | Director | 19-Jul-2022 | Current |
| Sandeep Kapur | Director | 01-Aug-2023 | Current |
| Anil Kumar | Director | 19-Jul-2022 | Current |
| Bhooshan Uppal | Director | 19-Jul-2022 | Current |
| Vivek Gupta | Whole-Time Director | 01-Nov-2023 | Current |
Financial Performance of Vardhman Acrylics.
Vardhman Acrylics Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.5% increase. The company also saw a substantial fall in profitability, with a 66.07% decrease in profit. The company's net worth observed a substantial decline by a decrease of 46.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Vardhman Acrylics?
In 2021, Vardhman Acrylics had a promoter holding of 74.97% and a public holding of 25.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
_LIMITED.webp)
Ralson (India) LimitedSandeep Kapur is a mutual person
Organica Water Solutions India Private LimitedParakh Oswal is a mutual person
Organica Water Private LimitedParakh Oswal is a mutual person
Narmada Clean TechBal Choudhary is a mutual person
Mahavir Spinning Mills Private LimitedSuchita Jain, Sachit Jain and 1 more are mutual person
Hero Ecotech LimitedAnil Kumar is a mutual person
Charges (Loans)
₹0
₹275.23 Cr
Charges 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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Mar 2016 | Others | ₹50.00 Cr | Satisfied |
| 22 Mar 2012 | Axis Bank Limited | ₹40.00 Cr | Satisfied |
| 22 Aug 2001 | I.D.B.I. | ₹88.48 Cr | Satisfied |
| 08 Jun 1999 | State Bank Of Patiala | ₹46.75 Cr | Satisfied |
| 22 May 1996 | Industrial Development Bank Of India | ₹50.00 Cr | Satisfied |
How Many Employees Work at Vardhman Acrylics?
Vardhman Acrylics has a workforce of 324 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vardhman Acrylics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vardhman Acrylics's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
