Vardhman Acrylics Profile
Key Indicators
- Authorised Capital ₹ 150.00 Cr
as on 04-10-2024
- Paid Up Capital ₹ 80.36 Cr
as on 04-10-2024
- Company Age 33 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 275.23 Cr
as on 04-10-2024
- Revenue 7.50%
(FY 2022)
- Profit -66.07%
(FY 2022)
- Ebitda -81.46%
(FY 2022)
- Net Worth -46.70%
(FY 2022)
- Total Assets -37.67%
(FY 2022)
About Vardhman Acrylics
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 2023. 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 Raish Shaikh as CFO and Satin Katyal as Company Secretary. Anil Kumar, Shri Oswal, Bal Choudhary, and Seven other members serve as directors at the Company.
- 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
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Vardhman Acrylics?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raish Shaikh | CFO | Current | |
Satin Katyal  | Company Secretary | 06-May-2019 | Current |
Board Members(10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjeev Jain | Director | Current | |
| Parakh Oswal | Director | 19-Jul-2022 | Current |
| Sandeep Kapur | Director | 01-Aug-2023 | Current |
| Anil Kumar | Director | 19-Jul-2022 | Current |
| Shri Oswal | Director | 24-Dec-1990 | Current |
| Bal Choudhary | Director | 02-May-2024 | Current |
Financial Performance and Corporate Structure Insights 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
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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)
Organica Water Solutions India Private LimitedActive 7 years 6 monthsParakh Oswal is a mutual person
Mahavir Spinning Mills Private LimitedActive 46 years 7 monthsShri Oswal, Sachit Jain and 1 more are mutual person
_LIMITED.webp)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 10 Mar 2016 | ₹50.00 Cr | Satisfied |
Axis Bank Limited Creation Date: 22 Mar 2012 | ₹40.00 Cr | Satisfied |
I.D.B.I. Creation Date: 22 Aug 2001 | ₹88.48 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.
