What we do Indian Acrylics Ltd is a leading Indian manufacturer specializing in acrylic fiber, acrylic tow, and acrylic yarn, with technical collaboration from DuPont, focusing on innovative fiber solutions. |
Founded in 1,986 |
Market share Largest acrylic fiber manufacturer in India with significant export presence despite competitive imports. |
Problem solved Addresses demand for high-quality acrylic fibers and yarns used in textiles, combating import pressures with innovative, high-shrink and dyed yarn varieties. |
Top clients or who we serve Serves textile manufacturers and yarn spinners across India and export markets; B2B focused. |
Key management Alok Goyal (Executive Director), Dheeraj Garg (Additional Managing Director). |
Our journey and innovations Incorporated in 1986, introduced world-first 0.9 denier fiber in 2000-01, expanded capacity to 42,000 TPA, started energy-efficient power generation and international subsidiaries. |
Where we operate Primarily India with exports to Europe, China, and other countries; subsidiary Carlit Trading Europe operates in Spain. |
Top products or what we offer Acrylic fiber (including micro-denier types) and acrylic yarn, along with dyed and bright tops for knitting industry. |
Top brands - |
Raw materials needed Acrylic monomer and chemicals for fiber production. |
Raw materials supplier Supplied by chemical manufacturers; specifics not detailed. |
Recurring vs cyclical contribution Revenues show cyclical trends affected by import competition and export demand, with some recurring customer contracts. |
Our industry position Market leader in domestic acrylic fibers; faces import challenges affecting yarn segment profitability. |
Financial highlights FY 2024-25 Revenue Rs.389.33 crores; Net Loss Rs.30.87 crores; EBITDA positive at Rs.1.34 crores. |
Geographical revenue split Domestic sales Rs.313.79 crores; exports Rs.75.54 crores in recent year. |
Order book - |
Whats driving growth Government anti-dumping duties, innovation in fiber deniers, capacity enhancements, and energy cost reductions. |
Our future plans Capacity expansion in worsted spindles, enhanced R&D on dyed yarns, and cost efficiency initiatives. |
Our green promise Operates biomass-based 8MW power plant exporting surplus to grid; focuses on energy conservation and environmental compliance. |
Our people and values Committed to employee safety, diversity, and harmonious industrial relations. |
Key challenges ahead Undervalued imports impacting sales and margins; volatility in raw material prices; regulatory dependencies. |
Interesting facts Pioneered 0.9 denier fiber globally and operates a biomass-based power plant reducing fuel costs. |
Risks and strategy Managing import competition through government support and capacity optimization; focusing on R&D and export diversification. |