What we do Vardhman Acrylics Ltd manufactures and supplies acrylic fibre and tow used in hosiery, weaving, home furnishings, and industrial applications primarily in India. |
Founded in 1,990 |
Market share A notable player in Indian acrylic fibre market facing competition from low-priced imports. |
Problem solved Provides high-quality acrylic fibre solutions to textile and industrial sectors amidst global supply challenges. |
Top clients or who we serve B2B serving hosiery, weaving, home furnishing, and industrial textile sectors in India and select exports. |
Key management - |
Our journey and innovations Incorporated in 1990, commenced production in 1999, expanded capacity to 20,000 MT, and added new plant in 2022-23. |
Where we operate Operations primarily in India with minimal exports outside India. |
Top products or what we offer Acrylic Staple Fibre and Tow with production capacity up to 38,000 TPA including new Jhagadia plant. |
Top brands - |
Raw materials needed Acrylonitrile, a crude oil derivative imported mainly from Asia. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely recurring, tied to consistent fibre production and sales cycles. |
Our industry position Leading Indian acrylic fibre producer; faces margin pressure from imports and industry overcapacity. |
Financial highlights FY 2024-25 revenue ₹281.57 Cr, PAT ₹11.82 Cr, EBITDA margin 6.85%, decline due to lower utilisation and pricing pressures. |
Geographical revenue split India contributes approximately 99.5% revenue; minor export contribution 0.5%. |
Order book - |
Whats driving growth Domestic demand, capacity expansions, and innovation drive growth despite global market pressures. |
Our future plans Focus on capacity utilization, operational efficiency, and countering import competition. |
Our green promise Emphasis on energy conservation and sustainability practices in manufacturing. |
Our people and values About 318 employees; focus on training, safety, and harmonious industrial relations. |
Key challenges ahead Low-priced imports, acrylonitrile price volatility, global acrylic fibre overcapacity, and climate change impacts. |
Interesting facts Technology sourced from Japan; longstanding collaborations with global technology partners. |
Risks and strategy Mitigating import competition via protective tariffs; managing raw material cost volatility through strategic sourcing. |
