vardhman acrylics ltd (VAL:Natl India)
vardhman acrylics ltd (VAL) Snapshot
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Open
10.60
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Previous Close
10.60
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Day High
10.60
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Day Low
10.60
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52 Week High
10/29/12 - 12.95
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52 Week Low
06/4/12 - 7.90
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Market Cap
1.2B
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Average Volume 10 Days
9.4K
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EPS TTM
2.26
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Shares Outstanding
108.5M
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EX-Date
--
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P/E TM
4.7x
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Dividend
--
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Dividend Yield
--
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Related News
vardhman acrylics ltd (VAL) Related Businessweek News
No Related Businessweek News Foundvardhman acrylics ltd (VAL) Details
Vardhman Acrylics Limited engages in the manufacture of acrylic fiber/tow in India. Its products are used in hosiery products, such as sweaters and cardigans, mufflers, T – shirts, scarves, underwear, shirting, track-suits, shalwar kamiz, children clothes, and jersey; weaving products, including shawls, lohis, check shirts, ladies suits, plain cloths, bed spreads, and sarees; home furnishing products comprising mink blankets, woven blankets, embroidery, table mats, bath mats, awnings, upholstery, curtains, carpets, and shoe laces; industrial products consisting of industrial filters, non wovens, and tents; and other applications, which include fur fabrics, soft toys, rugs, draperies, and wigs. The company was founded in 1990 and is based in Gurgaon, India. Vardhman Acrylics Limited is a subsidiary of Vardhman Textiles Ltd.
vardhman acrylics ltd (VAL) Key Developments
Vardhman Acrylics Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 1,143.8 million against INR 1,099.1 million a year ago. Profit from operations before other income, finance costs & exceptional items was INR 96.2 million against INR 69.8 million a year ago. Profit from ordinary activities before tax was INR 95.7 million against INR 68.5 million a year ago. Net profit was INR 65.7 million or INR 0.63 per basic and diluted share before and after extraordinary items against INR 43.7 million or INR 0.40 per basic and diluted share before and after extraordinary items a year ago. For the half year, the company reported net sales/income from operations (net of excise duty) of INR 3,352.3 million against INR 3,051.2 million a year ago. Profit from operations before other income, finance costs & exceptional items was INR 284.4 million against INR 176.5 million a year ago. Profit from ordinary activities before tax was INR 280.1 million against INR 173.2 million a year ago. Net profit was INR 190.1 million or INR 1.82 per basic and diluted share before and after extraordinary items against INR 114.4 million or INR 1.05 per basic and diluted share before and after extraordinary items a year ago.
Vardhman Acrylics Ltd. announced that they will report Q3, 2013 results on Feb 02, 2013
Vardhman Acrylics Ltd., Board Meeting, Feb 02, 2013. Agenda: To consider and approve/take on record the un-audited financial results of the company for the quarter ended December 31, 2012.
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Industry Analysis
VAL
Industry Average
| Valuation | VAL | Industry Range |
| Price/Earnings | 3.4x |
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| Price/Sales | 0.3x |
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| Price/Book | 0.4x |
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| Price/Cash Flow | 2.2x |
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| TEV/Sales | 0.1x |
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To contact VARDHMAN ACRYLICS LTD, please visit www.vardhmanacrylics.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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