Vardhman Group ventured into the manufacture of Acrylic Fiber/Tow in 1999. The joint venture, Vardhman Acrylics (VAL) was set up together with two leading Japanese business houses namely Japan Exlan Co. a part of Toyobo Group of Japan and Marubeni Corporation Japan. Japan Exlan Co. Ltd. is a pioneer in manufacturing of Acrylic Fibre while Marubeni Corporation is trading houses in the world, with over 200 representative offices & more than 650 affiliated companies in 90 countries.

Today VAL is an important acrylic fibre producer and its state-of-the-art Wet Spun technology, highly automated and microprocessor controlled plant with distributed Controlled Systems, is one of the most sophisticated acrylic fibre plant in the world producing consistently superior quality fibre.

Vardhman is a major integrated textile producer in India. The group was set up in 1965 at Ludhiana, Northern India. Since then, the group has expanded manifold and is today, perhaps, the largest textile conglomerate in India.

The group portfolio includes manufacturing and marketing of Yarns, Fabrics, Sewing Threads, Fibre and Alloy Steel. The company has set up a 18000 TPA Acrylic Staple Fibre and tow production plant at Jhagadia, Distt. Bharuch in the state of Gujarat, India.

The world class wet spun technology for the manufacture of acrylic fiber / tow has been sourced from Japan Exlan Co. Japan. It is a state of the art, highly automated production facility making it amongst the most advanced plants of its type in the world.

VARLAN fibre has achieved a high order of recognition in Indian market for use in a very wide variety of applications like hand knitting yarns; machine knitting yarns for jerseys, sweaters etc.; sarees; dress materials; upholstery; furnishings; velvets; blankets; carpets and many more. The endeavors for developing newer and exciting applications of VARLAN fibre continue in close association with the users.

Product range of the company includes:

Vardhman Acrylics Ltd.

Banswara Syntex Ltd.

Sarla Performance Fibers Ltd.

Pasupati Acrylon Ltd.

JBF Industries Ltd.

Indo Rama Synthetics (India) Ltd.

Ganesha Ecosphere Ltd.

Raj Rayon Industries Ltd.

HDFC Bank Ltd.

ICICI Bank Ltd.

ITC Ltd.

Reliance Industries Ltd.

Tata Motors Ltd.

Market Cap	406 Cr		EPS	2.9		High	52.8
Stock P/E	17.6		Net Profit Margin	NA		Low	51.6

Open Price	50.5	Volume	26
Prev. Close	50.5

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