Pasupati Acrylon Limited (PASUPTAC) AI Stock Analysis

Pasupati Acrylon Limited

(NSE:PASUPTAC)

Select Model

Rating:73Outperform

Price Target:INR 76.00▲(11.57% Upside)

Action:reiterated

Date:10/15/26

The score is driven mainly by improving financial performance but tempered by inconsistent cash generation and historically volatile free cash flow. Technicals are strong with price trading above key moving averages and positive MACD, while valuation is attractive due to a low P/E.

Positive Factors

Revenue and Profit ReboundThe latest annual rebound shows stronger demand and substantially improved earnings power. If the company can sustain this level of activity, higher revenue and profit provide greater capacity to fund operations, support investment, and strengthen its competitive position over the next several quarters.

Negative Factors

Volatile Operating PerformanceThe sharp variation in revenue and earnings makes the recent improvement less dependable as a measure of normalized performance. Persistent operating volatility can complicate production planning, weaken confidence in recurring profitability, and make future investment and financing decisions more difficult.

Pasupati Acrylon Limited (PASUPTAC) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 6.08B
Dividend Yield: ―
Average Volume (3M): 26.93K
Price to Earnings (P/E): 6.4
Beta (1Y): 1.06
Revenue Growth: 51.22%
EPS Growth: 269.24%
Country: India
Employees: 540
Sector: General
Sector Strength: 55
Industry: Manufacturing - Textiles

Pasupati Acrylon Limited Business Overview & Revenue Model

Company Description

Pasupati Acrylon Limited is an Indian enterprise primarily involved in the production and distribution of acrylic fibers and cast polypropylene (CPP) films. The company's acrylic fiber offerings, marketed under the ACRYLON brand, encompass a diverse...

How the Company Makes Money

Pasupati Acrylon Limited primarily makes money by manufacturing and selling acrylic fibre to customers that convert the fibre into yarn, fabrics, and other end products. Its revenue model is therefore largely volume-and-price driven: revenue increase...

Pasupati Acrylon Limited Financial Statement Overview

Summary

Strong latest-year rebound with ~20% YoY revenue growth and net income roughly doubling, but operating results have been volatile across years. Balance sheet leverage is still manageable (debt ~25% of equity) yet higher than prior periods, while cash flow is the key weakness with historically inconsistent operating cash flow and large negative free cash flow in 2024–2025 despite a recent improvement.

Income Statement

78Positive

Balance Sheet

72Positive

Cash Flow

48Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	10.32B	10.10B	6.21B	5.73B	8.28B	7.75B
Gross Profit	2.88B	2.53B	1.66B	1.17B	2.10B	1.65B
EBITDA	1.45B	1.19B	448.40M	248.09M	582.00M	712.14M
Net Income	955.60M	699.20M	353.80M	131.90M	359.11M	458.97M
Balance Sheet
Total Assets	0	6.38B	5.95B	4.99B	4.58B	4.25B
Cash, Cash Equivalents and Short-Term Investments	1.50B	1.50B	1.17B	1.21B	1.12B	1.05B
Total Debt	0	1.07B	1.08B	442.30M	1.30M	587.00K
Total Liabilities	-4.35B	2.02B	2.31B	1.70B	1.43B	1.46B
Stockholders Equity	4.35B	4.35B	3.64B	3.29B	3.16B	2.80B
Cash Flow
Free Cash Flow	-25.70M	314.40M	-969.00M	-217.89M	259.00M	-155.26M
Operating Cash Flow	50.80M	463.30M	67.20M	727.12M	300.20M	-131.68M
Investing Cash Flow	101.30M	-199.50M	-815.50M	-1.02B	-774.40M	251.05M
Financing Cash Flow	-45.60M	-7.00M	616.20M	420.45M	-35.40M	-39.98M

Pasupati Acrylon Limited Technical Analysis

Technical Analysis SentimentNeutral

Last Price68.12

Price Trends

50DMA69.62Negative

100DMA65.99Positive

200DMA58.24Positive

Market Momentum

MACD-0.18Positive

RSI44.42Neutral

STOCH18.14Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PASUPTAC, the sentiment is Neutral. The current price of 68.12 is below the 20-day moving average (MA) of 72.44, below the 50-day MA of 69.62, and above the 200-day MA of 58.24, indicating a neutral trend. The MACD of -0.18 indicates Positive momentum. The RSI at 44.42 is Neutral, neither overbought nor oversold. The STOCH value of 18.14 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:PASUPTAC.

Pasupati Acrylon Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:PASUPTAC against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:VARDHACRLC	75Outperform	INR 3.17B	7.01	―	3.81%	12.39%	343.44%
IN:PASUPTAC	73Outperform	INR 6.07B	6.36	―	―	51.22%	269.24%
IN:INDORAMA	61Neutral	INR 19.11B	9.05	―	―	-4.69%	48.44%
IN:VARDMNPOLY	57Neutral	INR 2.31B	0.72	―	―	-15.18%	806.26%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:GINNIFILA	53Neutral	INR 3.48B	9.80	―	―	-6.94%	140.06%
IN:BANSWRAS	48Neutral	INR 3.30B	8.88	―	1.03%	2.91%	89.10%

* General Sector Average

Performance Comparison

IN:PASUPTAC and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:PASUPTAC	Pasupati Acrylon Limited	68.12	12.85	23.25%
IN:BANSWRAS	Banswara Syntex Ltd	96.45	-17.92	-15.67%
IN:GINNIFILA	Ginni Filaments Limited.	40.64	-4.07	-9.10%
IN:INDORAMA	Indo Rama Synthetics (India) Limited	73.20	-0.63	-0.85%
IN:VARDHACRLC	Vardhman Acrylics Ltd.	39.41	-0.99	-2.44%
IN:VARDMNPOLY	Vardhman Polytex Ltd	4.79	-3.17	-39.82%

Pasupati Acrylon Limited Corporate Events

Pasupati Acrylon Wins Approval to Boost Ethanol Plant Capacity

Oct 13, 2026

Pasupati Acrylon Limited has received consent from the Excise Department of the Uttar Pradesh government to increase the operational manufacturing capacity of its ethanol plant from 180 kiloliters per day to 240 kiloliters per day. The expanded capac...

Pasupati Acrylon Publishes Notice for 43rd AGM, E-Voting and Book Closure

Aug 17, 2026

Pasupati Acrylon Limited has notified exchanges that it has published newspaper advertisements announcing its 43rd Annual General Meeting, along with details on remote e-voting and the book closure period for shareholders. The notices, carried in Fin...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 14, 2026

Pasupati Acrylon Limited AI Stock Analysis