Vinati Organics Ltd
VINATIORGAVinati Organics Ltd
VINATIORGAPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
52.45 | 7.87 | 0.37% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
31.17 | 3.55 | 1.31% |
Forecast & Ratings
Detailed Forecast from 14 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Vinati Organics Limited is engaged in the manufacture of organic and inorganic chemical compounds, specialty organic intermediates and monomers.
Peers
Compare with peersGujarat Fluorochemicals Ltd
Navin Fluorine International Ltd
Akzo Nobel India Ltd
Aarti Industries Ltd
Fine Organic Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,073.86 | 980.10 | 1,676.42 | 2,125.17 | 1,938.76 | 2,126.27 | ||||||
Raw Materials | 431.50 | 415.86 | 861.13 | 1,078.53 | 1,010.18 | 1,553.66 | ||||||
Power & Fuel Cost | 52.59 | 63.38 | 120.26 | 170.31 | 140.62 | |||||||
Employee Cost | 64.28 | 72.64 | 83.99 | 99.61 | 119.03 | |||||||
Selling & Administrative Expenses | 10.63 | 13.17 | 13.66 | 31.10 | 40.10 | |||||||
Operating & Other expenses | 55.00 | 35.95 | 100.99 | 120.18 | 118.99 | |||||||
EBITDA | 459.86 | 379.10 | 496.39 | 625.44 | 509.84 | 572.61 | ||||||
Depreciation/Amortization | 33.16 | 42.91 | 45.49 | 59.02 | 72.93 | 82.57 | ||||||
PBIT | 426.70 | 336.19 | 450.90 | 566.42 | 436.91 | 490.04 | ||||||
Interest & Other Items | 2.04 | 0.95 | 1.65 | 3.26 | 4.95 | 2.11 | ||||||
PBT | 424.66 | 335.24 | 449.25 | 563.16 | 431.96 | 487.93 | ||||||
Taxes & Other Items | 90.84 | 65.91 | 102.63 | 144.01 | 108.99 | 118.33 | ||||||
Net Income | 333.82 | 269.33 | 346.62 | 419.15 | 322.97 | 369.60 | ||||||
EPS | 32.48 | 26.20 | 33.72 | 40.78 | 31.29 | 35.65 | ||||||
DPS | 5.50 | 6.00 | 6.50 | 7.00 | 7.00 | 7.00 | ||||||
Payout ratio | 0.17 | 0.23 | 0.19 | 0.17 | 0.22 | 0.20 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
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PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
MaterialsSpecialty Chemicals
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Vinati Organics Ltd | 60.02 | 7.87 | 0.37% |
Gujarat Fluorochemicals Ltd | 112.50 | 8.24 | 0.07% |
Navin Fluorine International Ltd | 66.87 | 7.59 | 0.41% |
Akzo Nobel India Ltd | 38.22 | 12.26 | 1.82% |
Price Comparison
Compare VINATIORGA with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Vinati Organics Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Canara Robeco Emerging Equities - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.1215% | Percentage of the fund’s portfolio invested in the stock 0.88% | Change in the portfolio weight of the stock over the last 3 months 0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 27/96 (+2) |
Mirae Asset Large Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8712% | Percentage of the fund’s portfolio invested in the stock 0.43% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 36/91 (0) |
Canara Robeco Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6823% | Percentage of the fund’s portfolio invested in the stock 1.02% | Change in the portfolio weight of the stock over the last 3 months 0.18% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 22/77 (+6) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
VINATIORGA has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.37%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.74 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 3, 2024
Dividend/Share
₹7.00
Ex DateEx Date
Sep 3, 2024
Cash Dividend
Ex DateEx DateSep 1, 2023
Dividend/Share
₹7.00
Ex DateEx Date
Sep 1, 2023
Cash Dividend
Ex DateEx DateSep 6, 2022
Dividend/Share
₹6.50
Ex DateEx Date
Sep 6, 2022
Cash Dividend
Ex DateEx DateJun 24, 2021
Dividend/Share
₹6.00
Ex DateEx Date
Jun 24, 2021
Cash Dividend
Ex DateEx DateSep 17, 2020
Dividend/Share
₹0.50
Ex DateEx Date
Sep 17, 2020
Vinati Organics has appointed Amit Thanawala (DIN: 10864545) as an Additional Director designated as Whole Time Director of the Company with effect from 13 December 2024, for a term of 5 (Five) consecutive years, subject to the approval of the shareholders. Powered by Capital Market - Live
Vinati Organics announced that Jayesh Ashar (DIN: 00041532) has tendered his resignation as a Whole Time Director of the Company, with effect from 02 December 2024.Powered by Capital Market - Live
Net profit of Vinati Organics rose 44.06% to Rs 104.36 crore in the quarter ended September 2024 as against Rs 72.44 crore during the previous quarter ended September 2023. Sales rose 19.53% to Rs 553.32 crore in the quarter ended September 2024 as against Rs 462.93 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales553.32462.93 20 OPM %24.1722.63 - PBDT155.87114.46 36 PBT133.5497.15 37 NP104.3672.44 44 Powered by Capital Market - Live
Vinati Organics will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live
Vinati Organics has subscribed to the additional 4,26,48,200 fully paid-up equity shares of the face value of Rs 10/- each at par, amounting to Rs 42.64 crore by way of subscription towards the rights issue of Veeral Organics, a wholly owned subsidiary, the shares rank pari-passu to existing equity shares of the company.Powered by Capital Market - Live
The agency has also affirmed the company's short-term rating at 'CARE A1+'. CARE Ratings stated that the ratings assigned to bank facilities of Vinati Organics (VOL) draw significant comfort from its market leadership in its two key products, 2-acrylamido-2-methylpropane sulfonic acid (ATBS) and isobutyl benzene (IBB) ' in the global market. CARE Ratings believes that VOL's competitive advantage in both its product segments is expected to sustain in the medium term, as the manufacturing processes are not easy to replicate, and the same acts as an entry barrier for new entrants. Ratings continue to derive strength from the long-track record and experience of the promoters in the speciality organic chemical industry. VOL continues to benefit from long-term relationship with an established and reputed clientele across geographies. The backward integrated manufacturing process with zero discharge and VOL's cost-efficient operations acts as an entry barrier for new entrants. Ratings derive strength from the healthy cash flows from operations, the favourable capital structure, strong liquidity, and debt coverage indicators. Ratings continue to be tempered by the concentration of its total operating income (TOI) from limited key products and VOL's operating margin susceptible to raw material price and foreign exchange fluctuations. The credit rating agency said that significantly growing TOI on the back of increased demand from the existing products and effective diversification in product profile while maintaining an operating margin of around 27-30% could lead to a positive rating action. However, factors like significant debt-funded organic or inorganic expansion undertaken by the company that will adversely impact its capital structure and weakening of its return on capital employed (ROCE) below 15% having an adverse impact on its debt coverage indicators could lead to a negative rating action. Vinati Organics is one of India's leading manufacturers and exporters of specialty organic intermediaries, monomers, and polymers. VOL is the world's largest manufacturer of isobutyl benzene (IBB) and 2-Acrylamido 2-Methylpropane Sulfonic Acid (ATBS). The scrip shed 0.14% to currently trade at Rs 1989.95 on the BSE. Powered by Capital Market - Live
Vinati Organics announced that the 35th Annual General Meeting (AGM) of the company will be held on 10 September 2024.Powered by Capital Market - Live
Net profit of Vinati Organics rose 21.27% to Rs 84.16 crore in the quarter ended June 2024 as against Rs 69.40 crore during the previous quarter ended June 2023. Sales rose 19.60% to Rs 524.71 crore in the quarter ended June 2024 as against Rs 438.73 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales524.71438.73 20 OPM %23.7622.88 - PBDT133.48109.23 22 PBT112.1292.50 21 NP84.1669.40 21 Powered by Capital Market - Live
Vinati Organics will hold a meeting of the Board of Directors of the Company on 10 August 2024.Powered by Capital Market - Live
Vinati Organics - ATBS Spread Contraction A Key Monitorable: Nirmal Bang
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant