Vinati Organics Ltd

NSE: VINATIORGA · Specialty Chemicals · sector

₹1,057.30NSE close 2026-10-26

Key numbers

Market cap₹10,964 cr

Price₹1,057.30

52w high / low₹1,710 / ₹1,057

P/E24.4xSector median 22.6x

P/B3.5xSector median 2.6x

Book value₹304.9

Dividend yield0.71%Sector median 0.60%

ROE15.1%Sector median 10.6%

ROCE19.0%Sector median 12.9%

OPM27.9%Sector median 12.1%

Debt / equity0.00xSector median 0.18x

EV/EBITDA16.2xSector median 15.1x

Interest cover12,028.0x

Current ratio5.40x

Sales growth 3y+2.2%Sector median +5.0%

Profit growth 3y-1.1%Sector median +0.9%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 107 companies in Specialty Chemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹197 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
Operating profit covered interest 12,028.0x in the last 12 months.
No promoter shares are pledged.
Operating cash flow was below net profit in 1 of the last 5 years (FY22).
Revenue was higher than a year earlier in 2 of the last 4 quarters.
Other income was 12% of net profit in the last 12 months.
Debtor days went from 102 (FY24) to 85 (FY26).
Dividend paid in 5 of the last 5 financial years.
Price ₹1,057.30 on 2026-10-26: -38.2% from the 52-week high, 0.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹2,086.35 · low ₹1,057.30

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	553	522	648	542	550	531	604	696
EBITDA	134	142	180	160	167	157	170	170
OPM %	24.2%	27.3%	27.8%	29.5%	30.4%	29.5%	28.2%	24.5%
Other income	22	7	6	7	16	9	20	9
Net profit	104	94	123	104	115	101	124	109
EPS (₹)	10.06	9.04	11.87	10.05	11.08	9.73	11.95	10.50
Revenue YoY					-0.6%	+1.7%	-6.9%	+28.4%
Profit YoY					+10.1%	+7.6%	+0.7%	+4.5%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	1,616	2,085	1,900	2,248	2,227	2,381
EBITDA	434	595	470	581	654	665
Net profit	347	458	323	405	444	448
EPS (₹)	33.72	44.56	31.15	39.09	42.80	43.26
Revenue growth		+29.0%	-8.9%	+18.3%	-0.9%	+5.1%
Profit growth		+32.1%	-29.5%	+25.5%	+9.5%	+5.4%
Dividend / share (₹)	6.00	6.50	7.00	7.00	7.50

Compounded growth	3 years	5 years	Last 12 months
Sales	+2.2%	+18.5%	+5.1%
Net profit	-1.0%	+10.5%	+5.4%
EPS	-1.3%	+10.3%	–
Share price	–	-25.0% (2y)	-35.3%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	2,218	2,462	2,793	3,162
Borrowings	–	0	5	63	0
Cash & equivalents	–	206	38	14	197
Total assets	–	2,547	2,840	3,279	3,590
Fixed assets	–	881	1,488	1,724	2,122
Capital work in progress	–	235	249	438	214
Investments	–	33	39	26	0
Receivables	–	470	530	592	521
Inventory	–	191	199	221	311
Payables	–	118	101	148	121

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	127	577	332	458	558
Cash from investing	-255	-367	-348	-443	-414
Cash from financing	-47	-86	-108	-16	-141
Capex	174	278	398	500	270
Free cash flow	-47	299	-66	-42	288

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	20.6%	13.1%	14.5%	14.0%
ROCE %	–	27.8%	17.7%	18.8%	18.8%
Debtor days	–	82	102	96	85
Inventory days	–	64	72	68	110
Payable days	–	40	36	45	43
Cash conversion cycle (days)	–	106	138	119	152
Working capital days	–	136	148	118	162

Shareholding

Holder	% (2026-09-30)
Promoters	74.28%
FIIs	3.64%
DIIs	9.00%
of which Mutual funds	8.40%
of which Insurance	0.55%
Government	0.00%
Public (non-institutions)	13.07%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	74.28%	74.28%	74.28%	74.28%	74.28%	74.28%	74.28%	74.28%

Promoter group	%
Suchir Chemicals Private Limited	45.87%
Vinod Saraf Family Trust (Trustee Vinod Saraf)	13.41%
Kavita Vinod Saraf Family Trust (Trustee Kavita Vinod Saraf)	11.97%
Vinati Saraf Mutreja	1.17%
Viral Saraf Mittal	1.01%
Viral Alkalis Limited	0.44%
Vinod Saraf	0.41%
Kavita Saraf	0.00%

Public holders above 1%	%
Canara Robeco Mutual Fund A/C Canara Robeco Flexi CAP Fund	2.99%
Aditya Birla SUN Life Mutual Fund - Aditya Birla SUN Life Retirement Fund - the 40S Plan	2.61%
Nippon Life India Trustee Ltd-a/c Nippon India Small CAP Fund	1.20%
ICICI Prudential Multi-asset Fund	1.03%

84,079 shareholders. Pledged: 0.00% of promoter shares.

Peers in Specialty Chemicals

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
PIDILITIND	₹1,50,431 cr	56.8x	13.9x	25.7%	33.4%	24.5%	+7.4%	1.01%
FLUOROCHEM	₹46,168 cr	75.4x	5.9x	8.1%	10.0%	25.6%	-4.2%	0.07%
NAVINFLUOR	₹39,306 cr	49.7x	9.9x	23.9%	22.2%	33.7%	+16.8%	0.18%
DEEPAKNTR	₹19,676 cr	25.1x	3.4x	14.0%	15.3%	15.4%	-0.4%	0.52%
AETHER	₹19,529 cr	82.8x	8.0x	10.1%	11.4%	30.9%	+21.2%	–
ATUL	₹15,762 cr	19.8x	2.5x	11.9%	16.9%	17.9%	+7.9%	0.47%
AARTIIND	₹15,539 cr	29.3x	2.6x	9.2%	8.0%	14.9%	+7.8%	0.24%
FINEORG	₹15,328 cr	35.0x	5.8x	17.7%	21.3%	21.7%	-7.8%	0.22%
BASF	₹13,174 cr	20.5x	3.3x	16.9%	22.0%	5.9%	+3.1%	0.66%
VINATIORGA	₹10,964 cr	24.4x	3.5x	15.1%	19.0%	27.9%	+2.2%	0.71%

All 107 companies in Specialty Chemicals →

Dividends & corporate actions

Ex-date	Action	Detail
2026-09-16	Dividend	Dividend - Rs 8.50 Per Share
2025-09-19	Dividend	Dividend - Rs 7.50 Per Share
2024-09-03	Dividend	Dividend - Rs 7 Per Share
2023-09-01	Dividend	Annual General Meeting/Dividend - Rs 7 Per Share
2022-09-06	Dividend	Annual General Meeting/Dividend - Rs 6.50 Per Share
2021-06-24	Dividend	Annual General Meeting/Dividend - Rs 6 Per Share
2020-09-17	Dividend	Annual General Meeting/Dividend - Rs 0.50 Per Share
2020-03-12	Dividend	Interim Dividend - Rs 5 Per Share
2020-02-05	Split	Face Value Split (Sub-Division) - From Rs 2/- Per Share To Rs 1/- Per Share
2019-07-16	Dividend	Annual General Meeting/ Dividend - Rs 7 Per Share
2018-07-17	Dividend	Annual General Meeting / Dividend- Rs 4.50 Per Share
2017-08-31	Buyback	Buyback
2017-07-18	Dividend	Annual General Meeting/Dividend-Re 0.50 Per Share
2016-07-25	Dividend	Annual General Meeting/ Dividend -Re 0.50/- Per Share
2016-03-21	Dividend	Interim Dividend - Rs 3.50/- Per Share (Purpose Revised)
2015-07-28	Dividend	Annual General Meeting/ Dividend - Rs 3.50/- Per Share
2014-07-28	Dividend	Annual General Meeting/Dividend Rs 3 Per Equity Share
2013-07-23	Dividend	Annual General Meeting/Dividend Rs 2.50 Per Equity Share
2012-08-21	Dividend	Annual General Meeting And Dividend - Rs.2/- Per Share
2011-07-19	Dividend	Annual General Meeting And Dividend Rs.1.30 Per Share

Documents

Links go to the original files on the exchange website.

About the company

Manufacturing: Chemical and Chemical Products


Sector	Commodities
Industry	Specialty Chemicals
Sub-industry	Specialty Chemicals
Symbol	VINATIORGA
BSE code	524200
ISIN	INE410B01037
Face value	₹1.0
Incorporated	1989-06-15
Website	www.vinatiorganics.com
Plants (India / abroad)	3 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.