Vadivarhe SPCLTY Chem Ltd
NSE: VSCL · Other · sector
₹24.50NSE close 2026-10-22
Key numbers
Market cap₹31 cr
Price₹24.50
52w high / low₹32 / ₹16
P/E–Sector median 14.4x
P/B–Sector median 1.7x
Book value₹-13.4
Dividend yield–Sector median 0.37%
ROE–Sector median 13.8%
ROCE–Sector median 19.6%
OPM2.0%Sector median 10.4%
Debt / equity–Sector median 0.29x
EV/EBITDA33.0xSector median 8.4x
Interest cover-0.2x
Current ratio0.70x
Sales growth 3y+1.6%Sector median +7.7%
Profit growth 3y–Sector median +16.6%
PEG–
Last 12 months to Mar 2026, Standalone. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Operating profit covered interest -0.2x in the last 12 months.
- Operating cash flow was below net profit in 1 of the last 4 years (FY23).
- Net loss in 4 of the last 7 quarters.
- No dividend in the last 4 financial years.
- Price ₹24.50 on 2026-10-22: -23.0% from the 52-week high, +52.6% 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 ₹64.25 · low ₹16.70
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 22 | 14 | 26 | 14 | 23 | 17 | 29 |
| EBITDA | 2 | -1 | 5 | -2 | -4 | -2 | 3 |
| OPM % | 9.5% | -6.5% | 19.0% | -13.4% | -18.9% | -14.0% | 11.6% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 2 | -4 | 4 | -3 | -6 | -4 | 2 |
| EPS (₹) | 0.77 | -2.93 | 2.98 | -2.59 | -4.66 | -3.01 | 1.73 |
| Revenue YoY | +5.0% | +20.9% | +10.6% | ||||
| Profit YoY | -404.1% | – | -42.0% |
Standalone figures where filed. Latest quarter Mar 2026.
Profit & loss (yearly)
| ₹ cr | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|
| Revenue | 44 | 40 | 38 | 46 | 46 |
| EBITDA | 4 | 4 | -6 | 1 | 1 |
| Net profit | 2 | 0 | -9 | -2 | -2 |
| EPS (₹) | 0.90 | 0.05 | -7.25 | -1.28 | -1.28 |
| Revenue growth | -8.2% | -5.4% | +20.8% | – | |
| Profit growth | -97.4% | -15,550.0% | – | – | |
| Dividend / share (₹) | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +1.6% | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -28.6% (2y) | +0.6% |
Balance sheet
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Shareholders' equity | – | – | -3 | -17 |
| Borrowings | – | – | 36 | – |
| Cash & equivalents | – | – | 1 | 1 |
| Total assets | – | – | 43 | 39 |
| Fixed assets | – | – | 22 | 21 |
| Capital work in progress | – | – | 0 | – |
| Investments | – | – | 0 | 0 |
| Receivables | – | – | 8 | – |
| Inventory | – | – | 10 | 8 |
| Payables | – | – | 8 | – |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Cash from operations | -0 | 2 | -7 | 6 |
| Cash from investing | -1 | -1 | -1 | -1 |
| Cash from financing | 1 | -2 | 9 | -6 |
| Capex | 0 | 0 | 1 | 1 |
| Free cash flow | -0 | 2 | -9 | 6 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ROE % | – | – | 333.8% | 9.5% |
| ROCE % | – | – | -23.9% | 1.7% |
| Debtor days | – | – | 80 | – |
| Inventory days | – | – | 127 | 108 |
| Payable days | – | – | 98 | – |
| Cash conversion cycle (days) | – | – | 109 | – |
| Working capital days | – | – | -22 | -58 |
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| VSCL | ₹31 cr | – | – | – | – | 2.0% | +1.6% | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | VSCL |
| BSE code | – |
| ISIN | INE551Q01028 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results); price = NSE close 2026-10-22.