Vinati Organics Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 10:02 am

Market Cap	16,739 Cr.
Current Price	1,615
High / Low	2,331/1,462
Stock P/E	42.7
Book Value	249
Dividend Yield	0.43 %
ROCE	18.5 %
ROE	13.8 %
Face Value	1.00
PEG Ratio	5.60

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Vinati Organics Ltd

Competitors of Vinati Organics Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Hindustan Organic Chemicals Ltd	180 Cr.	26.8	62.7/22.4		14.6	0.00 %	1.15 %	%	10.0
Vinati Organics Ltd	16,739 Cr.	1,615	2,331/1,462	42.7	249	0.43 %	18.5 %	13.8 %	1.00
Seya Industries Ltd	49.0 Cr.	18.5	38.8/18.4		311	0.00 %	0.32 %	0.42 %	10.0
Industry Average	8,459.50 Cr	553.43		42.70	191.53	0.14%	6.66%	7.11%	7.00

All Competitor Stocks of Vinati Organics Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	369	486	506	566	517	519	439	463	448	550	525	553	522
Expenses	276	347	375	418	369	372	338	358	333	400	400	419	379
Operating Profit	93	139	131	148	148	147	100	105	115	150	125	134	143
OPM %	25%	29%	26%	26%	29%	28%	23%	23%	26%	27%	24%	24%	27%
Other Income	15	15	19	20	11	12	10	11	9	10	9	22	7
Interest	0	0	0	0	0	1	1	1	1	1	0	0	0
Depreciation	12	12	13	13	17	17	17	17	19	19	20	21	20
Profit before tax	96	142	136	155	142	142	93	97	103	140	114	136	129
Tax %	13%	29%	26%	25%	25%	26%	25%	25%	25%	25%	25%	22%	26%
Net Profit	83	101	101	116	107	105	69	72	77	104	86	106	96
EPS in Rs	8.10	9.84	9.85	11.29	10.40	10.18	6.75	7.05	7.49	10.08	8.30	10.24	9.22

Last Updated: February 28, 2025, 4:16 pm

Below is a detailed analysis of the quarterly data for Vinati Organics Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹522.00 Cr.. The value appears to be declining and may need further review. It has decreased from 553.00 Cr. (Sep 2024) to ₹522.00 Cr., marking a decrease of 31.00 Cr..
For Expenses, as of Dec 2024, the value is ₹379.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 419.00 Cr. (Sep 2024) to ₹379.00 Cr., marking a decrease of 40.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹143.00 Cr.. The value appears strong and on an upward trend. It has increased from 134.00 Cr. (Sep 2024) to ₹143.00 Cr., marking an increase of ₹9.00 Cr..
For OPM %, as of Dec 2024, the value is 27.00%. The value appears strong and on an upward trend. It has increased from 24.00% (Sep 2024) to 27.00%, marking an increase of 3.00%.
For Other Income, as of Dec 2024, the value is ₹7.00 Cr.. The value appears to be declining and may need further review. It has decreased from 22.00 Cr. (Sep 2024) to ₹7.00 Cr., marking a decrease of 15.00 Cr..
For Interest, as of Dec 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹20.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 21.00 Cr. (Sep 2024) to ₹20.00 Cr., marking a decrease of 1.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹129.00 Cr.. The value appears to be declining and may need further review. It has decreased from 136.00 Cr. (Sep 2024) to ₹129.00 Cr., marking a decrease of 7.00 Cr..
For Tax %, as of Dec 2024, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 22.00% (Sep 2024) to 26.00%, marking an increase of 4.00%.
For Net Profit, as of Dec 2024, the value is ₹96.00 Cr.. The value appears to be declining and may need further review. It has decreased from 106.00 Cr. (Sep 2024) to ₹96.00 Cr., marking a decrease of 10.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 9.22. The value appears to be declining and may need further review. It has decreased from ₹10.24 (Sep 2024) to 9.22, marking a decrease of ₹1.02.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:25 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	554	696	772	631	641	730	1,128	1,029	954	1,616	2,066	1,900	2,150
Expenses	434	543	580	424	423	531	703	614	601	1,180	1,493	1,429	1,598
Operating Profit	120	153	192	207	218	198	425	415	353	435	573	471	552
OPM %	22%	22%	25%	33%	34%	27%	38%	40%	37%	27%	28%	25%	26%
Other Income	4	9	9	6	12	31	30	45	26	61	52	39	48
Interest	12	18	10	8	3	2	2	2	1	2	3	5	1
Depreciation	10	15	18	19	22	23	27	33	43	45	59	73	80
Profit before tax	103	129	174	187	206	203	425	425	335	449	563	432	518
Tax %	33%	33%	33%	29%	32%	29%	34%	21%	20%	23%	26%	25%
Net Profit	69	86	116	132	140	144	282	334	269	347	419	323	392
EPS in Rs	6.97	8.75	11.22	12.75	13.59	14.00	27.48	32.48	26.20	33.73	40.78	31.20	37.84
Dividend Payout %	18%	17%	16%	16%	2%	16%	13%	17%	23%	19%	17%	22%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	24.64%	34.88%	13.79%	6.06%	2.86%	95.83%	18.44%	-19.46%	29.00%	20.75%	-22.91%
Change in YoY Net Profit Growth (%)	0.00%	10.25%	-21.09%	-7.73%	-3.20%	92.98%	-77.39%	-37.90%	48.46%	-8.25%	-43.66%

Vinati Organics Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	11%
5 Years:	11%
3 Years:	26%
TTM:	15%

Compounded Profit Growth
10 Years:	14%
5 Years:	3%
3 Years:	6%
TTM:	21%

Stock Price CAGR
10 Years:	20%
5 Years:	13%
3 Years:	-7%
1 Year:	-3%

Return on Equity
10 Years:	21%
5 Years:	20%
3 Years:	18%
Last Year:	14%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:35 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	10	10	10	10	10	10	10	10	10	10	10	10	10
Reserves	231	300	424	530	670	786	1,041	1,269	1,533	1,818	2,203	2,454	2,573
Borrowings	237	162	65	42	2	15	4	0	2	18	35	5	8
Other Liabilities	67	80	100	104	139	168	173	163	188	243	335	358	431
Total Liabilities	546	552	599	687	821	980	1,228	1,443	1,734	2,090	2,584	2,827	3,022
Fixed Assets	290	304	327	382	468	457	475	751	757	873	1,159	1,330	1,358
CWIP	14	10	20	25	7	35	191	31	55	47	229	246	241
Investments	13	3	3	3	62	132	96	227	289	98	256	237	422
Other Assets	229	235	249	278	284	356	465	434	633	1,071	940	1,014	1,001
Total Assets	546	552	599	687	821	980	1,228	1,443	1,734	2,090	2,584	2,827	3,022

Below is a detailed analysis of the balance sheet data for Vinati Organics Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹10.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹10.00 Cr..
For Reserves, as of Sep 2024, the value is ₹2,573.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹2,454.00 Cr. (Mar 2024) to ₹2,573.00 Cr., marking an increase of 119.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹8.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹5.00 Cr. (Mar 2024) to ₹8.00 Cr., marking an increase of 3.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹431.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹358.00 Cr. (Mar 2024) to ₹431.00 Cr., marking an increase of 73.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹3,022.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹2,827.00 Cr. (Mar 2024) to ₹3,022.00 Cr., marking an increase of 195.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹1,358.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,330.00 Cr. (Mar 2024) to ₹1,358.00 Cr., marking an increase of 28.00 Cr..
For CWIP, as of Sep 2024, the value is ₹241.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹246.00 Cr. (Mar 2024) to ₹241.00 Cr., marking a decrease of 5.00 Cr..
For Investments, as of Sep 2024, the value is ₹422.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹237.00 Cr. (Mar 2024) to ₹422.00 Cr., marking an increase of 185.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹1,001.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹1,014.00 Cr. (Mar 2024) to ₹1,001.00 Cr., marking a decrease of 13.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹3,022.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹2,827.00 Cr. (Mar 2024) to ₹3,022.00 Cr., marking an increase of 195.00 Cr..

Notably, the Reserves (₹2,573.00 Cr.) exceed the Borrowings (8.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	92	131	113	167	130	138	200	416	219	127	516	338
Cash from Investing Activity +	-113	-9	-53	-72	-27	-39	-243	-197	-198	-256	-333	-353
Cash from Financing Activity +	22	-113	-75	-50	-45	-30	-40	-109	-3	-46	-61	-106
Net Cash Flow	2	9	-16	45	59	70	-83	109	18	-175	121	-122

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-117.00	-9.00	127.00	165.00	216.00	183.00	421.00	415.00	351.00	417.00	538.00	466.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	75	60	61	66	80	89	79	72	106	104	82	102
Inventory Days	60	41	44	55	79	79	64	79	115	75	79	72
Days Payable	17	12	17	28	40	61	37	47	62	46	41	36
Cash Conversion Cycle	117	89	87	94	119	107	106	104	158	132	120	137
Working Capital Days	77	52	58	62	119	121	112	97	138	141	113	140
ROCE %	27%	30%	38%	36%	33%	28%	46%	37%	24%	27%	28%	19%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	74.06%	74.06%	74.06%	74.06%	74.06%	74.06%	74.06%	74.06%	74.29%	74.29%	74.29%	74.29%
FIIs	4.58%	4.66%	4.76%	4.81%	4.79%	4.47%	4.64%	4.71%	4.93%	5.33%	5.48%	5.31%
DIIs	7.85%	8.11%	7.99%	7.88%	7.90%	8.11%	8.18%	7.55%	7.30%	6.74%	7.27%	7.61%
Public	13.51%	13.17%	13.19%	13.25%	13.26%	13.36%	13.12%	13.69%	13.46%	13.64%	12.96%	12.81%
No. of Shareholders	72,539	72,298	75,759	80,645	84,404	90,934	93,989	1,07,022	1,06,894	1,00,363	93,508	89,441

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Mirae Asset Large & Midcap Fund	1,434,490	0.77	250.1	480,199	2025-03-08	198.73%
Mirae Asset ELSS Tax Saver Fund	1,083,359	0.92	188.88	480,199	2025-03-08	125.61%
Mirae Asset Large Cap Fund	909,948	0.42	158.64	480,199	2025-03-08	89.49%
Canara Robeco Emerging Equities	808,112	0.7	140.08	480,199	2025-03-08	68.29%
Invesco India Contra Fund	480,199	0.65	83.72	480,199	2025-03-08	0%
Canara Robeco Flexi Cap Fund	453,956	0.68	78.69	480,199	2025-03-08	-5.47%
PGIM India Midcap Opportunities Fund	436,388	0.76	76.08	480,199	2025-03-08	-9.12%
Canara Robeco Equity Hybrid Fund	338,000	0.6	58.59	480,199	2025-03-08	-29.61%
Mirae Asset Aggressive Hybrid Fund	270,054	0.57	47.08	480,199	2025-03-08	-43.76%
Canara Robeco ELSS Tax Saver Fund	215,300	0.52	37.32	480,199	2025-03-08	-55.16%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	31.15	44.56	33.72	26.20	32.48
Diluted EPS (Rs.)	31.15	44.56	33.72	26.20	32.48
Cash EPS (Rs.)	38.19	49.61	38.15	30.38	35.71
Book Value[Excl.RevalReserv]/Share (Rs.)	221.98	215.82	177.85	150.16	124.48
Book Value[Incl.RevalReserv]/Share (Rs.)	221.98	215.82	177.85	150.16	124.48
Revenue From Operations / Share (Rs.)	183.28	202.83	157.18	92.84	100.10
PBDIT / Share (Rs.)	49.05	64.98	48.16	36.81	44.65
PBIT / Share (Rs.)	42.02	59.92	43.73	32.64	41.42
PBT / Share (Rs.)	41.67	59.86	43.71	32.62	41.32
Net Profit / Share (Rs.)	31.15	44.56	33.72	26.20	32.48
NP After MI And SOA / Share (Rs.)	31.15	44.56	33.72	26.20	32.48
PBDIT Margin (%)	26.76	32.03	30.64	39.65	44.60
PBIT Margin (%)	22.92	29.54	27.82	35.15	41.38
PBT Margin (%)	22.73	29.51	27.80	35.13	41.27
Net Profit Margin (%)	16.99	21.96	21.45	28.22	32.44
NP After MI And SOA Margin (%)	16.99	21.96	21.45	28.22	32.44
Return on Networth / Equity (%)	14.03	20.64	18.96	17.44	26.09
Return on Capital Employeed (%)	16.61	26.46	23.38	20.61	31.44
Return On Assets (%)	11.37	17.98	16.58	15.53	23.13
Total Debt / Equity (X)	0.00	0.00	0.01	0.00	0.00
Asset Turnover Ratio (%)	0.70	0.89	0.84	0.60	0.00
Current Ratio (X)	4.53	4.52	4.64	6.15	7.22
Quick Ratio (X)	3.62	3.65	3.59	5.01	6.17
Inventory Turnover Ratio (X)	5.19	5.93	5.74	3.87	0.00
Dividend Payout Ratio (NP) (%)	22.27	14.58	17.79	1.90	31.55
Dividend Payout Ratio (CP) (%)	18.17	13.10	15.72	1.64	28.69
Earning Retention Ratio (%)	77.73	85.42	82.21	98.10	68.45
Cash Earning Retention Ratio (%)	81.83	86.90	84.28	98.36	71.31
Interest Coverage Ratio (X)	140.04	1064.81	1913.39	1785.59	420.18
Interest Coverage Ratio (Post Tax) (X)	89.94	731.19	1340.85	1271.98	306.64
Enterprise Value (Cr.)	15241.12	18575.21	20078.18	14384.14	7854.69
EV / Net Operating Revenue (X)	8.02	8.91	12.43	15.07	7.63
EV / EBITDA (X)	29.97	27.81	40.56	38.02	17.12
MarketCap / Net Operating Revenue (X)	8.03	8.92	12.42	15.08	7.69
Retention Ratios (%)	77.72	85.41	82.20	98.09	68.44
Price / BV (X)	6.63	8.38	10.98	9.32	6.18
Price / Net Operating Revenue (X)	8.03	8.92	12.42	15.08	7.69
EarningsYield	0.02	0.02	0.01	0.01	0.04

After reviewing the key financial ratios for Vinati Organics Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 24, the value is 31.15. This value is within the healthy range. It has decreased from 44.56 (Mar 23) to 31.15, marking a decrease of 13.41.
For Diluted EPS (Rs.), as of Mar 24, the value is 31.15. This value is within the healthy range. It has decreased from 44.56 (Mar 23) to 31.15, marking a decrease of 13.41.
For Cash EPS (Rs.), as of Mar 24, the value is 38.19. This value is within the healthy range. It has decreased from 49.61 (Mar 23) to 38.19, marking a decrease of 11.42.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 221.98. It has increased from 215.82 (Mar 23) to 221.98, marking an increase of 6.16.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 221.98. It has increased from 215.82 (Mar 23) to 221.98, marking an increase of 6.16.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 183.28. It has decreased from 202.83 (Mar 23) to 183.28, marking a decrease of 19.55.
For PBDIT / Share (Rs.), as of Mar 24, the value is 49.05. This value is within the healthy range. It has decreased from 64.98 (Mar 23) to 49.05, marking a decrease of 15.93.
For PBIT / Share (Rs.), as of Mar 24, the value is 42.02. This value is within the healthy range. It has decreased from 59.92 (Mar 23) to 42.02, marking a decrease of 17.90.
For PBT / Share (Rs.), as of Mar 24, the value is 41.67. This value is within the healthy range. It has decreased from 59.86 (Mar 23) to 41.67, marking a decrease of 18.19.
For Net Profit / Share (Rs.), as of Mar 24, the value is 31.15. This value is within the healthy range. It has decreased from 44.56 (Mar 23) to 31.15, marking a decrease of 13.41.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 31.15. This value is within the healthy range. It has decreased from 44.56 (Mar 23) to 31.15, marking a decrease of 13.41.
For PBDIT Margin (%), as of Mar 24, the value is 26.76. This value is within the healthy range. It has decreased from 32.03 (Mar 23) to 26.76, marking a decrease of 5.27.
For PBIT Margin (%), as of Mar 24, the value is 22.92. This value exceeds the healthy maximum of 20. It has decreased from 29.54 (Mar 23) to 22.92, marking a decrease of 6.62.
For PBT Margin (%), as of Mar 24, the value is 22.73. This value is within the healthy range. It has decreased from 29.51 (Mar 23) to 22.73, marking a decrease of 6.78.
For Net Profit Margin (%), as of Mar 24, the value is 16.99. This value exceeds the healthy maximum of 10. It has decreased from 21.96 (Mar 23) to 16.99, marking a decrease of 4.97.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 16.99. This value is within the healthy range. It has decreased from 21.96 (Mar 23) to 16.99, marking a decrease of 4.97.
For Return on Networth / Equity (%), as of Mar 24, the value is 14.03. This value is below the healthy minimum of 15. It has decreased from 20.64 (Mar 23) to 14.03, marking a decrease of 6.61.
For Return on Capital Employeed (%), as of Mar 24, the value is 16.61. This value is within the healthy range. It has decreased from 26.46 (Mar 23) to 16.61, marking a decrease of 9.85.
For Return On Assets (%), as of Mar 24, the value is 11.37. This value is within the healthy range. It has decreased from 17.98 (Mar 23) to 11.37, marking a decrease of 6.61.
For Total Debt / Equity (X), as of Mar 24, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.70. It has decreased from 0.89 (Mar 23) to 0.70, marking a decrease of 0.19.
For Current Ratio (X), as of Mar 24, the value is 4.53. This value exceeds the healthy maximum of 3. It has increased from 4.52 (Mar 23) to 4.53, marking an increase of 0.01.
For Quick Ratio (X), as of Mar 24, the value is 3.62. This value exceeds the healthy maximum of 2. It has decreased from 3.65 (Mar 23) to 3.62, marking a decrease of 0.03.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 5.19. This value is within the healthy range. It has decreased from 5.93 (Mar 23) to 5.19, marking a decrease of 0.74.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 22.27. This value is within the healthy range. It has increased from 14.58 (Mar 23) to 22.27, marking an increase of 7.69.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 18.17. This value is below the healthy minimum of 20. It has increased from 13.10 (Mar 23) to 18.17, marking an increase of 5.07.
For Earning Retention Ratio (%), as of Mar 24, the value is 77.73. This value exceeds the healthy maximum of 70. It has decreased from 85.42 (Mar 23) to 77.73, marking a decrease of 7.69.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 81.83. This value exceeds the healthy maximum of 70. It has decreased from 86.90 (Mar 23) to 81.83, marking a decrease of 5.07.
For Interest Coverage Ratio (X), as of Mar 24, the value is 140.04. This value is within the healthy range. It has decreased from 1,064.81 (Mar 23) to 140.04, marking a decrease of 924.77.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 89.94. This value is within the healthy range. It has decreased from 731.19 (Mar 23) to 89.94, marking a decrease of 641.25.
For Enterprise Value (Cr.), as of Mar 24, the value is 15,241.12. It has decreased from 18,575.21 (Mar 23) to 15,241.12, marking a decrease of 3,334.09.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 8.02. This value exceeds the healthy maximum of 3. It has decreased from 8.91 (Mar 23) to 8.02, marking a decrease of 0.89.
For EV / EBITDA (X), as of Mar 24, the value is 29.97. This value exceeds the healthy maximum of 15. It has increased from 27.81 (Mar 23) to 29.97, marking an increase of 2.16.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 8.03. This value exceeds the healthy maximum of 3. It has decreased from 8.92 (Mar 23) to 8.03, marking a decrease of 0.89.
For Retention Ratios (%), as of Mar 24, the value is 77.72. This value exceeds the healthy maximum of 70. It has decreased from 85.41 (Mar 23) to 77.72, marking a decrease of 7.69.
For Price / BV (X), as of Mar 24, the value is 6.63. This value exceeds the healthy maximum of 3. It has decreased from 8.38 (Mar 23) to 6.63, marking a decrease of 1.75.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 8.03. This value exceeds the healthy maximum of 3. It has decreased from 8.92 (Mar 23) to 8.03, marking a decrease of 0.89.
For EarningsYield, as of Mar 24, the value is 0.02. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Vinati Organics Ltd as of March 10, 2025 is: ₹1,178.85

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 10, 2025, Vinati Organics Ltd is Overvalued by 27.01% compared to the current share price 1,615.00

Intrinsic Value of Vinati Organics Ltd as of March 10, 2025 is: 1,268.79

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 10, 2025, Vinati Organics Ltd is Overvalued by 21.44% compared to the current share price 1,615.00

Last 5 Year EPS CAGR: 7.63%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 31.08%, which is a positive sign. The company has higher reserves (1,217.85 cr) compared to borrowings (45.77 cr), indicating strong financial stability. The company has shown consistent growth in sales (383.54 cr) and profit (319.15 cr) over the years.	The stock has a high average Working Capital Days of 102.50, which may not be favorable. The stock has a high average Cash Conversion Cycle of 114.17, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Vinati Organics Ltd:
1. Net Profit Margin: 16.99%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 16.61% (Industry Average ROCE: 6.66%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 14.03% (Industry Average ROE: 7.11%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 89.94
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 3.62
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 42.7 (Industry average Stock P/E: 42.7)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Vinati Organics Ltd. is a Public Limited Listed company incorporated on 15/06/1989 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L24116MH1989PLC052224 and registration number is 052224. Currently Company is involved in the business activities of Manufacture of organic and inorganic chemical compounds. Company's Total Operating Revenue is Rs. 1899.96 Cr. and Equity Capital is Rs. 10.37 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Chemicals - Organic - Benzene Based	B-12 & B-13/1, MIDC Industrial Area, Raigad District Maharashtra 402309	vinmhd@vinatiorganics.com http://www.vinatiorganics.com

Management
Name	Position Held
Mr. Vinod Banwarilal Saraf	Chairman
Ms. Vinati Saraf Mutreja	Managing Director & CEO
Mrs. Mona M Bhide	Independent Director
Dr.(Mrs.) M Lakshmi Kantam	Independent Director
Mr. J C Laddha	Independent Director
Ms. Viral Saraf Mittal	Director - Corporate Strategy
Mr. Jayesh Ashar	Whole Time Director
Mr. Prashant Barve	Independent Director

FAQ

What is the latest intrinsic value of Vinati Organics Ltd?

The latest intrinsic value of Vinati Organics Ltd as on 10 March 2025 is ₹1178.85, which is 27.01% lower than the current market price of 1,615.00, indicating the stock is overvalued by 27.01%. The intrinsic value of Vinati Organics Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹16,739 Cr. and recorded a high/low of ₹2,331/1,462 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹2,573 Cr and total liabilities of ₹3,022 Cr.

What is the Market Cap of Vinati Organics Ltd?

The Market Cap of Vinati Organics Ltd is 16,739 Cr..

What is the current Stock Price of Vinati Organics Ltd as on 10 March 2025?

The current stock price of Vinati Organics Ltd as on 10 March 2025 is ₹1,615.

What is the High / Low of Vinati Organics Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Vinati Organics Ltd stocks is ₹2,331/1,462.

What is the Stock P/E of Vinati Organics Ltd?

The Stock P/E of Vinati Organics Ltd is 42.7.

What is the Book Value of Vinati Organics Ltd?

The Book Value of Vinati Organics Ltd is 249.

What is the Dividend Yield of Vinati Organics Ltd?

The Dividend Yield of Vinati Organics Ltd is 0.43 %.

What is the ROCE of Vinati Organics Ltd?

The ROCE of Vinati Organics Ltd is 18.5 %.

What is the ROE of Vinati Organics Ltd?

The ROE of Vinati Organics Ltd is 13.8 %.

What is the Face Value of Vinati Organics Ltd?

The Face Value of Vinati Organics Ltd is 1.00.