Vinati Organics Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: March 3, 2026, 1:35 pm

Market Cap	14,644 Cr.
Current Price	1,413
Intrinsic Value	₹1,187.90
High / Low	2,040/1,397
Stock P/E	30.6
Book Value	287
Dividend Yield	0.53 %
ROCE	20.6 %
ROE	15.8 %
Face Value	1.00
PEG Ratio	4.75

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

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Vinati Organics Ltd	14,644 Cr.	1,413	2,040/1,397	30.6	287	0.53 %	20.6 %	15.8 %	1.00
Hindustan Organic Chemicals Ltd	198 Cr.	29.5	45.0/22.6		152	0.00 %	5.20 %	21.6 %	10.0
Seya Industries Ltd	29.8 Cr.	11.2	24.2/11.2		309	0.00 %	0.51 %	0.77 %	10.0
Industry Average	7,421.00 Cr	484.57		30.60	249.33	0.18%	8.77%	12.72%	7.00

All Competitor Stocks of Vinati Organics Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	517	519	439	463	448	550	525	553	522	648	542	546	529
Expenses	369	372	338	358	333	400	400	419	379	465	376	368	368
Operating Profit	148	147	100	105	115	150	125	134	143	184	166	179	161
OPM %	29%	28%	23%	23%	26%	27%	24%	24%	27%	28%	31%	33%	30%
Other Income	11	12	10	11	9	10	9	22	7	6	7	16	9
Interest	0	1	1	1	1	1	0	0	0	0	0	0	0
Depreciation	17	17	17	17	19	19	20	21	20	20	21	22	24
Profit before tax	142	142	93	97	103	140	114	136	129	169	151	173	145
Tax %	25%	26%	25%	25%	25%	25%	25%	22%	26%	25%	26%	25%	25%
Net Profit	107	105	69	72	77	104	86	106	96	128	113	129	108
EPS in Rs	10.40	10.18	6.75	7.05	7.49	10.08	8.30	10.24	9.22	12.31	10.88	12.45	10.46

Last Updated: February 3, 2026, 3:46 pm

Below is a detailed analysis of the quarterly data for Vinati Organics Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:

For Sales, as of Dec 2025, the value is 529.00 Cr.. The value appears to be declining and may need further review. It has decreased from 546.00 Cr. (Sep 2025) to 529.00 Cr., marking a decrease of 17.00 Cr..
For Expenses, as of Dec 2025, the value is 368.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 368.00 Cr..
For Operating Profit, as of Dec 2025, the value is 161.00 Cr.. The value appears to be declining and may need further review. It has decreased from 179.00 Cr. (Sep 2025) to 161.00 Cr., marking a decrease of 18.00 Cr..
For OPM %, as of Dec 2025, the value is 30.00%. The value appears to be declining and may need further review. It has decreased from 33.00% (Sep 2025) to 30.00%, marking a decrease of 3.00%.
For Other Income, as of Dec 2025, the value is 9.00 Cr.. The value appears to be declining and may need further review. It has decreased from 16.00 Cr. (Sep 2025) to 9.00 Cr., marking a decrease of 7.00 Cr..
For Interest, as of Dec 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 0.00 Cr..
For Depreciation, as of Dec 2025, the value is 24.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 22.00 Cr. (Sep 2025) to 24.00 Cr., marking an increase of 2.00 Cr..
For Profit before tax, as of Dec 2025, the value is 145.00 Cr.. The value appears to be declining and may need further review. It has decreased from 173.00 Cr. (Sep 2025) to 145.00 Cr., marking a decrease of 28.00 Cr..
For Tax %, as of Dec 2025, the value is 25.00%. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 25.00%.
For Net Profit, as of Dec 2025, the value is 108.00 Cr.. The value appears to be declining and may need further review. It has decreased from 129.00 Cr. (Sep 2025) to 108.00 Cr., marking a decrease of 21.00 Cr..
For EPS in Rs, as of Dec 2025, the value is 10.46. The value appears to be declining and may need further review. It has decreased from 12.45 (Sep 2025) to 10.46, marking a decrease of 1.99.

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: February 26, 2026, 9:46 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	696	772	631	641	730	1,128	1,029	954	1,616	2,066	1,900	2,248	2,266
Expenses	543	580	424	423	531	703	614	601	1,180	1,493	1,429	1,662	1,577
Operating Profit	153	192	207	218	198	425	415	353	435	573	471	587	689
OPM %	22%	25%	33%	34%	27%	38%	40%	37%	27%	28%	25%	26%	30%
Other Income	9	9	6	12	31	30	45	26	61	52	39	44	38
Interest	18	10	8	3	2	2	2	1	2	3	5	2	1
Depreciation	15	18	19	22	23	27	33	43	45	59	73	81	87
Profit before tax	129	174	187	206	203	425	425	335	449	563	432	548	639
Tax %	33%	33%	29%	32%	29%	34%	21%	20%	23%	26%	25%	24%
Net Profit	86	116	132	140	144	282	334	269	347	419	323	415	478
EPS in Rs	8.75	11.22	12.75	13.59	14.00	27.48	32.48	26.20	33.73	40.78	31.19	40.05	46.10
Dividend Payout %	17%	16%	16%	2%	16%	13%	17%	23%	19%	17%	22%	19%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	34.88%	13.79%	6.06%	2.86%	95.83%	18.44%	-19.46%	29.00%	20.75%	-22.91%	28.48%
Change in YoY Net Profit Growth (%)	0.00%	-21.09%	-7.73%	-3.20%	92.98%	-77.39%	-37.90%	48.46%	-8.25%	-43.66%	51.39%

Vinati Organics Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	11%
5 Years:	17%
3 Years:	12%
TTM:	14%

Compounded Profit Growth
10 Years:	14%
5 Years:	4%
3 Years:	6%
TTM:	30%

Stock Price CAGR
10 Years:	22%
5 Years:	12%
3 Years:	-9%
1 Year:	-9%

Return on Equity
10 Years:	20%
5 Years:	18%
3 Years:	17%
Last Year:	16%

Last Updated: September 5, 2025, 1:51 pm

Balance Sheet

Last Updated: March 3, 2026, 12:18 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	10	10	10	10	10	10	10	10	10	10	10	10	10
Reserves	300	424	530	670	786	1,041	1,269	1,533	1,851	2,203	2,454	2,796	2,960
Borrowings	162	65	42	2	15	4	0	2	28	35	5	63	-0
Other Liabilities	80	100	104	139	168	173	163	188	260	335	358	394	350
Total Liabilities	552	599	687	821	980	1,228	1,443	1,734	2,150	2,584	2,827	3,263	3,320
Fixed Assets	304	327	382	468	457	475	751	757	874	1,159	1,330	1,382	1,341
CWIP	10	20	25	7	35	191	31	55	306	229	246	298	372
Investments	3	3	3	62	132	96	227	289	98	256	237	523	776
Other Assets	235	249	278	284	356	465	434	633	872	940	1,014	1,059	831
Total Assets	552	599	687	821	980	1,228	1,443	1,734	2,150	2,584	2,827	3,263	3,320

Below is a detailed analysis of the balance sheet data for Vinati Organics Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

For Equity Capital, as of Sep 2025, the value is 10.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 10.00 Cr..
For Reserves, as of Sep 2025, the value is 2,960.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,796.00 Cr. (Mar 2025) to 2,960.00 Cr., marking an increase of 164.00 Cr..
For Borrowings, as of Sep 2025, the value is 0.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 63.00 Cr. (Mar 2025) to 0.00 Cr., marking a decrease of 63.00 Cr..
For Other Liabilities, as of Sep 2025, the value is 350.00 Cr.. The value appears to be improving (decreasing). It has decreased from 394.00 Cr. (Mar 2025) to 350.00 Cr., marking a decrease of 44.00 Cr..
For Total Liabilities, as of Sep 2025, the value is 3,320.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,263.00 Cr. (Mar 2025) to 3,320.00 Cr., marking an increase of 57.00 Cr..
For Fixed Assets, as of Sep 2025, the value is 1,341.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,382.00 Cr. (Mar 2025) to 1,341.00 Cr., marking a decrease of 41.00 Cr..
For CWIP, as of Sep 2025, the value is 372.00 Cr.. The value appears strong and on an upward trend. It has increased from 298.00 Cr. (Mar 2025) to 372.00 Cr., marking an increase of 74.00 Cr..
For Investments, as of Sep 2025, the value is 776.00 Cr.. The value appears strong and on an upward trend. It has increased from 523.00 Cr. (Mar 2025) to 776.00 Cr., marking an increase of 253.00 Cr..
For Other Assets, as of Sep 2025, the value is 831.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,059.00 Cr. (Mar 2025) to 831.00 Cr., marking a decrease of 228.00 Cr..
For Total Assets, as of Sep 2025, the value is 3,320.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,263.00 Cr. (Mar 2025) to 3,320.00 Cr., marking an increase of 57.00 Cr..

Notably, the Reserves (2,960.00 Cr.) exceed the Borrowings (0.00 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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	131	113	167	130	138	200	416	219	127	516	338	494
Cash from Investing Activity +	-9	-53	-72	-27	-39	-243	-197	-198	-256	-333	-353	-480
Cash from Financing Activity +	-113	-75	-50	-45	-30	-40	-109	-3	-46	-61	-106	-15
Net Cash Flow	9	-16	45	59	70	-83	109	18	-175	121	-122	-0

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-9.00	127.00	165.00	216.00	183.00	421.00	415.00	351.00	407.00	538.00	466.00	524.00

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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	60	61	66	80	89	79	72	106	102	82	102	96
Inventory Days	41	44	55	79	79	64	79	115	85	79	72	66
Days Payable	12	17	28	40	61	37	47	62	52	41	36	43
Cash Conversion Cycle	89	87	94	119	107	106	104	158	136	120	137	119
Working Capital Days	45	58	60	118	113	111	97	138	144	109	140	107
ROCE %	30%	38%	36%	33%	28%	46%	37%	24%	26%	27%	19%	21%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	74.06%	74.06%	74.06%	74.06%	74.29%	74.29%	74.29%	74.29%	74.29%	74.29%	74.29%	74.29%
FIIs	4.79%	4.47%	4.64%	4.71%	4.93%	5.33%	5.48%	5.31%	3.83%	3.86%	3.77%	3.77%
DIIs	7.90%	8.11%	8.18%	7.55%	7.30%	6.74%	7.27%	7.61%	9.21%	9.25%	9.55%	9.84%
Public	13.26%	13.36%	13.12%	13.69%	13.46%	13.64%	12.96%	12.81%	12.68%	12.60%	12.39%	12.11%
No. of Shareholders	84,404	90,934	93,989	1,07,022	1,06,894	1,00,363	93,508	89,441	87,933	85,960	85,005	81,874

Shareholding Pattern Chart

No. of Shareholders

Vinati Organics Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Aditya Birla Sun Life Flexi Cap Fund	1,439,376	0.89	219.74	1,387,969	2026-02-23 03:29:22	3.7%
Canara Robeco Large and Mid Cap Fund	1,232,048	0.76	188.08	N/A	N/A	N/A
Aditya Birla Sun Life ELSS Tax Saver Fund	774,862	0.79	118.29	N/A	N/A	N/A
Canara Robeco Flexi Cap Fund	718,956	0.82	109.76	711,456	2025-12-15 02:18:58	1.05%
ICICI Prudential Multi Asset Fund	624,165	0.12	95.29	603,410	2026-02-23 03:29:22	3.44%
HSBC Small Cap Fund	622,492	0.63	95.03	N/A	N/A	N/A
Aditya Birla Sun Life Multi-Cap Fund	521,879	1.22	79.67	N/A	N/A	N/A
Canara Robeco ELSS Tax Saver Fund	490,300	0.86	74.85	215,300	2025-11-03 10:07:01	127.73%
Canara Robeco Equity Hybrid Fund	484,724	0.66	74	338,000	2025-11-03 10:07:01	43.41%
Quant Small Cap Fund	362,211	0.2	55.3	N/A	N/A	N/A

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	39.09	31.15	44.56	33.72	26.20
Diluted EPS (Rs.)	39.09	31.15	44.56	33.72	26.20
Cash EPS (Rs.)	47.62	38.19	49.61	38.15	30.38
Book Value[Excl.RevalReserv]/Share (Rs.)	269.36	221.98	215.82	177.85	150.16
Book Value[Incl.RevalReserv]/Share (Rs.)	269.36	221.98	215.82	177.85	150.16
Revenue From Operations / Share (Rs.)	216.80	183.28	202.83	157.18	92.84
PBDIT / Share (Rs.)	60.29	49.05	64.98	48.16	36.81
PBIT / Share (Rs.)	51.76	42.02	59.92	43.73	32.64
PBT / Share (Rs.)	51.70	41.67	59.86	43.71	32.62
Net Profit / Share (Rs.)	39.08	31.15	44.56	33.72	26.20
NP After MI And SOA / Share (Rs.)	39.08	31.15	44.56	33.72	26.20
PBDIT Margin (%)	27.81	26.76	32.03	30.64	39.65
PBIT Margin (%)	23.87	22.92	29.54	27.82	35.15
PBT Margin (%)	23.84	22.73	29.51	27.80	35.13
Net Profit Margin (%)	18.02	16.99	21.96	21.45	28.22
NP After MI And SOA Margin (%)	18.02	16.99	21.96	21.45	28.22
Return on Networth / Equity (%)	14.50	14.03	20.64	18.96	17.44
Return on Capital Employeed (%)	18.09	16.61	26.46	23.38	20.61
Return On Assets (%)	12.35	11.37	17.98	16.58	15.53
Total Debt / Equity (X)	0.02	0.00	0.00	0.01	0.00
Asset Turnover Ratio (%)	0.73	0.70	0.89	0.84	0.60
Current Ratio (X)	3.31	4.53	4.52	4.64	6.15
Quick Ratio (X)	2.61	3.62	3.65	3.59	5.01
Inventory Turnover Ratio (X)	10.71	5.19	5.93	5.74	3.87
Dividend Payout Ratio (NP) (%)	17.90	22.27	14.58	17.79	1.90
Dividend Payout Ratio (CP) (%)	14.69	18.17	13.10	15.72	1.64
Earning Retention Ratio (%)	82.10	77.73	85.42	82.21	98.10
Cash Earning Retention Ratio (%)	85.31	81.83	86.90	84.28	98.36
Interest Coverage Ratio (X)	1202.37	140.04	1064.81	1913.39	1785.59
Interest Coverage Ratio (Post Tax) (X)	780.33	89.94	731.19	1340.85	1271.98
Enterprise Value (Cr.)	16441.23	15241.12	18575.21	20078.18	14384.14
EV / Net Operating Revenue (X)	7.31	8.02	8.91	12.43	15.07
EV / EBITDA (X)	26.30	29.97	27.81	40.56	38.02
MarketCap / Net Operating Revenue (X)	7.29	8.03	8.92	12.42	15.08
Retention Ratios (%)	82.09	77.72	85.41	82.20	98.09
Price / BV (X)	5.86	6.63	8.38	10.98	9.32
Price / Net Operating Revenue (X)	7.29	8.03	8.92	12.42	15.08
EarningsYield	0.02	0.02	0.02	0.01	0.01

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 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 25, the value is 39.09. This value is within the healthy range. It has increased from 31.15 (Mar 24) to 39.09, marking an increase of 7.94.
For Diluted EPS (Rs.), as of Mar 25, the value is 39.09. This value is within the healthy range. It has increased from 31.15 (Mar 24) to 39.09, marking an increase of 7.94.
For Cash EPS (Rs.), as of Mar 25, the value is 47.62. This value is within the healthy range. It has increased from 38.19 (Mar 24) to 47.62, marking an increase of 9.43.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 269.36. It has increased from 221.98 (Mar 24) to 269.36, marking an increase of 47.38.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 269.36. It has increased from 221.98 (Mar 24) to 269.36, marking an increase of 47.38.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 216.80. It has increased from 183.28 (Mar 24) to 216.80, marking an increase of 33.52.
For PBDIT / Share (Rs.), as of Mar 25, the value is 60.29. This value is within the healthy range. It has increased from 49.05 (Mar 24) to 60.29, marking an increase of 11.24.
For PBIT / Share (Rs.), as of Mar 25, the value is 51.76. This value is within the healthy range. It has increased from 42.02 (Mar 24) to 51.76, marking an increase of 9.74.
For PBT / Share (Rs.), as of Mar 25, the value is 51.70. This value is within the healthy range. It has increased from 41.67 (Mar 24) to 51.70, marking an increase of 10.03.
For Net Profit / Share (Rs.), as of Mar 25, the value is 39.08. This value is within the healthy range. It has increased from 31.15 (Mar 24) to 39.08, marking an increase of 7.93.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 39.08. This value is within the healthy range. It has increased from 31.15 (Mar 24) to 39.08, marking an increase of 7.93.
For PBDIT Margin (%), as of Mar 25, the value is 27.81. This value is within the healthy range. It has increased from 26.76 (Mar 24) to 27.81, marking an increase of 1.05.
For PBIT Margin (%), as of Mar 25, the value is 23.87. This value exceeds the healthy maximum of 20. It has increased from 22.92 (Mar 24) to 23.87, marking an increase of 0.95.
For PBT Margin (%), as of Mar 25, the value is 23.84. This value is within the healthy range. It has increased from 22.73 (Mar 24) to 23.84, marking an increase of 1.11.
For Net Profit Margin (%), as of Mar 25, the value is 18.02. This value exceeds the healthy maximum of 10. It has increased from 16.99 (Mar 24) to 18.02, marking an increase of 1.03.
For NP After MI And SOA Margin (%), as of Mar 25, the value is 18.02. This value is within the healthy range. It has increased from 16.99 (Mar 24) to 18.02, marking an increase of 1.03.
For Return on Networth / Equity (%), as of Mar 25, the value is 14.50. This value is below the healthy minimum of 15. It has increased from 14.03 (Mar 24) to 14.50, marking an increase of 0.47.
For Return on Capital Employeed (%), as of Mar 25, the value is 18.09. This value is within the healthy range. It has increased from 16.61 (Mar 24) to 18.09, marking an increase of 1.48.
For Return On Assets (%), as of Mar 25, the value is 12.35. This value is within the healthy range. It has increased from 11.37 (Mar 24) to 12.35, marking an increase of 0.98.
For Total Debt / Equity (X), as of Mar 25, the value is 0.02. This value is within the healthy range. It has increased from 0.00 (Mar 24) to 0.02, marking an increase of 0.02.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.73. It has increased from 0.70 (Mar 24) to 0.73, marking an increase of 0.03.
For Current Ratio (X), as of Mar 25, the value is 3.31. This value exceeds the healthy maximum of 3. It has decreased from 4.53 (Mar 24) to 3.31, marking a decrease of 1.22.
For Quick Ratio (X), as of Mar 25, the value is 2.61. This value exceeds the healthy maximum of 2. It has decreased from 3.62 (Mar 24) to 2.61, marking a decrease of 1.01.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 10.71. This value exceeds the healthy maximum of 8. It has increased from 5.19 (Mar 24) to 10.71, marking an increase of 5.52.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 17.90. This value is below the healthy minimum of 20. It has decreased from 22.27 (Mar 24) to 17.90, marking a decrease of 4.37.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 14.69. This value is below the healthy minimum of 20. It has decreased from 18.17 (Mar 24) to 14.69, marking a decrease of 3.48.
For Earning Retention Ratio (%), as of Mar 25, the value is 82.10. This value exceeds the healthy maximum of 70. It has increased from 77.73 (Mar 24) to 82.10, marking an increase of 4.37.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 85.31. This value exceeds the healthy maximum of 70. It has increased from 81.83 (Mar 24) to 85.31, marking an increase of 3.48.
For Interest Coverage Ratio (X), as of Mar 25, the value is 1,202.37. This value is within the healthy range. It has increased from 140.04 (Mar 24) to 1,202.37, marking an increase of 1,062.33.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 780.33. This value is within the healthy range. It has increased from 89.94 (Mar 24) to 780.33, marking an increase of 690.39.
For Enterprise Value (Cr.), as of Mar 25, the value is 16,441.23. It has increased from 15,241.12 (Mar 24) to 16,441.23, marking an increase of 1,200.11.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 7.31. This value exceeds the healthy maximum of 3. It has decreased from 8.02 (Mar 24) to 7.31, marking a decrease of 0.71.
For EV / EBITDA (X), as of Mar 25, the value is 26.30. This value exceeds the healthy maximum of 15. It has decreased from 29.97 (Mar 24) to 26.30, marking a decrease of 3.67.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 7.29. This value exceeds the healthy maximum of 3. It has decreased from 8.03 (Mar 24) to 7.29, marking a decrease of 0.74.
For Retention Ratios (%), as of Mar 25, the value is 82.09. This value exceeds the healthy maximum of 70. It has increased from 77.72 (Mar 24) to 82.09, marking an increase of 4.37.
For Price / BV (X), as of Mar 25, the value is 5.86. This value exceeds the healthy maximum of 3. It has decreased from 6.63 (Mar 24) to 5.86, marking a decrease of 0.77.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 7.29. This value exceeds the healthy maximum of 3. It has decreased from 8.03 (Mar 24) to 7.29, marking a decrease of 0.74.
For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) 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 4, 2026 is: ₹1,115.95

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 4, 2026, Vinati Organics Ltd is Overvalued by 21.02% compared to the current share price ₹1,413.00

Intrinsic Value of Vinati Organics Ltd as of March 4, 2026 is: ₹1,187.90

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 4, 2026, Vinati Organics Ltd is Overvalued by 15.93% compared to the current share price ₹1,413.00

Last 5 Year EPS CAGR: 6.45%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 30.42%, which is a positive sign. The company has higher reserves (1,447.46 cr) compared to borrowings (32.54 cr), indicating strong financial stability. The company has shown consistent growth in sales (341.08 cr) and profit (362.69 cr) over the years.	The stock has a high average Working Capital Days of 103.33, which may not be favorable. The stock has a high average Cash Conversion Cycle of 114.67, 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: 18.02%
  - 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: 18.09% (Industry Average ROCE: 8.77%)
  - 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%: 14.5% (Industry Average ROE: 12.72%)
  - 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): 780.33
  - 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: 2.61
  - 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: 30.6 (Industry average Stock P/E: 30.6)
  - 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: 0.02
  - 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. 2248.10 Cr. and Equity Capital is Rs. 10.37 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Chemicals - Organic - Benzene Based	B-12 & B-13/1, MIDC Industrial Area, Raigad District Maharashtra 402309	Contact not found

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

FAQ

What is the intrinsic value of Vinati Organics Ltd?

Vinati Organics Ltd's intrinsic value (as of 04 March 2026) is ₹1187.90 which is 15.93% lower the current market price of ₹1,413.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹14,644 Cr. market cap, FY2025-2026 high/low of ₹2,040/1,397, reserves of ₹2,960 Cr, and liabilities of ₹3,320 Cr.

What is the Market Cap of Vinati Organics Ltd?

The Market Cap of Vinati Organics Ltd is 14,644 Cr..

What is the current Stock Price of Vinati Organics Ltd as on 04 March 2026?

The current stock price of Vinati Organics Ltd as on 04 March 2026 is ₹1,413.

What is the High / Low of Vinati Organics Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Vinati Organics Ltd stocks is ₹2,040/1,397.

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

The Stock P/E of Vinati Organics Ltd is 30.6.

What is the Book Value of Vinati Organics Ltd?

The Book Value of Vinati Organics Ltd is 287.

What is the Dividend Yield of Vinati Organics Ltd?

The Dividend Yield of Vinati Organics Ltd is 0.53 %.

What is the ROCE of Vinati Organics Ltd?

The ROCE of Vinati Organics Ltd is 20.6 %.

What is the ROE of Vinati Organics Ltd?

The ROE of Vinati Organics Ltd is 15.8 %.

What is the Face Value of Vinati Organics Ltd?

The Face Value of Vinati Organics Ltd is 1.00.