Vinyl Chemicals (I) Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹215.06Overvalued by 16.64%vs CMP ₹258.00

P/E (28.8) × ROE (12.8%) × BV (₹71.00) × DY (2.71%)

₹133.94Overvalued by 48.09%vs CMP ₹258.00
MoS: -92.6% (Negative)Confidence: 66/100 (Moderate)Models: 1 Under, 9 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹190.7020%Over (-26.1%)
Graham NumberEarnings₹129.0215%Over (-50%)
Earnings PowerEarnings₹110.1410%Over (-57.3%)
DCFCash Flow₹101.7712%Over (-60.6%)
Net Asset ValueAssets₹65.727%Over (-74.5%)
EV/EBITDAEnterprise₹141.228%Over (-45.3%)
Dividend DiscountDividends₹38.258%Over (-85.2%)
Earnings YieldEarnings₹104.207%Over (-59.6%)
ROCE CapitalReturns₹121.158%Over (-53%)
Revenue MultipleRevenue₹339.475%Under (+31.6%)
Consensus (10 models)₹133.94100%Overvalued
Key Drivers: Wide model spread (₹38–₹339) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -11.3%

*Investments are subject to market risks

Analyst Summary

Vinyl Chemicals (I) Ltd operates in the Industry not found segment, NSE: VINYLINDIA | BSE: 524129, current market price is ₹258.00, market cap is 475 Cr.. At a glance, stock P/E is 28.8, ROE is 12.8 %, ROCE is 17.3 %, book value is 71.0, dividend yield is 2.71 %. The latest intrinsic value estimate is ₹133.94, around 48.1% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹625 Cr versus the prior period change of 4.7%, while latest net profit is about ₹22 Cr with a prior-period change of 0.0%. The 52-week range shown on this page is 357/160, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisVinyl Chemicals (I) Ltd. is a Public Limited Listed company incorporated on 15/05/1986 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN)…

This summary is generated from the stock page data available for Vinyl Chemicals (I) Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

62
Vinyl Chemicals (I) Ltd scores 62/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health77/100 · Strong
ROCE 17.3% GoodROE 12.8% GoodD/E 0.01 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 50.4% Stable
Earnings Quality60/100 · Moderate
OPM stable around 4% SteadyWorking capital: 27 days (improving) Efficient
Quarterly Momentum40/100 · Moderate
Revenue (4Q): 4% YoY FlatProfit (4Q): -15% YoY Declining
Industry Rank70/100 · Strong
P/E 28.8 vs industry 174.4 Cheaper than peersROCE 17.3% vs industry 11.5% Above peers3Y sales CAGR: -10% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: May 5, 2026, 1:57 am

Market Cap 475 Cr.
Current Price 258
Intrinsic Value₹133.94
High / Low 357/160
Stock P/E28.8
Book Value 71.0
Dividend Yield2.71 %
ROCE17.3 %
ROE12.8 %
Face Value 1.00
PEG Ratio-2.54

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

View Share Price Target for Vinyl Chemicals (I) Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Vinyl Chemicals (I) Ltd 475 Cr. 258 357/16028.8 71.02.71 %17.3 %12.8 % 1.00
Purple Finance Ltd 392 Cr. 66.4 69.9/33.0 22.30.00 %1.55 %6.17 % 10.0
Delton Cables Ltd 380 Cr. 440 912/33620.2 1140.46 %19.4 %16.2 % 10.0
Datasoft Applications Software (India) Ltd 310 Cr. 112 378/83.412.2 15.70.00 %22.9 %17.8 % 10.0
Alfred Herbert (India) Ltd 217 Cr. 2,818 3,974/1,9526.91 7,3400.18 %5.86 %5.22 % 10.0
Industry Average9,966.05 Cr221.46174.41220.430.26%11.52%22.06%9.00

All Competitor Stocks of Vinyl Chemicals (I) Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 270.66106.93115.31154.40159.03168.27155.63150.34146.40172.88151.23151.89169.48
Expenses 260.6297.41111.87149.87150.28159.63149.65144.39142.74162.93149.26149.22165.77
Operating Profit 10.049.523.444.538.758.645.985.953.669.951.972.673.71
OPM % 3.71%8.90%2.98%2.93%5.50%5.13%3.84%3.96%2.50%5.76%1.30%1.76%2.19%
Other Income 0.160.991.260.820.641.730.781.052.990.194.091.272.48
Interest 0.170.940.010.020.010.010.010.020.010.010.010.030.01
Depreciation 0.020.030.030.020.020.030.020.030.030.020.030.030.03
Profit before tax 10.019.544.665.319.3610.336.736.956.6110.116.023.886.15
Tax % 26.37%23.48%24.89%26.93%25.96%27.11%26.89%26.19%24.21%28.09%26.08%25.77%26.50%
Net Profit 7.377.303.503.886.937.534.925.135.017.274.452.884.52
EPS in Rs 4.023.981.912.123.784.112.682.802.733.962.431.572.46

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

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 9:46 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 2934423352933754833724048651,013597625645
Expenses 282424326283361469366389821966572600627
Operating Profit 10189914146154447252618
OPM % 4%4%3%3%4%3%2%4%5%5%4%4%3%
Other Income 1134414022458
Interest 0000000001000
Depreciation -0000000000000
Profit before tax 11191213181410154748303026
Tax % 34%34%35%35%36%37%25%26%25%25%26%27%
Net Profit 712891297113536222219
EPS in Rs 4.086.734.364.766.364.834.076.1919.0119.4411.9112.1810.42
Dividend Payout % 24%22%34%38%38%50%59%60%52%51%57%57%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)71.43%-33.33%12.50%33.33%-25.00%-22.22%57.14%218.18%2.86%-38.89%0.00%
Change in YoY Net Profit Growth (%)0.00%-104.76%45.83%20.83%-58.33%2.78%79.37%161.04%-215.32%-41.75%38.89%

Vinyl Chemicals (I) 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:4%
5 Years:11%
3 Years:-10%
TTM:-3%
Compounded Profit Growth
10 Years:5%
5 Years:24%
3 Years:-17%
TTM:-6%
Stock Price CAGR
10 Years:18%
5 Years:25%
3 Years:-18%
1 Year:-28%
Return on Equity
10 Years:21%
5 Years:24%
3 Years:21%
Last Year:16%

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

Balance Sheet

Last Updated: December 4, 2025, 2:12 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 2222222222222
Reserves 243341465457596694111115125119
Borrowings 0000000010000
Other Liabilities 806980561158494200656218813586
Total Liabilities 106104123104171144156269162176305262207
Fixed Assets 0000000001111
CWIP 0000000000000
Investments 5945393424755784057680
Other Assets 10095786613714110821484135247193206
Total Assets 106104123104171144156269162176305262207

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 034-7-3-21511117-203624-16
Cash from Investing Activity + -3-3310834-44-6-2140-14-621
Cash from Financing Activity + -2-3-3-4-5-5-4-7-19-18-12-13
Net Cash Flow -4-2-01720-11145-8
Free Cash Flow 034-7-3-21511117-213624-16
CFO/OP 39%409%-23%22%-116%883%92%57%-20%164%115%-90%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow10.0018.009.009.0014.0014.006.0015.0043.0047.0025.0026.00

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

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 664054577548451005116561
Inventory Days 483329235753507024337839
Days Payable 995388691166395188262211878
Cash Conversion Cycle 1520-5111739-1-173222523
Working Capital Days 1619-4101936227263227
ROCE %45%57%24%21%30%24%14%23%55%44%22%21%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 50.41%50.41%50.41%50.41%50.41%50.41%50.41%50.41%50.41%50.42%50.41%50.41%
FIIs 1.20%0.00%0.00%0.00%0.09%0.00%0.04%0.01%0.00%0.00%0.00%0.00%
DIIs 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%0.02%0.02%0.02%0.02%
Public 48.37%49.58%49.57%49.57%49.49%49.57%49.55%49.55%49.56%49.57%49.57%49.55%
No. of Shareholders 43,79245,13046,19545,81944,46044,25543,08342,33841,92441,22740,75639,684

Shareholding Pattern Chart

No. of Shareholders

Vinyl Chemicals (I) Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 1.001.001.001.001.00
Basic EPS (Rs.) 12.1711.9119.4419.016.19
Diluted EPS (Rs.) 12.1711.9119.4419.016.19
Cash EPS (Rs.) 12.2311.9619.4919.016.19
Book Value[Excl.RevalReserv]/Share (Rs.) 69.0563.6661.7752.3537.12
Book Value[Incl.RevalReserv]/Share (Rs.) 69.0563.6661.7752.3537.12
Dividend / Share (Rs.) 7.006.7510.0010.003.75
Revenue From Operations / Share (Rs.) 340.85325.45551.96471.58220.32
PBDIT / Share (Rs.) 16.6516.2526.7025.548.34
PBIT / Share (Rs.) 16.5916.2026.6425.548.34
PBT / Share (Rs.) 16.5716.1725.9125.458.31
Net Profit / Share (Rs.) 12.1711.9119.4319.016.19
PBDIT Margin (%) 4.884.994.835.413.78
PBIT Margin (%) 4.864.974.825.413.78
PBT Margin (%) 4.864.964.695.393.77
Net Profit Margin (%) 3.573.653.524.032.80
Return on Networth / Equity (%) 17.6318.7031.4536.3016.67
Return on Capital Employeed (%) 23.8925.2942.8448.4322.12
Return On Assets (%) 8.517.1520.2921.564.22
Long Term Debt / Equity (X) 0.000.000.000.010.01
Total Debt / Equity (X) 0.000.000.000.010.01
Asset Turnover Ratio (%) 2.202.486.004.021.90
Current Ratio (X) 1.931.622.832.471.34
Quick Ratio (X) 1.460.971.461.660.97
Inventory Turnover Ratio (X) 6.830.000.000.000.00
Dividend Payout Ratio (NP) (%) 55.4283.9451.4419.7238.76
Dividend Payout Ratio (CP) (%) 55.1783.5551.2919.7238.74
Earning Retention Ratio (%) 44.5816.0648.5680.2861.24
Cash Earning Retention Ratio (%) 44.8316.4548.7180.2861.26
Interest Coverage Ratio (X) 763.53611.0036.23283.98329.54
Interest Coverage Ratio (Post Tax) (X) 559.34448.6227.37212.29245.55
Enterprise Value (Cr.) 507.69574.53612.80480.31201.52
EV / Net Operating Revenue (X) 0.810.960.600.550.49
EV / EBITDA (X) 16.6219.2712.5110.2513.17
MarketCap / Net Operating Revenue (X) 0.820.970.600.550.52
Retention Ratios (%) 44.5716.0548.5580.2761.23
Price / BV (X) 4.104.975.425.013.13
Price / Net Operating Revenue (X) 0.820.970.600.550.52
EarningsYield 0.040.030.050.070.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Vinyl Chemicals (I) Ltd. is a Public Limited Listed company incorporated on 15/05/1986 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L24100MH1986PLC039837 and registration number is 039837. Currently Company is involved in the business activities of Wholesale of industrial chemicals,. Company's Total Operating Revenue is Rs. 652.44 Cr. and Equity Capital is Rs. 1.83 Cr. for the Year ended 31/03/2026.
INDUSTRYADDRESSCONTACT
Chemicals - Organic - OthersRegent Chambers, 7th Floor, Mumbai Maharashtra 400021Contact not found
Management
NamePosition Held
Mr. M B ParekhChairman & Managing Director
Mr. N K ParekhDirector
Mr. A B ParekhDirector
Mr. P D ShahDirector
Mr. L ViswanathanDirector
Mrs. Shailashri BhaskarDirector

FAQ

What is the intrinsic value of Vinyl Chemicals (I) Ltd and is it undervalued?

As of 07 May 2026, Vinyl Chemicals (I) Ltd's intrinsic value is ₹133.94, which is 48.09% lower than the current market price of ₹258.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (12.8 %), book value (₹71.0), dividend yield (2.71 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Vinyl Chemicals (I) Ltd?

Vinyl Chemicals (I) Ltd is trading at ₹258.00 as of 07 May 2026, with a FY2026-2027 high of ₹357 and low of ₹160. The stock is currently in the middle of its 52-week range. Market cap stands at ₹475 Cr..

How does Vinyl Chemicals (I) Ltd's P/E ratio compare to its industry?

Vinyl Chemicals (I) Ltd has a P/E ratio of 28.8, which is below the industry average of 174.41. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Vinyl Chemicals (I) Ltd financially healthy?

Key indicators for Vinyl Chemicals (I) Ltd: ROCE of 17.3 % indicates efficient capital utilization. Dividend yield is 2.71 %.

Is Vinyl Chemicals (I) Ltd profitable and how is the profit trend?

Vinyl Chemicals (I) Ltd reported a net profit of ₹22 Cr in Mar 2025 on revenue of ₹625 Cr. Compared to ₹35 Cr in Mar 2022, the net profit shows a declining trend.

Does Vinyl Chemicals (I) Ltd pay dividends?

Vinyl Chemicals (I) Ltd has a dividend yield of 2.71 % at the current price of ₹258.00. This is a relatively attractive yield for income-seeking investors.

Last Updated: May 5, 2026, 1:57 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 524129 | NSE: VINYLINDIA
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Vinyl Chemicals (I) Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE