Vinati Organics Ltd

Vinati Organics Ltd

₹ 1,787 0.74%
21 Nov - close price
About

Incorporated in 1989, Vinati Organics Ltd manufactures specialty organic intermediaries
and Monomers[1]

Key Points

Product Profile:
a) Specialty Aromatics[1]
Iso butyl benzene/ IBB, N-Butyl Benzene, Secondary Butyl Benzene, Tertiary Amyl Benzene,
3- Phenylpentane, The C10 Aromatic solvent,
4 -Butylaniline.

b) Specialty Monomers:[2]
2-acrylamido 2-methyl Propane Sulphonic
Acid (ATBS), Sodium Salt Of 2-acrylamido-2-methylpropane Sulphonic Acid (NAATBS), N-tertiary Butyl Acrylamide (TBA), N-tertiary
Octyl Acrylamide (TOA)

c) Butyl Phenols:[3]
Ortho Tertiary Butyl Phenol/2 Tert Butylphenol, Para Tertiary Butyl Phenol/ 4 Tert Butyl Phenol,
2, 4 Di Tert Butylphenol, 2, 6 Di Tert Butylphenol

d) Other Specialty Products:[4]
Isobutylene, Methanol, High purity Methyl Tertiary Butyl Ether, Tertiary Butylamine, Para tertiary butyl Benzoic Acid, Methyl 4-Tertiary butyl benzoate, Mixed Hexene

e) Miscellaneous Polymers:[5]
Vintreat Polymer, VINPLAST 245,
VINFLOW HT, Isohexane, CAS
64742-49-0

  • Market Cap 18,521 Cr.
  • Current Price 1,787
  • High / Low 2,331 / 1,462
  • Stock P/E 50.1
  • Book Value 249
  • Dividend Yield 0.39 %
  • ROCE 18.5 %
  • ROE 13.8 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 19.6%

Cons

  • Stock is trading at 7.19 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
374 369 486 506 566 517 519 439 463 448 550 525 553
273 276 347 375 418 369 372 338 358 333 400 400 420
Operating Profit 101 93 139 131 148 148 147 100 105 115 150 124 134
OPM % 27% 25% 29% 26% 26% 29% 28% 23% 23% 26% 27% 24% 24%
14 15 15 19 20 11 12 10 11 9 10 9 22
Interest 0 0 0 0 0 0 1 1 1 1 1 0 0
Depreciation 11 12 12 13 13 17 17 17 17 19 20 21 22
Profit before tax 103 96 142 136 155 142 142 92 97 103 139 112 134
Tax % 21% 13% 29% 26% 25% 25% 26% 25% 25% 25% 25% 25% 22%
81 83 101 101 116 107 105 69 72 77 104 84 104
EPS in Rs 7.91 8.10 9.84 9.85 11.29 10.40 10.18 6.75 7.05 7.49 10.05 8.12 10.07
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
1,029 954 1,616 2,066 1,900 2,076
614 601 1,180 1,493 1,429 1,554
Operating Profit 415 353 435 573 471 523
OPM % 40% 37% 27% 28% 25% 25%
45 26 61 52 39 50
Interest 2 1 2 3 5 2
Depreciation 33 43 45 59 73 83
Profit before tax 425 335 449 563 432 488
Tax % 21% 20% 23% 26% 25%
334 269 347 419 323 370
EPS in Rs 32.48 26.20 33.72 40.78 31.15 35.73
Dividend Payout % 17% 23% 19% 17% 22%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 26%
TTM: 7%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 6%
TTM: 5%
Stock Price CAGR
10 Years: 24%
5 Years: 13%
3 Years: -3%
1 Year: 3%
Return on Equity
10 Years: %
5 Years: %
3 Years: 18%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 10 10 10 10 10 10
Reserves 1,269 1,533 1,818 2,203 2,451 2,566
0 2 18 35 5 8
163 188 243 335 374 446
Total Liabilities 1,443 1,734 2,090 2,584 2,840 3,030
751 757 873 1,159 1,489 1,514
CWIP 31 56 51 242 249 399
Investments 227 289 94 227 64 66
434 632 1,071 955 1,038 1,052
Total Assets 1,443 1,734 2,090 2,584 2,840 3,030

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
416 219 127 515 332
-197 -198 -255 -329 -348
-109 -3 -47 -62 -108
Net Cash Flow 109 18 -175 124 -125

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 72 106 104 82 102
Inventory Days 79 115 75 79 72
Days Payable 47 63 46 41 36
Cash Conversion Cycle 104 158 132 120 137
Working Capital Days 97 138 141 113 142
ROCE % 24% 27% 28% 19%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.06% 74.06% 74.06% 74.06% 74.06% 74.06% 74.06% 74.06% 74.06% 74.29% 74.29% 74.29%
4.53% 4.58% 4.66% 4.76% 4.81% 4.79% 4.47% 4.64% 4.71% 4.93% 5.33% 5.48%
7.54% 7.85% 8.11% 7.99% 7.88% 7.90% 8.11% 8.18% 7.55% 7.30% 6.74% 7.27%
13.87% 13.51% 13.17% 13.19% 13.25% 13.26% 13.36% 13.12% 13.69% 13.46% 13.64% 12.96%
No. of Shareholders 75,56072,53972,29875,75980,64584,40490,93493,9891,07,0221,06,8941,00,36393,508

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls