Vinati Organics Limited is a leading manufacturer of speciality chemicals and organic intermediaries. The company’s operations are spread across over 40 countries globally. The company is a leading exporter of speciality chemicals. It has market share above 65% in specific verticals in the speciality chemicals segment in India.
Since its inception in 1989, the company has progressed from being a single product manufacturer to a diversified business. The company offers an extensive range of products to some of the largest industrial and chemical companies across the United States, Europe and Asia.
The Company is world’s largest manufacturer of Isobutyl Benzene (IBB) and 2-Acrylmido 2 Methylpropane sulfonic Acid (ATBS). It’s also India’s largest manufacturer of Isobutylene (IB). These Butyl Phenols are prime raw material for the manufacturing of ibuprofen.
The Mumbai-headquartered company was founded as a partnership firm. The company was promoted by Maharashtra Petrochemicals Corporation (MPCL). The company launched its initial public offering (IPO) in November 1991 to fund its new plant with 1,200 tonnes per annum capacity to manufacture iso butyl benzene, in Mahad. The commercial production at the plant commenced in July 1992.
Market Capitalisation of Vinati Organics Limited stood at over ₹17,500 crore as of January 24, 2024. Vinati Organics share price has surged 40% in the last three years.
The company primarily produces organic intermediates, monomers and polymers. The product range of the company includes aromatics, industrial monomers and industrial polymers.
Vinati Organics’ manufacturing units are located in Mahad of Raigad district, and Lote-Parshuram of Ratnagiri district in Maharashtra.
In 1999-2000, the company acquired 22 acres of land in Lote-Parshuram to set up a new manufacturing unit for fine chemicals like Sodium Methallyl Sulfonate (SMAS). The chemical is produced only by a few manufacturers in the world. The company also started production of Acrylamido Methyl propane Sulfonic Acid (ATBS), manufactured by only two companies in the world.
The company’s manufacturing facilities are equipped with advanced technologies that adhere to green practices to minimise environmental hazards. The company invests in technologies that can minimise the impact of environmental hazards. The company’s plants are ISO 14001 certified, conforming to the environmental management system standards.
The company commissioned a 14MW solar power plant in 2021-22. It also commissioned a solar power plant of 6.5MW in Solapur, Maharashtra. In 2022-23, the company commissioned two solar power plants. A 7MW plant at Solapur Karajagi and another 7.5MW plant at Osmanabad Tuljapur in Maharashtra.
The company’s consolidated revenue from operations stood at ₹2,157.13 crore in FY23, up 28.67% year-on-year compared to ₹1,676.42 crore in FY22.
Its consolidated profit after tax (PAT) in FY23 stood at ₹458 crore compared to ₹346.61 crore in FY22.
The company’s earnings per share stood at ₹44.56 in FY23 as against ₹33.73 in FY22.
The company’s EBITDA (earnings before interest, taxes, depreciation, and amortisation) in FY23 surged 37% to ₹595 crore compared to ₹434 crore in FY22.
As of 26 May 2026, Vinati Organics share price is ₹1,354.70. The stock opened at ₹1,340.00, compared to its previous close of ₹1,318.50. During today's trading session, Vinati Organics share price moved in the range of ₹1,326.20 to ₹1,360.00, with an average price of ₹1,343.10 for the day. Looking at its last 52-week, the stock has touched a low of ₹1,326.20 and a high of ₹1,360.00. On the performance front, Vinati Organics share price has declined by 16.31% over the last six months and is down 27.56% on a year-on-year basis.
The market capitalization of Vinati Organics is ₹13,684 Crs, with a P/E ratio of 30.8 and a dividend yield of 0.64%.