1. Vinati Organics
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46% Sell

Vinati Organics Share Price

VINATIORGA

₹1,581.00+₹43.60 (2.84%) Past Year
₹1,539.00₹1,585.10
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Company overview

About

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Market cap

Market Cap Switch₹16,811 Cr

Open

₹1,540.00

Close

₹1,537.40

Circuit range

₹1,844.85 - ₹1,229.95

Day range

₹1,539.00 - ₹1,585.10

Year range

₹1,462.20 - ₹2,034.00

Volume

1,65,531

Avg. traded

₹1,564.62

Revenue (12m)

₹1,845 Cr

Vinati Organics

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.

Vinati Organics business operations

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.

Financial highlights

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.

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Vinati Organics Key indicators

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52 week high

₹2,034.00

52 week low

₹1,462.20

P/E ratio

44.29

P/B ratio

6.67

ROE

22.63%

ROCE

30.35%

Dividend yield

0.46%

Debt/Equity ratio

EPS

44.56

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Investment checklist: (4/6)

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Equity returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Sell

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Buy

31%

Hold

23%

Sell

46%

This analysis is based on the reviews of 13 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

32.09%

Net profit margin

21.97%

ROE

22.63%

ROA

19.75%

ROCE

30.35%

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Vinati Organics Shareholder returns

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1 day

+3.65%

1 week

+1.10%

1 month

-5.85%

3 months

-10.30%

1 year

-17.95%

3 years

-1.88%

5 years

+78.57%

Revenue statement

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Vinati Organics Share Price history

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DayOpenCloseDay’s change
Wed, Apr 10 2024
₹1,488.65
₹1,537.40
+3.17%
Tue, Apr 9 2024
₹1,497.95
₹1,483.20
-0.99%
Mon, Apr 8 2024
₹1,499.95
₹1,488.25
-0.79%
Fri, Apr 5 2024
₹1,507.65
₹1,489.95
-1.19%
Thu, Apr 4 2024
₹1,535.00
₹1,500.15
-2.32%
Wed, Apr 3 2024
₹1,509.00
₹1,520.65
+0.77%
Tue, Apr 2 2024
₹1,480.00
₹1,499.30
+1.29%
Mon, Apr 1 2024
₹1,470.60
₹1,469.40
-0.08%

Shareholding info

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Promoters (74.06%)

Mutual Funds (7.45%)

Retail and other (13.68%)

Foreign institutions-FII (4.71%)

Other domestic institutions (0.1%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹7/share

    Ex date 01 Sep 2023

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  • Dividend • ₹6.5/share

    Ex date 06 Sep 2022

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Frequently asked questions