Vinati Organics Limited (VINATIORGA) AI Stock Analysis

• Market Cap: ₹163.84B
• Dividend Yield: 0.48%
• Average Volume (3M): 1.59K
• Price to Earnings (P/E): 37.6
• Beta (1Y): 0.90
• Revenue Growth: 8.96%
• EPS Growth: 17.70%
• Country: IN
• Employees: 1,279
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 11.10
• Shares Outstanding: 103,665,634
• 10 Day Avg. Volume: 1,522
• 30 Day Avg. Volume: 1,587
• PEG Ratio: 1.59
• Price to Book (P/B): 5.87
• Price to Sales (P/S): 7.33
• P/FCF Ratio: -389.88
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: ₹1,888.00 ▲(17.96% Upside)

Vinati Organics Limited demonstrates strong financial performance with robust revenue growth and profitability, which is the most significant factor in the overall score. However, the high P/E ratio and modest dividend yield suggest a high valuation, which may limit immediate investment appeal. Technical indicators show a stable but non-trending market position, contributing to a moderate overall score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business expansion and stability.

Profitability

High profitability margins reflect efficient cost management and robust operational performance, enhancing the company's competitive position.

Balance Sheet Health

A strong balance sheet with low leverage ensures financial stability and flexibility, allowing for strategic investments and growth opportunities.

Negative Factors

Free Cash Flow Constraints

Negative free cash flow due to high capital expenditures may limit the company's ability to fund new projects and respond to market changes.

High Capital Expenditures

Sustained high capital spending could strain financial resources, potentially affecting liquidity and the ability to invest in growth initiatives.

Cash Flow Management

Negative cash flow relative to net income suggests challenges in converting profits into cash, which could impact financial flexibility.

Vinati Organics Limited Business Overview & Revenue Model

Company Description

Vinati Organics Limited, a specialty chemical company, engages in the manufacture and sale of specialty organic intermediaries and monomers primarily in India. It offers specialty monomers comprising 2-acrylamido 2-methylpropane sulphonic acid, sodium salt of 2-acrylamido-2-methylpropane sulphonic acid, N-tertiary butyl acrylamide, and N-tertiary octyl acrylamide. The company also provides aromatics, including isobutyl benzene, which is used as raw material for manufacturing ibuprofen, an anti-inflammatory analgesic bulk drug; normal butyl benzene that is used as compound for chemical synthesis of a number of intermediates; hexenes, which is used as low boiling point solvents, as thinners, for solvent extractions, in tire retreading, as octane booster for gasoline, and for manufacturing C-5/C-6 aliphatic petroleum; and butyl phenols. In addition, it offers methyl-4-tert butyl benzoate; para tertiary butyl benzoic acid; isobutylene, a carbon branched olefin; methanol for use as a chemical intermediate; high purity methyl tertiary butyl ether that is used as a solvent in organic synthesis, pharmaceutical synthesis, and synthesis of Grignard's reagent; tertiary-butylamine; and polymers for use in industries, such as construction, ceramics, oil drilling, mining, leather, and paper. The company also exports its products primarily to the United States, Europe, and Asia. Vinati Organics Limited was incorporated in 1989 and is based in Mumbai, India.

How the Company Makes Money

Vinati Organics generates revenue primarily through the sale of specialty chemicals and intermediates used in various industries, including pharmaceuticals, agrochemicals, and plastics. The company has multiple key revenue streams, including the production and sale of its flagship products like methyl methacrylate and isobutylbenzene, which are in high demand globally. Additionally, Vinati Organics benefits from strategic partnerships and collaborations with other companies in the chemical sector, enhancing its market reach and operational efficiencies. The company's commitment to research and development also allows it to innovate and introduce new products, contributing to its overall earnings and market competitiveness.

Vinati Organics Limited Financial Statement Overview

Summary

Vinati Organics Limited exhibits strong financial performance with robust revenue growth and profitability, supported by a stable balance sheet with low leverage. Despite challenges in free cash flow due to high capital expenditures, the company maintains healthy operational cash flow. Overall, the financial health is robust, with potential for continued growth and expansion.

Income Statement

Vinati Organics Limited demonstrates a robust income statement with strong revenue growth and profitability. The gross profit margin for 2025 is approximately 40.1%, indicating efficient cost management. The net profit margin has also improved to 18%, reflecting enhanced profitability. Notably, the revenue growth rate from 2024 to 2025 is 18.9%, showcasing significant business expansion. Additionally, the EBIT and EBITDA margins stand at 33.9% and 25.8%, respectively, highlighting strong operational efficiency.

Balance Sheet

The balance sheet of Vinati Organics Limited is stable with a low debt-to-equity ratio of 0.02, indicating minimal leverage and reduced financial risk. The return on equity (ROE) for 2025 is 14.5%, showing effective utilization of shareholder funds to generate profits. The equity ratio is high at 85.2%, reflecting a strong capital structure with a significant portion of assets financed by equity. Overall, the balance sheet suggests financial stability and low risk.

Cash Flow

Cash flow analysis reveals a mixed scenario. The free cash flow has significantly declined from -719.1 million in 2024 to -420.5 million in 2025, but the operating cash flow to net income ratio is favorable at 1.13, indicating good cash generation from operations relative to net income. However, the free cash flow to net income ratio is negative due to high capital expenditures, suggesting potential constraints on cash availability for investment and expansion.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	22.65B	22.36B	18.90B	20.65B	16.13B	9.42B
Gross Profit	9.27B	9.01B	5.49B	10.01B	7.52B	5.55B
EBITDA	6.52B	5.81B	5.10B	6.25B	4.96B	3.79B
Net Income	4.25B	4.05B	3.23B	4.19B	3.47B	2.69B
Balance Sheet
Total Assets	0.00	32.79B	28.40B	25.47B	20.90B	17.34B
Cash, Cash Equivalents and Short-Term Investments	139.30M	139.30M	333.80M	2.03B	142.48M	1.88B
Total Debt	0.00	626.30M	46.46M	2.01M	183.99M	20.25M
Total Liabilities	-27.93B	4.86B	3.82B	3.29B	2.62B	1.90B
Stockholders Equity	27.93B	27.93B	24.62B	22.18B	18.28B	15.43B
Cash Flow
Free Cash Flow	0.00	-420.50M	-719.14M	2.99B	-471.06M	1.36B
Operating Cash Flow	0.00	4.58B	3.32B	5.77B	1.27B	2.19B
Investing Cash Flow	0.00	-4.43B	-3.48B	-3.67B	-2.55B	-1.98B
Financing Cash Flow	0.00	-155.80M	-1.08B	-859.60M	-465.42M	-30.98M

Vinati Organics Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1600.55
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VINATIORGA, the sentiment is Positive. The current price of 1600.55 is above the 20-day moving average (MA) of 1588.27, below the 50-day MA of 1612.74, and below the 200-day MA of 1715.12, indicating a neutral trend. The MACD of 1.63 indicates Negative momentum. The RSI at 59.76 is Neutral, neither overbought nor oversold. The STOCH value of 61.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:VINATIORGA.

Vinati Organics Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VINATIORGA	69 Neutral	₹163.84B	37.59	―	0.48%	8.96%	17.70%
ATUL	64 Neutral	₹178.86B	32.99	―	0.41%	16.46%	43.59%
NAVINFLUOR	64 Neutral	₹292.10B	64.27	―	0.23%	30.05%	70.18%
AARTIIND	62 Neutral	₹131.26B	45.10	―	0.26%	8.26%	-34.62%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
BASF	59 Neutral	₹162.41B	43.30	―	0.51%	0.43%	-42.29%
DEEPAKNTR	52 Neutral	₹217.84B	40.99	―	0.44%	-7.50%	-37.67%

Vinati Organics Limited Corporate Events

Vinati Organics Publishes Q2 Financial Results

Vinati Organics Limited announced the publication of its unaudited standalone and consolidated financial results for the second quarter and half-year ending September 30, 2025. These results were approved by the Board of Directors and published in compliance with SEBI regulations. The publication, which includes a Quick Response code for accessing complete financial details, reflects the company’s commitment to transparency and regulatory compliance, potentially impacting its market perception and stakeholder confidence.