Vinati Organics Limited (VINATIORGA) AI Stock Analysis

• Market Cap: ₹170.80B
• Dividend Yield: 0.42%
• Average Volume (3M): 2.45K
• Price to Earnings (P/E): 42.1
• Beta (1Y): 0.92
• Revenue Growth: 19.74%
• EPS Growth: 15.60%
• Country: IN
• Employees: 1,279
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Chemicals - Specialty
• EPS (TTM): 12.00
• Shares Outstanding: 103,665,634
• 10 Day Avg. Volume: 2,807
• 30 Day Avg. Volume: 2,453
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ₹2,039.50
• Price Target Upside: 23.78% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 67 Neutral
• Price Target: ₹1,999.00 ▲(21.32% Upside)

The overall stock score of 67 reflects strong financial performance, particularly in revenue growth and profitability. However, bearish technical indicators and a high P/E ratio suggest caution. The stock's valuation and recent price trends contribute to a moderate score.

Vinati Organics Limited Business Overview & Revenue Model

Company Description

Vinati Organics Limited (VINATIORGA) is an Indian specialty chemical company that operates in the chemical manufacturing sector. It is primarily engaged in the production of specialty chemicals and organic intermediates. The company's core products include IBB (Iso Butyl Benzene), ATBS (Acrylamido Tertiary Butyl Sulfonic Acid), and other derivatives, which serve various industries such as pharmaceuticals, agrochemicals, water treatment, and textiles.

How the Company Makes Money

Vinati Organics Limited generates revenue through the sale of its specialty chemicals and organic intermediates. The company focuses on high-margin products like ATBS, which is used in a wide range of applications including water treatment, textiles, adhesives, and personal care products. IBB, another major product, is a key raw material for the production of Ibuprofen, a widely used pharmaceutical product. The company's revenue streams are significantly supported by its strong manufacturing capabilities, diversified product portfolio, and a global distribution network. Additionally, Vinati Organics benefits from long-term relationships and contracts with major global clients, enhancing its earnings stability and growth potential.

Vinati Organics Limited Financial Statement Overview

Summary

Vinati Organics Limited exhibits strong financial performance with substantial 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.

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	Mar 2025	Mar 2024	Mar 2022	Mar 2023	Mar 2021
Income Statement
Total Revenue	22.48B	18.90B	16.13B	20.85B	9.42B
Gross Profit	9.01B	5.49B	7.52B	10.01B	5.55B
EBITDA	5.81B	5.10B	4.96B	6.25B	3.79B
Net Income	4.05B	3.23B	3.47B	4.19B	2.69B
Balance Sheet
Total Assets	32.79B	28.40B	20.90B	25.47B	17.34B
Cash, Cash Equivalents and Short-Term Investments	139.30M	376.97M	142.48M	2.37B	1.88B
Total Debt	626.30M	46.46M	183.99M	2.01M	20.25M
Total Liabilities	4.86B	3.82B	2.62B	3.29B	1.90B
Stockholders Equity	27.93B	24.62B	18.28B	22.18B	15.43B
Cash Flow
Free Cash Flow	-420.50M	-719.14M	-471.06M	2.99B	1.36B
Operating Cash Flow	4.58B	3.32B	1.27B	5.77B	2.19B
Investing Cash Flow	-4.43B	-3.48B	-2.55B	-3.67B	-1.98B
Financing Cash Flow	-155.80M	-1.08B	-465.42M	-859.60M	-30.98M

Vinati Organics Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1647.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VINATIORGA, the sentiment is Negative. The current price of 1647.65 is below the 20-day moving average (MA) of 1846.93, below the 50-day MA of 1892.85, and below the 200-day MA of 1761.88, indicating a bearish trend. The MACD of -65.81 indicates Positive momentum. The RSI at 18.75 is Positive, neither overbought nor oversold. The STOCH value of 5.12 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:VINATIORGA.

Vinati Organics Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NAVINFLUOR	72 Outperform	₹250.61B	68.47		0.25%	21.52%	36.24%
BASF	69 Neutral	₹201.28B	50.84		0.43%	5.63%	-41.01%
VINATIORGA	67 Neutral	₹170.80B	42.15		0.42%	19.74%	15.60%
ATUL	63 Neutral	₹189.77B	37.99		0.39%	17.95%	50.93%
AARTIIND	61 Neutral	₹134.91B	56.92		0.27%	4.09%	-51.04%
DEEPAKNTR	60 Neutral	₹254.14B	36.45		0.40%	-23.95%	-29.72%
Sector *	44 Neutral	C$923.76M	-8.68	-0.23%	2.69%	24.53%	-41.45%

Vinati Organics Limited Corporate Events

Vinati Organics Reports Fatal Accident at Maharashtra Plant

Vinati Organics Limited reported a tragic incident at its manufacturing facility in Lote MIDC, Maharashtra, resulting in the death of an employee. Despite the accident, the company anticipates no significant financial or operational impact, citing adequate insurance coverage and a commitment to legal compliance and employee safety.