NSE: VINATIORGA · BSE: 524200 · ISIN INE410B01037
Vinati Organics Limited stock analysis
Vinati Organics Limited ranks #474 in the TickerSutra evidence-ranked universe with a score of 64/100 and 95% data confidence. The latest captured fundamentals show ROCE of 21.4%, quarterly sales growth of 28.7% and quarterly profit growth of 9.6%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 21.4%
- Low debt/equity of 0×
- Strong CFO/EBITDA of 0.91×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- No calculated threshold risk in the current snapshot.
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹1,616cr | ₹435cr | ₹347cr | 27.0% |
| 2023 | ₹2,066cr | ₹573cr | ₹419cr | 28.0% |
| 2024 | ₹1,900cr | ₹471cr | ₹323cr | 25.0% |
| 2025 | ₹2,248cr | ₹587cr | ₹415cr | 26.0% |
| 2026 | ₹2,228cr | ₹689cr | ₹488cr | 31.0% |
| TTM | ₹2,384cr | ₹704cr | ₹499cr | 30.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Vinati Organics Limited has informed the Exchange regarding 'Interview Of Ms. Vinati Saraf Mutreja, Managing Director & CEO, On CNBC-TV18'.
RoutineVinati Organics Ltd-$ - 524200 - Interview Of Ms. Vinati Saraf Mutreja, Managing Director & CEO, On CNBC-TV18BSE · 29 Sept 2026Please refer attached
RoutineTrading WindowBSE · 28 Sept 2026Vinati Organics Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineShareholders meetingNSE · 23 Sept 2026Vinati Organics Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 23, 2026
RoutineVinati Organics Ltd-$ - 524200 - Shareholder Meeting / Postal Ballot-Outcome of AGMBSE · 23 Sept 2026Proceedings of 37th Annual General Meeting of the Company held on Wednesday , September 23,2026
MANAGEMENT COMMENTARY
Signals from filed documents
In FY 2026, we incurred approximately INR270 crores in capex, including investments in V OPL towards capacity expansion, new product development and operational scalability. We successfully completed our ATBS capacity expansion during the year, significantly enhancing our ability to meet growing demand. Our commitment to innovation remains strong.
IB and HP -MTBE reported a stable performance during the year, and we expect both products to achieve double - digit growth in FY 2027. IBB volume declined by approximately 20% compared to FY 2025. This is partly attributed to the unavailability of key raw materials involved in the manufacturing of IBB on account of Iran war.
And my second question is more on the industry level. So the sector has faced many headwinds such as channel destocking, pricing pressure, Chinese overcapac ity, U.S. So where is the industry headed now?
Archit Joshi: I have 2 quick questions. In VOPL, the line of products that we are planning earlier within which I believe 4 -MAP is facing certain challenges due to backward integration done by a few customers. Have we made any plans to discontinue t hat?
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
DIRECTOR & BUSINESS NETWORK
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