NSE: VISHNU · BSE: 516072 · ISIN INE270I01022
Vishnu Chemicals Limited stock analysis
Vishnu Chemicals Limited ranks #2637 in the TickerSutra evidence-ranked universe with a score of 45/100 and 95% data confidence. The latest captured fundamentals show ROCE of 16.4%, quarterly sales growth of 24.9% and quarterly profit growth of 23.0%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹1,069cr | ₹158cr | ₹81cr | 15.0% |
| 2023 | ₹1,391cr | ₹231cr | ₹137cr | 17.0% |
| 2024 | ₹1,213cr | ₹202cr | ₹101cr | 17.0% |
| 2025 | ₹1,447cr | ₹229cr | ₹127cr | 16.0% |
| 2026 | ₹1,610cr | ₹253cr | ₹142cr | 16.0% |
| TTM | ₹1,696cr | ₹262cr | ₹150cr | 15.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Vishnu Chemicals Limited has informed the Exchange regarding 'Update on Closure of Vishnu International Trading FZE, UAE, Wholly Owned Subsidiary Company'.
RoutineVishnu Chemicals Ltd - 516072 - Update On Closure Of Vishnu International Trading FZE, UAE, Wholly Owned Subsidiary CompanyBSE · 22 Sept 2026Update of Closure of Vishnu International Trading FZE, UAE, Wholly Owned Subsidiary Company is enclosed.
MANAGEMENT COMMENTARY
Signals from filed documents
Overall, the chromium business performed better in this quarter compared to the quarters gone by. The margin improvement in our stand-alone chromium chemical business was because of 2 fronts. One was the blended realization for the business improved over the quarter, and that was due to the strategic shift that we have decided to take to sell more of higher value -added derivatives such as Chromic Acid or Chrome Oxid
And because the transaction is between related parties, we need to be very clear on the transfer pricing mechanism. So whenever there is a trade between our South African entity and Indian entity, it will be as per the regulatory norms as prescribed in transfer pricing regulations. So on the subsidiary -- sorry, on the stand - alone side, I think so there was a shutdown.
Vishnu Chemicals Limited August 03, 2026 Page 3 of 16 Our barium business contin ues to perform consistently with operations running at optimum capacity utilization. We are further investing in our backward integration, which will improve raw material security and enhance product quality for our customers. We are also encouraged by the progress in strontium business and expect the business to deliver value in the rem
More than the margin pressure, it's a stabilization phase for our strontium chemistry business. It's very hard to say that the current margins that we have achieved in strontium are the normalized ones because we are anticipa ting that as we improve our chemistry, as we improve our operations, the operating leverage as well as the efficiencies will also start coming in, in this business. What we can see in terms of m
Hanumant Bhansali: Thank you so much for your question. More than the margin pressure, it's a stabilization phase for our strontium chemistry business. It's very hard to say that the current margins that we have achieved in strontium are the normalized ones because we are anticipa ting that as we improve our chemistry, as we improve our operations, the operating leverage as well as the efficiencies will also start co
Siddartha Cherukuri: I mean, it's already visible in the numbers since it's -- we are not quantifying and actually, we don't in terms of what product, what is the margin. I think in terms of demand visibility as well as customer approvals are already in place, both in the domestic and Vishnu Chemicals Limited August 03, 2026 Page 16 of 16 export market. And during our last con -call, I also did mention about increasi
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
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