V

Vinati Organics Limited

VINATIORGA
Market snapshot · 2026-08-11 03:20 UTC

1,321.60

₹-3.30 (-0.25%)

MARKET CAP

₹13.71K Cr

STOCK P/E

30.6x

52W HIGH

₹1,849.90

52W LOW

₹1,203.00

BOOK VALUE

₹305.04

EPS

₹43.19

ROE

SECTOR

Materials

DEBT/EQUITY

VOLUME

27,111

P/B RATIO

4.33x

PEG RATIO

6.82

Sector

Materials

Themes

Specialty Chemicals
D
Dividend
E
Earnings
₹1,736.80₹1,616.20₹1,495.60₹1,375.00₹1,254.40VolumeEDEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Valuation Metrics

Trading 21.7% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.72). Confidence: 88%.

Live forward EPS implies next-12-month EPS of ₹56.85. Applying the stock's normalized valuation corridor produces a fair range of ₹2,070.48 to ₹2,410.44, with base value near ₹2,228.52 (+68.6% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹56.85

Forward P/E

23.3x

Base Fair Value

₹2,228.52

Fair Range

₹2,070.48 - ₹2,410.44

Upside To Base

+68.6%

Estimate Source

Live forward EPS

Growth Estimate

+4.5%

P/E
Strongly Undervalued

5Y Average

41.07

Current

30.68

Overvalued

42.40

Undervalued

36.42

EV/EBITDA
Strongly Undervalued

5Y Average

27.29

Current

20.33

Overvalued

30.06

Undervalued

25.30

P/B
Strongly Undervalued

5Y Average

5.60

Current

4.33

Overvalued

6.44

Undervalued

4.76

Peers & Comparison

Sector: Materials · Theme: Specialty Chemicals

Specialty Chemicals Peers8 peers
Avg P/E: 49.2x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
SUPREME PETROCHEM LIMITED
SPLPETROSpecialty Chemicals
+23.7%8.5%
27.2x
Undervalued
-45% vs avg
-4.8%
FINE ORGANIC IND. LTD.
FINEORGSpecialty Chemicals
+22.1%17.8%
36.9x
Undervalued
-25% vs avg
+5.6%
ALKYL AMINES CHEM. LTD
ALKYLAMINESpecialty Chemicals
-4.6%11.8%
43.6x
Fair
-11% vs avg
-9.0%
CLEAN SCIENCE & TECH LTD
CLEANSpecialty Chemicals
+10.5%23.7%
36.6x
Undervalued
-26% vs avg
-32.3%
GALAXY SURFACTANTS LTD
GALAXYSURFSpecialty Chemicals
+14.8%5.1%
27.6x
Undervalued
-44% vs avg
-14.4%
NAVIN FLUORINE INT. LTD
NAVINFLUORSpecialty Chemicals
+44.1%21.7%
53.0x
Fair
+8% vs avg
+71.4%
AETHER INDUSTRIES LIMITED
AETHERSpecialty Chemicals
+27.5%19.1%
89.6x
Premium
+82% vs avg
+117.0%
ANUPAM RASAYAN INDIA LTD
ANURASSpecialty Chemicals
+27.5%7.2%
78.8x
Premium
+60% vs avg
+6.7%
WHY THESE PEERS

VINATI ORGANICS LTD trades at a discount (30.6x vs peer avg 49.2x), suggesting potential undervaluation relative to the Specialty Chemicals cohort. Peers include SUPREME PETROCHEM LIMITED, FINE ORGANIC IND. LTD., ALKYL AMINES CHEM. LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹529 CrDec 2025

Latest net profit

₹108 CrDec 2025

Latest EPS

₹10.46Dec 2025

Net margin

25.8%Dec 2025

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.0%8.0%16.0%24.0%32.0%0.00 Cr200 Cr400 Cr600 Cr800 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr200 Cr400 Cr600 Cr800 Cr₹0₹4₹8₹12₹16
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeProfitbefore taxTax & otherNet Profit0.00 Cr150 Cr300 Cr450 Cr600 Cr

Latest reported period: Dec 2025

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
20212022202320242025-105 Cr0.00 Cr105 Cr210 Cr315 Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales519431463448550525553522648542546529
Expenses372322358333400400419379465376368368
Operating Profit13195.887.4895.37131106114122163145157137
OPM %25.16%22.23%18.9%21.29%23.77%20.11%20.52%23.44%25.2%26.66%28.75%25.8%
Other Income11.5615.3310.578.839.639.2622.216.686.147.315.938.84
Interest0.710.270.860.990.850.450.070.090.160.37
Depreciation16.5213.1917.3119.3319.4119.5620.5120.520.1821.2821.5324.27
Profit before tax14211197.19103140114136129169151173145
Tax %26.04%24.91%25.42%25.39%25.13%24.79%18.98%25.85%24.68%25.54%25.42%25.39%
Net Profit10583.2472.4877.011048611095.55128113129108
EPS in Rs10.108.106.997.4310.088.3010.239.2212.3110.8812.4510.46

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters74.28%74.28%74.28%74.28%74.28%
FII3.83%3.86%3.77%3.77%3.72%
DII9.20%9.24%9.54%9.83%9.90%
Public10.28%10.05%9.89%9.68%9.67%
Others2.41%2.57%2.52%2.44%2.43%
Mar 2026
Promoters
FII
DII
Public
Others