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Nifty
Sensex

:
:

17103.60
58061.41

-48.30 (-0.28%)
-153.18 (-0.26%)

Vinati Organics Ltd.

Chemicals

Rating :

58/99

BSE: 524200 | NSE: VINATIORGA

Watchlist

NSE BSE

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

18,088.61
40.74
1

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

18,102.72
0.37%
8.59

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

11.32
17.23
16.23

EBITDA CAGR (%)

10 Years
5 Years
3 Years

13.73
17.05
0.97

PAT CAGR (%)

10 Years
5 Years
3 Years

17.58
19.23
1.26

P:E (Median)

8 Years
5 Years
3 Years

47.37
62.51
62.51

P:BV (Average)

8 Years
5 Years
3 Years

6.17
11.44
11.44

EV:EBITDA (Average)

8 Years
5 Years
3 Years

23.84
44.38
44.38

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 22 Dec 21 Var% Sep 22 Sep 21 Var% Jun 22 Jun 21 Var% Mar 22 Mar 21 Var%
Net Sales 508.66 368.95 37.87% 566.29 374.10 51.37% 506.31 386.37 31.04% 486.09 279.77 73.75%
Expenses 344.90 276.18 24.88% 417.82 273.08 53.00% 375.44 284.85 31.80% 347.30 180.64 92.26%
EBITDA 163.76 92.77 76.52% 148.47 101.01 46.99% 130.88 101.52 28.92% 138.79 99.12 40.02%
EBIDTM 32.19% 25.14% 26.22% 27.00% 25.85% 26.27% 28.55% 35.43%
Other Income 16.80 14.65 14.68% 19.98 13.58 47.13% 18.70 17.61 6.19% 15.13 6.57 130.29%
Interest 0.02 0.01 100.00% 0.01 0.01 0.00% 0.47 0.01 4,600.00% 0.23 0.11 109.09%
Depreciation 13.05 11.52 13.28% 13.05 11.28 15.69% 12.82 11.01 16.44% 11.69 10.73 8.95%
PBT 167.50 95.90 74.66% 155.38 103.31 50.40% 136.28 108.10 26.07% 142.00 94.85 49.71%
Tax 42.10 12.62 233.60% 39.37 21.95 79.36% 35.09 27.16 29.20% 40.90 23.99 70.49%
PAT 125.41 83.27 50.61% 116.01 81.36 42.59% 101.19 80.95 25.00% 101.10 70.86 42.68%
PATM 24.65% 22.57% 20.49% 21.75% 19.99% 20.95% 20.80% 25.33%
EPS 12.20 8.10 50.62% 11.28 7.91 42.60% 9.84 7.87 25.03% 9.83 6.89 42.67%

Description Dec 22 Dec 21 Var% Sep 22 Sep 21 Var% Jun 22 Jun 21 Var% Mar 22 Mar 21 Var%
Net Sales 508.66 368.95 37.87% 566.29 374.10 51.37% 506.31 386.37 31.04% 486.09 279.77 73.75%
Expenses 344.90 276.18 24.88% 417.83 273.09 53.00% 375.44 284.85 31.80% 347.31 180.65 92.26%
EBITDA 163.76 92.77 76.52% 148.46 101.01 46.98% 130.88 101.52 28.92% 138.78 99.12 40.01%
EBIDTM 32.19% 25.14% 26.22% 27.00% 25.85% 26.27% 28.55% 35.43%
Other Income 16.80 14.60 15.07% 19.98 13.56 47.35% 18.70 17.58 6.37% 15.13 6.56 130.64%
Interest 0.02 0.01 100.00% 0.01 0.01 0.00% 0.47 0.01 4,600.00% 0.23 0.11 109.09%
Depreciation 13.05 11.52 13.28% 13.05 11.28 15.69% 12.82 11.01 16.44% 11.69 10.73 8.95%
PBT 167.50 95.84 74.77% 155.38 103.29 50.43% 136.28 108.08 26.09% 141.99 94.84 49.72%
Tax 42.10 12.62 233.60% 39.37 21.95 79.36% 35.09 27.16 29.20% 40.90 23.99 70.49%
PAT 125.41 83.22 50.70% 116.01 81.33 42.64% 101.19 80.92 25.05% 101.10 70.85 42.70%
PATM 24.65% 22.56% 20.49% 21.74% 19.99% 20.94% 20.80% 25.32%
EPS 12.20 8.10 50.62% 11.29 7.91 42.73% 9.85 7.87 25.16% 9.84 6.89 42.82%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Net Sales 2,067.35 1,615.51 954.26 1,028.87 1,127.92 729.68 640.79 630.95 771.73 696.13 552.86 Net Sales Growth 46.70% 69.29% -7.25% -8.78% 54.58% 13.87% 1.56% -18.24% 10.86% 25.91% Cost Of Goods Sold 1,095.17 860.72 387.66 428.71 525.10 377.56 300.55 296.31 456.54 418.81 335.12 Gross Profit 972.18 754.79 566.60 600.17 602.82 352.12 340.25 334.64 315.18 277.33 217.74 GP Margin 47.03% 46.72% 59.38% 58.33% 53.45% 48.26% 53.10% 53.04% 40.84% 39.84% 39.38% Total Expenditure 1,485.46 1,180.03 601.00 613.99 703.29 531.47 422.95 424.17 579.96 543.25 432.53 Power & Fuel Cost - 120.26 63.38 52.59 56.36 47.91 36.95 31.32 31.33 36.08 30.88 % Of Sales - 7.44% 6.64% 5.11% 5.00% 6.57% 5.77% 4.96% 4.06% 5.18% 5.59% Employee Cost - 83.99 72.64 64.28 54.20 48.98 41.88 35.89 31.90 27.43 22.59 % Of Sales - 5.20% 7.61% 6.25% 4.81% 6.71% 6.54% 5.69% 4.13% 3.94% 4.09% Manufacturing Exp. - 85.47 52.66 50.42 50.19 42.03 30.87 33.24 27.11 22.45 16.15 % Of Sales - 5.29% 5.52% 4.90% 4.45% 5.76% 4.82% 5.27% 3.51% 3.22% 2.92% General & Admin Exp. - 11.17 10.17 8.05 6.49 7.14 4.54 12.60 11.01 9.20 6.61 % Of Sales - 0.69% 1.07% 0.78% 0.58% 0.98% 0.71% 2.00% 1.43% 1.32% 1.20% Selling & Distn. Exp. - 2.48 3.00 2.58 3.18 2.24 2.32 14.76 21.75 24.24 21.18 % Of Sales - 0.15% 0.31% 0.25% 0.28% 0.31% 0.36% 2.34% 2.82% 3.48% 3.83% Miscellaneous Exp. - 15.93 11.49 7.38 7.77 5.59 5.84 0.06 0.32 5.05 21.18 % Of Sales - 0.99% 1.20% 0.72% 0.69% 0.77% 0.91% 0.01% 0.04% 0.73% 0% EBITDA 581.90 435.48 353.26 414.88 424.63 198.21 217.84 206.78 191.77 152.88 120.33 EBITDA Margin 28.15% 26.96% 37.02% 40.32% 37.65% 27.16% 34.00% 32.77% 24.85% 21.96% 21.77% Other Income 70.61 60.96 25.86 44.99 30.17 30.70 12.48 6.16 9.14 9.17 3.76 Interest 0.73 1.65 0.95 2.04 2.18 2.17 2.75 7.86 9.76 18.15 11.54 Depreciation 50.61 45.49 42.91 33.16 27.39 23.36 21.61 18.52 17.66 15.32 9.95 PBT 601.16 449.31 335.26 424.68 425.24 203.37 205.97 186.56 173.50 128.59 102.61 Tax 157.46 102.63 65.92 90.85 142.75 59.49 65.69 54.99 57.70 42.44 33.94 Tax Rate 26.19% 22.84% 19.66% 21.39% 33.57% 29.25% 31.89% 29.48% 33.26% 33.00% 33.08% PAT 443.71 346.68 269.34 333.83 282.49 143.88 140.28 131.57 115.79 86.15 68.66 PAT before Minority Interest 443.71 346.68 269.34 333.83 282.49 143.88 140.28 131.57 115.79 86.15 68.66 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 21.46% 21.46% 28.23% 32.45% 25.05% 19.72% 21.89% 20.85% 15.00% 12.38% 12.42% PAT Growth 40.22% 28.71% -19.32% 18.17% 96.34% 2.57% 6.62% 13.63% 34.41% 25.47% EPS 43.16 33.72 26.20 32.47 27.48 14.00 13.65 12.80 11.26 8.38 6.68

Description TTM Mar 22 Mar 21 Mar 20
Net Sales 2,067.35 1,615.51 954.26 1,028.87 Net Sales Growth 46.70% 69.29% -7.25% Cost Of Goods Sold 1,095.17 860.72 387.66 428.71 Gross Profit 972.18 754.79 566.60 600.17 GP Margin 47.03% 46.72% 59.38% 58.33% Total Expenditure 1,485.48 1,180.04 601.00 613.99 Power & Fuel Cost - 120.26 63.38 52.59 % Of Sales - 7.44% 6.64% 5.11% Employee Cost - 83.99 72.64 64.28 % Of Sales - 5.20% 7.61% 6.25% Manufacturing Exp. - 85.47 52.66 50.42 % Of Sales - 5.29% 5.52% 4.90% General & Admin Exp. - 11.18 10.17 8.05 % Of Sales - 0.69% 1.07% 0.78% Selling & Distn. Exp. - 2.48 3.00 2.58 % Of Sales - 0.15% 0.31% 0.25% Miscellaneous Exp. - 15.94 11.49 7.38 % Of Sales - 0.99% 1.20% 0.72% EBITDA 581.88 435.47 353.26 414.88 EBITDA Margin 28.15% 26.96% 37.02% 40.32% Other Income 70.61 60.91 25.84 44.99 Interest 0.73 1.65 0.95 2.04 Depreciation 50.61 45.49 42.91 33.16 PBT 601.15 449.25 335.24 424.67 Tax 157.46 102.63 65.92 90.85 Tax Rate 26.19% 22.84% 19.66% 21.39% PAT 443.71 346.62 269.32 333.82 PAT before Minority Interest 443.71 346.62 269.32 333.82 Minority Interest 0.00 0.00 0.00 0.00 PAT Margin 21.46% 21.46% 28.22% 32.45% PAT Growth 40.27% 28.70% -19.32% EPS 43.16 33.72 26.20 32.47

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Shareholder's Funds 1,828.14 1,543.41 1,279.41 1,051.28 796.66 680.01 540.78 434.05 310.07 241.25 Share Capital 10.28 10.28 10.28 10.28 10.28 10.32 10.32 10.32 9.87 9.87 Total Reserves 1,817.86 1,533.14 1,269.13 1,041.00 786.39 669.69 530.46 423.73 300.20 231.37 Non-Current Liabilities 94.48 82.67 74.56 87.50 84.01 87.73 62.48 127.66 178.51 161.64 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 13.25 37.24 80.01 108.36 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 29.95 27.17 Long Term Provisions 0.00 0.00 0.00 0.00 0.00 0.00 0.00 51.45 35.39 0.00 Current Liabilities 167.15 107.41 89.01 88.80 99.28 53.40 132.14 88.93 98.92 143.00 Trade Payables 114.57 66.37 55.66 53.12 63.45 32.74 22.34 21.52 14.17 15.63 Other Current Liabilities 28.25 27.00 17.26 18.15 14.24 15.66 47.04 40.14 51.87 44.48 Short Term Borrowings 18.40 2.02 0.35 3.68 15.20 2.32 2.64 1.72 12.27 65.30 Short Term Provisions 5.92 12.01 15.74 13.85 6.39 2.69 60.11 25.56 20.62 17.59 Total Liabilities 2,089.77 1,733.49 1,442.98 1,227.58 979.95 821.14 735.40 650.64 587.50 545.89 Net Block 873.17 756.83 750.76 474.51 456.84 467.60 381.89 327.25 304.19 290.13 Gross Block 1,066.96 905.29 856.49 547.25 502.26 489.19 485.08 412.28 371.07 341.75 Accumulated Depreciation 193.79 148.45 105.73 72.74 45.41 21.59 103.19 85.03 66.88 51.61 Non Current Assets 1,314.12 1,078.54 800.41 696.50 517.06 494.08 424.19 409.91 356.91 304.18 Capital Work in Progress 47.29 54.69 30.97 191.18 34.88 7.38 24.83 20.02 10.09 14.05 Non Current Investment 97.77 107.76 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 279.55 148.31 7.39 19.24 14.36 10.17 15.48 59.70 39.34 0.00 Other Non Current Assets 16.35 10.95 11.29 11.58 10.98 8.93 1.98 2.94 3.30 0.00 Current Assets 775.64 654.95 642.56 531.07 462.90 327.05 311.21 240.73 230.59 241.70 Current Investments 0.12 180.91 227.39 96.47 131.74 61.83 2.74 2.74 2.74 12.77 Inventories 176.16 121.94 93.17 92.39 82.23 65.07 44.70 54.49 46.63 54.64 Sundry Debtors 458.38 277.16 201.78 243.98 177.11 140.54 114.82 129.10 115.05 113.19 Cash & Bank 4.28 6.85 53.70 3.80 5.24 4.75 72.23 27.14 42.70 33.77 Other Current Assets 136.70 14.99 18.22 0.93 66.57 54.86 76.73 27.26 23.46 27.32 Short Term Loans & Adv. 108.21 53.10 48.30 93.50 65.06 53.37 74.71 24.27 22.63 26.60 Net Current Assets 608.50 547.54 553.55 442.28 363.62 273.65 179.07 151.80 131.67 98.70 Total Assets 2,089.76 1,733.49 1,442.97 1,227.57 979.96 821.13 735.40 650.64 587.50 545.88

Description Mar 22 Mar 21 Mar 20
Shareholder's Funds 1,828.02 1,543.41 1,279.41 Share Capital 10.28 10.28 10.28 Total Reserves 1,817.74 1,533.13 1,269.13 Non-Current Liabilities 94.48 82.67 74.56 Secured Loans 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 Long Term Provisions 0.00 0.00 0.00 Current Liabilities 167.25 107.69 89.01 Trade Payables 114.57 66.63 55.66 Other Current Liabilities 28.36 27.03 17.26 Short Term Borrowings 18.40 2.02 0.35 Short Term Provisions 5.92 12.01 15.74 Total Liabilities 2,089.75 1,733.77 1,442.98 Net Block 873.17 756.83 750.76 Gross Block 1,066.96 905.29 856.49 Accumulated Depreciation 193.79 148.45 105.73 Non Current Assets 1,313.76 1,078.63 800.41 Capital Work in Progress 51.48 55.80 30.97 Non Current Investment 93.50 107.75 0.00 Long Term Loans & Adv. 283.52 147.29 7.39 Other Non Current Assets 12.10 10.95 11.29 Current Assets 776.00 655.15 642.56 Current Investments 0.12 180.91 227.39 Inventories 176.16 121.94 93.17 Sundry Debtors 458.38 277.16 201.78 Cash & Bank 4.30 6.85 53.70 Other Current Assets 137.04 14.98 18.22 Short Term Loans & Adv. 108.55 53.30 48.30 Net Current Assets 608.74 547.45 553.55 Total Assets 2,089.76 1,733.78 1,442.97

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Cash From Operating Activity 127.10 218.91 415.93 200.36 138.33 130.43 167.49 112.56 131.46 92.10 PBT 449.31 335.26 424.67 425.24 203.37 205.97 186.56 173.50 128.59 102.61 Adjustment 11.60 30.02 10.64 15.08 15.61 15.94 18.30 14.37 29.61 21.91 Changes in Working Capital -225.68 -85.62 81.12 -113.76 -31.58 -37.96 7.33 -23.29 9.78 -10.24 Cash after chg. in Working capital 235.23 279.65 516.43 326.57 187.40 183.94 212.19 164.57 167.98 114.27 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -108.13 -60.74 -100.50 -126.21 -49.07 -53.50 -44.70 -52.02 -36.52 -22.18 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -255.82 -198.21 -197.46 -242.71 -38.78 -26.79 -72.19 -53.49 -9.03 -112.58 Net Fixed Assets -154.27 -72.52 -149.03 -201.29 -40.57 13.34 -77.61 -51.14 -25.36 -110.31 Net Investments 190.78 -61.28 -130.92 35.27 -69.91 -59.09 0.00 0.00 10.03 -4.87 Others -292.33 -64.41 82.49 -76.69 71.70 18.96 5.42 -2.35 6.30 2.60 Cash from Financing Activity -46.43 -3.10 -109.05 -40.26 -29.86 -45.08 -50.22 -74.63 -113.49 22.30 Net Cash Inflow / Outflow -175.16 17.60 109.42 -82.62 69.69 58.57 45.09 -15.56 8.93 1.82 Opening Cash & Equivalents 176.19 158.58 49.16 131.79 62.10 3.53 27.14 42.70 33.77 31.95 Closing Cash & Equivalent 1.05 176.19 158.58 49.16 131.79 62.10 72.23 27.14 42.70 33.77

Description Mar 22 Mar 21 Mar 20
Cash From Operating Activity 126.77 219.01 415.93 PBT 449.25 335.24 424.67 Adjustment 11.27 29.79 10.64 Changes in Working Capital -225.62 -85.28 81.12 Cash after chg. in Working capital 234.90 279.75 516.43 Interest Paid 0.00 0.00 0.00 Tax Paid -108.13 -60.74 -100.50 Other Direct Exp. Paid 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 Cash From Investing Activity -255.38 -198.30 -197.46 Net Fixed Assets -154.27 -72.52 Net Investments 190.78 -61.28 Others -291.89 -64.50 Cash from Financing Activity -46.54 -3.10 -109.05 Net Cash Inflow / Outflow -175.15 17.61 109.42 Opening Cash & Equivalents 176.19 158.58 49.16 Closing Cash & Equivalent 1.07 176.19 158.58

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Book Value (Rs.) 177.87 150.16 124.48 102.28 77.51 65.90 52.41 42.07 31.40 24.43 ROA 18.14% 16.96% 25.00% 25.59% 15.98% 18.02% 18.99% 18.70% 15.20% 14.45% ROE 20.56% 19.08% 28.65% 30.57% 19.49% 22.98% 26.99% 31.12% 31.25% 32.06% ROCE 26.59% 23.80% 36.55% 45.79% 27.51% 32.99% 35.93% 37.75% 30.89% 27.23% Fixed Asset Turnover 1.64 1.08 1.47 2.15 1.50 1.40 1.49 2.12 2.11 2.25 Receivable days 83.09 91.60 79.07 68.13 78.11 68.40 66.40 53.64 55.26 60.71 Inventory Days 33.68 41.14 32.92 28.26 36.22 29.40 27.00 22.22 24.52 29.82 Payable days 36.85 55.59 31.29 29.38 32.67 22.74 18.66 11.08 10.02 10.16 Cash Conversion Cycle 79.91 77.15 80.69 67.01 81.65 75.07 74.75 64.77 69.76 80.37 Total Debt/Equity 0.01 0.00 0.00 0.00 0.02 0.00 0.08 0.15 0.52 0.98 Interest Cover 272.94 354.57 209.58 196.23 94.51 75.81 24.74 18.79 8.09 9.89

Description Mar 22 Mar 21 Mar 20
Book Value (Rs.) 177.85 150.16 124.48 ROA 18.13% 16.96% 23.13% ROE 20.56% 19.08% 26.09% ROCE 26.59% 23.80% 33.34% Fixed Asset Turnover 1.64 1.08 1.20 Receivable days 83.09 91.60 71.58 Inventory Days 33.68 41.14 33.05 Payable days 36.91 55.71 32.02 Cash Conversion Cycle 79.86 77.02 72.61 Total Debt/Equity 0.01 0.00 0.00 Interest Cover 272.91 354.55 209.58

Top Investors:

mirae asset tax saver fund

canara robeco mutual fund a/c canara robeco flexi cap fund

investor education and protection fund authority ministry of corporate affairs

invesco india tax plan

Annual Reports:

News Update:

Vinati Organics - Quarterly Results
6th Feb 2023, 14:22 PM

Read More
Vinati Organics subscribes additional stake in Veeral Organics
24th Jan 2023, 14:50 PM

The main business object of Veeral Organics is manufacturing of the Organics Fine Specialty Chemicals and is in line of the business of Vinati Organics
Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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