Vinati Organics Ltd
Vinati Organics is engaged in manufacturing of speciality organic intermediates and monomers.
- Market Cap ₹ 18,241 Cr.
- Current Price ₹ 1,775
- High / Low ₹ 2,377 / 1,693
- Stock P/E 39.8
- Book Value ₹ 216
- Dividend Yield 0.37 %
- ROCE 30.3 %
- ROE 22.6 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Stock is trading at 8.22 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
447 | 554 | 696 | 772 | 631 | 641 | 730 | 1,128 | 1,029 | 954 | 1,616 | 2,085 | |
352 | 434 | 543 | 580 | 424 | 423 | 531 | 703 | 614 | 601 | 1,180 | 1,489 | |
Operating Profit | 95 | 120 | 153 | 192 | 207 | 218 | 198 | 425 | 415 | 353 | 435 | 595 |
OPM % | 21% | 22% | 22% | 25% | 33% | 34% | 27% | 38% | 40% | 37% | 27% | 29% |
3 | 4 | 9 | 9 | 6 | 12 | 31 | 30 | 45 | 26 | 61 | 72 | |
Interest | 9 | 12 | 18 | 10 | 8 | 3 | 2 | 2 | 2 | 1 | 2 | 1 |
Depreciation | 7 | 10 | 15 | 18 | 19 | 22 | 23 | 27 | 33 | 43 | 45 | 52 |
Profit before tax | 82 | 103 | 129 | 174 | 187 | 206 | 203 | 425 | 425 | 335 | 449 | 615 |
Tax % | 33% | 33% | 33% | 33% | 29% | 32% | 29% | 34% | 21% | 20% | 23% | 26% |
Net Profit | 55 | 69 | 86 | 116 | 132 | 140 | 144 | 282 | 334 | 269 | 347 | 458 |
EPS in Rs | 5.56 | 6.97 | 8.75 | 11.22 | 12.75 | 13.59 | 14.00 | 27.48 | 32.48 | 26.20 | 33.73 | 44.56 |
Dividend Payout % | 18% | 18% | 17% | 16% | 16% | 2% | 16% | 13% | 17% | 23% | 19% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 23% |
3 Years: | 27% |
TTM: | 29% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 26% |
3 Years: | 11% |
TTM: | 32% |
Stock Price CAGR | |
---|---|
10 Years: | 42% |
5 Years: | 29% |
3 Years: | 23% |
1 Year: | -11% |
Return on Equity | |
---|---|
10 Years: | 24% |
5 Years: | 23% |
3 Years: | 21% |
Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |
Reserves | 177 | 231 | 300 | 424 | 530 | 670 | 786 | 1,041 | 1,269 | 1,533 | 1,818 | 2,209 |
173 | 237 | 162 | 65 | 42 | 2 | 15 | 4 | 0 | 2 | 18 | 0 | |
45 | 67 | 80 | 100 | 104 | 139 | 168 | 173 | 163 | 188 | 243 | 328 | |
Total Liabilities | 405 | 546 | 552 | 599 | 687 | 821 | 980 | 1,228 | 1,443 | 1,734 | 2,090 | 2,547 |
144 | 290 | 304 | 327 | 382 | 468 | 457 | 475 | 751 | 757 | 873 | 882 | |
CWIP | 57 | 14 | 10 | 20 | 25 | 7 | 35 | 191 | 31 | 55 | 47 | 221 |
Investments | 8 | 13 | 3 | 3 | 3 | 62 | 132 | 96 | 227 | 289 | 98 | 256 |
196 | 229 | 235 | 249 | 278 | 284 | 356 | 465 | 434 | 633 | 1,071 | 1,188 | |
Total Assets | 405 | 546 | 552 | 599 | 687 | 821 | 980 | 1,228 | 1,443 | 1,734 | 2,090 | 2,547 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
20 | 92 | 131 | 113 | 167 | 130 | 138 | 200 | 416 | 219 | 127 | 578 | |
-61 | -113 | -9 | -53 | -72 | -27 | -39 | -243 | -197 | -198 | -256 | -372 | |
72 | 22 | -113 | -75 | -50 | -45 | -30 | -40 | -109 | -3 | -46 | -86 | |
Net Cash Flow | 30 | 2 | 9 | -16 | 45 | 59 | 70 | -83 | 109 | 18 | -175 | 121 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 70 | 75 | 60 | 61 | 66 | 80 | 89 | 79 | 72 | 106 | 104 | 82 |
Inventory Days | 59 | 60 | 41 | 44 | 55 | 79 | 79 | 64 | 79 | 115 | 75 | 64 |
Days Payable | 12 | 17 | 12 | 17 | 28 | 40 | 61 | 37 | 47 | 62 | 49 | 40 |
Cash Conversion Cycle | 116 | 117 | 89 | 87 | 94 | 119 | 107 | 106 | 104 | 158 | 130 | 107 |
Working Capital Days | 93 | 77 | 52 | 58 | 62 | 119 | 121 | 112 | 97 | 138 | 141 | 133 |
ROCE % | 31% | 27% | 30% | 38% | 36% | 33% | 28% | 46% | 37% | 24% | 27% | 30% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 24 May
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Announcement under Regulation 30 (LODR)-Newspaper Publication
24 May - Notice related to Transfer of Equity Shares of the Company to Investor Education and Protection Fund (IEPF) Account
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 23 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
22 May - Secretarial Compliance Report for the year ended March 31, 2023.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
20 May - In terms of the Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, please find enclosed herewith a copy of the newspaper …
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Concalls
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Feb 2021TranscriptPPT
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Aug 2018TranscriptPPT
Key products
IBB: #1 manufacturer with a global market share of 65% as of FY20. [1] IBB is the raw material for ibuprofen and Vinati is one of the largest global producer of IBB. The current installed capacity is 25,000 MTPA. [2]