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Vinati Organics Ltd share Price Today

Company details

1,891.70
1,924.00
1,462.20
1,985.00
6M Return 12.07%
1Y Return 6.10%
Mkt Cap.(Cr) 19,912.68
Volume 44,690
Div Yield 0.36%
OI
-
OI Chg %
-
Volume 44,690

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Key products to maintain pace of growth…
About The Stock

    Vinati Organics is a leading manufacturer of specialty chemical and organic intermediaries with global market leadership in its two key products- two- Acrylamido two Methylpropane Sulphonic Acid (ATBS) and Isobutyl Benzene (IBB). Starting with IBB and subsequent forays into IB, ATBS, Butyl phenols, the company is now moving towards antioxidants.

    • The company has two manufacturing facilities at Mahad and Lote
    • In terms of revenue contribution, ATBS constitutes ~40-50% of overall revenue followed by IBB of 20-30% while the rest is from other segments such as IB, Butyl phenols and derivatives
Q3FY23

    Numbers were marginally below our estimates on the revenue front while it was above our estimates on the EBITDA and PAT front, driven by softening in raw material prices.

    • Reported revenue growth of 37.9% YoY to ₹ 508.7 crore, led by demand pickup in Iso Butyl Benzene (IBB) and stable demand from ATBS and Isobutylene (IB)
    • Gross margins increased 270 bps YoY and 662 QoQ to 51.6% while EBITDA margin grew 705 bps YoY and 598 bps to 32.2%. Absolute EBITDA was up 77% YoY to ₹ 163.8 crore
    • PAT increased 51% YoY to ₹ 125.4 crore

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Research view on more stocks

Vinati Organics Ltd shares SWOT Analysis

Strengths (5)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt
  • Book Value per share Improving for last 2 years

Weakness (3)

  • MFs decreased their shareholding last quarter
  • Degrowth in Revenue and Profit
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (2)

  • Negative to Positive growth in Sales and Profit with Strong Price momentum
  • RSI indicating price strength

Threats (1)

  • High PE (PE > 40)

Resistance and support

R1 1,932.7
R2 1,944.5
R3 1,965.0
Pivot

1,912.18

S1 1,900.4
S2 1,879.9
S3 1,868.1
EMA SMA
1,900.1
1,823.6
1,762.9
1,752.5
1,925.4
1,797.1
1,699.3
1,719.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-10-25 2010.2 75714 BSE
ISHARES MSCI INDIA SMALL-CAP ETF Block Purchase 2022-10-25 2010.2 8896 BSE
ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 2022-10-25 2010.2 75714 BSE
Name Category Shares
VINOD SARAF FAMILY TRUST (Mr Vinod Saraf is a Trustee) PROMOTER 13.41%
KAVITA VINOD SARAF FAMILY TRUST (Mrs Kavita Vinod Saraf is a Trustee) PROMOTER 11.97%
VINATI SARAF MUTREJA PROMOTER 1.17%
VIRAL SARAF MITTAL PROMOTER 1.01%
SUCHIR CHEMICALS PVT LTD PROMOTER 45.87%

OUR RESEARCH VIEW

Investment recommendation
Key products to maintain pace of growth…
Call Date
21 Feb 2023
Entry Price 1,888.00
Target Price 2,055.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Vinati Organics Ltd Stocks COMPARISON

Financials( in Cr) Vinati Organics Ltd Pidilite Industries Ltd Linde India Ltd SRF Ltd Deepak Nitrite Ltd
Price 1,920.85 3,175.15 8,617.50 2,394.60 2,799.10
% Change 0.42 0.43 -0.73 -0.22 2.72
Mcap Cr 19,912.68 161,490.99 73,493.49 70,981.93 38,177.76
Revenue TTM Cr 2,084.71 12,382.99 3,135.52 13,138.52 7,972.06
Net Profit TTM Cr 457.97 1,747.42 538.06 1,335.71 852.00
PE TTM 61.62 90.58 169.26 53.27 50.64
1 Year Return 6.10 22.32 100.10 9.45 40.88
ROCE 30.27 29.30 16.29 12.52 29.81
ROE 22.64 22.37 14.70 12.25 22.94
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 2,218.29 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 21,424.68 50,451.86
LAST 3M 101,404.97 51,097.20
LAST 6M 186,293.66 40,305.54
LAST 12M 309,547.75 87,515.42

Vinati Organics Ltd Information

Stock PE (TTM)
61.62
Promoter Holding
74.28%
Book Value
237.4516
ROCE
30.27%
ROE
22.64%
Registered Address

B-12 & B-13/1, MIDC Industrial Area Mahad, Raigad, Maharashtra, 402309

Tel : 91-02145-232013/232014
Email : shares:vinatiorganics.com
Website : http://www.vinatiorganics.com
Registrar

Sharex Dynamic (I) Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 524200
NSE Code : VINATIORGA
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE410B01037

FAQ’s on Vinati Organics Ltd Shares

You can buy Vinati Organics Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Vinati Organics Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 16, 2024 03:57 PM the closing price of Vinati Organics Ltd was Rs.1,920.85.

The latest PE ratio of Vinati Organics Ltd as of Jul 16, 2024 03:57 PM is 61.62

The latest PB ratio of Vinati Organics Ltd as of Jul 16, 2024 03:57 PM is 0.12

The 52-week high of Vinati Organics Ltd share price is Rs. 1,985.00 while the 52-week low is Rs. 1,462.20

According to analyst recommendations, Vinati Organics Ltd Share has a "Buy" rating for the long term.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 16, 2024 03:57 PM, the market cap of Vinati Organics Ltd stood at Rs. 19,912.68 Cr.

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