Vinati Organics Ltd.
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1936.95 -41.30 ▼-2.1%

02 August 2021, 04:00:00 P.M.
Volume: 11,553

Overview View Details

Sector Chemicals Compare with Sector peers
Industry Chemicals Compare with Industry peers
Website http://www.vinatiorganics.com
Financial Indicators
Market Cap 19,789.14 Cr.
Earnings per share (EPS) 27.05 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 71.19 Trailing Twelve Months Ending 2021-06
Industry PE 47.62 Trailing Twelve Months Ending 2021-06
Book Value / Share 158.04 Trailing Twelve Months Ending 2021-06
Price to Book Value 12.18 Calculated using Price: 1,925.35
Dividend Yield 0.31 Period Ending 2021-03
No. of Shares Subscribed 10.28 Cr. 102,782,050 Shares
FaceValue 1
Company Profile

Vinati Organics Ltd. (VOL) was established in 1989. It is a specialty chemical company, focusing on manufacturing specialty chemicals and organic intermediaries. It combines innovation with chemistry to deliver value-added products to its customers. It follows the highest quality standards and its products meet diverse customer expectations.

Business area of the company

The company is a specialty chemical company, manufacturing specialty chemicals and organic intermediaries. With two state-of-the-art manufacturing units in Maharashtra, VOL is a leading producer of two major products - Isobutyl Benzene (IBB) and 2-Acrylamido 2 Methylpropane Sulfonic Acid (ATBS). The Company’s zeal to combine innovation with chemistry enables it to deliver superior quality products to its diverse client base. Vinati Organics has successfully established a strong foothold across the globe, with its products reaching out to customers in many countries.

Products of the company

  • Isobutyl Benzene (IBB)
  • 2-Acrylamido 2 Methylpropane Sulfonic Acid (ATBS)
  • Isobutylene (IB)
  • High Purity- Methyl Tertiary Butyl Ether (HPMTBE)
  • N-Tertiary Butyl Acrylamide (TBA)
  • N-Tertiary Octyl Acrylamide (TOA)

Awards/ recognition

  • Mahad Works ISO Certificate
  • Ote Works ISO Certificate
  • National Safety Award
  • Maharashtra State Export Award
  • Worlds’ largest producer and supplier of IBB with global product presence IBB is presently being used and appreciated by all manufactures of Ibuprofen in the world including the founder manufacturer of Ibuprofen i.e. M/s. Knoll Pharmaceuticals of UK and BASF Corporation of USA.
  • World’s third biggest and fastest growing supplier of ATBS and related products. Presently exporting ATBS to Europe, Americas and Asia.
  • Presently being used and appreciated by all manufactures of Ibuprofen in India. Its quality is also internationally acclaimed and appreciated by the founder manufacturer of Ibuprofen i.e. Knoll Pharmaceuticals of UK and BASF Corporation of USA.
  • The Company was awarded the ‘Supplier of the Year’ (FY 2014-15) by BASF
  • VOL was ranked among the ‘Fastest Growing Companies’ in India Outlook Business in May 2014.
  • In the FE CFO of the Year Awards 2019, VOL was adjudged winner in the Large Enterprises - Manufacturing Category.
  • VOL was declared STAR SME of the Year by the Business Standard Annual Awards 2019.
  • VOL adjudged Company of the Year in Chemicals by FICCI Chemicals and Petrochemicals Awards 2019.
  • VOL was named the Most Promising Company of the Year by CNBC-TV18 IBLA 2020.

Milestones

  • 1989: Vinati Organics Limited (VOL) established
  • 1992: Isobutylbenzene (IBB) plant comes onstream with 1200 MTA  production capacity 
  • 1996: IBB capacity expansion to 3000 MTA
  • 1997: IBB capacity expansion to 5000 MTA
  • 2002: ATBS plant onstream with 1000 MTA production capacity
  • 2006: IBB capacity expansion to 10,000 MTA. ATBS capacity expansion to 3600 MTA
  • 2007: Started n-tertiary Butylacrylamide (TBA) production
  • 2008: IBB capacity expansion to 14,000 MTA
  • 2009: ATBS capacity expansion to 12000 MTA. TBA capacity expansion to 500 MTA
  • 2010: VOL listed amongst Forbes Asia's 200 Best Under A Billion companies.VOL ranked amongst the Top 10 Fastest Growing Companies in India for 2009 by The Economic Times.2011: VOL listed amongst Forbes Asia's 200 Best Under A Billion companies.
  • 2011: Credit rating agency, ICRA has suspended LBBB+ rating assigned to Rs 61.3 crore term loans and Rs 30.0 crore cash credit facilities, and, A2 rating to Rs 11 crore bank guarantees' and Rs 10 crore letter of credit facilities of Vinati Organics.
  • 2013: Credit rating agency, CARE has reaffirmed 'A-' rating to Vinati Organics' long term bank facilities (Term loan) worth Rs 145.29 crore and 'A2+' rating to company's Short term Bank Facilities (Non-fund based facilities) worth Rs 32.13 crore.  
  • 2015: Vinati Organics entered into long term tripartite agreement with USA & Japan based chemical companies for supply of a customized product. 
  • 2017: Vinati Organics expand IsoButyl Benzene (IBB) capacity to 25000 MT at its Mahad facility in order to meet the strong demand outlook for the product.
  • 2020: Vinati Organics has subscribed to the Memorandum & Articles of Associations to the extent of 99% of the Share Capital of Veeral Organics, which has been incorporated under the Indian Companies Act, 2013 on October 5, 2020.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-2.09%
1 Week
-0.62%
1 Month
-4.50%
3 Month
+14.11%
6 Month
+59.14%
1 Year
+98.08%
2 Year
+115.04%
5 Year
+619.73%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 32.06 31.25 31.12 26.99 22.98 19.49 30.57 28.65 19.08
Return on Capital Employed (%) 27.23 30.89 37.75 35.93 32.99 27.51 45.79 36.55 23.80
Return on Assets (%) 14.45 15.20 18.70 18.99 18.02 15.98 25.59 25.00 16.96

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 241 310 434 541 680 797 1,051 1,279 1,543
Non Curr. Liab. 162 179 128 62 88 84 88 75 84
Curr. Liab. 143 99 89 132 53 99 89 89 106
Minority Int.
Equity & Liab. 546 588 651 735 821 980 1,228 1,443 1,734
Non Curr. Assets 304 357 410 424 494 517 697 800 1,079
Curr. Assets 242 231 241 311 327 463 531 643 655
Misc. Exp. not W/O
Total Assets 546 588 651 735 821 980 1,228 1,443 1,734

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 553 696 772 631 641 730 1,128 1,029 954
Other Income 4 9 9 6 12 31 30 45 26
Total Income 557 705 781 637 653 760 1,158 1,074 980
Total Expenditure -433 -543 -580 -424 -423 -531 -703 -614 -601
PBIDT 124 162 201 213 230 229 455 460 379
Interest -12 -18 -10 -8 -3 -2 -2 -2 -1
Depreciation -10 -15 -18 -19 -22 -23 -27 -33 -43
Taxation -34 -42 -58 -55 -66 -59 -143 -91 -66
Exceptional Items
PAT 69 86 116 132 140 144 282 334 269

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 92 131 113 167 130 138 200 416 219
Cash Fr. Inv. -113 -9 -53 -72 -27 -39 -243 -197 -198
Cash Fr. Finan. 22 -113 -75 -50 -45 -30 -40 -109 -3
Net Change 2 9 -16 45 59 70 -83 109 18
Cash & Cash Eqvt 34 43 27 72 62 132 49 159 176

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.01 74.01 74.01 74.05 74.06 74.06 74.06 74.06 74.06
Public 25.99 25.99 25.99 25.95 25.94 25.94 25.94 25.94 25.94
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 02 Aug 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Sub: Compliance under Regulation 47 of the Securities and exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing regulations)

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed copies of Unaudited Financial Results of the company for the quarter ended 30th June 2021 published in the following newspapers on 2nd August 2021.

1. The Economic Times
2. The Maharashtra Times

Kindly take note of the same.

Sat, 31 Jul 2021
Board Meeting Outcome for Outcome Of Board Meeting
Sub: Outcome of Board Meeting
Sat, 31 Jul 2021
Unaudited Financial Results For The Quarter Ended 30.06.21
Sub: Outcome of Board Meeting

Technical Scans View Details

Mon, 02 Aug 2021
Higher Trade Quantity Higher Trade Quantity
Close Crossing Last Month Close from Above Close Crossing Last Month Close from Above
Closing Below Previous Low Closing Below Previous Low
Close Within 52 Week High Zone Close Within 52 Week High Zone
Close Crossing 20 EMA From Above Close Crossing 20 EMA From Above

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