Obermatt

Vinati Organics

NSI:VINATIORGA · INE410B01037
ChemicalsMedium

360

51
Medium confidence — indicative
EV / EBIT16
Price / Owner Earnings17
Owner Earnings Yield49
Dividend Yield59
Price/Sales19
EV / Gross Profit20
Price/Book25
Return on Capital86
Cash Return on Capital72
Return on Equity84
EBIT Margin97
Gross Profitability85
Cash Conversion31
Owner Earnings Margin86
Sales growth63
Profit Growth17
Long-Term EPS Growth82
Reinvestment36
Price momentum7
Debt load64
Refinancing26
Debt Payback100
Liquidity100
Analyst ratings50
Opinion Changes84
Price Target Upside79
Market mood73
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Vinati Organics clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryIndia
IndustryChemicals
SizeMedium
TypePublic Company
ExchangeBSE
Founded1989
Employees397
ISININE410B01037
Last UpdateApr 2, 2026
Index & Theme
OrganicBio-based and Renewable MaterialsChemical

Description

Analysis

Beloved champion

Vinati Organics Limited sits in the top corner of our grid: excellent business, premium price; every investor already knows the story. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 43.5×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 17% a year, against analyst forecasts of 18%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is uncertain. The company scores 10/20 on our value-creation score: creating some value.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
51
2023202420252026

All-time high

65

Jan 2023

All-time low

16

Jan 2024

Average rank

44

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
19
29
22
9
Price/Earnings
40
36
31
9
Price/Book
25
36
32
18
Dividend Yield
59
39
20
24
Value (overall)
31
33
21
7

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →