The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Vinati Organics Limited is an India-based company, which is primarily engaged in the business of manufacturing of specialty chemical and organic intermediaries. Its products include Specialty Aromatics, Specialty Monomers, Butyl Phenols, Antioxidants, Other Specialty…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, stagnant business, trading cheap versus its own history.
Vinati Organics is scored on the general / industrial framework. It keeps a healthy 19.5% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.26× reported profit. Free cash flow is worth about 1.3% of its market value.
Over the last 3 years revenue compounded at 2%/yr and profit at 2%/yr. Book value has grown 13%/yr. Return on equity is a healthy 12.6%. In the latest quarter profit fell 28% versus the prior quarter.
At 24× earnings, the stock sits at the 1st percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price implies ~13%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 26.23 | — | — |
| P/B | 3.31 | 2.69 | worse |
| EV/EBITDA | 15.5 | 10.45 | worse |
| ROE | 12.63 | — | — |
| ROCE | 16.81 | 69.92 | worse |
| ROA | 11.05 | 54.03 | worse |
| Quick Ratio | 4.02 | 2.26 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Pidilite Industries | 59.1 | 14.3 | 23.9% |
| SRF | 32.3 | 4.8 | 14.9% |
| Linde India | 118.3 | 13.3 | 11.3% |
2% CAGR — growing but slowly. Growth is decelerating — latest year grew slower than the year before.
Operating margins have been stable around 26% — no major structural shift.
ROE at 14% — a respectable return on shareholder capital.
2% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.3× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 20% above earlier ones.
Profit fell 28% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (19% → 11%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 74.3% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.