
About Valiant Organics Limited
Data last updated:
Valiant Organics Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 16 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24230MH2005PLC151348. Its GSTIN is 27AACCV0024A2Z2 (Maharashtra). The company holds 5 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 540145 and NSE: VALIANTORG.
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹28.03 Cr. It was formerly known as Valiant Organics Private Limited. It is led by directors including Sathiababu Krishnan Kallada (Managing Director) and Parimal Hasmukhlal Desai (Managing Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 109 Udyog Kshetra 1st Floor Mulund Goregaon Link Road Mulund (W), Mumbai, Maharashtra, India – 400080.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹738.76 Cr, a growth of 2.8% compared to the previous year. For the same year it recorded a net profit of ₹25.98 Cr (net margin 3.5%) and EBITDA of ₹87.06 Cr (EBITDA margin 11.8%). The net worth stands at ₹759.38 Cr (up 4.7% YoY). Total assets are valued at ₹1,035.53 Cr (up 5.9% YoY).
The company has about 968 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Valiant Organics. As per MCA filings, the company has open charges of ₹447.5 Cr and satisfied charges of ₹294.31 Cr on record. Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it; 1 case is pending. The company has 27 deals on record (13 market trades, 9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹10.82 Cr; the latest was in March 2026. Its 7 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 4 smaller; the largest is Gramercy Trade Industries Private Limited with revenue of ₹767.72 Cr. The company has 4 MSME Form 1 returns on record between 2023 and 2024, listing 434 overdue payments to 127 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website valiantorganics.com.
Company details
CIN history
Valiant Organics has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24230MH2005PLC151348, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24230MH2005PLC151348 | Current |
| U24230MH2005PTC151348 | Previous |
| U24230MH2005PLC151348 | Previous |
Contact details
Valiant Organics Limited's registered office is in Mumbai, Maharashtra. Its website is valiantorganics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address109 Udyog Kshetra 1st Floor Mulund Goregaon Link Road Mulund (W), Mumbai, Maharashtra, India – 400080
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Valiant Organics Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Valiant Organics operates one associated brand: Valiant Organics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and supplier of diversified chemicals | valiantorganics.com |
Business activity
The main business activity of Valiant Organics is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Valiant Organics Limited, buy the company report.
Financials of Valiant Organics Limited
FY 2025-26 filings availableValiant Organics Limited reported revenue of ₹738.76 Cr (up 2.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 739 | 719 | 723 | 1,052 | 1,153 | 755 | 675 |
| Revenue growth | +2.8% | -0.6% | -31.3% | -8.8% | +52.8% | +11.8% | - |
| EBITDA | 87.06 | 53.18 | 33.26 | 164 | 205 | 205 | 181 |
| EBITDA margin | +11.8% | +7.4% | +4.6% | +15.6% | +17.8% | +27.2% | +26.7% |
| Profit before tax | 41.93 | 2.15 | (8.70) | 137 | 176 | 185 | 168 |
| Net profit | 25.98 | (8.66) | (6.44) | 84.37 | 113 | 115 | 124 |
| Net profit margin | +3.5% | -1.2% | -0.9% | +8.0% | +9.8% | +15.2% | +18.4% |
| EPS (₹) | 11.86 | (1.33) | (3.04) | 32.45 | 41.72 | 42.19 | 102.00 |
| Balance sheet | |||||||
| Total assets | 1,036 | 978 | 990 | 1,015 | 1,013 | 718 | 539 |
| Net worth | 759 | 725 | 729 | 689 | 613 | 502 | 388 |
| Total debt | 256 | 249 | 257 | 274 | 363 | 209 | 138 |
| Cash & bank | 2.14 | 7.65 | 3.80 | 8.15 | 45.38 | 30.98 | 12.68 |
| Net working capital | 203 | 185 | 180 | 243 | 370 | 161 | 105 |
| Cash flow | |||||||
| Cash from operations | 91.99 | 56.43 | 84.00 | 238 | (30.75) | 113 | 161 |
| Cash from investing | (86.22) | (20.96) | (65.19) | (143) | (124) | (156) | (184) |
| Cash from financing | (11.07) | (31.81) | (23.12) | (112) | 167 | 48.64 | 27.16 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 232 | 218 | 159 | 157 | 204 | 204 | 187 | 160 |
| Revenue growth (YoY) | +13.3% | +6.9% | -14.8% | -1.8% | +21.7% | - | - | - |
| Other income | 10.51 | 4.62 | 7.36 | 0.27 | 1.70 | 0.91 | 5.85 | 2.53 |
| EBITDA | 41.62 | 26.49 | 13.21 | 21.16 | 24.87 | 20.69 | 15.32 | 0.74 |
| EBITDA margin | +18.0% | +12.2% | +8.3% | +13.5% | +12.2% | +10.2% | +8.2% | +0.5% |
| Depreciation | 10.22 | 10.25 | 10.11 | 9.78 | 9.42 | 9.20 | 8.99 | 8.79 |
| Interest | 5.13 | 3.30 | 4.60 | 4.21 | 6.05 | 5.07 | 5.83 | 8.25 |
| Profit before tax | 36.78 | 17.56 | 5.86 | 7.44 | 11.10 | 7.33 | 6.35 | (13.77) |
| Tax | 7.51 | 1.83 | 2.20 | 1.76 | 2.90 | 3.14 | 0.89 | (1.30) |
| Net profit | 29.27 | 15.73 | 3.66 | 5.68 | 8.20 | 4.19 | 5.46 | (12.47) |
| EPS (₹) | 10.44 | 5.61 | 1.30 | 2.02 | 2.93 | 1.52 | 1.01 | (4.45) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 738 | 719 | 677 | 912 | 948 | 574 | 584 |
| Revenue growth | +2.7% | +6.1% | -25.7% | -3.9% | +65.2% | -1.6% | - |
| EBITDA | 88.20 | 53.97 | 39.54 | 130 | 167 | 157 | 174 |
| EBITDA margin | +12.0% | +7.5% | +5.8% | +14.3% | +17.6% | +27.4% | +29.8% |
| Profit before tax | 43.07 | 2.41 | (5.13) | 99.64 | 137 | 152 | 165 |
| Net profit | 27.17 | (5.76) | (7.58) | 71.88 | 101 | 115 | 124 |
| Net profit margin | +3.7% | -0.8% | -1.1% | +7.9% | +10.7% | +20.0% | +21.2% |
| EPS (₹) | 12.26 | (1.07) | (1.10) | 27.83 | 37.91 | 42.20 | 102.00 |
| Balance sheet | |||||||
| Total assets | 936 | 877 | 884 | 887 | 909 | 653 | 505 |
| Net worth | 697 | 662 | 665 | 666 | 603 | 502 | 388 |
| Total debt | 219 | 212 | 216 | 220 | 305 | 149 | 117 |
| Cash & bank | 1.63 | 7.43 | 3.57 | 6.58 | 23.30 | 11.78 | 10.58 |
| Net working capital | 202 | 136 | 131 | 177 | 257 | 92.79 | 79.47 |
| Cash flow | |||||||
| Cash from operations | 44.29 | 58.56 | 85.09 | 183 | (11.17) | 115 | 160 |
| Cash from investing | (38.90) | (27.06) | (65.03) | (90.63) | (120) | (135) | (191) |
| Cash from financing | (11.17) | (27.65) | (23.12) | (109) | 146 | 21.89 | 35.43 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 232 | 218 | 159 | 157 | 204 | 204 | 187 | 160 |
| Revenue growth (YoY) | +13.3% | +6.8% | -14.9% | -1.9% | +21.7% | - | - | - |
| Other income | 2.64 | 4.01 | 7.36 | 0.20 | 1.07 | 0.67 | 5.04 | 2.02 |
| Total expenses | 190 | 191 | 143 | 136 | 180 | 183 | 172 | 158 |
| EBITDA | 41.63 | 26.49 | 15.62 | 21.16 | 24.88 | 20.71 | 15.33 | 2.37 |
| EBITDA margin | +18.0% | +12.2% | +9.8% | +13.5% | +12.2% | +10.2% | +8.2% | +1.5% |
| Depreciation | 10.22 | 10.25 | 10.11 | 9.78 | 9.42 | 9.20 | 8.99 | 8.79 |
| Interest | 5.13 | 3.30 | 4.60 | 4.21 | 6.05 | 5.07 | 5.83 | 8.25 |
| Profit before tax | 28.92 | 16.95 | 8.27 | 7.37 | 10.48 | 7.11 | 5.55 | (12.65) |
| Tax | 7.09 | 1.83 | 2.20 | 1.76 | 2.90 | 3.15 | 0.91 | (1.50) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 232 | 218 | 159 | 157 | 204 | 204 | 187 | 160 |
| Revenue growth (YoY) | +13.3% | +6.9% | -14.8% | -1.8% | +21.7% | - | - | - |
| Other income | 10.51 | 4.62 | 7.36 | 0.27 | 1.70 | 0.91 | 5.85 | 2.53 |
| EBITDA | 41.62 | 26.49 | 13.21 | 21.16 | 24.87 | 20.69 | 15.32 | 0.74 |
| EBITDA margin | +18.0% | +12.2% | +8.3% | +13.5% | +12.2% | +10.2% | +8.2% | +0.5% |
| Depreciation | 10.22 | 10.25 | 10.11 | 9.78 | 9.42 | 9.20 | 8.99 | 8.79 |
| Interest | 5.13 | 3.30 | 4.60 | 4.21 | 6.05 | 5.07 | 5.83 | 8.25 |
| Profit before tax | 36.78 | 17.56 | 5.86 | 7.44 | 11.10 | 7.33 | 6.35 | (13.77) |
| Tax | 7.51 | 1.83 | 2.20 | 1.76 | 2.90 | 3.14 | 0.89 | (1.30) |
| Net profit | 29.27 | 15.73 | 3.66 | 5.68 | 8.20 | 4.19 | 5.46 | (12.47) |
| EPS (₹) | 10.44 | 5.61 | 1.30 | 2.02 | 2.93 | 1.52 | 1.01 | (4.45) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 739 | 719 | 723 | 1,052 | 1,153 | 755 | 675 |
| Revenue growth | +2.8% | -0.6% | -31.3% | -8.8% | +52.8% | +11.8% | - |
| Other income | 12.64 | 8.78 | 9.30 | 12.93 | 7.42 | 5.94 | 6.30 |
| Total expenses | 652 | 666 | 690 | 888 | 948 | 549 | 494 |
| Employee cost | 48.86 | 44.99 | 49.35 | 46.33 | 37.16 | 29.40 | 22.78 |
| EBITDA | 87.06 | 53.18 | 33.26 | 164 | 205 | 205 | 181 |
| EBITDA margin | +11.8% | +7.4% | +4.6% | +15.6% | +17.8% | +27.2% | +26.7% |
| Depreciation | 39.57 | 35.76 | 34.92 | 29.19 | 29.62 | 21.24 | 15.77 |
| Interest | 18.20 | 24.05 | 16.34 | 10.79 | 6.48 | 5.20 | 2.57 |
| Profit before tax | 41.93 | 2.15 | (8.70) | 137 | 176 | 185 | 168 |
| Tax | 8.71 | 5.58 | (0.29) | 34.61 | 48.26 | 53.99 | 42.29 |
| Net profit | 25.98 | (8.66) | (6.44) | 84.37 | 113 | 115 | 124 |
| Net profit margin | +3.5% | -1.2% | -0.9% | +8.0% | +9.8% | +15.2% | +18.4% |
| EPS (₹) | 11.86 | (1.33) | (3.04) | 32.45 | 41.72 | 42.19 | 102.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 28.02 | 28.00 | 27.58 | 27.56 | 27.56 | 27.56 | 13.98 |
| Reserves & surplus | 731 | 697 | 702 | 662 | 586 | 475 | 374 |
| Shareholders' funds (net worth) | 759 | 725 | 729 | 689 | 613 | 502 | 388 |
| Minority interest | (0.01) | 0.00 | 0.00 | 50.89 | 35.75 | 6.30 | 13.13 |
| Secured loans | 185 | 190 | 180 | 219 | 308 | 126 | 105 |
| Unsecured loans | 71.04 | 58.86 | 76.77 | 54.89 | 55.79 | 82.81 | 33.01 |
| Total debt | 256 | 249 | 257 | 274 | 363 | 209 | 138 |
| Total liabilities | 1,036 | 978 | 990 | 1,015 | 1,013 | 718 | 539 |
| Assets | |||||||
| Gross block | 925 | 847 | 800 | 815 | 656 | 625 | 371 |
| Net block | 695 | 657 | 643 | 670 | 543 | 510 | 276 |
| Capital work in progress | 21.16 | 65.70 | 86.14 | 70.88 | 112 | 45.89 | 129 |
| Investments | 151 | 93.58 | 98.60 | 41.19 | 7.81 | 6.34 | 22.85 |
| Inventories | 92.62 | 88.97 | 114 | 126 | 114 | 72.17 | 44.86 |
| Sundry debtors | 243 | 177 | 209 | 254 | 321 | 157 | 133 |
| Cash & bank balances | 2.14 | 7.65 | 3.80 | 8.15 | 45.38 | 30.98 | 12.68 |
| Loans & advances | 15.25 | 82.56 | 81.98 | 44.85 | 42.40 | 38.85 | 29.15 |
| Total current assets | 353 | 356 | 409 | 434 | 522 | 299 | 219 |
| Total current liabilities | 151 | 171 | 229 | 191 | 152 | 137 | 115 |
| Net working capital | 203 | 185 | 180 | 243 | 370 | 161 | 105 |
| Total assets | 1,036 | 978 | 990 | 1,015 | 1,013 | 718 | 539 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 7.10 | 3.44 | 7.75 | 25.05 | 12.83 | 7.66 | 2.86 |
| Net cash from operating activities | 91.99 | 56.43 | 84.00 | 238 | (30.75) | 113 | 161 |
| Net cash from investing activities | (86.22) | (20.96) | (65.19) | (143) | (124) | (156) | (184) |
| Net cash from financing activities | (11.07) | (31.81) | (23.12) | (112) | 167 | 48.64 | 27.16 |
| Net change in cash | (5.30) | 3.66 | (4.31) | (17.30) | 12.21 | 5.18 | 4.80 |
| Closing cash | 2.14 | 7.65 | 3.80 | 8.15 | 45.38 | 30.98 | 12.68 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +2.8% | -0.6% | -31.3% | -8.8% | +52.8% | +11.8% | - |
| EBITDA growth | +63.7% | +59.9% | -79.8% | -19.8% | -0.3% | +13.8% | - |
| PBT growth | +1850.2% | +9998.0% | - | -22.1% | -4.7% | +9.7% | -1.6% |
| Net income growth | +400.0% | -34.5% | -107.6% | -25.5% | -1.1% | -7.6% | - |
| Revenue CAGR (3Y) | -11.1% | -14.6% | -1.4% | +15.9% | +18.5% | - | - |
| EBITDA CAGR (3Y) | -19.1% | -36.2% | -45.5% | -3.1% | +4.4% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +4.5% | -0.5% | -1.2% | +9.8% | +11.1% | +17.3% | +18.7% |
| Return on capital employed | +5.4% | +2.5% | +1.1% | +15.2% | +21.6% | +30.7% | +39.5% |
| Return on net worth | +3.5% | -1.2% | -0.9% | +15.8% | +23.0% | +29.5% | +39.1% |
| Debt / equity | 0.34 | 0.35 | 0.37 | 0.49 | 0.51 | 0.39 | 0.33 |
| Long-term debt / equity | 0.07 | 0.09 | 0.10 | 0.14 | 0.16 | 0.18 | 0.20 |
| Interest cover | 38.32 | 138.06 | -984.34 | 7.99 | 3.70 | 2.82 | 1.56 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.83 | 0.87 | 0.90 | 1.43 | 1.83 | 1.51 | 2.25 |
| Inventory turnover | 8.14 | 7.07 | 6.01 | 8.77 | 12.41 | 12.90 | 14.55 |
| Debtors turnover | 3.52 | 3.72 | 3.12 | 3.66 | 4.83 | 5.22 | 4.93 |
| EPS (₹) | 11.86 | (1.33) | (3.04) | 32.45 | 41.72 | 42.19 | 102.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 1.00 | 3.50 | 5.00 | 11.00 |
| Book value per share (₹) | 271.02 | 258.98 | 264.48 | 253.66 | 225.66 | 184.83 | 317.50 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 232 | 218 | 159 | 157 | 204 | 204 | 187 | 160 |
| Revenue growth (YoY) | +13.3% | +6.8% | -14.9% | -1.9% | +21.7% | - | - | - |
| Other income | 2.64 | 4.01 | 7.36 | 0.20 | 1.07 | 0.67 | 5.04 | 2.02 |
| Total expenses | 190 | 191 | 143 | 136 | 180 | 183 | 172 | 158 |
| EBITDA | 41.63 | 26.49 | 15.62 | 21.16 | 24.88 | 20.71 | 15.33 | 2.37 |
| EBITDA margin | +18.0% | +12.2% | +9.8% | +13.5% | +12.2% | +10.2% | +8.2% | +1.5% |
| Depreciation | 10.22 | 10.25 | 10.11 | 9.78 | 9.42 | 9.20 | 8.99 | 8.79 |
| Interest | 5.13 | 3.30 | 4.60 | 4.21 | 6.05 | 5.07 | 5.83 | 8.25 |
| Profit before tax | 28.92 | 16.95 | 8.27 | 7.37 | 10.48 | 7.11 | 5.55 | (12.65) |
| Tax | 7.09 | 1.83 | 2.20 | 1.76 | 2.90 | 3.15 | 0.91 | (1.50) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 738 | 719 | 677 | 912 | 948 | 574 | 584 |
| Revenue growth | +2.7% | +6.1% | -25.7% | -3.9% | +65.2% | -1.6% | - |
| Other income | 12.64 | 8.25 | 8.68 | 7.80 | 3.31 | 16.90 | 5.21 |
| Total expenses | 650 | 665 | 638 | 782 | 781 | 417 | 410 |
| Employee cost | 48.86 | 44.99 | 47.50 | 41.81 | 34.07 | 26.68 | 20.49 |
| EBITDA | 88.20 | 53.97 | 39.54 | 130 | 167 | 157 | 174 |
| EBITDA margin | +12.0% | +7.5% | +5.8% | +14.3% | +17.6% | +27.4% | +29.8% |
| Depreciation | 39.57 | 35.76 | 33.97 | 27.63 | 27.29 | 18.63 | 13.04 |
| Interest | 18.20 | 24.05 | 19.38 | 10.54 | 6.35 | 3.49 | 1.29 |
| Profit before tax | 43.07 | 2.41 | (5.13) | 99.64 | 137 | 152 | 165 |
| Tax | 8.71 | 5.41 | (2.09) | 24.06 | 34.01 | 37.45 | 40.61 |
| Net profit | 27.17 | (5.76) | (7.58) | 71.88 | 101 | 115 | 124 |
| Net profit margin | +3.7% | -0.8% | -1.1% | +7.9% | +10.7% | +20.0% | +21.2% |
| EPS (₹) | 12.26 | (1.07) | (1.10) | 27.83 | 37.91 | 42.20 | 102.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 28.02 | 28.00 | 27.58 | 27.56 | 27.56 | 27.56 | 13.98 |
| Reserves & surplus | 669 | 634 | 637 | 638 | 576 | 475 | 374 |
| Shareholders' funds (net worth) | 697 | 662 | 665 | 666 | 603 | 502 | 388 |
| Secured loans | 216 | 211 | 215 | 219 | 270 | 125 | 101 |
| Unsecured loans | 3.15 | 0.32 | 0.55 | 0.44 | 35.40 | 23.73 | 15.29 |
| Total debt | 219 | 212 | 216 | 220 | 305 | 149 | 117 |
| Total liabilities | 936 | 877 | 884 | 887 | 909 | 653 | 505 |
| Assets | |||||||
| Gross block | 912 | 835 | 788 | 734 | 605 | 558 | 338 |
| Net block | 683 | 644 | 630 | 610 | 509 | 478 | 256 |
| Capital work in progress | 21.16 | 65.70 | 86.14 | 70.20 | 110 | 45.89 | 129 |
| Investments | 63.54 | 54.08 | 54.17 | 52.80 | 53.49 | 41.97 | 33.82 |
| Inventories | 92.62 | 88.97 | 114 | 114 | 97.34 | 66.03 | 40.93 |
| Sundry debtors | 243 | 174 | 209 | 212 | 253 | 117 | 111 |
| Cash & bank balances | 1.63 | 7.43 | 3.57 | 6.58 | 23.30 | 11.78 | 10.58 |
| Loans & advances | 15.16 | 33.65 | 33.27 | 31.16 | 30.19 | 31.17 | 27.27 |
| Total current assets | 353 | 304 | 360 | 363 | 404 | 226 | 190 |
| Total current liabilities | 150 | 168 | 229 | 186 | 147 | 133 | 110 |
| Net working capital | 202 | 136 | 131 | 177 | 257 | 92.79 | 79.47 |
| Total assets | 936 | 877 | 884 | 887 | 909 | 653 | 505 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 7.06 | 3.21 | 6.26 | 22.97 | 8.63 | 7.55 | 2.73 |
| Net cash from operating activities | 44.29 | 58.56 | 85.09 | 183 | (11.17) | 115 | 160 |
| Net cash from investing activities | (38.90) | (27.06) | (65.03) | (90.63) | (120) | (135) | (191) |
| Net cash from financing activities | (11.17) | (27.65) | (23.12) | (109) | 146 | 21.89 | 35.43 |
| Net change in cash | (5.78) | 3.85 | (3.05) | (16.70) | 14.34 | 1.08 | 4.82 |
| Closing cash | 1.63 | 7.43 | 3.57 | 6.58 | 23.30 | 11.78 | 10.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +2.7% | +6.1% | -25.7% | -3.9% | +65.2% | -1.6% | - |
| EBITDA growth | +63.4% | +36.5% | -69.6% | -22.3% | +6.4% | -9.4% | - |
| PBT growth | +1687.1% | +9998.0% | - | -27.3% | -9.9% | -7.6% | -3.7% |
| Net income growth | +571.7% | +24.0% | -110.6% | -29.0% | -11.6% | -7.5% | - |
| Revenue CAGR (3Y) | -6.8% | -8.8% | +5.7% | +16.0% | +16.1% | +68.2% | +99.6% |
| EBITDA CAGR (3Y) | -12.1% | -31.4% | -36.9% | -9.2% | -2.1% | +81.3% | +111.4% |
| Profitability & leverage | |||||||
| Net income margin | +4.7% | -0.4% | -0.5% | +8.3% | +10.9% | +20.0% | +21.2% |
| Return on capital employed | +6.1% | +2.9% | +1.0% | +12.3% | +18.3% | +26.9% | +40.5% |
| Return on net worth | +4.0% | -0.9% | -1.1% | +11.9% | +18.6% | +25.8% | +38.4% |
| Debt / equity | 0.32 | 0.32 | 0.33 | 0.41 | 0.41 | 0.30 | 0.26 |
| Long-term debt / equity | 0.08 | 0.09 | 0.10 | 0.12 | 0.15 | 0.18 | 0.19 |
| Interest cover | 37.43 | 132.07 | 347.94 | 10.29 | 4.54 | 2.52 | 0.80 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.85 | 0.89 | 0.89 | 1.36 | 1.63 | 1.28 | 2.17 |
| Inventory turnover | 8.13 | 7.07 | 5.94 | 8.64 | 11.61 | 10.74 | 14.62 |
| Debtors turnover | 3.54 | 3.75 | 3.22 | 3.92 | 5.13 | 5.05 | 5.04 |
| EPS (₹) | 12.26 | (1.07) | (1.10) | 27.83 | 37.91 | 42.20 | 102.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 1.00 | 3.50 | 5.00 | 11.00 |
| Book value per share (₹) | 248.70 | 236.25 | 241.12 | 245.14 | 221.97 | 184.84 | 317.50 |
To see the full year-wise statements and ratios of Valiant Organics Limited, buy the company report.
Board of directors of Valiant Organics Limited
Valiant Organics has 11 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonal Amit Vira | Director | 04 Aug 2022 | 4 Years 2 Months | Current |
| Navin Chapshi Shah | Director | 04 Aug 2022 | 4 Years 2 Months | Current |
| Mahek Manoj Chheda | Whole-Time Director | 06 Jul 2017 | 9 Years 3 Months | Current |
| Nemin Mahesh Savadia | Whole-Time Director | 01 May 2022 | 4 Years 5 Months | Current |
| Santosh Shantilal Vora | Director | 01 May 2022 | 4 Years 5 Months | Current |
| Sathiababu Krishnan Kallada | Managing Director | 23 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Valiant Organics Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gramercy Trade Industries Private Limited | ₹767.72 Cr (FY 2025) | 1324.0% | Pune, Maharashtra, India | |||
| Eskay Iodine Private Limited | ₹741.41 Cr (FY 2025) | 33.0% | Mumbai, Maharashtra, India | |||
| Valiant Organics Limitedthis company | ₹738.76 Cr (FY 2026) | ₹25.98 Cr | 3.5% | 2.8% | 968 | Mumbai, Maharashtra, India |
| Gulbrandsen Technologies (India) Private Limited | ₹738.25 Cr (FY 2024) | 5.0% | Vadodara, Gujarat, India | |||
| Baerlocher India Additives Private Limited | ₹715.01 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Gargi Huttenes Albertus Private Limited | ₹686.13 Cr (FY 2025) | 7.0% | Chembur Mumbai, Maharashtra, India | |||
| Yasho Industries Limited | ₹677.26 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Ami Lifesciences Pvt Ltd | ₹659.86 Cr (FY 2025) | 20.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Valiant Organics Limited, buy the company report.
Auditor
Valiant Organics Limited is audited by Gokhale & Sathe for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gokhale & Sathe | FY 2023 | 103264W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 37.90%, foreign institutional investors hold 0.20%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 61.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 37.90% | 37.90% | 37.90% | 37.90% |
| Public | 62.10% | 62.10% | 62.10% | 62.10% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2026 | 101364094 | Citi Bank N.A. | ₹50 Cr | Open | |
| 24 Apr 2026 | 101285300 | Others | ₹50 Cr | Open | |
| 09 Oct 2025 | 101172344 | Others | ₹65 Cr | Open | |
| 25 Jun 2021 | 100459191 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 09 Jun 2021 | 100455267 | The Hongkong and Shanghai Banking Corporation Limited | ₹180 Cr | Open |
To see the full charge records of Valiant Organics Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Valiant Organics Limited has 27 deals on record (13 market trades, 9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹10.82 Cr; the latest was in March 2026.
Deals on record (5 of 27)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Market trade | ₹4.35 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Tulip Family Trust, 3 individuals Seller: 4 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Seller: Dilesh Roadlines Private Limited , Drl Cargo Carrier Private Limited, 2 individuals |
| Mar 2023 | Market trade | ₹7.78 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Mar 2023 | Market trade | ₹7.52 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of Valiant Organics Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Valiant Organics Limited has 10 court cases on record: 3 filed by Valiant Organics, 7 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 1 |
| High courts | 2 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Nilkanth Organics Private Limited | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (SMST S) | Filed by the company against Orbit Pharma Laboratories LLP (SG) | Disposed |
| District court, Ahmedabad, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Himmatrao D Shinde State of Maharashtra | Disposed |
| District court, Bharuch, Gujarat | Commercial matter | Filed against the company by Vipulbhai Vallabhbhai Gajera Director of Nilkanth Onganics Pvt. Ltd. | Disposed |
To see the full case history of Valiant Organics Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Valiant Organics Limited was last rated by Crisil on 31 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Dec 2020 |
To see the full credit ratings and regulatory alerts of Valiant Organics Limited, buy the company report.
MSME payment delays
Valiant Organics Limited has 4 MSME Form 1 returns on record between 2023 and 2024, listing 434 overdue payments to 127 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 127)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kalpesh Roadlines Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Dhruv Agencies (Unit 2) | |||
| Cocoon Enterprise (Unit 2) |
To see the full MSME payment records of Valiant Organics Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Valiant Organics has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Valiant Speciality Chemical Limited | U24230GJ2019PLC111566 | |
| Valiant Advanced Sciences Private Limited | U24290MH2022PTC386388 | |
| Valiant Laboratories Limited | U24299MH2021PLC365904 |
To see the full group structure of Valiant Organics Limited, buy the company report.
Employees & EPFO
Valiant Organics Limited has a workforce of 968 employees on its EPFO records as of Mar 29, 2024, across 4 active EPFO establishments.
GST
Valiant Organics has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV0024A2Z2 | Maharashtra | Active | 13 Dec 2017 |
| 24AACCV0024A1Z9 | Gujarat | Active | 01 Jul 2017 |
| 24AACCV0024A2Z8 | Gujarat | Active | 10 Nov 2020 |
To see the full GST registrations and return filing status of Valiant Organics Limited, buy the company report.
Recent activity
Valiant Organics Limited has 45 board changes on record since 2005: 28 appointments and 17 cessations. The latest: Mulesh Manilal Savla ceased to be Director on 19 Apr 2025.
80 earlier events are in the company report.
News
Frequently asked questions
Valiant Organics is an active public limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 16 February 2005 (21+ years old) and is registered under CIN L24230MH2005PLC151348. Listed on BSE: 540145 and NSE: VALIANTORG.
Valiant Organics reported revenue of ₹738.76 Cr for FY 2025-26 (up 2.8% YoY) based on consolidated financials.
Valiant Organics has 11 current directors:
- Sathiababu Krishnan Kallada - Managing Director
- Parimal Hasmukhlal Desai - Managing Director
- Mahek Manoj Chheda - Whole-Time Director
- Nemin Mahesh Savadia - Whole-Time Director
- Sidhharth Dinesh Shah - Whole-Time Director
- Sonal Amit Vira - Director
- Navin Chapshi Shah - Director
- Santosh Shantilal Vora - Director
- Kiritkumar Haribhai Desai - Director
- Paras Sumtichandra Savla - Director
- Sudhirprakash Baburao Sawant - Director
The latest financial statements of Valiant Organics on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Valiant Organics is 27AACCV0024A2Z2, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 24AACCV0024A1Z9 (Gujarat), 24AACCV0024A2Z8 (Gujarat).
The CIN (Corporate Identification Number) of Valiant Organics is L24230MH2005PLC151348. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Valiant Organics is a listed company as per MCA records. Its shares are listed on both BSE (code: 540145) and NSE (symbol: VALIANTORG).
Valiant Organics has 10 court cases on record: 3 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.
Valiant Organics was incorporated on 16 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Valiant Organics has 27 deals on record (13 market trades, 9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹10.82 Cr; the latest was in March 2026.
The peers of Valiant Organics by revenue are Gramercy Trade Industries Private Limited, Eskay Iodine Private Limited, Gulbrandsen Technologies (India) Private Limited, Baerlocher India Additives Private Limited, Gargi Huttenes Albertus Private Limited and 2 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Mulesh Manilal Savla ceased to be Director on 19 Apr 2025. Paras Sumtichandra Savla was appointed as Director on 13 Nov 2024. Vishnu Jotiram Sawant ceased to be Whole-Time Director on 31 May 2024. Valiant Organics has 45 board changes on record in total.

