- Valuation
- ₹18,820 Cr

About Vinati Organics Limited
Data last updated:
Vinati Organics Limited is a public limited company based in Raigad, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 15 June 1989 and has been in existence for over 37 years.
Its director Vinod Saraf and family are #305 among India's richest people (2026). Its director Jagdish Chandra Laddha and family are #1,482 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24116MH1989PLC052224. Its GSTIN is 27AAACV6538K1ZX (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 524200 and NSE: VINATIORGA.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹10.37 Cr. It is led by directors including Vinati Saraf Mutreja (Managing Director) and Viral Saraf Mittal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at B – 12 & B – 13 MIDC Areamahad, Raigad, Maharashtra, India – 402309.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,226.89 Cr, a decline of 0.9% compared to the previous year. For the same year it recorded a net profit of ₹443.74 Cr (net margin 19.9%) and EBITDA of ₹654.85 Cr (EBITDA margin 29.4%). The net worth stands at ₹3,161.68 Cr (up 13.2% YoY). Total assets are valued at ₹3,180.29 Cr (up 10.5% YoY).
The company has about 1,098 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Vinati Organics. As per MCA filings, the company has open charges of ₹110 Cr and satisfied charges of ₹365.68 Cr on record. Court records list 42 cases involving the company, including 8 filed by the company and 34 filed against it; 17 cases are pending. The company has 12 deals on record (10 market trades, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹44.4 Lakh; the latest was in October 2022. Its 6 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (manufacture of chemicals and chemical products) are compared by revenue, 2 larger and 4 smaller; the largest is Aarti Drugs Limited with revenue of ₹2,403.39 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 158 overdue payments to 55 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 vinatiorganics.com.
Company details
CIN history
Vinati Organics has one previous CIN (Corporate Identification Number): U24116MH1989PLC052224. The current CIN is L24116MH1989PLC052224, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24116MH1989PLC052224 | Current |
| U24116MH1989PLC052224 | Previous |
Recognitions & Rankings of Vinati Organics
- #305 Vinod Saraf & family ₹12,500 Cr
- #1,482 Jagdish Chandra Laddha & family ₹1,400 Cr
Contact details
Vinati Organics Limited's registered office is in Raigad, Maharashtra. Its website is vinatiorganics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 12 & B – 13 MIDC Areamahad, Raigad, Maharashtra, India – 402309
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Vinati 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
Vinati Organics operates one associated brand: Vinati Organics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specialty chemicals and organic intermediates are manufactured by the company. | vinatiorganics.com |
Business activity
The main business activity of Vinati Organics is manufacturing. In detail, this covers manufacture of chemicals and chemical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical products |
To see the full business activity and turnover split of Vinati Organics Limited, buy the company report.
Financials of Vinati Organics Limited
FY 2025-26 filings availableVinati Organics Limited reported revenue of ₹2,226.89 Cr (down 0.9% 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 | 2,227 | 2,248 | 1,900 | 2,073 | 1,616 | 954 | 1,029 |
| Revenue growth | -1.0% | +18.3% | -8.3% | +28.3% | +69.3% | -7.3% | - |
| EBITDA | 655 | 582 | 471 | 573 | 435 | 353 | 415 |
| EBITDA margin | +29.4% | +25.9% | +24.8% | +27.6% | +27.0% | +37.0% | +40.3% |
| Profit before tax | 595 | 536 | 432 | 563 | 449 | 335 | 425 |
| Net profit | 444 | 405 | 323 | 419 | 347 | 269 | 334 |
| Net profit margin | +19.9% | +18.0% | +17.0% | +20.2% | +21.5% | +28.2% | +32.4% |
| EPS (₹) | 42.79 | 39.08 | 31.15 | 40.78 | 33.72 | 26.20 | 32.48 |
| Balance sheet | |||||||
| Total assets | 3,180 | 2,877 | 2,493 | 2,255 | 1,851 | 1,550 | 1,284 |
| Net worth | 3,162 | 2,793 | 2,462 | 2,213 | 1,828 | 1,543 | 1,279 |
| Total debt | 0.00 | 62.63 | 4.65 | 35.22 | 18.40 | 2.02 | 0.35 |
| Cash & bank | 6.06 | 3.93 | 12.80 | 12.97 | 4.30 | 6.85 | 53.70 |
| Net working capital | 801 | 777 | 751 | 654 | 627 | 369 | 327 |
| Cash flow | |||||||
| Cash from operations | 558 | 458 | 332 | 515 | 127 | 219 | 416 |
| Cash from investing | (414) | (443) | (348) | (329) | (255) | (198) | (197) |
| Cash from financing | (141) | (15.58) | (108) | (61.74) | (46.54) | (3.10) | (109) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 680 | 696 | 604 | 531 | 550 | 542 | 648 | 522 |
| Revenue growth (YoY) | +23.6% | +28.4% | -6.9% | +1.7% | -0.6% | +3.3% | - | - |
| Other income | 12.65 | 9.00 | 20.39 | 8.86 | 16.01 | 7.39 | 6.16 | 6.67 |
| EBITDA | 126 | 170 | 170 | 157 | 167 | 160 | 180 | 142 |
| EBITDA margin | +18.5% | +24.5% | +28.2% | +29.5% | +30.4% | +29.5% | +27.8% | +27.3% |
| Depreciation | 32.71 | 31.72 | 30.46 | 29.27 | 26.08 | 25.55 | 22.52 | 22.32 |
| Interest | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 | 0.37 | 0.16 | 0.09 |
| Profit before tax | 106 | 148 | 160 | 136 | 157 | 141 | 164 | 127 |
| Tax | 27.25 | 38.90 | 36.34 | 35.31 | 42.37 | 36.97 | 40.86 | 32.92 |
| Net profit | 78.36 | 109 | 124 | 101 | 115 | 104 | 123 | 93.70 |
| EPS (₹) | 7.56 | 10.50 | 11.95 | 9.73 | 11.08 | 10.05 | 11.87 | 9.04 |
| 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 | 2,228 | 2,248 | 1,900 | 2,073 | 1,616 | 954 | 1,029 |
| Revenue growth | -0.9% | +18.3% | -8.3% | +28.3% | +69.3% | -7.3% | - |
| EBITDA | 689 | 587 | 471 | 573 | 435 | 353 | 415 |
| EBITDA margin | +30.9% | +26.1% | +24.8% | +27.7% | +27.0% | +37.0% | +40.3% |
| Profit before tax | 649 | 548 | 432 | 563 | 449 | 335 | 425 |
| Net profit | 488 | 415 | 323 | 419 | 347 | 269 | 334 |
| Net profit margin | +21.9% | +18.5% | +17.0% | +20.2% | +21.5% | +28.2% | +32.4% |
| EPS (₹) | 47.04 | 40.04 | 31.18 | 40.78 | 33.73 | 26.20 | 32.48 |
| Balance sheet | |||||||
| Total assets | 3,225 | 2,876 | 2,493 | 2,256 | 1,898 | 1,550 | 1,284 |
| Net worth | 3,217 | 2,807 | 2,464 | 2,213 | 1,862 | 1,543 | 1,279 |
| Total debt | 0.00 | 62.62 | 4.65 | 35.22 | 28.40 | 2.02 | 0.35 |
| Cash & bank | 4.85 | 3.51 | 12.74 | 9.67 | 6.28 | 6.85 | 53.70 |
| Net working capital | 706 | 726 | 744 | 649 | 663 | 369 | 327 |
| Cash flow | |||||||
| Cash from operations | 628 | 494 | 338 | 516 | 127 | 219 | 416 |
| Cash from investing | (485) | (480) | (353) | (333) | (256) | (198) | (197) |
| Cash from financing | (141) | (14.94) | (106) | (61.36) | (46.43) | (3.10) | (109) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 668 | 698 | 611 | 529 | 546 | 542 | 648 | 522 |
| Revenue growth (YoY) | +22.3% | +28.7% | -5.8% | +1.4% | -1.3% | +3.3% | - | - |
| Other income | 12.67 | 8.85 | 20.50 | 8.84 | 15.93 | 7.30 | 6.14 | 6.68 |
| Total expenses | 538 | 516 | 427 | 368 | 368 | 376 | 465 | 379 |
| EBITDA | 130 | 181 | 183 | 161 | 179 | 166 | 184 | 143 |
| EBITDA margin | +19.4% | +26.0% | +30.0% | +30.4% | +32.7% | +30.6% | +28.3% | +27.4% |
| Depreciation | 26.16 | 25.26 | 24.91 | 24.27 | 21.53 | 21.28 | 20.18 | 20.50 |
| Interest | 0.01 | 0.00 | 0.02 | 0.01 | 0.01 | 0.37 | 0.16 | 0.09 |
| Profit before tax | 116 | 165 | 179 | 145 | 173 | 151 | 169 | 129 |
| Tax | 29.22 | 41.34 | 41.18 | 36.91 | 43.98 | 38.69 | 41.80 | 33.31 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 680 | 696 | 604 | 531 | 550 | 542 | 648 | 522 |
| Revenue growth (YoY) | +23.6% | +28.4% | -6.9% | +1.7% | -0.6% | +3.3% | - | - |
| Other income | 12.65 | 9.00 | 20.39 | 8.86 | 16.01 | 7.39 | 6.16 | 6.67 |
| EBITDA | 126 | 170 | 170 | 157 | 167 | 160 | 180 | 142 |
| EBITDA margin | +18.5% | +24.5% | +28.2% | +29.5% | +30.4% | +29.5% | +27.8% | +27.3% |
| Depreciation | 32.71 | 31.72 | 30.46 | 29.27 | 26.08 | 25.55 | 22.52 | 22.32 |
| Interest | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 | 0.37 | 0.16 | 0.09 |
| Profit before tax | 106 | 148 | 160 | 136 | 157 | 141 | 164 | 127 |
| Tax | 27.25 | 38.90 | 36.34 | 35.31 | 42.37 | 36.97 | 40.86 | 32.92 |
| Net profit | 78.36 | 109 | 124 | 101 | 115 | 104 | 123 | 93.70 |
| EPS (₹) | 7.56 | 10.50 | 11.95 | 9.73 | 11.08 | 10.05 | 11.87 | 9.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,227 | 2,248 | 1,900 | 2,073 | 1,616 | 954 | 1,029 |
| Revenue growth | -1.0% | +18.3% | -8.3% | +28.3% | +69.3% | -7.3% | - |
| Other income | 52.64 | 44.31 | 38.80 | 52.44 | 60.91 | 25.84 | 44.99 |
| Total expenses | 1,572 | 1,666 | 1,429 | 1,500 | 1,180 | 601 | 614 |
| Employee cost | 175 | 140 | 119 | 99.61 | 83.99 | 72.64 | 64.28 |
| EBITDA | 655 | 582 | 471 | 573 | 435 | 353 | 415 |
| EBITDA margin | +29.4% | +25.9% | +24.8% | +27.6% | +27.0% | +37.0% | +40.3% |
| Depreciation | 111 | 88.53 | 72.93 | 59.02 | 45.49 | 42.91 | 33.16 |
| Interest | 1.39 | 1.91 | 4.95 | 3.26 | 1.65 | 0.95 | 2.04 |
| Profit before tax | 595 | 536 | 432 | 563 | 449 | 335 | 425 |
| Tax | 151 | 131 | 109 | 144 | 103 | 65.91 | 90.84 |
| Net profit | 444 | 405 | 323 | 419 | 347 | 269 | 334 |
| Net profit margin | +19.9% | +18.0% | +17.0% | +20.2% | +21.5% | +28.2% | +32.4% |
| EPS (₹) | 42.79 | 39.08 | 31.15 | 40.78 | 33.72 | 26.20 | 32.48 |
| 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 | 10.37 | 10.37 | 10.37 | 10.28 | 10.28 | 10.28 | 10.28 |
| Reserves & surplus | 3,151 | 2,783 | 2,291 | 2,042 | 1,818 | 1,533 | 1,269 |
| Shareholders' funds (net worth) | 3,162 | 2,793 | 2,462 | 2,213 | 1,828 | 1,543 | 1,279 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 62.63 | 0.00 | 24.87 | 18.40 | 2.02 | 0.35 |
| Unsecured loans | 0.00 | 0.00 | 4.65 | 10.35 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 62.63 | 4.65 | 35.22 | 18.40 | 2.02 | 0.35 |
| Total liabilities | 3,180 | 2,877 | 2,493 | 2,255 | 1,851 | 1,550 | 1,284 |
| Assets | |||||||
| Gross block | 2,638 | 2,129 | 1,814 | 1,412 | 1,067 | 905 | 856 |
| Net block | 2,122 | 1,724 | 1,489 | 1,159 | 873 | 757 | 751 |
| Capital work in progress | 214 | 438 | 249 | 242 | 51.48 | 55.80 | 30.97 |
| Investments | 190 | 35.89 | 64.28 | 227 | 93.61 | 289 | 227 |
| Inventories | 311 | 221 | 199 | 233 | 176 | 122 | 93.17 |
| Sundry debtors | 521 | 592 | 530 | 464 | 458 | 277 | 202 |
| Cash & bank balances | 6.06 | 3.93 | 12.80 | 12.97 | 4.30 | 6.85 | 53.70 |
| Loans & advances | 188 | 210 | 224 | 162 | 137 | 68.28 | 66.53 |
| Total current assets | 1,026 | 1,028 | 965 | 872 | 776 | 474 | 415 |
| Total current liabilities | 225 | 250 | 214 | 218 | 149 | 106 | 88.66 |
| Net working capital | 801 | 777 | 751 | 654 | 627 | 369 | 327 |
| Total assets | 3,180 | 2,877 | 2,493 | 2,255 | 1,851 | 1,550 | 1,284 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.49 | 0.37 | 125 | 1.28 | 176 | 159 | 49.16 |
| Net cash from operating activities | 558 | 458 | 332 | 515 | 127 | 219 | 416 |
| Net cash from investing activities | (414) | (443) | (348) | (329) | (255) | (198) | (197) |
| Net cash from financing activities | (141) | (15.58) | (108) | (61.74) | (46.54) | (3.10) | (109) |
| Net change in cash | 3.28 | 0.12 | (125) | 124 | (175) | 17.61 | 109 |
| Closing cash | 6.06 | 3.93 | 12.80 | 12.97 | 4.30 | 6.85 | 53.70 |
| 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 | -1.0% | +18.3% | -8.3% | +28.3% | +69.3% | -7.3% | - |
| EBITDA growth | +12.5% | +23.6% | -17.8% | +31.6% | +23.3% | -14.9% | - |
| PBT growth | +10.9% | +24.1% | -23.3% | +25.4% | +34.0% | -21.1% | +9997.0% |
| Net income growth | +9.5% | +25.5% | -23.0% | +20.9% | +28.7% | -19.3% | - |
| Revenue CAGR (3Y) | +2.4% | +11.7% | +25.8% | +26.3% | - | - | - |
| EBITDA CAGR (3Y) | +4.6% | +10.2% | +10.1% | +11.4% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +19.9% | +18.0% | +17.0% | +20.2% | +21.5% | +28.2% | +32.4% |
| Return on capital employed | +19.7% | +20.0% | +18.4% | +27.6% | +26.5% | +23.7% | +33.2% |
| Return on net worth | +14.9% | +15.4% | +13.8% | +20.8% | +20.6% | +19.1% | +26.1% |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.26 | 0.39 | 1.24 | 0.63 | 0.42 | 0.31 | 0.53 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.93 | 1.14 | 1.18 | 1.67 | 1.64 | 1.08 | 1.20 |
| Inventory turnover | 8.37 | 10.71 | 8.81 | 10.13 | 10.84 | 8.87 | 11.04 |
| Debtors turnover | 4.00 | 4.01 | 3.82 | 4.50 | 4.39 | 3.98 | 5.10 |
| EPS (₹) | 42.79 | 39.08 | 31.15 | 40.78 | 33.72 | 26.20 | 32.48 |
| Dividend per share (₹) | 8.50 | 7.50 | 7.00 | 7.00 | 6.50 | 6.00 | 5.50 |
| Book value per share (₹) | 304.89 | 269.36 | 221.98 | 199.70 | 177.85 | 150.16 | 124.48 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 668 | 698 | 611 | 529 | 546 | 542 | 648 | 522 |
| Revenue growth (YoY) | +22.3% | +28.7% | -5.8% | +1.4% | -1.3% | +3.3% | - | - |
| Other income | 12.67 | 8.85 | 20.50 | 8.84 | 15.93 | 7.30 | 6.14 | 6.68 |
| Total expenses | 538 | 516 | 427 | 368 | 368 | 376 | 465 | 379 |
| EBITDA | 130 | 181 | 183 | 161 | 179 | 166 | 184 | 143 |
| EBITDA margin | +19.4% | +26.0% | +30.0% | +30.4% | +32.7% | +30.6% | +28.3% | +27.4% |
| Depreciation | 26.16 | 25.26 | 24.91 | 24.27 | 21.53 | 21.28 | 20.18 | 20.50 |
| Interest | 0.01 | 0.00 | 0.02 | 0.01 | 0.01 | 0.37 | 0.16 | 0.09 |
| Profit before tax | 116 | 165 | 179 | 145 | 173 | 151 | 169 | 129 |
| Tax | 29.22 | 41.34 | 41.18 | 36.91 | 43.98 | 38.69 | 41.80 | 33.31 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,228 | 2,248 | 1,900 | 2,073 | 1,616 | 954 | 1,029 |
| Revenue growth | -0.9% | +18.3% | -8.3% | +28.3% | +69.3% | -7.3% | - |
| Other income | 52.57 | 44.29 | 38.80 | 52.44 | 60.96 | 25.86 | 44.99 |
| Total expenses | 1,539 | 1,662 | 1,429 | 1,500 | 1,180 | 601 | 614 |
| Employee cost | 164 | 138 | 119 | 99.61 | 83.99 | 72.64 | 64.28 |
| EBITDA | 689 | 587 | 471 | 573 | 435 | 353 | 415 |
| EBITDA margin | +30.9% | +26.1% | +24.8% | +27.7% | +27.0% | +37.0% | +40.3% |
| Depreciation | 91.99 | 80.75 | 72.79 | 59.02 | 45.49 | 42.91 | 33.16 |
| Interest | 1.36 | 1.87 | 4.95 | 3.26 | 1.65 | 0.95 | 2.04 |
| Profit before tax | 649 | 548 | 432 | 563 | 449 | 335 | 425 |
| Tax | 161 | 133 | 109 | 144 | 103 | 65.91 | 90.84 |
| Net profit | 488 | 415 | 323 | 419 | 347 | 269 | 334 |
| Net profit margin | +21.9% | +18.5% | +17.0% | +20.2% | +21.5% | +28.2% | +32.4% |
| EPS (₹) | 47.04 | 40.04 | 31.18 | 40.78 | 33.73 | 26.20 | 32.48 |
| 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 | 10.37 | 10.37 | 10.37 | 10.28 | 10.28 | 10.28 | 10.28 |
| Reserves & surplus | 3,206 | 2,796 | 2,454 | 2,043 | 1,691 | 1,533 | 1,269 |
| Shareholders' funds (net worth) | 3,217 | 2,807 | 2,464 | 2,213 | 1,862 | 1,543 | 1,279 |
| Secured loans | 0.00 | 62.62 | 4.65 | 24.87 | 18.40 | 2.02 | 0.35 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 10.35 | 10.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 62.62 | 4.65 | 35.22 | 28.40 | 2.02 | 0.35 |
| Total liabilities | 3,225 | 2,876 | 2,493 | 2,256 | 1,898 | 1,550 | 1,284 |
| Assets | |||||||
| Gross block | 2,101 | 1,779 | 1,655 | 1,412 | 1,069 | 905 | 856 |
| Net block | 1,612 | 1,382 | 1,330 | 1,159 | 874 | 757 | 751 |
| Capital work in progress | 126 | 298 | 246 | 229 | 306 | 54.69 | 30.97 |
| Investments | 937 | 523 | 237 | 256 | 97.88 | 289 | 227 |
| Inventories | 282 | 217 | 198 | 233 | 201 | 122 | 93.17 |
| Sundry debtors | 532 | 594 | 530 | 464 | 453 | 277 | 202 |
| Cash & bank balances | 4.85 | 3.51 | 12.74 | 9.67 | 6.28 | 6.85 | 53.70 |
| Loans & advances | 97.41 | 145 | 203 | 161 | 165 | 68.09 | 66.53 |
| Total current assets | 917 | 959 | 944 | 867 | 826 | 474 | 415 |
| Total current liabilities | 211 | 233 | 200 | 218 | 163 | 105 | 88.66 |
| Net working capital | 706 | 726 | 744 | 649 | 663 | 369 | 327 |
| Total assets | 3,225 | 2,876 | 2,493 | 2,256 | 1,898 | 1,550 | 1,284 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.07 | 0.31 | 122 | 1.26 | 176 | 159 | 49.16 |
| Net cash from operating activities | 628 | 494 | 338 | 516 | 127 | 219 | 416 |
| Net cash from investing activities | (485) | (480) | (353) | (333) | (256) | (198) | (197) |
| Net cash from financing activities | (141) | (14.94) | (106) | (61.36) | (46.43) | (3.10) | (109) |
| Net change in cash | 2.49 | (0.24) | (122) | 121 | (175) | 17.60 | 109 |
| Closing cash | 4.85 | 3.51 | 12.74 | 9.67 | 6.28 | 6.85 | 53.70 |
| 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 | -0.9% | +18.3% | -8.3% | +28.3% | +69.3% | -7.3% | - |
| EBITDA growth | +17.5% | +24.4% | -17.7% | +31.6% | +23.3% | -14.9% | - |
| PBT growth | +18.3% | +26.8% | -23.2% | +25.3% | +34.0% | -21.1% | -0.1% |
| Net income growth | +17.5% | +28.4% | -22.9% | +20.9% | +28.7% | -19.3% | - |
| Revenue CAGR (3Y) | +2.4% | +11.6% | +25.8% | +26.3% | +12.7% | +9.4% | +17.1% |
| EBITDA CAGR (3Y) | +6.4% | +10.4% | +10.1% | +11.4% | +0.8% | +21.2% | +24.0% |
| Profitability & leverage | |||||||
| Net income margin | +21.9% | +18.5% | +17.0% | +20.2% | +21.5% | +28.2% | +32.4% |
| Return on capital employed | +21.3% | +20.5% | +18.4% | +27.3% | +26.2% | +23.7% | +36.5% |
| Return on net worth | +16.2% | +15.8% | +13.8% | +20.6% | +20.4% | +19.1% | +28.7% |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.23 | 0.37 | 1.24 | 0.63 | 0.42 | 0.31 | 0.53 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.15 | 1.31 | 1.24 | 1.67 | 1.64 | 1.08 | 1.47 |
| Inventory turnover | 8.93 | 10.83 | 8.81 | 9.54 | 9.99 | 8.87 | 11.09 |
| Debtors turnover | 3.96 | 4.00 | 3.83 | 4.52 | 4.43 | 3.98 | 4.62 |
| EPS (₹) | 47.04 | 40.04 | 31.18 | 40.78 | 33.73 | 26.20 | 32.48 |
| Dividend per share (₹) | 8.50 | 7.50 | 7.00 | 7.00 | 6.50 | 6.00 | 5.50 |
| Book value per share (₹) | 310.18 | 270.66 | 237.65 | 199.75 | 165.52 | 150.16 | 124.48 |
To see the full year-wise statements and ratios of Vinati Organics Limited, buy the company report.
Board of directors of Vinati Organics Limited
Vinati Organics has 8 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viral Saraf Mittal Also directs: Viral Alkalis Limited, Suchir Chemicals Private Limited, Nishit Pharma Chem Private Limited and 4 more | Whole-Time Director | 19 May 2009 | 17 Years 5 Months | Current |
| Vinati Saraf Mutreja Also directs: Viral Alkalis Limited, Suchir Chemicals Private Limited, Nishit Pharma Chem Private Limited and 4 more | Managing Director | 20 May 2006 | 20 Years 5 Months | Current |
| Vinod Banwarilal Saraf Also directs: Viral Alkalis Limited, Suchir Chemicals Private Limited, Nishit Pharma Chem Private Limited and 1 more | Whole-Time Director | 01 Nov 2010 | 16 Years 0 Months | Current |
| Mona Mukund Bhide Also directs: Waaree Energies Limited, Fedbank Financial Services Limited, Benchmark Computer Solutions Limited and 4 more | Director | 27 Oct 2018 | 8 Years 0 Months | Current |
| Lakshmi Kantam Mannepalli | Director | 11 May 2019 | 7 Years 6 Months | Current |
| Jagdish Chandra Laddha | Director | 13 Jun 2020 | 6 Years 5 Months | Current |
Peer comparison
Vinati Organics Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (manufacture of chemicals and chemical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aarti Drugs Limited | ₹2,403.39 Cr (FY 2025) | -5.0% | Thane, Maharashtra, India | |||
| Fine Organic Industries Limited | ₹2,366.75 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Vinati Organics Limitedthis company | ₹2,226.89 Cr (FY 2026) | ₹443.74 Cr | 19.9% | -0.9% | Raigad, Maharashtra, India | |
| Iol Chemicals and Pharmaceuticals Limited | ₹2,101.62 Cr (FY 2025) | -3.0% | Barnala, Punjab, India | |||
| Rossari Biotech Limited | ₹2,084.3 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Kutch Chemical Industries Limited | ₹1,985.16 Cr (FY 2024) | -33.0% | New Delhi, Delhi, India | |||
| Godavari Biorefineries Limited | ₹1,886.91 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vinati Organics Limited, buy the company report.
Auditor
Vinati Organics Limited is audited by M M NISSIM AND CO for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M NISSIM AND CO | FY 2025 | 107122W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 74.30%, foreign institutional investors hold 3.60%, domestic institutional investors hold 9.20% and retail and other public shareholders hold 12.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 74.30% | 74.30% | 74.30% | 74.30% |
| Public | 25.70% | 25.70% | 25.70% | 25.70% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2020 | 100328596 | Hdfc Bank Limited | ₹110 Cr | Open | |
| 30 Mar 2013 | 10421823 | Sbicap Trustee Company Limited | ₹30 Cr | Satisfied | |
| 19 Dec 2012 | 10397336 | International Finance Corporation | ₹60.5 Cr | Satisfied | |
| 27 Jun 2011 | 10301315 | Citi Bank N.A. | ₹20 Cr | Satisfied | |
| 29 Jun 2009 | 10168363 | Axis Bank Limited | ₹35.8 Cr | Satisfied |
To see the full charge records of Vinati Organics Limited, buy the company report.
Total charge records: 25 View all charges
Deals & funding
Vinati Organics Limited has 12 deals on record (10 market trades, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹44.4 Lakh; the latest was in October 2022.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Market trade | ₹34.02 Cr | Buyer: Ishares Msci India Small-Cap Etf, an individual Seller: Ishares Core Emerging Markets Mauritius Co, Ishares India Sc Mauritius Company |
| Oct 2022 | Market trade | ₹32.85 Cr | Buyer: Ishares Msci India Small-Cap Etf, an individual Seller: Ishares Core Emerging Markets Mauritius Co, Ishares India Sc Mauritius Company |
| Oct 2022 | Market trade | ₹22.56 Cr | Buyer: Ishares Msci India Small-Cap Etf, an individual Seller: Ishares Core Emerging Markets Mauritius Co, Ishares India Sc Mauritius Company |
| Jul 2014 | Market trade | ₹70.4 Cr | Buyer: Suchir Chemicals Private Limited Seller: an individual |
| Nov 2006 | Market trade | ₹18.2 Lakh | Buyer: Kavita Organics Private Limited Seller: an individual |
To see the full deal history of Vinati 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
Vinati Organics Limited has 42 court cases on record: 8 filed by Vinati Organics, 34 filed against it. 17 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 26 | 11 |
| High courts | 14 | 8 | 6 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Ms Mirco Dynamics Pvt. Ltd. Through Authorized Signatory K. V. Ravindran | Pending |
| High Court of Gujarat | Special civil application | Filed against the company by Basf India Limited | Disposed |
| High Court, TELANGANA | Company petition | Filed by the company against M/S.Veda Lifesciences Pvt.Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Ms Mirco Dynamics Pvt. Ltd. Through Authorized Signatory K. V. Ravindran | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against M/S Vivimed Labs Ltd | Disposed |
To see the full case history of Vinati 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
Vinati Organics Limited was last rated by Care on 01 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Oct 2021 |
To see the full credit ratings and regulatory alerts of Vinati Organics Limited, buy the company report.
MSME payment delays
Vinati Organics Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 158 overdue payments to 55 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 55)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Dhanlaxmi Movers Private Limited | |||
| Rashmi Heaters Private Limited | |||
| Usha Enterprises | |||
| Mufg Intime India Private Limited | |||
| Canter Engineers Limited |
To see the full MSME payment records of Vinati Organics Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Vinati Organics has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Veeral Organics Private Limited | U24303MH2020PTC347215 |
To see the full group structure of Vinati Organics Limited, buy the company report.
GST
Vinati Organics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV6538K1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vinati Organics Limited, buy the company report.
Recent activity
Vinati Organics Limited has 17 board changes on record since 2006: 8 appointments and 9 cessations. The latest: Amit Harshad Thanawala was appointed as Whole-Time Director on 13 Dec 2024.
74 earlier events are in the company report.
News
Frequently asked questions
Vinati Organics is an active public limited company based in Raigad, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 15 June 1989 (37+ years old) and is registered under CIN L24116MH1989PLC052224. Listed on BSE: 524200 and NSE: VINATIORGA.
Vinati Organics reported revenue of ₹2,226.89 Cr for FY 2025-26 (down 0.9% YoY) based on consolidated financials.
Vinati Organics has 8 current directors:
- Vinati Saraf Mutreja - Managing Director
- Viral Saraf Mittal - Whole-Time Director
- Vinod Banwarilal Saraf - Whole-Time Director
- Amit Harshad Thanawala - Whole-Time Director
- Mona Mukund Bhide - Director
- Lakshmi Kantam Mannepalli - Director
- Jagdish Chandra Laddha - Director
- Prashant Purushottam Barve - Director
The latest financial statements of Vinati Organics on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Vinati Organics is 27AAACV6538K1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vinati Organics is L24116MH1989PLC052224. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Vinati Organics is a listed company as per MCA records. Its shares are listed on both BSE (code: 524200) and NSE (symbol: VINATIORGA).
Vinati Organics has 42 court cases on record: 8 filed by the company and 34 filed against it. 17 are pending. Most are in the district courts.
Vinati Organics was incorporated on 15 June 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Vinati Organics has 12 deals on record (10 market trades, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹44.4 Lakh; the latest was in October 2022.
The peers of Vinati Organics by revenue are Aarti Drugs Limited, Fine Organic Industries Limited, Iol Chemicals and Pharmaceuticals Limited, Rossari Biotech Limited, Kutch Chemical Industries Limited and 1 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (manufacture of chemicals and chemical products).
Amit Harshad Thanawala was appointed as Whole-Time Director on 13 Dec 2024. Prashant Purushottam Barve was appointed as Director on 01 Apr 2024. Jayesh Ajitkumar Ashar ceased to be Additional Director on 03 Jul 2021. Vinati Organics has 17 board changes on record in total.

