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Vinati Organics share price & results

Vinati Organics Limited· Chemicals· Commodities

Results to
Jun 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

World's largest ATBS/IBB maker; India's only TBA, TB Amine & Butyl Phenols maker, from 4 Maharashtra plants.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue696 ₹ crore+28.4% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin24.0 %−5.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit109 ₹ crore+4.8% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity15.08 %−0.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin12.93 %+14.7 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)5.12 %−19.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 9 judged targets kept · 8 open · verdicts reflect calls analysed to Q4 FY26.

Vinati Organics Limited management guidance track record on Inve: 17 targets tracked across analysed earnings calls (2 achieved, 7 missed, 8 open).

TargetOriginal wordingSaidLatest callVerdict
ATBS Capacity Expansion60,000 metric tons by end of FY24Q1 FY24Q4 FY26:ATBS capacity expansion successfully completed. The promise is fulfilled, albeit with significant delays from the original FY24 target.
Call transcript, Q4 FY26 · 27 May 2026		Achieved
FY25 Sales Growth20-25%Q1 FY24Q4 FY26:Promise related to FY25 performance. Final status was 'missed'. Not discussed in the current quarter.
Call transcript, Q4 FY26 · 27 May 2026		Ghosted
3-Year Revenue CAGR15% to 20%Q3 FY24Q4 FY26:FY26 consolidated revenue was flat YoY at ₹2,280 crores vs ₹2,292 crores in FY25. This performance puts the 20% CAGR target at significant risk.
Call transcript, Q4 FY26 · 27 May 2026		At Risk

Source: Inve Guidance Tracker for Vinati Organics Limited · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

7 of Vinati Organics Limited's 17 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 14 more targets are in the full ledger.

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Price

₹1,057.3 −1.27% · −₹13.6

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −37.4% 1Y

₹1.2k₹1.4k₹1.6kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q4 FY26 — 27 May 2026

1Y: ₹1,687.8 on 24 Oct 2025 → ₹1,057.3. High ₹1,701.1 (29 Oct 2025), low ₹1,057.3 (26 Oct 2026).

Previous close
₹1,070.9
Market cap
₹11.0k Cr
52-week range
₹1,057.3 – ₹1,701.1
One year
−37.25%
Price to earnings (TTM to Jun 2026)
24.41×
Return on equity (TTM to Jun 2026)
15.08%

Overview

Symbol
NSE:VINATIORGA
Sector
Chemicals
Industry
Commodities
Exchange
NSE
Currency
INR

What Vinati Organics Limited does

Based on the company's own presentations, annual report and earnings calls.

Vinati Organics manufactures specialty chemicals and organic intermediates — including ATBS, isobutyl benzene (IBB), butyl phenols and antioxidants — that serve as building-block inputs for pharmaceuticals, agrochemicals, personal care, water treatment, polymers and oilfield industries. It is the world's largest producer of ATBS and IBB and India's only producer of TBA, TB Amine and butyl phenols, selling to customers across 40+ countries. The company is backward-integrated into butyl phenols and isobutylene, its own key raw materials, giving it cost and process control over its supply chain. A wholly owned subsidiary, Veeral Organics (VOPL), is commercialising a new range of products including MEHQ, Guaiacol, anisole and 4-MAP.

Segments

  • ATBS (Acrylamido Tertiary Butyl Sulfonic Acid)
  • Butyl Phenols
  • Antioxidants
  • IB & HP-MTBE (Isobutylene / Isobutyl Benzene)
  • Customised / specialty products
Global market position
World's largest producer of ATBS and IBB
Manufacturing sites
4 (3 at Mahad, 1 at Lote, Maharashtra)
Product portfolio
30+ products across multiple end-use industries
Countries served
40+
India market position
India's largest manufacturing facilities for antioxidants; India's only producer of TBA, TB Amine and Butyl Phenols
Permanent employees
1,200+
Founded 1989 Company website

How the price took the results

close before → close after

Q4 FY26
−0.7%
27 May

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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