VINYLINDIA

Vinyl Chemicals (India) Limited

Vinyl Chemicals (India) Limited (VINYLINDIA) financial statements and selected valuation metrics through 30 June 2026.

Commodities›Chemicals›Chemicals & Petrochemicals›Trading - Chemicals

vinylchemicals.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹203.84
Market cap
374 Cr
Stock P/E
20.0
P/B
2.88
Dividend yield
3.4%
ROE (FY26)
12.7%
ROCE (FY26)
17.0%
Operating margin (FY26)
1.7%
Debt / equity (FY26)
0.0038
OCF / EBITDA (3Y)
88.7%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Vinyl Chemicals (India) buys chemicals and resells them; trading in chemicals is its only business segment and it earned ₹652 crore of revenue in FY26.

Company snapshot

2ndBy market cap

Ranked among 4 companies in Trading - Chemicals.

What we see

Positives
  • ✓89% of operating profit came in as cash over the last three years — profits are backed by real cash.
Concerns
  • ✗Net margin is very thin at 2.5% — little room for error if costs rise.
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Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Standalone only

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales154 Cr159 Cr168 Cr156 Cr150 Cr146 Cr173 Cr151 Cr152 Cr169 Cr180 Cr100 Cr
Operating expenses (approx.)150 Cr150 Cr160 Cr150 Cr144 Cr143 Cr163 Cr149 Cr149 Cr166 Cr177 Cr97 Cr
EBITDA5 Cr9 Cr9 Cr6 Cr6 Cr4 Cr10 Cr2 Cr3 Cr4 Cr3 Cr3 Cr
OPM %2.9%5.5%5.1%3.8%4.0%2.5%5.8%1.3%1.8%2.2%1.6%2.7%
Other income0.82 Cr0.64 Cr2 Cr0.78 Cr1 Cr3 Cr0.19 Cr4 Cr1 Cr2 Cr3 Cr6 Cr
Interest0.02 Cr0.01 Cr0.01 Cr0.01 Cr0.02 Cr0.01 Cr0.01 Cr0.01 Cr0.03 Cr0.01 Cr0.03 Cr0.04 Cr
Depreciation0.02 Cr0.02 Cr0.03 Cr0.02 Cr0.03 Cr0.03 Cr0.02 Cr0.03 Cr0.03 Cr0.03 Cr0.03 Cr0.03 Cr
Profit before tax5 Cr9 Cr10 Cr7 Cr7 Cr7 Cr10 Cr6 Cr4 Cr6 Cr6 Cr9 Cr
Tax %26.9%26.0%27.1%26.9%26.2%24.2%28.1%26.1%25.8%26.5%24.2%25.5%
Net profit4 Cr7 Cr8 Cr5 Cr5 Cr5 Cr7 Cr4 Cr3 Cr5 Cr5 Cr7 Cr
EPS (₹)₹2.12₹3.79₹4.11₹2.68₹2.80₹2.74₹3.96₹2.42₹1.58₹2.47₹2.53₹3.61

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales293 Cr375 Cr483 Cr372 Cr404 Cr865 Cr1,013 Cr597 Cr625 Cr652 CrSign in free for the trailing twelve months
Operating expenses (approx.)283 Cr357 Cr472 Cr366 Cr390 Cr821 Cr966 Cr572 Cr600 Cr641 CrSign in free for the trailing twelve months
EBITDA9 Cr19 Cr11 Cr6 Cr14 Cr44 Cr47 Cr25 Cr26 Cr11 CrSign in free for the trailing twelve months
OPM %3.2%4.9%2.2%1.7%3.4%5.1%4.6%4.2%4.1%1.7%Sign in free for the trailing twelve months
Other income4 Cr4 Cr4 Cr4 Cr1 Cr2 Cr2 Cr4 Cr5 Cr11 CrSign in free for the trailing twelve months
Interest0.03 Cr0.08 Cr0.08 Cr0.05 Cr0.04 Cr0.16 Cr1 Cr0.05 Cr0.04 Cr0.08 CrSign in free for the trailing twelve months
Depreciation0.0055 Cr0.01 Cr0.01 Cr0.01 Cr0.01 Cr0.01 Cr0.10 Cr0.10 Cr0.10 Cr0.12 CrSign in free for the trailing twelve months
Profit before tax13 Cr18 Cr14 Cr10 Cr15 Cr47 Cr48 Cr30 Cr30 Cr22 CrSign in free for the trailing twelve months
Tax %35.1%35.6%36.7%25.3%25.5%25.3%25.0%26.4%26.5%25.6%Sign in free for the trailing twelve months
Net profit9 Cr12 Cr9 Cr7 Cr11 Cr35 Cr36 Cr22 Cr22 Cr16 CrSign in free for the trailing twelve months
EPS (₹)₹4.75₹6.36₹4.83₹4.07₹6.19₹19.01₹19.44₹11.91₹12.18₹8.99Sign in free for the trailing twelve months
Dividend payout %————-38.8%-19.7%0.0%-84.0%55.4%77.8%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr
Reserves46 Cr54 Cr57 Cr59 Cr66 Cr94 Cr111 Cr115 Cr125 Cr128 Cr
Borrowings0.49 Cr0.49 Cr0.49 Cr0.49 Cr0.49 Cr0.79 Cr0.49 Cr0.49 Cr0.49 Cr0.49 Cr
Other liabilities56 Cr115 Cr84 Cr94 Cr200 Cr65 Cr62 Cr188 Cr135 Cr103 Cr
Total liabilities104 Cr171 Cr144 Cr156 Cr269 Cr162 Cr176 Cr305 Cr262 Cr233 Cr
Fixed assets (net)0.22 Cr0.22 Cr0.22 Cr0.21 Cr0.20 Cr0.20 Cr0.64 Cr0.58 Cr0.52 Cr0.76 Cr
CWIP——0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr
Investments39 Cr34 Cr2 Cr47 Cr55 Cr78 Cr40 Cr57 Cr68 Cr52 Cr
Loans & advances——0.01 Cr0.14 Cr0.01 Cr0.01 Cr0.03 Cr0.25 Cr0 Cr0 Cr
Inventories18 Cr55 Cr66 Cr48 Cr73 Cr53 Cr85 Cr120 Cr63 Cr33 Cr
Trade receivables46 Cr77 Cr64 Cr46 Cr111 Cr11 Cr31 Cr106 Cr105 Cr123 Cr
Cash & bank0.22 Cr1 Cr9 Cr11 Cr11 Cr0.04 Cr0.68 Cr5 Cr10 Cr2 Cr
Other assets2 Cr3 Cr3 Cr4 Cr19 Cr19 Cr19 Cr16 Cr15 Cr22 Cr
Total assets104 Cr171 Cr144 Cr156 Cr269 Cr162 Cr176 Cr305 Cr262 Cr233 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity-7 Cr-3 Cr-21 Cr51 Cr29 Cr34 Cr3 Cr47 Cr24 Cr-16 Cr
Cash from investing10 Cr8 Cr34 Cr-44 Cr0.01 Cr21 Cr41 Cr-14 Cr-6 Cr21 Cr
Cash from financing-3 Cr-4 Cr-5 Cr-5 Cr4 Cr7 Cr18 Cr18 Cr-12 Cr-13 Cr
Net cash flow-0.29 Cr1 Cr7 Cr2 Cr34 Cr51 Cr63 Cr53 Cr5 Cr-8 Cr
Free cash flow (OCF − Capex)—-3 Cr——29 Cr34 Cr3 Cr47 Cr24 Cr-17 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %27.9%32.5%23.7%16.3%22.3%48.4%42.9%25.3%23.9%17.0%
ROE %18.2%21.0%15.0%12.2%16.7%36.3%31.5%18.7%17.6%12.7%
Debtor days57754845100511656169
Inventory days22545047662230733718
Days payable65107599017624201117353
Cash conversion cycle1322392-11321282534
OCF / EBITDA %-76.3%-14.6%n.m.n.m.209.6%77.3%7.4%187.1%92.8%n.m.
OCF / EBITDA % (3 years)——-80.8%n.m.n.m.177.4%63.8%73.2%76.5%88.7%
Debt / equity0.010.00890.00830.00800.00720.00820.00430.00420.00390.0038
Current ratio1.851.481.701.651.341.272.831.621.932.27
Net debt / EBITDA0.03—-0.77-1.60-0.750.02-0.0041-0.17-0.37-0.16