Vinati Organics Ltd (VINATIORGA)

Vinati Organics Ltd Rated Sell with Revised Target Price - 02 Apr, 2024

Vinati Organics Ltd's ATBS spread has contracted, posing a risk to margin assumptions. Newly commissioned projects present earnings acceleration potential; however, demand recovery and competitive intensity remain key. Maintain Sell rating with revised target price of Rs 1,300.

Vinati Organics' TSR Outpaces Earnings Growth - 30 Mar, 2024

Over the last five years, Vinati Organics has managed to grow its earnings per share at 7.4% a year, while its total shareholder returns (TSR) for the same period was 76%. This suggests that market participants hold the company in higher regard, given its track record of growth.

Geojit Accumulates Vinati Organics with Target Price of Rs 1844 - 15 Mar, 2024

Vinati Organics reported a consolidated total income of Rs 456.82 crore for Q3 2023, down -1.62% from the previous quarter and -13.06% YoY. The company's net profit after tax was Rs 76.94 crore. Promoters hold 74.06% stake in the company.

Geojit Downgrades Vinati Organics to Accumulate - 14 Mar, 2024

Vinati Organics Ltd. has been downgraded to accumulate by Geojit due to a dip in revenue and net profit in 9MFY24, but remains positive on the company's long-term prospects given its strong market share in ATBs, ramp-up in new products, healthy balance sheet, and return ratios. The target price is revised to Rs. 1,844.

Vinati Organics Ltd's High P/E Ratio May Not Be Sustainable - 12 Mar, 2024

Vinati Organics Limited has a high P/E ratio of 45.7x, which may not be sustainable due to the company's weaker earnings outlook and slower than market growth. The company's profits fell by 18% in the last year, but it was still able to grow EPS by an impressive 32% over the last three years. The next year is estimated to generate growth of 8.3% as forecasted by the eleven analysts watching the company.

Vinati Organics Subscribes to Rights Issue of Wholly Owned Subsidiary - 11 Mar, 2024

Vinati Organics has subscribed to the additional fully paid-up equity shares of Veeral Organics, its wholly owned subsidiary, for Rs 49.89 crore by way of subscription towards the rights issue. The shares rank pari-passu to existing equity shares of the Company.

Prabhudas Lilladher Upgrades Vinati Organics to Hold - 05 Mar, 2024

Vinati Organics has been upgraded by Prabhudas Lilladher to HOLD from REDUCE rating with a target price of Rs1,626. The company is set to commence several projects throughout the year, including MEHQ and Guaiacol production this month. ATBS expansion is scheduled for completion in Dec24.