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Vinyl Chemicals (I) Ltd

Vinyl Chemicals (I) Ltd (VINYLINDIA)

₹368.5▲0.75%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Vinyl Chemicals (I) Ltd share Performance

₹367
₹372.5
₹368.5
0.41%
Low
Day's Volatility:1.49%
High
1.09%
₹311.4
₹545.95
₹368.5
15.50%
Low
52 Weeks Volatility:63.65%
High
48.15%

Returns %
1 Month Return	-3.34 %
3 Month Return	-7.48 %
1 Year Return	-16.62 %

Market Stats
Previous Close	₹₹365.75
Open	₹₹367.15
Volume	₹8,025.00
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹670.68Cr

Company Information

Established in 1986, Vinyl Chemicals I is a public limited company that specializes in the manufacture of Vinyl Acetate Monomers (VAM). The firm is a part of the Parekh group, renowned for producing the widely used Fevicol brand of adhesives, synthetics resins, binders, surfactants, and pigments, and is also connected to the government-owned enterprise SICOM. The technology to design, produce, and function VAM was provided by Uhde GmbH Germany, a subsidiary of Hoechst. VAM is used to make a variety of polyvinyl products, such as acetate, alcohol, ethylene vinyl copolymer, and acrylic copolymer. Around 45% of Vinyl Chemicals I's product is sold to Pidilite Industries, the group concern, and other associated corporations. In May 1999, the production capacity was increased to 16,400 tons. In 200102, the company undertook debottlenecking and expanded the capacity to 24,500 tons with the help of Krupp Uhde GmbH Germany. An oxygen/nitrogen set-up was also installed and commissioned in February 2002.

Share Price: ₹368.50 per share as on 18 May, 2024 04:01 PM
Market Capitalisation: ₹670.68Cr as of today
Listing date: 08 Feb, 1995
Chairperson Name: M B Parekh

Organisation	Vinyl Chemicals (I) Ltd
Headquarters	Mumbai
Industry	Trading
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Key events for Vinyl Chemicals (I) Ltd

Vinyl Chemicals (I) Ltd's Soft Earnings Explained by Conservative Accounting - 11 May, 2024
Vinyl Chemicals (India) had an accrual ratio of -0.23, indicating good cash conversion and significantly understated free cash flow in the last year. It reported free cash flow of ₹362m, well over the ₹218.4m profit it reported. The negative free cash flow from last year makes this year's improvement welcome.
Vinyl Chemicals (I) Ltd Reports Increase in Net Sales and EPS - 06 May, 2024
Vinyl Chemicals (I) Ltd reports a 57.36% YoY increase in net sales for March 2024, with quarterly net profit up by 3.15%. EBITDA decreased slightly, while EPS increased to Rs. 4.11 from Rs. 3.99. The stock has given negative returns of -7.22% over the last 6 months and -25.28% over the last 12 months.

Fundamentals of Vinyl Chemicals (I) Ltd

Insights on Vinyl Chemicals (I) Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 0.00% to 0.09% in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 1 year, Linde India Ltd has given 143.6% return, outperforming this stock by 160.3%
NO EFFECT
Against Peers
In the last 3 years, Solar Industries India Ltd has given 615.5% return, outperforming this stock by 468.8%
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 50.41% of holdings in Mar 2024 quarter
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 49.56% to 49.47% in Mar 2024 quarter
NEGATIVE IMPACT
Price Dip
In the last 1 year, VINYLINDIA stock has moved down by -16.6%