Price
Financials
Standalone, Rs crore| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 114 | 121 | 137 | 180 | 150 | 247 | 212 | 302 |
| Expenses | 104 | 110 | 124 | 161 | 133 | 223 | 191 | 263 |
| Operating Profit | 10 | 11 | 14 | 19 | 17 | 24 | 21 | 40 |
| OPM % | 9% | 9% | 10% | 11% | 11% | 10% | 10% | 13% |
| Other Income | 2 | 3 | 3 | 1 | 1 | 3 | 2 | 1 |
| Interest | 6 | 7 | 7 | 6 | 6 | 7 | 8 | 8 |
| Depreciation | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 4 |
| Profit before tax | 4 | 6 | 8 | 13 | 8 | 17 | 13 | 30 |
| Tax % | 28% | 26% | 27% | 26% | 17% | 27% | 26% | 27% |
| Net Profit | 3 | 4 | 6 | 10 | 7 | 12 | 9 | 22 |
| EPS in Rs | 6.08 | 7.71 | 5.58 | 9.86 | 7.42 | 17.11 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 150 | 205 | 208 | 235 | 317 | 397 | 514 |
| Expenses | 138 | 194 | 196 | 214 | 284 | 356 | 453 |
| Operating Profit | 11 | 11 | 12 | 21 | 33 | 41 | 61 |
| OPM % | 8% | 5% | 6% | 9% | 11% | 10% | 12% |
| Other Income | 1 | 3 | 4 | 4 | 4 | 4 | 4 |
| Interest | 8 | 9 | 12 | 13 | 14 | 13 | 16 |
| Depreciation | 3 | 3 | 3 | 2 | 2 | 6 | 7 |
| Profit before tax | 1 | 2 | 3 | 10 | 21 | 25 | 42 |
| Tax % | -13% | 28% | 60% | 27% | 26% | 23% | 27% |
| Net Profit | 1 | 1 | 1 | 7 | 15 | 19 | 31 |
| EPS in Rs | 12.20 | 15.43 | 24.53 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 20% | 30% | 30% | ||
| Compounded Profit Growth | % | 90% | 61% | 57% | ||
| Stock Price CAGR | % | % | % | 20% | ||
| Return on Equity | % | 15% | 16% | 16% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 13 | 13 | 13 |
| Reserves | 26 | 27 | 28 | 42 | 116 | 134 | 223 |
| Borrowings | 59 | 94 | 96 | 86 | 97 | 104 | 131 |
| Other Liabilities | 93 | 60 | 94 | 84 | 83 | 79 | 102 |
| Total Liabilities | 182 | 185 | 221 | 216 | 308 | 330 | 468 |
| Fixed Assets | 17 | 17 | 15 | 13 | 42 | 40 | 65 |
| CWIP | 0 | 0 | 0 | 3 | 0 | 0 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 165 | 168 | 206 | 200 | 266 | 290 | 399 |
| Total Assets | 182 | 185 | 221 | 216 | 308 | 330 | 468 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 15 | -25 | 12 | 12 | -29 | 8 | -32 |
| Cash from Investing Activity | 1 | -2 | -1 | -3 | -28 | 5 | -45 |
| Cash from Financing Activity | -10 | 26 | -9 | -10 | 65 | -7 | 73 |
| Net Cash Flow | 6 | -1 | 2 | -2 | 8 | 5 | -4 |
| Free Cash Flow | 15 | -27 | 11 | 8 | -57 | 6 | -67 |
| CFO/OP | 135% | -224% | 111% | 70% | -71% | 34% | -34% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 65 | 52 | 100 | 33 | 101 | 163 | 161 |
| Inventory Days | 366 | 238 | 247 | 211 | 166 | 88 | 117 |
| Days Payable | 207 | 93 | 130 | 71 | 74 | 36 | 45 |
| Cash Conversion Cycle | 225 | 197 | 217 | 173 | 193 | 216 | 234 |
| Working Capital Days | 20 | -2 | 16 | 33 | 84 | 95 | 113 |
| ROCE % | 10% | 11% | 18% | 19% | 16% | 19% |
| Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Promoters | 29.38% | 29.38% | 29.38% | 29.39% | 29.39% | 29.40% |
| FIIs | 0.03% | 0.03% | 0.03% | 0.48% | 0.47% | 0.49% |
| DIIs | 3.24% | 2.77% | 2.75% | 3.51% | 4.53% | 6.53% |
| Public | 67.35% | 67.82% | 67.84% | 66.62% | 65.61% | 63.59% |
| No. of Shareholders | 854 | 1,066 | 1,478 | 1,332 | 1,551 | 1,673 |
Fundamentals
Market Cap₹ 1,876 Cr.
Current Price₹ 1,491
Stock P/E61.5
Book Value₹ 187
ROCE18.6 %
ROE16.0 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)30%
Compounded Profit Growth (TTM)57%
Standalone figures.
Valuation
Market capRs 1,731 Cr
Enterprise valueRs 1,812 Cr
P/E (TTM)235.78x
Price to book38.01x
Price to sales7.38x
EV / EBITDA72.22x
EV / EBIT79.20x
EV / sales7.73x
Price to cash flow149.32x
Earnings yield0.42%
Profitability
Operating margin (excl. other income)8.85%
Operating margin (incl. other income)10.70%
EBITDA margin10.70%
Pre-tax margin4.30%
Net profit margin3.13%
ROE19.07%
ROCE17.68%
ROA3.36%
ROE, 3-year average8.79%
ROCE, 3-year average12.86%
ROA, 3-year average1.51%
ROIC (approx.)13.10%
Tax rate27.25%
Other income / net worth9.51%
Growth
Sales growth (latest year)12.89%
Profit growth (latest year)626.73%
Sales CAGR, 3 years16.15%
Profit CAGR, 3 years77.16%
Per share
EPS (TTM)Rs 5.83
EPS (latest year)Rs 19.61
EPS, 3-year averageRs 8.53
Book value per shareRs 36.18
Sales per shareRs 186.35
Cash flow per shareRs 9.21
Free cash flow per shareRs -53.24
Efficiency
Asset turnover1.09x
Fixed asset turnover17.77x
Inventory turnover1.81x
Inventory days202 days
Debtor days33 days
Debtors turnover11.19x
Creditor days45 days
Cash conversion cycle234 days
Working capital days113 days
Leverage
Total debtRs 86 Cr
Cash and bankRs 4 Cr
Net debtRs 82 Cr
Debt to equity1.89x
Net debt / EBITDA3.25x
Interest coverage1.79x
Owners' fund to total sources21.08%
Debt to assets39.80%
Cash flow
Cash from Operating Activity (latest year)Rs 12 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs -10 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs -67 Cr
FCFE (approx.: FCF + change in debt)Rs -77 Cr
Cash from ops / profit, 5 years-0.40x
Sales to cash flow20.23x
Statement figures
Net sales (TTM)Rs 235 Cr
Net sales (latest year)Rs 235 Cr
Operating profit excl. other income (latest year)Rs 21 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 25 Cr
PBDT (TTM)Rs 12 Cr
Profit before tax (TTM)Rs 10 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 7 Cr
Net profit (latest year)Rs 7 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 13 Cr
Cost of goods sold (latest year)Rs 193 Cr
Total expenditure (latest year)Rs 214 Cr
Total income (latest year)Rs 239 Cr
Share capitalRs 4 Cr
ReservesRs 42 Cr
Shareholders' fundsRs 46 Cr
Total assetsRs 216 Cr
Net blockRs 13 Cr
Capital work in progressRs 3 Cr
InvestmentsRs 0 Cr
ReceivablesRs 21 Cr
InventoryRs 107 Cr
Other liabilitiesRs 84 Cr
Shares outstanding (crore)1.26
Ownership
Promoter holding29.40% (+0.02 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 38.01 is at the 51th percentile (median 37.11).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | VINYAS | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -10.9% | -2.8% | -8.1 pts |
| 1 month | -9.9% | -6.8% | -3.1 pts |
| 3 months | -9.7% | -7.6% | -2.0 pts |
| 6 months | +69.1% | +0.4% | +68.7 pts |
| 1 year | +9.2% | -9.9% | +19.1 pts |
| 2 years | +74.3% | -13.6% | +87.8 pts |
Red flags
F-score 8 of 8| explain | Weak cash conversion Cash from operations was -13% of net profit over the last 3 years |
| look | Profit leans on other income Other income was 43% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹302 Cr +67.8% vs Mar 2024.
Net profit ₹22 Cr +120.0%.
Against our estimate for Mar 2026: sales -12.2%, profit +34.3% big beat.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Indo-MIM Ltd | 61,719 | 95.6 | 25.0 % |
| Aditya Infotech Ltd | 46,814 | 98.1 | 28.6 % |
| Syrma SGS Technology Ltd | 32,638 | 87.9 | 16.8 % |
| Honeywell Automation India Ltd | 30,038 | 53.7 | 17.0 % |
| Jyoti CNC Automation Ltd | 24,091 | 74.9 | 21.3 % |
| Kaynes Technology India Ltd | 23,605 | 68.0 | 12.7 % |
| LMW Ltd | 18,115 | 99.2 | 5.58 % |
| Lloyds Engineering Works Ltd | 15,850 | 70.9 | 16.1 % |
| Tega Industries Ltd | 15,481 | 8.14 % | |
| Kennametal India Ltd | 8,878 | 45.3 | 33.2 % |
| Dynamatic Technologies Ltd | 8,873 | 151 | 10.2 % |
| Standard Engineering Technology Ltd | 8,557 | 100 | 14.7 % |
| Raymond Ltd | 7,894 | 46.9 | 3.14 % |
| Omnitech Engineering Ltd | 6,939 | 66.8 | 17.6 % |
| GMM Pfaudler Ltd | 6,641 | 52.7 | 13.6 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 100perc in previous 6 monthsLess than 100 unique PAN traded in previous 30 daysSME scrip is not regularly tradedScrip PE is greater than 50 (4 trailing quarters)
Quick answers
What is the market cap of Vinyas Innovative Technologies Ltd?
Vinyas Innovative Technologies Ltd (VINYAS) has a market capitalisation of Rs 1,876 Cr. at the 2026-10-01 close.
What is the P/E ratio of Vinyas Innovative Technologies Ltd?
Vinyas Innovative Technologies Ltd trades at a P/E of 61.5 on trailing twelve-month profit, at the 2026-10-01 close.
What were Vinyas Innovative Technologies Ltd's latest quarterly results?
In the Mar 2026 quarter, Vinyas Innovative Technologies Ltd sales was Rs 302 Cr (+67.8% vs Mar 2024) and net profit was Rs 22 Cr.
What is the 52-week high and low of Vinyas Innovative Technologies Ltd?
The 52-week high is Rs 1,730.00 and the 52-week low is Rs 809.00.