MarketFriction

Vishnu Chemicals Ltd

NSE VISHNU · BSE 516072 · Specialty Chemicals
₹658.25 -0.94%
NSE close2026-10-01
52 week range443.70 - 744.00
Market cap₹4,530 Cr.
P/E30.3
Price band 20% Delivery 44.4%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales308304300339344371393347401411450433
Expenses262263237283299308329291343350374368
Operating Profit464164564564645658627765
OPM %15%13%21%16%13%17%16%16%15%15%17%15%
Other Income3433436596213
Interest99991010881214512
Depreciation999991281010111011
Profit before tax312749403044534246446455
Tax %22%23%43%24%25%23%27%23%28%23%32%28%
Net Profit242128302334393233344340
EPS in Rs3.663.174.234.653.495.255.784.794.885.026.455.89
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4805076437696746791,0691,3911,2131,4471,6101,696
Expenses3964415626675916009111,1601,0101,2171,3561,434
Operating Profit8466811028279158231202229253262
OPM %18%13%13%13%12%12%15%17%17%16%16%15%
Other Income27837361512152331
Interest374449473927283537383942
Depreciation131619212020232634384142
Profit before tax361422373034112185144168195209
Tax %41%52%35%35%27%-1%28%26%30%25%27%
Net Profit2171424223481137101127142150
EPS in Rs3.561.102.424.083.725.7813.6322.8615.4318.8121.1322.24
Dividend Payout %6%0%8%5%5%3%3%2%2%2%1%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth13%19%5%17%
Compounded Profit Growth21%33%2%17%
Stock Price CAGR27%36%26%48%
Return on Equity19%20%16%14%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital121212121212121212131313
Reserves7910685991301481842654026889131,056
Borrowings225263322381348328336365379315342527
Other Liabilities177239275289266247242274258310366493
Total Liabilities4926206947827577367739161,0521,3261,6352,089
Fixed Assets186202290349350338387463465635702836
CWIP446662171936245981669159
Investments001211132201
Other Assets2623523424153873603614444886758641,094
Total Assets4926206947827577367739161,0521,3261,6352,089
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity133973891004967901346890127
Cash from Investing Activity-9-43-98-33-23-22-52-81-118-154-100-267
Cash from Financing Activity1425-56-78-24-19-9-168810146
Net Cash Flow5-100-14-400205
Free Cash Flow3-5-2656752313819-532-130
CFO/OP22%55%111%121%109%74%94%64%79%48%57%65%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days788869826449626547697470
Inventory Days230314269212201252243143142263242271
Days Payable117225201207147167174146120187172193
Cash Conversion Cycle191176137871171341316369145145149
Working Capital Days373-70-24-3261021546766
ROCE %21%14%16%17%14%12%24%30%20%18%16%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters68.36%68.36%68.36%68.36%68.36%68.36%69.21%69.21%69.21%69.21%69.21%69.21%
FIIs1.45%0.33%0.22%0.48%0.90%0.70%0.83%2.74%2.23%2.20%2.30%2.51%
DIIs6.82%7.09%7.37%6.74%6.57%7.37%6.72%5.42%5.59%5.71%5.72%5.94%
Public23.36%24.20%24.06%24.41%24.17%23.57%23.26%22.63%22.97%22.89%22.78%22.35%
No. of Shareholders29,10830,08929,27726,59527,37029,29129,67329,22431,75431,00730,46831,065

Fundamentals

Market Cap₹ 4,530 Cr.
Current Price₹ 674
Stock P/E30.3
Book Value₹ 159
ROCE16.4 %
ROE14.3 %
Dividend Yield0.04 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)17%
Compounded Profit Growth (TTM)17%
Consolidated figures.
Valuation
Market capRs 4,431 Cr
Enterprise valueRs 4,858 Cr
P/E (TTM)29.60x
Price to book4.14x
Price to sales2.61x
EV / EBITDA16.58x
EV / EBIT19.38x
EV / sales2.86x
Price to cash flow34.85x
Earnings yield3.38%
Dividend yield0.05%
P/E, 3-year average22.69x
P/B, 3-year average3.12x
P/E, 5-year average16.92x
P/B, 5-year average2.93x
Profitability
Operating margin (excl. other income)15.74%
Operating margin (incl. other income)17.14%
EBITDA margin17.27%
Pre-tax margin12.30%
Net profit margin8.82%
Net margin, latest quarter9.15%
ROE14.26%
ROCE16.38%
ROA7.64%
ROE, 3-year average15.98%
ROCE, 3-year average18.16%
ROA, 3-year average8.23%
ROE, 5-year average24.37%
ROCE, 5-year average21.81%
ROA, 5-year average9.64%
ROIC (approx.)12.20%
Tax rate27.17%
Other income / net worth2.12%
Growth
Sales growth (latest year)11.28%
Profit growth (latest year)12.34%
Sales CAGR, 3 years4.99%
Sales CAGR, 5 years18.85%
Profit CAGR, 3 years1.37%
Profit CAGR, 5 years32.77%
Sales growth QoQ-3.75%
Profit growth QoQ-8.66%
Sales growth YoY (latest quarter)24.93%
Profit growth YoY (latest quarter)23.03%
Per share
EPS (TTM)Rs 22.24
EPS (latest year)Rs 21.13
EPS (latest quarter)Rs 5.89
EPS, 3-year averageRs 18.46
EPS, 5-year averageRs 29.27
Book value per shareRs 158.83
Sales per shareRs 251.98
Cash flow per shareRs 18.89
Free cash flow per shareRs -19.31
Dividend per share (latest year)Rs 0.30
Dividend per share, 3-year averageRs 0.30
Dividend per share, 5-year averageRs 0.66
Dividends
Dividend payout1.42%
Dividend payout, 3-year average1.65%
Dividend payout, 5-year average1.93%
Efficiency
Asset turnover0.77x
Fixed asset turnover1.93x
Inventory turnover2.12x
Inventory days172 days
Debtor days70 days
Debtors turnover5.19x
Creditor days193 days
Cash conversion cycle149 days
Working capital days66 days
Leverage
Total debtRs 527 Cr
Cash and bankRs 100 Cr
Net debtRs 427 Cr
Debt to equity0.49x
Net debt / EBITDA1.46x
Interest coverage5.96x
Current ratio (filing 2026-03-31)1.60x
Quick ratio (filing 2026-03-31)0.81x
Trade payables (filing 2026-03-31)Rs 365 Cr
Owners' fund to total sources51.18%
Debt to assets25.24%
Cash flow
Cash from Operating Activity (latest year)Rs 127 Cr
Cash from Investing Activity (latest year)Rs -267 Cr
Cash from Financing Activity (latest year)Rs 146 Cr
Net Cash Flow (latest year)Rs 5 Cr
Free cash flow (latest year)Rs -130 Cr
FCFE (approx.: FCF + change in debt)Rs 55 Cr
Cash from ops / profit, 5 years0.87x
Sales to cash flow12.66x
Statement figures
Net sales (TTM)Rs 1,696 Cr
Net sales (latest year)Rs 1,610 Cr
Sales (latest quarter)Rs 433 Cr
Operating profit excl. other income (latest year)Rs 253 Cr
Operating profit (latest quarter)Rs 65 Cr
Other income (TTM)Rs 31 Cr
EBITDA (TTM)Rs 293 Cr
PBDT (TTM)Rs 251 Cr
Profit before tax (TTM)Rs 209 Cr
Tax (latest year)Rs 53 Cr
Net profit (TTM)Rs 150 Cr
Net profit (latest year)Rs 142 Cr
Net profit (latest quarter)Rs 40 Cr
Depreciation (TTM)Rs 42 Cr
Depreciation (latest quarter)Rs 11 Cr
Interest (TTM)Rs 42 Cr
Cost of goods sold (latest year)Rs 1,091 Cr
Total expenditure (latest year)Rs 1,356 Cr
Total income (latest year)Rs 1,632 Cr
Share capitalRs 13 Cr
ReservesRs 1,056 Cr
Shareholders' fundsRs 1,069 Cr
Total assetsRs 2,089 Cr
Net blockRs 836 Cr
Capital work in progressRs 159 Cr
InvestmentsRs 1 Cr
ReceivablesRs 310 Cr
InventoryRs 514 Cr
Other liabilitiesRs 493 Cr
Shares outstanding (crore)6.73
Ownership
Promoter holding69.21% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 29.6 is at the 74th percentile of its own 9.4-year range (median 24.6, low 3.7, high 83.5).
P/B 4.14 is at the 55th percentile (median 3.93).
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.
PeriodVISHNUNifty 50Difference
1 week-6.4%-2.8% -3.6 pts
1 month-0.5%-6.8% +6.3 pts
3 months+5.8%-7.6% +13.4 pts
6 months+34.7%+0.4% +34.3 pts
1 year+36.4%-9.9% +46.4 pts
2 years+65.1%-13.6% +78.6 pts
3 years+97.4%+14.2% +83.2 pts
5 years+329.3%+27.9% +301.4 pts
6 mutual fund schemes hold about ₹202 Cr. Over three months 0 bought more and 4 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Franklin India Small Cap Fund0.73%108 -0%
Bandhan Small Cap Fund0.18%62 -14%
ITI Flexi Cap Fund0.95%15 -18%
ITI Multi Cap Fund0.97%15 -27%
Bandhan Retirement Fund1.08%2 +3%
Motilal Oswal BSE 1000 Index Fund0.01%0 -5%

Red flags

F-score 3 of 8
No red flags in the latest statements and filings.
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

Jun 2026
Sales ₹433 Cr +24.8% vs Jun 2025. Net profit ₹40 Cr +25.0%.
Against our estimate for Jun 2026: sales +10.8%, profit +17.0% beat. Our estimate for Sep 2026: sales Rs 480 Cr, profit Rs 42 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-21Dividend - Re 0.30 Per Share
2025-08-08Dividend - Re 0.30 Per Share
2024-09-20Annual General Meeting/Dividend - Rs 0.30 Per Share
2023-08-04Annual General Meeting/Dividend - Rs 0.40 Per Share
2023-01-13Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share0.2000
2022-07-07Annual General Meeting/Dividend - Rs 2 Per Share
2021-07-01 Annual General Meeting/Dividend - Rs 1 Per Share
2020-08-06 Annual General Meeting/Dividend - Re 1 Per Share
2019-06-13 Dividend Re 1 Per Sh
2018-09-14 Annual General Meeting/Dividend Re 1 Per Share
2017-09-21 Annual General Meeting
2016-09-20 Annual General Meeting (Book Closure Dates Revised)
2016-03-22 Interim Dividend - Re 1/- Per Share (Purpose Revised)
2015-06-18Dividend - Re 1/- Per Share
DateTypeWhat it says
2026-10-02Concall / analyst meetSchedule of meet
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.
Order dateForumCase
2017-07-13CESTATVISHNU CHEMICALS LIMITED ---VS.--- RAIPUR
2017-06-06CESTATVISHNU CHEMICALS LIMITED ---VS.--- RAIPUR
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Vishnu Chemicals Ltd?

Vishnu Chemicals Ltd (VISHNU) has a market capitalisation of Rs 4,530 Cr. at the 2026-10-01 close.

What is the P/E ratio of Vishnu Chemicals Ltd?

Vishnu Chemicals Ltd trades at a P/E of 30.3 on trailing twelve-month profit, at the 2026-10-01 close.

What were Vishnu Chemicals Ltd's latest quarterly results?

In the Jun 2026 quarter, Vishnu Chemicals Ltd sales was Rs 433 Cr (+24.8% vs Jun 2025) and net profit was Rs 40 Cr.

What is the 52-week high and low of Vishnu Chemicals Ltd?

The 52-week high is Rs 744.00 and the 52-week low is Rs 443.70.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03