Buy Vinati Organics CMP-1054 Target-1470 (Dt:-24-08-2020)

Established in 1989, Vinati Organics Limited (VOL) is a specialty chemical company, focusing on manufacturing specialty chemicals and organic intermediaries. We combine innovation with chemistry to deliver value-added products to our customers. We follow the highest quality standards and our products meet diverse customer expectations.

At VOL, we have two plants, both situated in Maharashtra at Mahad (Raigad) and Lote Parashuram (Ratnagiri). Our plants are ISO 9001: 2008, ISO 14001: 2004 and ISO 18001:2007 certified for following quality control, environment, and health and safety standards. We are world leaders in two of our main products, Isobutyl Benzene (IBB) and 2-Acrylamido 2 Methylpropane Sulfonic Acid (ATBS). We are present in over 22 countries worldwide, and export products to customers across the US, Europe and Asia. 

CMP-1054

Market Cap:  10,830 Cr.

Promoter Holding-74.05%

FII Holding-05.13%

Book Value:  124.48

ROCE: 30.67 %

EPS-31

Face Value:  1.00

Stock P/E: 33.45

• ROE-28.65 %
• Dividend : 550 %
• Sales Growth (3Yrs): 17.10 %

Pros:

Company has reduced debt.

Company is virtually debt free.

Company has delivered good profit growth of 23.54% CAGR over last 5 years

Company has a good return on equity (ROE) track record: 3 Years ROE 26.89%

Cons:

Stock is trading at 8.46 times its book value