Vinyas Innovative Technologies Ltd.
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ABOUT
AI Sector View
AI GENERATEDCapital Goods
Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.
PROS
- Institutional investors have been accumulating - FII+DII up 4.2pp
- Company generates healthy free cash flow
- Attractively priced for its growth - PEG of 0.4
CONS
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.20x)
- Equity base is being diluted - shares outstanding up 236.3%
- Stock is trading at 6.7x its book value
- Debtor days have increased from 63 to 122
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SYRMA | 1588.65 | 83.22 | 30634.01 | 0.09 | 105.69 | 111.72 | 1588.62 | 68.29 | 17.70 | 10.17 |
| KAYNES | 3500.00 | 67.87 | 23462.13 | 0.00 | 56.43 | -24.37 | 946.02 | 40.47 | 13.38 | 15.60 |
| AVALON | 2265.95 | 113.44 | 15155.19 | 0.00 | 34.87 | 145.31 | 484.41 | 49.83 | 20.34 | 11.96 |
| UTLSOLAR | 446.70 | 46.58 | 13709.30 | 0.00 | 577.94 | — | 13456.93 | — | 36.46 | 18.94 |
| CYIENTDLM | 904.15 | 87.42 | 7177.45 | 0.00 | 16.29 | 118.21 | 373.80 | 34.25 | 10.41 | 9.93 |
| VIKRAMSOLR | 166.80 | 16.94 | 6044.07 | 0.00 | 19.78 | -85.17 | 1563.09 | 37.89 | 34.07 | 8.06 |
| SAATVIKGL | 396.30 | 20.30 | 5037.17 | 0.00 | 5.36 | -95.49 | 511.01 | -44.20 | 55.18 | 6.62 |
| WEBELSOLAR | 75.79 | 10.86 | 3290.52 | 0.33 | 77.79 | — | 372.60 | 115.39 | 63.74 | 33.70 |
| KERNEX | 1734.35 | 15.28 | 2914.34 | 0.00 | 109.85 | 1382.00 | 503.58 | 800.38 | 23.69 | 32.33 |
| MODINSULAT | 449.50 | 22.51 | 2119.12 | 0.00 | 29.60 | 94.43 | 188.30 | 33.19 | 10.53 | 16.89 |
| VINYAS | 1548.00 | 67.67 | 2088.98 | 0.00 | — | — | — | — | 16.32 | — |
| INA | 93.04 | 10.24 | 2051.08 | 0.00 | 380.25 | 796.94 | 7406.98 | 1766.82 | 34.98 | 9.74 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
No quarterly results found
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Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 205 | 208 | 235 | 317 | 397 | |
| 194 | 195 | 214 | 284 | 356 | |
| Operating Profit | 11 | 12 | 21 | 33 | 41 |
| OPM % | 5.18% | 5.90% | 8.85% | 10.54% | 10.30% |
| 3 | 4 | 4 | 4 | 4 | |
| Interest | 9 | 12 | 13 | 14 | 13 |
| Depreciation | 3 | 3 | 2 | 2 | 6 |
| Profit before Tax | 2 | 3 | 10 | 21 | 25 |
| Tax % | 28.45% | 59.91% | 27.22% | 26.48% | 23.32% |
| Net Profit | 1 | 1 | 7 | 15 | 19 |
| EPS | 3.29 | 2.70 | 19.62 | 12.19 | 15.43 |
| Dividend Payout % | 0.00% | 0.00% | 0.25% | 0.00% | 0.00% |
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 24%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 168%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 24%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 12%
- 3 Years:
- 18%
- Last Year:
- 14%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 13 | 13 |
| 27 | 28 | 35 | 116 | 134 | |
| 93 | 93 | 86 | 90 | 97 | |
| Trade Payables | 38 | 60 | 36 | 50 | 31 |
| 22 | 37 | 55 | 39 | 55 | |
| Total Liabilities | 184 | 221 | 215 | 308 | 330 |
| 17 | 15 | 13 | 42 | 40 | |
| Capital Work in Progress | 0 | 0 | 3 | 0 | 0 |
| 98 | 113 | 107 | 112 | 76 | |
| 0 | 0 | 0 | 88 | 177 | |
| Cash & Bank | 5 | 7 | 4 | 13 | 12 |
| 64 | 87 | 87 | 53 | 24 | |
| Total Assets | 184 | 221 | 215 | 308 | 330 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -24 | 14 | 15 | -29 | 9 | |
| Cash from Investing | -2 | -1 | -3 | -28 | -2 |
| Cash from Financing | 26 | -9 | -10 | 65 | -7 |
| -1 | 2 | -2 | 8 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
No announcements filed.
News
Recent coverage and analyst commentary for VINYAS
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