1. India Stocks

  2. •

    Distribution services

  3. •

    Wholesale distributors
Vinyl Chemicals (India) Limited

Vinyl Chemicals (India) Limited

205.95
INR
+4.33
(+2.15%)
10.20EPS
24.57P/E
4.59BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
155.4
232.17
182.89
159.63
204.6
263.27
203.05
215.6
449.24
524.68
310.99
325.5
344.62
328.13
Basic EPS, GAAP
4.08
6.73
4.36
4.75
6.36
4.83
4.07
6.19
19.01
19.44
11.91
12.18
8.99
10.2
Free Cash Flow per Basic Share
1.22
0.26
18.61
-3.86
-1.48
-11.53
27.92
5.78
9.17
-11.17
19.73
12.9
-9.26
- -
Dividend per Share
- -
1.17
1.81
1.81
2.17
2.89
2.89
2.4
3.75
10
10
6.75
7
- -
Book Value per Share
13.96
20.6
23.13
26.06
30.26
32.19
33.35
37.13
52.37
61.8
63.68
69.08
71.04
- -
Tangible Book Value per Share
13.96
20.6
23.13
26.06
30.26
32.19
33.35
37.13
52.37
61.68
63.59
69.01
70.99
- -
Basic Weighted Avg Shares
18
18
18
18
18
18
18
18
18
18
18
18
18
18
Sales/Revenue/Turnover
2,850
4,257
3,354
2,927
3,752
4,828
3,723
3,953
8,238
9,621
5,703
5,969
6,319
6,009
Operating Margin (%)
5.81
5.27
4.29
3.77
4.93
4.92
4.09
4.49
6.12
5.99
4.82
4.77
3.61
3.78
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
1
1
Net Income, GAAP
75
123
80
87
117
89
75
114
349
356
218
223
165
187
Effective Tax Rate (%)
33.94
34.08
35.01
35.09
35.61
36.73
25.33
25.53
25.32
24.99
26.37
26.54
25.64
25.47
Profit Margin (%)
2.63
2.9
2.38
2.98
3.11
1.84
2
2.87
4.23
3.71
3.83
3.74
2.61
3.11
Working Capital
250
371
421
473
553
588
609
684
956
1,127
1,160
1,257
1,286
- -
LT Debt
5
5
5
- -
5
5
5
5
5
5
5
5
5
- -
Total Equity
256
378
424
478
555
590
611
681
960
1,133
1,168
1,267
1,303
- -
Return on Invested Capital (%)
30.02
35.88
16.89
18.68
22.63
25.3
18.4
20.31
44.48
40.34
17.47
17.01
13
- -
Return on Capital (%)
31.97
38.36
19.68
19.12
22.4
15.34
12.31
17.44
42.19
34.64
18.92
18.27
12.79
- -
Return on Common Equity (%)
32.64
38.94
19.92
19.33
22.59
15.47
12.41
17.57
42.49
34.06
18.99
18.35
12.84
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
5
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
4,450
3,025
4,593

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,297
- -
Cash, Cash Equivalents & STI
- -
604
- -
Accounts Receivable, Net
- -
1,234
- -
Inventories
- -
326
- -
Total Current Liabilities
- -
1,011
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.35%
14.68%
2.84%
Free Cash Flow
-56.94%
-129.2%
-171.74%
Net Income, GAAP
20.2%
29.35%
-26.15%
Sales/Revenue/Turnover
12.24%
18.99%
5.87%
Total Cash Common Dividend
- -
- -
3.7%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,556
1,503
1,464
1,729
5,969
2026
1,512
1,519
1,695
1,798
6,319
2027
996
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.68
2.8
2.74
3.96
12.18
2026
2.42
1.58
2.47
2.53
8.99
2027
3.61
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
6.75
2026
- -
- -
- -
- -
7
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Madhukar Balvantray Parekh
Full Time Employees
13
Sector
Distribution services
Industry
Wholesale distributors
Address
Ramkrishna Mandir Road Mumbai MA India 400059
IPO Date
Feb 8, 1995
Website
vinylchemicals.com
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Business
Vinyl Chemicals (India) Limited engages in the trading of speciality chemicals, primarily Vinyl Acetate Monomer (VAM), which it sources from global suppliers for distribution in India; the company also sells other chemicals to sectors including textiles, paints, and adhesives. Incorporated in 1986 and headquartered at Regent Chambers, 7th Floor, 208 Nariman Point, Mumbai, Maharashtra, it operates as part of the Parekh Group with Pidilite Industries Limited holding a significant 40.64% stake as promoter. Following the demerger of its VAM manufacturing plant at Mahad, Maharashtra, to Pidilite in December 2007, Vinyl Chemicals focuses exclusively on trading activities across India. Recent financial performance shows net sales reaching Rs 172.88 crore and profit before tax at Rs 9.92 crore for the quarter ended March 2025, marking quarterly highs with an operating profit margin of 5.76%; the company declared a 675% dividend (Rs 6.75 per share) with ex-date July 24, 2024. Promoter holding remains stable at 50.41% as of September 2025, supporting ongoing operations without debt or major acquisitions reported in the last 1-2 years.