Company Update : Vinati Organics Ltd By Motilal Oswal Financial Services Ltd
Earnings in line; margins expand YoY
* VO’s revenue stood at INR6.5b (est. of INR6.2b, +18% YoY).
* EBITDA came in at INR1.8b (est. of INR1.8b, +22% YoY). Gross margin was 47.4% (+80bp YoY), with EBITDAM at 28.3% (+100bp YoY).
* PAT came in at INR1.3b (est. of INR1.2b, +22% YoY)
* In FY25, revenue was INR22.5b (+18% YoY), EBITDA came in at INR5.6b (+25% YoY), and PAT was INR4.2b (+28% YoY). EBITDAM was 26% (+130bp YoY).
* The BoD declared a final dividend of INR7.5/share for FY25.
* Veeral Organics Pvt. Ltd., a wholly owned subsidiary of the company, has been classified as a “Material Subsidiary”.
For More Research Reports : Click Here
For More Motilal Oswal Securities Ltd Disclaimer
http://www.motilaloswal.com/MOSLdisclaimer/disclaimer.html
SEBI Registration number is INH000000412
