Vital Chemtech Limited
NSE: VITALSpecialty Chemicals
Share price
₹52.50
-0.70% close of 8 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
45
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹126 Cr
P/E ratio
126.0
P/B ratio
1.3
ROCE
3.2%
ROE
1.0%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Fewer than three years of filings — too early to judge growth.
Whether it grew faster than its sector
It grew 18.4% a year against a sector median of 10.2% — 8.2 percentage points faster.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
Its earnings are falling, so growth cannot justify the price.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Vital Chemtech Limited — this one | -50%/yr | 126× | — |
| Anupam Rasayan India Limited | -2%/yr | 71.5× | — |
| Vinati Organics Limited | 2%/yr | 25.0× | ₹12.5 |
| Elantas Beck India Limited | 18%/yr | 61.5× | ₹3.4 |
| Jubilant Ingrevia Limited | -2%/yr | 31.3× | — |
| Alkyl Amines Chemicals Limited | -8%/yr | 40.6× | — |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Specialty Chemicals), it ranks 67 of 73 on returns, 13 of 72 on growth, 54 of 73 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
No durable advantage shows in the numbers: it earns 3.2% on capital, ahead of 8% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the last five years it made ₹4 crore of cash from the business but spent ₹110 crore on plant and equipment, ₹106 crore more than it made; the gap was from lenders and shareholders. But only about 20 of every 100 rupees of profit it reported over 5 years arrived as cash — the rest is tied up. Its cash comes back faster than it used to: it went from being waiting 59 days for its cash to waiting 41 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
6 of 9 checks clear · 67%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 14 Aug 2026 · Consolidated · Unaudited
Revenue
₹51 Cr
Net profit
₹3 Cr
EPS
₹1.08
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹126 Cr
- Prev close
- ₹52.50
- 52w High
- ₹69.4
- 52w Low
- ₹35.4
- Enterprise value
- ₹187 Cr
- Beta
- 0.5
- Price CAGR 1y
- -15.0%
- Price CAGR 3y
- -18.0%
- Price CAGR 5y
- —
- Price CAGR 10y
- —
Ratios
- Return on assets
- 0.5%
- PEG ratio
- -1.0
- P/E ratio
- 126.0
- P/B ratio
- 1.3
- EV / EBITDA
- 18.7
- Industry P/E
- 32.7
- ROCE
- 3.2%
- ROCE 5y average
- 6.0%
- ROE
- 1.0%
- Debt / Equity
- 0.6
- Interest coverage
- 1.7
- Dividend yield
- 0.0%
- ROE 3y average
- 2.0%
- ROE last year
- 1.0%
Annual P&L
- Annual revenue
- ₹126 Cr
- Annual profit
- ₹1 Cr
- Operating margin
- 8.0%
- Net profit margin
- 0.8%
- EBITDA margin
- 7.9%
- Sales growth 3y
- 2.5%
- Sales growth 5y
- —
- Profit growth 3y
- -50.0%
- Profit growth 5y
- —
- EPS
- ₹0.4
- Sales growth TTM
- -6.0%
- Profit growth TTM
- -75.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹51 Cr
- Profit latest quarter
- ₹3 Cr
- YoY quarterly sales growth
- 51.4%
- YoY quarterly profit growth
- 164.3%
- OPM latest quarter
- 11.9%
Balance Sheet
- Book Value
- ₹41.3
- Face Value
- ₹10.0
- Total debt
- ₹62 Cr
- Total cash
- ₹1 Cr
- Borrowings
- ₹62 Cr
- Reserves / Equity
- 3.1
Cash Flow
- Operating cash flow
- ₹5 Cr
- Free cash flow
- -₹19 Cr
- FCF yield
- -17.5%
- Net cash flow
- ₹0 Cr
Shareholding
- Promoter holding
- 73.4%
- FII holding
- 1.6%
- DII holding
- 0.3%
- Public holding
- 24.7%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Pidilite Inds. | 1,474.90 | 56.7 | 1,50,224 | 0.77 | 883.5 | 28.2 | 4,551.6 | 21.3 | 31.0 |
| Gujarat Fluoroch | 4,453.00 | 79.2 | 48,916 | 0.07 | 219.0 | 21.4 | 1,588.0 | 24.0 | 9.6 |
| Navin Fluo.Intl. | 8,435.05 | 54.4 | 43,284 | 0.18 | 243.3 | 107.7 | 1,045.1 | 44.1 | 21.0 |
| Aether Industri. | 1,744.50 | 96.5 | 23,154 | 0.00 | 62.8 | 28.0 | 326.6 | 27.3 | 11.9 |
| Deepak Nitrite | 1,583.70 | 27.2 | 21,601 | 0.46 | 345.0 | 207.5 | 2,577.6 | 36.4 | 11.4 |
| Atul | 5,958.00 | 22.1 | 17,541 | 0.50 | 253.9 | 92.0 | 1,848.0 | 25.0 | 14.9 |
| Aarti Industries | 479.95 | 33.3 | 17,410 | 0.20 | 155.0 | 256.5 | 2,387.0 | 42.5 | 6.9 |
| Vital Chemtech | 52.60 | 48.1 | 126 | 0.00 | 2.6 | 164.3 | 51.2 | 51.5 | 3.2 |
| Median | 351.00 | 28.1 | 1,045 | 0.23 | 13.5 | 51.6 | 174.4 | 26.0 | 13.7 |
Competes with: Aarti Industries Limited, Aether Industries Limited, Atul Limited, BASF India Limited, Deepak Nitrite Limited, Gujarat Fluorochemicals Limited, Navin Fluorine International Limited, Pidilite Industries
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 52 | 58 | 61 | 56 | 50 | 49 | 66 | 35 | 34 | 65 | 27 | 35 | 51 |
| Expenses | 32 | 31 | 25 | 31 | 45 | ||||||||
| Material Cost | 28 | 41 | |||||||||||
| Change in Inventories | -2.76 | -3.06 | |||||||||||
| Purchases of Stock-in-Trade | 0 | 0 | |||||||||||
| Employee Cost | 2.17 | 2.97 | |||||||||||
| Other Expenses | 3.77 | 4.32 | |||||||||||
| Operating Profit | 2.85 | 2.53 | 1.35 | 3.98 | 6.09 | ||||||||
| OPM % | 16 | 20 | 15 | 9.98 | 3.80 | -3.48 | 7.40 | 8.13 | 7.49 | 7.28 | 5.05 | 11 | 12 |
| Other Income | 0.62 | 0.28 | 0.19 | 0.24 | 0.13 | ||||||||
| Exceptional items (within Other Income) | 0 | 0 | |||||||||||
| Interest | 0.50 | 0.47 | 1 | 1.22 | 1 | ||||||||
| Depreciation | 1.27 | 1.11 | 1.68 | 2.04 | 1.79 | ||||||||
| Profit before tax | 1.70 | 1.23 | -1.14 | 0.96 | 3.43 | ||||||||
| Tax % | 31 | 21 | 17 | 13 | 25 | ||||||||
| Net Profit | 1.17 | 0.98 | -1.33 | 0.84 | 2.59 | ||||||||
| EPS in Rs | 0.49 | 0.41 | -0.56 | 0.35 | 1.08 | ||||||||
| Diluted EPS in Rs | 0.73 | 0.57 | 0.36 | 1.08 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 58 | 117 | 98 | 134 | 126 |
| Expenses | 46 | 102 | 98 | 123 | 116 |
| Material Cost | 104 | ||||
| Change in Inventories | -6.76 | ||||
| Purchases of Stock-in-Trade | 0 | ||||
| Employee Cost | 7.10 | ||||
| Other Expenses | 12 | ||||
| Operating Profit | 12 | 15 | 0 | 11 | 10 |
| OPM % | 20 | 13 | 0.20 | 8 | 8 |
| Other Income | 0 | 0 | 3 | 3 | 1 |
| Exceptional items (within Other Income) | 0 | ||||
| Interest | 0 | 1 | 1 | 2 | 3 |
| Depreciation | 1 | 2 | 3 | 5 | 6 |
| Profit before tax | 11 | 11 | -0 | 6 | 2 |
| Tax % | 26 | 30 | 269 | 34 | 51 |
| Net Profit | 8 | 8 | -1 | 4 | 1 |
| EPS in Rs | 12 | 3.36 | -0.54 | 1.66 | 0.43 |
| Diluted EPS in Rs | 1.69 | 0.43 | |||
| Dividend Payout % | 0 | 15 | -92 | 0 | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- 3%
- TTM
- -6%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- -50%
- TTM
- -75%
Stock price CAGR
- 10 years
- —
- 5 years
- —
- 3 years
- -18%
- 1 year
- -15%
Return on equity
- 10 years
- —
- 5 years
- 6%
- 3 years
- 2%
- Last year
- 1%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity Capital | 7 | 24 | 24 | 24 | 24 |
| Reserves | 8 | 66 | 60 | 76 | 75 |
| Borrowings | 36 | 29 | 26 | 66 | 62 |
| Other Liabilities | 30 | 19 | 27 | 41 | 58 |
| Minority Interest | 0.61 | ||||
| Total Liabilities | 81 | 138 | 137 | 207 | 219 |
| Fixed Assets | 17 | 25 | 43 | 68 | 58 |
| CWIP | 0 | 0 | 0 | 15 | 43 |
| Investments | 3 | 15 | 35 | 13 | 13 |
| Other Assets | 61 | 98 | 60 | 111 | 105 |
| Total Assets | 81 | 138 | 137 | 207 | 219 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash from Operating Activity | -13 | -8 | 14 | 6 | 5 |
| Cash from Investing Activity | 1 | -26 | -35 | -39 | -5 |
| Cash from Financing Activity | 18 | 58 | -9 | 33 | 1 |
| Net Cash Flow | 6 | 24 | -30 | 0 | 0 |
| Free Cash Flow | -22 | -18 | -7 | -40 | -19 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debtor Days | 264 | 120 | 146 | 106 | 115 |
| Inventory Days | 87 | 57 | 61 | 47 | 120 |
| Days Payable | 265 | 65 | 111 | 115 | 185 |
| Cash Conversion Cycle | 87 | 112 | 96 | 39 | 49 |
| Working Capital Days | 59 | 116 | 78 | 55 | 41 |
| ROCE % | 15 | 0 | 6 | 3 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
61.11inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
News
News and filings about Vital Chemtech Limited. Open one to see why it matters.
14 Aug, 18:05 IST · Company event · medium impact
Vital Chemtech Limited — Resignation of Mr Vipul Bhatt as Chief Financial Officer of the company w.e.f. August 14, 2026.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- Liquid chlorine
- Liquid oxygen
- Molten sulphur
- Packing materials
- Yellow phosphorus
Sells to
- Alchem International · Phosphorus derivatives for life sciences
- Bhagiradha Chemicals & Industries Limited · Phosphorus chemicals for agrochemical / crop care manufacture
- Colourtex Industries · Phosphorus chemicals for textile auxiliaries
- DCM Shriram Limited · Phosphorus chemicals for specialty chemicals
- Divi's Laboratories · Phosphorus derivatives (POCl3, PCl3, PPA) for pharmaceutical APIs and intermediates
- Dorf Ketal Chemicals · Phosphorus chemicals for specialty chemicals
- Gharda Chemicals Limited · Phosphorus chemicals for dyes, pigments and plastic additives
- IPCA Laboratories Limited · Phosphorus derivatives for pharmaceutical APIs and intermediates
- Oneiro Industries · Phosphorus derivatives for life sciences
- Pidilite Industries · Phosphorus chemicals for dyes, pigments and plastic additives
- Rossari Biotech Limited · Phosphorus chemicals (P2O5, PPA) for textile auxiliaries
- Sajjan India Limited · Phosphorus chemicals for agrochemical / crop care manufacture
- Tagoor Laboratories Private Limited · Phosphorus derivatives for pharmaceutical intermediates
- UPL Limited · Phosphorus chemicals (PCl3, POCl3) for agrochemical / crop care manufacture
- Vasudha Pharma Chem Limited · Phosphorus derivatives for pharmaceutical APIs
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Chemicals
- Industry
- Specialty Chemicals
- Classification
- Chemicals › Specialty Chemicals
- ISIN
- INE0L4K01016
Plants
- Dahej manufacturing facility · Dahej / Vagra, Bharuch, Gujarat
News impact
Big market events that reach Vital Chemtech Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Splits, bonuses & buybacks
- daily-prices repair: 14 rows from NSE's archive (replace 10, delete 0, insert 4), 2023-11-12..2026-03-02 (docs/flat_day_repair.md)1× · 12 Nov 2023
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2024-255 Sep 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.