Vinati Organics Q2 FY26 Earnings Results

Incorporated in 1989, Vinati Organics Ltd manufactures specialty organic intermediaries and Monomers.

 

Q2 FY26 Earnings Results:

• Revenue from Operations: ₹546 crore, marginally up 1.52% QoQ but down 1.26% YoY from ₹553.32 crore.

• Net Profit After Tax (PAT): ₹129 crore, grew 10.26% QoQ and 21.7% YoY from ₹104.36 crore.

• Operating Profit Margin (EBITDA margin) excluding other income expanded to 30.41% (seven-quarter high), up from 29.46% in Q1 FY26 and 24.17% in Q2 FY25.

• PAT margin improved to 20.88% from 19.22% QoQ and 18.86% YoY, reflecting strong profitability despite flat revenues.

• Earnings Per Share (EPS): ₹12.45, up 10.25% QoQ.

• Completed Phase 1 of ATBS production capacity expansion, adding 10,000 metric tonnes per annum.

• Management guided for ~15% revenue growth and EBITDA margins of ~27% for FY26, supported by rising domestic antioxidant demand and anti-dumping duties on PVC imports.

 

Management Commentary & Strategic Insights:

• Management confident in rising demand for specialty chemicals and value-added products like IBB and ATBS.

• Cost control initiatives and process excellence underpin margin expansion.

• Focus on expanding product portfolio and strengthening export markets.

• Positive long-term outlook driven by global specialty and industrial chemical demand.

 

 

Q1 FY26 Earnings Results:

• Revenue: ₹542 crore, up 3.2% YoY.

• PAT: ₹113 crore, up 31.4% YoY.

• EBIT: ₹164 crore, up 29.5% YoY with EBIT margin at 25.1%.

• Strong double-digit growth credited to enhanced demand and operating leverage.

• Management highlighted continued investments in innovation and capacity expansion.

 

To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.