Vinati Organics Ltd.

NSE: VINATIORGA | BSE: 524200 | ISIN: INE410B01037 |Industry: Commodity Chemicals
|Expensive Performer
1190.40 -29.75 (-2.44%)
NSE Oct 29, 2020 15:31 PM
Volume: 66,936
 

Vinati Organics Ltd.    
18 Jun 2020
1190.40
-2.44%
buy
Dolat Capital
The de-growth in sales YoY is largely attributed to de-growth in ATBS and IBB volumes. Gross margins improved by 442bps YoY and 509bps QoQ on account of benign RM costs. EBITDA/PAT degrew by 15.1/9.6% YoY to Rs 1.0bn/Rs 746mn respectively. Employee costs were up 21.9% YoY to Rs159 mn, a higher other income up by 57.8% YoY to Rs 162mn and a lower tax rate of 31% against 33% in 4 shielded PAT to Rs 746mn. Vinati Organics has commissioned Butyl Phenols plant and is expected to...
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Vinati Organics Ltd. is trading below it's 30 day SMA of 1262.1
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