Vinyl Chemicals (India) Limited (VINYLINDIA) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Vinyl Chemicals (India) Limited ₹92.23, price ₹214, upside -57.0%, quality 55 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range ₹126.96 – ₹842.20 · fair‑value band ₹63.76 – ₹119.90 · the ₹214.23 price screens above the ₹92.23 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 2, 2026.
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Vinyl Chemicals (India) Limited engages in the trading of chemicals in India. It trades in vinyl acetate monomer. The company was incorporated in 1986 and is based in Mumbai, India.
Stock analysis
Vinyl Chemicals (India) Limited (VINYLINDIA) currently trades at ₹214.23, while our model-based Fair Value estimate is ₹92.23, 57.0% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ₹176.28 per share, and 1 of the 17 models we run sit above the ₹214.23 price.
Bear case: the Asset-Based group reads lowest at ₹47.59, and 16 of the 17 models stay below the price. Evidence for this calculation is high.
Scenario range: ₹63.76 (bear) to ₹119.90 (bull), the price of ₹214.23 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 55/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Vinyl Chemicals (India) Limited reported revenue of ₹6.5B in FY2026 versus ₹8.7B in FY2022, a compound −6.8%/yr. Reported net income was ₹165M in FY2026, compounding −17.1%/yr from FY2022.
Key figures
Market cap ₹3.9B (≈ $40.8M) · P/E ratio 21.0 · P/S ratio 0.53 · EPS (TTM) ₹10.18 · Dividend yield 3.3% · Net margin 2.5% · Return on equity 12.8% · Return on assets (EBIT) 19.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 37 out of 100 (medium confidence).
What moves the price
The share trades about 25% below its 52-week high and 33% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −46% fair-value upside, at −57%, VINYLINDIA screens richer than that median.
Fair Value models
Bear ₹63.76Fair Value ₹92.23Bull ₹119.90
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹1.62 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+4.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−13.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.1%
Start year 2021 (pandemic). Over 10 years: +7.2% a year
Revenue growth 21 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.7%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+11.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+7.7%
Dividend (yield on the price)3.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.7.7% vs 6.6%, steady
Profit margin 2019 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.4% → 3%
Compare Vinyl Chemicals (India) Limited with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Chemicals · 696 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score55 · Above median
Fair Value upside−56.9% · Below median
Profitability
Return on equity (TTM)12.8% · Top 25%
Return on assets5.4% · Above median
Net margin (TTM)3.1% · Below median
Operating margin (TTM)7.4% · Below median
Growth and dividend
Revenue growth−34.1% · Bottom 25%
Dividend yield (TTM)3.3% · Top 25%
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
P/E (TTM)21.0× · Cheaper than median
P/B3.02× · Pricier than median
P/S (TTM)0.65× · Cheaper than median
EV/EBITDA16.8× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 54
PAST (return on equity)51· sector 26
HEALTH (low debt)100· sector 95
DIVIDEND (yield)65· sector 29
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Vinyl Chemicals (India) Limited (VINYLINDIA) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of ₹92.23 versus a price of ₹214.23, about −57% upside (overvalued).
What is the fair value of VINYLINDIA?
Our model-based fair value for Vinyl Chemicals (India) Limited is ₹92.23 (as of Oct 2, 2026), built from audited fundamentals. The current price: ₹214.23.
What is the quality score of VINYLINDIA?
Vinyl Chemicals (India) Limited has a Quality Score of 55/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Vinyl Chemicals (India) Limited (VINYLINDIA)?
Our model-based price target is the fair value of ₹92.23 (as of Oct 2, 2026) from 17 valuation models. Cautious scenario ₹63.76, optimistic scenario ₹119.90. It is a calculation from audited fundamentals, not an analyst target.
What is the Vinyl Chemicals (India) Limited stock forecast for 2026?
Our models put fair value at ₹92.23, about −57% upside versus a price of ₹214.23 (overvalued). Cautious scenario ₹63.76, optimistic scenario ₹119.90. The calculation is refreshed regularly with new filings.
What is the revenue of Vinyl Chemicals (India) Limited (VINYLINDIA)?
Vinyl Chemicals (India) Limited reported trailing-twelve-month revenue of about ₹6.0B (latest available figure, as of Oct 2, 2026).
Does Vinyl Chemicals (India) Limited pay a dividend?
Vinyl Chemicals (India) Limited currently shows a dividend yield of about 3.27% relative to its recent price (as of Oct 2, 2026).
What is the intrinsic value of Vinyl Chemicals (India) Limited (VINYLINDIA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Vinyl Chemicals (India) Limited it is ₹92.23 per share (as of Oct 2, 2026), against a price of ₹214.23. It is the blended result of 17 valuation models (cash flow, earnings, asset, dividend).
Is Vinyl Chemicals (India) Limited stock overvalued or undervalued in 2026?
As of Oct 2, 2026, VINYLINDIA trades above its calculated fair value: price ₹214.23, fair value ₹92.23, a gap of about −57% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of VINYLINDIA?
No. The price is what the market pays today (₹214.23); the fair value is what the company's own numbers justify (₹92.23). For Vinyl Chemicals (India) Limited the two are ₹122.00 per share apart. That gap is exactly why we show both numbers side by side.
How much is Vinyl Chemicals (India) Limited worth?
The market values Vinyl Chemicals (India) Limited at about ₹3.9B (market capitalisation, as of Oct 2, 2026). Per share that is ₹214.23; our models calculate a fair value of ₹92.23 per share.
What do the bullish and bearish scenarios say about VINYLINDIA?
Our models span a range for Vinyl Chemicals (India) Limited: cautious scenario ₹63.76, base ₹92.23, optimistic ₹119.90 per share (as of Oct 2, 2026, price ₹214.23). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of VINYLINDIA?
Vinyl Chemicals (India) Limited trades at a price-to-earnings ratio of 21.0 (as of Oct 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹92.23 is built from several models across several years. Other multiples: P/B 3.0, P/S 0.7, EV/EBITDA 16.8.
How solid is the balance sheet of Vinyl Chemicals (India) Limited (VINYLINDIA)?
Balance-sheet figures for Vinyl Chemicals (India) Limited (as of Oct 2, 2026): return on equity 12.8%, debt of 0.00 per unit of equity. They feed the Quality Score of 55/100, which measures business quality independently of the share price.
How far is VINYLINDIA from its 52-week high?
Vinyl Chemicals (India) Limited trades at ₹214.23, about 25% below its 52-week high of ₹286.24 and 33% above the low of ₹160.98 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹92.23 is for.
Which stocks are comparable to Vinyl Chemicals (India) Limited?
From the same area (Basic Materials) we also value Linde plc, The Sherwin-Williams Company, Ecolab Inc, Air Products and Chemicals, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Vinyl Chemicals (India) Limited stock attractive at the current price?
The data as of Oct 2, 2026: price ₹214.23, calculated fair value ₹92.23 (−57%), Quality Score 55/100, from 17 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of VINYLINDIA calculated?
We run Vinyl Chemicals (India) Limited through 17 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹92.23, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1 % above its aggregate fair value. Vinyl Chemicals (India) Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Vinyl Chemicals (India) Limited (VINYLINDIA)?
The closing price on Oct 1, 2026 was ₹214.23. Our model-based fair value is ₹92.23, about −57% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Vinyl Chemicals (India) Limited right now?
The price sits above even our optimistic bull case (₹119.90). The favourable scenario is already priced in. Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (₹63.76 to ₹119.90) leaves room in how you read the outcome.
Where does the earnings growth of Vinyl Chemicals (India) Limited (VINYLINDIA) come from?
Earnings per share at Vinyl Chemicals (India) Limited grew +8.9 % a year from 2015 to 2026. Broken into its drivers: revenue per share +6.7 %, EBIT margin +0.8 %, tax rate +1.4 %, residual (interest, one-offs) −0.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Vinyl Chemicals (India) Limited
How large is the market capitalisation of Vinyl Chemicals (India) Limited (VINYLINDIA)?
The market capitalisation of Vinyl Chemicals (India) Limited is ₹3.9B (≈ $40.8M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Vinyl Chemicals (India) Limited (VINYLINDIA)?
The price-to-sales ratio of Vinyl Chemicals (India) Limited is 0.53 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Vinyl Chemicals (India) Limited (VINYLINDIA)?
Earnings per share at Vinyl Chemicals (India) Limited are ₹10.18 (price ÷ EPS = P/E 21.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Vinyl Chemicals (India) Limited (VINYLINDIA)?
The dividend yield of Vinyl Chemicals (India) Limited is 3.3% (payout 68.8%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Vinyl Chemicals (India) Limited (VINYLINDIA)?
The net margin of Vinyl Chemicals (India) Limited is 2.5% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Vinyl Chemicals (India) Limited (VINYLINDIA)?
The return on equity (ROE) of Vinyl Chemicals (India) Limited is 12.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Vinyl Chemicals (India) Limited (VINYLINDIA)?
On an EBIT basis the return on assets of Vinyl Chemicals (India) Limited is 19.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Vinyl Chemicals (India) Limited (VINYLINDIA)?
The operating margin of Vinyl Chemicals (India) Limited is 7.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Vinyl Chemicals (India) Limited (VINYLINDIA)?
Revenue at Vinyl Chemicals (India) Limited is growing −34.1% versus a year earlier (3y avg −13.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Vinyl Chemicals (India) Limited (VINYLINDIA)?
Earnings per share at Vinyl Chemicals (India) Limited are growing +49.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Vinyl Chemicals (India) Limited (VINYLINDIA) generate?
The free cash flow of Vinyl Chemicals (India) Limited is −₹166M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Vinyl Chemicals (India) Limited (VINYLINDIA) hold?
Vinyl Chemicals (India) Limited holds more cash than debt, ₹94.3M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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