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NSE:VISHNU

VISHNU CHEMICALS LIMITED

Chemicals › Chemicals & Petrochemicals
₹569.00
at close · 28 Oct 2026
▲ 11.50 (+2.06%)
ThemesDefence· mention

Latest filings

Next results: Sat, 31 Oct · Financial Results
  1. Parwada plant to stop temporarily for new capital project work · Capex & Operations
  2. Board meeting to approve Q2 results on 31 October 2026 · Results
  3. Special window opens for pending physical share transfers · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures barium, chromium and strontium-based specialty chemicals for industrial buyers in India and overseas. Barium carbonate is the established cash cow with EBITDA margins sustained at ~30% and capacity utilisation running around 80% (target 80-82% by FY26 end). Strontium carbonate is set to enter commercial dispatch from September 2025 at a ~12,000 TPA scale, with the company described in management commentary as the only domestic manufacturer. Domestic sales accounted for ~55% of Q1 FY26 revenue against exports at ~45%, and direct US exposure is contained at ~7% of consolidated revenue (Barium is duty-exempt under Annexure 2). The biggest cost line is raw materials at 47.3% of FY26 revenue, with capex running at 16.0% of revenue to fund projects including a South Africa mine acquisition (statutory approvals pending) and a 20 MW solar addition. Q1 FY27 consolidated revenue rose 24.9% YoY to Rs 433.4 crore with EBITDA margin at 15.1%, though overseas freight costs were pressured by West Asia tensions.

Operating scale
Strontium carbonate capacity
~12,000 TPAFY26
Barium capacity utilisation
~80% (target 80-82% by FY26 end)FY26
Barium EBITDA margin
~30%Q1 FY26
Domestic:Export mix
55:45Q1 FY26
US exposure (consolidated)
~7%Q1 FY26
Q1 FY27 consolidated revenue
Rs 433.4 crore (+24.9% YoY)Q1 FY27
Who pays it
Industrial chemical buyers in India and overseas, including a ~7% direct US exposure and ~45% export share of Q1 FY26 revenue.
Biggest cost
Raw materials at 47.3% of FY26 revenue.
Kind of business
Specialty chemicals manufacturer; asset-intensive with capex at 16% of FY26 revenue; exposed to global tariff conditions and freight costs.
Where it sits
Only domestic manufacturer of strontium carbonate at 12,000 TPA scale; established Barium franchise with ~30% segment EBITDA margins.
Market Cap
₹3,830 Cr
P / E (TTM)
25.5×
EV / EBITDA
14.8×
Div Yield
0.05%
Growth
18.9%▲
Revenue 5y CAGR
PAT +32.8% · EBITDA +27.9%
Quality
19.8%▲
ROCE (5y median)
ROE 14.4% (5y median) · margin 17.1%
Leverage
0.49·
Debt / Equity · low
Net debt ₹519 Cr
Revenue FY21→FY26
2.4×▲
Margin +3.8 pts
₹679 Cr → ₹1,610 Cr
Cash conversion
0.87×·
Operating cash ÷ profit · 5 yrs
₹509 Cr on ₹588 Cr
Moves on a normal day
1.24%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 107 Specialty Chemicals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#57/99
P/B#68/99
ROCE#37/106
ROE#28/99
Debt / Equity#79/99
EBITDA margin#42/99
Revenue growth#46/94
Profit growth#58/92

Scorecard

Measured from the filed financials, judged against its Specialty Chemicals peers · as of FY26 — not investment advice

Strengths
Revenue compounding 19% a year over 5 years
Profit compounding 33% a year over 5 years
Returns on capital 19.8% (5-year median)
#37 of 106 in Specialty Chemicals on the latest reported figures · up from 13.5% in FY21
Concerns
Carries more debt than its peers — 0.49× equity
higher than 80% of its 99 Specialty Chemicals peers
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

VISHNU · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from VISHNU CHEMICALS LIMITED's filed financials and exchange disclosures

What does VISHNU CHEMICALS LIMITED do?

VISHNU CHEMICALS LIMITED is a Chemicals & Petrochemicals company listed on NSE and BSE, trading under the symbol VISHNU.

Is VISHNU CHEMICALS LIMITED profitable?

Yes. Over the trailing twelve months VISHNU CHEMICALS LIMITED reported a net profit of ₹150 Cr on revenue of ₹1,696 Cr.

Does VISHNU CHEMICALS LIMITED pay a dividend?

Yes. The dividend yield is 0.05% at the current price. It paid out 1% of its profit as dividend in FY26.

Is VISHNU CHEMICALS LIMITED debt-free?

No. It reported borrowings of ₹527 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹519 Cr after cash. Debt stands at 0.49× equity. That is higher than 80% of its 99 Specialty Chemicals peers.

Is VISHNU CHEMICALS LIMITED expensive compared with its peers?

On trailing P/E, VISHNU CHEMICALS LIMITED ranks 57 of 99 in Specialty Chemicals — cheaper than 43% of them, against an industry median of 23.1×. This is a position, not a valuation judgement.

How much does the VISHNU CHEMICALS LIMITED share price move in a day?

On a typical session VISHNU CHEMICALS LIMITED moves 1.24% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are VISHNU CHEMICALS LIMITED's next results?

Financial Results on Sat, 31 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track VISHNU CHEMICALS LIMITED's announcements?

Every NSE and BSE filing by VISHNU CHEMICALS LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.