loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

Open ICICI
3-in-1 Account

Manage your Savings, Demat and Trading Account conveniently at one place

+91

BLOG

Vinati Organics in Q1FY27 reported revenues of ₹696 crore

ICICIdirect Research 30 Jul 2026 DISCLAIMER

News: Vinati Organics in Q1FY27 reported revenues of ₹696 crore, up 28% YoY. GPM in the quarter came in at 46%, down ~640 bps YoY. EBITDA for the quarter stood at ₹170.5 crore, up 7% YoY translating to margins of 24.5%, down ~500 bps YoY. PAT for the quarter stood at ₹109 crore, up 4% YoY.

View: The company reported a strong topline performance, which we believe is supported by an expected recovery in ATBS demand amid rising crude oil prices and continued healthy traction in the Antioxidants segment. However, margins are underwhelming and below their guided range of 26-27%. It seems that the company might have focused on volumes. We await management commentary on the same as we do not have segmental data to assess the performance.

Impact: Positive

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere