DINESH

Vishnu Chemicals

Latest CMP 608
Today's Change ▲ 1.31%
52-Week High / Low 640 | 453
Price Date: 14-Aug-2026
Recommendation Buy
Target Price 687
Expected Upside 6.3%
Forecast Horizon 2 Years
Historical CAGR 16.4%
1,000 Invested 04-Jul-2007
Today's Value 18,222
Investment Period 19 Years

Stock Snapshot

Post Results Return
-3.7%
Mild Negative Re-rating
1-Year Target Price
680
2-Year Target Price
687
52-Week High / Low
640 / 453
20-Day Return
-5.0%
Market Cap (Cr.)
4,093
Current PE
27.6
P/BV Ratio
3.8
Dividend Yield
0.1%
Industry PE
41.1

Price Performance

Basis of our Recommendation

Vishnu Chemicals has achieved a notable revenue milestone of ₹1,600 crore, driven by a strategic focus on vertical integration and global market expansion. Management's emphasis on developing high-value specialty chemicals and derivatives is expected to enhance revenue growth and margin expansion over the next 12-24 months. The company's efforts to secure raw material supply through backward integration and scale its Strontium chemical segment are critical for maintaining competitive positioning. Vista's financial outlook reflects a moderation in revenue growth, yet an improvement in margins is anticipated, supported by the company's strong balance sheet and operational resilience. The current valuation aligns with intrinsic value, suggesting limited upside potential. Industry dynamics, including robust domestic demand and favorable trade agreements, provide a supportive backdrop, although competitive pressures may challenge pricing power. Key opportunities include the successful execution of capacity projects and the expansion into high-value markets, while watchpoints include global demand fluctuations and the execution risks associated with ongoing initiatives. Overall, Vishnu Chemicals is positioned to navigate the evolving landscape, but careful monitoring of execution and market conditions will be essential

👍 Why We Like This Stock

  • Management's focus on high-value specialty chemicals is expected to drive revenue and margin growth
  • Strong balance sheet with manageable leverage supports operational resilience and strategic initiatives
  • Favorable industry dynamics and trade agreements enhance the company's competitive positioning

Things To Watch Out For

  • Moderating revenue growth relative to historical performance may limit short-term upside
  • Execution risks associated with capacity expansion and integration projects could impact future performance
  • Competitive pressures in the specialty chemicals market may challenge pricing power and margins

Key Parameters

Balance Sheet Strength
Strong and Investable
Market Share
Stable
Industry Outlook
Weakening
Analyst View
Not Available
Dividend History
Regular
FII Holdings
Stable

Financial Snapshot

Actuals Forecast
FY24 FY25 FY26 FY27 FY28
Revenue (Cr.) 1,213 1,447 1,610 1,696 1,774
Profit Before Tax (Cr.) 144 168 195 208 217
PBT Margin 11.9% 11.6% 1211.2% 12.3% 12.2%
Net Profit (Cr.) 113 135 148 158 165
Earnings Per Share 16.8 20.1 22.0 23.5 24.5

Analyst Recommendations

No analyst recommendations available.

Consensus Recommendation ► None
Consensus Target
Coverage 0 Analysts
Analysts' Viewpoint

Company Overview

Show Company Profile

Vishnu Chemicals Limited engages in the manufacture and sale of chromium chemicals in India. The company offers chromium chemicals, such as sodium dichromate, basic chromium sulphate, chromic acid, chrome oxide green, white sodium sulphate, and potassium dichromate; and barium barium carbonate, precipitated barium sulphate, and sodium sulphide. Its products are used in pharmaceuticals, consumer goods, glass, pigments and dyes, leather, automobiles, and wood preservatives markets. The company also supplies its products to Asia, China, South East Asia, Europe, the United Kingdom, North America, South and Central America, Africa, and internationally. Vishnu Chemicals Limited was incorporated in 1989 and is headquartered in Hyderabad, India.