DINESH

Viyash Scientific

Latest CMP 256
Today's Change ▼ -4.00%
52-Week High / Low 294 | 169
Price Date: 14-Aug-2026
Recommendation Strong Buy
Target Price 487
Expected Upside 38.0%
Forecast Horizon 2 Years
Historical CAGR 4.0%
1,000 Invested 17-Aug-2006
Today's Value 2,189
Investment Period 20 Years

Stock Snapshot

Post Results Return
-1.2%
Neutral Market Reaction
1-Year Target Price
451
2-Year Target Price
487
52-Week High / Low
294 / 169
20-Day Return
-3.4%
Market Cap (Cr.)
11,159
Current PE
43.5
P/BV Ratio
3.8
Dividend Yield
Industry PE
38.5

Price Performance

Basis of our Recommendation

Viyash Scientific's recent management commentary highlights a transformative FY26, driven by successful integration and operational leverage, which are expected to enhance revenue growth and margins. The company is strategically expanding its product pipeline and market presence, particularly in the companion animal segment, while pursuing inorganic growth opportunities. Vista's financial outlook reflects a moderate revenue growth trajectory, supported by improving margins and a stable balance sheet. The anticipated 15% revenue growth rate over the next five years aligns with Vista's expectations of continued long-term growth, despite potential short-term pressures from R&D investments. Industry dynamics, including the expanding demand for contract manufacturing and development services, further bolster Viyash's competitive position. However, challenges such as regulatory complexities and raw material supply constraints remain watchpoints. Over the next 12-24 months, key opportunities include the commercialization of new products and strategic partnerships, while headwinds may arise from geopolitical risks and integration challenges. Overall, Viyash is well-positioned to capitalize on emerging opportunities in the veterinary healthcare market, with a focus on innovation and efficiency

👍 Why We Like This Stock

  • Successful integration and operational leverage are expected to enhance revenue growth and margins
  • A robust product pipeline and strategic partnerships position Viyash for significant market expansion
  • Management's target of 15% revenue growth over the next five years aligns with Vista's long-term growth expectations

Things To Watch Out For

  • Regulatory complexities in the US companion animal market pose significant risks
  • Potential raw material supply constraints may impact production and margins
  • Integration challenges from recent mergers could affect operational efficiency

Key Parameters

Balance Sheet Strength
Stable Financial Structure
Market Share
Stable
Industry Outlook
Improving
Analyst View
Strong Buy
Dividend History
Irregular
FII Holdings
Increasing

Financial Snapshot

Actuals Forecast
FY24 FY25 FY26 FY27 FY28
Revenue (Cr.) 1,370 1,551 3,420 3,730 4,090
Profit Before Tax (Cr.) -43 43 393 611 639
PBT Margin -3.2% 2.8% 1149.1% 16.4% 15.6%
Net Profit (Cr.) -60 -47 314 498 443
Earnings Per Share -1.5 -1.3 6.1 9.7 10.1

Analyst Recommendations

Broker Recommendation Target Price Date
Anand Rathi ▲ Buy 310 30-Jun-2026
Systematix Shares ▲ Buy 264 07-May-2026
Consensus Recommendation ▲ Strong Buy
Consensus Target 310
Coverage 2 Analysts
Analysts' Viewpoint
Viyash Scientific's post-merger strategy emphasizes vertical integration in Animal and Human Health, targeting $1bn revenue by 2032. Growth is driven by the Companion Animal segment's product development and European market entry, alongside CDMO business expansion with key partnerships. However, US regulatory challenges, raw material cost increases, and acquisition integration risks pose potential hurdles. The BioforLife acquisition and new product launches are anticipated to catalyze future growth, reinforcing the company's robust outlook.

Company Overview

Show Company Profile

Viyash Scientific Limited operates in the veterinary healthcare business in Europe, Asia, and internationally. The company provides finished dosage formulation in therapeutic areas, such as nutrition, pain management, parasite control, antibiotics, and gut health for livestock, poultry, and companion animals. It also offers analytical services; and VET formulation services. The company was formerly known as Sequent Scientific Limited and changed its name to Viyash Scientific Limited in January 2026. The company was incorporated in 1985 and is headquartered in Hyderabad, India. Viyash Scientific Limited operates as a subsidiary of CA Harbor Investments.