VISHNUCommodities

Vishnu Chemicals Limited

Specialty Chemicals · ISIN INE270I01022 · BSE 516072 · NSE EQ · FV ₹2
Last price
₹535
+3.02%today
What this company does

Vishnu Chemicals Limited operates in Specialty Chemicals, part of the Commodities sector. It booked ₹430 cr of revenue in its latest quarter (Q2 FY27) and kept 8.3% of sales as profit.

Their stated mission

“is to change the perception of chemicals for industries worldwide through heavy and complex chemical manufacturing by bettering the Chromium and Barium Chemicals manufacturing by best in process, technology, quality and adapting to eco-friendly manufacturing practices.”

In the report:
52out of 100
Equitytale Health Score
Mixed

Healthier than 52% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 42–176 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
25

At close. Not part of the score.

Profitability & returns58

How much profit it earns on the money it employs

Balance sheet34

How much it owes, and whether earnings cover the interest

Cash quality49

Whether reported profit actually arrives as cash

Growth & consistency71

Whether sales and profit have grown, and how steadily

Valuation17

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 7% vs last year
✓ Profit up 8% vs last year
✓ Promoters hold 69%
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in VISHNU?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹535▲ +3.02%
latest close · 2026-11-04
52-wk low ₹49574 sessions so far52-wk high ₹744
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio25.3Average
LowAverageHigh
P/B ratio3.14High
Below bookModerateHigh
EV / EBITDA14.5Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity12.4%Fair
WeakFairStrong ▸15%
Return on capital14.9%Fair
WeakFairStrong
Net margin8.3%Decent
ThinDecentStrong
EBITDA margin17.1%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.62Moderate
LowModerateHigh ▸1
Interest cover4.5×Okay
RiskyOkayStrong ▸5×
Current ratio1.55Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹3,600 cr
Book value
₹170
EPS
₹5.28
latest quarter
Net debt
₹677 cr
owes more than its cash
Enterprise value
₹4,276 cr
EBITDA
₹294 cr
annualised
EBIT
₹249 cr
annualised
Operating margin
14.5%
Return on assets
5.9%
Earnings yield
3.95%
P/S
2.10
Sales / share
₹255.2
Tax rate
26.7%
Face value
₹2
Shares
6.7 cr
Working capital
₹392 cr
Current assets
₹1,110 cr
Current liabilities
₹718 cr
Delivery %
52.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹262 vs market price ₹535 — price is 104% above it
Safety cushion-103.9%(target ≥ +20%)
Models span ₹167–₹358, midpoint ₹262
Model ₹262
Price ₹535
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹430 cr
Other Income₹10 cr
Total Income₹439 cr
Cost of Materials₹218 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-56 cr
Employee Benefit Expense₹21 cr
Finance Costs₹14 cr
Depreciation & Amortisation₹11 cr
Other Expenses₹182 cr
Total Expenses₹391 cr
Profit before Tax₹48 cr
Tax Expense₹13 cr
Net Profit₹36 cr
Net margin on total income8.1%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹162 cr36.9%
Employee benefit expense₹21 cr4.9%
Finance costs₹14 cr3.1%
Depreciation & amortisation₹11 cr2.6%
Other expenses₹182 cr41.5%
Tax expense₹13 cr2.9%
Profit for the period₹36 cr8.1%
Total income ₹439 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue450 cr433 cr430 cr
Total income453 cr446 cr439 cr
Expenses389 cr391 cr391 cr
Profit before tax64 cr55 cr48 cr
Tax21 cr15 cr13 cr
Net profit (owners' share)43 cr40 cr36 cr
Net margin (owners' share, on revenue)9.6%9.1%8.3%
EPS (₹)6.495.895.28
YoY (latest quarter): total income +7.0% · net profit +8.2%
Balance sheet & cash flow · as of Sep 2026
Moderate debt
Total assets
₹2,396 cr
Shareholder equity
₹1,147 cr
parent shareholders
Total debt
₹718 cr
Cash
₹41 cr
Cash flow · H1 FY27
Operating
₹59 cr
Investing
₹-256 cr
Financing
₹163 cr
Peer comparison
Specialty Chemicals · by market value
CompanyPriceMarket capP/E
Pidilite Industries Limited₹1,511₹1.54 L cr62.5
Gujarat Fluorochemicals Limited₹4,464₹49,103 cr55.3
Navin Fluorine International Limited₹8,530₹43,759 cr40.6
Deepak Nitrite Limited₹1,521₹20,741 cr13.0
Aether Industries Limited₹1,501₹19,924 cr73.3
Aarti Industries Limited₹439₹15,930 cr23.6
Fine Organic Industries Limited₹5,089₹15,603 cr25.6
Atul Limited₹5,073₹14,935 cr24.0
BASF India Limited₹3,138₹13,584 cr9.8
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.06%
trailing 12 months
Dividend / share (TTM)
₹0.3
Last dividend
₹0.3
ex 21 Aug 2026
ActionDetailEx-date
Dividend₹0.3 / share21 Aug 2026
Dividend₹0.3 / share8 Aug 2025
Dividend₹0.3 / share20 Sep 2024
Dividend₹0.4 / share4 Aug 2023
Stock splitStock Split From Rs.10/- to Rs.2/-13 Jan 2023
Dividend₹2 / share7 Jul 2022
Who owns it · 2026-09-30
No pledge
Promoter
69.2%
FII / Foreign
2.5%
DII / Domestic
5.8%
Retail / others
22.4%
Promoter stake up 0.8% over the last 12 quarters.
Smart-money activity
Insider trades
SoldT Ramakrishna · Employees/Designated Employees6,200 · ₹13.8 L30 Dec 20
SoldCh. Krishna Murthy · Director1.00 L · ₹28924 Jul 17
SoldCh. Krishna Murthy · Promoters1.00 L · ₹10.0 L22 Jun 16
Bulk / block deals
short— · NSE2310 Sep 26
short— · NSE2008 Sep 26
short— · NSE2515 Jul 26
Promoter pledges
ReleasedUnion Bank of India17.20 L · 2.62% held11 Jul 24
ReleasedMetroglobal Limited5.00 L · 3.71% held28 Jun 23
ReleasedState Bank of India64.40 L · 14.49% held26 Apr 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 28 Aug 2026
See the official result
1
a) To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon. b) To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
55.01 L votes for, 45 against · 0% of mutual funds and other big investors said no
2
To declare final dividend of Rs. 0.30 per equity share of Rs. 2/- each (i.e. 15%) for the financial year ended March 31, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
55.01 L votes for, 49 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Mrs. Ch. Manjula (DIN: 01546339), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and being eligible, offers herself for re-appointment.
Promoters had a personal stake in this
Backed by 98% of shareholders other than promotersneeded 50%
53.66 L votes for, 1.36 L against · 3% of mutual funds and other big investors said no
4
To approve appointment of M/s M. Anandam & Co Chartered Accountants, Hyderabad as Statutory Auditors of the Company for the first term of five years.
Backed by 100% of shareholders other than promotersneeded 50%
55.01 L votes for, 50 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 3 named members
owning 69.2% between them · as of 2026-09-30
KRISHNA MURTHY CHERUKURI CHERUKURI48.66%
MANJULA CHERUKURI12.17%
CHERUKURI SIDDARTHA .8.37%
Business done with them
FY2026 · 3 of the group
The company paid ₹6 cr to companies in the promoter group last year — about 0.4% of its ₹1,610 cr revenue.
Cherukuri Krishna Murthy
Other payments to them · Remuneration, Rent and Payable
also owns 48.66% of the company
₹5 cr
company paid
Cherukuri Siddartha
Other payments to them · Remuneration, Payables
also owns 8.37% of the company
₹1 cr
company paid
Cherukuri Manjula
Other payments to them · Remuneration, Rent and Payable
also owns 12.17% of the company
₹73.3 L
company paid

The company also transacted with 6 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.