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Vinyoflex Ltd (530401)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530401 NSE: Plastic Products | Small Cap | Vinyoflex Share Price

₹54.50 1.50 (2.83%)

As on 04-Jun'26 16:59

Vinyoflex Ltd (530401)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530401 NSE: Plastic Products | Small Cap | Vinyoflex Share Price

₹54.50 1.50 (2.83%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹24 Cr.
Current Price
₹54.5
52-Week Low / High
₹36 / 78
TTM EPS
₹7.4
TTM Sales
₹40.2 Cr.
Book Value per Share
₹83.4
P/E Ratio
7.33
Lower than its 5-year historical median
Industry PE
39
Price to Book (P/B)
0.65
Lower than its 5-year historical median
Price to Sales (P/S)
0.59
In line with its 5-year historical median
EV/EBITDA
3.92
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
8.20%
Outperforms industry median
Return on Capital Employed (ROCE)
11.00%
Outperforms industry median
Return on Assets (ROA)
7.56%
Operating Profit Margin
8.5%
Net Profit Margin
6.18%
Gross Profit Margin
9.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-8.37%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-31.92%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
-29.89%
Asset Quality
Promoter Holding
51.23%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹32 Cr.
Equity
₹4.3 Cr.
Face Value
₹10
All Time Low / High
₹1.35 / 142.90

Vinyoflex stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Vinyoflex Ltd a good quality company?
Vinyoflex Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Vinyoflex Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Vinyoflex Ltd vs industry peers?
Vinyoflex Ltd revenue CAGR is 2.10%, compared to the industry median CAGR of 4.71%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Vinyoflex Ltd?
Promoters hold 51.23% of the Vinyoflex Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Vinyoflex Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 10.1% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Vinyoflex Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 16.8%16.8%15.3%13%15.6%9.4%10.8%16%16.4%11%-
Value Creation
Index
0.20.20.1-0.10.1-0.3-0.20.10.2-0.2-

Growth Parameters

Sales 28.931.133.83937.734.742.856.145.741.840
Sales YoY Gr.-7.5%8.7%15.4%-3.3%-7.9%23.2%31%-18.6%-8.4%-
Adj EPS 3.63.94.34.15.83.84.788.567.4
YoY Gr.-8.6%10.2%-5.3%41.3%-34.4%24%70.9%6.1%-29.8%-
BVPS (₹) 26.830.73539.144.948.753.461.5707683.4
Adj Net
Profit
1.61.71.91.82.51.623.53.72.63
Cash Flow from Ops. 1.20.80.40.5-0.82.73.81.670.4-
Debt/CF from Ops. 3.85.29.47.6-7.12.123.30.11.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 4.2%2.1%-0.8%-8.4%
Adj EPS 5.8%0.7%8.4%-29.8%
BVPS12.3%11.1%12.4%8.6%
Share Price 10.1% 16% -12.9% -23.9%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
14.513.713.21113.88.19.214138.29.3
Op. Profit
Mgn %
9.59.797.410.27.57.89.511.48.510.6
Net Profit
Mgn %
5.45.55.54.56.64.74.86.28.16.28
Debt to
Equity
0.40.30.30.30.30.30.30.2000
Working Cap
Days
190182195192232278239186194180253
Cash Conv.
Cycle
142149167166196228197162173165234

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales28.9031.0833.793937.7134.7442.8156.1045.6541.83
Operating Expenses + 26.1628.0630.7636.1333.8632.1539.4950.7840.4538.28
Manufacturing Costs2.772.883.544.043.943.063.3155.064.99
Material Costs22.3923.9825.1729.9427.3526.9133.7943.0632.6030.31
Employee Cost 0.610.751.561.631.861.501.661.861.842.07
Other Costs 0.390.440.480.520.710.660.730.870.950.92
Operating Profit 2.743.023.032.873.852.593.325.325.203.54
Operating Profit Margin (%) 9.5%9.7%9.0%7.4%10.2%7.5%7.8%9.5%11.4%8.5%
Other Income + 0.160.050.020.050.040.120.060.020.390.56
Exceptional Items 0000000000
Interest 0.290.280.210.150.170.200.350.310.180.10
Depreciation 0.250.260.270.300.320.290.290.370.460.56
Profit Before Tax 2.362.532.582.473.402.222.734.664.963.45
Tax 0.800.840.710.690.900.570.701.191.280.86
Profit After Tax 1.561.691.871.772.511.652.033.473.682.58
PAT Margin (%) 5.4%5.5%5.5%4.6%6.7%4.7%4.8%6.2%8.1%6.2%
Adjusted EPS (₹)3.63.94.34.15.83.84.78.08.56.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Vinyoflex - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 11.5613.2515.1216.8919.4021.0423.0726.5430.2232.81
Share Capital 4.324.324.324.324.324.324.324.324.324.32
Reserves 7.248.9310.8012.5715.0816.7218.7622.2225.9028.49
Debt +4.654.024.014.165.385.727.425.190.900.51
Long Term Debt0.93000007.425.190.900.51
Short Term Debt3.724.024.014.165.385.720000
Minority Interest0000000000
Trade Payables1.171.921.342.592.042.693.462.811.280.97
Others Liabilities 1.321.430.601.351.460.460.510.770.800.79
Total Liabilities 18.6920.6221.0724.9928.2829.9234.4735.3233.2135.08

Fixed Assets

Net Fixed Assets +2.132.112.312.542.642.515.766.546.986.54
Gross Block6.917.152.848.138.568.7212.2113.3614.2514.37
Accumulated Depreciation4.785.040.535.605.926.216.456.827.287.84
CWIP 0000000000
Investments 0000000000
Inventories4.135.544.605.065.756.588.957.257.028.16
Trade Receivables10.7211.5913.7916.2618.5717.6619.4421.0912.4212.72
Cash Equivalents 0.550.110.090.090.090.060.020.176.387.06
Others Assets 1.161.260.271.041.233.110.300.260.400.60
Total Assets 18.6920.6221.0724.9928.2829.9234.4735.3233.2135.08

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 1.230.780.430.54-0.762.733.791.606.990.38
PBT 2.362.531.861.772.512.222.734.664.963.45
Adjustment 0.480.511.091.101.420.370.580.660.350.14
Changes in Working Capital -0.79-1.4-1.8-1.62-3.720.721.16-2.572.89-2.41
Tax Paid -0.82-0.86-0.72-0.70-0.97-0.58-0.68-1.15-1.22-0.80
Cash Flow From Investing Activity + -0.30-0.32-0.23-0.54-0.30-2.90-3.47-1.12-0.600.40
Capex -0.22-0.25-0.47-0.52-0.43-0.16-3.54-1.16-0.89-0.12
Net Investments 0000000000
Others -0.08-0.080.24-0.020.13-2.740.070.040.290.52
Cash Flow From Financing Activity + -0.92-0.91-0.22-01.060.14-0.36-0.33-0.18-0.10
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -0.28-0.28-0.21-0.15-0.17-0.20-0.36-0.33-0.18-0.10
Dividend Paid 0000000000
Others -0.64-0.63-0.010.151.220.340000
Net Cash Flow 0.01-0.45-0.020-0-0.03-0.040.156.210.68

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)14.4513.6513.1611.0913.818.149.2113.9812.978.2
ROCE (%)16.816.8215.313.0415.579.4110.7815.9616.3511
Asset Turnover Ratio1.661.761.671.691.421.191.331.611.331.23
PAT to CFO Conversion(x)0.790.460.230.31-0.31.651.870.461.90.15
Working Capital Days
Receivable Days132.60117.70133.40140.60168.60190.30158.10131.80134109.70
Inventory Days455153.3045.2052.3064.8066.2052.7057.1066.20
Payable Days41.7023.5023.702430.9032.1033.3026.6022.9013.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Vinyoflex Ltd FAQs

The current trading price of Vinyoflex on 04-Jun-2026 16:59 is ₹54.50.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Vinyoflex stood at ₹23.54 Cr

The latest P/E ratio of Vinyoflex as of 03-Jun-2026 is 7.33.

The latest P/B ratio of Vinyoflex as of 03-Jun-2026 is 0.65.

The 52-week high of Vinyoflex is ₹78.00 and the 52-week low is ₹35.95.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vinyoflex is ₹40.23 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Vinyoflex Ltd is a good quality company.

The key valuation ratios of Vinyoflex Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Vinyoflex Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Vinyoflex Ltd

Vinyoflex was incorporated as a private limited company vide certificate of incorporation dated July 14, 1993 with Registrar of Companies, Gujarat. The company was later on converted into public limited by passing necessary resolution in terms of section 21/31/44 of Companies Act, 1956, on October 21, 1994 and received certificate dated November 22, 1994.

The company was promoted by Mansukhlal P Patel, Shri Bhupatlal L Tilva and Vinod K Tilva.

The registered office of the company is situated at 307, Silver Chamber, Tagore Road, Rajkot, Gujarat-300002.

Business area of the company

The company’s product range includes PVC films and sheeting both plane and printed, flexible, rigid and semi-rigid for application such as rainwear, shower curtains file covers table covers car matt, stationary products etc.

The company also manufacture cable wrap tape, insulation tape, wire harness tape, vinyl wall cover, PVC flexible sheeting for urine bags.

Certification

Vinyoflex an ISO 9000-2000 certified company

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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