Vinyas Innovative Technologies Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹1,873 Cr
- P/E
- 61.37
- ROE
- 15.95%
- PEG
- 1.01
- Price to sales
- 3.65
- Debt to equity
- 0.56
- 52W high / low
- ₹1,675 / ₹813
- Sales growth (5Y)
- 20.19%
- EBITDA margin
- 11.88%
- Net profit margin
- 5.93%
- Promoter holding
- 29.18%
- Sales (last year)
- ₹514 Cr
Incorporated in 2001, Vinyas Innovative Technologies Limited provides design, engineering, and electronics manufacturing services[1]
Guidance scorecard · Q4 FY26 call
What Vinyas Innovative Technologies Ltd's management guided
and where it ranks in Industrial Manufacturing
Industrial Manufacturing
RevenueQ4 FY26 call
10–20%- Vinyas is targeting a 25% to 30% growth in revenue year-on-year.
- The company expects to sustain this growth momentum beyond FY27.
- With the ongoing capacity expansion, peak revenue capacity is estimated at INR2,000 to INR2,100 crores, roughly four times current revenue (~INR500 crores).
- Growth is expected primarily in defense and aerospace sectors with long lead times.
- Exports contributed over 50% of revenue in FY26, expected to maintain a 50:50 domestic-export split going forward.
- New healthcare customers will contribute about 5% of revenue by FY27.
2 more points from Vinyas Innovative Technologies Ltd's call on revenue
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MarginsQ4 FY26 call
Up 0–2%See what Vinyas Innovative Technologies Ltd said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Vinyas is completing a capacity enhancement with an additional 25,000 sq. ft focused on Class 3 integration and system integration-intensive programs.
- Current capex underway is about INR 30 crores, expected to be available in 2-3 months.
- The capacity expansion aims to increase total capacity to cater to peak revenue of INR 2,000 to INR 2,100 crores.
- Expansion is planned ahead of expected demand to ensure smooth order execution after infrastructure qualification.
- The company completed a successful INR 150 crores preferential equity raise to support growth investments in infrastructure, system integration capabilities, and working capital.
2 more points from Vinyas Innovative Technologies Ltd's call on capex
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FundraisingQ4 FY26 call
See what Vinyas Innovative Technologies Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
Rising- As of March 31, 2026, Vinyas Innovative Technologies' order book stood at INR 1,309 crores, providing healthy multi-year visibility.
- The existing order book is primarily from defense and aerospace sectors (85% to 90%).
- Execution period for the order book is expected to be between 18 to 24 months due to lead times for components and manufacturing.
- New orders generally require at least 8 months for initial execution; new programs take longer before revenue recognition begins.
2 more points from Vinyas Innovative Technologies Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Manufacturing
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Industrial Manufacturing companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 0–2% | ₹1,207 Cr | 111.0 | |
| 2 | 40%+ | Up 0–2% | ₹549 Cr | 33.8 | |
| 3 | 40%+ | Flat | ₹8,076 Cr | 94.4 | |
| 4 | 40%+ | Flat | ₹3,732 Cr | 81.2 | |
| 5 | 40%+ | Flat | ₹2,580 Cr | 61.2 | |
| 6 | 40%+ | Flat | ₹743 Cr | 43.6 |
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Pro shows every company guiding 40%+ revenue growth →Full Industrial Manufacturing rankingFinancials of Vinyas Innovative Technologies Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Vinyas Innovative Technologies Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of Vinyas Innovative Technologies Ltd
Profit & Loss
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 150 | 205 | 208 | 235 | 317 | 397 | 514 |
| Expenses + | 138 | 194 | 196 | 214 | 284 | 356 | 453 |
| Operating Profit | 11 | 11 | 12 | 21 | 33 | 41 | 61 |
| OPM % | 8% | 5% | 6% | 9% | 11% | 10% | 12% |
| Other Income + | 1 | 3 | 4 | 4 | 4 | 4 | 4 |
| Interest | 8 | 9 | 12 | 13 | 14 | 13 | 16 |
| Depreciation | 3 | 3 | 3 | 2 | 2 | 6 | 7 |
| Profit before tax | 1 | 2 | 3 | 10 | 21 | 25 | 42 |
| Tax % | -13% | 28% | 60% | 27% | 26% | 23% | 27% |
| Net Profit + | 1 | 1 | 1 | 7 | 15 | 19 | 31 |
| EPS in Rs | 12.20 | 15.43 | 24.53 | ||||
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Financials of Vinyas Innovative Technologies Ltd
Balance Sheet
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 13 | 13 | 13 |
| Reserves | 26 | 27 | 28 | 42 | 116 | 134 | 223 |
| Borrowings + | 59 | 94 | 96 | 86 | 97 | 104 | 131 |
| Other Liabilities + | 93 | 60 | 94 | 84 | 83 | 79 | 102 |
| Total Liabilities | 182 | 185 | 221 | 216 | 308 | 330 | 468 |
| Fixed Assets + | 17 | 17 | 15 | 13 | 42 | 40 | 65 |
| CWIP | -0 | -0 | -0 | 3 | -0 | -0 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 165 | 168 | 206 | 200 | 266 | 290 | 399 |
| Total Assets | 182 | 185 | 221 | 216 | 308 | 330 | 468 |
Financials of Vinyas Innovative Technologies Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 15 | -25 | 12 | 12 | -29 | 9 | |
| Cash from Investing Activity + | 1 | -2 | -1 | -3 | -28 | -2 | |
| Cash from Financing Activity + | -10 | 26 | -9 | -10 | 65 | -7 | |
| Net Cash Flow | 6 | -1 | 2 | -2 | 8 | -1 | |
| Free Cash Flow | 15 | -27 | 11 | 8 | -57 | 7 | |
| CFO/OP | 135% | -224% | 111% | 70% | -71% | 35% |
Financials of Vinyas Innovative Technologies Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 65 | 52 | 100 | 33 | 101 | 163 | 161 |
| Inventory Days | 366 | 238 | 247 | 211 | 166 | 88 | 114 |
| Days Payable | 207 | 93 | 130 | 71 | 74 | 36 | 43 |
| Cash Conversion Cycle | 225 | 197 | 217 | 173 | 193 | 216 | 232 |
| Working Capital Days | 20 | -2 | 16 | 33 | 84 | 95 | 113 |
| ROCE % | 10% | 11% | 18% | 19% | 16% | 19% |
Guidance history
How Vinyas Innovative Technologies Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 10–20% | Up 0–2% | Planned | — | Rising |
| Q2 FY26 call → | 20–40% | Up 0–2% | Planned | Planned | Rising |
| Q4 FY25 call → | 20–40% | Flat | Planned | — | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
80 out of 100 — Strengthening
Over the past year its share price has done better than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +24.2% | 76% |
| Last 6 months | +29.0% | 79% |
| Last 3 months | +22.5% | 88% |
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Vinyas Innovative Technologies Ltd: 0.4 × 76 + 0.4 × 79 + 0.2 × 88 = 80.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Vinyas Innovative Technologies Ltd's management said in earlier quarters
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