Vinyl Chemicals (India) LimitedQ1 FY27 Results & Financial Update
Vinyl Chemicals (India) Limited: Q1 FY27 standalone results and company financials – revenue ₹99.64 Cr, PAT ₹6.62 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Vinyl Chemicals (India) price & chart
Quarter overview
Quarterly earnings analysis
Vinyl Chemicals (India) Limited reported a total income of INR 105.92 crore for the first quarter of fiscal year 2027, driven by revenue from operations of INR 99.64 crore and other income of INR 6.28 crore.
Profit before tax for the June 2026 quarter settled at INR 8.89 crore, reflecting profitable trading operations supported by robust non-operating components.
Net profit after tax for Q1 FY27 reached INR 6.62 crore after accounting for tax expenses aggregating INR 2.27 crore, which included current tax of INR 3.30 crore offset by a deferred tax credit of INR 1.03 crore.
Basic and diluted earnings per share for the quarter stood unannualized at INR 3.61 on an equity share capital base of INR 1.83 crore with a face value of Re. 1 per share.
Total expenses for the period stood at INR 97.03 crore, encompassing the purchase of traded goods, inventory variations, employee benefits, finance costs, depreciation, foreign exchange differences, and other operational outlays.
The company's financial results for the quarter ended June 30, 2026, were subjected to a limited review by statutory auditors Mehul Gada & Associates and were approved by the board of directors on July 30, 2026.
Vinyl Chemicals (India) Limited reported standalone revenue from operations of INR 99.64 crore for the first quarter ended June 30, 2026.
Total income for the quarter stood at INR 105.92 crore, bolstered by other income of INR 6.28 crore during the period.
01 · Business model
What does Vinyl Chemicals (India) do?
Vinyl Chemicals (India) Limited operates as a specialized chemical trading enterprise, serving as an important link in domestic distribution.
The company generates its primary revenue through the trading of chemical products, specifically focusing on VAM and related industrial chemicals.
Vinyl Chemicals operates without any subsidiaries, associates, or joint venture companies, maintaining a standalone operational structure.
The enterprise is managed from its registered office in Nariman Point, Mumbai, and functions under the broader commercial ecosystem associated with Pidilite.
02 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹99.64 Cr |
| Total income | ₹105.92 Cr |
| Profit before tax | ₹8.89 Cr |
| Profit after tax | ₹6.62 Cr |
| EPS | ₹3.61 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 6.6% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 8.9% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹6.28 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from operations of INR 99.64 crore was realized entirely through the company's single primary reportable segment of trading in chemicals.
Other income contributed significantly to the headline total income with INR 6.28 crore during the quarter.
Revenue is generated entirely through the company's single primary reportable segment of trading in chemicals, reflecting market demand for chemical raw materials.
What drove margins
The company incurred INR 165.75 crore on the purchase of traded goods during the quarter, which was modulated by a substantial inventory change.
An increase in inventories of traded goods provided a positive impact of INR 76.31 crore, offsetting the gross purchase outlays.
Foreign exchange difference expenses, inclusive of forward premiums, amounted to INR 4.72 crore for the quarter.
Employee benefit expenses were recorded at INR 2.11 crore, while other expenses stood at INR 0.69 crore.
Expenses included INR 165.75 crore toward purchases of traded goods, offset by a positive change in inventories of traded goods amounting to INR 76.31 crore.
The company incurred foreign exchange difference expenses (including forward premium) of INR 4.72 crore during the quarter.
04 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The company's current business activity comprises only one primary reportable segment, designated as Trading in Chemicals.
05 · Strategy & new businesses
How the company is trying to change its growth mix
The company operates independently without any subsidiaries, associate enterprises, or joint venture holdings.
06 · Reported developments
What changed operationally
The company registered a positive net profit after tax of INR 6.62 crore alongside an EPS of INR 3.61 for the quarter ended June 30, 2026.
07 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Capital allocation & funding
Finance costs for the quarter were minimal at INR 0.04 crore, indicating low debt servicing burdens.
08 · Beyond the numbers
What changed beyond the numbers
Auditor Review
The quarterly financial results were subjected to a limited review by statutory auditors M/s. Mehul Gada & Associates, who issued an unmodified review report.
Board Approval
The unaudited financial statements for Q1 FY27 were reviewed by the audit committee and approved by the board of directors during their meeting on July 30, 2026.
09 · Key Q&A
The quarter, answered directly
What does Vinyl Chemicals (India) do?
Vinyl Chemicals (India) Limited operates as a specialized chemical trading enterprise, serving as an important link in domestic distribution.
What is the clearest takeaway from Q1 FY27?
Vinyl Chemicals (India) Limited reported a total income of INR 105.92 crore for the first quarter of fiscal year 2027, driven by revenue from operations of INR 99.64 crore and other income of INR 6.28 crore.
What drove revenue or demand?
Revenue from operations of INR 99.64 crore was realized entirely through the company's single primary reportable segment of trading in chemicals.
What mattered most for margins or profitability?
The company incurred INR 165.75 crore on the purchase of traded goods during the quarter, which was modulated by a substantial inventory change.
What changed operationally beyond the headline numbers?
The company operates independently without any subsidiaries, associate enterprises, or joint venture holdings.
What should the next disclosure help confirm?
Monitor subsequent quarterly filings and board meetings for updates on chemical trading volumes, foreign exchange impacts, and profitability trends.
10 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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11 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Upcoming Financial Disclosures: Monitor subsequent quarterly filings and board meetings for updates on chemical trading volumes, foreign exchange impacts, and profitability trends.
- 02
Subsequent Quarter Filings: Monitor upcoming quarterly disclosures for sequential performance trends in trading revenue and inventory adjustments.
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