Vinyas Innovative Technologies
- Market cap
- ₹ 1,762 Cr.
- P/E
- 57.9x
- P/B
- 7.79x
- 52-week range
- 809 – 1,730
- ROE
- 16%
- ROCE
- 19%
- Dividend yield
- 0%
- Debt / equity
- 0.56
- Sector
- Industrial Manufacturing
- Industry
- Industrial Products
- Listed on
- NSE SME
About
Vinyas Innovative Technologies Limited is an India-based integrated electronic manufacturing services provider. The Company is a provider of design, engineering and electronics manufacturing services catering to global original equipment manufacturers (OEM) and original design manufacturers in the electronics industry. Its electronic manufacturing services are provided as build to print (B2P) and build to specification (B2S) services for clients. The Company’s B2P solutions involve its clients providing the design for the product for which it provides agile and flexible manufacturing services. Its B2S designs and develops complex, safety-critical products across sectors. The Company offers electronics manufacturing services across diverse industry segments, delivering tailored solutions to meet the needs of OEMs and ODMs worldwide. It serves various industries such as aerospace and defense, medical, consumer, automotive, telecommunication, and industrial.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Products: 186 companies →Vinyas Innovative Technologies against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)57.9 against a typical 30.9: pricier than most peers (1st = cheapest).135th of 184
- Sales growth+67.8% against a typical +20.3% from a year earlier.27th of 147
- Profit growth+120% against a typical +9.4% from a year earlier.25th of 121
- Share price, 3 months+15.2% against a typical −3.7%.44th of 164
- Size₹ 1,761.9 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).41st of 176
Latest announcements
Exchange filings and their impact on the company.
- 91,000 warrants converted at Rs 1,100 added Rs 10.0 cr equity with trading approval now received.
Vinyas Innovative Technologies received NSE trading approval for 91,000 equity shares issued at Rs 1,100 per share on conversion of share warrants. The approval letter dated October 15, 2026 lists the shares for trading from October 16, 2026 with lock-in till April 25, 2027. Paid-up capital now stands at Rs 12.68 crore comprising 12,675,726 shares, implying about Rs 10.0 crore of fresh equity capital.
- Won Rs 40 cr domestic helicopter-helmet order equal to ~8% of annual sales, executable in 9 months.
Vinyas Innovative Technologies received a Rs 39.96 crore domestic order for supply and replacement of helicopter helmets, including shells, assembly, integration of electronics and testing. The order is to be executed in 8-9 months in the ordinary course of business. At ~8% of FY26 sales of Rs 514 crore, it supports near-term revenue and profit growth.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A- by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A- | Stable | 27 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 27 Aug 2026 | Reaffirmed | Crisil A- | — | CRISIL | ₹ 275 Cr. | |
| 25 Aug 2026 | ▲ Upgrade1 notch | Crisil BBB+ → Crisil A- | — | CRISIL | ₹ 275 Cr. | |
| 10 Aug 2026 | ▲ Outlook raised | Crisil BBB+ Outlook Stable → Positive | — | CRISIL | ₹ 200 Cr. | |
| 30 Sep 2025 | New rating | Crisil BBB+ | — | CRISIL | ₹ 200 Cr. |
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 23 Oct 2026 | Warrant conversion | Allotted | ₹ 10.01 Cr. | ₹ 1,100 | +30.36% | |
| 3 Sep 2025 | Warrants | Allotted | ₹ 150.04 Cr. | ₹ 1,100 | +30.36% |
Research by Minerva Capital Research Solutions
Our research team's work on Vinyas Innovative TechnologiesAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 28 May 2026 | Board Meeting Intimation | VINYAS INNOVATIVE TECHNOLOGIES LIMITED has informed the Exchange about Board Meeting to be held on 28-May-2026 to inter-alia consider and approve the Audited Financial results of the Company for the Yearly ended March 2026 . |
| 5 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 30 Jun 2025 | Fund Raising | To consider Fund Raising |
| 29 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
| 14 Nov 2024 | Financial Results | To consider and approve the financial results for the period ended September 30, 2024 |
| 29 May 2024 | VINYAS INNOVATIVE TECHNOLOGIES LIMITED has informed the Exchange about Board Meeting to be held on 29-May-2024 to consider and approve the Yearly Audited Financial results of the Company for the period ended March 2024 and ESOP. | Board Meeting Intimation |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 114 | 121 | 137 | 180 | 150 | 247 | 212 | 302 |
| Expenses | 104 | 110 | 124 | 161 | 133 | 223 | 191 | 263 |
| Operating Profit | 10 | 11 | 14 | 19 | 17 | 24 | 21 | 40 |
| OPM % | 9% | 9% | 10% | 11% | 11% | 10% | 10% | 13% |
| Other Income | 2 | 3 | 3 | 1 | 1 | 3 | 2 | 1 |
| Interest | 6 | 7 | 7 | 6 | 6 | 7 | 8 | 8 |
| Depreciation | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 4 |
| Profit before tax | 4 | 6 | 8 | 13 | 8 | 17 | 13 | 30 |
| Tax % | 28% | 26% | 27% | 26% | 17% | 27% | 26% | 27% |
| Net Profit | 3 | 4 | 6 | 10 | 7 | 12 | 9 | 22 |
| EPS in Rs | — | — | 6.08 | 7.71 | 5.58 | 9.86 | 7.42 | 17.11 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 20%
- 3 Years
- 30%
- TTM
- 30%
- 10 Years
- —
- 5 Years
- 90%
- 3 Years
- 61%
- TTM
- 57%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 15%
- 3 Years
- 16%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Vinyas Innovative Technologies | ₹ 1,434.00 | ₹ 1,762 Cr. | 57.9x | 7.8x | 16% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 139x | 27.6x | 21% | 12.1% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
Management
- Narendra Narayanan
- Managing Director
- Meera Narendra
- Whole-Time Director (Promoter)
- Thirunarayanapuram Ramachari Srinivasan
- Whole-Time Director (Promoter)
- Narendra Sumukh
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.