Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹17 Cr.
Stock P/E
43.8
P/B
1
Current Price
₹18.5
Book Value
₹ 17.7
Face Value
5
52W High
₹27.9
52W Low
₹ 15.4
Dividend Yield
0%

Vivid Global Inds. Overview

Business

Vivid Global Industries Ltd. (formerly Vivid Chemicals Ltd.) is engaged in the manufacturing and trading of specialty chemicals. Its core business revolves around producing dyestuff and dye intermediates, which are crucial components used in various industries. These include textiles, paper, leather, plastic, and paints. The company operates on a B2B model, generating revenue by manufacturing these chemical products and supplying them to industrial clients.

Revenue Mix

The company's primary business segment is the Dyestuff and Dye Intermediates division. While specific revenue breakdowns for sub-segments are not readily available in public domain for a company of this size, its operations are largely concentrated on these core chemical product lines that find applications across multiple industrial uses.

Industry

The Indian chemicals sector, especially the dyestuff and specialty chemicals segment, is fragmented and competitive, comprising both large integrated players and numerous smaller, niche manufacturers. Vivid Global Industries Ltd. operates as a smaller to mid-sized player within this landscape. It positions itself by focusing on product quality, specialized offerings, and competitive pricing, aiming to cater to specific industrial requirements rather than being a broad-line commodity chemical producer.

MOAT

Vivid Global Industries Ltd. does not exhibit strong, traditional moats such as significant brand equity or extensive network effects. Its potential competitive advantages are more operational and relationship-based:

Specialized Product Know-how: Expertise in specific dyestuff and dye intermediate formulations, allowing for tailored solutions.

Customer Relationships: Established, long-term relationships with industrial clients, built on consistent product quality and reliable supply.

Operational Efficiency: Potential for cost advantages through optimized manufacturing processes within its specific niches.

Growth Drivers

Growth in End-User Industries: Increased demand from key client sectors like textiles, paper, leather, and plastics, both within India and in export markets.

Shift Towards Specialty Chemicals: Global and domestic trends favoring value-added specialty chemicals, which command better pricing and margins compared to basic commodities.

"China Plus One" Strategy: Potential for increased export orders as global manufacturers diversify their supply chains away from China.

Product Diversification/Innovation: Introduction of new or improved dyestuff and intermediates to serve evolving market needs or expand into new segments.

Risks

Raw Material Price Volatility: Significant fluctuations in the prices of crude oil derivatives and other key chemical inputs can impact manufacturing costs and profit margins.

Environmental Regulations: Stringent and evolving environmental protection laws and compliance costs specific to the chemical industry can lead to increased operational expenses or production disruptions.

Intense Competition: Price wars or market share erosion from larger, more integrated players or new entrants in the domestic and international markets.

Economic Downturns: A slowdown in the global or domestic economy can reduce industrial demand for dyestuff and intermediates, affecting sales volumes.

Currency Fluctuations: Affecting the cost of imported raw materials and competitiveness of exports.

Management & Ownership

The company is promoted by a group with established presence in the chemical industry. The promoter holding in Vivid Global Industries Ltd. is notably high (typically around 70-75%), which is common in smaller Indian enterprises and suggests strong management control and alignment with the company's long-term objectives. The management team generally possesses experience within the chemicals manufacturing sector.

Outlook

Vivid Global Industries operates in the dynamic specialty chemicals sector, particularly focusing on dyestuff and dye intermediates. The company's future prospects are intrinsically linked to the growth of its industrial end-user sectors and its capacity to efficiently manage input costs and navigate the evolving regulatory landscape. Potential tailwinds include the global "China Plus One" diversification strategy and sustained domestic industrial growth. However, the company faces inherent industry challenges such as intense competition, volatile raw material prices, and the continuous need for investment in compliant and efficient manufacturing processes. A balanced perspective suggests that the company has the potential for steady growth, driven by specialized offerings and industrial demand, but this growth will be tempered by the sector's intrinsic risks and competitive pressures.

Vivid Global Inds. Share Price

Live · BSE · Inception: 1987
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Vivid Global Inds. Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 10 13 7 8 13 11 14 15 15 15
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 10 13 7 8 13 11 14 15 15 15
Total Expenditure 10 13 7 7 13 10 13 14 14 15
Operating Profit 0 0 0 0 0 0 1 1 1 0
Interest 0 0 0 0 0 0 0 0 1 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 0 0 0 0 0
Provision for Tax -0 0 0 0 0 0 0 0 0 0
Profit After Tax 0 0 0 0 0 0 0 0 0 0
Adjustments 0 0 0 0 0 0 -0 0 0 0
Profit After Adjustments 0 0 0 0 0 0 0 0 0 0
Adjusted Earnings Per Share 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.3 0.1

Vivid Global Inds. Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 28 27 36 48 61 59 48 46 36 35 41 59
Other Income 0 0 0 0 0 0 1 0 1 0 0 0
Total Income 28 27 36 48 62 59 49 47 37 35 42 59
Total Expenditure 26 25 33 43 56 55 46 44 36 33 40 56
Operating Profit 2 2 3 5 6 4 3 3 1 2 2 3
Interest 0 0 0 1 1 1 0 0 0 1 1 1
Depreciation 0 0 0 0 1 1 1 1 1 1 1 0
Exceptional Income / Expenses -0 0 -0 -0 -0 -1 0 0 0 -0 -0 0
Profit Before Tax 1 1 2 4 5 2 2 2 -0 0 1 0
Provision for Tax 0 1 1 1 1 1 1 0 0 0 0 0
Profit After Tax 1 1 2 3 3 1 1 1 -0 0 0 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 1 2 3 3 1 1 1 -0 0 0 0
Adjusted Earnings Per Share 1 1.1 2 3 3.7 0.9 1.6 1.6 -0.2 0.2 0.4 0.8

Vivid Global Inds. Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 4 5 6 8 11 12 14 15 15 15 15
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 1 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 1 1 1 1 1 1 1
Total Current Liabilities 9 9 12 19 18 16 20 15 12 13 14
Total Liabilities 14 15 19 28 30 29 34 31 28 29 30
Fixed Assets 2 4 6 6 7 7 6 6 5 5 4
Other Non-Current Assets 0 0 0 0 1 1 1 1 1 1 1
Total Current Assets 12 11 13 21 22 22 27 24 21 23 24
Total Assets 14 15 19 28 30 29 34 31 28 29 30

Vivid Global Inds. Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 3 2 2 3 3 3 5 6 3 3 4
Cash Flow from Operating Activities -0 4 4 2 3 3 1 -3 2 0 2
Cash Flow from Investing Activities -0 -2 -2 -1 -1 -0 -0 -1 -0 -0 -0
Cash Flow from Financing Activities -0 -1 -0 -1 -1 -1 0 1 -2 1 -2
Net Cash Inflow / Outflow -1 -0 1 0 0 2 1 -2 -0 1 -0
Closing Cash & Cash Equivalent 2 2 3 3 3 5 6 3 3 4 4

Vivid Global Inds. Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.97 1.07 1.98 2.96 3.72 0.95 1.62 1.55 -0.21 0.2 0.42
CEPS(Rs) 1.09 1.21 2.38 3.49 4.34 1.73 2.43 2.37 0.65 1.06 1.24
DPS(Rs) 0.25 0.38 0.5 0.5 0.25 0.25 0.2 0 0 0 0
Book NAV/Share(Rs) 3.74 4.47 5.84 8.2 11.31 12.26 13.89 15.24 15.03 15.23 15.65
Core EBITDA Margin(%) 6.07 6.84 7.64 9.84 9.09 6.02 5.41 5.92 1.74 3.29 3.4
EBIT Margin(%) 5.82 7.35 7.96 9.54 8.86 4.14 5.53 5.15 1.11 2.32 2.72
Pre Tax Margin(%) 4.3 5.59 6.69 8.09 7.67 2.71 4.59 4.08 -0.08 0.59 1.29
PAT Margin (%) 3.14 3.67 5.02 5.62 5.54 1.48 3.07 3.06 -0.52 0.53 0.94
Cash Profit Margin (%) 3.5 4.16 6.02 6.63 6.47 2.69 4.59 4.68 1.64 2.79 2.73
ROA(%) 5.65 6.66 10.54 11.42 11.74 2.93 4.68 4.36 -0.64 0.64 1.32
ROE(%) 28.63 26.41 38.39 42.16 38.12 8.05 12.43 10.65 -1.36 1.32 2.74
ROCE(%) 31.13 36.52 46.36 55.53 50.08 19.4 19.51 14.7 2.37 4.75 6.48
Receivable days 42.21 50.4 48.49 52.25 52.16 47.93 73.56 84.78 77.76 70.85 72.01
Inventory Days 85.96 66.52 35.94 39.87 41.23 49.66 61.56 71.22 111.28 120.1 92.08
Payable days 135.12 121.43 110.11 116.03 99.49 102.94 157.64 151.76 135.08 137.92 118.15
PER(x) 5.55 7.58 20.6 16.03 10.84 11.97 11.05 20.42 0 80.65 32.1
Price/Book(x) 1.45 1.81 6.98 5.79 3.56 0.93 1.29 2.08 1.2 1.06 0.87
Dividend Yield(%) 4.62 4.69 1.23 1.05 0.62 2.2 1.11 0 0 0 0
EV/Net Sales(x) 0.18 0.26 1.01 0.88 0.58 0.13 0.26 0.63 0.43 0.41 0.25
EV/Core EBITDA(x) 2.97 3.36 11.24 8.32 5.93 1.96 3.65 9.38 13.27 8.82 5.56
Net Sales Growth(%) 0.12 -3.2 35.27 33.55 27.34 -4.36 -17.59 -4.13 -21.78 -4.56 19.34
EBIT Growth(%) 9.88 22.41 46.35 60.18 18.28 -55.3 10.1 -10.78 -83.18 99.94 39.96
PAT Growth(%) 10.75 13 84.98 49.47 25.62 -74.5 71.33 -4.59 -113.3 197.01 111.38
EPS Growth(%) 10.76 9.81 84.98 49.47 25.62 -74.5 71.33 -4.59 -113.3 197.04 111.35
Debt/Equity(x) 0.63 0.3 0.32 0.27 0.18 0.15 0.15 0.29 0.16 0.28 0.17
Current Ratio(x) 1.4 1.14 1.06 1.14 1.26 1.33 1.38 1.58 1.73 1.73 1.78
Quick Ratio(x) 0.68 0.77 0.76 0.77 0.86 0.78 1 0.87 0.81 0.87 1.08
Interest Cover(x) 3.85 4.17 6.3 6.55 7.42 2.89 5.87 4.81 0.93 1.34 1.91
Total Debt/Mcap(x) 0.43 0.17 0.05 0.05 0.05 0.16 0.11 0.14 0.13 0.27 0.2

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +17% -4% -7% +4%
Operating Profit CAGR 0% -13% -13% 0%
PAT CAGR — -100% -100% -100%
Share Price CAGR +11% -3% -9% -6%
ROE Average +3% +1% +5% +19%
ROCE Average +6% +5% +10% +26%

Vivid Global Inds. Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 48.8 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 51.2 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 48.848.848.848.848.848.848.848.848.848.8
FII 0000000000
DII 0000000000
Public 51.251.251.251.251.251.251.251.251.251.2
Others 0000000000
Total 100100100100100100100100100100

Vivid Global Inds. Peer Comparison

Chemicals Edit Columns

Vivid Global Inds. Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Vivid Global Inds. Pros & Cons

Pros

  • Debtor days have improved from 137.92 to 118.15days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 48.8%.
  • Company has a low return on equity of 1% over the last 3 years.
  • The company has delivered a poor profit growth of -100% over past five years.
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