āagman

Not investment advice. Data and computed figures, for information only.

Viyash Scientific Ltd

NSE: VIYASH
₹225.93
−₹7.05 (−3.03%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹10,340 Cr
CMP
₹225.93
52-wk High / Low
₹298 / 178
P/E
46.7
P/B
3.5
Book Value
₹66.6
Div Yield
0.00%
ROCE
13.0%
ROE
7.4%
Face Value
₹2
D/E
0.17

Price+9.1% over Max

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
7
/ 9
7 of 9 F-score tests passed
Graham Number
₹78
√(22.5 × EPS × book value per share)
ROIC
7.9%
vs 11.2% sector median
Cash flow to profit
1.44
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+379
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
7.4%
ROE × earnings retention ratio
ROE stability
9.1
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +1.56DII −4.22
Latest quarter vs the previous one
Cash-accrual divergence
−2.2%
of assets
Low = accruals track cash flow
Strengths
+Promoter holding rose by 8.5pp over the last year
+Piotroski F-Score of 7/9 is in the strong band (≥7)
Watch-outs
−Latest ROCE of 13% trails the sector median of 17%
−Borrowings are up 57.1% since FY2016 (312 to 490)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales333346329361390369774402792850858920946
Expenses341331307329348330674355673677683736768
Operating Profit−8152232423910046119173176184178
OPM %−2.4%4.3%6.7%8.9%10.8%10.6%12.9%11.4%15.0%20.4%20.5%20.0%18.8%
Other Income−23107−1304166−27168
Interest10131312161421152018171513
Depreciation14151516161758165659596062
Profit before tax−56−31312824164810273125112
Net Profit−35−71119642103773496679
EPS (₹)−1.40−0.340.33−0.040.260.101.780.371.272.180.881.191.51

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4436066848481,0391,1791,3621,4131,4211,3703,0073,4203,575
Expenses4255506417659141,0091,1501,3031,4091,3082,6202,7682,864
Operating Profit185643831251702121091261387653711
OPM %4.1%9.2%6.3%9.8%12.0%14.4%15.6%7.7%0.8%4.5%12.9%19.1%19.9%
Other Income48149436910011−58−6−49−13
Interest43382833333624163648866961
Depreciation32464041425151525662239234240
Profit before tax−8−14−17444599413753−138−5513349413
Net Profit−12−16−16431578210445−122−3016225267
EPS (₹)−0.70−0.78−0.5717.301.972.813.841.65−4.86−1.440.934.065.76

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital304849494950505050505087—
Reserves618989285996576376786426496072,3822,824—
Borrowings473312416305325343277365444488654490—
Other Liabilities3432655033803464243813783743891,0421,195—
Total Liabilities9081,5231,8961,3321,3781,4541,3861,4351,5171,5344,1284,596—
Fixed Assets4745866844764985775365646055922,1032,103—
CWIP392433182313311255164370—
Investments5942842823918017183380400—
Other Assets3364857515996776937378218569221,9812,422—
Total Assets9081,5231,8961,3321,3781,4541,3861,4351,5171,5344,1284,596—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity−240−745116115115311731345323
Cash from Investing Activity−157−310−1167−68−7210−94−65−6−448−84
Cash from Financing Activity179309147−57−20−43−1396732−187−123
Net Cash Flow−1−224−5280−144−1623−16115

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %8.02.01.040.09.012.016.06.0−3.00.08.013.0
ROE %———————————7.4
EPS (₹)−0.70−0.78−0.5717.301.972.813.841.65−4.86−1.440.934.06
Book Value (₹)———————————66.6
Face Value (₹)———————————2
P/E———————————46.7
Div Yield %———————————0.00
NPM %−2.4−2.6−2.333.65.46.97.63.2−9.0−2.20.56.6
OPM %4.29.06.010.012.014.016.08.00.84.513.019.0
D/E5.200.330.430.470.460.500.380.530.640.740.270.17
P/B———————————3.5

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+19.0%
5 years+20.0%
3 years+34.0%
TTM+53.0%
Compounded profit growth
10 years+28.0%
5 years+15.0%
3 years+73.0%
TTM+148.0%
Stock price CAGR
10 years+7.0%
5 years+2.0%
3 years+36.0%
Last year+8.0%
Return on equity
10 years8.0%
5 years3.0%
3 years4.0%
Last year7.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters56.25%56.25%57.24%57.28%56.50%56.15%53.86%53.02%52.79%52.79%52.61%61.31%61.31%
FIIs0.00%0.00%12.54%12.39%9.50%8.55%13.15%5.84%5.89%6.16%6.05%2.94%4.50%
DIIs27.29%27.29%6.15%4.70%4.01%4.00%3.21%2.04%2.92%7.59%12.82%7.98%3.76%
Government—————————————
Public15.48%15.48%23.34%25.04%28.35%29.31%29.17%38.60%38.00%33.29%28.36%27.67%30.34%
No. of shareholders4,8164,8166,91912,98317,91715,83462,3181,91,0921,91,8751,66,5931,58,1521,27,4461,28,367
Change since Jun 2023 (pp)
Promoters +5.06FIIs +4.50DIIs −23.53Public +14.86

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Updates on AcquisitionClosure of Trading WindowAnnouncement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingJun 2026TranscriptJun 2026PPTJun 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025RecordingNov 2025PPT

Corporate actions

As of 8 Sep 2021
8 Sep 2021DIVIDEND Dividend - Rs 0.50 Per Share—
21 Aug 2019DIVIDEND Annual General Meeting/Dividend - Rs 0.20 Per Share—
6 Apr 2018DEMERGER Scheme Of Arrangement—
20 Nov 2017DIVIDEND Interim Dividend - Re 0.20 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman