Vineet Laboratories LtdCompany was formerly known as Ortin Laboratories Limited. Ortin Laboratories had 2 divisions – Formulations Division and API Intermediates Division. With an objective of achieving operational efficiencies and streamlining its structure, Ortin Laboratories demerged its API Intermediates Division to form resulting company, Vineet Laboratories Limited. Demerger was approved by NCLT, Hyderabad dated December 24, 2020. Equity Shares of company got listed on BSE and NSE effective June 15, 2021.
VINEETLAB trade ideas
stock telling what to dostock it, self-telling what can move except from that.
high-debt company
micro cap company
Market Cap
₹ 60.9 Cr.
Current Price
₹ 66.1
High / Low
₹ 71.8 / 38.2
Stock P/E
9.99
Book Value
₹ 37.8
Dividend Yield
0.00 %
ROCE
8.69 %
ROE
3.74 %
Face Value
₹ 10.0
Industry PE
31.1
EPS
₹ 6.63
Debt to equity
1.17
Price to book value
1.72
Debt
₹ 40.6 Cr.
EBIT
₹ 9.91 Cr.
Cash End
₹ 0.95 Cr.
Reserves
₹ 25.6 Cr.
Quick ratio
0.63
Current ratio
1.18
PEG Ratio
NPM last year
0.59 %
OPM
5.95 %
CMP / FCF
10.2
Intrinsic Value
₹ 74.2
Return on assets
1.00 %
EV / EBIT
10.1
no recommendation from me to buy or sell