अApnaFunda

VINYAS INNOVATIVE TECH. LTD (VINYAS)

Electronic Technology

Newly listed or thinly covered: fundamentals appear here once there is enough reported history. Prices and market cap are up to date.

Momentum #8
Momentum scoreHow strong the recent trend is: 3-month price change, 12-month improvement in earnings and the rise in FII + DII holding, among companies above ₹500 cr.92 / 100
Price 92FII/DII 93
Share Price
₹1472.50
P/E
60.0x
Market Cap
₹1867 cr
Revenue (TTM)
₹514 cr
P/S
3.6x
P/B
7.9x
ROE
13.2%
Debt / Equity
0.6x
Promoter Holding
29.4%
12M Momentum
25.9%

52-week range

₹809.00₹1730.00
72% of the way from its 52-week low to its high

Price risk

1Y volatility
47.5%
Beta vs sector
1-year daily
0.85

Balance sheet & cash

Interest cover
operating profit ÷ interest
3.6x

What is the price implying?

~29%annual earnings growth implied by the price

At a P/E of 60.0x, the price would imply about 28.7%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Fewer than six years of annual earnings are available, which is too little to measure delivered growth.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Electronic Technology The market-wide Expectations lists

What changed?

  1. Aug '26Volume reached 15.5x its 50-day median on 2026-08-17; price -3.8% that day.
  2. Jun '26Regained the 2025-07 peak, 3 months after the low.
  3. Jun '26FII + DII holding rose 3.0 pts over 2 quarters to 7.0%.
  4. Jun '26Volume reached 15.2x its 50-day median on 2026-06-05; price +12.9% that day.
  5. Mar '26Fell 42% from the Jul 2025 peak to the Mar 2026 low.
  6. Feb '26Volume reached 9.7x its 50-day median on 2026-02-06; price -0.5% that day.
  7. Nov '25Volume reached 5.7x its 50-day median on 2025-11-18; price -2.4% that day.
  8. Jul '25Regained the 2024-07 peak, 5 months after the low.
Show 11 earlier events
  1. Jul '25Volume reached 5.0x its 50-day median on 2025-07-07; price +2.2% that day.
  2. May '25Volume reached 9.9x its 50-day median on 2025-05-06; price -0.4% that day.
  3. Feb '25Fell 56% from the Jul 2024 peak to the Feb 2025 low.
  4. Jan '25Volume reached 10.8x its 50-day median on 2025-01-21; price +0.5% that day.
  5. Dec '24Volume reached 13.0x its 50-day median on 2024-12-24; price +2.0% that day.
  6. Jul '24Volume reached 6.4x its 50-day median on 2024-07-11; price -3.4% that day.
  7. Jun '24Volume reached 11.6x its 50-day median on 2024-06-04; price -14.0% that day.
  8. May '24Regained the 2023-12 peak, 2 months after the low.
  9. Mar '24Fell 28% from the Dec 2023 peak to the Mar 2024 low.
  10. Mar '24Volume reached 7.0x its 50-day median on 2024-03-12; price -1.8% that day.
  11. Dec '23Volume reached 15.9x its 50-day median on 2023-12-13; price +20.0% that day.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Are profits backed by cash?

1 of 1 checks are within range.
Tap a check to see how it is measured.

Other income reliance10%Within range

Other income as a share of pre-tax profit (trailing twelve months): 9.5%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate—Not enough data

Not enough reported data to compute this.

Cash conversion—Not enough data

Not enough reported data to compute this.

Free cash flow—Not enough data

Not enough reported data to compute this.

Receivable days vs history—Not enough data

Not enough reported data to compute this.

Capital work in progress—Not enough data

Not enough reported data to compute this.

Payable days—Not enough data

Not enough reported data to compute this.

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

  • Over 2 years, DIIs added 3.3 pts.
  • The number of shareholders rose from 854 to 1,673 (+96%) between Mar 2024 and Mar 2026.

Holdings, Mar '26

How each group changed

GroupMar '24Mar '26Change
Promoters29.4%29.4%0.0 pts
FIIs0.0%0.5%+0.5 pts
DIIs3.2%6.5%+3.3 pts
Public and others67.3%63.6%-3.8 pts

Number of shareholders

1,673shareholders+96% since Mar '24
8541k1k2k Mar '24Jun '24Sep '24Mar '25Sep '25Mar '26
Mar '24: 854
Jun '24: 1,066
Sep '24: 1,478
Mar '25: 1,332
Sep '25: 1,551
Mar '26: 1,673
8541k1k2k Mar '24Sep '24Sep '25Mar '26
Mar '24: 854
Jun '24: 1,066
Sep '24: 1,478
Mar '25: 1,332
Sep '25: 1,551
Mar '26: 1,673

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

How rough has the ride been?

Maximum drawdown-56.0%recovered 2025-07
1-year volatility47.5%annualised
Beta vs sector index0.713-year daily, correlation 0.33
Volume spikes3last 90 sessions, 5x the 50-day median

Monthly share price

₹443₹811₹1,178₹1,546 Oct '23Jun '24Feb '25Oct '25Jun '26Oct '26
2023-10: ₹483.05
2023-11: ₹443.30
2023-12: ₹704.00
2024-01: ₹645.65
2024-02: ₹620.05
2024-03: ₹600.00
2024-04: ₹711.45
2024-05: ₹827.65
2024-06: ₹1033.00
2024-07: ₹1036.05
2024-08: ₹950.00
2024-09: ₹751.65
2024-10: ₹810.00
2024-11: ₹750.00
2024-12: ₹905.00
2025-01: ₹740.50
2025-02: ₹606.10
2025-03: ₹787.40
2025-04: ₹783.50
2025-05: ₹801.30
2025-06: ₹1295.35
2025-07: ₹1349.40
2025-08: ₹1218.70
2025-09: ₹1201.65
2025-10: ₹1170.00
2025-11: ₹1203.75
2025-12: ₹1127.75
2026-01: ₹1073.65
2026-02: ₹982.70
2026-03: ₹813.20
2026-04: ₹1145.85
2026-05: ₹1197.65
2026-06: ₹1394.65
2026-07: ₹1252.75
2026-08: ₹1545.55
2026-09: ₹1455.95
2026-10: ₹1472.50
₹443₹811₹1,178₹1,546 Oct '23Oct '24Oct '25Oct '26
2023-10: ₹483.05
2023-11: ₹443.30
2023-12: ₹704.00
2024-01: ₹645.65
2024-02: ₹620.05
2024-03: ₹600.00
2024-04: ₹711.45
2024-05: ₹827.65
2024-06: ₹1033.00
2024-07: ₹1036.05
2024-08: ₹950.00
2024-09: ₹751.65
2024-10: ₹810.00
2024-11: ₹750.00
2024-12: ₹905.00
2025-01: ₹740.50
2025-02: ₹606.10
2025-03: ₹787.40
2025-04: ₹783.50
2025-05: ₹801.30
2025-06: ₹1295.35
2025-07: ₹1349.40
2025-08: ₹1218.70
2025-09: ₹1201.65
2025-10: ₹1170.00
2025-11: ₹1203.75
2025-12: ₹1127.75
2026-01: ₹1073.65
2026-02: ₹982.70
2026-03: ₹813.20
2026-04: ₹1145.85
2026-05: ₹1197.65
2026-06: ₹1394.65
2026-07: ₹1252.75
2026-08: ₹1545.55
2026-09: ₹1455.95
2026-10: ₹1472.50

Last 90 trading days

₹1,207₹1,363₹1,519₹1,675 Jun 23Jul 20Aug 13Sep 8Oct 6Oct 30
2026-06-23: ₹1437.65
2026-06-25: ₹1425.65
2026-06-30: ₹1394.65
2026-07-02: ₹1493.80
2026-07-06: ₹1504.60
2026-07-08: ₹1404.65
2026-07-10: ₹1388.60
2026-07-14: ₹1312.10
2026-07-16: ₹1348.00
2026-07-20: ₹1286.85
2026-07-22: ₹1316.00
2026-07-24: ₹1272.75
2026-07-28: ₹1259.70
2026-07-30: ₹1206.65
2026-08-03: ₹1245.60
2026-08-05: ₹1244.75
2026-08-07: ₹1282.50
2026-08-11: ₹1373.75
2026-08-13: ₹1320.15
2026-08-17: ₹1330.55
2026-08-19: ₹1526.25
2026-08-21: ₹1611.80
2026-08-25: ₹1656.60
2026-08-27: ₹1556.80
2026-08-31: ₹1545.55
2026-09-02: ₹1537.45
2026-09-04: ₹1559.35
2026-09-08: ₹1587.50
2026-09-10: ₹1553.50
2026-09-15: ₹1477.10
2026-09-17: ₹1451.30
2026-09-21: ₹1503.40
2026-09-23: ₹1599.30
2026-09-25: ₹1527.30
2026-09-29: ₹1490.90
2026-10-01: ₹1375.15
2026-10-06: ₹1412.10
2026-10-08: ₹1444.70
2026-10-12: ₹1569.80
2026-10-14: ₹1651.20
2026-10-16: ₹1675.15
2026-10-21: ₹1536.65
2026-10-23: ₹1393.20
2026-10-27: ₹1436.55
2026-10-29: ₹1478.30
2026-10-30: ₹1472.50
₹1,207₹1,363₹1,519₹1,675 Jun 23Aug 5Sep 17Oct 30
2026-06-23: ₹1437.65
2026-06-25: ₹1425.65
2026-06-30: ₹1394.65
2026-07-02: ₹1493.80
2026-07-06: ₹1504.60
2026-07-08: ₹1404.65
2026-07-10: ₹1388.60
2026-07-14: ₹1312.10
2026-07-16: ₹1348.00
2026-07-20: ₹1286.85
2026-07-22: ₹1316.00
2026-07-24: ₹1272.75
2026-07-28: ₹1259.70
2026-07-30: ₹1206.65
2026-08-03: ₹1245.60
2026-08-05: ₹1244.75
2026-08-07: ₹1282.50
2026-08-11: ₹1373.75
2026-08-13: ₹1320.15
2026-08-17: ₹1330.55
2026-08-19: ₹1526.25
2026-08-21: ₹1611.80
2026-08-25: ₹1656.60
2026-08-27: ₹1556.80
2026-08-31: ₹1545.55
2026-09-02: ₹1537.45
2026-09-04: ₹1559.35
2026-09-08: ₹1587.50
2026-09-10: ₹1553.50
2026-09-15: ₹1477.10
2026-09-17: ₹1451.30
2026-09-21: ₹1503.40
2026-09-23: ₹1599.30
2026-09-25: ₹1527.30
2026-09-29: ₹1490.90
2026-10-01: ₹1375.15
2026-10-06: ₹1412.10
2026-10-08: ₹1444.70
2026-10-12: ₹1569.80
2026-10-14: ₹1651.20
2026-10-16: ₹1675.15
2026-10-21: ₹1536.65
2026-10-23: ₹1393.20
2026-10-27: ₹1436.55
2026-10-29: ₹1478.30
2026-10-30: ₹1472.50

Drawdown from peak

0% -28% -56% Oct '23Apr '25Oct '26 0% -28% -56% Oct '23Apr '25Oct '26
Largest drawdowns

-56.0% (2024-07 peak to 2025-02 low, recovered 2025-07)

-42.0% (2025-07 peak to 2026-03 low, recovered 2026-06)

-27.9% (2023-12 peak to 2024-03 low, recovered 2024-05)

Most recent volume spikes

2026-08-21: 11.3x the 50-day median, price +9.3% that day

2026-08-17: 15.5x the 50-day median, price -3.8% that day

2026-07-02: 5.9x the 50-day median, price +6.5% that day

Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).

Where does it rank among Electronic Technology peers?

Each cell is the company's percentile rank among its Electronic Technology peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Oct '26
Lower rank Higher rank

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Electronic Technology sector page Watch it move against Electronic Technology in the Observatory

Monthly history (37 months)
MonthP/ERevenue (TTM)ROEDebt / Equity
2026-1060.0x₹514 cr13.2%0.6x
2026-0959.4x₹514 cr13.1%0.6x
2026-0863.0x₹514 cr13.1%0.6x
2026-0751.1x₹514 cr13.1%0.6x
2026-0656.9x₹514 cr13.1%0.6x
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Methodology and data notes

Methodology

Methodology and data notes

All figures come from public exchange prices and screener.in financial statements. Quarterly and annual results are shown from 60 days after the period end, so a month never uses a result before it would plausibly have been published. Statements are the latest versions, which may include later restatements.

Sector medians, percentiles and indices use today's listed companies in the sector (survivorship bias). Prices are adjusted for splits and bonus issues; around a corporate action the fundamentals may lag the price by up to a month, and affected sections are hidden.

The return decomposition uses price = P/E × net profit ÷ share count. The reverse DCF uses a fixed 12% cost of equity, a 10-year horizon and a 15x terminal P/E, and is an illustration only. Events, flags and twins follow fixed rules and thresholds described next to each section.

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