Company Overview

Vinny Overseas Limited is a prominent Indian company engaged in the manufacturing and processing of textile fabrics. Incorporated in 1992 and based in Gujarat, the company specializes in processing fabrics for Shirting, Suiting, and Dress materials through sophisticated Weaving, Dyeing, Printing, and Finishing processes. Its registered office is located in Ahmedabad, Gujarat.

The company primarily undertakes fabric processing on a job basis for clients, utilizing fabrics sourced for both export and domestic markets. At the processing stage, essential qualities and properties are imparted to grey fabrics, making them ready for use. Vinny Overseas procures grey fabric from the domestic market and dyes it according to client specifications, considering factors like fabric quality and sizing requirements. The company also engages in job-work for wholesale cloth merchants and trades in grey cloth based on customer orders.

Product Portfolio and Operations

Vinny Overseas offers a diverse range of fabrics including denims, PV blended, PC blended, polyester, rayon, and cotton fabrics. Its product offerings can be broadly categorized into Shirting Fabrics, Suiting Fabrics, Polyester Fabrics, Dress Materials, and Cotton Fabrics. The company's processing unit is equipped to handle a wide variety of fabrics such as cotton, polyester, viscose, and man-made/blended fabrics, suitable for menswear, womenswear, home furnishings, and various other applications.

For the financial year 2017-18, the company processed 3,82,87,548 meters of fabrics. Demonstrating diversification, the company has also ventured into renewable energy by setting up a 1.650 MW wind power project in Village Vandhiya, Taluka-Bhachau, District Kutch.

Export Operations and Market Reach

The company has established an international presence, exporting its products to countries including the United Arab Emirates (UAE), Sri Lanka, Iraq, Bahrain, and Panama City. Revenue from the export market constitutes approximately 6.20% of the company's total revenue. This global outreach highlights Vinny Overseas' capability to meet international quality standards while maintaining its robust domestic market position.

Market Capitalization and Financial Metrics

As of June 16, 2025, Vinny Overseas Ltd (VINNY) has a market capitalization of ₹64.67 Crore. Classified as a Small Cap company by Value Research, its stock trades on both the NSE and BSE exchanges under the symbol VINNY.

Key financial ratios include:

• PE Ratio: 12.64

• PB Ratio: 0.79

• 52-Week High: ₹6.21

• 52-Week Low: ₹1.23

Recent Financial Performance

The company has shown mixed financial performance in recent periods. Net profit rose by 225.45% to ₹3.58 Crore in the quarter ended December 2024, compared to ₹1.10 Crore in the quarter ended December 2023. Sales increased by 4.71% to ₹27.59 Crore in the quarter ended December 2024, from ₹26.35 Crore in the same period of the previous year.

For the trailing twelve months, Vinny Overseas has reported an operating revenue of ₹114.85 Cr. However, the company has experienced a negative sales growth of -5.28% over the past five years.

Corporate Governance and Leadership

The key management comprises Hiralal Parekh as Chairman and Mansi Pratik Patel as Company Secretary. The promoter brings over three decades of experience in the textile industry and is actively involved in the company's day-to-day operations, including processing, marketing, finance, and other commercial activities.

Promoter Holding stands at 36.9%, showing an increase of 0.95% over the last quarter, which suggests confidence in the company's future prospects.

Financial Health and Debt Position

Vinny Overseas maintains a strong balance sheet with a minimal debt burden. The company is nearly debt-free, with a reasonable debt-to-equity ratio of 8%, indicating good financial health. While the Return on Equity (ROE) is 11%, the company has reported a lower average ROE of 9.82% over the last three years.

The company's commitment to quality, fostering long-term client relationships, its debt-free status, and diversification into renewable energy position it as a stable entity within the competitive textile processing sector. However, investors should consider the company's subdued revenue growth and historical stock performance volatility.