Vinati Organics , a leading specialty chemicals manufacturer, has reported a robust financial performance for the second quarter, alongside a significant expansion in its production capacity.

Financial Highlights

The company delivered solid quarterly results with consolidated net profit rising to ₹1.15 billion from ₹1.04 billion year-over-year, marking a 10.6% increase. Revenue saw a modest growth, increasing to ₹5.50 billion compared to ₹5.42 billion in the same period last year.

One of the standout aspects of Vinati Organics' Q2 performance was the substantial improvement in operational efficiency. EBITDA grew significantly to ₹1.67 billion from ₹1.34 billion, while the EBITDA margin expanded impressively to 30.42% from 24.17% year-over-year.

Capacity Expansion

Vinati Organics disclosed the completion of Phase 1 of its Acrylamide Tertiary-Butyl Sulfonic Acid (ATBS) capacity expansion project. The expanded plant has commenced commercial operations, increasing the company's ATBS production capacity by 10,000 metric tonnes per annum.

This expansion is strategically important as it positions Vinati Organics to better cater to the growing global demand for ATBS, reduce order backlogs, and support the company's growth trajectory.

Management Changes

The company also announced changes in its key managerial personnel:

• Mr. N. K. Goyal, the Chief Financial Officer, has retired effective November 5, upon reaching the age of superannuation.
• Mr. Gulshan Kumar Sakhuja has been appointed as the new Chief Financial Officer, effective November 6.

Mr. Sakhuja, aged 46, brings over two decades of professional experience to the role. He has been associated with Vinati Organics since December and has played a crucial role in implementing SAP S/4HANA Cloud in the organization. His expertise spans various financial functions, including auditing, taxation, internal financial controls, budgeting, and risk management.

Looking Ahead

With the combination of strong financial performance, increased production capacity, and strategic management changes, Vinati Organics appears well-positioned for continued growth. The expansion of ATBS production capacity, in particular, is expected to play a significant role in meeting market demand and potentially driving future revenue growth.

As the company moves forward, investors and industry observers will likely be watching closely to see how these developments translate into long-term value creation and market positioning for Vinati Organics in the specialty chemicals sector.

Vinati Organics , a leading manufacturer of specialty chemicals, has announced a significant change in its top management. The company's Board of Directors has approved the retirement of N.K. Goyal as Chief Financial Officer (CFO) and the appointment of Gulshan Kumar Sakhuja as his successor, effective November 6, 2025.

Key Management Changes

• Retirement: N.K. Goyal will superannuate on November 5, 2025, concluding his tenure as CFO at the close of business hours on that day.
• New Appointment: Gulshan Kumar Sakhuja will take over as the new CFO, effective November 6, 2025.

About the New CFO

Gulshan Kumar Sakhuja, aged 46, brings a wealth of experience to his new role:

• Education: B.Com (Hons) from Delhi University and a Chartered Accountant
• Professional Experience: Over two decades in the field
• Association with Vinati Organics: Since December 2024
• Key Achievements: Successfully implemented SAP S/4HANA Cloud in the organization

Sakhuja's Expertise

Sakhuja's areas of oversight include:

• Auditing
• Direct and Indirect Taxation
• Internal Financial Controls
• MIS and Budgeting
• Cash Flow and Treasury Operations
• Capital Allocation
• Working Capital Management
• Risk Management
• Finalization of Accounts

His past experience encompasses corporate finance, business planning, acquisitions, fundraising, and strategic analysis. Sakhuja's immediate previous role was with HEG Limited, a flagship company of the LNJ Bhilwara Group, where he served as Chief Financial Officer.

Corporate Governance Update

In line with regulatory requirements, Vinati Organics has updated its list of Key Managerial Personnel authorized to determine the materiality of events or information:

This management transition comes as Vinati Organics continues to strengthen its position in the specialty chemicals market. The company's strategic appointment of Sakhuja, with his extensive experience in financial management and corporate strategy, signals its commitment to maintaining strong financial leadership and governance.