Vipul Ltd.
•₹ 15.761.94%
2026-08-21
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 9.56x)
- Company generates healthy free cash flow
- Company maintains a comfortable, low leverage position
CONS
- Company is loss-making at the operating / net level
- Recent results are weak - TTM profit is down 366.7% versus prior year
- Receivables are growing faster than sales - a possible quality concern
- Promoter holding has decreased over last 2 years: -33.3pp
- Company has a low return on equity of 2.0% over last 3 years
- Interest coverage is weak at -0.0x - earnings barely cover interest
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | DLF | 667.10 | 37.14 | 165128.04 | 1.20 | 793.90 | -89.59 | 1280.34 | -52.87 | 6.81 | 49.68 |
| 2. | LODHA | 1206.00 | 29.21 | 120500.93 | 0.35 | 1373.10 | 103.39 | 4996.70 | 43.10 | 16.89 | 38.51 |
| 3. | PHOENIXLTD | 1915.15 | 53.51 | 68497.97 | 0.13 | 394.51 | 22.95 | 1074.94 | 12.80 | 13.70 | 59.77 |
| 4. | PRESTIGE | 1575.00 | 59.57 | 67840.01 | 0.13 | 271.40 | -12.87 | 2675.10 | 15.94 | 11.51 | 31.75 |
| 5. | OBEROIRLTY | 1859.00 | 25.70 | 67593.66 | 0.43 | 543.51 | 29.02 | 1300.89 | 31.73 | 17.69 | 56.75 |
| 6. | GODREJPROP | 1994.95 | 37.55 | 60093.18 | 0.50 | 349.38 | -41.61 | 506.17 | 16.48 | 8.37 | -57.98 |
| 7. | ANANTRAJ | 631.25 | 39.26 | 22717.23 | 0.16 | 149.19 | 18.50 | 631.40 | 6.58 | 12.23 | 29.53 |
| 8. | BRIGADE | 586.05 | 27.51 | 19120.43 | 0.26 | 216.94 | 37.35 | 1115.55 | -12.93 | 11.02 | 32.33 |
| 9. | ABREL | 1395.75 | 0.00 | 15589.92 | 0.18 | -34.59 | -27.73 | 188.85 | 30.95 | -4.54 | -30.02 |
| 10. | SOBHA | 1274.40 | 59.10 | 13630.20 | 0.47 | 50.85 | 273.37 | 1278.15 | 50.03 | 6.96 | 6.07 |
| 11. | SIGNATURE | 785.75 | 10.59 | 11054.40 | 0.00 | -16.53 | -148.00 | 551.99 | -36.24 | 5.56 | -8.10 |
| 12. | VIPULLTD | 15.17 | 0.00 | 213.84 | 0.00 | 1.21 | -67.70 | 9.19 | -18.38 | -0.70 | -14.58 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | 8 | 5 | 6 | 134 | 24 | 15 | 15 | 11 | 40 | 2 | 8 | 9 | |
| 10 | 68 | 11 | 10 | 56 | 11 | 12 | 10 | 8 | 63 | 14 | 11 | 11 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 3 | 2 | 2 | 13 | 214 | 2 | 3 | 3 | 5 | 12 | 3 | 3 |
| Interest | 10 | 8 | 10 | 6 | 9 | -4 | 3 | 6 | 0 | 13 | 1 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| -12 | -66 | -14 | -7 | 82 | 230 | 2 | 2 | 5 | -31 | -1 | 0 | 1 | |
| Tax % | -0.00% | -0.00% | -0.00% | -0.00% | 22.13% | 11.40% | 0.00% | 0.00% | 0.00% | -0.00% | -0.00% | 0.00% | 0.00% |
| Net Profit | -12 | -66 | -14 | -7 | 64 | 204 | 2 | 2 | 5 | -31 | -1 | 0 | 1 |
| -1 | -5 | -1 | -1 | 5 | 17 | 0 | 0 | 0 | -2 | -0 | 0 | 0 | |
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Dec 2022
- 5
- 10
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 10
- Depreciation
- 0
- -12
- Tax %
- -0.00%
- Net Profit
- -12
- -1
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2023
- 8
- 68
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 8
- Depreciation
- 0
- -66
- Tax %
- -0.00%
- Net Profit
- -66
- -5
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2023
- 5
- 11
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 10
- Depreciation
- 0
- -14
- Tax %
- -0.00%
- Net Profit
- -14
- -1
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 6
- 10
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 6
- Depreciation
- 0
- -7
- Tax %
- -0.00%
- Net Profit
- -7
- -1
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 134
- 56
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 9
- Depreciation
- 0
- 82
- Tax %
- 22.13%
- Net Profit
- 64
- 5
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 24
- 11
- Operating Profit
- —
- OPM %
- —
- Other Income
- 214
- Interest
- -4
- Depreciation
- 0
- 230
- Tax %
- 11.40%
- Net Profit
- 204
- 17
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 15
- 12
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 3
- Depreciation
- 0
- 2
- Tax %
- 0.00%
- Net Profit
- 2
- 0
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 15
- 10
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 6
- Depreciation
- 0
- 2
- Tax %
- 0.00%
- Net Profit
- 2
- 0
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 11
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 0
- 5
- Tax %
- 0.00%
- Net Profit
- 5
- 0
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 40
- 63
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 13
- Depreciation
- 0
- -31
- Tax %
- -0.00%
- Net Profit
- -31
- -2
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 2
- 14
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 1
- Depreciation
- 0
- -1
- Tax %
- -0.00%
- Net Profit
- -1
- -0
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 8
- 11
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 0.00%
- Net Profit
- 0
- 0
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 9
- 11
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 0.00%
- Net Profit
- 1
- 0
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 179 | 226 | 269 | 216 | 161 | 36 | 122 | 38 | 170 | 81 | 59 | |
| 166 | 206 | 238 | 187 | 187 | 88 | 143 | 111 | 89 | 93 | 99 | |
| Operating Profit | 24 | 26 | 38 | 33 | -1 | -41 | -11 | -64 | 313 | 1 | — |
| OPM % | 13 | 12 | 14 | 16 | -1 | -114 | -9 | -168 | 184 | 1 | — |
| Other Income | 11 | 5 | 7 | 5 | 24 | 11 | 9 | 9 | 232 | 13 | 23 |
| Interest | 22 | 25 | 32 | 31 | 29 | 26 | 23 | 36 | 20 | 22 | 14 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 |
| 1 | -0 | 6 | 2 | -31 | -67 | -35 | -195 | 292 | -22 | -31 | |
| Tax % | 6 | -150 | 56 | 6 | 12 | 26 | 20 | 0 | 15 | 0 | 0 |
| Net Profit | 1 | -1 | 3 | 1 | -27 | -49 | -28 | -195 | 247 | -22 | -31 |
| EPS | 0 | 0 | 0 | 0 | -2 | -4 | -2 | -16 | 21 | -2 | — |
| Dividend Payout % | 0 | -88 | 24 | 42 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | -0 | 0 | 0 | -2 | -4 | -2 | -16 | 21 | -2 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | -0 | 0 | 0 | -2 | -4 | -2 | -16 | 21 | -2 | — |
Mar 2016
- 179
- 166
- Operating Profit
- 24
- OPM %
- 13
- Other Income
- 11
- Interest
- 22
- Depreciation
- 1
- 1
- Tax %
- 6
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2017
- 226
- 206
- Operating Profit
- 26
- OPM %
- 12
- Other Income
- 5
- Interest
- 25
- Depreciation
- 1
- -0
- Tax %
- -150
- Net Profit
- -1
- EPS
- 0
- Dividend Payout %
- -88
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2018
- 269
- 238
- Operating Profit
- 38
- OPM %
- 14
- Other Income
- 7
- Interest
- 32
- Depreciation
- 1
- 6
- Tax %
- 56
- Net Profit
- 3
- EPS
- 0
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2019
- 216
- 187
- Operating Profit
- 33
- OPM %
- 16
- Other Income
- 5
- Interest
- 31
- Depreciation
- 1
- 2
- Tax %
- 6
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 42
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2020
- 161
- 187
- Operating Profit
- -1
- OPM %
- -1
- Other Income
- 24
- Interest
- 29
- Depreciation
- 1
- -31
- Tax %
- 12
- Net Profit
- -27
- EPS
- -2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
Mar 2021
- 36
- 88
- Operating Profit
- -41
- OPM %
- -114
- Other Income
- 11
- Interest
- 26
- Depreciation
- 1
- -67
- Tax %
- 26
- Net Profit
- -49
- EPS
- -4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
Mar 2022
- 122
- 143
- Operating Profit
- -11
- OPM %
- -9
- Other Income
- 9
- Interest
- 23
- Depreciation
- 0
- -35
- Tax %
- 20
- Net Profit
- -28
- EPS
- -2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
Mar 2023
- 38
- 111
- Operating Profit
- -64
- OPM %
- -168
- Other Income
- 9
- Interest
- 36
- Depreciation
- 0
- -195
- Tax %
- 0
- Net Profit
- -195
- EPS
- -16
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -16
Mar 2024
- 170
- 89
- Operating Profit
- 313
- OPM %
- 184
- Other Income
- 232
- Interest
- 20
- Depreciation
- 1
- 292
- Tax %
- 15
- Net Profit
- 247
- EPS
- 21
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
Mar 2025
- 81
- 93
- Operating Profit
- 1
- OPM %
- 1
- Other Income
- 13
- Interest
- 22
- Depreciation
- 1
- -22
- Tax %
- 0
- Net Profit
- -22
- EPS
- -2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
TTM
- 59
- 99
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 14
- Depreciation
- 1
- -31
- Tax %
- 0
- Net Profit
- -31
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- -10%
- 5 Years:
- -13%
- 3 Years:
- -13%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- -14%
- 5 Years:
- -12%
- 3 Years:
- 0%
- 1 Year:
- 57%
RETURN ON EQUITY
- 10 Years:
- -2%
- 5 Years:
- -3%
- 3 Years:
- 2%
- Last Year:
- -6%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 14 |
| 399 | 390 | 392 | 392 | 364 | 315 | 288 | 94 | 341 | 367 | |
| 183 | 174 | 243 | 125 | 302 | 527 | 492 | 183 | 164 | 76 | |
| Trade Payables | 33 | 29 | 38 | 53 | 64 | 82 | 81 | 57 | 53 | 45 |
| 510 | 597 | 723 | 960 | 883 | 658 | 665 | 711 | 682 | 689 | |
| Total Liabilities | 1,137 | 1,202 | 1,408 | 1,541 | 1,625 | 1,594 | 1,539 | 1,057 | 1,253 | 1,191 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 8 | 8 | 7 | 7 | 4 | 4 | 3 | 3 | 4 | 3 | |
| 24 | 24 | 24 | 24 | 24 | 24 | 24 | 11 | 11 | 10 | |
| 400 | 410 | 537 | 604 | 641 | 650 | 575 | 400 | 406 | 410 | |
| 0 | 0 | 0 | 329 | 0 | 0 | 0 | 0 | 248 | 272 | |
| Cash & Bank | 19 | 16 | 14 | 4 | 17 | 58 | 41 | 19 | 48 | 32 |
| 687 | 744 | 826 | 573 | 940 | 859 | 895 | 623 | 536 | 464 | |
| Total Assets | 1,137 | 1,202 | 1,408 | 1,541 | 1,625 | 1,594 | 1,539 | 1,057 | 1,253 | 1,191 |
| Total Debt | 295 | 432 | 638 | 624 | 616 | 607 | 576 | 239 | 173 | 85 |
| Net Working Capital | 497 | 546 | 644 | 650 | 532 | 228 | 156 | 41 | 219 | 263 |
| Contingent Liabilities | 205 | 100 | 105 | 123 | 122 | 136 | 144 | 501 | 476 | 433 |
| Book Value per Share | 34.23 | 33.47 | 33.64 | 33.68 | 31.37 | 27.28 | 25.00 | 8.79 | 29.44 | 27.06 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 295 | 432 | 638 | 624 | 616 | 607 | 576 | 239 | 173 | 85 |
| Net Working Capital | 497 | 546 | 644 | 650 | 532 | 228 | 156 | 41 | 219 | 263 |
| Contingent Liabilities | 205 | 100 | 105 | 123 | 122 | 136 | 144 | 501 | 476 | 433 |
| Book Value per Share | 34.23 | 33.47 | 33.64 | 33.68 | 31.37 | 27.28 | 25.00 | 8.79 | 29.44 | 27.06 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2016
- Equity Capital
- 12
- 399
- 183
- Trade Payables
- 33
- 510
- Total Liabilities
- 1,137
- 8
- 24
- 400
- 0
- Cash & Bank
- 19
- 687
- Total Assets
- 1,137
- Total Debt
- 295
- Net Working Capital
- 497
- Contingent Liabilities
- 205
- Book Value per Share
- 34.23
- Face Value
- 1.00
- Total Debt
- 295
- Net Working Capital
- 497
- Contingent Liabilities
- 205
- Book Value per Share
- 34.23
- Face Value
- 1.00
Mar 2017
- Equity Capital
- 12
- 390
- 174
- Trade Payables
- 29
- 597
- Total Liabilities
- 1,202
- 8
- 24
- 410
- 0
- Cash & Bank
- 16
- 744
- Total Assets
- 1,202
- Total Debt
- 432
- Net Working Capital
- 546
- Contingent Liabilities
- 100
- Book Value per Share
- 33.47
- Face Value
- 1.00
- Total Debt
- 432
- Net Working Capital
- 546
- Contingent Liabilities
- 100
- Book Value per Share
- 33.47
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 12
- 392
- 243
- Trade Payables
- 38
- 723
- Total Liabilities
- 1,408
- 7
- 24
- 537
- 0
- Cash & Bank
- 14
- 826
- Total Assets
- 1,408
- Total Debt
- 638
- Net Working Capital
- 644
- Contingent Liabilities
- 105
- Book Value per Share
- 33.64
- Face Value
- 1.00
- Total Debt
- 638
- Net Working Capital
- 644
- Contingent Liabilities
- 105
- Book Value per Share
- 33.64
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 12
- 392
- 125
- Trade Payables
- 53
- 960
- Total Liabilities
- 1,541
- 7
- 24
- 604
- 329
- Cash & Bank
- 4
- 573
- Total Assets
- 1,541
- Total Debt
- 624
- Net Working Capital
- 650
- Contingent Liabilities
- 123
- Book Value per Share
- 33.68
- Face Value
- 1.00
- Total Debt
- 624
- Net Working Capital
- 650
- Contingent Liabilities
- 123
- Book Value per Share
- 33.68
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 12
- 364
- 302
- Trade Payables
- 64
- 883
- Total Liabilities
- 1,625
- 4
- 24
- 641
- 0
- Cash & Bank
- 17
- 940
- Total Assets
- 1,625
- Total Debt
- 616
- Net Working Capital
- 532
- Contingent Liabilities
- 122
- Book Value per Share
- 31.37
- Face Value
- 1.00
- Total Debt
- 616
- Net Working Capital
- 532
- Contingent Liabilities
- 122
- Book Value per Share
- 31.37
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 12
- 315
- 527
- Trade Payables
- 82
- 658
- Total Liabilities
- 1,594
- 4
- 24
- 650
- 0
- Cash & Bank
- 58
- 859
- Total Assets
- 1,594
- Total Debt
- 607
- Net Working Capital
- 228
- Contingent Liabilities
- 136
- Book Value per Share
- 27.28
- Face Value
- 1.00
- Total Debt
- 607
- Net Working Capital
- 228
- Contingent Liabilities
- 136
- Book Value per Share
- 27.28
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 12
- 288
- 492
- Trade Payables
- 81
- 665
- Total Liabilities
- 1,539
- 3
- 24
- 575
- 0
- Cash & Bank
- 41
- 895
- Total Assets
- 1,539
- Total Debt
- 576
- Net Working Capital
- 156
- Contingent Liabilities
- 144
- Book Value per Share
- 25.00
- Face Value
- 1.00
- Total Debt
- 576
- Net Working Capital
- 156
- Contingent Liabilities
- 144
- Book Value per Share
- 25.00
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 12
- 94
- 183
- Trade Payables
- 57
- 711
- Total Liabilities
- 1,057
- 3
- 11
- 400
- 0
- Cash & Bank
- 19
- 623
- Total Assets
- 1,057
- Total Debt
- 239
- Net Working Capital
- 41
- Contingent Liabilities
- 501
- Book Value per Share
- 8.79
- Face Value
- 1.00
- Total Debt
- 239
- Net Working Capital
- 41
- Contingent Liabilities
- 501
- Book Value per Share
- 8.79
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 12
- 341
- 164
- Trade Payables
- 53
- 682
- Total Liabilities
- 1,253
- 4
- 11
- 406
- 248
- Cash & Bank
- 48
- 536
- Total Assets
- 1,253
- Total Debt
- 173
- Net Working Capital
- 219
- Contingent Liabilities
- 476
- Book Value per Share
- 29.44
- Face Value
- 1.00
- Total Debt
- 173
- Net Working Capital
- 219
- Contingent Liabilities
- 476
- Book Value per Share
- 29.44
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 14
- 367
- 76
- Trade Payables
- 45
- 689
- Total Liabilities
- 1,191
- 3
- 10
- 410
- 272
- Cash & Bank
- 32
- 464
- Total Assets
- 1,191
- Total Debt
- 85
- Net Working Capital
- 263
- Contingent Liabilities
- 433
- Book Value per Share
- 27.06
- Face Value
- 1.00
- Total Debt
- 85
- Net Working Capital
- 263
- Contingent Liabilities
- 433
- Book Value per Share
- 27.06
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -59 | -108 | -172 | 36 | 38 | 32 | 33 | 364 | -86 | 17 | |
| Cash from Investing | 10 | 2 | 5 | 4 | 7 | 12 | 10 | 9 | 207 | 13 |
| Cash from Financing | 42 | 107 | 171 | -48 | -37 | -35 | -54 | -375 | -86 | -60 |
| -6 | 1 | 4 | -8 | 9 | 9 | -11 | -2 | 35 | -30 | |
| Free Cash Flow | -59 | -110 | -173 | 35 | 38 | 32 | 33 | 364 | -86 | 17 |
| OCF / Net Profit | -51.03 | 159.85 | -68.78 | 24.92 | -1.40 | -0.66 | -1.17 | -1.87 | -0.35 | -0.78 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -268 | -176 | -34 | 503 | 381 | 360 |
| OCF / Net Profit | -51.03 | 159.85 | -68.78 | 24.92 | -1.40 | -0.66 | -1.17 | -1.87 | -0.35 | -0.78 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -268 | -176 | -34 | 503 | 381 | 360 |
Mar 2016
- -59
- Cash from Investing
- 10
- Cash from Financing
- 42
- -6
- Free Cash Flow
- -59
- OCF / Net Profit
- -51.03
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -51.03
- Cumulative 5-Year FCF
- 0
Mar 2017
- -108
- Cash from Investing
- 2
- Cash from Financing
- 107
- 1
- Free Cash Flow
- -110
- OCF / Net Profit
- 159.85
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 159.85
- Cumulative 5-Year FCF
- 0
Mar 2018
- -172
- Cash from Investing
- 5
- Cash from Financing
- 171
- 4
- Free Cash Flow
- -173
- OCF / Net Profit
- -68.78
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -68.78
- Cumulative 5-Year FCF
- 0
Mar 2019
- 36
- Cash from Investing
- 4
- Cash from Financing
- -48
- -8
- Free Cash Flow
- 35
- OCF / Net Profit
- 24.92
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 24.92
- Cumulative 5-Year FCF
- 0
Mar 2020
- 38
- Cash from Investing
- 7
- Cash from Financing
- -37
- 9
- Free Cash Flow
- 38
- OCF / Net Profit
- -1.40
- Cumulative 5-Year FCF
- -268
- OCF / Net Profit
- -1.40
- Cumulative 5-Year FCF
- -268
Mar 2021
- 32
- Cash from Investing
- 12
- Cash from Financing
- -35
- 9
- Free Cash Flow
- 32
- OCF / Net Profit
- -0.66
- Cumulative 5-Year FCF
- -176
- OCF / Net Profit
- -0.66
- Cumulative 5-Year FCF
- -176
Mar 2022
- 33
- Cash from Investing
- 10
- Cash from Financing
- -54
- -11
- Free Cash Flow
- 33
- OCF / Net Profit
- -1.17
- Cumulative 5-Year FCF
- -34
- OCF / Net Profit
- -1.17
- Cumulative 5-Year FCF
- -34
Mar 2023
- 364
- Cash from Investing
- 9
- Cash from Financing
- -375
- -2
- Free Cash Flow
- 364
- OCF / Net Profit
- -1.87
- Cumulative 5-Year FCF
- 503
- OCF / Net Profit
- -1.87
- Cumulative 5-Year FCF
- 503
Mar 2024
- -86
- Cash from Investing
- 207
- Cash from Financing
- -86
- 35
- Free Cash Flow
- -86
- OCF / Net Profit
- -0.35
- Cumulative 5-Year FCF
- 381
- OCF / Net Profit
- -0.35
- Cumulative 5-Year FCF
- 381
Mar 2025
- 17
- Cash from Investing
- 13
- Cash from Financing
- -60
- -30
- Free Cash Flow
- 17
- OCF / Net Profit
- -0.78
- Cumulative 5-Year FCF
- 360
- OCF / Net Profit
- -0.78
- Cumulative 5-Year FCF
- 360
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.10 | -0.06 | 0.21 | 0.12 | -2.29 | -4.11 | -2.32 | -16.23 | 20.63 | -1.55 |
| Book Value (₹) | 34.23 | 33.47 | 33.64 | 33.68 | 31.37 | 27.28 | 25.00 | 8.79 | 29.44 | 27.06 |
| Dividend per Share (₹) | 0.00 | 0.05 | 0.05 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.18 | 0.04 | 0.31 | 0.20 | -2.22 | -4.07 | -2.28 | -16.20 | 20.67 | -1.50 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 13.44% | 11.54% | 14.26% | 13.25% | -0.73% | -114.47% | -9.17% | -168.14% | 47.74% | -14.80% |
| Net Margin % | 0.64% | -0.30% | 0.93% | 0.66% | -17.04% | -138.33% | -22.78% | -513.45% | 145.53% | -26.95% |
| ROE % | 0.28% | -0.17% | 0.62% | 0.35% | -7.03% | -14.03% | -8.88% | -96.07% | 107.89% | -5.96% |
| ROCE % | 3.42% | 3.25% | 3.96% | 3.14% | -0.20% | -4.30% | -1.29% | -26.02% | 71.73% | -0.02% |
| 0.11% | -0.06% | 0.19% | 0.10% | -1.73% | -3.07% | -1.78% | -15.01% | 21.43% | -1.79% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 341 | 308 | 272 | 463 | 807 | 3655 | 977 | 2152 | 400 | 1169 |
| Inventory Days | 775 | 653 | 642 | 965 | 1411 | 6604 | 1828 | 4694 | 866 | 1833 |
| Payable Days | 420 | 228 | 245 | -3996 | -2851 | -5600 | 0 | 0 | -3705 | -9109 |
| 696 | 733 | 670 | 5424 | 5070 | 15858 | 2805 | 6846 | 4970 | 12110 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.72x | 1.07x | 1.58x | 1.54x | 1.64x | 1.85x | 1.92x | 2.27x | 0.49x | 0.22x |
| Interest Coverage (x) | 1.06x | 0.99x | 1.18x | 1.05x | -0.07x | -1.62x | -0.50x | -4.42x | 15.37x | -0.00x |
| 2.08x | 2.14x | 2.17x | 1.95x | 1.60x | 1.20x | 1.13x | 1.05x | 1.24x | 1.33x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -23.49% | 26.71% | 18.89% | -19.87% | -25.36% | -77.84% | 242.85% | -68.98% | 348.28% | -52.21% |
| Operating Profit Growth % | 89.35% | 8.85% | 46.80% | -12.77% | -103.52% | -3364.92% | 72.54% | -468.87% | 590.46% | -99.81% |
| Net Profit Growth % | 117.51% | -158.94% | 468.75% | -42.83% | -2017.64% | -79.91% | 43.55% | -599.17% | 227.06% | -108.85% |
| 0.00% | 0.00% | 0.00% | -42.83% | 0.00% | 0.00% | 0.00% | 0.00% | 227.06% | -107.53% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 308.72x | 0.00x | 0.00x | 0.00x | 0.00x | 1.30x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 1.09x | 0.00x | 0.00x | 0.00x | 0.00x | 0.91x | 0.38x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 31.73x | 0.00x | 0.00x | 0.00x | 0.00x | 1.43x | 336.41x |
Mar 2016
- EPS (₹)
- 0.10
- Book Value (₹)
- 34.23
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.18
- Operating Margin %
- 13.44%
- Net Margin %
- 0.64%
- ROE %
- 0.28%
- ROCE %
- 3.42%
- 0.11%
- Debtor Days
- 341
- Inventory Days
- 775
- Payable Days
- 420
- 696
- Debt to Equity (x)
- 0.72x
- Interest Coverage (x)
- 1.06x
- 2.08x
- Revenue Growth %
- -23.49%
- Operating Profit Growth %
- 89.35%
- Net Profit Growth %
- 117.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- -0.06
- Book Value (₹)
- 33.47
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.04
- Operating Margin %
- 11.54%
- Net Margin %
- -0.30%
- ROE %
- -0.17%
- ROCE %
- 3.25%
- -0.06%
- Debtor Days
- 308
- Inventory Days
- 653
- Payable Days
- 228
- 733
- Debt to Equity (x)
- 1.07x
- Interest Coverage (x)
- 0.99x
- 2.14x
- Revenue Growth %
- 26.71%
- Operating Profit Growth %
- 8.85%
- Net Profit Growth %
- -158.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 0.21
- Book Value (₹)
- 33.64
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.31
- Operating Margin %
- 14.26%
- Net Margin %
- 0.93%
- ROE %
- 0.62%
- ROCE %
- 3.96%
- 0.19%
- Debtor Days
- 272
- Inventory Days
- 642
- Payable Days
- 245
- 670
- Debt to Equity (x)
- 1.58x
- Interest Coverage (x)
- 1.18x
- 2.17x
- Revenue Growth %
- 18.89%
- Operating Profit Growth %
- 46.80%
- Net Profit Growth %
- 468.75%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 0.12
- Book Value (₹)
- 33.68
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.20
- Operating Margin %
- 13.25%
- Net Margin %
- 0.66%
- ROE %
- 0.35%
- ROCE %
- 3.14%
- 0.10%
- Debtor Days
- 463
- Inventory Days
- 965
- Payable Days
- -3996
- 5424
- Debt to Equity (x)
- 1.54x
- Interest Coverage (x)
- 1.05x
- 1.95x
- Revenue Growth %
- -19.87%
- Operating Profit Growth %
- -12.77%
- Net Profit Growth %
- -42.83%
- -42.83%
- P/E (x)
- 308.72x
- P/B (x)
- 1.09x
- Dividend Yield %
- 0.14%
- 31.73x
Mar 2020
- EPS (₹)
- -2.29
- Book Value (₹)
- 31.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -2.22
- Operating Margin %
- -0.73%
- Net Margin %
- -17.04%
- ROE %
- -7.03%
- ROCE %
- -0.20%
- -1.73%
- Debtor Days
- 807
- Inventory Days
- 1411
- Payable Days
- -2851
- 5070
- Debt to Equity (x)
- 1.64x
- Interest Coverage (x)
- -0.07x
- 1.60x
- Revenue Growth %
- -25.36%
- Operating Profit Growth %
- -103.52%
- Net Profit Growth %
- -2017.64%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -4.11
- Book Value (₹)
- 27.28
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -4.07
- Operating Margin %
- -114.47%
- Net Margin %
- -138.33%
- ROE %
- -14.03%
- ROCE %
- -4.30%
- -3.07%
- Debtor Days
- 3655
- Inventory Days
- 6604
- Payable Days
- -5600
- 15858
- Debt to Equity (x)
- 1.85x
- Interest Coverage (x)
- -1.62x
- 1.20x
- Revenue Growth %
- -77.84%
- Operating Profit Growth %
- -3364.92%
- Net Profit Growth %
- -79.91%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -2.32
- Book Value (₹)
- 25.00
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -2.28
- Operating Margin %
- -9.17%
- Net Margin %
- -22.78%
- ROE %
- -8.88%
- ROCE %
- -1.29%
- -1.78%
- Debtor Days
- 977
- Inventory Days
- 1828
- Payable Days
- 0
- 2805
- Debt to Equity (x)
- 1.92x
- Interest Coverage (x)
- -0.50x
- 1.13x
- Revenue Growth %
- 242.85%
- Operating Profit Growth %
- 72.54%
- Net Profit Growth %
- 43.55%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- -16.23
- Book Value (₹)
- 8.79
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -16.20
- Operating Margin %
- -168.14%
- Net Margin %
- -513.45%
- ROE %
- -96.07%
- ROCE %
- -26.02%
- -15.01%
- Debtor Days
- 2152
- Inventory Days
- 4694
- Payable Days
- 0
- 6846
- Debt to Equity (x)
- 2.27x
- Interest Coverage (x)
- -4.42x
- 1.05x
- Revenue Growth %
- -68.98%
- Operating Profit Growth %
- -468.87%
- Net Profit Growth %
- -599.17%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 20.63
- Book Value (₹)
- 29.44
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 20.67
- Operating Margin %
- 47.74%
- Net Margin %
- 145.53%
- ROE %
- 107.89%
- ROCE %
- 71.73%
- 21.43%
- Debtor Days
- 400
- Inventory Days
- 866
- Payable Days
- -3705
- 4970
- Debt to Equity (x)
- 0.49x
- Interest Coverage (x)
- 15.37x
- 1.24x
- Revenue Growth %
- 348.28%
- Operating Profit Growth %
- 590.46%
- Net Profit Growth %
- 227.06%
- 227.06%
- P/E (x)
- 1.30x
- P/B (x)
- 0.91x
- Dividend Yield %
- 0.00%
- 1.43x
Mar 2025
- EPS (₹)
- -1.55
- Book Value (₹)
- 27.06
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1.50
- Operating Margin %
- -14.80%
- Net Margin %
- -26.95%
- ROE %
- -5.96%
- ROCE %
- -0.02%
- -1.79%
- Debtor Days
- 1169
- Inventory Days
- 1833
- Payable Days
- -9109
- 12110
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- -0.00x
- 1.33x
- Revenue Growth %
- -52.21%
- Operating Profit Growth %
- -99.81%
- Net Profit Growth %
- -108.85%
- -107.53%
- P/E (x)
- 0.00x
- P/B (x)
- 0.38x
- Dividend Yield %
- 0.00%
- 336.41x
Documents
Announcements
- Appointment
2026-06-29 - Vipul Limited has informed the Exchange regarding Appointment of as Non- Executive Independent Director of the company w.e.f. Jun 26, 2026.
- Appointment
2026-06-29 - Vipul Limited has informed the Exchange regarding Appointment of MR DIPESH JASVANTLAL SHAH as Non- Executive Independent Director of the company w.e.f. Jun 26, 2026.
Annual Reports
Credit Ratings
Nothing filed yet.