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Vipul Organics Ltd (VIPULORG) · mywealthgrid

About

Vipul Organics Ltd operates in specialty chemicals within the Materials sector, with a market cap of ₹472.25 Cr. The company manufactures within the chemicals & petrochemicals industry and has maintained annual dividend payouts through Sep 2025.

Face value: ₹10

Market cap

₹496 Cr

P/E

148.5×

P/B

4.2×

Dividend yield

0.3%

ROE

7.6%

ROCE

11.4%

Debt / equity

0.45

OPM

9.8%

EPS (TTM)

₹1.8

Book value

₹61.5

52-week high

₹286.8

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margin compressed from 14.85% (Jun 2020) to 7.8% currently; investigate cost or pricing drivers and recovery prospects
PE ratio of 141.82 vs. ROE of 6.03% suggests either sharply depressed earnings or valuation premium
Minimal institutional ownership (FII 0.1%, DII 0%) and 35.96% public float limit liquidity and analyst coverage
Quarterly data ends Mar 2021; current operations and capital position remain unchecked against that baseline

Generated analysis · source review pending

Growth drivers

Margin recovery from current 7.8% to historical 12–15% OPM could expand earnings significantly; verify what cost or pricing shifts enable recovery
Revenue baseline of ₹37.34 Cr (Mar 2021) provides a measuring stick for volume growth; confirm sector growth rates and positioning
OPM volatility (8.75%–14.85%) reflects cost sensitivity with upside if commodity prices stabilize
ROE constrained at 6.03%; operational efficiency gains or capital redeployment could unlock reinvestment capacity

Generated analysis · source review pending

₹259.8+26.6%1Y

Beta

1.13

Moves with the index

Volatility (1y)

44.3%

Annualised, daily returns

RSI (14)

40.2

Neither overbought nor oversold

Rel. strength (1y)

14.2%

Ahead of the market

Beta is measured against NIFTY 50 over three years of weekly returns — 1 moves with the index, above 1 amplifies it, below 1 damps it.

Quick read

rule-based

Pros

+Dividend payout of 45.8% of profit
+High promoter holding of 63.9% with no pledge

Cons

−Low return on equity of 7% (3-yr avg)
−Modest revenue growth of 8.1% a year over the last 5 years
−Expensive at 148.5× trailing earnings
−Promoter holding fell 4.7 pts over the last year

Research score

Structured signal from quality, growth, valuation and momentum.

46/100

Business quality: 31
Growth: 69
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Gujarat Fluorochemicals LimitedFLUOROCHEMFLUOROCHEM	₹47,713 Cr	₹49,912 Cr	₹5,303 Cr	₹1,375 Cr	25.8%	₹615 Cr	11.5%	11.1%	7.6%	401
Navin Fluorine International LimitedNAVINFLUORNAVINFLUOR	₹41,740 Cr	₹42,967 Cr	₹3,634 Cr	₹1,232 Cr	32.6%	₹790 Cr	20%	21.6%	20.1%	61
Aether Industries LimitedAETHERAETHER	₹22,161 Cr	₹22,603 Cr	₹1,224 Cr	₹384 Cr	31.3%	₹235 Cr	19.8%	13.2%	9.4%	330
Atul LimitedATULATUL	₹17,231 Cr	₹17,411 Cr	₹6,643 Cr	₹1,189 Cr	16.4%	₹704 Cr	11%	14.1%	11.5%	70
Aarti Industries LimitedAARTIINDAARTIIND	₹16,869 Cr	₹21,790 Cr	₹9,012 Cr	₹1,337 Cr	14.1%	₹531 Cr	5.1%	8.8%	7.3%	54
Fine Organic Industries LimitedFINEORGFINEORG	₹15,752 Cr	₹15,797 Cr	₹2,472 Cr	₹535 Cr	20.4%	₹438 Cr	17.6%	21.6%	16.8%	113
Basf India LimitedBASFBASF	₹14,796 Cr	₹14,796 Cr	₹16,177 Cr	₹952 Cr	4.4%	₹643 Cr	2.8%	14%	11.1%	40
Privi Speciality Chemicals LimitedPRIVISCLPRIVISCL	₹13,970 Cr	₹14,980 Cr	₹2,671 Cr	₹666 Cr	25.2%	₹342 Cr	12.4%	27.7%	25.2%	158
Sudeep Pharma LimitedSUDEEPPHRMSUDEEPPHRM	₹13,546 Cr	₹13,694 Cr	₹676 Cr	₹233 Cr	34.6%	₹133 Cr	27.1%	31.1%	25.2%	366
Anupam Rasayan India LimitedANURASANURAS	₹13,243 Cr	₹15,058 Cr	₹2,535 Cr	₹563 Cr	22.2%	₹175 Cr	9.4%	9.1%	5.5%	377
Vinati Organics LimitedVINATIORGAVINATIORGA	₹12,528 Cr	₹12,528 Cr	₹2,381 Cr	₹665 Cr	29.4%	₹448 Cr	19.9%	18.8%	14.9%	152
Elantas Beck India LimitedELANTASELANTAS	₹10,644 Cr	₹10,644 Cr	₹778 Cr	₹147 Cr	20.3%	₹136 Cr	17.4%	20.6%	15.8%	70

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	58	79	90	92	119	133	134	150	163	175
COGS	41	60	66	63	75	86	86	100	105	114
Gross profit	17	19	24	29	43	47	48	50	58	61
	15	15	19	20	27	31	36	39	43	44
	2	4	6	9	17	16	12	12	15	17
OPM %	4.2%	4.8%	6.3%	9.8%	13.9%	12%	8.7%	7.8%	8.9%	9.8%
Depreciation	—	—	—	2	6	5	6	6	6	6
Interest	1	1	1	1	1	2	3	2	3	2
	1	0	0	1	0	1	0	1	0	1
Profit before tax	2	3	5	7	10	10	3	5	6	10
Tax	1	1	2	2	3	3	1	1	2	3
Tax %	32.5%	33.9%	29.8%	32.6%	28.4%	28.4%	31.5%	27.7%	30.1%	27.6%
	2	2	4	5	7	7	2	3	4	7
PAT margin %	2.8%	2.8%	3.9%	5.2%	5.8%	5.2%	1.4%	2.2%	2.7%	3.9%
EPS (₹)	3	3.4	4.6	4.9	6	5.8	1.5	2.6	2.7	3.8
EPS adjusted (₹)	2.4	2.3	0	4.9	5.7	5.4	1.5	2.6	3.3	3.6
	27%	23.8%	17.5%	16.2%	14.9%	15.6%	61.2%	38.9%	29.6%	20.8%
Annual report	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	5	5	8	8	8	10	10	13	13	13	19
Reserves	8	8	18	20	25	31	42	40	44	51	98
	6	6	18	18	20	27	29	29	30	46	53
	13	13	27	27	44	40	45	42	48	46	61
Total equity & liabilities	33	33	71	73	96	107	127	124	136	155	231
	6	6	7	6	32	29	36	35	32	38	37
CWIP	0	0	5	17	0	0	0	0	5	9	39
Investments	0	—	—	—	—	1	1	0	1	0	0
	27	27	59	50	64	77	90	88	98	107	155
Total assets	33	33	71	73	96	107	127	124	136	155	231

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	27.1%	31.7%	36.4%	35.5%

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	66.44%	66.76%	67.02%	67.02%	67.39%	67.76%	67.76%	68.64%	68.64%	68.64%	63.94%	63.94%
	0%	0.26%	0.46%	0.46%	0.19%	0.19%	0.19%	0.19%	0.19%	0.19%	0.17%	0.1%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	33.56%	32.98%	32.52%	32.52%	32.42%	32.05%	32.05%	31.17%	31.17%	31.17%	35.89%	35.96%
No. of shareholders	—	—	—	—	—	—	—	—	7,011	6,793	6,579	6,408

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Vipul Organics Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

43 announcementsExport CSV

30 Sept 2026, 6:10 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

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1 deal · 1 Oct 2024 – 1 Oct 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
1 Oct 2024	RAMESH CHIMANLAL SHAH	Bulk	BSE	Buy	66,790	₹302.86	₹2.02 Cr

1–1 of 1

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Date	Category	Subject	Filing
30 Sept 2026, 6:10 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
22 Sept 2026, 1:13 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
15 Sept 2026, 10:53 am	Company Update Press Release / Media Release	Announcement under Regulation 30 (LODR)-Press Release / Media Release	PDF
8 Sept 2026, 6:00 pm	Company Update General	Letter To Shareholders - Annual Report F.Y. 2025-26	PDF
8 Sept 2026, 5:56 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
7 Sept 2026, 8:30 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome	PDF
7 Sept 2026, 6:57 pm	Corp. Action Book Closure	Intimation Of Book Closure.	PDF
7 Sept 2026, 6:55 pm	Corp. Action Record Date	Fixes Record Date For Dividend	PDF

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	5	-4	-8	15	14	-2	2	10	5	1	11
	-0	-2	-4	-11	-11	-2	-11	-3	-7	-15	-34
	-4	7	11	-2	-0	4	5	-5	-2	15	25
Net cash flow	-0	1	-2	1	3	1	-3	3	-4	0	1
Free cash flow	—	—	—	—	—	-4	-11	7	-2	-15	11
CFO / Operating profit %	—	-165.9%	-220.2%	263.1%	153.9%	-12.5%	15.4%	87%	41.4%	4.3%	61%

Working capital
Receivable days	84	99	109	117	93	108	114	113

Leverage
Current ratio	—	—	1.31	1.29	1.36	1.25	1.23	1.49

Vipul Organics Ltd

Vipul Organics Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

No fund holdings on record

Not in the F&O segment

Announcements

Annual reports

Credit ratings

20

1

1

Compounded sales growth

Compounded profit growth

Stock price CAGR

Return on equity

Return ratios
Return on assets %	4.8%	5%	6.4%	5.5%	1.5%	2.5%	2.9%	3%

Vipul Organics Ltd

Vipul Organics Ltd

About

Key insights

Key risks

Growth drivers

Risk & technicals

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

No fund holdings on record

Not in the F&O segment

Announcements

Ratio timeline

Quarterly record

Annual reports

Credit ratings

Dividends20

Board meetings1

Bonus issues1

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Stock price CAGR

Return on equity

20

1

1