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Vapi Enterprise Overview

Vapi Enterprise Limited is an Indian company engaged in the manufacturing and trading of industrial chemicals and related products. The company operates primarily in the chemical industry, supplying raw materials and intermediates used in various sectors such as textiles, pharmaceuticals, agriculture, and manufacturing. Operating on a modest scale, Vapi Enterprise focuses on maintaining product quality, regulatory compliance, and efficient supply chain management. Its performance is influenced by raw material price fluctuations, demand from dow...Read More

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Vapi Enterprise Key Financials

Market Cap ₹23 Cr.

Stock P/E 17.2

P/B 0.6

Current Price ₹99.4

Book Value ₹ 160.8

Face Value 10

52W High ₹151.4

Dividend Yield 0%

52W Low ₹ 91

Vapi Enterprise Share Price

₹ | |

Volume
Price

Vapi Enterprise Quarterly Price

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Vapi Enterprise Peer Comparison

Vapi Enterprise Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 1 0 1 1 1 1 1 1 1 1
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 1 0 1 1 1 1 1 1 1 1
Total Expenditure 0 0 0 0 0 0 0 0 0 0
Operating Profit 0 0 0 0 0 0 1 1 0 0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses -0 -0 -0 0 -0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 0 0 1 0 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax 0 0 0 0 0 0 0 0 0 0
Adjustments 0 -0 0 0 0 0 0 0 -0 0
Profit After Adjustments 0 0 0 0 0 0 0 0 0 0
Adjusted Earnings Per Share 0.4 0.8 0.9 1.2 1.1 1.8 1.6 1.7 1.6 1.4

Vapi Enterprise Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 2 3 2 2 2 3 2 1 1 0 0 4
Other Income 1 1 1 1 1 1 1 1 2 2 2 0
Total Income 3 4 3 3 3 3 3 3 3 2 2 4
Total Expenditure 2 3 3 3 3 2 2 2 2 1 0 0
Operating Profit 1 1 1 1 0 1 1 1 2 1 2 2
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses -0 -0 -0 -0 -0 -0 -0 -0 48 -0 -0 0
Profit Before Tax 0 0 0 0 -0 1 0 0 49 1 2 1
Provision for Tax 0 0 0 0 0 0 0 0 11 0 0 0
Profit After Tax 0 0 0 0 -0 1 0 0 38 1 1 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 -0 1 0 0 38 1 1 0
Adjusted Earnings Per Share 1.1 1.5 0.6 1 -0.1 2.3 1.4 1.1 168.7 3.6 5.8 6.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% -100% -100% -100%
Operating Profit CAGR 100% 26% 15% 7%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -26% 11% 36% 24%
ROE Average 4% 92% 55% 25%
ROCE Average 5% 93% 63% 38%

Vapi Enterprise Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds -7 -6 -6 -6 -6 -6 -5 -5 33 34 36
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 8 8 8 8 8 8 8 7 0 0 0
Other Non-Current Liabilities 2 2 2 2 1 1 1 1 0 0 0
Total Current Liabilities 1 0 0 0 0 1 0 21 12 1 1
Total Liabilities 4 4 4 4 3 3 3 24 47 35 37
Fixed Assets 3 3 2 2 2 2 2 2 1 0 0
Other Non-Current Assets 0 1 1 1 1 1 1 1 1 2 2
Total Current Assets 1 1 0 1 1 1 1 21 45 33 35
Total Assets 4 4 4 4 3 3 3 24 47 35 37

Vapi Enterprise Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 0 0 1 1 33 33
Cash Flow from Operating Activities 0 0 1 0 0 0 0 0 8 9 -1
Cash Flow from Investing Activities -0 -0 -0 -0 -0 -0 0 0 31 3 2
Cash Flow from Financing Activities 0 -0 -1 -0 -0 -0 -0 -0 -7 -12 -0
Net Cash Inflow / Outflow 0 -0 0 0 -0 0 0 0 32 -0 1
Closing Cash & Cash Equivalent 0 0 0 0 0 0 1 1 33 33 34

Vapi Enterprise Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.13 1.46 0.58 0.97 -0.12 2.25 1.36 1.12 168.71 3.65 5.77
CEPS(Rs) 2.36 2.67 1.69 1.99 0.8 2.84 2.17 1.88 169.29 3.67 5.8
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) -29.68 -28.22 -27.64 -26.67 -26.78 -24.53 -23.17 -22.05 146.66 150.3 156.07
Core EBITDA Margin(%) -1.71 -4.87 -16.58 -5.55 -23.51 0.75 0.14 -37.49 -17.07 0 0
EBIT Margin(%) 14.04 15.34 9.56 10.56 0.6 21.03 15.67 26.75 3290.44 0 0
Pre Tax Margin(%) 11.12 12.31 6.2 8.98 -1.26 20.54 15.66 26.75 3290.44 0 0
PAT Margin (%) 11.12 12.31 6.2 8.98 -1.26 20.54 13.43 17.88 2585.21 0 0
Cash Profit Margin (%) 23.19 22.53 17.96 18.38 8.68 25.89 21.5 30.06 2594.01 0 0
ROA(%) 7.15 8.8 3.51 5.82 -0.74 15.2 8.96 1.89 109.88 2.03 3.65
ROE(%) 0 0 0 0 0 0 0 0 270.8 2.46 3.76
ROCE(%) 21.25 24.29 12.29 14.73 0.71 27.5 16.58 17.01 270.7 3.62 4.94
Receivable days 22.26 36.77 38.46 53.11 80.16 40.79 47.07 70.38 47.16 0 0
Inventory Days 0 0 0 0 0 0 0 0 0 0 0
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 20.3 7.3 18.11 38.23 0 15.85 11.89 34.61 0.49 29.01 24.28
Price/Book(x) -0.77 -0.38 -0.38 -1.4 -0.21 -1.46 -0.7 -1.75 0.56 0.7 0.9
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 5.91 3.87 4.77 6.52 4.27 6.19 4.58 10.82 -9.68 0 0
EV/Core EBITDA(x) 20.99 14.61 18.05 26.91 31.35 20.02 19.04 27.23 -8.93 -5.79 -0.88
Net Sales Growth(%) 0 16.2 -20.35 14.94 -14.75 18.67 -7.8 -38.14 0.22 -100 0
EBIT Growth(%) -13.54 27 -50.38 26.93 -95.18 4079.5 -31.33 5.61 0 -97.47 40.78
PAT Growth(%) -14.94 28.61 -59.91 66.53 -112 2029.13 -39.71 -17.64 0 -97.84 58.17
EPS Growth(%) -14.94 28.61 -59.91 66.52 -112 2029.13 -39.71 -17.64 0 -97.84 58.17
Debt/Equity(x) -1.26 -1.25 -1.27 -1.3 -1.28 -1.38 -1.42 -1.45 0.01 0.01 0.01
Current Ratio(x) 0.87 3.12 0.85 2.99 1.56 1.31 4.25 1.03 3.57 54.82 58.45
Quick Ratio(x) 0.87 3.12 0.85 2.99 1.56 1.31 4.25 1.03 3.57 54.82 58.45
Interest Cover(x) 4.81 5.06 2.84 6.68 0.32 42.51 4754.67 0 0 0 5077.69
Total Debt/Mcap(x) 1.63 3.33 3.32 0.93 5.98 0.95 2.04 0.83 0.03 0.02 0.01

Vapi Enterprise Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 38.79 38.79 38.79 38.79 38.79 38.79 38.79 38.79 38.79 38.79
FII 0 0 0 0 0 0 0 0 0 0
DII 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Public 61.2 61.2 61.2 61.2 61.2 61.2 61.2 61.2 61.2 61.2
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Vapi Enterprise News

Vapi Enterprise Pros & Cons

Pros

  • Stock is trading at 0.6 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 92%
  • Company is almost debt free.

Cons

  • Promoter holding is low: 38.79%.
  • Earnings include an other income of Rs. 2 Cr.
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