Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

Vipul Organics

₹174.7 -2.4 | 1.3%

Market Cap ₹227 Cr.

Stock P/E 86.4

P/B 3.9

Current Price ₹174.7

Book Value ₹ 44.4

Face Value 10

52W High ₹237

Dividend Yield 0.52%

52W Low ₹ 100

Vipul Organics Research see more...

Overview Inc. Year: 1972Industry: Dyes & Pigments

Vipul Organics Ltd is a prominent player in the Dyes & Pigments industry, renowned for its exceptional products and unwavering commitment to quality. With a legacy spanning several decades, the company has established itself as a trusted name in the global market. Vipul Organics specializes in the manufacturing and distribution of a wide range of dyes, pigments, and colorants that find applications across diverse industries, including textiles, plastics, inks, and coatings. Their extensive product portfolio is characterized by innovation, eco-friendliness, and compliance with stringent industry standards. The company's success can be attributed to its state-of-the-art manufacturing facilities, a team of dedicated experts, and a customer-centric approach. Vipul Organics is not only recognized for its product excellence but also its commitment to sustainability and responsible business practices. With a global footprint and a commitment to staying at the forefront of industry advancements, Vipul Organics Ltd continues to be a leading force in the Dyes & Pigments sector.

Read More..

Vipul Organics Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Vipul Organics Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 31 31 39 38 37 28 31 36 37 37
Other Income 0 -0 0 0 0 0 -0 0 0 0
Total Income 31 31 39 38 37 28 31 36 37 38
Total Expenditure 27 27 34 34 34 26 28 34 34 34
Operating Profit 4 4 5 4 3 2 3 3 3 3
Interest 0 1 0 1 1 1 1 1 1 1
Depreciation 1 1 1 1 2 2 2 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2 2 3 2 1 0 1 1 1 1
Provision for Tax 1 1 1 0 0 0 0 0 0 1
Profit After Tax 2 2 2 1 0 0 0 1 1 1
Adjustments 0 0 0 -0 0 -0 0 -0 -0 0
Profit After Adjustments 2 2 2 1 0 0 0 1 1 1
Adjusted Earnings Per Share 1.4 1.2 1.7 0.8 0.3 0.1 0.2 0.4 0.8 0.6

Vipul Organics Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 34 44 52 53 57 79 90 92 119 133 134 141
Other Income 0 0 0 0 1 1 0 1 1 1 0 0
Total Income 34 44 53 53 58 81 90 93 119 134 134 142
Total Expenditure 33 42 50 50 54 76 84 83 103 118 122 130
Operating Profit 2 2 2 3 4 5 7 10 17 17 12 12
Interest 0 1 1 1 1 1 1 1 1 2 3 4
Depreciation 0 0 1 1 1 1 1 2 6 5 6 5
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 1 1 1 2 3 5 7 10 10 3 4
Provision for Tax 0 0 0 0 1 1 1 2 3 3 1 1
Profit After Tax 0 1 1 1 2 2 4 5 7 7 2 3
Adjustments 0 0 0 -0 0 0 -0 -0 0 0 0 0
Profit After Adjustments 1 1 1 1 2 2 4 5 7 7 2 3
Adjusted Earnings Per Share 0.8 0.9 1.1 1.3 2.1 2.3 3.7 4.9 5.7 5.4 1.5 2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 1% 13% 11% 15%
Operating Profit CAGR -29% 6% 19% 20%
PAT CAGR -71% -26% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 56% 6% 5% 33%
ROE Average 4% 13% 14% 10%
ROCE Average 7% 13% 14% 11%

Vipul Organics Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 12 12 13 13 19 25 28 32 40 52 53
Minority's Interest -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Borrowings 0 0 1 0 0 2 7 7 9 6 6
Other Non-Current Liabilities 0 0 0 0 0 0 0 1 1 1 3
Total Current Liabilities 20 22 23 20 26 44 38 56 56 67 62
Total Liabilities 33 35 37 33 46 70 73 96 107 127 124
Fixed Assets 4 5 6 6 6 6 6 32 29 36 35
Other Non-Current Assets 6 6 6 6 8 13 22 4 5 5 4
Total Current Assets 23 24 25 21 32 51 45 59 73 86 84
Total Assets 33 35 37 33 46 70 73 96 107 127 124

Vipul Organics Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 1 2 2 2 1 2 0 2 4 5 2
Cash Flow from Operating Activities -0 2 3 5 -4 -8 15 14 -2 2 10
Cash Flow from Investing Activities -1 -1 -2 -0 -2 -4 -11 -11 -2 -11 -3
Cash Flow from Financing Activities 2 -1 -1 -4 7 11 -2 -0 4 5 -5
Net Cash Inflow / Outflow 1 0 0 -0 1 -2 1 3 1 -3 3
Closing Cash & Cash Equivalent 2 2 2 2 2 0 2 4 5 2 4

Vipul Organics Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0.77 0.87 1.06 1.33 2.07 2.33 3.65 4.95 5.74 5.44 1.47
CEPS(Rs) 1.23 1.53 2.07 2.68 3.07 3.05 4.32 7.07 10.62 9.52 6.4
DPS(Rs) 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9
Book NAV/Share(Rs) 18.05 18.22 18.43 19.02 22.82 26.25 29.14 31.66 32.25 40.84 41.38
Core EBITDA Margin(%) 4.26 4.07 4.38 5.38 5.56 4.6 7.02 9.8 13.55 11.62 8.65
EBIT Margin(%) 3.31 3.15 3.29 3.84 5.18 5.41 6.8 8.69 9.19 8.55 4.03
Pre Tax Margin(%) 1.89 1.87 2 2.6 4.12 4.27 5.59 7.69 8.05 7.31 2.04
PAT Margin (%) 1.31 1.26 1.33 1.74 2.79 2.82 3.92 5.19 5.77 5.23 1.4
Cash Profit Margin (%) 2.43 2.34 2.68 3.46 4.13 3.71 4.63 7.4 10.68 9.15 6.12
ROA(%) 1.54 1.67 1.97 2.66 4.11 3.85 4.91 5.66 6.76 5.96 1.49
ROE(%) 3.65 4.52 5.6 7.22 10.49 10.37 13.2 16.29 19.84 15.35 3.55
ROCE(%) 5.64 6.47 7.82 9.59 12.15 11.61 13.35 15.8 17.99 15.29 6.62
Receivable days 104.01 89.63 76.17 76.98 79.08 99.83 100.13 90.72 92.98 106.85 104.4
Inventory Days 46.9 46.94 42.98 38.16 40.24 38.24 35.9 50.2 53.36 66.98 90.2
Payable days 87.88 93.7 86.04 95.36 107.35 112.29 119.2 163.01 168.3 153.74 153.9
PER(x) 12 10.65 17 15.01 34.76 55.89 39.45 14.93 23.8 31.61 61.79
Price/Book(x) 0.51 0.51 0.98 1.05 3.16 4.97 4.94 2.33 4.24 4.21 2.19
Dividend Yield(%) 6.9 6.88 3.56 3.2 0.89 0.49 0.44 0.87 0.53 0.42 0.99
EV/Net Sales(x) 0.41 0.31 0.39 0.35 1.09 1.78 1.73 0.95 1.55 1.85 1.04
EV/Core EBITDA(x) 9.19 7.24 8.24 6.18 16.38 28.29 23.02 8.71 10.98 14.87 11.86
Net Sales Growth(%) 18.64 29.02 18.46 0.13 8.82 38.56 13.65 2.48 28.67 12.21 0.55
EBIT Growth(%) -1.95 22.45 24.12 17.24 47.62 42.63 42.46 31.04 36.17 4.29 -52.57
PAT Growth(%) -3.38 24.31 25.16 31.82 75.02 38.4 57.45 35.51 43.26 1.69 -73.14
EPS Growth(%) 4.95 12.84 21.3 25.84 55.46 12.61 56.58 35.46 16.05 -5.17 -73.02
Debt/Equity(x) 0.75 0.74 0.81 0.52 0.59 0.74 0.69 0.71 0.7 0.56 0.54
Current Ratio(x) 1.12 1.09 1.05 1.07 1.21 1.17 1.18 1.06 1.31 1.29 1.36
Quick Ratio(x) 0.88 0.79 0.8 0.81 0.92 0.96 0.95 0.76 0.99 0.83 0.78
Interest Cover(x) 2.32 2.46 2.55 3.08 4.91 4.76 5.62 8.68 8.05 6.94 2.02
Total Debt/Mcap(x) 1.46 1.45 0.83 0.49 0.19 0.15 0.14 0.3 0.17 0.13 0.25

Vipul Organics Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 65.08 66.22 66.22 66.22 66.22 66.44 66.44 66.44 66.76 67.02
FII 0 0 0 0 0 0 0 0 0.26 0.46
DII 0 0 0 0 0 0 0 0 0.99 0
Public 34.92 33.78 33.78 33.78 33.78 33.56 33.56 33.56 31.99 32.52
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

Cons

  • Company has a low return on equity of 13% over the last 3 years.
  • Debtor days have increased from 153.74 to 153.9days.
  • Stock is trading at 3.9 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Vipul Organics News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....