Vipul Organics Q1 FY27 Share Price & Earnings Call Analysis

₹214.20-2.41% today
Market cap
₹408 Cr
P/E
49.95
ROE
7.62%
PEG
0.93
Price to sales
2.16
Debt to equity
0.45
52W high / low
₹287 / ₹159
Sales growth (5Y)
8.12%
EBITDA margin
9.73%
Net profit margin
3.93%
Promoter holding
63.94%
Sales (last year)
₹190 Cr

Incorporated in 1972, Vipul Organics Ltd does manufacturing & trading of Dyes stuff, Organic Pigments & Organic Intermediates[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Chemicals & Petrochemicals
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Chemicals & Petrochemicals companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 0–2%₹234 Cr3.0
240%+Flat₹3,888 Cr48.5
340%+Flat₹3,514 Cr4.3
440%+Flat₹180 Cr11.9
540%+Flat₹138 Cr15.1
620–40%Up 2%+₹1.70L Cr85.4

Financials of Vipul Organics

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Vipul Organics

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +27.8831.3936.1436.5337.4239.9938.0639.2441.4144.0937.6039.4346.14
Expenses +25.5528.2033.5333.6534.3536.8434.7935.5737.5340.3533.8235.1141.79
Operating Profit2.333.192.612.883.073.153.273.673.883.743.784.324.35
OPM %8.36%10.16%7.22%7.88%8.20%7.88%8.59%9.35%9.37%8.48%10.05%10.96%9.43%
Other Income +0.01-0.060.100.070.190.550.140.190.12-0.110.090.230.24
Interest0.650.890.680.530.560.650.580.640.590.870.700.540.49
Depreciation1.551.711.331.361.391.501.241.451.591.601.551.621.58
Profit before tax0.140.530.701.061.311.551.591.771.821.161.622.392.52
Tax %28.57%45.28%27.14%7.55%38.93%30.97%28.30%39.55%20.88%32.76%21.60%24.27%26.59%
Net Profit +0.110.290.521.000.801.071.141.061.450.781.271.811.85
EPS in Rs0.050.150.300.580.470.620.660.610.820.450.721.020.97

Financials of Vipul Organics

Profit & Loss

Annual income statement trend

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +44525357799092119133134150163167
Expenses +42505054758483102117122138148151
Operating Profit2233469171612121416
OPM %4%4%5%6%5%7%10%14%12%9%8%9%10%
Other Income +0001101010100
Interest1111111123233
Depreciation0111112656666
Profit before tax111235710103568
Tax %33%34%33%32%34%30%32%28%28%32%28%30%
Net Profit +1112245772346
EPS in Rs0.660.791.001.541.742.743.714.314.081.091.932.503.16
Dividend Payout %73%61%48%31%28%18%13%13%13%62%39%24%

Financials of Vipul Organics

Balance Sheet

Capital structure and asset base

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital5556888101013131318
Reserves77813182025294240455168
Borrowings +910710191922303031304660
Other Liabilities +13141316262642394440484549
Total Liabilities34373346707396107127124136155194
Fixed Assets +56666632293635323837
CWIP000151700005921
Investments0001111110100
Other Assets +2930273858506377908898107136
Total Assets34373346707396107127124136155194

Financials of Vipul Organics

Cash Flows

Operating, investing and financing cash movement

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +235-4-81514-221051
Cash from Investing Activity +-1-2-0-2-4-11-11-2-11-3-7-15
Cash from Financing Activity +-1-1-4711-2-045-5-215
Net Cash Flow00-01-2131-33-40
Free Cash Flow114-7-1333-4-107-2-15
CFO/OP143%144%172%-100%-183%255%180%-3%34%104%53%18%

Financials of Vipul Organics

Ratios

Working capital efficiency and return ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days83837295132849910911793108114
Inventory Days7354506954499687131150122127
Days Payable127113110135143116210161166142147127
Cash Conversion Cycle292412284317-15358110183114
Working Capital Days-0-8-561816-83445454237
ROCE %6%8%10%12%12%13%16%18%14%7%8%9%
72out of 100

Momentum score · price trend

72 out of 100 — Strengthening

Over the past year its share price has done better than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+26.1%73%
Last 6 months+48.2%75%
Last 3 months+2.8%63%
How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Vipul Organics: 0.4 × 73 + 0.4 × 75 + 0.2 × 63 = 72.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 1 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

What Vipul Organics's management said in earlier quarters

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