Vipul Ltd
NSE: VIPULLTD BSE: 511726Infra
Vipul Ltd (VIPULLTD) is a Infra company listed on NSE: VIPULLTD | BSE: 511726. With a market cap of ₹123 Cr and ROCE of 0.37%, ROE of 6.44%, it operates in the Indian Infra sector.
₹8.7
52W: ₹7.38 — ₹13.8
PE 0 · Book ₹27 · -68% vs bookMarket Cap₹123 Cr
Stock P/E—Price to Earnings
ROCE0.37%Return on Capital
ROE6.44%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company has reduced debt.
- +Stock is trading at 0.33 times its book value
Weaknesses
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of -12.8% over past five years.
- −Promoter holding is low: 18.2%
- −Contingent liabilities of Rs.436 Cr.
- −Promoters have pledged 30.7% of their holding.
- −Company has high debtors of 1,223 days.
- −Company's cost of borrowing seems high
- −Promoter holding has decreased over last 3 years: -45.2%
- −Working capital days have increased from 540 days to 1,038 days
Shareholding Pattern
Promoters18.25%
FIIs13.2%
DIIs1.66%
Public66.89%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 51.51% | 31.04%▼20.5 | 20.33%▼10.7 | 18.25%▼2.1 | 18.25% | 18.25% | 18.25% | 18.25% |
| FIIs | 1.87% | 7.23%▲5.4 | 6.13%▼1.1 | 7.25%▲1.1 | 9.65%▲2.4 | 8.81%▼0.8 | 11.27%▲2.5 | 13.2%▲1.9 |
| DIIs | 2.65% | 0.52%▼2.1 | 2.65%▲2.1 | 0.63%▼2.0 | 0.63% | 0.44%▼0.2 | 1.48%▲1.0 | 1.66%▲0.2 |
| Public | 43.96% | 61.21%▲17.3 | 70.89%▲9.7 | 73.88%▲3.0 | 71.49%▼2.4 | 72.49%▲1.0 | 68.99%▼3.5 | 66.89%▼2.1 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6.35 | 134.5 | 24.07 | 14.93 | 15.12 | 10.77 | 40.44 | 1.69 | 7.95 | 9.19 |
| Expenses | 10.11 | 56 | 11.37 | 11.67 | 9.91 | 8.31 | 63.4 | 13.89 | 10.76 | 10.53 |
| Operating Profit | -3.76 | 78.5 | 12.7 | 3.26 | 5.21 | 2.46 | -22.96 | -12.2 | -2.81 | -1.34 |
| OPM % | -59.21% | 58.36% | 52.76% | 21.84% | 34.46% | 22.84% | -56.78% | -721.89% | -35.35% | -14.58% |
| Net Profit | -7.09 | 64.22 | 204.13 | 2.32 | 2.17 | 4.51 | -30.9 | -1.04 | 0.16 | 0.96 |
| EPS ₹ | -0.59 | 5.35 | 17.01 | 0.16 | 0.15 | 0.32 | -2.19 | -0.07 | 0.01 | 0.07 |
AI Insights
Revenue Trend
TTM revenue at ₹59Cr, down 27.2% YoY. OPM at -66%.
Debt Position
Borrowings at ₹80Cr. Debt-to-equity ratio: 0.22x. Healthy balance sheet.
Institutional Flow
DIIs: 1.66% (+1.66pp change). FIIs: 13.2% (+13.20pp change). Promoters hold 18.25%.
Margin & Efficiency
ROCE declining from 5% (Mar 2014) to 0% (Mar 2025). Working capital days: 1038.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Restructuring 23 Apr - NCLT approved merger of five wholly owned subsidiaries into Vipul Ltd, effective 1 April 2022.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 23 Apr - Vipul Ltd says it is not a Large Corporate; outstanding borrowing was INR 76.21 crore as of March 31, 2026.
- Vipul Limited Has informed About The Reason Of Delay In Providing Material Information Under Regulation 30 Of SEBI (LODR) Regulations, 2015 6 Apr - Vipul Ltd explains delay in disclosing earlier material information due to unavailable details and Holi holidays.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 4 Apr - Vipul Limited has updated the Exchange with Certificate under Reg. 74(5) of SEBI (Depository and Participants) Regulation, 2018 for the quarter ended March 31, 2026
- Closure of Trading Window 25 Mar - Trading window closed April 1, 2026 until 48 hours after audited Q4/FY2025-26 results declaration.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse