Key Metrics 
Check Before You Invest 
10 Yrs X-Ray 
Valuation 
Analyst Note 
Qtr. Results 
Financials 
News 
About
Vipul Ltd (VIPULLTD)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 511726 NSE: VIPULLTD Construction - Real Estate | Small Cap | Vipul Share Price
₹13.51 -0.27 (-1.96%)
As on 15-Sep'26 16:59
Vipul Ltd (VIPULLTD)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 511726 NSE: VIPULLTD Construction - Real Estate | Small Cap | Vipul Share Price
₹13.51 -0.27 (-1.96%)
As on 15-Sep'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹194 Cr.
Current Price
₹13.5
52-Week Low / High
₹7 / 19
TTM EPS
₹-2
TTM Sales
₹63.1 Cr.
Book Value per Share
₹29.3
P/E Ratio
0.00
Industry PE
43.4
Price to Book (P/B)
0.47
Lower than its 5-year historical median
Price to Sales (P/S)
3.08
Higher than its 5-year historical median
EV/EBITDA
-13.15
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
-7.78%
Underperforms industry median
Return on Capital Employed (ROCE)
-0.70%
Underperforms industry median
Return on Assets (ROA)
-2.32%
Operating Profit Margin
-13.5%
Net Profit Margin
-32.49%
Gross Profit Margin
-27.9%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-52.21%
Operating Profit Growth (1 Year)
-
-113.86%
Net Profit Growth (1 Year)
-
-112.12%
Asset Quality
Promoter Holding
18.25%
Pledged shares (%) of Promoter's holding (%)
30.71%
Reserves
₹399 Cr.
Equity
₹14.1 Cr.
Face Value
₹1
All Time Low / High
₹0.40 / 145.12
Check Before You Invest
Quality
Not GoodValuation
UndervaluedCheck Valuation charts
Price Trend
Semi Strong
Is Vipul Ltd a good quality company?
Vipul Ltd is a weak quality company, based on a inconsistent multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Vipul Ltd performance compare with that of its Peers?
Revenue growth of Vipul Ltd vs industry peers?
Vipul Ltd revenue CAGR is -13.17%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Promoter shareholding and pledge status of Vipul Ltd?
Promoters hold 18.25% of the Vipul Ltd, with 30.71% of their stake pledged, indicating high pledge risk.
Stock return of Vipul Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -15.2% based on the current price.
10 Year X-Ray :
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Vipul Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Value Creation ⓘ
| Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 3.4% | 3.3% | 4% | 3.1% | -0.2% | -4.3% | -1.3% | -26% | 71.7% | -0% | - |
| Value Creation Index ⓘ | -0.8 | -0.8 | -0.7 | -0.8 | -1.0 | -1.3 | -1.1 | -2.9 | 4.1 | -1.0 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 179 | 226 | 269 | 216 | 161 | 35.7 | 122 | 37.9 | 170 | 81.3 | 59 |
| Sales YoY Gr. | - | 26.7% | 18.9% | -19.9% | -25.4% | -77.8% | 242.9% | -69% | 348.2% | -52.2% | - |
| Adj EPS ⓘ | 0.1 | -0.1 | 0.2 | 0.1 | -3.4 | -4.1 | -2.3 | -10 | 20.1 | -1.6 | -2.2 |
| YoY Gr. | - | -166.7% | NA | -42.9% | -2916.7% | NA | NA | NA | NA | -108.2% | - |
| BVPS (₹) ⓘ | 34.2 | 33.5 | 33.6 | 33.7 | 31.4 | 27.3 | 25 | 8.8 | 29.4 | 27.1 | 27.1 |
| Adj Net Profit ⓘ | 1.1 | -0.7 | 2.5 | 1.4 | -40.5 | -49.4 | -27.9 | -120 | 242 | -23.1 | -31 |
| Cash Flow from Ops. ⓘ | -58.7 | -108 | -172 | 35.7 | 38.4 | 32.4 | 32.6 | 364 | -86.3 | 17.1 | - |
| Debt/CF from Ops. ⓘ | -5 | -4 | -3.7 | 17.5 | 16 | 18.7 | 17.7 | 0.7 | -2 | 5 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -8.4% | -12.8% | -12.7% | -52.2% | ||||
| Adj EPS ⓘ | -238.1% | NA | NA | -108.2% | ||||
| BVPSⓘ | -2.6% | -2.9% | 2.7% | -8.1% | ||||
| Share Price | -15.4% | -15.5% | -2.3% | 30% | ||||
Key Financial Parameters ⓘ
| Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 0.3 | -0.2 | 0.6 | 0.4 | -10.4 | -14 | -8.9 | -59.1 | 105.3 | -6.3 | -8.1 |
| Op. Profit Mgn % ⓘ | 7.2 | 9.2 | 11.6 | 13.3 | -15.9 | -145.3 | -16.8 | -159 | 47.7 | -14.8 | -66.3 |
| Net Profit Mgn % ⓘ | 0.6 | -0.3 | 0.9 | 0.7 | -25.2 | -138.5 | -22.8 | -315.8 | 142 | -28.5 | -52.1 |
| Debt to Equity ⓘ | 0.7 | 1.1 | 1.6 | 1.5 | 1.6 | 1.9 | 1.9 | 2.3 | 0.5 | 0.2 | - |
| Working Cap Days ⓘ | 2,114 | 1,806 | 1,707 | 2,428 | 3,500 | 15,807 | 4,446 | 12,000 | 2,376 | 5,248 | 3,654 |
| Cash Conv. Cycle ⓘ | 1,034 | 905 | 863 | 1,338 | 2,102 | 9,907 | 2,584 | 6,367 | 1,022 | 2,793 | 844 |
Valuation of Vipul - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 14.25 | 10.88 | 18.06 | 27.57 | 30.71 | 30.71 | 30.71 | 30.71 | 30.71 | 30.71 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 185 | 232 | 284 | 226 | 176 | 37 | 138 | 75 | 206 | 87 |
| Operating Expenses ⓘ + | 172 | 213 | 253 | 197 | 203 | 90 | 164 | 59 | 122 | 99 |
| Operating Profit ⓘ | 13 | 19 | 31 | 29 | -26 | -52 | -26 | 16 | 85 | -12 |
| Operating Profit Margin (%) | 7.2% | 8.1% | 10.8% | 13.0% | -14.8% | -140.0% | -18.7% | 21.6% | 41.1% | -13.5% |
| Other Income ⓘ + | 11 | 6 | 8 | 7 | 25 | 11 | 10 | 10 | 232 | 12 |
| Interest ⓘ | 33 | 33 | 36 | 33 | 32 | 30 | 29 | 38 | 24 | 25 |
| Depreciation ⓘ | 2 | 6 | 6 | 5 | 4 | 4 | 3 | 3 | 3 | 3 |
| Profit Before Tax ⓘ | -11 | -15 | -3 | -2 | -38 | -73 | -49 | -109 | 287 | -28 |
| Tax ⓘ | -1 | -3 | 1 | -3 | -4 | -18 | -7 | 8 | 54 | 0 |
| Profit After Tax | -10 | -12 | -5 | 1 | -34 | -56 | -42 | -117 | 234 | -28 |
| PAT Margin (%) | -5.4% | -5.1% | -1.7% | 0.5% | -19.5% | -149.0% | -30.3% | -156.0% | 113.1% | -32.5% |
| Adjusted EPS (₹) | -0.8 | -1.0 | -0.4 | 0.1 | -2.9 | -4.6 | -3.5 | -9.8 | 19.5 | -2.0 |
| Dividend Payout Ratio (%) | 0% | -5.10% | -12.50% | 49.40% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 370 | 358 | 366 | 366 | 327 | 272 | 231 | 115 | 352 | 377 | |
| Debt + | 287 | 399 | 537 | 545 | 462 | 226 | 212 | 196 | 97 | 76 | |
| Minority Interest | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 0 | 0 | |
| Trade Payables | 34 | 30 | 39 | 54 | 65 | 83 | 83 | 58 | 55 | 47 | |
| Others Liabilities ⓘ | 756 | 696 | 750 | 874 | 1,014 | 1,256 | 1,260 | 963 | 750 | 689 | |
| Total Liabilities ⓘ | 1,450 | 1,487 | 1,695 | 1,842 | 1,872 | 1,841 | 1,790 | 1,335 | 1,254 | 1,188 | |
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 71 | 88 | 92 | 77 | 66 | 62 | 59 | 48 | 46 | 52 | |
| CWIP ⓘ | 28 | 10 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 5 | |
| Investments ⓘ | 13 | 3 | 15 | 11 | 7 | 7 | 6 | 6 | 6 | 2 | |
| Inventories | 757 | 792 | 921 | 987 | 1,037 | 1,023 | 951 | 774 | 440 | 440 | |
| Trade Receivables | 198 | 184 | 217 | 329 | 383 | 332 | 324 | 125 | 248 | 272 | |
| Cash Equivalents | 34 | 18 | 16 | 6 | 19 | 60 | 45 | 21 | 49 | 40 | |
| Others Assets ⓘ | 349 | 391 | 423 | 420 | 349 | 346 | 394 | 349 | 452 | 376 | |
| Total Assets ⓘ | 1,450 | 1,487 | 1,695 | 1,842 | 1,872 | 1,841 | 1,790 | 1,335 | 1,254 | 1,188 | |
| PARTICULARS | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | -46 | -56 | -166 | -3 | 116 | 258 | 17 | 421 | -112 | 43 |
| Cash Flow From Investing Activity ⓘ + | -18 | -1 | 4 | 21 | 7 | 16 | 16 | 9 | 207 | 12 |
| Cash Flow From Financing Activity ⓘ | 46 | 49 | 165 | -26 | -115 | -265 | -43 | -357 | -138 | -77 |
| Net Proceeds from Shares ⓘ + | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50 |
| Net Cash Flow ⓘ | -18 | -8 | 4 | -8 | 9 | 9 | -10 | 73 | -43 | -22 |
| PARTICULARS | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -2.64 | -3.26 | -1.34 | 0.33 | -9.94 | -18.58 | -16.67 | -68.15 | 100.47 | -7.78 |
| ROCE (%) | 3.2 | 2.35 | 3.52 | 3.08 | -0.58 | -4.65 | -2.29 | -11.75 | 67.76 | -0.7 |
| Asset Turnover Ratio | 0.13 | 0.16 | 0.18 | 0.13 | 0.1 | 0.02 | 0.08 | 0.05 | 0.16 | 0.07 |
| PAT to CFO Conversion(x) | N/A | N/A | N/A | -3 | N/A | N/A | N/A | N/A | -0.48 | N/A |
| Working Capital Days | ||||||||||
| Receivable Days | 329.60 | 300.70 | 258.30 | 441.90 | 736.80 | 3,505 | 865.40 | 1,092.50 | 329.70 | 1,091.20 |
| Inventory Days | 1,447.70 | 1,217.90 | 1,100.80 | 1,540.90 | 2,093.10 | 0 | 2,604.70 | 4,200.50 | 1,072.70 | 1,844 |
| Payable Days | 567.70 | 328.90 | 222.60 | -5,634.60 | -1,299.90 | 1,342.30 | 3,060.80 | -3,090.20 | 861.90 | 0 |
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Vipul Ltd FAQs
The current trading price of Vipul on 15-Sep-2026 16:59 is ₹13.51.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 14-Sep-2026 the market cap of Vipul stood at ₹194.2 Cr
The latest P/E ratio of Vipul as of 14-Sep-2026 is 0.00.
The latest P/B ratio of Vipul as of 14-Sep-2026 is 0.51.
The 52-week high of Vipul is ₹18.71 and the 52-week low is ₹7.40.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vipul is ₹59.27 ( Cr.) .
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Vipul Ltd is a below average quality company.
The key valuation ratios of Vipul Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Vipul Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
About Vipul Ltd
Vipul limited, a synonym for happy buildings was established in 2001 and is a company constantly spreading happiness over the years through its landmark developments. A Vipul group company through its state-of-the-art technology and know-how is all set to bring a paradigm shift to the real estate industry.
Vipul has been and is continuing to drive value for its associates, clients and employees. With its entrepreneurial fervor, the group endeavors in real estate and facility management.
The group’s vision is to provide end to end solutions leading to higher returns with the mission to endorse its practice of encouraging innovative ventures with prudence. Excellence, Innovation, Integrity, Competence and Commitment are the core values of the group with which it looks to the future in great confidence.
With aggressive plans to expand across the national boundaries Vipul has already delivered about 6 Million Sq. Ft. and is presently working on an area of about 10 million sq ft through Integrated Townships, High-End Luxury Apartments, Independent Floors, Lavish Villas, Retail & Commercial Towers, Hotels and SEZ.
Vipul Townships are envisaged as the most desirable and sought after address of tomorrow. Nestled with the most exquisite luxuries and state of the art support systems, these town- ships personify the elegance of modern lifestyle.
Vipul is engaged in the construction of :
Integrated Townships
- Vipul World, Gurgaon- A 150 Acre (Approx) expertly Planned township in Sec-48, Gurgaon, Vipul World, a perfect blend of modern infrastructure & elegant lifestyle aesthetically nestled into manicured greens. This well planned township offers a choice of plots and designer villas. Breath-taking landscaping & a serene atmosphere add on to the grandeur of this township which is far from the maddening crowd.
- Vipul World, Ludhiana- A 109 Acre (Approx) contemporary integrated township Vipul World is strategically located on the Ludhiana Ferozpur road. With a wide choice of plots and high rise apartments, Vipul World will be known for its infrastructural development in times to come. Nestled with most exquisite luxuries, this township is very well connected.
Villas
- Tatvam Villas- Tatvam Villasâ€, spread over an area of 50 acres (approx), is a part of 150 acres premium integrated township called VIPUL WORLD on main Sohna Road, Gurgaon. 290 exclusive villas designed to match the taste of the discerning few, these villas are modern & contemporary in design with all the features to facilitate comfortable living, backed by plethora of modern services.
Commercial Projects
- Vipul Tech Square -Vipul Tech Square is sprawled on 1.08 acre is the culmination of the highest standards of quality and the the state of the art structure. A futuristic 18 storied commercial complex in salt lake been designed to take you right to the top, when it comes to office space.
- Vipul Trade Centre - Developed over an area of 4.06 acres (approx), Vipul Trade Centre boasts of a prime location on Gurgaon - Sohna Road. Amidst affluent commercial hubs and residential communities, this business address is envisaged as the axis for some fortune 500 companies.
- The Ace - The Ace located on NH-8 Manesar is spread over an area of 10.85 acres (approx). Divided into three zones Office Complex, Retail Destination and a Hotel by Radisson, The Ace is a perfect confluence of Business & Leisure. Total built up area: 8,00000 sq.ft(approx).
- Vipul World Commercial -Vipul World Commercial is an exceptional office complex located on the Gurgaon-Sohna Road and will cater to the overall needs of today's corporate houses. Spread over 3.65 Acres(approx) Vipul World Commercial will offer grand space that will enable the employees to work with leisure and complete peace of mind.
Group Housing Projects
- Vipul Floors -Vipul Floors, a part of the Ardee City, is a prestigious residential complex of independent floors. Offering luxurious living that is an expression of exuberant lifestyle and quite elegance, Vipul Floors is presently home for 72 families.
- Vipul Gardens -Vipul Gardens is a plush group housing strategically located on the Golf Course Road. Truly international in its layout and space management, Vipul Gardens is a home for approx.300 families.
- Vipul Greens - Admired as an exquisite attraction on the Gurgaon Sohna Road, Vipul Greens is an adobe, beautifully planned 17.18 acres of land where every window opens to verdant landscaping. 2 exquisitely planned apartments per floor with spacious living options. Currently 644 families are residing happily.
- Vipul Belmonte - Considered as one of the top elite addresses of the NCR, Vipul Belmonte is a luxury group housing on the Golf Course road. A haven for 312 families it is set amidst lush greens and water bodies over an area of approx 11.4 acres.
Subsidiaries:
- Vipul Facility Management(VFM).
- NGENOX
Future plan:
Vipul is planning to build 900 acre integrated township in Ludhiana.
You have 47 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
