Vipul Organics Ltd

Vipul Organics Ltd

₹ 250 0.00%
22 Nov 12:13 p.m.
About

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

Key Points

Product Profile:[1]
Pigment Powder, Pigment Dispersions, Reactive Dyes, Direct Dyes, Acid Dyes, Naphthols, Fast Color Bases, Fast Color Salts, Vat Dyes & Vat Paste, Basic Dyes, Food Colors & Lake Colors, Intermediates for Dyestuffs & Pigmets

  • Market Cap 329 Cr.
  • Current Price 250
  • High / Low 329 / 128
  • Stock P/E 80.9
  • Book Value 45.8
  • Dividend Yield 0.39 %
  • ROCE 7.52 %
  • ROE 5.35 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 36.8%

Cons

  • Stock is trading at 5.46 times its book value
  • The company has delivered a poor sales growth of 10.7% over past five years.
  • Company has a low return on equity of 7.36% over last 3 years.

* 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.

Peer comparison

Sector: Chemicals Industry: Dyes And Pigments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
31.04 30.90 38.88 37.90 36.76 27.88 31.39 36.14 36.53 37.42 39.99 38.06 39.24
27.37 26.85 33.97 34.33 34.17 25.54 28.20 33.53 33.64 34.35 36.83 34.79 35.57
Operating Profit 3.67 4.05 4.91 3.57 2.59 2.34 3.19 2.61 2.89 3.07 3.16 3.27 3.67
OPM % 11.82% 13.11% 12.63% 9.42% 7.05% 8.39% 10.16% 7.22% 7.91% 8.20% 7.90% 8.59% 9.35%
0.21 -0.01 0.17 0.03 0.08 0.01 -0.06 0.10 0.07 0.19 0.55 0.14 0.19
Interest 0.36 0.54 0.42 0.57 0.57 0.65 0.89 0.68 0.53 0.56 0.65 0.58 0.64
Depreciation 1.26 1.30 1.41 1.50 1.57 1.55 1.71 1.33 1.36 1.39 1.50 1.24 1.45
Profit before tax 2.26 2.20 3.25 1.53 0.53 0.15 0.53 0.70 1.07 1.31 1.56 1.59 1.77
Tax % 25.66% 30.91% 31.38% 30.72% 20.75% 13.33% 32.08% 27.14% 7.48% 38.93% 31.41% 28.30% 39.55%
1.67 1.51 2.23 1.06 0.42 0.13 0.36 0.52 1.00 0.80 1.07 1.14 1.06
EPS in Rs 1.40 1.22 1.74 0.83 0.33 0.10 0.28 0.41 0.78 0.62 0.82 0.88 0.81
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
34 44 52 52 57 79 90 93 120 133 134 150 155
33 42 50 50 54 75 84 84 103 117 122 138 142
Operating Profit 2 2 2 3 3 4 6 9 17 16 12 12 13
OPM % 5% 4% 5% 5% 6% 5% 7% 10% 14% 12% 9% 8% 9%
0 0 0 0 1 1 0 1 0 1 0 1 1
Interest 0 1 1 1 1 1 1 1 1 2 3 2 2
Depreciation 0 0 1 1 1 1 1 2 6 5 6 6 6
Profit before tax 1 1 1 1 2 3 5 7 10 10 3 5 6
Tax % 29% 33% 32% 32% 33% 33% 30% 33% 28% 28% 28% 28%
1 1 1 1 2 2 4 5 7 7 2 3 4
EPS in Rs 0.93 0.94 1.16 1.31 2.04 2.34 3.63 4.92 5.76 5.46 1.55 2.57 3.13
Dividend Payout % 69% 68% 55% 49% 32% 27% 18% 13% 13% 13% 58% 39%
Compounded Sales Growth
10 Years: 13%
5 Years: 11%
3 Years: 8%
TTM: 17%
Compounded Profit Growth
10 Years: 17%
5 Years: -3%
3 Years: -24%
TTM: 102%
Stock Price CAGR
10 Years: 31%
5 Years: 18%
3 Years: 24%
1 Year: 85%
Return on Equity
10 Years: 10%
5 Years: 10%
3 Years: 7%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 5 5 5 5 6 8 8 8 10 10 13 13 13
Reserves 7 7 7 8 12 18 21 25 29 42 41 45 47
9 9 10 7 10 19 19 22 30 30 31 30 32
11 13 14 14 18 27 26 42 39 45 40 49 61
Total Liabilities 33 35 37 34 47 71 74 96 107 127 125 137 153
4 4 6 6 6 6 6 32 29 36 35 32 39
CWIP 0 0 0 0 1 5 17 0 0 0 0 5 4
Investments 0 0 0 1 2 2 2 2 2 2 2 2 2
29 30 31 26 37 57 49 62 76 89 88 97 109
Total Assets 33 35 37 34 47 71 74 96 107 127 125 137 153

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0 2 3 6 -4 -8 15 14 -2 2 10 5
-1 -1 -2 -1 -2 -4 -11 -11 -1 -11 -3 -7
2 -1 -1 -4 7 11 -2 -0 4 5 -5 -2
Net Cash Flow 1 1 0 -0 1 -2 1 3 1 -3 3 -4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 124 82 83 72 93 129 82 98 107 115 91 107
Inventory Days 69 71 54 50 69 53 46 92 85 130 151 123
Days Payable 138 126 113 112 137 141 114 206 158 166 142 148
Cash Conversion Cycle 55 26 25 9 25 41 14 -15 34 79 100 82
Working Capital Days 102 71 55 36 67 91 57 40 87 105 104 104
ROCE % 7% 7% 8% 9% 12% 12% 13% 16% 18% 14% 7% 8%

Shareholding Pattern

Numbers in percentages

1 Recently
Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Oct 2024
66.22% 66.22% 66.22% 66.22% 66.44% 66.44% 66.44% 66.76% 67.02% 67.02% 67.39% 67.39%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.26% 0.46% 0.46% 0.19% 0.19%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.99% 0.00% 0.00% 0.00% 0.00%
33.78% 33.78% 33.77% 33.78% 33.56% 33.55% 33.57% 31.99% 32.52% 32.52% 32.43% 32.43%
No. of Shareholders 7,7008,3718,1397,9097,6747,4487,2046,8646,8646,7596,4146,414

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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