Vippy Spinpro Ltd
Incorporated in 1992, Vippy Spin
pro Ltd manufactures cotton yarn
for different applications by Rotor
Spinning[1]
- Market Cap ₹ 103 Cr.
- Current Price ₹ 176
- High / Low ₹ 202 / 131
- Stock P/E 8.62
- Book Value ₹ 170
- Dividend Yield 0.00 %
- ROCE 11.9 %
- ROE 12.8 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.04 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.1% over last 3 years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 64.5 to 87.7 days.
* 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 95 | 88 | 98 | 105 | 114 | 111 | 88 | 139 | 156 | 250 | 279 | 268 | |
| 87 | 81 | 93 | 98 | 105 | 104 | 81 | 123 | 140 | 232 | 254 | 240 | |
| Operating Profit | 8 | 7 | 5 | 7 | 9 | 7 | 7 | 17 | 17 | 18 | 26 | 29 |
| OPM % | 8% | 7% | 6% | 7% | 8% | 6% | 8% | 12% | 11% | 7% | 9% | 11% |
| 1 | 1 | 1 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 2 | 4 | |
| Interest | 1 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 1 | 3 | 1 | 2 |
| Depreciation | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 3 | 10 | 10 | 12 |
| Profit before tax | 5 | 5 | 5 | 5 | 6 | 5 | 5 | 16 | 14 | 6 | 16 | 17 |
| Tax % | 32% | 32% | 29% | 30% | 25% | 16% | 27% | 25% | 26% | 26% | 30% | 31% |
| 3 | 3 | 3 | 3 | 4 | 4 | 4 | 12 | 11 | 4 | 11 | 12 | |
| EPS in Rs | 5.54 | 5.26 | 5.66 | 5.84 | 7.61 | 6.46 | 6.76 | 20.73 | 18.25 | 7.43 | 19.57 | 20.41 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 25% |
| 3 Years: | 20% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 25% |
| 3 Years: | 5% |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 23% |
| 3 Years: | 2% |
| 1 Year: | 1% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 14% |
| 3 Years: | 11% |
| Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 20 | 23 | 27 | 30 | 35 | 38 | 42 | 55 | 65 | 70 | 82 | 94 |
| 12 | 5 | 15 | 18 | 20 | 9 | 3 | 14 | 36 | 62 | 33 | 112 | |
| 6 | 6 | 4 | 5 | 8 | 6 | 7 | 7 | 8 | 10 | 10 | 18 | |
| Total Liabilities | 43 | 39 | 52 | 58 | 69 | 58 | 58 | 81 | 115 | 148 | 131 | 230 |
| 13 | 11 | 11 | 16 | 15 | 13 | 11 | 10 | 60 | 61 | 54 | 107 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| 30 | 28 | 41 | 42 | 53 | 45 | 47 | 67 | 55 | 86 | 76 | 122 | |
| Total Assets | 43 | 39 | 52 | 58 | 69 | 58 | 58 | 81 | 115 | 148 | 131 | 230 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12 | 7 | -9 | 5 | -1 | 11 | 5 | -7 | 27 | -13 | 29 | -17 | |
| -0 | -0 | -1 | -7 | -1 | 1 | 0 | -4 | -48 | -10 | -2 | -64 | |
| -12 | -7 | 10 | 2 | 1 | -12 | -6 | 10 | 21 | 23 | -28 | 80 | |
| Net Cash Flow | -0 | -0 | -0 | 0 | -0 | 0 | 0 | -0 | 0 | -0 | 0 | -0 |
| Free Cash Flow | 12 | 7 | -10 | -2 | -2 | 12 | 5 | -11 | -22 | -24 | 27 | -82 |
| CFO/OP | 182% | 132% | -137% | 92% | 9% | 196% | 96% | -20% | 182% | -62% | 131% | -42% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 38 | 31 | 32 | 45 | 58 | 68 | 72 | 56 | 46 | 50 | 56 | 88 |
| Inventory Days | 85 | 94 | 127 | 103 | 127 | 95 | 154 | 135 | 87 | 81 | 38 | 62 |
| Days Payable | 1 | 2 | 0 | 2 | 11 | 4 | 8 | 6 | 4 | 5 | 1 | 5 |
| Cash Conversion Cycle | 123 | 123 | 159 | 147 | 173 | 159 | 218 | 185 | 129 | 125 | 94 | 144 |
| Working Capital Days | 62 | 80 | 69 | 77 | 88 | 106 | 154 | 107 | 86 | 59 | 68 | 71 |
| ROCE % | 14% | 14% | 11% | 11% | 12% | 9% | 11% | 26% | 16% | 7% | 14% | 12% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Production Volume - Cotton Yarn MT |
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| Sales Volume - Cotton Yarn MT |
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| Installed Capacity - Spinning Rotors |
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| Installed Capacity - Cotton Yarn MTPA |
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| Captive Power - Solar MW |
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| Captive Power - Windmill MW |
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| Green Energy Utilization (Solar & Wind) % of total energy |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 May - Copy of Newspaper Publication of Extract of Audited Financials Results of the Company for the Quarter and Financial Year ended on 31st March 2026.
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Appointment Of Internal Auditor And Cost Auditor.
22 May - Board appointed R.K. Saklecha & Associates as Internal Auditor and M. Goyal & Co. as Cost Auditor for FY2026-27.
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Audited Financial Results For The Year And Quarter Ended On 31St March 2026.
22 May - Board approved FY26 audited results; auditors issued unmodified opinion on May 22, 2026.
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Board Meeting Outcome for Outcome Of Board Meeting Dated 22.05.2026.
22 May - Board approved FY26 audited financial results; auditors issued unmodified opinion.
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Update on board meeting
14 May - Board meeting rescheduled to 22 May 2026, 5 PM, to approve FY26 audited results and statements.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
from bse
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1][2]
VSL is a Cotton Yarn Spinning company. It produces yarn counts ranging from 6s to 20s, with Count Strength Product values of 1450, 1750, 1800, 1900 & 2000. Also, company offers Two-for-One spin upto 5 ply, providing versatility in yarn construction. Company also specializes in production of waxed yarn, slub yarns, multi-count yarn, multi-twist yarns and waxed yarn, low twist yarns, soft yarns, contamination free yarn and contamination controlled yarn