Vippy Spinpro Ltd

Vippy Spinpro Ltd

₹ 176 0.03%
05 Jun - close price
About

Incorporated in 1992, Vippy Spin
pro Ltd manufactures cotton yarn
for different applications by Rotor
Spinning[1]

Key Points

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

  • 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
47.22 64.36 61.92 60.04 63.30 70.14 69.36 69.91 70.04 71.17 52.83 55.50 88.69
44.87 61.12 58.26 56.15 56.38 64.41 61.87 62.06 65.16 63.19 47.06 49.75 78.90
Operating Profit 2.35 3.24 3.66 3.89 6.92 5.73 7.49 7.85 4.88 7.98 5.77 5.75 9.79
OPM % 4.98% 5.03% 5.91% 6.48% 10.93% 8.17% 10.80% 11.23% 6.97% 11.21% 10.92% 10.36% 11.04%
0.36 0.04 0.25 0.19 0.41 0.42 0.18 0.44 0.87 0.54 0.84 0.01 1.40
Interest 0.36 0.71 0.62 0.59 0.98 1.15 0.63 0.74 -1.16 0.76 0.53 -0.18 1.35
Depreciation 2.01 2.39 2.39 2.39 2.66 2.47 2.49 2.47 2.60 2.18 2.18 2.97 5.04
Profit before tax 0.34 0.18 0.90 1.10 3.69 2.53 4.55 5.08 4.31 5.58 3.90 2.97 4.80
Tax % 35.29% 27.78% 25.56% 30.00% 24.66% 27.27% 25.93% 26.38% 41.07% 27.96% 29.74% 38.38% 29.79%
0.22 0.14 0.68 0.77 2.78 1.84 3.37 3.73 2.55 4.03 2.75 1.83 3.38
EPS in Rs 0.37 0.24 1.16 1.31 4.74 3.13 5.74 6.35 4.34 6.87 4.68 3.12 5.76
Raw PDF

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
Installed Capacity - Spinning
Rotors
Installed Capacity - Cotton Yarn
MTPA
Captive Power - Solar
MW
Captive Power - Windmill
MW
Green Energy Utilization (Solar & Wind)
% of total energy

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
66.57% 66.57% 66.57% 66.57% 66.57% 66.57% 66.57% 66.57% 66.57% 66.57% 66.57% 66.57%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
33.38% 33.39% 33.39% 33.39% 33.40% 33.40% 33.39% 33.39% 33.40% 33.39% 33.39% 33.40%
No. of Shareholders 8,2118,1418,0398,1248,0377,8968,0577,9937,8968,0227,9887,942

* 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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