Vigor Plast India Ltd
Incorporated in 2012, Vigor Plast India Limited is engaged in the manufacturing and supplying of CPVC and UPVC pipes and fittings.[1]
- Market Cap ₹ 91.6 Cr.
- Current Price ₹ 88.5
- High / Low ₹ 98.0 / 44.8
- Stock P/E 10.0
- Book Value ₹ 38.6
- Dividend Yield 0.00 %
- ROCE 35.2 %
- ROE 34.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 45.1%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Industrials Capital Goods Industrial Products Plastic Products - Industrial
Part of Nifty SME Emerge
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 32.32 | 37.28 | 42.48 | 45.58 | 65.85 | |
| 29.44 | 34.20 | 34.93 | 33.50 | 47.56 | |
| Operating Profit | 2.88 | 3.08 | 7.55 | 12.08 | 18.29 |
| OPM % | 8.91% | 8.26% | 17.77% | 26.50% | 27.78% |
| 0.23 | 0.10 | 0.04 | 0.44 | 0.04 | |
| Interest | 0.80 | 0.88 | 0.99 | 1.76 | 1.38 |
| Depreciation | 1.86 | 1.96 | 2.47 | 3.91 | 4.77 |
| Profit before tax | 0.45 | 0.34 | 4.13 | 6.85 | 12.18 |
| Tax % | 33.33% | 14.71% | 29.06% | 24.82% | 25.21% |
| 0.30 | 0.30 | 2.93 | 5.15 | 9.12 | |
| EPS in Rs | 6.00 | 6.00 | 58.60 | 6.56 | 8.81 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 21% |
| TTM: | 44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 212% |
| TTM: | 77% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 45% |
| Last Year: | 35% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.50 | 0.50 | 0.50 | 7.85 | 10.35 |
| Reserves | 0.85 | 1.14 | 4.07 | 4.93 | 29.65 |
| 12.67 | 11.29 | 21.56 | 17.72 | 6.53 | |
| 6.55 | 7.15 | 9.76 | 10.00 | 14.61 | |
| Total Liabilities | 20.57 | 20.08 | 35.89 | 40.50 | 61.14 |
| 10.28 | 10.67 | 15.75 | 27.85 | 31.08 | |
| CWIP | 0.00 | 0.00 | 3.01 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 10.29 | 9.41 | 17.13 | 12.65 | 30.06 | |
| Total Assets | 20.57 | 20.08 | 35.89 | 40.50 | 61.14 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -0.75 | 4.58 | 1.97 | 14.57 | 5.03 | |
| -1.16 | -2.09 | -11.49 | -12.11 | -6.86 | |
| 1.92 | -2.27 | 9.29 | -2.46 | 5.57 | |
| Net Cash Flow | 0.01 | 0.22 | -0.23 | 0.00 | 3.73 |
| Free Cash Flow | -2.37 | 2.24 | -8.59 | 1.57 | -3.02 |
| CFO/OP | -26% | 153% | 39% | 135% | 45% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 25.97 | 24.57 | 25.26 | 15.46 | 34.20 |
| Inventory Days | 79.87 | 56.24 | 107.88 | 115.24 | 157.31 |
| Days Payable | 82.88 | 76.89 | 87.50 | 93.61 | 94.51 |
| Cash Conversion Cycle | 22.96 | 3.93 | 45.64 | 37.09 | 97.00 |
| Working Capital Days | -68.21 | -73.43 | -45.37 | -51.65 | 50.22 |
| ROCE % | 9.05% | 26.22% | 30.41% | 35.21% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Actual Production Volume - Fittings Tonnes |
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| Actual Production Volume - Pipes Tonnes |
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| Capacity Utilization - Fittings % |
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| Capacity Utilization - Pipes % |
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| Installed Capacity - Fittings Tonnes |
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| Installed Capacity - Pipes Tonnes |
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| Number of Distributors/Dealers Count |
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| Team Size (Employee Count) Count |
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| Number of SKUs Count |
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| Number of Warehouses Count |
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| States and Union Territories Covered Count |
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Extracted by Screener AI
Documents
Announcements
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Disclosure under SEBI Takeover Regulations
15 June 2026 - Jayesh Premjibhai Kathiriya has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …
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Disclosure under SEBI Takeover Regulations
3 June 2026 - Jashvantiben Rajeshbhai Kathiriya has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …
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Structural Digital Database
30 May 2026 - SDD compliance certificate filed for Sep 12, 2025-Mar 31, 2026; 2 UPSI events captured.
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Statement of deviation(s) or variation(s) under Reg. 32
27 May 2026 - Q4 FY26 IPO fund utilization report shows no deviation; ₹2,024.35 lakh raised, audit committee reviewed.
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Outcome of Board Meeting
27 May 2026 - FY26 audited standalone results: revenue Rs 6,585.38 lakh, net profit Rs 912.37 lakh; unmodified audit opinion.
Concalls
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Dec 2025Transcript PPT REC
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Nov 2025TranscriptAI SummaryPPT
Business Profile[1]
The company manufactures PVC, uPVC, and cPVC pipes, fittings, and related products used in plumbing, irrigation, and SWR (Soil, Waste, Rainwater) systems, catering to residential, commercial, agricultural, and industrial sectors.