Vipul Ltd

Vipul Ltd

₹ 48.2 0.40%
12 Jul - close price
About

Incorporated in 1991, Vipul Ltd is in the
business of Real Estate Development[1]

Key Points

Business Overview:[1]
Company is a part of the Vipul Group. Its projects include a range of residential, commercial, retail, integrated townships, and lifestyle gated communities, built in
partnership with contractors and consultants.
Company portfolio consists of over 10 million sq. ft. of delivered properties for over 7,000 customers in Gurugram and it has also undertaken projects in other key cities such as Bhubaneswar, Ludhiana, Dharuhera, Bawal, and Faridabad

  • Market Cap 578 Cr.
  • Current Price 48.2
  • High / Low 53.0 / 12.6
  • Stock P/E 2.28
  • Book Value 29.3
  • Dividend Yield 0.00 %
  • ROCE 68.0 %
  • ROE 101 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 188% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.6%

Cons

  • Promoter holding has decreased over last quarter: -11.9%
  • Contingent liabilities of Rs.505 Cr.
  • Earnings include an other income of Rs.230 Cr.
  • Company has high debtors of 439 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

Sector: Realty Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
17.90 17.00 76.70 26.65 13.74 46.78 6.28 8.11 6.11 7.47 157.14 35.77 15.86
16.79 37.79 72.36 37.53 19.21 9.78 11.26 12.76 12.40 10.69 78.28 20.42 12.48
Operating Profit 1.11 -20.79 4.34 -10.88 -5.47 37.00 -4.98 -4.65 -6.29 -3.22 78.86 15.35 3.38
OPM % 6.20% -122.29% 5.66% -40.83% -39.81% 79.09% -79.30% -57.34% -102.95% -43.11% 50.18% 42.91% 21.31%
1.71 1.22 1.59 4.95 -92.28 1.87 2.33 3.69 2.11 2.34 13.54 211.31 2.73
Interest 6.92 7.13 7.57 7.37 10.54 10.68 10.57 6.28 10.51 6.57 10.26 -3.27 3.61
Depreciation 0.80 0.80 0.80 0.73 0.71 0.68 0.71 0.68 0.63 0.72 0.71 0.69 0.69
Profit before tax -4.90 -27.50 -2.44 -14.03 -109.00 27.51 -13.93 -7.92 -15.32 -8.17 81.43 229.24 1.81
Tax % 13.67% 21.27% 22.13% 0.00% -0.13% 32.10% 0.07% 12.50% 0.00% -109.06% 22.41% 11.57% 0.00%
-4.24 -21.65 -1.90 -14.03 -109.13 18.67 -13.92 -6.92 -15.31 -17.08 63.18 202.72 1.81
EPS in Rs -0.35 -1.80 -0.16 -1.17 -9.10 1.56 -1.16 -0.58 -1.28 -1.42 5.27 16.90 0.15
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
413 261 234 185 232 284 226 176 37 138 75 206 216
376 251 224 172 212 253 196 203 90 160 59 122 122
Operating Profit 38 10 10 13 20 31 30 -26 -53 -22 16 85 94
OPM % 9% 4% 4% 7% 9% 11% 13% -15% -141% -16% 22% 41% 44%
2 5 3 11 4 8 7 25 13 5 -85 229 230
Interest 18 19 26 33 34 36 33 32 30 29 38 24 17
Depreciation 1 1 1 2 6 6 5 4 4 3 3 3 3
Profit before tax 21 -6 -13 -11 -15 -3 -2 -38 -73 -49 -109 287 304
Tax % 37% -36% 16% 7% 22% -45% 170% 10% 24% 14% -7% 19%
13 -8 -11 -10 -12 -5 1 -34 -56 -42 -117 234 251
EPS in Rs 1.08 -0.66 -0.94 -0.82 -0.99 -0.40 0.10 -2.86 -4.63 -3.49 -9.78 19.46 20.90
Dividend Payout % 14% -8% 0% 0% -5% -13% 49% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -2%
5 Years: -2%
3 Years: 77%
TTM: 221%
Compounded Profit Growth
10 Years: 43%
5 Years: 188%
3 Years: 80%
TTM: 1573%
Stock Price CAGR
10 Years: 10%
5 Years: 2%
3 Years: 13%
1 Year: 249%
Return on Equity
10 Years: 1%
5 Years: 4%
3 Years: 26%
Last Year: 101%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 12 12 12 12 12 12 12 12 12 12 12 12
Reserves 388 379 368 358 346 354 354 315 260 219 103 340
142 142 299 379 457 665 652 641 633 603 266 188
656 678 658 709 688 687 851 935 984 1,011 1,061 716
Total Liabilities 1,198 1,211 1,337 1,458 1,503 1,717 1,869 1,903 1,889 1,845 1,442 1,255
27 29 28 71 96 100 82 70 67 59 48 46
CWIP 18 23 44 28 10 11 11 12 12 12 12 12
Investments 10 12 13 13 3 7 7 7 7 6 6 6
1,144 1,147 1,252 1,345 1,394 1,599 1,770 1,814 1,804 1,768 1,375 1,190
Total Assets 1,198 1,211 1,337 1,458 1,503 1,717 1,869 1,903 1,889 1,845 1,442 1,255

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
32 30 -109 -46 -56 -166 -3 116 258 17 421 -112
-10 -7 -20 -18 -2 4 21 7 16 16 9 207
-30 -22 131 46 50 165 -26 -115 -265 -43 -357 -138
Net Cash Flow -8 1 1 -18 -8 4 -8 9 9 -10 73 -43

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 91 160 212 391 290 280 532 792 3,254 855 608 439
Inventory Days 3,306 4,824 1,551
Days Payable 247 421 193
Cash Conversion Cycle 3,150 160 212 391 290 280 532 792 3,254 5,258 608 1,796
Working Capital Days 307 535 808 1,045 811 883 1,159 1,266 6,590 1,528 1,093 610
ROCE % 7% 3% 2% 3% 2% 4% 3% -2% -5% -2% 4% 68%

Shareholding Pattern

Numbers in percentages

6 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024May 2024
63.43% 63.43% 63.43% 63.43% 63.43% 63.43% 63.43% 63.43% 63.43% 63.43% 60.52% 51.51%
0.40% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.19% 1.89%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.52%
36.17% 36.57% 36.57% 36.57% 36.56% 36.57% 36.56% 36.57% 36.57% 36.58% 39.29% 46.08%
No. of Shareholders 4,7735,3776,6556,4637,3237,2036,9286,7927,2397,7438,9768,506

* 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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