Price
Financials
Standalone, Rs crore| Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | |
|---|---|---|---|---|---|
| Sales | 399.92 | 165.10 | 289.01 | 367.25 | 195.77 |
| Expenses | 395.05 | 163.19 | 284.61 | 362.17 | 187.13 |
| Operating Profit | 4.87 | 1.91 | 4.40 | 5.08 | 8.64 |
| OPM % | 1.22% | 1.16% | 1.52% | 1.38% | 4.41% |
| Other Income | 1.37 | 1.13 | 1.35 | -2.28 | -1.74 |
| Interest | 0.41 | 0.11 | 0.38 | 1.10 | 1.37 |
| Depreciation | 1.08 | 1.08 | 1.11 | 1.12 | 1.06 |
| Profit before tax | 4.75 | 1.85 | 4.26 | 0.58 | 4.47 |
| Tax % | 20.00% | 20.00% | 21.36% | 20.69% | 21.25% |
| Net Profit | 3.80 | 1.48 | 3.35 | 0.46 | 3.52 |
| EPS in Rs | 0.24 | 0.09 | 0.21 | 0.03 | 0.22 |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 735 | 765 | 970 | 1,225 | 1,018 | 955 | 822 | 1,093 | 1,082 | 1,397 | 1,096 | 1,639 |
| Expenses | 721 | 745 | 949 | 1,204 | 997 | 935 | 794 | 1,050 | 1,019 | 1,335 | 1,059 | 1,609 |
| Operating Profit | 13 | 20 | 22 | 22 | 21 | 20 | 28 | 43 | 63 | 62 | 37 | 30 |
| OPM % | 1.8% | 2.6% | 2.2% | 1.8% | 2.0% | 2.1% | 3.4% | 4.0% | 6% | 4.5% | 3.4% | 1.8% |
| Other Income | 1 | 2 | 3 | 4 | -2 | 6 | 5 | 9 | 8 | 8 | 13 | 14 |
| Interest | 1 | 2 | 1 | 2 | 3 | 4 | 1 | 3 | 5 | 3 | 5 | 7 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 2 | 7 | 8 | 8 | 4 | 4 | 5 |
| Profit before tax | 10 | 16 | 20 | 20 | 11 | 19 | 25 | 42 | 57 | 63 | 41 | 32 |
| Tax % | 6% | 21% | 20% | 20% | 21% | 21% | 36% | 41% | 38% | 37% | 27% | 23% |
| Net Profit | 9 | 13 | 16 | 16 | 9 | 15 | 16 | 25 | 36 | 40 | 30 | 24 |
| EPS in Rs | 0.59 | 0.79 | 0.98 | 1.01 | 0.55 | 0.94 | 1.00 | 1.53 | 2.23 | 2.48 | 1.87 | 1.52 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 8% | 15% | 15% | 50% | ||
| Compounded Profit Growth | 5% | 5% | -17% | -32% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | 13% | 13% | 12% | 7% |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 64 | 73 | 84 | 96 | 101 | 114 | 130 | 154 | 190 | 230 | 259 | 286 |
| Borrowings | 10 | 23 | 35 | 12 | 76 | 23 | 29 | 61 | 161 | 30 | 157 | 256 |
| Other Liabilities | 38 | 47 | 35 | 38 | 40 | 41 | 36 | 57 | 77 | 70 | 42 | 56 |
| Total Liabilities | 127 | 159 | 170 | 162 | 234 | 194 | 211 | 288 | 445 | 346 | 473 | 615 |
| Fixed Assets | 65 | 61 | 57 | 52 | 46 | 43 | 46 | 47 | 47 | 48 | 69 | 67 |
| CWIP | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 7 |
| Other Assets | 61 | 97 | 112 | 109 | 188 | 150 | 165 | 240 | 397 | 296 | 403 | 541 |
| Total Assets | 127 | 159 | 170 | 162 | 234 | 194 | 211 | 288 | 445 | 346 | 473 | 615 |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 4 | 5 | 20 | 1 | -9 | 2 | 29 | 39 | -128 | 127 | -47 | -171 |
| Cash from Investing Activity | -4 | -4 | -4 | -3 | -2 | -2 | -10 | -8 | -9 | -2 | -76 | 114 |
| Cash from Financing Activity | 4 | 16 | -2 | 0 | 65 | -54 | 6 | 31 | 100 | -134 | 122 | 92 |
| Net Cash Flow | 4 | 17 | 15 | -2 | 55 | -54 | 25 | 62 | -37 | -8 | 0 | 35 |
| Free Cash Flow | 0 | 1 | 16 | -3 | -11 | 0 | 19 | 30 | -136 | 122 | -67 | -174 |
| CFO/OP | 28% | 26% | 93% | 4% | -43% | 11% | 103% | 89% | -204% | 205% | -90% | -549% |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 10 | 7 | 6 | 6 | 12 | 17 | 13 | 10 | 13 | 24 | 6 | 25 |
| Inventory Days | 10 | 26 | 21 | 13 | 20 | 25 | 32 | 28 | 90 | 25 | 71 | 70 |
| Days Payable | 6 | 11 | 5 | 4 | 7 | 6 | 3 | 6 | 12 | 5 | 5 | 7 |
| Cash Conversion Cycle | 13 | 22 | 21 | 15 | 25 | 36 | 43 | 32 | 91 | 44 | 73 | 88 |
| Working Capital Days | 6 | -0 | -1 | 6 | 17 | 16 | 14 | -2 | 23 | 29 | 27 | 41 |
| ROCE % | 13% | 18% | 17% | 17% | 14% | 14% | 16% | 22% | 21% | 20% | 13% | 7% |
Fundamentals
Market Cap₹ Cr.
Current Price₹ 7.12
Book Value₹ 18.8
ROCE6.85 %
ROE7.08 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)50%
Compounded Profit Growth (TTM)-32%
Standalone figures.
Valuation
P/E, 3-year average3.79x
P/B, 3-year average0.42x
P/E, 5-year average3.84x
P/B, 5-year average0.50x
Profitability
Operating margin (excl. other income)1.83%
Operating margin (incl. other income)2.70%
EBITDA margin2.70%
Pre-tax margin1.94%
Net profit margin1.49%
ROE8.46%
ROCE7.90%
ROA4.49%
ROE, 3-year average12.52%
ROCE, 3-year average13.85%
ROA, 3-year average7.29%
ROE, 5-year average14.43%
ROCE, 5-year average16.88%
ROA, 5-year average8.30%
ROIC (approx.)5.81%
Tax rate23.21%
Other income / net worth4.72%
Growth
Sales growth (latest year)49.50%
Profit growth (latest year)-18.60%
Sales CAGR, 3 years14.85%
Sales CAGR, 5 years14.81%
Profit CAGR, 3 years-11.99%
Profit CAGR, 5 years8.70%
Per share
EPS (TTM)Rs 1.52
EPS (latest year)Rs 1.52
EPS, 3-year averageRs 1.95
EPS, 5-year averageRs 1.93
Book value per shareRs 18.84
Sales per shareRs 102.07
Cash flow per shareRs -10.64
Free cash flow per shareRs -10.84
Efficiency
Asset turnover2.67x
Fixed asset turnover24.55x
Inventory turnover5.31x
Inventory days69 days
Debtor days25 days
Debtors turnover14.58x
Creditor days7 days
Cash conversion cycle88 days
Working capital days41 days
Leverage
Total debtRs 256 Cr
Cash and bankRs 42 Cr
Net debtRs 214 Cr
Debt to equity0.85x
Net debt / EBITDA4.84x
Interest coverage5.34x
Owners' fund to total sources49.21%
Debt to assets41.69%
Cash flow
Cash from Operating Activity (latest year)Rs -171 Cr
Cash from Investing Activity (latest year)Rs 114 Cr
Cash from Financing Activity (latest year)Rs 92 Cr
Net Cash Flow (latest year)Rs 35 Cr
Free cash flow (latest year)Rs -174 Cr
FCFE (approx.: FCF + change in debt)Rs -75 Cr
Cash from ops / profit, 5 years-1.16x
Statement figures
Net sales (TTM)Rs 1,639 Cr
Net sales (latest year)Rs 1,639 Cr
Operating profit excl. other income (latest year)Rs 30 Cr
Other income (TTM)Rs 14 Cr
EBITDA (TTM)Rs 44 Cr
PBDT (TTM)Rs 37 Cr
Profit before tax (TTM)Rs 32 Cr
Tax (latest year)Rs 7 Cr
Net profit (TTM)Rs 24 Cr
Net profit (latest year)Rs 24 Cr
Depreciation (TTM)Rs 5 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 1,517 Cr
Total expenditure (latest year)Rs 1,609 Cr
Total income (latest year)Rs 1,653 Cr
Share capitalRs 16 Cr
ReservesRs 286 Cr
Shareholders' fundsRs 303 Cr
Total assetsRs 615 Cr
Net blockRs 67 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 7 Cr
ReceivablesRs 112 Cr
InventoryRs 286 Cr
Other liabilitiesRs 56 Cr
Shares outstanding (crore)16.06
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was -96% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 32% of total assets in 2021 |
| explain | Debt up, profit down Borrowings up 63% while net profit fell in 2021 |
| look | Profit leans on other income Other income was 45% of pre-tax profit in 2021 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2014Sales ₹196 Cr -51.0% vs Mar 2013.
Net profit ₹4 Cr -7.4%.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Vippy Industries Ltd?
Vippy Industries Ltd (519039) has a market capitalisation of Rs Cr. at the close.
What were Vippy Industries Ltd's latest quarterly results?
In the Mar 2014 quarter, Vippy Industries Ltd sales was Rs 196 Cr (-51.0% vs Mar 2013) and net profit was Rs 4 Cr.