Vipul (VIPULLTD) is loss-making over the last 12 months, losing ₹7.78 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹8.78, 53% below its 52-week high. Sales fell 7.4% a year over 3 years. Debt is 0.22× equity. It is a small-cap company with a market cap of ₹124 Cr, ranked 8th of 14 Real Estate (Diversified) companies by market cap; the shares rose 3.3% over the past year.
- ₹9.10
- ₹9.10
- ₹8.70
- ₹9.03
- 1.5 L
Health check
- ReturnsAhead
+3.3% over a year, better than 6 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthShrinking
Sales −7.4% a year over 3 years.
- ProfitabilityWeak
ROCE 0.0% vs peer median 8.8%.
- Balance sheetStretched
Debt 0.22× equity, interest covered 0.0×, Piotroski 4 of 9.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Defensive
Key metrics
- Market cap
- ₹124 Cr
- Small cap
- P/E
- n/a
- Industry 13.8
- Price to book
- 0.34
- Peers 1.80
- Dividend yield
- 0.00%
- ROE
- −2.3%
- Peers 5.0%
- ROCE
- 0.0%
- Peers 8.8%
- Debt to equity
- 0.22
- Debt ₹82 Cr
- EPS (TTM)
- −₹0.55
- Face value ₹1
- OPM (TTM)
- −62.7%
- Net margin −11.9%
- Sales growth
- +356.1%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 1.89
- EV/EBITDA −4.3
Strengths and risks
Strengths
- Quarterly sales up 356.1% on a year ago.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −2.3%.
- 53% below its 52-week high.
- Interest coverage of only −3.9×.
About Vipul
Vipul Limited engages in the development of real estate properties in India. The company's project portfolio includes a range of residential properties, such as integrated townships, villas, and lifestyle gated communities, as well as commercial and retail properties. The company was formerly known as Vipul Infrastructure Developers Ltd and changed its name to Vipul Limited in January 2006. Vipul Limited was incorporated in 1991 and is based in Gurugram,…
- Headquarters
- Gurugram
- Employees
- 49
- Sector
- Real Estate
- ISIN
- INE946H01037
- Website
- vipulgroup.in
Price range
- Avg volume (3M)
- 1.8 L
- 1-year return
- plus 3.3%
- From 52-week high
- minus 52.8%
Peers · Real Estate - Diversified
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| PHOENIXLTDPhoenix Mills | 2,154.90 | plus 1.36% | 77,079 | 59.0 | 30.4 | 11.8% | 60.2% | 0.54 | 18.4% | plus 20.3% |
| PRESTIGEPrestige Estates Projects | 1,629.00 | minus 0.85% | 70,166 | 75.2 | 22.7 | 12.5% | 28.2% | 1.05 | 15.2% | minus 5.9% |
| EMBDLEmbassy Developments | 51.71 | minus 2.29% | 7,359 | – | – | −2.5% | −38.2% | 0.53 | 66.4% | minus 42.9% |
| HEMIPROPHemisphere Properties India | 109.58 | minus 1.81% | 3,124 | – | – | −1.1% | −960.1% | 0.20 | −20.9% | minus 19.0% |
| UNITECHUnitech | 3.87 | minus 1.02% | 1,013 | – | – | – | 2.0% | – | 8.5% | minus 44.3% |
| PROZONERProzone Realty | 53.73 | minus 1.16% | 820 | 244.2 | 17.3 | 5.7% | 30.7% | 1.35 | 4.1% | minus 19.0% |
| VEEGALANDVeegaland Developers | 137.58 | minus 0.30% | 671 | 20.3 | 19.0 | 14.0% | 17.2% | 0.32 | 32.1% | minus 6.0% |
| VIPULLTDVipul | 8.78 | minus 2.77% | 124 | – | – | 0.0% | −62.7% | 0.22 | −7.4% | plus 3.3% |
| Median of 7 peers | – | −1.02% | 3,124 | 67.1 | 20.8 | 8.8% | 17.2% | 0.54 | 15.2% | −19.0% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 1.7 | 7.9 | 9.2 | 40.8 | 7.7 | |
| 13.9 | 10.8 | 10.5 | 58.7 | 26.8 | |
| −12.2 | −2.8 | −1.3 | −18 | −19 | |
| −721.4% | −35.3% | −14.6% | −44.1% | −246.4% | |
| 11.4 | 3.1 | 3.2 | 10.6 | 20.1 | |
| 0.5 | 0.3 | 0.4 | 6.4 | 1.6 | |
| 0.1 | 0.1 | 0.3 | 0.4 | 0.3 | |
| – | 7.4 | – | – | – | |
| −1.4 | 7.2 | 1.2 | −14.1 | −0.8 | |
| – | – | – | −9.5% | – | |
| −1.4 | 7.2 | 1.2 | −15.5 | −0.8 | |
| -0.10 | 0.51 | 0.09 | -1.10 | -0.05 |
Profit & loss
- Sales CAGR 3Y
- −7.4%
- ROE
- −2.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 74.9 | 206 | 87.1 | 59.6 | |
| – | +175.6% | minus 57.8% | minus 31.6% | |
| 58.8 | 122 | 100 | 87.6 | |
| 16.2 | 84.8 | −13 | −28 | |
| 21.6% | 41.1% | −14.9% | −47.0% | |
| 9.4 | 223 | 11.8 | 27.8 | |
| 37.5 | 24 | 23 | 7.1 | |
| 2.8 | 2.7 | 2.8 | 0.9 | |
| −94.6 | 5.8 | −1.3 | 1 | |
| −109 | 287 | −28.2 | −7.1 | |
| −7.3% | 18.7% | −0.1% | −19.0% | |
| −92.7 | 234 | −28.3 | −8.4 | |
| -9.78 | 19.46 | -2.05 | -0.60 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 12 | 12 | 14.1 | 14.1 | |
| 103 | 340 | 363 | 352 | |
| 278 | 188 | 106 | 81.6 | |
| 997 | 716 | 706 | 668 | |
| 1,390 | 1,255 | 1,190 | 1,116 | |
| 44 | 42.5 | 41.2 | 11.5 | |
| 11.9 | 12.1 | 5.1 | 5.3 | |
| 6.2 | 6.4 | 2.2 | 2.3 | |
| 9.7 | 42.4 | 20.3 | 8.1 | |
| 1,318 | 1,152 | 1,121 | 1,089 | |
| 1,390 | 1,255 | 1,190 | 1,116 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 421 | −112 | 43 | −30.5 | |
| 8.8 | 207 | 11.7 | 8.8 | |
| −357 | −138 | −76.7 | 9.6 | |
| 72.6 | −43.4 | −22.1 | −12.2 | |
| −0.3 | −1.8 | −1.4 | −3.3 | |
| 420 | −114 | 41.5 | −33.8 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.