Vipul Organics

Mumbai, India Founded: 1968 • Age: 58 yrs Listed
Manufacturer of reactive dyes, fast colour bases, salts and dyes intermideates

About Vipul Organics

Vipul Organics is a publicly listed company based in Mumbai (India) founded in 1968. Manufacturer of reactive dyes, fast colour bases, salts and dyes intermideates. The company has 116 employees. Its chief executive, as recorded, is Vipul Shah. Its Indian entity Vipul Organics Limited reported revenue of β‚Ή176 Cr. Its focus areas include Chemicals and Materials, Diversified Chemicals and Diversified.

Company details

Vipul Organics was established in 1968 and is headquartered in Mumbai, India. The company operates within the chemical sector, where reactive dyes, fast colour bases, salts, and dye intermediates are produced. Focus is placed on manufacturing processes for these materials, which support textile and related industries. Key leadership includes Vipul Shah as CEO.

  • Headquarters Mumbai, India
  • Employees 116
  • Stage Public
  • Sectors
    Chemicals & Materials
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website vipulorganics.com
  • Social LinkedIn Facebook
  • Legal Name Vipul Organics Limited
Key Metrics
  • Market Cap
    ₹405 Cr

    VIPULORG · BSE

  • Share Price
    ₹219.85

    +3.43% today

  • Revenue
    ₹175 Cr

    FY 2025-26 · +7.7% YoY

  • EBITDA
    ₹17.24 Cr

    Margin 9.8%

  • Net Profit
    ₹6.92 Cr

    FY 2025-26 · +67.6% YoY

  • P/E (TTM)
    49.6x

    P/B 3.5x

  • Latest Funding Round
    $3.97M (USD), Post-IPO

    Oct 2025

  • Employee Count
    116

Funding Insights of Vipul Organics

  • Total Rounds 1
  • Last Round Post-IPO β€” $3.97M
  • First Round $3.97M

    (Oct 2025)

All 1 funding rounds of Vipul Organics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2025$3.97MPost-IPO––
–

Board of directors of Vipul Organics Limited (Vipul Organics)

Vipul Organics Limited is the primary company behind Vipul Organics. The board of Vipul Organics Limited currently have 6 directors; the longest-serving is Vipul Pravinchandra Shah, appointed in 2010. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vipul Pravinchandra Shah
DIN 00181636
Managing Director15 Jul 201016 yrs 3 moVipul Organics Limited
Shiv Nath Sahai
DIN 00332652
Director01 Oct 201610 yrs 1 moVipul Organics Limited
Megha Satyendra Bhati
DIN 08278063
Director14 Nov 20187 yrs 11 moVipul Organics Limited
Mihir Vipul Shah
DIN 05126125
Whole-time director01 Apr 20206 yrs 7 moVipul Organics Limited
Rupesh Jagdish Agrawal
DIN 09797293
Director01 Apr 20242 yrs 7 moVipul Organics Limited
Siddhan Subramanian
DIN 02101174
Director01 Apr 20242 yrs 7 moVipul Organics Limited

People of Vipul Organics

4 people are tracked at Vipul Organics (3 in leadership, 1 in team); the tracked headcount is 116.

NameRoleGroup
CEOLeadership
Whole Time Director And Chief Financial OfficerLeadership
B. Pharma
Whole Time Director And Chief Financial OfficerLeadership
Nikita Darji
International Sales CoordinatorTeam
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Complete people profiles for Vipul Organics

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of Vipul Organics

Vipul Organics is a publicly listed company on the BSE with ticker symbol VIPULORG in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date30 Jul 2001
  • Listed onBSE: 530627
  • Listed entityVipul Organics Limited
  • Exchange sectorProcess industries
  • ISININE834D01018
  • Share price₹251.90 (+0.46% on the day) · 2026-10-14
  • Market capitalisation₹478 Cr
  • Price to earnings57.8
  • EPS (diluted, trailing year)₹4.36
  • Dividend yield0.32%
  • Volume (last session)493

Financials of Vipul Organics

Exchange-reported figures of Vipul Organics Limited, the listed company behind Vipul Organics (BSE: VIPULORG).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹175 Cr
+7.7% YoY
EBITDA
₹17.24 Cr
+18.5% YoY
Profit After Tax
₹6.92 Cr
+67.6% YoY
Net Worth
₹117 Cr
+83.4% YoY
Total Assets
₹170 Cr
+53.8% YoY
Total Debt
₹52.86 Cr
+13.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue17516315013413311992.25
Revenue growth+7.7%+8.5%+12.1%+0.6%+12.2%+28.7%-
EBITDA17.2414.5511.7011.6715.9516.089.04
EBITDA margin+9.8%+8.9%+7.8%+8.7%+12.0%+13.6%+9.8%
Profit before tax9.546.334.622.749.769.547.09
Net profit6.924.132.971.916.366.844.77
Net profit margin+4.0%+2.5%+2.0%+1.4%+4.8%+5.8%+5.2%
EPS (β‚Ή)3.843.322.571.466.807.186.19
Balance sheet
Total assets17011188.3584.8082.2668.2753.87
Net worth11763.8658.2553.0152.3240.4432.39
Total debt52.8646.4630.2331.3330.0627.9521.57
Cash & bank29.892.362.225.782.886.205.25
Net working capital84.3256.1445.5844.5141.9635.0817.82
Cash flow
Cash from operations10.520.624.8410.142.46(2.07)13.91
Cash from investing(34.11)(15.24)(6.85)(3.02)(11.06)(1.56)(11.16)
Cash from financing24.9114.73(1.61)(4.56)5.424.37(0.13)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue51.7852.2246.1439.4337.6044.0941.4139.24
Revenue growth (YoY)+37.7%+18.4%+11.4%+0.5%-1.2%---
Other income0.400.400.240.230.09(0.11)0.120.19
EBITDA4.994.784.354.313.783.753.883.66
EBITDA margin+9.6%+9.2%+9.4%+10.9%+10.1%+8.5%+9.4%+9.3%
Depreciation1.411.631.581.621.551.601.591.45
Interest0.530.540.490.540.700.870.590.64
Profit before tax3.453.012.522.381.621.171.821.76
Tax0.921.030.670.580.350.380.380.70
Net profit2.531.981.851.801.270.791.441.06
EPS (β‚Ή)1.331.101.101.150.860.470.890.81
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue17516315013413312092.97
Revenue growth+7.7%+8.5%+12.1%+0.6%+11.4%+28.6%-
EBITDA17.2514.5711.7111.6915.9616.509.01
EBITDA margin+9.8%+9.0%+7.8%+8.7%+12.0%+13.8%+9.7%
Profit before tax9.556.354.632.769.779.557.09
Net profit6.924.442.962.016.376.844.76
Net profit margin+4.0%+2.7%+2.0%+1.5%+4.8%+5.7%+5.1%
EPS (β‚Ή)3.843.342.571.546.827.186.17
Balance sheet
Total assets17111188.8285.2782.6368.6354.22
Net worth11764.1958.5653.3352.5540.6632.61
Total debt52.8646.4630.2331.3330.0627.9521.57
Cash & bank29.872.352.215.762.766.085.19
Net working capital83.7655.5744.9943.9341.0834.4817.36
Cash flow
Cash from operations10.510.624.8610.242.46(2.27)13.88
Cash from investing(34.11)(15.24)(6.85)(3.02)(11.06)(1.42)(11.16)
Cash from financing24.9114.73(1.63)(4.56)5.424.37(0.12)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue51.7852.2246.1439.4337.6044.0941.4139.24
Revenue growth (YoY)+37.7%+18.4%+11.4%+0.5%-1.2%---
Other income0.400.400.240.230.09(0.11)0.120.19
Total expenses46.7947.4441.7835.1233.8140.3337.5335.58
EBITDA4.994.784.364.313.793.763.883.66
EBITDA margin+9.6%+9.2%+9.4%+10.9%+10.1%+8.5%+9.4%+9.3%
Depreciation1.411.631.581.621.551.601.581.45
Interest0.530.540.490.540.700.870.590.64
Profit before tax3.453.012.532.381.631.181.831.76
Tax0.921.030.670.580.350.380.380.70

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 02 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue51.7852.2246.1439.4337.6044.0941.4139.24
Revenue growth (YoY)+37.7%+18.4%+11.4%+0.5%-1.2%---
Other income0.400.400.240.230.09(0.11)0.120.19
EBITDA4.994.784.354.313.783.753.883.66
EBITDA margin+9.6%+9.2%+9.4%+10.9%+10.1%+8.5%+9.4%+9.3%
Depreciation1.411.631.581.621.551.601.591.45
Interest0.530.540.490.540.700.870.590.64
Profit before tax3.453.012.522.381.621.171.821.76
Tax0.921.030.670.580.350.380.380.70
Net profit2.531.981.851.801.270.791.441.06
EPS (β‚Ή)1.331.101.101.150.860.470.890.81
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue17516315013413311992.25
Revenue growth+7.7%+8.5%+12.1%+0.6%+12.2%+28.7%-
Other income0.960.340.910.060.670.651.02
Total expenses15814813812211710383.21
Employee cost0.0010.939.748.826.735.624.99
EBITDA17.2414.5511.7011.6715.9516.089.04
EBITDA margin+9.8%+8.9%+7.8%+8.7%+12.0%+13.6%+9.8%
Depreciation6.395.885.586.325.225.832.05
Interest2.272.682.412.671.641.360.92
Profit before tax9.546.334.622.749.769.547.09
Tax2.631.911.290.862.772.712.30
Net profit6.924.132.971.916.366.844.77
Net profit margin+4.0%+2.5%+2.0%+1.4%+4.8%+5.8%+5.2%
EPS (β‚Ή)3.843.322.571.466.807.186.19
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital19.0513.3113.0112.8110.2511.497.72
Reserves & surplus98.1050.5544.4140.2042.0728.9524.67
Shareholders' funds (net worth)11763.8658.2553.0152.3240.4432.39
Minority interest(0.18)(0.17)(0.16)(0.16)(0.15)(0.14)(0.14)
Secured loans52.8645.7928.2928.5229.2226.9321.42
Unsecured loans0.000.671.942.810.841.020.15
Total debt52.8646.4630.2331.3330.0627.9521.57
Total liabilities17011188.3584.8082.2668.2753.87
Assets
Gross block76.2971.0259.2256.6251.8939.5337.33
Net block37.1038.1632.2435.2236.1328.6132.14
Capital work in progress38.949.285.190.340.030.360.15
Investments0.330.400.690.490.561.120.56
Inventories45.5536.4033.4335.3930.8018.0816.62
Sundry debtors54.3650.8144.4634.0042.6135.3725.10
Cash & bank balances29.892.362.225.782.886.205.25
Loans & advances15.0711.1413.188.609.8213.6412.33
Total current assets14510193.2983.7786.1173.2959.30
Total current liabilities60.5544.5747.7139.2644.1538.2141.48
Net working capital84.3256.1445.5844.5141.9635.0817.82
Total assets17011188.3584.8082.2668.2753.87
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.880.764.381.825.004.261.64
Net cash from operating activities10.520.624.8410.142.46(2.07)13.91
Net cash from investing activities(34.11)(15.24)(6.85)(3.02)(11.06)(1.56)(11.16)
Net cash from financing activities24.9114.73(1.61)(4.56)5.424.37(0.13)
Net change in cash1.320.12(3.62)2.56(3.18)0.742.62
Closing cash29.892.362.225.782.886.205.25
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+7.7%+8.5%+12.1%+0.6%+12.2%+28.7%-
EBITDA growth+18.5%+24.4%+0.3%-26.8%-0.8%+77.9%-
PBT growth+50.7%+37.0%+68.6%-71.9%+2.3%+34.6%+41.0%
Net income growth+67.6%+39.1%+55.5%-70.0%-7.0%+43.4%-
Revenue CAGR (3Y)+9.4%+6.9%+8.1%+13.2%+14.0%+14.4%+17.3%
EBITDA CAGR (3Y)+13.9%-3.0%-10.1%+8.9%+36.2%+55.1%+40.8%
Profitability & leverage
Net income margin+3.9%+2.7%+2.2%+1.4%+5.3%+5.8%+5.2%
Return on capital employed-+9.1%+7.5%+6.5%+15.1%+17.8%+15.8%
Return on net worth-+7.3%+5.4%+3.6%+15.4%+19.3%+15.8%
Debt / equity-0.630.550.580.630.680.68
Long-term debt / equity-0.110.120.150.190.240.24
Interest cover20.9230.9139.3849.9115.2813.2713.16
Efficiency & per share
Fixed asset turnover-2.502.592.472.913.094.03
Inventory turnover-4.664.364.055.456.847.27
Debtors turnover-3.423.833.503.423.934.02
EPS (β‚Ή)3.843.322.571.466.807.186.19
Dividend per share (β‚Ή)0.800.801.000.900.900.900.80
Book value per share (β‚Ή)0.0047.9744.1341.3851.0440.3241.94
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue51.7852.2246.1439.4337.6044.0941.4139.24
Revenue growth (YoY)+37.7%+18.4%+11.4%+0.5%-1.2%---
Other income0.400.400.240.230.09(0.11)0.120.19
Total expenses46.7947.4441.7835.1233.8140.3337.5335.58
EBITDA4.994.784.364.313.793.763.883.66
EBITDA margin+9.6%+9.2%+9.4%+10.9%+10.1%+8.5%+9.4%+9.3%
Depreciation1.411.631.581.621.551.601.581.45
Interest0.530.540.490.540.700.870.590.64
Profit before tax3.453.012.532.381.631.181.831.76
Tax0.921.030.670.580.350.380.380.70
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue17516315013413312092.97
Revenue growth+7.7%+8.5%+12.1%+0.6%+11.4%+28.6%-
Other income0.960.340.910.060.670.221.02
Total expenses15814813812211710383.96
Employee cost0.0010.939.748.826.735.464.82
EBITDA17.2514.5711.7111.6915.9616.509.01
EBITDA margin+9.8%+9.0%+7.8%+8.7%+12.0%+13.8%+9.7%
Depreciation6.395.885.586.325.225.812.02
Interest2.272.682.412.671.641.360.92
Profit before tax9.556.354.632.769.779.557.09
Tax2.631.911.300.782.772.712.31
Net profit6.924.442.962.016.376.844.76
Net profit margin+4.0%+2.7%+2.0%+1.5%+4.8%+5.7%+5.1%
EPS (β‚Ή)3.843.342.571.546.827.186.17
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital19.0513.3113.0112.8110.2511.497.72
Reserves & surplus98.4350.8844.7240.5242.3029.1724.89
Shareholders' funds (net worth)11764.1958.5653.3352.5540.6632.61
Secured loans52.8645.7928.2928.5229.2226.9321.42
Unsecured loans0.000.671.942.810.841.020.15
Total debt52.8646.4630.2331.3330.0627.9521.57
Total liabilities17111188.8285.2782.6368.6354.22
Assets
Gross block76.2470.9759.1756.5751.8439.4837.03
Net block37.0938.1432.2235.2036.1128.5931.95
Capital work in progress38.949.285.190.340.030.360.15
Investments1.451.531.821.621.692.241.68
Inventories45.6336.4833.5135.4830.5417.8216.23
Sundry debtors53.8850.3343.9833.5242.1335.0624.96
Cash & bank balances29.872.352.215.762.766.085.19
Loans & advances15.0511.1213.178.609.7613.5912.22
Total current assets14410092.8783.3685.1972.5558.60
Total current liabilities60.6744.7147.8839.4344.1138.0741.24
Net working capital83.7655.5744.9943.9341.0834.4817.36
Total assets17111188.8285.2782.6368.6354.22
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.860.754.371.704.884.201.60
Net cash from operating activities10.510.624.8610.242.46(2.27)13.88
Net cash from investing activities(34.11)(15.24)(6.85)(3.02)(11.06)(1.42)(11.16)
Net cash from financing activities24.9114.73(1.63)(4.56)5.424.37(0.12)
Net change in cash1.320.12(3.62)2.67(3.18)0.682.60
Closing cash2.182.352.215.762.766.085.19
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+7.7%+8.5%+12.1%+0.6%+11.4%+28.6%-
EBITDA growth+18.4%+24.4%+0.2%-26.8%-3.3%+83.1%-
PBT growth+50.4%+37.2%+67.8%-71.8%+2.3%+34.7%+41.2%
Net income growth+55.9%+50.0%+47.3%-68.5%-6.9%+43.7%-
Revenue CAGR (3Y)+9.4%+6.9%+7.9%+12.9%+13.8%+14.6%+17.7%
EBITDA CAGR (3Y)+13.9%-3.0%-10.8%+9.1%+36.5%+57.1%+41.8%
Profitability & leverage
Net income margin+4.0%+2.7%+2.2%+1.5%+5.3%+5.7%+5.1%
Return on capital employed-+9.1%+7.4%+6.5%+15.1%+17.8%+15.7%
Return on net worth-+7.3%+5.3%+3.7%+15.3%+19.2%+15.7%
Debt / equity-0.620.550.580.620.680.67
Long-term debt / equity-0.110.120.150.190.240.24
Interest cover20.9030.8439.3149.7215.2712.7213.16
Efficiency & per share
Fixed asset turnover-2.502.592.472.923.124.12
Inventory turnover-4.654.354.065.517.027.55
Debtors turnover-3.453.873.543.453.984.11
EPS (β‚Ή)3.843.342.571.546.827.186.17
Dividend per share (β‚Ή)0.800.801.000.900.900.900.80
Book value per share (β‚Ή)0.0048.2244.3741.6351.2740.5542.22

Timeline of Vipul Organics

3 dated milestones of Vipul Organics across 57 years, from founding to its latest funding, stage changes and deals.

  1. Founded Vipul Organics is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $4.0M.

Web traffic of Vipul Organics

The website of Vipul Organics (vipulorganics.com) receives about 4K visits a month.

  • Monthly visits
    4K

    ▲ 3.3% vs previous month

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Top companies in Core & Diversified Chemicals

3 companies that operate in the same segment as Vipul Organics (Core & Diversified Chemicals) in India, ranked by their profile score on The Company Check.

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Manufacturer of fertilizers, industrial chemicals, crop nutrition products, and real estate
1979Pune, Maharashtra, IndiaUSD 1.21 B1,020
Specialty chemicals are manufactured through integrated R&D and production processes.
2023Bengaluru, Karnataka, IndiaUSD 72.97 MUSD 2.13 M
Manufactures coal tar and basic industrial chemicals.
1987Kolkata, West Bengal, IndiaUSD 24 MUSD 496.46 M2,480
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Frequently Asked Questions about Vipul Organics

Vipul Organics was founded in 1968 and raised its 1st funding round 57 years after it was founded.

Vipul Organics is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Vipul Shah is the CEO of Vipul Organics, as recorded in our data.

Vipul Organics has 116 employees.

The primary company behind Vipul Organics, Vipul Organics Limited, reported revenue of β‚Ή176 Cr for FY 2026, up 8% year on year.

Vipul Organics was established in 1968 and is headquartered in Mumbai, India. The company operates within the chemical sector, where reactive dyes, fast colour bases, salts, and dye intermediates are produced. Focus is placed on manufacturing processes for these materials, which support textile and related industries. Key leadership includes Vipul Shah as CEO.

Yes, Vipul Organics is publicly traded on BSE under the ticker symbol VIPULORG.

Vipul Organics operates through Vipul Organics Limited.

The legal entities of Vipul Organics currently have 7 directors, including Shiv Nath Sahai, Vipul Pravinchandra Shah, Megha Satyendra Bhati and others.

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