About Vippy Spin Pro Limited
Data last updated: 14 July 2026
Vippy Spin Pro Limited is a public limited company based in Indore, Madhya Pradesh, India. It specialises in wind energy solutions, a part of the broader environmental services sector. Incorporated on 01 April 1992, the company has been in operation for over 34 years.
Registered with ROC Gwalior under CIN L01710MP1992PLC007043. Listed on BSE: 514302.
Capital: an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.87 Cr. It is led by directors including Deepa Sudhir Mekal and Piyush Mutha.
Last AGM: 30 August 2025. Financial statements filed for year ended 31 March 2025. Office: 414 City Centre 570 M.G Road, Indore, Madhya Pradesh, India – 452001.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹268.19 Cr, a decline of 4.03% compared to the previous year. The net worth stands at ₹99.73 Cr (up 14.08% YoY). Total assets are valued at ₹229.8 Cr (up 75.69% YoY).
The company has a workforce of approximately 84 employees as per the latest available data.
The company is associated with 1 brand - Vippy Spinpro. As per MCA filings, the company has open charges of ₹181.63 Cr and satisfied charges of ₹54.33 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vippyspinpro.com.
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Registered Address414 City Centre 570 M.G Road, Indore, Madhya Pradesh, India – 452001
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IndustryEnvironment, Wind Energy Solutions, Solar Energy Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Vippy Spin Pro Limited
Vippy Spin Pro Limited has one previous CIN (Corporate Identification Number): U01710MP1992PLC007043. The current CIN is L01710MP1992PLC007043, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L01710MP1992PLC007043 | Current |
| U01710MP1992PLC007043 | Previous |
Associated Brands with Vippy Spin Pro Limited
Vippy Spin Pro Limited operates one associated brand: Vippy Spinpro. These brands represent Vippy Spin Pro Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Cotton yarns are manufactured by Vippy Spinpro in Indore, India. | vippyspinpro.com |
Business Activity of Vippy Spin Pro Limited
Vippy Spin Pro Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details for Vippy Spin Pro Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Vippy Spin Pro Limited
Vippy Spin Pro Limited is audited by M/s R.S. Bansal & Co. (ICAI peer reviewed, certificate valid till 2028-01-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s R.S. Bansal & Co. (ICAI peer reviewed, certificate valid till 2028-01-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Vippy Spin Pro Limited
Vippy Spin Pro Limited is currently managed by 6 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Deepa Sudhir Mekal
Also directs:
Vippy Spin Pro Limited, Vipro Exim Private Limited
|
Director | 31 Mar 2017 | 9 Years 4 Months | Current |
|
Piyush Mutha
Also directs:
Vippy Spin Pro Limited, Starshine Enterprises Private Limited
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Managing Director | 01 Apr 1992 | 34 Years 4 Months | Current |
|
Mangalore Maruthi Rao
Also directs:
Vippy Spin Pro Limited
|
Whole-Time Director | 28 Oct 2012 | 13 Years 9 Months | Current |
| Praneet Mutha | Director | 19 Dec 2000 | 25 Years 8 Months | Current |
| Manish Jhanwar | Director | 02 May 2022 | 4 Years 3 Months | Current |
|
Kamal Ahluwalia
Also directs:
Vippy Spin Pro Limited
|
Director | 01 Sep 2024 | 1 Years 11 Months | Current |
Financials of Vippy Spin Pro Limited FY 2026 filings available
Vippy Spin Pro Limited reported revenue of ₹268.19 Cr (down 4.03% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹268.19 Cr | ₹279.45 Cr | ₹249.63 Cr | ₹156.32 Cr | ₹139.43 Cr | ₹87.57 Cr | ₹110.66 Cr | ₹113.55 Cr |
| Other Income | ₹3.51 Cr | ₹1.91 Cr | ₹88.73 Lakh | ₹1.12 Cr | ₹1.07 Cr | ₹37.88 Lakh | ₹63.06 Lakh | ₹33.61 Lakh |
| Total Income | ₹271.7 Cr | ₹281.37 Cr | ₹250.51 Cr | ₹157.45 Cr | ₹140.5 Cr | ₹87.95 Cr | ₹111.29 Cr | ₹113.89 Cr |
| Cost of Materials Consumed | ₹206.23 Cr | ₹217.14 Cr | ₹201.31 Cr | ₹118.7 Cr | ₹102.22 Cr | ₹62.72 Cr | ₹85.28 Cr | ₹85.61 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹1.72 Lakh | ₹25.76 Lakh | ₹4.75 Lakh | ₹7.05 Lakh | ₹0 | ₹63.89 Lakh | ₹0 |
| Changes in Inventories | -₹1.5 Cr | ₹7.74 Lakh | -₹87.85 Lakh | -₹69.65 Lakh | -₹1.07 Cr | ₹62.61 Lakh | -₹75.94 Lakh | -₹32.3 Lakh |
| Employee Benefit Expense | ₹5.61 Cr | ₹4.33 Cr | ₹4.37 Cr | ₹4.5 Cr | ₹3.76 Cr | ₹3.42 Cr | ₹3.62 Cr | ₹3.55 Cr |
| Finance Costs | ₹2.46 Cr | ₹1.36 Cr | ₹2.91 Cr | ₹52.2 Lakh | ₹25.83 Lakh | ₹31.29 Lakh | ₹79.7 Lakh | ₹1.03 Cr |
| Depreciation & Amortisation | ₹12.36 Cr | ₹10.04 Cr | ₹9.83 Cr | ₹2.9 Cr | ₹1.34 Cr | ₹1.56 Cr | ₹1.81 Cr | ₹2.1 Cr |
| Other Expenses | ₹29.28 Cr | ₹31.96 Cr | ₹26.85 Cr | ₹17.07 Cr | ₹17.59 Cr | ₹13.88 Cr | ₹15.36 Cr | ₹15.93 Cr |
| Total Expenses | ₹254.43 Cr | ₹264.91 Cr | ₹244.64 Cr | ₹143.04 Cr | ₹124.17 Cr | ₹82.52 Cr | ₹106.76 Cr | ₹107.9 Cr |
| Profit Before Exceptional Items & Tax | ₹17.27 Cr | ₹16.46 Cr | ₹5.87 Cr | ₹14.4 Cr | ₹16.33 Cr | ₹5.43 Cr | ₹4.53 Cr | ₹5.99 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹17.27 Cr | ₹16.46 Cr | ₹5.87 Cr | ₹14.4 Cr | ₹16.33 Cr | ₹5.43 Cr | ₹4.53 Cr | ₹5.99 Cr |
| Total Tax Expense | ₹5.29 Cr | ₹4.97 Cr | ₹1.52 Cr | ₹3.69 Cr | ₹4.16 Cr | ₹1.47 Cr | ₹74.63 Lakh | ₹1.52 Cr |
| Net Profit | ₹11.98 Cr | ₹11.49 Cr | ₹4.35 Cr | ₹10.71 Cr | ₹12.17 Cr | ₹3.97 Cr | ₹3.79 Cr | ₹4.47 Cr |
| Other Comprehensive Income | ₹32.52 Lakh | -₹11.11 Lakh | ₹37.33 Lakh | ₹22.15 Lakh | ₹7.28 Lakh | ₹11.21 Lakh | -₹11.8 Lakh | -₹4.64 Lakh |
| Total Comprehensive Income | ₹12.31 Cr | ₹11.38 Cr | ₹4.73 Cr | ₹10.94 Cr | ₹12.24 Cr | ₹4.08 Cr | ₹3.67 Cr | ₹4.43 Cr |
| EBITDA (computed) | ₹32.08 Cr | ₹27.85 Cr | ₹18.61 Cr | ₹17.82 Cr | ₹17.92 Cr | ₹7.31 Cr | ₹7.14 Cr | ₹9.13 Cr |
| Basic EPS | ₹20.41 | ₹19.57 | ₹7.42 | ₹18.25 | ₹20.73 | ₹6.76 | ₹6.45 | ₹7.62 |
| Diluted EPS | ₹20.41 | ₹19.57 | ₹7.42 | ₹18.25 | ₹20.73 | ₹6.76 | ₹6.45 | ₹7.62 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹229.8 Cr | ₹130.8 Cr | ₹147.77 Cr | ₹114.97 Cr | ₹81.23 Cr | ₹57.88 Cr | ₹58.35 Cr | ₹68.67 Cr |
| Non-current Assets | ₹115.39 Cr | ₹57.8 Cr | ₹64.81 Cr | ₹62.89 Cr | ₹20.83 Cr | ₹12.4 Cr | ₹13.8 Cr | ₹16.27 Cr |
| Current Assets | ₹114.41 Cr | ₹73 Cr | ₹82.96 Cr | ₹52.09 Cr | ₹60.4 Cr | ₹45.48 Cr | ₹44.55 Cr | ₹52.4 Cr |
| Property, Plant & Equipment | ₹106.88 Cr | ₹54.05 Cr | ₹61.41 Cr | ₹59.89 Cr | ₹9.67 Cr | ₹11 Cr | ₹12.57 Cr | ₹14.83 Cr |
| Inventories | ₹34.59 Cr | ₹22.91 Cr | ₹44.53 Cr | ₹28.12 Cr | ₹37.31 Cr | ₹26.71 Cr | ₹22.13 Cr | ₹29.57 Cr |
| Trade Receivables | ₹64.42 Cr | ₹43.01 Cr | ₹33.99 Cr | ₹19.83 Cr | ₹21.52 Cr | ₹17.2 Cr | ₹20.68 Cr | ₹17.89 Cr |
| Cash & Equivalents | ₹1.25 Lakh | ₹1.78 Lakh | ₹99,000 | ₹1.93 Lakh | ₹1.42 Lakh | ₹15.9 Lakh | ₹16.05 Lakh | ₹3.01 Lakh |
| Equity (Net Worth) | ₹99.73 Cr | ₹87.42 Cr | ₹76.05 Cr | ₹71.32 Cr | ₹60.38 Cr | ₹48.14 Cr | ₹44.06 Cr | ₹40.39 Cr |
| Equity Share Capital | ₹5.87 Cr | ₹5.87 Cr | ₹5.87 Cr | ₹5.87 Cr | ₹5.87 Cr | ₹5.87 Cr | ₹5.87 Cr | ₹5.87 Cr |
| Borrowings (Non-current) | ₹62.15 Cr | ₹20.02 Cr | ₹28.1 Cr | ₹26.8 Cr | ₹30.24 Lakh | ₹18 Lakh | ₹90 Lakh | ₹1.62 Cr |
| Borrowings (Current) | ₹50.03 Cr | ₹12.99 Cr | ₹33.97 Cr | ₹2.22 Cr | ₹13.41 Cr | ₹2.35 Cr | ₹6.9 Cr | ₹17.71 Cr |
| Total Debt (computed) | ₹112.18 Cr | ₹33.01 Cr | ₹62.07 Cr | ₹29.02 Cr | ₹13.71 Cr | ₹2.53 Cr | ₹7.8 Cr | ₹19.33 Cr |
| Current Liabilities | ₹62.55 Cr | ₹20.56 Cr | ₹42.5 Cr | ₹15.37 Cr | ₹19.5 Cr | ₹8.46 Cr | ₹12.25 Cr | ₹24.96 Cr |
| Total Liabilities | ₹130.07 Cr | ₹43.38 Cr | ₹71.72 Cr | ₹43.65 Cr | ₹20.84 Cr | ₹9.74 Cr | ₹14.29 Cr | ₹28.27 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹16.51 Cr | ₹29.3 Cr | -₹13.07 Cr | ₹26.66 Cr | -₹6.79 Cr |
| Investing Cash Flow | -₹63.59 Cr | -₹1.73 Cr | -₹10.39 Cr | -₹47.96 Cr | -₹3.74 Cr |
| Financing Cash Flow | ₹80.1 Cr | -₹27.56 Cr | ₹23.45 Cr | ₹21.31 Cr | ₹10.38 Cr |
| Capital Expenditure | ₹66.03 Cr | ₹2.83 Cr | ₹11.37 Cr | ₹48.92 Cr | ₹4.37 Cr |
| Free Cash Flow (computed) | -₹82.54 Cr | ₹26.47 Cr | -₹24.43 Cr | -₹22.26 Cr | -₹11.16 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹52,000 | ₹78,000 | -₹95,000 | ₹52,000 | -₹14.49 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹88.69 Cr | ₹55.5 Cr | ₹52.83 Cr | ₹71.17 Cr | ₹70.04 Cr | ₹69.91 Cr | ₹69.36 Cr | ₹70.14 Cr |
| Other Income | ₹1.4 Cr | ₹73.97 Lakh | ₹83.63 Lakh | ₹53.54 Lakh | ₹87.16 Lakh | ₹43.94 Lakh | ₹18.38 Lakh | ₹41.91 Lakh |
| Total Income | ₹90.09 Cr | ₹56.24 Cr | ₹53.67 Cr | ₹71.7 Cr | ₹70.91 Cr | ₹70.35 Cr | ₹69.55 Cr | ₹70.56 Cr |
| Cost of Materials Consumed | ₹72.33 Cr | ₹44.42 Cr | ₹36.77 Cr | ₹52.72 Cr | ₹56.59 Cr | ₹52.6 Cr | ₹52.4 Cr | ₹55.53 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.2 Lakh | ₹1.82 Lakh |
| Changes in Inventories | -₹2.8 Cr | -₹1.94 Cr | ₹2.52 Cr | ₹72.38 Lakh | -₹1.2 Cr | ₹53.54 Lakh | ₹14.57 Lakh | ₹59.94 Lakh |
| Employee Benefit Expense | ₹1.26 Cr | ₹1.19 Cr | ₹1.34 Cr | ₹1.1 Cr | ₹1.04 Cr | ₹1.06 Cr | ₹1.16 Cr | ₹1.06 Cr |
| Finance Costs | ₹1.35 Cr | -₹18.03 Lakh | ₹52.6 Lakh | ₹76.25 Lakh | -₹1.16 Cr | ₹73.67 Lakh | ₹62.86 Lakh | ₹1.15 Cr |
| Depreciation & Amortisation | ₹5.04 Cr | ₹2.97 Cr | ₹2.18 Cr | ₹2.18 Cr | ₹2.6 Cr | ₹2.47 Cr | ₹2.49 Cr | ₹2.47 Cr |
| Other Expenses | ₹8.12 Cr | ₹6.09 Cr | ₹6.43 Cr | ₹8.64 Cr | ₹8.73 Cr | ₹7.86 Cr | ₹8.16 Cr | ₹7.21 Cr |
| Total Expenses | ₹85.28 Cr | ₹52.54 Cr | ₹49.76 Cr | ₹66.12 Cr | ₹66.6 Cr | ₹65.27 Cr | ₹65 Cr | ₹68.04 Cr |
| Profit Before Exceptional Items & Tax | ₹4.81 Cr | ₹3.7 Cr | ₹3.9 Cr | ₹5.59 Cr | ₹4.31 Cr | ₹5.08 Cr | ₹4.55 Cr | ₹2.52 Cr |
| Exceptional Items | ₹0 | -₹72.61 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹4.81 Cr | ₹2.97 Cr | ₹3.9 Cr | ₹5.59 Cr | ₹4.31 Cr | ₹5.08 Cr | ₹4.55 Cr | ₹2.52 Cr |
| Total Tax Expense | ₹1.43 Cr | ₹1.14 Cr | ₹1.16 Cr | ₹1.56 Cr | ₹1.76 Cr | ₹1.34 Cr | ₹1.18 Cr | ₹68.51 Lakh |
| Net Profit | ₹3.38 Cr | ₹1.83 Cr | ₹2.75 Cr | ₹4.03 Cr | ₹2.55 Cr | ₹3.73 Cr | ₹3.37 Cr | ₹1.84 Cr |
| Other Comprehensive Income | ₹21.94 Lakh | ₹4.6 Lakh | ₹3.15 Lakh | ₹2.83 Lakh | -₹6.33 Lakh | -₹3.15 Lakh | -₹7.24 Lakh | ₹5.61 Lakh |
| Total Comprehensive Income | ₹3.6 Cr | ₹1.88 Cr | ₹2.78 Cr | ₹4.05 Cr | ₹2.48 Cr | ₹3.7 Cr | ₹3.3 Cr | ₹1.89 Cr |
| EBITDA (computed) | ₹11.19 Cr | ₹6.48 Cr | ₹6.61 Cr | ₹8.53 Cr | ₹5.75 Cr | ₹8.29 Cr | ₹7.67 Cr | ₹6.15 Cr |
| Basic EPS | ₹5.76 | ₹3.12 | ₹4.68 | ₹6.86 | ₹4.34 | ₹6.36 | ₹5.74 | ₹3.13 |
| Diluted EPS | ₹5.76 | ₹3.12 | ₹4.68 | ₹6.86 | ₹4.34 | ₹6.36 | ₹5.74 | ₹3.13 |
Shareholding Pattern of Vippy Spin Pro Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 66.58%, domestic institutional investors hold 0.03%, retail and other public shareholders hold 33.39% of Vippy Spin Pro Limited. The company had 7,942 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 66.58% | 66.58% | 66.58% | 66.58% | 66.58% | 66.58% |
| Public | 33.42% | 33.42% | 33.42% | 33.42% | 33.42% | 33.42% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 66.58% | 66.58% | 66.58% |
| Public | 33.42% | 33.42% | 33.42% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Vippy Spin Pro Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2026 | Others | ₹90 Lakh | Open |
| 07 Jan 2026 | Hdfc Bank Limited | ₹20.84 Cr | Open |
| 17 Apr 2025 | Hdfc Bank Limited | ₹44.27 Cr | Open |
| 26 Mar 2025 | Others | ₹32 Lakh | Open |
| 02 Aug 2021 | Hdfc Bank Limited | ₹33.5 Cr | Open |
Total charge records: 15 View all charges
Employees and EPFO Compliance at Vippy Spin Pro Limited
Vippy Spin Pro Limited has a workforce of 84 employees as of Apr 06, 2024.
Employee and EPFO history for Vippy Spin Pro Limited
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GST Compliance of Vippy Spin Pro Limited
GST registrations and filing compliance for Vippy Spin Pro Limited
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Credit Ratings, Litigation & Regulatory Alerts for Vippy Spin Pro Limited
Credit ratings, litigation, and regulatory alerts for Vippy Spin Pro Limited
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MSME Payment Delays by Vippy Spin Pro Limited
MSME payment history for Vippy Spin Pro Limited
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Subsidiaries & Group Companies of Vippy Spin Pro Limited
Corporate group structure for Vippy Spin Pro Limited
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MCA Filings & Documents of Vippy Spin Pro Limited
MCA filings and documents for Vippy Spin Pro Limited
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Recent Activity on Vippy Spin Pro Limited
Frequently Asked Questions about Vippy Spin Pro Limited
Vippy Spin Pro Limited is an active public limited company in the environment sector based in Indore, Madhya Pradesh, India. It was incorporated on 01 April 1992 (34+ years old) and is registered under CIN L01710MP1992PLC007043. Listed on BSE: 514302. The company has 84 employees.
Vippy Spin Pro Limited reported revenue of ₹268.19 Cr for FY 2026 (down 4.03% YoY) based on standalone BSE filings.
The current directors of Vippy Spin Pro Limited are:
- Deepa Sudhir Mekal - Director
- Piyush Mutha - Managing Director
- Mangalore Maruthi Rao - Whole-Time Director
- Praneet Mutha - Director
- Manish Jhanwar - Director
- Kamal Ahluwalia - Director
The primary industry of Vippy Spin Pro Limited is environment. The company specifically operates in wind energy solutions. The company is currently active in this sector.
Yes. Vippy Spin Pro Limited is listed on BSE with code 514302.
Vippy Spin Pro Limited can be reached at the registered office: 414 City Centre 570 M.G Road, Indore, Madhya Pradesh, India – 452001, or through the website vippyspinpro.com.