Vipul Limited (VIPULLTD) AI Stock Analysis

• Market Cap: ₹1.48B
• Dividend Yield: N/A
• Average Volume (3M): 128.86K
• Price to Earnings (P/E): 0.7
• Beta (1Y): 1.12
• Revenue Growth: -78.99%
• EPS Growth: -110.70%
• Country: IN
• Employees: 64
• Sector: Real Estate
• Sector Strength: 49
• Industry: Real Estate - Diversified
• EPS (TTM): -0.10
• Shares Outstanding: 140,959,470
• 10 Day Avg. Volume: 68,677
• 30 Day Avg. Volume: 128,863
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹10.00
• Price Target Upside: -2.91% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 45 Neutral
• Price Target: ₹10.00 ▼(-2.91% Downside)

Vipul Limited's overall stock score is primarily impacted by its weak financial performance and concerning valuation. The company's declining revenue and profitability, coupled with a negative P/E ratio, highlight significant financial challenges. Technical analysis provides some neutral signals, but the stock's bearish trend and lack of dividend yield further weigh down its attractiveness.

Positive Factors

Improved Cash Flow

Positive free cash flow reflects improved cash management, enhancing the company's ability to fund operations and invest in growth.

Debt Management

Improved debt-to-equity ratio suggests better financial management, reducing financial risk and enhancing long-term stability.

Market Presence

A strong market presence in India positions Vipul Limited to capitalize on urban development trends, supporting long-term growth.

Negative Factors

Declining Revenue

Declining revenue indicates challenges in maintaining market share and competitiveness, impacting long-term financial health.

Negative Profit Margins

Negative profit margins reflect operational inefficiencies and financial instability, hindering the company's ability to generate sustainable profits.

Reliance on Non-Operating Activities

Reliance on non-operating activities for cash generation suggests underlying operational weaknesses, affecting long-term cash flow sustainability.

Vipul Limited Business Overview & Revenue Model

Company Description

Vipul Limited (VIPULLTD) is a diversified company primarily engaged in the real estate and construction sectors, providing a range of services including residential and commercial property development, project management, and consultancy. With a focus on quality and sustainability, Vipul Limited has established a strong presence in the Indian market, delivering innovative real estate solutions and contributing to urban development through its various projects.

How the Company Makes Money

Vipul Limited generates revenue primarily through the sale and leasing of residential and commercial properties. The company undertakes large-scale development projects, which involve significant capital investment but yield substantial returns upon completion and sale. Key revenue streams include direct sales from property development, rental income from commercial properties, and project management fees from clients. Additionally, Vipul Limited may engage in strategic partnerships with other developers and investors to expand its project portfolio and enhance its market reach, contributing positively to its revenue generation.

Vipul Limited Financial Statement Overview

Summary

Vipul Limited faces significant financial challenges, with declining revenue and profitability impacting its income statement. The balance sheet shows moderate leverage but highlights risks with negative returns on equity. Cash flow performance has improved, yet remains reliant on non-operating activities. The company needs to address operational inefficiencies and stabilize its revenue streams to enhance financial stability and profitability.

Income Statement

Vipul Limited's income statement shows significant volatility and declining performance. The company experienced a sharp decline in revenue from 2024 to 2025, with a negative revenue growth rate of approximately -57.8%. Gross profit margin deteriorated significantly, and the net profit margin turned negative, indicating losses. EBIT and EBITDA margins are also negative, reflecting operational challenges. Overall, the income statement reflects financial instability and declining profitability.

Balance Sheet

The balance sheet of Vipul Limited highlights a moderate financial position with some concerns. The debt-to-equity ratio improved from 2024 to 2025, indicating reduced leverage, but remains relatively high at approximately 0.22. The equity ratio is moderate, reflecting a fair proportion of equity financing. However, the return on equity is negative due to net losses, indicating inefficiency in generating returns for shareholders. The balance sheet shows some stability but also highlights financial risks.

Cash Flow

Vipul Limited's cash flow statement indicates mixed performance. The company achieved a positive operating cash flow in 2025, a significant improvement from the previous year. Free cash flow also turned positive, indicating better cash management. However, the operating cash flow to net income ratio is high due to negative net income, suggesting reliance on non-operating activities for cash generation. Overall, cash flow performance shows improvement but remains dependent on external factors.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.95B	870.76M	749.16M	2.06B	1.38B	372.17M
Gross Profit	2.59B	66.20M	359.22M	1.00B	-16.55M	-368.38M
EBITDA	2.48B	-19.23M	260.99M	3.08B	-106.87M	-421.05M
Net Income	2.09B	-282.69M	-1.17B	2.34B	-418.26M	-555.16M
Balance Sheet
Total Assets	0.00	11.90B	14.42B	12.55B	18.45B	18.89B
Cash, Cash Equivalents and Short-Term Investments	131.69M	1.61B	979.75M	423.76M	131.61M	228.52M
Total Debt	0.00	848.56M	2.66B	1.88B	6.03B	6.33B
Total Liabilities	-4.08B	8.13B	13.24B	9.04B	16.11B	16.14B
Stockholders Equity	4.08B	3.77B	1.15B	3.52B	2.31B	2.72B
Cash Flow
Free Cash Flow	0.00	415.30M	4.20B	-1.14B	172.07M	2.58B
Operating Cash Flow	0.00	429.70M	4.21B	-1.12B	172.36M	2.58B
Investing Cash Flow	0.00	116.59M	88.13M	2.07B	160.75M	159.84M
Financing Cash Flow	0.00	-767.48M	-3.57B	-1.38B	-430.02M	-2.65B

Vipul Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.30
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VIPULLTD, the sentiment is Positive. The current price of 10.3 is above the 20-day moving average (MA) of 10.12, above the 50-day MA of 10.22, and below the 200-day MA of 14.63, indicating a neutral trend. The MACD of 0.05 indicates Negative momentum. The RSI at 53.87 is Neutral, neither overbought nor oversold. The STOCH value of 39.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:VIPULLTD.

Vipul Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$7.03B	13.25	-0.30%	6.93%	4.01%	-25.47%
VIPULLTD	45 Neutral	₹1.48B	0.68		―	-78.99%	-110.70%
CORALFINAC	―	₹1.77B	11.67		0.91%	―	―
HDIL	―	₹1.51B	―		―	―	―
LANCORHOL	―	₹1.73B	92.51		0.81%	―	―
PRAENG	55 Neutral	₹1.97B	―		―	23.41%	37.19%
RUCHINFRA	54 Neutral	₹1.73B	21.51		―	-6.26%	-34.22%

Vipul Limited Corporate Events

Vipul Limited Announces Q1 Financial Results and AGM Details

Vipul Limited announced the approval of its unaudited financial results for the first quarter ending June 30, 2025, during a board meeting held on August 14, 2025. The company has appointed Mr. Piyush Bairagi as the new Company Secretary and Compliance Officer. The 34th Annual General Meeting (AGM) is scheduled for September 23, 2025, with the record date for e-voting set for September 16, 2025. The company has also outlined the e-voting period and appointed a scrutinizer for the AGM.

Vipul Limited Announces Trading Window Closure

Vipul Limited has announced the closure of its trading window in compliance with SEBI regulations. This measure will be in effect from July 1, 2025, until 48 hours after the release of the company’s unaudited financial results for the first quarter ending June 30, 2025. The closure applies to all designated persons within the company, prohibiting them from trading the company’s securities during this period. This step is part of Vipul Limited’s adherence to its Code of Conduct for Insider Trading, ensuring transparency and fairness in its financial dealings.