Vipul Balance Sheet Health

Financial Health criteria checks 5/6

Vipul has a total shareholder equity of ₹3.5B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are ₹12.6B and ₹9.0B respectively. Vipul's EBIT is ₹915.6M making its interest coverage ratio 5.3. It has cash and short-term investments of ₹487.6M.

Key information

53.4%

Debt to equity ratio

₹1.88b

Debt

Interest coverage ratio	5.3x
Cash	₹487.60m
Equity	₹3.52b
Total liabilities	₹9.04b
Total assets	₹12.55b

Recent financial health updates

Recent updates

Further Upside For Vipul Limited (NSE:VIPULLTD) Shares Could Introduce Price Risks After 27% Bounce

Apr 15

Vipul Limited (NSE:VIPULLTD) Soars 33% But It's A Story Of Risk Vs Reward

Feb 23

Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?

Aug 03

Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?

Dec 08

Is Vipul (NSE:VIPULLTD) A Risky Investment?

Aug 03

Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?

Dec 08

Vipul (NSE:VIPULLTD) Has Debt But No Earnings; Should You Worry?

Aug 11

Vipul (NSE:VIPULLTD) Shareholders Booked A 78% Gain In The Last Year

Mar 03

Is Vipul (NSE:VIPULLTD) Using Debt Sensibly?

Dec 04

Should Vipul Limited (NSE:VIPULLTD) Be Part Of Your Dividend Portfolio?

Jul 31

Financial Position Analysis

Short Term Liabilities: VIPULLTD's short term assets (₹11.0B) exceed its short term liabilities (₹8.9B).

Long Term Liabilities: VIPULLTD's short term assets (₹11.0B) exceed its long term liabilities (₹159.4M).

Debt to Equity History and Analysis

Debt Level: VIPULLTD's net debt to equity ratio (39.5%) is considered satisfactory.

Reducing Debt: VIPULLTD's debt to equity ratio has reduced from 157.4% to 53.4% over the past 5 years.

Debt Coverage: VIPULLTD's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: VIPULLTD's interest payments on its debt are well covered by EBIT (5.3x coverage).

Vipul Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?

Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?

Is Vipul (NSE:VIPULLTD) A Risky Investment?

Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?

Vipul (NSE:VIPULLTD) Has Debt But No Earnings; Should You Worry?

Is Vipul (NSE:VIPULLTD) Using Debt Sensibly?

Recent updates

Vipul Limited Announces Cessation of Kapil Dutta as Independent Director

MD, CEO recently sold ₹2.2m worth of stock

MD, CEO recently sold ₹4.6m worth of stock

Vipul Limited Approves the Resignation of Ameeta Verma Duggal as Non-Executive Independent Director

Vipul Limited, Annual General Meeting, Sep 23, 2024

Investor sentiment deteriorates as stock falls 17%

First quarter 2025 earnings released: EPS: ₹0.15 (vs ₹1.28 loss in 1Q 2024)

Vipul Limited to Report Q1, 2025 Results on Jul 12, 2024

Investor sentiment improves as stock rises 17%

New minor risk - Shareholder dilution

Vipul Limited announced that it expects to receive INR 497.7 million in funding

Vipul Limited announced that it expects to receive INR 497.7 million in funding

Further Upside For Vipul Limited (NSE:VIPULLTD) Shares Could Introduce Price Risks After 27% Bounce

Investor sentiment improves as stock rises 18%

Insufficient new directors

Investor sentiment deteriorates as stock falls 17%

Vipul Limited (NSE:VIPULLTD) Soars 33% But It's A Story Of Risk Vs Reward

Investor sentiment improves as stock rises 27%

Third quarter 2024 earnings released: EPS: ₹5.27 (vs ₹1.16 loss in 3Q 2023)

New major risk - Financial position

Second quarter 2024 earnings released: ₹1.42 loss per share (vs ₹1.56 profit in 2Q 2023)

Vipul Limited to Report Q3, 2024 Results on Feb 14, 2024

First quarter 2024 earnings released: ₹1.28 loss per share (vs ₹9.10 loss in 1Q 2023)

Vipul Limited Announces Resignation Vikram Kochhar as Non-Executive Independent Director

Vipul Limited to Report Q1, 2024 Results on Aug 11, 2023

Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?

Full year 2023 earnings released: ₹9.78 loss per share (vs ₹3.49 loss in FY 2022)

Third quarter 2023 earnings released: ₹1.16 loss per share (vs ₹0.16 loss in 3Q 2022)

Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?

Vipul Limited Announces Resignation of Anil Kumar Tibrewal, Chief Financial Officer, Effective November 30, 2022

Vipul Limited to Report Q3, 2023 Results on Feb 14, 2023

Vipul Limited to Report Q4, 2023 Results on May 30, 2023

First quarter 2023 earnings released: ₹9.10 loss per share (vs ₹0.35 loss in 1Q 2022)

Vipul Limited, Annual General Meeting, Sep 30, 2022

Is Vipul (NSE:VIPULLTD) A Risky Investment?

Vipul Limited to Report Q1, 2023 Results on Aug 09, 2022

Full year 2022 earnings released: ₹3.49 loss per share (vs ₹4.63 loss in FY 2021)

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Vipul Limited to Report Q3, 2022 Results on Feb 14, 2022

Does Vipul (NSE:VIPULLTD) Have A Healthy Balance Sheet?

Vipul (NSE:VIPULLTD) Has Debt But No Earnings; Should You Worry?

Full year 2021 earnings released: ₹4.63 loss per share (vs ₹2.86 loss in FY 2020)

D.N. Homes Private Limited entered into an agreement to acquire 51% stake in Vipul Lavanya Developers Limited from Vipul Limited (BSE:511726) for INR 22.2 million.

Vipul (NSE:VIPULLTD) Shareholders Booked A 78% Gain In The Last Year

Vipul Limited Receives No Objection Letter for Signing Joint Venture Agreement with M/s Tulip Infratech Private Limited

New 90-day high: ₹26.15

Third quarter 2021 earnings released: ₹1.80 loss per share (vs ₹0.27 loss in 3Q 2020)

Vipul Limited to Report Q3, 2020 Results on Feb 12, 2021

New 90-day high: ₹20.45

Is Vipul (NSE:VIPULLTD) Using Debt Sensibly?

New 90-day high: ₹15.85

An unknown buyer entered into an agreement to acquire 49% stake in Vipul Lavanya Developers Ltd. from Vipul Limited (BSE:511726) for INR 21.3 million.

First quarter earnings released

Full year earnings released - ₹2.86 loss per share

Vipul Limited to Report Q1, 2021 Results on Sep 15, 2020

Vipul Limited Does Not Recommended Any Dividend on Equity Shares, for the Financial Year Ended March 31, 2020

Full year earnings released - ₹2.86 loss per share

Should Vipul Limited (NSE:VIPULLTD) Be Part Of Your Dividend Portfolio?

Vipul Limited to Report Q4, 2020 Results on Jul 31, 2020

New 90-day low - ₹14.20

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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