- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹122 Cr2,610th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 1 Oct 2026
- 0.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 16 Oct 2026
- −2.1%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹7.38 crore of one-off items, the largest of them in the quarter to Sep 2025.
- −4.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 16 Oct 2026
- −9.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 1 Oct 2026
- 0.22
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,67,20853.1% delivered
Vipul board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Managing director and CEOPUNIT BERIWALA
- ChairpersonAJAY ARJIT SINGH
6 directors5 independent1 executive
- PUNIT BERIWALA · Managing director and CEOExecutive · joined Oct 2002 · reappointed Apr 2023 · 36 months as independent · 1 listed board · 2 committee seats
- SANJAY SOODIndependent · joined Nov 2023 · reappointed Sep 2024 · 18 months as independent · 1 listed board · 1 as independent · 2 committee seats
- AJAY ARJIT SINGH · ChairpersonIndependent · joined Mar 2021 · reappointed Sep 2021 · 54 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- DOLLY SINGHALIndependent · joined Feb 2025 · reappointed Sep 2025 · 9 months as independent · 1 listed board · 1 as independent
- DIPESH JASVANTLAL SHAHIndependent · joined Jun 2026 · 0 months as independent · 1 listed board · 1 as independent
- SUNIL GUPTAIndependent · joined Jun 2026 · 0 months as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
3 directors who left
- RAJEEV GUPTA, left 4 Jun 2026: Others
- VISHAKA BERIWALA, left 23 Sep 2025: Others
- MINAXI MANOJ PAREEK, left 28 Jan 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 14 Feb 20264 of 5 present3 independent
Audit Committee
Chair AJAY ARJIT SINGH
PUNIT BERIWALA, SANJAY SOOD
- 14 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SANJAY SOOD
AJAY ARJIT SINGH, DIPESH JASVANTLAL SHAH
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair AJAY ARJIT SINGH
PUNIT BERIWALA, SANJAY SOOD
No meeting listed in the filing.
Risk Management Committee
Chair AJAY ARJIT SINGH
PUNIT BERIWALA, SANJAY SOOD
- 14 Feb 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair AJAY ARJIT SINGH
SANJAY SOOD, PUNIT BERIWALA
No meeting listed in the filing.
Independent Director Meeting
- 14 Feb 20264 of 4 present4 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- JSUS & ASSOCIATESPeer-review certificate valid to May 2028
1 earlier auditor
- JUSU & AssociatesNamed in the filing for the quarter to Jun 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Vipul AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Vipul dividend history
Extraordinary general meeting, 8 Jan 2026
30,649 shareholders on the register on 1 Jan 2026; present: 3 promoters and 45 others; votes counted by AMITABH / AVA Associates.The company's voting result (opens in a new tab)
- Issuance of up to 10,85,00,000 Fully Convertible Warrants to the persons/ entities belonging to the “Promoter & Promoter group” and “Public” category on preferential basis.SpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 26.64% · promoters 99.77% · institutions 12.59% · other public 9.88%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 23 Sep 2025, 7 resolutions
31,672 shareholders on the register on 16 Sep 2025; present: 6 promoters and 76 others; votes counted by AMITABH / AVA ASSOCIATES.The company's voting result (opens in a new tab)
(a) To adopt the Standalone Audited Financial Statements including Balance Sheet as at March 31, 2025, Statement of Profit and Loss for the year ended on that date and reports of the Board and Auditors thereon. (b) To adopt the Consolidated Audited Financial Statements including Balance Sheet as at March 31, 2025, Statement of Profit and Loss for the year ended on that date and reports of the Auditors thereon. NoMoreLess
Ordinary97.44% for2.56% againstAgainst: promoters 0.00% · institutions 0.00% · other public 12.44%
Turnout: all 99.76% · promoters 100.00% · institutions 98.71% · other public 100.00%
- To appoint a director in place of Ms. Puneet Beriwala (DIN: 00231682), who retires by rotation and being eligible, offers herself for re-appointment.OrdinaryPromoters have an interest in it93.47% for6.53% against
Against: promoters 0.00% · institutions 0.00% · other public 12.46%
Turnout: all 99.38% · promoters 0.00% · institutions 98.71% · other public 100.00%
- Re-Appointment of Mr. Punit Beriwala (DIN:00231682) as Managing Director & Chief Executive Officer of the CompanySpecialPromoters have an interest in it93.47% for6.53% against
Against: promoters 0.00% · institutions 0.00% · other public 12.46%
Turnout: all 99.38% · promoters 0.00% · institutions 98.71% · other public 100.00%
- Ratification of remuneration payable to Cost Auditors for the Financial Year ending March 31, 2026;Ordinary97.44% for2.56% against
Against: promoters 0.00% · institutions 0.00% · other public 12.44%
Turnout: all 99.76% · promoters 100.00% · institutions 98.71% · other public 100.00%
- Appointment of Mr. Rajeev Gupta (DIN:06995293) as a Director and as an Independent DirectorSpecial97.44% for2.56% against
Against: promoters 0.00% · institutions 0.00% · other public 12.46%
Turnout: all 99.76% · promoters 100.00% · institutions 98.71% · other public 100.00%
- Appointment of Mrs. Dolly Singhal (DIN:10076068) as a Director and as an Independent Women DirectorSpecial97.43% for2.57% against
Against: promoters 0.00% · institutions 0.00% · other public 12.48%
Turnout: all 99.76% · promoters 100.00% · institutions 98.71% · other public 100.00%
- To appoint M/S. AVA Associates, Company Secretaries through its partner Mr. Amitabh, as Secretarial Auditor for an Audit period of 5 years commencing from FY2025-26 till FY2029-2030.Ordinary97.44% for2.56% against
Against: promoters 0.00% · institutions 0.00% · other public 12.44%
Turnout: all 99.76% · promoters 100.00% · institutions 98.71% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 23 Sep 2024, 4 resolutions
Present: 9 promoters and 83 others.The company's voting result (opens in a new tab)
(a) To adopt the Standalone Audited Financial Statements including Balance Sheet as at March 31, 2024, Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and reports of the Board and Auditors thereon. n(b) To adopt the Consolidated Audited Financial Statements including Balance Sheet as at March 31, 2024, Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and reports of the Auditors thereon. nMoreLess
Ordinary95.02% for4.98% againstAgainst: promoters 0.00% · institutions 0.00% · other public 32.22%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To appoint a Director in place of Ms. Vishaka Beriwala (DIN:07323616), who retitres by rotation and being eligible, offers herself for re-appointment.OrdinaryPromoters have an interest in it71.13% for28.87% against
Against: promoters 0.00% · institutions 0.00% · other public 28.87%
Turnout: all 100.00% · promoters 0.00% · institutions 0.00% · other public 100.00%
- To ratify the remuneration payable to M/s Vijender Sharma & Co., Cost Auditor, for conducting cost audit for the financial year ending March 31, 2025.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Appointment of Mr. Sanjay Sood as a Director and as an Independent DirectorSpecial95.54% for4.46% against
Against: promoters 0.00% · institutions 0.00% · other public 28.87%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 29 Mar 2024, 1 resolution
Present: 5 promoters and 36 others.The company's voting result (opens in a new tab)
- ISSUE OF EQUITY SHARES ON PREFERENTIAL BASISSpecial99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 0.66%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2023, 3 resolutions
Present: 4 promoters and 36 others.The company's voting result (opens in a new tab)
(a) To adopt the Standalone Audited Financial Statements including Balance Sheet as at March 31, 2023, Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and reports of the Board and Auditors thereon. n(b) To adopt the Consolidated Audited Financial Statements including Balance Sheet as at March 31, 2023, Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and reports of the Auditors thereon. nMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To appoint a Director in place of Ms. Vishaka Beriwala (DIN: 07323616), who retires by rotation and being eligible, offers herself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 0.00% · institutions 0.00% · other public 100.00%
- To ratify the remuneration payable to M/s Vijender Sharma & Co., Cost Auditor, for conducting cost audit for the financial year ending March 31, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2022, 5 resolutions
Present: 9 promoters and 32 others.The company's voting result (opens in a new tab)
(a) To adopt the Standalone Audited Financial Statements including Balance Sheet as at March 31, 2022, Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and reports of the Board and Auditors thereon. n(b) To adopt the Consolidated Audited Financial Statements including Balance Sheet as at March 31, 2022, Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and reports of the Auditors thereon. nMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To appoint a Director in place of Ms. Vishaka Beriwala (DIN: 07323616), who retires by rotation and being eligible, offers herself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 0.00% · institutions 0.00% · other public 100.00%
- Re-appointment of the Statutory AuditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To ratify the remuneration payable to M/s Vijender Sharma & Co., Cost Auditor, for conducting cost audit for the financial year ending March 31, 2023.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Re-appointment of Mr. Punit Beriwala (DIN: 00231682) as Managing Director & Chief Executive Officer of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 0.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Sep 2021, 4 resolutions
Present: 2 promoters and 31 others.The company's voting result (opens in a new tab)
(a) To adopt the Standalone Audited Financial Statements including Balance Sheet as at March 31, 2020, Statement of Profit and Loss and Cash Flow Statement for the year (b) To adopt the Consolidated Audited Financial Statements including Balance Sheet as at March 31, 2021, Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and reports of the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To appoint a Director in place of Ms. Vishaka Beriwala (DIN: 07323616), who retires by rotation and being eligible, offers herself for re-appointment.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 0.00% · institutions 0.00% · other public 100.00%
- To ratify the remuneration payable to M/s Vijender Sharma & Co., Cost Auditor, for conducting cost audit for the financial year ending March 31, 2022.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
Appointment of Mr. Ajay Arjit Singh (DIN: 03051938) as a Non-Executive Independent Director of the Company, not liable to retire by rotation, for a term of five consecutive years commencing from September 29, 2021 upto September 28, 2026MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Sep 2020, 5 resolutions
Present: 11 promoters and 49 others.The company's voting result (opens in a new tab)
(a) To adopt the Standalone Audited Financial Statements including Balance Sheet as at March 31, 2020, Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and reports of the Board and Auditors thereon (b) To adopt the Consolidated Audited Financial Statements including Balance Sheet as at March 31, 2020, Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and reports of the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To appoint a Director in place of Mr. Punit Beriwala (DIN: 00231682), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 0.00% · institutions 0.00% · other public 100.00%
- To ratify the remuneration payable to M/s Vijender Sharma & Co., Cost Auditor, for conducting cost audit for the financial year ending March 31, 2021.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Re- appointment of Mrs. Ameeta Verma Duggal (DIN: 02532003) as Non-Executive Independent Director of the Company for a second term of five consecutive years w.e.f. September 26, 2020Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Appointment of Ms. Vishaka Beriwala (Din: 07323616) as a DirectorOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 0.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyNational Stock Excahnge of India LimitedSince 22 Jun 2026
Fine Imposed
Regulation 24A(2) Non-compliance with the submission of Secretarial Compliance Report - Fine or penaltyBSE LimitedSince 22 Jun 2026
Fine Imposed
Regulation 24A(2) Non-compliance with the submission of Secretarial Compliance Report
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- No
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.